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Power Metallic Mines – Exploration Update - Expanding Lion Zone & Nisk Regional Targets, MRE In July

The KE Report May 11, 2026

Summary

Power Metallic Mines continues to expand the high-grade Lion Zone with exceptional drill results, including 22.00m @ 11.46% CuEq, demonstrating robust near-surface polymetallic mineralization.

A fully funded six-rig, 100,000-meter drill program is underway, utilizing advanced technology like Muon tomography and borehole EM to test regional targets across a 5km corridor.

Investors can anticipate a steady news flow with a Mineral Resource Estimate (MRE) update targeted for July, followed by initial project economics in a PEA by year-end.