Power Nickel Inc V.PNPN

Report on Power Nickel!

[cmarketinsights]

Since January 2024, Power Nickel has surged 170%, thanks to the discovery of a new high-grade polymetallic zone (“Lion”) at its Nisk project in Quebec. Backed by a $20M equity financing from industry heavyweights like Robert Friedland and Rob McEwen, the company is transforming from a nickel junior to a diversified player with significant upside.

 

The Lion zone has shown promising results—15 out of 16 drill holes intersected rich Cu-Ni-PGM-Au-Ag mineralization, suggesting potential for a high-grade, mid-sized deposit with world-class grades. With an 8,000 m drill program in progress and a feasibility study underway, the next phase of resource delineation could be key.

 

You can read the full report by the analysts at Fundamental Research Corp.here: https://www.researchfrc.com/content/reports/post/138/transforms-into-a-polymetallic-play-attracting-robert-friedland-rob-mcewen

[Margin321]

That article was from September 5. The 8,000 meter drilling program was the summer of 2024 program that ended Spetember 15.  They are now one week into drilling (with 3 rigs) the 30,000 meter program that will continue through April 2025 and will better define the scale of the Lion polymetallic zone and show whether it is connected at depth to Nisk main which is the original  Nickel