News archive

TORONTO, Nov. 4, 2025 - Power Metallic Mines Inc.(the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to provide a release of assays from its summer drill program, an update on its land assembly activities together with an outlook to the fall and winter key exploration objectives.

TORONTO, Sept. 22, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the completion of the summer drill program and the return of five (5) holes from the 2025 drill campaign focused on the Lion Zon. The summer program included the drilling of 34 holes for a total of 17,250 meters drilled. Three (3) holes were in progress when the drilling season ended due to Moose Break on September 15th. Of the 34 holes, 13 holes were surveyed with Bore Hole Electromagnetic (BHEM). Summer program drilling focus areas can be seen over the entirety of Power Metallic's land package (Figure 1 Land package overlain on basin geology with summer program drill locations). Table 1 lays out the summer program target zones, hole identified, depth and BEHM survey status.

TORONTO, Aug. 26, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) Power Metallic is pleased to announce the appointment of Seamus O'Regan to its board.

TORONTO, July 23, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) Power Metallic is pleased to provide an update on preliminary mineralogy scans preformed by IOS Geosciences based in Chicoutimi, Quebec.

TORONTO, July 14, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) Power Metallic is pleased to announce it has closed on the definitive agreement dated June 9, 2025 to acquire a 100% interest in 313 mineral claims totalling 167 km² from Li-FT Power Ltd. ("Li-FT") (TSXV: LIFT) (OTCQX: LIFFF) (FRA: WS0). The claims adjoin the Company's 45.86km² Nisk property, where exploration is expanding the high–grade Lion Cu–PGE discovery and the Nisk Cu–Ni-PGE-Co deposit. Power Metallic currently holds ~212.86 km² of land in the Nisk camp, securing approximately 20 km of strike on the northern basin margin and 30 km on the southern margin that envelope the Nisk, Lion, and Tiger discoveries.

TORONTO, July 10, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSX-V: PNPN, OTCBB: PNPNF, Frankfurt: IVV) Power Metallic is pleased to provide an update on the current exploration activity (Q2-Q3 2025) and the planned scaling up of exploration programs in Q3-Q4 of 2025.

TORONTO, June 16, 2025 - Power Metallic Mines Inc. ("Power Metallic" or the "Company") (TSXV: PNPN), a leading exploration and development company, is proud to announce that it has been awarded the exploration license for the Jabal Baudan project in Saudi Arabia's Jabal Sayid Mineralized Belt. This historic milestone positions Power Metallic as one of the few foreign companies with mining concessions in the Kingdom of Saudi Arabia, having secured a successful bid in this prestigious licensing process.

TORONTO, June 9, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce it has executed a definitive agreement dated June 9, 2025 to acquire a 100% interest in 313 mineral claims totalling 167 km² from Li-FT Power Ltd. ("Li-FT") (TSXV: LIFT) (OTCQX: LIFFF) (FRA: WS0). The claims adjoin the Company's 45.86 km² Nisk property, where exploration is expanding the high–grade Lion Cu–PGE discovery and the Nisk Ni–Cu–Co deposit. On closing, Power Metallic's land position will grow more than 300% to ~212.86 km², securing approximately 20 km of strike on the northern basin margin and 30 km on the southern margin that envelope the Nisk, Lion, and Tiger discoveries.

TORONTO, June 4, 2025 /CNW/ - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of the final 11 holes from the winter 2025 drilling campaign focused on the Lion Zone (9 holes) and Nisk East (2 holes). The nine holes at lion (PML-25-005 to 013) were testing multiple areas of the Lion Zone, including the down plunge extent, shallow sub-crop projections, in-fill drilling of the Lion Zone, and testing of off-hole EM (BHEM) anomalies west of Lion (Table 1). The general location of the drilling in this news release for the Lion Zone and Nisk East Zone is shown in Figure 1.

TORONTO, April 30, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of 5 holes from the winter 2025 drilling campaign focused on the Lion Zone. The five holes (PN-25-096, 097, 100; and PML-25-001 and 002) were testing the down plunge extent of the Lion Zone, and a large off-hole EM (BHEM) anomaly detected in drill hole PN-24-093. All holes hit Lion style polymetallic mineralization (Table 1).