In Excess of 5.4 Million Indicated Tonnes Grading 1.05 % NiEq and 1.8 Million Inferred Tonnes Grading 1.35 % NiEq

Power Nickel Releases Initial NI 43-101 Resource on Nisk Project

Sponsored
Message: Power Nickel: The Importance Of Nickel In Electric Vehicle Batteries
Nickel is a critical component of the battery technology that powers electric vehicles (EVs), making it an essential metal for the growth of the EV industry. As the demand for cleaner, more sustainable transportation continues to rise, so does the need for nickel, which is a key material used in the production of lithium-ion batteries.

This is why Power Nickel plays such an imortant role in the evolution of Electric Vehicle Batteries. They are on the verge of proving up a potentially commercial tonnage Nickel depsoit at their NISK project, with the potential for additional discoveries, putting them in a position to develop Canada's next low-carbon high-grade Nickel mine.

One of the main reasons why nickel is so important in EV batteries is its high energy density. This means that it can store a large amount of energy in a relatively small volume, making it an ideal material for use in batteries. As a result, EV batteries that use nickel can be smaller and lighter, which helps to improve the overall efficiency and range of the vehicle. In addition to its high energy density, nickel also has excellent conductivity properties, which is important for the efficient transfer of electricity in the battery.

This makes Nickel an essential component for the proper functioning of the battery cells and the overall performance of electric vehicles.

Another important aspect of nickel in EV batteries is its ability to withstand high temperatures. Batteries can generate a lot of heat during charging and discharging, and nickel has a high melting point, making it resistant to thermal degradation. This means that EV batteries that use nickel can last longer and maintain their performance over time.

Overall, the importance of nickel in EV batteries cannot be overstated. It plays a crucial role in the performance, efficiency, and durability of these batteries, and its use will likely continue to grow as the demand for EVs increases.

This places Power Nickel (PNPN) at the forefront of companies that require investor attention and due dilligence in order to capitalize on the demand for electric vehicles; and the important Nickel components required to fuel this evolution. They believe they have Canada's next high-grade low-carbon Nickel mine. The NISK project is a high-grade nickel sulphide deposit located in the world-class mining jurisdiction of Quebec, Canada beside a major highway and Hydro-Quebec substation.

From a purely exploration standpoint, Power Nickel announced one of the best Nickel holes in recent history from their 2nd round of drilling, with 40.3m @ 0.88% Ni, 0.56% Cu, 0.06% Co, 1.64 ppm Pd and 0.15 ppm Pt (PN-22-009). These results support managements belief that an initial 8 to 10 Million ton deposit for their updated 43-101 in June is possible.

This would place NISK in commercial tonnage status, immediately putting Power Nickel in the spotlight of Mid and Major Tier mining companies. The company also believes that 20 to 50 Million tons is possible within the next 2 years through expansion and further discovery of similar Nickel pods believed to be on the property.

With access to abundant low-carbon hydropower, shallow mineral depth and established infrastructure nearby, the NISK deposit is positioned to be one of the most low-cost and environmentally-friendly sources of high-grade nickel in the world. Possibly making Power Nickel a household name in the process.

 

Share
New Message
Please login to post a reply