Exploration Update and Big Picture

Mr. Lynch graduated in 1981 from St. Francis Xavier University with a joint honours degree in Economics and BBA. Prior to becoming a director with International PBX Ventures in 2012, Mr. Lynch had been CEO of privately held Nevada-focused Relief Gold. He also had been a director and later CEO of TSX-listed Firstgold Corp. He assumed the CEO position after the company had run into financial difficulty bringing its Relief Canyon mine into production. He arranged a sale of 51% of the company for a total capital injection of $26.5 million from Northwest Non-Ferrous Metals, one of China’s largest mining engineering and consulting groups. From 2005 to 2008 Mr. Lynch was a partner with Kingsmill Capital Partners, a financial advisory firm specializing in advising public and private early stage growth companies. Prior to joining Kingsmill Capital he spent 15 years operating startup companies in industrial products, oil and gas and media. Mr. Lynch is also a co-founder of Cardiol Therapeutics, a NASDAQ and TSX listed clinical-stage life sciences company focused on the research and clinical development of cannabidiol as an anti-fibrotic and anti-inflammatory therapy for the treatment of cardiovascular disease.

Joe Campbell, BSc, P. Geo, brings over 40 years of extensive experience in mineral exploration and project management to Power Metallic as Vice President of Exploration. A seasoned industry veteran, Joe has held senior roles in geology and resource development, including Chief Geologist (open pit and underground) and Project Manager for significant projects like Meliadine Gold, now operated by Agnico Eagle Mines (AEM). He is the former President, Executive Chairman, and COO of Gold Terra (formerly TerraX) and has expertise across a wide range of deposit types, including mesothermal and epithermal gold, VMS, porphyry copper-gold-molybdenum, and nickel sulfide and laterite deposits. Joe also has a strong background in resource and reserve estimation, economic assessments, and environmental reviews. His career includes leadership in Western Mining's Canadian division, where his work in project acquisition and development aligned with Power Metallic's data-driven exploration approach.

Dr. Steve Beresford's (FAIG FSEG) career includes being Chief Geologist of three major mining companies, a lecturer and professor, and the founder of several exploration companies. Steve began his exploration career at WMC Resources and has gone onto to do field exploration in 66 countries, largely for magmatic Nickel-Copper-PGE deposits. Steve is currently an Adjunct Professor at the University of Western Australia and a board member of AGEMERA in Europe. Steve received his BSc Honors and PhD from the University of Canterbury (New Zealand).