Power Metallic Mines Inc. Intersects 5.35 Meters of 11.97% Cu (16.35% CuEqRec) in Hole 25-022 Infill Drilling Expanding the Lion Zone and Land Assembly

Power Metallic Mines Inc. announced that the summer drilling program was designed to search for extensions to the Lion Zone, specifically down plunge from known mineralization, and to infill drill, including ‘edge’ holes, on the Lion zone to define the zone geometry to a confidence level that would allow a future mineral resource estimate to be carried out to an Indicated Resource classification. Extensional drilling was slow during the summer program as technical problems with the helicopter supported drills led to lost holes (such as holes PML-25-019 and 024a in this release) that did not reach the mineralization horizon for Lion. But the company has gained excellent insight that is guiding company fall and winter drilling program.

In addition, the company didn’t drill highest priority drill targets due to their proximity to the land assembly activities were working on. The company has gained excellent insight that are guiding company’s fall and winter drilling program. The company didn’t drill company’s highest priority drill targets due to its proximity to the land assembly activities the company were working on.

The company’s Nisk Project is a high priority drill targets that were working on.