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Premium Nickel Resources Ltd. (PNRL) reports additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide mine in Botswana. The results indicate significant mineralization, with highlights including 15.30 metres of 2.96% NiEq, 6.85 metres of 4.01% NiEq, and 6.05 metres of 2.78% NiEq. The CEO, Keith Morrison, expressed optimism about the findings and the potential for further mineralization at the site.
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Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) appoints Mr. James (Jim) Gowans as Director and new independent Chairman of the Board, effective January 1, 2024. Mr. Gowans brings over three decades of expertise in the mining industry, with notable roles at Debswana Diamond Company, DeBeers SA, DeBeers Canada Inc., PT Inco, and Placer Dome Ltd. His addition is expected to bring operational background, insights into local and regional dynamics, and established connections within the mining sector in Botswana, benefiting PNRL's growth and advancement of its Botswana mines.
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Premium Nickel Resources Ltd. (PNRL) reports additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. The results confirm that mineralization continues to depth beyond the bottom of the legacy resource, indicating that the deposits are connected at depth and are much bigger than previously understood.
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Premium Nickel Resources Ltd. (PNRL) closed a $21.6 million equity and debt financing package, including a $15,760,040 brokered private placement and a $5,882,353 amended term loan. The company issued 13,133,367 common shares at $1.20 per share under the offering, with EdgePoint Investment Group Inc. subscribing for 1,265,800 common shares. The net proceeds will be used for interest payments and mineral asset development in Botswana.
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Premium Nickel Resources Ltd. (PNRL) announces a proposed equity and debt financing package of $20 million, including a brokered private placement of 11,765,000 common shares at $1.20 per share, resulting in gross proceeds of $14.1 million. Additionally, an amended term loan with Cymbria Corporation will increase the principal amount from $15,000,000 to $20,882,353, providing the company with additional gross proceeds of $5,000,000.
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Premium Nickel Resources Ltd. (PNRL) is pleased to announce the pending appointment of James (Jim) Gowans as a Director and independent Chair of the Board. With over 30 years of experience in the mining industry, including executive positions at Debswana Diamond Company, DeBeers SA, and Trilogy Metals Inc., Mr. Gowans brings a wealth of expertise to PNRL. His appointment is expected to be effective in mid-January.
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Premium Nickel Resources Ltd. (PNRL) reports additional assay results from drilling at the Selebi North underground mine in Botswana, with highlights including 22.00 metres of 1.74% NiEq (1.22% Ni; 0.89% Cu; 0.06% Co). CEO Keith Morrison comments on the productivity rates and the continuation of the legacy fold pattern in the mine. The objective of the drilling is to define mineralization down plunge of existing workings for a Mineral Resource Estimation (MRE) prepared in accordance with NI 43-101.
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Premium Nickel Resources Ltd. (PNRL) reports initial assay results from drilling at its past-producing nickel-copper-cobalt sulphide Selebi North mine in Botswana. Highlights include significant grades and widths of mineralization, identification of the down plunge extension of a zone thought to have been pinched off, and the completion of a Mineral Resource Estimation (MRE) in accordance with NI 43-101 standards. The company anticipates providing a range of results and new geoscience data as the drilling program progresses.
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Premium Nickel Resources Ltd. reports positive results from Annual General and Special Meeting
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Premium Nickel Resources Ltd. announces positive results of metallurgical testing for its nickel projects in Botswana. Significant increase in total tonnage of historic estimates at the Selkirk project when cut-off grade is lowered. Initial metallurgical testwork demonstrates commercial nickel and copper concentrates can be produced. Flotation tests show average nickel and copper grades in bulk concentrate of 4.9% Ni and 5.6% Cu with metal recoveries of 70.9% for nickel and 88.9% for Cu. Platsol testing shows excellent metal extractions for nickel concentrates. Phase 2 of work program to test downstream processing underway. Results to be released in the coming weeks.
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OTC:PNRLF
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107.98M
16.6%
11.93%
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