Power Nickel is pleased to announce that the drill program aiming at following up on the Wildcat high-grade PGM intersection has intersected the anticipated mineralized zone with five additional holes. If confirmed by assay results, the current mineralized envelope is interpreted to extend to a minimum of 300 m below surface, and to a minimum of 200 m laterally, and remains open in all directions. As previously stated [...]
Discovery Hole had over One Oz/Tonne Combined Platinum and Palladium over 7.75 Metres Power Nickel Inc. is pleased to announce that hole PN-24-047 of the drill program aiming at following up on the Wildcat high-grade PGM intersection has intersected the anticipated mineralized zone some 40 meters to East of the discovery hole. Along with PN-24-044 , this makes it the third intersection similar to the discovery hole [...]
Power Nickel is pleased to announce that the first hole of a drill program following up on the Wildcat high grade PGM intersection, appears to have encountered a mineralized zone similar to the previously announced May 10th 2023. The initial Hole PN-23-031A intersected multiple chalcopyrite stringers and veinlets, almost continuously in the first sixty metres of the drill hole. The thickness and density of these stringers [...]
Power Nickel is pleased to announce the results of its fall drilling campaign at Nisk, the high-grade Nickel Sulfide PGM project. Hole PN-23-036 was previously announced in Nov 2023 and the Company is announcing the remaining six holes PN-23-37 to PN-23-42. As reported in Table 1 below, four of these six holes successfully impact the resource at Nisk, with hole PN-23-40 and PN-23-42 carrying some attractive high-grade [...]
Power Nickel Inc. announces that, further to the Company's news release dated November 29, 2023, it has filed a technical report in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects in respect of its mineral resource estimate for the "NISK" Nickel Sulphide project located in Québec. No material changes were made to the resource estimate announced in the Company's news release dated [...]
Power Nickel Inc. is pleased to announce it has started the 2024 winter Drill Program at the Nisk Nickel Sulfide project in Nemaska Quebec. "We are excited to start our ambitious 2024 Drill Program. The Program will have multiple objectives. First, to test the four new target zones that were identified from the interpretation of our Ambient Noise Tomography program. These targets are hosted in areas showing a similar "ANT [...]
Power Nickel is pleased to announce it has closed a private placement for 4,360,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $2,180,000. The FT Unit closing completed on December 29, 2023, while the balance of the back-end adjustments completed last week. The Company has received conditional TSX Venture Exchange approval for this Private Placement. "We are pleased to [...]
Power Nickel Inc. announces that together with its advisors the Company has filed an official complaint detailing significant and persistent position imbalances for its stock. This troubling imbalance is defined as a broker having an insufficient number of shares in its depository account compared to the number of beneficially owned shares for its customers. This can indicate potential naked short selling and other [...]
Power Nickel Inc. Discover how Power Nickel, leveraging Fleet Space Technologies' mineral exploration technology, ExoSphere, is transforming the landscape of nickel exploration. This event will highlight the successful application of Ambient Noise Tomography to generate actionable data in near real-time for identifying nickel targets, emphasizing the potential of these technologies to enhance drilling accuracy and reduce [...]
Power Nickel Inc. is pleased to announce it has closed its previously announced flow-through financing of $2.75 million CAD at $0.90 per share. The financing was completed with investors secured for Power Nickel by Wealth Creation Preservation & Donation Inc. . To ensure this process was done in the least dilutive way possible, Power Nickel arranged to have WCPD Group organize a consortium of Quebec-based investors who [...]
Power Nickel is pleased to release the initial NI 43-101 Mineral Resource Estimate on its "NISK" Nickel Sulphide project, located near Nemaska, James Bay, Québec. Following up a successful drilling campaign in summer of 2023, and new inputs from the recently completed FLEET Ambient Noise Tomography survey, the Nisk geological interpretation has reached a higher level of understanding, resulting in the elaboration of a [...]
Power Nickel Inc. Terry Lynch, CEO of Power Nickel and founder of Save Canadian Mining, and its advisors have prepared and will file in the coming days an official complaint detailing significant and persistent position imbalances for Power Nickel's stock. This troubling imbalance is defined as a broker having an insufficient number of shares in its depository account compared to the number of beneficially owned shares [...]
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