Power Metallic Mines Inc Stock Price, News & Analysis

Power Metallic (TSXV: PNPN) will present a live virtual corporate update hosted by Red Cloud Financial Services on December 3, 2025 at 2:00 PM ET. The presentation will cover an update on Power Metallic and the NISK project and commodities including copper, PGEs, gold, silver, and nickel.

Shareholders and interested parties may register for the webinar; a replay will be emailed to registrants and posted on the Red Cloud website.

Power Metallic Mines (TSXV: PNPN / OTCBB: PNPNF) announced the results of its Annual General and Special Meeting held November 20, 2025 in Toronto.

Shareholders approved all items including the election of Terry Lynch, Peter Kent, Les Mallard, Greg McKenzie, Steve Beresford and Seamus O'Regan as directors, appointment of auditor MNP LLP, approval of an Omnibus Equity Incentive Plan (replacing the prior stock option plan to permit RSUs, DSUs and PSUs) and an amendment to give the board chair a casting vote. Just over 31% of issued common shares were voted. The company is advancing its NYSE listing application and, after completion of the Q3 financial review, expects to provide an update in early January 2026.

Power Metallic (TSXV: PNPN) reported results from its 2025 summer drill campaign and spring Lion zone program, including a total of 17,250 metres drilled across multiple targets and five returned Lion holes.

Key assay highlights: PML-25-015 returned 28.00 m @ 4.28% CuEq (including 1.90 m @ 17.68% CuEq); PML-25-020 returned 22.66 m @ 4.57% CuEq including 6.05 m @ 9.70% CuEq; PML-25-014 intersected 9.44 m @ 1.01–1.46% CuEq in the disseminated zone. All drilled holes hit sulphide-bearing structures and many received BHEM surveys. The company also bid on newly available Quebec lands and expects bid registration within 30–90 days.

Power Metallic (TSXV: PNPN / OTCBB: PNPNF) reported summer 2025 drill results that extend and infill the Lion zone and outline targets between Lion and Tiger. Key assays include 5.35 m @ 16.35% CuEqRec (within 6.85 m @ 13.15% CuEqRec) in hole PML-25-022 and 5.90 m @ 10.43% CuEqRec within 27.50 m @ 2.75% CuEqRec in PML-25-023. The company expanded its land package >600% to 313 km2 from 46 km2 and prioritized BHEM anomalies at Tiger Deep and re-entry of PN-24-064. Commercial marketing retainers announced total up to US$318,000 + €84,817 with related option grants subject to TSXV approval. A qualified person (Joseph Campbell, P.Geo) reviewed the technical disclosure.

Power Metallic (TSXV: PNPN / OTC: PNPNF) has contracted SGS Canada to perform preliminary metallurgical testing on the Lion deposit, with work at Quebec City and Lakefield labs.

Sampling used drill core rejects: HG (103 samples, ~300 kg) and LG (99 samples, ~300 kg). SGS will make 75 kg composites per zone, produce three 50 kg test composites (HG, LG, 50/50 blended), and run flotation plus analyses for Cu, Pd, Pt, Au, Ag, Ni. Tests may include other PGEs if indicated. Testing is expected to take ~14 weeks with final reporting not before January 2026.

Power Metallic (OTCBB: PNPNF) has reported significant high-grade assay results from its summer drilling program at the Lion Zone. The program completed 34 holes totaling 17,250 meters across multiple areas. Notable intersections include 22.66 meters of 4.57% CuEq in Hole 020 and 28.0 meters of 4.28% CuEq in Hole 015.

The summer campaign targeted several areas including Lion Extensional Drilling (3,929m), Lion In-fill drilling (5,845m), Tiger Area (2,067m), Nisk Deposit (3,575m), and Regional Exploration (1,833m). The company has implemented infrastructure improvements, including a drill mat road with bridged stream crossings, enabling year-round access to the Lion area.

Additionally, Power Metallic announced expanded mining rights near the Lion Zone discovery through a Quebec government land allocation process, with pending results expected in 30-90 days.

Power Metallic Mines (OTCBB: PNPNF) has announced the appointment of Seamus O'Regan, former Canadian Minister of Energy & Natural Resources, to its Board of Directors. O'Regan brings extensive experience in government affairs, particularly in critical minerals and Indigenous services.

The company is advancing its Nisk polymetallic discovery in Nemaska, Quebec, which aims to become the world's first carbon-neutral polymetallic mine. The project focuses on critical minerals including Copper, Platinum, Palladium, Gold, Silver, and Nickel.

Power Metallic is currently executing a 100,000-meter drill program with four active rigs and plans to add a fifth rig in September. The company has granted 1,150,000 incentive stock options at $1.45 per share to O'Regan and certain officers.

Power Metallic Mines (OTCBB:PNPNF) has announced encouraging preliminary mineralogy results from its Lion Zone deposit. The company's detailed microscopic scans, conducted by IOS Geosciences, reveal that copper mineralization is present in coarse-grained chalcopyrite and cubanite, which should respond well to conventional sulphide concentration methods.

The study shows that PGE minerals are primarily associated with chalcopyrite and cubanite, suggesting potential for efficient recovery in copper concentrate. The identified PGE minerals include stannopalladinite, froodite, and merenskyite, similar to those found in Sudbury basin and Norilsk deposits. The mineralogy testing is expected to be completed by the end of summer, followed by initial scoping-level metallurgical testing.

Power Metallic Mines (OTCBB: PNPNF) has successfully completed the acquisition of 313 mineral claims totaling 167 km² from Li-FT Power (OTCQX: LIFFF). The transaction involves a $700,000 cash payment and the issuance of 6 million common shares to Li-FT.

The acquired claims are adjacent to Power Metallic's 45.86km² Nisk property, expanding their total land position to ~212.86 km² in the Nisk camp. This strategic acquisition secures approximately 20 km of strike on the northern basin margin and 30 km on the southern margin, encompassing the Nisk, Lion, and Tiger discoveries.

Li-FT retains a 0.5% NSR on all acquired claims. The company also announced the appointment of MNP LLP as its new PCAOB-registered auditor to support potential senior exchange listings.