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Power Metallic Mines Inc. reports mineral exploration developments tied to its common shares traded as PNPNF in the United States and PNPN on the TSX Venture Exchange. Company updates focus on drill assays from the Lion Zone, infill drilling, structural interpretation, copper-equivalent results, and work supporting future mineral resource estimates and potential development concepts.
Recurring disclosures also cover regional exploration targets around Lion, Lion East, Lion West, Tiger, Elephant and related sulphide or gold mineralization, along with the company's Power Metallic Arabia subsidiary and the Jabul Baudan exploration license in Saudi Arabia's Jabal Said Belt. News may also include investor-relations disclosures, OTC Markets responses, and corporate actions involving mineral exploration assets.
Power Metallic (OTC: PNPNF) engaged Vancouver-based Ideon Technologies to deploy a borehole muon tomography imaging program at the Lion Zone within the Nisk polymetallic project in Quebec.
The two-stage Ideon REVEAL™ program will build and validate a 3D density model, then apply it to rank deep targets across the 330 km² Nisk property below ~200 m depth.
Power Metallic (TSXV: PNPN / OTCBB: PNPNF) reported additional winter 2026 drill assays from the Lion Zone, including a 22.00 m intercept grading 11.46% CuEqRec in hole PML-26-095 and higher-grade internal intervals up to 18.62% CuEqRec. Holes cover ~560 m down-plunge and will feed the inaugural Mineral Resource Estimate in Q3 2026. The release also notes deeper moderate mineralization in PML-26-069 at ~600 m vertical depth and sub-economic results from east-of-Tiger exploratory holes. Reported lengths are downhole; true width estimated at 85% of downhole length.
Power Metallic (TSXV: PNPN / OTC: PNPNF) reported additional winter 2026 drill assays from the Lion Zone on May 4, 2026. Key intercepts include PML-26-094: 17.45 m @ 9.47% CuEqRec (incl. 6.30 m @ 17.91% CuEqRec) and PML-26-101: 39.00 m @ 5.66% CuEqRec (incl. 9.20 m @ 15.18% CuEqRec).
The drilling covers ~200 m strike and ~100 m vertical depth and supports a planned 2026 Mineral Resource Estimate aimed for Q3. CuEqRec uses specified metal prices and recovered grades from SGS locked-cycle tests.
Power Metallic (TSXV: PNPN / OTC: PNPNF) released Winter 2026 drill assays from the Lion MRE infill program, reporting 27.10 m @ 2.17% CuEqRec in hole PML-26-050, including 4.76 m @ 10.43% CuEqRec. Multiple infill holes tested the eastern side to support a 2026 Mineral Resource Estimate and potential starter open pit.
Exploratory holes east and west defined the eastern boundary with low-grade intercepts, while several western holes failed to intersect significant sulphides. Qualified Person: Joseph Campbell, P. Geo.
Power Metallic (OTC: PNPNF) released fall 2025 and first Winter 2026 drill assays from the Lion area, reporting a company-best near-surface copper intersection of 16.55m @ 10.08% Cu (15.11% CuEqRec) in hole PML-26-049.
Other notable results: 7.60m @ 7.20% CuEqRec in PML-25-043 and 4.15m @ 4.16% Cu (6.80% CuEqRec) in PML-25-047. Infill drilling aims to support an Indicated MRE and potential near-surface open-pit targets; exploration holes west/east returned narrow, modest grades requiring follow-up.
Power Metallic (TSX-V: PNPN; OTCBB: PNPNF) issued a disclosure on March 6, 2026 clarifying recent third‑party marketing and investor awareness activities.
The company said it engaged Native Ads, Apaton Finance and Sideways Frequency for marketing, that Sideways Frequency received an additional USD100,000, and that Marketing Activity appeared on YouTube, Instagram and other online platforms. The company confirmed no other insiders or service providers were involved in marketing or recent trading, and no discounted equity issuances were made beyond prior disclosures.
Power Metallic (TSXV: PNPN / OTCBB: PNPNF) reported drilling results at Lion East and Lion West that confirm a newly recognized shallow easterly plunge controlling high-grade Lion-style sulphides and identify four easterly structures. Key intercepts include 5.0 m of Lion-style copper and a 1.0 m massive copper sulphide interval; regional drilling returned 0.31 m @ 2.42% Ni, 1.83 g/t Pd, 0.11% Cu and 34.6 g/t Au over 1.50 m in a felsic unit. The company now has > 330 km2 under tenure and is conducting follow-up drilling to test strike extensions and untested plunging trends.
Chilean Metals (TSXV: CMCG) commenced trading on the TSX Venture Exchange on February 19, 2026 under the symbol CMCG. The company filed a Form 2B (Feb 9, 2026) with full disclosure, including financial statements and a technical report for its flagship Golden Ivan project.
Flagship Golden Ivan comprises 13 claims (797 hectares) in British Columbia. Chilean Metals also holds 11,177 hectares of earlier-stage Chilean exploration claims across multiple districts. The company was spun out of Power Metallic in February 2025 with a 50% ownership by Power Metallic.
Power Metallic (OTC: PNPNF) reported fall 2025 drill assays from the Lion zone, including 20.40 m @ 4.11% CuEqRec (PML-25-046) with an 8.40 m @ 8.05% CuEqRec internal interval, and 8.60 m @ 6.34% CuEqRec (PML-25-045) including 5.10 m @ 9.86% CuEqRec. Results highlight polymetallic mineralization with notable Pd-Pt-Au credits and extend higher-grade lenses and a new lens ~150 m west of Lion.
Reported lengths are downhole; true widths estimated at 85%. Company continues logging work and expects remaining assays in February 2026.
Power Metallic (OTC: PNPNF) reported preliminary SGS Canada locked-cycle metallurgical results from the Lion zone showing a sulphide concentrate grading 25.8% Cu with very high recoveries: Cu 98.9%, Pd 93.9%, Pt 96.8%, Au 85.0%, and Ag 88.9%. Tests used three composites (HG, LG, Blended ~50/50) and SGS ran the LCT on the Blended composite as a run-of-mine analogue. SGS described the flotation response as strong and noted potential for value-added concentrate processing.