Power Nickel Inc (TSX-V:PNPN) said its fall drilling campaign at the Nisk project in Quebec has yielded promising high-grade nickel sulfide findings.
The company unveiled the results of its fall drilling endeavor at Nisk, which is located near Nemaska, Quebec.
Six holes were part of the campaign, and four of these holes successfully impacted the resource at Nisk, according to Power Nickel.
Two holes indicated enticing high-grade zones, with one returning 12.77 meters at 0.62% Ni, 0.63% Cu, 0.04% Co, 0.78 g/t Pd, and 0.22 g/t Pt. Another hole revealed 7.77 meters at 0.71% Ni, 0.12% Cu, 0.04% Co, 0.42 g/t Pd, and 0.03 g/t Pt.
"The fall campaign was another successful drilling program for Power Nickel,” CEO Terry Lynch told shareholders.
“We will add these holes to our database, allowing us to expand our mineral resource estimate footprint.”
Lynch added that the firm had successfully deployed Ambient Noise Technology (ANT), which provided “significant insight” into how Power Nickel can use it to further expand the resource at Nisk.
Power Nickel is a Canadian junior exploration company dedicated to developing the high-grade Nisk project into Canada's first carbon neutral nickel mine.