TORONTO, Jan. 17,
2025 /CNW/ - Power Nickel Inc. (the "Company" or
"Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is
pleased to announce the appointment of Industry veteran
Joe Campbell, BSc, P. Geo as Vice
President of Exploration.
Ken Williamson has decided to
return to geology consulting after successfully designing the
maiden Lion zone drill program and shepherding the discovery
forward in 2024. Power Nickel thanks Ken for his service and wishes
him the very best in the future.
Mr Campbell has over 40 years of experience in major projects
ranging from Chief Geologist (both open pit and underground) to
Project Manager roles (Meliadine Gold, now operated by AEM). He is
past President, Executive Chairman, and COO of Gold Terra
(previously TerraX). He has had multiple senior roles in project
management, resource/reserve estimation and economic assessment at
the pre-feasibility, feasibility, and mine development and
operations levels. He has extensive advanced exploration experience
in mesothermal and epithermal Au, VMS, porphyry Cu-Au-Mo, and Ni
sulphide and laterite deposits. Joe also has a wealth of experience
in environmental review for stakeholders in mining
projects.
"We are very pleased to have been able to add Joe to the Power
Nickel team. We are ramping up exploration even more in 2025 and we
know Joe can help us scale our exploration efforts in an efficient
and effective way. Joe worked with and ultimately was a leader of
Western Mining's Canadian division for project acquisition,
management, and development. While not working directly with Power
Nickel Director and senior technical advisor Steve Beresford, their Western Mining careers
did overlap and the Western Mining approach to exploration and data
management has been followed at Power Nickel. This was one of the
attractions for Doctor Beresford when he moved from technical
advisor to Board Member" commented Terry Lynch Power Nickel CEO
"When I joined Power Nickel I felt I could help immediately as I
knew with the Western Mining approach that I had been trained under
we knew what they had and what they needed. Adding Joe to the team
will accelerate our exploration reach and success", commented Power
Nickel Director and Polymetallic Guru Doctor Steve Beresford.
About Power Nickel Inc. Power Nickel is a Canadian
exploration company focusing on developing the High-Grade Nickel
Copper PGM, Gold and Silver Nisk project into Canada's next poly metallic mine. On
February 1, 2021, Power Nickel (then
called Chilean Metals) completed the acquisition of its option to
acquire up to 80% of the Nisk project from Critical Elements
Lithium Corp. (CRE: TSXV). The NISK property comprises a large land
position (20 kilometres of strike length) with numerous high-grade
intercepts. Power Nickel is focused on expanding the high-grade
nickel-copper PGM, Gold and Silver mineralization with a series of
drill programs designed to evaluate the initial Nisk discovery
zone, the Lion discovery zone and to explore the land package for
adjacent potential poly metallic deposits. In addition to the Nisk
project, Power Nickel owns significant land packages in British
Colombia and Chile. Power Nickel is expected to reorganize
these assets in a related public vehicle through a plan of
arrangement.
For further information on Power Nickel Inc., please contact:
Duncan Roy, VP Investor Relations,
416-580-3862, duncan@powernickel.com. For further information,
readers are encouraged to contact: Power Nickel Inc., The Canadian
Venture Building, 82 Richmond St East, Suite 202, Toronto, ON.
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release. Cautionary Note Regarding Forward-Looking
Statements This message contains certain statements that may be
deemed "forward-looking statements" concerning the Company within
the meaning of applicable securities laws. Forward-looking
statements are statements that are not historical facts and are
generally, but not always, identified by the words "expects,"
"plans," "anticipates," "believes," "intends," "estimates,"
"projects," "potential," "indicates," "opportunity," "possible" and
similar expressions, or that events or conditions "will," "would,"
"may," "could" or "should" occur. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance, are subject to risks and uncertainties, and
actual results or realities may differ materially from those in the
forward-looking statements. Such material risks and uncertainties
include, but are not limited to, among others; the timing for
various drilling plans; the ability to raise sufficient capital to
fund its obligations under its property agreements going forward
and conduct drilling and exploration; to maintain its mineral
tenures and concessions in good standing; to explore and develop
its projects; changes in economic conditions or financial markets;
the inherent hazards associates with mineral exploration and mining
operations; future prices of nickel and other metals; changes in
general economic conditions; accuracy of mineral resource and
reserve estimates; the potential for new discoveries; the ability
of the Company to obtain the necessary permits and consents
required to explore, drill and develop the projects and if
accepted, to obtain such licenses and approvals in a timely fashion
relative to the Company's plans and business objectives for the
applicable project; the general ability of the Company to monetize
its mineral resources; and changes in environmental and other laws
or regulations that could have an impact on the Company's
operations, compliance with environmental laws and regulations,
dependence on key management personnel and general competition in
the mining industry.
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SOURCE Power Nickel Inc.