Power Nickel Inc PNPNF

Primary Symbol: V.PNPN

Metals & Mining Industrial Metals & Minerals

Power Nickel Inc. is a Canada-based junior exploration company. The Company is focused on high-potential nickel, copper, gold, and other battery metal prospects in Canada and Chile. Its projects include NISK, Golden Ivan, Palo Negro Hornitos, Tierra de Oro and Zulema. The NISK project is located in Quebec, Canada. The Nisk property is composed of two blocks totaling 90 claims covering an area of 45.9 square kilometers and a length of over 20 kilometers (km). The Golden Ivan Property is centered approximately five km east of the Stewart airstrip, and 180 km northwest of Terrace. The Golden Ivan property consists of 13 mineral claims. The contiguous Palo Negro and Hornitos properties, 100% owned by it, together comprise over 9,000 hectares in the Atacama Province of Chile’s Third Region. Its wholly owned Tierra de Oro property is located in Chile’s prolific IOCG (iron oxide-copper-gold) belt. The Zulema project is located 30 km from Lundin Mining Corporation’s Candelaria mine.

TSXV:PNPN - Post by User

Power Nickel Inc

<< Previous

Bullboard Posts

Next >>

Post by JasleenDhakaon Dec 21, 2022 5:19pm

284 Views

Post# 35185832

FRC has initiated coverage on Power Nickel!

About the company:

• It is completing a NI 43-101 compliant resource for its NISK high-grade nickel sulphide project in Quebec. NISK has a historic Nickel Equivalent (NiEq) resource totaling 65 Mlbs indicated (grading 1.5%), and 27 Mlbs inferred (grading 1.2%).

• The company is trading at $0.27/lb vs the comparables average of $0.73/lb, implying a 63% discount.

• It is pursuing a 15,000 m drill program to confirm and expand the historic resource (expected by Q2-2023). Initial results from two holes (outside the historic resource area) were highly promising.

• Upcoming catalysts include drilling, the spin-off transaction, and positive sentiment towards juniors focused on EV metals.

Explore more on Power Nickel Inc. here: https://www.researchfrc.com/power-nickel-inc-tsxv-pnpn-otc-cmetf-a-high-grade-junior-trading-at-a-steep-discount-initiating-coverage/?utm_source=stockhouse.com&utm_medium=Referral&utm_campaign=stockhouse.com&utm_id=Power+Nickel

*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.