Nisk Latest Drilling Results And Comments From Dr. Steve Beresford
Join the Power Metallic team alongside Dr. Steve Beresford, Director, as they unveil Nisk's latest drilling results and provide expert analysis on the findings. The team will be available for a live Q&A session to discuss the significance of these results.
Tue, March 25, 2025 at 12:30 PMendedReplay
Investor webinar replay
Meeting Overview The meeting provided an update on the Power Metallic project, focusing on recent exploration results, particularly the discovery of the Lion Zone, and the use of advanced techniques like borehole electromagnetic (EM) surveys. The team discussed the implications of these findings for the project's future and the exploration strategy moving forward. Key Discussion Points - Overview of the Power Metallic project and its recent developments. - Discovery of the Lion Zone, highlighting significant copper equivalent grades. - Financial updates, including recent capital raises and funding availability until the end of 2026. - Explanation of the transition from airborne and ground EM to borehole EM for exploration. - Insights into the mineralization patterns and exploration techniques being employed. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Continue drilling and exploration based on borehole EM findings. - [Unassigned] : Ana...
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.
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).
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.
Duncan Roy is a University of Western Ontario graduate with a BA in Political Science. He brings a sophisticated, highly experienced, and diverse knowledge base to his current role with Power Nickel. Since 2019 he has run a highly successful Capital Markets Advisory company. Prior to that, he spent over three decades plus in the brokerage industry, based in Toronto, as a retail broker with a PDO designation and various management roles.
"You cannot have a successful junior mining company if you cannot raise capital. To do that, you need experienced executives who can credibly present investments to individuals, brokers, and institutions. Duncan is a very successful ex-broker who is held in high esteem across the investment landscape. I would feel quite comfortable having Duncan present the Power Nickel investment and know that he will do a great job of hitting that correct level of expertise and optimism while delivering our features and benefits honestly and respectfully." Commented Power Nickel CEO, Terry Lynch
Replay transcript excerpt
Speaker 1: Hello everyone and thank you for joining us again for another live Power Metallic update. Today we're joined by Terry Lynch, Dr. Steve Beresford, Joe Campbell and Duncan Roy. There will be a Q&A at the end so please submit your questions in the chat whenever you come up with them. We'll try and address all of them before we conclude today. If not, I'll be sure to pass along the questions to management of the Power Metallic team. As always, this event is being recorded and will be available on 6.com and our YouTube channel a few hours after we conclude. Speaker 1: With that said, I'll pass things over to Terry to provide an overview of Power Metallic and today's news release. Speaker 2: Terry, over to you. Great Kyle, thanks again for having us. Looking forward to updating Speaker 2: our shareholders and interested parties on Speaker 2: what we're doing with Power Metallic. I had some great news out this morning, and we'll walk you through that. Speaker 2: I thought it'd be good just to have a little refresher, Speaker 2: sort of, you know, how we got here, and then obviously we'll dive into the results and what we're doing with our exploration program. Speaker 2: So Speaker 2: obviously this is the, Speaker 2: you know, the origin story, really. Speaker 2: We basically had acquired Speaker 2: the Nickel Speaker 2: Sulfide project from Critical Elements on the bottom left-hand corner. Speaker 2: 3.1Mt, Speaker 2: 1.5% Speaker 2: Nickel. Grew that close to the MRE around 7.1Mt. Speaker 2: Probably there's 8.5Mt there now. We don't know something in that range. In looking for more Nickel qualified, Speaker 2: we literally stepped out 5.5km Speaker 2: away Speaker 2: to test Speaker 2: a target that we liked up there that was identified by Airborne EN and had ...
