Power Nickel shares jump on Nisk drill results

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The intersection contained 5.1 metres of 0.61 gram gold per tonne, 50.29 grams silver, 13.27% copper, 24.62 grams palladium, 6.73 grams platinum and 0.33% nickel.

In turn, that section contained 3.4 metres of 0.7 gram gold, 60.36 grams silver, 17.26% copper, 25.02 grams palladium, 3.61 grams platinum and 0.37% nickel.

“This is a special discovery. These are big intersections to be that high grade and we are seeing a pattern here,” Power Nickel CEO Terry Lynch said in a release. “This intersection is in the high-grade wheelhouse that is plus or minus 100 metres wide and seems to have a prospective mineralized halo around it of 50-70 metres.”

Power Nickel completed 15 holes at Lion as part of its winter drill program; its summer drill program will continue at Lion to follow up on these holes, which mark its deepest discovery thus far.

In April, Power Nickel completed an 80% earn-in on Nisk from Critical Elements Lithium (CRE:…

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