Terry Lynch, CEO of Power Metallic Mines is pleased to provide the following Research Report Hub.

Following the company’s positive news release issued Monday, January 19, 2026, highlighting strong Lion Zone metallurgical recovery results, management believes it is timely to draw attention to a growing body of independent third-party research supporting the company’s direction, progress, and future potential.

As recent developments continue to advance the story, we are pleased to provide access to several arms-length research reports and technical commentary from respected capital markets firms that reinforce Power Metallic Mines’ outlook:

• Hannam Research – Institutional-grade analysis detailing scale potential, geological framework, and longer-term upside
   https://orairservices.com/wp-content/uploads/2026/01/Power-Metallic-Hannam-research-Jan-20-2026.pdf

• Red Cloud Research – Coverage highlighting exploration momentum, capital markets positioning, and valuation leverage
   https://orairservices.com/wp-content/uploads/2026/01/Power-Metallic-RedCloud-research-Jan-21-2026.p…

• Noble Capital Markets Research – Independent assessment focused on project quality, management execution, and peer comparisons
   https://orairservices.com/wp-content/uploads/2026/01/PNPNF_Noble-research-initiation-Jan-21-2026.pdf

• Metallurgical Results Commentary – “As Good as It Gets” – Recent metallurgy outcomes that materially de-risk development pathways and demonstrate exceptional recovery characteristics
   https://orairservices.com/wp-content/uploads/2026/01/PNPN.V_-Metallurgy-Results-as-Good-as-It-Gets-…

These reports represent independent validation rather than company marketing and collectively underscore Power Metallic Mines’ transition toward a more defined and investable growth profile.

We encourage you to review the research and consider how these external perspectives align with your investment framework. Should you wish to discuss the recent results, research coverage, or the company’s forward outlook, we would be pleased to connect.