Power Nickel Inc. announced that the drill program aiming at following up on the Wildcat high-grade PGM intersection has intersected the anticipated mineralized zone with five (5) additional holes. If confirmed by assay results, the current mineralized envelope is interpreted to extend to a minimum of 300 m below surface, and to a minimum of 200 m laterally, and remains open in all directions. As previously stated PN-24-044 and PN-24-047 successfully intersected the chalcopyrite-rich zone initially discovered in Hole PN-23-031A.

Based on the initial geometry obtained, a fan of multiple short off-section holes was drilled to test the continuity of the zone in all directions. While the western side appears to be thinner, holes drilled east of the discovery appears to show a significant increase in the overall thickness of the zone. The deepest hole to date, PN-24-051, intersected the zone at a depth of 275m below surface, but hole PN-24-050 (200m depth) only intersected weak mineralization This could suggest a ?pinch and swell?

geometry across the mineralized zone, and therefore a potential increase in thickness further west and at depth.