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Power Nickel Extends Lion Zone Depth: See New Mineralized Core Discoveries more stocks inside....

12-13-2024 07:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Power Nickel Extends Lion Zone Depth: See New Mineralized Core

Power Nickel Inc. (TSXV: PNPN) (OTCQB: PNPNF) surged from a low of $0.84 CAD to close at $0.96 CAD, in the final hour of trading yesterday, a move that may signal the start of potential short covering. This spike follows the company's unveiling of core pictures confirming significant new mineralized intersections at its Lion Zone project. Recent drilling results extended the mineralized unit 125 meters deeper and 75 meters west, highlighting the immense potential for resource growth and reinforcing Power Nickel's position as a rising star in Canada's polymetallic mining sector.

Image: https://www.abnewswire.com/uploads/ac7b78f9669c481b56937fd9496663eb.png

Key highlights include: Hole 93: 7 meters of mineralized geologic unit. Hole 95A: 13 meters of mineralized geologic unit.

These findings extend the depth of the Lion Zone mineralized system to 600 meters below the surface, underscoring the potential for substantial resource growth as exploration continues.

Power Nickel's advancements at the Lion Zone enhance its reputation as a major player in Canada's polymetallic mining landscape, attracting investor interest in its high-value nickel, copper, and precious metals deposits. Further exploration updates are highly anticipated as the company continues to expand the project's resource footprint. See Entire Press Release. [https://finance.yahoo.com/news/power-nickel-release-lion-zone-154400075.html]

Investors seeking high-growth opportunities should prioritize Power Nickel (TSXV: PNPN) (OTCQB: PNPNF), a rising leader in Canada's polymetallic mining sector. Its Lion Zone project has demonstrated significant resource expansion and strong momentum, making it a standout investment. Similarly, Clifton Mining (OTCBB: CFTN) is expanding its strategic landholdings in Utah's resource-rich Clifton Mining District, positioning itself for long-term value creation.

Other companies worth attention include Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK), advancing its US$73M Pitarrilla Project in Mexico; Loop Industries (Nasdaq: LOOP), a pioneer in sustainable recycling technology; IAMGOLD (NYSE: IAG) (TSX: IMG), extending the life of its Westwood Complex in Quebec; B2Gold (TSX: BTO) (NYSE: BTG), maintaining strong production amid challenges; Hecla Mining (NYSE: HL), the largest silver producer in the U.S.; and SPI Energy Co. Ltd. (NASDAQ: SPI), a key player in the renewable and alternative energy sector.

With strong fundamentals and innovative growth strategies, these companies are driving industry advancement and delivering significant opportunities. Don't miss out add these companies to your watchlist today!

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.

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