Power Metallic accelerates resource estimate after high-grade results

Power Metallic Mines CEO Terry Lynch joined Steve Darling from Proactive to provide an update on the company’s latest high-grade drill results from the Lion Zone discovery and discuss the decision to accelerate the timeline for its maiden mineral resource estimate. Lynch highlighted several recent standout drill intercepts, including 23 metres grading 11.5% copper equivalent, describing the results as “mind blowing numbers.” He noted that the Lion Zone continues to deliver strong high-grade mineralization as the company advances what it believes could become a significant copper discovery. Due to the growing scale and value of the project, Power Metallic has moved forward its mineral resource estimate timeline. Originally targeted for the first quarter of 2027, the maiden resource estimate is now expected in July. Lynch said analysts currently estimate the project could contain between 8 million and 16 million tonnes grading between 5% and 6% copper equivalent. The company also ...