Join the Power Metallic team for further commentary on the company's recent drill results, followed by a Q&A session.
Thu, March 12, 2026 at 10:00 AMendedReplay
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...
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).
Replay transcript excerpt
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 Speaker 1: meters at 15.11% Speaker 1: copper equivalent, Speaker 1: and 7.6 meters at 7.2% Speaker 1: copper equivalent. 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. Speaker 2: Great, Kyle. Thanks for 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. 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. 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. Speaker 2: So Speaker 2: yeah, I mean, just a quick snapshot. We've got Speaker 2: $33M in the bank as of last quarter. Speaker 2: That was a result of having raised $50M Speaker 2: last February. Speaker 2: We've been blessed by being able to get financing from some of the smartest people in mining. Obviously, Robert Friedland led the last 2 rounds. Rob M...
