Premium Nickel Resources Ltd. is pleased to announce a CAD 7 million bridge loan financing from Pinnacle Island LP, an arm's-length limited partnership formed under the laws of the Province of Ontario , which is evidenced by the issuance of a promissory note by the Company to the Lender . The Promissory Note bears a principal amount of CAD 7 million and interest at a rate of 10% per annum, calculated monthly and payable [...]
Premium Nickel Resources Ltd. wishes to clarify a reference in its news release disseminated earlier today entitled "Premium Nickel Resources Ltd. Reports Assay Results from Underground Exploration Drift Grab Samples and Additional Assays on Historic Core Samples from 100% Owned Selkirk Mine in Botswana". In the earlier news release, the Company indicated that it would include the results of its data verification efforts [...]
Premium Nickel Resources Ltd. is pleased to provide an update on its underground grab sampling program, as well as additional assay results from the sampling of historic core at its 100% owned Selkirk nickel-copper-cobalt-platinum group elements sulphide mine in Botswana. The past-producing Selkirk Mine is located 28 kilometres south-east of the town of Francistown, Botswana and 75 kilometres north of the Company's 100 [...]
Premium Nickel Resources Ltd. is pleased to announce the appointment of Mr. Don Newberry to its Board of Directors . Mr. Don Newberry was appointed to the Board on October 12, 2022 to fill an existing vacancy. Mr. Newberry has over 20 years of experience in a variety of senior financial and project management leadership roles and is currently the Chief Financial Officer at Ohio Trucks Sales. He has spent most of his [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from the Company's 2022 diamond drilling program at its 100% owned Selebi nickel-copper-cobalt sulphide Mine in Botswana. The Company's 2022 diamond drilling program commenced March 14, 2022, with approximately 8,958 metres of drilling completed as of September 5, 2022. Assay results have been received for an additional two drillholes [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from the sampling of historic core and an update on an underground grab sampling program at its 100% owned Selkirk nickel-copper-cobalt-platinum group elements sulphide Mine in Botswana. The Selkirk Mine is located 28 kilometres south-east of the town of Francistown, and 75 kilometres north of the Company's 100% owned Selebi Mine . The Company has [...]
Premium Nickel Resources Ltd. is pleased to announce the creation of Premium Nickel Resources International Metals Group , a new metals division of the Company. Keith Morrison, CEO, commented: "PNR International Metals will develop direct relations with end consumers in the base metals markets, including electric vehicle battery manufacturers, with the intent to bridge information gaps and provide the Company with [...]
Premium Nickel Resources Ltd. is pleased to report the first assay results from historic 2016 core sampling and provide an update on its 100% owned Selkirk nickel-copper-cobalt-platinum group elements sulphide mine in Botswana. The Selkirk Mine is located 28 kilometres south-east of the town of Francistown, and 75 kilometres north of the Company's 100% owned Selebi Mine. The Selkirk Mine was acquired through an asset [...]
Premium Nickel Resources Ltd. is pleased to report the results of the Company's 2021 metallurgical study completed at its 100% owned Selkirk nickel-copper-cobalt- platinum group elements sulphide Mine in Botswana. The objective of this initial 2021 metallurgical study was to assess if readily marketable copper and nickel concentrates could be produced and, if so, at what metal recovery levels. The Selkirk test program [...]
Premium Nickel Resources Ltd. is pleased to announce the completion of its acquisition of the nickel, copper, cobalt, platinum-group elements Selkirk Mine in Botswana, together with associated infrastructure and four surrounding prospecting licences formerly operated by Tati Nickel Mining Company . The acquisition was completed pursuant to the Company's previously-announced asset purchase agreement with the Liquidator of [...]
Premium Nickel Resources is pleased to report the first assay results from the Company's 2022 diamond drilling program at its 100% owned Selebi nickel-copper-cobalt sulphide Mine in Botswana. The Company's 2022 diamond drilling program commenced March 14, 2022, with approximately 8,366 metres of drilling completed as of August 16, 2022. Results have been received for the first 2022 drillhole and are reported herein. Assay [...]
Premium Nickel Resources is pleased to announce that trading in the Company's common shares is expected to commence on the TSX Venture Exchange at market open on Wednesday, August 17, 2022 under the symbol "PNRL". The resumption of trading follows the successful closing by the Company of its previously-announced "reverse takeover" transaction, which resulted in the formation of "Premium Nickel Resources Ltd." For [...]
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