In this episode, Michael Fox is joined by Terry Lynch, President and CEO of Power Nickel (TSX-V: PNPN) (OTCBB: PNPNF) (FRA: IVV) to discuss the successes of 2024 the plans for future exploration. They highlighted the significant discoveries made by the company, including a polymetallic project, and the subsequent interest from high-net-worth investors. The conversation ended with a discussion on the potential of the project and the importance of being overweight in commodities, with both parties looking forward to seeing what the future has in store. Terry mentioned that they had been traveling extensively to share their story with investors, which had been crucial for their financial resources. Despite the exhaustion, Terry expressed optimism about the future, predicting that 2025 and 2026 would be their biggest years. Michael agreed, noting that their recent drill results had been impressive and that the hits kept coming.
Polymetallic Project Success and Exploration
Terry discussed the company’s recent success in discovering a polymetallic project, which has transformed the company’s story. He highlighted the rarity of such discoveries and the company’s good fortune in finding copper sulfide instead of nickel sulfide. Terry also mentioned the company’s plans to ramp up exploration in 2025, with the potential for even more success. He emphasized the importance of understanding the ore bodies and the potential challenges in mining and processing the ore. The company is optimistic about the metallurgical report expected in H2, with high recoveries anticipated due to the simplicity of the ore.
Power Nickel’s Success and Future Plans
Michael and Terry discussed the significant discoveries made by their company, Power Nickel, and the subsequent interest from high-net-worth investors. Terry mentioned that they have attracted 14 billionaires to their project and are planning to move beyond this group to institutional investors. They also discussed the potential of the project, with Terry stating that it could be a world-class mine with a million tons of contained metal. Michael and Terry agreed that the company’s stock performance has been impressive, but there is still potential for growth. They also discussed the upcoming news releases and the importance of being overweight in commodities.
About Power Nickel
Power Nickel is a Canadian exploration company focusing on developing the High-Grade Nickel Copper PGM, Gold and Silver Nisk project into Canada’s next poly metallic mine.
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 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 Colombia and Chile. Power Nickel is expected to reorganize these assets in a related public vehicle through a plan of arrangement.
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