Power Nickel expands Lion Zone by 50% in summer drilling

Power Nickel Inc. has made notable advancements in its summer drilling program at the Lion Zone, as reported on September 10, 2024. The company successfully drilled 12 holes, with 10 of them intercepting sulphide mineralization, indicating a promising discovery. This drilling effort has expanded the Lion Zone's vertical footprint by an additional 150 meters, showcasing the potential for further mineralization at depth. The systematic approach to drilling, utilizing a 50 to 75 meter square grid, aims to enhance the understanding of the internal distribution of high-grade polymetallic mineralization. Three specific areas have been tested, revealing thicker and more massive mineralization at the west boundary, which could lead to significant resource expansion. As assays from several promising holes are currently being analyzed, the company expects to report results by late September. This data will be crucial for planning an aggressive winter exploration program, with hopes of discovering additional zones similar to the Lion Zone and extending the known mineralization beneath it. Power Nickel's ongoing efforts reflect its commitment to developing the Nisk project into a world-class polymetallic discovery, with the potential to become Canada's first carbon-neutral nickel mine. The company is optimistic about the future, as it prepares for the next phase of exploration following the traditional month-long break.