Power Nickel (TSXV: PNPN) (OTCQB: PNPNF) Surge Highlights the Untapped Potential of Undervalued Mining Stocks in the Sector CNC.V, SASK.V, AMY.V, IAG, CFTN

Keep an eye on these notable key undervalued players as the mining sector's future is reshaping itself, more information herein.

Power Nickel Inc. (TSXV: PNPN) (OTCQB: PNPNF) (Frankfurt: IVV) saw its stock jump 22.41% on Friday, with trading volume of 1.5x the 60-day average in Canada. This surge followed an update on its Nisk Property exploration in Nemaska, Quebec, where the 2024 summer drill program at the Lion Zone has intersected poly-metallic mineralization. The company also launched a broader exploration effort, targeting new sub-surface areas across the 5.5 km strike length between Nisk Main and the Lion Zone. CEO Terry Lynch expressed confidence in accelerating exploration success. See more: http://powernickel.com/corporate_presentation.pdf [https://c212.net/c/link/?t=0&l=en&o=4231820-1&h=167599253&u=http%3A%2F%2Fpowernickel.com%2Fcorporate_presentation.pdf&a=http%3A%2F%2Fpowernickel.com%2Fcorporate_presentation.pdf]

Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) has reported strong assay results from its 2024 exploration program at the Reid property near Timmins, Ontario, highlighted by the best interval to date-661 metres grading 0.29% nickel, including 100 metres at 0.42% and 40 metres at 0.51%. All eight holes targeting the Reid Central Core intersected over 620 metres with average grades of 0.21% to 0.29% nickel. With a geophysical footprint larger than its flagship Crawford project and promising assay results, Canada Nickel anticipates releasing the initial resource estimate for Reid in Q4 2024.

ATHA Energy Corp. (TSX.V: SASK) (FRA: X5U) (OTCQB: SASKF) has reported successful expansion of uranium mineralization at its 100%-owned Angilak Project in Nunavut, with the first six drill holes of the 2024 exploration program intersecting significant mineralization outside the historic Lac 50 Deposit footprint. These initial results, covering 2,817.6 meters, demonstrated a 100% hit rate across the Main Zone, Eastern Extension, and J4 & Ray Zones, confirming the potential for further expansion. The ongoing 10,000-meter diamond drilling program aims to further extend the high-grade uranium mineralization, with Phase II geophysical and geochemical surveys set to begin in August to identify additional high-priority targets.

RecycLiCo Battery Materials Inc. (TSX.V: AMY) (OTCQB: AMYZF) (FSE: ID4) has engaged Hatch Ltd to consult on the construction of its Stage 2 battery recycling plant in Taiwan, operated by its joint venture with Zenith Chemical. Hatch will review the plant design by Kemetco, leading to a formal construction agreement, with building expected to start later this year. The modular facility, initially with a 2,000 mt/year capacity, will process black mass into high-value products like battery-grade lithium chemicals, positioning RecycLiCo at the forefront of sustainable battery recycling technology.

IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) is a mid-tier gold mining company with operations in North America, South America, and West Africa. The company's portfolio includes the Essakane mine in Burkina Faso, the Rosebel mine in Suriname, and the Cote Gold project in Canada. IAMGOLD focuses on responsible mining practices and aims to achieve long-term growth through the development of its existing assets and exploration of new opportunities. The company also emphasizes sustainability, with initiatives in environmental stewardship and community engagement.

Clifton Mining Company (OTC: CFTN) owns extensive mining claims in the Gold Hill/Clifton Mining District in Utah, covering approximately 14,027 acres. These include 82 patented claims and 402 unpatented lode claims, with 66 unpatented lode claims and 10 patented claims leased to Desert Hawk Gold Corp. The company focuses on property management through leasing and joint ventures, intending to extract minerals like gold and silver. However, specific estimated reserves for these properties have not been publicly detailed in available documents.

Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TheStreetReports (TSR) is responsible for the production and distribution of this content."TSR" is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. "TSR" authors, contributors, or its agents, may be compensated for preparing research, video graphics, podcasts and editorial content. "TSR" has not been compensated to produce content related to "Any Companies" appearing herein. As part of that content, readers, subscribers, and everyone viewing this content are expected to read the full disclaimer in our website.

Media Contact
Company Name: The Street Reports
Contact Person: Editor
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=power-nickel-tsxv-pnpn-otcqb-pnpnf-surge-highlights-the-untapped-potential-of-undervalued-mining-stocks-in-the-sector-cncv-saskv-amyv-iag-cftn]
Country: United States
Website: http://www.thestreetreports.com



This release was published on openPR.