NASDAQ. Muon imaging. 40,000m more drilling.
Power Metallic is entering a new phase.
In this interview, our CEO @terrybali discusses:
* Initial MRE targeted for July
* PEA expected later this year
* Potential Q3 NASDAQ pathway
* New muon technology being deployed at Lion
* Recently upsized financing from $25M to $30M
* Continued expansion work across the system
At the center of it all:
one of the highest-grade copper-PGE discoveries currently being drilled.
A lot is happening at once.
$PNPN $PNPNF
One thing Terry Lynch said recently really puts the Lion story into perspective:
''These systems tend to be very high grade''
According to Terry, analyst ranges on Lion are currently estimated somewhere around:
📍4.25% to 7% CuEq
He explained it simply:
⛏️ Potentially $600 to $1,000 rock
⚙️ Estimated processing costs around ~$60 rock
That’s why high grades matter.
Less material moved.
Less infrastructure.
Less energy.
Potentially very strong margins.
Now combine that with:
🌎 ~330 km² land package
📍~50 km of prospective basin margins
⚡ Hydro-Québec infrastructure nearby
🛣️ Strong road access
⚙️ Strong SGS metallurgy recoveries already demonstrated
And you start to understand why Power Metallic aggressively consolidated land around the original discoveries early.
The Lion story is evolving into something much larger than a typical single-zone discovery.
$PNPN $PNPNF
We’ve continued stacking multiple major pieces of the Nisk-Lion-Tiger story together. 👇
🦁 New Lion intercepts returned:
* 4.07m @ 8.73% CuEq
* 10.30m @ 4.04% CuEq
⚙️ SGS metallurgy continued delivering exceptionally strong recoveries, even on lower-grade disseminated material.
🌎 We also significantly expanded the exploration program with:
🛰️ Muon Tomography
🧲 SQUID surveys
🌍 Gravity surveys
📡 Ambient Noise Tomography (ANT)
💰 The financing was upsized from C$25M to C$30M following strong investor demand.
As Terry Lynch explained, our technical team strongly believed the broader Nisk system could evolve into a district-scale orthomagmatic camp with potential for multiple deposits across a large mineralized corridor.
That’s a major reason why we aggressively expanded the land package.
Today, Power Metallic controls roughly:
📍330 km²
📍~50 km of prospective basin margins
And the roadmap continues accelerating:
⛏️ 30,000m+ drilling underway
📊 MRE targeted for July
📈 PEA work expected to follow
🏛️ Nasdaq / NYSE
$PNPN $PNPNF
Power Metallic upsizes its LIFE offering to C$30M on strong investor demand. Funds will drive the Nisk Project in Quebec and Jabal Baudan in Saudi Arabia forward.
Read more to find out what this means for the company: https://t.co/O0Tzx4KdCh
Key points from Terry’s update in Europe today:
* Financing upsized from 25 Million to $30
* New institutional participation
* Additional billionaire investors entering the story
* MRE targeted for July
* PEA targeted for December
* Nasdaq listing pathway targeted for the fall
Terry says when the market expects a financing, investors often wait on the sidelines.
The goal here was straightforward:
remove that uncertainty and position Power Metallic to execute directly into multiple potential re-rating catalysts over the coming months.
Alongside continued Lion Zone expansion, high-grade drilling and strong SGS metallurgy recoveries, the broader Nisk-Lion-Tiger story continues to evolve rapidly.
$PNPN $PNPNF
Power Metallic Mines Announces Brokered LIFE Offering for Gross Proceeds of up to C$25 Million:
https://t.co/Xq53tB69pT
Power Metallic CEO Terry Lynch says this week’s metallurgy results could be a major factor for the upcoming MRE.
Why?
Even lower grade material delivered stronger recoveries than expected, potentially supporting lower cutoff grades and stronger future mine economics.
Alongside continued high-grade near-surface intercepts, yesterday’s results add another important layer to the Lion story. $PNPN $PNPNF
What if you could invest in a miner backed by industry giants, operating in one of the safest jurisdictions in the world, with a world-class polymetallic asset? That’s exactly why we hold @PowerMetallic (TSXV: PNPN) in our Rocklinc Partners Fund and some of our clients' segregated portfolios. We see asymmetric upside here as the company aggressively proves out its massive resource. Recently I sat down with CEO Terry Lynch to discuss his company. We took a deep dive into their incredible high-grade exposure to copper, nickel, PGEs, silver, and gold, and what the next phase of drilling means for shareholders. Enjoy. To listen to the interview click on the link. @terrybali
They Hit the Jackpot! | CEO Interview ft. Terry Lynch @PowerMetallicINC ... https://t.co/stVjAORhhL via @YouTube
Power Metallic VP of IR Duncan Roy discusses the Lion Zone Cu-PGE discovery in Quebec, ongoing drilling, and upcoming milestones. Watch the full IIF presentation: https://t.co/uDDQPq7y1U
CEO Terry Lynch explains how Muon tomography is now being used at Nisk to accelerate discovery targeting across the district:
🦁 Lion Zone continues expanding
🌎 ~330 km² land package
📈 MRE accelerated to Q3 2026
🧪 ~95% recoveries reported in metallurgy
“We’ve largely explored about one square kilometer.”
$PNPN.V $PNPN
🎥 Full interview below
@PowerMetallic CEO Terry Lynch discusses breakthrough metallurgy results and project potential:
“The metallurgy results were a major turning point for us. Using run-of-mine material in a state-of-the-art lock cycle test, the recoveries came back far beyond expectations and reinforced our belief that this project has the makings of a real mine.”
📺 Watch here: https://t.co/5bPxTMc06o
📖 Read here: https://t.co/WKo5sH9kFo
Saudi Arabia is not just a side project for us.
Four years ago, Nisk was an idea.
Today, it has evolved into one of the most exciting emerging polymetallic discovery systems in the sector.
We see Saudi Arabia through a similar lens.
This morning, Power Metallic announced a strategic alliance and joint venture framework with Amaar Mining to pursue future mining license opportunities in the Kingdom.
Key highlights:
* 50/50 ownership economics
* Power Metallic as technical lead
* Amaar Mining as local strategic partner
* On the first approved US$10M work program, Power Metallic contributes US$2.5M while Amaar contributes US$7.5M - while maintaining 50/50 ownership economics
Jabal Baudan is only the beginning.
We look forward to providing additional updates from Saudi Arabia as the strategy continues to evolve.
📲 Not signed up for Power Metallic SMS Alerts yet? Don’t miss the updates!:
$PNPN.V $PNPNF
👉 Tap https://t.co/9bWZCIFT0a (autofill “PNPN & SEND”)
Our timeline is becoming increasingly clear.
✅No rollback planned
✅NYSE/NASDAQ Pathway Underway
✅MRE targeted for late July
✅PEA expected in December
✅∼ 40,000m Left to drill
Current drilling has primarily focused on the upcoming MRE.
Starting this summer, exploration drilling ramps back up at Lion and Nisk as we continue targeting:
* Additional Lion-style discoveries
* The potential feeder/parent system beneath the district
Meanwhile, assay flow is expected roughly every 3–4 weeks.
With the MRE, PEA and ongoing exploration all converging within the same cycle, 2026 is shaping up to be a transformational year for the project.
📲 Not signed up for Power Metallic SMS Alerts yet?
Don’t miss the updates!
👉Tap https://t.co/9bWZCIFT0a (autofill “PNPN & SEND”)
$PNPN $PNPNF
Our timeline is becoming increasingly clear.
✅No rollback planned
✅NYSE/NASDAQ Pathway Underway
✅MRE targeted for late July
✅PEA expected in December
✅∼ 40,000m Left to drill
Current drilling has primarily focused on the upcoming MRE.
Starting this summer, exploration drilling ramps back up at Lion and Nisk as we continue targeting:
* Additional Lion-style discoveries
* The potential feeder/parent system beneath the district
Meanwhile, assay flow is expected roughly every 3–4 weeks.
With the MRE, PEA and ongoing exploration all converging within the same cycle, 2026 is shaping up to be a transformational year for the project.
📲 Not signed up for Power Metallic SMS Alerts yet?
Don’t miss the updates!
👉Tap https://t.co/9bWZCIFT0a (autofill “PNPN & SEND”)
$PNPN $PNPNF
I want to address something I keep hearing from investors: "Are you going to consolidate?"
No.
Here's what's actually happening.
We've applied for the NYSE, and we're through the pathway. We were hoping the stock would naturally get to $2 USD, which it honestly should have after our met results. But it hasn't, and I think consolidation fear is part of what's holding people back.
So let me be clear: if you're waiting for a rollback discount, that trade doesn't exist.
We're releasing our Mineral Resource Estimate in Q3 - probably July. Then the PEA comes end of Q4. Those are the catalysts. NYSE listing follows once the PEA is out.
We're going to New York on strength, not on financial engineering.
MRE in July. PEA end of Q4. NYSE after that. 65,000m of drilling in between.
$PNPN $PNPNF $IVV1
.@PowerMetallic engaged Ideon Technologies to deploy a borehole muon tomography imaging program at the Lion zone. The Ideon REVEAL™ platform detects cosmic-ray muons to construct high-resolution 3D density models of the subsurface. The program will run in two phases: first, the density model will be validated against $PNPN.V's existing 100+ hole drill dataset at Lion, the calibrated mineralization fingerprint will then be applied to rank deep targets across the 330km² Nisk land package, specifically those sitting below the ~200m detection limit of conventional surface geophysics. Details: https://t.co/ulV92StUrs
I want to address something I keep hearing from investors: "Are you going to consolidate?"
No.
Here's what's actually happening.
We've applied for the NYSE, and we're through the pathway. We were hoping the stock would naturally get to $2 USD, which it honestly should have after our met results. But it hasn't, and I think consolidation fear is part of what's holding people back.
So let me be clear: if you're waiting for a rollback discount, that trade doesn't exist.
We're releasing our Mineral Resource Estimate in Q3 - probably July. Then the PEA comes end of Q4. Those are the catalysts. NYSE listing follows once the PEA is out.
We're going to New York on strength, not on financial engineering.
MRE in July. PEA end of Q4. NYSE after that. 65,000m of drilling in between.
$PNPN $PNPNF $IVV1