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Premium Nickel Resources Ltd. Announces Assay Results at Its 100% Owned Selebi Mine in Botswana Including: 16.75 metres of 1.72% NiEq (1.00% Ni, 2.05% Cu, 0.04% Co)
Toronto, Ontario--(Newsfile Corp. - January 27, 2023) -   Premium Nickel Resources Ltd. (TSX...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"Premium Nickel Resources Ltd. Announces Assay Results at Its 100% Owned Selebi Mine in Botswana Including: 16.75 metres of 1.72% NiEq (1.00% Ni, 2.05% Cu, 0.04% Co)Toronto, Ontario--(Newsfile Corp. - January 27, 2023) -  Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) (\"PNRL\" or the \"Company\") is pleased to report additional assay results from the Company's 2022 diamond drilling program at its 100% owned Selebi nickel-copper-cobalt (\"Ni-Cu-Co\") sulphide mine in Botswana.The Company's Phase 1 drilling program was successfully completed in January 2023. The purpose of this Phase 1 program was to demonstrate the upside potential of the Selebi Mine mineralized structures within the 3-kilometer area between the Selebi historical mine workings to the south and the Selebi North historic mine workings to the north (see Figure 1). The results of the drilling program, in conjunction with the borehole electromagnetic (\"BHEM\") program, have provided significant evidence that the Selebi and Selebi North deposits are part of one large mineralized system and that mineralization is present in at least two mineralized amphibolite hosted horizons: the Upper Interval and Lower Interval.The Company has completed approximately 15,074 metres of diamond drilling in Phase 1 of the drill program at the Selebi Mine resulting in multiple high-grade intercepts as reported in previously released assays. The Company is now pleased to announce the receipt of results for an additional two drillholes, SMD-22-008a and SMD-22-009a, which are reported herein.Notable highlights include:SMD-22-009a-W2: 16.75 metres of 1.72% NiEq (1.00% Ni, 2.05% Cu, 0.04% Co)        including 9.35 metres of 2.39% NiEq (1.34% Ni, 3.01% Cu, 0.05% Co)                  and 2.20 metres of 1.76% NiEq (1.33% Ni, 1.11% Cu, 0.05% Co)SMD-22-008a-W2: 9.90 metres of 0.73% NiEq (0.35% Ni, 1.13% Cu, 0.01% Co)        including 6.00 metres of 0.78% NiEq (0.26% Ni, 1.58% Cu, 0.01% Co)BHEM and drilling data provide considerable evidence that the Selebi and Selebi North deposits are part of one large mineralized system.Keith Morrison, CEO commented: \"PNRL's previous drill holes on the Selebi Mine revealed substantial expansion potential and continuity of mineralization along strike, down dip an...