Power Metallic Mines Inc. · TSXV:PNPN
Power Metallic Mines — Power Nickel — Investor Presentation (July 2022)
36 slides from Power Metallic Mines's investor presentation, July 2022
Slide 1: Canada's Next Low Carbon High Grade Nickel Mine
Canada’s Next Low Carbon High Grade Nickel Mine Q2 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? New 43-101 Q3/22 Trading at Deep Commodity Bull New Drill Program Discount to Comps Market is Here! Early - Q3 High Grade Nickel Bonus Spin Out Nickel is New Gold Copper Cobalt PGE Q4 2022 Nisk Project TSXV:PNPN powernickel.com 3
Slide 4: Quebec Canada A Top Tier Location
Quebec Canada A Top Tier Location TSXV:PNPN powernickel.com 4
Slide 5: Promising Initial N43-101 Resource
Promising Initial N43-101 Resource Cut-off Grade Material Content Scenario Classification NiEq Mass NiEq Ni Cu Co Pt Pd Au Ag NiEq (%) (t) (%) (%) (%) (%) (g/t) (g/t) (g/t) (g/t) (t) Indicated 0.33 894,100 0.87 0.53 0.32 0.03 0.08 0.47 0.04 2.05 7,800 Open Pit Inferred 0.33 67,000 1.04 0.62 0.34 0.0
Slide 6: Time to Switch to Commodity Based Investments
Time to Switch to Commodity Based Investments TSXV:PNPN powernickel.com 6
Slide 7: Extremely Undervalued Compared to Peers
Extremely Undervalued Compared to Peers MarketCap/pounds Company Symbol NiEq % Deposit Market Cap of Nieq Resource size Power Nickel PNPN 1.25 $ 11,375,000 0.06 3,992,400 Talon Metals TLO 2.1 $ 517,000,000 0.99 11,089,000 Class1 Nickel NICO 1.5 $ 20,500,000 0.18 3,261,900 EVNi EVNi 1$ 6,000,000 0.31
Slide 8: Please Mine More Nickel- Elon Musk
Please Mine More Nickel- Elon Musk TSXV:PNPN powernickel.com 8
Slide 9: Three Ways To Grow Shareholder Value
Three Ways To Grow Shareholder Value 1. Get paid more $ per Pound of NIEQ Discovered (3-15X) • Most unknown Nickel resource as we get exposure gap will close • As we approach a commercial quantity and quality of ore we will get paid more • As we de-risk metallurgy we will get paid more • As we de-ri
Slide 10: Isometric View of Main Pod
Isometric View of Main Pod Isometric view of the 2022 Nisk Project Mineral Resource Estimate, showing both the open pit constrained resources (using a cut-off grade of 0.33 %NiEq) and the underground constrained resources (at a cut-off grade of 0.91 %NiEq). TSXV:PNPN powernickel.com 10
Slide 11: Isometric View of Main Pod with Indicated and Inferred
Isometric View of Main Pod with Indicated and Inferred Isometric view of the 2022 Nisk Project Mineral Resource Classification, showing both the constrained resources (using a cut-off grade of 0.33 %NiEq) and the underground constrained resources (at a cut-off grade of 0.91 %NiEq). TSXV:PNPN powerni
Slide 12: NISK – String of Pearls ?
NISK – String of Pearls ? “Wildcat” Target km 1.9 Nisk Main Nisk West “Wildcat” k m Target 3.6 km 1.85 3 km TSXV:PNPN powernickel.com 12
Slide 13: 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 14: NISK – Action Plan
NISK – Action Plan 1. Phase 2 Drilling 5000 Metres Fully Funded 2. Expand Resource and Test Exploration of New Pods- Nisk West Wildcat East/West 3. Release Results Late Q3 4. Secure Additional Funding in Market or Via Strategic Partner in Nisk 5. Update Exploration Model 6. Initiate 15,000 Metre Pha
Slide 15: Bonus – Proposed Public Spinoff
Bonus – Proposed Public Spinoff Consolidation Gold & Copper British Columbia Chile TSXV:PNPN powernickel.com 15
Slide 16: Golden Ivan is in Discovery Zone
Golden Ivan is in Discovery Zone TSXV:PNPN powernickel.com 16
Slide 17: Golden Ivan – Surface Rock Results
Golden Ivan – Surface Rock Results TSXV:PNPN powernickel.com 17
Slide 18: Ascot Mine Announcement Major Positive
Ascot Mine Announcement Major Positive Strikepoint - $12 M Scottie Resources - $38 Power Nickel - $9 M M TSXV:PNPN powernickel.com As of July 19 2022 18
Slide 19: 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 Copper Oro Mine/ Deposit IOCG Belt Tabaco Fault
Slide 20: Zulema – New Confirmed Geophysical Targets
Zulema – New Confirmed Geophysical Targets Conducting New Magnetics Over Circle Area For Lundin Review TSXV:PNPN powernickel.com 20
Slide 21: 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 22: Experienced Team
Experienced Team Greg McKenzie Terry Lynch Peter Kent CEO Chairman Director Ximena Perez, Les Mallard MD Chile Director TSXV:PNPN powernickel.com 22
Slide 23: Current Capital Structure
Current Capital Structure Total Shares Issued 91,156,898 Exchange Market Traded Fully Diluted 105,035198 Toronto (TSX-V) Symbol “PNPN” Santiago (SSE) Symbol “CMX” Warrants Issued (with average $.44) 5,511,300 USA (PS) Symbol “CMETF” Options Issued ($ with 8,365,000 MILA Symbol “CMX” average $.28) 52
Slide 24: Ten Reasons to Invest in PNPN Now.
Ten Reasons to Invest in PNPN Now. 1. Power Nickel drill results indicate major nickel sulfide discovery 2. Trading at Deep Discount to Peer Group 3. Updated 43-101 provides excellent base to grow 4. Engaged new fully funded 5,000 Metre program to start early of Q3 5. Exploration Modelling of NISK s
Slide 25: 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 Business Development Contact – Bob Heimler – +1 (437) 238-1962 Bob@powernickel.com Investor Relations Contact – Ted Heimler Ted@powernickel.com Q2TSXV:PNPN 2022 TSX.V: PNPN, OTCBB:
Slide 26: Appendix
Appendix TSXV:PNPN powernickel.com 26
Slide 27: Assumptions to N43-101
Assumptions to N43-101 1. The Independent Qualified Persons for the purposes of this Mineral Resource Estimate (MRE), as defined in NI 43-101, are Kenneth Williamson, P.Geo.. (OGQ # 1490) and Matthew DeGasperis, P.Geo. (OGQ # 2261), of Solution 3DGéo inc. The effective date of the estimate is May 17
Slide 28: Save Canadian Mining – Stopping Predatory Short Selling
Save Canadian Mining – Stopping Predatory Short Selling www.SaveCanadianMining.com TSXV:PNPN powernickel.com 28
Slide 29: 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 29
Slide 30: 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 31: NISK – 2021 Highlight Drillholes
NISK – 2021 Highlight Drillholes TSXV:PNPN powernickel.com 31
Slide 32: NISK- EV Sector Driving Nickel Demand
NISK- EV Sector Driving Nickel Demand TSXV:PNPN powernickel.com 32
Slide 33: NISK - Not All Nickel Works for EV
NISK - Not All Nickel Works for EV TSXV:PNPN powernickel.com 33
Slide 34: NISK - The Right Nickel To Satisfy Demand
NISK - The Right Nickel To Satisfy Demand Sources: TSXV:PNPN powernickel.com 34
Slide 35: 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 18 Mill
Slide 36: 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 36