Power Metallic intercepts 17.45 Meters of 9.47% CuEqRec¹ in Hole 26-094 and 39 Meters of 5.66% CuEqRec¹ in Hole 26-101 at Lion

Original announcement by yahoo_press on

Company
Power Metallic Mines Inc.
Ticker
PNPN
Exchange
TSXV
Region
Unavailable
Primary commodity
Copper
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-19 10:12:09 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Power Metallic Mines Inc. has reported high-grade copper equivalent intercepts from its winter 2026 drill program at the Lion project. Notable results include 17.45m at 9.47% CuEq in hole 26-094 and 39m at 5.66% CuEq in hole 26-101.

Reasoning: The announcement reports two high-grade copper equivalent intercepts (9.47% and 5.66% CuEq) with substantial widths (17.45m and 39m), which are significantly above the project's prior average copper grade of 1.756%.

Positive factors

  • High-grade copper equivalent intercepts
  • Significant interval widths

Facts used in scoring: 2

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 9.47% CuEq is exceptionally high for a copper-focused project.

Evidence · text

“17.45 Meters of 9.47% CuEqRec¹”

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: The release uses 'CuEqRec' without disclosing the specific price, recovery, or payability assumptions used for the calculation.

Evidence · text

“9.47% CuEqRec¹”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

26-094Lion · copperGrade: 9.47Grade Unit: %Intercept: 17.45 mView all details
Link to this fact

Identity

Hole ID
26-094
Project
Lion
Commodity
copper
Ticker
PNPN

Geometry

Grade
9.47
Grade Unit
%
Intercept
17.45 m

Classification

Program
exploration
Sample Type
drill

Metal Equivalent

Metal Eq. Grade
9.47
Metal Eq. Unit
% CuEqRec¹
Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: Very high grade intercept with significant width.

Positive factors

  • High grade

Negative factors

  • Opaque equivalent assumptions

Evidence · text

“17.45 Meters of 9.47% CuEqRec¹ in Hole 26-094”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

26-101Lion · copperGrade: 5.66Grade Unit: %Intercept: 39 mView all details
Link to this fact

Identity

Hole ID
26-101
Project
Lion
Commodity
copper
Ticker
PNPN

Geometry

Grade
5.66
Grade Unit
%
Intercept
39 m

Classification

Program
exploration
Sample Type
drill

Metal Equivalent

Metal Eq. Grade
5.66
Metal Eq. Unit
% CuEqRec¹
Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: Strong grade and very wide intercept.

Positive factors

  • High grade
  • Large width

Negative factors

  • Opaque equivalent assumptions

Evidence · text

“39 Meters of 5.66% CuEqRec¹ in Hole 26-101”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.