# Pan Global Intersects 15 Meters of 3.9 g/t Gold From Surface, C&\#xE1;rmenes Project, Spain Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6 Original source: https://orestocks.com/company/PGZ.V/press-releases/6380152657939075 Publisher: orestocks Original announcement: 2026-09-09T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Pan Global Resources Inc. - Ticker: PGZ.V - Exchange: Unavailable - Region: Spain - Primary commodity: Gold - Secondary commodities: Copper, Nickel, Cobalt, Platinum, Palladium, Silver - Document categories: Drill results - Extracted: 2026-09-09 11:49:16 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Pan Global Resources reported high-grade gold and polymetallic drill results from its Cármenes Project in Spain, highlighted by 15 meters at 3.90 g/t gold from surface in drillhole PVD15, including a bonanza intercept of 18.55 g/t gold over 1 meter. The company stated that mineralization extends beyond historical workings and remains open along strike and at depth, indicating significant exploration potential. New copper anomalies were also identified, expanding the project's target pipeline. Reasoning: Pan Global Resources announced strong gold and polymetallic drill results from its Cármenes Project in Spain, with a bonanza intercept of 18.55 g/t gold over 1 meter within a broader 15-meter interval from surface. The results confirm mineralization extends beyond historical workings and remains open, suggesting significant exploration upside. The disclosure of QA/QC procedures adds credibility, though the lack of true width and cut-off grade information introduces some uncertainty. - Positive factor: High-grade gold and polymetallic intercepts from surface, including bonanza grades - Positive factor: Mineralization extends beyond historical workings and remains open along strike and at depth, indicating significant growth potential - Positive factor: New copper anomalies identified, expanding exploration targets within the project - Positive factor: QA/QC procedures are disclosed, enhancing data credibility - Negative factor: True widths are not yet determined, so reported downhole lengths may not reflect actual thickness - Negative factor: Cut-off grades for reported intervals are not disclosed, limiting comparability - Negative factor: PVD11 returned no significant results, indicating some barren holes in the program Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 73 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release explicitly mentions QA/QC procedures including duplicate samples and Certified Reference Materials, and names ALS as the assay laboratory. Evidence · text > Duplicate samples of ¼ core were taken approximately every 30 samples, and Certified Reference materials inserted every 25 samples in each batch. Samples were placed in sealed bags and delivered to the ALS sample preparation facility in Seville in Spain and assayed at the ALS facility in Ireland. **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: The document states that 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. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The release highlights that gold and polymetallic mineralization extends beyond historical mine workings and remains open along strike and at depth, indicating an extension of known mineralization. Evidence · text > Gold and polymetallic mineralization extends beyond historical mine workings and remains open along strike and at depth **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept of 18.55 g/t gold over 1 meter is exceptionally high-grade, well above the typical thresholds for gold deposits. Evidence · text > 1 meter grading 18.55 g/t gold **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: The document does not state the cut-off grade used for reporting the drill intervals. Evidence · text > All reported drill intervals are down-hole lengths. Insufficient drilling has been completed to determine true widths. **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a mill\_cil route \("CIL"\) ## Extracted facts Stored fact records: 73. Some facts used in scoring do not have a stored record. ## Drill Results (73) ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-0) Cármenes · gold #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 3.9 - Grade Unit: g/t - Intercept: 15 m - From: 0 m - To: 15 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This intercept of 15 meters at 3.9 g/t gold from surface is a strong result, indicating significant gold mineralization and extending the known mineralized zone at the Providencia target. - Positive factor: High-grade gold intercept from surface - Positive factor: Significant intercept length - Positive factor: Confirms extension of mineralization beyond historical workings - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 15 meters grading 3.90 g/t gold #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-1) Cármenes · copper #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.04 - Grade Unit: % - Intercept: 15 m - From: 0 m - To: 15 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The copper grade of 0.04% over 15 meters is low but contributes to the polymetallic nature of the mineralization, adding to the overall prospectivity. - Positive factor: Polymetallic association with gold - Positive factor: Intercept from surface - Negative factor: Low copper grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.04% copper #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-2) Cármenes · nickel #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 15 m - From: 0 m - To: 15 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.11% over 15 meters is low but contributes to the polymetallic nature of the mineralization, adding to the overall prospectivity. - Positive factor: Polymetallic association with gold - Positive factor: Intercept from surface - Negative factor: Low nickel grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.11% nickel #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-3) Cármenes · cobalt #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 15 m - From: 0 m - To: 15 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.12% over 15 meters is a positive contribution to the polymetallic mineralization, adding value to the overall intercept. - Positive factor: Polymetallic association with gold - Positive factor: Intercept from surface - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.12% cobalt #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-4) Cármenes · gold #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 6.79 - Grade Unit: g/t - Intercept: 8 m - From: 0 m - To: 8 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 8-meter intercept at 6.79 g/t gold from surface is an excellent high-grade result, significantly contributing to the overall prospectivity of the target and demonstrating strong gold mineralization. - Positive factor: Very high-grade gold intercept from surface - Positive factor: Significant intercept length for high grade - Positive factor: Polymetallic association with PGEs - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 8 meters grading 6.79 g/t gold #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-5) Cármenes · copper #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.03 - Grade Unit: % - Intercept: 8 m - From: 0 m - To: 8 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The copper grade of 0.03% over 8 meters is low but contributes to the polymetallic nature of the mineralization, adding to the overall prospectivity. - Positive factor: Polymetallic association with gold and PGEs - Positive factor: Intercept from surface - Negative factor: Low copper grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.03% copper #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-6) Cármenes · nickel #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 8 m - From: 0 m - To: 8 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.12% over 8 meters is low but contributes to the polymetallic nature of the mineralization, adding to the overall prospectivity. - Positive factor: Polymetallic association with gold and PGEs - Positive factor: Intercept from surface - Negative factor: Low nickel grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.12% nickel #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-7) Cármenes · cobalt #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 8 m - From: 0 m - To: 8 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.11% over 8 meters is a positive contribution to the polymetallic mineralization, adding value to the overall intercept. - Positive factor: Polymetallic association with gold and PGEs - Positive factor: Intercept from surface - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.11% cobalt #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-8) Cármenes · platinum #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: platinum - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.5 - Grade Unit: g/t - Intercept: 8 m - From: 0 m - To: 8 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The platinum grade of 0.50 g/t over 8 meters is a good result, indicating valuable PGE mineralization alongside gold and other base metals. - Positive factor: Significant platinum grade - Positive factor: Polymetallic association with gold and palladium - Positive factor: Intercept from surface - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.50 g/t platinum #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-9) Cármenes · palladium #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: palladium - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.28 - Grade Unit: g/t - Intercept: 8 m - From: 0 m - To: 8 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The palladium grade of 0.28 g/t over 8 meters is a good result, indicating valuable PGE mineralization alongside gold and other base metals. - Positive factor: Significant palladium grade - Positive factor: Polymetallic association with gold and platinum - Positive factor: Intercept from surface - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.28 g/t palladium #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-10) Cármenes · gold #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 18.55 - Grade Unit: g/t - Intercept: 1 m - From: 3 m - To: 4 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 1-meter intercept at 18.55 g/t gold is a bonanza grade, indicating very high-grade gold mineralization within the broader interval and highlighting the potential for significant local enrichment. - Positive factor: Bonanza gold grade - Positive factor: Polymetallic association with PGEs - Positive factor: Intercept from surface - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 1 meter grading 18.55 g/t gold #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-11) Cármenes · platinum Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: platinum - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.39 - Grade Unit: g/t - Intercept: 1 m - From: 3 m - To: 4 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The platinum grade of 1.39 g/t over 1 meter is a strong result, indicating significant PGE mineralization alongside high-grade gold. - Positive factor: High platinum grade - Positive factor: Polymetallic association with gold and palladium - Positive factor: Intercept from surface - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 1.39 g/t platinum #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-12) Cármenes · palladium Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: palladium - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.74 - Grade Unit: g/t - Intercept: 1 m - From: 3 m - To: 4 m - Hole Depth: 166.2 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### Location - Easting: 287587 - Northing: 4761206 - Azimuth: 311 ° - Dip: -49 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The palladium grade of 0.74 g/t over 1 meter is a strong result, indicating significant PGE mineralization alongside high-grade gold. - Positive factor: High palladium grade - Positive factor: Polymetallic association with gold and platinum - Positive factor: Intercept from surface - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · text > 0.74 g/t palladium #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD12 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-13) Cármenes · gold #### Identity - Hole ID: PVD12 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.59 - Grade Unit: g/t - Intercept: 2 m - From: 11 m - To: 13 m - Hole Depth: 195.7 m - Intercept Depth: 11 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD12:11-13 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - Azimuth: 275 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 2-meter intercept at 0.59 g/t gold is a moderate result, indicating the presence of gold mineralization at the northern margin of the breccia system. - Positive factor: Moderate gold grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.59 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD12 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-14) Cármenes · gold #### Identity - Hole ID: PVD12 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.26 - Grade Unit: g/t - Intercept: 13 m - From: 97 m - To: 110 m - Hole Depth: 195.7 m - Intercept Depth: 11 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD12:97-110 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - Azimuth: 275 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 13-meter intercept at 0.26 g/t gold is a weak result, indicating low-grade gold mineralization at depth. - Positive factor: Moderate intercept length - Negative factor: Weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.26 Context: 13.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD12 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-15) Cármenes · gold #### Identity - Hole ID: PVD12 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.35 - Grade Unit: g/t - Intercept: 7 m - From: 101 m - To: 108 m - Hole Depth: 195.7 m - Intercept Depth: 11 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD12:101-108 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - Azimuth: 275 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 7-meter sub-interval at 0.35 g/t gold is a weak result, indicating low-grade gold mineralization within the broader interval. - Positive factor: Moderate intercept length - Negative factor: Weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.35 Context: 7.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD12 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-16) Cármenes · gold #### Identity - Hole ID: PVD12 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.12 - Grade Unit: g/t - Intercept: 8 m - From: 125 m - To: 133 m - Hole Depth: 195.7 m - Intercept Depth: 11 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - Azimuth: 275 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 8-meter intercept at 0.12 g/t gold is a very weak result, indicating only trace gold mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.12 Context: 8.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD12 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-17) Cármenes · silver #### Identity - Hole ID: PVD12 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.8 - Grade Unit: g/t - Intercept: 8 m - From: 125 m - To: 133 m - Hole Depth: 195.7 m - Intercept Depth: 11 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - Azimuth: 275 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The silver grade of 0.8 g/t over 8 meters is a very weak result, indicating only trace silver mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak silver grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.8 Context: 8.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD12 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-18) Cármenes · copper #### Identity - Hole ID: PVD12 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.15 - Grade Unit: % - Intercept: 8 m - From: 125 m - To: 133 m - Hole Depth: 195.7 m - Intercept Depth: 11 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - Azimuth: 275 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The copper grade of 0.15% over 8 meters is a low result, indicating only trace copper mineralization. - Positive factor: Polymetallic association - Negative factor: Low copper grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.15 Context: 8.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD12 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-19) Cármenes · nickel #### Identity - Hole ID: PVD12 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.04 - Grade Unit: % - Intercept: 8 m - From: 125 m - To: 133 m - Hole Depth: 195.7 m - Intercept Depth: 11 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - Azimuth: 275 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.04% over 8 meters is a very weak result, indicating only trace nickel mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak nickel grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.04 Context: 8.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD12 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-20) Cármenes · cobalt #### Identity - Hole ID: PVD12 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.03 - Grade Unit: % - Intercept: 8 m - From: 125 m - To: 133 m - Hole Depth: 195.7 m - Intercept Depth: 11 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD12:125-133 - Mining Method: unknown #### Location - Easting: 287620 - Northing: 4761227 - Azimuth: 275 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.03% over 8 meters is a very weak result, indicating only trace cobalt mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak cobalt grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.03 Context: 8.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-21) Cármenes · gold #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.14 - Grade Unit: g/t - Intercept: 19 m - From: 2 m - To: 21 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-21 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 19-meter intercept at 0.14 g/t gold is a very weak result, indicating only trace gold mineralization at the western margin of the breccia system. - Positive factor: Moderate intercept length - Negative factor: Very weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.14 Context: 19.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-22) Cármenes · gold #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.24 - Grade Unit: g/t - Intercept: 1 m - From: 2 m - To: 3 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 1-meter sub-interval at 0.24 g/t gold is a weak result, indicating low-grade gold mineralization. - Positive factor: Polymetallic association - Negative factor: Weak gold grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.24 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-23) Cármenes · silver #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.8 - Grade Unit: g/t - Intercept: 1 m - From: 2 m - To: 3 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The silver grade of 1.8 g/t over 1 meter is a very weak result, indicating only trace silver mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak silver grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.8 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-24) Cármenes · copper #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.21 - Grade Unit: % - Intercept: 1 m - From: 2 m - To: 3 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The copper grade of 0.21% over 1 meter is a low result, indicating only trace copper mineralization. - Positive factor: Polymetallic association - Negative factor: Low copper grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.21 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-25) Cármenes · nickel #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.16 - Grade Unit: % - Intercept: 1 m - From: 2 m - To: 3 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.16% over 1 meter is a low result but contributes to the polymetallic nature of the mineralization. - Positive factor: Polymetallic association - Negative factor: Low nickel grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.16 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-26) Cármenes · cobalt #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.07 - Grade Unit: % - Intercept: 1 m - From: 2 m - To: 3 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-3 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.07% over 1 meter is a very weak result, indicating only trace cobalt mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak cobalt grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.07 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-27) Cármenes · gold #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 3 m - From: 2 m - To: 5 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 3-meter sub-interval at 0.33 g/t gold is a weak result, indicating low-grade gold mineralization. - Positive factor: Polymetallic association - Negative factor: Weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.33 Context: 3.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-28) Cármenes · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 3 m - From: 2 m - To: 5 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The silver grade of 1.0 g/t over 3 meters is a very weak result, indicating only trace silver mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak silver grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.0 Context: 3.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-29) Cármenes · copper #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.09 - Grade Unit: % - Intercept: 3 m - From: 2 m - To: 5 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The copper grade of 0.09% over 3 meters is a very weak result, indicating only trace copper mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak copper grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.09 Context: 3.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-30) Cármenes · nickel #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.07 - Grade Unit: % - Intercept: 3 m - From: 2 m - To: 5 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.07% over 3 meters is a very weak result, indicating only trace nickel mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak nickel grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.07 Context: 3.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-31) Cármenes · cobalt #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.03 - Grade Unit: % - Intercept: 3 m - From: 2 m - To: 5 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:2-5 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.03% over 3 meters is a very weak result, indicating only trace cobalt mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak cobalt grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.03 Context: 3.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-32) Cármenes · gold #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.13 - Grade Unit: g/t - Intercept: 13 m - From: 49 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 13-meter intercept at 0.13 g/t gold is a very weak result, indicating only trace gold mineralization. - Positive factor: Polymetallic association - Positive factor: Moderate intercept length - Negative factor: Very weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.13 Context: 13.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-33) Cármenes · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 13 m - From: 49 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The silver grade of 1.0 g/t over 13 meters is a very weak result, indicating only trace silver mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak silver grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.0 Context: 13.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-34) Cármenes · copper #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.42 - Grade Unit: % - Intercept: 13 m - From: 49 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 13-meter intercept at 0.42% copper is a moderate result, indicating significant copper mineralization at the western margin of the breccia system. - Positive factor: Moderate copper grade - Positive factor: Moderate intercept length - Positive factor: Polymetallic association - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.42 Context: 13.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-35) Cármenes · nickel #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.02 - Grade Unit: % - Intercept: 13 m - From: 49 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.02% over 13 meters is a very weak result, indicating only trace nickel mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak nickel grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.02 Context: 13.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-36) Cármenes · cobalt #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.02 - Grade Unit: % - Intercept: 13 m - From: 49 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.02% over 13 meters is a very weak result, indicating only trace cobalt mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak cobalt grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.02 Context: 13.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-37) Cármenes · gold #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.46 - Grade Unit: g/t - Intercept: 1 m - From: 49 m - To: 50 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 1-meter sub-interval at 0.46 g/t gold is a moderate result, indicating local gold enrichment within the broader interval. - Positive factor: Moderate gold grade - Positive factor: Polymetallic association - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.46 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-38) Cármenes · silver #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.2 - Grade Unit: g/t - Intercept: 1 m - From: 49 m - To: 50 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The silver grade of 1.2 g/t over 1 meter is a very weak result, indicating only trace silver mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak silver grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.2 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-39) Cármenes · copper #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.02 - Grade Unit: % - Intercept: 1 m - From: 49 m - To: 50 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 1-meter sub-interval at 1.02% copper is a strong result, indicating significant copper mineralization within the broader interval. - Positive factor: Strong copper grade - Positive factor: Polymetallic association - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.02 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-40) Cármenes · nickel #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.13 - Grade Unit: % - Intercept: 1 m - From: 49 m - To: 50 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.13% over 1 meter is a low result but contributes to the polymetallic nature of the mineralization. - Positive factor: Polymetallic association - Negative factor: Low nickel grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.13 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-41) Cármenes · cobalt #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 1 m - From: 49 m - To: 50 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:49-50 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.12% over 1 meter is a positive result, contributing to the polymetallic nature of the mineralization. - Positive factor: Polymetallic association - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.12 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-42) Cármenes · gold #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.28 - Grade Unit: g/t - Intercept: 2 m - From: 55 m - To: 57 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 2-meter sub-interval at 0.28 g/t gold is a weak result, indicating low-grade gold mineralization. - Positive factor: Polymetallic association - Negative factor: Weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.28 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-43) Cármenes · silver #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.7 - Grade Unit: g/t - Intercept: 2 m - From: 55 m - To: 57 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The silver grade of 1.7 g/t over 2 meters is a very weak result, indicating only trace silver mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak silver grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.7 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-44) Cármenes · copper #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.01 - Grade Unit: % - Intercept: 2 m - From: 55 m - To: 57 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 2-meter sub-interval at 1.01% copper is a strong result, indicating significant copper mineralization within the broader interval. - Positive factor: Strong copper grade - Positive factor: Polymetallic association - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.01 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-45) Cármenes · nickel #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.02 - Grade Unit: % - Intercept: 2 m - From: 55 m - To: 57 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.02% over 2 meters is a very weak result, indicating only trace nickel mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak nickel grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.02 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-46) Cármenes · cobalt #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.04 - Grade Unit: % - Intercept: 2 m - From: 55 m - To: 57 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:55-57 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.04% over 2 meters is a very weak result, indicating only trace cobalt mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak cobalt grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.04 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-47) Cármenes · gold #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.21 - Grade Unit: g/t - Intercept: 1 m - From: 61 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 1-meter sub-interval at 0.21 g/t gold is a weak result, indicating low-grade gold mineralization. - Positive factor: Polymetallic association - Negative factor: Weak gold grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.21 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-48) Cármenes · silver #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 6.5 - Grade Unit: g/t - Intercept: 1 m - From: 61 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The silver grade of 6.5 g/t over 1 meter is a very weak result, indicating only trace silver mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak silver grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 6.5 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-49) Cármenes · copper #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 2.07 - Grade Unit: % - Intercept: 1 m - From: 61 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 1-meter sub-interval at 2.07% copper is an exceptional result, indicating very high-grade copper mineralization within the broader interval. - Positive factor: Exceptional copper grade - Positive factor: Polymetallic association - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 2.07 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-50) Cármenes · nickel #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.04 - Grade Unit: % - Intercept: 1 m - From: 61 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.04% over 1 meter is a very weak result, indicating only trace nickel mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak nickel grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.04 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-51) Cármenes · cobalt #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.03 - Grade Unit: % - Intercept: 1 m - From: 61 m - To: 62 m - Hole Depth: 132.6 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD13:61-62 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 345 ° - Dip: -20 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.03% over 1 meter is a very weak result, indicating only trace cobalt mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak cobalt grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.03 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-52) Cármenes · gold #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.35 - Grade Unit: g/t - Intercept: 39 m - From: 7 m - To: 46 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:7-46 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 39-meter intercept at 0.35 g/t gold is a moderate result due to its length, confirming the continuity of gold mineralization near historical workings. - Positive factor: Significant intercept length - Positive factor: Confirms continuity of gold mineralization - Negative factor: Weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.35 Context: 39.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-53) Cármenes · gold #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.45 - Grade Unit: g/t - Intercept: 10 m - From: 10 m - To: 20 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:10-20 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 10-meter sub-interval at 0.45 g/t gold is a moderate result, contributing to the overall gold mineralization. - Positive factor: Moderate intercept length - Negative factor: Weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.45 Context: 10.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-54) Cármenes · gold #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.47 - Grade Unit: g/t - Intercept: 3 m - From: 25 m - To: 28 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:25-28 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 3-meter sub-interval at 0.47 g/t gold is a moderate result, contributing to the overall gold mineralization. - Negative factor: Weak gold grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.47 Context: 3.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-55) Cármenes · gold #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.42 - Grade Unit: g/t - Intercept: 10 m - From: 35 m - To: 45 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:35-45 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 10-meter sub-interval at 0.42 g/t gold is a moderate result, contributing to the overall gold mineralization. - Positive factor: Moderate intercept length - Negative factor: Weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.42 Context: 10.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-56) Cármenes · gold #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.05 - Grade Unit: g/t - Intercept: 3 m - From: 53 m - To: 56 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:53-56 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 3-meter intercept at 1.05 g/t gold is a strong result, indicating higher-grade gold mineralization immediately before a historical mine cavity. - Positive factor: Strong gold grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.05 Context: 3.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-57) Cármenes · gold #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.3 - Grade Unit: g/t - Intercept: 7.1 m - From: 59.9 m - To: 67 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:59.9-67 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 7.1-meter intercept at 0.30 g/t gold is a weak result but confirms the continuity of polymetallic mineralization beyond the historical workings. - Positive factor: Polymetallic association - Positive factor: Confirms continuity beyond historical workings - Negative factor: Weak gold grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.30 Context: 7.1 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-58) Cármenes · copper #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.27 - Grade Unit: % - Intercept: 7.1 m - From: 59.9 m - To: 67 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:59.9-67 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The copper grade of 0.27% over 7.1 meters is a weak result but contributes to the polymetallic mineralization and confirms continuity. - Positive factor: Polymetallic association - Positive factor: Confirms continuity beyond historical workings - Negative factor: Weak copper grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.27 Context: 7.1 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-59) Cármenes · nickel #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 7.1 m - From: 59.9 m - To: 67 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:59.9-67 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.10% over 7.1 meters is a low result but contributes to the polymetallic mineralization and confirms continuity. - Positive factor: Polymetallic association - Positive factor: Confirms continuity beyond historical workings - Negative factor: Low nickel grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.10 Context: 7.1 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-60) Cármenes · cobalt #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.07 - Grade Unit: % - Intercept: 7.1 m - From: 59.9 m - To: 67 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:59.9-67 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.07% over 7.1 meters is a very weak result but contributes to the polymetallic mineralization and confirms continuity. - Positive factor: Polymetallic association - Positive factor: Confirms continuity beyond historical workings - Negative factor: Very weak cobalt grade - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.07 Context: 7.1 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-61) Cármenes · gold #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: gold - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.1 - Grade Unit: g/t - Intercept: 1 m - From: 65 m - To: 66 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:65-66 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 1-meter sub-interval at 0.10 g/t gold is a very weak result, indicating only trace gold mineralization. - Positive factor: Polymetallic association - Negative factor: Very weak gold grade - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.10 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-62) Cármenes · copper #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.13 - Grade Unit: % - Intercept: 1 m - From: 65 m - To: 66 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:65-66 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: This 1-meter sub-interval at 1.13% copper is a strong result, indicating significant copper mineralization within the broader interval. - Positive factor: Strong copper grade - Positive factor: Polymetallic association - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 1.13 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-63) Cármenes · nickel #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.35 - Grade Unit: % - Intercept: 1 m - From: 65 m - To: 66 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:65-66 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The nickel grade of 0.35% over 1 meter is a moderate result, contributing to the polymetallic nature of the mineralization. - Positive factor: Moderate nickel grade - Positive factor: Polymetallic association - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.35 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD14 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-64) Cármenes · cobalt #### Identity - Hole ID: PVD14 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.25 - Grade Unit: % - Intercept: 1 m - From: 65 m - To: 66 m - Hole Depth: 167.9 m - Intercept Depth: 7 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: PVD14:65-66 - Mining Method: unknown #### Location - Easting: 287510 - Northing: 4761181 - Azimuth: 12 ° - Dip: -27 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: The cobalt grade of 0.25% over 1 meter is a moderate result, contributing to the polymetallic nature of the mineralization. - Positive factor: Moderate cobalt grade - Positive factor: Polymetallic association - Negative factor: Narrow intercept length - Negative factor: True width not determined - Negative factor: Cut-off grade not disclosed Evidence · table > 0.25 Context: 1.0 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-65) Cármenes · copper #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.02 - Grade Unit: % - Intercept: 19 m - From: 2 m - To: 21 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD13:2-21 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 0.02 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.4 %·m is below. - Negative factor: 0.02 % 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 > 0.02 Context: PVD13 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD13 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-66) Cármenes · nickel #### Identity - Hole ID: PVD13 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.02 - Grade Unit: % - Intercept: 19 m - From: 2 m - To: 21 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD13:2-21 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 0.02 % nickel is below against the default band \[3, 1.5, 0.8, 0.3\] %. - Negative factor: 0.02 % 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 > 0.02 Context: PVD13 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-67) Cármenes · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 15 m - From: 0 m - To: 15 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD15:0-15 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 1 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 15.0 g/t·m is below. - Negative factor: 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 > 1.0 Context: PVD15 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-68) Cármenes · silver #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1.4 - Grade Unit: g/t - Intercept: 8 m - From: 0 m - To: 8 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD15:0-8 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 1.4 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 11.2 g/t·m is below. - Negative factor: 1.4 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 > 1.4 Context: Including #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-69) Cármenes · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: silver - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 1 m - From: 3 m - To: 4 m - Intercept Depth: 3 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 1 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 1.0 g/t·m is below. - Negative factor: 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 > 1.0 Context: Including #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-70) Cármenes · copper #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: copper - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.02 - Grade Unit: % - Intercept: 1 m - From: 3 m - To: 4 m - Intercept Depth: 3 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 0.02 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.0 %·m is below. - Negative factor: 0.02 % 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 > 0.02 Context: Including #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-71) Cármenes · nickel #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: nickel - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.06 - Grade Unit: % - Intercept: 1 m - From: 3 m - To: 4 m - Intercept Depth: 3 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 0.06 % nickel is below against the default band \[3, 1.5, 0.8, 0.3\] %. - Negative factor: 0.06 % 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 > 0.06 Context: Including #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ### PVD15 [Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-15-meters-of-3-9-g-t-gold-from-surface-c-xe1-rmenes-projec--afbd0891-c3b0-4422-b2ed-58408bda0bc6#fact-drill-facts-72) Cármenes · cobalt #### Identity - Hole ID: PVD15 - Project: Cármenes - Commodity: cobalt - Region: spain - Reported Region: spain - Ticker: PGZ.V #### Geometry - Grade: 0.09 - Grade Unit: % - Intercept: 1 m - From: 3 m - To: 4 m - Intercept Depth: 3 m #### Classification - Deposit Type: other - Sample Type: drill - Group ID: PVD15:3-4 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-09T00:00:00.000Z Reasoning: Expanded from assay table. 0.09 % cobalt is weak 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 > 0.09 Context: Including #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Results include: - \*\*0.35 g/t Au over 39.0 m from 7.0 m\*\*, including \*\*0.45 g/t Au over 10.0 m\*\*; - \*\*1.05 g/t Au over " ## 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.