Power Nickel Begins Fall Deep Drilling Program At Nisk

FULL DISCLOSURE: This is sponsored content for Power Nickel.

Drilling has begun for Power Nickel (TSXV: PNPN) under its fall drill program at its flagship Nisk project, found in Quebec.

The drill program has begun with deep target hole PN-23-036, which is located east of hole PN-23-35, which intersected 31.9 metres of 0.98% nickel equivalent, as well as east of hole PN-22-009, which intersected 40.3 metres of 1.49% nickel equivalent. Drilling is set to begin 300 metres to the east and 300 metres to the south of the latter hole.

Power Nickel currently expects to intersect mineralization at a depth of 390 metres as it looks to better understand the depth of the Nisk deposit.

The drill program as a whole is intended to test several electromagnetic targets hosted within the ultramafic body, with the company also using data from an ambient noise tomography survey to reinforce drill targets. Downhole electromagnetics will also be conducted to further add to the data collected.

READ: Power Nickel Exercises Option To Take 50% Ownership In Nisk Project

Additional targets under the program include the Wildcat area, found 4 km to the northeast of the main Nisk Zone, with a second drill to begin exploring the target in September.

The full news release from the company with additional details can be viewed here.

Power Nickel last traded at $0.255 on the TSX Venture.


FULL DISCLOSURE: Power Nickel is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Power Nickel. The author has been compensated to cover Power Nickel on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Power Nickel To Raise $2.75 Million For Further Exploration At Nisk

Power Nickel (TSXV: PNPN) is raising funds for the further exploration of its flagship Nisk...
Monday, October 16, 2023, 09:51:58 AM

Power Nickel Appoints Mining Expert Dr Steve Beresford To Board Of Directors

Power Nickel (TSXV: PNPN) has expanded its board of directors following the appointment of Dr...
Monday, July 29, 2024, 09:46:13 AM

Power Nickel Submits Complaint To Regulators Over Continuous Market Imbalances

Power Nickel (TSXV: PNPN) has filed an official complaint with regulators pertaining to a continuous...
Tuesday, December 12, 2023, 09:09:05 AM

Power Nickel Intersects 20.76 g/t Platinum Over 7.75 Metres At Newly Discovered Zone

A new high-grade copper and platinum group metals zone has been identified at Power Nickel's...
Wednesday, May 10, 2023, 08:26:01 AM

Becoming the World’s First Carbon-Neutral Nickel Mine — With Terry Lynch of Power Nickel

Joining us today on the Daily Dive is Terry Lynch, CEO of Power Nickel (TSXV:...

Tuesday, March 7, 2023, 01:30:00 PM