Drill Results
Power Metallic Intercepts 5.35 Meters of 11.97% Cu (16.35% CuEqRec) in Hole 25-022 Infill Drilling Expanding the Lion Zone and Updates on Fall/Winter Drill Program and Land Assembly

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Executive Summary
- High‑grade copper‑equivalent intercepts reported, notably 5.35 m @ 16.35% CuEqRec in hole PML‑25‑022 and a 6.85 m @ 13.15% CuEqRec interval in the same hole.
- In‑fill drilling confirms size, grade and geometry of the Lion Zone, increasing confidence for a future Indicated Resource estimate.
- Land package expanded ~600% to 313 km² (≈212 km² now controlled), including strategic “Hydro” ground previously excluded, enhancing exploration upside.
Key Details
- Extensional Drilling: Hole PML‑25‑017 intersected 7.00 m @ 1.41% CuEqRec, extending the Lion structure westward.
- In‑fill High‑Grade Intercepts (Lion Zone):
- Hole PML‑25‑022 – 6.85 m @ 13.15% CuEqRec (inclusive of 5.35 m @ 16.35% CuEqRec).
- Same hole – 5.90 m @ 10.43% CuEqRec within a broader 27.50 m @ 2.75% CuEqRec interval.
- Additional In‑fill Results: Hole PML‑25‑023 – 27.50 m @ 2.75% CuEqRec; Hole PML‑25‑027 – 14.50 m @ 1.15% CuEqRec.
- Tiger Deep Target:
- Hole PML‑25‑021 intersected 3.70 m @ 1.48% CuEqRec, indicating a modest Lion‑style zone and an off‑hole BHEM anomaly.
- Holes PML‑25‑026a & PML‑25‑030 returned no significant assays; however, BHEM surveys identified large conductive panels for future drilling.
- Technical Note: CuEqRec calculated using metal prices: Au $2,360.15/oz, Ag $27.98/oz, Pd $1,215/oz, Pt $1,000/oz, Cu $4/lb, Ni $10/lb, Co $22.50/lb; 80% recovery assumed.
- Land Assembly: Total land package grew from 46 km² to 313 km² (≈600% increase). Key acquisition includes former Hydro‑Quebec exclusion area, now staked after negotiations with the James Bay Cree and Quebec government.
- Future Plans: Fall/Winter 2025 drilling will target deeper extensions of Lion, the “Deep Tiger” zone, and BHEM anomalies identified at PML‑25‑030 and PN‑24‑064 (re‑entry underway).
- Marketing Services Agreements: Entered three retainer agreements (Native Ads – up to US$168k; Sideways Frequency – up to US$150k with 250 k options @ $1.45; Apaton Finance GmbH – up to €84,817 with 100 k options @ $1.45). All subject to TSXV approval.
- Qualified Person: Joseph Campbell, P.Geo., VP Exploration, reviewed and approved technical disclosure.
Notable Quotes
“These are some amazing high‑grade intersections… We have extended the known resource area and increased our understanding of the plunge of the Lion Zone.” – Terry Lynch, CEO
All forward‑looking statements are subject to risks and uncertainties detailed in the release.
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Jul 30, 2026 · 03:00