Power One evaluates historical drill logs at Pecors

Executive Summary

• Power One Resources Corp. identified historic bitumen staining, sulphide stringers, and fluid‑alteration halos in legacy drill logs from the Pecors property (1950s‑1980s), suggesting long‑lived fluid pathways capable of transporting both metal‑bearing and organic‑rich fluids.
• The company is integrating these historic hydrocarbon indicators with recent gold discovery data to evaluate Pecors as a dual polymetallic–energy target, including potential natural hydrogen generation.
• Power One has launched a technical program to reprocess geophysical data, relog historical core, and produce a memo on hydrogen/hydrocarbon evidence, positioning the project for future drilling and possible entry into Canada’s emerging natural‑hydrogen sector.

Key Details

• Historic Indicators Identified:
• Bitumen staining in legacy uranium drill cores.
• Sulphide stringers and widespread sulphides.
• Fluid‑alteration halos and hydrocarbon odours recorded in 1950s‑1980s reports.
• Structural Context:
• Fracture, shear‑zone, and alteration corridors that hosted historic uranium now interpreted as pathways for organic‑rich or hydrogen‑bearing fluids.
• An 18 km × 4 km magnetic anomaly interpreted as a deep intrusive/structural root favorable for fluid accumulation.
• Recent Gold Discovery (Nov 26 2025):
• First ever gold find on Pecors, confirming polymetallic potential and overlapping with the same structural corridors identified in historic data.
• Hydrogen Exploration Potential:
• Presence of serpentinized mafic/ultramafic units capable of water‑rock reactions that generate natural hydrogen (“white hydrogen”).
• Regional structural corridors comparable to those highlighted by Canadian pioneer Max Power’s hydrogen programs.
• Technical Review Actions (ongoing):
• Reprocessing airborne and ground geophysical datasets.
• Relogging all available historic drill core for detailed lithological and alteration description.
• Commissioning a structural reinterpretation focused on deep fluid pathways and potential trap settings.
• Preparing a technical memorandum summarizing hydrocarbon/hydrogen evidence and analogues from other Precambrian shields.
• CEO Commentary (Wazir Khan):
• “Ontario could emerge as an unexpected participant in the global hydrogen discovery race, and Pecors may be one of the first projects to demonstrate that potential.”

Notable Quotes

“The Pecors anomaly is one of the largest untested geophysical signatures in Ontario. The presence of bitumen staining, serpentinization and widespread sulphides in a deep structural setting is a rare combination.” – Wazir Khan, CEO, Power One Resources Corp.