# Gold State Finalizes Acquisition of the Panteria Copper-Gold Porphyry Project in Peru

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69

Original source: https://money.tmx.com/en/quote/IMM/news/7896436482695876/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in

Publisher: tmx

Original announcement: 2022-04-21T13:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Gold State Resources Inc.

- Ticker: GOST

- Exchange: TSX

- Region: Peru

- Primary commodity: Copper

- Secondary commodities: Gold, Silver

- Document categories: Drill results, Agreement transaction

- Extracted: 2026-09-14 07:08:19 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Gold State Resources Inc. has finalized the acquisition of the Panteria copper-gold porphyry project in Peru from Peruvian Metals Corp. The project features several mineralized zones, including the El Corral and NW Corral zones, with historical drilling demonstrating a large-scale hydrothermal system.

Reasoning: The company has finalized the acquisition of a prospective porphyry project with existing drill data showing significant scale, though grades are relatively low.

- Positive factor: Acquisition of a prospective Cu-Au porphyry project

- Positive factor: Significant drill intercepts reported

- Positive factor: Large hydrothermal system indicated by vertical and horizontal extent

- Negative factor: Low-grade intercepts

- Negative factor: Project is currently untested in key zones like Renaldo

Facts used in scoring: 10

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions Jeffrey Reeder, P.Geo, as a qualified person who prepared and supervised the technical disclosure.

Evidence · text

> Jeffrey Reeder, P.Geo, Peruvian’s CEO, and a qualified person as defined in National Instrument 43-101

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Drill Results (10)

### PANDD-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-0)

Panteria · copper

#### Identity

- Hole ID: PANDD-006
- Project: Panteria
- Commodity: copper
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.497
- Grade Unit: %
- Intercept: 31.3 m
- From: 320 m
- To: 351.3 m
- Intercept Depth: 320 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: PANDD-006:320-351.3
- Mining Method: open\_pit

#### Location

- Location: El Corral zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Moderate grade copper intercept over a significant width.

- Positive factor: Significant width of 31.3m

- Negative factor: Low grade for porphyry

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-1)

Panteria · gold

#### Identity

- Hole ID: PANDD-006
- Project: Panteria
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.676
- Grade Unit: g/t
- Intercept: 31.3 m
- From: 320 m
- To: 351.3 m
- Intercept Depth: 320 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: PANDD-006:320-351.3
- Mining Method: open\_pit

#### Location

- Location: El Corral zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Low grade gold intercept.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-2)

Panteria · copper

#### Identity

- Hole ID: PANDD-006
- Project: Panteria
- Commodity: copper
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.252
- Grade Unit: %
- Intercept: 125.8 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: PANDD-006:320.0-445.8
- Mining Method: open\_pit

#### Location

- Location: El Corral zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Large width intercept of low-grade copper.

- Positive factor: Very large intercept width of 125.8m

- Negative factor: Low grade

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-3)

Panteria · gold

#### Identity

- Hole ID: PANDD-006
- Project: Panteria
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.283
- Grade Unit: g/t
- Intercept: 125.8 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: PANDD-006:320.0-445.8
- Mining Method: open\_pit

#### Location

- Location: El Corral zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Low grade gold intercept over a large width.

- Positive factor: Large width

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-4)

Panteria · copper

#### Identity

- Hole ID: PANDD-002
- Project: Panteria
- Commodity: copper
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 127.1 m
- From: 195 m
- To: 322.1 m
- Intercept Depth: 195 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: PANDD-002:195-322.1
- Mining Method: open\_pit

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Large width, low grade copper intercept.

- Positive factor: Large width

- Negative factor: Low grade

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-5)

Panteria · gold

#### Identity

- Hole ID: PANDD-002
- Project: Panteria
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.143
- Grade Unit: g/t
- Intercept: 127.1 m
- From: 195 m
- To: 322.1 m
- Intercept Depth: 195 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: PANDD-002:195-322.1
- Mining Method: open\_pit

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Low grade gold intercept.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-6)

Panteria · copper

#### Identity

- Hole ID: PANDD-002
- Project: Panteria
- Commodity: copper
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 0 m
- From: 413 m
- To: 413 m
- Intercept Depth: 413 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: PANDD-002:413-413
- Mining Method: open\_pit

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Low grade copper intercept.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-7)

Panteria · gold

#### Identity

- Hole ID: PANDD-002
- Project: Panteria
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.13
- Grade Unit: g/t
- Intercept: 0 m
- From: 413 m
- To: 413 m
- Intercept Depth: 413 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: PANDD-002:413-413
- Mining Method: open\_pit

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Low grade gold intercept.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-8)

Panteria · copper

#### Identity

- Hole ID: PANDD-004
- Project: Panteria
- Commodity: copper
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.16
- Grade Unit: %
- Intercept: 0 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Low grade copper intercept.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

### PANDD-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/gold-state-finalizes-acquisition-of-the-panteria-copper-gold-porphyry-project-in--09e0f864-7844-4268-a241-28bf27a01c69#fact-drill-facts-9)

Panteria · gold

#### Identity

- Hole ID: PANDD-004
- Project: Panteria
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: GOST

#### Geometry

- Grade: 0.07
- Grade Unit: g/t
- Intercept: 0 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-04-21T00:00:00.000Z

Reasoning: Low grade gold intercept.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Pursuant to the terms of the Acquisition, additional milestone payments include CAN$750,000 or Shares with the equivalen"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
