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PREMIUM RES LTD - PNRLF STOCK NEWS

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Premium Nickel Resources Ltd. (PNRLF) is a mineral exploration and development company focused on redeveloping nickel, copper, and cobalt mines in Botswana. The company believes in the growing demand for these metals due to global urbanization and the shift to electric motors. PNRLF emphasizes governance, transparency, and communication. With a skilled team and extensive experience, the company is working on various projects, including Selebi and Selkirk mines. PNRLF aims to achieve a low-carbon future through its commitment to sustainable practices.

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Premium Nickel Resources announces an upsize to its previously disclosed non-brokered private placement offering from C$15 million to C$27.5 million due to strong shareholder interest. The offering price remains at $0.78 per Unit. The initial tranche, expected to close around June 14, 2024, will generate approximately C$15 million, while the final tranche aims to close on or about June 21, 2024. This offering is subject to necessary approvals from the TSX Venture Exchange. The securities are not being offered in the U.S. due to regulatory restrictions.

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Premium Nickel Resources (TSXV: PNRL, OTCQX: PNRLF) has announced new assay results from drilling at its Selebi North underground mine in Botswana. Key highlights include 17.55 meters grading at 3.28% NiEq (2.07% Ni, 1.98% Cu, 0.11% Co) from hole SNUG-24-089 and 28.60 meters grading at 1.95% NiEq (0.84% Ni, 1.96% Cu, 0.04% Co) from hole SNUG-24-081. These results will be integrated into the forthcoming NI 43-101 compliant Mineral Resource Estimate, expected this June. A total of 35,246 meters have been drilled to date, with 92 drillholes completed and more assays forthcoming. The aim is to upgrade inferred resources to indicated resources and incorporate this data into a NI 43-101 compliant Prefeasibility Study to optimize initial mine life estimates.

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Premium Nickel Resources reports additional assay results from drilling at its Selebi North underground mine in Botswana. The company continues to intercept significant nickel, copper, and cobalt grades outside of the known historic resource. The upcoming NI 43-101 Mineral Resource Estimate is expected in June 2024, including mineralization from Selebi Main and Selebi North deposits. The focus is on expanding the resource potential at the Selebi Mine.
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Premium Nickel Resources (PNRLF) grants 312,499 deferred share units to independent directors at $0.90 per unit for services rendered. The total DSUs issued to date stand at 1,043,473. The DSUs were granted in line with the Company's Deferred Share Unit Plan, based on the volume weighted average price of the Company's common shares on the TSX Venture Exchange.
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Premium Nickel Resources (PNRLF) invites shareholders and investors to a webinar on April 3, 2024, to discuss key updates. The event will feature Chairman Jim Gowans and CEO Keith Morrison.
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Premium Nickel Resources provides an update on underground drilling at Selebi North in Botswana, with significant assay results and progress towards a maiden Mineral Resource Estimate (MRE). The company has completed over 28,000 meters of drilling, encountering massive sulphide mineralization, and is on track to publish the MRE in Q2 2024. The ongoing drill program aims to define mineralization down plunge of existing workings, supporting rapid redevelopment using existing infrastructure.
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Premium Nickel Resources Ltd. reports additional assay results from drilling at its Selebi North mine in Botswana. The company released results for five holes, showing promising mineralization. CEO Keith Morrison highlighted the success of advancing the NI 43-101 compliant Mineral Resource Estimate and new geological information obtained. The underground drilling program aims to define mineralization down plunge of existing workings. The company plans to target massive Ni-Cu-Co sulphide mineralization in the 'southern hinge' area. The current program is expected to be completed soon, allowing for surface drilling to commence.
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Premium Nickel Resources Ltd. (PNRLF) reports additional assay results from drilling at its Selebi North underground mine in Botswana. The company released results for 37 holes totaling 13,602 meters. Highlights include SNUG-23-067 with 110.75 meters of 2.56% NiEq. CEO Keith Morrison mentioned progress towards completing the first Mineral Resource Estimate this year. Ongoing drilling aims to expand the deposit.
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Premium Nickel Resources Ltd. (PNRL) announces phase two results of metallurgical testing for nickel, copper, cobalt, platinum-group elements projects in Botswana. The tests show high extraction rates of metals and PGEs, with recoveries exceeding 95%. PNRL aims to cut power usage, reduce pollution, boost metal recovery, and facilitate local beneficiation through hydrometallurgical processing options.
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Premium Nickel Resources Ltd. reports additional assay results from drilling at the Selebi North underground mine in Botswana, showcasing notable nickel, copper, and cobalt grades. The drill program aims to define mineralization down plunge for a Mineral Resource Estimation. The company continues drilling and BHEM surveys to demonstrate upside potential for a future NI 43-101 compliant MRE.
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FAQ

What is the current stock price of PREMIUM RES (PNRLF)?

The current stock price of PREMIUM RES (PNRLF) is $0.3463 as of November 27, 2024.

What is the market cap of PREMIUM RES (PNRLF)?

The market cap of PREMIUM RES (PNRLF) is approximately 63.3M.

What is Premium Nickel Resources Ltd. focused on?

PNRLF is focused on the redevelopment of nickel, copper, and cobalt mines in Botswana.

What drives the company's belief in growing demand for metals?

Global urbanization and the increasing adoption of electric motors are driving the demand for nickel, copper, and cobalt.

What are PNRLF's key priorities?

PNRLF emphasizes governance, transparency, and communication, along with sustainable practices.

What projects is Premium Nickel Resources Ltd. currently working on?

PNRLF is actively working on projects like the Selebi and Selkirk mines.

How does PNRLF contribute to a low-carbon future?

PNRLF's commitment to sustainable practices and resource development aligns with achieving a low-carbon future.

What is the focus of PNRLF's skilled team?

PNRLF's skilled team has extensive experience in resource discoveries, mine development, and engineering, contributing to the success of projects.

PREMIUM RES LTD

OTC:PNRLF

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PNRLF Stock Data

63.27M
157.98M
14.7%
13.66%
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