Member Posts > Power Metallic Inc. (TSXV: PNPN | OTCBB: PNPNF | Frankfurt: IVV) Strengthening the North American Battery Metals Supply Chain
Power Metallic Inc. is developing the NISK Nickel-Copper Project in Quebec, Canada, a critical source of battery metals for the growing EV and renewable energy sectors.
Key Highlights
• 50% ownership, with an option to increase to 80%.
• Located in a proven mining jurisdiction with strong infrastructure.
• Year-round accessibility and road networks support logistics and operations.
Mineral Resource Estimates (2023 MRE)
• Indicated: 5.4 million tonnes @ 1.07% NiEq.
• Inferred: 1.79 million tonnes @ 1.35% NiEq.
Investment & Growth Strategy
• $20 million in secured capital (June 2024) to fund ongoing exploration and expansion.
Conclusion
With a robust resource base and strong financial support, Power Metallic's NISK Project is positioned to be a key supplier of critical minerals in North America's clean energy sector.
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