Power Metallic Initiates Metallurgical Testing of Lion Deposit Phase 1 Metallurgy Recovery Contracted to SGS Canada Inc., Quebec City, QC and Lakefield, ON
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 (TSXV: PNPN / OTC: PNPNF) ha affidato a SGS Canada l'esecuzione di test metallurgici preliminari sulla giacitura Lion, con lavoro nei laboratori di Quebec City e Lakefield.
Il campionamento ha utilizzato scarti di core di perforazione: HG (103 campioni, ~300 kg) e LG (99 campioni, ~300 kg). SGS realizzerà dei composite da 75 kg per zona, produrrà tre campioni di test da 50 kg (HG, LG, miscelazione 50/50), e eseguirà flottazione più analisi per Cu, Pd, Pt, Au, Ag, Ni. I test possono includere altri PGM se indicati. Si prevede che i test richiedano ~14 settimane con la relazione finale non prima di gennaio 2026.
Power Metallic (TSXV: PNPN / OTC: PNPNF) ha confiado a SGS Canadá la realización de pruebas metalúrgicas preliminares en el yacimiento Lion, con trabajos en los laboratorios de Quebec City y Lakefield.
El muestreo utilizó testigos de núcleos de perforación: HG (103 muestras, ~300 kg) y LG (99 muestras, ~300 kg). SGS creará composites de 75 kg por zona, producirá tres composites de prueba de 50 kg (HG, LG, 50/50 mezclado) y realizará flotación más análisis para Cu, Pd, Pt, Au, Ag, Ni. Las pruebas pueden incluir otros PGMs si procede. Se espera que las pruebas tarden ~14 semanas, con el informe final no antes de enero de 2026.
Power Metallic (TSXV: PNPN / OTC: PNPNF)은 Lion 광맥에 대한 예비 제금속 시험을 SGS Canada에 위탁했으며, 퀘벡 시티와 레이크필드 연구소에서 작업이 진행됩니다.
샘플링은 드릴 코어 거짓 샘플을 사용했습니다: HG (103개 샘플, 약 300 kg)와 LG (99개 샘플, 약 300 kg). SGS는 구역별로 75 kg 합성표를 만들고, 세 가지 50 kg 테스트 합성표(HG, LG, 50/50 혼합)를 생산하며, 구리(Cu), 팔라듐(Pd), 백금(Pt), 금(Au), 은(Ag), 니켈(Ni)의 분석과 함께 선광 플로테이션을 수행합니다. 필요 시 다른 PGEs도 시험에 포함될 수 있습니다. 시험은 약 14주가 소요될 것으로 예상되며, 최종 보고서는 2026년 1월 이전에 발표되지 않을 예정입니다.
Power Metallic (TSXV: PNPN / OTC: PNPNF) a confié à SGS Canada la réalisation de tests métallurgiques préliminaires sur le gisement Lion, avec des travaux dans les laboratoires de Québec et de Lakefield.
L’échantillonnage a utilisé des témoins de carottage rejetés : HG (103 échantillons, ~300 kg) et LG (99 échantillons, ~300 kg). SGS élaborera des composites de 75 kg par zone, produira trois composites de test de 50 kg (HG, LG, 50/50 mélangé) et réalisera des tests de flottation ainsi que des analyses pour Cu, Pd, Pt, Au, Ag, Ni. Les tests peuvent inclure d’autres PGEs si nécessaire. On s’attend à ce que les tests durent environ ~14 semaines, et le rapport final ne sera pas disponible avant janvier 2026.
Power Metallic (TSXV: PNPN / OTC: PNPNF) hat SGS Canada beauftragt, vorläufige metallurgische Tests auf dem Lion-Vorkommen durchzuführen, mit Arbeiten in den Laboren von Québec City und Lakefield.
Die Proben stammen aus Bohrkernen, die als HG (103 Proben, ca. 300 kg) und LG (99 Proben, ca. 300 kg) bezeichnet wurden. SGS wird 75-kg-Kompositproben pro Zone erstellen, drei 50-kg-Testkomponenten (HG, LG, 50/50 gemischt) produzieren und Flotationsversuche plus Analysen für Cu, Pd, Pt, Au, Ag, Ni durchführen. Weitere PGEs können bei Bedarf einbezogen werden. Die Tests sollen ca. 14 Wochen dauern, der abschließende Bericht wird frühestens im Januar 2026 vorliegen.
Power Metallic (TSXV: PNPN / OTC: PNPNF) قد قامت SGS Canda بتكليف إجراء اختبارات معدنية مبدئية على مكمن Lion، مع أعمال في مختبرات كيبيك سيتي وليكفيلد.
استخدمت العينة مخلفات لبري钻: HG (103 عيـنات، نحو 300 كغ) وLG (99 عينة، نحو 300 كغ). ستقوم SGS بإعداد مركبات 75 كغ لكل منطقة، وإنتاج ثلاث مركبات اختبار 50 كغ (HG، LG، مزيج 50/50)، وتشغيل الاختزال والتعويم بالإضافة إلى التحاليل لـ Cu، Pd، Pt، Au، Ag، Ni. قد تدخل الاختبارات عناصر معدنية ثمينة أخرى من فئة PGEs إذا دعت الحاجة. من المتوقع أن تستغرق الاختبارات نحو 14 أسبوعاً مع تقرير نهائي ليس قبل يناير 2026.
Power Metallic (TSXV: PNPN / OTC: PNPNF) 已委任 SGS Canada 对 Lion 矿床进行初步冶金测试，工作在魁北克市与列克菲尔德实验室进行。
取样使用钻芯废样：HG（103 份样品，约 300 kg）以及 LG（99 份样品，约 300 kg）。SGS 将为每个区制作 75 kg 的组合样本，产出三份 50 kg 的测试组合样本（HG、LG、50/50 混合），并进行浮选及 Cu、Pd、Pt、Au、Ag、Ni 的分析。若有需要，测试也可能包含其他贵金属族金属（PGMs）。预计测试约需 14 周，最终报告最早在 2026 年 1 月之前不会发布。
- Contract awarded to SGS Canada for flotation metallurgical testing
- Three 50 kg composites prepared (HG, LG, 50/50 blended) for representative testing
- Testing covers six principal metals: Cu, Pd, Pt, Au, Ag, Ni
- Planned ~14 week test program with final reporting by Jan 2026
- Company has no immediate plans to produce a NI 43-101 resource report
- No metallurgical recoveries or assay results released yet; outcomes uncertain
"Metallurgical Testing is one of the key steps mining companies take to derisk development of mining projects. It is also a necessary step for NI 43-101 reporting on the resource and its economic potential. While we have no immediate plans to produce a NI- 43-101 resource report the results of this study will enable independent bank, company and industry analysts to utilize the appropriate resource recovery numbers while developing economic valuations on the Nisk project. In this respect we are following the path well established by projects like Filo and Great Bear, who both posted assays and azimuths for their exploration results and allowed the analysts to speak to the economic potential of these projects." Commented Power Metallic CEO Terry Lynch
Power Metallic carried out a competitive bid process for carrying out the metallurgical studies and has awarded the contract to SGS Canada Inc. based on their extensive experience with flotation metallurgical testing. Compositing of the samples, and flotation studies will be conducted in
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.
The Lion deposit has two zones of mineralization defined by drilling, consisting of a High-Grade zone (HG) and a lower grade Hanging-wall Zone ((LG). Current understanding is that the vast majority of the metal value in the deposit is contained within the High-Grade zone, consisting of semi-massive to massive copper sulphide mineralization. The chosen rejects consist of the two zones, the massive to semi-massive sulphides HG, and the LG disseminated and veined structural hanging-wall to the HG.
Power Metallic compiled a series of drill core reject material from the Lion deposit. The sample rejects were chosen to be spatially representative of the known mineralization across strike and down plunge within the deposit. The HG is represented by 103 samples from 15 drill holes and the LG is represented by 99 samples from 10 drill holes (Figure 1).
Each zone of collected core rejects represented approximately 300 kg of sample material which were hand delivered to the SGS laboratory in
The HG and the LG will each have 25 kg extracted from the 75 kg composites to form a Blended Composite, resulting in three (3) separate 50 kg composites for initial analyses and flotation testing. The 50/50 ratio of HG to LG weighting for the Blended composite is based on current estimates of modelled volumes for the two Lion deposit types. Each of the three composites will go through complete metallurgical testing for determining any variability for recovery of the six (6) principal metals (Cu, Pd, Pt, Au, Ag, Ni) for each zone and for the Blended composite. Additional testing may be done for rare earth minerals associated with this polymetallic deposit type (Os, Ir, Rh, Ru, other) if initial mineralogy suggests potential economic concentration.
The metallurgical tests are anticipated to take approximately 14 weeks to complete. Power Metallic will divulge results of the testing as soon as practical, but final reporting of results is not expected before January 2026.
Qualified Person
Joseph Campbell, P.Geo, VP Exploration at Power Metallic, is the qualified person who has reviewed and approved the technical disclosure contained in this news release.
About Power Metallic Mines Inc.
Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)—a high–grade Copper–PGE, Nickel, gold and silver system—toward Canada's next polymetallic mine.
On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to
Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs.
Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in
It also owns
For further information, readers are encouraged to contact:
Power Metallic Mines Inc.
The Canadian Venture Building
82 Richmond St East, Suite 202
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry.
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SOURCE Power Metallic Mines Inc.
FAQ
What metallurgical work did Power Metallic (PNPNF) announce on October 16, 2025?
Which metals will SGS test for in the PNPNF Lion deposit metallurgical program?
How were Lion deposit samples prepared for the PNPNF metallurgical tests?
When will Power Metallic (PNPNF) release final metallurgical results?
Does the PNPNF announcement include a new NI 43-101 resource?
