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Original announcement by proactiveinvestors on

Company
Power Metallic Mines Inc
Ticker
PNPN
Exchange
Unavailable
Region
Quebec
Primary commodity
Copper
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-23 00:03:05 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Power Metallic Mines Inc reported significant copper sulphide intercepts at its Lion deposit in Quebec. The drilling reached depths extending more than 25% below the deepest hole used in the company's latest mineral resource estimate.

Reasoning: Deep drilling at the Lion deposit intersected significant copper sulphides at depths extending 25% beyond the previous mineral resource estimate boundary.

Positive factors

  • Step-Out Extension
  • Significant depth extension

Facts used in scoring: 1

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling extended more than 25% below the deepest hole used in the latest mineral resource estimate.

Evidence · text

“depth extending more than 25% below the deepest hole used in its latest mineral resource estimate”

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Drill Results (1)

Fact 1Lion deposit · copperIntercept: 5.7 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Lion deposit
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
PNPN

Geometry

Intercept
5.7 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-23T00:00:00.000Z

Reasoning: Intercepted 5.7m of massive to semi-massive copper sulphides at depths extending 25% below the previous MRE depth.

Positive factors

  • Step-Out Extension

Evidence · text

“intersected 5.7 metres of massive to semi-massive copper sulphides at a depth extending more than 25% below the deepest hole used in its latest mineral resource estimate”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) reported that deep drilling at its Lion deposit in Quebec i"

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.