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Cision Canada
10-07-2025
- Business
- Cision Canada
Power Metallic Provides an Update on Summer 2025 Exploration Programs at Nisk Project
TORONTO, July 10, 2025 /CNW/ - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSX-V: PNPN, OTCBB: PNPNF, Frankfurt: IVV) Power Metallic is pleased to provide an update on the current exploration activity (Q2-Q3 2025) and the planned scaling up of exploration programs in Q3-Q4 of 2025. THE BIG PICTURE Exploration is well underway for the summer to fall drilling campaign. The majority of the logging and core cutting facility upgrade (announced in the March 17, 2025, news release) has been completed allowing for faster expansion of the exploration drill program. Mobilization of project team members, drillers (RJLL Forage Drilling) and Helicopter support (Expedition) was completed for a June 9th start to the drilling program. Currently there are three (3) active drill rigs, with the fourth (4) mobilizing to site this week. Drilling is a combination of skid mounted trail accessible, and helicopter supported drills. The drills mobilized are targeting the following drilling meters by zone for the summer drilling period. 10,000-12500 meters of drilling at Lion 5,000-6,250 meters of drilling at Tiger 5,000-6,250 meters of drilling at Nisk Main, Nisk West and Nisk East As previously carried out in 2024 and Q1 2025 drilling programs, borehole EM (BHEM) surveys are being performed by Geophysique TMC on selected drill holes to identify off-hole anomalies. To date Power Metallic has had great success discovering mineralization following up on BHEM conductors. TMC will also conduct localized ground EM surveys following up on re-interpreted Airborne EM data collected in 2023 In addition to drilling, a large field crew is carrying out detailed mapping and prospecting of the property, including the recently announced land acquisition package from Li-FT Power covering the south limb of the basin containing the prospective geology for Cu-PGE-Ni deposits, and the eastern and western extensions of the Nisk-Lion-Tiger host geology (June 9, 2025, news release). Supplementing the field mapping Power Metallic has started an airborne EM/magnetic (AEM) survey carried out by Geotech Ltd covering our entire land package (approximately 1/3 completed to date), with the goal of defining EM conductors over prospective geology identified by the mapping crews. Additional to the AEM survey Power Metallic completed a LiDAR survey with LiDAR Services International (LSI). This survey will provide detailed topography with 10-20cm accuracy for all of Power Metallic's property. LSI will require approximately 10 weeks to process the topographic information. Once completed this survey will be invaluable for identifying outcrop areas for the mapping crews, particularly when overlaid with the co-collected orthorectified imagery at 10 cm pixel resolution that will be provided by LSI. Coupled with the AEM conductors the LiDAR and imagery will be excellent tools for drill site placement over prospective targets. In the background of the exploration programs Power Metallic is continuing to process detailed mineralogy studies through IOS and Elemission. These studies are designed to quantify the deportment of the Lion style mineralization, and the host rocks containing the Lion Zone. A subsequent press release in the coming weeks will provide (i) an update on the progress of the ongoing studies and (ii) explains the implications for expected metallurgical recoveries. THE EXECUTION Drill continues to develop the mineralization along the Nisk-Lion-Tiger trend (Figure 1). As drill permitting advances the target area through this host stratigraphy will be expanded. With four (4) drills operating Power Metallic expects an acceleration in discovery and expansion along this trend. Lion At Lion there are two (2) fly rigs turning with the aim of both extending Lion down dip/plunge to the SW as well as to infill gaps within the known deposit. Extension holes have been planned within an aggressive 100 x 100m grid following the modelled plunge of Lion, and accumulated BHEM conductive plates. Infill holes have been designed to add tonnes to the future mineral resource estimate. To date five (5) holes have been completed in this drill campaign with assays pending on significant mineralized zones (Figure 2). Tiger Power Metallic has scheduled one (1) drill to explore several undrilled targets (both modelled and BHEM) that are designed to expand this area into an additional mineral resource. Between Lion and Tiger There is a wide gap of no information between the currently known Lion and Tiger zones. A fourth drill (fly) is being mobilized to site this week with the goal of drilling exploratory holes between Lion and Tiger to cover this gap, as well as to evaluate targets at Tiger following up on mineralized intercepts from the early 2025 programme, as well as to test targets defined by BHEM surveys. Nisk Deposit A skid-based drill is active at Nisk East with the goal of understanding the potential that exists between Nisk and Lion, as well as targeting plates generated from recent BHEM and Airborne EM surveys. Select holes in this programme will have BHEM done. Early drilling during the Q1 2025 drilling campaign and in this campaign has encountered interesting mineralization that appears to be a hybrid of Lion and Nisk styles. To date three (3) holes have been completed in this drill campaign with assays pending on significant mineralized zones. LiFT Acquisition Update The Company is in the final stages of completing the acquisition that will add 167 km² to our existing ground (Figure 4). Increasing our land package by more than 300%. We expect to close this acquisition in the coming days and will provide a news release upon closing. Power Metallic is in the process of acquiring drill permits for the additional lands acquired, and for extending the Lion-Nisk target area. It is anticipated that these areas will be permitted for drilling during this current drill campaign. Specific areas of interest include the extension east of the Lion-Tiger stratigraphy that was acquired from Li-FT, and the western extension of the geology hosting the Nisk deposit which has indications of Ni-Cu mineralization from historical drilling. Once the AEM and LiDAR surveys are completed, and the results of prospecting sample assays are returned, drill targets will be developed in these new areas. Qualified Person Joseph Campbell, VP Exploration at Power Metallic, is the qualified person who has reviewed and approved the technical disclosure contained in this news release. About Power Metallic Mines Inc. Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)—a high–grade Copper–PGE, Nickel, gold and silver system—toward Canada's next polymetallic mine. On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025 purchase of 313 adjoining claims (~167 km²) from Li–FT Power, the Company now controls ~212.86 km² and roughly 50 km of prospective basin margins. Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs. Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which were spun out from Power Metallic via a plan of arrangement on February 3, 2025. It also owns 100% of Power Metallic Arabia which owns 100% interest in the Jabul Baudan exploration license in The Kingdon of Saudi Arabia's JabalSaid Belt. The property encompasses over 200 square kilometres in an area recognized for its high prospectivity for copper gold and zinc mineralization. The region is known for its massive volcanic sulfide (VMS) deposits, including the world-class Jabal Sayid mine and the promising Umm and Damad deposit. For further information, readers are encouraged to contact: Power Metallic Mines Inc. The Canadian Venture Building 82 Richmond St East, Suite 202 Toronto, ON Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry. SOURCE Power Metallic Mines Inc.
Scotsman
25-06-2025
- Entertainment
- Scotsman
Lomography: How plastic cameras stole my youth (and gave it back again)
In a world flooded with perfect photos, perhaps there's a place for the overexposed and out-of-focus analogue shot, writes Roger Cox Sign up to our Scotsman Rural News - A weekly of the Hay's Way tour of Scotland emailed direct to you. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Back in the early Noughties, I developed an expensive infatuation with toy-like analogue cameras. It was all the fault of the Arches in Glasgow, which, in 2001, hosted an exhibition of Lomography – photographs taken using boxy, retro-style cameras designed and built at the Lomo factory in St Petersburg from the 1980s onwards. The cameras themselves weren't particularly pricey (the whole point of them was that they were supposed to be cheap and therefore something comrades across the communist world could enjoy), but the random, never-know-what-you're-going-to-get element they injected into the process of taking photographs was highly addictive. Cat Skiing at Mustang Powder, British Columbia, Canada, as seen through a Lomo Fisheye No.2 camera | Roger Cox / The Scotsman How much money did I burn through developing films from Lomo cameras in the first few years of the 21st century? I shudder to think, but with a success rate of approximately one decent image per 36-exposure film, suffice to say that if I'd saved all that cash and invested it in Apple shares instead, just as Steve Jobs and Co were figuring out how to incorporate digital cameras into mobile phones, I could probably have retired by now, and would be writing this from the deck of my yacht, somewhere in the Caribbean. Advertisement Hide Ad Advertisement Hide Ad The first Lomo camera to be developed was the LOMO LC-A, modelled on a Japanese compact camera called the Cosina CX-1, and it soon became popular everywhere hammers and sickles were in vogue. Then, in 1991, with the Iron Curtain duly consigned to the Great Skip of History, a group of Viennese students came across some of these odd-looking picture boxes while visiting Prague, fired off a load of frames, developed the films when they got home, and were promptly blown away by the distinctive, out-of-time images they produced. The following year, they set up the Lomographic Society International (LSI), with its own 'Ten Golden Rules of Lomography' and, a little later, wrote a full-blown Lomography Manifesto. Fast-forward to 1996, and, when it looked as if the folks at the Lomo factory were about to call time on their quirky plastic cameras, the evangelists at the LSI travelled to Russia and convinced the head honchos there to continue production. There was, they explained, a market for these little cameras in the west... Crossing the California-Nevada border at the Heavenly ski resort with a Lomo Action Sampler | Roger Cox / The Scotsman By the time I first became aware of Lomography, the LOMO LC-A was by no means the only Lomo camera on offer – I was able to buy an Action Sampler, which allowed you to capture a sequence of four images on a single exposure, and a Fisheye No. 2, which, with its 10mm lens, made everything look as if you were shooting from inside a slightly murky goldfish bowl. Proceeding further down this retro photographic rabbit hole, I also got myself a Holga 120N, which meant shooting on medium format film – even more expensive to buy and develop. None of this would really have mattered if I hadn't had anything much of interest to point these cameras at during my 20s. However, my plastic camera mania happened to coincide with the period of my life when I got to travel the most – no kids, no responsibilities, and for some reason almost completely impervious to jetlag. Had I owned a sensible, straightforward digital camera during this time, even with my very-basic-verging-on-Neanderthal understanding of photography, I would still have ended up with a well-organised image bank that would now enable me to relive this period in glorious Technicolor whenever I wanted. Instead, all I have is a shoebox full of madness – a chaotic haystack of pictures which, taken together, resemble a nonsensical, globetrotting acid trip. Double exposure of surfers at Blehaven Bay, East Lothian | Roger Cox / The Scotsman A chance of a lifetime to go cat-skiing in the Monashee Mountains in British Columbia, for example – bottomless powder snow every day for a week – could potentially have yielded some spectacular action shots. Instead, I have a few wonky fish-eye images of people emerging from snow cats, the huge, brawny machines looking comically small beside the skiers standing in front of them, due to the way the lens distorts the image. Fisherman's Wharf in San Francisco? Action Sampler images of somebody's Converse trainers (nope, no idea whose) walking along a sunny sidewalk. A surf contest at Dunbar? Various trippy double-exposure portrait experiments, none of them very successful. A ski trip to Heavenly at Lake Tahoe? Another Action Sampler series, this one taken while snowboarding across the California-Nevada border, only with my finger covering nearly half of one of the four frames that make up the image. I could go on, but you get the general idea – for the most part, the only visual record I have of this time in my life looks like a Monty Python film directed by David Lynch. Advertisement Hide Ad Advertisement Hide Ad Fisherman's Wharf, San Francisco | Roger Cox / The Scotsman Towards the end of the Noughts I got myself a 'proper' DSLR camera, started taking 'proper' pictures, and put the plastic cameras and the shoebox full of wonky prints away. A few weeks ago, though, I got them all out again for the first time in about a decade, and decided that perhaps my plastic-fantastic years weren't a complete waste after all. These days the world is flooded with perfect images, many of them artificially tweaked to look even more perfect; at least with an overexposed and out-of-focus analogue shot you know you're looking at something real.
Phone Arena
12-06-2025
- Business
- Phone Arena
Samsung Foundry needs yield to hit 70% on 2nm node to finalize Galaxy S26 AP specs
Despite Samsung Foundry's 2nm trials showing yields in the 30% range, Sammy's latest application processor (AP), the Exynos 2600, is now reportedly going through prototype mass production using Samsung Foundry's 2nm GAA process node. Some of the company's units, such as its LSI chip design arm, and the aforementioned Samsung Foundry division, are hard at work seeking to improve yields. Low yields mean that only a small number of dies cut from a silicon wafer pass through QA and are deemed usable. The smaller the yield, the more expensive are the chips that survive the manufacturing process. Look at it this way. A baker bakes 100 cookies and only 30 come out edible. The cost to bake those 100 cookies can be split among 30 cookies only. If 75 cookies come out of the baking process without any defects, the cost of production is now divided by 75 reducing the cost. At the start of this year, Samsung Foundry's yield for 2nm trials was 30%. Since May, the foundry has been targeting a 50% yield and it must rise to 70% in order to make it worthwhile for Samsung Foundry to mass produce the Exynos 2600 at a 2nm process node. Not only does it seem that the Exynos 2600 will be one of the first APs to be built at 2nm, it will also be among the first to use Gate-All-Around (GAA) transistors. GAA transistors cover the channel on all four sides reducing current leakage and improving the drive current. Thus chips using GAA have improved performance while being more energy-efficient. Once Samsung is done with the mass production of the Exynos 2600 prototypes, it will start risk production while the foundry works on improving its yield. Official mass production of the Exynos 2600 AP could start in December or January just months before the expected February release of the Galaxy S26 series. The Exynos 2600 is expected to be equipped with 10 CPU cores. If Samsung Foundry can hike its 2nm yields to 70% we could see the Exynos 2600 power the Galaxy S26 , and the Galaxy S26 + in Europe, and depending on yields, in other regions outside of the U.S., Canada, and China. In those three markets, the Qualcomm Snapdragon 8 Elite 2 AP, built by TSMC using its 3nm node, will be under the hood of the Galaxy S26 and Galaxy A26+ models. In all regions, the Galaxy S26 Ultra will be powered by the Snapdragon 8 Elite 2 AP.
Axios
28-05-2025
- Business
- Axios
Refugee casework returns to Iowa after federal funding delay
Lutheran Services in Iowa (LSI) has reestablished a small team of case managers to assist Afghan and Ukrainian refugees residing in the state after months of halted federal funds. Why it matters: Case management is a vital support system for refugees after their arrival, assisting them in navigating housing, employment, school enrollment, health care and legal paperwork. Resuming support offers people a better chance at long-term success and self-sufficiency, Nicholas Wuertz, LSI's director of refugee services, tells Axios. Catch up quick: LSI, one of Iowa's oldest and largest nonprofit human service agencies, has provided resettlement assistance through federal contracts for decades, including aiding the state in resettling hundreds of Afghan refugee families in recent years. Most of those services ended in April when the agency laid off 25 staffers after the Trump administration's freeze on foreign aid, reflecting actions taken by resettlement agencies nationwide. Driving the news: Federal reimbursements for extended case management, including services for Afghan humanitarian parolees and Ukrainian refugees, resumed this month with LSI receiving $1.5 million it was owed for previous work. This allowed LSI to rehire five staff members over the past two weeks and resume part of its case management programs. Yes, but: LSI isn't welcoming new families. Donor support, which has aided the agency in recent months, is still necessary to assist families who arrived before Jan. 24, when the federal resettlement program was halted, CEO Renee Hardman tells Axios. The big picture: ABC News reports that other agencies nationwide are resuming some services, including the U.S. Committee for Refugees and Immigrants in Ohio.
GSM Arena
27-05-2025
- Business
- GSM Arena
A merger between Samsung's LSI and Foundry divisions is getting increasingly likely
Samsung's chip-manufacturing business isn't doing great, and poor yield is partially to blame. Even the Galaxy S25 series switched entirely to Snapdragon this year. Though the Exynos will return to the S26 series if the rumors are correct. The issues with Samsung's LSI (the chip design arm) run so deep that reports suggest a merger between Samsung LSI and another division, most likely Foundry. The initial rumors suggest that Samsung is planning to merge Samsung MX (Mobile Experience) and LSI, but the latest development is pointing to a Foundry-LSI merger instead. A South Korean news outlet says that during an internal meeting at the company, three possible scenarios were discussed - merge LSI into MX, merge LSI into Foundry or massively restructure LSI. According to people familiar with the matter, a merger with Foundry was favored, but no final decision has been made. It's interesting to note that LSI and Foundry were once under the Samsung DS (Device Solutions) division, but they were separated back in 2017 to reduce the chances of conflict of interest with other Samsung Foundry clients like Nvidia and Qualcomm. Source
