Premium Nickel Intersects Significant Lengths of Mineralization at Selebi North: 28.70 Metres of 3.45% CuEq or 1.67% NiEq

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[{"type":"text","content":"Premium Nickel Intersects Significant Lengths of Mineralization at Selebi North: 28.70 Metres of 3.45% CuEq or 1.67% NiEqToronto, Ontario--(Newsfile Corp. - November 13, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) (\"PNRL\" or the \"Company\") announces high-grade assay results for a further ten holes all drilled within the Mineral Resource Estimate (\"MRE\") wireframe 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.premiumresources.com. To view the 3D modeling, please visit the following link https://vrify.com/decks/17284.Infill Drilling Assay Highlights for Resource Reclassification:SNUG-24-129: South Limb               9.70 metres of 6.12% CuEq or 2.97% NiEq (2.44% Cu, 1.79% Ni, 0.09% Co)incl. 7.20 metres of 7.24% CuEq or 3.52% NiEq (2.74% Cu, 2.19% Ni, 0.10% Co)SNUG-24-138: N2 Limb               28.70 metres of 3.45% CuEq or 1.67% NiEq (1.66% Cu, 0.87% Ni, 0.05% Co)incl. 10.60 metres of 4.75% CuEq or 2.30% NiEq (1.26% Cu, 1.69% Ni, 0.09% Co)SNUG-24-139: South Limb/N2              10.30 metres of 4.80% CuEq or 2.33% NiEq (2.29% Cu, 1.22% Ni, 0.06% Co) Keith Morrison, CEO of PNRL, commented: \"These assays are the next group of in-fill drilling results at our Selebi North deposit. We have used the National Instrument 43-101 mineral resource estimate geometry to estimate the true widths of these holes. They continue to demonstrate both very good grades and widths. Assays are pending for approximately 14,000 metres of in-fill and expansion drilling.\"Assay results are provided below in Table 1 for SNUG-24-129,134,135,136,138,139,140,141,142 and 147; and drill hole collar details are provided in Table 2. True thickness of mineralization was estimated using the wireframe as part of the MRE (see PNRL news release dated August 8, 2024). Figures 1 and 2 show the location of the holes relative to the MRE and underground infrastructure.Table 1: Assay Results Selebi North Dep...

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