TORONTO, June 4, 2025 –Power Metallic Mines Inc (the “Company” or “Power Metallic”)(TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of the final 11 holes from the winter 2025 drilling campaign focused on the Lion Zone (9 holes) and Nisk East (2 holes).

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The nine holes at lion (PML-25-005 to 013) were testing multiple areas of the Lion Zone, including the down plunge extent, shallow sub-crop projections, in-fill drilling of the Lion Zone, and testing of off-hole EM (BHEM) anomalies west of Lion (Table 1). The general location of the drilling in this news release for the Lion Zone and Nisk East Zone is shown in Figure 1.

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ZONE DRILL RESULTS

The nine holes reported in this release were testing the deeper plunge extent on the western side of the Lion Zone; shallow sub-cropping interpreted locations of the Lion Zone, and internal in-fill drilling to better define the heterogenous width and grade of the Lion Zone in preparation for a future mineral resource estimate.

Holes PML-25-005 and 012a were testing the down plunge extent of the western side of the Lion Zone. Both holes intersected substantial polymetallic zones (3.10 g/t Au, 25.52 g/t Ag, 4.09% Cu, 12.06 g/t Pd, 2.00 g/t Pt – Cu EqRec¹10.99% over12.54 min PML-25-012a – Figure 2) indicating a potential shift to the west for the plunge of the high grade portion of the Lion zone.

This plunge direction will be followed up by early drill holes in the spring/summer drill campaign starting in early June.

 

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 Power Metallic CEO Terry Lynch commented

“Well apologies that took a lot longer than I thought.

 

“We try and provide as much visibility as possible but there were some unforeseen delays.

 

“That being said we think they have been worth the wait.

 

“The team is very keen to get that suite of holes between Nisk and Lion and let’s just see how connected these mineralized areas are!”

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