Thank you, [Julian], and thank you, Mr. [Tungsten]. The background is sorted in all of the schedules, so nothing against Almonty. We love Almonty. Up next is Power Metallic Mines, the next big Canadian polymetallic mine with Duncan Roy. Duncan is already starting to share his screen. We cannot see you yet. Let us see if we can get the video started. Duncan, can you hear me? We can see the presentation. We can see the disclaimer. The first step is already done. Now we need Duncan. There we go. Can you hear me now? Awesome. Yes. We can see you here. We see the presentation. All yours. You have 25 minutes of presentation and then about five minutes for Q&A. Okay, perfect. Thank you. Thanks everyone for joining today and pretty happy to discuss our project, Power Metallic. We have got the highest- grade copper and PGE discovery in the world. It is very exciting. It is very rare. These are orthomagmatics. There has only been 20 of them discovered in the world. They are the richest mines, the most valuable mines on the go. We are the 21st. Before we get into it, just show you the classic Pinocchio page. I am going to tell you things that I believe are true, but please do your own due diligence and go from there. The key asset that we have at Nisk in Quebec is the Lion discovery, and it is just an exceptional project that we have on our hands. As you can see from this chart, tremendous grades going from surface down to depth, open in all directions. We are typically showing intervals of over 25 m of copper EQ numbers that are double digits. We profile here between 11% and almost 13%. So incredibly rich and it continues to get bigger and better. We recently put out a MRE. Basically, that shows that it will cost us only CAD 200 million to get this thing put into production. Our stock has been going sideways, and we think it should offer a tremendous upside opportunity for investors here as we go forward. The 43-101 basically raises the floor of valuations. We've got just over 300,000 tons of metal contained tons. The average orthomagmatic that's out there is about 2 million. The smallest is 1.2 million and the larger ones are 10 million plus. So we expect as we continue to do our exploration and development work that we'll see substantially higher numbers in this category. We're in the province of Quebec. We're southeast of James Bay. There's a couple great aspects to our locale. At the end of the day, Hydro-Quebec really developed this area going back to the 1960s, building all their electrical systems. As a result, our property is right beside a major highway. We've got a Hydro-Quebec substation across the street with power going over our land. We're just outside the town of Nemaska, which is also the headquarters of the James Bay Cree. Hydro-Quebec built a regional airport there. The James Bay Cree and Hydro-Quebec have a big camp that we utilize, and we get help from them in terms of accommodations and food, amongst other things. The bigger picture stuff from Quebec is also incredibly attractive. Both the province and the federal government will give you tax credits and abatements that cover 55% of the cost of putting this project into production. Again, as I said, because it's so rich and it's going to be an open pit to start, it's only going to cost us a couple CAD 100 million. So our CapEx needs are going to be very low for this. The Quebec government is very pro-mining. There's four mines within 100 mi of our location. The James Bay Cree have been incredibly helpful. They've done things like help us get strategic properties that Hydro-Quebec had restricted. We ended up getting that stuff for free, which is fantastic. If we were a bunch of guys from Toronto trying to get in to see the guys at Hydro-Quebec, we'd still be there 10 years from now. So very positive. Another aspect, we drill about 40, 41 weeks of the year. You typically have time down in spring break, which coincides with goose hunting season, and then currently moose hunting season. The James Bay Cree have done something different this year for us and allowed us to do some limited drilling still through these restricted periods. So hats off to them and a testament to how solid our relationship with them is. At the end of the day, one of the biggest risks to mining is the not in my backyard issue, and it is definitely not an issue for us. Just very quick history. We started off with Nisk Main over here in the bottom left. It was a nickel discovery from surface down to about 500 m. We did a step out a number of years ago. It was phenomenal. It was the third-best platinum palladium hit in the world that year. Off we go, that is the start of the orthomagmatic discovery called Lion. Polymetallics, people are generally familiar with, but orthomagmatics, the subclass of it, not really. In the big picture, orthomagmatics are a combination of PGEs, including gold and silver, copper, and nickel. At this point, we are over here on the right-hand side, very copperous. Very close to Oktyabrsky. In fact, the only sort of apples-to-apples comparisons that are out there are Norilsk or Oktyabrsky and Morrison, which is Sudbury Footwall. Just a quick tip, we publish on occasion pictures of our core in advance of assays. If you ever see that on a news release, you know something good is coming down the pipes. This discovery was instrumental in getting a lot of attention. At this point, we actually have 17 billionaires on board, but the ones profiled here are ones that are germane to the mining industry. Robert Friedland has been a key investor leading our last three investments. Rob McEwen has been in our last four financings. The last one we did just a couple weeks back, raising $28 million. Eric Sprott came in finally. Gina Rinehart was an early adherent to our story, and she bought in the open market significantly. When you have smart money like this, these guys are not looking to make 25% or 30% on their money. They are looking for something substantial, and we believe we have the opportunity for people to make incredible multiples on their investment here at this point. At the end of the day, what do you need? You need some guys who have their act together. You might have a great asset or you might have a great technology, interesting business, but if it is run by morons, they will burn it to the ground every time. Not the case for us. The guys in the top level here, led by Terry Lynch, our CEO, we are basically on the finance money side. I want to profile some of the guys at the bottom. Number one in the bottom center is Dr. Steve Beresford. Fantastic CV. This guy was the geo and later Chief Scientific Officer for First Quantum, MMG and IGO, all multi-billion dollar discoveries. This guy has probably done more drilling on polymetallics than anyone else on the go. He is kind of a demigod in the geo world in Australia, and people are getting to know him even more. He is ex Western Mining as well. He worked at the same time there with Joe Campbell on the bottom left. He is our VP Exploration. He is responsible for one of the big nickel discoveries up in the Canadian Arctic. He knows what he is doing. He runs a company called GeoVector. They are one of the top geological consulting companies. GeoVector looks after all of our work, both in their headquarters in Ottawa and at site at Nisk. Third guy on the geological side, recent addition to our company is Christopher Beal. He comes in as our Vice President of Operations. He is incredibly gifted. Lots of experience for majors, mostly in Australia. He will be the key guy helping guide our PEA, which is going to start shortly, and should be out in H1, but potentially as early as the end of Q1 next year. He'll be the guy designing and operating our production at Nisk. The last character to profile here is Seamus O'Regan. At some point you go from dealing with geology and rocks to dealing with bureaucrats. He's well situated to help us out in that front. He's the former Canadian Federal Minister for Mines and Energy, Natural Resources, and also Indigenous Affairs. Very well suited for helping us move the puck down the road. We put out a 43-101 recently. It shows CAD 200 million cost to put this thing. What's very unique about it is we're looking at a payback of about one year after production starts. Most of our high-grade tons are available to operate as an open pit. All the key stuff, very high recoveries, incredibly low CapEx and the IRR number, which we'll publish with the PEA, should be absolutely significant. One thing people look for is where are you on the world? We are still in the early days of developing this whole project. It's a district play and we have the potential at this point for two mines. These orthomagmatics are typical multiples. We have kicked the tires on the property, and we think we've got a bit of a handle on where the next ones are. Right now we're doing a whole bunch of drilling still at Lion and extending our depths there. We're using some interesting technology called Muon, which is going to help us with potentially more discoveries and giving us some more data. We use a lot of technologies to work our project here. The next little while, you'll see a bunch of assays coming out. There'll be some significant ones. We're putting out more data on Lion Deep, which I'll talk about shortly. We have a new early days discovery that we call Black Panther. Stay tuned for assays coming out from those in short order. The PEA that we put out will have drilling data going right through to the end of this fiscal year, where the MRE only had it up till the 17th of April. Profile here on Lion Grade, open in all directions at this point. We just released some holes down here. The MRE covered surface down to about 610 m just on the core, not on some of the other properties that are over here. We will be putting out some assays, 125 and 128, which go down to 900 m true vertical. On the assumption that they're positive, this will significantly alter the potential size of this resource. When we raised CAD 50 million, the February of last year, we took a moment to think about things and realized that these orthomagmatics are typically district plays. We went into a rapid land acquisition program. We went from about 43 sq km to well over 300 sq km, an increase of more than 600%. We continue to add properties through staking. There's a lot of lithium companies around that are over their skis. Lithium's not popular, and these guys are giving up core properties that we think are attractive. At this point, early days, we identified eight major targets in this area. We own seven of them at this point, and we're in discussions on getting our hot little hands on number eight. I mentioned Muon earlier. It's kind of a sci-fi sort of thing. There's these subatomic particles that whip through space. They've been doing it for eons. They go right through the Earth. Some rocket scientist guys kind of figured out that they could measure the speed and velocity of these subatomic particles. Using some science and math, they are able to figure out density of rocks. These tools are in place for us. They are being used by other companies too, like Rio Tinto, and there is a fantastic example with a company called Fireweed discovery out in Western Canada. They drilled 80+ holes on one part of their property. They incorporated Muon. Muon is slow. It takes about three to five months to give a basic picture, kind of like the old Polaroid photo shots. But after about 9- 12 months, you get a pretty distinct look. In the case of Fireweed, they identified rocks that were identical to the ones that they were drilling on the left in this example. Put in three additional holes on those targets and doubled their resource. This thing is pretty interesting, and we hope it works well for us. On the bottom of the page, you will see we have Lion over here on the right, Nisk over here. We think that there is about a 14 km stretch where we have lots of evidence of different mineralizations, and we are going to use Muon to further explore this. Earlier this year, we put out metallurgy. With polymetallics, it is always an issue, especially if they are low grade. Ours is not. SGS did the work here as well as doing our MRE. This is the best metallurgical results that SGS has ever seen, and when we put this out, basically should have been telling the market this is going to be a mine. You will see copper at almost 99%, platinum and palladium in the mid to upper 90s, and gold and silver in the mid to upper 80s. This all goes into a single copper concentrate, makes it incredibly efficient to get maximum bang for your buck out of your processing. When we did the MRE with SGS, one of the things that came out was the Nisk Main, mostly nickel. It did not have great economic numbers, but what SGS is doing right now is a study. It will be finished in about seven weeks. They are taking a look at what is classically done. It has been done by guys like the geos at Norilsk and Sakatti in Finland, and that is to combine the nickel-rich ore at Nisk Main with the copper-rich ore at Lion. It tends to optimize and improve the output from the nickel body here. We think that there is a strong potential that on the successful conclusion of this study, that you will see SGS redo our numbers for our resource here. Looking forward to that process. As I said, you can be all over the map with different porphyries. The highlight here is we are ultra high in terms of the rocks that we have. Grades are incredibly strong. The CapEx is low, and we will be able to publish our PEA and show the percentage numbers here, but they will be at the top of the quartile for sure. Basic background in the environment here. The commodities at this point look incredibly valuable. Looks like once we get through this short-term period where yields have been going the wrong direction for people in the bond markets, that we get back to seeing the commodity environment improve further from where it is at this point. It has been strong, obviously, as everyone knows, over the last couple years. We can profile this at a different time, but basically copper looks like it is absolutely on fire. There have been very few discoveries on the go. There are supply constraints left, right, and center, and the demand curve is incredibly strong. Copper looks like it has significant upside here as we go forward. There we go. Key thing to look at here in our ownership picture is the number of high net worth individuals that we have. They are significant here. They are roughly 19% of our company. We have Terry Lynch and his family and management groups owning roughly 20% as well. Some key strategic and key institutions on board. At the end of the day, we can safely cover over 50% of the stock. It helps prevent someone taking advantage of us with a hostile takeover. On the left side, you see our share count. Our market cap is about CAD 300 million plus. We have about 30 some odd million warrants. Look for those to get exercised over the next couple of weeks and a month or so. They are all in the money basically, and that is going to add about $10 million-$12 million to our treasury. Our last reported numbers were about $25 million in the treasury, so this is going to be a positive coming in. As I said, our stocks have basically been going sideways for about 18 months, despite us increasing our resource size and having additional discoveries. We think that is going to change here, especially with news flow over the next couple weeks and month or so. In summary, we are cranking away with our exploration work. We have made some interesting new discoveries like Black Panther. We currently have two rigs drilling deep at Lion. We will add more once moose hunting season is finished. MRE shows some strong values. Metallurgy was off the charts. We continue to add more land and expand our footprint in this district play. Two small profiles for us. We wanted to concentrate on the Nisk project. Last February, we took our assets that we had in Chile and British Columbia. We took 50% of those and gave them to our shareholders as a dividend. The Chilean is public at this point now, and it is going to start a very interesting drilling program in the new year. It is getting an awful lot of attention from the majors that are operating in that area as well. That is kind of fun. Another area that we have is Saudi Arabia. We have a number of projects there. We should be announcing more additions shortly. First project there was 100 sq km, 100% owned entity. It is pretty well next door to a big $5 billion-plus discovery that Barrick has had. Basically, Saudi is the next frontier. It is not a reason to buy our stock today, but it is something for down the road and we are kind of excited about that. Last major thing, which should be coming out shortly is we will be uplisting to Nasdaq. That should be around the second week of November. For that, we just have to do two things. We have to formally file on SEDAR our MRE documents. That is happening as we speak. The second thing is they have asked us to raise about $15 million. The structure that we will use are what they call ADSs or ADRs, as I know them. Basically it is a bundle of your shares. Let's guess we'd probably use something like 10 shares in each unit, and the financing will cover those units. So there's some liquidity for market participants. That's essentially our story. I can talk about this for a much longer time, but we're limited here today, so happy to open it up for questions and proceed from there. Yes. Duncan. Fantastic presentation. You mentioned that the deeper drilling at Lion was not included in the main resource. So what have you seen since then that has changed your view of how large Lion could ultimately become? So with different technologies and such, we know it goes down to at least 1,200 m. Just recently we put out two holes down about 700 m and change. One was 5 m of about 5% copper EQ. The second was much nicer, 5.7 m at 14% copper EQ. So those are pretty strong. That definitely says this trend of Lion continues, and we have a pretty good handle on its structure. In the labs in imminent are hole 125 and 128. They go down to 900 m true vertical, and they're in mineralization. The shareholders are going to be pretty happy when we put those results out as well. So we'll continue drilling off those holes using wedges, so we're covering more area and getting better definition. We'll be extending down to 1,200 m at this point. Doesn't make sense for us to go deeper than that, economics and time. But that should significantly increase the size of the resource at Lion. You talked quite a bit about this exciting technology, Muon. If it works out as you hope, how could it change the way you explore Lion and the wider property? Well, on a simple level and what we will first see is we put Muon on the project. We have four holes that they put the tools down about 900 m. It gives you a cone visualization. We position them as coverage of parts of Lion where we have known data with other areas that we have some data or no data at all. Basically, the first thing we do is make sure that this technology works and corroborates what it sees. After that, it is going to give us drill targets for Lion. For the first one that we are doing here, the MRE covered a concentrated area, but there is other discoveries that we made over to the side. They are not contiguous, so they did not get included in the MRE, which is a shame. This Muon technology will allow us to hopefully connect all the dots and again, increase the size of the MRE. After that, it is going out to do other exploration work. It allows us to get data from this technology, incorporate it with all the rest of the stuff we have, airborne, ground, and borehole EM, geochem work, all that stuff. We can take the drills and operate them in other areas where we have got early days of other discoveries. The next big milestone is the PEA, which is planned for, I think, the first half of 2027. What are the main things you would the study to demonstrate to investors? We want to show the absolute robust economics that this thing has and the value that it has. Because they are able to incorporate more drilling data going through to the end of this year, they are going to show a substantially larger, I believe, resource that we have. Its economics are going to be outstanding. We think this is going to be great for recognition and value creation for our company. Okay. Would it make sense to combine Lion and Nisk? Strategically, how important could Nisk become to the overall development story? Yeah. That is an interesting angle. The SGS report that is out in about seven weeks is going to look at how the combination of these metals increases the MRE and increases the economics of the Nisk Main discovery. When we discovered Lion, we really stopped drilling at Nisk Main. We have an awful lot of evidence that suggests Nisk Main is substantially larger than it is at this point. We did Fleet Space work on it with their ambient noise tomography. We identified two major halos on either side that look similar to the resources there today, and then two subsequent smaller ones on either side. If the economics work care of SGS's research, then we will get back drilling and expanding the size of Nisk Main as well. A second potentially substantial resource for us. Excellent. We just run out of time. Do you have a few closing words, very short to close the presentation? It was, again, really exciting, especially with the new technology that Muon can show. Just a few words, why is now the time to invest in Power Metallic Mines? I was a broker for a long time. I always bought things successfully when I had at least 3:1 upside to downside. In our case, that number isn't a three, it's substantially higher. We just have so much upside and such valuable assets that I think investors will have an awful lot of fun here in the next little while. Duncan, thank you so much. Thank you, everyone. Have a great day, everyone. Thanks.