# Power One Commences Drilling at Its Pecors, Nickel-Copper-PGM-Uranium Project in Elliot Lake, Ontario

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in--cc2c0241-7654-4d59-841c-04a3011492fc

Original source: https://money.tmx.com/en/quote/PWRO/news/8662889649992390/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in-

Publisher: tmx

Original announcement: 2024-07-11T07:05:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Power One Resources Corp.

- Ticker: PWRO

- Exchange: TSX

- Region: Ontario

- Primary commodity: Uranium

- Secondary commodities: Nickel, Copper, Platinum, Palladium, Gold, Rare-earth oxide

- Document categories: Drill results, Other

- Extracted: 2026-08-22 07:18:53 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Power One Resources Corp. has commenced a 1,400-metre drilling program at its Pecors Property in Ontario, targeting uranium and PGM-Ni-Cu mineralization. The announcement highlights significant historical uranium intercepts and the project's proximity to the Eco Ridge uranium and REO resources.

Reasoning: The company has commenced a 1400m drilling program at a project with significant historical uranium and nearby PGM-Ni-Cu potential, though historical data is non-compliant.

- Positive factor: drilling commencement

- Positive factor: large magnetic anomaly

- Positive factor: proximity to Eco Ridge resources

- Negative factor: historical resource is non-compliant

- Negative factor: previous delays due to freeze-thaw

Facts used in scoring: 7

## Classification and evidence

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The release mentions historical data and upcoming drilling but does not provide current QA/QC protocols for the new program.

Evidence · text

> The QP and the Company has not completed sufficient work to verify the historic information

**Nearology Play**

Polarity: neutral

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

Why it applies: The company highlights the proximity to the Eco Ridge Project and Quest Critical Metals' East Bull deposit to add merit.

Evidence · text

> The nearby Eco Ridge Project with almost 60 Mt of uranium and rare-earth oxide resources further adds merit to the Project area.

## Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### P15-23

[Link to this fact](https://atlas-staging.minestarters.com/news/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in--cc2c0241-7654-4d59-841c-04a3011492fc#fact-drill-facts-0)

Pecors · platinum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: P15-23
- Project: Pecors
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: PWRO

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 12 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2015-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-07-11T00:00:00.000Z

Reasoning: Historical PGM intercept from 2015 drilling.

Evidence · text

> Hole P15-23 drilled by International Montoro intersected 0.33 g/t Pt+Pd+Au

### P15-23

[Link to this fact](https://atlas-staging.minestarters.com/news/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in--cc2c0241-7654-4d59-841c-04a3011492fc#fact-drill-facts-1)

Pecors · palladium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: P15-23
- Project: Pecors
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: PWRO

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 12 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2015-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-07-11T00:00:00.000Z

Reasoning: Historical PGM intercept from 2015 drilling.

Evidence · text

> Hole P15-23 drilled by International Montoro intersected 0.33 g/t Pt+Pd+Au

### P15-23

[Link to this fact](https://atlas-staging.minestarters.com/news/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in--cc2c0241-7654-4d59-841c-04a3011492fc#fact-drill-facts-2)

Pecors · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: P15-23
- Project: Pecors
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: PWRO

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 12 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2015-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-07-11T00:00:00.000Z

Reasoning: Historical PGM intercept from 2015 drilling.

Evidence · text

> Hole P15-23 drilled by International Montoro intersected 0.33 g/t Pt+Pd+Au

### P15-23

[Link to this fact](https://atlas-staging.minestarters.com/news/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in--cc2c0241-7654-4d59-841c-04a3011492fc#fact-drill-facts-3)

Pecors · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: P15-23
- Project: Pecors
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: PWRO

#### Geometry

- Grade: 0.11
- Grade Unit: %
- Intercept: 12 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2015-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-07-11T00:00:00.000Z

Reasoning: Historical copper intercept from 2015 drilling.

Evidence · text

> intersected 0.33 g/t Pt+Pd+Au and 0.11% Cu

### P15-23

[Link to this fact](https://atlas-staging.minestarters.com/news/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in--cc2c0241-7654-4d59-841c-04a3011492fc#fact-drill-facts-4)

Pecors · nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: P15-23
- Project: Pecors
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: PWRO

#### Geometry

- Grade: 0.04
- Grade Unit: %
- Intercept: 12 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2015-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-07-11T00:00:00.000Z

Reasoning: Historical nickel intercept from 2015 drilling.

Evidence · text

> and 0.04% Ni over 12m

### unknown

[Link to this fact](https://atlas-staging.minestarters.com/news/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in--cc2c0241-7654-4d59-841c-04a3011492fc#fact-drill-facts-5)

Pecors · uranium

Historical result

Needs review: ungrounded

#### Identity

- Hole ID: unknown
- Project: Pecors
- Commodity: uranium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: PWRO

#### Geometry

- Grade: 0.194
- Grade Unit: % U 3 O 8
- Intercept: 4 m
- From: 104.49 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2007-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-07-11T00:00:00.000Z

Reasoning: Historical uranium intercept from 2007 drilling; noted as non-compliant.

- Negative factor: non-compliant historical data

Evidence · text

> drilling in 2007 returned values of 4.3 pounds \(lbs.\) \(0.194% U 3 O 8 \) per tonne \(t\) over 4 m starting at 104.49m

### unknown

[Link to this fact](https://atlas-staging.minestarters.com/news/power-one-commences-drilling-at-its-pecors-nickel-copper-pgm-uranium-project-in--cc2c0241-7654-4d59-841c-04a3011492fc#fact-drill-facts-6)

Pecors · uranium

Historical result

Needs review: ungrounded

#### Identity

- Hole ID: unknown
- Project: Pecors
- Commodity: uranium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: PWRO

#### Geometry

- Grade: 0.246
- Grade Unit: % U 3 O 8
- Intercept: 0.94 m
- From: 122.64 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2007-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-07-11T00:00:00.000Z

Reasoning: Historical uranium intercept from 2007 drilling; noted as non-compliant.

- Negative factor: non-compliant historical data

Evidence · text

> and 5.9 lbs./t \(0.246% U 3 O 8 \) over 0.94 m starting at 122.64m

## 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.