Lion Group Holding(US:LGHL) Prnewswire·2025-12-02 08:00Core Viewpoint - Power Metallic Mines Inc. has reported positive results from its summer drilling program, indicating significant mineralization extensions in the Lion Zone and outlining future exploration objectives for the fall and winter seasons [1][5][20]. Summer Drilling Results - The summer drilling program focused on extending the Lion Zone and infilling to define the zone geometry for future mineral resource estimates. High-grade intersections were reported, including 4.40m at 14.34% CuEqRec in hole PML-25-029b and 1.59m at 27.92% CuEqRec in hole PML-25-025 [2][3][5]. - The drilling confirmed the grade of the Lion zone and increased the size of the interpreted high-grade lodes [2]. Nisk East Drilling - Drilling at the Nisk East target revealed modest intersections of Ni-Cu-Pd mineralization, with hole PMN-25-005 reporting 4.00m of 2.34% CuEqRec. The area is being reassessed following recent land acquisitions [6][7]. Future Exploration Plans - The company plans to target three strategic areas for further exploration, including the Deep Tiger anomaly and the Hydro Lands, with drilling expected to commence in 2026 [5][6]. - The exploration team is optimistic about the potential for new discoveries and is well-funded for upcoming work programs [6]. Geological Insights - The Deep Tiger target is based on reinterpretation of previous drilling, suggesting the presence of massive Ni-Cu sulphides in tonalitic intrusions. Recent surface mapping supports this hypothesis [8][14]. - The company is currently assessing logistical options for drilling into a significant off-hole anomaly identified in previous surveys [15]. Company Overview - Power Metallic is focused on advancing the Nisk Project Area, which includes high-grade Copper-PGE, Nickel, gold, and silver systems, aiming to develop Canada's next polymetallic mine [20][21]. - The company has expanded its land holdings significantly, now controlling approximately 212.86 km² of prospective basin margins [21].