Clean Energy Transition Inc. Updates Aurora Nickel Project Estimate

Clean Energy Transition Inc. announced an updated Mineral Resource Estimate for its Aurora Nickel Project near Timmins, Ontario. The estimate shows 10.5 million tonnes with an average 0.44% nickel grade. The project includes the Aurora North and South deposits. Aurora North holds 8.5 million tonnes at 0.4% nickel, expected to be mined by open-pit methods. Aurora South contains 2 million tonnes at 0.65% nickel, likely mined underground.

CEO Sean Samson expressed optimism about the project's low-carbon potential amidst market uncertainties for critical metals like nickel. A technical report supporting the estimate will be filed on SEDAR+. Micon International Limited conducted the updated estimate in compliance with NI 43-101 standards.

The project's nickel could be used in over 705,000 electric vehicles, highlighting its strategic significance in the transition to more sustainable energy solutions.