Power Metallic Mines Inc. is pleased to announce the appointment of Christopher Beal as Vice President of Operations. Mr. Beal brings over 15 years of extensive experience in mining operations, technology commercialization, corporate development, and capital markets. As CEO of NextOre since 2017, he successfully built and scaled a pioneering supplier of bulk mineralogical analysers and sorting equipment using magnetic [...]
Power Metallic Mines is pleased to provide additional assay results from its Winter 2026 drill program. Summary These additional assays from Power Metallic's winter 2026 drill program is nearing the completion of winter drill results to be used for the initial NI-43-101 Mineral Resource Estimate on Lion. Completion and reporting of the MRE estimates on Lion and the Nisk deposit is scheduled for the end of July. This MRE [...]
Power Metallic Mines Inc. is pleased to announce the closing of its previously announced "best efforts" private placement for aggregate gross proceeds of C$28,228,750, which includes a lead order from Eric Sprott. Pursuant to the Offering, the Company sold 22,583,000 common shares of the Company at a price of C$1.25 per Offered Share . Red Cloud Securities Inc. acted as lead agent and sole bookrunner on behalf of a [...]
Power Metallic Mines is pleased to announce that further to its news releases of May 28 and May 29, 2026 regarding the "best efforts" brokered private placement of the Company of up to C$30,000,000 led by Red Cloud Securities, acting as lead agent and sole bookrunner on behalf of a syndicate of agents, the Company has filed an amended and restated offering document dated June 4, 2026, related to the Marketed Offering [...]
Power Metallic Mines Inc. is pleased to announce that as a result of strong investor demand, the Company and Red Cloud Securities Inc. have agreed to increase the maximum gross proceeds of the Company's previously announced "best efforts" private placement from C$25,000,000 to C$30,000,000. Pursuant to the upsized Marketed Offering, the Company has agreed to sell up to 24,000,000 common shares of the Company at a price of [...]
Power Metallic Mines Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. pursuant to which Red Cloud will act as lead agent and sole bookrunner on behalf of a syndicate of agents in connection with a "best efforts" private placement for gross proceeds of up to C$25,000,000 from the sale of up to 20,000,000 common shares of the Company at a price of C$1.25 per Offered Share [...]
Power Metallic Mines Inc. is pleased to announce the expansion of its summer 2026 exploration program at the Nisk Project in Quebec. Building on the recent Muon Tomography program launched on May 13, the Company is deploying three advanced geophysical surveys to accelerate the hunt for deeper high-grade Ni-Cu-PGE mineralization. Power Metallic is planning an Ambient Noise Tomography survey on the Nisk Far West target [...]
Power Metallic Mines is pleased to announce that it has entered into a strategic alliance and joint venture framework agreement with Amaar United Mining Company to jointly pursue mining license opportunities in the Kingdom of Saudi Arabia. The agreement marks the next step in Power Metallic's expansion strategy in Saudi Arabia following the Company's award of the Jabal Baudan exploration license in the Jabal Sayid [...]
Power Metallic Mines is pleased to announce an engagement with Vancouver-based Ideon Technologies to activate a borehole muon tomography imaging program at the Lion Zone discovery within the Nisk Polymetallic project. A global leader in subsurface intelligence, the Ideon REVEAL™ solution will generate a high-resolution, three-dimensional density model of the rock composition in and around the Lion deposit. The [...]
The Ellis Martin Report and Money Talk Radio welcome Terry Lynch, CEO of Power Metallic , for a discussion regarding the company's latest high-grade drill results and advancing mineral resource potential at the Lion Zone discovery within the Nisk Project in Quebec. Recent drilling at the Lion Zone has returned exceptional polymetallic intercepts, including 22 meters grading 11.46% copper equivalent and 17.5 meters grading [...]
Power Metallic Mines Inc. is pleased to provide additional assays from its winter 2026 drill program. Lion Zone MRE In-fill program Additional drill holes continued to add and refine the high-grade Lion Zone ahead of the 2026 Mineral Resource Estimate . The infill drill holes in this release cover approximately 560 m down plunge extent from the core of the Lion Zone to central southwestern Lion area . These holes [...]
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