Located in Quebec (Canada), our flagship NISK project is a high-grade nickel sulphide deposit positioned to be one of the greenest sources of class-1 nickel in the world. With access to abundant low-carbon hydropower and easy road access, NISK is well setup to supply the battery metals market with sustainably mined, environmentally-friendly high-grade nickel.
“I’d just like to re-emphasise, any mining companies out there, please mine more nickel... Tesla will give you a giant contract for a long period of time, if you mine nickel efficiently and in an environmentally sensitive way.” [1]
Power Nickel is poised to supply high-grade nickel to the growing electric vehicle market
Our NISK high-grade nickel project is well-placed to supply class-1 nickel to the growing market for lithium-ion batteries. With mineralizations for Nickel, Copper, Cobalt, Palladium and Platinum, NISK is being developed to meet the demand for multiple battery metals.
NISK Mineral Resource Estimate
Measured 1,255,000 tonnes 1.09% Ni, 0.56% Cu, 0.07% Co, 1.11g/t Pd and 0.20g/t Pt
Indicated 783,000 tonnes 1.00% Ni, 0.53% Cu, 0.06% Co, 0.91g/t Pd and 0.29g/t Pt
Inferred 1,053,000 tonnes 0.81% Ni, 0.32% Cu, 0.06% Co, 1.06g/t Pd and 0.50g/t Pt
Exploration Drilling will soon be underway to continue adding to and proving historical resources
The key assumptions, parameters and methods used to prepare the mineral resource estimates described above are set out in the technical report: Resource Estimate for the NISK-1 Deposit, Lac Levac Property, Nemiscau, Québec. Dated "December 2009" - Historical Resource
3% Copaquire Royalty
Copaquire is a Copper Moly deposit held by Teck Resources. Located in Chile, Copaquire adjoins Teck's nearly-depleted Quebrada Blanca copper mine and is expected to be brought into production in the near future. Upon production, this 3% royalty will provide Power Nickel subsidiary Consolidation Gold and Copper with recurring cashflow.
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