PAN GLOBAL INTERCEPTS NEAR-SURFACE HIGH-GRADE GOLD AT THE CÁRMENES PROJECT, SPAIN

Original announcement by tmx on

Company
Pan Global Resources Inc.
Ticker
PGZ
Exchange
TSX
Region
northern Spain
Primary commodity
Gold
Secondary commodities
Silver, Copper, Nickel, Cobalt
Document categories
Drill results
Extracted
2026-08-24 07:14:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Pan Global reported high-grade gold intercepts at the Providencia target of the Cármenes Project, including 5.8 g/t Au over 4m. The results confirm mineralization extends beyond historical workings and show potential for favourable metallurgy due to the presence of free native gold.

Reasoning: Strong near-surface gold intercepts and evidence of free gold suggest good metallurgical potential and expansion of the known mineralized system.

Positive factors

  • high-grade gold intercepts
  • extension beyond historical mining
  • favourable metallurgy indicator (free native gold)
  • polymetallic nature

Negative factors

  • insufficient drilling for true width
  • no core recovery in one interval

Facts used in scoring: 38

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: Release mentions use of certified reference materials, duplicate samples, and ALS laboratory.

Evidence · text

“Duplicate samples of ¼ core were taken approximately every 30 samples and Certified Reference materials inserted every 25 samples”

Apparent Width Onlynegative

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

Why it applies: All reported drill intervals are down-hole lengths and insufficient drilling has been completed to determine true widths.

Evidence · text

“All reported drill intervals are down-hole lengths; insufficient drilling has been completed to determine true widths.”

Extracted facts

Stored fact records: 38. Some facts used in scoring do not have a stored record.

Drill Results (38)

PVD07Cármenes · goldGrade: 1.37Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PVD07
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
1.37
Grade Unit
g/t
Intercept
1 m
From
115 m
To
116 m

Classification

Sample Type
drill
Group ID
PVD07:115.0-116.0

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Moderate grade intercept at shallow depth.

Evidence · table

“1.37”

Context: 1.0

PVD07Cármenes · silverGrade: 100Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
PVD07
Project
Cármenes
Commodity
silver
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
100
Grade Unit
g/t
Intercept
0.8 m
From
119.2 m
To
120 m

Classification

Sample Type
drill
Group ID
PVD07:119.2-120.0

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Silver grade reported as >100 g/t.

Evidence · table

“>100”

Context: 0.8

PVD09Cármenes · goldGrade: 0.12Grade Unit: g/tIntercept: 9.4 mView all details
Link to this fact

Identity

Hole ID
PVD09
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
9.4 m
From
97 m
To
106.4 m

Classification

Sample Type
drill
Group ID
PVD09:97.0-106.4

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.12”

Context: 9.4

PVD09Cármenes · copperGrade: 2503Grade Unit: ppmIntercept: 9.4 mView all details
Link to this fact

Identity

Hole ID
PVD09
Project
Cármenes
Commodity
copper
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
2503
Grade Unit
ppm
Intercept
9.4 m
From
97 m
To
106.4 m

Classification

Sample Type
drill
Group ID
PVD09:97.0-106.4

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Elevated copper in ppm.

Evidence · table

“2503”

Context: 9.4

PVD10Cármenes · goldGrade: 3.5Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
PVD10
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
3.5
Grade Unit
g/t
Intercept
8 m
From
77 m
To
85 m

Classification

Sample Type
drill
Group ID
PVD10:77.0-85.0

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Strong gold intercept.

Evidence · table

“3.50”

Context: 8.0

PVD10Cármenes · goldGrade: 5.79Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
PVD10
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
5.79
Grade Unit
g/t
Intercept
4 m
From
78 m
To
82 m

Classification

Sample Type
drill
Group ID
PVD10:78.0-82.0

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: High grade sub-interval.

Evidence · table

“5.79”

Context: 4.0

PVD07Cármenes · silverGrade: 0.5Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVD07
Project
Cármenes
Commodity
silver
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
1 m
From
115 m
To
116 m

Classification

Sample Type
drill
Group ID
PVD07:115-116

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.5 g/t·m is below.

Negative factors

  • 0.5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“<0.5”

Context: PVD07

PVD07Cármenes · copperGrade: 166Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PVD07
Project
Cármenes
Commodity
copper
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
166
Grade Unit
ppm
Intercept
1 m
From
115 m
To
116 m

Classification

Sample Type
drill
Group ID
PVD07:115-116

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 166 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“166”

Context: PVD07

PVD07Cármenes · nickelGrade: 324Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PVD07
Project
Cármenes
Commodity
nickel
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
324
Grade Unit
ppm
Intercept
1 m
From
115 m
To
116 m

Classification

Sample Type
drill
Group ID
PVD07:115-116

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 324 ppm nickel, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the nickel rubric unit %; not scored.

Evidence · table

“324”

Context: PVD07

PVD07Cármenes · cobaltGrade: 426Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PVD07
Project
Cármenes
Commodity
cobalt
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
426
Grade Unit
ppm
Intercept
1 m
From
115 m
To
116 m

Classification

Sample Type
drill
Group ID
PVD07:115-116

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 426 ppm cobalt, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the cobalt rubric unit %; not scored.

Evidence · table

“426”

Context: PVD07

PVD09Cármenes · silverGrade: 0.9Grade Unit: g/tIntercept: 9.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVD09
Project
Cármenes
Commodity
silver
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
9.4 m
From
97 m
To
106.4 m

Classification

Sample Type
drill
Group ID
PVD09:97-106.4

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 8.5 g/t·m is below.

Negative factors

  • 0.9 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.9”

Context: PVD09

PVD09Cármenes · nickelGrade: 345Grade Unit: ppmIntercept: 9.4 mView all details
Link to this fact

Identity

Hole ID
PVD09
Project
Cármenes
Commodity
nickel
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
345
Grade Unit
ppm
Intercept
9.4 m
From
97 m
To
106.4 m

Classification

Sample Type
drill
Group ID
PVD09:97-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 345 ppm nickel, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the nickel rubric unit %; not scored.

Evidence · table

“345”

Context: PVD09

PVD09Cármenes · cobaltGrade: 300Grade Unit: ppmIntercept: 9.4 mView all details
Link to this fact

Identity

Hole ID
PVD09
Project
Cármenes
Commodity
cobalt
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
300
Grade Unit
ppm
Intercept
9.4 m
From
97 m
To
106.4 m

Classification

Sample Type
drill
Group ID
PVD09:97-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 300 ppm cobalt, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the cobalt rubric unit %; not scored.

Evidence · table

“300”

Context: PVD09

IncludingCármenes · goldGrade: 0.2Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
3 m
From
97 m
To
100 m

Classification

Sample Type
drill
Group ID
Including:97-100

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.2 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.6 g/t·m is below.

Negative factors

  • 0.2 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.20”

Context: Including

IncludingCármenes · silverGrade: 0.8Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
silver
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
3 m
From
97 m
To
100 m

Classification

Sample Type
drill
Group ID
Including:97-100

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.4 g/t·m is below.

Negative factors

  • 0.8 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.8”

Context: Including

IncludingCármenes · copperGrade: 3710Grade Unit: ppmIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
copper
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
3710
Grade Unit
ppm
Intercept
3 m
From
97 m
To
100 m

Classification

Sample Type
drill
Group ID
Including:97-100

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 3710 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“3710”

Context: Including

IncludingCármenes · nickelGrade: 769Grade Unit: ppmIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
nickel
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
769
Grade Unit
ppm
Intercept
3 m
From
97 m
To
100 m

Classification

Sample Type
drill
Group ID
Including:97-100

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 769 ppm nickel, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the nickel rubric unit %; not scored.

Evidence · table

“769”

Context: Including

IncludingCármenes · cobaltGrade: 733Grade Unit: ppmIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
cobalt
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
733
Grade Unit
ppm
Intercept
3 m
From
97 m
To
100 m

Classification

Sample Type
drill
Group ID
Including:97-100

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 733 ppm cobalt, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the cobalt rubric unit %; not scored.

Evidence · table

“733”

Context: Including

IncludingCármenes · goldGrade: 0.25Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
2.4 m
From
104 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:104-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.25 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.6 g/t·m is below.

Negative factors

  • 0.25 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.25”

Context: Including

IncludingCármenes · silverGrade: 2.7Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
silver
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
2.4 m
From
104 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:104-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 2.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.5 g/t·m is below.

Negative factors

  • 2.7 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.7”

Context: Including

IncludingCármenes · copperGrade: 6628Grade Unit: ppmIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
copper
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
6628
Grade Unit
ppm
Intercept
2.4 m
From
104 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:104-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 6628 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“6628”

Context: Including

IncludingCármenes · nickelGrade: 380Grade Unit: ppmIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
nickel
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
380
Grade Unit
ppm
Intercept
2.4 m
From
104 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:104-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 380 ppm nickel, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the nickel rubric unit %; not scored.

Evidence · table

“380”

Context: Including

IncludingCármenes · cobaltGrade: 251Grade Unit: ppmIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
cobalt
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
251
Grade Unit
ppm
Intercept
2.4 m
From
104 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:104-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 251 ppm cobalt, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the cobalt rubric unit %; not scored.

Evidence · table

“251”

Context: Including

IncludingCármenes · goldGrade: 0.38Grade Unit: g/tIntercept: 1.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
1.4 m
From
105 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:105-106.4

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.38 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.5 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.38”

Context: Including

IncludingCármenes · silverGrade: 4.5Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
silver
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
4.5
Grade Unit
g/t
Intercept
1.4 m
From
105 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:105-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 4.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.3 g/t·m is below.

Negative factors

  • 4.5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.5”

Context: Including

IncludingCármenes · copperGrade: 9390Grade Unit: ppmIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
copper
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
9390
Grade Unit
ppm
Intercept
1.4 m
From
105 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:105-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 9390 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“9390”

Context: Including

IncludingCármenes · nickelGrade: 557Grade Unit: ppmIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
nickel
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
557
Grade Unit
ppm
Intercept
1.4 m
From
105 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:105-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 557 ppm nickel, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the nickel rubric unit %; not scored.

Evidence · table

“557”

Context: Including

IncludingCármenes · cobaltGrade: 373Grade Unit: ppmIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
Including
Project
Cármenes
Commodity
cobalt
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
373
Grade Unit
ppm
Intercept
1.4 m
From
105 m
To
106.4 m

Classification

Sample Type
drill
Group ID
Including:105-106.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 373 ppm cobalt, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the cobalt rubric unit %; not scored.

Evidence · table

“373”

Context: Including

PVD10Cármenes · goldGrade: 1.18Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
PVD10
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
1.18
Grade Unit
g/t
Intercept
10 m
From
16 m
To
26 m

Classification

Sample Type
drill
Group ID
PVD10:16-26

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 1.18 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 11.8 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.18”

Context: PVD10

PVD10Cármenes · silverGrade: 0.5Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVD10
Project
Cármenes
Commodity
silver
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
10 m
From
16 m
To
26 m

Classification

Sample Type
drill
Group ID
PVD10:16-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.0 g/t·m is below.

Negative factors

  • 0.5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“<0.5”

Context: PVD10

PVD10Cármenes · copperGrade: 136Grade Unit: ppmIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
PVD10
Project
Cármenes
Commodity
copper
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
136
Grade Unit
ppm
Intercept
10 m
From
16 m
To
26 m

Classification

Sample Type
drill
Group ID
PVD10:16-26

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 136 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“136”

Context: PVD10

PVD10Cármenes · nickelGrade: 94Grade Unit: ppmIntercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVD10
Project
Cármenes
Commodity
nickel
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
94
Grade Unit
ppm
Intercept
10 m
From
16 m
To
26 m

Classification

Sample Type
drill
Group ID
PVD10:16-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 94 ppm nickel, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the nickel rubric unit %; not scored.

Evidence · table

“94”

Context: PVD10

PVD10Cármenes · cobaltGrade: 24Grade Unit: ppmIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
PVD10
Project
Cármenes
Commodity
cobalt
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
24
Grade Unit
ppm
Intercept
10 m
From
16 m
To
26 m

Classification

Sample Type
drill
Group ID
PVD10:16-26

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 24 ppm cobalt, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the cobalt rubric unit %; not scored.

Evidence · table

“24”

Context: PVD10

includingCármenes · goldGrade: 5.79Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
including
Project
Cármenes
Commodity
gold
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
5.79
Grade Unit
g/t
Intercept
4 m
From
78 m
To
82 m

Classification

Sample Type
drill
Group ID
including:78-82

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 5.79 g/t gold is exceptional against the default band [5, 2, 1, 0.3] g/t. Grade×width 23.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 5.79 g/t gold is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.79”

Context: including

includingCármenes · silverGrade: 0.5Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
including
Project
Cármenes
Commodity
silver
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
4 m
From
78 m
To
82 m

Classification

Sample Type
drill
Group ID
including:78-82

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.0 g/t·m is below.

Negative factors

  • 0.5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“<0.5”

Context: including

includingCármenes · copperGrade: 23Grade Unit: ppmIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
including
Project
Cármenes
Commodity
copper
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
23
Grade Unit
ppm
Intercept
4 m
From
78 m
To
82 m

Classification

Sample Type
drill
Group ID
including:78-82

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 23 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“23”

Context: including

includingCármenes · nickelGrade: 24Grade Unit: ppmIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
including
Project
Cármenes
Commodity
nickel
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
24
Grade Unit
ppm
Intercept
4 m
From
78 m
To
82 m

Classification

Sample Type
drill
Group ID
including:78-82

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 24 ppm nickel, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the nickel rubric unit %; not scored.

Evidence · table

“24”

Context: including

includingCármenes · cobaltGrade: 10Grade Unit: ppmIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
including
Project
Cármenes
Commodity
cobalt
Region
spain
Reported Region
northern Spain
Ticker
PGZ

Geometry

Grade
10
Grade Unit
ppm
Intercept
4 m
From
78 m
To
82 m

Classification

Sample Type
drill
Group ID
including:78-82

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Expanded from assay table: 10 ppm cobalt, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the cobalt rubric unit %; not scored.

Evidence · table

“10”

Context: including

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.