Power Metallic Reports High-Grade Copper Intercepts at Lion Zone

The latest drilling results highlight the potential of the Lion zone, with hole PML-26-115 intersecting 13.30 meters at 3.98% copper equivalent near the surface. Additionally, hole PML-26-105 returned 5.26 meters at 8.45% copper equivalent at a depth of approximately 140 meters. These findings are central to the company’s efforts to define the western boundaries of the deposit and improve the confidence of geological models ahead of a planned Preliminary Economic Assessment.

While some exploratory holes along the western perimeter yielded lower-grade assays, management noted that their proximity to high-grade zones provides critical structural insight. According to the company, these findings will help guide future exploration efforts across the expanded project area. The upcoming Mineral Resource Estimate will cover both the Lion and Nisk deposits, providing a foundation for the company’s transition toward establishing a polymetallic mining operation.