Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) could have a large-scale deposit on its hands with the Nisk project in Quebec, at least according to analysts at Red Cloud Securites. Analysts visited the site earlier this month and noted the complexity of the geology but commending the company's exploration team.
Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) CEO Terry Lynch talked with Proactive about the company's latest exploration activities and expansion plans. Lynch explained that the company has significantly increased its land package at its Nisk polymetallic project in Quebec, now holding seven of eight key targets that could define a new district comparable to Sudbury, which hosts 33 mines.
Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) announced that it has secured the exploration license for the Jabal Baudan project in Saudi Arabia, a major milestone in its international expansion. The company highlighted that with this award it becomes one of the few foreign mining companies to receive a concession in the Kingdom, following a successful bid in a competitive licensing process.
| Metals & Mining Industry | Materials Sector | Mr. Terrence Lynch B.B.A. CEO | OTCQB Exchange | CA7393014062 ISIN |
| Canada Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Power Nickel Inc. is a junior exploration company focused on the acquisition and exploration of mineral properties. Its activities span across Chile and Canada, where it explores for a wide array of minerals including nickel, copper, cobalt, lithium, gold, silver, and PEG group metals. The company was established in 1987, originally named Chilean Metals Inc., before rebranding to Power Nickel Inc. in July 2021. With headquarters in Toronto, Canada, Power Nickel Inc. is dedicated to advancing its exploration projects by leveraging the potential of its properties located in mineral-rich belts in both countries.
Power Nickel Inc. is involved in the exploration of various minerals across its properties, which include:
Its key properties include: