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Power Metallic
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LATEST Oct 5, 2026

PEA targeted for completion in H1 2027; engineering, environmental and community engagement programs advancing in parallel

UP NEXT H1 2027 TARGET
The PEA.

A planned assessment of an initial open pit followed by underground mining at Lion, with potential Nisk Main feed. It puts numbers on the development case. See what else is coming →

THE RECORD

A district, built release by release.

Highlights below; the complete archive of every release lives on SEDAR+.
2026
OCT 5
NEWS RELEASE
Power Metallic Commences Preliminary Economic Assessment of the Nisk Project
SEP 22
DRILL RESULTS
Lion extends 25% deeper: 5.70 m @ 14.00% CuEqRec in hole 26-125
First deep-extension assays — massive sulphides ~800 m below surface, well under the maiden resource.
SEP 8
RESOURCE ESTIMATE
Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with >85% Indicated and Significant Expansion Potential
JUL 30
CORPORATE
NISK program update
JUL 15
DRILL RESULTS
New Lion intercepts: 36.42 m @ 2.83% CuEqRec
Long mineralized runs between the high-grade shoots — tonnage builders.
JUN 25
CORPORATE
Christopher Beal appointed VP Operations
JUN 23
NEWS RELEASE
Power Metallic reports New Lion drill intercepts of 13.30 Meters of 3.98% CuEqRec¹ in Hole 26-115 and 5.26 Meters of 8.45% CuEqRec¹ in Hole 26-105 at Lion
MAY 27
NEWS RELEASE
Power Metallic Mines Expands Exploration Arsenal with Cutting-Edge Geophysical Surveys at Nisk Project
MAY 26
NEWS RELEASE
Lion Delivers High-Grade Copper Intercepts and Positive Metallurgy on Low-Low Grade Mineralization
MAY 19
SAUDI ARABIA
Joint venture with Amaar expands the Saudi position
MAY 13
EXPLORATION
Ideon engaged for borehole muon tomography imaging at Lion
MAY 6
DRILL RESULTS
Lion’s second-best intersection ever: 22.0 m @ 11.46% CuEq
MAY 4
DRILL RESULTS
39 m @ 5.66% CuEq, plus 17.45 m @ 9.47% in hole 26-094
Grade over real widths — the pattern that builds a resource.
APR 15
NEWS RELEASE
Power Metallic Intercepts 27.10 Meters of 2.17% CuEqRec¹, including 4.76 Meters of 10.43% CuEqRec¹ in Hole 26-050 at Lion
MAR 10
DRILL RESULTS
16.55 m @ 15.11% CuEqRec in hole 25-049
Among the richest intervals drilled at Lion — grade and width together.
MAR 3
NEWS RELEASE
Power Metallic Intercepts Lion Style Sulphides (Lion East and Lion West) Following Recently Recognized High Grade Structural Trends
FEB 19
SPIN-OUT
Chilean Metals commences trading on the TSXV as CMCG
FEB 18
NEWS RELEASE
Power Metallic Intercepts 20.40 Meters of 4.11% CuEqRec in Hole 25-046, and 8.60 Meters of 6.84% CuEqRec in Hole 25-045 at Lion
JAN 19
METALLURGY
SGS locked-cycle recoveries: 98.9% Cu · 93.9% Pd · 96.8% Pt
The grades are payable — the metal comes out at mill scale.
Complete archive — every release and filing SEDAR+ ↗
ALL NEWS

Every published release

157 published records.
Oct 5
2026
Power Metallic Commences Preliminary Economic Assessment of the Nisk Project

PEA targeted for completion in H1 2027; engineering, environmental and community engagement programs advancing in parallel

Sep 22
2026
Power Metallic Extends Lion 25% Deeper as Power Metallic Intercepts 5.70 Meters of 14.00% CuEqRec¹ in Hole 26-125

TORONTO, Sept. 22, 2026 -- Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to provide the first assays of extensional deep drilling of assay results from its Summer 2026 drill program. Prior to the summer drill program drilling concentrated on improving the density of drill intercepts for the recently announced MRE to increase the confidence of modelling Lion, particularly within the range of a potential future open pit, and to bring the vast majority of the known deposit as of the end of the winter program (end April 2026) to Drill Indicated category.

Sep 8
2026
Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with >85% Indicated and Significant Expansion Potential

TORONTO, Sept. 8, 2026 -- Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to announce an updated Mineral Resource Estimate ("MRE") for its Nisk Project (Power Metallic 80% / Critical Elements Lithium Corp. 20%) in the Eeyou Istchee James Bay territory of Québec, including the inaugural mineral resource for the Lion Zone and an updated mineral resource for the Nisk Main deposit.

Jul 30
2026
Power Metallic Provides NISK update

TORONTO, July 30, 2026 -- Power Metallic Mines Inc . (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) announces that it learned late last week that its anticipated 2026 Mineral Resource Estimate (MRE) release on the combined Nisk and Lion discoveries will be postponed until the end of August. The consulting engineering firm engaged for the work has the information needed from the Company but concurrent work loads in multiple projects have delayed staff availability to finalize the MRE.

Jul 15
2026
Power Metallic reports New Lion drill intercepts of 36.42 Meters of 2.83% CuEqRec1 in Hole 26-116 including 6.00 Meters of 12.38% CuEqRec1 and Announces AGSM Meeting Results

TORONTO, July 15, 2026 - Power Metallic Mines Inc . (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to provide final assay results from its Winter 2026 drill program and the voting results from its Annual General and Special Meeting (" AGSM ") held on June 30, 2026, in Toronto, Ontario.

Jun 25
2026
Power Metallic Announces Appointment of Christopher Beal as Vice President of Operations

TORONTO, June 25, 2026 - Power Metallic Mines Inc . (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to announce the appointment of Christopher (Chris) Beal as Vice President of Operations. Mr. Beal brings over 15 years of extensive experience in mining operations, technology commercialization, corporate development, and capital markets. As CEO of NextOre since 2017, he successfully built and scaled a pioneering supplier of bulk mineralogical analysers and sorting equipment using magnetic resonance (MR) technology, originally developed by Australia's CSIRO. Under his leadership, NextOre raised $17.9 million across four capital rounds, grew its market capitalization from $0 to $131 million, and secured operational contracts for analysers and sorting systems across Australia, the Philippines, Chile, Mexico, and Zambia.

Jun 23
2026
Power Metallic reports New Lion drill intercepts of 13.30 Meters of 3.98% CuEqRec¹ in Hole 26-115 and 5.26 Meters of 8.45% CuEqRec¹ in Hole 26-105 at Lion

TORONTO , June 23, 2026 - Power Metallic Mines Inc . (the "Company" or "Power Metallic" ) (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to provide additional assay results from its Winter 2026 drill program.

May 27
2026
Power Metallic Mines Expands Exploration Arsenal with Cutting-Edge Geophysical Surveys at Nisk Project

TORONTO , May 27, 2026 - Power Metallic Mines Inc . (the "Company" or "Power Metallic" ) (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to announce the expansion of its summer 2026 exploration program at the Nisk Project in Quebec. Building on the recent Muon Tomography program launched on May 13, the Company is deploying three advanced geophysical surveys to accelerate the hunt for deeper high-grade Ni-Cu-PGE mineralization. Power Metallic is planning an Ambient Noise Tomography (ANT) survey on the Nisk Far West target, completing a gravity survey over the Lion area, and completing a superconducting quantum magnetometer SQUIDs survey over the Lion area. These state-of-the-art techniques will sharpen targeting for the Lion Zone extensions and new discoveries across the expanding property, leveraging Power Metallic's significant 2025 land acquisitions.

A 60-SECOND PRIMER

How to read a drill release.

GRADE — THE RICHNESS
Read the component grades

Copper percent is copper. CuEq folds the palladium, platinum, gold and silver into one copper-equivalent number using stated prices and recoveries — read the components with it. Lion's Indicated resource is 1.68% copper and 3.86% CuEq; both are true, and they are different facts.

WIDTH — THE VOLUME
Read the whole interval

Read the whole interval, then the “including”. Reported lengths are downhole; true width is usually a stated fraction of it. Fifteen metres of high grade is a headline. Forty metres of good grade is what starts to make a body, not just a hit — and it is the resource model, not the interval, that turns bodies into tonnes.

CUEQ — THE TRANSLATION
Six metals, one number

Every CuEq carries its own price deck and recovery. Drill-result CuEqRec and resource CuEq use different ones on this site, and we label them. Compare like with like.

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