# 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.

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/power-metallic-reports-lion-zone-recoveries-of-98-9-copper-93-9-palladium-96-8-p--22cc7d44-9362-4a1d-9ab3-756d863754e7

Original source: https://finance.yahoo.com/news/power-metallic-reports-lion-zone-220000192.html

Publisher: yahoo\_press

Original announcement: 2026-01-19T22:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-19T10:10:52.803Z

Atlas analysis updated: 2026-09-19T10:10:52.803Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: High metal recoveries across multiple commodities

- Positive factor: Strong concentrate grade for copper

Facts used in scoring: 5

## Classification and evidence

**High Recovery**

Polarity: positive

Definition: 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 Route**

Polarity: neutral

Definition: 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 Only**

Polarity: negative

Definition: 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 test

[Link to this fact](https://atlas-staging.minestarters.com/news/power-metallic-reports-lion-zone-recoveries-of-98-9-copper-93-9-palladium-96-8-p--22cc7d44-9362-4a1d-9ab3-756d863754e7#fact-metallurgical-facts-0)

Lion zone · copper

#### 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 factor: 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 Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**High Recovery**

Polarity: positive

Definition: 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 test

[Link to this fact](https://atlas-staging.minestarters.com/news/power-metallic-reports-lion-zone-recoveries-of-98-9-copper-93-9-palladium-96-8-p--22cc7d44-9362-4a1d-9ab3-756d863754e7#fact-metallurgical-facts-1)

Lion zone · palladium

#### 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 factor: High recovery

Evidence · text

> Palladium \(93.9%\)

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle test

[Link to this fact](https://atlas-staging.minestarters.com/news/power-metallic-reports-lion-zone-recoveries-of-98-9-copper-93-9-palladium-96-8-p--22cc7d44-9362-4a1d-9ab3-756d863754e7#fact-metallurgical-facts-2)

Lion zone · platinum

#### 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 factor: High recovery

Evidence · text

> Platinum \(96.8%\)

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle test

[Link to this fact](https://atlas-staging.minestarters.com/news/power-metallic-reports-lion-zone-recoveries-of-98-9-copper-93-9-palladium-96-8-p--22cc7d44-9362-4a1d-9ab3-756d863754e7#fact-metallurgical-facts-3)

Lion zone · gold

#### 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 factor: Solid recovery

Evidence · text

> Gold \(85%\)

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle test

[Link to this fact](https://atlas-staging.minestarters.com/news/power-metallic-reports-lion-zone-recoveries-of-98-9-copper-93-9-palladium-96-8-p--22cc7d44-9362-4a1d-9ab3-756d863754e7#fact-metallurgical-facts-4)

Lion zone · silver

#### 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 factor: Solid recovery

Evidence · text

> Silver \(88.9%\)

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: 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.