Premium Nickel Resources provides exceptional assay results from the re-sampling of historic drill core and an update on the Mineral Resource Estimate for the Selkirk deposit at its nickel-copper-cobalt-platinum group elements sulphide Selkirk mine in Botswana. The Selkirk Mine is the Company's second asset in Botswanas. The Company assayed samples from a total of seventeen historic drill holes extracted by the former [...]
Premium Nickel Resources announces deposit expansion and high-grade assay results for a further three holes and assays pending for one hole all drilled outside of the initial Mineral Resource Estimate wireframe at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Drill core photos for all highlighted holes released to date, including the holes reported herein, are accessible by [...]
Premium Nickel Resources Ltd. announces more high-grade assay results for a further six holes from drilling at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Drill core photos for all highlighted holes released to date, including the holes reported herein, are accessible by Clicking Here and can also be found on the Company's website An initial Mineral Resource Estimate for the [...]
Premium Nickel Resources is pleased to announce that the Company has entered into an advisory agreement with Altitude Capital Partners Inc. to support the Company with capital markets strategy and analysis of funding. This engagement aims to enhance the Company's market presence as the Company advances its past-producing copper-nickel-cobalt-platinum group element sulphide Selebi and Selkirk mines in Botswana. Altitude is [...]
"These in-fill assay results continue to meet our expectations and confirm both the high grade and scale of our Selebi North resource. Our underground drilling program at Selebi North continues to be an efficient process for both converting the NI 43-101 MRE Inferred resources to Indicated resources, while also increasing the size of the deposit" - CEO, Keith Morrison Premium Nickel Resources Ltd. announces more [...]
Premium Nickel Resources Ltd. is pleased to announce that the Company has filed an initial Mineral Resource Estimate titled "Technical Report, Selebi Mines, Central District, Republic of Botswana" and dated September 20, 2024 on its past-producing copper-nickel-cobalt sulphide Selebi Main and Selebi North deposits in Botswana. The Technical Report has been prepared by SLR Consulting Ltd. in accordance with National [...]
Premium Nickel Resources Ltd. is pleased to announce the appointment of Mr. Paul Martin to the Board of Directors of the Company. Mr. Martin was appointed to the Board effective immediately, to fill a vacancy resulting from the retirement from the Board of Mr. John Hick. Mr. Martin is a mining executive with over thirty years' experience at the CEO, CFO and director levels, in challenging and changing corporate [...]
"The poly-metallic nature of our deposits offers the opportunity for PNRL to be competitive in multiple commodity markets, specifically in copper but also in cobalt and PGE, in addition to nickel. However, we continue to experience what we see as a significant disconnect between the Company's share price and the value of the Selebi and Selkirk assets and consistently positive information and milestones achieved to date [...]
"Ongoing underground drilling at Selebi North totaling approximately 20,000 metres has been completed, in addition to the approximately 30,000 metres reflected in the initial mineral resource estimate. Infill drilling is designed to upgrade classification in the mineral resource estimate from Inferred into Indicated, which is required for future Pre-Feasibility Studies. We are also preparing to move underground and start [...]
Premium Nickel Resources Ltd. announces that, effective August 14, 2024, it has granted to certain directors, officers, employees and/or consultants of the Company and/or its subsidiaries an aggregate of 3,110,000 stock options of the Company pursuant to the stock option plan of the Company. The Options have an exercise price of $1.10 per share and a five-year term from the date of grant, and vest annually in equal thirds [...]
Selebi Main Deposit Inferred Mineral Resource Estimate of 18.89 million tonnes at 3.51% CuEq or 1.70% NiEq. Contained metal Inferred - 165,000 tonnes nickel and 319,000 tonnes copper. Selebi North Deposit Indicated Mineral Resource Estimate of 3.00 million tonnes at 2.92% CuEq or 1.42% NiEq. Contained metal Indicated - 29,000 tonnes nickel and 27,000 tonnes copper. Inferred Mineral Resource Estimate of 5.83 million tonnes [...]
Premium Nickel Resources Ltd. announces that it has granted an aggregate of 350,202 deferred share units to its non-management directors at a deemed price of $0.81 per DSU. The DSUs were granted in consideration for services rendered by the directors for the quarter ended June 30, 2024. The DSUs were granted in accordance with the Company's Deferred Share Unit Plan adopted on December 26, 2022, as amended, and were priced [...]
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