Power Nickel's Lion Zone: Deep Holes Yield Impressive Mineralized Intersections

Power Nickel Inc. (TSXV: PNPN) has released captivating core pictures showcasing the success of its deepest holes at the Lion Zone, with significant mineralized intersections found 125 meters down dip. These results further validate the potential of the Lion Zone and its high-grade polymetallic mineralization, which includes copper, platinum, palladium, gold, and silver.

The Lion Zone, located 5km northeast of Power Nickel's main Nisk deposit, has demonstrated remarkable grades and widths in its deepest holes. Hole PN-24-055, for instance, returned 15.40 meters of 0.44 g/t Au, 22.04 g/t Ag, 5.06% Cu, 13.12 g/t Pd, 3.35 g/t Pt, and 0.015% Ni, including a high-grade section of 5.05 meters grading 0.61 g/t Au, 50.29 g/t Ag, 13.27% Cu, 24.62 g/t Pd, 6.73 g/t Pt, and 0.33% Ni. These impressive results compare favorably to shallower holes, indicating the potential for significant resources at depth.



The Lion Zone's mineralized core has expanded significantly, with deep intersections suggesting a robust and massive core of 100-150 meters in diameter, surrounded by mineralized stringers extending up to 50 meters on each side. This represents a 90% increase from the initial approximation of the Lion Zone's dimensions. The thickness of the massive chalcopyrite zone ranges from up to 5-10 m true width in the core, decreasing to less than one meter laterally. The new results suggest an inverse relation between thickness and strain intensity, with the possibility of the zone regaining thickness on the other side of a potential fault.



Power Nickel's Lion Zone continues to impress with its latest drill results, showcasing significant mineralized intersections at depth. Hole PN-24-055 returned 15.40 meters of 0.44 g/t Au, 22.04 g/t Ag, 5.06% Cu, 13.12 g/t Pd, 3.35 g/t Pt, and 0.015% Ni, including a high-grade section of 5.05 meters grading 0.61 g/t Au, 50.29 g/t Ag, 13.27% Cu, 24.62 g/t Pd, 6.73 g/t Pt, and 0.33% Ni. This intersection is particularly notable for its depth, occurring 125 meters down dip. The company's winter 2024 drill program ended with 15 successful holes at the Lion Discovery, expanding the known mineralized zone by over 90%. With these impressive results, Power Nickel is well-positioned to continue growing its Lion Zone discovery and potentially unlock significant value for investors.

In conclusion, Power Nickel's Lion Zone continues to demonstrate remarkable potential, with deep holes yielding significant mineralized intersections. As the company expands its exploration program, investors can expect further developments and potential value creation from this high-grade polymetallic discovery.