10:29 AM EDT, 06/10/2024 (MT Newswires) -- Power Nickel ( PNPNF ) said on Monday that it began the 2024 summer drill program with 20 holes targeted and more than 8,000 meters of drilling.

The company is continuing to ramp up exploration for additional mineralized zones of high-grade copper, platinum, palladium, gold, silver, and nickel at the polymetallic Lion Zone on its Nisk Property in Nemaska, Quebec.

The first few holes are designed to test the area below PN-24-051, PN-24-059, and PN-24-062; the three deepest intersections to date, the company said.

The company's shares fell 4.7% on last look on Monday in Canada.

Price: 0.63, Change: -0.01, Percent Change: -1.56