In a compelling interview at PDAC 2024, Tracy Weslosky of InvestorNews caught up with Terry Lynch, CEO of Power Nickel Inc. (TSXV: PNPN | OTCQB: PNPNF), to discuss the company’s progress and the promising outlook of their operations. Power Nickel, a Canadian junior exploration company, is on a dedicated mission to develop the High-Grade Nisk project into Canada’s first Carbon Neutral Nickel mine. The company, which has successfully exercised options to increase its ownership in the Nisk project up to 80%, is looking forward as  the next commitment is the delivery of a NI-43-101 Technical report.

Lynch emphasized the technical aspects of the company’s recent strides, highlighting a major nickel sulfide discovery at the NISK site, with an initial NI-43-101 report showing 7.2 million tons. He detailed the exploration plans for 2024, noting that drilling has already yielded promising hits. Lynch expressed strong confidence in the exploration prospects, predicting significant growth potential for the project. He drew comparisons with other notable locations, stating, “We think Lynn Lake with 22 million tons and Voisey’s Bay with 140 million tons are indicators that we will be somewhere between there and who knows how big this thing can be.”

He also explained why Quebec is a prime location for exploring critical minerals, citing three major reasons: the pre-existing infrastructure, the province’s positive relationship with the First Nations, particularly the James Bay Cree, and the attractive fiscal incentives that effectively double the investment capital for exploration and development.

The interview further explored the nuances of the nickel market, where Lynch gave insights into the recent fluctuations and the differentiation between markets within the industry. He remarked on the resilience of nickel demand, despite challenges such as the pandemic and its impact on China’s real estate market. Lynch pointed out the importance of North American Class 1 nickel and the strategic advantage Power Nickel holds, supported by recent investments like Samsung’s in Canada Nickel, which underscore the market’s demand for such resources.

The conversation then shifted to the public’s perception and understanding of Power Nickel. Lynch expressed a wish for greater awareness of the company’s value, emphasizing its position as “the least expensive high-grade nickel sulfide exploration play in the world” and outlined the significant advantages of their potential mining operations in terms of cost and returns. As for the future, Lynch assured that Power Nickel will maintain its commitment to transparency, with upcoming updates on drilling, assays, and a feasibility study that promises to increase nickel recovery rates significantly and add value through the production of iron powder, a by-product of their unique refining process.

The recent news release on March 4, 2024, aligns with Lynch’s discussion, announcing a new discovery within the Nisk project that enriches its prospects. Power Nickel reported further drilling successes, notably intersecting a high-grade PGM (Platinum Group Metals) rich zone, potentially adding significant value to the project. This discovery came from hole PN-24-047, which followed up on the notable Wildcat high-grade PGM intersection and is set to be the basis for a more comprehensive understanding of the mineralization’s extent. Kenneth Williamson, Power Nickel’s VP of Exploration, reflected on this progress with optimism in this news release, stating, “We are even more encouraged to extend what appears to be a very high-grade PGM rich zone laterally from the initial discovery.”

Lynch’s interview and the news release both highlight Power Nickel’s proactive approach to exploration, and the technical advancements the company is making. With the expansion of the historical high-grade nickel-copper PGE mineralization at Nisk, Power Nickel is steadily positioning itself to become a key player in the nickel industry, as it works towards expanding the known high-grade zones and uncovering new potential deposits within its significant land holdings.

To access the complete interview, click here

Don’t miss other InvestorNews interviews. Subscribe to the InvestorNews YouTube channel by clicking here

About Power Nickel Inc.

Power Nickel is a Canadian junior exploration company focusing on developing the High-Grade Nisk project into Canada’s first Carbon Neutral Nickel mine.

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). Subsequently, Power Nickel has exercised its option to acquire 50% of the Nisk Project and delivered notice to Critical Elements that it intends to exercise its second option to bring its ownership to 80%. The last remaining commitment to exercise the option was the delivery of a NI-43-101 Technical report which has now occurred. Power Nickel expects to complete the acquisition in February.

The NISK property comprises a significant land position (20 kilometers of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding the historical high-grade nickel-copper PGE mineralization 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.

In addition to the Nisk project, Power Nickel owns significant land packages in British Colombia and Chile. Power Nickel is expected to reorganize these assets in a related vehicle through a plan of arrangement.

Power Nickel announced on June 8, 2021, that an agreement had been made to complete the 100% acquisition of its Golden Ivan project in the heart of the Golden Triangle. The Golden Triangle has reported mineral resources (past production and current resources) in 130 million ounces of gold, 800 million ounces of silver, and 40 billion pounds of copper (Resource World). This property hosts two known mineral showings (gold ore and Magee) and a portion of the past-producing Silverado mine, reportedly exploited between 1921 and 1939. These mineral showings are Polymetallic veins containing quantities of silver, lead, zinc, plus/minus gold, and plus/minus copper.

Power Nickel is also 100 percent owner of five properties comprising over 50,000 acres strategically located in the prolific iron-oxide-copper-gold belt of northern Chile. It also owns a 3-per-cent NSR royalty interest on any future production from the Copaquire copper-molybdenum deposit sold to a subsidiary of Teck Resources Inc. Under the terms of the sale agreement, Teck has the right to acquire one-third of the 3-per-cent NSR for $3 million at any time. The Copaquire property borders Teck’s producing Quebrada Blanca copper mine in Chile’s first region.

To learn more about Power Nickel Inc., click here

Disclaimer: Power Nickel Inc. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

Fathom Nickel Inc.‘s (CSE: FNI | OTCQB: FNICF) September 2023 drilling program at Gochager Lake has marked a groundbreaking advancement in the field of high-grade nickel mineralization. CEO Ian Fraser, reflecting on the success, said, “We’re wiser as to exactly the orientation of this high-grade mineralization.” This exploration campaign has successfully unearthed steeply oriented chutes of semi-massive sulphide mineralization within extensive halos of disseminated mineralization. A particularly striking discovery in drillhole GL23008 was a massive sulphide vein, yielding an impressive 3.25% nickel over a span of 0.64 meters.

A pivotal role in this exploration feat was played by borehole electromagnetic surveys (BHEM), which Fraser aptly described as “the mine finder, the giant metal detector.” These surveys were crucial in identifying off-hole conductors, with drillhole GL23009 revealing 81 meters of consistent mineralization, including zones with elevated nickel content. This demonstrates BHEM’s precision in guiding the drilling process towards more significant discoveries.

The nickel tenor at Gochager Lake, estimated at approximately 3.5%, shows promising comparisons with the renowned Sudbury Nickel Camp. This metric is critical in understanding the metallurgical characteristics of the mineralization, a factor vital for efficient extraction and garnering interest from major companies.

Looking forward, Fathom Nickel Inc. is poised to continue its trailblazing exploration efforts with a winter 2024 drill program, planning to drill between 3,000 to 5,000 meters at Gochager Lake. This ambitious program aims to further delineate the expansive mineralized halos and investigate zones of more conductive, higher-grade mineralization. “We are excited… this is all very, very positive developments,” Fraser remarked, indicating the company’s optimistic outlook and commitment to further exploration and potential discoveries at Gochager Lake.

In the innovative realm of nickel exploration, Fathom Nickel Inc. stands out, especially with its achievements at the Gochager Lake Project. The September 2023 drilling campaign was a resounding success, revealing significant mineral deposits and indicating the presence of high-grade nickel deep beneath the surface.

The utilization of BHEM has been instrumental in this exploration success, marking a new era in the detection and exploration of substantial mineralization. The comparison of the nickel tenor of Gochager Lake mineralization with the Sudbury Nickel Camp further underscores the promising potential of this site.

With the momentum gained from the 2023 campaign, Fathom Nickel Inc. is enthusiastically preparing for its winter 2024 drill program. Despite facing fluctuating market responses, the company remains steadfast in its vision and confident about the project’s potential. Understanding the true scale and structure of the mineralization is an ongoing journey, promisingly unfolding with each drilling campaign.

Fathom Nickel Inc. maintains rigorous QA/QC protocols in collaboration with TerraLogic Exploration Inc., ensuring the highest standards in sample collection and analysis. As the company looks forward to becoming a leader in nickel exploration, it continues to support the growing global electric vehicle market with its discoveries.

Fathom Nickel is dedicated to targeting magmatic nickel sulphide discoveries, with flagship projects like the Albert Lake Project and the Gochager Lake Project in Saskatchewan, positioning the company at the forefront of discovering high-quality nickel deposits crucial for the electric vehicle industry.

Disclaimer: The historic reserves at Gochager Lake are not NI43-101 compliant and require further verification. The information provided in this update is based on a news release dated November 21, 2023, and an interview with Ian Fraser, CEO of Fathom Nickel Inc.

Fathom Nickel Inc. (CSE: FNI | OTCQB: FNICF), targeting magmatic nickel sulphide discoveries pivotal for the growing global electric vehicle market, has furnished an exploration update for its 100% owned Albert Lake Project.

Recent geophysical activities saw the conclusion of a time domain electromagnetic (TDEM) survey within the Tremblay-Olson Claims Area, unveiling a robust multi-element-in-soil anomaly. Notable TDEM highlights include a strong conductor around 1,000 meters south-southwest of the historic Rottenstone Mine, indicating a conductive body spanning approximately 450m x 150m located about 300 meters below the surface. This conductor is associated with significant geochemical and gravitational anomalies, hinting at the presence of high-density rocks beneath.

Drawing upon a previous interview with InvestorIntel’s Tracy Weslosky, Ian Fraser, the CEO and VP Exploration, commented on the ongoing exploration. “Our strategic efforts at Albert Lake continue to reveal crucial drill target areas, notably the newly identified TDEM conductor. This aligns with both the surface geochemistry and previous gravity surveys,” said Fraser. He further emphasized the company’s vision, grounded in the belief of the Albert Lake and Gochager Lake projects evolving into significant nickel camps.

With plans underway for the Gochager Lake drill program post the impressive results from February 2023, Fathom is gearing up for a detailed announcement set for the week of August 21. Drilling is expected to kickstart by the week of August 28.

Saskatchewan remains an exploration hotspot, consistently ranked among the top global jurisdictions. The region remains largely untapped for nickel, copper, and PGEs, presenting Fathom with immense exploration potential. The company’s methodology, combining surface geochemistry, TDEM surveys, and other techniques, has successfully identified structural traps, as evidenced by the Bay-Island Trend discovery.

While no additional drilling is slated for Albert Lake in 2023, the company is gearing up for its winter drill program in Q1-2024.

Fathom Nickel Inc., with its two promising exploration projects in Saskatchewan’s Trans Hudson Corridor, continues to underscore the potential of nickel in bolstering the electric vehicle market. The company’s determination in leveraging Saskatchewan’s unexplored reserves, coupled with its innovative exploration approach, underscores its vision for a sustainable future driven by electric vehicles.

In this InvestorIntel interview with host Tracy Weslosky, Fjordland Exploration Inc.’s (TSXV: FEX) President, CEO and Director James Tuer talks about the continuing hot nickel market and provides an update on Fjordland’s portfolio of nickel projects in Canada.

In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), James Tuer talks about their world-class South Voisey’s Bay Nickel Project, which has Robert Friedland’s Ivanhoe Electric Inc. as a joint venture partner with a $5 million exploration commitment. James says that Fjordland is targeting high-grade nickel sulfide projects in some of the best land positions in Canada. Exploring in areas of known occurrences and established operating mines, James provides an update on the upcoming drill programs at Fjordland’s South Voisey’s Bay Nickel Project and the past-producing Renzy nickel-copper mine.

Don’t miss other InvestorIntel interviews. Subscribe to the InvestorIntel YouTube channel by clicking here.

About Fjordland Exploration Inc.

Fjordland Exploration Inc. is a mineral exploration company that is focused on the discovery of large-scale economic metal deposits in Canada.

In collaboration with Ivanhoe Electric Inc. and Commander Resources Ltd., Fjordland is exploring the SVB “Pants Lake Intrusive” target which is in a geologic setting analogous to the nearby nickel-cobalt-copper Voisey’s Bay deposit. Fjordland has earned a 75% interest in the project.

Fjordland, as operator, has an agreement to acquire 100% of the Renzy nickel-project located near Maniwaki, Quebec. The project encompasses the former Renzy Mine where, during the period from 1969 to 1972, 716,000 short tons were mined with average grades of 0.70% nickel and 0.72% copper. Fjordland has staked additional claims to increase the size of the project to 530 sq. km.

As well, Fjordland has 2 copper-gold properties in the Quesnel Trough of central British Columbia, The West Milligan copper-gold project is a joint venture with Northwest Copper Corp. located within 4 km of Centerra’s Mount Milligan copper-gold mine. The 103 sq. km. Witch copper-gold project is located another 35 km west of the Milligan mine.

To know more about Fjordland Exploration Inc., click here

Disclaimer: Fjordland Exploration Inc. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at [email protected].