Power Metallic Reports Lion Zone Recoveries of 98.9% Copper, 93.9% Palladium, 96.8% Platinum, 85% Gold and 88.9% Silver from Initial Metallurgical Results as Reported by SGS Canada Inc.
Original announcement by yahoo_press on
- Company
- Power Metallic Mines Inc.
- Ticker
- PNPN
- Exchange
- TSXV
- Region
- Quebec
- Primary commodity
- Copper
- Secondary commodities
- Palladium, Platinum, Gold, Silver
- Document categories
- Metallurgy
- Extracted
- 2026-09-19 10:10:53 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Power Metallic Mines Inc. has reported preliminary metallurgical results from initial locked-cycle testing on Lion Zone mineralization. The tests, performed by SGS Canada Ltd, yielded high recoveries for copper (98.9%), palladium (93.9%), platinum (96.8%), gold (85%), and silver (88.9%).
Reasoning: Initial metallurgical results show exceptional recoveries for copper, palladium, platinum, gold, and silver from a locked-cycle test.
Positive factors
- High metal recoveries across multiple commodities
- Strong concentrate grade for copper
Facts used in scoring: 5
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Copper recovery of 98.9% is exceptional for a locked-cycle test.
Evidence · text
“Copper (98.9%)”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The use of a locked-cycle test implies a mill-based processing route.
Evidence · text
“An initial Lock Cycle Test”
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: only one composite was tested
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Metallurgical Results (5)
locked-cycle testLion zone · copperRecovery: 98.9 %View all detailsHide details
Identity
- Project
- Lion zone
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- PNPN
Test Work
- Program Status
- preliminary
- Test Type
- locked-cycle test
- Sample
- Lion zone mineralization, sulphide concentrate
Recovery
- Recovery
- 98.9 %
- Conc. Grade
- 25.8
- Conc. Grade Unit
- %
Lab
- Laboratory
- SGS Canada Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-19T00:00:00.000Z
Reasoning: 98.9% copper recovery is exceptional for a locked-cycle test.
Positive factors
- Exceptional recovery
Evidence · text
“returned a sulphide concentrate grading 25.8% Copper containing very high metal recoveries of Copper (98.9%)”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 98.9% is at or above the exceptional band (92%)
locked-cycle testLion zone · palladiumRecovery: 93.9 %View all detailsHide details
Identity
- Project
- Lion zone
- Commodity
- palladium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- PNPN
Test Work
- Program Status
- preliminary
- Test Type
- locked-cycle test
- Sample
- Lion zone mineralization, sulphide concentrate
Recovery
- Recovery
- 93.9 %
Lab
- Laboratory
- SGS Canada Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-19T00:00:00.000Z
Reasoning: 93.9% palladium recovery is very high.
Positive factors
- High recovery
Evidence · text
“Palladium (93.9%)”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycle testLion zone · platinumRecovery: 96.8 %View all detailsHide details
Identity
- Project
- Lion zone
- Commodity
- platinum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- PNPN
Test Work
- Program Status
- preliminary
- Test Type
- locked-cycle test
- Sample
- Lion zone mineralization, sulphide concentrate
Recovery
- Recovery
- 96.8 %
Lab
- Laboratory
- SGS Canada Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-19T00:00:00.000Z
Reasoning: 96.8% platinum recovery is very high.
Positive factors
- High recovery
Evidence · text
“Platinum (96.8%)”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycle testLion zone · goldRecovery: 85 %View all detailsHide details
Identity
- Project
- Lion zone
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- PNPN
Test Work
- Program Status
- preliminary
- Test Type
- locked-cycle test
- Sample
- Lion zone mineralization, sulphide concentrate
Recovery
- Recovery
- 85 %
Lab
- Laboratory
- SGS Canada Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-19T00:00:00.000Z
Reasoning: 85% gold recovery is strong for a locked-cycle test.
Positive factors
- Solid recovery
Evidence · text
“Gold (85%)”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycle testLion zone · silverRecovery: 88.9 %View all detailsHide details
Identity
- Project
- Lion zone
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- PNPN
Test Work
- Program Status
- preliminary
- Test Type
- locked-cycle test
- Sample
- Lion zone mineralization, sulphide concentrate
Recovery
- Recovery
- 88.9 %
Lab
- Laboratory
- SGS Canada Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-19T00:00:00.000Z
Reasoning: 88.9% silver recovery is strong.
Positive factors
- Solid recovery
Evidence · text
“Silver (88.9%)”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
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.