Power Nickel Inc. is pleased to report that it has commenced its fall drilling program with the drilling of the deep target hole PN-23-036, identified as #1 in Figure 1. Figure 1: 2023 Fall Drilling Program, Nisk Main Zone Longitudinal Section. Proposed hole number also refers to the anticipated drilling sequence. The hole is testing at depth an [...]
Power Nickel Inc. Power Nickel is pleased to enter into an agreement with CVMR Corporation, one of the world's leaders in Nickel Powder, Wire and Anode production and a key supplier to the Battery, Defence and Aerospace industry. CVMR will coordinate the production of advanced bench scale, piloting and engineering studies on the Nisk Nickel Sulfide [...]
Power Nickel Inc. is pleased to announce a proposed private placement of up to 4,500,000 flow-through shares of the Company, for $0.50 per FT Share, for aggregate gross proceeds of up to CAD 2,250,000. Each FT Share will be composed of one common share of the Company that qualifies as a "flow-through share" for purposes of the Income Tax Act . All [...]
Power Nickel Inc. is pleased to announce it has exercised its option to acquire 50% of the Nisk project . Nisk is a High-Grade Nickel PGM Project near Nemaska, Quebec. In addition, the Company has notified our partner Critical Elements Lithium Corp. that it intends to exercise its second option to acquire an additional 30% interest to bring [...]
Power Nickel Inc. is pleased to announce it has completed its review of the Company's assets and has formalized the following plan to optimize its non-core assets while maintaining its focus on the exploration and development of Nisk, the Company's High Grade Nickel PGM Project near Nemaska, Quebec. Step 1 - The Company will transfer the beneficial [...]
Highlights 0.60% Ni, 0.39% Cu, 0.50 g/t Pd, and 0.11 g/t Pt over 31.86m in PN-23-035, including 1.18 % Ni, 0.8 % Cu, 1.14 g/t Pd, and 0.28 g/t Pt over 8.82m 0.71% Ni, 0.37% Cu, and 0.85 g/t Pd over 10.05m in PN-23-033, including 1.25 % Ni, 0.36 % Cu, 1.41 g/t Pd, and 0.12 g/t Pt over 2.95m 0.49% Ni, 0.13% Cu, and 0.46 g/t Pd over 8.08m in [...]
Highlights 1.01% Ni, 0.27% Cu, 0.07% Co, 0.88 g/t Palladium, 0.13 g/t Platinum, 0.03 g/t Gold over 14.4m in Hole PN-23-028, including 1.69% Ni, 0.37% Cu, 0.12% Co, 1.59 g/t Palladium, 0.22 g/t Platinum, 0.04 g/t Gold over 7.8m Power Nickel Inc. is pleased to announce the latest results from drill holes PN-23-025, 027 and 028. These three holes [...]
1 Oz/Tonne Combined Platinum and Palladium over 7.75 Metres New Discovery 1.47% Cu, 13.1 g/t Ag, 0.28 g/t Au, 5.71 g/t Palladium, 20.76 g/t Platinum over 7.75m in Hole PN-23-031A, including 3.90% Cu, 25 g/t Ag, 0.52g/t Au, 19.97g/t Palladium, 90.60g/t Platinum over 1.75m. Power Nickel Inc. is pleased to announce the discovery of a new high-grade [...]
Power Nickel Inc. is pleased to announce it has closed the final tranche of the private placement previously announced on March 13, 2023 for 1,032,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $516,000. The Company has received conditional TSX Venture Exchange approval for the Private Placement [...]
Power Nickel Inc. is pleased to announce it has closed the second tranche of the private placement previously announced on March 13, 2023 for 5,170,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $2,585,000. The Company has received conditional TSX Venture Exchange approval for the Private [...]
Power Nickel Inc. is pleased to announce it has closed the 1st tranche of the private placement previously announced on March 13, 2023 for 3,418,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $1,709,000. The Company has received conditional TSX Venture Exchange approval for the Private Placement [...]
