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Power Nickel Inc V.PNPN

Alternate Symbol(s):  PNPNF

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.


TSXV:PNPN - Post by User

Comment by Margin321on Nov 29, 2024 9:22am
141 Views
Post# 36337208

RE:good to see good conversation I feel a buyout cmvr

RE:good to see good conversation I feel a buyout cmvrIt has gotten a little more complicated since cmvr showed up. Their feasibility study was based on approx 10MT of 1% Nickel at Misk main. That w as before Lion polymetallic  discovery. Now PN has that with more tons than that of much more valuable rock. Based on copper, palladium, platinum, silver, and a little gold. It is still possible that Nisk main are connected at depth or that there are other polymetallic lenses. Would a jv based on nickel refinery make a buyout less attractive to a major like Agnico Eagle or Vale?  Or would a deal with Cmvr provide capital to let PN partner with turn-key mine builder. I think that is less likely. As Lion grows in scale, the range of possibilities increases. Will be fun to watch the results of the fully funded 30,000 meter drilling program roll in over the next 6 months. PN has three rigs drilling now and will add a fourth in January. First results from the fall drilling program will be next week or at the latest the week after next. 
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