“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]
Growing Demand for Nickel-Containing Lithium-Ion Batteries
Driving Growth
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 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
Investment Portfolio
In addition to the exploration and development of our NISK high-grade nickel project, Power Nickel also owns significant assets that will be monetized at the right time to provide maximum value for shareholders and cashflow to the company in the near future.
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