logo-loader
TSX-V:PNPN OTCQB:PNPNF

Power Metallic Mines Inc

Receive alerts
Market:
TSX-V
Price
1.25 CAD
Day Change
1.63%
Market Cap:
$279.34 m
52 weeks high
1.97
52 weeks low
0.54

In brief

Power Metallic Mines Inc - formerly Power Nickel Inc - is a Canadian junior exploration company focusing on high-potential copper, gold, and battery metal prospects in Canada and Chile. On February 1, 2021, Power Nickel completed the acquisition of its option to acquire up to 80% of the NISK project from Critical Elements Lithium. The NISK property comprises a large land position (20 kilometers of strike length) with numerous high-grade intercepts. The company is the 100% owner of five properties comprising over 50,000 acres strategically located in the prolific iron-oxide-copper-gold belt of northern Chile. It also owns a 3% NSR royalty interest on any future production from the Copaquire copper-molybdenum deposit, recently sold to a subsidiary of Teck Resources Inc.

Snapshot

  • Power Metallic wins exploration license for Jabal Baudan project in Saudi Arabia
  • Power Nickel discovery at Lion Zone could transform Nisk project, analysts believe
  • Power Nickel reports exceptional progress in 2024 drilling program with polymetallic discoveries