Power Metallic Intercepts 4.40 Meters of 12.18% Cu (14.34% CuEqRec) included within 20.40 Meters of 2.91% Cu (3.58% CuEqRec) in Hole 25-029b at Lion, and Completes the Extension of PN-24-064 to define large off-hole BHEM anomaly

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 10:19:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Power Metallic Mines Inc. reported high-grade copper drill results from the Lion project, featuring a 4.40m intercept at 12.18% Cu. The program also successfully extended hole PN-24-064, defining a large off-hole BHEM anomaly.

Reasoning: The release reports a very high-grade copper intercept (12.18% Cu) and successful extension of a drill hole to define a new BHEM anomaly, indicating significant exploration success.

Positive factors

  • High-grade copper intercept
  • Step-out extension success
  • Definition of BHEM anomaly

Facts used in scoring: 2

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 12.18% Cu is exceptionally high for a copper deposit, well above the VMS/sedex thresholds.

Evidence · text

“4.40 Meters of 12.18% Cu”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The document explicitly states the completion of the extension of PN-24-064 to define a new anomaly.

Evidence · text

“Completes the Extension of PN-24-064 to define large off-hole BHEM anomaly”

Extracted facts

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

Drill Results (2)

25-029bLion · copperGrade: 12.18Grade Unit: %Intercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
25-029b
Project
Lion
Commodity
copper
Ticker
PNPN

Geometry

Grade
12.18
Grade Unit
%
Intercept
4.4 m

Classification

Sample Type
drill
Group ID
25-029b:null-null
Mining Method
unknown

Location

Loc. Confidence
low

Metal Equivalent

Metal Eq. Grade
14.34
Metal Eq. Unit
% CuEqRec

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-02T00:00:00.000Z

Reasoning: Extremely high grade intercept.

Positive factors

  • Exceptional grade

Evidence · text

“4.40 Meters of 12.18% Cu (14.34% CuEqRec)”

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

25-029bLion · copperGrade: 2.91Grade Unit: %Intercept: 20.4 mView all details
Link to this fact

Identity

Hole ID
25-029b
Project
Lion
Commodity
copper
Ticker
PNPN

Geometry

Grade
2.91
Grade Unit
%
Intercept
20.4 m

Classification

Sample Type
drill
Group ID
25-029b:null-null
Mining Method
unknown

Location

Loc. Confidence
low

Metal Equivalent

Metal Eq. Grade
3.58
Metal Eq. Unit
% CuEqRec

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-02T00:00:00.000Z

Reasoning: Solid grade over a substantial width.

Positive factors

  • Significant width

Evidence · text

“20.40 Meters of 2.91% Cu (3.58% CuEqRec)”

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.