TORONTO, ONTARIO -- (Marketwire) -- 08/18/10 -- Continental Nickel Limited (TSX VENTURE: CNI) ('Continental' or 'CNI' or the 'Company') is pleased to announce the first assay results from its 2010 drilling program at the St. Stephen Nickel-Copper project in New Brunswick. Continental can acquire up to a 75% interest in the project, under the terms of an option agreement with Abitex Resources of Val d'Or, Quebec.