Power Metallic Intercepts 16.55 Meters of 15.11% CuEqRec¹ in Hole 25-049, and 7.60 Meters of 7.20% CuEqRec¹ in Hole 25-043 at Lion

Core Insights - Power Metallic Mines Inc. reported significant assay results from its drilling program, highlighting high-grade copper intersections in the Lion Zone, which may enhance the potential for early open-pit mining operations [1][1][1] Drilling Results - Hole PML-26-049 intersected 16.55 meters of 10.08% Cu and 15.11% CuEqRec, marking the best copper intersection to date in the Lion Zone [1][1][1] - Hole PML-25-047 confirmed high-grade copper with 4.16 meters at 4.15% Cu and 6.80% CuEqRec, supporting the near-surface mineralization potential [1][1][1] - Hole PML-26-043 expanded the deeper high-grade lode with 7.60 meters at 7.30% CuEqRec within an 18.00-meter interval of 3.18% CuEqRec [1][1][1] Exploration Activities - The company is exploring additional mineralization zones outside the Lion Zone, with two holes drilled 500 meters west of Lion intersecting the target horizon, although the grades were modest [1][1][1] - Further exploratory drilling is planned based on BHEM results from holes PML-25-037 and PML-25-044, which indicated the presence of mineralizing horizons [1][1][1] - Holes PML-25-035 and PML-25-038, drilled east of Lion, encountered narrow zones of anomalous palladium and hints of Lion-style mineralization, suggesting potential for larger Ni-Cu deposits [1][1][1] 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 establish Canada's next polymetallic mine [1][1][1] - The company controls approximately 330 km² of land, including the Nisk and Lion discovery zones, and is evaluating the Tiger target through ongoing drill programs [1][1][1]