Announcement Date: 2022-11-28
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Power Nickel Inc.
Project name: Nisk
Location: Canada
Commodities: Palladium,Platinum,Copper,Nickel,Cobalt
Highlight: Drilling results incl. 25.86m at 1.17% Ni, 0.80% Cu, 800.00ppm Co, 1.46g/t Pd, 0.23g/t Pt, from 337.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, ON / ACCESSWIRE / November 28, 2022 / Power Nickel Inc. (the “Company” or “Power Nickel”) (TSX-V:PNPN, OTCQB:CMETF, Frankfurt:IVVI) is pleased to announce initial results from its current drill program at its “Nisk” project near James Bay. These initial drill results confirm the presence of highgrade Ni-Cu-Co-PGE mineralization in the Nisk Main zone and extends mineralization by an additional 150 m at depth and to the east and below to the central portion. While assay results are still pending for most of the holes drilled to date, results received so far are very encouraging and continue to demonstrate the robustness of the system. Table 1 below presents the significant results received to date.
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