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High Grade Drill Results: 3.55 Metres of 5.52% CuEq or 2.68% NiEq Including 2.35 Metres of 7.80% CuEq or 3.78% NiEq from Selebi North
"The poly-metallic nature of our deposits offers the opportunity for PNRL to be competitive in mu...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"High Grade Drill Results: 3.55 Metres of 5.52% CuEq or 2.68% NiEq Including 2.35 Metres of 7.80% CuEq or 3.78% NiEq from Selebi North\"The poly-metallic nature of our deposits offers the opportunity for PNRL to be competitive in multiple commodity markets, specifically in copper but also in cobalt and PGE, in addition to nickel. However, we continue to experience what we see as a significant disconnect between the Company's share price and the value of the Selebi and Selkirk assets and consistently positive information and milestones achieved to date. These permitted mines continue to demonstrate that the deposits are larger than previously understood. The deposits come with existing infrastructure, including two operating shafts, a substantial network of underground infrastructure, rail, power and roads that will enable PNRL to move faster to production without incurring the full costs of building a new mine.\" - CEO, Keith MorrisonToronto, Ontario--(Newsfile Corp. - September 17, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) (\"PNRL\" or the \"Company\") provides additional high-grade assay results for a further three holes from drilling at its past-producing nickel-copper-cobalt sulphide (\"Ni-Cu-Co\") Selebi North underground (\"SNUG\") mine in Botswana. Drill core photos for all highlighted holes released to date, including the holes reported herein, are accessible by Clicking Here and can also be found on the Company's website at www.premiumnickel.com. To view the 3D modeling, please visit the following link https://vrify.com/decks/16954. Highlights include:SNUG-24-124 (South Limb): infill drilling targeting re-classification of Inferred to Indicated Resources.                                      3.55 metres of 5.52% CuEq or 2.68% NiEq (4.44% Cu, 0.53% Ni, 0.03% Co)                              incl. 2.35 metres of 7.80% CuEq or 3.78% NiEq (6.40% Cu, 0.68% Ni, 0.04% Co)SNUG-24-096-W1 (South Limb and N2): BHEM results show strong anomaly indicating additional down-plunge up-side potential and h...