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$PNPNF $PNPN.V Power Metallic Expands the Lion Zon

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Post# of 34
(Total Views: 48)
Posted On: 04/30/2025 11:04:43 AM
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Posted By: louied91
$PNPNF $PNPN.V Power Metallic Expands the Lion Zone - Exceptionally High Copper & Gold Grade Kicks on Deep Eastern Margin of Zone

https://www.prnewswire.com/news-releases/powe...42275.html

TORONTO, April 30, 2025 /PRNewswire/ - Power Metallic Mines Inc. (the "Company" or "Power Metallic" (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of 5 holes from the winter 2025 drilling campaign focused on the Lion Zone. The five holes (PN-25-096, 097, 100; and PML-25-001 and 002) were testing the down plunge extent of the Lion Zone, and a large off-hole EM (BHEM) anomaly detected in drill hole PN-24-093. All holes hit Lion style polymetallic mineralization (Table 1).

Power Metallic has been exploring multiple zones during the winter 2025 campaign, including the Lion Zone, Nisk Zone, Nisk East Zone, and Tiger Zone. The targets of the winter drilling extends over approximately 8km of strike of favorable stratigraphy. This news release is for Lion Zone drill holes (Figure 1).

Assay results are still pending from the winter 2025 program from extensional and definition drilling in the Lion area (9 holes remaining) and four holes from the Nisk deposit area.

LION ZONE DRILL RESULTS

The five holes reported in this release were testing the deeper plunge extent of the Lion Zone. Holes PN-25-096 and 097 intercepted wide zones (18.5 meters and 31.5 meters drill intercepts respectively) of lower grade disseminated mineralization in the structural hangingwall, as well as the narrower high grade zones characteristic of the Lion deposit (Table 1).

Of particular interest is high grade gold, silver, copper mineralization encountered within the ultra mafic (UM) layered intrusion (1.95 meters @ 13.54 g/t Au, 236.6 g/t Ag, 1.08% Cu, 0.21% Ni, 0.21 g/t Pd) in PN-25-096 (Table 1). This mineralization is in a stratigraphic sequence not previously seen to be mineralized at Lion (Lion occurs stratigraphically below the UM), and it appears to be a potential precursor to a more evolved polymetallic mineralization predicted in our exploration modelling.


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