Power Nickel Inc V.PNPN

Alternate Symbol(s): PNPNF

Metals & Mining Industrial Metals & Minerals

Power Nickel Inc. is a junior exploration company. The Company is involved in exploring for nickel, copper, cobalt, PEG group metals, gold, and silver on its various properties located in Chile, and Canada (Quebec & British Columbia). It is focused on developing the high-grade Nisk project into Canada's first Carbon Neutral Nickel mine. It owns significant land packages in British Colombia and Chile. Its flagship NISK project is a high-grade nickel-copper sulphide deposit with mineralization of multiple battery metals including Nickel, Copper, Cobalt, Palladium and Platinum. The Nisk Project consists of a total of 90 claims covering an area of 4589.11 hectares. Its properties include Golden Ivan, Palo Negro Hornitos Tierra de Oro, and Zulema. Golden Ivan is located three kilometers to the east of Stewart, BC in the heart of the Golden Triangle. The Golden Ivan property consists of thirteen (13) mineral claims, all in good standing, for a total area of approximately 797 hectares.

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Power Nickel Inc

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Post by JasleenDhakaon Dec 21, 2022 5:19pm

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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.