North American Nickel (TSE:PNRL) has released an update.
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Premium Nickel Resources Ltd. has announced promising assay results from its Selebi North underground mine in Botswana, including a significant 0.45 meters of 5.86% Nickel equivalent. The company is nearing the completion of the underground drilling for its maiden NI 43-101 Mineral Resource Estimate, expected in Q2 2024, which aims to facilitate the rapid redevelopment of the mine using existing infrastructure. These developments, backed by over $21.6 million in financing, highlight the potential of the mine’s rich nickel, copper, and cobalt deposits.
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