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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 Initiates Metallurgical Testing of Lion Deposit Phase 1 Metallurgy Recovery Contra...

About this update from Power Metallic Mines Inc.
[{"type":"text","content":"\n\n\nPower Metallic Initiates Metallurgical Testing of Lion Deposit Phase 1 Metallurgy Recovery Contracted to SGS Canada Inc., Quebec City, QC and Lakefield, ON\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, Oct. 16, 2025 /CNW/ - Power Metallic Mines Inc. (the \"Company\" or \"Power Metallic\") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) Power Metallic is pleased to provide an update on preliminary metallurgical studies being performed by SGS Canada Ltd at its laboratories based in Quebec City, QC, and Lakefield, ON.\n\"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\nPower 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 Quebec City, and analyses and environmental testing will be carried out at Lakefield, ON.\nWork 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 ...