$PNPNF $PNPN Power Metallic Reports High Grade Ass
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Posted On: 09/22/2025 9:53:36 AM
$PNPNF $PNPN Power Metallic Reports High Grade Assays and Provides Summer Update
https://www.prnewswire.com/news-releases/powe...62998.html
**Power Metallic Reports High Grade Assays and Provides Summer Update**
TORONTO, Sept. 22, 2025 - Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the completion of the summer drill program and the return of five (5) holes from the 2025 drill campaign focused on the Lion Zone.
Summer Program Overview:
- 34 holes drilled for 17,250 total meters
- 13 holes surveyed with Bore Hole Electromagnetic (BHEM)
- Program ended September 15th due to Moose Break
- 3 holes still in progress when season ended
Drilling Breakdown:
- Lion Extensional Drilling: 3,929 meters
- Lion In-fill drilling for future Mineral Resource Estimation: 5,845 meters
- Tiger Area drilling: 2,067 meters
- Nisk Deposit Drilling: 3,575 meters
- Regional Exploration drilling (new Li-FT acquisition ground): 1,833 meters
Key Results:
The completed plunge extension hole (PML-025-014) intersected the Lion deposit approximately 100m west and 175m down plunge from the nearest known drill hole, returning a 9.44m intersection of 1.10% CuEq.
In-fill drilling confirmed continuity of the Lion Zone in all holes while highlighting the previously interpreted high variability of grade and thickness. This drilling will greatly increase confidence in modeling for future resource estimation.
Infrastructure Improvements:
Power Metallic constructed drill mat roads with bridged stream crossings to provide year-round access to the Lion area. This infrastructure allows deployment of more powerful skid-mounted drills, significantly improving drilling productivity.
VTEM Survey Success:
All exploration holes targeting airborne EM anomalies hit sulphide-bearing structures, verifying the BHEM conductors from the recently completed property-wide VTEM survey.
Land Expansion:
On September 3rd, 2025, the Quebec government expanded mining rights near the Lion Zone discovery by lifting previous Hydro-Quebec restrictions. Power Metallic has bid on additional land with results expected within 30-90 days.
Fall Program:
Drilling will resume after the Moose Break with pending results from multiple programs. A detailed fall-winter program summary is planned for release by end of October.
CEO Terry Lynch commented: "As important as our drilling program was this summer, I can sincerely say our primary mission was to get more land. The Lift Package and the lifting of the Hydro Quebec restriction will really benefit the project's development."
Copper Equivalent calculated based on metal prices (USD): $2,360.15/oz Au, $27.98/oz Ag, $1,215.00/oz Pd, $1000.00/oz Pt, $4.00/lb Cu, $10.00/lb Ni and $22.50/lb Co, with 80% recovery for all commodities.
https://www.prnewswire.com/news-releases/powe...62998.html
**Power Metallic Reports High Grade Assays and Provides Summer Update**
TORONTO, Sept. 22, 2025 - Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the completion of the summer drill program and the return of five (5) holes from the 2025 drill campaign focused on the Lion Zone.
Summer Program Overview:
- 34 holes drilled for 17,250 total meters
- 13 holes surveyed with Bore Hole Electromagnetic (BHEM)
- Program ended September 15th due to Moose Break
- 3 holes still in progress when season ended
Drilling Breakdown:
- Lion Extensional Drilling: 3,929 meters
- Lion In-fill drilling for future Mineral Resource Estimation: 5,845 meters
- Tiger Area drilling: 2,067 meters
- Nisk Deposit Drilling: 3,575 meters
- Regional Exploration drilling (new Li-FT acquisition ground): 1,833 meters
Key Results:
The completed plunge extension hole (PML-025-014) intersected the Lion deposit approximately 100m west and 175m down plunge from the nearest known drill hole, returning a 9.44m intersection of 1.10% CuEq.
In-fill drilling confirmed continuity of the Lion Zone in all holes while highlighting the previously interpreted high variability of grade and thickness. This drilling will greatly increase confidence in modeling for future resource estimation.
Infrastructure Improvements:
Power Metallic constructed drill mat roads with bridged stream crossings to provide year-round access to the Lion area. This infrastructure allows deployment of more powerful skid-mounted drills, significantly improving drilling productivity.
VTEM Survey Success:
All exploration holes targeting airborne EM anomalies hit sulphide-bearing structures, verifying the BHEM conductors from the recently completed property-wide VTEM survey.
Land Expansion:
On September 3rd, 2025, the Quebec government expanded mining rights near the Lion Zone discovery by lifting previous Hydro-Quebec restrictions. Power Metallic has bid on additional land with results expected within 30-90 days.
Fall Program:
Drilling will resume after the Moose Break with pending results from multiple programs. A detailed fall-winter program summary is planned for release by end of October.
CEO Terry Lynch commented: "As important as our drilling program was this summer, I can sincerely say our primary mission was to get more land. The Lift Package and the lifting of the Hydro Quebec restriction will really benefit the project's development."
Copper Equivalent calculated based on metal prices (USD): $2,360.15/oz Au, $27.98/oz Ag, $1,215.00/oz Pd, $1000.00/oz Pt, $4.00/lb Cu, $10.00/lb Ni and $22.50/lb Co, with 80% recovery for all commodities.
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