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Meeting Overview The meeting was a live investment summit hosted by Power Nickel, featuring a presentation by CEO Terry Lynch. The main focus was on the company's recent resource update for their NISQ project in Quebec, highlighting the potential for significant growth and investment opportunities. Key Discussion Points - Introduction of the NISQ project and its significance for Power Nickel shareholders. - Presentation of the initial 43-101 resource estimate, including indicated and inferred resources. - Comparison of Power Nickel's valuation against peers in the nickel market. - Discussion of the drilling program and plans for infill drilling to increase resource tonnage. - Overview of the geological potential for discovering additional nickel pods. - Future plans for expanding drilling programs and securing additional funding. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Begin a 5,000-meter drilling program in mid-August to expand th...
CEO, President & Director at Power Nickel
Terry is the CEO of Power Nickel Inc. and the Founder of Save Canadian Mining. Power Nickel is advancing the NISK project in James Bay Quebec. NISK has a historical resource of approximately 3-over-3 million-tonne 2 percent NiEq. Power completed an initial 3D modelling of the project and is drilling 4,000 metres in Q4 with a view to having a new technical report published in Q1 2022.
Speaker 1: Hello, everyone, and welcome to Power Nickels live investment summit today hosted by 6. Now, please introduce our speaker for today, CEO, President and Director Terry Lynch. Terry's going to walk us through a company presentation and after we'll be accepting questions live. I'd like to remind everyone in the audience that you can ask questions using the Q&A tab found on the right hand side of your screen at any time. As always, this event is being recorded and will be available to watch on Six.com in the coming days. But Terry, with that, I'd like to hand things over to you and get us started. Speaker 2: Great. Thanks for having us here. And it's a great day for Power Nickel shareholders and interested shareholders because we released a great Speaker 2: initial inaugural 43-101 Speaker 2: press release today on our NISQ project in James Bay, or just south of James Bay, Quebec. Speaker 2: And I'm going to walk you through a quick presentation of why that's significant and why it should make you very interested in owning Speaker 2: Power Nickel if you don't already own it, or owning more of it if you have some already. So let's go. Speaker 2: That's Speaker 2: the nickel slide on the front, just what the nickel grade looks like. We won't spend a lot of time on that now. Standard disclaimer, we're going to tell you the truth, but always do your own due diligence. Speaker 2: So here are the results. So basically, Speaker 2: you know, it's a combination of an open pit and underground approach to how we potentially mine this deposit. Speaker 2: It's indicated an inferred resource at this point. So Speaker 2: roughly 2.6% indicated, about 1.4% Speaker 2: inferred, Speaker 2: around 1.2% to 1.3% Speaker 2: nickel EQ. Speaker 2: We use very conservative numbers. As...