Power Nickel Reports Exceptional Assay Results from Lion Discovery Drill Program
TL;DR
Power Nickel Inc's assay results for hole PN-24-044 show impressive mineralization potential, offering a competitive advantage for investors.
The ongoing drill program at the Lion Discovery site has systematically probed the mineralized zone, yielding exceptional results and extending to a minimum depth of 300 meters.
Power Nickel's exploration efforts at the Lion Discovery site have the potential to create value and opportunities in the dynamic world of mineral exploration, making tomorrow better than today.
PN-24-044 revealed an impressive intersection, boasting 0.60 meters of 24.3 grams of gold, 5.7 grams of silver, 5.29% copper, 3.26 grams of palladium, 0.29 grams of platinum, and 3.31% nickel.
Found this article helpful?
Share it with your network and spread the knowledge!
Power Nickel Inc has reported highly positive initial assay results from hole PN-24-044 as part of its ongoing drill program at the Lion Discovery site, with 15 out of 16 holes yielding promising mineralization findings. The standout intersection from PN-24-044 measured 0.60 meters containing 24.3 grams of gold, 5.7 grams of silver, 5.29% copper, 3.26 grams of palladium, 0.29 grams of platinum, and 3.31% nickel, demonstrating the rich multi-mineral potential of the area.
The systematic drill program utilizing standard fan drilling design has successfully mapped a mineralized envelope extending to a minimum depth of 300 meters below surface and spanning at least 225 meters laterally. According to geological interpretation, the mineralization remains open in all directions, suggesting potential for further expansion of the resource. The mineralized zone is positioned at the contact with ultramafic rock and displays a sigmoidal geometry, with a high-grade shoot identified plunging steeply to the north-northeast direction.
CEO Terry Lynch emphasized the significance of these results during the company's announcement, noting that the consistent positive findings across multiple holes reinforce confidence in the Lion Discovery's resource potential. The ongoing analysis of data from the drill program continues, with additional assay results expected to provide further insights into the extent and richness of mineralization. The company maintains its commitment to thorough exploration and systematic evaluation of the site's mineral resources.
The exceptional results from the current drilling campaign build upon previous exploration work and demonstrate the continuity of mineralization throughout the targeted area. The combination of precious metals including gold, silver, palladium, and platinum along with base metals copper and nickel creates a diversified mineral portfolio within the discovery zone. As Power Nickel continues to advance its exploration efforts, these findings position the Lion Discovery as a potentially significant mineral resource with implications for future development planning and resource estimation.
Curated from News Direct
