# Pan Global Intersects 15 Meters of 3.9 g/t Gold From Surface, Cármenes Project, Spain Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8 Original source: https://www.globenewswire.com/news-release/2026/09/09/3358520/0/en/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c%c3%a1rmenes-project-spain.html Publisher: globenewswire Original announcement: 2026-09-09T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Pan Global Resources Inc. - Ticker: PGZ - Exchange: Unavailable - Region: northern Spain - Primary commodity: Gold - Secondary commodities: Copper, Nickel, Cobalt, Platinum, Palladium, Silver - Document categories: Drill results - Extracted: 2026-09-12 00:48:11 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Pan Global Resources announced new assay results from its Phase 3 drill campaign at the Cármenes Project in northern Spain, highlighted by drillhole PVD15 intersecting 15 meters grading 3.9 g/t gold, 0.04% copper, 0.11% nickel, and 0.12% cobalt from surface, including a high-grade sub-interval of 1 meter at 18.55 g/t gold, 1.39 g/t platinum, and 0.74 g/t palladium. The results confirm gold and polymetallic mineralization extends beyond historical mine workings and remains open at depth and along strike. The company also identified a new target area southwest of Providencia with similar alteration and elevated copper-in-soil anomalies, with gold assays pending. Reasoning: The announcement reports strong gold and polymetallic drill results, particularly a high-grade intercept from surface in PVD15, which significantly extends known mineralization and indicates further potential. The discovery of new targets adds to the project's prospectivity. While true widths are not yet determined, the overall results are positive for exploration. - Positive factor: High-grade gold intercept from surface in PVD15 \(15m at 3.9 g/t Au, including 1m at 18.55 g/t Au\) - Positive factor: Polymetallic mineralization \(Au, Cu, Ni, Co, Pt, Pd\) extending beyond historical workings - Positive factor: Mineralization remains open along strike and at depth, indicating expansion potential - Positive factor: Discovery of new target area southwest of Providencia with elevated copper-in-soil anomalies - Positive factor: Comprehensive QA/QC disclosure with certified lab and QP sign-off - Negative factor: True widths not determined for reported intervals - Negative factor: Some intercepts are low grade, particularly for gold in PVD12, PVD13, PVD14 Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 73 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Drillhole PVD15 intersected 1 meter grading 18.55 g/t gold, which is an exceptionally high-grade zone well above the deposit-type norm. Evidence · table > 18.55 Context: 1.0 **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 includes QA/QC disclosure, mentioning Certified Reference materials, duplicate samples, and assay procedures by ALS, an accredited lab. Evidence · text > Duplicate samples of ¼ core were taken approximately every 30 samples, and Certified Reference materials inserted every 25 samples in each batch. Samples were placed in sealed bags and delivered to the ALS sample preparation facility in Seville in Spain and assayed at the ALS facility in Ireland. **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: 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. 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. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The drilling demonstrates that gold and polymetallic mineralization extends beyond the historical Providencia mine workings and remains open along strike and at depth, providing scope for further expansion. Evidence · text > The results continue to demonstrate that gold and copper-nickel-cobalt mineralization from surface extends beyond the historical Providencia mine workings, within a large, multiphase hydrothermal breccia system favourable for potential high grades. **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The document explicitly states that all reported drill intervals are down-hole lengths and 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. ## 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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD12:11-13 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows low-grade gold over a narrow width, indicating minor mineralization. - Negative factor: Low gold grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD12:97-110 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows low-grade gold over a moderate width, but is not particularly significant. - Negative factor: Low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD12:101-108 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows slightly higher gold grade but is still low overall. - Negative factor: Low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade gold, which is not economically significant. - Negative factor: Very low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade silver, which is not economically significant. - Negative factor: Very low silver grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade copper, which is not economically significant. - Negative factor: Very low copper grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade nickel, which is not economically significant. - Negative factor: Very low nickel grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade cobalt, which is not economically significant. - Negative factor: Very low cobalt grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-21 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade gold over a significant width, but is not economically compelling. - Negative factor: Very low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-9) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade gold over a narrow width. - Negative factor: Very low gold grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-10) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade silver over a narrow width. - Negative factor: Very low silver grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-11) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade copper over a narrow width. - Negative factor: Very low copper grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-12) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade nickel over a narrow width. - Negative factor: Very low nickel grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-13) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade cobalt over a narrow width. - Negative factor: Very low cobalt grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-14) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows low-grade gold over a narrow width. - Negative factor: Low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-15) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade silver over a narrow width. - Negative factor: Very low silver grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-16) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade copper over a narrow width. - Negative factor: Very low copper grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-17) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade nickel over a narrow width. - Negative factor: Very low nickel grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-18) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade cobalt over a narrow width. - Negative factor: Very low cobalt grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-19) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade gold over a moderate width, which is not economically significant. - Negative factor: Very low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-20) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade silver over a moderate width, which is not economically significant. - Negative factor: Very low silver grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-21) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows a weak copper grade over a moderate width. - Negative factor: Weak copper grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-22) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade nickel, which is not economically significant. - Negative factor: Very low nickel grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-23) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade cobalt, which is not economically significant. - Negative factor: Very low cobalt grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-24) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows low-grade gold over a narrow width. - Negative factor: Low gold grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-25) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade silver over a narrow width. - Negative factor: Very low silver grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-26) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a strong copper grade over a narrow width. - Positive factor: Strong copper grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-27) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade nickel over a narrow width. - Negative factor: Very low nickel grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-28) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a weak cobalt grade over a narrow width. - Negative factor: Weak cobalt grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-29) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows low-grade gold over a narrow width. - Negative factor: Low gold grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-30) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade silver over a narrow width. - Negative factor: Very low silver grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-31) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a strong copper grade over a narrow width. - Positive factor: Strong copper grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-32) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade nickel over a narrow width. - Negative factor: Very low nickel grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-33) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade cobalt over a narrow width. - Negative factor: Very low cobalt grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-34) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade gold over a narrow width. - Negative factor: Very low gold grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-35) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade silver over a narrow width. - Negative factor: Very low silver grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-36) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a strong copper grade over a narrow width. - Positive factor: Strong copper grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-37) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade nickel over a narrow width. - Negative factor: Very low nickel grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-38) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade cobalt over a narrow width. - Negative factor: Very low cobalt grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-39) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:7-46 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows low-grade gold over a broad width, but is not particularly significant. - Negative factor: Low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-40) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:10-20 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows low-grade gold over a moderate width. - Negative factor: Low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-41) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:25-28 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows low-grade gold over a narrow width. - Negative factor: Low gold grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-42) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:35-45 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows low-grade gold over a moderate width. - Negative factor: Low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-43) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:53-56 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width. - Positive factor: Moderate gold grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-44) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:59.9-67 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows low-grade gold over a moderate width. - Negative factor: Low gold grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-45) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:59.9-67 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows a weak copper grade over a moderate width. - Negative factor: Weak copper grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-46) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:59.9-67 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade nickel, which is not economically significant. - Negative factor: Very low nickel grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-47) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:59.9-67 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade cobalt, which is not economically significant. - Negative factor: Very low cobalt grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-48) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:65-66 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a strong copper grade over a narrow width. - Positive factor: Strong copper grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-49) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:65-66 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a weak nickel grade over a narrow width. - Negative factor: Weak nickel grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-50) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD14:65-66 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a weak cobalt grade over a narrow width. - Negative factor: Weak cobalt grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-51) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This is a strong gold intercept from surface over a significant width, indicating good potential for open-pit mining and extending known mineralization. - Positive factor: Strong gold grade - Positive factor: Significant intercept length - Positive factor: From surface - Positive factor: Polymetallic association - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-52) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade silver, which is not economically significant. - Negative factor: Very low silver grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-53) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade copper, which is not economically significant. - Negative factor: Very low copper grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-54) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows very low-grade nickel, which is not economically significant. - Negative factor: Very low nickel grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-55) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept shows a weak cobalt grade, which is not economically significant on its own. - Negative factor: Weak cobalt grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-56) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows an exceptional gold grade over a significant width from surface, making it highly material. - Positive factor: Exceptional gold grade - Positive factor: Significant intercept length - Positive factor: From surface - Positive factor: Polymetallic association - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-57) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade silver, which is not economically significant. - Negative factor: Very low silver grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-58) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade copper, which is not economically significant. - Negative factor: Very low copper grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-59) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a weak nickel grade, which is not economically significant on its own. - Negative factor: Weak nickel grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-60) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade cobalt, which is not economically significant. - Negative factor: Very low cobalt grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-61) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a moderate platinum grade over a significant width. - Positive factor: Moderate platinum grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-62) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a weak palladium grade over a significant width. - Negative factor: Weak palladium grade - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-63) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a bonanza gold grade, which is highly material despite the narrow width. - Positive factor: Bonanza gold grade - Positive factor: Polymetallic association - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-64) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade silver over a narrow width. - Negative factor: Very low silver grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-65) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade copper over a narrow width. - Negative factor: Very low copper grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-66) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade nickel over a narrow width. - Negative factor: Very low nickel grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-67) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows very low-grade cobalt over a narrow width. - Negative factor: Very low cobalt grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-68) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a strong platinum grade over a narrow width. - Positive factor: Strong platinum grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-69) 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 - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - CRS: UTM30N ERTS89 - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This sub-interval shows a moderate palladium grade over a narrow width. - Positive factor: Moderate palladium grade - Negative factor: Narrow intercept length - Negative factor: Apparent width only 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-70) 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 - Intercept Depth: 2 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD13:2-21 - Mining Method: unknown #### Location - CRS: UTM30N ERTS89 #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 0.02 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.4 %·m is below. - Negative factor: 0.02 % copper is below the weak threshold \(0.25 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.02 Context: PVD13 #### 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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-71) 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 - Intercept Depth: 2 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD13:2-21 - Mining Method: unknown #### Location - CRS: UTM30N ERTS89 #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 0.02 % nickel is below against the default band \[3, 1.5, 0.8, 0.3\] %. - Negative factor: 0.02 % nickel is below the weak threshold \(0.3 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.02 Context: PVD13 #### 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-ca-rmenes-project-s--b80dfe9d-d5eb-4a94-a381-d6f1987ceac8#fact-drill-facts-72) 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 - Intercept Depth: 65 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD14:65-66 - Mining Method: unknown #### Location - CRS: UTM30N ERTS89 #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 0.1 g/t gold is below against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 0.1 g/t·m is below. - Negative factor: 0.1 g/t gold is below the weak threshold \(0.3 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.10 Context: Including #### 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.