# Interim Results

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b

Original source: https://www.londonstockexchange.com/news-article/JAN/interim-results/17811502

Publisher: lse

Original announcement: 2026-09-30T05:00:07.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-30T07:09:07.253Z

Atlas analysis updated: 2026-09-30T07:09:07.253Z

- Company: Jangada Mines plc

- Ticker: JAN

- Exchange: LSE

- Region: Brazil

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Lead, Zinc, Vanadium, Titanium

- Document categories: Drill results, Resource update, Other

- Extracted: 2026-09-30 07:09:07 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Jangada Mines plc announced positive interim results, highlighting significant exploration progress at its Molly gold project in Brazil. New drill results from Molly 1 and Vivi revealed bonanza gold grades and polymetallic mineralization, supporting the potential for a large, multi-pit open-pit development. The company is fully funded for a Phase 2 program at Molly, which aims to refine targets and update the mineral resource estimate, while also maintaining existing gold resources at Paranaíta and a valuable vanadium-titanium project.

Reasoning: The interim results highlight strong exploration success at the Molly gold project, including bonanza gold grades and polymetallic mineralization, alongside a fully funded Phase 2 program aimed at resource growth. The company also maintains a solid financial position and other valuable assets, positioning it for future value creation.

- Positive factor: High-grade gold intercepts at Molly 1 and Vivi, including bonanza grades.

- Positive factor: Polymetallic nature of Molly with significant associated silver, copper, lead, and zinc.

- Positive factor: Potential for a larger shallow open-pit component at Molly based on broader mineralization.

- Positive factor: Fully funded Phase 2 exploration program at Molly to refine targets and update resource estimates.

- Positive factor: Existing gold resources at Paranaíta providing a second growth opportunity.

- Positive factor: Underlying value in the Pitombeiras vanadium-titanium project.

- Positive factor: Strong cash position with over £1 million available to fund exploration.

- Negative factor: The company is not currently generating revenue and reported an operating loss.

- Negative factor: Molly 1 historical resource is JORC \(2004\) Inferred, an older standard requiring verification.

- Negative factor: Molly project is still early stage, requiring further drilling and studies to establish scale and continuity.

- Negative factor: Lack of explicit QA/QC disclosure for drill results.

- Negative factor: Apparent widths reported for drill intercepts without true width disclosure.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 25

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The Vivi project returned a standout sample with 306.2 g/t Au, which is exceptionally high-grade.

Evidence · text

> Vivi returned bonanza grades of up to 306.2 g/t Au

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Molly 1 drill results included high-grade intersections of 21.81 g/t Au and 20.76 g/t Au, which are well above typical gold grades.

Evidence · text

> high-grade veins intersections including 21.81 g/t Au over 0.5m and 20.76 g/t Au over 0.5m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Phase 1 drilling at Molly 1 extended mineralization beyond the existing resource envelope.

Evidence · text

> extended mineralisation beyond the existing resource envelope

**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 reported drill intercepts are given as downhole lengths \(e.g., 'over 0.5m', '14 metres'\) without stating the true width or drill orientation.

Evidence · text

> 21.81 g/t Au over 0.5m

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The release does not contain any explicit disclosure regarding QA/QC procedures, certified laboratories, or QP/CP sign-off for the drill results.

Evidence · text

> Jangada Mines plc \('Jangada' or ‘the Company’\) Interim Results Positioned for growth and value creation

**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 without stating the cut-off grade used for compositing the intervals.

Evidence · text

> 14 metres at 1.19g/t

**Inferred Resource**

Polarity: negative

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

Why it applies: The historical Molly 1 resource is explicitly stated as an Inferred Resource.

Evidence · text

> JORC \(2004\) Inferred Resource of approximately 130,000 oz Au

**Inferred Resource**

Polarity: negative

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

Why it applies: The Paranaíta resource is described as 'internally generated' and part of a 'resource-growth opportunity' with 'preliminary resource modelling', implying it is in the Inferred category.

Evidence · text

> internally generated CBRR-compliant resource of approximately 210,000 oz Au

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The Molly 1 resource is explicitly referred to as a 'historical' resource and is compliant with JORC \(2004\), an older standard.

Evidence · text

> JORC \(2004\) Inferred Resource of approximately 130,000 oz Au

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The company highlights Molly's location within the established Tapajós gold district and geological similarities to Serabi Gold's successful operations in the region as a positive factor.

Evidence · text

> Molly sits within the established Tapajós gold district and displays geological similarities to the high-grade vein-hosted mineralisation successfully exploited by Serabi Gold in the region.

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The Paranaíta resource is described as 'internally generated' and supporting 'preliminary resource modelling', indicating it is the first formal estimate for the company.

Evidence · text

> internally generated CBRR-compliant resource of approximately 210,000 oz Au

## Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

## Drill Results (23)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-0)

Molly · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 21.81
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A very high-grade gold intercept, indicating strong mineralization, though the true width is not specified.

- Positive factor: Exceptional high-grade gold intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 21.81 g/t Au over 0.5m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-1)

Molly · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 20.76
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A very high-grade gold intercept, indicating strong mineralization, though the true width is not specified.

- Positive factor: Exceptional high-grade gold intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 20.76 g/t Au over 0.5m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-2)

Molly · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 1.19
- Grade Unit: g/t
- Intercept: 14 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A broad intercept of gold mineralization, which is material for potential bulk tonnage mining, though true width is not stated.

- Positive factor: Significant width of near-surface gold mineralization, supporting open-pit potential.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 14 metres at 1.19g/t

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-3)

Molly · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 20.7
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A very high-grade gold intercept, indicating strong polymetallic mineralization, though the true width is not specified.

- Positive factor: Exceptional high-grade gold with associated polymetallic mineralization.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 20.70 g/t Au, 0.58% Cu and 6.30 g/t Ag over 0.5 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-4)

Molly · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: copper
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 0.58
- Grade Unit: %
- Intercept: 0.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A good associated copper grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: Significant associated copper grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 0.58% Cu

Context: 20.70 g/t Au, 0.58% Cu and 6.30 g/t Ag over 0.5 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-5)

Molly · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: silver
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 6.3
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An associated silver grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: Associated silver grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 6.30 g/t Ag

Context: 20.70 g/t Au, 0.58% Cu and 6.30 g/t Ag over 0.5 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-6)

Molly · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 11.5
- Grade Unit: g/t
- Intercept: 0.58 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade gold intercept, indicating strong polymetallic mineralization, though the true width is not specified.

- Positive factor: High-grade gold with associated polymetallic mineralization.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 11.50 g/t Au, 21.30 g/t Ag and 0.47% Cu over 0.58 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-7)

Molly · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: silver
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 21.3
- Grade Unit: g/t
- Intercept: 0.58 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A good associated silver grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: Significant associated silver grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 21.30 g/t Ag

Context: 11.50 g/t Au, 21.30 g/t Ag and 0.47% Cu over 0.58 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-8)

Molly · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: copper
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 0.47
- Grade Unit: %
- Intercept: 0.58 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A good associated copper grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: Significant associated copper grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 0.47% Cu

Context: 11.50 g/t Au, 21.30 g/t Ag and 0.47% Cu over 0.58 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-9)

Molly · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 5.75
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade gold intercept, indicating strong polymetallic mineralization, though the true width is not specified.

- Positive factor: High-grade gold with associated polymetallic mineralization.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 5.75 g/t Au, more than 1.0% Cu and 9.00 g/t Ag over 0.50 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 11

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-10)

Molly · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: copper
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 1
- Grade Unit: %
- Intercept: 0.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high associated copper grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: High associated copper grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> more than 1.0% Cu

Context: 5.75 g/t Au, more than 1.0% Cu and 9.00 g/t Ag over 0.50 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-11)

Molly · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Molly
- Commodity: silver
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 9
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An associated silver grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: Associated silver grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 9.00 g/t Ag

Context: 5.75 g/t Au, more than 1.0% Cu and 9.00 g/t Ag over 0.50 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Hole 7A

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-12)

Molly · gold

#### Identity

- Hole ID: Hole 7A
- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 3.11
- Grade Unit: g/t
- Intercept: 0.87 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A good gold grade within a polymetallic intercept, indicating broader mineralization.

- Positive factor: Polymetallic intercept with gold, silver, copper, and lead.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 0.87 metres grading 3.11 g/t Au, 30.40 g/t Ag, 0.13% Cu and 0.24% Pb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Hole 7A

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-13)

Molly · silver

#### Identity

- Hole ID: Hole 7A
- Project: Molly
- Commodity: silver
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 30.4
- Grade Unit: g/t
- Intercept: 0.87 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An associated silver grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: Associated silver grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 30.40 g/t Ag

Context: 0.87 metres grading 3.11 g/t Au, 30.40 g/t Ag, 0.13% Cu and 0.24% Pb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Hole 7A

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-14)

Molly · copper

#### Identity

- Hole ID: Hole 7A
- Project: Molly
- Commodity: copper
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 0.87 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An associated copper grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: Associated copper grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 0.13% Cu

Context: 0.87 metres grading 3.11 g/t Au, 30.40 g/t Ag, 0.13% Cu and 0.24% Pb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Hole 7A

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-15)

Molly · lead

#### Identity

- Hole ID: Hole 7A
- Project: Molly
- Commodity: lead
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 0.24
- Grade Unit: %
- Intercept: 0.87 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An associated lead grade, contributing to the polymetallic nature of the mineralization.

- Positive factor: Associated lead grade in a polymetallic intercept.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 0.24% Pb

Context: 0.87 metres grading 3.11 g/t Au, 30.40 g/t Ag, 0.13% Cu and 0.24% Pb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Hole 7A

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-16)

Molly · lead

#### Identity

- Hole ID: Hole 7A
- Project: Molly
- Commodity: lead
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 1.41
- Grade Unit: %
- Intercept: 5.42 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A notable lead interval, indicating lead mineralization at Molly 2.

- Positive factor: Significant lead interval.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> separate 5.42 metre interval grading 1.41% Pb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Hole 7A

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-17)

Molly · lead

#### Identity

- Hole ID: Hole 7A
- Project: Molly
- Commodity: lead
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 4.97
- Grade Unit: %
- Intercept: 1 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A high-grade lead sub-interval, further highlighting lead mineralization.

- Positive factor: High-grade lead sub-interval.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 1.00 metre at 4.97% Pb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 19

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-18)

Molly · gold

#### Identity

- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 306.2
- Grade Unit: g/t
- Intercept: 1.8 m

#### Classification

- Program: exploration
- Sample Type: surface

#### Location

- Location: Vivi
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: An outstanding bonanza gold grade from surface sampling, suggesting a very high-grade target at Vivi.

- Positive factor: Exceptional bonanza gold grade from exposed veins, indicating significant discovery potential.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Further work required to establish scale and continuity.

Evidence · text

> standout sample from a 1.8-metre-thick mineralised vein returned 306.2 g/t Au, 166.0 g/t Ag, 2.24% Cu, 2.19% Pb and 1.12% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 20

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-19)

Molly · silver

#### Identity

- Project: Molly
- Commodity: silver
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 166
- Grade Unit: g/t
- Intercept: 1.8 m

#### Classification

- Program: exploration
- Sample Type: surface

#### Location

- Location: Vivi
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong silver grade accompanying the bonanza gold, enhancing the polymetallic potential.

- Positive factor: High silver grade associated with bonanza gold mineralization.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 166.0 g/t Ag

Context: standout sample from a 1.8-metre-thick mineralised vein returned 306.2 g/t Au, 166.0 g/t Ag, 2.24% Cu, 2.19% Pb and 1.12% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 21

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-20)

Molly · copper

#### Identity

- Project: Molly
- Commodity: copper
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 2.24
- Grade Unit: %
- Intercept: 1.8 m

#### Classification

- Program: exploration
- Sample Type: surface

#### Location

- Location: Vivi
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong copper grade accompanying the bonanza gold, enhancing the polymetallic potential.

- Positive factor: High copper grade associated with bonanza gold mineralization.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 2.24% Cu

Context: standout sample from a 1.8-metre-thick mineralised vein returned 306.2 g/t Au, 166.0 g/t Ag, 2.24% Cu, 2.19% Pb and 1.12% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 22

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-21)

Molly · lead

#### Identity

- Project: Molly
- Commodity: lead
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 2.19
- Grade Unit: %
- Intercept: 1.8 m

#### Classification

- Program: exploration
- Sample Type: surface

#### Location

- Location: Vivi
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A strong lead grade accompanying the bonanza gold, enhancing the polymetallic potential.

- Positive factor: High lead grade associated with bonanza gold mineralization.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 2.19% Pb

Context: standout sample from a 1.8-metre-thick mineralised vein returned 306.2 g/t Au, 166.0 g/t Ag, 2.24% Cu, 2.19% Pb and 1.12% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-drill-facts-22)

Molly · zinc

#### Identity

- Project: Molly
- Commodity: zinc
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Geometry

- Grade: 1.12
- Grade Unit: %
- Intercept: 1.8 m

#### Classification

- Program: exploration
- Sample Type: surface

#### Location

- Location: Vivi
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A good zinc grade accompanying the bonanza gold, enhancing the polymetallic potential.

- Positive factor: Significant zinc grade associated with bonanza gold mineralization.

- Negative factor: Apparent width only, true width not disclosed.

Evidence · text

> 1.12% Zn

Context: standout sample from a 1.8-metre-thick mineralised vein returned 306.2 g/t Au, 166.0 g/t Ag, 2.24% Cu, 2.19% Pb and 1.12% Zn

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not 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

## Resource Estimates (2)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-resource-facts-23)

Molly · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Molly
- Commodity: gold
- Region: brazil
- Reported Region: Brazil
- Ticker: JAN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:e5c0735a1da7b5789760

#### Resource Data

- Category: inferred
- Tonnes: 2100000
- Grade: 2
- Grade Unit: g/t
- Contained Metal: 130000
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The historical resource provides a starting point but is of low confidence due to its Inferred category and older reporting standard.

- Positive factor: Establishes a baseline resource for the project.

- Negative factor: Resource is entirely Inferred, indicating low geological confidence.

- Negative factor: Estimate is historical \(JORC 2004\), requiring verification to meet current standards.

Evidence · text

> JORC \(2004\) Inferred Resource of approximately 130,000 oz Au from 2.1Mt at 2.0 g/t Au

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/interim-results--b4f9d26b-850a-4cbf-9750-b653fee9b61b#fact-resource-facts-24)

Paranaíta · gold

#### Identity

- Project: Paranaíta
- Commodity: gold
- Region: brazil
- Reported Region: brazil
- Ticker: JAN

#### Resource scope

- Estimate type: resource
- Reporting standards: other

#### Resource Data

- Category: inferred
- Grade: 3.165
- Grade Unit: g/t
- Contained Metal: 210000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: A substantial internally generated gold resource, providing a second growth opportunity, though its category is likely Inferred.

- Positive factor: Establishes a significant gold resource for the project.

- Positive factor: Compliant with CBRR reporting standards.

- Negative factor: Resource is internally generated, implying it may be early-stage or entirely Inferred.

- Negative factor: Tonnage not explicitly stated, only contained metal and grade.

Evidence · text

> internally generated CBRR-compliant resource of approximately 210,000 oz Au at 3.165 g/t

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**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.