CNI Continental Nickel Limited

Continental Nickel Limited (TSX VENTURE:CNI) ("CNI") is pleased to announce the
commencement of David Massola as President and Chief Executive Officer of the
Company on June 27, 2011 and the grant to him, pursuant to the Company's Stock
Option Plan and subject to any regulatory approvals, of 750,000 incentive stock
options at an exercise price of $1.30 per share with a term of five years.


Mr. Massola has over 30 years of experience in the mining industry in both large
international and junior mining companies. He has held a broad range of
executive and management positions in Canada, Chile and the United States.


For the past 4 years, Mr. Massola served as Senior Vice President and CFO of
GlobeStar Mining Corporation in which he was part of the team responsible for
that company's evaluation, permitting and development of the Cerro de Maimon
copper sulphide deposit in the Dominican Republic, where production commenced in
October 2008. 


Prior to GlobeStar Mr. Massola spent 5 years as the Chief Financial Officer for
De Beers Canada Inc. and 20 years with BHP-Billiton in a broad range of
increasingly responsible roles. Mr. Massola held key positions in the teams that
developed and subsequently operated the Escondida Mine in Chile and the Ekati
Diamond Mine in the Northwest Territories. He has been involved with numerous
projects from exploration through feasibility, permitting, financing, joint
venture negotiations, marketing, development and production stages.


Mr. John Nitschke Chairman and Acting CEO commented "We are very pleased to
confirm that David has joined our team and look forward to his contributions and
leadership skills which will complement the strong management teams already in
place. David has considerable experience in taking projects from exploration
through to production gained while working for major mining houses and honed
with his more recent involvement at GlobeStar. His experience complements the
accomplished nickel exploration team with a discovery track record, as well as
the technical studies team that together will enable us to define the extent of
the resource at Sleeping Giant, continue exploration of the Nachingwea land
package and progress with the evaluation of the economic viability of the
already delineated Resources in Tanzania."


About Continental Nickel Limited 

Continental is focused on the exploration, discovery and development of nickel
sulphide deposits in geologically prospective, but under-explored regions
globally. The Company's key asset is its 75% interest in the Nachingwea project
in Tanzania, where Mineral Resources (Measured and Indicated) have been
estimated at 60,900 tonnes of contained nickel, and an additional 131,000 tonnes
of contained nickel in Inferred Mineral Resources. See Continental press release
of April 15, 2011. The project is a 75:25 exploration joint venture between the
Company and IMX.


The Company also has an option to joint venture on the St. Stephen project in
New Brunswick, Canada where the 2010 diamond drill program discovered new Ni-Cu
sulphide zones. 


As at the date of this release, the Company has 42,702,508 common shares issued
and outstanding (51,031,914 on a fully-diluted basis) and trades on the TSX
Venture Exchange under the symbol CNI. The Company remains well funded with over
C$8.7 million in the treasury as at March 31, 2011.


On behalf of Continental Nickel Limited 

John Nitschke, Chairman

CAUTIONARY STATEMENT: No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information contained
herein. This News Release includes certain "forward-looking statements". All
statements other than statements of historical fact included in this release
including, without limitation, statements regarding potential mineralization,
potential or estimated metal recoveries, resources and reserves, exploration
results, future plans and objectives of Continental Nickel Limited, is
forward-looking information that involves various risks and uncertainties. There
can be no assurance that such information will prove to be accurate and actual
results and future events could differ materially from those anticipated in such
information. Important factors that could cause actual results to differ
materially from Continental Nickel Limited's expectations are the risks detailed
herein and from time to time in the filings made by Continental Nickel Limited
with securities regulators.

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