Power Nickel Release Lion Zone Core Pictures Showcasing Success on Deepest Holes with significant mineralized Intersections 125 metres Down Dip
Power Nickel (PNPN, PNPNF) has announced significant drilling progress at its Lion Zone, confirming mineralization 125 meters below and 75m west of the current discovery. The latest drilling results show intersections of 7 meters (Hole 93) and 13 meters (Hole 95A) of mineralized geological unit, extending the Lion Zone's depth to 600 metres below surface.
The winter drill program continues to assess the Lion Zone's limits, with Holes 93 and 95A suggesting ongoing mineralization at depth. Hole 95A reportedly shows promising core visuals with significant thickness of mineralization, while Hole 93 represents the deepest intersection to date. The zone has consistently produced high-grade copper, gold, silver, and platinum group metals.
Power Nickel (PNPN, PNPNF) ha annunciato progressi significativi nella perforazione della sua Zona Leone, confermando mineralizzazione 125 metri sotto e 75m a ovest della scoperta attuale. Gli ultimi risultati di perforazione mostrano intersezioni di 7 metri (Buco 93) e 13 metri (Buco 95A) di unità geologica mineralizzata, estendendo la profondità della Zona Leone a 600 metri sotto la superficie.
Il programma di perforazione invernale continua a valutare i confini della Zona Leone, con i Buci 93 e 95A che suggeriscono una mineralizzazione continua in profondità. Il Buco 95A mostra visivamente un nucleo promettente con uno spessore significativo di mineralizzazione, mentre il Buco 93 rappresenta l'intersezione più profonda fino ad oggi. La zona ha costantemente prodotto rame di alta qualità, oro, argento e metalli del gruppo del platino.
Power Nickel (PNPN, PNPNF) ha anunciado un progreso significativo en la perforación de su Zona León, confirmando mineralización 125 metros por debajo y 75m al oeste del descubrimiento actual. Los últimos resultados de perforación muestran intersecciones de 7 metros (Hueco 93) y 13 metros (Hueco 95A) de unidad geológica mineralizada, extendiendo la profundidad de la Zona León a 600 metros por debajo de la superficie.
El programa de perforación invernal continúa evaluando los límites de la Zona León, siendo los Huecos 93 y 95A indicativos de una mineralización continua a profundidad. Se informa que el Hueco 95A muestra visuales de núcleo prometedor con un grosor significativo de mineralización, mientras que el Hueco 93 representa la intersección más profunda hasta la fecha. La zona ha producido consistentemente cobre, oro, plata y metales del grupo del platino de alta calidad.
파워 니켈 (PNPN, PNPNF)이 사자 구역의 드릴링 진행 상황이 크게 향상되었으며, 현재 발견된 지점에서 125미터 아래와 75m 서쪽에서 광물화가 확인되었다고 발표했습니다. 최신 드릴링 결과는 광물화된 지질 단위의 7미터(홀 93)와 13미터(홀 95A)의 교차점을 보여주며, 사자 구역의 깊이를 지표 아래 600미터로 확장하고 있습니다.
겨울 드릴 프로그램은 사자 구역의 경계를 평가하는 작업을 계속하고 있으며, 홀 93과 95A도 깊이에서 계속된 광물화를 시사하고 있습니다. 홀 95A는 상당한 두께의 광물화와 함께 유망한 코어 비주얼을 보여주며, 홀 93은 지금까지의 가장 깊은 교차점을 나타냅니다. 이 지역은 지속적으로 고품질의 구리, 금, 은 및 백금 계열 금속을 생산하고 있습니다.
Power Nickel (PNPN, PNPNF) a annoncé des progrès significatifs dans ses forages à la Zone Lion, confirmant la minéralisation 125 mètres en dessous et 75m à l'ouest de la découverte actuelle. Les derniers résultats de forage montrent des intersections de 7 mètres (Trou 93) et 13 mètres (Trou 95A) d'une unité géologique minéralisée, portant la profondeur de la Zone Lion à 600 mètres sous la surface.
Le programme de forage d'hiver continue d'évaluer les limites de la Zone Lion, les Trous 93 et 95A suggérant une minéralisation continue en profondeur. Le Trou 95A montre apparemment des visuels de cœur prometteurs avec une épaisseur significative de minéralisation, tandis que le Trou 93 représente l'intersection la plus profonde à ce jour. La zone a constamment produit du cuivre, de l'or, de l'argent et des métaux du groupe platine de haute qualité.
Power Nickel (PNPN, PNPNF) hat bedeutende Fortschritte bei den Bohrungen in seiner Löwenzone angekündigt und bestätigt eine Mineralisierung 125 Meter unterhalb und 75m westlich der aktuellen Entdeckung. Die neuesten Bohrergebnisse zeigen Schnittstellen von 7 Metern (Bohrloch 93) und 13 Metern (Bohrloch 95A) einer mineralisierten geologischen Einheit, wodurch die Tiefe der Löwenzone auf 600 Meter unter der Oberfläche erweitert wird.
Das Winterbohrprogramm prüft weiterhin die Grenzen der Löwenzone, wobei die Löcher 93 und 95A auf eine fortdauernde Mineralisierung in der Tiefe hinweisen. Das Bohrloch 95A zeigt vielversprechende Kernvisualisierungen mit erheblichem Mineralisierungsdicke, während Bohrloch 93 die tiefste Schnittstelle bis heute darstellt. Die Zone hat konstant hochwertigen Kupfer, Gold, Silber und Platinmetalle erzeugt.
- Extension of mineralization confirmed 125m below and 75m west of current Lion Zone
- Significant intersections of 7m and 13m in new drill holes
- Zone remains open at depth, suggesting further expansion potential
- Consistent high-grade mineralization of copper, gold, silver, and platinum group metals
- Assay results still pending for latest drill holes
- Actual grades and economic viability of new intersections not yet confirmed
In Figure 2 below we produce some selected Core Pictures.
Terry Lynch, CEO of the Company, commented, "As we continue our winter drill program at the Lion Zone, the focus has remained on assessing the limits of the Lion Zone along strike and down dip. While assays are pending, Holes 93 and 95A suggest we have not yet found the limits of the Lion Zone mineralization at depth. Combined with hole 80 which tested the Lion Zone continuity along strike to the west, we are excited with the initial progress of this winter program and the pending assays as Power Nickel looks towards 2025.
We will be hosting a webinar on Thursday. https://6ix.com/event/power-nickel-year-in-review-and-latest-developments-at-nisk.
Of note in Hole 93 and 95A are the core visuals which have informed the exploration team in 2024 to further guide the drilling program even while assays are pending.
This is not the first time we have seen core like this from drilling the Lion zone."
As shown in Figure 3, the Lion Zone has been producing a continuous stream of excellent intersections and grades building a substantial mineralized area of extremely high-grade copper, gold, silver, and platinum group metals.
"The core intersection from hole 95A is certainly representing the best of the Lion Zone as we know it now; a wide intersection representing a significant thickness of mineralization and it was where we expected it to be, in the heart of the plunge. Hole 93 is our deepest intersection to date, suggesting that the core zone remains open at depth... All key pieces in the process of growing Lion Zone!" – commented Ken Williamson, VP of Exploration.
Copper Equivalent Calculation
CuEq Rec represents CuEq calculated based on the following metal prices (USD) : 2,360.15 $/oz Au, 27.98 $/oz Ag, 1,215.00 $/oz Pd, 1000.00 $/oz Pt, 4.00 $/lb Cu, 10.00 $/lb Ni and 22.50 $/lb Co., and a recovery grade of
About Power Nickel Inc.
Power Nickel is a Canadian exploration company focusing on developing the High-Grade Nickel Copper PGM, Gold and Silver Nisk project into
On February 1, 2021, Power Nickel (then called Chilean Metals) completed the acquisition of its option to acquire up to
The NISK property comprises a large land position (20 kilometres of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding the high-grade nickel-copper PGM, Gold and Silver mineralization with a series of drill programs designed to evaluate the initial Nisk discovery zone, the Lion discovery zone and to explore the land package for adjacent potential poly metallic deposits.
In addition to the Nisk project, Power Nickel owns significant land packages in British
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry.
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SOURCE Power Nickel Inc.
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