Power Nickel Inc. is pleased to announce the return of the 5 holes of the fall campaign. These holes were testing multiple targets in the Lion zone area. Hole PN-24-095a tested the interpreted plunge of the Lion zone below previous drill holes. Power Nickel previously released photos of mineralized core from hole PN-24-095a , and assays have now confirmed that extension of the high-grade zone . Drill holes PN-24-082 to [...]
Power Nickel Inc. and Chilean Metals Inc. are pleased to announce that they have completed the previously announced strategic reorganization of their business pursuant to which the Golden Ivan Property and certain Chilean assets and liabilities have been spun out to Power Nickel shareholders through Chilean Metals. Terry Lynch, Chief Executive Officer of Power Nickel and a Director of Chilean Metals, commented: "Wow that [...]
Power Nickel Inc. is pleased to announce that, further to the Company's press releases dated December 5, 2024 and January 16, 2025, the previously announced plan of arrangement , whereby Power Nickel will spinout the Golden Ivan Property and certain Chilean assets and liabilities to Chilean Metals Inc. , is expected to become effective at 12:01 a.m. PST on February 3, 2025 . Assuming the Arrangement becomes effective on [...]
Power Nickel Inc. is pleased to announce the beginning of the 2025 winter drill campaign on the Nisk project with hole PN-24-96 . This hole will be testing the depth extension along the trend of the Lion zone, following up on successful drilling of high-grade Cu and precious metal discovered in 2024 drill holes . PN-24-047 contains 14.40m of 8.15% Cu; 6.23 g/t Pd; 8.40 g/t Pt; 68.9 g/t Ag; 0.59 g/t Au; and 0.58% Ni [...]
Power Nickel Inc. is pleased to announce the return of the 3 holes of the fall campaign. These holes were testing the depth and western extensions of the Lion zone. Hole PN-24-079 tested the interpreted plunge of the Lion zone below Hole PN-24-078 , and intersected the main high grade zone. Hole PN-24-080, drilled approximately 75 meters further west from hole PN-24-79, intersecting the mineralized horizon above the [...]
Power Nickel Inc. is pleased to announce the appointment of Industry veteran Joe Campbell, BSc, P. Geo as Vice President of Exploration. Ken Williamson has decided to return to geology consulting after successfully designing the maiden Lion zone drill program and shepherding the discovery forward in 2024. Power Nickel thanks Ken for his service and wishes him the very best in the future. Mr Campbell has over 40 years of [...]
Dear Shareholders: As you know, the shareholders of Power Nickel Inc. held their Annual General and Special Meeting on November 22, 2024 . During the AGSM, the shareholders approved a special resolution for a plan of arrangement whereby the Company will spin-out its Golden Ivan property and certain Chilean exploration assets to Chilean Metals Inc. , a wholly owned subsidiary of the Company . On November 27, 2024, the [...]
Power Nickel Inc. is pleased to announce the return of the first 2 holes of the fall campaign. Hole PN-24-076 reported no material results. Hole PN-24-078 results are outlined in Highlights and Table 1 Below. Highlights: PN-24-078 returned: 29.40 m of 0.53 g/t Au, 11.95 g/t Ag, 1.15 % Cu, 1.08 g/t Pd, 0.36 g/t Pt and 0.06% Ni Including: 11.55 m of 0.44 g/t Au, 11.55 g/t Ag, 0.59 % Cu, 1.25 g/t Pd, 0.76 g/t Pt and 0.02% Ni [...]
Power Nickel Inc. is pleased to announce that drilling has confirmed the presence of mineralization 125 meters below and 75 m west of the currently discovered Lion Zone and intercepted 7 meters and 13 meters of the mineralized geologic unit. They extend the depth of the Lion Zone mineralized unit down to six hundred metres below surface. In Figure 2 below we produce some selected Core Pictures. Terry Lynch, CEO of the [...]
Power Nickel Inc. is pleased to announce that the shareholders of Power Nickel have approved the previously announced plan of arrangement pursuant to which the Company's interest in the Golden Ivan property, along with certain Chilean exploration assets and liabilities, will be spun out to Power Nickel shareholders through the Shareholders receiving common shares in Chilean Metals Inc., a wholly owned subsidiary of the [...]
Power Nickel Inc. is pleased to present a thorough exploration update on its discovery of the Lion Zone at its Nisk Project near Nemaska Quebec. The Company is also pleased to be publishing the drill assay database to date for the Lion Zone on the company's website. Based on assays reported to the market to date, the Lion Zone has been intercepted across a strike length of 550 meters. This mineralized zone is adjacent to [...]
Power Nickel Inc. is pleased to announce it has engaged Jon Christian Evensen as Strategic Advisor to the Company. Jon Christian "JC" Evensen will advise the board and management of Power Nickel on a variety of topics including but not limited to potential strategic transactions, capital markets, and maximizing the value of the company's assets for shareholders. Terry Lynch, CEO of Power Nickel, commented, "As the Company [...]
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