Power Nickel Advances Exploration at Nisk Project with Winter Drill Campaign and Geophysical Surveys

Описание: Power Nickel Inc CEO Terry Lynch joined Steve Darling from Proactive to share the results from three drill holes from the fall campaign at the Nisk Project, aimed at testing the depth and western extensions of the Lion Zone.
Drill hole PN-24-079 targeted the interpreted plunge of the Lion Zone below Hole PN-24-078, successfully intersecting the main high-grade zone. Hole PN-24-080, drilled approximately 75 meters west of PN-24-079, intersected the mineralized horizon above the plunge but returned sporadic metal values. Drill hole PN-24-081, testing approximately 100 meters below PN-24-080, intersected the top edge of the main Lion Zone and yielded 4.85 meters grading 1.85% CuEq¹.
Looking ahead, Lynch highlighted that the 2025 exploration program is now underway. Technical crews are currently processing the remaining December drill core, preparing winter drill roads and pads, and upgrading core logging and sampling facilities to accommodate multiple drills. Drilling has already commenced, with the first rig active at the initial 2025 site. By early February, a second drill will be operational, with a third rig joining by mid-February, significantly increasing the capacity to deliver faster results and expedite resource building.
In addition to drilling, interpretations of the 2024 electromagnetic (EM) ground and borehole surveys are expected to identify multiple conductive targets. These findings will guide exploration efforts, extending the Lion Zone and identifying additional mineralized zones along several kilometers of strike. The geophysical targets are set to provide ample exploration opportunities to keep the expanded drill fleet engaged throughout the winter campaign.

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