Power Metallic Live: Recent Results & Q&A

Investor webinar replay

Meeting Overview The meeting provided an update on Power Metallic's recent developments, including significant drilling results and financial positioning. The team discussed the progress of their exploration efforts, the importance of their discoveries, and future plans for a Preliminary Economic Assessment (PEA). Key Discussion Points - Recent drilling results, including notable intercepts from holes 49 and 43. - Financial status, highlighting $33M in the bank and successful fundraising efforts. - The significance of the Lion Discovery and its high-grade copper and PGEs. - Current drilling operations with six rigs and plans for extensive drilling in the upcoming months. - Overview of the advantages of operating in Quebec, including infrastructure and fiscal terms. - The importance of delivering a PEA to provide concrete evidence of the project's value. Decisions Made - The team decided to step up and deliver a Preliminary Economic Assessment (PEA) in the fall. Action Items & Next S...

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[Speaker identities could not be resolved; generic labels used] [00:04] Speaker 1: Hello everyone and thank you for joining us for another live Power Metallic update. We're pleased to have the Power Metallic team with us here today and there's been quite a bit of exciting news since we last spoke with the team. Recent highlights include holes 49 and 43, which return intercepts of 16.55 [00:19] Speaker 1: meters at 15.11% [00:21] Speaker 1: copper equivalent, [00:22] Speaker 1: and 7.6 meters at 7.2% [00:25] Speaker 1: copper equivalent. [00:26] Speaker 1: A quick note before we begin, this event is being recorded. Following a brief presentation, we'll open the floor to questions, which you can submit at any time through the chat. With that, welcome, gentlemen. Terry, the floor is yours. [00:39] Speaker 2: Great, Kyle. Thanks for [00:41] Speaker 2: having us here. It's always good to bring everyone up to speed. We've had some exciting news over the last, really, since the new year, And I think it's sort of a good time to sort of summarize where we're at and where we're going. [00:53] Speaker 2: And what I think we'll do this morning is just quickly go through the presentation I'm giving when I'm out on the road talking to investors. So you can sort of see how we're presenting the case. [01:03] Speaker 2: We'll do it in brief form because many of you are already quite familiar with the story and we'll probably get to the stuff you really want to hear is more on the expiration and the current progress we're making there. So without further ado, let's dive in. [01:16] Speaker 2: So [01:17] Speaker 2: yeah, I mean, just a quick snapshot. We've got [01:20] Speaker 2: $33M in the bank as of last quarter. [01:23] Speaker 2: That was a result of having raised $50M [01:26] Spe...