#Canada #Toronto #Lion Zone #Power Metallic #Mineral Resource

Power Metallic Mines Reports Significant Drill Results from Lion Zone

Power Metallic Mines Inc. has recently shared notable drilling updates from its ongoing exploration efforts at the Lion Zone, an integral part of their Nisk Project Area. In this latest phase, assays from the winter 2026 drill program revealed promising intersections that underscore the rich mineralization of the area.

Key Highlights from the Drill Program

During this winter drilling campaign, significant intercepts were recorded in two specific holes:

• - Hole PML-26-094: This hole intersected 17.45 meters at an impressive grade of 9.47% Copper Equivalent (CuEqRec), including a standout section of 6.30 meters grading 17.91% CuEqRec.
• - Hole PML-26-101: Located roughly 100 meters east of 26-094, it achieved a wider intersection of 39 meters at 5.66% CuEqRec, which included 9.20 meters of high-grade material at 15.18% CuEqRec.

These results are not only crucial for estimating mineral resources but also for planning potential open-pit exploitation, indicating a robust future for the Lion Zone and the Nisk Project.

Strategic Importance of the Lion Zone

The Lion Zone has shown consistent high-grade mineralization, with drilling efforts now extending to a vertical depth of about 100 meters below the surface. This drilling approach, alongside previous wider spaced drilling activities, affirms the interpretations being made about the zone’s structure and mineral content. The current geometry suggests it is well-positioned for further resource classification into the Indicated Resource category, enhancing the prospect of future mining operations.

CEO Terry Lynch expressed confidence in these results, stating, "The heart of Lion continues to deliver impressive results. These holes would rank among our top performers at the Lion Zone, as we move closer to what we believe will be a very positive Mineral Resource Estimate in the upcoming quarter."

Future Directions

Power Metallic Mines is on a progressive path, looking to unveil more assay results as the winter drill campaign accelerates. Plans are also in place for additional exploratory drilling between the Lion and Tiger Zones, aimed at uncovering more zones of mineralization. Although some of the recent test holes encountered narrower intersections, they still suggest the mineralizing structures remain active throughout the region.

As Power Metallic facilitates comprehensive exploration and evaluation of the Lion Zone, stakeholders are eager to see how these developments can influence the broader strategic objectives set for the Nisk project area.

About Power Metallic Mines Inc.

Power Metallic is a dedicated Canadian exploration company, committed to advancing its high-grade Copper-PGE, Nickel, and gold-silver system at the Nisk Project Area. With a significant portfolio that includes an 80% option on the Nisk project and considerable adjacent landholdings, the company's strategic expansion initiatives position it favorably for emerging opportunities in the mining sector.

Their operations not only focus on the Nisk and Lion discovery zones but also aim toward successful evaluation of the Tiger target, with ongoing drill programs expected to yield further valuable insights and significant mineral yields.

For more information, interested parties can contact Power Metallic Mines Inc. directly at their headquarters in Toronto. Stay tuned for exciting updates as they continue their efforts in this rich mining landscape.