Power Metallic Mines Inc. · TSXV:PNPN
Power Metallic Mines — Power Nickel — Investor Presentation (May 2023)
29 slides from Power Metallic Mines's investor presentation, May 31, 2023
Slide 1: The World's First Carbon Neutral Nickel Mine
TSX.V: PNPN | OTC: PNPNF | FRA: IVVI powernickel.com The World’s First Carbon Neutral Nickel Mine May 31,2023
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? Macro and Micro Have Alligned!
Why Invest now? Macro and Micro Have Alligned! 1. Commodities – Its Time 1. Multple X’s Near Term Upside 2. Electrification- Green- 2. Drill results every 4-6 weeks Massive Commitments 3. New 43-101 Q3 3. IRA- Drives NA Supply 4. New pods TBD – Lynn Lake or 4. Government Incentives Voisey’s Bay ?. 3
Slide 4: Quebec Canada A Top Tier Location
Quebec Canada A Top Tier Location 4
Slide 5: NISK – World's First Carbon Neutral Nickel Mine?
NISK – World’s First Carbon Neutral Nickel Mine? 1. Offset Drilling CO2 – Done – Karbon X – Verra Certified 2. Utilize Green Hydro Power to Provide Energy For Mining - Planned 3. Use Environmentally Friendly Processing Design- Planned 4. Ultramafic Tailings Naturally Sequester CO2- Verification TBD
Slide 6: NISK – Historical 43-101
NISK – Historical 43-101 Table -1: Historical Resource Estimate figures for respective confidence categories After RSW Inc 2009: Resource Estimate for the NISK-1 Deposit, Lac Levac Property, Nemiscau, Québec The information regarding the NISK-1 deposit was derived from the technical report titled “R
Slide 7: NISK – Drill Results Dec 2021 Campaign
NISK – Drill Results Dec 2021 Campaign
Slide 8: 2022 Fall Drilling and 2023 Winter Drilling Program
2022 Fall Drilling and 2023 Winter Drilling Program
Slide 9: Impressive Fall Drill Results
Impressive Fall Drill Results
Slide 10: Impressive Fall Drill Results
Impressive Fall Drill Results
Slide 11: Impressive Winter Drill Results
Impressive Winter Drill Results
Slide 12: Impressive Winter Drill Results
Impressive Winter Drill Results
Slide 13: Nisk - The Pathway of the River of Nickel
Nisk - The Pathway of the River of Nickel
Slide 14: Nisk – The Width of the River of Nickel
Nisk – The Width of the River of Nickel TF-71-10 TF-59-08 17.0 m 8.5 m PN-22-014 3.5 m TF-66-08 TF-05-07 2.5 m 29.9 m TF-04-07 14 m PN-22-009 40.3 m Grade*Thickness (%NiEQ x m) PN-21-003A 27.4 m > 30.0 TF-56-08 15.0-30.0 21.5 m 10.0-15.0 PN-21-002 5.0-10.0 8.4 m 3.0-5.0 Grade (%Ni) < 3.0 > 2.00 TF-6
Slide 15: Nisk – The Width of the River of Nickel
Nisk – The Width of the River of Nickel TF-54-08 TF-71-10 24 m 17.0 m PN-22-009 TF-56-08 0.52% NiEQ 0.98% NiEQ 26.6 m 21.5 m 1.98% NiEQ 1.05% NiEQ PN-22-012 TF-46-07 24.0 m 20.0 m 1.69% NiEQ 1.13% NiEQ PN-21-003A TF-04-07 31.6 m 14 m 1.39% NiEQ 1.93% NiEQ TF-41-07 12.5 m PN-21-002 1.02% NiEQ 8.4 m 2
Slide 16: NISK – String of Pearls ?
NISK – String of Pearls ? “Wildcat” Target Nisk Main Nisk West “Wildcat” Target 3 km 16
Slide 17: 7.75 Metres – 1Oz/T Palladium and Platinum
7.75 Metres – 1Oz/T Palladium and Platinum
Slide 18: NISK – Ambient Noise Tomography
NISK – Ambient Noise Tomography STEP 01 - SURVEY ANT is a proven exploration tool that can be used for: •Visualising structure, basement and mineralisation and fault driven mineralisation •Estimating the size and orientation of deposits •Identification of depth to basement without drilling •Specific
Slide 19: Extremely Undervalued Compared to Peers
Extremely Undervalued Compared to Peers Noront Panoramic Talon Premium Nickel Power Nickel * Magma Mining Eagles Nest Savannah Tamarack Selebi Tonnage mt 3,1 11 13 11 16 34 Nickel % 1% 1,7 % 1,6 % 1,4 % 1,0 % 0,33 % Copper % 0,46 % 0,9 % 0,7 % 0,8 % 1,6 % 0,35 % Cobalt % 0,06 % -% 0,10 % 0,03 % -% 0
Slide 20: NISK – Action Plan
NISK – Action Plan 1. Release Drill Results Q2 2023 2. Release Airborne EM Survey – Q2 3. Use Gravity, Seismic, Airborne EM & Ambient Noise Tomography on other Pods – Q2 4. Initiate 15,000 Metre Phase 4 Drill Program – Q3-Q4 5. Release Metallurgical Study – Q3 6. Update NI 43-101 Q3 7. Deliver PEA o
Slide 21: Bonus – Proposed Public Spinoff
Bonus – Proposed Public Spinoff Consolidation Gold & Copper British Columbia Chile 21
Slide 22: Golden Ivan – Surface Rock Results
Golden Ivan – Surface Rock Results 22
Slide 23: Ascot Mine Announcement Major Positive
Ascot Mine Announcement Major Positive $17 M $65 M $26 M 23
Slide 24: 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 25: Bonus – Copaquire Royalty with Teck
Bonus – Copaquire Royalty with Teck ✔ Teck Acquired Copaquire acquires for $3 Million USD + a 3% NSR Xstrata/Anglo Codelco Codelco ✔ Teck Acquired Copaquire with two NI 43-101 Resources…10k’s away from QB1 Xstrata/ Anglo Xstrata/ ✔ Teck and Collahuasi are collaborating on developments between QB and
Slide 26: Experienced Team
Experienced Team Greg McKenzie Terry Lynch Peter Kent Director CEO Chairman Ximena Perez, Les Mallard MD Chile Director 26
Slide 27: Current Capital Structure
Current Capital Structure Total Shares Issued 129,701,898 Exchange Market Traded Toronto (TSX-V) Symbol “PNPN” Fully Diluted 180,156,948 Santiago (SSE) Symbol “CMX” USA (PS) Symbol “PNPNF” Warrants Issued (with MILA Symbol “CMX” average $.27 (28,175,000 39,215,050 @.20) FRA Symbol “IVV1” Key Shareho
Slide 28: Ten Reasons to Invest in PNPN Now.
Ten Reasons to Invest in PNPN Now. 1. Power Nickel has made a major nickel sulfide discovery 2. Trading at Discount to Peer Group 3. Drill results provide excellent base to grow 4. Heavy News Flow – Assays, Airborne EM, Met Studies and New 43-101 5. Funded 15,000 Drill Program to start in July - Res
Slide 29: Terry Lynch Terry@PowerNickel.com
Powering the next generation with HIGH-GRADE NICKEL Terry Lync9053388044 Terry@po Terry Lynch, CEO Email: terry@powernickel.com Terry Lynch Terry@PowerNickel.com 6474488044 29