Power Metallic Mines Inc. · TSXV:PNPN
Power Metallic Mines — Power Nickel — Investor Presentation (March 2022)
31 slides from Power Metallic Mines's investor presentation, March 2022
Slide 1: Canada’s Next Nickel Mine?
Power Nickel Canada’s Next Nickel Mine? Mar 2022 TSXV:PNPN powernickel.com 1
Slide 2: Disclaimer
Disclaimer Forward Looking Statements Except for historical information contained herein, this presentation may contain forward looking statements including but not limited to comments regarding predictions and projections. Forward looking statements address future events and conditions and therefor
Slide 3: Why Invest now?
Why Invest now? Trading at Deep Commodity Bull High Grade Nickel Discount to Comps Market is Here! Copper Cobalt PGE Nisk Project Nickel is New Gold Bonus Spin Out Nisk Results Q3 2022 New 43-101 Q2/22 TSXV:PNPN powernickel.com 3
Slide 4: Extremely Undervalued Compared to Peers
Extremely Undervalued Compared to Peers MarketCap /pounds of Resource Company Symbol NiEq % Deposit Market Cap Nieq size Power Nickel PNPN 1.7 $ 24,750,000 0.213,091,000 Talon Metals TLO 2.1 $ 975,000,000 1.8611,089,000 Class1 Nickel NICO 1.5 $ 34,750,000 0.313,261,900 EVNi EVNi 1$ 6,000,000 0.32838
Slide 5: Time to Switch to Commodity Based Investments
Time to Switch to Commodity Based Investments TSXV:PNPN powernickel.com 5
Slide 6: Save Canadian Mining – Stopping Predatory Short Selling
Save Canadian Mining – Stopping Predatory Short Selling www.SaveCanadianMining.com TSXV:PNPN powernickel.com 6
Slide 7: NISK - Game Changer Acquisition
NISK - Game Changer Acquisition Historical 43-101 Resource • Measured resource: 1,255,000 tonnes at 1.09% Ni; 0.56% Cu; 0.07% Co; 1.11 g/t Pd and 0.20 g/t Pt; • Indicated resource: 783,000 tonnes at 1.00% Ni; 0.53% Cu; 0.06% Co; 0.91 g/t Pd and 0.29 g/t Pt; • Inferred resource: 1,053,000 tonnes at 0
Slide 8: NISK- EV Sector Driving Nickel Demand
NISK- EV Sector Driving Nickel Demand TSXV:PNPN powernickel.com 8
Slide 9: NISK - Not All Nickel Works for EV
NISK - Not All Nickel Works for EV TSXV:PNPN powernickel.com 9
Slide 10: NISK - The Right Nickel To Satisfy Demand
NISK - The Right Nickel To Satisfy Demand Sources: TSXV:PNPN powernickel.com 10
Slide 11: Nisk – Located in a Mining Active Region
Nisk – Located in a Mining Active Region Galaxy Resources James Bay Indicated Resources: 40,300,000 tonnes; 1.40% Li2O(1) CRITICAL (3) ELEMENTS LITHIUM CORPORATION Rose Deposit Probable Reserves: 26.8 M tonnes: 0.96% Li2O Eq. or 0.85% Li2O and 133 ppm Ta2O5 Indicated Resources : 30.0 M tonnes; 1.04%
Slide 12: NISK – Deposit is Open at Depth and along Strike
NISK – Deposit is Open at Depth and along Strike Sources MERNQ: DP 2001-08 (1) MERNQ Statutory reports: GM 16857, GM 25001, GM 47653, GM 63212, GM 63867, GM 636372, GM 66769 TSXV:PNPN powernickel.com 12
Slide 13: NISK – %Ni Grade x Thickness
NISK – %Ni Grade x Thickness Multiple Open Targets to the East, West and at Depth 700 m 375 m 450 m 975 m 625 m sfc Nisk West Nisk West Nisk East Extension Gap Extension Open 500 m Open - 500 m Open Nisk Central Deep Grade x Thickness (%Ni x m) 0.5 km Looking NW Dark red corridor highlighting High G
Slide 14: NISK – Historic Highlight Drillholes
NISK – Historic Highlight Drillholes TF-79-11 TF-30-07 TF-04-07 TF-62-08 0.68% Ni/0.8m 0.90% Ni/8.0m 0.93% Ni/11.0m 0.93% Ni/6.0m TF-24-07 TF-33-07 0.92% Ni/10.5m 1.43% Ni/3.0m sfc TF-61-08 0.98% Ni/5.5m TF-47-07 1.03% Ni/8.0m - 500 m TF-71-10 1.52% Ni/4.4m TF-80-11 TF-34-07 TF-57-08 TF-56-08 0.47%
Slide 15: NISK – 2021 Highlight Drillholes
NISK – 2021 Highlight Drillholes TSXV:PNPN powernickel.com 15
Slide 16: NISK – Proposed Target Evaluation
NISK – Proposed Target Evaluation P_2021_010 P_2021_014 P_2021_016 P_2021_008 P_2021_011 P_2021_009 P_2021_015 P_2021_006 P_2021_002 P_2021_003 P_2021_017 sfc Open P_2021_012 Open P_2021_013 - 500 m Open High (Phase A) DP_2021_022 Moderate P_2021_002 P_2021_004 P_2021_007 P_2021_018 Low P_2021_005 V
Slide 17: NISK – Regional Magnetics
NISK – Regional Magnetics “Wildcat” Target Nisk Main Nisk West “Wildcat” Target 3 km TSXV:PNPN powernickel.com 17
Slide 18: NISK – Action Plan
NISK – Action Plan 1. Publish final set of drill results - March 2. Update 3D model prepare 43-101 and optimize Phase 2 exploration plans.- Now 3. Release Updated 43-101 – Early Q2 4. Phase 2 Drilling 50% of budget on continuing expansion of Nisk Main – Late Q2 5. Exploration drilling of Nisk West,
Slide 19: Plan of Arrangement Action Plan
Plan of Arrangement Action Plan 1. Spinco - Consolidation Gold & Copper – All BC + Chile Assets + 1yr Capital 2. Current Shareholders will get 20%, Power Nickel to keep 80%. 3. Shareholders to receive 1 share of Consolidated Gold and Copper per each 25 shares of Power Nickel 4. Approximately 16.8 Mi
Slide 20: Bonus – Proposed Public Spinoff
Bonus – Proposed Public Spinoff Consolidation Gold & Copper British Columbia Chile TSXV:PNPN powernickel.com 20
Slide 21: Golden Triangle
Golden Triangle To date, more than 130 million ounces of gold, 800 million ounces of silver and 40 billion pounds of copper have been discovered in British Columbia's Golden Triangle. (INN-2020) TSXV:PNPN powernickel.com 21
Slide 22: Golden Ivan is in Discovery Zone
Golden Ivan is in Discovery Zone TSXV:PNPN powernickel.com 22
Slide 23: Golden Ivan – Surface Rock Results
Golden Ivan – Surface Rock Results TSXV:PNPN powernickel.com 23
Slide 24: Ascot Mine Announcement Major Positive
Ascot Mine Announcement Major Positive Strikepoint - $25 M Scottie Resources - $40 M Power Nickel - $14 M TSXV:PNPN powernickel.com As of Mar 1/2021 24
Slide 25: Where are we in Chile?
Where are we in Chile? Mantos Blancos >500Mt @ 1.0% Cu 30 km Manto Verde 180Mt @ 0.60% Cu oxide, >400Mt @ 0.52% Cu sulfide Candelaria 600Mt @ 0.95% Cu, 0.2 g/t Au, 3.0 g/t Ag Zulema LEGEND Palo Negro Chilean Metals Property Hornitos IOCG Mine Tierra de Oro Copper Mine/ Deposit IOCG Belt Tabaco Fault
Slide 26: Zulema – New Confirmed Geophysical Targets
Zulema – New Confirmed Geophysical Targets Conducting New Magnetics Over Circle Area For Lundin Review TSXV:PNPN powernickel.com 26
Slide 27: Bonus – Copaquire Royalty with Teck
Bonus – Copaquire Royalty with Teck ✓ Teck Acquired Copaquire acquires for $3 Million USD + a 3% NSR ✓ Teck Acquired Copaquire with two NI 43-101 Resources…10k’s away from QB1 Xstrata/Anglo Codelco ✓ Teck and Collahuasi are collaborating on developments between QB and Collahuasi Xstrata/ Codelco Sul
Slide 28: Experienced Team
Experienced Team Greg McKenzie Terry Lynch Peter Kent Director CEO Chairman Ximena Perez, Les Mallard MD Chile Director TSXV:PNPN powernickel.com 28
Slide 29: Current Capital Structure
Current Capital Structure Total Shares Issued 84,236,273 Exchange Market Traded Fully Diluted 111,105,309 Toronto (TSX-V) Symbol “PNPN” Santiago (SSE) Symbol “CMX” Warrants Issued ($.15- $.45 with average $.22) 19,858,036 USA (PS) Symbol “CMETF” Options Issued ($.15-$.45 7,011,000 MILA Symbol “CMX”
Slide 30: Ten Reasons to Invest in PNPN Now.
Ten Reasons to Invest in PNPN Now. 1. Power Nickel drill results indicate major nickel sulphate discovery 2. Additional results are pending 3. Updated 43-101 will be Published in early Q2 4. Exploration Modelling of NISK suggests it has great potential for expansion. 5. Battery Metals are hot - Nick
Slide 31: Powering the next generation With HIGH-GRADE NICKEL
“Powering the next generation With HIGH-GRADE NICKEL” Canada Power Nickel Terry Lynch,CEO Email: terry@powernickel.com Investor Relations Contact – Bob Heimler – 437-238-1962 Bob@powernickel.com MarTSXV:PNPN 2022 TSX.V: PNPN, OTCBB: CMETF, MILA: CMX, BER: IVVN powernickel.com powernickel.com 31