# Ibero Mining Reports Results From Deep Undercut Drill Hole At Miguel Vacas Mine Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2 Original source: https://money.tmx.com/en/quote/IMC/news/5565292706437822/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine Publisher: tmx Original announcement: 2024-11-21T18:25:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Ibero Mining Corp. - Ticker: IMC - Exchange: TSX - Region: Portugal - Primary commodity: Copper - Secondary commodities: Gold - Document categories: Drill results, Other - Extracted: 2026-09-12 07:27:20 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Ibero Mining reported successful deep undercut drilling at the Miguel Vacas copper mine in Portugal, with hole \#11 intercepting 19.9m at 0.89% Cu. The results confirm depth extensions of the known mineralization and suggest significant strike potential exceeding 2km. Reasoning: Deep undercut drilling confirmed depth extensions and high-grade intercepts, supporting the company's target of a >20Mt resource. - Positive factor: confirmed depth extensions of known mineralization - Positive factor: high-grade sulphide zones intercepted - Positive factor: strike extension potential of >2km - Positive factor: consistent mineralized grades Facts used in scoring: 11 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling confirmed depth extensions of known mineralization. Evidence · text > confirmed the depth extensions of the known mineralization **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 use of the triple tube Triplex system for improved core recovery. Evidence · text > using the triple tube Triplex system ## Extracted facts Stored fact records: 11. Some facts used in scoring do not have a stored record. ## Drill Results (11) ### 11 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-0) Miguel Vacas · copper #### Identity - Hole ID: 11 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 0.89 - Grade Unit: % - Intercept: 19.9 m - From: 270.7 m - To: 290.6 m - Intercept Depth: 270.7 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 11:270.7-290.6 - Mining Method: mixed #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: Significant intercept confirming depth extension of the mineralized system. - Positive factor: confirms depth extension Evidence · text > intercepted 19.9 m grading 0.89 % Cu #### 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 ### 11 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-1) Miguel Vacas · copper #### Identity - Hole ID: 11 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 1.35 - Grade Unit: % - Intercept: 5 m - From: 270.7 m - To: 275.7 m - Intercept Depth: 270.7 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 11:270.7-275.7 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: High-grade sub-interval within the main intercept. - Positive factor: high-grade sub-interval Evidence · text > 5.0 m grading 1.35% Cu #### 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 ### 11 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-2) Miguel Vacas · copper #### Identity - Hole ID: 11 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 1.11 - Grade Unit: % - Intercept: 7.7 m - From: 281.7 m - To: 289.4 m - Intercept Depth: 270.7 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 11:281.7-289.4 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: High-grade sub-interval within the main intercept. - Positive factor: high-grade sub-interval Evidence · text > 6.2 m grading 1.11% Cu #### 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 ### 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-3) Miguel Vacas · copper #### Identity - Hole ID: 1 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 2.76 - Grade Unit: % - Intercept: 22.8 m - From: 49.4 m - To: 72.2 m - Intercept Depth: 49.4 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 1:49.4-72.2 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: Strong copper intercept. - Positive factor: strong grade Evidence · text > 22.8m grading 2.76 % Cu #### 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 ### 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-4) Miguel Vacas · copper #### Identity - Hole ID: 1 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 7.49 - Grade Unit: % - Intercept: 9 m - From: 57.8 m - To: 66.8 m - Intercept Depth: 49.4 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 1:57.8-66.8 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: Exceptional high-grade intercept. - Positive factor: bonanza grade Evidence · text > 9.0m grading 7.49% Cu #### 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 ### 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-5) Miguel Vacas · copper #### Identity - Hole ID: 3 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 1.55 - Grade Unit: % - Intercept: 12.3 m - From: 66.6 m - To: 78.9 m - Intercept Depth: 66.6 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 3:66.6-78.9 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: Strong copper intercept. - Positive factor: strong grade Evidence · text > 12.3m grading 1.55% Cu #### 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 ### 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-6) Miguel Vacas · copper #### Identity - Hole ID: 4 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 2.56 - Grade Unit: % - Intercept: 10.5 m - From: 62 m - To: 72.5 m - Intercept Depth: 62 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 4:62-72.5 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: Strong copper intercept. - Positive factor: strong grade Evidence · text > 10.5m grading 2.56 % Cu #### 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 ### 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-7) Miguel Vacas · copper #### Identity - Hole ID: 4 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 4.52 - Grade Unit: % - Intercept: 5 m - From: 62 m - To: 67 m - Intercept Depth: 62 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 4:62-67 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: High-grade sub-interval. - Positive factor: bonanza grade Evidence · text > 5.0m grading 4.52% Cu #### 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 ### 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-8) Miguel Vacas · copper #### Identity - Hole ID: 8 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 1.06 - Grade Unit: % - Intercept: 14.1 m - From: 47 m - To: 61.1 m - Intercept Depth: 47 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 8:47-61.1 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: Strong copper intercept. - Positive factor: strong grade Evidence · text > 14.1 m grading 1.06% Cu #### 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 ### 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-9) Miguel Vacas · copper #### Identity - Hole ID: 8 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 1.81 - Grade Unit: % - Intercept: 6.9 m - From: 52.2 m - To: 59.1 m - Intercept Depth: 47 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 8:52.2-59.1 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: High-grade sub-interval. - Positive factor: strong grade Evidence · text > 6.9m grading 1.81% Cu #### 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 ### 9 [Link to this fact](https://atlas-extractions.minestarters.com/news/ibero-mining-reports-results-from-deep-undercut-drill-hole-at-miguel-vacas-mine--17cecb61-ec93-439d-b963-4d226d7e2dd2#fact-drill-facts-10) Miguel Vacas · copper #### Identity - Hole ID: 9 - Project: Miguel Vacas - Commodity: copper - Region: portugal - Reported Region: portugal - Ticker: IMC #### Geometry - Grade: 1.15 - Grade Unit: % - Intercept: 7.9 m - From: 74.9 m - To: 82.8 m - Intercept Depth: 74.9 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 9:74.9-82.8 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-21T00:00:00.000Z Reasoning: Strong copper intercept. - Positive factor: strong grade Evidence · text > 7.9m grading 1.15% Cu #### 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 ## 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.