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Power Nickel hits 25 metres of Massive and Semi Massive Sulfides on 300 metre Step Out in First Hole of Fall Program
TORONTO, ON / ACCESSWIRE / August 22, 2023 / Power Nickel Inc . (the "Company" or "Power Nickel"...
About this update from Power Metallic Mines Inc.
[{"type":"text","content":"Power Nickel hits 25 metres of Massive and Semi Massive Sulfides on 300 metre Step Out in First Hole of Fall ProgramTORONTO, ON / ACCESSWIRE / August 22, 2023 / Power Nickel Inc. (the \"Company\" or \"Power Nickel\") (TSXV:PNPN)(OTCQB:CMETF)(Frankfurt IVV) is please to announce that the step out hole testing the Nisk Main Deposit 300 metres to the south and east of previous drilling has encountered at a downhole depth of 457 metres about 25 metres of massive and semi-massive sulfides.Figure 1: 2023 Fall Drilling Program, Nisk Main Zone Longitudinal Section. The hole, Number 1 in Figure 1 above, is testing at depth an area to the east of two of the best holes, PN-22-009 and PN-23-035.\"Pretty as a picture. The Scientific team has done a terrific job using both traditional scientific tools like Gravity, IP, Airborne and Downhole EM together with the newer Ambient Noise Tomography to guide us to an exciting new growth zone for Nisk Main. This SE Trend is one of three we have identified at Nisk Main and all look very promising at depth and along strike\" - Commented Power Nickel CEO Terry Lynch.The picture below presents a mosaic of the 6 core boxes containing the massive and semi-massive sulphides intercepted over 25m in this first hole of the fall drilling program.Figure 2: Mosaic picture of the massive to semi-massive sulphides intercepted in hole PN-23-036 \"The SE plunge within the mineralized horizon is a compelling observation. Testing identified plunges at progressive deeper depths is the strategy behind these initial few holes of our fall campaign. Although the grade cannot be presumed now, successfully intersecting these massive and semi massive sulfides is a very encouraging start to our program\" - commented VP Exploration Kenneth Williamson.Figure 3: Nisk Main Zone Longitudinal Section showing the position of hole PN-23-036 as well as proposed drilling sequence of the 2023 Fall Drilling Program. Black arrows represent interpreted higher nickel grade plunges within the mineralized zone. Qualified PersonKenneth Williamson, Géo, M.Sc., VP Exploration at Power Nickel, is the qualified person who has reviewed and approved the technical disclosure contained in this news release.About Power Nickel Inc.Power Nickel is a Canadian junior exploration company focusing on developing the High-Grade Nisk project into Canada's fir...