Mining Stock Daily

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Power Metallic's Lion MRE Is Out. Next Stop: PEA in H1 2027

Power Metallic's Lion MRE Is Out. Next Stop: PEA in H1 2027eergisteren14 min

<p>Power Metallic is looking ahead to publishing a preliminary economic assessment in the first half of 2027 after releasing its mineral resource estimate this week for its Lion Zone, showing 3.9% copper equivalent with 85% of the resource classified as Indicated and 59% open pittable. CEO Terry Lynch spoke to Mining Stock Daily. Lynch outlined a mine sequence funded by open pit cash flow, addressed the unresolved question of where the system&#39;s nickel component sits at depth, and pointed to an exploration update due in the fall alongside a pending Nasdaq listing.</p>