# Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1 Original source: https://money.tmx.com/en/quote/PML/news/8335590933876435/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project Publisher: tmx Original announcement: 2026-03-16T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Panoro Minerals Ltd. - Ticker: PML - Exchange: TSX - Region: Peru - Primary commodity: Copper - Secondary commodities: Gold, Silver - Document categories: Drill results, Resource update - Extracted: 2026-09-14 18:49:16 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Panoro Minerals has announced a high-grade strategy for its Cotabambas Copper, Gold, Silver Project in Peru, aiming for a capital-efficient, short-payback open pit mine. The strategy includes a 15,000-meter drill program in 2026 focused on growing and upgrading high-grade resources, as well as testing new targets. The company highlights existing high-grade indicated and inferred resources and previous strong drill intercepts to support the program. Reasoning: Panoro Minerals has outlined a clear high-grade strategy for its Cotabambas Project, supported by a significant planned drill program to expand and upgrade existing high-grade resources. This proactive approach, combined with strong existing resource figures and historical drill intercepts, is a positive step towards de-risking and advancing the project, despite the drill results being historical. - Positive factor: Clear strategy to focus on high-grade resources for project development. - Positive factor: Significant planned 15,000m drill program aimed at resource growth and category upgrade. - Positive factor: Existing high-grade indicated and inferred resources provide a strong foundation. - Positive factor: Project located in a mining-friendly jurisdiction with growing regional infrastructure. - Positive factor: CEO highlights simple metallurgy and low strip ratio, suggesting favorable economics. - Positive factor: Technical information reviewed and approved by a Qualified Person under NI 43-101. - Negative factor: Drill results presented in the tables are historical, not new assays from the current program. - Negative factor: True width of historical drill intercepts is not disclosed, potentially overstating apparent thickness. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 63 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The scientific and technical information in this news release has been reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101. Evidence · text > Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101. **QP/CP Signed** Polarity: positive 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: The scientific and technical information in this news release has been reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101. Evidence · text > Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101. **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The document reports 129.0 million tonnes of high-grade resource in the Indicated category. Evidence · text > 129.0 million tonnes @ 0.70% Cu, 0.44 g/t Au, 4.12 g/t Ag \(1.29% CuEq 1 \) Indicated category. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The document reports 93.1 million tonnes of high-grade resource in the Inferred category. Evidence · text > 93.1 million tonnes @ 0.59% Cu, 0.41 g/t Au, 5.31 g/t Ag \(1.17% CuEq 1 \) Inferred category. **Category Upgrade** Polarity: positive Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. Why it applies: The 2026 exploration program is designed to "UPGRADE the high-grade to Indicated category". Evidence · text > UPGRADE the high-grade to Indicated category **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: The 2026 exploration program is designed to "GROW the high-grade component of the project resource". Evidence · text > GROW the high-grade component of the project resource **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The drill results presented in the tables are explicitly stated as "intersections were identified in previous drilling". Evidence · text > intersections were identified in previous drilling **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 drill intercepts are reported with 'Intersection \(m\)' but no mention of true width or drill orientation is provided. Evidence · table > Intersection \(m\) Context: Intersection \(m\) **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The planned 5,000 m of step-out drilling at the South Pit is targeting the growth of the high-grade resource to the south. Evidence · text > Step-Out Drilling at the South Pit, targeting the growth of the high-grade resource to the south **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The planned 5,000 m of infill drilling at the North Pit aims to upgrade additional high-grade resources to the Indicated category. Evidence · text > Infill Drilling at the North Pit to upgrade additional high-grade resources to the Indicated category ## Extracted facts Stored fact records: 63. Some facts used in scoring do not have a stored record. ## Drill Results (60) ### CB-205 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-3) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-205 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.65 - Grade Unit: % - Intercept: 79.2 m - From: 43.7 m - To: 122.9 m - Intercept Depth: 43.7 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-205:43.7-122.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong copper mineralization over a good width, indicating significant potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.65%\) over a significant width \(79.2m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.3%\) indicates strong overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.65 Context: 79.2 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-206 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-4) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-206 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.56 - Grade Unit: % - Intercept: 341.7 m - From: 3.8 m - To: 345.4 m - Intercept Depth: 3.8 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-206:3.8-345.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept demonstrates exceptional width with strong copper mineralization, highlighting significant bulk tonnage potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Exceptional intercept length \(341.7m\) with strong copper grade \(0.56%\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.1%\) indicates strong overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.56 Context: 341.7 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-5) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-207 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.56 - Grade Unit: % - Intercept: 89.7 m - From: 117.4 m - To: 207.1 m - Intercept Depth: 117.4 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-207:117.4-207.1 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong copper mineralization over a good width, indicating significant potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.56%\) over a good width \(89.7m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.3%\) indicates strong overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.56 Context: 89.7 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-212 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-6) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-212 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.78 - Grade Unit: % - Intercept: 74 m - From: 0 m - To: 74 m - Intercept Depth: 0 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-212:0-74 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong, shallow copper mineralization over a good width, indicating significant open-pit potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.78%\) over a good width \(74.0m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.3%\) indicates strong overall metal endowment. - Positive factor: Shallow intercept from surface \(0m\) suggests potential for open-pit mining. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.78 Context: 74.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-213 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-7) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-213 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.62 - Grade Unit: % - Intercept: 155.4 m - From: 8.2 m - To: 163.6 m - Intercept Depth: 8.2 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-213:8.2-163.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong copper mineralization over a significant width, indicating substantial potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.62%\) over a significant width \(155.4m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.2%\) indicates strong overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.62 Context: 155.4 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-213 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-8) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-213 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.87 - Grade Unit: % - Intercept: 107.1 m - From: 202.3 m - To: 309.4 m - Intercept Depth: 8.2 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-213:202.3-309.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows exceptional copper mineralization over a significant width, indicating very high-grade potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Exceptional copper grade \(0.87%\) over a significant width \(107.1m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: Very high CuEq grade \(2.0%\) indicates exceptional overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.87 Context: 107.1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-214 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-9) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-214 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 1.21 - Grade Unit: % - Intercept: 117.7 m - From: 91.4 m - To: 209.1 m - Intercept Depth: 91.4 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-214:91.4-209.1 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.5 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows exceptional copper mineralization over a significant width, representing very high-grade potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Exceptional copper grade \(1.21%\) over a significant width \(117.7m\) for a porphyry deposit \(well above 75th percentile of 0.49% Cu\). - Positive factor: Very high CuEq grade \(2.5%\) indicates exceptional overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 1.21 Context: 117.7 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-214 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-10) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-214 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.48 - Grade Unit: % - Intercept: 14 m - From: 231.6 m - To: 245.6 m - Intercept Depth: 91.4 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-214:231.6-245.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.2 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows a high CuEq grade driven by significant gold and silver, indicating good polymetallic potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: High CuEq grade \(2.2%\) indicates strong overall metal endowment, despite moderate copper grade. - Positive factor: High gold and silver grades contribute significantly to the CuEq. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. - Negative factor: Copper grade \(0.48%\) is at the lower end of strong for porphyry. Evidence · table > 0.48 Context: 14.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-216 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-11) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-216 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.8 - Grade Unit: % - Intercept: 75.9 m - From: 49.5 m - To: 125.4 m - Intercept Depth: 49.5 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-216:49.5-125.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong copper mineralization over a good width, indicating significant potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.80%\) over a good width \(75.9m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: Good CuEq grade \(1.0%\) indicates solid overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.80 Context: 75.9 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-212a [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-12) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-212a - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.83 - Grade Unit: % - Intercept: 198.6 m - From: 0 m - To: 198.6 m - Intercept Depth: 0 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-212a:0-198.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.9 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows exceptional, shallow copper mineralization over a significant width, highlighting strong open-pit potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Exceptional copper grade \(0.83%\) over a significant width \(198.6m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: Very high CuEq grade \(1.9%\) indicates exceptional overall metal endowment. - Positive factor: Shallow intercept from surface \(0m\) suggests potential for open-pit mining. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.83 Context: 198.6 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-13) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-217 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.86 - Grade Unit: % - Intercept: 34 m - From: 21.6 m - To: 55.6 m - Intercept Depth: 21.6 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-217:21.6-55.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong copper mineralization over a moderate width, indicating good potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.86%\) over a moderate width \(34.0m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: Good CuEq grade \(1.0%\) indicates solid overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.86 Context: 34.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-224 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-14) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-224 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.72 - Grade Unit: % - Intercept: 316.9 m - From: 3 m - To: 319.9 m - Intercept Depth: 3 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-224:3-319.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.5 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept demonstrates exceptional width with strong, shallow copper mineralization, highlighting significant bulk tonnage potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Exceptional intercept length \(316.9m\) with strong copper grade \(0.72%\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.5%\) indicates strong overall metal endowment. - Positive factor: Shallow intercept from surface \(3m\) suggests potential for open-pit mining. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.72 Context: 316.9 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-195 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-15) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-195 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.55 - Grade Unit: % - Intercept: 195.8 m - From: 35 m - To: 230.8 m - Intercept Depth: 35 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-195:35-230.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong copper mineralization over a significant width, indicating substantial potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.55%\) over a significant width \(195.8m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.3%\) indicates strong overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.55 Context: 195.8 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-196 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-16) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.65 - Grade Unit: % - Intercept: 20.5 m - From: 194.2 m - To: 214.7 m - Intercept Depth: 194.2 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-196:194.2-214.7 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.7 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong copper mineralization over a moderate width, indicating good potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.65%\) over a moderate width \(20.5m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.7%\) indicates strong overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.65 Context: 20.5 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-196 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-17) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.6 - Grade Unit: % - Intercept: 23.2 m - From: 257.7 m - To: 280.8 m - Intercept Depth: 194.2 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-196:257.7-280.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows strong copper mineralization over a moderate width, indicating good potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Strong copper grade \(0.60%\) over a moderate width \(23.2m\) for a porphyry deposit \(above 75th percentile of 0.49% Cu\). - Positive factor: High CuEq grade \(1.3%\) indicates strong overall metal endowment. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. Evidence · table > 0.60 Context: 23.2 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-198 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-18) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-198 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.43 - Grade Unit: % - Intercept: 260 m - From: 123 m - To: 382.9 m - Intercept Depth: 123 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-198:123-382.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows exceptional width with moderate copper grade, but high CuEq, indicating bulk tonnage potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Exceptional intercept length \(260.0m\) indicates significant bulk tonnage potential. - Positive factor: High CuEq grade \(1.3%\) indicates strong overall metal endowment, despite moderate copper grade. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. - Negative factor: Copper grade \(0.43%\) is moderate for a porphyry deposit \(below 75th percentile of 0.49% Cu\). Evidence · table > 0.43 Context: 260.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-202 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-19) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-202 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.48 - Grade Unit: % - Intercept: 52.8 m - From: 287.6 m - To: 340.4 m - Intercept Depth: 287.6 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-202:287.6-340.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows moderate copper grade over a good width, with a solid CuEq, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Good CuEq grade \(1.1%\) indicates solid overall metal endowment, despite moderate copper grade. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. - Negative factor: Copper grade \(0.48%\) is moderate for a porphyry deposit \(below 75th percentile of 0.49% Cu\). Evidence · table > 0.48 Context: 52.8 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-204 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-20) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-204 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.44 - Grade Unit: % - Intercept: 95 m - From: 332.8 m - To: 427.8 m - Intercept Depth: 332.8 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-204:332.8-427.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows moderate copper grade over a good width, with a solid CuEq, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Good CuEq grade \(1.1%\) indicates solid overall metal endowment, despite moderate copper grade. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. - Negative factor: Copper grade \(0.44%\) is moderate for a porphyry deposit \(below 75th percentile of 0.49% Cu\). Evidence · table > 0.44 Context: 95.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-21) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-208 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.44 - Grade Unit: % - Intercept: 66.5 m - From: 350 m - To: 416.5 m - Intercept Depth: 350 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-208:350-416.5 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows moderate copper grade over a good width, with a solid CuEq, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Good CuEq grade \(1.2%\) indicates solid overall metal endowment, despite moderate copper grade. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. - Negative factor: Copper grade \(0.44%\) is moderate for a porphyry deposit \(below 75th percentile of 0.49% Cu\). Evidence · table > 0.44 Context: 66.5 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-215 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-22) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-215 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.44 - Grade Unit: % - Intercept: 114 m - From: 397.5 m - To: 511.5 m - Intercept Depth: 397.5 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-215:397.5-511.5 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: This historical intercept shows significant width with moderate copper grade, but high CuEq, indicating bulk tonnage potential, but its historical nature and lack of true width reduce novelty and confidence. - Positive factor: Significant intercept length \(114.0m\) indicates bulk tonnage potential. - Positive factor: High CuEq grade \(1.3%\) indicates strong overall metal endowment, despite moderate copper grade. - Negative factor: Result is historical, not new. - Negative factor: True width not disclosed, so apparent width may overstate true thickness. - Negative factor: Copper grade \(0.44%\) is moderate for a porphyry deposit \(below 75th percentile of 0.49% Cu\). Evidence · table > 0.44 Context: 114.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-205 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-23) Cotabambas · gold #### Identity - Hole ID: CB-205 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 79.2 m - From: 43.7 m - To: 122.9 m - Intercept Depth: 43.7 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-205:43.7-122.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.44 g/t gold is moderate against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 34.8 g/t·m is moderate. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.44 Context: CB-205 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-205 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-24) Cotabambas · silver #### Identity - Hole ID: CB-205 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 5.19 - Grade Unit: g/t - Intercept: 79.2 m - From: 43.7 m - To: 122.9 m - Intercept Depth: 43.7 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-205:43.7-122.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 5.19 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 411.0 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.19 Context: CB-205 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-206 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-25) Cotabambas · gold #### Identity - Hole ID: CB-206 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.4 - Grade Unit: g/t - Intercept: 341.6 m - From: 3.8 m - To: 345.4 m - Intercept Depth: 3.8 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-206:3.8-345.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.4 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 136.6 g/t·m is strong \(grade alone is moderate; the better of the two is used\). - Positive factor: 0.4 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.40 Context: CB-206 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-206 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-26) Cotabambas · silver #### Identity - Hole ID: CB-206 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 2.75 - Grade Unit: g/t - Intercept: 341.6 m - From: 3.8 m - To: 345.4 m - Intercept Depth: 3.8 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-206:3.8-345.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 2.75 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 939.4 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.75 Context: CB-206 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-27) Cotabambas · gold #### Identity - Hole ID: CB-207 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.51 - Grade Unit: g/t - Intercept: 89.7 m - From: 117.4 m - To: 207.1 m - Intercept Depth: 117.4 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-207:117.4-207.1 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.51 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 45.7 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 0.51 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.51 Context: CB-207 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-28) Cotabambas · silver #### Identity - Hole ID: CB-207 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 4.06 - Grade Unit: g/t - Intercept: 89.7 m - From: 117.4 m - To: 207.1 m - Intercept Depth: 117.4 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-207:117.4-207.1 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 4.06 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 364.2 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.06 Context: CB-207 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-212 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-29) Cotabambas · gold #### Identity - Hole ID: CB-212 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 74 m - From: 0 m - To: 74 m - Intercept Depth: 0 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-212:0-74 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.33 g/t gold is moderate against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 24.4 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.33 Context: CB-212 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-212 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-30) Cotabambas · silver #### Identity - Hole ID: CB-212 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 2.8 - Grade Unit: g/t - Intercept: 74 m - From: 0 m - To: 74 m - Intercept Depth: 0 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-212:0-74 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 2.8 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 207.2 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.80 Context: CB-212 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-213 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-31) Cotabambas · gold #### Identity - Hole ID: CB-213 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.34 - Grade Unit: g/t - Intercept: 155.4 m - From: 8.2 m - To: 163.6 m - Intercept Depth: 8.2 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-213:8.2-163.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.34 g/t gold is moderate against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 52.8 g/t·m is moderate. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.34 Context: CB-213 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-213 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-32) Cotabambas · silver #### Identity - Hole ID: CB-213 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 4.43 - Grade Unit: g/t - Intercept: 155.4 m - From: 8.2 m - To: 163.6 m - Intercept Depth: 8.2 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-213:8.2-163.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 4.43 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 688.4 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.43 Context: CB-213 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-213 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-33) Cotabambas · gold #### Identity - Hole ID: CB-213 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.77 - Grade Unit: g/t - Intercept: 107.1 m - From: 202.3 m - To: 309.4 m - Intercept Depth: 202.3 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-213:202.3-309.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.77 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 82.5 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 0.77 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.77 Context: CB-213 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-213 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-34) Cotabambas · silver #### Identity - Hole ID: CB-213 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 4.24 - Grade Unit: g/t - Intercept: 107.1 m - From: 202.3 m - To: 309.4 m - Intercept Depth: 202.3 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-213:202.3-309.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 4.24 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 454.1 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.24 Context: CB-213 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-214 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-35) Cotabambas · gold #### Identity - Hole ID: CB-214 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.82 - Grade Unit: g/t - Intercept: 117.7 m - From: 91.4 m - To: 209.1 m - Intercept Depth: 91.4 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-214:91.4-209.1 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.5 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.82 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 96.5 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 0.82 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.82 Context: CB-214 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-214 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-36) Cotabambas · silver #### Identity - Hole ID: CB-214 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 11.36 - Grade Unit: g/t - Intercept: 117.7 m - From: 91.4 m - To: 209.1 m - Intercept Depth: 91.4 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-214:91.4-209.1 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.5 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 11.36 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 1337.1 g/t·m is moderate \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 11.36 Context: CB-214 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-214 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-37) Cotabambas · gold #### Identity - Hole ID: CB-214 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.96 - Grade Unit: g/t - Intercept: 14 m - From: 231.6 m - To: 245.6 m - Intercept Depth: 231.6 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-214:231.6-245.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.2 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.96 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 13.4 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 0.96 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.96 Context: CB-214 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-214 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-38) Cotabambas · silver #### Identity - Hole ID: CB-214 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 20.2 - Grade Unit: g/t - Intercept: 14 m - From: 231.6 m - To: 245.6 m - Intercept Depth: 231.6 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-214:231.6-245.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.2 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 20.2 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 282.8 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 20.20 Context: CB-214 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-216 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-39) Cotabambas · gold #### Identity - Hole ID: CB-216 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.13 - Grade Unit: g/t - Intercept: 75.9 m - From: 49.5 m - To: 125.4 m - Intercept Depth: 49.5 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-216:49.5-125.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.13 g/t gold is below against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 9.9 g/t·m is below. - Negative factor: 0.13 g/t gold is below the weak threshold \(0.15 g/t\) on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.13 Context: CB-216 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-216 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-40) Cotabambas · silver #### Identity - Hole ID: CB-216 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 2.48 - Grade Unit: g/t - Intercept: 75.9 m - From: 49.5 m - To: 125.4 m - Intercept Depth: 49.5 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-216:49.5-125.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 2.48 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 188.2 g/t·m is below. - Negative factor: 2.48 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.48 Context: CB-216 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-212a [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-41) Cotabambas · gold #### Identity - Hole ID: CB-212a - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.74 - Grade Unit: g/t - Intercept: 198.6 m - From: 0 m - To: 198.6 m - Intercept Depth: 0 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-212a:0-198.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.9 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.74 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 147.0 g/t·m is strong. - Positive factor: 0.74 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.74 Context: CB-212a #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-212a [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-42) Cotabambas · silver #### Identity - Hole ID: CB-212a - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 3.8 - Grade Unit: g/t - Intercept: 198.6 m - From: 0 m - To: 198.6 m - Intercept Depth: 0 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-212a:0-198.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.9 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 3.8 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 754.7 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.80 Context: CB-212a #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-43) Cotabambas · gold #### Identity - Hole ID: CB-217 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.1 - Grade Unit: g/t - Intercept: 34 m - From: 21.6 m - To: 55.6 m - Intercept Depth: 21.6 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-217:21.6-55.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.1 g/t gold is below against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 3.4 g/t·m is below. - Negative factor: 0.1 g/t gold is below the weak threshold \(0.15 g/t\) on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.10 Context: CB-217 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-44) Cotabambas · silver #### Identity - Hole ID: CB-217 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 1.19 - Grade Unit: g/t - Intercept: 34 m - From: 21.6 m - To: 55.6 m - Intercept Depth: 21.6 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-217:21.6-55.6 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 1.19 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 40.5 g/t·m is below. - Negative factor: 1.19 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.19 Context: CB-217 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-224 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-45) Cotabambas · gold #### Identity - Hole ID: CB-224 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.5 - Grade Unit: g/t - Intercept: 316.9 m - From: 3 m - To: 319.9 m - Intercept Depth: 3 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-224:3-319.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.5 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.5 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 158.4 g/t·m is strong. - Positive factor: 0.5 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.50 Context: CB-224 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-224 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-46) Cotabambas · silver #### Identity - Hole ID: CB-224 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 4.01 - Grade Unit: g/t - Intercept: 316.9 m - From: 3 m - To: 319.9 m - Intercept Depth: 3 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-224:3-319.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.5 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 4.01 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 1270.8 g/t·m is moderate \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.01 Context: CB-224 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-195 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-47) Cotabambas · gold #### Identity - Hole ID: CB-195 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.52 - Grade Unit: g/t - Intercept: 195.8 m - From: 35 m - To: 230.8 m - Intercept Depth: 35 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-195:35-230.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.52 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 101.8 g/t·m is strong. - Positive factor: 0.52 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.52 Context: CB-195 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-195 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-48) Cotabambas · silver #### Identity - Hole ID: CB-195 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 2.88 - Grade Unit: g/t - Intercept: 195.8 m - From: 35 m - To: 230.8 m - Intercept Depth: 35 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-195:35-230.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 2.88 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 563.9 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.88 Context: CB-195 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-196 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-49) Cotabambas · gold #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.73 - Grade Unit: g/t - Intercept: 20.5 m - From: 194.2 m - To: 214.7 m - Intercept Depth: 194.2 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-196:194.2-214.7 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.7 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.73 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 15.0 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 0.73 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.73 Context: CB-196 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-196 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-50) Cotabambas · silver #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 3.91 - Grade Unit: g/t - Intercept: 20.5 m - From: 194.2 m - To: 214.7 m - Intercept Depth: 194.2 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-196:194.2-214.7 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.7 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 3.91 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 80.2 g/t·m is below. - Negative factor: 3.91 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.91 Context: CB-196 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-196 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-51) Cotabambas · gold #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.49 - Grade Unit: g/t - Intercept: 23.1 m - From: 257.7 m - To: 280.8 m - Intercept Depth: 257.7 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-196:257.7-280.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.49 g/t gold is moderate against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 11.3 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.49 Context: CB-196 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-196 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-52) Cotabambas · silver #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 3.41 - Grade Unit: g/t - Intercept: 23.1 m - From: 257.7 m - To: 280.8 m - Intercept Depth: 257.7 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-196:257.7-280.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 3.41 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 78.8 g/t·m is below. - Negative factor: 3.41 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.41 Context: CB-196 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-198 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-53) Cotabambas · gold #### Identity - Hole ID: CB-198 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.61 - Grade Unit: g/t - Intercept: 259.9 m - From: 123 m - To: 382.9 m - Intercept Depth: 123 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-198:123-382.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.61 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 158.5 g/t·m is strong. - Positive factor: 0.61 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.61 Context: CB-198 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-198 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-54) Cotabambas · silver #### Identity - Hole ID: CB-198 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 2.72 - Grade Unit: g/t - Intercept: 259.9 m - From: 123 m - To: 382.9 m - Intercept Depth: 123 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-198:123-382.9 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 2.72 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 706.9 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.72 Context: CB-198 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-202 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-55) Cotabambas · gold #### Identity - Hole ID: CB-202 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 52.8 m - From: 287.6 m - To: 340.4 m - Intercept Depth: 287.6 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-202:287.6-340.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.44 g/t gold is moderate against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 23.2 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.44 Context: CB-202 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-202 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-56) Cotabambas · silver #### Identity - Hole ID: CB-202 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 3.5 - Grade Unit: g/t - Intercept: 52.8 m - From: 287.6 m - To: 340.4 m - Intercept Depth: 287.6 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-202:287.6-340.4 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 3.5 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 184.8 g/t·m is below. - Negative factor: 3.5 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.50 Context: CB-202 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-204 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-57) Cotabambas · gold #### Identity - Hole ID: CB-204 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.45 - Grade Unit: g/t - Intercept: 95 m - From: 332.8 m - To: 427.8 m - Intercept Depth: 332.8 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-204:332.8-427.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.45 g/t gold is moderate against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 42.8 g/t·m is moderate. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.45 Context: CB-204 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-204 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-58) Cotabambas · silver #### Identity - Hole ID: CB-204 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 3.13 - Grade Unit: g/t - Intercept: 95 m - From: 332.8 m - To: 427.8 m - Intercept Depth: 332.8 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-204:332.8-427.8 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 3.13 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 297.3 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.13 Context: CB-204 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-59) Cotabambas · gold #### Identity - Hole ID: CB-208 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.54 - Grade Unit: g/t - Intercept: 66.5 m - From: 350 m - To: 416.5 m - Intercept Depth: 350 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-208:350-416.5 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.54 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 35.9 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 0.54 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.54 Context: CB-208 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-60) Cotabambas · silver #### Identity - Hole ID: CB-208 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 3.68 - Grade Unit: g/t - Intercept: 66.5 m - From: 350 m - To: 416.5 m - Intercept Depth: 350 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-208:350-416.5 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 3.68 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 244.7 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.68 Context: CB-208 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-215 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-61) Cotabambas · gold #### Identity - Hole ID: CB-215 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 0.6 - Grade Unit: g/t - Intercept: 114 m - From: 397.5 m - To: 511.5 m - Intercept Depth: 397.5 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-215:397.5-511.5 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 0.6 g/t gold is strong against the porphyry deposit band \[1, 0.5, 0.3, 0.15\] g/t. Grade×width 68.4 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 0.6 g/t gold is strong on the porphyry deposit band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.60 Context: CB-215 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ### CB-215 [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-drill-facts-62) Cotabambas · silver #### Identity - Hole ID: CB-215 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: peru - Ticker: PML #### Geometry - Grade: 2.62 - Grade Unit: g/t - Intercept: 114 m - From: 397.5 m - To: 511.5 m - Intercept Depth: 397.5 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-215:397.5-511.5 #### QA/QC - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: Expanded from assay table. 2.62 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 298.7 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.62 Context: CB-215 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Panoro Minerals Defines High-Grade Strategy for Cotabambas Project Panoro Minerals Defines High-Grade Strategy for Cotab" ## Resource Estimates (3) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-resource-facts-0) Cotabambas · copper #### Identity - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Luis Vela - Resource group id: resource:1d2f1058633d2445d068 - Deposit or zone: overall resource - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 496000000 - Grade: 0.27 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-09-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: The overall inferred copper resource provides a large tonnage base for future exploration and conversion, but its inferred status implies lower confidence. - Positive factor: Large inferred copper resource base \(496.0 Mt\) indicates significant future potential. - Negative factor: Inferred category has lower geological confidence and cannot be used for economic studies without further drilling. Evidence · text > 496.0 million tonnes @ 0.27% Cu, 0.17 g/t Au, 2.53 g/t Ag, Inferred. #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **QP/CP Signed** Polarity: positive 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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-resource-facts-1) Cotabambas · gold #### Identity - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Luis Vela - Resource group id: resource:1d2f1058633d2445d068 - Deposit or zone: overall resource - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 496000000 - Grade: 0.17 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-09-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: The gold component of the overall inferred resource adds value, but its inferred status implies lower confidence. - Positive factor: Gold provides additional value to the large inferred resource base. - Negative factor: Inferred category has lower geological confidence. Evidence · text > 496.0 million tonnes @ 0.27% Cu, 0.17 g/t Au, 2.53 g/t Ag, Inferred. #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **QP/CP Signed** Polarity: positive 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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--21c86557-ebd7-48c0-bd0f-0bd0601350c1#fact-resource-facts-2) Cotabambas · silver #### Identity - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Luis Vela - Resource group id: resource:1d2f1058633d2445d068 - Deposit or zone: overall resource - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 496000000 - Grade: 2.53 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-09-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-03-16T00:00:00.000Z Reasoning: The silver component of the overall inferred resource adds byproduct value, but its inferred status implies lower confidence. - Positive factor: Silver provides byproduct credits to the large inferred resource base. - Negative factor: Inferred category has lower geological confidence. Evidence · text > 496.0 million tonnes @ 0.27% Cu, 0.17 g/t Au, 2.53 g/t Ag, Inferred. #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **QP/CP Signed** Polarity: positive 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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## 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.