A recent drilling program conducted by Power Nickel Inc. has resulted in the expansion of the Lion Zone mineralization by over 90%. The significant multi-element assay results were announced following the completion of the 2024 winter drill program. The assay results include high-grade values for various elements such as gold, silver, copper, palladium, platinum, and nickel.
The CEO of Power Nickel Inc., Terry Lynch, expressed satisfaction with the productive winter drilling program, noting the positive mineralization results from holes 50 and 60. The company’s understanding of the Lion Zone’s orientation and high-grade distribution has improved, with a core of 100-150 meters in diameter surrounded by mineralized stringers. The Zone’s size has increased by over 90% from initial estimations, indicating a promising discovery.
The continuing summer drilling program aims to further explore the Lion Zone’s depth and lateral continuity. The company anticipates reporting assay results from the summer program in late September, contributing to the ongoing growth and understanding of the mineralized zone.
Drilling operations were conducted under the supervision of GeoVector Management Inc., with samples analyzed at Activation Laboratories Ltd. The company’s QAQC program includes regular insertion of CRM standards, duplicates, and blanks to ensure accurate results.
Power Nickel Inc. is focused on developing the Nisk project into Canada’s first Carbon Neutral Nickel mine. The company owns significant land packages in British Columbia and Chile, with plans for reorganizing assets through a related vehicle. For more information on Power Nickel Inc., interested parties can contact the company directly.
