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Power Nickel Defines Initial Volume on its High-Grade Cu-Pt-Pd-Au-Ag Zone 5km Northeast of its Main Nisk Deposit
Power Nickel Defines Initial Volume on its High-Grade Cu-Pt-Pd-Au-Ag Zone 5km Northeast of its Ma...
About this update from Power Metallic Mines Inc.
[{"type":"text","content":"\n \n \n \n Power Nickel Defines Initial Volume on its High-Grade Cu-Pt-Pd-Au-Ag Zone 5km Northeast of its Main Nisk Deposit\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Discovery Hole had over\n \n One Oz\n \n /Tonne Combined Platinum and Palladium over 7.75 Metres\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n March 4, 2024\n \n \n /CNW/ -\n \n Power Nickel Inc.\n \n (the \"Company\" or \"Power Nickel\")\n \n \n (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVVI) is pleased to announce that hole PN-24-047 of the drill program aiming at following up on the Wildcat high-grade PGM intersection has intersected the anticipated mineralized zone some 40 meters to East of the discovery hole. Along with PN-24-044 (\n \n Feb 22nd, 2024\n \n ), this makes it the third intersection similar to the discovery hole announced\n \n May 10\n \n \n th\n \n , 2023. An EM anomaly was also tested some\n \n 225 m\n \n further East (PN-24-045) but did not visually intersect significant mineralization.\n \n \n \n \n \n \n \n \n \n As previously stated (\n \n Feb 22nd, 2024\n \n ), PN-24-044 successfully intersected the chalcopyrite-rich zone approximately\n \n 100 m\n \n downdip the initial Hole PN-23-031A (\n \n Figure 1\n \n ). Confirmation of the zone presence at depth was part of a strategy to systematically drill a series of EM targets that are lining up with the tonalite-ultramafics contact at surface.\n \n \n Given the triple amount of massive chalcopyrite observed in hole PN-24-044 compared to PN-23-031A, the focus of the Wildcat drilling program has now shifted to defining the extent of the mineralized zone. The remaining EM anomalies shall be tested later.\n \n \n A series of off-section drillholes were planned on a\n \n 50 m\n \n grid to start defining the volume of the high-grade PGM mineralized zone. The current hole PN-24-047, planned to test the lateral continuity of the zone to the east, encountered the anticipated zone at a downhole depth of approximately\n \n 150 m\n \n (\n \n Figure 2\n \n ).\n \n \n \n \n \n \n \n \n \n \"We are eve...