In this InvestorIntel interview, Tracy Weslosky interviews Power Nickel Inc.’s (TSXV: PNPN | OTCQB: CMETF) CEO Terry Lynch about their recently over-subscribed private placement and secures an update on the Nisk Project drill program. The Nisk Project, which is located in James Bay, Quebec, is a high grade nickel sulfide project – and to access the most recent drill results click here.
In this conversation Terry is asked about general market conditions in the resource sector and how it may be impacting the nickel sector. Reinforcing the importance of nickel and how it is classified as a critical mineral for the USA and Canada, he explains that nickel is used in the stainless steel sector and in lithium-ion batteries for electric vehicles. As a North American source of nickel with low carbon footprint, Terry discusses how Power Nickel is poised to benefit from high nickel demand.
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About Power Nickel Inc.
Power Nickel is a Canadian junior exploration company focusing on high-potential copper, gold, and battery metal prospects in Canada and Chile.
On February 1, 2021, Power Nickel (then called Chilean Metals) completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corp. (CRE: TSXV)
The NISK property comprises a large land position (20 kilometers of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding its current high-grade nickel-copper PGE mineralization Ni 43-101 resource with a series of drill programs designed to test the initial Nisk discovery zone and to explore the land package for adjacent potential Nickel deposits.
To learn more about Power Nickel Inc., click here
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