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Power Nickel Provides Exploration Update
Power Nickel Provides Exploration Update Canada NewsWire TORONTO , ...
About this update from Power Metallic Mines Inc.
[{"type":"text","content":"\n\n\n\n Power Nickel Provides Exploration Update\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\n TORONTO\n \n\n ,\n \n\n Aug. 13, 2024\n \n\n /CNW/ - Power Nickel Inc. (the \"\n \n Company\n \n \" or \"\n \n Power Nickel\n \n \") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to provide details on the Exploration Program being deployed on its Nisk Property,\n \n Nemaska, Quebec\n \n . While the 2024 summer Drill Program at the Lion Zone continues to successfully intersect poly-metallic mineralisation, the Company has begun an extensive property scale Exploration Program, which will include downhole and ground-based geophysical surveys. These exploration efforts are anticipated to provide a robust framework for identifying new prospective sub-surface target areas and are aiming at defining a possible continuity over the 5.5 km strike-length separating Nisk Main and the Lion Zone.\n \n\n \"With the addition of the\n \n $20 Million dollars\n \n of exploration capital and Dr.\n \n Steve Beresford\n \n to our Board and Technical Team, we have significantly enhanced our ability to follow up our exploration success at Nisk. Our revamped exploration program is discussed below and in detail at our recent webinar on the topic (\n \n https://on.6ix.com/3WP0Nqa\n \n ). We are most encouraged with this summer's progress and believe our strategic approach will maximize the speed and size of our exploration discoveries,\" commented Power Nickel CEO\n \n Terry Lynch\n \n .\n \n\n\n\n\n\n\n\n\n To the west, the Nisk Main zone extends over\n \n 650 m\n \n and to a depth of\n \n 500 m\n \n below surface. The 2023 Mineral Resource Estimate, dated\n \n Nov. 29\n \n\n th\n \n , 2023, presents a combined \"in-pit\" and underground indicated resource of 5.43 Mt grading 1.05% NiEq, and 1.79 Mt @ 1.35% NiEq of underground inferred resource. Nisk Main remains open at depth along what has been identified as high-grade mineralization shoots.\n \n\n To the northeast, the Lion Zone is currently followed on approximately\n \n 300 m\n \n , to a depth of\n \...