# EuroPacific Announces Drill Plan Extension Down to 350 Meters Undercutting the High-Grade Copper Zone at Miguel Vacas Located in Southern Portugal Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/europacific-announces-drill-plan-extension-down-to-350-meters-undercutting-the-h--209c5073-dfde-49c6-9d97-9a7d09949187 Original source: https://money.tmx.com/en/quote/IMC/news/5441910174696783/europacific-announces-drill-plan-extension-down-to-350-meters-undercutting-the-h Publisher: tmx Original announcement: 2024-06-20T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Europacific Metals Inc. - Ticker: EUP - Exchange: TSX - Region: Southern Portugal - Primary commodity: Copper - Secondary commodities: Gold - Document categories: Drill results, Other - Extracted: 2026-08-21 09:47:50 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary EuroPacific Metals is expanding its drill program at the Miguel Vacas copper project in Portugal, adding an undercut hole to test mineralization down to 350 meters. Recent results from hole EBMV001 included a high-grade 22.8m intercept at 2.76% Cu, featuring a significant 1m section at 45.6% Cu. Reasoning: The company reported high-grade copper intercepts \(up to 45.6% Cu\) and is expanding its drill program to test depth extensions, though most of the 10 holes drilled are still awaiting assays. - Positive factor: high-grade copper intercepts - Positive factor: continuity confirmed - Positive factor: expansion of drill plan to depth - Negative factor: most results are still pending Facts used in scoring: 6 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 45.6% Cu is exceptionally high grade. Evidence · text > 1-meter section grading 45.6 % Cu **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: Release mentions ALS Laboratories and use of blanks/standards. Evidence · text > Certified blanks/standards \(CDN-BL10 and CDN-CM41\) are inserted approximately every 20 samples **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling is targeting northern extensions and depth extensions. Evidence · text > EBMV002 projected to test the northern extensions of the known deposit ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### EBMV001 [Link to this fact](https://atlas-staging.minestarters.com/news/europacific-announces-drill-plan-extension-down-to-350-meters-undercutting-the-h--209c5073-dfde-49c6-9d97-9a7d09949187#fact-drill-facts-0) Miguel Vacas · copper #### Identity - Hole ID: EBMV001 - Project: Miguel Vacas - Commodity: copper - Region: southern portugal - Reported Region: Southern Portugal - Ticker: EUP #### Geometry - Grade: 2.76 - Grade Unit: % - Intercept: 22.8 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EBMV001:0-22.8 - Mining Method: open\_pit #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-06-20T00:00:00.000Z Reasoning: 2.76% Cu over 22.8m is a strong intercept for a copper project. - Positive factor: strong grade - Positive factor: continuous intercept Evidence · text > continuous intercept of 22.8m grading 2.76 % Cu ### EBMV001 [Link to this fact](https://atlas-staging.minestarters.com/news/europacific-announces-drill-plan-extension-down-to-350-meters-undercutting-the-h--209c5073-dfde-49c6-9d97-9a7d09949187#fact-drill-facts-1) Miguel Vacas · copper #### Identity - Hole ID: EBMV001 - Project: Miguel Vacas - Commodity: copper - Region: southern portugal - Reported Region: Southern Portugal - Ticker: EUP #### Geometry - Grade: 7.49 - Grade Unit: % - Intercept: 9 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EBMV001:0-22.8 - Mining Method: open\_pit #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-06-20T00:00:00.000Z Reasoning: High grade sub-interval within the main intercept. - Positive factor: high grade Evidence · text > including 9.0 meters grading 7.49 % Cu ### EBMV001 [Link to this fact](https://atlas-staging.minestarters.com/news/europacific-announces-drill-plan-extension-down-to-350-meters-undercutting-the-h--209c5073-dfde-49c6-9d97-9a7d09949187#fact-drill-facts-2) Miguel Vacas · copper #### Identity - Hole ID: EBMV001 - Project: Miguel Vacas - Commodity: copper - Region: southern portugal - Reported Region: Southern Portugal - Ticker: EUP #### Geometry - Grade: 45.6 - Grade Unit: % - Intercept: 1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EBMV001:0-22.8 - Mining Method: open\_pit #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-06-20T00:00:00.000Z Reasoning: 45.6% Cu is an exceptional grade. - Positive factor: bonanza grade Evidence · text > 1-meter section grading 45.6 % Cu ### EBMV001 [Link to this fact](https://atlas-staging.minestarters.com/news/europacific-announces-drill-plan-extension-down-to-350-meters-undercutting-the-h--209c5073-dfde-49c6-9d97-9a7d09949187#fact-drill-facts-3) Miguel Vacas · copper #### Identity - Hole ID: EBMV001 - Project: Miguel Vacas - Commodity: copper - Region: southern portugal - Reported Region: Southern Portugal - Ticker: EUP #### Geometry - Grade: 4.45 - Grade Unit: % - Intercept: 1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EBMV001:0-22.8 - Mining Method: open\_pit #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-06-20T00:00:00.000Z Reasoning: High grade adjacent to bonanza interval. Evidence · text > adjacent 1m interval grading 4.45% Cu ### EBMV002 [Link to this fact](https://atlas-staging.minestarters.com/news/europacific-announces-drill-plan-extension-down-to-350-meters-undercutting-the-h--209c5073-dfde-49c6-9d97-9a7d09949187#fact-drill-facts-4) Miguel Vacas · copper #### Identity - Hole ID: EBMV002 - Project: Miguel Vacas - Commodity: copper - Region: southern portugal - Reported Region: Southern Portugal - Ticker: EUP #### Geometry - Grade: 0.26 - Grade Unit: % - Intercept: 7.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EBMV002:121.6-128.9 - Mining Method: open\_pit #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-06-20T00:00:00.000Z Reasoning: Modest grade but confirms northern extension. - Positive factor: indicates continuity - Negative factor: modest grade Evidence · text > 7.3 m grading 0.26% Cu from 121.60 m ### EBMV002 [Link to this fact](https://atlas-staging.minestarters.com/news/europacific-announces-drill-plan-extension-down-to-350-meters-undercutting-the-h--209c5073-dfde-49c6-9d97-9a7d09949187#fact-drill-facts-5) Miguel Vacas · copper #### Identity - Hole ID: EBMV002 - Project: Miguel Vacas - Commodity: copper - Region: southern portugal - Reported Region: Southern Portugal - Ticker: EUP #### Geometry - Grade: 0.18 - Grade Unit: % - Intercept: 8.45 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EBMV002:132.4-140.85 - Mining Method: open\_pit #### QA/QC - Laboratory: ALS Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-06-20T00:00:00.000Z Reasoning: Low grade intercept. - Negative factor: modest grade Evidence · text > 8.45m grading 0.18 % Cu from 132.4o m ## 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.