12:07 PM EDT, 10/01/2024 (MT Newswires) -- Power Nickel ( PNPNF ) reported earlier Tuesday assays for the first five holes of its summer 2024 drilling campaign at its Lion Zone discovery within the Nisk project in Quebec.

Highlights include 5 meters of 5.93% copper equivalent, including 12 meters of 2.97% copper equivalent.

"We announced our summer exploration program and had expanded the Lion Zone by 50%," chief executive Terry Lynch said in a release. "The results were obtained from targets we now realize were outside the main Lion Zone in what we refer to as the Halo area."

Power Nickel ( PNPNF ) shares were last seen down $0.05 to $0.73 on the TSX Venture Exchange.

Price: 0.73, Change: -0.05, Percent Change: -6.41