Power Nickel Defines Initial Volume on its High-Grade Cu-Pt-Pd-Au-Ag Zone 5km Northeast of its Main Nisk Deposit

Discovery Hole had over One Oz/Tonne Combined Platinum and Palladium over 7.75 Metres

TORONTO, March 4, 2024 /PRNewswire/ – Power Nickel Inc. (the “Company” or “Power Nickel”) (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVVI) is pleased to announce that hole PN-24-047 of the drill program aiming at following up on the Wildcat high-grade PGM intersection has intersected the anticipated mineralized zone some 40 meters to East of the discovery hole. Along with PN-24-044 (Feb 22nd, 2024), this makes it the third intersection similar to the discovery hole announced May 10th, 2023. An EM anomaly was also tested some 225 m further East (PN-24-045) but did not visually intersect significant mineralization.

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