Energy Metal Acquires 167KM² from Li-FT Energy, Increasing Nisk
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Energy Metal Acquires 167KM² from Li-FT Energy, Increasing Nisk


TORONTO, June 9, 2025 /PRNewswire/ – Energy Metal Mines Inc. (the “Company” or “Power Metallic”) (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is happy to announce it has finished a definitive contract dated June 9, 2025 to procure a 100 % pastime in 313 mineral claims totalling 167 km² from Li-FT Energy Ltd. (“Li-FT”) (TSXV: LIFT) (OTCQX: LIFFF) (FRA: WS0). The claims adjoin the Corporate’s 45.86 km² Nisk trait, the place exploration is increasing the prime–grade Lion Cu–PGE discovery and the Nisk Ni–Cu–Co bank. On last, Energy Metal’s land place will develop greater than 300% to ~212.86 km², securing roughly 20 km of accident at the northern basin margin and 30 km at the southern margin that envelope the Nisk, Lion, and Tiger discoveries. 

Nisk Mission Segment

The Nisk-Lion-Tiger discoveries have established a brandnew polymetallic district with substantial doable for extra deposits. Those bank sorts are globally uncommon however method clusters at district and camp scale (Noril’sk and Talnakh, Kevitsa and Sakatti, as related examples). Recently came upon polymetallic mineralization at the Nisk trait has been confined to a significant translithospheric construction alongside the sedimentary basin margin defining the places of the Nisk, Lion, and Tiger discoveries (Determine 1 map of untouched Nisk goals overlain on geology).

Paintings by way of Energy Metal and Li-FT has recognized a bigger area proximal to the Nisk trait that has extra doable for polymetallic deposits. Considerably Energy Metal sees doable within the wider basin the place exploration to occasion counsel statuses matching to these on the Nisk-Lion-Tiger discoveries. The land bought from Li-FT covers an additional 20 km of accident space alongside the northern margin of the basin that incorporates Nisk-Lion-Tiger, and probably the most potential 30 km of accident space alongside the southern basin margin, which has been recognized by way of Energy Metal via regional geophysics as potential, and corroborated by way of extension terrain and until elemental anomalies from surveys performed by way of Li-FT (Determine 2 map of regional play games with Brandnew trait, appearing relative measurement with untouched Nisk trait). The keep watch over of probably the most voluntarily out there potential geology proximal to the identified mineralizing gadget (Nisk-Lion-Tiger) provides Energy Metal the chance to keep watch over the invention of a couple of polymetallic deposits throughout the recognized regional gadget throughout each its 80% owned homes and its 100% owned homes.

Steve Beresford, Director and Particular Marketing consultant, mentioned:
“Polymetallic deposits have unique primary and secondary geochemical footprints (that contrast with Nickel dominant sulfide deposits like Voisey’s Bay) that enable us to recognize early the tip of the iceberg i.e. extensions of Lion or mimics that represent new camp to district scale opportunities. We know a lot about how these deposits spatially cluster that’s different to lode Au or VMS, and now is the time to own the whole opportunity”.

Acquire Assurance Phrases
The acquisition of the 100% pastime within the claims (unique exploration rights) calls for a $700,000 money cost to Li-FT and the issuance of 6,000,000 ordinary stocks of the Corporate (the “Shares“). The entire Stocks could have a statutory book length of 4 months and a month from issuance based on Canadian securities regulations. 3,000,000 of the 6,000,000 Stocks can even endure a 12 occasion book and restriction from switch. Moreover, Li-FT will reserve a nil.5% NSR on all got claims. The proportion–weighted attention preserves money for drilling future giving each Energy Metal and Li–FT publicity to the exploration upside within the basin. The issuance of the Stocks is topic to the Corporate’s receipt of kindness from the TSX Undertaking Alternate.

Totally Funded 100,000–Metre Drill Program Via 2026

The drilling rig has been collared at the first hollow of the summer time program. We’re resuming paintings alongside the Nisk–Lion–Tiger development future integrating its newly got LIFT claims—a diffusion that will increase the Corporate’s land place greater than 300%. Farmland crews will mobilize in successive waves starting the closing month of Would possibly, with camp upgrades—together with grid–energy wiring for brandnew core–logging amenities—neatly underway. Drilling will first of all recommence within the Nisk-Lion-Tiger segment to increase flow zones. It’s expected that by way of early fall of 2025 the core facility capability can be ramped as much as six drills enabling faster exploration goal turnaround and versatility to practice exploration successes at the expanded Nisk Mission Segment.

Key components of the paintings program

  • District–scale information integration. Historic technical information from the LIFT claims are being compiled along current datasets to refine regional concentrated on.
  • Airborne & field geophysics. A immense–scale airborne EM survey—adopted by way of centered field EM—will search akin–floor conductors.
  • Systematic mapping and prospecting. Farmland groups will focal point on fields highlighted by way of Li–FT’s earlier geochemical anomalies, transferring from regional reconnaissance to clear mapping and sampling as anomalies are showed.
  • Apply–up drilling. As soon as initial geophysics and mapping effects are interpreted, precedence goals, basically showed by way of EM, can be drilled via past due 2025 and into the 2026 iciness season.

Terry Lynch, CEO, mentioned:
“Consolidating the LIFT ground lets us apply the geological insights from Nisk across a district–scale footprint. With over 100,000 metres of fully funded drilling in front of us, we can systematically approach new sulphide occurrences while continuing to grow our established resources.”

JC Evensen, Strategic Marketing consultant, added:
“The opportunity to consolidate control of this emerging polymetallic mineral district will allow Power Metallic to fully explore and understand its potential before determining the value maximizing development pathway for all stakeholders involved. The discovery of Lion transformed how this area was understood geologically, and now, with the counsel of Steve Beresford on the board, Joe Campbell, Adam Findlay and the entire exploration team have an opportunity to see if there is something better than Lion to be discovered.”

A extra clear summer time exploration plan—up to date to mirror the expanded acreage—can be absolved throughout the then 2–4 weeks.

Certified Individual
Joseph Campbell, P.Geo, VP Exploration at Energy Metal, is the certified one that has reviewed and authorized the technical disclosure contained on this information shed.

About Energy Metal Mines Inc.

Energy Metal is a Canadian exploration corporate taken with advancing the Nisk Mission Segment (Nisk–Lion–Tiger)—a prime–grade nickel–copper–PGE, gold and silver gadget—towards Canada’s then polymetallic mine.

On 1 February 2021, Energy Metal (nearest Chilean Metals) fasten an technique to earn as much as 80% of the Nisk venture from Essential Components Lithium Corp. (TSX–V: CRE). Following the June 2025 acquire of 313 adjacent claims (~167 km²) from Li–FT Energy, the Corporate now controls ~212.86 km² and kind of 50 km of potential basin margins.

Energy Metal is increasing mineralization on the Nisk and Lion discovery zones, comparing the Tiger goal, and exploring the enlarged land package deal via successive drill systems.

Past the Nisk Mission Segment, Energy Metal not directly has an pastime in vital land programs in British Columbia and Chile, by way of its 50% proportion possession place in Chilean Metals Inc., which have been spun out from Energy Metal by way of a plan of association on February 3, 2025.

Neither the TSX Undertaking Alternate nor its Legislation Services and products Supplier accepts accountability for the adequacy or accuracy of this shed.

Cautionary Be aware Relating to Ahead-Taking a look Statements

This message incorporates positive statements that can be deemed “forward-looking statements” regarding the Corporate throughout the which means of appropriate securities regulations. Ahead-looking statements are statements that don’t seem to be historic details and are usually, however now not all the time, recognized by way of the phrases “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” “indicates,” “opportunity,” “possible” and matching expressions, or that occasions or statuses “will,” “would,” “may,” “could” or “should” happen. Even if the Corporate believes the expectancies expressed in such forward-looking statements are in keeping with affordable suppositions, such statements don’t seem to be promises of pace efficiency, are topic to dangers and uncertainties, and unedited effects or realities might range materially from the ones within the forward-looking statements. Such subject material dangers and uncertainties come with, however don’t seem to be restricted to, amongst others; the timing for diverse drilling plans; the power to lift enough capital to investmrent its duties beneath its trait promises in the future and behavior drilling and exploration; to uphold its mineral tenures and concessions in just right status; to discover and form its tasks; adjustments in financial statuses or monetary markets; the inherent hazards buddies with mineral exploration and mining operations; pace costs of nickel and alternative metals; adjustments basically financial statuses; accuracy of mineral useful resource and retain estimates; the possibility of brandnew discoveries; the power of the Corporate to procure the important lets in and has the same opinion required to discover, drill and form the tasks and if accredited, to procure such licenses and approvals in a well timed type relative to the Corporate’s plans and trade goals for the appropriate venture; the overall talent of the Corporate to monetize its mineral assets; and adjustments in environmental and alternative regulations or rules that may have an have an effect on at the Corporate’s operations, compliance with environmental regulations and rules, dependence on key control body of workers and basic pageant within the mining business.

SOURCE Energy Metal Mines Inc.



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