Terry Lynch: Power Metallic Mines Summer Drills to Determine if Nisk and Lion are Joined

Michael Fox is joined by Terry Lynch, CEO of Power Metallic Mines (TSX-V: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV), discusses the company's projects, focusing on the Nisk project in Quebec. The company has discovered significant copper deposits in addition to nickel, with recent results showing 12.5 meters of 11% copper equivalent.

Power Metallic Mines plans to drill 100,000 meters by the end of 2026, aiming to connect the Lion Zone and Nisk deposits. The company is well-funded, having raised $50 million, and will begin drilling with six rigs starting June 7th or 8th. Terry expects to start receiving assay results after the August long weekend and hints at potential business development news in the meantime.

Power Nickel Expands Land Package

Power Nickel has acquired 313 claims from Lift, nearly quadrupling their land package. The company believes this expansion could lead to a district play with multiple mines. Power Nickel's CEO explains that the deal is mutually beneficial, with Lift becoming a major investor in Power Nickel and Power Nickel gaining potentially productive land. Investors can follow the company's progress by signing up for updates on powernickel.com, where they can also find contact information for management.

About Power Metallic Mines Inc.

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

On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025 purchase of 313 adjoining claims (~167 km²) from Li–FT Power, the Company now controls ~212.86 km² and roughly 50 km of prospective basin margins.

Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs.

Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which were spun out from Power Metallic via a plan of arrangement on February 3, 2025.

Power Metallic Mines

https://www.powermetallic.com/