03:00 ET Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with >85% Indicated and Significant Expansion Potential Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to announce an updated Mineral ...
Original announcement by cnw on
- Company
- Power Metallic Mines Inc.
- Ticker
- PNPN
- Exchange
- Unavailable
- Region
- Eeyou Istchee James Bay territory of Québec
- Primary commodity
- Copper
- Secondary commodities
- Nickel, Cobalt, Platinum, Palladium, Gold, Silver
- Document categories
- Resource update, Metallurgy
- Extracted
- 2026-09-08 07:34:20 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Power Metallic Mines Inc. announced a maiden Mineral Resource Estimate for its Lion Zone, part of the Nisk Project in Québec, defining a high-grade polymetallic deposit averaging ~3.9% CuEq with over 85% classified as Indicated. The resource contains approximately 406 million pounds of contained CuEq and remains open for expansion. Locked-cycle metallurgical tests returned high copper recoveries (over 98%) and good recoveries for other metals, with the company planning a Preliminary Economic Assessment.
Reasoning: The announcement presents a high-grade maiden resource for the Lion Zone with excellent indicated confidence and strong metallurgical results for key commodities, indicating a de-risked and promising project, despite the contained metal not being exceptionally large. The critical minerals status and existing infrastructure further enhance its appeal.
Positive factors
- Maiden resource for Lion Zone
- High CuEq grade (3.9%)
- High indicated confidence (>85% Indicated for Lion)
- Exceptional copper recoveries (>98%)
- Strong PGM recoveries
- Robust locked-cycle metallurgical testwork
- Multi-domain testing for metallurgy
- Critical minerals status for key commodities
- Existing infrastructure proximity
- Resource remains open for expansion
Negative factors
- Contained metal tonnage is not exceptionally large scale
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 118
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The document announces the 'inaugural mineral resource for the Lion Zone'.
Evidence · text
“inaugural mineral resource for the Lion Zone”
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The Lion resource is classified with '>85% of the initial Lion resource is classified as Indicated'.
Evidence · text
“Over 85% of the initial Lion resource is classified as Indicated”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Marc-Antoine Laporte, P.Geo., of SGS Canada Inc., is stated as the independent Qualified Person responsible for the MRE.
Evidence · text
“Marc-Antoine Laporte, P.Geo., of SGS Canada Inc., is the independent Qualified Person responsible for the MRE, as defined by NI 43-101”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The MRE was prepared by SGS Canada Inc. 'in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects'.
Evidence · text
“The MRE was prepared by SGS Canada Inc. ("SGS") in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects”
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Locked-cycle testing returned 'copper recoveries above 98%' and 'high recoveries also reported for gold, palladium, platinum and silver'.
Evidence · text
“copper recoveries above 98% across all composite samples tested, producing concentrates grading over 25% Cu, with high recoveries also reported for gold, palladium, platinum and silver”
Pilot Scale Completepositive
Pilot or demonstration plant testing completed under continuous operation.
Why it applies: The metallurgical test work included 'Locked-cycle testing completed by SGS Canada'.
Evidence · text
“Locked-cycle testing completed by SGS Canada”
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: Two locked-cycle flotation tests were completed: 'LCT1, on a blended composite of high-grade and low-grade material' and 'LG2, on a low-grade composite of disseminated mineralization'.
Evidence · text
“Two locked-cycle flotation tests have been completed: LCT1, on a blended composite of high-grade and low-grade material representative of run-of-mine feed, and LG2, on a low-grade composite of disseminated mineralization”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The announcement includes 'an updated Mineral Resource Estimate ("MRE") for its Nisk Project ... including the inaugural mineral resource for the Lion Zone and an updated mineral resource for the Nisk Main deposit'.
Evidence · text
“updated Mineral Resource Estimate ("MRE") for its Nisk Project ... including the inaugural mineral resource for the Lion Zone and an updated mineral resource for the Nisk Main deposit”
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: The MRE 'forms the basis for a Preliminary Economic Assessment (PEA)' and the company is 'assessing proposals from engineering firms to complete a Preliminary Economic Assessment'.
Evidence · text
“The MRE forms the basis for a Preliminary Economic Assessment (PEA). The PEA will evaluate an initial open pit followed by underground mining at Lion”
Critical Mineralspositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The document states that 'Copper, platinum, palladium, nickel and cobalt are each included on the critical minerals lists of Québec, Canada, the United States and the European Union'.
Evidence · text
“Copper, platinum, palladium, nickel and cobalt are each included on the critical minerals lists of Québec, Canada, the United States and the European Union”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a mill_cil route ("CIL")
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: the document describes a gravity route ("gravity")
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: only one composite was tested
Extracted facts
Stored fact records: 118. Some facts used in scoring do not have a stored record.
Resource Estimates (112)
indicatedLion · nickelTonnes: 2782000Grade: 0.08Grade Unit: %Contained Metal: 5.01Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 0.08
- Grade Unit
- %
- Contained Metal
- 5.01
- Contained Unit
- Mlb
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value.
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“0.08”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · copperTonnes: 2782000Grade: 1.47Grade Unit: %Contained Metal: 90.04Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 1.47
- Grade Unit
- %
- Contained Metal
- 90.04
- Contained Unit
- Mlb
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated copper resource contributes significantly to the overall high-grade CuEq maiden resource for the Lion Zone, with a good grade for open-pit potential.
Positive factors
- Good copper grade for an open pit resource
- Significant contained copper metal
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Evidence · table
“1.47”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · cobaltTonnes: 2782000Grade: 0.004Grade Unit: %Contained Metal: 0.22Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 0.004
- Grade Unit
- %
- Contained Metal
- 0.22
- Contained Unit
- Mlb
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The cobalt grade and contained metal are very low, making it a minor byproduct in the indicated open pit resource for Lion.
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Very low cobalt grade
- Low contained cobalt metal
Evidence · table
“0.004”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · platinumTonnes: 2782000Grade: 0.84Grade Unit: g/tContained Metal: 76000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 0.84
- Grade Unit
- g/t
- Contained Metal
- 76000
- Contained Unit
- oz
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated platinum resource contributes positively to the overall value of the maiden Lion resource, with a good grade and contained ounces.
Positive factors
- Good platinum grade for a polymetallic deposit
- Significant contained platinum ounces
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Evidence · table
“0.84”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · palladiumTonnes: 2782000Grade: 2.35Grade Unit: g/tContained Metal: 210000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 2.35
- Grade Unit
- g/t
- Contained Metal
- 210000
- Contained Unit
- oz
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated palladium resource is a strong contributor to the overall high-grade polymetallic maiden resource for Lion, with a good grade and contained ounces.
Positive factors
- Good palladium grade for a polymetallic deposit
- Significant contained palladium ounces
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Evidence · table
“2.35”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · goldTonnes: 2782000Grade: 0.42Grade Unit: g/tContained Metal: 37000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 0.42
- Grade Unit
- g/t
- Contained Metal
- 37000
- Contained Unit
- oz
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated gold resource is a positive component of the maiden Lion resource, though the grade is moderate compared to high-grade gold deposits.
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Moderate gold grade
Evidence · table
“0.42”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · silverTonnes: 2782000Grade: 11.65Grade Unit: g/tContained Metal: 1042000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 11.65
- Grade Unit
- g/t
- Contained Metal
- 1042000
- Contained Unit
- oz
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated silver resource adds value to the maiden Lion resource, with a good amount of contained silver, though the grade is moderate.
Positive factors
- Good contained silver ounces
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Negative factors
- Moderate silver grade
Evidence · table
“11.65”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · nickelTonnes: 100000Grade: 0.07Grade Unit: %Contained Metal: 0.16Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 0.07
- Grade Unit
- %
- Contained Metal
- 0.16
- Contained Unit
- Mlb
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification.
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“0.07”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · copperTonnes: 100000Grade: 1.09Grade Unit: %Contained Metal: 2.41Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 1.09
- Grade Unit
- %
- Contained Metal
- 2.41
- Contained Unit
- Mlb
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred copper resource is a positive component of the maiden Lion resource with a good grade, but its lower confidence and limited contained metal reduce its immediate impact.
Positive factors
- Good copper grade for an open pit resource
- Part of a maiden resource for the Lion Zone
Negative factors
- Low contained copper metal
- Inferred category indicates lower confidence
Evidence · table
“1.09”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · cobaltTonnes: 100000Grade: 0.004Grade Unit: %Contained Metal: 0.01Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 0.004
- Grade Unit
- %
- Contained Metal
- 0.01
- Contained Unit
- Mlb
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The inferred cobalt resource is a negligible component of the maiden Lion resource due to its very low grade, contained metal, and inferred classification.
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low cobalt grade
- Low contained cobalt metal
- Inferred category indicates lower confidence
Evidence · table
“0.004”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · platinumTonnes: 100000Grade: 0.43Grade Unit: g/tContained Metal: 1000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 0.43
- Grade Unit
- g/t
- Contained Metal
- 1000
- Contained Unit
- oz
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred platinum resource is a moderate component of the maiden Lion resource, but its lower confidence and limited contained ounces reduce its immediate impact.
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Moderate platinum grade
- Low contained platinum ounces
- Inferred category indicates lower confidence
Evidence · table
“0.43”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · palladiumTonnes: 100000Grade: 1.31Grade Unit: g/tContained Metal: 4000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 1.31
- Grade Unit
- g/t
- Contained Metal
- 4000
- Contained Unit
- oz
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred palladium resource is a positive component of the maiden Lion resource with a good grade, but its lower confidence and limited contained ounces reduce its immediate impact.
Positive factors
- Good palladium grade for a polymetallic deposit
- Part of a maiden resource for the Lion Zone
Negative factors
- Low contained palladium ounces
- Inferred category indicates lower confidence
Evidence · table
“1.31”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · goldTonnes: 100000Grade: 0.31Grade Unit: g/tContained Metal: 1000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 0.31
- Grade Unit
- g/t
- Contained Metal
- 1000
- Contained Unit
- oz
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred gold resource is a moderate component of the maiden Lion resource, but its lower confidence and limited contained ounces reduce its immediate impact.
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Moderate gold grade
- Low contained gold ounces
- Inferred category indicates lower confidence
Evidence · table
“0.31”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · silverTonnes: 100000Grade: 9.63Grade Unit: g/tContained Metal: 31000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 9.63
- Grade Unit
- g/t
- Contained Metal
- 31000
- Contained Unit
- oz
- Cutoff Grade
- 0.35
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred silver resource is a moderate component of the maiden Lion resource, but its lower confidence and limited contained ounces reduce its immediate impact.
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Moderate silver grade
- Low contained silver ounces
- Inferred category indicates lower confidence
Evidence · table
“9.63”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · nickelTonnes: 1363000Grade: 0.13Grade Unit: %Contained Metal: 3.98Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 0.13
- Grade Unit
- %
- Contained Metal
- 3.98
- Contained Unit
- Mlb
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated nickel resource is a minor component of the maiden Lion resource, with a low grade for underground mining, but benefits from high confidence.
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade for underground mining
Evidence · table
“0.13”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · copperTonnes: 1363000Grade: 2.1Grade Unit: %Contained Metal: 63.03Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 2.1
- Grade Unit
- %
- Contained Metal
- 63.03
- Contained Unit
- Mlb
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated copper resource is a strong contributor to the overall high-grade polymetallic maiden resource for Lion, with a good grade for underground potential.
Positive factors
- Good copper grade for an underground resource
- Significant contained copper metal
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Evidence · table
“2.10”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · cobaltTonnes: 1363000Grade: 0.007Grade Unit: %Contained Metal: 0.21Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 0.007
- Grade Unit
- %
- Contained Metal
- 0.21
- Contained Unit
- Mlb
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The cobalt grade is very low, making it a minor byproduct in the indicated underground resource for Lion, despite the high confidence.
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Very low cobalt grade
Evidence · table
“0.007”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · platinumTonnes: 1363000Grade: 0.87Grade Unit: g/tContained Metal: 38000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 0.87
- Grade Unit
- g/t
- Contained Metal
- 38000
- Contained Unit
- oz
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated platinum resource contributes positively to the overall value of the maiden Lion resource, with a good grade and contained ounces, and high confidence.
Positive factors
- Good platinum grade for a polymetallic deposit
- Significant contained platinum ounces
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Evidence · table
“0.87”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · palladiumTonnes: 1363000Grade: 3.15Grade Unit: g/tContained Metal: 138000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 3.15
- Grade Unit
- g/t
- Contained Metal
- 138000
- Contained Unit
- oz
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated palladium resource is a strong contributor to the overall high-grade polymetallic maiden resource for Lion, with a good grade and contained ounces, and high confidence.
Positive factors
- Good palladium grade for a polymetallic deposit
- Significant contained palladium ounces
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Evidence · table
“3.15”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · goldTonnes: 1363000Grade: 0.62Grade Unit: g/tContained Metal: 27000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 0.62
- Grade Unit
- g/t
- Contained Metal
- 27000
- Contained Unit
- oz
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated gold resource is a positive component of the maiden Lion resource, with a good grade and high confidence.
Positive factors
- Good gold grade for a polymetallic deposit
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Evidence · table
“0.62”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLion · silverTonnes: 1363000Grade: 13.35Grade Unit: g/tContained Metal: 585000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 13.35
- Grade Unit
- g/t
- Contained Metal
- 585000
- Contained Unit
- oz
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated silver resource adds value to the maiden Lion resource, with a good amount of contained silver and high confidence.
Positive factors
- Good contained silver ounces
- High indicated confidence
- Part of a maiden resource for the Lion Zone
Evidence · table
“13.35”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · nickelTonnes: 501000Grade: 0.14Grade Unit: %Contained Metal: 1.51Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 0.14
- Grade Unit
- %
- Contained Metal
- 1.51
- Contained Unit
- Mlb
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with a low grade and lower confidence due to its inferred classification.
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Low nickel grade for underground mining
- Inferred category indicates lower confidence
Evidence · table
“0.14”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · copperTonnes: 501000Grade: 1.99Grade Unit: %Contained Metal: 22.02Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 1.99
- Grade Unit
- %
- Contained Metal
- 22.02
- Contained Unit
- Mlb
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred copper resource is a positive component of the maiden Lion resource with a good grade, but its lower confidence reduces its immediate impact.
Positive factors
- Good copper grade for an underground resource
- Part of a maiden resource for the Lion Zone
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“1.99”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · cobaltTonnes: 501000Grade: 0.007Grade Unit: %Contained Metal: 0.08Contained Unit: MlbView all detailsHide details
Identity
- Project
- Lion
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 0.007
- Grade Unit
- %
- Contained Metal
- 0.08
- Contained Unit
- Mlb
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The inferred cobalt resource is a negligible component of the maiden Lion resource due to its very low grade and inferred classification.
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low cobalt grade
- Inferred category indicates lower confidence
Evidence · table
“0.007”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · platinumTonnes: 501000Grade: 0.62Grade Unit: g/tContained Metal: 10000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 0.62
- Grade Unit
- g/t
- Contained Metal
- 10000
- Contained Unit
- oz
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred platinum resource is a positive component of the maiden Lion resource with a good grade, but its lower confidence reduces its immediate impact.
Positive factors
- Good platinum grade for a polymetallic deposit
- Part of a maiden resource for the Lion Zone
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“0.62”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · palladiumTonnes: 501000Grade: 3.17Grade Unit: g/tContained Metal: 51000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 3.17
- Grade Unit
- g/t
- Contained Metal
- 51000
- Contained Unit
- oz
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred palladium resource is a strong contributor to the maiden Lion resource with a good grade and contained ounces, but its lower confidence reduces its immediate impact.
Positive factors
- Good palladium grade for a polymetallic deposit
- Significant contained palladium ounces
- Part of a maiden resource for the Lion Zone
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“3.17”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · goldTonnes: 501000Grade: 0.43Grade Unit: g/tContained Metal: 7000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 0.43
- Grade Unit
- g/t
- Contained Metal
- 7000
- Contained Unit
- oz
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred gold resource is a moderate component of the maiden Lion resource, but its lower confidence reduces its immediate impact.
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Moderate gold grade
- Inferred category indicates lower confidence
Evidence · table
“0.43”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLion · silverTonnes: 501000Grade: 13.04Grade Unit: g/tContained Metal: 210000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lion
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 13.04
- Grade Unit
- g/t
- Contained Metal
- 210000
- Contained Unit
- oz
- Cutoff Grade
- 0.9
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred silver resource is a positive component of the maiden Lion resource with good contained ounces, but its lower confidence reduces its immediate impact.
Positive factors
- Good contained silver ounces
- Part of a maiden resource for the Lion Zone
Negative factors
- Moderate silver grade
- Inferred category indicates lower confidence
Evidence · table
“13.04”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · nickelTonnes: 607000Grade: 0.6Grade Unit: %Contained Metal: 7.99Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 0.6
- Grade Unit
- %
- Contained Metal
- 7.99
- Contained Unit
- Mlb
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated nickel resource is a positive component of the updated Nisk Main resource, with a good grade for open-pit potential and high confidence.
Positive factors
- Good nickel grade for an open pit resource
- High indicated confidence
- Part of an updated resource for Nisk Main
Evidence · table
“0.60”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · copperTonnes: 607000Grade: 0.35Grade Unit: %Contained Metal: 4.66Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 0.35
- Grade Unit
- %
- Contained Metal
- 4.66
- Contained Unit
- Mlb
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated copper resource is a positive component of the updated Nisk Main resource, with a good grade for open-pit potential and high confidence.
Positive factors
- Good copper grade for an open pit resource
- High indicated confidence
- Part of an updated resource for Nisk Main
Evidence · table
“0.35”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · cobaltTonnes: 607000Grade: 0.039Grade Unit: %Contained Metal: 0.53Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 0.039
- Grade Unit
- %
- Contained Metal
- 0.53
- Contained Unit
- Mlb
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated cobalt resource is a moderate component of the updated Nisk Main resource, with high confidence.
Positive factors
- Part of an updated resource for Nisk Main
- High indicated confidence
Negative factors
- Moderate cobalt grade
Evidence · table
“0.039”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · platinumTonnes: 607000Grade: 0.08Grade Unit: g/tContained Metal: 2000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 0.08
- Grade Unit
- g/t
- Contained Metal
- 2000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated platinum resource is a minor component of the updated Nisk Main resource due to its low grade, despite high confidence.
Positive factors
- Part of an updated resource for Nisk Main
- High indicated confidence
Negative factors
- Low platinum grade
Evidence · table
“0.08”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · palladiumTonnes: 607000Grade: 0.49Grade Unit: g/tContained Metal: 10000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 0.49
- Grade Unit
- g/t
- Contained Metal
- 10000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated palladium resource is a moderate component of the updated Nisk Main resource, with high confidence.
Positive factors
- Moderate palladium grade
- High indicated confidence
- Part of an updated resource for Nisk Main
Evidence · table
“0.49”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · goldTonnes: 607000Grade: 0.03Grade Unit: g/tContained Metal: 1000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 0.03
- Grade Unit
- g/t
- Contained Metal
- 1000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated gold resource is a negligible component of the updated Nisk Main resource due to its very low grade, despite high confidence.
Positive factors
- Part of an updated resource for Nisk Main
- High indicated confidence
Negative factors
- Very low gold grade
Evidence · table
“0.03”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · silverTonnes: 607000Grade: 2.19Grade Unit: g/tContained Metal: 43000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 2.19
- Grade Unit
- g/t
- Contained Metal
- 43000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated silver resource is a minor component of the updated Nisk Main resource due to its low grade, despite high confidence.
Positive factors
- Part of an updated resource for Nisk Main
- High indicated confidence
Negative factors
- Low silver grade
Evidence · table
“2.19”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · nickelTonnes: 210000Grade: 0.54Grade Unit: %Contained Metal: 2.5Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 0.54
- Grade Unit
- %
- Contained Metal
- 2.5
- Contained Unit
- Mlb
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a positive component of the updated Nisk Main resource with a good grade, but its lower confidence reduces its immediate impact.
Positive factors
- Good nickel grade for an open pit resource
- Part of an updated resource for Nisk Main
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“0.54”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · copperTonnes: 210000Grade: 0.22Grade Unit: %Contained Metal: 1.03Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 0.22
- Grade Unit
- %
- Contained Metal
- 1.03
- Contained Unit
- Mlb
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred copper resource is a minor component of the updated Nisk Main resource due to its low grade and lower confidence.
Positive factors
- Part of an updated resource for Nisk Main
Negative factors
- Low copper grade
- Inferred category indicates lower confidence
Evidence · table
“0.22”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · cobaltTonnes: 210000Grade: 0.035Grade Unit: %Contained Metal: 0.16Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 0.035
- Grade Unit
- %
- Contained Metal
- 0.16
- Contained Unit
- Mlb
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred cobalt resource is a moderate component of the updated Nisk Main resource, but its lower confidence reduces its immediate impact.
Positive factors
- Part of an updated resource for Nisk Main
Negative factors
- Moderate cobalt grade
- Inferred category indicates lower confidence
Evidence · table
“0.035”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · platinumTonnes: 210000Grade: 0.07Grade Unit: g/tContained Metal: 500Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 0.07
- Grade Unit
- g/t
- Contained Metal
- 500
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred platinum resource is a negligible component of the updated Nisk Main resource due to its very low grade and lower confidence.
Positive factors
- Part of an updated resource for Nisk Main
Negative factors
- Very low platinum grade
- Inferred category indicates lower confidence
Evidence · table
“0.07”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · palladiumTonnes: 210000Grade: 0.48Grade Unit: g/tContained Metal: 3000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 0.48
- Grade Unit
- g/t
- Contained Metal
- 3000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred palladium resource is a moderate component of the updated Nisk Main resource, but its lower confidence reduces its immediate impact.
Positive factors
- Moderate palladium grade
- Part of an updated resource for Nisk Main
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“0.48”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · goldTonnes: 210000Grade: 0.03Grade Unit: g/tContained Metal: 200Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 0.03
- Grade Unit
- g/t
- Contained Metal
- 200
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred gold resource is a negligible component of the updated Nisk Main resource due to its very low grade and lower confidence.
Positive factors
- Part of an updated resource for Nisk Main
Negative factors
- Very low gold grade
- Inferred category indicates lower confidence
Evidence · table
“0.03”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · silverTonnes: 210000Grade: 2.04Grade Unit: g/tContained Metal: 14000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 2.04
- Grade Unit
- g/t
- Contained Metal
- 14000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred silver resource is a minor component of the updated Nisk Main resource due to its low grade and lower confidence.
Positive factors
- Part of an updated resource for Nisk Main
Negative factors
- Low silver grade
- Inferred category indicates lower confidence
Evidence · table
“2.04”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · nickelTonnes: 2096000Grade: 0.96Grade Unit: %Contained Metal: 44.44Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 0.96
- Grade Unit
- %
- Contained Metal
- 44.44
- Contained Unit
- Mlb
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated nickel resource is a strong contributor to the updated Nisk Main resource, with a good grade for underground potential and high confidence.
Positive factors
- Good nickel grade for an underground resource
- Significant contained nickel metal
- High indicated confidence
- Part of an updated resource for Nisk Main
Evidence · table
“0.96”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · copperTonnes: 2096000Grade: 0.53Grade Unit: %Contained Metal: 24.52Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 0.53
- Grade Unit
- %
- Contained Metal
- 24.52
- Contained Unit
- Mlb
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated copper resource is a positive component of the updated Nisk Main resource, with a good grade for underground potential and high confidence.
Positive factors
- Good copper grade for an underground resource
- High indicated confidence
- Part of an updated resource for Nisk Main
Evidence · table
“0.53”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · cobaltTonnes: 2096000Grade: 0.061Grade Unit: %Contained Metal: 2.83Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 0.061
- Grade Unit
- %
- Contained Metal
- 2.83
- Contained Unit
- Mlb
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated cobalt resource is a positive component of the updated Nisk Main resource, with a good grade and high confidence.
Positive factors
- Good cobalt grade for a polymetallic deposit
- High indicated confidence
- Part of an updated resource for Nisk Main
Evidence · table
“0.061”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · platinumTonnes: 2096000Grade: 0.21Grade Unit: g/tContained Metal: 14000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 0.21
- Grade Unit
- g/t
- Contained Metal
- 14000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated platinum resource is a moderate component of the updated Nisk Main resource, with high confidence.
Positive factors
- Moderate platinum grade
- High indicated confidence
- Part of an updated resource for Nisk Main
Evidence · table
“0.21”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · palladiumTonnes: 2096000Grade: 0.91Grade Unit: g/tContained Metal: 61000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 0.91
- Grade Unit
- g/t
- Contained Metal
- 61000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated palladium resource is a positive component of the updated Nisk Main resource, with a good grade and high confidence.
Positive factors
- Good palladium grade for a polymetallic deposit
- High indicated confidence
- Part of an updated resource for Nisk Main
Evidence · table
“0.91”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · goldTonnes: 2096000Grade: 0.04Grade Unit: g/tContained Metal: 3000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 0.04
- Grade Unit
- g/t
- Contained Metal
- 3000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated gold resource is a negligible component of the updated Nisk Main resource due to its very low grade, despite high confidence.
Positive factors
- Part of an updated resource for Nisk Main
- High indicated confidence
Negative factors
- Very low gold grade
Evidence · table
“0.04”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNisk Main · silverTonnes: 2096000Grade: 2Grade Unit: g/tContained Metal: 135000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 2
- Grade Unit
- g/t
- Contained Metal
- 135000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This indicated silver resource is a minor component of the updated Nisk Main resource due to its low grade, despite high confidence.
Positive factors
- Part of an updated resource for Nisk Main
- High indicated confidence
Negative factors
- Low silver grade
Evidence · table
“2.00”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · nickelTonnes: 1806000Grade: 0.98Grade Unit: %Contained Metal: 39.17Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 0.98
- Grade Unit
- %
- Contained Metal
- 39.17
- Contained Unit
- Mlb
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a positive component of the updated Nisk Main resource with a good grade and contained metal, but its lower confidence reduces its immediate impact.
Positive factors
- Good nickel grade for an underground resource
- Significant contained nickel metal
- Part of an updated resource for Nisk Main
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“0.98”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · copperTonnes: 1806000Grade: 0.57Grade Unit: %Contained Metal: 22.53Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 0.57
- Grade Unit
- %
- Contained Metal
- 22.53
- Contained Unit
- Mlb
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred copper resource is a positive component of the updated Nisk Main resource with a good grade, but its lower confidence reduces its immediate impact.
Positive factors
- Good copper grade for an underground resource
- Part of an updated resource for Nisk Main
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“0.57”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · cobaltTonnes: 1806000Grade: 0.063Grade Unit: %Contained Metal: 2.5Contained Unit: MlbView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 0.063
- Grade Unit
- %
- Contained Metal
- 2.5
- Contained Unit
- Mlb
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred cobalt resource is a positive component of the updated Nisk Main resource with a good grade, but its lower confidence reduces its immediate impact.
Positive factors
- Good cobalt grade for a polymetallic deposit
- Part of an updated resource for Nisk Main
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“0.063”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · platinumTonnes: 1806000Grade: 0.26Grade Unit: g/tContained Metal: 15000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 0.26
- Grade Unit
- g/t
- Contained Metal
- 15000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred platinum resource is a positive component of the updated Nisk Main resource with a good grade, but its lower confidence reduces its immediate impact.
Positive factors
- Good platinum grade for a polymetallic deposit
- Part of an updated resource for Nisk Main
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“0.26”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · palladiumTonnes: 1806000Grade: 1.05Grade Unit: g/tContained Metal: 61000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 1.05
- Grade Unit
- g/t
- Contained Metal
- 61000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred palladium resource is a positive component of the updated Nisk Main resource with a good grade and contained ounces, but its lower confidence reduces its immediate impact.
Positive factors
- Good palladium grade for a polymetallic deposit
- Significant contained palladium ounces
- Part of an updated resource for Nisk Main
Negative factors
- Inferred category indicates lower confidence
Evidence · table
“1.05”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · goldTonnes: 1806000Grade: 0.03Grade Unit: g/tContained Metal: 2000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 0.03
- Grade Unit
- g/t
- Contained Metal
- 2000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred gold resource is a negligible component of the updated Nisk Main resource due to its very low grade and lower confidence.
Positive factors
- Part of an updated resource for Nisk Main
Negative factors
- Very low gold grade
- Inferred category indicates lower confidence
Evidence · table
“0.03”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNisk Main · silverTonnes: 1806000Grade: 1.57Grade Unit: g/tContained Metal: 91000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nisk Main
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 1.57
- Grade Unit
- g/t
- Contained Metal
- 91000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred silver resource is a minor component of the updated Nisk Main resource due to its low grade and lower confidence.
Positive factors
- Part of an updated resource for Nisk Main
Negative factors
- Low silver grade
- Inferred category indicates lower confidence
Evidence · table
“1.57”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatednickelTonnes: 2782000Grade: 5.01Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 5.01
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“5.01”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedcopperTonnes: 2782000Grade: 90.04Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 90.04
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“90.04”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedcobaltTonnes: 2782000Grade: 0.22Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 0.22
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“0.22”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedplatinumTonnes: 2782000Grade: 76000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 76000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“76,000”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedpalladiumTonnes: 2782000Grade: 210000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 210000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“210,000”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedgoldTonnes: 2782000Grade: 37000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 37000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“37,000”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedsilverTonnes: 2782000Grade: 1042000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2782000
- Grade
- 1042000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“1,042,000”
Context: 2,782,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferrednickelTonnes: 100000Grade: 0.16Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 0.16
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“0.16”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredcopperTonnes: 100000Grade: 2.41Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 2.41
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“2.41”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredcobaltTonnes: 100000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 0.01
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“0.01”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredplatinumTonnes: 100000Grade: 1000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 1000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“1,000”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredpalladiumTonnes: 100000Grade: 4000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 4000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“4,000”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredgoldTonnes: 100000Grade: 1000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 1000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“1,000”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredsilverTonnes: 100000Grade: 31000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 31000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“31,000”
Context: 100,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatednickelTonnes: 1363000Grade: 3.98Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 3.98
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“3.98”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedcopperTonnes: 1363000Grade: 63.03Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 63.03
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“63.03”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedcobaltTonnes: 1363000Grade: 0.21Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 0.21
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“0.21”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedplatinumTonnes: 1363000Grade: 38000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 38000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“38,000”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedpalladiumTonnes: 1363000Grade: 138000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 138000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“138,000”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedgoldTonnes: 1363000Grade: 27000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 27000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“27,000”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedsilverTonnes: 1363000Grade: 585000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 1363000
- Grade
- 585000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“585,000”
Context: 1,363,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferrednickelTonnes: 501000Grade: 1.51Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 1.51
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“1.51”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredcopperTonnes: 501000Grade: 22.02Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 22.02
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“22.02”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredcobaltTonnes: 501000Grade: 0.08Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 0.08
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“0.08”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredplatinumTonnes: 501000Grade: 10000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 10000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“10,000”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredpalladiumTonnes: 501000Grade: 51000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 51000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“51,000”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredgoldTonnes: 501000Grade: 7000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 7000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“7,000”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredsilverTonnes: 501000Grade: 210000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 501000
- Grade
- 210000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“210,000”
Context: 501,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatednickelTonnes: 607000Grade: 7.99Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 7.99
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“7.99”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedcopperTonnes: 607000Grade: 4.66Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 4.66
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“4.66”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedcobaltTonnes: 607000Grade: 0.53Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 0.53
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“0.53”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedplatinumTonnes: 607000Grade: 2000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 2000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“2,000”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedpalladiumTonnes: 607000Grade: 10000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 10000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“10,000”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedgoldTonnes: 607000Grade: 1000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 1000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“1,000”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedsilverTonnes: 607000Grade: 43000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 607000
- Grade
- 43000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“43,000”
Context: 607,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferrednickelTonnes: 210000Grade: 2.5Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 2.5
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“2.50”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredcopperTonnes: 210000Grade: 1.03Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 1.03
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“1.03”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredcobaltTonnes: 210000Grade: 0.16Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 0.16
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“0.16”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredplatinumTonnes: 210000Grade: 500Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 500
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“500”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredpalladiumTonnes: 210000Grade: 3000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 3000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“3,000”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredgoldTonnes: 210000Grade: 200Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 200
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“200”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredsilverTonnes: 210000Grade: 14000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 210000
- Grade
- 14000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“14,000”
Context: 210,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatednickelTonnes: 2096000Grade: 44.44Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 44.44
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“44.44”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedcopperTonnes: 2096000Grade: 24.52Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 24.52
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“24.52”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedcobaltTonnes: 2096000Grade: 2.83Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 2.83
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“2.83”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedplatinumTonnes: 2096000Grade: 14000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 14000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“14,000”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedpalladiumTonnes: 2096000Grade: 61000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 61000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“61,000”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedgoldTonnes: 2096000Grade: 3000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 3000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“3,000”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedsilverTonnes: 2096000Grade: 135000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- indicated
- Tonnes
- 2096000
- Grade
- 135000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This nickel component is part of the maiden Lion resource, but the grade and contained metal are low, indicating it's a minor contributor to the overall polymetallic value. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
- High indicated confidence
Negative factors
- Low nickel grade
- Low contained nickel metal
Evidence · table
“135,000”
Context: 2,096,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferrednickelTonnes: 1806000Grade: 39.17Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 39.17
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“39.17”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredcopperTonnes: 1806000Grade: 22.53Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 22.53
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“22.53”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredcobaltTonnes: 1806000Grade: 2.5Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 2.5
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“2.50”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredplatinumTonnes: 1806000Grade: 15000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 15000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“15,000”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredpalladiumTonnes: 1806000Grade: 61000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 61000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“61,000”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredgoldTonnes: 1806000Grade: 2000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 2000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“2,000”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredsilverTonnes: 1806000Grade: 91000Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- PNPN
Resource Data
- Category
- inferred
- Tonnes
- 1806000
- Grade
- 91000
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: This inferred nickel resource is a minor component of the maiden Lion resource, with very low grade and contained metal, and lower confidence due to its inferred classification. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Part of a maiden resource for the Lion Zone
Negative factors
- Very low nickel grade
- Low contained nickel metal
- Inferred category indicates lower confidence
Evidence · table
“91,000”
Context: 1,806,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Metallurgical Results (6)
locked-cycle flotationLion Zone · copperRecovery: 98.3 %Head Grade: 0.62Head Grade Unit: %View all detailsHide details
Identity
- Project
- Lion Zone
- Commodity
- copper
- Ticker
- PNPN
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle flotation
- Processing Route
- flotation
- Sample
- LG2 low-grade composite
Recovery
- Recovery
- 98.3 %
- Recovery Basis
- actual_test
- Head Grade
- 0.62
- Head Grade Unit
- %
- Conc. Grade
- 25.4
- Conc. Grade Unit
- %
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The exceptional copper recovery from low-grade material in locked-cycle flotation tests is highly positive, confirming the amenability of a broader range of ore to processing.
Positive factors
- Exceptional copper recovery for flotation
- High concentrate grade
- Locked-cycle test indicates robust results
- Demonstrates amenability of lower-grade material
- Part of maiden metallurgy for Lion Zone
Evidence · table
“98.3”
Context: 0.62 %
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 98.3% is at or above the exceptional band (92%)
locked-cycle flotationLion Zone · nickelRecovery: 47.7 %Head Grade: 0.04Head Grade Unit: %View all detailsHide details
Identity
- Project
- Lion Zone
- Commodity
- nickel
- Ticker
- PNPN
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle flotation
- Processing Route
- flotation
- Sample
- LG2 low-grade composite
Recovery
- Recovery
- 47.7 %
- Recovery Basis
- actual_test
- Head Grade
- 0.04
- Head Grade Unit
- %
- Conc. Grade
- 0.78
- Conc. Grade Unit
- %
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The nickel recovery from low-grade material is very low, indicating significant challenges in recovering nickel from this ore type, despite the robust test method.
Positive factors
- Locked-cycle test indicates robust results
- Part of maiden metallurgy for Lion Zone
Negative factors
- Low nickel recovery for flotation
- Very low head grade
Evidence · table
“47.7”
Context: 0.04 %
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Low Recoverynegative
Recovery below the weak band for the commodity and processing route.
Why it applies: 47.7% is below the weak band (75%)
locked-cycle flotationLion Zone · palladiumRecovery: 89.1 %Head Grade: 0.97Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Lion Zone
- Commodity
- palladium
- Ticker
- PNPN
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle flotation
- Processing Route
- flotation
- Sample
- LG2 low-grade composite
Recovery
- Recovery
- 89.1 %
- Recovery Basis
- actual_test
- Head Grade
- 0.97
- Head Grade Unit
- g/t
- Conc. Grade
- 38.9
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The strong palladium recovery from low-grade material in locked-cycle flotation tests is positive, confirming the amenability of a broader range of ore to processing for this valuable PGM.
Positive factors
- Strong palladium recovery for flotation
- High concentrate grade
- Locked-cycle test indicates robust results
- Demonstrates amenability of lower-grade material
- Part of maiden metallurgy for Lion Zone
Evidence · table
“89.1”
Context: 0.97 g/t
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycle flotationLion Zone · platinumRecovery: 84.1 %Head Grade: 0.22Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Lion Zone
- Commodity
- platinum
- Ticker
- PNPN
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle flotation
- Processing Route
- flotation
- Sample
- LG2 low-grade composite
Recovery
- Recovery
- 84.1 %
- Recovery Basis
- actual_test
- Head Grade
- 0.22
- Head Grade Unit
- g/t
- Conc. Grade
- 7.9
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The moderate platinum recovery from low-grade material in locked-cycle flotation tests is positive, confirming the amenability of a broader range of ore to processing for this PGM.
Positive factors
- Moderate platinum recovery for flotation
- Good concentrate grade
- Locked-cycle test indicates robust results
- Demonstrates amenability of lower-grade material
- Part of maiden metallurgy for Lion Zone
Evidence · table
“84.1”
Context: 0.22 g/t
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycle flotationLion Zone · goldRecovery: 83.1 %Head Grade: 0.37Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Lion Zone
- Commodity
- gold
- Ticker
- PNPN
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle flotation
- Processing Route
- flotation
- Sample
- LG2 low-grade composite
Recovery
- Recovery
- 83.1 %
- Recovery Basis
- actual_test
- Head Grade
- 0.37
- Head Grade Unit
- g/t
- Conc. Grade
- 12.7
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The moderate gold recovery from low-grade material in locked-cycle flotation tests is positive, confirming the amenability of a broader range of ore to processing for gold.
Positive factors
- Moderate gold recovery for flotation
- Good concentrate grade
- Locked-cycle test indicates robust results
- Demonstrates amenability of lower-grade material
- Part of maiden metallurgy for Lion Zone
Evidence · table
“83.1”
Context: 0.37 g/t
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycle flotationLion Zone · silverRecovery: 75.9 %Head Grade: 6.26Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Lion Zone
- Commodity
- silver
- Ticker
- PNPN
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle flotation
- Processing Route
- flotation
- Sample
- LG2 low-grade composite
Recovery
- Recovery
- 75.9 %
- Recovery Basis
- actual_test
- Head Grade
- 6.26
- Head Grade Unit
- g/t
- Conc. Grade
- 271
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- SGS Canada Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: The moderate silver recovery from low-grade material in locked-cycle flotation tests is positive, confirming the amenability of a broader range of ore to processing for silver.
Positive factors
- Moderate silver recovery for flotation
- High concentrate grade
- Locked-cycle test indicates robust results
- Demonstrates amenability of lower-grade material
- Part of maiden metallurgy for Lion Zone
Evidence · table
“75.9”
Context: 6.26 g/t
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.