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Power Nickel Announces Broad Nickel Intercepts From Remaining Drill Holes at Nisk

Highlights 0.60% Ni, 0.39% Cu, 0.50 g/t Pd, and 0.11 g/t Pt over 31.86m in PN-23-035, incl...

articlePower Metallic Mines Inc.June 15, 20234/company/power-metallic/news/power-nickel-announces-broad-nickel-intercepts-from-remaining-drill-holes-at-nisk
Power Nickel Announces Broad Nickel Intercepts From Remaining Drill Holes at Nisk

About this update from Power Metallic Mines Inc.

[{"type":"text","content":"Power Nickel Announces Broad Nickel Intercepts From Remaining Drill Holes at NiskHighlights0.60% Ni, 0.39% Cu, 0.50 g/t Pd, and 0.11 g/t Pt over 31.86m in PN-23-035, including1.18 % Ni, 0.8 % Cu, 1.14 g/t Pd, and 0.28 g/t Pt over 8.82m0.71% Ni, 0.37% Cu, and 0.85 g/t Pd over 10.05m in PN-23-033, including1.25 % Ni, 0.36 % Cu, 1.41 g/t Pd, and 0.12 g/t Pt over 2.95m0.49% Ni, 0.13% Cu, and 0.46 g/t Pd over 8.08m in PN-23-034A, includingTORONTO, ON / ACCESSWIRE / June 15, 2023 / Power Nickel Inc. (the \"Company\" or \"Power Nickel\") (TSXV:PNPN), (OTCBB:PNPNF), (Frankfurt:IVVI) is pleased to announce the latest results from drill holes PN-23-029 to 035. These eight (8) holes (Table 1) were drilled to test distal targets east (PN-23-030/-031) and west (PN-23-029) of the Main Nisk deposit as well as to expand on high-grade intersections at Nisk Main (PN-23-032, -033, -034/034A, and -035; Figures 1-3).Table 1: Significant results for PN-23-029 to PN-23-035. UTM NAD83, Zone 18N.True widths are estimated to be 70% of the Interval Length.*Hole abandoned due to technical issues, re-drilled as PN-23-031A see NR from May 10th**Hole abandoned due to technical issues, re-drilled as PN-23-034ACommented Power Nickel CEO Terry Lynch,\"Another strong result from our Nisk main deposit, these holes will be valuable additions to the resource calculation. This concludes an amazing drill season for us at Nisk.We are very excited now to get the drill results from over 15,000 metres of drilling incorporated into our much anticipated inaugural NI 43-101 mineral resource estimate which we expect to deliver in late Q3.As you read this release, we are readying the Geodes for the Ambient Noise Tomography program. This program will be conducted to assist in the identification of the next prime targets for our Nisk Project (as released earlier this year). Preliminary surveys will be conducted over our core ore zones at Nisk Main where there is a wealth of scientific data. This will enable us to correlate this exciting, advanced technology to reveal what we hope will be the identification of the next Nickel PGM Pods at Nisk.\"Next steps at Nisk include deploying the Ambient Noise Tomography program, completing the analysis of the recent Airborne MAG/EM survey, readying the drilling team for the July start of the funded 15,000 metre drill program, receipt of the...

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