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Lion (Nisk)

Power Metallic Mines Inc. TSXV: PNPN

Actively Drilling Quebec, Canada
Last update

Program timeline

  1. 04
    Assay results

    First deep Lion assays from the summer program: PML-26-125 returned 5.70 m at 14.00% CuEqRec including 2.15 m at 24.62% CuEqRec at nearly 800 m vertical depth; PML-26-121a returned 7.70 m at 3.28% CuEqRec including 1.70 m at 11.93% CuEqRec. PML-26-128 showed sulphides near 900 m with assays pending.

    Source: Canada Newswire ↗
  2. 03
    Update

    Power Metallic published an updated NI 43-101 mineral resource estimate for Nisk including the inaugural Lion Zone resource and an updated Nisk Main resource (effective June 19, 2026; drilling through April 19, 2026).

    Source: PR Newswire ↗
  3. 02
    Metre update

    The company reported five rigs still active on Nisk and expected summer program assays to begin in September and continue through the fall, while noting a delay to the combined Nisk-Lion MRE into late August.

    Source: Canada Newswire ↗
  4. 01
    Program start

    Power Metallic outlined expanded summer exploration at Nisk, including advanced geophysical surveys and more than 30,000 m of drilling across Lion, Nisk and regional targets on the enlarged land package.

    Source: Canada Newswire ↗

About the project

Lion is part of Power Metallic’s Nisk Project Area (Nisk–Lion–Tiger) in Québec, a Cu-PGE-Ni system under option from Critical Elements Lithium with a large surrounding claim package. Near-surface high-grade mineralisation supports both resource work and deeper plunge drilling.

Summer 2026 drilling shifted toward widely spaced depth extensions below the MRE outline. September assays from PML-26-125 pushed the deepest reported Lion core intercept to nearly 800 m vertical, with further deep and regional assays still expected.

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Summaries of public disclosures by Power Metallic Mines Inc. . The original sources linked above are the source of truth. This page is not investment advice and does not imply endorsement by Blue Butterfly.

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