Power Metallic reports New Lion drill intercepts of 13.30 Meters of 3.98% CuEqRec¹ in Hole 26-115 and 5.26 Meters of 8.45% CuEqRec¹ in Hole 26-105 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 10:10:09 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Power Metallic reported high-grade copper equivalent intercepts from its Winter 2026 drill program at the Lion project. Notable results include 13.30 metres at 3.98% CuEq in hole 26-115 and 5.26 metres at 8.45% CuEq in hole 26-105.
Reasoning: The drill results report high-grade copper equivalent intercepts (up to 8.45% CuEq) which are significantly higher than the historical averages for the Lion project.
Positive factors
- High-grade copper equivalent intercepts
- Significant width on Hole 26-115
Facts used in scoring: 2
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: New hole IDs (26-115, 26-105) suggest new drilling within the Winter 2026 program.
Evidence · text
“additional assay results from its Winter 2026 drill program”
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 results are reported as CuEq without disclosing the specific price or recovery assumptions used for the calculation.
Evidence · text
“3.98% CuEqRec¹”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
26-115Lion · copperGrade: 3.98Grade Unit: %Intercept: 13.3 mView all detailsHide details
Identity
- Hole ID
- 26-115
- Project
- Lion
- Commodity
- copper
- Ticker
- PNPN
Geometry
- Grade
- 3.98
- Grade Unit
- %
- Intercept
- 13.3 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-23T00:00:00.000Z
Reasoning: High grade intercept of 3.98% CuEq over 13.3m.
Positive factors
- Strong grade and width
Negative factors
- Equivalent assumptions not disclosed
Evidence · text
“13.30 Meters of 3.98% CuEqRec¹ in Hole 26-115”
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
26-105Lion · copperGrade: 8.45Grade Unit: %Intercept: 5.26 mView all detailsHide details
Identity
- Hole ID
- 26-105
- Project
- Lion
- Commodity
- copper
- Ticker
- PNPN
Geometry
- Grade
- 8.45
- Grade Unit
- %
- Intercept
- 5.26 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-23T00:00:00.000Z
Reasoning: Very high grade intercept of 8.45% CuEq.
Positive factors
- Exceptional grade
Negative factors
- Equivalent assumptions not disclosed
Evidence · text
“5.26 Meters of 8.45% CuEqRec¹ in Hole 26-105”
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
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.