Exploration Update for 2026 Brownfield Exploration Programme at Palito and Coringa Delivering High Grade Results

Original announcement by orestocks on

Company
Serabi Gold plc
Ticker
SBI.TO
Exchange
Unavailable
Region
Brazil
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-21 05:19:41 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Serabi Gold plc provided an update on its 2026 brownfield exploration program at the Palito Complex and Coringa Mine in Brazil, reporting numerous high-grade gold drill results. The program, aimed at expanding known resources, delivered significant intercepts including 1.70 m at 16.13 g/t Au at Coringa Meio and 1.38 m at 11.85 g/t Au at Coringa Serra South. These results are expected to contribute to an updated Mineral Resource Estimate in Q1-2027, supporting the company's goal of increasing its total mineral inventory to over 1.5 Moz Au.

Reasoning: Serabi Gold's 2026 brownfield exploration program at Palito and Coringa has yielded numerous high-grade gold intercepts, extending known mineralization and identifying new targets, which strongly supports the company's resource growth strategy. However, the reliance on internal lab results for some assays and the lack of true width disclosure introduce minor uncertainties.

Positive factors

  • High-grade gold intercepts from brownfield exploration
  • Extension of known mineralization along strike and at depth
  • Identification of new structural drill targets and reinterpretation of geological models
  • Significant resource growth potential demonstrated by drill results
  • Upcoming Mineral Resource Estimate update expected to incorporate new results

Negative factors

  • Some reported assay results are from the company's internal laboratory and not yet independently verified
  • Internal laboratory has historically shown an average over-estimation of 6.7% compared to external labs
  • Intercepts are reported as downhole lengths with no true width stated
  • Cut-off grades for compositing are not disclosed

Facts used in scoring: 58

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed section on Assay Results, mentioning the company's own on-site laboratory facilities at Palito and comparison with independent laboratory analysis from ALS, an accredited facility, for quality control purposes, including duplicate samples.

Evidence · text

“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.”

Apparent Width Onlynegative

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 'Interval (m)' which refers to downhole length, and no true width or drill orientation information is provided to estimate true thickness.

Evidence · text

“Interval (m)”

Cut-off Undisclosednegative

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

Why it applies: The document reports drill intercepts with grades and widths but does not state the cut-off grade used for compositing these intervals.

Evidence · text

“Recent highlight intercepts for Coringa’s 2026 brownfield exploration programme include:”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The exploration program's primary objective is to expand known gold resources, and results confirm continuity of mineralization along strike and at depth, extending beyond currently defined resource areas.

Evidence · text

“The primary objective of the 2026 brownfield drill programme is to expand the Company’s known gold resources by targeting high probability near mine mineralization at Palito Complex (“Palito”) and Coringa Mine (“Coringa”)”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Several sub-intervals report exceptionally high gold grades, such as 0.42 m @ 37.10 g/t Au, 0.25 m @ 57.20 g/t Au, 0.25 m @ 40.30 g/t Au, and 0.45 m @ 35.59 g/t Au, which are well above the exceptional threshold for underground gold mining.

Evidence · table

“37.10”

Context: 0.42

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill results are described as 'confirming continuity of the mineralised system along strike and at depth' and 'define a mineralized corridor extending for more than 200 metres beyond the limits of the current underground development', indicating confirmatory drilling to raise resource confidence.

Evidence · text

“confirming continuity of the mineralised system along strike and at depth. Ramp development of Serra South zone commenced in Q2-2026.”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document explicitly states that 'Updated Mineral Resource Estimates for Palito and Coringa' are expected in Q1-2027, incorporating the results from the current exploration program.

Evidence · text

“Updated Mineral Resource Estimates for Palito and Coringa, expected during Q1-2027.”

Extracted facts

Stored fact records: 58. Some facts used in scoring do not have a stored record.

Drill Results (58)

26-SR-053Coringa Mine · goldGrade: 4.65Grade Unit: g/tIntercept: 0.92 mView all details
Link to this fact

Identity

Hole ID
26-SR-053
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.65
Grade Unit
g/t
Intercept
0.92 m
From
76.33 m
To
77.25 m
Intercept Depth
76.33 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-053:76.33-77.25
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the understanding of mineralization continuity at Serra South, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Strong gold grade for underground mining
  • Supports continuity of mineralization at Serra South

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“4.65”

Context: 0.92

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-053Coringa Mine · goldGrade: 11.05Grade Unit: g/tIntercept: 0.38 mView all details
Link to this fact

Identity

Hole ID
26-SR-053
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
11.05
Grade Unit
g/t
Intercept
0.38 m
From
76.87 m
To
77.25 m
Intercept Depth
76.33 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-053:76.87-77.25
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very high-grade sub-interval is an exceptional result for underground gold mining, confirming the presence of bonanza-grade mineralization within the broader intercept at Serra South, despite its very narrow width.

Positive factors

  • Exceptional gold grade for underground mining
  • Confirms high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“11.05”

Context: 0.38

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-053Coringa Mine · goldGrade: 4.4Grade Unit: g/tIntercept: 1.06 mView all details
Link to this fact

Identity

Hole ID
26-SR-053
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
1.06 m
From
94.45 m
To
95.51 m
Intercept Depth
76.33 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-053:94.45-95.51
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, contributing to the understanding of mineralization continuity at Serra South, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Moderate gold grade for underground mining
  • Supports continuity of mineralization at Serra South

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“4.40”

Context: 1.06

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-053Coringa Mine · goldGrade: 5.88Grade Unit: g/tIntercept: 0.54 mView all details
Link to this fact

Identity

Hole ID
26-SR-053
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
5.88
Grade Unit
g/t
Intercept
0.54 m
From
94.97 m
To
95.51 m
Intercept Depth
76.33 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-053:94.97-95.51
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at Serra South, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“5.88”

Context: 0.54

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-055Coringa Mine · goldGrade: 11.85Grade Unit: g/tIntercept: 1.38 mView all details
Link to this fact

Identity

Hole ID
26-SR-055
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
11.85
Grade Unit
g/t
Intercept
1.38 m
From
197.63 m
To
199.01 m
Intercept Depth
197.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-055:197.63-199.01
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, indicating significant mineralization and supporting resource growth potential at Serra South, despite the narrow width and lack of true width information.

Positive factors

  • Strong gold grade for underground mining
  • Supports resource growth potential at Serra South

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“11.85”

Context: 1.38

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-055Coringa Mine · goldGrade: 37.1Grade Unit: g/tIntercept: 0.42 mView all details
Link to this fact

Identity

Hole ID
26-SR-055
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
37.1
Grade Unit
g/t
Intercept
0.42 m
From
197.93 m
To
198.35 m
Intercept Depth
197.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-055:197.93-198.35
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at Serra South, which is highly positive for resource potential despite its very narrow width.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“37.10”

Context: 0.42

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-055Coringa Mine · goldGrade: 14.65Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26-SR-055
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
14.65
Grade Unit
g/t
Intercept
1 m
From
202.12 m
To
203.12 m
Intercept Depth
197.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-055:202.12-203.12
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, indicating significant mineralization and supporting resource growth potential at Serra South, despite the narrow width and lack of true width information.

Positive factors

  • Strong gold grade for underground mining
  • Supports resource growth potential at Serra South

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“14.65”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-055Coringa Mine · goldGrade: 57.2Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-SR-055
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
57.2
Grade Unit
g/t
Intercept
0.25 m
From
202.37 m
To
202.62 m
Intercept Depth
197.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-055:202.37-202.62
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at Serra South, which is highly positive for resource potential despite its very narrow width.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“57.20”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-058Coringa Mine · goldGrade: 4.48Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
26-SR-058
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.48
Grade Unit
g/t
Intercept
0.95 m
From
122.55 m
To
123.5 m
Intercept Depth
122.55 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-058:122.55-123.5
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, contributing to the understanding of mineralization continuity at Serra South, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Moderate gold grade for underground mining
  • Supports continuity of mineralization at Serra South

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“4.48”

Context: 0.95

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-059Coringa Mine · goldGrade: 5.89Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
26-SR-059
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
5.89
Grade Unit
g/t
Intercept
2.2 m
From
233 m
To
235.2 m
Intercept Depth
233 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-059:233-235.2
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the understanding of mineralization continuity at Serra South, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Strong gold grade for underground mining
  • Supports continuity of mineralization at Serra South

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“5.89”

Context: 2.20

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-059Coringa Mine · goldGrade: 13.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
26-SR-059
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
13.4
Grade Unit
g/t
Intercept
0.4 m
From
234.8 m
To
235.2 m
Intercept Depth
233 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-059:234.8-235.2
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at Serra South, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Confirms high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“13.40”

Context: 0.40

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-059Coringa Mine · goldGrade: 6.87Grade Unit: g/tIntercept: 1.19 mView all details
Link to this fact

Identity

Hole ID
26-SR-059
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
6.87
Grade Unit
g/t
Intercept
1.19 m
From
280.81 m
To
282 m
Intercept Depth
233 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-059:280.81-282
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the understanding of mineralization continuity at Serra South, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Strong gold grade for underground mining
  • Supports continuity of mineralization at Serra South

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“6.87”

Context: 1.19

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-059Coringa Mine · goldGrade: 16.55Grade Unit: g/tIntercept: 0.49 mView all details
Link to this fact

Identity

Hole ID
26-SR-059
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
16.55
Grade Unit
g/t
Intercept
0.49 m
From
281.06 m
To
281.55 m
Intercept Depth
233 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-059:281.06-281.55
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at Serra South, which is highly positive for resource potential despite its very narrow width.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“16.55”

Context: 0.49

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-059Coringa Mine · goldGrade: 2.92Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
26-SR-059
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
2.92
Grade Unit
g/t
Intercept
1.15 m
From
298.15 m
To
299.3 m
Intercept Depth
233 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-059:298.15-299.3
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, contributing to the understanding of mineralization continuity at Serra South, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Weak gold grade for underground mining
  • Supports continuity of mineralization at Serra South

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“2.92”

Context: 1.15

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-059Coringa Mine · goldGrade: 5.71Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
26-SR-059
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
5.71
Grade Unit
g/t
Intercept
0.3 m
From
299 m
To
299.3 m
Intercept Depth
233 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-059:299-299.3
Mining Method
underground

Location

Location
Serra South
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at Serra South, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“5.71”

Context: 0.30

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-062Coringa Mine · goldGrade: 4.67Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26-SR-062
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.67
Grade Unit
g/t
Intercept
1 m
From
121.1 m
To
122.1 m
Intercept Depth
121.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-062:121.1-122.1
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, contributing to the understanding of mineralization continuity at Serra, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Moderate gold grade for underground mining
  • Supports continuity of mineralization at Serra

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“4.67”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-062Coringa Mine · goldGrade: 11.65Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
26-SR-062
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
11.65
Grade Unit
g/t
Intercept
0.4 m
From
121.4 m
To
121.8 m
Intercept Depth
121.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-062:121.4-121.8
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at Serra, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Confirms high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“11.65”

Context: 0.40

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-062Coringa Mine · goldGrade: 6.85Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26-SR-062
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
6.85
Grade Unit
g/t
Intercept
1 m
From
354.62 m
To
355.62 m
Intercept Depth
121.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-062:354.62-355.62
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the understanding of mineralization continuity at Serra, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Strong gold grade for underground mining
  • Supports continuity of mineralization at Serra

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“6.85”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-062Coringa Mine · goldGrade: 25.8Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-SR-062
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
25.8
Grade Unit
g/t
Intercept
0.25 m
From
355 m
To
355.25 m
Intercept Depth
121.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-062:355-355.25
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at Serra, which is highly positive for resource potential despite its very narrow width.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“25.80”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-063Coringa Mine · goldGrade: 3.12Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26-SR-063
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
3.12
Grade Unit
g/t
Intercept
1 m
From
510.24 m
To
511.24 m
Intercept Depth
510.24 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-063:510.24-511.24
Mining Method
underground

Location

Location
Serra
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, contributing to the understanding of mineralization continuity at Serra. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Weak gold grade for underground mining
  • Supports continuity of mineralization at Serra

Negative factors

  • Narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“3.12”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SR-063Coringa Mine · goldGrade: 6.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
26-SR-063
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
6.2
Grade Unit
g/t
Intercept
0.5 m
From
510.74 m
To
511.24 m
Intercept Depth
510.24 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SR-063:510.74-511.24
Mining Method
underground

Location

Location
Serra
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This moderate-grade sub-interval confirms higher-grade mineralization within the broader intercept at Serra. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Moderate gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“6.20”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-FC-005Coringa Mine · goldGrade: 10.11Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26-FC-005
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
10.11
Grade Unit
g/t
Intercept
1 m
From
42 m
To
43 m
Intercept Depth
42 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-FC-005:42-43
Mining Method
underground

Location

Location
Cabaça
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This shallow, strong-grade intercept at Cabaça is a highly positive result, confirming significant gold mineralization at a satellite target and demonstrating potential for additional mineralized centers, despite the narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Shallow intercept at a satellite target
  • Confirms significant gold mineralization outside primary zones

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“10.11”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-FC-005Coringa Mine · goldGrade: 40.3Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-FC-005
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
40.3
Grade Unit
g/t
Intercept
0.25 m
From
42.45 m
To
42.7 m
Intercept Depth
42 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-FC-005:42.45-42.7
Mining Method
underground

Location

Location
Cabaça
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at Cabaça, which is highly positive for resource potential despite its very narrow width.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“40.30”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-FC-007Coringa Mine · goldGrade: 3.78Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-FC-007
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
3.78
Grade Unit
g/t
Intercept
0.25 m
From
34.5 m
To
34.75 m
Intercept Depth
34.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-FC-007:34.5-34.75
Mining Method
underground

Location

Location
Cabaça
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a moderate gold grade, providing some support for mineralization at the Cabaça satellite target, but its limited width reduces its individual materiality.

Positive factors

  • Moderate gold grade for underground mining
  • Supports mineralization at a satellite target

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“3.78”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-006Coringa Mine · goldGrade: 4.01Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
26-ME-006
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.01
Grade Unit
g/t
Intercept
1.5 m
From
4.42 m
To
5.92 m
Intercept Depth
4.42 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-006:4.42-5.92
Mining Method
underground

Location

Location
Encosta
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This shallow, moderate-grade intercept at Encosta is a positive initial result, confirming a new target and supporting an open strike opportunity, despite the narrow width.

Positive factors

  • Moderate gold grade for underground mining
  • Shallow intercept at a new target
  • Provides initial confirmation of a target defined by anomalies

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“4.01”

Context: 1.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-007Coringa Mine · goldGrade: 4.51Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
26-ME-007
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.51
Grade Unit
g/t
Intercept
0.35 m
From
181 m
To
181.35 m
Intercept Depth
181 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-007:181-181.35
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a moderate gold grade, contributing to the resource growth potential at the Meio zone, but its limited width reduces its individual materiality.

Positive factors

  • Moderate gold grade for underground mining
  • Supports resource growth potential at Meio zone

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“4.51”

Context: 0.35

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-009Coringa Mine · goldGrade: 2.78Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
26-ME-009
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
2.78
Grade Unit
g/t
Intercept
0.9 m
From
96.47 m
To
97.37 m
Intercept Depth
96.47 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-009:96.47-97.37
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, contributing to the resource growth potential at the Meio zone, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Weak gold grade for underground mining
  • Supports resource growth potential at Meio zone

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“2.78”

Context: 0.90

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-009Coringa Mine · goldGrade: 7.56Grade Unit: g/tIntercept: 0.32 mView all details
Link to this fact

Identity

Hole ID
26-ME-009
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
7.56
Grade Unit
g/t
Intercept
0.32 m
From
96.8 m
To
97.12 m
Intercept Depth
96.47 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-009:96.8-97.12
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at Meio, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Confirms high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“7.56”

Context: 0.32

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-010Coringa Mine · goldGrade: 5.44Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26-ME-010
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
5.44
Grade Unit
g/t
Intercept
1 m
From
171.7 m
To
172.7 m
Intercept Depth
171.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-010:171.7-172.7
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the resource growth potential at the Meio zone, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Strong gold grade for underground mining
  • Supports resource growth potential at Meio zone

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“5.44”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-010Coringa Mine · goldGrade: 17.05Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-ME-010
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
17.05
Grade Unit
g/t
Intercept
0.25 m
From
172 m
To
172.25 m
Intercept Depth
171.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-010:172-172.25
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at Meio, which is highly positive for resource potential despite its very narrow width.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“17.05”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-012Coringa Mine · goldGrade: 3.44Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26-ME-012
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
3.44
Grade Unit
g/t
Intercept
1 m
From
27.95 m
To
28.95 m
Intercept Depth
27.95 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-012:27.95-28.95
Mining Method
underground

Location

Location
Meio
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, contributing to the resource growth potential at the Meio zone. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Weak gold grade for underground mining
  • Supports resource growth potential at Meio zone

Negative factors

  • Narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“3.44”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-012Coringa Mine · goldGrade: 4.93Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
26-ME-012
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.93
Grade Unit
g/t
Intercept
0.4 m
From
28.25 m
To
28.65 m
Intercept Depth
27.95 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-012:28.25-28.65
Mining Method
underground

Location

Location
Meio
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This moderate-grade sub-interval confirms higher-grade mineralization within the broader intercept at Meio. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Moderate gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“4.93”

Context: 0.40

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-013Coringa Mine · goldGrade: 16.13Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
26-ME-013
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
16.13
Grade Unit
g/t
Intercept
1.7 m
From
92.55 m
To
94.25 m
Intercept Depth
92.55 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-013:92.55-94.25
Mining Method
underground

Location

Location
Meio
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade, significantly supporting resource growth potential and extending the mineralized corridor at the Meio zone. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Exceptional gold grade for underground mining
  • Supports resource growth potential at Meio zone
  • Extends mineralized corridor beyond current mining area

Negative factors

  • Narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“16.13”

Context: 1.70

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-013Coringa Mine · goldGrade: 35.59Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
26-ME-013
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
35.59
Grade Unit
g/t
Intercept
0.45 m
From
92.55 m
To
93 m
Intercept Depth
92.55 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-013:92.55-93
Mining Method
underground

Location

Location
Meio
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at Meio, which is highly positive for resource potential. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“35.59”

Context: 0.45

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-014Coringa Mine · goldGrade: 2.25Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
26-ME-014
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
2.25
Grade Unit
g/t
Intercept
1.1 m
From
98.62 m
To
99.72 m
Intercept Depth
98.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-014:98.62-99.72
Mining Method
underground

Location

Location
Meio
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, contributing to the resource growth potential at the Meio zone. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Weak gold grade for underground mining
  • Supports resource growth potential at Meio zone

Negative factors

  • Narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“2.25”

Context: 1.10

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-ME-014Coringa Mine · goldGrade: 4.58Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
26-ME-014
Project
Coringa Mine
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.58
Grade Unit
g/t
Intercept
0.35 m
From
98.87 m
To
99.22 m
Intercept Depth
98.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-ME-014:98.87-99.22
Mining Method
underground

Location

Location
Meio
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This moderate-grade sub-interval confirms higher-grade mineralization within the broader intercept at Meio. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Moderate gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“4.58”

Context: 0.35

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-PI-019Palito Complex · goldGrade: 1.06Grade Unit: g/tIntercept: 9.93 mView all details
Link to this fact

Identity

Hole ID
26-PI-019
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
1.06
Grade Unit
g/t
Intercept
9.93 m
From
79.07 m
To
89 m
Intercept Depth
79.07 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-PI-019:79.07-89
Mining Method
underground

Location

Location
Piauí
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This broad intercept, while having a weak gold grade for underground mining, supports the interpretation of a larger mineralized envelope at Piauí, which is positive for overall resource potential despite the low grade.

Positive factors

  • Broad mineralized interval
  • Supports interpretation of a broader mineralized envelope

Negative factors

  • Weak gold grade for underground mining
  • Apparent width only

Evidence · table

“1.06”

Context: 9.93

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-PI-019Palito Complex · goldGrade: 6.26Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-PI-019
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
6.26
Grade Unit
g/t
Intercept
0.25 m
From
84.75 m
To
85 m
Intercept Depth
79.07 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-PI-019:84.75-85
Mining Method
underground

Location

Location
Piauí
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This moderate-grade sub-interval confirms higher-grade mineralization within the broader intercept at Piauí, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Moderate gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“6.26”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-PI-019Palito Complex · goldGrade: 4.95Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-PI-019
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.95
Grade Unit
g/t
Intercept
0.25 m
From
85 m
To
85.25 m
Intercept Depth
79.07 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-PI-019:85-85.25
Mining Method
underground

Location

Location
Piauí
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This moderate-grade sub-interval confirms higher-grade mineralization within the broader intercept at Piauí, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Moderate gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“4.95”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-PI-026Palito Complex · goldGrade: 3.2Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
26-PI-026
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
3.2
Grade Unit
g/t
Intercept
0.4 m
From
123.2 m
To
123.6 m
Intercept Depth
123.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-PI-026:123.2-123.6
Mining Method
underground

Location

Location
Piauí
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a weak gold grade, providing some support for mineralization at Piauí, but its limited width reduces its individual materiality.

Positive factors

  • Weak gold grade for underground mining
  • Supports mineralization at Piauí

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“3.20”

Context: 0.40

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-TA-001Palito Complex · goldGrade: 7.22Grade Unit: g/tIntercept: 0.28 mView all details
Link to this fact

Identity

Hole ID
26-TA-001
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
7.22
Grade Unit
g/t
Intercept
0.28 m
From
122.22 m
To
122.5 m
Intercept Depth
122.22 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-TA-001:122.22-122.5
Mining Method
underground

Location

Location
Tatu
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a strong gold grade, confirming high-grade structures at the early-stage Tatu target, which is positive for exploration potential, but requires further evaluation for continuity.

Positive factors

  • Strong gold grade for underground mining
  • Confirms high-grade gold-bearing structures at an early-stage target

Negative factors

  • Very narrow intercept length
  • Apparent width only
  • Requires additional geological evaluation for continuity

Evidence · table

“7.22”

Context: 0.28

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-TA-003Palito Complex · goldGrade: 6.5Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-TA-003
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
6.5
Grade Unit
g/t
Intercept
0.25 m
From
57.25 m
To
57.5 m
Intercept Depth
57.25 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-TA-003:57.25-57.5
Mining Method
underground

Location

Location
Tatu
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a moderate gold grade, confirming high-grade structures at the early-stage Tatu target, which is positive for exploration potential, but requires further evaluation for continuity.

Positive factors

  • Moderate gold grade for underground mining
  • Confirms high-grade gold-bearing structures at an early-stage target

Negative factors

  • Very narrow intercept length
  • Apparent width only
  • Requires additional geological evaluation for continuity

Evidence · table

“6.50”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SE-020Palito Complex · goldGrade: 3.99Grade Unit: g/tIntercept: 0.82 mView all details
Link to this fact

Identity

Hole ID
26-SE-020
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
3.99
Grade Unit
g/t
Intercept
0.82 m
From
48.22 m
To
49.04 m
Intercept Depth
48.22 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SE-020:48.22-49.04
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, confirming the continuity of the mineralized structure at Senna, which is positive for resource potential, despite the narrow width.

Positive factors

  • Moderate gold grade for underground mining
  • Confirms continuity of the mineralized structure at Senna

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“3.99”

Context: 0.82

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SE-020Palito Complex · goldGrade: 11.2Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-SE-020
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
11.2
Grade Unit
g/t
Intercept
0.25 m
From
48.79 m
To
49.04 m
Intercept Depth
48.22 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SE-020:48.79-49.04
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at Senna, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Confirms high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“11.20”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SE-020Palito Complex · goldGrade: 3.49Grade Unit: g/tIntercept: 1.02 mView all details
Link to this fact

Identity

Hole ID
26-SE-020
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
3.49
Grade Unit
g/t
Intercept
1.02 m
From
52.81 m
To
53.83 m
Intercept Depth
48.22 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SE-020:52.81-53.83
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, contributing to the continuity of mineralization at Senna, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Weak gold grade for underground mining
  • Supports continuity of mineralization at Senna

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“3.49”

Context: 1.02

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SE-020Palito Complex · goldGrade: 3.62Grade Unit: g/tIntercept: 1.24 mView all details
Link to this fact

Identity

Hole ID
26-SE-020
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
3.62
Grade Unit
g/t
Intercept
1.24 m
From
238.95 m
To
240.19 m
Intercept Depth
48.22 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SE-020:238.95-240.19
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, contributing to the continuity of mineralization at Senna, although the narrow width and lack of true width information limit its individual materiality.

Positive factors

  • Weak gold grade for underground mining
  • Confirms continuity of the mineralized structure at Senna

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“3.62”

Context: 1.24

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SE-020Palito Complex · goldGrade: 5.53Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
26-SE-020
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
5.53
Grade Unit
g/t
Intercept
0.35 m
From
239.24 m
To
239.59 m
Intercept Depth
48.22 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SE-020:239.24-239.59
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at Senna, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“5.53”

Context: 0.35

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SE-020Palito Complex · goldGrade: 6.56Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
26-SE-020
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
6.56
Grade Unit
g/t
Intercept
0.35 m
From
239.6 m
To
239.94 m
Intercept Depth
48.22 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SE-020:239.6-239.94
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at Senna, providing positive indications for resource potential despite its very narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Confirms higher-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“6.56”

Context: 0.35

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-SE-020Palito Complex · goldGrade: 3.7Grade Unit: g/tIntercept: 0.44 mView all details
Link to this fact

Identity

Hole ID
26-SE-020
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
3.7
Grade Unit
g/t
Intercept
0.44 m
From
250.92 m
To
251.36 m
Intercept Depth
48.22 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-SE-020:250.92-251.36
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a moderate gold grade, contributing to the continuity of mineralization at Senna, but its limited width reduces its individual materiality.

Positive factors

  • Moderate gold grade for underground mining
  • Supports continuity of mineralization at Senna

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“3.70”

Context: 0.44

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-MS-001Palito Complex · goldGrade: 5.95Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-MS-001
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
5.95
Grade Unit
g/t
Intercept
0.25 m
From
68.61 m
To
68.86 m
Intercept Depth
68.61 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-MS-001:68.61-68.86
Mining Method
underground

Location

Location
Massa
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a strong gold grade, providing an encouraging initial result from the Massa target, which is positive for exploration potential despite its limited width.

Positive factors

  • Strong gold grade for underground mining
  • Encouraging result from recently initiated drilling at Massa

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“5.95”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-MS-001Palito Complex · goldGrade: 5.78Grade Unit: g/tIntercept: 0.26 mView all details
Link to this fact

Identity

Hole ID
26-MS-001
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
5.78
Grade Unit
g/t
Intercept
0.26 m
From
134.67 m
To
134.93 m
Intercept Depth
68.61 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-MS-001:134.67-134.93
Mining Method
underground

Location

Location
Massa
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a strong gold grade, providing an encouraging initial result from the Massa target, which is positive for exploration potential despite its limited width.

Positive factors

  • Strong gold grade for underground mining
  • Encouraging result from recently initiated drilling at Massa

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“5.78”

Context: 0.26

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-MS-001Palito Complex · goldGrade: 6.12Grade Unit: g/tIntercept: 1.12 mView all details
Link to this fact

Identity

Hole ID
26-MS-001
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
6.12
Grade Unit
g/t
Intercept
1.12 m
From
144.05 m
To
145.17 m
Intercept Depth
68.61 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-MS-001:144.05-145.17
Mining Method
underground

Location

Location
Massa
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, providing an encouraging initial result from the Massa target, which is positive for exploration potential despite the narrow width.

Positive factors

  • Strong gold grade for underground mining
  • Encouraging result from recently initiated drilling at Massa

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“6.12”

Context: 1.12

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-MS-001Palito Complex · goldGrade: 15.2Grade Unit: g/tIntercept: 0.43 mView all details
Link to this fact

Identity

Hole ID
26-MS-001
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
15.2
Grade Unit
g/t
Intercept
0.43 m
From
144.74 m
To
145.17 m
Intercept Depth
68.61 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-MS-001:144.74-145.17
Mining Method
underground

Location

Location
Massa
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at Massa, which is highly positive for resource potential despite its very narrow width.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“15.20”

Context: 0.43

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-GT-009Palito Complex · goldGrade: 4.75Grade Unit: g/tIntercept: 0.36 mView all details
Link to this fact

Identity

Hole ID
26-GT-009
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
4.75
Grade Unit
g/t
Intercept
0.36 m
From
371.02 m
To
371.38 m
Intercept Depth
371.02 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-GT-009:371.02-371.38
Mining Method
underground

Location

Location
G3
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a moderate gold grade, providing some support for mineralization at G3, but its limited width reduces its individual materiality.

Positive factors

  • Moderate gold grade for underground mining
  • Supports mineralization at G3

Negative factors

  • Very narrow intercept length
  • Apparent width only

Evidence · table

“4.75”

Context: 0.36

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-GT-010Palito Complex · goldGrade: 7.41Grade Unit: g/tIntercept: 1.01 mView all details
Link to this fact

Identity

Hole ID
26-GT-010
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
7.41
Grade Unit
g/t
Intercept
1.01 m
From
431.09 m
To
432.1 m
Intercept Depth
431.09 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-GT-010:431.09-432.1
Mining Method
underground

Location

Location
G3
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the understanding of mineralization at G3. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Strong gold grade for underground mining
  • Supports mineralization at G3

Negative factors

  • Narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“7.41”

Context: 1.01

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-GT-010Palito Complex · goldGrade: 13.11Grade Unit: g/tIntercept: 0.36 mView all details
Link to this fact

Identity

Hole ID
26-GT-010
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
13.11
Grade Unit
g/t
Intercept
0.36 m
From
431.09 m
To
431.45 m
Intercept Depth
431.09 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-GT-010:431.09-431.45
Mining Method
underground

Location

Location
G3
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This strong-grade sub-interval confirms higher-grade mineralization within the broader intercept at G3. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Strong gold grade for underground mining
  • Confirms high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“13.11”

Context: 0.36

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-GT-010Palito Complex · goldGrade: 6.13Grade Unit: g/tIntercept: 1.39 mView all details
Link to this fact

Identity

Hole ID
26-GT-010
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
6.13
Grade Unit
g/t
Intercept
1.39 m
From
483.61 m
To
485 m
Intercept Depth
431.09 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-GT-010:483.61-485
Mining Method
underground

Location

Location
G3
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the understanding of mineralization at G3. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Strong gold grade for underground mining
  • Supports mineralization at G3

Negative factors

  • Narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“6.13”

Context: 1.39

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

26-GT-010Palito Complex · goldGrade: 23.55Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
26-GT-010
Project
Palito Complex
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
SBI.TO

Geometry

Grade
23.55
Grade Unit
g/t
Intercept
0.25 m
From
483.96 m
To
484.21 m
Intercept Depth
431.09 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-GT-010:483.96-484.21
Mining Method
underground

Location

Location
G3
Loc. Source
document

QA/QC

Laboratory
Palito
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, confirming the presence of very high-grade mineralization at G3, which is highly positive for resource potential. However, the results are from the internal lab and not independently verified, with a historical over-estimation, which lowers confidence.

Positive factors

  • Exceptional bonanza gold grade for underground mining
  • Confirms very high-grade zones within the broader intercept

Negative factors

  • Very narrow intercept length
  • Apparent width only
  • Assay results from internal lab, not independently verified
  • Internal lab historically over-estimates grades

Evidence · table

“23.55”

Context: 0.25

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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.