Power Metallic Intercepts 4.40 Meters of 12.18% Cu (14.34% CuEqRec) included within 20.40 Meters of 2.91% Cu (3.58% CuEqRec) in Hole 25-029b at Lion, and Completes the Extension of PN-24-064 to define large off-hole BHEM anomaly

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 10:11:52 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Power Metallic Mines Inc. reported high-grade copper drill results from the Lion project, highlighted by a 4.40m intercept of 12.18% Cu. The program also successfully extended hole PN-24-064, defining a large off-hole BHEM anomaly.

Reasoning: The hole 25-029b returned an exceptional high-grade copper intercept (12.18% Cu) and successfully extended a previous hole to define a new BHEM anomaly, representing significant exploration success.

Positive factors

  • High-grade copper intercept
  • Step-out extension of mineralization
  • Discovery of new BHEM anomaly

Facts used in scoring: 3

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 12.18% Cu is exceptionally high grade for copper.

Evidence · text

“12.18% Cu”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The release states the program completes the extension of PN-24-064 to define a new anomaly.

Evidence · text

“Completes the Extension of PN-24-064 to define large off-hole BHEM anomaly”

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: CuEq is reported but the underlying assumptions (prices, recoveries) are not stated in the provided text.

Evidence · text

“14.34% CuEqRec”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

25-029bLion · copperGrade: 12.18Grade Unit: %Intercept: 4.4 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
25-029b
Project
Lion
Commodity
copper
Ticker
PNPN

Geometry

Grade
12.18
Grade Unit
%
Intercept
4.4 m

Classification

Sample Type
drill
Group ID
25-029b:null-null

Review

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

Dates

Event date
2025-12-02T00:00:00.000Z

Reasoning: 12.18% Cu is an exceptional grade for a copper project.

Positive factors

  • Exceptional grade

Evidence · text

“4.40 Meters of 12.18% Cu”

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

25-029bLion · copperGrade: 2.91Grade Unit: %Intercept: 20.4 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
25-029b
Project
Lion
Commodity
copper
Ticker
PNPN

Geometry

Grade
2.91
Grade Unit
%
Intercept
20.4 m

Classification

Sample Type
drill
Group ID
25-029b:null-null

Review

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

Dates

Event date
2025-12-02T00:00:00.000Z

Reasoning: A 20.4m intercept at 2.91% Cu is a strong, material result.

Positive factors

  • Strong width and grade

Evidence · text

“20.40 Meters of 2.91% Cu”

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

25-029bLion · copperNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
25-029b
Project
Lion
Commodity
copper
Ticker
PNPN

Classification

Sample Type
drill
Group ID
25-029b:null-null

Metal Equivalent

Metal Eq. Grade
14.34
Metal Eq. Unit
% CuEqRec

Review

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

Dates

Event date
2025-12-02T00:00:00.000Z

Reasoning: CuEq reported without explicit price or recovery assumptions in the text.

Negative factors

  • Metal equivalent assumptions undisclosed

Evidence · text

“14.34% CuEqRec”

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

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.