Power Nickel (TSXV: PNPN, OTCBB: PNPNF, Frankfurt: IVV) is positioning itself to become a leader in the nickel and copper market through its promising Nisk project in Quebec. The world is shifting toward renewable energy technologies and electric vehicles, Power Nickel’s recent exploration successes at Nisk place the company at the forefront of junior mining investment­ opportunities. We have seen a big pull back in nickel this past year, but luckily Power Nickel is far more than its name suggests. The Nisk project, particularly the Lion Zone, is the beginnings of a polymetallic discovery that is boasting fantastic copper grades. These types of deposits are rare, and can be exceptionally profitable.

I really want to use the term ‘groundbreaking’ as it is a play on words, and that can sound too promotional, but it really isn’t, as this is shaping up to be a significant asset and developing company. This is a tricky industry to talk about because terms get thrown around too casually like world class. The latest news from the Nisk project of Power Nickel tells us about how the Lion Zone has roared, and so it has.

• Hole 72 delivers 19.60 meters with 3.82% CuEq

• 19.60 m of 1.27 g/t Au, 20.30 g/t Ag, 2.53 % Cu, 1.01 g/t Pd, 2.42 g/t Pt and 0.15% Ni

These are exceptional results from the latest two holes, but also from the entire summer. You would think the stock would be on an absolute tear. It should, but not yet. The great thing about a market not recognizing excellent results, management and efforts is that there is intrinsic stored up value. This value will be realized eventually if the team continues to deliver. There are few times that a CEO can legitimately refer to a simmer drill season as epic.

“The summer of 2024 will be remembered as an epic one regarding ongoing discovery of the Lion Zone….” Terry Lynch, CEO of Power Nickel.

Terry Lynch explains that the expansion to the west has continued and is truly delivering. If you remember Power Nickel reported 32 metres of almost 7% CuEq with almost 40 metres of 4.19% CuEq, Hole 72 illustrates the continued success of the team. We must keep in mind that the drill plan that just ended focused on 50m spacing fanning out in a more compact way. The current 30,000 meter drill plan is stepping out to 150m. The hope is that the team can add bulk.

These are exceptional results under any metric and there is news flow coming.

Power Nickel is considered a high-grade polymetallic system. Ken Williamson, Power Nickel’s VP of Exploration, says the new data supports a significant volume of semi-massive to massive sulfide mineralization in the Lion Zone. A polymetallic system can indeed feature semi-massive to massive sulphide mineralization. In fact, many polymetallic deposits are often associated with this type of mineralization, especially in volcanogenic massive sulphide (VMS) deposits, magmatic nickel-copper sulphide systems, and certain skarn and epithermal deposits. These polymetallic systems can be exceptionally profitable, and though we are still early as an exploration play it needs to be said that again that there are 11 billionaires in this early-stage venture. Many of these investors are in the mining space. There is no doubt they will be pleased by this new release and the work done this summer. It is fantastic to note that the Summer drill season has ended but the 30,000 Fall/Winter drill season is underway and ongoing.

“We are impressed with what we have discovered so far, given the impressive grades and polymetallic nature of the deposit. We are ramping up our exploration efforts using different proven geophysical and geochemical techniques and we are actively processing the data. This will accelerate the expansion and discovery process, thus enabling us to step out away from the current zone with a much higher level of confidence,” commented Ken Williamson, Vice-President Exploration.

Whether you are looking at the US Geological Survey (USGS) – Provides comprehensive mineral resource reports, including deposit types and grade benchmarks, the Geological Survey of Canada (GSC) – Publishes reports on mineral resources in Canada, including copper deposits or the Society of Economic Geologists (SEG)Some consensus regarding grade are:

Porphyry Copper Deposits (common for large-scale, open-pit mining) High Grade: 0.5% to 1.0% copper (Cu) is considered high for porphyry deposits.

Exceptional: 1.0% Cu and above. This is considered very high for large-scale porphyry projects, as porphyries tend to be lower grade but vast in size.

Sediment-Hosted Copper Deposits:

High Grade: 1.5% to 3.0% Cu is typical for these deposits.

Exceptional: 3.0% Cu or higher.

VMS (Volcanogenic Massive Sulfide) Deposits

High Grade: 1.0% to 5.0% Cu.

Exceptional: Greater than 5.0% Cu.

High-Grade Copper Projects:

Some high-grade deposits in certain regions or unique formations can reach copper grades of 10% or more, but these are rare and often exist in smaller, underground mining operations.

For More Info Checkout the Power Nickel Website: https://powernickel.com/