# Perseverance Metals Intersects High Grade 4.07% Nickel over 2.1m with 0.69% Copper, 0.12% Cobalt, and 1.86g/t PGEs from Baseline Zone Discovery, Lac Gayot Project, Québec Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/perseverance-metals-intersects-high-grade-4-07-nickel-over-2-1m-with-0-69-copper--fa4ff55d-7d98-4247-a36f-91243b953ffc Original source: https://finance.yahoo.com/news/perseverance-metals-intersects-high-grade-123000229.html Publisher: yahoo\_press Original announcement: 2026-01-08T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-19T10:10:36.402Z Atlas analysis updated: 2026-09-19T10:10:36.402Z - Company: Perseverance Metals Inc. - Ticker: PMI - Exchange: TSXV - Region: Québec - Primary commodity: Nickel - Secondary commodities: Copper, Cobalt, Platinum - Document categories: Drill results - Extracted: 2026-09-19 10:10:37 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Perseverance Metals has reported high-grade drill results from the Baseline Zone of the Lac Gayot Project in Québec. The results include a significant intercept of 4.07% nickel over 2.1 metres, accompanied by copper, cobalt, and PGE mineralization. Reasoning: The intercept of 4.07% Ni over 2.1m is exceptional for a nickel project and significantly exceeds the project's prior best grade of 4.13% Ni over 0.3m in terms of grade-width product. - Positive factor: High-grade nickel intercept - Positive factor: Polymetallic nature \(Ni-Cu-Co-PGE\) - Positive factor: Discovery of massive sulphides Facts used in scoring: 4 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 4.07% Ni is exceptionally high for a nickel project. Evidence · text > 4.07% Nickel ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### BAS-25-003 [Link to this fact](https://atlas-staging.minestarters.com/news/perseverance-metals-intersects-high-grade-4-07-nickel-over-2-1m-with-0-69-copper--fa4ff55d-7d98-4247-a36f-91243b953ffc#fact-drill-facts-0) Lac Gayot · nickel #### Identity - Hole ID: BAS-25-003 - Project: Lac Gayot - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: PMI #### Geometry - Grade: 4.07 - Grade Unit: % - Intercept: 2.1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BAS-25-003:0.0-2.1 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-08T00:00:00.000Z Reasoning: 4.07% Ni is an exceptional grade for this deposit type. - Positive factor: High grade nickel Evidence · text > 4.07% Nickel over 2.1m #### Tags used in scoring **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: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### BAS-25-003 [Link to this fact](https://atlas-staging.minestarters.com/news/perseverance-metals-intersects-high-grade-4-07-nickel-over-2-1m-with-0-69-copper--fa4ff55d-7d98-4247-a36f-91243b953ffc#fact-drill-facts-1) Lac Gayot · copper #### Identity - Hole ID: BAS-25-003 - Project: Lac Gayot - Commodity: copper - Region: canada\_qc - Reported Region: canada\_qc - Ticker: PMI #### Geometry - Grade: 0.69 - Grade Unit: % - Intercept: 2.1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BAS-25-003:0.0-2.1 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-08T00:00:00.000Z Reasoning: Strong copper grade accompanying the nickel. - Positive factor: Co-occurring copper Evidence · text > 0.69% Copper #### Tags used in scoring **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: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### BAS-25-003 [Link to this fact](https://atlas-staging.minestarters.com/news/perseverance-metals-intersects-high-grade-4-07-nickel-over-2-1m-with-0-69-copper--fa4ff55d-7d98-4247-a36f-91243b953ffc#fact-drill-facts-2) Lac Gayot · cobalt #### Identity - Hole ID: BAS-25-003 - Project: Lac Gayot - Commodity: cobalt - Region: canada\_qc - Reported Region: canada\_qc - Ticker: PMI #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 2.1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BAS-25-003:0.0-2.1 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-08T00:00:00.000Z Reasoning: Presence of cobalt adds value to the nickel intercept. - Positive factor: Cobalt presence Evidence · text > 0.12% Cobalt #### Tags used in scoring **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: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### BAS-25-003 [Link to this fact](https://atlas-staging.minestarters.com/news/perseverance-metals-intersects-high-grade-4-07-nickel-over-2-1m-with-0-69-copper--fa4ff55d-7d98-4247-a36f-91243b953ffc#fact-drill-facts-3) Lac Gayot · platinum #### Identity - Hole ID: BAS-25-003 - Project: Lac Gayot - Commodity: platinum - Region: canada\_qc - Reported Region: canada\_qc - Ticker: PMI #### Geometry - Grade: 1.86 - Grade Unit: g/t - Intercept: 2.1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BAS-25-003:0.0-2.1 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-08T00:00:00.000Z Reasoning: PGEs contribute to the polymetallic value of the intercept. - Positive factor: PGE presence Evidence · text > 1.86g/t PGEs #### Tags used in scoring **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: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.