Power Nickel partners with Karbon X as part of their net zero carbon emissions initiative on the NISK Mining Project

Power Nickel, the Nickel exploration and mining company, has partnered with Karbon X to integrate carbon offsetting into its drilling operations.

February 23, 2023 2:45 PM EST | Source: Prodigy PR

Toronto, Ontario--(Newsfile Corp. - February 23, 2023) - Canada-based nickel exploration and mining company, Power Nickel announces its new partnership With Karbon X. The partnership is aimed at offsetting the potential carbon emissions produced by the drilling operations of Power Nickel on its NISK mining project. Karbon X assists companies in offsetting their carbon emissions and reducing the environmental effects of their projects to a minimum. The partnership is part of Power Nickel's commitment to a sustainable future and an environmentally friendly mining approach.

NISK is a nickel-copper sulphide deposit (Ni-Cu-PGE) located in Quebec, Canada, beside a major highway and Hydro-Quebec substation. The property is 20 kilometers of strike length with high-grade intercepts for multiple battery metals including Copper, Cobalt, Palladium, Platinum, and Nickel. The NISK deposit is ideally located to take advantage of low-cost, low-carbon hydropower to sustainably mine high-grade nickel and other battery metals.

Carbon offsetting significantly contributes to the overall reduction in global carbon emissions. A single carbon offset amounts to the reduction, removal, or avoidance of one metric tonne of greenhouse gas (GHG) emissions from a certified project. In order to ensure the efficacy of the project in terms of emission reduction, a third-party verification board evaluates each offsetting. When individuals and organizations worldwide purchase carbon offsetting, it leads to the investment in other green projects. That means the emission is taken out of circulation. This way, Power Nickel effectively reduces the overall emission of its projects through its offsetting partnership with Karbon X.

"These offsets will neutralize the diesel fuel we will use to drill approximately 40,000 meters of drilling. It symbolizes our goal of creating the world's first carbon-neutral Nickel mine on our Nisk Project in Nemaska Quebec. Karbon X and its DrillGreen.ca initiative makes a lot of sense to us. Miners are amongst the most environmentally friendly people I know and we need to start showing the world we can and will find responsible ways to find the materials needed to power the greening of our economy. This is a modest first step for us and I would hope other miners will follow our lead" says Terry Lynch, CEO of Power Nickel.

About Power Nickel

Power Nickel is a Canadian exploration company focusing on high-potential copper, gold, and battery metal prospects in Canada and Chile. The company's flagship NISK property comprises a large land position (20 kilometers of strike length) with numerous high - grade nickel sulfide ore deposits. Power Nickel is now focused on commercialization of this mine with a series of drill programs designed to test the initial Nisk discovery zone and to explore the land package for adjacent potential Nickel deposits.

About KarbonX

Karbon - X Corp is a tech-based carbon marketing company specializing in the sale of carbon offsets to offset greenhouse gas emissions from industrial applications and also for everyday citizens that are dedicated to reducing their impact on the plan et. Industrial users purchase their offset through direct sales, whereas everyday people can offset their life through a mobile APP that will be launching in February 2023. The company invests in green projects with the potential to generate carbon offsets, which will eventually be marketed through the mobile APP. Karbon - X provides an opportunity for their online social media community to support projects that are important to them and that positively impact the planet.

Media Contact
Name: Terry Lynch
Email: terry@powernickel.com
Website: www.powernickel.com

Source: The Newsdesk

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/155962

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