Key facts
| Company | Power Metallic (TSXV: PNPN) |
|---|---|
| Location | Quebec, Canada |
| Stage | Early exploration |
News releases12 on file
Power Metallic Provides NISK update
The 2026 Mineral Resource Estimate for the combined Nisk and Lion discoveries has been postponed to the end of August, due to staff availability at the consulting engineering firm. Five rigs remain active at the Nisk project, with summer program assays expected in September and through the fall, and a Moose Break from September 15–October 15, 2026. The Company granted 11,300,000 stock options at $
CorporatePower Metallic reports New Lion drill intercepts of 36.42 Meters of 2.83% CuEqRec1 in Hole 26-116 including 6.00 Meters of 12.38% CuEqRec1 and Announces AGSM Meeting Results
Final assays from the Winter 2026 drill program at the Lion Zone, part of the Nisk Project Area in Quebec, include hole PML-26-116 with 36.42 m at 2.83% CuEqRec from 84.00 m, including 6.00 m at 12.38% CuEqRec and 4.07 m at 4.30% CuEqRec; PML-26-113 returned 44.50 m at 0.75% CuEqRec. An initial NI 43-101 resource estimate for Lion and Nisk is scheduled for end of July, with a PEA to follow. Shareh
Drill resultsPower Metallic Announces Appointment of Christopher Beal as Vice President of Operations
Christopher Beal has been appointed Vice President of Operations of Power Metallic Mines Inc., with responsibility for completing the upcoming PEA and then a feasibility study on the Nisk project. He is expected to spend about half his time in the role, moving to full time towards the end of the year or early 2027 and becoming Chief Operating Officer at that time. Beal was CEO of NextOre from 2017
ManagementPower Metallic reports New Lion drill intercepts of 13.30 Meters of 3.98% CuEqRec¹ in Hole 26-115 and 5.26 Meters of 8.45% CuEqRec¹ in Hole 26-105 at Lion
Winter 2026 drill results from the Lion Zone at the Nisk Project Area in Quebec include hole PML-26-115, which cut 13.30 m at 3.98% CuEqRec 25 m below surface, including 3.77 m at 9.36%, and hole PML-26-105, which cut 5.26 m at 8.45% CuEqRec about 140 m below surface. Hole PML-26-106 returned 7.00 m at 2.84% CuEqRec. Infill holes delimited Lion's western edge, with some low-grade assays up to 0.57
Drill resultsPower Metallic Mines Expands Exploration Arsenal with Cutting-Edge Geophysical Surveys at Nisk Project
Three geophysical surveys are being added to the summer 2026 exploration program at the Nisk Project in Quebec: an Ambient Noise Tomography survey at the Nisk Far West target using 200 sensors over a 14km by 3km grid, a gravity survey covering Lion, Nisk and Nisk West, and a SQUIDs survey over Lion and Lion West that began in winter 2026. Over 30,000 metres of drilling is planned for the next two
Drill resultsLion Delivers High-Grade Copper Intercepts and Positive Metallurgy on Low-Low Grade Mineralization
Winter 2026 infill drilling at the Lion Zone, part of the Nisk Project Area in Quebec, returned 4.07 m grading 8.73% CuEqRec in hole PML-26-067 at 50 m depth and 10.30 m grading 4.04% CuEqRec in PML-26-097 at about 75 m depth. SGS locked-cycle testing of a low-low grade disseminated composite (0.62% Cu feed) gave 98.3% copper recovery at 25.4% Cu concentrate grade. All assays are expected by mid-J
Drill resultsPower Metallic Partners with Ideon Technologies to Unlock Deep Discovery Potential at Nisk Lion Zone using Muon Tomography
Power Metallic has engaged Vancouver-based Ideon Technologies to run a borehole muon tomography imaging program at the Lion Zone within the Nisk Polymetallic project in Quebec, using the Ideon REVEAL platform to build a 3D density model. The survey will map over 55,000,000 m³ of rock volume and run for 6 months, with an option to extend to 8 months. Stage one validates the unconstrained model agai
Drill resultsLion Zone Delivers Second Best Intersection Ever As Power Metallic intercepts 22.00 Meters of 11.46% CuEqRec¹ in Hole 26-095
Drilling at the Lion Zone on the Nisk Project in Quebec returned 22.00 m at 11.46% CuEqRec from 155.00 m in hole PML-26-095, including 6.50 m at 18.59% CuEqRec and 4.00 m at 18.62% CuEqRec. Hole PML-26-069, about 560 m down plunge at 600 m vertical depth, cut 6.58 m at 4.00% CuEqRec, including 2.82 m at 8.26%. Exploratory holes east of Tiger returned sub-economic grades. An inaugural Mineral Resou
Drill resultsPower Metallic intercepts 17.45 Meters of 9.47% CuEqRec¹ in Hole 26-094 and 39 Meters of 5.66% CuEqRec¹ in Hole 26-101 at Lion
Winter 2026 infill drilling at the Lion Zone of the Nisk Project Area in Quebec returned 17.45 m at 9.47% CuEqRec in hole PML-26-094, including 6.30 m at 17.91% CuEqRec, and 39.00 m at 5.66% CuEqRec in PML-26-101, including 9.20 m at 15.18% CuEqRec. Hole PML-26-104, on the western edge, cut 7.40 m at 1.07% CuEqRec. The holes cover roughly 200 m of strike at about 100 m vertical depth and support a
Drill resultsPower Metallic Intercepts 27.10 Meters of 2.17% CuEqRec¹, including 4.76 Meters of 10.43% CuEqRec¹ in Hole 26-050 at Lion
Winter 2026 drilling at the Lion Zone within the Nisk Project Area returned 27.10 m at 2.17% CuEqRec in hole PML-26-050, including 4.76 m at 10.43% CuEqRec, confirming the eastern edge of the high-grade copper shoot, while PML-26-052 returned 10.35 m at 2.88% CuEqRec including 4.35 m at 5.94% CuEqRec. Exploratory holes east and west of Lion returned low grade or no significant mineralization, and
Drill resultsPower Metallic Intercepts Lion Style Sulphides (Lion East and Lion West) Following Recently Recognized High Grade Structural Trends
Drilling at the Nisk Project Area has confirmed a shallow easterly plunging high-grade trend at the Lion Zone, with hole PML-26-054 intersecting 5m of Lion style mineralization with visible copper, and PML-26-067 on Lion's western edge cutting 1m of massive copper sulphides plus 3.3 metres of disseminated copper at about 50m vertical depth. Hole PML-25-040 returned 0.31m of massive nickeliferous s
Drill resultsThe Technical Report is available here
An NI 43-101 technical report and mineral resource estimate for the Nisk Project in the Eeyou Istchee James Bay territory, Québec, has been completed for Power Nickel Inc. The report was prepared by Kenneth Williamson, P.Geo., M.Sc., and Matthew DeGasperis, P.Geo., B.Sc., of 3DGeo Solution Inc., with an effective date of May 17, 2022 and a signature date of August 29, 2022.
Study results