Power Metallic Mines Inc.: Exciting Drilling Results from the Fall 2024 Campaign
Toronto, Ontario, March 25, 2025 – Power Metallic Mines Inc. (the “Company” or “Power Metallic”) is thrilled to share the results of its fall 2024 drilling campaign. This campaign, which targeted various areas within the Lion and Tiger zones, has yielded promising results that are sure to generate significant interest.
Successful Drilling in the Lion Zone
Four holes (PN-24-086, 087, 092, and 093) were drilled to assess multiple target areas within the Lion zone. The results demonstrate the potential for substantial mineralization, with each hole intersecting significant mineralization:
- PN-24-086: Intersected 1.5 meters of 3.2% zinc, 1.2% copper, and 12.7 g/t silver.
- PN-24-087: Intersected 2.1 meters of 3.5% zinc, 1.7% copper, and 15.9 g/t silver.
- PN-24-092: Intersected 1.8 meters of 3.8% zinc, 1.5% copper, and 18.2 g/t silver.
- PN-24-093: Intersected 2.4 meters of 3.1% zinc, 1.9% copper, and 14.6 g/t silver.
Encouraging Results from the Tiger Target
Two holes (PN-24-090 and 094) were drilled to test the Tiger target, and initial results indicate the presence of mineralization:
- PN-24-090: Intersected 0.8 meters of 1.6% zinc, 1% copper, and 10.5 g/t silver.
- PN-24-094: Intersected 1.2 meters of 1.9% zinc, 1.2% copper, and 12.1 g/t silver.
These results are encouraging, and further analysis will be conducted to determine the full extent and significance of the mineralization discovered in the Lion and Tiger zones.
Impact on Investors
For investors, these results represent a potential boost to the value of Power Metallic’s shares. The successful drilling campaign not only increases the likelihood of expanding the existing mineral resources but also demonstrates the Company’s commitment to exploring and developing its projects. This commitment, combined with the potential for significant mineralization, could lead to increased investor interest and a potential rise in share price.
Impact on the Mining Industry and the World
Beyond Power Metallic, these results could have a broader impact on the mining industry and the world. The discovery of significant mineralization in Canada, a country known for its rich mining history, could lead to increased exploration efforts and investment in the sector. Moreover, the potential for increased zinc, copper, and silver production could contribute to the global supply of these essential metals, which are crucial for various industries, including construction, electronics, and energy.
Conclusion
Power Metallic Mines Inc.’s fall 2024 drilling campaign has yielded promising results, with significant mineralization discovered in both the Lion and Tiger zones. These findings not only represent a potential boost to Power Metallic’s operations but also have the potential to impact the mining industry and the world. As the Company continues to analyze the data from this campaign, investors and the industry will be eagerly watching for further developments.
Power Metallic remains committed to exploring and developing its projects, and these encouraging results underscore the potential for significant discoveries. Stay tuned for more updates as the Company continues to unlock the potential of its mineral resources.
