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 [...]
Premium Nickel Resources Ltd. announces that it has granted an aggregate of 312,499 deferred share units to its independent directors at a deemed price of $0.90 per DSU. The DSUs were granted in consideration for services rendered by the directors for the quarter ended March 31, 2024. The DSUs were granted in accordance with the Company's Deferred [...]
Premium Nickel Resources Ltd. extends an invitation to shareholders and investors to join a webinar scheduled for Wednesday, April 3rd, 2024, in Toronto at 4:30 p.m. EDT / 1:30 p.m. PDT. Chairman of the Board, Mr. Jim Gowans, joins CEO, Mr. Keith Morrison to discuss key updates and engage in a Q&A session. Details of the event are as follows [...]
"By the end of March, we will have completed the underground drilling at Selebi North that will be included in our maiden Selebi NI 43-101 Mineral Resource Estimate. The objective of the Selebi MRE, expected in June, is to provide the basis to support the rapid redevelopment of these deposits using the existing shafts and infrastructure. The [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Previous results for 37 holes were released in seven separate news releases between November 14, 2023 and February 26, 2024. Results for a further five holes are [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Previous results for 34 holes were released in 2023 on November 14, November 27 and December 19 and in 2024 on January 18, January 30 and February 13. Results for a [...]
"We are very pleased that our vision for future low carbon critical metal mines is supported by these results. PNRL will continue with the evaluation of hydrometallurgical processing options for Selebi and Selkirk, providing a superior alternative to the legacy smelting. It will cut power usage, reduce pollution, boost metal recovery and facilitate [...]
Premium Nickel Resources Ltd. is pleased to report additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Previous results for 26 holes were released in 2023 on November 14, November 27 and December 19, 2023 and in 2024 on January 18 and January 30. Results for a further [...]
"These are excellent results that add additional definition to the multiple zones that comprise the historic resource at the Selebi-North deposit. Importantly, they extend beyond the historic resource estimate, highlighting new mineralization between the N2 and N3 folds not captured in the historic resource." "Furthermore, recent borehole [...]