Power Metallic Reports 406M-lb CuEq Inaugural Lion Resource in Quebec
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Toronto – September 11, 2026 -- Power Metallic Mines Inc. (TSXV: PNPN) has declared an inaugural Mineral Resource Estimate for the Lion Zone at its Nisk Project in Quebec, containing approximately 406 million pounds of copper-equivalent (CuEq) with more than 85% classified as Indicated.
Lion resource grades near 4% CuEq across 4.75 million tonnes
The Lion deposit holds 4,145,000 tonnes Indicated at 3.86% CuEq (1.68% Cu, 2.61 g/t Pd, 0.85 g/t Pt, 0.49 g/t Au, 12.21 g/t Ag, 0.10% Ni), plus 601,000 tonnes Inferred at 4.01% CuEq. The estimate, prepared by SGS Canada Inc. under NI 43-101 standards, carries an effective date of June 19, 2026, and incorporates drilling completed to April 19, 2026. Approximately 59% of the tonnage sits within the open-pit resource, and mineralization starts at surface.