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Power Nickel Extends Nickel Mineralization In Multiple Holes on its Fall 2022 Drill Program

1.40% Ni, 0.88% Cu, O.09 Co,2.52 g/t Palladium,0.56g/t Platinum over 10.2M Hole PN-22-012 0.99%...

articlePower Metallic Mines Inc.March 1, 20234/company/power-metallic/news/power-nickel-extends-nickel-mineralization-in-multiple-holes-on-its-fall-2022-drill-program
Power Nickel Extends Nickel Mineralization In Multiple Holes on its Fall 2022 Drill Program

About this update from Power Metallic Mines Inc.

[{"type":"text","content":"Power Nickel Extends Nickel Mineralization In Multiple Holes on its Fall 2022 Drill Program1.40% Ni, 0.88% Cu, O.09 Co,2.52 g/t Palladium,0.56g/t Platinum over 10.2M Hole PN-22-0120.99% Ni, 0.68% Cu, O.06 Co,0.99 g/t Palladium,0.52g/t Platinum over 5.2M Hole PN-22-011HighlightsRecent assay results from the current drill program at the Nisk deposit continue to return high grade Ni-Cu-Co sulphide and PGE mineralization.Significant results from this batch of assays include:10.25 metres of 1.4% Ni, 0.88% Cu, 0.09 Co, and 2.52 g/t Pd, 0.56 g/t Pt in PN-22-012 including6.85 metres 1.93% Ni, 1.06% Cu, 0.12 Co, and 3.60 g/t Pd, 0.29 g/t Platinum in PN-22-0125.2 metres 0.99% Ni, 0.68 Cu, 0.06 Co, and .99 g/t Pd, 0.52 g/t Pt in PN-22-0113.5 metres of 1.23% Ni, 0.73% Cu, 0.07 Co and 3.17 g/t Pd, 0.36 Pt in hole PN-22-0143.2 metres of 1.15% Ni , 0.39% Cu, 0.09 Co and .83 g/t Pd, 0.10 Pt in hole PN-22-017Drilling is ongoing and expected to continue through to breakup in Late April/Early May TORONTO, ON / ACCESSWIRE / March 1, 2023 / Power Nickel Inc. (the \"Company\" or \"Power Nickel\") (TSX-V:PNPN)(OTCQB:PNPNF)(Frankfurt:IVVI) continues to report new productive results from its Phase 2 drill program at its \"Nisk\" project near James Bay. These initial drill results confirm the presence of high-grade Ni-Cu-Co-PGE mineralization in the Nisk Main zone and extends mineralization by an additional 150 metres at depth and to the east and below to central portionTable 1 below presents the significant results received to date from drill holes PN-22-008 through to PN-22-021.Table 1: Significant results from the 2022 drilling program. UTM NAD83, Zone 18N.True widths are estimated to be 60 to 70% of the Interval Length.Fourteen (14) holes were completed in the fall of 2022 for the second phase of drilling at Nisk. An additional seven (7) holes have been completed in the winter 2023 drill program. This release comprises results covering the mineralized target for five (5) holes: PN-22-011, PN-22-012, PN-22-014, PN-22-017 and PN-22-018. Figure 1 - Longitudinal view of the Nisk Main presenting the currently available assay results.Significant results from PN-22-014 have confirmed the presence of nickel mineralization in the areas defined as targets. Such assay indicates that the mineralization extends to a minimum of 150 metres below the deepest know in...

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