In this episode, Michael Fox is joined by Dr. Steve Beresford, director and technical advisor to Power Metallic (formerly Power Nickel) (TSX-V: PNPN) (OTCBB: PNPNF) (FRA: IVV). He discusses the company’s Nisk project in Quebec, focusing on the Lion prospect. The Lion discovery is a rare polymetallic deposit containing high-grade copper, platinum group elements, gold, and silver. Steve explains that polymetallic deposits are economically significant due to their multiple payable metals and enrichment processes. He compares Lion to other known polymetallic deposits worldwide and outlines the company’s exploration plans, which include stepping out and drilling deeper to determine the deposit’s size and zoning from copper-rich to nickel-rich areas. Steve mentions that metallurgical test results are expected this year, and investors can follow updates on the company’s website and social media channels.
About Power Metallic Inc.
Power Metallic is a Canadian exploration company focusing on developing the High-Grade Nickel Copper PGM, Gold and Silver Nisk project into Canada’s next poly metallic mine.
On February 1, 2021, Power Metallic (then called Chilean Metals) completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corp. (CRE: TSXV).
The NISK property comprises a large land position (20 kilometres of strike length) with numerous high-grade intercepts. Power Metallic is focused on expanding the high-grade nickel-copper PGM, Gold and Silver mineralization with a series of drill programs designed to evaluate the initial Nisk discovery zone, the Lion discovery zone and to explore the land package for adjacent potential poly metallic deposits.
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