Terry Lynch on Power Nickel’s Critical Mineral Endeavors Boosting North American Economic and Security Interests
February 10, 2025 — In a recent interview with Tracy Hughes from Investor.News, Terry Lynch, CEO and Director of Power Nickel Inc. (TSXV: PNPN | OTCQB: PNPNF), discussed the significant progress and developments at the company, attributing their remarkable market performance to groundbreaking exploration successes. Lynch emphasized, “It’s definitely the drill bit,” highlighting the company’s discovery at the Nisk project as a pivotal factor driving their stock up by over 500% in 2024. He described the discovery as potentially “world class” and noted that the market is just beginning to grasp the scale and significance of what they have uncovered.
During the interview, Lynch shared insights into Power Nickel’s strategic initiatives, including the impending spin-out of the Golden Ivan property and Chilean assets into a new entity to be named Power Metallic. This reorganization, set to finalize in early February 2025, is designed to enhance the company’s focus on their premier Nisk project, which Lynch praised as “the gift that keeps on giving.” He elaborated on the project’s two distinct discovery zones: the nickel-dominant Nisk main and the copper sulphide dominant, PGE-rich Lion zone. Additionally, Lynch announced a significant new discovery zone, located 700 meters from the main site, with potential reserves estimated between eight to ten million tons at over 5% mineral content. This update underscores Power Nickel’s dedication to enlarging their high-grade nickel-copper PGM, Gold, and Silver deposits through intensive and targeted drilling campaigns.
Lynch also commented on the broader economic implications of political policies such as tariffs, conveying his belief that Power Nickel’s critical mineral endeavors would significantly benefit North American economic and security interests. His remarks reflect a strategic anticipation of aligning the company’s operations with continental priorities, thereby leveraging geopolitical dynamics to bolster Power Nickel’s market position.
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About Power Nickel Inc.
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 has reorganized these assets in a related public vehicle through a plan of arrangement.
To learn more about Power Nickel Inc., click here
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