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Premium Nickel Resources Clarifies Prior News Release
Toronto, Ontario--(Newsfile Corp. - November 15, 2022) - Premium Nickel Resources Ltd. (TSXV: PNRL) (formerly, North American Nickel Inc.) ("PNRL" or the "Compa
About this update from Nexmetals Mining Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - November 15, 2022) - Premium Nickel Resources Ltd. (TSXV: PNRL) (formerly, North American Nickel Inc.) (\"PNRL\" or the \"Company\") 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 at the Selkirk mine in an updated mineral resource estimate being prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (\"NI 43-101\"), which is expected to be completed by the end of 2022. The Company wishes to clarify that such updated technical report will not be an updated mineral resources estimate, but rather an independent technical report prepared in accordance with NI 43-101. The Company is preparing this technical report on a voluntary basis, as PNRL's near-term focus continues to be its flagship asset, the Selebi Mine. About Premium Nickel Resources Ltd. PNRL is a Canadian company dedicated to the exploration and development of high-quality nickel-copper + cobalt resources. PNRL believes that the medium to long-term demand for these metals will continue to grow through global urbanization and the increasing replacement of internal combustion engines with electric motors. Importantly, these metals are key to a low-carbon future. PNRL maintains a skilled team with strong financial, technical and operational expertise to take an asset from discovery to exploration to mining. PNRL has focused its efforts on discovering world class nickel sulphide assets in jurisdictions with rule-of-law that fit a strict criteria that comply with PNRL's values and principles which stand up and surpass the highest acceptable industry standards. PNRL is committed to governance through transparent accountability and open communication within our team and our stakeholders. On January 31, 2022, PNRL closed the acquisition of PNRL's flagship asset, the Selebi Mine. The Selebi Mine includes two shafts, (Selebi and Selebi North shafts) and related infrastructure (rail, power and water). Shaft sinking and plant construction started in 1970. Mi...