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The Depths of Discovery: Power Nickels Next Big Step

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Thu, August 24, 2023 at 12:00 PMendedReplay
The Depths of Discovery: Power Nickels Next Big Step

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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...

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[Speaker identities could not be resolved; generic labels used] [00:08] 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. [00:19] 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. [00:29] 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 [00:45] Speaker 2: and our quest to be the world's 1st carbon neutral nickel mine. So just gonna give you a quick [00:51] Speaker 2: sort of [00:52] Speaker 2: recap [00:53] Speaker 2: of [00:54] 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. [01:07] Speaker 2: Obviously, started with [01:09] Speaker 2: the 3.1 million tonnes that we had historically. [01:12] Speaker 2: We followed that up with [01:15] Speaker 2: 8 holes that [01:17] Speaker 2: proved up that resource, so that was a good start. [01:20] Speaker 2: And then we started the drill program last fall. [01:25] Speaker 2: And pay attention to these red bodies here. This is the good stuff. That's the higher grade. And you'll see [01:31] Speaker 2: as we come to know the ore body more over time t...