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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521

Original source: https://orestocks.com/company/SBI.TO/press-releases/5338906808596638

Publisher: orestocks

Original announcement: 2026-09-21T05:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-21T05:19:41.018Z

Atlas analysis updated: 2026-09-21T05:19:41.018Z

- 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

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: High-grade gold intercepts from brownfield exploration

- Positive factor: Extension of known mineralization along strike and at depth

- Positive factor: Identification of new structural drill targets and reinterpretation of geological models

- Positive factor: Significant resource growth potential demonstrated by drill results

- Positive factor: Upcoming Mineral Resource Estimate update expected to incorporate new results

- Negative factor: Some reported assay results are from the company's internal laboratory and not yet independently verified

- Negative factor: Internal laboratory has historically shown an average over-estimation of 6.7% compared to external labs

- Negative factor: Intercepts are reported as downhole lengths with no true width stated

- Negative factor: Cut-off grades for compositing are not disclosed

Facts used in scoring: 58

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The release 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 Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All drill intercepts are reported with '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 Undisclosed**

Polarity: negative

Definition: 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 Extension**

Polarity: positive

Definition: 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 Intercept**

Polarity: positive

Definition: 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 Drilling**

Polarity: neutral

Definition: 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 Update**

Polarity: neutral

Definition: 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-053

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-0)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra South

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.65

Context: 0.92

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-053

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-1)

Coringa Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Positive factor: Confirms high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 11.05

Context: 0.38

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-053

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-2)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra South

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.40

Context: 1.06

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-053

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-3)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 5.88

Context: 0.54

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-055

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-4)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports resource growth potential at Serra South

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 11.85

Context: 1.38

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-055

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-5)

Coringa Mine · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 37.10

Context: 0.42

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-055

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-6)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports resource growth potential at Serra South

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 14.65

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-055

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-7)

Coringa Mine · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 57.20

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-058

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-8)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra South

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.48

Context: 0.95

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-059

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-9)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra South

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 5.89

Context: 2.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-059

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-10)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 13.40

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-059

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-11)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra South

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 6.87

Context: 1.19

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-059

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-12)

Coringa Mine · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 16.55

Context: 0.49

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-059

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-13)

Coringa Mine · gold

#### 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 factor: Weak gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra South

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 2.92

Context: 1.15

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-059

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-14)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 5.71

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-062

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-15)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.67

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-062

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-16)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 11.65

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-062

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-17)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 6.85

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-062

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-18)

Coringa Mine · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 25.80

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-063

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-19)

Coringa Mine · gold

#### 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 factor: Weak gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Serra

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 3.12

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SR-063

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-20)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 6.20

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-FC-005

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-21)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Shallow intercept at a satellite target

- Positive factor: Confirms significant gold mineralization outside primary zones

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 10.11

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-FC-005

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-22)

Coringa Mine · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 40.30

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-FC-007

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-23)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Supports mineralization at a satellite target

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 3.78

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-006

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-24)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Shallow intercept at a new target

- Positive factor: Provides initial confirmation of a target defined by anomalies

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.01

Context: 1.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-007

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-25)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Supports resource growth potential at Meio zone

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.51

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-009

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-26)

Coringa Mine · gold

#### 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 factor: Weak gold grade for underground mining

- Positive factor: Supports resource growth potential at Meio zone

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 2.78

Context: 0.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-009

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-27)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 7.56

Context: 0.32

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-010

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-28)

Coringa Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports resource growth potential at Meio zone

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 5.44

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-010

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-29)

Coringa Mine · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 17.05

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-012

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-30)

Coringa Mine · gold

#### 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 factor: Weak gold grade for underground mining

- Positive factor: Supports resource growth potential at Meio zone

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 3.44

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-012

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-31)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 4.93

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-013

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-32)

Coringa Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Positive factor: Supports resource growth potential at Meio zone

- Positive factor: Extends mineralized corridor beyond current mining area

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 16.13

Context: 1.70

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-013

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-33)

Coringa Mine · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 35.59

Context: 0.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-014

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-34)

Coringa Mine · gold

#### 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 factor: Weak gold grade for underground mining

- Positive factor: Supports resource growth potential at Meio zone

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 2.25

Context: 1.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-ME-014

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-35)

Coringa Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 4.58

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-PI-019

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-36)

Palito Complex · gold

#### 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 factor: Broad mineralized interval

- Positive factor: Supports interpretation of a broader mineralized envelope

- Negative factor: Weak gold grade for underground mining

- Negative factor: Apparent width only

Evidence · table

> 1.06

Context: 9.93

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-PI-019

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-37)

Palito Complex · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 6.26

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-PI-019

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-38)

Palito Complex · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.95

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-PI-026

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-39)

Palito Complex · gold

#### 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 factor: Weak gold grade for underground mining

- Positive factor: Supports mineralization at Piauí

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 3.20

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-TA-001

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-40)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms high-grade gold-bearing structures at an early-stage target

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Requires additional geological evaluation for continuity

Evidence · table

> 7.22

Context: 0.28

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-TA-003

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-41)

Palito Complex · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Confirms high-grade gold-bearing structures at an early-stage target

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Requires additional geological evaluation for continuity

Evidence · table

> 6.50

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SE-020

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-42)

Palito Complex · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Confirms continuity of the mineralized structure at Senna

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 3.99

Context: 0.82

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SE-020

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-43)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 11.20

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SE-020

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-44)

Palito Complex · gold

#### 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 factor: Weak gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Senna

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 3.49

Context: 1.02

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SE-020

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-45)

Palito Complex · gold

#### 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 factor: Weak gold grade for underground mining

- Positive factor: Confirms continuity of the mineralized structure at Senna

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 3.62

Context: 1.24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SE-020

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-46)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 5.53

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SE-020

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-47)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms higher-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 6.56

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-SE-020

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-48)

Palito Complex · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Supports continuity of mineralization at Senna

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 3.70

Context: 0.44

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-MS-001

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-49)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Encouraging result from recently initiated drilling at Massa

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 5.95

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-MS-001

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-50)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Encouraging result from recently initiated drilling at Massa

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 5.78

Context: 0.26

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-MS-001

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-51)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Encouraging result from recently initiated drilling at Massa

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 6.12

Context: 1.12

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-MS-001

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-52)

Palito Complex · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 15.20

Context: 0.43

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-GT-009

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-53)

Palito Complex · gold

#### 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 factor: Moderate gold grade for underground mining

- Positive factor: Supports mineralization at G3

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

Evidence · table

> 4.75

Context: 0.36

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-GT-010

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-54)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports mineralization at G3

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 7.41

Context: 1.01

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-GT-010

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-55)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Confirms high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 13.11

Context: 0.36

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-GT-010

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-56)

Palito Complex · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Supports mineralization at G3

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 6.13

Context: 1.39

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### 26-GT-010

[Link to this fact](https://atlas-staging.minestarters.com/news/exploration-update-for-2026-brownfield-exploration-programme-at-palito-and-corin--a721e69d-9f7d-4d1f-948d-ab9d9cd47521#fact-drill-facts-57)

Palito Complex · gold

#### 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 factor: Exceptional bonanza gold grade for underground mining

- Positive factor: Confirms very high-grade zones within the broader intercept

- Negative factor: Very narrow intercept length

- Negative factor: Apparent width only

- Negative factor: Assay results from internal lab, not independently verified

- Negative factor: Internal lab historically over-estimates grades

Evidence · table

> 23.55

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.