Panoro Signs Cooperation Agreement with the Municipality of Cotabambas for the Cotabambas Copper/Gold/Silver Project, Peru

Original announcement by orestocks on

Company
Panoro Minerals Ltd.
Ticker
PML
Exchange
Unavailable
Region
Apurimac, Peru
Primary commodity
Copper
Secondary commodities
Gold, Silver, Molybdenum
Document categories
Resource update, Agreement transaction
Extracted
2026-09-16 20:48:51 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Panoro Minerals Ltd. has signed a cooperation agreement with the Municipality of Cotabambas in Peru to support local social development and infrastructure. The release also restates the Cotabambas Project's mineral resource estimates, which include significant copper, gold, and silver components.

Reasoning: The announcement focuses on a social cooperation agreement which de-risks the project from a permitting/social perspective, while also restating existing resource figures.

Positive factors

  • Strengthened social license through cooperation agreement with local municipality
  • Reiteration of significant resource scale in project description

Facts used in scoring: 14

Classification and evidence

agreement_transactionpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Company signed a cooperation agreement with the Municipality of Cotabambas.

Evidence · text

“Panoro Signs Cooperation Agreement with the Municipality of Cotabambas”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: Technical information reviewed and approved by a Qualified Person under NI 43-101.

Evidence · text

“reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101.”

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Resource Estimates (14)

indicatedCotabambas Project · copperTonnes: 507300000Grade: 0.33Grade Unit: %View all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
copper
Region
peru
Reported Region
Apurimac, 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:1465848939ff1109baf3
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
507300000
Grade
0.33
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Standard indicated resource disclosure.

Evidence · text

“Indicated Mineral Resources of 507.3 million tonnes grading 0.33% copper”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedCotabambas Project · goldTonnes: 507300000Grade: 0.2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
gold
Region
peru
Reported Region
Apurimac, 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:1465848939ff1109baf3
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
507300000
Grade
0.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Standard indicated resource disclosure.

Evidence · text

“507.3 million tonnes grading 0.33% copper, 0.20 g/t gold”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedCotabambas Project · silverTonnes: 507300000Grade: 2.42Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
silver
Region
peru
Reported Region
Apurimac, 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:1465848939ff1109baf3
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
507300000
Grade
2.42
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Standard indicated resource disclosure.

Evidence · text

“507.3 million tonnes grading 0.33% copper, 0.20 g/t gold, 2.42 g/t silver”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedCotabambas Project · molybdenumTonnes: 507300000Grade: 0.0021Grade Unit: %View all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
molybdenum
Region
peru
Reported Region
Apurimac, 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:1465848939ff1109baf3
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
507300000
Grade
0.0021
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Standard indicated resource disclosure.

Evidence · text

“2.42 g/t silver, and 0.0021% molybdenum”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredCotabambas Project · copperTonnes: 496000000Grade: 0.27Grade Unit: %View all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
copper
Region
peru
Reported Region
Apurimac, 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:32a0540a1cd15dfae80c
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
496000000
Grade
0.27
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Standard inferred resource disclosure.

Evidence · text

“Inferred Mineral Resources of 496.0 million tonnes grading 0.27% copper”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredCotabambas Project · goldTonnes: 496000000Grade: 0.17Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
gold
Region
peru
Reported Region
Apurimac, 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:32a0540a1cd15dfae80c
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
496000000
Grade
0.17
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Standard inferred resource disclosure.

Evidence · text

“496.0 million tonnes grading 0.27% copper, 0.17 g/t gold”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredCotabambas Project · silverTonnes: 496000000Grade: 2.53Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
silver
Region
peru
Reported Region
Apurimac, 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:32a0540a1cd15dfae80c
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
496000000
Grade
2.53
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Standard inferred resource disclosure.

Evidence · text

“0.17 g/t gold, 2.53 g/t silver”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredCotabambas Project · molybdenumTonnes: 496000000Grade: 0.0027Grade Unit: %View all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
molybdenum
Region
peru
Reported Region
Apurimac, 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:32a0540a1cd15dfae80c
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
496000000
Grade
0.0027
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Standard inferred resource disclosure.

Evidence · text

“2.53 g/t silver, and 0.0027% molybdenum.”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedCotabambas Project · copperTonnes: 129000000Grade: 0.7Grade Unit: %View all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
copper
Region
peru
Reported Region
Apurimac, 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:4fbacb94441d2746f8ff
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
129000000
Grade
0.7
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: High-grade component of indicated resource.

Evidence · text

“Indicated Mineral Resource totals of 129.0 million tonnes grading 0.70% Cu”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedCotabambas Project · goldTonnes: 129000000Grade: 0.44Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
gold
Region
peru
Reported Region
Apurimac, 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:4fbacb94441d2746f8ff
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
129000000
Grade
0.44
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: High-grade component of indicated resource.

Evidence · text

“129.0 million tonnes grading 0.70% Cu, 0.44 g/t Au”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedCotabambas Project · silverTonnes: 129000000Grade: 4.12Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
silver
Region
peru
Reported Region
Apurimac, 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:4fbacb94441d2746f8ff
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
129000000
Grade
4.12
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: High-grade component of indicated resource.

Evidence · text

“0.44 g/t Au, 4.12 g/t Ag.”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredCotabambas Project · copperTonnes: 93100000Grade: 0.59Grade Unit: %View all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
copper
Region
peru
Reported Region
Apurimac, 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:9439b61ff752d9d0bfa1
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
93100000
Grade
0.59
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: High-grade component of inferred resource.

Evidence · text

“Inferred Mineral Resources of an estimated 93.1 million tonnes grading 0.59% Cu”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredCotabambas Project · goldTonnes: 93100000Grade: 0.41Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
gold
Region
peru
Reported Region
Apurimac, 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:9439b61ff752d9d0bfa1
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
93100000
Grade
0.41
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: High-grade component of inferred resource.

Evidence · text

“93.1 million tonnes grading 0.59% Cu, 0.41 g/t Au”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredCotabambas Project · silverTonnes: 93100000Grade: 5.31Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
silver
Region
peru
Reported Region
Apurimac, 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:9439b61ff752d9d0bfa1
Deposit or zone
Cotabambas Project
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
93100000
Grade
5.31
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: High-grade component of inferred resource.

Evidence · text

“0.41 g/t Au, 5.31 g/t Ag.”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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.