Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has tapped former NextOre CEO Christopher Beal as vice president of operations to lead the company toward a development decision on its high-grade Nisk polymetallic project.
Beal brings more than 15 years of experience in mining operations, technology commercialization, corporate development, and capital markets. At NextOre, he grew the magnetic resonance sorting technology company from zero to a $131 million market capitalization, raising $17.9 million across four capital rounds and securing operational contracts across Australia, the Philippines, Chile, Mexico, and Zambia.
CEO Terry Lynch said Beal would take on primary responsibility for completing the company's upcoming preliminary economic ***** sment and feasibility study on the Nisk project.
"We sincerely believe Nisk has the potential to become a robust new mine and that these studies will derisk and eventually lead to a positive development decision," Lynch said. "We look forward to having Chris be a principal in this transformation."
The company expects Beal to transition to COO toward the end of 2026 or early 2027.