Power Metallic Mines – More High-Grade Drill Results Expanding the Lion Zone at Deep Target, Upcoming drilling at Lion West, Tiger Deep, and Hydro Fold Hinge Targets
Terry Lynch, CEO of Power Metallic Mines (TSX.V: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV), joins me for a comprehensive exploration update from their fully funded 100,000-meter drill program at the polymetallic NISK Project in Quebec. We discuss recent drill results from a deep hole at the Lion Zone, pending results still at the assay lab, but also look ahead to 4 key exploration targets of interest for early 2026 drilling.
Key Highlights from the Interview:
- Exploration Strategy: A six-rig program focused on expanding the mineralized around the Lion Zone and at depth in the “elephant zone,” and also at Lion West, at the Tiger Deep Zone, and new polymetallic targets from surveys at the Hydro Fold-Hinge Zone. Additionally the team is still drilling to connect the 5.5km corridor and “Gap Area” between Lion and NISK Main.
- There are still about 15,000-20,000 meters of core being processed at the lab that should be back by late January, and then 65,000 additional meters that will be drilled throughout 2026.
- 40 Meters of 12.18% Cu (14.34% CuEqRec) included within 20.40 meters of 2.91% Cu (3.58% CuEqRec) in Hole 25-029b at Lion, and Completes the Extension of PN-24-064 “elephant hole” to define large BoreHole EM anomaly at depth. Terry points out that the exploration team is more animated by the follow up hole here after collecting more electro-magnet information from this most recent hole.
- Resource Growth Path: Early-stage modeling efforts are enabling analysts and investors to build their own interpretations of scale, while metallurgical studies are underway with results set to release in early Q1 to confirm high recovery rates.
- Acquisition of Li-FT Power land: Back on July 14, 2025 the Company announced that it closed a definitive agreement dated June 9, 2025 to acquire a 100% interest in 313 mineral claims totalling 167 km² from Li-FT Power Ltd. (TSXV: LIFT) (OTCQX: LIFFF). The claims adjoin the Company’s 45.86km² Nisk property, where exploration is expanding the high–grade Lion Cu–PGE discovery and the Nisk Copper-Nickel-Platinum-Palladium-Gold-Cobalt deposit. Terry explains how there are 8 very high priority drill targets that the exploration team is following up on across this newly acquired land.
- Phase 1 Metallurgical Testing of Lion Deposit: On Oct. 16th, Power Metallic announced that preliminary metallurgical studies are underway being performed by SGS Canada Ltd at its laboratories based in Quebec City, QC, and Lakefield, ON. Work to date has shown that the copper mineralization is contained within coarse grained chalcopyrite and cubanite, both which should respond well to conventional sulphide concentration methods. Overall, the character of the mineralization suggests good recoveries of copper sulphides, and these initial metallurgical tests will determine the recovery potential of the PGEs, Au, Ag, and Ni., which are expected to report within a conventional sulphide concentrate.
If you have any questions for Terry regarding Power Metallic Mines, then please email them into me at Shad@kereport.com.
* In full disclosure, Shad is a shareholder of Power Metallic Mines at the time of this recording, and may choose to buy or sell shares at any time.
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Lakedweller keeps talking about how corruption is interfering with his investment thesis. That is such rubbish, you can’t change the way humans interact to suit your investing style. You must accept that humans are flawed and that there is corruption and manipulation at all levels all of the time. Humans psychological characteristics are unpredictable and when there is uncertainty you must get out of the way before the herd figures it out. To say that it is otherwise is to suggest that humans are machines. Maybe that is why he keeps blaming his problems on algorithmic trading patterns.
All business cycles are a psychological phenomenon. Something Lakedweller will never figure out! LOL! DT 🤣🤣🤣
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Give it a rest DT. Until you have read years of information, the Court Documents and researched EMO itself, you cannot proclaim any opinions on the Political and Corporate corruption (not EMO) surrounding the EMO situation. Without research and data, your opinions attacking the company and others do damage and actually damage your own credibility. It is one thing to attack others on this site but when you expand it to shed false light on EMO, you really need to step back and rethink the purpose of your comments. Before going any further please do some research before directing negative false comments at anyone or any company. You have always been given fair consideration when you are truthful and factual.
Why didn’t all your supposed research help you! Utter Nonsense, as usual! Since when are you the arbiter of what is truthful and factual. You are a joke, my man! Furthermore you didn’t pick EMO you bought it on Doc Jones recommendation, so much for all your research. DT
I noted you chose the Power Metallic interview to discredit the effect of intervention and manipulation. I guess that is because you were aware that Terry Lynch along with Eric Sprott were a couple of the Leaders of Make Canadian Mining Great Again. They have been fighting the unregulated use of naked shorting of Canadian Mining stocks and other forms of corrupt trading that unfairly affect pricing. I would expect you would like to direct comments about how Mr Lynch and Mr Sprott are off base on their concerns about corruption. Mr Sprott is also a holder of EMO. His response to the intervention was to retain his shares and wsit for next leg. With respect to Doc Jones, you are probably right that Doc was in EMO first. I reduced my position after the Mar 2021 short squeeze to about 25%. Doc had well over 1 mil shares and I assume he held or added. Not sure what your point was but feel free to critcize all their actions but I would suggest arming yourself with some facts first.
Looks like more than a handful read your write-up on BlackRock Silver this Early Friday before Christmas with some holiday cheer. Well done Shad !