# Reports a Record Quarterly Production in Q3-2025 of 12,090 Gold Ounces and Provides Operational Highlights Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1 Original source: https://money.tmx.com/en/quote/SBI/news/5684330112674503/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi Publisher: tmx Original announcement: 2025-10-14T05:31:08.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Serabi Gold plc - Ticker: SBI - Exchange: TSX - Region: Pará State, Brazil, within the Tapajós region - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Production, Drill results - Extracted: 2026-09-12 23:14:34 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Serabi Gold plc reported record quarterly gold production of 12,090 ounces in Q3-2025, a 27% increase from Q3-2024, and is on track to meet its 2025 production guidance. The company's cash balance increased significantly to $38.8 million. Operational highlights include grade improvements at both the Palito Complex and Coringa, successful use of an ore sorter, and positive brownfield exploration results with new orebody discoveries and high-grade drill intercepts. Reasoning: Serabi Gold plc reported record quarterly gold production in Q3-2025, a substantial increase in cash, and confirmed it is on track to meet annual guidance. The company also announced significant exploration success with new orebody discoveries, extensions to known zones, and multiple high-grade drill intercepts, indicating strong operational performance and growth potential. - Positive factor: Record quarterly gold production - Positive factor: Significant increase in cash balance - Positive factor: On track to meet production guidance - Positive factor: Improved mined and milled grades - Positive factor: Discovery of new orebody \(Serra South zone\) - Positive factor: Successful strike extensions \(Meio, Senna zones\) - Positive factor: High-grade drill intercepts - Positive factor: Successful implementation of ore sorter - Negative factor: Drill intercepts reported as apparent width only - Negative factor: Historical overestimation by internal Palito lab \(though results are sent to ALS for verification\) Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 40 ## Classification and evidence **Record Production** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company reported 'Record quarterly gold production of 12,090 ounces' in Q3-2025. Evidence · text > Record quarterly gold production of 12,090 ounces **Production Guidance On Track** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company stated, 'The Company remains on track to achieve 2025 consolidated production guidance of 44,000 – 47,000 ounces gold'. Evidence · text > The Company remains on track to achieve 2025 consolidated production guidance of 44,000 – 47,000 ounces gold. **Grade Improvement** Polarity: positive Story-specific tag Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: Gold production increased by 27% vs. Q3-2024, driven by grade improvements at both the Palito Complex and Coringa, with plant feed grades averaging almost 7.0 g/t Au in YTD Q3-2025 compared to 5.43 g/t Au a year ago. Evidence · text > Gold production increased by 27% vs. Q3-2024, driven by grade improvements at both the Palito Complex and Coringa. A year ago, plant feed grades were averaging 5.43 g/t Au, whereas in YTD Q3-2025, grades are almost 7.0 g/t Au. **New Discovery** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company reported the 'Discovery of new orebody at Coringa \(Serra South zone\)'. Evidence · text > Discovery of new orebody at Coringa \(Serra South zone\) **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The company reported 'Strike extension of the Meio zone trend at Coringa' and 'Significant extensions of the Senna orebody to both the north and south at Palito Complex'. Evidence · text > Strike extension of the Meio zone trend at Coringa Significant extensions of the Senna orebody to both the north and south at Palito Complex **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Hole 25-SR-010 returned 0.53m @ 151.00 g/t Au, which is well above the exceptional threshold for underground gold deposits. Evidence · text > Hole 25-SR-010 - 0.53m @ 151.00 g/t Au **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Hole 25-SR-028 included 0.32m @ 322.10 g/t Au, which is well above the exceptional threshold for underground gold deposits. Evidence · text > 0.32m @ 322.10 g/t Au **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release states that 'All drill results above have been sent to ALS for assay testing' and provides a detailed section on QA/QC procedures including independent verification and duplicate samples. Evidence · text > All drill results above have been sent to ALS for assay testing. ‘ALS lab’ denotes the results were assayed and test results received from ALS while ‘Palito lab’ denotes assays drill results sent to ALS for testing but test results are not yet received and therefore represent Serabi internal assay results. On 31 July 2025, The Company published an updated NI 43-101 mineral resource estimate and mineral reserve estimate for its 100% owned Palito Complex, located in Pará State, Brazil, within the Tapajós region. The Technical Report was prepared by NCL Ingeniería y Construcción SpA of Santiago de Chile \( Link to press release \). Mike Hodgson, CEO of Serabi, commented: “We are pleased to report an excellent third quarter, producing 12,090 ounces, by far the best quarter of gold production in Serabi’s history. Year-to-date Q3-2025 gold production of 32,635 ounces is tracking well towards guidance. Development rates remain excellent, with another 3,875m of horizontal development metres recorded. Gold production increased by 27% vs. Q3-2024, driven by grade improvements at both the Palito Complex and Coringa. A year ago, plant feed grades were averaging 5.43 g/t Au, whereas in YTD Q3-2025, grades are almost 7.0 g/t Au. At Coringa, the ore sorter has been a game changer, operating for 9 consecutive months with excellent performance. As reported last quarter, we took advantage of favourable economics and have been using the ore sorter to process low grade ore stockpiled since the Coringa mine opened, whilst higher grade run of mine \(ROM\) has been transported directly to the Palito Complex processing plant. This strategy enabled us to produce more ounces from Coringa this year than originally planned. With this low-grade stockpile now run down, more ROM ore is now passing through the sorter. Mining activity at Coringa is from two sectors, the Serra and Meio zones. The Serra zone has been the backbone of production for the past 3 years, with Meio now in development with the first stopes starting. Both zones are still shallow, with all activity within 200m from surface. At the Serra zone, we are blessed with excellent ground conditions, and as reported last quarter, the Meio zone’s ground conditions are weaker, mostly due to its proximity to surface and the weathered zone. The first attempts at mechanised mining have proved challenging, however I am pleased to say after numerous trials, increased systematic cable bolting, reduced drilling level spacing and improved blasting technology brought very favourable results. The proximity to surface and rock conditions remains somewhat weathered, but as we deepen, we expect conditions to improve, and the development on lower levels is proving this to be the case. At the Serra zone, good rock conditions and superb performance of this ore through the ore sorter has allowed us to introduce more mechanised stoping, which although equates to more dilution, can be simply removed by the ore sorter with the net effect being that mechanised mining is safer, reduces mining costs, and speeds up production. During the quarter, the ramp up of Coringa continued, as we initiated the preparation of the Galena zone, which will be the third portal at Coringa. The Galena zone is expected to contribute significant development ore during 2026. At the Palito Complex, grade continued to improve as the year-to-date 2025 mined grades of 6.21 g/t Au is a significant improvement from 4.56 g/t Au for the same 9 months of 2024. Much of this improvement has come from stoping the Barrichello zone, along with improved grades from the G3 vein on levels -20m and -85m. Our brownfield exploration programme continued at pace, with three active drill rigs at the Palito Complex and three at Coringa, as we target 30,000 metres of drilling this year. The standout results have been the discovery of the Serra South zone at Coringa, approximately 500 metres south of the currently producing Serra zone. We have three rigs at Serra South as we anticipate significant resource growth on the Serra orebody. We’ve also successfully extended the Meio zone trend. At the Palito Complex, the main success to date has been the north and south extensions of the Senna zone. These successes indicate we remain on track of obtaining our Phase II growth goal of increasing the current mineral resource inventory to 1.5Moz Au - 2.0Moz Au. Our cash balance continues to grow, driven by the strong operational performance of our mines. It is with great timing for our cash balance, that the improvement in our gold grades at the Palito Complex and the success of the ore sorter at Coringa has come at a time of unprecedented gold prices. We anticipate further success into the fourth quarter, as our production profile remains on track to meet guidance.” OPERATIONAL RESULTS SUMMARY PRODUCTION STATISTICS FOR 2025 AND 2024 Q1 Q2 Q3 YTD Q1 Q2 Q3 Q4 Fiscal 2025 2025 2025 2025 2024 2024 2024 2024 2024 Group Gold production \(1\)\(2\) Ounces 10,013 10,532 12,090 32,635 9,007 9,003 9,489 10,022 37,521 Mined ore Tonnes 44,924 52,032 51,625 148,581 56,296 59,564 58,682 50,327 224,869 Gold grade \(g/t\) 7.09 6.72 7.24 7.01 5.31 5.06 5.48 6.19 5.49 Milled ore Tonnes 48,155 51,246 53,991 153,392 54,521 55,192 54,579 52,363 216,655 Gold grade \(g/t\) 6.70 6.67 7.18 6.86 5.38 5.31 5.59 6.21 5.62 Horizontal development Metres 3,505 3,850 3,875 11,230 3,131 3,550 3,325 3,129 13,135 Palito Complex Gold production \(1\)\(2\) Ounces 4,666 5,607 5,246 15,519 5,135 4,251 3,648 4,369 17,403 Mined ore Tonnes 25,267 29,294 26,352 80,913 36,471 30,488 26,878 23,642 117,479 Gold grade \(g/t\) 6.15 6.22 6.29 6.22 4.72 4.52 4.34 6.10 4.86 Milled ore Tonnes 24,328 29,885 27,081 81,294 35,861 30,750 27,454 23,719 117,784 Gold grade \(g/t\) 6.25 6.15 6.25 6.21 4.73 4.56 4.33 6.05 4.86 Horizontal development Metres 1,979 2,004 2,074 6,057 2,153 2,315 1,859 1,948 8,275 Coringa Gold production \(1\)\(2\) Ounces 5,347 4,925 6,843 17,115 3,871 4,752 5,841 5,653 20,117 Mined ore Tonnes 19,657 22,738 25,273 67,668 19,825 29,076 31,984 26,685 107,570 Gold grade \(g/t\) 8.31 7.35 8.23 7.96 6.39 5.62 6.44 6.27 6.17 Milled ore Tonnes 23,827 21,361 26,909 72,097 18,660 24,441 27,125 28,645 98,871 Gold grade \(g/t\) 7.17 7.39 8.13 7.59 6.61 6.25 6.87 6.34 6.51 Horizontal development Metres 1,526 1,846 1,801 5,173 978 1,235 1,466 1,181 4,860 \(1\) The table may not sum due to rounding. \(2\) Production numbers are subject to change pending final assay analysis from refineries. Group production for the third quarter was 12,090 ounces. Group ore mined during the quarter was 51,625 tonnes @ 7.24 g/t Au compared to 52,032 tonnes at 6.72 g/t Au for the second quarter of 2025. The Palito Complex process plant treated 53,991 tonnes @ 7.18 g/t Au compared to 51,246 tonnes at 6.67 g/t Au for Q2-2025. A total of 3,875 metres of horizontal development has been completed for the quarter of which 2,016 metres was ore development. The balance was the ramp, crosscuts and stope preparation development. The Coringa Mine continues to perform well. On the Serra zone, production was focused on the levels of 260m, 225m, 195m, and 158m, with development on levels 158m, 143m and 125m. The newly intersected Meio zone is in development with levels 356m, 336m and 318m advanced and stoping ongoing on levels 356m and 336m. The Palito Complex production and development is varied, with production from the Barrichello and G3 zones. Development is ongoing on the Senna, Piquet, G3 and Ramo Senna zones, ranging from upper levels 167m down to -210m level on G3. FINANCE UPDATE Cash balances at the end of September 2025 were $38.8 million, in comparison to the cash balances at the end of December 2024 of $22.2 million. On 6 January 2025 the Company fully repaid its $5.0 million unsecured loan arrangement with Itau Bank in Brazil which carried an interest coupon of 8.47%. On 22 January 2025, the Group secured a new $5.0 million loan from Banco Santander. The Banco Santander loan is repayable as a bullet payment on 21 January 2026 and carries an interest coupon of 6.16%. The Company had a net cash balance at the end of Q3-2025 \(after interest bearing loans and lease liabilities\) of $33.0 million \(31 December 2024: net cash $16.2 million\). FY2025 PRODUCTION GUIDANCE The Company remains on track to achieve 2025 consolidated production guidance of 44,000 – 47,000 ounces gold. About Serabi Gold plc Serabi Gold plc is a gold exploration, development and production company focused on the prolific Tapajós region in Para State, northern Brazil. The Company has consistently produced 30,000 to 40,000 ounces per year with the Palito Complex and is planning to double production in the coming years with the construction of the Coringa Gold project. Serabi Gold plc recently made a copper-gold porphyry discovery on its extensive exploration licence. The Company is headquartered in the United Kingdom with a secondary office in Toronto, Ontario, Canada. The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations \(EU\) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union \(Withdrawal\) Act 2018. The person who arranged for the release of this announcement on behalf of the Company was Andrew Khov, Vice President, Investor Relations & Business Development. Enquiries SERABI GOLD plc Michael Hodgson t + 44 \(0\)20 7246 6830 Chief Executive m +44 \(0\)7799 473621 Colm Howlin Chief Financial Officer m +353 89 6078171 Andrew Khov m +1 647 885 4874 Vice President, Investor Relations & Business Development e contact@serabigold.com www.serabigold.com BEAUMONT CORNISH Limited Nominated Adviser & Financial Adviser Roland Cornish / Michael Cornish t +44 \(0\)20 7628 3396 PEEL HUNT LLP Joint UK Broker Ross Allister / Georgia Langoulant t +44 \(0\)20 7418 9000 TAMESIS PARTNERS LLP Joint UK Broker Charlie Bendon/ Richard Greenfield t +44 \(0\)20 3882 2868 CAMARCO Financial PR - Europe Gordon Poole / Emily Hall t +44 \(0\)20 3757 4980 Assay Results Assay results reported within this release include those provided by the Company's own on-site laboratory facilities at Palito and have not yet been independently verified. Serabi closely monitors the performance of its own facility against results from independent laboratory analysis for quality control purpose. As a matter of normal practice, the Company sends duplicate samples derived from a variety of the Company's activities to accredited laboratory facilities for independent verification. Since mid-2019, over 10,000 exploration drill core samples have been assayed at both the Palito laboratory and certified external laboratory, in most cases the ALS laboratory in Belo Horizonte, Brazil. When comparing significant assays with grades exceeding 1 g/t gold, comparison between Palito versus external results record an average over-estimation by the Palito laboratory of 6.7% over this period. Based on the results of this work, the Company's management are satisfied that the Company's own facility shows sufficiently good correlation with independent laboratory facilities for exploration drill samples. The Company would expect that in the preparation of any future independent Reserve/Resource statement undertaken in compliance with a recognized standard, the independent authors of such a statement would not use Palito assay results without sufficient duplicates from an appropriately certificated laboratory. Forward-looking statements Certain statements in this announcement are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ‘‘believe’’, ‘‘could’’, “should” ‘‘envisage’’, ‘‘estimate’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘will’’ or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors’ current expectations and assumptions regarding the Company’s future growth, results of operations, performance, future capital and other expenditures \(including the amount, nature and sources of funding thereof\), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors’ current beliefs and assumptions and are based on information currently available to the Directors. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions, competition, environmental and other regulatory changes, actions by governmental authorities, the availability of capital markets, reliance on key personnel, uninsured and underinsured losses and other factors, many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with such forward looking statements. Qualified Persons Statement The scientific and technical information contained within this announcement has been reviewed and approved by Michael Hodgson, a Director of the Company. Mr Hodgson is an Economic Geologist by training with over 30 years' experience in the mining industry. He holds a BSc \(Hons\) Geology, University of London, a MSc Mining Geology, University of Leicester and is a Fellow of the Institute of Materials, Minerals and Mining and a Chartered Engineer of the Engineering Council of UK, recognizing him as both a Qualified Person for the purposes of Canadian National Instrument 43-101 and by the AIM Guidance Note on Mining and Oil & Gas Companies dated June 2009. Notice Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it. Neither the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this news release See www.serabigold.com for more information and follow us on X @Serabi\_Gold Attachment 2025.10.14 - Q3 2025 Operational Release - vF **Qualified Person Signed** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Michael Hodgson, a Director of the Company, is recognized as a Qualified Person for the purposes of Canadian National Instrument 43-101 and has reviewed and approved the scientific and technical information. Evidence · text > The scientific and technical information contained within this announcement has been reviewed and approved by Michael Hodgson, a Director of the Company. Mr Hodgson is an Economic Geologist by training with over 30 years' experience in the mining industry. He holds a BSc \(Hons\) Geology, University of London, a MSc Mining Geology, University of Leicester and is a Fellow of the Institute of Materials, Minerals and Mining and a Chartered Engineer of the Engineering Council of UK, recognizing him as both a Qualified Person for the purposes of Canadian National Instrument 43-101 and by the AIM Guidance Note on Mining and Oil & Gas Companies dated June 2009. **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: All drill intercepts are reported with downhole lengths \(e.g., '0.53m'\) without stating the true width or drill orientation. Evidence · text > Hole 25-SR-010 - 0.53m @ 151.00 g/t Au from 60.68m ## Extracted facts Stored fact records: 16. Some facts used in scoring do not have a stored record. ## Drill Results (16) ### 25-SR-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-24) Coringa · gold #### Identity - Hole ID: 25-SR-010 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 151 - Grade Unit: g/t - Intercept: 0.53 m - From: 60.68 m - To: 61.21 m - Intercept Depth: 60.68 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SR-010:60.68-61.21 - Mining Method: underground #### Location - Location: Serra - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows an exceptionally high gold grade, indicating significant mineralization potential in the Serra zone at Coringa. - Positive factor: Exceptional gold grade \(151.00 g/t Au\) - Positive factor: Supports new orebody discovery at Serra South zone - Negative factor: Apparent width only Evidence · text > Hole 25-SR-010 - 0.53m @ 151.00 g/t Au from 60.68m \(ALS lab @ Serra\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SE-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-25) Palito Complex · gold #### Identity - Hole ID: 25-SE-004 - Project: Palito Complex - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 17.99 - Grade Unit: g/t - Intercept: 1.36 m - From: 195.5 m - To: 196.86 m - Intercept Depth: 195.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SE-004:195.5-196.86 - Mining Method: underground #### Location - Location: Senna - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows an exceptional gold grade, confirming significant mineralization in the Senna zone at Palito Complex. - Positive factor: Exceptional gold grade \(17.99 g/t Au\) - Positive factor: Supports extensions of the Senna orebody - Negative factor: Apparent width only Evidence · text > Hole 25-SE-004 - 1.36m @ 17.99 g/t Au from 195.50m including 0.33 m 58.40 g/t \(ALS lab @ Senna\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SE-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-26) Palito Complex · gold #### Identity - Hole ID: 25-SE-004 - Project: Palito Complex - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 58.4 - Grade Unit: g/t - Intercept: 0.33 m - From: 195.5 m - To: 195.83 m - Intercept Depth: 195.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SE-004:195.5-195.83 - Mining Method: underground #### Location - Location: Senna - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This sub-interval shows a bonanza gold grade, highlighting a very high-grade core within the broader intercept in the Senna zone. - Positive factor: Bonanza gold grade \(58.40 g/t Au\) - Positive factor: Supports extensions of the Senna orebody - Negative factor: Apparent width only Evidence · text > 0.33 m 58.40 g/t #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SE-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-27) Palito Complex · gold #### Identity - Hole ID: 25-SE-005 - Project: Palito Complex - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 13.95 - Grade Unit: g/t - Intercept: 0.41 m - From: 40.72 m - To: 41.13 m - Intercept Depth: 40.72 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SE-005:40.72-41.13 - Mining Method: underground #### Location - Location: Senna - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows a strong gold grade, contributing to the understanding of mineralization in the Senna zone. - Positive factor: Strong gold grade \(13.95 g/t Au\) - Positive factor: Supports extensions of the Senna orebody - Negative factor: Apparent width only Evidence · text > Hole 25-SE-005 - 0.41m @ 13.95 g/t Au from 40.72m \(ALS lab @ Senna\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SE-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-28) Palito Complex · gold #### Identity - Hole ID: 25-SE-001 - Project: Palito Complex - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 6.64 - Grade Unit: g/t - Intercept: 3.4 m - From: 274 m - To: 277.4 m - Intercept Depth: 274 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SE-001:274-277.4 - Mining Method: underground #### Location - Location: Senna - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a reasonable width, indicating continued mineralization in the Senna zone. - Positive factor: Moderate gold grade \(6.64 g/t Au\) - Positive factor: Supports extensions of the Senna orebody - Negative factor: Apparent width only Evidence · text > Hole 25-SE-001 - 3.40m @ 6.64 g/t Au from 274.00m including 0.60 m 26.80 g/t \(ALS lab @ Senna\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SE-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-29) Palito Complex · gold #### Identity - Hole ID: 25-SE-001 - Project: Palito Complex - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 26.8 - Grade Unit: g/t - Intercept: 0.6 m - From: 274 m - To: 274.6 m - Intercept Depth: 274 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SE-001:274-274.6 - Mining Method: underground #### Location - Location: Senna - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This sub-interval shows an exceptional gold grade, indicating a high-grade zone within the broader intercept in the Senna zone. - Positive factor: Exceptional gold grade \(26.80 g/t Au\) - Positive factor: Supports extensions of the Senna orebody - Negative factor: Apparent width only Evidence · text > 0.60 m 26.80 g/t #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SR-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-30) Coringa · gold #### Identity - Hole ID: 25-SR-005 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 25.66 - Grade Unit: g/t - Intercept: 0.79 m - From: 117.7 m - To: 118.49 m - Intercept Depth: 117.7 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SR-005:117.7-118.49 - Mining Method: underground #### Location - Location: Serra - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows an exceptional gold grade, indicating strong mineralization in the Serra zone at Coringa. - Positive factor: Exceptional gold grade \(25.66 g/t Au\) - Positive factor: Supports mineralization in the Serra zone - Negative factor: Apparent width only Evidence · text > Hole 25-SR-005 - 0.79m @ 25.66 g/t Au from 117.70m \(ALS lab @ Serra\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SR-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-31) Coringa · gold #### Identity - Hole ID: 25-SR-004 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 58.8 - Grade Unit: g/t - Intercept: 0.25 m - From: 233.62 m - To: 233.87 m - Intercept Depth: 233.62 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SR-004:233.62-233.87 - Mining Method: underground #### Location - Location: Serra - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows a bonanza gold grade, indicating a very high-grade zone in the Serra area. - Positive factor: Bonanza gold grade \(58.80 g/t Au\) - Positive factor: Supports mineralization in the Serra zone - Negative factor: Apparent width only Evidence · text > Hole 25-SR-004 - 0.25m @ 58.80 g/t Au from 233.62m \(ALS lab @ Serra\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-ME-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-32) Coringa · gold #### Identity - Hole ID: 25-ME-002 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 18.45 - Grade Unit: g/t - Intercept: 0.52 m - From: 380.94 m - To: 381.46 m - Intercept Depth: 380.94 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-ME-002:380.94-381.46 - Mining Method: underground #### Location - Location: Meio - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows an exceptional gold grade, confirming significant mineralization in the Meio zone at Coringa. - Positive factor: Exceptional gold grade \(18.45 g/t Au\) - Positive factor: Supports strike extension of the Meio zone trend - Negative factor: Apparent width only Evidence · text > Hole 25-ME-002 - 0.52m @ 18.45 g/t Au from 380.94m \(ALS lab @ Meio\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-PI-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-33) Palito Complex · gold #### Identity - Hole ID: 25-PI-003 - Project: Palito Complex - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 8.9 - Grade Unit: g/t - Intercept: 1 m - From: 373 m - To: 374 m - Intercept Depth: 373 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-PI-003:373-374 - Mining Method: underground #### Location - Location: Piaui - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows a strong gold grade, indicating mineralization in the Piaui zone at Palito Complex. - Positive factor: Strong gold grade \(8.90 g/t Au\) - Negative factor: Apparent width only Evidence · text > Hole 25-PI-003 - 1.00m @ 8.90 g/t Au from 373.00m \(ALS lab @ Piaui\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-AR-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-34) Palito Complex · gold #### Identity - Hole ID: 25-AR-001 - Project: Palito Complex - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 24.2 - Grade Unit: g/t - Intercept: 0.3 m - From: 167.9 m - To: 168.2 m - Intercept Depth: 167.9 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-AR-001:167.9-168.2 - Mining Method: underground #### Location - Location: Arantes - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows an exceptional gold grade, indicating high-grade mineralization in the Arantes zone at Palito Complex. - Positive factor: Exceptional gold grade \(24.20 g/t Au\) - Negative factor: Apparent width only Evidence · text > Hole 25-AR-001 - 0.30m @ 24.20 g/t Au from 167.90m \(ALS lab @ Arantes\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SR-022 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-35) Coringa · gold #### Identity - Hole ID: 25-SR-022 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 67.91 - Grade Unit: g/t - Intercept: 0.25 m - From: 223.92 m - To: 224.17 m - Intercept Depth: 223.92 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SR-022:223.92-224.17 - Mining Method: underground #### Location - Location: Serra - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows a bonanza gold grade, indicating a very high-grade zone in the Serra area, though initial assays were from the internal lab. - Positive factor: Bonanza gold grade \(67.91 g/t Au\) - Positive factor: Supports mineralization in the Serra zone - Negative factor: Apparent width only - Negative factor: Initial assay from internal Palito lab Evidence · text > Hole 25-SR-022 - 0.25m @ 67.91 g/t Au from 223.92m \(Palito lab @ Serra\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SR-024 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-36) Coringa · gold #### Identity - Hole ID: 25-SR-024 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 64.17 - Grade Unit: g/t - Intercept: 0.35 m - From: 192.09 m - To: 192.44 m - Intercept Depth: 192.09 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SR-024:192.09-192.44 - Mining Method: underground #### Location - Location: Serra - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows a bonanza gold grade, indicating a very high-grade zone in the Serra area, though initial assays were from the internal lab. - Positive factor: Bonanza gold grade \(64.17 g/t Au\) - Positive factor: Supports mineralization in the Serra zone - Negative factor: Apparent width only - Negative factor: Initial assay from internal Palito lab Evidence · text > Hole 25-SR-024 - 0.35m @ 64.17 g/t Au from 192.09m \(Palito lab @ Serra\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SR-028 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-37) Coringa · gold #### Identity - Hole ID: 25-SR-028 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 137.48 - Grade Unit: g/t - Intercept: 0.87 m - From: 303 m - To: 303.87 m - Intercept Depth: 303 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SR-028:303-303.87 - Mining Method: underground #### Location - Location: Serra - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows an exceptionally high gold grade, indicating significant mineralization potential in the Serra zone, though initial assays were from the internal lab. - Positive factor: Exceptional gold grade \(137.48 g/t Au\) - Positive factor: Supports mineralization in the Serra zone - Negative factor: Apparent width only - Negative factor: Initial assay from internal Palito lab Evidence · text > Hole 25-SR-028 - 0.87m @ 137.48 g/t Au from 303.00m including 0.32m @ 322.10 g/t Au \(Palito lab @ Serra\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-SR-028 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-38) Coringa · gold #### Identity - Hole ID: 25-SR-028 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 322.1 - Grade Unit: g/t - Intercept: 0.32 m - From: 303 m - To: 303.32 m - Intercept Depth: 303 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-SR-028:303-303.32 - Mining Method: underground #### Location - Location: Serra - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This sub-interval shows a bonanza gold grade, highlighting a very high-grade core within the broader intercept in the Serra zone, though initial assays were from the internal lab. - Positive factor: Bonanza gold grade \(322.10 g/t Au\) - Positive factor: Supports mineralization in the Serra zone - Negative factor: Apparent width only - Negative factor: Initial assay from internal Palito lab Evidence · text > 0.32m @ 322.10 g/t Au #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 25-GA-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/reports-a-record-quarterly-production-in-q3-2025-of-12-090-gold-ounces-and-provi--fa47a33e-2fbe-4e16-a964-6bdf8ebc9fa1#fact-drill-facts-39) Coringa · gold #### Identity - Hole ID: 25-GA-009 - Project: Coringa - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: SBI #### Geometry - Grade: 25.7 - Grade Unit: g/t - Intercept: 0.31 m - From: 308.94 m - To: 309.25 m - Intercept Depth: 308.94 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-GA-009:308.94-309.25 - Mining Method: underground #### Location - Location: Galena - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-14T00:00:00.000Z Reasoning: This intercept shows an exceptional gold grade, indicating high-grade mineralization in the Galena zone at Coringa, which is being prepared for future contribution. - Positive factor: Exceptional gold grade \(25.70 g/t Au\) - Positive factor: Supports mineralization in the Galena zone - Negative factor: Apparent width only Evidence · text > Hole 25-GA-009 – 0.31m @ 25.70 g/t Au from 308.94m \(ALS lab @ Galena\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.