"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 [...]
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 [...]
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 [...]
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 [...]
"These assays are the last underground drill holes to be included in the first Selebi National Instrument 43-101 compliant Mineral Resource Estimate . The MRE will incorporate drilling data from both Selebi North and Selebi Main and is expected in the coming weeks. The delay is predominantly due to the lag time in receiving the assays from drill [...]
Premium Nickel Resources Ltd. is pleased to announce the appointment of Mr. Norman MacDonald as a director of the Company, effective immediately. Norman MacDonald has over 25 years of experience working at natural resource focused institutional investment firms, including over 10 years as a Senior Portfolio Manager at Invesco. He recently served as [...]
"This financing will provide the capital needed for continuing the underground infill drilling at Selebi North, and the surface in-fill and exploration drilling at Selebi Main and in the Hinge Zone. The Selebi MRE is on track to be released in the coming weeks. Additionally, we anticipate publishing a maiden mineral resource estimate, prepared in [...]
Premium Nickel Resources Ltd. is pleased to announce that, further to its news releases dated June 5, 2024 and June 10, 2024, it has closed the first tranche of a non-brokered private placement offering, pursuant to which the Company issued an aggregate 19,234,614 units of the Company at a price of C$0.78 per Unit for aggregate gross proceeds of [...]
Aggregate $27.5 Million Non-Brokered Equity Financing After Upsize Premium Nickel Resources Ltd. is pleased to announce that the Company is upsizing its previously-announced non-brokered private placement offering of units of the Company at a price of $0.78 per Unit from approximately C$15 million to aggregate gross proceeds of up to approximately [...]
Not for distribution to United States newswire services or for dissemination in the United States Premium Nickel Resources Ltd. is pleased to announce a fully-committed non-brokered private placement offering of 19,230,770 units of the Company at a price of C$0.78 per Unit for aggregate gross proceeds of approximately C$15 million . Each Unit will [...]
"The assays from the down plunge extension of the Selebi North historic resource continue to confirm the interpretation of up-side potential of the high-grade Ni-Cu-Co polymetallic nature of this deposit. These assays will be included in the first Selebi National Instrument 43-101 compliant Mineral Resource Estimate, that will combine drilling from [...]
6.70 METRES OF 3.74 % NiEq ) "Drilling continues to intercept mineralization outside of the known historic resource. Assays reported herein for holes SNUG-24-077 and 086a are outside of the historic resource in the down plunge direction. We continue to see significant nickel, copper and cobalt grades within and down plunge of the historic [...]
