Power Nickel’s Terry Lynch Highlights 50% Expansion of Lion Zone at Nisk Project, a High-Grade Nickel-Copper-PGE Discovery in Quebec

September 20, 2024 — In a recent interview with InvestorNews host Tracy Hughes, Terry Lynch, CEO of Power Nickel Inc. (TSXV: PNPN | OTCQB: PNPNF), provided a comprehensive update on the company’s ongoing activities, including the significant progress made during their 2024 summer drilling program. Lynch highlighted the expansion of the Lion Zone at the Nisk project, a high-grade nickel-copper-PGE discovery in Quebec, by 50%. “We reported last week at Beavercreek that we expanded the Lion Zone by 50%,” Lynch stated, emphasizing that 11 out of 13 holes drilled this summer have hit, with many displaying remarkable results. This follows a successful winter drilling program where 16 holes were drilled, 15 of which hit, with more than half producing what Lynch described as “spectacular” results. Lynch noted that these efforts have set the stage for their upcoming 30,000-meter winter drill program.

Lynch also discussed Power Nickel’s strategic partnerships and broader industry appeal, particularly highlighting their collaboration with CVMR Corporation, the largest private nickel refiner in the world. He explained that CVMR is known for producing nickel powders, which are in high demand in sectors such as EV batteries and 3D printing. “We’re really happy with CVMR,” Lynch remarked, adding that the market for nickel powders is growing at an annual rate of 26%. Power Nickel plans to release a feasibility study in the coming weeks related to this partnership.

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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 learn more about Power Nickel Inc., click here

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