- CEO
- Wazir Khan
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 200-3310 South Service Road Burlington ON Canada L7N 3M6
- IPO Date
- Jan 18, 2024
- Business
- Power One Resources Corp. is a Canadian exploration company engaged in the acquisition and exploration of mineral properties, with a focus on rare earth elements, uranium, nickel, copper, platinum group elements and other energy-linked and polymetallic mineral systems. Founded in 2021 and headquartered in North Vancouver, British Columbia, the company’s principal projects include the 100%-owned Pecors Project near Elliott Lake, Ontario, which targets a large magnetic anomaly with uranium, nickel and PGE potential, and the Wicheeda North Property in British Columbia, a rare earth element project in the Cariboo Mining Division. Power One’s property portfolio also reflects expansion into larger-scale multi-commodity exploration, including the Pecors East Zone and related geophysical targets, and the company is listed on the TSX Venture Exchange under the symbol PWRO. In 2026, Power One secured an exploration permit to advance diamond drilling at Pecors, including a planned approximately 1,500-metre vertical hole to test the Zd1 geophysical target; it also expanded the Pecors land position by 75 hectares to secure the priority deep target. The company further stated that it is evaluating financing and strategic alternatives to support its next phase of exploration, while Wicheeda North remains optioned to Primary Hydrogen Corp. under an earn-in arrangement that could result in a joint venture and leave Power One with a 25% interest.