Independent Nickel Corp. Begins 20,000 meter Drill Program At Lynn Lake Nickel Mine



    SUDBURY, ON, March 6 /CNW/ - Independent Nickel Corp. (INI: TSX-V) has
commenced the 20,000 meter drill program at the Lynn Lake Nickel Mine
Property.
    Foraco Canada Ltd. recently delivered the first drill to the property and
has committed to deliver a second drill outfit to the property by late March.
    The drilling program is designed to test four large mineralized areas in
the mine environment. The Company's goal with the current program is to
complete the necessary work so that infill drilling can then move underground.
    First priority drill targets include:

    
    -   Drilling around the historic, near surface 'M' deposit where historic
        intercepts included up to 0.8% nickel, 0.5% copper over 14 feet;
    -   Testing of the 'Golf' mineralized zone and the highly conductive body
        above the known mineralization, which includes 75 feet grading
        1.2% nickel, 0.5% copper and a separate intersection of 55 feet
        grading 1.7% nickel and 0.6% copper;
    -   Testing of the 1,200 foot long 'Echo' zone, which extends from near
        surface to below the 3,000 feet level and where historic intercepts
        included 14.4 feet of mineralization grading 2.2% nickel; and
    -   Infill drilling of the Hotel target;
    

    In addition to the diamond drilling being done at the mine property, the
Company is continuing with pre-feasibility level engineering studies and
establishing the permit requirements for the mine's dewatering and reopening.
    The Qualified Person responsible for the technical content of this news
release is Richard Murphy, P. Geo., President and CEO of Independent Nickel
Corp.
    The Company also reports that it has granted a total of 1,821,488 options
exercisable at $0.90 per share for a period of 5 years to certain directors,
officers, and employees.

    This document may contain forward-looking statements relating to
Independent Nickel Corp.'s (INI) operations or to the environment in which it
operates. Such statements are based on operations, estimates, forecasts and
projections. They are not guarantees of future performance and involve risks
and uncertainties that are difficult to predict and may be beyond INI's
control. A number of important factors could cause actual outcomes and results
to differ materially from those expressed in forward-looking statements,
including those set forth in other public filings. In addition, such
statements relate to the date on which they are made. Consequently, undue
reliance should not be placed on such forward-looking statements. INI
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, save and except as may be required by applicable securities laws.

    THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
    OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE





For further information:

For further information: Independent Nickel Corp., Richard Murphy,
President and CEO, Tel: (705) 521-8444, Email: info@independentnickel.com, 957
Cambrian Heights Drive, Suite 102, Sudbury, Ontario, P3C 5M6

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INDEPENDENT NICKEL CORP.

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