Member Posts > Power Metallic Mines Inc. (TSXV: PNPN | OTCBB: PNPNF | Frankfurt: IVV): Building the Future of Essential Mineral Resources
Power Metallic Mines Inc. (TSXV: PNPN | OTCBB: PNPNF | Frankfurt: IVV) is a Canadian junior mining company strategically positioned to meet the increasing global demand for critical minerals. Formerly known as Power Nickel Inc., the company rebranded on February 21, 2025, to reflect its diversified portfolio beyond nickel.
Flagship Asset: The NISK Project
Located in Nemaska, Quebec, the NISK project is a high-grade polymetallic deposit containing:
🔷 Nickel - Essential for stainless steel & electric vehicle batteries
🔷 Copper - Driving the global electrification boom
🔷 Platinum & Palladium - Used in catalytic converters & fuel cells
🔷 Cobalt - A key battery metal
🔷 Gold & Silver - Strategic investment assets
Why NISK Stands Out
✔ Close to critical infrastructure - Highways, airports, & low-carbon hydroelectric power
✔ Shallow mineral depth - Lower operational costs & environmental impact
✔ Ultramafic tailings - Supports carbon sequestration potential for net-zero mining
Expanding a Strong Portfolio
In addition to NISK, Power Metallic Mines Inc. is developing assets across Canada and Chile, including:
✅ Copaquire (Chile) - A copper & molybdenum project with NI 43-101-compliant resources
✅ Golden Ivan (British Columbia) - Located in the Golden Triangle, a world-renowned mining region
✅ Palo Negro Hornitos, Tierra de Oro, & Zulema (Chile) - Exploration projects targeting high-value minerals
Financial Strength & Growth Potential
💰 $50M Private Placement Completed - February 27, 2025
📈 Recognized as a Top 50 TSX Venture Performer (2024) - Achieved 365% share growth

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