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Power Metallic

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Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)—a high–grade Copper–PGE, Nickel, gold and silver system—toward Canada's next polymetallic mine.

Investor website: https://www.powermetallic.com/

About

Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)—a high–grade Copper–PGE, Nickel, gold and silver system—toward Canada's next polymetallic mine. The company controls approximately 330 km² and roughly 50 km of prospective basin margins, expanding mineralization at the Nisk and Lion discovery zones, and evaluating the Tiger target. It also owns 100% of Power Metallic Arabia, which holds an exploration license in Saudi Arabia's Jabal Sayid Belt, recognized for its high prospectivity for copper, gold, and zinc mineralization.

Verified company data

Cash position
$28.2 million
Shares outstanding
259.16
Fully diluted shares
303.86
Mineral resource
Nisk Main: The foundation: 2.703 Mt Indicated and 2.016 Mt Inferred — nickel-copper with cobalt and PGEs. Lion: The showpiece: 4.145 Mt Indicated at 3.86% CuEq, plus 0.601 Mt Inferred at 4.01% CuEq — copper, palladium, platinum, gold and silver together. Starts at surface. Open at depth. Tiger: The proof of concept that Lion isn't alone: a third zone found by drilling borehole-EM conductors 700 m east of Lion, now being tested at depth.
Projects
["NISK — not just a mine. A district to be discovered. FLAGSHIP PROJECT · JAMES BAY, QUEBEC. Start with the story. Stay for the detail. The full drill data is one tab deeper — jump to it if that's what you came for. 3 zones: Nisk Main, Lion and Tiger — three deposit styles, one system. 5.5 km of barely-drilled trend between Nisk Main and Lion. +600% land growth in 2025 through staking and acquisition. 5 rigs turning now — summer assays from September 2026. LAYER 1 · THE STORY. Three discoveries. One address. NISK began as a nickel deposit. Then the final hole of the winter 2023 program, 5.5 km to the northeast, hit something richer — and the project became a polymetallic district hunt. Deposits of this family (orthomagmatic — think Norilsk, Voisey's Bay) rarely come alone. Power Metallic holds 80% of the core Nisk claims, acquired from Critical Elements Lithium in April 2024, and controls a ~330 km² district with roughly 50 km of prospective basin margins. RESOURCE UPDATED 2026 · NICKEL-COPPER. Nisk Main: The foundation: 2.703 Mt Indicated and 2.016 Mt Inferred — nickel-copper with cobalt and PGEs. 5.5 KM → open trend. INAUGURAL RESOURCE 2026 · CU-PGE. Lion: The showpiece: 4.145 Mt Indicated at 3.86% CuEq, plus 0.601 Mt Inferred at 4.01% CuEq — copper, palladium, platinum, gold and silver together. Starts at surface. Open at depth. 700 M → step-out. EMERGING · NI-CU HYBRID · NO RESOURCE YET. Tiger: The proof of concept that Lion isn't alone: a third zone found by drilling borehole-EM conductors 700 m east of Lion, now being tested at depth."]
Leadership
Terry Lynch (CEO), Seamus O'Regan (Board Member, Former Minister of Energy & Natural Resources, Indigenous Services, Seniors, Labour, Veteran Affairs, and Associate Minister of National Defence), Christopher Beal (VP of Operations, Over 15 years of experience in mining operations, technology commercialization, corporate development, and capital markets. Former CEO of NextOre.)

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