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POWER ONE CONFIRMS FIRST EVER GOLD DISCOVERY AT PECORS, EXPANDING A MULTI-METAL SYSTEM IN ONE OF CANADA'S PREMIER JURISDICTIONS - ELLIOT LAKE ONTARIO
POWER ONE CONFIRMS FIRST EVER GOLD DISCOVERY AT PECORS, EXPANDING A MULTI-METAL SYSTEM IN ONE OF ...
About this update from Power One Resources Corp
[{"type":"text","content":"\n\n\nPOWER ONE CONFIRMS FIRST EVER GOLD DISCOVERY AT PECORS, EXPANDING A MULTI-METAL SYSTEM IN ONE OF CANADA'S PREMIER JURISDICTIONS - ELLIOT LAKE ONTARIO\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, Nov. 26, 2025 /CNW/ - Power One Resources Corp. (TSX-V: PWRO) (\"Power One\" or the \"Company\") is pleased to announce the first-ever discovery of gold mineralization at its Pecors Property, located east of Elliot Lake, Ontario. This milestone broadens the project's exploration scope, historically focused on uranium and base metals, and positions Pecors as a compelling multi-metal target.\n\n\n\n\n\n\n\n\"This is a game-changer for Pecors,\" added Khan. \"To identify gold for the first time on a property with a uranium legacy is a rare and valuable breakthrough —especially as gold spot prices test US$ 4,100 per ounce.\"\nPower One controls one of the largest contiguous land packages in the Elliot Lake district, a region renowned for uranium mining and increasingly recognized for critical and precious metals. In addition to uranium, nickel, copper, platinum group metals (PGMs), and rare earth elements (REEs), the newly confirmed gold significantly enhances the property's polymetallic potential.\nGold Discovery Highlights from 2023–2024 Drilling\nThe Company's 2023 drill program focused on shallow, near-surface REE targets at Pecors. During this program, drilling unexpectedly encountered a gold-bearing system, marking the first-ever gold discovery on the property.\nProject Development Update \n The 2023–2024 drill program, completed in early 2024, was impacted by the hospitalization and subsequent passing of the project manager, due to this the core was relocated to a secure off-site facility. Power One is actively working with all relevant parties to recover the core for re-logging, re-sampling, and expanded testing.\nThe assays completed to date covered only select elements. Following the identification of gold, Power One intends to conduct further samp...