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Power Nickel Launches Nisk Project 2024 Winter Drill Program

Power Nickel Inc. (TSXV: PNPN) has begun its 2024 winter Drill Program at the Nisk Nickel Sulfide project in Nemaska Quebec.

2024 Drill Program Underway at Nisk Project

Terry Lynch, CEO of Power Nickel, has announced the start of the firm’s ambitious 2024 Drill Program with several objectives. Initially, the program aims to explore four new target zones identified via Ambient Noise Tomography. These zones, similar in signature to the Nisk Main site, offer potential large-volume resource discoveries.

Furthermore, the program will assess the extension of significant PGM mineralization and continue to develop the known resource at Nisk Main. Drilling will commence on hole PN-23-042B and later focus on ANT Target number 3. With an additional rig scheduled for February, exploration will expand to include the Wildcat Target, 5.5 kilometers from Nisk Main.

Kenneth Williamson, Géo, M.Sc., and VP Exploration at Power Nickel, as the qualified person, has endorsed the technical details disclosed in this press release.

About Power Nickel Inc.

The Canadian junior exploration company, Power Nickel, is dedicated to progressing its High-Grade Nickel Nisk project towards becoming Canada’s first Carbon Neutral nickel mine. Having cemented its ownership stake at 50% and moving towards an 80% acquisition of the Nisk project, Power Nickel is on track to fulfilling its commitments, including the anticipated delivery of an NI 43-101 Technical Report.

The NISK property, featuring a 20-kilometer strike length with high-grade intercepts, remains a significant focus, aiming for the expansion of historical nickel-copper PGM mineralization. Power Nickel also holds considerable assets in British Colombia, Chile, and manages a noteworthy royalty interest in the Copaquire copper-molybdenum deposit.

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