In this episode of the Prospector Podcast, Michael Fox is joined by Terry Lynch President and CEO of Power Nickel (TSX-V: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV), which is advancing the Nisk polymetallic discovery in Nemaska, Quebec. Terry explained that the company initially focused on nickel sulfide but discovered the Lion Zone, a significant find with high copper, platinum, palladium, and gold content. The Lion Zone has seen consistent success with 15 hits last winter and 13 this summer, with the latest hole showing 32 meters of almost 7% copper equivalent.
Exploring New Mineralized Area Potential
Terry and Michael discussed the potential of a new mineralized area, which they believe could be even bigger than their initial nickel play. Dr. Steve Beresford, a polymetallic scientist, was brought in to assess the area and he suggested that it could be connected to the Nisk Main zone, potentially forming a large strike length. He also mentioned the possibility of a giant nickel sulfide body underlying the area. Terry mentioned that they are planning a 30,000 meter fully funded program starting October 15th, which they believe could lead to a world-class discovery. Dr. Beresford compared the area to Norelsk, the world’s most valuable mine, and Sakati, another significant project in Finland.
Project Potential and Drilling Plans Discussed
Terry discussed the potential of their project, stating that they have only scratched the surface of what it could be. He mentioned that they will be stepping out more aggressively in the next round of drilling to bridge the gap between the two mineralized zones. Terry also highlighted the surprising productivity of the halo zone and the potential for the project to be much bigger than initially thought. He mentioned that they will resume drilling on October 15th and will continue to press westward on Lion. Michael expressed excitement about the project’s potential and encouraged others to follow the story.
About Power Nickel Inc.
Power Nickel is a Canadian junior exploration company focusing on developing the high-grade Nisk project into Canada’s first Carbon Neutral Nickel mine. The NISK property comprises a significant land position (20 kilometers of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding the historical high-grade nickel-copper PGE mineralization with a series of drill programs designed to test the initial Nisk discovery zone and to explore the land package for adjacent potential Nickel deposits. In addition to the Nisk project, Power Nickel owns significant land packages in British Colombia and Chile. The Company is in the process of reorganizing these assets in a related vehicle, through a Plan of Arrangement that will be presented to Power Nickel shareholders of record for their approval.
To obtain Power Nickel’s Corporate Presentation
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