Power Metallic Mines (PNPN) Corporate Presentation summary

Investment highlights

• Backed by prominent mining investors and fully funded for exploration through 2026.

• 100,000m active drilling program underway, targeting major resource expansion.

• Located in Quebec, benefiting from tax credits, stable political environment, and clean hydropower.

• Market cap of C$361M with a share price of C$1.55 as of September 2025.

• Warrants are over 80% owned by key stakeholders, with expected institutional interest.

Project overview and resources

• Nisk Main and Lion Discovery host high-grade polymetallic mineralization: Ni, Cu, Co, Pd, Pt.

• Nisk project holds 7.1Mt @ 1.1% NiEq and 9.4Mt+ @ 7% CuEq resources.

• Resource open for expansion with ongoing drilling and exploration.

• Lion Zone drill results show exceptional grades and thickness, with average 20.7m at 8.0% NiEq.

• Project compared to world-class deposits like Sakatti and Voisey's Bay.

Operations and exploration

• Six rigs operational at Nisk, with substantial and constant assay flow expected.

• Land package increased by over 600% through acquisitions, including LIFT and Hydro properties.

• Regional VTEM targeting and new drill areas identified for further resource growth.

• Metallurgical studies underway, with first phase results due Q2.

• Feasibility study from CVMR to be released, covering Nisk Main nickel body.