In this InvestorIntel interview during PDAC 2023, Byron W King talks to Power Nickel Inc.’s (TSXV: PNPN | OTCQB: PNPNF) CEO and Director Terry Lynch about an update on Power Nickel’s Nisk Project near James Bay, Québec with an updated resource targeted for July 2023. With mineralization for multiple battery metals including nickel, copper, cobalt, palladium, and platinum, Terry explains why the Nisk Project could be a low-carbon, environmentally friendly source of Class One nickel that is used in lithium-ion batteries.
With stainless steel currently being the primary demand driver for nickel, Terry goes on to discuss the growing nickel demand from the electric vehicles sector could be 50% of nickel demand by 2030. He adds, “Future is coming to nickel… just like lithium has taken off, nickel is going to take off.”
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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. (TSXV: CRE)
The NISK property comprises a large land position (20 kilometers of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding its current high-grade nickel-copper PGE mineralization Ni 43-101 resource 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.
To learn more about Power Nickel Inc., click here
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This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.
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