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Premium Nickel Resources Reports Assays from Selebi North Underground Drilling

22.00 metres of 1.74% NiEq (1.22% Ni; 0.89% Cu; 0.06% Co) Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (O

articleNexmetals Mining Corp.November 27, 20233/company/nexmetals-mining-corp-1/news/premium-nickel-resources-reports-assays-from-selebi-north-underground-drilling
Premium Nickel Resources Reports Assays from Selebi North Underground Drilling

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[{"type":"text","content":" 22.00 metres of 1.74% NiEq (1.22% Ni; 0.89% Cu; 0.06% Co) Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - 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. Results have been previously released for six holes (see news release dated November 14, 2023 and entitled \"Premium Nickel Resources Ltd. Reports Initial Assays from Selebi North Underground Drilling in Botswana\"), and results for a further six holes are released herein. Highlights and details of the assay results are shown below along with accompanying visuals via Figure 1, Figure 2, Figure 3. Drill core photos for recent holes drilled with assays pending that are not included in the six holes reported herein are accessible by Clicking Here. All drill core photos released to date can be found on the website at https://premiumnickelresources.com. To view the 3D modeling, please visit the following link https://vrify.com/decks/14741. Highlights include: SNUG-23-028 (South Limb): 10.75 metres of 1.90% NiEq (1.15% Ni; 1.40% Cu; 0.06% Co) and 13.50 metres of 1.86% NiEq (1.34% Ni; 0.84% Cu; 0.07% Co) SNUG-23-032 (N2 Limb): 22.00 metres of 1.74% NiEq (1.22% Ni; 0.89% Cu; 0.06% Co) including 13.45 metres of 2.19% NiEq (1.52% Ni; 1.17% Cu; 0.07% Co) Keith Morrison, CEO of PNRL, commented: \"Our underground drilling at Selebi North continues at higher productivity rates than anticipated. Recent drilling results confirm that the legacy fold pattern identified in the mine (South Limb, N2 Limb and N3 Limb) continues beyond the historic South African Mineral Resource Committee (\"SAMREC\") resource block model. We have intercepts of thicker remobilized conductive massive sulphide mineralization associated with these folds. The combination of fold/fault structures and high electrical conductivity will provide effective targeting for following this higher-grade mineralization both inside and outside the legacy SAMREC resource.\" The objective of these holes is to define mineralization down plunge of the existing workings that will be used to complete a Mineral Resource Estimation (\"MRE\") prepared in accordance with National Instrument 43-101 - Standards of Discl...

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