Major Copper Discovery | Terry Lynch, Power Nickel $PNPN.v

#Copper #mining #commodity #stockmarket
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In this interview Terry Lynch, CEO of Power Nickel Inc. (OTCBB: PNPNF) (TSXV: PNPN) (Frankfurt: IVV), discusses the company's recent major copper-rich drill hole discovery. He explains that while looking for nickel mineralization, they unexpectedly hit 14 meters of 8% copper, along with significant platinum and palladium grades, which is considered an exceptional discovery. Lynch expresses surprise at the outstanding results and notes that the visual inspection did not reveal just how high-grade the mineralization would be. He mentions receiving positive feedback from prominent mining investors who believe this could be 'the next big thing.' Lynch highlights the rarity of finding so many high-value metals together in one deposit. He provides details on the mineralized shoot's dimensions and the potential for multiple shoots along the structure. With copper prices elevated, Lynch sees this as an opportune time for the discovery and expects Power Nickel's valuation to increase substantially as they continue exploring and delineating the remarkable mineralized system through an aggressive drill program planned for later in 2024.

Power Nickel is a Canadian junior exploration company focusing on developing the high-grade Nisk project into Canada's first Carbon Neutral Nickel mine.
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. The Company is in the process of reorganizing these assets in a related vehicle, through a Plan of Arrangement that will be presented to Power Nickel shareholders of record for their approval.

Full Disclosure:
Power Nickel Inc. is a client of Canacom Group, the
parent company of The Deep Dive. Canacom Group
is currently long the equity of Power Nickel Inc. The
author has been compensated to cover Power Nickel
Inc. on The Deep Dive, with The Deep Dive having full
editorial control. Not a recommendation to buy or sell.
We may buy or sell securities in the company at any
time. Always do additional research and consult a
professional before purchasing a security.
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00:00 Introduction
01:05 Major Copper Discovery
02:57 Investor & Industry Reaction
04:50 The Mineralized Zone Details
07:40 Next Steps - Aggressive Drill Program
11:09 Closing Thoughts