The world's highest-grade
copper & PGE discovery.
Power Metallic is drilling out the NISK District — five rigs, 100+ high-grade intersections, and Lion's maiden resource now declared. Mining metals that matter.
Four things that make NISK unique.
Lion's Indicated resource runs 1.68% copper on its own — before the palladium, platinum, gold and silver that lift it to 3.86% CuEq across 4.145 million tonnes. The standout holes run far higher. Grades like this are why one deposit can carry a company.
A first-rank mining jurisdiction where copper, nickel, cobalt, platinum and palladium are all listed critical minerals — and where federal and Quebec critical-minerals credits, funds and tax measures are on the table. The company believes it may qualify for several of them.
Hydro-Québec's Albanel substation, on the 735 kV low-carbon hydro grid, sits adjacent to the property — 4 km from Nisk Main, 9.1 km from Lion. All-season access on the Route du Nord; Nemiscau airport 30 km west.
TSXV's top mining stock of 2024. C$28.2 million raised in June 2026, five rigs turning across the district, Lion's first resource delivered — and a PEA targeted for the first half of 2027.
NISK at a glance
One property, three discoveries, and 5.5 km of barely-tested ground between them. Everything Power Metallic does happens here.
The numbers are the story.
Lion's first resource: 4.145 Mt Indicated at 3.86% CuEq — 1.68% copper before the palladium, platinum, gold and silver — plus 0.601 Mt Inferred at 4.01% CuEq. More than 85% of it Indicated. It starts at surface and is modelled continuously to more than 600 m vertical depth, where the resource drilling stopped. Lion remains open at depth.
Nisk Main, the nickel-copper deposit that started it all, is updated alongside: 2.703 Mt Indicated and 2.016 Mt Inferred.
Explore the resource and the drilling →| DEPOSIT | INDICATED | INFERRED |
|---|---|---|
| Lion — copper + precious metals | 4.145 Mt @ 3.86% CuEq (1.68% Cu) | 0.601 Mt @ 4.01% CuEq |
| Nisk Main — nickel-copper | 2.703 Mt | 2.016 Mt |
Independent estimate by SGS Canada, effective June 19, 2026, drilling to April 19, 2026. Project totals (Power Metallic 80%). Mineral resources are not mineral reserves and do not have demonstrated economic viability. Full basis on the NISK page.
| LION ZONE HOLE | INTERVAL | CU % | PD G/T | PT G/T | AU G/T | AG G/T | NI % | CuEq | AUEQ |
|---|---|---|---|---|---|---|---|---|---|
| PML-26-101 | 39.0 m | 1.89 | 3.51 | 3.34 | 1.0 | 16.3 | 0.13 | 5.6% | 6.46 |
| PN-24-047 | 14.4 m | 8.17 | 6.30 | 8.40 | 0.6 | 69.1 | 0.60 | 15.8% | 18.38 |
| PN-24-070 | 32.0 m | 3.62 | 8.10 | 2.50 | 0.5 | 20.9 | 0.20 | 8.7% | 10.09 |
| PML-26-049 | 16.55 m | 10.08 | 5.54 | 1.13 | 1.6 | 47.4 | 0.42 | 15.1% | 17.54 |
| PML-26-095 | 24.5 m | 4.43 | 4.30 | 4.60 | 2.6 | 21.1 | 0.25 | 10.4% | 12.02 |
| Average (length-weighted) | 25.3 m | 4.60 | 5.40 | 3.70 | 1.2 | 28.5 | 0.30 | 9.7% | 11.26 |
From one nickel deposit
to a district in the making.
The next steps toward a NISK mine.
"We believe this result lays out a clear path toward a commercial mine. We are now advancing to a preliminary economic assessment, targeting release in the first half of 2027, with a feasibility study to follow."
The PEA is a planned study; production rate, mine life and mining sequence have not been determined.
Backed by names you know.
The investors behind Ivanhoe, McEwen Mining and Sprott sit on this register — alongside a management and board group holding 19.5% of the company.
Follow the next chapter with Power Metallic
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