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Power Metallic Mines Inc - PNPNF STOCK NEWS

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POWER NICKEL INC (PNPNF) is a Canadian junior exploration company with a focus on developing the Nisk project into Canada's first Carbon Neutral Nickel mine. The flagship nickel project NISK, situated in Quebec, Canada, is strategically positioned to supply high-grade nickel to the growing North American market for lithium-ion batteries. The company continues to expand its Near Surface High-Grade Copper, Platinum, Palladium, Gold, and Silver Zone near its main Nisk Deposit, showcasing impressive assay results and promising mineral discoveries. Power Nickel is also actively engaged in offsetting its carbon footprint associated with drilling activities through partnerships with environmental organizations like Karbon-X. With a dedication to environmental stewardship and sustainability, Power Nickel is paving the way for responsible mining practices in the industry.

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Power Nickel Inc. announces high-grade multi-elements assay results for holes PN-24-048, PN-24-052, and PN-24-053, showing significant copper, platinum, palladium, gold, and silver mineralization. The company continues to expand its high-grade polymetallic Lion Zone near the Nisk Deposit, with promising drilling results and ongoing exploration plans. The winter 2024 drill program concluded successfully, supporting the continuous progress on the discovery. The company will continue drilling in the upcoming summer season to follow up on the deepest mineralized intersections to date.

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Power Nickel Inc. announces high-grade multi-elements assay results for holes PN-24-048, PN-24-052, and PN-24-053, revealing promising high-grade Copper, Platinum, Palladium, Gold, and Silver deposits. The Lion Zone discovery continues to expand near its Main Nisk Deposit, with visible high-grade core surrounded by well-mineralized edges. The company's winter 2024 drill program concluded with 15 successful holes, affirming ongoing progress in the discovery. Power Nickel plans to continue drilling in the upcoming summer season, targeting the Lion Discovery.

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Power Nickel Inc. has appointed renowned geoscientist Dr. Steve Beresford as a Special Advisor, bringing extensive expertise in Nickel-Copper-PGE deposits. Dr. Beresford's background includes key roles at major mining companies and academia. His involvement aims to enhance the exploration program and development of NISK project, potentially transforming it into a polymetallic deposit. The Company also plans a Private Placement financing to further fund exploration activities.

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Power Nickel Inc. has successfully acquired an additional 30% of the Nisk Project, bringing its ownership to 80%. The company has reported high-grade multi-elements assay results, showcasing impressive mineral discoveries. Power Nickel plans to continue exploration efforts and drilling at the Lion Discovery, with promising results and ongoing progress. The CEO expressed optimism about the project's potential and future production decisions, emphasizing the significant mineralization findings. The company's Winter 2024 drill program ended successfully, with notable intersections and positive assay results. Power Nickel remains committed to funding expenditures at Nisk until a Bankable Feasibility Study is presented, indicating a strong commitment to the project's development.
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Power Nickel Inc. announces high-grade multi-elements assay results for holes PN-24-047 and PN-24-051, showcasing significant mineralization of copper, PGMs, gold, and silver at the Lion Discovery. The Winter 2024 drill program concluded successfully, with plans to continue exploration in the upcoming summer season. The company's VP of Exploration highlights the potential for further mineralization in the surrounding area, indicating ongoing progress and success in defining high-grade mineralized zones.
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Power Nickel Inc. announces high-grade multi-elements assay results for holes PN-24-047 and PN-24-051, showcasing significant mineralization of copper, gold, silver, platinum, and palladium at the Lion Discovery site. The Company's successful Winter 2024 drill program highlights a structurally controlled high-grade mineralized pod, with ongoing exploration to define the zone's geometry and potential expansion. Independent lab assays confirm the presence of thick, high-grade mineralization, with future drilling plans to further explore the surrounding area. Power Nickel's commitment to quality assurance and sampling integrity is evident through rigorous QAQC protocols and certified lab analysis.
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Power Nickel Inc. announces assay results for hole PN-24-044, revealing high-grade copper, platinum, palladium, and gold deposits on its NISK project. The discovery hole exhibited over one oz/tonne combined platinum and palladium over 7.75 meters, showcasing significant mineralization potential. The company continues to expand its near-surface high-grade zone 5km northeast of its main Nisk deposit, with impressive assay results including 0.60 m of 24.3 g gold, 5.7 g silver, 5.29% copper, 3.26 g palladium, 0.29g platinum, and 3.31% nickel. Power Nickel's strategic exploration efforts aim to maximize shareholder value through the discovery of valuable mineral resources.
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Power Nickel Inc. plans a Private Placement for 10 million common shares at $0.20 per share, aiming for CAD $2,000,000 in gross proceeds. The Company has received TSXV approval for the Offering, expecting to close the financing next week amidst challenging market conditions.
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Power Nickel Inc. announces a significant discovery hole with over one oz/tonne combined platinum and palladium over 7.75 meters. The drill program has intersected a mineralized zone with potential extensions below and laterally, showing promising results for future mineral resource estimates. The company is awaiting assay results to confirm the findings.
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Power Nickel Inc. announces a significant discovery hole with over one ounce per ton of combined platinum and palladium over 7.75 meters. The company is focusing on defining the extent of the mineralized zone and plans to continue testing the east and west extensions. The discovery adds value to the Nisk Project, with promising results and future drilling plans.
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FAQ

What is the current stock price of Power Metallic Mines (PNPNF)?

The current stock price of Power Metallic Mines (PNPNF) is $0.97 as of March 3, 2025.

What is the market cap of Power Metallic Mines (PNPNF)?

The market cap of Power Metallic Mines (PNPNF) is approximately 156.2M.

What is the primary focus of Power Nickel Inc.?

Power Nickel is dedicated to developing the Nisk project into Canada's first Carbon Neutral Nickel mine, with a focus on supplying high-grade nickel for the North American lithium-ion battery market.

Where is the flagship nickel project NISK located?

The flagship nickel project NISK is situated in Quebec, Canada, well-placed to cater to the growing demand for high-grade nickel in the region.

What recent achievements has Power Nickel Inc. accomplished?

Power Nickel has expanded its Near Surface High-Grade Copper, Platinum, Palladium, Gold, and Silver Zone near the main Nisk Deposit, showcasing impressive assay results and promising mineral discoveries.

How is Power Nickel Inc. offsetting its carbon footprint?

Power Nickel is actively engaged in partnerships with environmental organizations like Karbon-X to offset the carbon footprint associated with its drilling activities, demonstrating a commitment to environmental stewardship and sustainability.

What sets Power Nickel Inc. apart in the mining industry?

Power Nickel's dedication to responsible mining practices, environmental excellence, and sustainable operations sets it apart in the industry, paving the way for a new standard of environmentally conscious mining.
Power Metallic Mines Inc

OTC:PNPNF

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PNPNF Stock Data

156.18M
184.18M
7.6%
2.32%
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