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Power Metallic delays 2026 resource estimate but continues active exploration in Quebec.

Market News
30 Jul 2026
Proactive Investors
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Neutral
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Power Metallic Mines announced a delay in the release of its 2026 Mineral Resource Estimate for the Nisk project in Quebec due to scheduling issues at the consulting firm. Despite this, exploration continues actively with five drill rigs operating and assay results expected from September onward. The company is also progressing its Nasdaq listing application and has granted stock options and deferred share units to its directors and consultants. Additionally, Red Cloud Securities continues to support market liquidity for the company's shares under an ongoing agreement.

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