Member Posts > Power Metallic Inc. (TSXV: PNPN | OTCBB: PNPNF | Frankfurt: IVV) is Expanding Nickel & Copper Resources at NISK for a Clean Energy Future
Power Metallic Inc. (TSXV: PNPN | OTCBB: PNPNF | Frankfurt: IVV) is developing the NISK Project, a high-value nickel-copper sulphide deposit enriched with cobalt, palladium, and platinum. The project, located in Quebec, Canada, is well-positioned to support the EV battery and clean energy industries.
Project Highlights
📍 Location: 55 km east of Nemaska, spanning 4,589 hectares
🛣️ Access: Route du Nord + secondary roads & trails
🔹 Ownership: 50% secured; option to increase to 80%
Exploration & Growth
🚀 2021: 2,394m drilled
🚀 2022: 4,973m drilled
🚀 2024: Lion Zone expansion & geophysical surveys
Mineral Resource Estimate (2023 MRE)
✔ Indicated: 5.4M tonnes @ 1.07% NiEq
✔ Inferred: 1.79M tonnes @ 1.35% NiEq
Sustainability & Investment
🌍 Carbon-neutral drilling with Karbon-X offsets
💰 $20M investment secured (June 2024)

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