Power Metallic (TSXV:PNPN) - Charges Ahead with Rare Nickel-Copper-PGM Mega-Discovery

Mar 4, 2025

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Interview with CEO Terry Lynch

Our previous interview: https://www.cruxinvestor.com/posts/power-nickel-tsxvpnpn-charges-up-massive-nickel-copper-pgm-discovery-with-2025-drilling-plan-6495

Recording date: 2nd March 2025

Power Metallic Mines (TSXV:PNPN) is rapidly emerging as one of the most exciting stories in the junior mining space. The company's 100%-owned NISK project in Quebec has all the makings of a world-class discovery with district-scale potential.

NISK represents an extremely rare orthomagmatic nickel-copper-PGM system - a type of deposit known for hosting giant to supergiant metal endowments. Nearly all orthomagmatic discoveries to date have evolved into Tier 1, multi-decade mines. And the geological parallels between Nisk and other major orthomagmatic camps globally are striking.

Since acquiring the project in 2021, Power Metallic has hit the ground running with an aggressive drill campaign aimed at unlocking the full potential of this vast mineralized system. Drilling to date has already outlined high-grade copper zones over a 1.8 km strike extent, with multiple discovery areas remaining wide open for expansion.

The blue-sky potential lies in the nickel. Consulting geologist Dr. Steve Beresford, who was involved in discovering some of the world's largest nickel deposits, believes there could be up to five times more nickel than copper waiting to be found at NISK based on metal ratio analogues from other major orthomagmatic systems. Combine this exceptional geological upside with a management team that has a track record of value creation, a top Quebec address, and over $40 million budgeted for drilling - and it's easy to see why Power Metallic is attracting some serious attention from investors.

Prominent mining entrepreneur Robert Friedland is already a major backer, and several institutions recently wrote big checks to support the ongoing exploration. Despite the enviable progress and well-rounded shareholder base, Power Metallic still trades at a substantial discount to peers on an in-situ valuation basis. Part of this disconnect stems from management's astute strategy to rapidly build out the resource footprint first before publishing a maiden estimate.

Multi-fold returns for early shareholders are well within the realm of possibility if NISK shapes up as envisioned. With a major 100,000 meter drill program revving up and assays pending from the new Tiger zone, Power Metallic is entering a catalyst-rich period that could serve as a key inflection point for the stock.

In a world facing critical shortages of the metals that enable a greener future, NISK is emerging as a deposit of global significance. Power Metallic has all the attributes of an emerging Canadian mining champion in the making - and investors can expect a very active and exciting year ahead as the company delivers on its vision to unlock a new world-class nickel-copper-PGM mine.

View Power Metallic's company profile: https://www.cruxinvestor.com/companies/power-nickel