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Power Metallic Mines Expands Exploration Arsenal with Cutting-Edge Geophysical Surveys at Nisk Project
TORONTO, May 27, 2026 /CNW/ - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to

About this update from Power Metallic Mines Inc.
[{"type":"text","content":"\n \n \n \nTORONTO, May 27, 2026 /CNW/ - Power Metallic Mines Inc. (the \"Company\" or \"Power Metallic\") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to announce the expansion of its summer 2026 exploration program at the Nisk Project in Quebec. Building on the recent Muon Tomography program launched on May 13, the Company is deploying three advanced geophysical surveys to accelerate the hunt for deeper high-grade Ni-Cu-PGE mineralization. Power Metallic is planning an Ambient Noise Tomography (ANT) survey on the Nisk Far West target, completing a gravity survey over the Lion area, and completing a superconducting quantum magnetometer SQUIDs survey over the Lion area. These state-of-the-art techniques will sharpen targeting for the Lion Zone extensions and new discoveries across the expanding property, leveraging Power Metallic's significant 2025 land acquisitions.Field mapping and prospecting of the large Nisk land package will begin following the winter snow melt and run-off, identifying the sources for untested magnetic and EM targets identified in previous exploration surveys. And it shouldn't be forgotten that over the next two quarters of 2026 Power Metallic will be completing more than 30,000 meters of exploration drilling across the enlarged Nisk land package. Mobilization for this drill program is currently underway.A regional lake sediment survey will also be conducted this summer. This will identify potentially mineralized watersheds while also forming part of the environmental baseline studies that have been initiated in anticipation of future Feasibility reports that will require environmental mitigation planning for any mine development.SQUIDs Survey: Illuminating Deep Magnetic TargetsAs the search for the deeper extensions to Lion, and the search for additional Lions and large magmatic Ni-Cu deposits interpreted to be in the region of the Nisk property continues, more sophisticated exploration techniques are being used to model the deep earth. One approach is to utilize superconducting quantum magnetometer (SQUIDs) to illuminate deep magnetic targets that could host this mineralization. A survey (Figure 2) over the Lion and Lion West areas by DIAS Geophysical began during the winter of 2026 and will be completed in the early summer. The expectation is that SQUIDs will better define magnetic targ...