# Pan Global Expands Near-Surface High-Grade Gold Discovery at C&\#xE1;rmenes Project, Spain: Drillholes Return 7.29g/t Au Over 9 Meters and 1.53g/t Au Over 38 Meters

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581

Original source: https://orestocks.com/company/PGZ.V/press-releases/5721821860069003

Publisher: orestocks

Original announcement: 2026-10-14T11:38:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-14T13:05:20.443Z

Atlas analysis updated: 2026-10-14T13:05:20.443Z

- Company: Pan Global Resources Inc.

- Ticker: PGZ.V

- Exchange: Unavailable

- Region: northern Spain

- Primary commodity: Gold

- Secondary commodities: Platinum, Palladium, Copper, Nickel, Cobalt, Silver

- Document categories: Drill results, Other

- Extracted: 2026-10-14 13:05:21 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Pan Global Resources has reported high-grade gold drill results at the Providencia target of the Cármenes Project in Spain, including an intercept of 7.29 g/t Au over 9.0 meters. The results also show broad near-surface mineralization and polymetallic credits, with evidence suggesting grades may strengthen at depth.

Reasoning: The release reports significant new high-grade gold intercepts and broad mineralization at the Providencia target, confirming an expanding discovery with strong QA/QC protocols.

- Positive factor: High-grade gold intercepts \(7.29 g/t over 9m\)

- Positive factor: Bonanza grade sub-interval \(28.10 g/t over 2m\)

- Positive factor: Broad mineralization \(1.53 g/t over 38m\)

- Positive factor: Polymetallic credits \(Pt, Pd, Cu, Ni, Co\)

- Positive factor: Evidence of strengthening grades at depth

- Positive factor: QA/QC disclosed with certified lab and QP sign-off

- Negative factor: Apparent width only \(true width not stated\)

Facts used in scoring: 27

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

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

Why it applies: 28.10 g/t Au is exceptionally high grade.

Evidence · text

> 28.10g/t Au over 2.0 meters

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: Release details sampling, duplicate, and standard protocols.

Evidence · text

> Certified Reference materials inserted every 25 samples

**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 intervals are downhole lengths with no true width stated.

Evidence · text

> All reported drill intervals are downhole lengths.

## Extracted facts

Stored fact records: 27. Some facts used in scoring do not have a stored record.

## Drill Results (27)

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-0)

Cármenes · gold

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 7.29
- Grade Unit: g/t
- Intercept: 9 m
- From: 1 m
- To: 10 m
- Intercept Depth: 1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD18:1-10
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: 7.29 g/t over 9m is a strong intercept for an exploration target.

- Positive factor: Strong grade and width

Evidence · text

> PVD18: 7.29g/t Au over 9.0 meters

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-1)

Cármenes · gold

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 28.1
- Grade Unit: g/t
- Intercept: 2 m
- From: 7 m
- To: 9 m
- Intercept Depth: 1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD18:7-9
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: 28.10 g/t is an exceptional high-grade zone.

- Positive factor: Bonanza grade

Evidence · text

> including 28.10g/t Au over 2.0 meters

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-2)

Cármenes · gold

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 1.53
- Grade Unit: g/t
- Intercept: 38 m
- From: 17 m
- To: 55 m
- Intercept Depth: 17 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD17:17-55
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Significant width of 38m provides continuity signal.

- Positive factor: Broad mineralization

Evidence · text

> PVD17: 1.53g/t Au over 38.0 meters

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-3)

Cármenes · gold

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 2.25
- Grade Unit: g/t
- Intercept: 25 m
- From: 29 m
- To: 54 m
- Intercept Depth: 17 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD17:29-54
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: High grade sub-interval within the main intercept.

Evidence · text

> including 2.25g/t Au over 25.0 meters

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-4)

Cármenes · platinum

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: platinum
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.72
- Grade Unit: g/t
- Intercept: 2 m
- From: 7 m
- To: 9 m
- Intercept Depth: 1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD18:7-9
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Polymetallic credit reported.

Evidence · table

> 0.72

Context: 2.0

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-5)

Cármenes · palladium

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: palladium
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 2 m
- From: 7 m
- To: 9 m
- Intercept Depth: 1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PVD18:7-9
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Polymetallic credit reported.

Evidence · table

> 0.24

Context: 2.0

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-6)

Cármenes · gold

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 1.2
- Grade Unit: g/t
- Intercept: 1 m
- From: 0 m
- To: 1 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: PVD17:0-1
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 1.2 g/t gold is moderate against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 1.2 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.20

Context: PVD17

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-7)

Cármenes · silver

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 4.5
- Grade Unit: g/t
- Intercept: 1 m
- From: 0 m
- To: 1 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: PVD17:0-1
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 4.5 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 4.5 g/t·m is below.

- Negative factor: 4.5 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.5

Context: PVD17

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-8)

Cármenes · copper

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 1.02
- Grade Unit: %
- Intercept: 1 m
- From: 0 m
- To: 1 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: PVD17:0-1
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 1.02 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 1.0 %·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 1.02 % copper is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.02

Context: PVD17

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-9)

Cármenes · nickel

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.75
- Grade Unit: %
- Intercept: 1 m
- From: 0 m
- To: 1 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: PVD17:0-1
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.75 % nickel is weak against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.75

Context: PVD17

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-10)

Cármenes · cobalt

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.36
- Grade Unit: %
- Intercept: 1 m
- From: 0 m
- To: 1 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: PVD17:0-1
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.36 % cobalt is strong against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Positive factor: 0.36 % cobalt is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.36

Context: PVD17

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-11)

Cármenes · gold

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 3.18
- Grade Unit: g/t
- Intercept: 10 m
- From: 38 m
- To: 48 m
- Intercept Depth: 38 m

#### Classification

- Sample Type: drill
- Group ID: PVD17:38-48
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 3.18 g/t gold is strong against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 31.8 g/t·m is moderate \(grade alone is strong; the better of the two is used\).

- Positive factor: 3.18 g/t gold is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.18

Context: PVD17

#### 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

### PVD17

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-12)

Cármenes · gold

#### Identity

- Hole ID: PVD17
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 3.7
- Grade Unit: g/t
- Intercept: 2 m
- From: 51 m
- To: 53 m
- Intercept Depth: 51 m

#### Classification

- Sample Type: drill
- Group ID: PVD17:51-53
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 3.7 g/t gold is strong against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 7.4 g/t·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 3.7 g/t gold is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.70

Context: PVD17

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-13)

Cármenes · silver

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 9 m
- From: 1 m
- To: 10 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-10
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 1.1 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 9.9 g/t·m is below.

- Negative factor: 1.1 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.1

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-14)

Cármenes · copper

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 9 m
- From: 1 m
- To: 10 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-10
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.2 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 1.8 %·m is below.

- Negative factor: 0.2 % copper is below the weak threshold \(0.25 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.20

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-15)

Cármenes · nickel

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.17
- Grade Unit: %
- Intercept: 9 m
- From: 1 m
- To: 10 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-10
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.17 % nickel is below against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: 0.17 % nickel is below the weak threshold \(0.3 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.17

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-16)

Cármenes · cobalt

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 9 m
- From: 1 m
- To: 10 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-10
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.06 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.06

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-17)

Cármenes · gold

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.49
- Grade Unit: g/t
- Intercept: 3 m
- From: 1 m
- To: 4 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-4
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.49 g/t gold is weak against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 1.5 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.49

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-18)

Cármenes · silver

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: silver
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 2.8
- Grade Unit: g/t
- Intercept: 3 m
- From: 1 m
- To: 4 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-4
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 2.8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 8.4 g/t·m is below.

- Negative factor: 2.8 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.8

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-19)

Cármenes · copper

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: copper
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.59
- Grade Unit: %
- Intercept: 3 m
- From: 1 m
- To: 4 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-4
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.59 % copper is moderate against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 1.8 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.59

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-20)

Cármenes · nickel

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 3 m
- From: 1 m
- To: 4 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-4
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.51 % nickel is weak against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.51

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-21)

Cármenes · cobalt

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.16
- Grade Unit: %
- Intercept: 3 m
- From: 1 m
- To: 4 m
- Intercept Depth: 1 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:1-4
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.16 % cobalt is moderate against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.16

Context: PVD18

#### 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

### PVD18

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-22)

Cármenes · gold

#### Identity

- Hole ID: PVD18
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 15.9
- Grade Unit: g/t
- Intercept: 4 m
- From: 5 m
- To: 9 m
- Intercept Depth: 5 m

#### Classification

- Sample Type: drill
- Group ID: PVD18:5-9
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 15.9 g/t gold is exceptional against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 63.6 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 15.9 g/t gold is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 15.90

Context: PVD18

#### 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

### PVD19

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-23)

Cármenes · gold

#### Identity

- Hole ID: PVD19
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 2.57
- Grade Unit: g/t
- Intercept: 2 m
- From: 0 m
- To: 2 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: PVD19:0-2
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 2.57 g/t gold is strong against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 5.1 g/t·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 2.57 g/t gold is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.57

Context: PVD19

#### 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

### PVD19

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-24)

Cármenes · gold

#### Identity

- Hole ID: PVD19
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 2.46
- Grade Unit: g/t
- Intercept: 6 m
- From: 14 m
- To: 20 m
- Intercept Depth: 14 m

#### Classification

- Sample Type: drill
- Group ID: PVD19:14-20
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 2.46 g/t gold is strong against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 14.8 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 2.46 g/t gold is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.46

Context: PVD19

#### 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

### PVD19

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-25)

Cármenes · gold

#### Identity

- Hole ID: PVD19
- Project: Cármenes
- Commodity: gold
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 1.6
- Grade Unit: g/t
- Intercept: 2 m
- From: 27 m
- To: 29 m
- Intercept Depth: 27 m

#### Classification

- Sample Type: drill
- Group ID: PVD19:27-29
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 1.6 g/t gold is moderate against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 3.2 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.60

Context: PVD19

#### 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

### PVD19

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-expands-near-surface-high-grade-gold-discovery-at-c-xe1-rmenes-projec--f5ad69c0-8994-4915-9866-85906add9581#fact-drill-facts-26)

Cármenes · nickel

#### Identity

- Hole ID: PVD19
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 2 m
- From: 27 m
- To: 29 m
- Intercept Depth: 27 m

#### Classification

- Sample Type: drill
- Group ID: PVD19:27-29
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.01 % nickel is below against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: 0.01 % nickel is below the weak threshold \(0.3 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.01

Context: PVD19

#### 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.