Power Nickel announces good result from step-out hole to south and east of Nisk Main Zone

About this update from Power Metallic Mines Inc.

[{"type":"text","content":"Power Nickel announces good result from step-out hole to south and east of Nisk Main Zone\n \n \n (NewsDirect)\n \n \n \n \n Power Nickel Inc CEO Terry Lynch joined\nProactive's Steve Darling with an update on the company's\nrecent assay results and developments.\n \n \n Power Nickel conducted a step-out hole to test the Nisk Main\nDeposit, positioning it 300 meters to the south and east of previous\ndrilling. The assay results from this step-out hole revealed a\n19.5-meter interval, commencing at a downhole distance of 463.5\nmeters.\n \n \n Notably, the initial hole\nshowed 1.75 meters of 1.10% Ni (nickel) and 4.54% Cu (copper), along\nwith 6 meters of 0.86% Ni and 0.54% Cu. Lynch explained that the west\nside of Nisk Main Deposit contains higher-grade material, and these\nfindings reaffirm that trend.\n \n \n The\ncompany anticipates further promising results from two holes with\npending assay results, indicating that Nisk Main West remains open at\ndepth. Subsequent drilling activities leading up to Christmas will\nfocus on significant step-outs in this area to further explore its\npotential.\n \n \n In addition to the\nexploration updates, Lynch shared that Power Nickel Inc has\nsuccessfully closed the previously announced private placement,\nraising gross proceeds of $705,000. These funds will contribute to the\ncompany's ongoing exploration efforts and support its objectives\nin unlocking the value of its nickel and copper deposits.\n \n \n \n Contact Details\n \n \n \n Proactive\n \n \n +1\n347-449-0879\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2101,"tagName":"div"}]

More updates from Power Metallic Mines Inc.