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Prospector News Podcast – Duncan Roy: “Power Nickel is Focused on the Success of the Nisk Project”

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Prospector News Podcast – Duncan Roy: “Power Nickel is Focused on the Success of the Nisk Project”

 

 

 

 

 

Prospector News Publisher Michael Fox sits down with Power Nickel’s VP Investor Relations to discuss the 2023 highlights of their Nisk Project in Northern Quebec. We discuss the AI technology provided by Fleet Space Tech and how its speeding up the discovery project and expanding the mineral resource. Going forward the company is looking at producing a 43-101 Resource leading towards a Pre-Feasibility study in early 2024.

 

About Power Nickel Inc.

 

Power Nickel is a Canadian junior exploration company focusing on high-potential copper, gold and battery metal prospects in Canada and Chile. On February 1, 2021 Power Nickel (then called Chilean Metals) completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corp. (CRE:TSXV) The NISK property comprises a large land position (20 kilometers of strike length) with numerous high-grade intercepts.

 

Power Nickel, formerly Chilean Metals is focused on confirming and expanding its current high-grade nickel-copper PGE mineralization historical resource by preparing a new Mineral Resource Estimate in accordance with NI 43-101, identifying additional high-grade mineralization, and developing a process to potentially produce nickel sulphates responsibly for batteries to be used in the electric vehicles industry.

 

Power Nickel (then called Chilean Metals) announced on June 8th, 2021 that an agreement has been made to complete the 100% acquisition of its Golden Ivan project in the heart of the Golden Triangle. The Golden Triangle has reported mineral resources (past production and current resources) in total of 67 million ounces of gold, 569 million ounces of silver and 27 billion pounds of copper. This property hosts two known mineral showings (gold ore and magee), and a portion of the past-producing Silverado mine, which was reportedly exploited between 1921 and 1939. These mineral showings are described to be Polymetallic veins that contain quantities of silver, lead, zinc, plus/minus gold, and plus/minus copper.

 

Power Nickel is 100-per-cent owner of five properties comprising over 50,000 acres strategically located in the prolific iron-oxide-copper-gold belt of northern Chile. It also owns a 3-per-cent NSR royalty interest on any future production from the Copaquire copper-molybdenum deposit, recently sold to a subsidiary of Teck resources Inc. Under the terms of the sale agreement, Teck has the right to acquire one-third of the 3-per-cent NSR for $3 million at any time. The Copaquire property borders Teck’s producing Quebrada Blanca copper mine in Chile’s first region.

 

Power Nickel 

Posted December 14, 2023

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