# Panoro Minerals Defines High-Grade Strategy for Cotabambas Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848

Original source: https://money.tmx.com/en/quote/PML/news/8335590933876435/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project

Publisher: tmx

Original announcement: 2026-03-16T11:00:00.000Z

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 06:45:01 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Panoro Minerals has unveiled a new high-grade strategy for its Cotabambas Copper, Gold, Silver Project in Peru, aiming to develop an open pit mine with a capital-efficient and short-payback profile. The strategy includes a 15,000-meter drill program focused on expanding and upgrading high-grade resources, as well as testing new skarn and porphyry targets. The company highlights existing high-grade indicated and inferred resources and strong historical drill intercepts that the new program will follow up on, all within a mining-friendly jurisdiction with simple metallurgy.

Reasoning: Panoro Minerals has launched a new high-grade strategy for its Cotabambas project, backed by a substantial 15,000m drill program focused on expanding and upgrading high-grade resources, and testing new targets. The project benefits from simple metallurgy and a supportive jurisdiction, with all technical information reviewed by a Qualified Person.

- Positive factor: New high-grade strategy

- Positive factor: Significant 15,000m drill program

- Positive factor: Targets resource growth and upgrade

- Positive factor: Open pit potential

- Positive factor: Simple metallurgy

- Positive factor: Mining-friendly jurisdiction

- Positive factor: QP sign-off

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Drill results presented are historical

- Negative factor: Cut-off grade for resource not disclosed

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

Facts used in scoring: 96

## Classification and evidence

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The scientific and technical information in this news release has been reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a 'Qualified Person' under NI 43-101.

Evidence · text

> reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The scientific and technical information in this news release has been reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a 'Qualified Person' under NI 43-101.

Evidence · text

> a "Qualified Person" under NI 43-101

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill program includes 5,000 m of infill drilling at the North Pit to upgrade additional high-grade resources to the Indicated category.

Evidence · text

> 5,000 m of infill drilling at the North Pit to upgrade additional high-grade resources to the Indicated category

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drill program includes 5,000 m of step-out drilling at the South Pit, targeting the growth of the high-grade resource.

Evidence · text

> 5,000 m of step-out drilling at the South Pit, targeting the growth of the high-grade resource

**Exploration Drilling**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The drill program includes 5,000 m of exploration drilling at the Tamburo and Chaupec targets.

Evidence · text

> 5,000 m of exploration drilling at the Tamburo and Chaupec targets

**Open Pit Potential**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The High-Grade Strategy will define an open pit mine and processing plan.

Evidence · text

> The High-Grade Strategy will define an open pit mine

**Simple Metallurgy**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The project benefits from simple metallurgy together with ample, and growing, regional infrastructure.

Evidence · text

> simple metallurgy

**Mining Friendly Jurisdiction**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The project is located in the mining friendly nation of Peru.

Evidence · text

> mining friendly nation of Peru

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document discusses current high-grade resources and a current 1.0 billion tonne mineral resource estimate.

Evidence · text

> Current high-grade resources stand at 129 Mt grading 1.29% CuEq indicated and 93 Mt grading 1.17% CuEq inferred

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The 2026 exploration program is designed to UPGRADE the high-grade to Indicated category.

Evidence · text

> UPGRADE the high-grade to Indicated category

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: The 2026 exploration program is designed to GROW the high-grade component of the project resource.

Evidence · text

> GROW the high-grade component of the project resource

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The resource estimates do not explicitly state the cut-off grades used for reporting.

Evidence · text

> 129.0 million tonnes @ 0.70% Cu, 0.44 g/t Au, 4.12 g/t Ag \(1.29% CuEq 1 \) Indicated category.

## Extracted facts

Stored fact records: 96. Some facts used in scoring do not have a stored record.

## Drill Results (96)

### CB-205

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-0)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-205
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.65
- Grade Unit: %
- Intercept: 79.2 m
- From: 43.7 m
- To: 122.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-205:43.7-122.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.65

Context: 79.2

### CB-205

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-1)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-205
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.44
- Grade Unit: g/t
- Intercept: 79.2 m
- From: 43.7 m
- To: 122.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-205:43.7-122.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.44

Context: 79.2

### CB-205

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-2)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-205
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 5.19
- Grade Unit: g/t
- Intercept: 79.2 m
- From: 43.7 m
- To: 122.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-205:43.7-122.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 5.19

Context: 79.2

### CB-205

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-3)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-205
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 79.2 m
- From: 43.7 m
- To: 122.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-205:43.7-122.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.3%

Context: 79.2

### CB-206

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-4)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-206
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.56
- Grade Unit: %
- Intercept: 341.7 m
- From: 3.8 m
- To: 345.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-206:3.8-345.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.56

Context: 341.7

### CB-206

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-5)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-206
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.4
- Grade Unit: g/t
- Intercept: 341.7 m
- From: 3.8 m
- To: 345.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-206:3.8-345.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.40

Context: 341.7

### CB-206

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-6)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-206
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 2.75
- Grade Unit: g/t
- Intercept: 341.7 m
- From: 3.8 m
- To: 345.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-206:3.8-345.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 2.75

Context: 341.7

### CB-206

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-7)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-206
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 341.7 m
- From: 3.8 m
- To: 345.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-206:3.8-345.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.1%

Context: 341.7

### CB-207

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-8)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-207
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.56
- Grade Unit: %
- Intercept: 89.7 m
- From: 117.4 m
- To: 207.1 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-207:117.4-207.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.56

Context: 89.7

### CB-207

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-9)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-207
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.51
- Grade Unit: g/t
- Intercept: 89.7 m
- From: 117.4 m
- To: 207.1 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-207:117.4-207.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.51

Context: 89.7

### CB-207

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-10)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-207
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 4.06
- Grade Unit: g/t
- Intercept: 89.7 m
- From: 117.4 m
- To: 207.1 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-207:117.4-207.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 4.06

Context: 89.7

### CB-207

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-11)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-207
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 89.7 m
- From: 117.4 m
- To: 207.1 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-207:117.4-207.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.3%

Context: 89.7

### CB-212

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-12)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-212
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.78
- Grade Unit: %
- Intercept: 74 m
- From: 0 m
- To: 74 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-212:0-74.0
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.78

Context: 74.0

### CB-212

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-13)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-212
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 74 m
- From: 0 m
- To: 74 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-212:0-74.0
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.33

Context: 74.0

### CB-212

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-14)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-212
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 2.8
- Grade Unit: g/t
- Intercept: 74 m
- From: 0 m
- To: 74 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-212:0-74.0
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 2.80

Context: 74.0

### CB-212

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-15)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-212
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 74 m
- From: 0 m
- To: 74 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-212:0-74.0
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.3%

Context: 74.0

### CB-213

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-16)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-213
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.62
- Grade Unit: %
- Intercept: 155.4 m
- From: 8.2 m
- To: 163.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-213:8.2-163.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.62

Context: 155.4

### CB-213

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-17)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-213
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.34
- Grade Unit: g/t
- Intercept: 155.4 m
- From: 8.2 m
- To: 163.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-213:8.2-163.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.34

Context: 155.4

### CB-213

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-18)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-213
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 4.43
- Grade Unit: g/t
- Intercept: 155.4 m
- From: 8.2 m
- To: 163.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-213:8.2-163.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 4.43

Context: 155.4

### CB-213

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-19)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-213
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 155.4 m
- From: 8.2 m
- To: 163.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-213:8.2-163.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.2%

Context: 155.4

### CB-213

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-20)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-213
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.87
- Grade Unit: %
- Intercept: 107.1 m
- From: 202.3 m
- To: 309.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-213:202.3-309.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.87

Context: 107.1

### CB-213

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-21)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-213
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.77
- Grade Unit: g/t
- Intercept: 107.1 m
- From: 202.3 m
- To: 309.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-213:202.3-309.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.77

Context: 107.1

### CB-213

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-22)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-213
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 4.24
- Grade Unit: g/t
- Intercept: 107.1 m
- From: 202.3 m
- To: 309.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-213:202.3-309.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 4.24

Context: 107.1

### CB-213

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-23)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-213
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 107.1 m
- From: 202.3 m
- To: 309.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-213:202.3-309.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 2.0%

Context: 107.1

### CB-214

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-24)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-214
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 1.21
- Grade Unit: %
- Intercept: 117.7 m
- From: 91.4 m
- To: 209.1 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-214:91.4-209.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 1.21

Context: 117.7

### CB-214

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-25)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-214
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.82
- Grade Unit: g/t
- Intercept: 117.7 m
- From: 91.4 m
- To: 209.1 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-214:91.4-209.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.82

Context: 117.7

### CB-214

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-26)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-214
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 11.36
- Grade Unit: g/t
- Intercept: 117.7 m
- From: 91.4 m
- To: 209.1 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-214:91.4-209.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 11.36

Context: 117.7

### CB-214

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-27)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-214
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 117.7 m
- From: 91.4 m
- To: 209.1 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-214:91.4-209.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 2.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 2.5%

Context: 117.7

### CB-214

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-28)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-214
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.48
- Grade Unit: %
- Intercept: 14 m
- From: 231.6 m
- To: 245.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-214:231.6-245.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.48

Context: 14.0

### CB-214

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-29)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-214
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.96
- Grade Unit: g/t
- Intercept: 14 m
- From: 231.6 m
- To: 245.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-214:231.6-245.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.96

Context: 14.0

### CB-214

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-30)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-214
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 20.2
- Grade Unit: g/t
- Intercept: 14 m
- From: 231.6 m
- To: 245.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-214:231.6-245.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 20.20

Context: 14.0

### CB-214

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-31)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-214
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 14 m
- From: 231.6 m
- To: 245.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-214:231.6-245.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 2.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 2.2%

Context: 14.0

### CB-216

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-32)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-216
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.8
- Grade Unit: %
- Intercept: 75.9 m
- From: 49.5 m
- To: 125.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-216:49.5-125.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.80

Context: 75.9

### CB-216

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-33)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-216
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.13
- Grade Unit: g/t
- Intercept: 75.9 m
- From: 49.5 m
- To: 125.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-216:49.5-125.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.13

Context: 75.9

### CB-216

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-34)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-216
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 2.48
- Grade Unit: g/t
- Intercept: 75.9 m
- From: 49.5 m
- To: 125.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-216:49.5-125.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 2.48

Context: 75.9

### CB-216

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-35)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-216
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 75.9 m
- From: 49.5 m
- To: 125.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-216:49.5-125.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.0%

Context: 75.9

### CB-212a

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-36)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-212a
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.83
- Grade Unit: %
- Intercept: 198.6 m
- From: 0 m
- To: 198.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-212a:0-198.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.83

Context: 198.6

### CB-212a

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-37)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-212a
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.74
- Grade Unit: g/t
- Intercept: 198.6 m
- From: 0 m
- To: 198.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-212a:0-198.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.74

Context: 198.6

### CB-212a

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-38)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-212a
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 3.8
- Grade Unit: g/t
- Intercept: 198.6 m
- From: 0 m
- To: 198.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-212a:0-198.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 3.80

Context: 198.6

### CB-212a

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-39)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-212a
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 198.6 m
- From: 0 m
- To: 198.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-212a:0-198.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 1.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.9%

Context: 198.6

### CB-217

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-40)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-217
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.86
- Grade Unit: %
- Intercept: 34 m
- From: 21.6 m
- To: 55.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-217:21.6-55.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.86

Context: 34.0

### CB-217

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-41)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-217
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 34 m
- From: 21.6 m
- To: 55.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-217:21.6-55.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.10

Context: 34.0

### CB-217

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-42)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-217
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 1.19
- Grade Unit: g/t
- Intercept: 34 m
- From: 21.6 m
- To: 55.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-217:21.6-55.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 1.19

Context: 34.0

### CB-217

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-43)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-217
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 34 m
- From: 21.6 m
- To: 55.6 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-217:21.6-55.6
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.0%

Context: 34.0

### CB-224

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-44)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-224
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.72
- Grade Unit: %
- Intercept: 316.9 m
- From: 3 m
- To: 319.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-224:3.0-319.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.72

Context: 316.9

### CB-224

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-45)

Cotabambas · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-224
- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 316.9 m
- From: 3 m
- To: 319.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-224:3.0-319.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.50

Context: 316.9

### CB-224

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-46)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-224
- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 4.01
- Grade Unit: g/t
- Intercept: 316.9 m
- From: 3 m
- To: 319.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-224:3.0-319.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 4.01

Context: 316.9

### CB-224

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-47)

Cotabambas · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CB-224
- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Intercept: 316.9 m
- From: 3 m
- To: 319.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-224:3.0-319.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Metal Eq. Grade: 1.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.5%

Context: 316.9

### CB-195

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-48)

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: 0.55
- Grade Unit: %
- Intercept: 195.8 m
- From: 35 m
- To: 230.8 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-195:35.0-230.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.55

Context: 195.8

### CB-195

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-49)

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: resource
- Sample Type: drill
- Group ID: CB-195:35.0-230.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.52

Context: 195.8

### CB-195

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-50)

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: resource
- Sample Type: drill
- Group ID: CB-195:35.0-230.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 2.88

Context: 195.8

### CB-195

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-51)

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

- Intercept: 195.8 m
- From: 35 m
- To: 230.8 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-195:35.0-230.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.3%

Context: 195.8

### CB-196

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-52)

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: 0.65
- Grade Unit: %
- Intercept: 20.5 m
- From: 194.2 m
- To: 214.7 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-196:194.2-214.7
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.65

Context: 20.5

### CB-196

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-53)

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: resource
- Sample Type: drill
- Group ID: CB-196:194.2-214.7
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.73

Context: 20.5

### CB-196

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-54)

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: resource
- Sample Type: drill
- Group ID: CB-196:194.2-214.7
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 3.91

Context: 20.5

### CB-196

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-55)

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

- Intercept: 20.5 m
- From: 194.2 m
- To: 214.7 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-196:194.2-214.7
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.7%

Context: 20.5

### CB-196

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-56)

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: 0.6
- Grade Unit: %
- Intercept: 23.2 m
- From: 257.7 m
- To: 280.8 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-196:257.7-280.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.60

Context: 23.2

### CB-196

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-57)

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: resource
- Sample Type: drill
- Group ID: CB-196:257.7-280.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.49

Context: 23.2

### CB-196

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-58)

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: resource
- Sample Type: drill
- Group ID: CB-196:257.7-280.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 3.41

Context: 23.2

### CB-196

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-59)

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

- Intercept: 23.2 m
- From: 257.7 m
- To: 280.8 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-196:257.7-280.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.3%

Context: 23.2

### CB-198

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-60)

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: 0.43
- Grade Unit: %
- Intercept: 260 m
- From: 123 m
- To: 382.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-198:123.0-382.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.43

Context: 260.0

### CB-198

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-61)

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: resource
- Sample Type: drill
- Group ID: CB-198:123.0-382.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.61

Context: 260.0

### CB-198

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-62)

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: resource
- Sample Type: drill
- Group ID: CB-198:123.0-382.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 2.72

Context: 260.0

### CB-198

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-63)

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

- Intercept: 260 m
- From: 123 m
- To: 382.9 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-198:123.0-382.9
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.3%

Context: 260.0

### CB-202

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-64)

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: 0.48
- Grade Unit: %
- Intercept: 52.8 m
- From: 287.6 m
- To: 340.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-202:287.6-340.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.48

Context: 52.8

### CB-202

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-65)

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: resource
- Sample Type: drill
- Group ID: CB-202:287.6-340.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.44

Context: 52.8

### CB-202

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-66)

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: resource
- Sample Type: drill
- Group ID: CB-202:287.6-340.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 3.50

Context: 52.8

### CB-202

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-67)

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

- Intercept: 52.8 m
- From: 287.6 m
- To: 340.4 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-202:287.6-340.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.1%

Context: 52.8

### CB-204

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-68)

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: 0.44
- Grade Unit: %
- Intercept: 95 m
- From: 332.8 m
- To: 427.8 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-204:332.8-427.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.44

Context: 95.0

### CB-204

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-69)

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: resource
- Sample Type: drill
- Group ID: CB-204:332.8-427.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.45

Context: 95.0

### CB-204

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-70)

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: resource
- Sample Type: drill
- Group ID: CB-204:332.8-427.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 3.13

Context: 95.0

### CB-204

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-71)

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

- Intercept: 95 m
- From: 332.8 m
- To: 427.8 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-204:332.8-427.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.1%

Context: 95.0

### CB-208

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-72)

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: 0.44
- Grade Unit: %
- Intercept: 66.5 m
- From: 350 m
- To: 416.5 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-208:350.0-416.5
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.44

Context: 66.5

### CB-208

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-73)

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: resource
- Sample Type: drill
- Group ID: CB-208:350.0-416.5
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.54

Context: 66.5

### CB-208

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-74)

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: resource
- Sample Type: drill
- Group ID: CB-208:350.0-416.5
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 3.68

Context: 66.5

### CB-208

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-75)

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

- Intercept: 66.5 m
- From: 350 m
- To: 416.5 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-208:350.0-416.5
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.2%

Context: 66.5

### CB-215

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-76)

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: resource
- Sample Type: drill
- Group ID: CB-215:397.5-511.5
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.44

Context: 114.0

### CB-215

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-77)

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: resource
- Sample Type: drill
- Group ID: CB-215:397.5-511.5
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 0.60

Context: 114.0

### CB-215

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-78)

Cotabambas · silver

Historical result

Needs review: historical\_restatement

#### 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
- Program: resource
- Sample Type: drill
- Group ID: CB-215:397.5-511.5
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Negative factor: Historical data

Evidence · table

> 2.62

Context: 114.0

### CB-215

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-79)

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

- Intercept: 114 m
- From: 397.5 m
- To: 511.5 m

#### Classification

- Deposit Type: porphyry
- Program: resource
- Sample Type: drill
- Group ID: CB-215:397.5-511.5
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### 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: 2026-03-16T00:00:00.000Z

Reasoning: The intercept shows significant grade and length, but it is from previous drilling and not new information.

- Positive factor: High-grade intercept

- Positive factor: Significant intercept length

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Historical data

Evidence · table

> 1.3%

Context: 114.0

### Fact 81

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-80)

Cotabambas · copper

#### Identity

- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.7
- Grade Unit: %

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Indicated category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Indicated category

- Positive factor: Contained metal disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 129.0 million tonnes @ 0.70% Cu

### Fact 82

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-81)

Cotabambas · gold

#### Identity

- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.44
- Grade Unit: g/t

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Indicated category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Indicated category

- Positive factor: Contained metal disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 0.44 g/t Au

### Fact 83

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-82)

Cotabambas · silver

#### Identity

- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 4.12
- Grade Unit: g/t

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Indicated category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Indicated category

- Positive factor: Contained metal disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 4.12 g/t Ag

### Fact 84

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-83)

Cotabambas · copper

#### Identity

- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Metal Eq. Grade: 1.29
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Indicated category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Indicated category

- Positive factor: Metal equivalent assumptions disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 1.29% CuEq

### Fact 85

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-84)

Cotabambas · gold

#### Identity

- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Metal Eq. Grade: 1.07
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Indicated category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Indicated category

- Positive factor: Metal equivalent assumptions disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 1.07 g/t AuEq

### Fact 86

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-85)

Cotabambas · copper

#### Identity

- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.59
- Grade Unit: %

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Inferred category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Contained metal disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Inferred category

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 93.1 million tonnes @ 0.59% Cu

### Fact 87

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-86)

Cotabambas · gold

#### Identity

- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.41
- Grade Unit: g/t

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Inferred category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Contained metal disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Inferred category

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 0.41 g/t Au

### Fact 88

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-87)

Cotabambas · silver

#### Identity

- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 5.31
- Grade Unit: g/t

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Inferred category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Contained metal disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Inferred category

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 5.31 g/t Ag

### Fact 89

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-88)

Cotabambas · copper

#### Identity

- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Metal Eq. Grade: 1.17
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Inferred category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Metal equivalent assumptions disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Inferred category

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 1.17% CuEq

### Fact 90

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-89)

Cotabambas · gold

#### Identity

- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Metal Eq. Grade: 0.97
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial high-grade component in the Inferred category, supporting the project's development strategy.

- Positive factor: High-grade resource

- Positive factor: Metal equivalent assumptions disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Inferred category

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 0.97 g/t AuEq

### Fact 91

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-90)

Cotabambas · copper

#### Identity

- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.34
- Grade Unit: %

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial total resource in the Indicated category, supporting the project's development strategy.

- Positive factor: Indicated category

- Positive factor: Contained metal disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 507.3 million tonnes at 0.34% Cu

### Fact 92

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-91)

Cotabambas · gold

#### Identity

- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.2
- Grade Unit: g/t

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial total resource in the Indicated category, supporting the project's development strategy.

- Positive factor: Indicated category

- Positive factor: Contained metal disclosed

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 0.20 g/t Au

### Fact 93

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-92)

Cotabambas · silver

#### Identity

- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 2.42
- Grade Unit: g/t

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial total resource in the Indicated category, supporting the project's development strategy.

- Positive factor: Indicated category

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 2.42 g/t Ag

### Fact 94

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-93)

Cotabambas · copper

#### Identity

- Project: Cotabambas
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.27
- Grade Unit: %

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial total resource in the Inferred category, supporting the project's development strategy.

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Inferred category

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 496.0 million tonnes @ 0.27% Cu

### Fact 95

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-94)

Cotabambas · gold

#### Identity

- Project: Cotabambas
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 0.17
- Grade Unit: g/t

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial total resource in the Inferred category, supporting the project's development strategy.

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Inferred category

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 0.17 g/t Au

### Fact 96

[Link to this fact](https://atlas-staging.minestarters.com/news/panoro-minerals-defines-high-grade-strategy-for-cotabambas-project--0b63c1c6-272d-4d10-8cbd-f6a3b39cd848#fact-drill-facts-95)

Cotabambas · silver

#### Identity

- Project: Cotabambas
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: PML

#### Geometry

- Grade: 2.53
- Grade Unit: g/t

#### Classification

- Deposit Type: porphyry
- Mining Method: open\_pit

#### Review

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

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: The resource estimate provides a substantial total resource in the Inferred category, supporting the project's development strategy.

- Positive factor: NI 43-101 compliant

- Positive factor: QP signed

- Negative factor: Inferred category

- Negative factor: Cut-off grade undisclosed

Evidence · text

> 2.53 g/t Ag

## 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.
