The Nisk Project Area combines Power Metallic's 80% interest in the original Nisk property, with Critical Elements Lithium Corp. retaining 20%, and 313 adjoining claims acquired at 100% in July 2025, forming an issuer-reported land position of approximately 330 square kilometres. The NI 43-101 mineral resource estimate effective June 19, 2026, announced September 8 and incorporating drilling completed through April 19, includes the maiden Lion resource and an updated Nisk Main resource. Five rigs are advancing Lion, Tiger, Nisk East and regional exploration across the enlarged land package. Engineering proposals for a PEA integrating Lion and Nisk are being assessed; no economic study has been completed.
- Country
- Canada
- Commodity
- Cu
- Stage
- Exploration