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Power Nickel announces first assay results from fall drilling at Lion Zone
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) has announced the results from the first two holes of its fall drilling campaign at the Lion Zone at its polymetallic Nisk project in Quebec. One hole showed promising results, including 29.40 meters with 0.53 g/t gold, 11.95 g/t silver, 1.15% copper, 1.08 g/t palladium, 0.36 g/t platinum, and 0.06% nickel.
EV Startups on a Rough Road: Lion Electric Becomes the Latest Casualty
LEV files for bankruptcy protection after months of financial turmoil, including failed attempts to secure additional funding and defaults on debt repayments.
Lion Electric looks to creditor protection after defaulting on debt
Electric bus and truck maker Lion Electric has said it expects to seek creditor protection after defaulting on debt. Protection under the Companies' Creditors Arrangement Act would be sought in order to allow a restructuring of the business and formal sales process, Lion Electric said Tuesday.
Power Nickel drilling extends Lion Zone mineralization to new depths
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) reported drilling results confirming the extension of mineralization at the Lion Zone, located within its Nisk project. The company announced that recent drill holes intercepted mineralized units 125 meters below and 75 meters west of the previously identified area, pushing the depth of the zone down to 600 meters below surface.
Lion Electric shares surge on debt extensions, temporary workforce reduction
Lion Electric shares surged on Monday after the Quebec-based electric school bus manufacturer announced that it has extended debt deadlines with its lenders and has temporarily laid off more than half of its workforce. The company's stock had added 135% at C$0.60 mid-morning on the update.
Power Nickel completes Hole 80 at Nisk Project's Lion Zone
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) has successfully completed Hole 80 at its Nisk Project near Nemaska, Quebec, stepping out 150 meters west along the strike of the Lion Zone. This step-out is part of the company's efforts to expand the zone, which currently has a confirmed strike length of 550 meters.
Power Nickel shares higher on expansion of polymetallic Lion Zone in Quebec
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) shares moved higher during Monday's session after the company unveiled additional positive results from its summer drilling program at the polymetallic Lion Zone, situated 5.5 kilometers away from the Nisk Main Zone at the Nisk project in Quebec. The results demonstrated continued successful westward expansion with high-grade copper equivalent intersections, including 19.6 meters at 3.82% copper equivalent (CuEq).
Power Nickel sees continued exploration success at polymetallic Lion Zone
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) has unveiled another set of promising assay results from its summer drilling program at the polymetallic Lion Zone at its Nisk project in Quebec. Highlights from the results included 19.60 meters with 3.82% copper equivalent (CuEq) of 1.27 grams per ton (g/t) gold, 20.30 g/t silver, 2.53% copper, 1.01 g/t palladium, 2.42 g/t platinum and 0.15% nickel from Hole 72.
Lion Trust: The market is overreacting to Meta's Q3, but Microsoft is a very different story
Storm Uru, fund manager at Lion Trust AM, discusses Meta and Microsoft's latest earnings, and why his firm has been trimming some tech holdings, as it's important to make that move into strength.
Power Nickel reports largest intersection to date at Lion Zone
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) reported its largest intersection to date at the Lion Zone on its Nisk project in Quebec. Assay results from two holes at the Lion Zone revealed strong mineralization highlighted by 39.6 meters of mineralization including 0.38 g/t gold, 19.57 g/t silver, 2.62% copper, 3.37 g/t palladium, 0.80 g/t platinum, and 0.13% nickel.
Power Nickel advances Lion Zone exploration with encouraging results
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) has announced the second set of assay results from three more drill holes from its summer 2024 drilling campaign at the polymetallic Lion Zone, part of its Nisk project in Quebec. Notably, one hole returned 32 meters with 6.97% copper equivalent, including 0.45 grams per ton (g/t) gold, 20.93 g/t silver, 3.62% copper, 8.10 g/t palladium, 2.47 g/t platinum and 0.18% nickel.
Power Nickel details promising assay results from summer 2024 drilling campaign
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) reported new assay results from the first five holes of its summer 2024 drilling campaign at the Lion Zone polymetallic discovery, expanding the project's potential. The company previously announced that the exploration program had increased the size of the Lion Zone by 50%, with the latest assays focused on an area referred to as the "Halo" zone, located outside the main mineralized section.
