Power Nickel Reports Promising Drill Results, Expands Exploration Plans

Power Nickel has reported promising results from its recent drilling campaign at the Lion Zone of its Nisk property in Quebec, with significant intersections of copper, gold, and silver that bolster geological confidence. The latest assays indicate high-grade mineralization, including intersections of 4.29% copper equivalent over 20.05 meters, supporting the continuity and potential expansion of the mineral resource. As part of their 2025 drilling program, Power Nickel plans to increase drilling capacity with additional rigs, aiming to expedite results and further delineate the mineralized area. CEO Terry Lynch expressed optimism about the Lion Zone's potential, highlighting the ongoing commitment to completing the remaining 15,000 meters of drilling by April 2025. Analysts have responded positively, raising the target price for Power Nickel shares, reflecting increased confidence in the company's prospects. The company anticipates releasing further results and clarity on its plans in the coming weeks.