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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-24-047 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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Power Nickel Inc. announces a significant discovery in their drill program, with over 1 Oz/Tonne combined Platinum and Palladium found over 7.75 meters. The new mineralized zone is highly promising, indicating potential for further high-grade PGM exploration. Follow-up drilling will explore the lateral and depth extensions of this discovery, with the aim of confirming and expanding the high-grade PGM zone.
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Power Nickel Inc. (PNPNF) has filed a technical report for the NISK Nickel Sulphide project in Quebec, showing a mineral resource estimate for open pit and underground mining. The report presents indicated and inferred mineral resources, along with detailed notes and sensitivity analysis. The CEO expressed optimism for the company's potential in 2024, with ongoing drilling and exploration efforts. The Amended Technical Report updates the previous report to address regulatory requirements and includes results from recent drill programs.
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Power Nickel Inc. has commenced its 2024 winter Drill Program at the Nisk Nickel Sulfide project in Nemaska Quebec. The program aims to test new target zones, extend the known resource at Nisk Main, and follow up on the successful PGM hit at the Wildcat Target. The company plans to finish drilling hole PN-23-042B on Nisk Main and then start testing the ANT Target number 3. A second rig will be added in February to follow up on the successful PGM hit at the Wildcat Target, which is 5.5 Kilometres from Nisk Main.
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Power Nickel Inc. (PNPN) announced the addition of a second drilling rig to expand exploration programs at Nisk. The company completed a private placement for 4,360,000 flow-through units, raising CAD $2,180,000. The 2024 plans include a feasibility study at Nisk, spinning out copper and gold assets, completing sales of royalty and stake, and defending against predatory short sellers.
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Power Nickel Inc. (PNPN) files official complaint about position imbalances and potential naked short selling, affecting TSXV performance. CEO Terry Lynch urges regulators to take action to prevent further destruction of Canadian capital markets.
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FAQ
What is the current stock price of POWER NICKEL (PNPNF)?
The current stock price of POWER NICKEL (PNPNF) is $1.02 as of January 30, 2025.
What is the market cap of POWER NICKEL (PNPNF)?
The market cap of POWER NICKEL (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 NICKEL INC
OTC:PNPNF
PNPNF Rankings
PNPNF Stock Data
156.18M
181.32M
7.6%
2.32%
Other Industrial Metals & Mining
Basic Materials
United States of America
Toronto