(HNCKF)

Description:

Hard Creek Nickel Corp was incorporated on January 17, 1983, under the laws of the province of British Columbia, Canada. The Company's main activity is the acquisition and exploration of mineral properties in Canada. The Company is engaged in the mineral resource business. This business generally consists of three stages exploration, development and production. The Company's business is cyclical as it is largely dependent on nickel demand cycles and the price volatility associated with such demands. The Company is an exploration and development stage company. The Turnagain Property is the Company's main property. The Turnagain Property consists of 65 neighboring mineral claims situated in the Liard Mining Division of northern British Columbia, 70 km east of Dease Lake and 1,350 km north-northwest of Vancouver. The mineral claims collectively cover an area of 33,220 hectares. The Turnagain Property is situated in the Stikine Ranges of the Cassiar Mountains. Elevations range from about 1,000 meters above sea level along the Turnagain River, in the central claim are a, to 2,200 meters at an unnamed summit in the north central property area. The Turnagain Property straddles the Turnagain River near where it joins Hard Creek. The Company faces intense competition in the mineral exploration and exploitation industry. The Company's competitors include established mining companies, natural resource exploration and development companies and numerous other exploration and development companies and individual producers and operators. The current operations of the Company, including development activities on its properties, are subject to laws and regulations.