# Pan Global Intersects 15 Meters of 3.9 g/t Gold From Surface, C&amp;\#xE1;rmenes Project, Spain

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc

Original source: https://money.tmx.com/en/quote/PGZ/news/6380152657939075/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec

Publisher: tmx

Original announcement: 2026-09-09T11:30:00.000Z

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, Platinum, Palladium

- Document categories: Drill results

- Extracted: 2026-09-12 18:26:12 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Pan Global Resources announced new assay results from its Phase 3 drill campaign at the Providencia target within the Cármenes Project in northern Spain. Drillhole PVD15 returned the strongest gold intersection, with 15 meters grading 3.90 g/t gold, 0.04% copper, 0.11% nickel, and 0.12% cobalt from surface, including higher-grade sub-intervals with platinum and palladium. The results demonstrate the extension of gold and polymetallic mineralization beyond historical workings, with new copper anomalies identified southwest of Providencia.

Reasoning: Pan Global reported strong gold and polymetallic intercepts from surface in drillhole PVD15 at its Cármenes Project, including 15 meters at 3.9 g/t gold, extending known mineralization and indicating potential for a higher-temperature system. The results confirm significant exploration potential.

- Positive factor: high-grade gold from surface

- Positive factor: polymetallic association \(Cu, Ni, Co, Pt, Pd\)

- Positive factor: extension of mineralization beyond historical workings

- Positive factor: new exploration targets identified

- Negative factor: true widths not determined for reported intercepts

Facts used in scoring: 73

## 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: '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.

**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 release details QA/QC procedures including QP sign-off, use of ALS laboratory, insertion of certified reference materials \(standards\), and duplicate samples.

Evidence · text

> Álvaro Merino, Vice President Exploration for Pan Global Resources and a qualified person as defined by National Instrument 43-101, has approved the scientific and technical information for this media release...Samples were placed in sealed bags and delivered to the ALS sample preparation facility...Duplicate samples of ¼ core were taken approximately every 30 samples, and Certified Reference materials inserted every 25 samples in each batch.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The document states that 'Gold and polymetallic mineralization extends beyond historical mine workings and remains open along strike and at depth', indicating successful extension drilling.

Evidence · text

> Gold and polymetallic mineralization extends beyond historical mine workings and remains open along strike and at depth

## Extracted facts

Stored fact records: 73. Some facts used in scoring do not have a stored record.

## Drill Results (73)

### PVD12

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-0)

Cármenes · gold

#### Identity

- Hole ID: PVD12
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.59
- Grade Unit: g/t
- Intercept: 2 m
- From: 11 m
- To: 13 m
- Hole Depth: 195.7 m
- Intercept Depth: 11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD12:11-13
- Mining Method: unknown

#### Location

- Easting: 287620
- Northing: 4761227
- CRS: UTM30N ERTS89
- Azimuth: 275 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 2.0m at 0.59 g/t gold in PVD12 represents a moderate grade, contributing to the overall understanding of mineralization.

- Negative factor: moderate grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.59

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD12

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-1)

Cármenes · gold

#### Identity

- Hole ID: PVD12
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 13 m
- From: 97 m
- To: 110 m
- Hole Depth: 195.7 m
- Intercept Depth: 11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD12:97-110
- Mining Method: unknown

#### Location

- Easting: 287620
- Northing: 4761227
- CRS: UTM30N ERTS89
- Azimuth: 275 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A 13.0m intercept at 0.26 g/t gold in PVD12 is a weak result, indicating low-grade mineralization at depth.

- Negative factor: low grade

- Negative factor: true width not determined

Evidence · table

> 0.26

Context: 13.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD12

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-2)

Cármenes · gold

#### Identity

- Hole ID: PVD12
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.35
- Grade Unit: g/t
- Intercept: 7 m
- From: 101 m
- To: 108 m
- Hole Depth: 195.7 m
- Intercept Depth: 11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD12:101-108
- Mining Method: unknown

#### Location

- Easting: 287620
- Northing: 4761227
- CRS: UTM30N ERTS89
- Azimuth: 275 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A sub-interval of 7.0m at 0.35 g/t gold in PVD12 is a weak result, slightly improving the grade within the broader low-grade zone.

- Negative factor: weak grade

- Negative factor: true width not determined

Evidence · table

> 0.35

Context: 7.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD12

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-3)

Cármenes · gold

#### Identity

- Hole ID: PVD12
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 8 m
- From: 125 m
- To: 133 m
- Hole Depth: 195.7 m
- Intercept Depth: 11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD12:125-133
- Mining Method: unknown

#### Location

- Easting: 287620
- Northing: 4761227
- CRS: UTM30N ERTS89
- Azimuth: 275 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A low-grade gold intercept of 8.0m at 0.12 g/t in PVD12, part of a polymetallic zone, is not significant for gold but indicates broader mineralization.

- Positive factor: polymetallic association

- Negative factor: very low gold grade

- Negative factor: true width not determined

Evidence · table

> 0.12

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD12

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-4)

Cármenes · silver

#### Identity

- Hole ID: PVD12
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.8
- Grade Unit: g/t
- Intercept: 8 m
- From: 125 m
- To: 133 m
- Hole Depth: 195.7 m
- Intercept Depth: 11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD12:125-133
- Mining Method: unknown

#### Location

- Easting: 287620
- Northing: 4761227
- CRS: UTM30N ERTS89
- Azimuth: 275 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 8.0m at 0.8 g/t in PVD12 is not significant for silver but contributes to the polymetallic nature of the zone.

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: true width not determined

Evidence · table

> 0.8

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD12

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-5)

Cármenes · copper

#### Identity

- Hole ID: PVD12
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 8 m
- From: 125 m
- To: 133 m
- Hole Depth: 195.7 m
- Intercept Depth: 11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD12:125-133
- Mining Method: unknown

#### Location

- Easting: 287620
- Northing: 4761227
- CRS: UTM30N ERTS89
- Azimuth: 275 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak copper intercept of 8.0m at 0.15% in PVD12 is not significant for copper but indicates broader polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: weak copper grade

- Negative factor: true width not determined

Evidence · table

> 0.15

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD12

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-6)

Cármenes · nickel

#### Identity

- Hole ID: PVD12
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.04
- Grade Unit: %
- Intercept: 8 m
- From: 125 m
- To: 133 m
- Hole Depth: 195.7 m
- Intercept Depth: 11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD12:125-133
- Mining Method: unknown

#### Location

- Easting: 287620
- Northing: 4761227
- CRS: UTM30N ERTS89
- Azimuth: 275 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 8.0m at 0.04% in PVD12 is not significant for nickel but contributes to the polymetallic nature of the zone.

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: true width not determined

Evidence · table

> 0.04

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD12

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-7)

Cármenes · cobalt

#### Identity

- Hole ID: PVD12
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.03
- Grade Unit: %
- Intercept: 8 m
- From: 125 m
- To: 133 m
- Hole Depth: 195.7 m
- Intercept Depth: 11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD12:125-133
- Mining Method: unknown

#### Location

- Easting: 287620
- Northing: 4761227
- CRS: UTM30N ERTS89
- Azimuth: 275 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade cobalt intercept of 8.0m at 0.03% in PVD12 is not significant for cobalt but contributes to the polymetallic nature of the zone.

- Positive factor: polymetallic association

- Negative factor: very low cobalt grade

- Negative factor: true width not determined

Evidence · table

> 0.03

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-8)

Cármenes · gold

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.14
- Grade Unit: g/t
- Intercept: 19 m
- From: 2 m
- To: 21 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-21
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade gold intercept of 19.0m at 0.14 g/t from near surface in PVD13 is not significant for gold but indicates broader polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low gold grade

- Negative factor: true width not determined

Evidence · table

> 0.14

Context: 19.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-9)

Cármenes · copper

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 19 m
- From: 2 m
- To: 21 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-21
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade copper intercept of 19.0m at 0.02% from near surface in PVD13 is not significant for copper but indicates broader polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low copper grade

- Negative factor: true width not determined

Evidence · table

> 0.02

Context: 19.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-10)

Cármenes · nickel

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 19 m
- From: 2 m
- To: 21 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-21
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 19.0m at 0.02% from near surface in PVD13 is not significant for nickel but indicates broader polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: true width not determined

Evidence · table

> 0.02

Context: 19.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-11)

Cármenes · gold

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 1 m
- From: 2 m
- To: 3 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-3
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade gold intercept of 1.0m at 0.24 g/t from near surface in PVD13 is not significant for gold but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low gold grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.24

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-12)

Cármenes · silver

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 1 m
- From: 2 m
- To: 3 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-3
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 1.0m at 1.8 g/t from near surface in PVD13 is not significant for silver but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 1.8

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-13)

Cármenes · copper

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.21
- Grade Unit: %
- Intercept: 1 m
- From: 2 m
- To: 3 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-3
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak copper intercept of 1.0m at 0.21% from near surface in PVD13 is not significant for copper but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: weak copper grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.21

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-14)

Cármenes · nickel

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.16
- Grade Unit: %
- Intercept: 1 m
- From: 2 m
- To: 3 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-3
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak nickel intercept of 1.0m at 0.16% from near surface in PVD13 is not significant for nickel but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: weak nickel grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.16

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-15)

Cármenes · cobalt

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.07
- Grade Unit: %
- Intercept: 1 m
- From: 2 m
- To: 3 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-3
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak cobalt intercept of 1.0m at 0.07% from near surface in PVD13 is not significant for cobalt but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: weak cobalt grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.07

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-16)

Cármenes · gold

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 3 m
- From: 2 m
- To: 5 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-5
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak gold intercept of 3.0m at 0.33 g/t from near surface in PVD13 is not significant for gold but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: weak gold grade

- Negative factor: true width not determined

Evidence · table

> 0.33

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-17)

Cármenes · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 3 m
- From: 2 m
- To: 5 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-5
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 3.0m at 1.0 g/t from near surface in PVD13 is not significant for silver but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: true width not determined

Evidence · table

> 1.0

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-18)

Cármenes · copper

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.09
- Grade Unit: %
- Intercept: 3 m
- From: 2 m
- To: 5 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-5
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade copper intercept of 3.0m at 0.09% from near surface in PVD13 is not significant for copper but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low copper grade

- Negative factor: true width not determined

Evidence · table

> 0.09

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-19)

Cármenes · nickel

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.07
- Grade Unit: %
- Intercept: 3 m
- From: 2 m
- To: 5 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-5
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 3.0m at 0.07% from near surface in PVD13 is not significant for nickel but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: true width not determined

Evidence · table

> 0.07

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-20)

Cármenes · cobalt

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.03
- Grade Unit: %
- Intercept: 3 m
- From: 2 m
- To: 5 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:2-5
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade cobalt intercept of 3.0m at 0.03% from near surface in PVD13 is not significant for cobalt but indicates polymetallic mineralization.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low cobalt grade

- Negative factor: true width not determined

Evidence · table

> 0.03

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-21)

Cármenes · gold

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.13
- Grade Unit: g/t
- Intercept: 13 m
- From: 49 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade gold intercept of 13.0m at 0.13 g/t in PVD13 is not significant for gold but indicates broader polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low gold grade

- Negative factor: true width not determined

Evidence · table

> 0.13

Context: 13.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-22)

Cármenes · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 13 m
- From: 49 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 13.0m at 1.0 g/t in PVD13 is not significant for silver but contributes to the polymetallic nature of the zone.

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: true width not determined

Evidence · table

> 1.0

Context: 13.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-23)

Cármenes · copper

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.42
- Grade Unit: %
- Intercept: 13 m
- From: 49 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak copper intercept of 13.0m at 0.42% in PVD13 is not significant for copper but indicates broader polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: weak copper grade

- Negative factor: true width not determined

Evidence · table

> 0.42

Context: 13.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-24)

Cármenes · nickel

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 13 m
- From: 49 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 13.0m at 0.02% in PVD13 is not significant for nickel but contributes to the polymetallic nature of the zone.

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: true width not determined

Evidence · table

> 0.02

Context: 13.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-25)

Cármenes · cobalt

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 13 m
- From: 49 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade cobalt intercept of 13.0m at 0.02% in PVD13 is not significant for cobalt but contributes to the polymetallic nature of the zone.

- Positive factor: polymetallic association

- Negative factor: very low cobalt grade

- Negative factor: true width not determined

Evidence · table

> 0.02

Context: 13.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-26)

Cármenes · gold

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.46
- Grade Unit: g/t
- Intercept: 1 m
- From: 49 m
- To: 50 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-50
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak gold intercept of 1.0m at 0.46 g/t in PVD13 is not significant for gold but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: weak gold grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.46

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-27)

Cármenes · silver

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.2
- Grade Unit: g/t
- Intercept: 1 m
- From: 49 m
- To: 50 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-50
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 1.0m at 1.2 g/t in PVD13 is not significant for silver but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 1.2

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-28)

Cármenes · copper

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.02
- Grade Unit: %
- Intercept: 1 m
- From: 49 m
- To: 50 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-50
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 1.02% copper in PVD13 is a moderate grade, contributing to the polymetallic nature of the zone.

- Positive factor: moderate copper grade

- Positive factor: polymetallic association

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 1.02

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-29)

Cármenes · nickel

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 1 m
- From: 49 m
- To: 50 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-50
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak nickel intercept of 1.0m at 0.13% in PVD13 is not significant for nickel but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: weak nickel grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.13

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-30)

Cármenes · cobalt

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 1 m
- From: 49 m
- To: 50 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:49-50
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak cobalt intercept of 1.0m at 0.12% in PVD13 is not significant for cobalt but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: weak cobalt grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.12

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-31)

Cármenes · gold

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.28
- Grade Unit: g/t
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:55-57
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade gold intercept of 2.0m at 0.28 g/t in PVD13 is not significant for gold but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low gold grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.28

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-32)

Cármenes · silver

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:55-57
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 2.0m at 1.7 g/t in PVD13 is not significant for silver but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 1.7

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-33)

Cármenes · copper

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.01
- Grade Unit: %
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:55-57
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 2.0m at 1.01% copper in PVD13 is a moderate grade, contributing to the polymetallic nature of the zone.

- Positive factor: moderate copper grade

- Positive factor: polymetallic association

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 1.01

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-34)

Cármenes · nickel

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:55-57
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 2.0m at 0.02% in PVD13 is not significant for nickel but contributes to the polymetallic nature of the zone.

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.02

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-35)

Cármenes · cobalt

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.04
- Grade Unit: %
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:55-57
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak cobalt intercept of 2.0m at 0.04% in PVD13 is not significant for cobalt but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: weak cobalt grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.04

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-36)

Cármenes · gold

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.21
- Grade Unit: g/t
- Intercept: 1 m
- From: 61 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:61-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade gold intercept of 1.0m at 0.21 g/t in PVD13 is not significant for gold but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low gold grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.21

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-37)

Cármenes · silver

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 6.5
- Grade Unit: g/t
- Intercept: 1 m
- From: 61 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:61-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 1.0m at 6.5 g/t in PVD13 is not significant for silver but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 6.5

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-38)

Cármenes · copper

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 2.07
- Grade Unit: %
- Intercept: 1 m
- From: 61 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:61-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 2.07% copper in PVD13 is a strong grade, contributing to the polymetallic nature of the zone.

- Positive factor: strong copper grade

- Positive factor: polymetallic association

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 2.07

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-39)

Cármenes · nickel

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.04
- Grade Unit: %
- Intercept: 1 m
- From: 61 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:61-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 1.0m at 0.04% in PVD13 is not significant for nickel but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.04

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD13

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-40)

Cármenes · cobalt

#### Identity

- Hole ID: PVD13
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.03
- Grade Unit: %
- Intercept: 1 m
- From: 61 m
- To: 62 m
- Hole Depth: 132.6 m
- Intercept Depth: 2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD13:61-62
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 345 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade cobalt intercept of 1.0m at 0.03% in PVD13 is not significant for cobalt but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low cobalt grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.03

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-41)

Cármenes · gold

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.35
- Grade Unit: g/t
- Intercept: 39 m
- From: 7 m
- To: 46 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:7-46
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A wide intercept of 39.0m at 0.35 g/t gold from near surface in PVD14 is a weak grade but indicates broad mineralization.

- Positive factor: good intercept width

- Positive factor: near-surface intercept

- Negative factor: weak gold grade

- Negative factor: true width not determined

Evidence · table

> 0.35

Context: 39.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-42)

Cármenes · gold

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.45
- Grade Unit: g/t
- Intercept: 10 m
- From: 10 m
- To: 20 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:10-20
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A sub-interval of 10.0m at 0.45 g/t gold in PVD14 is a weak grade but contributes to the broad near-surface mineralization.

- Positive factor: good intercept width

- Positive factor: near-surface intercept

- Negative factor: weak gold grade

- Negative factor: true width not determined

Evidence · table

> 0.45

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-43)

Cármenes · gold

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.47
- Grade Unit: g/t
- Intercept: 3 m
- From: 25 m
- To: 28 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:25-28
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A sub-interval of 3.0m at 0.47 g/t gold in PVD14 is a weak grade, contributing to the broad near-surface mineralization.

- Positive factor: near-surface intercept

- Negative factor: weak gold grade

- Negative factor: true width not determined

Evidence · table

> 0.47

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-44)

Cármenes · gold

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 10 m
- From: 35 m
- To: 45 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:35-45
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A sub-interval of 10.0m at 0.42 g/t gold in PVD14 is a weak grade, contributing to the broad near-surface mineralization.

- Positive factor: good intercept width

- Positive factor: near-surface intercept

- Negative factor: weak gold grade

- Negative factor: true width not determined

Evidence · table

> 0.42

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-45)

Cármenes · gold

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.05
- Grade Unit: g/t
- Intercept: 3 m
- From: 53 m
- To: 56 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:53-56
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A 3.0m intercept at 1.05 g/t gold in PVD14 is a moderate grade, indicating a higher-grade zone within the broader mineralization.

- Positive factor: moderate gold grade

- Negative factor: true width not determined

Evidence · table

> 1.05

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-46)

Cármenes · gold

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 7.1 m
- From: 59.9 m
- To: 67 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:59.9-67
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak gold intercept of 7.1m at 0.30 g/t in PVD14, part of a polymetallic zone, indicates broader mineralization.

- Positive factor: polymetallic association

- Negative factor: weak gold grade

- Negative factor: true width not determined

Evidence · table

> 0.30

Context: 7.1

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-47)

Cármenes · copper

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.27
- Grade Unit: %
- Intercept: 7.1 m
- From: 59.9 m
- To: 67 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:59.9-67
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak copper intercept of 7.1m at 0.27% in PVD14, part of a polymetallic zone, indicates broader mineralization.

- Positive factor: polymetallic association

- Negative factor: weak copper grade

- Negative factor: true width not determined

Evidence · table

> 0.27

Context: 7.1

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-48)

Cármenes · nickel

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 7.1 m
- From: 59.9 m
- To: 67 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:59.9-67
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 7.1m at 0.10% in PVD14, part of a polymetallic zone, indicates broader mineralization.

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: true width not determined

Evidence · table

> 0.10

Context: 7.1

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-49)

Cármenes · cobalt

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.07
- Grade Unit: %
- Intercept: 7.1 m
- From: 59.9 m
- To: 67 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:59.9-67
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak cobalt intercept of 7.1m at 0.07% in PVD14, part of a polymetallic zone, indicates broader mineralization.

- Positive factor: polymetallic association

- Negative factor: weak cobalt grade

- Negative factor: true width not determined

Evidence · table

> 0.07

Context: 7.1

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-50)

Cármenes · gold

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 65 m
- To: 66 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:65-66
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade gold intercept of 1.0m at 0.10 g/t in PVD14 is not significant for gold but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: very low gold grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.10

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-51)

Cármenes · copper

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.13
- Grade Unit: %
- Intercept: 1 m
- From: 65 m
- To: 66 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:65-66
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 1.13% copper in PVD14 is a moderate grade, contributing to the polymetallic nature of the zone.

- Positive factor: moderate copper grade

- Positive factor: polymetallic association

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 1.13

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-52)

Cármenes · nickel

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.35
- Grade Unit: %
- Intercept: 1 m
- From: 65 m
- To: 66 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:65-66
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak nickel intercept of 1.0m at 0.35% in PVD14 is not significant for nickel but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: weak nickel grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.35

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD14

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-53)

Cármenes · cobalt

#### Identity

- Hole ID: PVD14
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.25
- Grade Unit: %
- Intercept: 1 m
- From: 65 m
- To: 66 m
- Hole Depth: 167.9 m
- Intercept Depth: 7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD14:65-66
- Mining Method: unknown

#### Location

- Easting: 287510
- Northing: 4761181
- CRS: UTM30N ERTS89
- Azimuth: 12 °
- Dip: -27 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak cobalt intercept of 1.0m at 0.25% in PVD14 is not significant for cobalt but indicates polymetallic mineralization.

- Positive factor: polymetallic association

- Negative factor: weak cobalt grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.25

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-54)

Cármenes · gold

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 3.9
- Grade Unit: g/t
- Intercept: 15 m
- From: 0 m
- To: 15 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-15
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Intercept of 15.0m at 3.90 g/t gold from surface is a strong result, indicating significant near-surface mineralization.

- Positive factor: strong gold grade

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Positive factor: good intercept width

- Negative factor: true width not determined

Evidence · table

> 3.90

Context: 15.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-55)

Cármenes · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 15 m
- From: 0 m
- To: 15 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-15
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 15.0m at 1.0 g/t from surface in PVD15 is not significant for silver but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: true width not determined

Evidence · table

> 1.0

Context: 15.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-56)

Cármenes · copper

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.04
- Grade Unit: %
- Intercept: 15 m
- From: 0 m
- To: 15 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-15
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade copper intercept of 15.0m at 0.04% from surface in PVD15 is not significant for copper but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low copper grade

- Negative factor: true width not determined

Evidence · table

> 0.04

Context: 15.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-57)

Cármenes · nickel

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.11
- Grade Unit: %
- Intercept: 15 m
- From: 0 m
- To: 15 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-15
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 15.0m at 0.11% from surface in PVD15 is not significant for nickel but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: true width not determined

Evidence · table

> 0.11

Context: 15.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-58)

Cármenes · cobalt

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 15 m
- From: 0 m
- To: 15 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-15
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak cobalt intercept of 15.0m at 0.12% from surface in PVD15 is not significant for cobalt but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: weak cobalt grade

- Negative factor: true width not determined

Evidence · table

> 0.12

Context: 15.0

#### 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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-59)

Cármenes · gold

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 6.79
- Grade Unit: g/t
- Intercept: 8 m
- From: 0 m
- To: 8 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-8
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Exceptional gold grade of 6.79 g/t over 8.0m from surface in PVD15, including PGEs, highlights a high-grade core within the broader mineralization.

- Positive factor: exceptional gold grade

- Positive factor: near-surface intercept

- Positive factor: polymetallic association with PGEs

- Positive factor: good intercept width

- Negative factor: true width not determined

Evidence · table

> 6.79

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-60)

Cármenes · silver

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 8 m
- From: 0 m
- To: 8 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-8
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 8.0m at 1.4 g/t from surface in PVD15 is not significant for silver but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: true width not determined

Evidence · table

> 1.4

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-61)

Cármenes · copper

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.03
- Grade Unit: %
- Intercept: 8 m
- From: 0 m
- To: 8 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-8
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade copper intercept of 8.0m at 0.03% from surface in PVD15 is not significant for copper but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low copper grade

- Negative factor: true width not determined

Evidence · table

> 0.03

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-62)

Cármenes · nickel

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 8 m
- From: 0 m
- To: 8 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-8
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 8.0m at 0.12% from surface in PVD15 is not significant for nickel but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: true width not determined

Evidence · table

> 0.12

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-63)

Cármenes · cobalt

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.11
- Grade Unit: %
- Intercept: 8 m
- From: 0 m
- To: 8 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-8
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak cobalt intercept of 8.0m at 0.11% from surface in PVD15 is not significant for cobalt but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: weak cobalt grade

- Negative factor: true width not determined

Evidence · table

> 0.11

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-64)

Cármenes · platinum

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: platinum
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 8 m
- From: 0 m
- To: 8 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-8
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak platinum intercept of 8.0m at 0.50 g/t from surface in PVD15 contributes to the polymetallic nature of the zone, including PGEs.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association with PGEs

- Negative factor: weak platinum grade

- Negative factor: true width not determined

Evidence · table

> 0.50

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-65)

Cármenes · palladium

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: palladium
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.28
- Grade Unit: g/t
- Intercept: 8 m
- From: 0 m
- To: 8 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:0-8
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak palladium intercept of 8.0m at 0.28 g/t from surface in PVD15 contributes to the polymetallic nature of the zone, including PGEs.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association with PGEs

- Negative factor: weak palladium grade

- Negative factor: true width not determined

Evidence · table

> 0.28

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-66)

Cármenes · gold

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 18.55
- Grade Unit: g/t
- Intercept: 1 m
- From: 3 m
- To: 4 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:3-4
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: Exceptional bonanza grade of 18.55 g/t gold over 1.0m, indicating very high-grade zones within the broader intercept.

- Positive factor: bonanza grade gold

- Positive factor: near-surface intercept

- Positive factor: polymetallic association with PGEs

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 18.55

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Gold grade of 18.55 g/t over 1.0m is exceptionally high, well above the typical exceptional threshold for gold.

Evidence · table

> 18.55

Context: 1.0

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-67)

Cármenes · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 1 m
- From: 3 m
- To: 4 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:3-4
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade silver intercept of 1.0m at 1.0 g/t from surface in PVD15 is not significant for silver but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low silver grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 1.0

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-68)

Cármenes · copper

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 1 m
- From: 3 m
- To: 4 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:3-4
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade copper intercept of 1.0m at 0.02% from surface in PVD15 is not significant for copper but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low copper grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.02

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-69)

Cármenes · nickel

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 1 m
- From: 3 m
- To: 4 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:3-4
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A very low-grade nickel intercept of 1.0m at 0.06% from surface in PVD15 is not significant for nickel but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: very low nickel grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.06

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-70)

Cármenes · cobalt

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.09
- Grade Unit: %
- Intercept: 1 m
- From: 3 m
- To: 4 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:3-4
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A weak cobalt intercept of 1.0m at 0.09% from surface in PVD15 is not significant for cobalt but contributes to the polymetallic nature of the zone.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association

- Negative factor: weak cobalt grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.09

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-71)

Cármenes · platinum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: platinum
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 1.39
- Grade Unit: g/t
- Intercept: 1 m
- From: 3 m
- To: 4 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:3-4
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 1.39 g/t platinum from surface in PVD15 is a moderate grade, contributing to the polymetallic nature of the zone, including PGEs.

- Positive factor: moderate platinum grade

- Positive factor: near-surface intercept

- Positive factor: polymetallic association with PGEs

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 1.39

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

### PVD15

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--9ae1f10e-5604-4b59-95ae-9fce2b0138bc#fact-drill-facts-72)

Cármenes · palladium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVD15
- Project: Cármenes
- Commodity: palladium
- Region: spain
- Reported Region: spain
- Ticker: PGZ

#### Geometry

- Grade: 0.74
- Grade Unit: g/t
- Intercept: 1 m
- From: 3 m
- To: 4 m
- Hole Depth: 166.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD15:3-4
- Mining Method: unknown

#### Location

- Easting: 287587
- Northing: 4761206
- CRS: UTM30N ERTS89
- Azimuth: 311 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 0.74 g/t palladium from surface in PVD15 is a weak grade, contributing to the polymetallic nature of the zone, including PGEs.

- Positive factor: near-surface intercept

- Positive factor: polymetallic association with PGEs

- Negative factor: weak palladium grade

- Negative factor: narrow intercept width

- Negative factor: true width not determined

Evidence · table

> 0.74

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: "Results include: 0.35 g/t Au over 39.0 m from 7.0 m , including 0.45 g/t Au over 10.0 m ; 1.05 g/t Au over 3.0 m from 53"

## 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.
