Power One Highlights Historic Bitumen Staining and Hydrocarbon Indicators in Legacy Drill Records at Pecors Property, Ontario

Executive Summary

• Power One Resources Corp. is conducting a comprehensive technical review of historic drill logs and assessment reports at its wholly owned Pecors Property in Ontario’s Elliot Lake Uranium Belt, identifying significant bitumen staining and hydrocarbon indicators.
• The company highlights the property's emerging potential as a hybrid polymetallic and energy-linked system, citing a recent gold discovery and geological features consistent with natural hydrogen ("white hydrogen") generation.
• Key geological indicators include serpentinized mafic/ultramafic units, widespread sulphides, fluid-alteration halos, and an 18 km by 4 km magnetic anomaly interpreted as a deep intrusive or structural root zone favorable for hydrogen accumulation.

Key Details

• Historic Data Review: Analysis of drill logs from the 1950s–1980s reveals multiple descriptions of bitumen occurrences, organic-rich residues, hydrocarbon odours, fluid-alteration halos, and sulphide-rich structural corridors.
• Geological Indicators: Identified features include:
  • Bitumen staining in historic uranium drill core.
  • Sulphide stringers and widespread sulphides.
  • Serpentinized mafic and ultramafic units capable of generating hydrogen through natural water–rock reactions.
  • An 18 km by 4 km magnetic anomaly interpreted as a deep intrusive or structural root zone.
  • Regional-scale structural corridors capable of channeling deep crustal fluids.
• Polymetallic Potential: The release notes the first-ever gold discovery on the property (announced Nov 26, 2025), confirming zones of encouraging gold mineralization that coincide with structural corridors and alteration systems.
• Hydrogen Focus: The company is evaluating the property for natural hydrogen potential, noting that the structural corridors hosting uranium mineralization are geologically consistent with the migration and trapping of hydrocarbons and natural hydrogen.
• Current Activities: Power One is currently:
  • Reprocessing airborne and ground geophysical datasets.
  • Re-logging available historical drill core.
  • Commissioning a structural reinterpretation to prioritize deep fluid pathways and potential trap settings.
  • Preparing a technical memo summarizing hydrogen and hydrocarbon-related evidence and global analogues.
• Property Details: The Pecors Property comprises over 2,300 hectares within Ontario's Elliot Lake Uranium Belt, covering a region-scale magnetic and gravity anomaly interpreted to reflect a large gabbroic or mafic intrusive body.

Notable Quotes

• "This is a frontier opportunity—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." — Wazir Khan, CEO
• "The Pecors anomaly is one of the largest untested geophysical signatures in Ontario... With hydrogen-exploration activity accelerating across Canada—led by groups such as Max Power—we believe Pecors is uniquely positioned for a modern, high-impact technical review." — Wazir Khan, CEO