# Perpetual Resources unearths tungsten clues in drill data archive

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/perpetual-resources-unearths-tungsten-clues-in-drill-data-archive--5248a4d9-3265-4c3f-a9fe-3c0fb12f96ce

Original source: https://stockhead.com.au/resources/perpetual-resources-unearths-tungsten-clues-in-drill-data-archive/

Publisher: stockhead

Original announcement: 2026-08-31T03:00:23.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Perpetual Resources

- Ticker: PEC

- Exchange: Unavailable

- Region: Nevada

- Primary commodity: Tungsten

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-31 05:03:44 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Perpetual Resources has identified multiple high-grade tungsten intercepts through a review of historical drilling data at its Nevada Scheelite project. The review of the first 10% of the archive has uncovered 22 holes with elevated tungsten, providing targets for future modern drilling and 3D modeling.

Reasoning: The announcement reports encouraging high-grade tungsten intercepts from a historical data review, though the data is old and requires modern verification.

- Positive factor: high-grade historical intercepts

- Positive factor: skarn system identified

- Positive factor: digitization of archive provides foundation for 3D modeling

- Negative factor: historical data requires modern validation

- Negative factor: only 10% of archive reviewed so far

Facts used in scoring: 5

## Classification and evidence

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The results are historical intercepts transcribed from 1968 records.

Evidence · text

> They were transcribed from 1968 Union Carbide records.

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The release mentions the need for modern validation and re-assay but does not provide current QA/QC protocols for the historical data.

Evidence · text

> While these historical results require modern validation

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### G-17

[Link to this fact](https://atlas-staging.minestarters.com/news/perpetual-resources-unearths-tungsten-clues-in-drill-data-archive--5248a4d9-3265-4c3f-a9fe-3c0fb12f96ce#fact-drill-facts-0)

Nevada Scheelite · tungsten

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: G-17
- Project: Nevada Scheelite
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: PEC

#### Geometry

- Grade: 2.4
- Grade Unit: % WO3
- Intercept: 8.2 m

#### Classification

- Sample Type: drill
- Group ID: G-17:0-8.2

#### Review

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

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Historical intercept reported as a reference point.

- Positive factor: high grade

- Negative factor: historical data

Evidence · text

> 8.2m grading 2.4% tungsten trioxide in hole G-17

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/perpetual-resources-unearths-tungsten-clues-in-drill-data-archive--5248a4d9-3265-4c3f-a9fe-3c0fb12f96ce#fact-drill-facts-1)

Nevada Scheelite · tungsten

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Nevada Scheelite
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: PEC

#### Geometry

- Grade: 1.95
- Grade Unit: % WO3
- Intercept: 7.01 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: High grade historical intercept identified in archive review.

- Positive factor: high grade

- Negative factor: historical data

Evidence · text

> 7.01m at 1.95% WO3

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/perpetual-resources-unearths-tungsten-clues-in-drill-data-archive--5248a4d9-3265-4c3f-a9fe-3c0fb12f96ce#fact-drill-facts-2)

Nevada Scheelite · tungsten

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Nevada Scheelite
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: PEC

#### Geometry

- Grade: 1.5
- Grade Unit: % WO3
- Intercept: 7.59 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: High grade historical intercept identified in archive review.

- Positive factor: high grade

- Negative factor: historical data

Evidence · text

> 7.59m at 1.50% WO3

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/perpetual-resources-unearths-tungsten-clues-in-drill-data-archive--5248a4d9-3265-4c3f-a9fe-3c0fb12f96ce#fact-drill-facts-3)

Nevada Scheelite · tungsten

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Nevada Scheelite
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: PEC

#### Geometry

- Grade: 1.1
- Grade Unit: % WO3
- Intercept: 8.6 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: High grade historical intercept identified in archive review.

- Positive factor: high grade

- Negative factor: historical data

Evidence · text

> 8.60m at 1.10% WO3

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/perpetual-resources-unearths-tungsten-clues-in-drill-data-archive--5248a4d9-3265-4c3f-a9fe-3c0fb12f96ce#fact-drill-facts-4)

Nevada Scheelite · tungsten

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Nevada Scheelite
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: PEC

#### Geometry

- Grade: 1.54
- Grade Unit: % WO3
- Intercept: 5.49 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: High grade historical intercept identified in archive review.

- Positive factor: high grade

- Negative factor: historical data

Evidence · text

> 5.49m at 1.54% WO3

## 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.