Terry Lynch on Power Nickel’s Ambitious 2024 Drilling Program at the Nisk Project in Nemaska

In a recent interview on Investor.Coffee with host Tracy Weslosky, Terry Lynch, CEO of Power Nickel Inc. (TSXV: PNPN | OTCQB: PNPNF), shared insights into the company’s ambitious 2024 drilling program at the Nisk Project in Nemaska, Quebec. Terry highlighted the use of Ambient Noise Tomography (ANT) in generating actionable data for identifying potential resource-rich nickel targets. This innovative method has led to the identification of four distinct areas with ANT signatures similar to the Nisk Main target, bolstering the company’s potential to discover additional nickel sulfide deposits. Nisk, which stands out for its high-grade nickel-copper sulphide deposit, is enriched with multiple critical minerals including Nickel, Copper, Cobalt, Palladium, and Platinum. Power Nickel is making strides to increase its ownership stake in the Nisk project, with a goal to elevate its stake from 50% to 80% through their option plan. This significant move was facilitated by the recent delivery of the NI 43-101 report, marking a pivotal development in the project’s advancement. Terry also discussed Power Nickel’s collaboration with CVMR in conducting a feasibility study on the Nisk Project. This partnership aims to achieve significantly higher metal recoveries, potentially up to 90%, surpassing the typical industry benchmark of 70%. CVMR’s unique approach also turns iron, usually deemed as waste, into a valuable iron powder product, thereby improving the project’s economic viability.