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Power Nickel Inc ( (TSE:PNPN) ) has issued an update.
Power Nickel Inc. has announced the commencement of its 2025 winter drilling campaign on the Nisk project, following successful drilling results in 2024 that discovered high-grade copper and precious metals. The company is expanding its exploration efforts, targeting new areas within the ultramafic unit that hosts the Nisk and Lion deposits. A significant new discovery, located 700 meters east of the Lion Zone, suggests the potential for further resource expansion, indicating a promising outlook for increased mineral resources and strengthening Power Nickel’s position in the mining sector.
More about Power Nickel Inc
Power Nickel Inc. operates in the mining industry, focusing on the exploration and development of nickel, copper, and precious metals. The company is engaged in mineral exploration projects, seeking to expand its resource base and enhance its market positioning within the nickel and copper sectors.
YTD Price Performance: 3.74%
Average Trading Volume: 403,526
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$218.5M
See more data about PNPN stock on TipRanks’ Stock Analysis page.
