Power Metallic Reports Lion Zone Recoveries of 98.9% Copper, 93.9% Palladium, 96.8% Platinum, 85% Gold and 88.9% Silver from Initial Metallurgical Results as Reported by SGS Canada Inc.

Original announcement by yahoo_press on

Company
Power Metallic Mines Inc.
Ticker
PNPN
Exchange
TSXV
Region
Quebec
Primary commodity
Copper
Secondary commodities
Palladium, Platinum, Gold, Silver
Document categories
Metallurgy
Extracted
2026-09-19 10:17:27 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Power Metallic Mines Inc. has released initial metallurgical results from locked-cycle testing on Lion zone sulphide concentrates. The tests yielded exceptionally high recoveries for copper (98.9%), palladium (93.9%), platinum (96.8%), gold (85%), and silver (88.9%), with a copper concentrate grade of 25.8%.

Reasoning: The initial locked-cycle test results show exceptionally high recoveries for copper and all associated precious metals from the Lion zone sulphide concentrate.

Positive factors

  • Exceptional copper recovery
  • High recoveries across all reported precious metals
  • Strong concentrate grade

Facts used in scoring: 5

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Copper recovery of 98.9% is well above the exceptional band for flotation/concentrate routes.

Evidence · text

“Copper (98.9%)”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The results are from a locked-cycle test producing a concentrate, implying a mill/flotation circuit.

Evidence · text

“initial Lock Cycle Test returned a sulphide concentrate”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are described as 'initial' locked-cycle tests, which are bench-scale.

Evidence · text

“initial Lock Cycle Test”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Metallurgical Results (5)

locked-cycleLion zone · copperRecovery: 98.9 %View all details
Link to this fact

Identity

Project
Lion zone
Commodity
copper
Region
canada_qc
Reported Region
Quebec
Ticker
PNPN

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
locked-cycle test
Sample
representative samples of Lion zone mineralization

Recovery

Recovery
98.9 %
Recovery Basis
actual_test
Conc. Grade
25.8
Conc. Grade Unit
%

Lab

Laboratory
SGS Canada Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 98.9% recovery is exceptional for copper.

Positive factors

  • Exceptional recovery

Evidence · text

“Copper (98.9%)”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.9% is at or above the exceptional band (92%)

locked-cycleLion zone · palladiumRecovery: 93.9 %View all details
Link to this fact

Identity

Project
Lion zone
Commodity
palladium
Region
canada_qc
Reported Region
Quebec
Ticker
PNPN

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
locked-cycle test
Sample
representative samples of Lion zone mineralization

Recovery

Recovery
93.9 %
Recovery Basis
actual_test

Lab

Laboratory
SGS Canada Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 93.9% recovery is very strong for palladium.

Positive factors

  • High recovery

Evidence · text

“Palladium (93.9%)”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

locked-cycleLion zone · platinumRecovery: 96.8 %View all details
Link to this fact

Identity

Project
Lion zone
Commodity
platinum
Region
canada_qc
Reported Region
Quebec
Ticker
PNPN

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
locked-cycle test
Sample
representative samples of Lion zone mineralization

Recovery

Recovery
96.8 %
Recovery Basis
actual_test

Lab

Laboratory
SGS Canada Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 96.8% recovery is very strong for platinum.

Positive factors

  • High recovery

Evidence · text

“Platinum (96.8%)”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

locked-cycleLion zone · goldRecovery: 85 %View all details
Link to this fact

Identity

Project
Lion zone
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
PNPN

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
locked-cycle test
Sample
representative samples of Lion zone mineralization

Recovery

Recovery
85 %
Recovery Basis
actual_test

Lab

Laboratory
SGS Canada Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 85% recovery is a solid result for gold.

Positive factors

  • Solid recovery

Evidence · text

“85% Gold”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

locked-cycleLion zone · silverRecovery: 88.9 %View all details
Link to this fact

Identity

Project
Lion zone
Commodity
silver
Region
canada_qc
Reported Region
Quebec
Ticker
PNPN

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
locked-cycle test
Sample
representative samples of Lion zone mineralization

Recovery

Recovery
88.9 %
Recovery Basis
actual_test

Lab

Laboratory
SGS Canada Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 88.9% recovery is a solid result for silver.

Positive factors

  • Solid recovery

Evidence · text

“88.9% Silver”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

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.