Power Metallic Acquires 167KM² from Li-FT Power, Expanding Nisk - Lion Polymetallic Project Area by over 300%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2025
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Source: PRnewswire
Acquisition Announcement: Power Metallic Mines Inc. has signed a definitive agreement to acquire 100% interest in 313 mineral claims from Li-FT Power Ltd., expanding its land position by over 300% to approximately 212.86 km², which includes significant prospective areas for polymetallic deposits.
Exploration Plans: The company is set to resume drilling along the Nisk-Lion-Tiger trend with a fully funded 100,000-metre drill program planned through 2026, aiming to explore and develop new sulphide occurrences while integrating the newly acquired claims.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
