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Power Metallic announces high-grade Lion Zone mineral resource with 406M lb CuEq, advancing Nisk project in Quebec.

Market News
08 Sep 2026
PRNewsWire
View Source
Bullish
Power Metallic announces high-grade Lion Zone mineral resource with 406M lb CuEq, advancing Nisk project in Quebec.

Power Metallic Mines Inc. has released an updated Mineral Resource Estimate for its Nisk Project in Quebec, including the first resource for the high-grade Lion Zone, containing approximately 406 million pounds of copper equivalent (CuEq) with over 85% classified as Indicated. The Lion Zone features near-surface mineralization with high copper recovery rates above 98% and significant precious metals content. The company is progressing with drilling to expand the resource and plans a Preliminary Economic Assessment to evaluate development potential. Government incentives for critical minerals and strong infrastructure support add to the project's appeal, with further assay results expected by September 2026.

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