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

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's nickel component sits at depth, and pointed to an exploration update due in the fall alongside a pending Nasdaq listing.