Pure Nickel Inc.
OTC Bulletin Board : PNCKD

Pure Nickel Inc.

April 18, 2007 07:00 ET

Pure Nickel Inc. Stakes Historic Palladium Mining Property and Increases its Salt Chuck Land Position by 400%

TORONTO, ONTARIO--(CCNMatthews - April 18, 2007) - Pure Nickel Inc. (TSX VENTURE:NIC)(OTCBB:PNCKD) announces the staking of 112 federal lode mining claims adjacent to its existing 31 Salt Chuck mining claims. Pure Nickel's Salt Chuck property is located on Prince of Wales Island, Alaska. The island is accessed by ferry service and direct access to the property is by well maintained U.S. Forest Service roads and tide water navigation.

The newly staked federal lode mining claims combined with Pure Nickel's existing claims will cover approximately 2200 acres of contiguous prospective ground including the historic past producing Salt Chuck mine. The Salt Chuck mine was active between 1919 and 1941 and had a reported production of 300,000 tons of copper sulphide ore grading 0.95% Copper (Cu), 2.0 g/t palladium (Pd), 1.1 g/t gold (Au), and 5.7 g/t silver (Ag).

The Salt Chuck mafic-ultramafic complex dominates the geology of the area and forms an elongated northwest trending body approximately 7.3 km long and 1.6 km wide. Age dating indicates that the pluton is 429 million years old.

"This is an important addition to our property package in Pure Nickel. Given the occurrences of high levels of Platinum group elements on other Pure Nickel projects, and our resident technical expertise in these metals, acquiring this additional proven ground contiguous with our current land ownership position at Salt Chuck is strategic and consistent with our growing exploration profile." said Jay Jaski, Chairman and CEO.

Pure Nickel's technical team is currently developing its exploration program on this highly prospective area.

Dr. Larry Hulbert, D.Sc., P.Geo. is a qualified person as defined by National Instrument 43-101 and is responsible for reviewing the technical disclosure in this press release.

About Pure Nickel:

Pure Nickel is a mineral exploration company with multiple advanced nickel sulphide projects in Canada and Alaska. The Company's $8.0 million 2007 exploration program is now underway and is fully funded and drill ready.

This release was prepared by management of Pure Nickel Inc. who take full responsibility for its contents.

Neither the TSX Venture Exchange nor the NASD OTC Bulletin Board have reviewed or accept responsibility for the adequacy of this news release.

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