Power Metallic Mines Inc.
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- Power Metallic Mines Inc. is a Canadian junior exploration company focused on the acquisition, exploration, and development of mineral properties containing nickel, copper, cobalt, platinum group elements, gold, and silver deposits. The company operates primarily through its flagship Nisk Project Area, encompassing the Nisk, Lion, and Tiger zones located near Nemaska in Quebec's Eeyou Istchee James Bay territory; this polymetallic deposit features high-grade nickel-copper-PGE sulfide mineralization with shallow depths, proximity to infrastructure including a Hydro-Québec substation, highway access, and potential for carbon sequestration via ultramafic tailings to support carbon-neutral production of battery metals and critical minerals. Additional interests include a 50% stake in Chilean Metals, which holds exploration properties such as Hornitos, Palo Negro, and Tabaco in Chile, as well as the recently awarded Jabal Baudan exploration license in Saudi Arabia's Jabal Sayid Mineralized Belt. Founded in 1987 and headquartered at the Canadian Venture Building in Toronto, Ontario, Power Metallic Mines targets mining companies, institutional investors, and strategic partners in the diversified metals and mining sector across Canada, Chile, and Saudi Arabia. Core activities involve extensive drilling programs, geophysical surveys, metallurgical testing, and land expansion; recent high-grade intercepts at Lion include 5.35 meters of 11.97% copper (16.35% CuEq) in hole 25-022, 22.66 meters of 4.57% CuEq in hole 020, and continued expansion at Tiger with copper-dominant mineralization. In 2025, the company changed its name from Power Nickel Inc. in February, completed a C$50 million private placement in February led by BMO Capital Markets and Hannam & Partners, spun out Golden Ivan and certain Chilean assets to Chilean Metals in February via shareholder distribution, acquired 313 mineral claims totaling 167 square kilometers from Li-FT Power in June-July expanding the Nisk land package over 300% to 212.86 square kilometers, appointed Seamus O'Regan to the board in August and initiated Phase 1 metallurgical testing with SGS Canada in October, named to the 2025 TSX Venture 50, and advanced NYSE listing processes as of November.
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Power Metallic well-positioned for second-half catalysts, Noble Capital Markets says
Power Metallic well-positioned for second-half catalysts, Noble Capital Markets says
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Power Metallic reports final Lion Zone drill assays at Quebec's Nisk project ahead of resource estimate
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Power 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
Power Metallic Mines appoints Christopher Beal as vice president of operations
Power Metallic Announces Appointment of Christopher Beal as Vice President of Operations
FTSE 100 Live: Stocks mixed, Segro surges but gold tests 7-month lows
Power Metallic Mines drill results strengthen Lion Zone confidence ahead of July MRE, says Hannam & Partners
Power Metallic Mines drill results strengthen Lion Zone confidence ahead of July MRE, says Hannam & Partners
Power Metallic Mines reports additional Lion drill results ahead of July resource estimate
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Power 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
Power 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
Power Metallic Mines strengthens treasury, eyes several catalysts as Noble flags upside
Power Metallic Mines strengthens treasury, eyes several catalysts as Noble flags upside
Power Metallic Mines closes C$28.2M private placement with Sprott lead order
Power Metallic Mines Announces Upsize of Brokered LIFE Offering for Gross Proceeds of up to C$30 Million