First Nickel Inc.

First Nickel Inc.

August 02, 2005 08:30 ET

First Nickel Appoints John Haflidson, P.Eng. as Chief Operating Officer

TORONTO, ONTARIO--(CCNMatthews - Aug. 2, 2005) - First Nickel Inc. (TSX:FNI) today announced that it has appointed John Haflidson, P. Eng. as its Chief Operating Officer. John has over 30 years experience in the mining industry including management positions with both junior and senior mining companies. A professional mining engineer, John's experience encompasses operations, engineering and project management positions.

"We are very pleased to have John join the First Nickel management team" said Elizabeth Kirkwood, President and CEO. "He has all the necessary skills, experience and track record to ensure the successful restart of the Lockerby Mine later in the fall as well as the evaluation and development of First Nickel's properties, including the Bowell project in the north range of the Sudbury Basin."

At June 30, 2005, First Nickel has working capital of approximately $20,200,000 and 53,393,598 shares issued and outstanding.

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