# PAN GLOBAL INTERCEPTS NEAR-SURFACE HIGH-GRADE GOLD AT THE C&amp;\#xC1;RMENES PROJECT, SPAIN

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca

Original source: https://money.tmx.com/en/quote/PGZ/news/8396134139603589/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s

Publisher: tmx

Original announcement: 2026-02-03T12:26:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Pan Global Resources Inc.

- Ticker: PGZ

- Exchange: TSX

- Region: Spain

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Nickel, Cobalt

- Document categories: Drill results

- Extracted: 2026-09-12 18:57:09 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Pan Global Resources announced further drill results from its Phase 2 program at the Cármenes Project in Spain, confirming near-surface gold and polymetallic \(Au-Cu-Ni-Co\) mineralization. Highlights include 3.5 g/t Au over 8 meters and 1.2 g/t Au over 10 meters in drillhole PVD10. The company noted the identification of free native gold, suggesting favorable metallurgy, and that mineralization remains open along strike and at depth, with a Phase 3 drill program planned for Q1 2026.

Reasoning: The drill results confirm near-surface, high-grade gold and polymetallic mineralization with significant expansion potential and positive metallurgical indicators. While grades are moderate compared to global peers and true widths are not yet known, the overall geological context and robust QA/QC support a positive outlook for the project's continued exploration.

- Positive factor: Near-surface high-grade gold mineralization confirmed

- Positive factor: Polymetallic mineralization \(Au–Cu–Ni–Co\) extends beyond historical workings

- Positive factor: Mineralization remains open along strike and at depth, providing compelling targets

- Positive factor: Identification of free native gold suggests potential for favourable metallurgy

- Positive factor: QA/QC procedures are disclosed, including certified lab and QP sign-off

- Negative factor: True widths of intercepts are not yet determined, potentially overstating apparent lengths

- Negative factor: Some intervals reported 'no drill core recovery', indicating incomplete data

- Negative factor: Cut-off grades for compositing are not disclosed, limiting transparency

- Negative factor: Highest gold grades are moderate compared to global peer averages for similar deposit types

Facts used in scoring: 44

## Classification and evidence

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'All reported drill intervals are down-hole lengths; insufficient drilling has been completed to determine true widths.'

Evidence · text

> All reported drill intervals are down-hole lengths; insufficient drilling has been completed to determine true widths.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The release states that 'drilling has demonstrated that copper–nickel–cobalt-gold mineralization extends beyond the historical mine workings and that multiple gold zones occur at shallow depths. The mineralization remains open along strike and at depth'.

Evidence · text

> drilling has demonstrated that copper–nickel–cobalt-gold mineralization extends beyond the historical mine workings and that multiple gold zones occur at shallow depths. The mineralization remains open along strike and at depth

**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: The document details QA/QC procedures including the use of ALS laboratory, duplicate samples, and Certified Reference Materials, and mentions QP sign-off.

Evidence · text

> QA/QC Core size was HQ \(63mm\) and all samples were ½ core. Nominal sample size was 1m core length and ranged from 0.5 to 2m . Sample intervals were defined using geological contacts with the start and end of each sample physically marked on the core. Diamond blade core cutting and sampling was supervised at all times by Company staff. Duplicate samples of ¼ core were taken approximately every 30 samples and Certified Reference materials inserted every 25 samples in each batch. Samples were delivered to ALS laboratory in Seville, Spain and assayed at the ALS laboratory in Ireland . All samples were crushed and split \(method CRU-31, SPL22Y\) and pulverized using \(method PUL-31\). Gold, platinum and palladium analysis was by 50gm fire assay with ICP finish \(method Au-ICP-24\) and multi element analysis was undertaken using a 4-acid digest with ICP AES finish \(method ME-ICP-61\). Over grade base metal results were assayed using a 4-acid digest ICP AES \(method OG-62\).

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: The document does not state the cut-off grade used for compositing the reported drill intervals.

Evidence · text

> All reported drill intervals are down-hole lengths; insufficient drilling has been completed to determine true widths.

## Extracted facts

Stored fact records: 44. Some facts used in scoring do not have a stored record.

## Drill Results (44)

### PVD07

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-0)

Cármenes · gold

#### Identity

- Hole ID: PVD07
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.37
- Grade Unit: g/t
- Intercept: 1 m
- From: 115 m
- To: 116 m
- Hole Depth: 185.9 m
- Intercept Depth: 115 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD07:115-116
- Mining Method: open\_pit

#### Location

- Easting: 287543
- Northing: 4761318
- CRS: UTM30N ERTS89
- Azimuth: 150 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A moderate gold intercept confirming mineralization, but with limited length and no true width information.

- Positive factor: Confirms gold mineralization at this depth

- Positive factor: QA/QC disclosed

- Negative factor: Moderate grade for gold

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 1.37

Context: 1.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD07

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-1)

Cármenes · copper

#### Identity

- Hole ID: PVD07
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 166
- Grade Unit: ppm
- Intercept: 1 m
- From: 115 m
- To: 116 m
- Hole Depth: 185.9 m
- Intercept Depth: 115 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD07:115-116
- Mining Method: open\_pit

#### Location

- Easting: 287543
- Northing: 4761318
- CRS: UTM30N ERTS89
- Azimuth: 150 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low copper grade, indicating polymetallic presence but not economic significance for copper in this interval.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low copper grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 166

Context: 1.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD07

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-2)

Cármenes · nickel

#### Identity

- Hole ID: PVD07
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 324
- Grade Unit: ppm
- Intercept: 1 m
- From: 115 m
- To: 116 m
- Hole Depth: 185.9 m
- Intercept Depth: 115 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD07:115-116
- Mining Method: open\_pit

#### Location

- Easting: 287543
- Northing: 4761318
- CRS: UTM30N ERTS89
- Azimuth: 150 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low nickel grade, indicating polymetallic presence but not economic significance for nickel in this interval.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 324

Context: 1.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD07

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-3)

Cármenes · cobalt

#### Identity

- Hole ID: PVD07
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 426
- Grade Unit: ppm
- Intercept: 1 m
- From: 115 m
- To: 116 m
- Hole Depth: 185.9 m
- Intercept Depth: 115 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD07:115-116
- Mining Method: open\_pit

#### Location

- Easting: 287543
- Northing: 4761318
- CRS: UTM30N ERTS89
- Azimuth: 150 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low cobalt grade, indicating polymetallic presence but not economic significance for cobalt in this interval.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 426

Context: 1.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD07

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-4)

Cármenes · gold

#### Identity

- Hole ID: PVD07
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.23
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 119.2 m
- To: 120 m
- Hole Depth: 185.9 m
- Intercept Depth: 115 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD07:119.2-120
- Mining Method: open\_pit

#### Location

- Easting: 287543
- Northing: 4761318
- CRS: UTM30N ERTS89
- Azimuth: 150 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low gold grade over a narrow interval, indicating presence but not economic significance.

- Positive factor: Confirms gold mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low gold grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 0.23

Context: 0.8

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD07

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-5)

Cármenes · copper

#### Identity

- Hole ID: PVD07
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 899
- Grade Unit: ppm
- Intercept: 0.8 m
- From: 119.2 m
- To: 120 m
- Hole Depth: 185.9 m
- Intercept Depth: 115 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD07:119.2-120
- Mining Method: open\_pit

#### Location

- Easting: 287543
- Northing: 4761318
- CRS: UTM30N ERTS89
- Azimuth: 150 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low copper grade, indicating polymetallic presence but not economic significance for copper in this interval.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low copper grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 899

Context: 0.8

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD07

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-6)

Cármenes · nickel

#### Identity

- Hole ID: PVD07
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 452
- Grade Unit: ppm
- Intercept: 0.8 m
- From: 119.2 m
- To: 120 m
- Hole Depth: 185.9 m
- Intercept Depth: 115 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD07:119.2-120
- Mining Method: open\_pit

#### Location

- Easting: 287543
- Northing: 4761318
- CRS: UTM30N ERTS89
- Azimuth: 150 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low nickel grade, indicating polymetallic presence but not economic significance for nickel in this interval.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 452

Context: 0.8

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD07

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-7)

Cármenes · cobalt

#### Identity

- Hole ID: PVD07
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 146
- Grade Unit: ppm
- Intercept: 0.8 m
- From: 119.2 m
- To: 120 m
- Hole Depth: 185.9 m
- Intercept Depth: 115 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD07:119.2-120
- Mining Method: open\_pit

#### Location

- Easting: 287543
- Northing: 4761318
- CRS: UTM30N ERTS89
- Azimuth: 150 °
- Dip: -26 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low cobalt grade, indicating polymetallic presence but not economic significance for cobalt in this interval.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 146

Context: 0.8

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-8)

Cármenes · gold

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 9.4 m
- From: 97 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low gold grade over a moderate width, indicating presence but not economic significance for gold.

- Positive factor: Confirms gold mineralization over a moderate width

- Positive factor: QA/QC disclosed

- Negative factor: Very low gold grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 0.12

Context: 9.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-9)

Cármenes · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.9
- Grade Unit: g/t
- Intercept: 9.4 m
- From: 97 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low silver grade over a moderate width, indicating polymetallic presence but not economic significance for silver.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low silver grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 0.9

Context: 9.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-10)

Cármenes · copper

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 2503
- Grade Unit: ppm
- Intercept: 9.4 m
- From: 97 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A low copper grade over a moderate width, indicating polymetallic presence but not high economic significance for copper.

- Positive factor: Confirms polymetallic mineralization over a moderate width

- Positive factor: QA/QC disclosed

- Negative factor: Low copper grade \(0.25%\)

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 2503

Context: 9.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-11)

Cármenes · nickel

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 345
- Grade Unit: ppm
- Intercept: 9.4 m
- From: 97 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low nickel grade over a moderate width, indicating polymetallic presence but not economic significance for nickel.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 345

Context: 9.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-12)

Cármenes · cobalt

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 300
- Grade Unit: ppm
- Intercept: 9.4 m
- From: 97 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low cobalt grade over a moderate width, indicating polymetallic presence but not economic significance for cobalt.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 300

Context: 9.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-13)

Cármenes · gold

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 3 m
- From: 97 m
- To: 100 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-100
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low gold grade over a narrow interval, indicating presence but not economic significance.

- Positive factor: Confirms gold mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low gold grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 0.20

Context: 3.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-14)

Cármenes · silver

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.8
- Grade Unit: g/t
- Intercept: 3 m
- From: 97 m
- To: 100 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-100
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low silver grade over a narrow interval, indicating polymetallic presence but not economic significance for silver.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low silver grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 0.8

Context: 3.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-15)

Cármenes · copper

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 3710
- Grade Unit: ppm
- Intercept: 3 m
- From: 97 m
- To: 100 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-100
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A low copper grade over a narrow interval, indicating polymetallic presence but not high economic significance for copper.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Low copper grade \(0.37%\)

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 3710

Context: 3.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-16)

Cármenes · nickel

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 769
- Grade Unit: ppm
- Intercept: 3 m
- From: 97 m
- To: 100 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-100
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low nickel grade over a narrow interval, indicating polymetallic presence but not economic significance for nickel.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 769

Context: 3.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-17)

Cármenes · cobalt

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 733
- Grade Unit: ppm
- Intercept: 3 m
- From: 97 m
- To: 100 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:97-100
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low cobalt grade over a narrow interval, indicating polymetallic presence but not economic significance for cobalt.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 733

Context: 3.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-18)

Cármenes · gold

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 2.4 m
- From: 104 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:104-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low gold grade over a narrow interval, indicating presence but not economic significance.

- Positive factor: Confirms gold mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low gold grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 0.25

Context: 2.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-19)

Cármenes · silver

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 2.7
- Grade Unit: g/t
- Intercept: 2.4 m
- From: 104 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:104-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low silver grade over a narrow interval, indicating polymetallic presence but not economic significance for silver.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low silver grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 2.7

Context: 2.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-20)

Cármenes · copper

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 6628
- Grade Unit: ppm
- Intercept: 2.4 m
- From: 104 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:104-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A moderate copper grade over a narrow interval, indicating significant polymetallic presence.

- Positive factor: Moderate copper grade \(0.66%\)

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Narrow interval

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 6628

Context: 2.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-21)

Cármenes · nickel

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 380
- Grade Unit: ppm
- Intercept: 2.4 m
- From: 104 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:104-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low nickel grade over a narrow interval, indicating polymetallic presence but not economic significance for nickel.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 380

Context: 2.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-22)

Cármenes · cobalt

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 251
- Grade Unit: ppm
- Intercept: 2.4 m
- From: 104 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:104-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low cobalt grade over a narrow interval, indicating polymetallic presence but not economic significance for cobalt.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 251

Context: 2.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-23)

Cármenes · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.38
- Grade Unit: g/t
- Intercept: 1.4 m
- From: 105 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:105-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low gold grade over a narrow interval, indicating presence but not economic significance.

- Positive factor: Confirms gold mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low gold grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 0.38

Context: 1.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-24)

Cármenes · silver

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 4.5
- Grade Unit: g/t
- Intercept: 1.4 m
- From: 105 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:105-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low silver grade over a narrow interval, indicating polymetallic presence but not economic significance for silver.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low silver grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 4.5

Context: 1.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-25)

Cármenes · copper

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 9390
- Grade Unit: ppm
- Intercept: 1.4 m
- From: 105 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:105-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A strong copper grade over a narrow interval, indicating significant polymetallic presence and potential.

- Positive factor: Strong copper grade \(0.94%\)

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Narrow interval

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 9390

Context: 1.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-26)

Cármenes · nickel

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 557
- Grade Unit: ppm
- Intercept: 1.4 m
- From: 105 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:105-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low nickel grade over a narrow interval, indicating polymetallic presence but not economic significance for nickel.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 557

Context: 1.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD09

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-27)

Cármenes · cobalt

#### Identity

- Hole ID: PVD09
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 373
- Grade Unit: ppm
- Intercept: 1.4 m
- From: 105 m
- To: 106.4 m
- Hole Depth: 106.4 m
- Intercept Depth: 97 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD09:105-106.4
- Mining Method: open\_pit

#### Location

- Easting: 287529
- Northing: 4761319
- CRS: UTM30N ERTS89
- Azimuth: 198 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low cobalt grade over a narrow interval, indicating polymetallic presence but not economic significance for cobalt.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 373

Context: 1.4

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-28)

Cármenes · gold

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.18
- Grade Unit: g/t
- Intercept: 10 m
- From: 16 m
- To: 26 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:16-26
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A moderate gold intercept over a significant width at shallow depth, indicating good potential for open-pit mining.

- Positive factor: Moderate gold grade over a strong width

- Positive factor: Near-surface mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 1.18

Context: 10.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-29)

Cármenes · copper

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 136
- Grade Unit: ppm
- Intercept: 10 m
- From: 16 m
- To: 26 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:16-26
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low copper grade over a significant width, indicating polymetallic presence but not economic significance for copper.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low copper grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 136

Context: 10.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-30)

Cármenes · nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 94
- Grade Unit: ppm
- Intercept: 10 m
- From: 16 m
- To: 26 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:16-26
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low nickel grade over a significant width, indicating polymetallic presence but not economic significance for nickel.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 94

Context: 10.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-31)

Cármenes · cobalt

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 24
- Grade Unit: ppm
- Intercept: 10 m
- From: 16 m
- To: 26 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:16-26
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A very low cobalt grade over a significant width, indicating polymetallic presence but not economic significance for cobalt.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Very low cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 24

Context: 10.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-32)

Cármenes · gold

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.56
- Grade Unit: g/t
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:55-57
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A low gold grade over a narrow interval, indicating presence but not high economic significance.

- Positive factor: Confirms gold mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Low gold grade

- Negative factor: Narrow interval

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 0.56

Context: 2.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-33)

Cármenes · copper

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 10
- Grade Unit: ppm
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:55-57
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace copper grade over a narrow interval, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace copper grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 10

Context: 2.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-34)

Cármenes · nickel

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 10
- Grade Unit: ppm
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:55-57
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace nickel grade over a narrow interval, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 10

Context: 2.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-35)

Cármenes · cobalt

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 3
- Grade Unit: ppm
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:55-57
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace cobalt grade over a narrow interval, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 3

Context: 2.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-36)

Cármenes · gold

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 8 m
- From: 77 m
- To: 85 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:77-85
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: An exceptional gold intercept over a moderate width, indicating significant high-grade potential for open-pit mining.

- Positive factor: Exceptional gold grade for open pit over a moderate width

- Positive factor: Confirms high-grade gold mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 3.50

Context: 8.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-37)

Cármenes · copper

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 22
- Grade Unit: ppm
- Intercept: 8 m
- From: 77 m
- To: 85 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:77-85
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace copper grade over a moderate width, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace copper grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 22

Context: 8.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-38)

Cármenes · nickel

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 29
- Grade Unit: ppm
- Intercept: 8 m
- From: 77 m
- To: 85 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:77-85
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace nickel grade over a moderate width, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 29

Context: 8.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-39)

Cármenes · cobalt

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 16
- Grade Unit: ppm
- Intercept: 8 m
- From: 77 m
- To: 85 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:77-85
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace cobalt grade over a moderate width, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 16

Context: 8.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-40)

Cármenes · gold

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 5.79
- Grade Unit: g/t
- Intercept: 4 m
- From: 78 m
- To: 82 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:78-82
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: An exceptional gold intercept over a moderate width, representing a high-grade zone within the broader interval and indicating strong potential.

- Positive factor: Exceptional gold grade for open pit over a moderate width

- Positive factor: Confirms high-grade gold mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 5.79

Context: 4.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-41)

Cármenes · copper

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 23
- Grade Unit: ppm
- Intercept: 4 m
- From: 78 m
- To: 82 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:78-82
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace copper grade over a moderate width, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace copper grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 23

Context: 4.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-42)

Cármenes · nickel

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 24
- Grade Unit: ppm
- Intercept: 4 m
- From: 78 m
- To: 82 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:78-82
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace nickel grade over a moderate width, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace nickel grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 24

Context: 4.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

### PVD10

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intercepts-near-surface-high-grade-gold-at-the-c-xc1-rmenes-project-s--490eb260-d91f-42b7-bd2b-b84397f204ca#fact-drill-facts-43)

Cármenes · cobalt

#### Identity

- Hole ID: PVD10
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 10
- Grade Unit: ppm
- Intercept: 4 m
- From: 78 m
- To: 82 m
- Hole Depth: 125.7 m
- Intercept Depth: 16 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: PVD10:78-82
- Mining Method: open\_pit

#### Location

- Easting: 287586
- Northing: 4761204
- CRS: UTM30N ERTS89
- Azimuth: 270 °
- Dip: -24 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

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

#### Dates

- Event date: 2026-02-03T00:00:00.000Z

Reasoning: A trace cobalt grade over a moderate width, indicating polymetallic presence but no economic significance.

- Positive factor: Confirms polymetallic mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Trace cobalt grade

- Negative factor: Apparent width only, true width unknown

- Negative factor: Cut-off grade undisclosed

Evidence · table

> 10

Context: 4.0

#### Tags used in scoring

**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: qaqc\_disclosed is 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: "Drill Highlights: Providencia Target Assays received for completed drillholes PVD07 to PVD10 Drillhole PVD10 Intersected"

## 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.
