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Lion Zone Delivers Second Best Intersection Ever As Power Metallic intercepts 22.00 Meters of 11.46% CuEqRec¹ in Hole 26-095
Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to provide additional assays from its winter 2026 drill program.
About this update from Chilean Metals Inc.
[{"type":"text","content":"TORONTO, May 6, 2026 /CNW/ - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to provide additional assays from its winter 2026 drill program.","length":237,"tagName":"p"},{"type":"text","content":"Lion Zone MRE In-fill program","length":29,"tagName":"p"},{"type":"text","content":"Additional drill holes continued to add and refine the high-grade Lion Zone ahead of the 2026 Mineral Resource Estimate (MRE). The infill drill holes in this release cover approximately 560 m down plunge extent from the core of the Lion Zone (PML-26-095) to central southwestern Lion area (PML-26-069) (Figure 1). These holes highlight both the robust near surface mineralization as well as returning the deepest high-grade intercept at Lion. These holes will be incorporated into future mineral resource estimates and highlight the potential for open pit development.","length":568,"tagName":"p"},{"type":"text","content":"Continued evolution and support of the modelled interpretation of the Lion Zone is evidenced by PML-26-095 which intersected the interpreted core of the Lion Zone with wide intersections of high-grade copper near surface with 22.00 m @ 11.46% CuEqRec1 including 6.50 m @ 18.59% CuEqRec1 and including 4.00 m @18.62% CuEqRec1 (Table 1).","length":335,"tagName":"p"},{"type":"text","content":"Hole PML-26-069 tested the zone approximately 560 m south-southwest down plunge of PML-26-095 at a vertical depth of 600 m containing a moderate grade of 6.58 m @ 4.00% CuEqRec1 including a high-grade interval of 2.82 m @ 8.26% CuEqRec1.","length":237,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"11","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:MIDDLE;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Table 1: Lion Results - Winter 2026","length":35,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"2","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:MIDDLE;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Hole","length":4,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:MIDDLE;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"From","length":4,"tagName":"p","attribs":{}}]},{"colspan":"1",...