Hard Creek Nickel Corporation

Hard Creek Nickel Corporation

November 28, 2007 16:10 ET

Hard Creek Drills 0.70% Nickel with 0.48 g/t Pt+Pd Over 8.0 Metres

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 28, 2007) - Hard Creek Nickel Corp. (TSX VENTURE:HNC) is pleased to provide analytical results for an additional 8 diamond drill holes (DDH), totaling 2020 metres (6,627 feet) from the recently completed 75 hole drilling program at its 100% owned Turnagain Project, located 70km east of Dease Lake in British Columbia. Results for 27 of the drill holes have now been released with the analytical results for the remaining 48 holes to be reported when they are received.

Results are reported from five complete and one partial hole in the Northwest zone and from two holes in the Duffy zone area. Drill hole locations can be viewed on the attached map.

"Although the holes in the vicinity of the Duffy zone were not encouraging, the holes in the Northwest zone returned some very pleasant surprises," said Mark Jarvis, President of Hard Creek Nickel. "The platinum-palladium values were well above what was anticipated within sections of drill core above 0.50% total nickel. This is significant because this is the first time we have encountered this relationship within drill core on the property."

"These results open up the potential for developing areas within the Horsetrail deposit which host both nickel and platinum-palladium mineralization," said Mr. Jarvis. "The potential to include platinum and palladium as a portion of our overall resource could be significant. Close spaced drilling will be required during the next drill season to determine the significance and extent of this mineralization."

Holes 07-196, 197 and 198 were drilled as step-out holes along the western and southwestern margins of the Northwest zone mineralization where the favourable dunite-wehrlite lithology is becoming diluted by dykes, hornfels and pyroxenite. Although nickel mineralization is generally weaker than in the core of the Northwest zone, hole 07-197 contained a 32m interval averaging 0.29 percent total nickel, suggesting a possible extension to the west.

Holes 07-199, 202 and 205 were drilled towards the centre of the Northwest zone to confirm the continuity of the mineralization at depth to the north and to test zones of inferred mineral resource. These holes encountered both higher grade nickel mineralization and two intervals of significant platinum-palladium mineralization. Hole 07-199 was terminated in mineralization grading 0.56 percent total nickel and 689ppb (0.69 grams/tonne) combined platinum and palladium. Hole 07-205 intersected an 8m interval averaging 0.70 percent nickel and 475 ppb (0.48 grams/tonne) combined platinum and palladium. Results are pending for the bottom 290 metres of this hole and an additional six holes drilled in the Northwest Zone.

Both holes 07-168 and 07-200 drilled along the southern margin of the Duffy area encountered thick intervals of dunite without significant mineralization.

The total nickel values reported in the table below include nickel in both sulfide and non-sulfide minerals.

DDHs 07-196, 197 and 198 were drilled as step-out holes and 07-199, 202 and 205 were drilled as infill holes within the Northwest zone of the Horsetrail deposit:

From To Length Total Total Pt Pd Pt+Pd
Hole # (m) (m) (m) Ni % Co % ppb ppb ppb

07-196 7.4 32 24.6 0.27 0.012
80 92 12 0.22 0.012
104 120 16 0.21 0.012
168 184 16 0.23 0.013

07-197 168 200 32 0.29 0.013

07-198 No significant results

07-199 136 168 32 0.25 0.013
212 240 28 0.34 0.017
248 276 28 0.25 0.014
292 340 48 0.29 0.013
364 366.1 EOH 2.15 0.56 0.013 347 342 689

07-202 30 46 16 0.27 0.018
62 86 24 0.23 0.016
210 278 68 0.25 0.013
322 341.7 EOH 19.7 0.28 0.011

07-205 8 20 12 0.22 0.016
28 64 36 0.36 0.013
incl. 28 36 8 0.70 0.018 192 283 475
128 140 12 0.27 0.014

Results pending from 148 to 438.4 m

True widths are estimated to be approximately 80 percent of reported core intervals. Samples for analysis were generally 4 metres in length of split NQ-size core. Reference pulps with known nickel and copper values were inserted every 25 core samples and rock blanks inserted every 30 samples to monitor laboratory performance as part of the QC/QA program.

Total nickel, copper, cobalt and sulfur values were determined by ICP emission spectrometry following four acid digestion of a representative pulp sample. Platinum and palladium values were determined by ICP emission spectrometry following lead-collection fire assay fusion of a 30 gram pulp. All analytical work was conducted by Acme Analytical Laboratories Ltd., an ISO 9001 registered facility, located in Vancouver. International Plasma Labs (iPL), an ISO 9001 registered facility, also located in Vancouver, is carrying out check analyses on ten percent of the samples.

The Turnagain Nickel Project resource has been estimated in early 2007 (see February 12, 2007 News Release for details) with the measured and indicated resource estimated at 428.5 million tonnes grading 0.23% total nickel (0.17% nickel in sulfides) and 0.011% cobalt and an additional inferred resource of 742.9 million tonnes grading 0.23% total nickel (0.17% nickel in sulfides) and 0.011% cobalt. Sulfide nickel grades are based on ammonium citrate-hydrogen peroxide leach analyses. Ammonium citrate-hydrogen peroxide leach analyses for nickel provide a good estimate of nickel grades present in sulfide form and display good correlation with recoveries in metallurgical testwork. When compared with conventional analyses for nickel, the ammonium citrate-hydrogen peroxide leach results range from 60% to 90% of total nickel values. Only the nickel in sulfides is expected to be recoverable by froth flotation. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

This news release has been reviewed and approved by Neil Froc, P.Eng., a qualified person consistent with NI 43-101.

On behalf of the Board of Directors of Hard Creek Nickel Corporation

MARK JARVIS, President

To view the map accompanying this press release please click on the following link: http://www.ccnmatthews.com/docs/HNC1128.pdf

The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.

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