# Panoro Announces Mobilization and Start of 2026 Drill Program at Cotabambas Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233 Original source: https://money.tmx.com/en/quote/PML/news/7439915261653528/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj Publisher: tmx Original announcement: 2026-04-14T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Panoro Minerals Ltd. - Ticker: PML - Exchange: TSX - Region: Peru - Primary commodity: Copper - Secondary commodities: Gold, Silver - Document categories: Drill results, Resource update - Extracted: 2026-08-22 06:41:35 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Panoro Minerals Ltd. has launched its fully funded 2026 drill program at the Cotabambas Copper Gold Silver Project in Peru. The 15,000-meter program aims to expand and upgrade high-grade mineralization in the South Pit, conduct infill drilling at the North Pit to elevate resource categories, and explore new skarn and porphyry targets. This initiative is central to the company's strategy for capital-efficient development and long-term growth. Reasoning: Panoro Minerals has commenced a significant 15,000-meter drill program at its Cotabambas project, targeting resource expansion, category upgrades, and new discoveries, which represents a strong positive development for the project's future. While the drill results presented are historical, they provide context for the new program's high-grade strategy. - Positive factor: New drill program initiated - Positive factor: Program designed for resource expansion and upgrade - Positive factor: Exploration drilling targeting new zones - Positive factor: Fully funded program - Positive factor: QP/CP signed off on technical information - Negative factor: Drill intercepts presented are historical - Negative factor: Metal equivalent assumptions are disclosed but based on March 2026 prices for an April 2026 release Facts used in scoring: 24 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 24. Some facts used in scoring do not have a stored record. ## Drill Results (24) ### CB-195 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-0) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-195 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 1.3 - Grade Unit: % - Intercept: 195.8 m - From: 35 m - To: 230.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-195:35.0-230.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong copper equivalent grade over a significant width, indicating good overall metal content, with transparent assumptions for the calculation, though it is not new information. - Positive factor: Strong metal equivalent grade for porphyry - Positive factor: Continuous intercept length - Positive factor: Assumptions for metal equivalent disclosed - Negative factor: Historical data, not new results Evidence · table > 1.3% Context: 195.8 ### CB-195 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-1) Cotabambas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-195 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.52 - Grade Unit: g/t - Intercept: 195.8 m - From: 35 m - To: 230.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-195:35.0-230.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong gold grade and significant width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Strong gold grade for porphyry - Positive factor: Continuous intercept length - Positive factor: Good grade-thickness product - Negative factor: Historical data, not new results Evidence · table > 0.52 Context: 195.8 ### CB-195 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-2) Cotabambas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-195 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 2.88 - Grade Unit: g/t - Intercept: 195.8 m - From: 35 m - To: 230.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-195:35.0-230.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade over a significant width, providing additional value to the polymetallic nature of the deposit, though it is not new information. - Negative factor: Historical data, not new results Evidence · table > 2.88 Context: 195.8 ### CB-196 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-3) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 1.7 - Grade Unit: % - Intercept: 20.5 m - From: 194.2 m - To: 214.7 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-196:194.2-214.7 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.7 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong copper equivalent grade over a moderate width, indicating good overall metal content, with transparent assumptions for the calculation, though it is not new information. - Positive factor: Strong metal equivalent grade for porphyry - Positive factor: Assumptions for metal equivalent disclosed - Negative factor: Historical data, not new results Evidence · table > 1.7% Context: 20.5 ### CB-196 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-4) Cotabambas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.73 - Grade Unit: g/t - Intercept: 20.5 m - From: 194.2 m - To: 214.7 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-196:194.2-214.7 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong gold grade over a moderate width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Strong gold grade for porphyry - Negative factor: Historical data, not new results Evidence · table > 0.73 Context: 20.5 ### CB-196 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-5) Cotabambas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 3.91 - Grade Unit: g/t - Intercept: 20.5 m - From: 194.2 m - To: 214.7 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-196:194.2-214.7 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade over a moderate width, providing additional value to the polymetallic nature of the deposit, though it is not new information. - Negative factor: Historical data, not new results Evidence · table > 3.91 Context: 20.5 ### CB-196 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-6) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 1.3 - Grade Unit: % - Intercept: 23.2 m - From: 257.7 m - To: 280.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-196:257.7-280.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong copper equivalent grade over a moderate width, indicating good overall metal content, with transparent assumptions for the calculation, though it is not new information. - Positive factor: Strong metal equivalent grade for porphyry - Positive factor: Assumptions for metal equivalent disclosed - Negative factor: Historical data, not new results Evidence · table > 1.3% Context: 23.2 ### CB-196 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-7) Cotabambas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.49 - Grade Unit: g/t - Intercept: 23.2 m - From: 257.7 m - To: 280.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-196:257.7-280.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate gold grade over a moderate width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Moderate gold grade for porphyry - Negative factor: Historical data, not new results Evidence · table > 0.49 Context: 23.2 ### CB-196 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-8) Cotabambas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-196 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 3.41 - Grade Unit: g/t - Intercept: 23.2 m - From: 257.7 m - To: 280.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-196:257.7-280.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade over a moderate width, providing additional value to the polymetallic nature of the deposit, though it is not new information. - Negative factor: Historical data, not new results Evidence · table > 3.41 Context: 23.2 ### CB-198 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-9) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-198 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 1.3 - Grade Unit: % - Intercept: 260 m - From: 123 m - To: 382.9 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-198:123.0-382.9 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong copper equivalent grade over a very significant width, indicating good overall metal content, with transparent assumptions for the calculation, though it is not new information. - Positive factor: Strong metal equivalent grade for porphyry - Positive factor: Continuous intercept length - Positive factor: Assumptions for metal equivalent disclosed - Negative factor: Historical data, not new results Evidence · table > 1.3% Context: 260.0 ### CB-198 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-10) Cotabambas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-198 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.61 - Grade Unit: g/t - Intercept: 260 m - From: 123 m - To: 382.9 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-198:123.0-382.9 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong gold grade over a very significant width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Strong gold grade for porphyry - Positive factor: Continuous intercept length - Positive factor: Good grade-thickness product - Negative factor: Historical data, not new results Evidence · table > 0.61 Context: 260.0 ### CB-198 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-11) Cotabambas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-198 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 2.72 - Grade Unit: g/t - Intercept: 260 m - From: 123 m - To: 382.9 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-198:123.0-382.9 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade over a very significant width, providing additional value to the polymetallic nature of the deposit, though it is not new information. - Negative factor: Historical data, not new results Evidence · table > 2.72 Context: 260.0 ### CB-202 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-12) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-202 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 1.1 - Grade Unit: % - Intercept: 52.8 m - From: 287.6 m - To: 340.4 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-202:287.6-340.4 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong copper equivalent grade over a continuous width, indicating good overall metal content, with transparent assumptions for the calculation, though it is not new information. - Positive factor: Strong metal equivalent grade for porphyry - Positive factor: Continuous intercept length - Positive factor: Assumptions for metal equivalent disclosed - Negative factor: Historical data, not new results Evidence · table > 1.1% Context: 52.8 ### CB-202 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-13) Cotabambas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-202 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 52.8 m - From: 287.6 m - To: 340.4 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-202:287.6-340.4 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate gold grade over a continuous width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Moderate gold grade for porphyry - Negative factor: Historical data, not new results Evidence · table > 0.44 Context: 52.8 ### CB-202 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-14) Cotabambas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-202 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 3.5 - Grade Unit: g/t - Intercept: 52.8 m - From: 287.6 m - To: 340.4 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-202:287.6-340.4 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade over a continuous width, providing additional value to the polymetallic nature of the deposit, though it is not new information. - Negative factor: Historical data, not new results Evidence · table > 3.50 Context: 52.8 ### CB-204 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-15) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-204 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 1.1 - Grade Unit: % - Intercept: 95 m - From: 332.8 m - To: 427.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-204:332.8-427.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong copper equivalent grade over a continuous width, indicating good overall metal content, with transparent assumptions for the calculation, though it is not new information. - Positive factor: Strong metal equivalent grade for porphyry - Positive factor: Continuous intercept length - Positive factor: Assumptions for metal equivalent disclosed - Negative factor: Historical data, not new results Evidence · table > 1.1% Context: 95.0 ### CB-204 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-16) Cotabambas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-204 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.45 - Grade Unit: g/t - Intercept: 95 m - From: 332.8 m - To: 427.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-204:332.8-427.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate gold grade over a continuous width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Moderate gold grade for porphyry - Negative factor: Historical data, not new results Evidence · table > 0.45 Context: 95.0 ### CB-204 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-17) Cotabambas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-204 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 3.13 - Grade Unit: g/t - Intercept: 95 m - From: 332.8 m - To: 427.8 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-204:332.8-427.8 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade over a continuous width, providing additional value to the polymetallic nature of the deposit, though it is not new information. - Negative factor: Historical data, not new results Evidence · table > 3.13 Context: 95.0 ### CB-208 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-18) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-208 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 1.2 - Grade Unit: % - Intercept: 66.5 m - From: 350 m - To: 416.5 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-208:350.0-416.5 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong copper equivalent grade over a continuous width, indicating good overall metal content, with transparent assumptions for the calculation, though it is not new information. - Positive factor: Strong metal equivalent grade for porphyry - Positive factor: Continuous intercept length - Positive factor: Assumptions for metal equivalent disclosed - Negative factor: Historical data, not new results Evidence · table > 1.2% Context: 66.5 ### CB-208 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-19) Cotabambas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-208 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.54 - Grade Unit: g/t - Intercept: 66.5 m - From: 350 m - To: 416.5 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-208:350.0-416.5 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong gold grade over a continuous width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Strong gold grade for porphyry - Negative factor: Historical data, not new results Evidence · table > 0.54 Context: 66.5 ### CB-208 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-20) Cotabambas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-208 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 3.68 - Grade Unit: g/t - Intercept: 66.5 m - From: 350 m - To: 416.5 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-208:350.0-416.5 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate silver grade over a continuous width, providing additional value to the polymetallic nature of the deposit, though it is not new information. - Negative factor: Historical data, not new results Evidence · table > 3.68 Context: 66.5 ### CB-215 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-21) Cotabambas · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-215 - Project: Cotabambas - Commodity: copper - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.44 - Grade Unit: % - Intercept: 114 m - From: 397.5 m - To: 511.5 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-215:397.5-511.5 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a moderate copper grade over a continuous width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Moderate copper grade for porphyry - Positive factor: Continuous intercept length - Negative factor: Historical data, not new results Evidence · table > 0.44 Context: 114.0 ### CB-215 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-22) Cotabambas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-215 - Project: Cotabambas - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 0.6 - Grade Unit: g/t - Intercept: 114 m - From: 397.5 m - To: 511.5 m #### Classification - Deposit Type: porphyry - Program: mixed - Sample Type: drill - Group ID: CB-215:397.5-511.5 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: This historical intercept shows a strong gold grade over a continuous width for a porphyry deposit, contributing positively to the overall project understanding, though it is not new information. - Positive factor: Strong gold grade for porphyry - Positive factor: Continuous intercept length - Negative factor: Historical data, not new results Evidence · table > 0.60 Context: 114.0 ### CB-215 [Link to this fact](https://atlas-staging.minestarters.com/news/panoro-announces-mobilization-and-start-of-2026-drill-program-at-cotabambas-proj--6b629ed6-196e-43c4-8642-5204f0b97233#fact-drill-facts-23) Cotabambas · silver #### Identity - Hole ID: CB-215 - Project: Cotabambas - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: PML #### Geometry - Grade: 2.62 - Grade Unit: g/t - Intercept: 114 m - From: 397.5 m - To: 511.5 m #### Classification - Deposit Type: porphyry - Sample Type: drill - Group ID: CB-215:397.5-511.5 - Mining Method: open\_pit #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-14T00:00:00.000Z Reasoning: Expanded from assay table. 2.62 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 298.7 g/t·m is weak \(grade alone is below; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.62 Context: CB-215 ## 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.