Power Metallic Mines

Power Metallic Mines reports high-grade copper equivalent intercepts at Lion Zone

Power Metallic Mines reports high-grade copper equivalent intercepts at Lion Zone Proactive uses images sourced from Shutterstock

Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has reported assay results from its summer-fall 2025 drill program at the Lion Zone on its polymetallic Nisk Project in Quebec, highlighting multiple high-grade copper equivalent intersections.

The company said drilling aimed at extending mineralization down plunge and infilling the deposit to support a future mineral resource estimate (MRE) continues to define the geometry and grade of the Lion Zone.

Among the reported results, hole PML-25-046 intersected 20.40 metres grading 4.11% copper equivalent (CuEqRec), including 8.4 metres at 8.05% CuEqRec. Hole PML-25-045 returned 8.6 metres grading 6.34% CuEqRec, including 5.1 metres at 9.86% CuEqRec.

The company noted that the intercept in hole PML-25-046 was initially expected to be lower grade based on visual estimates of copper mineralization in the core. However, assays indicated that the 20.4-metre interval, which averaged 0.88% copper, was supplemented by elevated palladium values averaging 5.01 grams per tonne (g/t), along with platinum and gold.

Power Metallic said it is refining its logging procedures to better identify higher-grade precious metal zones within the polymetallic system.

Additional results from hole PML-25-034a on the western side of the Lion Zone included 7.66 metres grading 2.69% CuEqRec, with a higher-grade subsection of 3 metres at 4.96% CuEqRec. The company said these extensional holes have confirmed grade continuity while expanding the interpreted high-grade lodes.

Drilling in hole PML-25-036, located approximately 150 metres west of the main Lion Zone, intersected 7.2 metres grading 0.95% CuEqRec, including 2.40 metres at 2.36% CuEqRec. The company said the results suggest the presence of another lens of polymetallic mineralization west of Lion, which will be targeted in future drilling.

According to Power Metallic, the Lion Zone drilling program was designed to test extensions below known high-grade shoots and to infill the deposit to a confidence level that would support an Indicated Resource classification in a future estimate. Reported intervals represent downhole lengths, with true widths estimated at approximately 85% of downhole distance.

Power Metallic said it expects to receive the remaining assay results from the fall drill program by the end of February. The company plans to provide further updates on exploration activities at Lion West, Hydro lands, Tiger Deep, Elephant, and the recently acquired Li-FT ground, as well as ongoing drilling at the Lion Zone East expansion targeting newly identified high-grade east-plunging structures.

“We have made a lot of progress on the Lion Zone,” Power Metallic CEO Terry Lynch said in a statement.

“The continuity and growth of the higher-grade core of Lion Zone with infill drill holes (MRE holes), coupled with our amazing metal recovery numbers that we reported a couple of weeks ago, puts us in great shape to ramp up exploration this year.”

Copper equivalent grades were calculated using metal prices of US$2,360.15 per ounce gold, US$27.98 per ounce silver, US$1,215 per ounce palladium, US$1,000 per ounce platinum, US$4 per pound copper, US$10 per pound nickel and US$22.50 per pound cobalt, along with metallurgical recoveries from recent locked-cycle testing conducted by SGS Canada.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button