RE:New Press Release - Power Nickel Presents Nisk - 24 And Beyond at Red Cloud Webinar Series Power Nickel webinar yesterday had good stuff and more to come soon.
There is also a press release coming next Tuesday before Beaver Creek, hopefully with some summer results or at least a couple of drill core pictures. Good discussions of CMVR possibilities - and how potential for a nickel powder refinery changes any negotiations about buy out of whole project. Feasibility study from CMVR this month. Also very nice discussion of superb economics of polymetallic deposits. Most of current drilling is at Lion (75%) and Nisk (25%) but two other EM anomalies will be tested pretty soon. Drilling will stop Sept 15 and resume October 1. May jump to 4 rigs for winter drill campaign which will be informed by results from summer campaign. Company happy about summer campaign which has expanded Nisk. They have added a series of deep non-productive drill holes alongside Nisk and Lion for downhole EM which with other geophysics will speed exploration of whole package. Steve Beresford helping plan and direct the exploratory efforts.
More to come. They are hunting for a deep rich ore body (maybe nickel/copper) which ties the whole project together and was the engine for the rich Lion polymetallic chute and maybe some other rich deposits nearby.