Power Metallic Mines Inc. reports mineral exploration developments tied to its common shares traded as PNPNF in the United States and PNPN on the TSX Venture Exchange. Company updates focus on drill assays from the Lion Zone, infill drilling, structural interpretation, copper-equivalent results, and work supporting future mineral resource estimates and potential development concepts.
Recurring disclosures also cover regional exploration targets around Lion, Lion East, Lion West, Tiger, Elephant and related sulphide or gold mineralization, along with the company's Power Metallic Arabia subsidiary and the Jabul Baudan exploration license in Saudi Arabia's Jabal Said Belt. News may also include investor-relations disclosures, OTC Markets responses, and corporate actions involving mineral exploration assets.
Chilean Metals (TSXV: CMCG) commenced trading on the TSX Venture Exchange on February 19, 2026 under the symbol CMCG. The company filed a Form 2B (Feb 9, 2026) with full disclosure, including financial statements and a technical report for its flagship Golden Ivan project.
Flagship Golden Ivan comprises 13 claims (797 hectares) in British Columbia. Chilean Metals also holds 11,177 hectares of earlier-stage Chilean exploration claims across multiple districts. The company was spun out of Power Metallic in February 2025 with a 50% ownership by Power Metallic.
Power Metallic (OTC: PNPNF) reported fall 2025 drill assays from the Lion zone, including 20.40 m @ 4.11% CuEqRec (PML-25-046) with an 8.40 m @ 8.05% CuEqRec internal interval, and 8.60 m @ 6.34% CuEqRec (PML-25-045) including 5.10 m @ 9.86% CuEqRec. Results highlight polymetallic mineralization with notable Pd-Pt-Au credits and extend higher-grade lenses and a new lens ~150 m west of Lion.
Reported lengths are downhole; true widths estimated at 85%. Company continues logging work and expects remaining assays in February 2026.
Power Metallic (OTC: PNPNF) reported preliminary SGS Canada locked-cycle metallurgical results from the Lion zone showing a sulphide concentrate grading 25.8% Cu with very high recoveries: Cu 98.9%, Pd 93.9%, Pt 96.8%, Au 85.0%, and Ag 88.9%. Tests used three composites (HG, LG, Blended ~50/50) and SGS ran the LCT on the Blended composite as a run-of-mine analogue. SGS described the flotation response as strong and noted potential for value-added concentrate processing.
Power Metallic (OTC:PNPNF / TSXV:PNPN) released assays from its 2025 summer program showing multiple high‑grade intersections at the Lion zone and updates on a large off‑hole BHEM conductor. Key results include 4.40 m @ 14.34% CuEqRec within 20.40 m @ 3.58% CuEqRec in hole PML‑25‑029b, and 1.59 m @ 27.92% CuEqRec within 19.8 m @ 2.71% CuEqRec in PML‑25‑025. The company extended hole PN‑24‑064 to 1,347 m and completed BHEM modelling that defined the largest off‑hole conductor on the project, aligned with subsidiary conductors and the newly acquired Hydro Lands. Some targets returned modest or no significant assays; drilling permits granted for Hydro Lands and the company says it is funded for 2025–2026 work and planning a NYSE listing to access U.S. capital markets.
Power Metallic (TSXV: PNPN) will present a live virtual corporate update hosted by Red Cloud Financial Services on December 3, 2025 at 2:00 PM ET. The presentation will cover an update on Power Metallic and the NISK project and commodities including copper, PGEs, gold, silver, and nickel.
Shareholders and interested parties may register for the webinar; a replay will be emailed to registrants and posted on the Red Cloud website.
Power Metallic Mines (TSXV: PNPN / OTCBB: PNPNF) announced the results of its Annual General and Special Meeting held November 20, 2025 in Toronto.
Shareholders approved all items including the election of Terry Lynch, Peter Kent, Les Mallard, Greg McKenzie, Steve Beresford and Seamus O'Regan as directors, appointment of auditor MNP LLP, approval of an Omnibus Equity Incentive Plan (replacing the prior stock option plan to permit RSUs, DSUs and PSUs) and an amendment to give the board chair a casting vote. Just over 31% of issued common shares were voted. The company is advancing its NYSE listing application and, after completion of the Q3 financial review, expects to provide an update in early January 2026.
Power Metallic (TSXV: PNPN / OTCBB: PNPNF) reported summer 2025 drill results that extend and infill the Lion zone and outline targets between Lion and Tiger. Key assays include 5.35 m @ 16.35% CuEqRec (within 6.85 m @ 13.15% CuEqRec) in hole PML-25-022 and 5.90 m @ 10.43% CuEqRec within 27.50 m @ 2.75% CuEqRec in PML-25-023. The company expanded its land package >600% to 313 km2 from 46 km2 and prioritized BHEM anomalies at Tiger Deep and re-entry of PN-24-064. Commercial marketing retainers announced total up to US$318,000 + €84,817 with related option grants subject to TSXV approval. A qualified person (Joseph Campbell, P.Geo) reviewed the technical disclosure.
Power Metallic (TSXV: PNPN / OTC: PNPNF) has contracted SGS Canada to perform preliminary metallurgical testing on the Lion deposit, with work at Quebec City and Lakefield labs.
Sampling used drill core rejects: HG (103 samples, ~300 kg) and LG (99 samples, ~300 kg). SGS will make 75 kg composites per zone, produce three 50 kg test composites (HG, LG, 50/50 blended), and run flotation plus analyses for Cu, Pd, Pt, Au, Ag, Ni. Tests may include other PGEs if indicated. Testing is expected to take ~14 weeks with final reporting not before January 2026.
Power Metallic (OTCBB: PNPNF) has reported significant high-grade assay results from its summer drilling program at the Lion Zone. The program completed 34 holes totaling 17,250 meters across multiple areas. Notable intersections include 22.66 meters of 4.57% CuEq in Hole 020 and 28.0 meters of 4.28% CuEq in Hole 015.
The summer campaign targeted several areas including Lion Extensional Drilling (3,929m), Lion In-fill drilling (5,845m), Tiger Area (2,067m), Nisk Deposit (3,575m), and Regional Exploration (1,833m). The company has implemented infrastructure improvements, including a drill mat road with bridged stream crossings, enabling year-round access to the Lion area.
Additionally, Power Metallic announced expanded mining rights near the Lion Zone discovery through a Quebec government land allocation process, with pending results expected in 30-90 days.
Power Metallic Mines (OTCBB: PNPNF) has announced the appointment of Seamus O'Regan, former Canadian Minister of Energy & Natural Resources, to its Board of Directors. O'Regan brings extensive experience in government affairs, particularly in critical minerals and Indigenous services.
The company is advancing its Nisk polymetallic discovery in Nemaska, Quebec, which aims to become the world's first carbon-neutral polymetallic mine. The project focuses on critical minerals including Copper, Platinum, Palladium, Gold, Silver, and Nickel.
Power Metallic is currently executing a 100,000-meter drill program with four active rigs and plans to add a fifth rig in September. The company has granted 1,150,000 incentive stock options at $1.45 per share to O'Regan and certain officers.