Premium Nickel Resources Reports 102.80 Metres of 2.23% NiEq at Selebi North Underground

About this update from Nexmetals Mining Corp.

[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - February 13, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) (\"PNRL\" or the \"Company\") is pleased to report additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide (\"Ni-Cu-Co\") Selebi North underground (\"SNUG\") mine in Botswana. Previous results for 26 holes were released in 2023 on November 14, November 27 and December 19, 2023 and in 2024 on January 18 and January 30. Results for a further eight holes are released herein. To date a total of 34 holes have been released representing an aggregate of approximately 12,038 metres including the holes and metres released herein. Details of the assay results are shown below along with accompanying visuals via Figure 1, Figure 2 and Figure 3. Drill core photos for all 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.premiumnickelresources.com. Highlights include: SNUG-23-060 (South Limb-north): 36.35 metres of 1.64% NiEq (1.01% Ni; 1.00% Cu; 0.05% Co) including 15.40 metres of 2.00% NiEq (1.14% Ni; 1.42% Cu; 0.06% Co) and 4.10 metres of 2.11% NiEq (1.44% Ni; 1.00% Cu; 0.08% Co) and 5.60 metres of 2.76% NiEq (1.84% Ni; 1.41% Cu; 0.10% Co)  SNUG-23-060 (South Limb-south/N2): 38.20 metres of 1.67% NiEq (1.06% Ni; 0.97% Cu; 0.06% Co) including 25.05 metres of 2.03% NiEq (1.27% Ni; 1.20% Cu; 0.07% Co) including 8.30 metres of 3.07% NiEq (1.98% Ni; 1.72% Cu; 0.10% Co)  SNUG-23-062 (N2 Limb): 20.85 metres of 1.64% NiEq (0.85% Ni; 1.35% Cu; 0.04% Co) including 10.85 metres of 2.10% NiEq (1.06% Ni; 1.79% Cu; 0.05% Co)  SNUG-23-064 (South Limb/N2): 102.80 metres of 2.23% NiEq (1.41% Ni; 1.30% Cu; 0.08% Co) including 86.75 metres of 2.64% NiEq (1.66% Ni; 1.55% Cu; 0.09% Co) including 12.95 metres of 2.89% NiEq (1.92% Ni; 1.49% Cu; 0.10% Co) and 14.70 metres of 3.26% NiEq (1.91% Ni; 2.23% Cu; 0.10% Co) and 19.70 metres of 2.93% NiEq (1.99% Ni; 1.43% Cu; 0.11% Co) and 12.25 metres of 2.71% NiEq (1.69% Ni; 1.62% Cu; 0.09% Co) Keith Morrison, CEO of PNRL, commented: \"These assays continue to demonstrate notable nickel, copper and cobalt grades associated with the conductive massive sulphide mineralization contained in the Selebi North fold structures. These folds have complex shapes related to...

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