# Power Metallic Mines – Fully-Funded Exploration At Nisk Project, High-Tech Surveys Inform Targeting, Upcoming MRE, and New JV In Saudi Arabia

Page: https://stenobird.com/podcast/the-ke-report-5642261/power-metallic-mines-fully-funded-exploration-at-nisk-project-high-tech-surveys-inform-targeting-upcoming-mre-and-new-jv-in-saudi-arabia
Text version: https://stenobird.com/podcast/the-ke-report-5642261/power-metallic-mines-fully-funded-exploration-at-nisk-project-high-tech-surveys-inform-targeting-upcoming-mre-and-new-jv-in-saudi-arabia.md
Podcast: [The KE Report](https://stenobird.com/podcast/the-ke-report-5642261)
Published: 2026-06-19T18:23:17+00:00
Episode link: https://kereport.podbean.com/e/power-metallic-mines-%e2%80%93-fully-funded-exploration-at-nisk-project-high-tech-surveys-inform-targeting-upcoming-mre-and-new-jv-in-saudi-arabia/
Audio file: https://mcdn.podbean.com/mf/web/xxcdmbxf5twawmva/2026-06-19_-_Terry_Lynch_-_Power_Metallic_Minesbqb39.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/the-ke-report-5642261/episodes/power-metallic-mines-fully-funded-exploration-at-nisk-project-high-tech-surveys-inform-targeting-upcoming-mre-and-new-jv-in-saudi-arabia
Duration seconds: 1177

## Resource

Terry Lynch, CEO of Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1), joins me for another exploration update catching us up on multiple news releases from the Lion Zone as part of their fully funded 100,000-meter drill program at the polymetallic NISK Project in Quebec. We also discuss all the pending results still at the assay lab, other key regional exploration targets of interest for 2026 drilling, and the various technology being deployed behind their drill targeting. Additionally, we touch upon their new JV in Saudi Arabia. We start off with a financial update where the Company announced on June 10, 2026 the closing of its previously announced "best efforts" private placement for aggregate gross proceeds of C$28,228,750, which includes a lead order from Eric Sprott. This capital provides the company with the ability to execute on a fully-funded exploration program on multiple targets on the ongoing six-rig drill program focused on expanding the mineralized around the Lion Zone both stepping out looking for other broad mineralized zones, and also testing at depth for the potential “Elephant Zone,” as well as at Lion West and the Tiger Deep Zone. Terry highlighted some of the surprising gold intercept values when testing Lion Deep that will get some follow-up work. Additionally, new polymetallic targets are being tested in fan holes at the Hydro Fold-Hinge Zone, which will utilize borehole EM technology. Additional assays from its winter 2026 drill program continue to come in with all assay results expected by mid-June for adding to the MRE. New drill results include 10.30m @ 4.04% CuEq and 4.07m @ 8.73% CuEq, with metallurgical testing confirming strong recovery potential from disseminated low-grade zones. Building on the recent Muon Tomogra…

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-ke-report-5642261/episodes/power-metallic-mines-fully-funded-exploration-at-nisk-project-high-tech-surveys-inform-targeting-upcoming-mre-and-new-jv-in-saudi-arabia/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/the-ke-report-5642261/power-metallic-mines-fully-funded-exploration-at-nisk-project-high-tech-surveys-inform-targeting-upcoming-mre-and-new-jv-in-saudi-arabia.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.