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Meeting Overview The meeting focused on Power NECO's latest drilling initiatives aimed at establishing the world's first carbon-neutral nickel mine. CEO Terry Lynch and VP of IR Duncan Roy provided updates on the drilling progress, resource assessments, and future exploration plans. Key Discussion Points - Introduction of the meeting and participants. - Overview of the drilling program and historical resource data. - Discussion of initial drilling results, including high-grade nickel intersections. - Exploration of the ore body and its potential for expansion at depth. - Upcoming drilling plans, including targeting areas with significant PGM (platinum group metals) results. - Utilization of new technologies such as ambient noise tomography to guide drilling efforts. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Continue drilling at depth to explore the ore body further. - [Unassigned] : Prepare for upcoming drilling of extension holes in...
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.
VP, Investor Relations at Power Nickel
Duncan Roy is a University of Western Ontario graduate with a BA in Political Science. He brings a sophisticated, highly experienced, and diverse knowledge base to his current role with Power Nickel. Since 2019, Roy has run a highly successful Capital Markets Advisory company. Prior to that, he spent over three decades plus in the brokerage industry, based in Toronto, as a retail broker with a PDO designation and various management roles.
Speaker 1: Okay, everyone, thank you for joining Power NECO's live event. I'm pleased to introduce their CEO, Terry Lynch, and their VP of IR, Duncan Roy. Today, they'll be discussing their latest drill initiatives. Speaker 1: I want to encourage you to participate in the live Q&A at the end. So just as a reminder, you can submit the questions in the bottom right-hand side of your screen at any point during the presentation. Speaker 1: As always, the summit will be recorded and will be available on Six.com to watch afterwards. So without further ado, I'll kick things off to you, Terry. Great. Sounds good. Thanks for having us again. And we just wanted to give you a quick update. Obviously, you announced yesterday that we're back drilling Speaker 2: and our quest to be the world's 1st carbon neutral nickel mine. So just gonna give you a quick Speaker 2: sort of Speaker 2: recap Speaker 2: of Speaker 2: what we've done so far, and then we'll talk about where we're going and then take some Q and A and hopefully get out of here fairly quickly in like 30 minutes or so. So without further ado, we're just going to jump ahead a little bit. Speaker 2: Obviously, started with Speaker 2: the 3.1 million tonnes that we had historically. Speaker 2: We followed that up with Speaker 2: 8 holes that Speaker 2: proved up that resource, so that was a good start. Speaker 2: And then we started the drill program last fall. Speaker 2: And pay attention to these red bodies here. This is the good stuff. That's the higher grade. And you'll see Speaker 2: as we come to know the ore body more over time these these maps sort of change but we Speaker 2: start off obviously with this banger hole 2209 Speaker 2: which was Speaker 2: 40 meters of almost 1.6 percent Nickel EQ so that was a great st...