Power Nickel is poised to supply high-grade nickel to the growing electric vehicle market
Our flagship nickel project NISK, located in Quebec, Canada, is well-placed to supply high-grade nickel to the growing North American 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 Historical Resources
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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