PEA

Power Metallic Mines (TSXV: PNPN) is advancing the Nisk Project in Quebec, where recent metallurgy results have improved recoveries to roughly 95%. In a PDAC 2026 interview, CEO Terry Lynch discusses how the Lion Zone shifted the project from a nickel sulphide system to a rare orthomagmatic Ni-Cu-PGE discovery. The company has raised $50 million and is advancing a 100,000-metre drill program. A Preliminary Economic Assessment (PEA) is now targeted for later this year. Despite strong commodity prices and expanding land position, the stock has traded sideways, highlighting a potential disconnect between project progress and market valuation. [more]

Canadian Gold Corp (TSXV: CGC) is progressing its Tartan Lake Gold Mine project in Manitoba, supported by a strategic investment from mining financier Rob McEwen. A pending updated resource estimate will include more than 30,000 metres of drilling completed since 2021. With an average grade of 6.32 g/t Au and strong infrastructure access, the Company is targeting a potential restart of underground operations. CGC also holds projects near Agnico Eagle’s Hammond Reef and Malartic mines. Multiple near-term catalysts, including a resource update, PEA, and additional drill results, could impact valuation as the company advances toward development. [more]