PNN: HIGH-GRADE REE EXTENDED AT DEPTH ALONG NEW SECTION AT MDF

Original announcement by asx on Sep 28, 2026

Bullish

Company: Power Minerals Limited
Ticker: PNN
Exchange: ASX
Region: Brazil
Primary commodity: Rare earths
Secondary commodities: Magnet rare earth oxides
Document categories: Drill results
Extracted: 2026-09-29 16:23:27 UTC

Atlas analysis published: Sep 29, 2026

Minestarters Atlas analysis

Summary

Power Minerals Limited announced high-grade rare earth element (REE) drill results from its Morro do Ferro Project in Brazil, extending mineralization at depth and along a new section. Drillhole MFSR-056 intersected 39m at 4.42% TREO (Total Rare Earth Oxides) with 0.95% MREO (Magnet Rare Earth Oxides) from 80m downhole, including a higher-grade zone of 2m at 11.05% TREO and 2.27% MREO. This new drilling expands the known REE mineralization 57m northwest of previous drilling, with further assays pending for the upper part of the hole.

Reasoning: Drillhole MFSR-056 intersected significant high-grade rare earth mineralization (39m at 4.42% TREO including 2m at 11.05% TREO and 2.27% MREO) at depth, extending the known mineralization along a new section 57m northwest of previous drilling. The TREO grades are well above the project's historical average, and the 2.27% MREO interval exceeds the prior best MREO grade, indicating a strong step-out success. Further assays are pending for the upper part of the hole.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed
MREO grade exceeds prior best

Negative factors

Apparent Width Only
Results pending for upper part of hole

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

Facts used in scoring: 66

Classification and evidence

High Recoverypositive · Story-specific tag

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The 11.05% TREO grade over 2m is exceptionally high for rare earth oxides.

Evidence · text

“2m at 11.05% (or 110,554 ppm) TREO”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drillhole MFSR-056 was drilled on a new section 57m northwest of the initial drilling baseline, extending the known mineralization.

Evidence · text

“REO mineralisation has been extended in depth in drillhole MFSR-056; hole drilled to test the next section line, 57m northeast of the initial drilling baseline”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release details the laboratory used (SGS Geosol), its certifications (ISO 9001:2015 and ISO 14001:2015), and QA/QC procedures including blind duplicates and certified standards.

Evidence · text

“SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil. This commercial laboratory is independent and is certified to ISO 9001:2015 and ISO 14001:2015.”

QP/CP Signedpositive · Story-specific tag

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 announcement includes a Competent Persons Statement signed by Steven Cooper, FAusIMM, FGS.

Evidence · text

“Steven Cooper, FAusIMM (No 108265), FGS (No.1030687). Mr Cooper is the Global Exploration Manager and is a full-time employee of the Company.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that reported lengths are downhole distances and may not represent true thickness.

Evidence · text

“Downhole widths: weighted averages of all samples across the reported length, with no cut-off unless stated otherwise, and may not represent true values.”

Stale Data Re-releasenegative

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

Why it applies: Results for drillholes MFSR-051, MFSR-052, MFSR-053, and MFSR-054 are explicitly stated as having been released in prior ASX announcements.

Evidence · text

“Results for MFSR-051, MFSR-052, MFSR-053, and MFSR-054 in ASX announcements dated 31 July, 24 August, 27 August, and 4 and 7 September 2026, respectively.”

Extracted facts

Stored fact records: 66. Some facts used in scoring do not have a stored record.

Drill Results (66)

MFSR-056Morro do Ferro · rare_earthsGrade: 4.42Grade Unit: %Intercept: 39 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.42
Grade Unit: %
Intercept: 39 m
From: 80 m
To: 119 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:80-119

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 39m interval at 4.42% TREO is a strong result, extending mineralization at depth and along a new section. The grade is well above the project's historical average for TREO.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Results pending for upper part of hole

Evidence · text

“39m at 4.42% TREO with 0.95% (or 9,509 ppm) MREO in whole rock from 80m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · magnet_rare_earth_oxidesGrade: 0.95Grade Unit: %Intercept: 39 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 0.95
Grade Unit: %
Intercept: 39 m
From: 80 m
To: 119 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:80-119

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: The 0.95% MREO grade over 39m is below the project's historical average for MREO, but still contributes to the overall rare earth mineralization extension at depth.

Positive factors

Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Results pending for upper part of hole
MREO grade below prior average

Evidence · text

“0.95% (or 9,509 ppm) MREO in whole rock from 80m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 8.91Grade Unit: %Intercept: 6 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 8.91
Grade Unit: %
Intercept: 6 m
From: 92 m
To: 98 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:92-98

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 6m interval at 8.91% TREO is a very strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Results pending for upper part of hole

Evidence · text

“6m at 8.91% TREO with 1.89% (or 18,889 ppm) MREO in whole rock from 92m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · magnet_rare_earth_oxidesGrade: 1.89Grade Unit: %Intercept: 6 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.89
Grade Unit: %
Intercept: 6 m
From: 92 m
To: 98 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:92-98

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: The 1.89% MREO grade over 6m is a strong result, well above the project's historical average for MREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed
MREO grade above prior average

Negative factors

Apparent Width Only
Results pending for upper part of hole

Evidence · text

“1.89% (or 18,889 ppm) MREO in whole rock from 92m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 11.05Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 11.05
Grade Unit: %
Intercept: 2 m
From: 96 m
To: 98 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:96-98

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 11.05% TREO is an exceptionally high-grade intercept, well above the project's historical average for TREO, and represents a significant depth extension of mineralization.

Positive factors

Bonanza Intercept
High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Results pending for upper part of hole

Evidence · text

“2m at 11.05% (or 110,554 ppm) TREO”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · magnet_rare_earth_oxidesGrade: 2.27Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.27
Grade Unit: %
Intercept: 2 m
From: 96 m
To: 98 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:96-98

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: The 2.27% MREO grade over 2m is an exceptionally high-grade intercept, exceeding the project's prior best MREO grade, and represents a significant depth extension of mineralization.

Positive factors

Bonanza Intercept
High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed
MREO grade exceeds prior best

Negative factors

Apparent Width Only
Results pending for upper part of hole

Evidence · text

“2.27% (or 22,735 ppm) MREO”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 2.8944Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.8944
Grade Unit: %
Intercept: 2 m
From: 80 m
To: 82 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:80-82

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 2.89% TREO is a good grade, contributing to the overall extension of mineralization at depth in a new drillhole.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“28944”

Context: 80

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 1.8251Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.8251
Grade Unit: %
Intercept: 2 m
From: 82 m
To: 84 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:82-84

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 1.82% TREO is a moderate grade, but still contributes to the overall extension of mineralization at depth in a new drillhole.

Positive factors

Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“18251”

Context: 82

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 2.2136Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.2136
Grade Unit: %
Intercept: 2 m
From: 84 m
To: 86 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:84-86

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 2.21% TREO is a moderate grade, contributing to the overall extension of mineralization at depth in a new drillhole.

Positive factors

Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“22136”

Context: 84

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 3.4896Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 3.4896
Grade Unit: %
Intercept: 2 m
From: 86 m
To: 88 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:86-88

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 3.49% TREO is a good grade, contributing to the overall extension of mineralization at depth in a new drillhole.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“34896”

Context: 86

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 1.7544Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.7544
Grade Unit: %
Intercept: 2 m
From: 88 m
To: 90 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:88-90

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 1.75% TREO is a moderate grade, but still contributes to the overall extension of mineralization at depth in a new drillhole.

Positive factors

Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“17544”

Context: 88

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 2.7373Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.7373
Grade Unit: %
Intercept: 2 m
From: 90 m
To: 92 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:90-92

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 2.74% TREO is a good grade, contributing to the overall extension of mineralization at depth in a new drillhole.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“27373”

Context: 90

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 7.8757Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 7.8757
Grade Unit: %
Intercept: 2 m
From: 92 m
To: 94 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:92-94

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 7.88% TREO is a very strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“78757”

Context: 92

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 7.8134Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 7.8134
Grade Unit: %
Intercept: 2 m
From: 94 m
To: 96 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:94-96

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 7.81% TREO is a very strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“78134”

Context: 94

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 11.0554Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 11.0554
Grade Unit: %
Intercept: 2 m
From: 96 m
To: 98 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:96-98

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Positive factors

Bonanza Intercept
High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“110554”

Context: 96

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 3.6095Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 3.6095
Grade Unit: %
Intercept: 2 m
From: 98 m
To: 100 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:98-100

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 3.61% TREO is a good grade, contributing to the overall extension of mineralization at depth in a new drillhole.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“36095”

Context: 98

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 6.8175Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 6.8175
Grade Unit: %
Intercept: 2 m
From: 100 m
To: 102 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:100-102

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 6.82% TREO is a very strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“68175”

Context: 100

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 6.3775Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 6.3775
Grade Unit: %
Intercept: 2 m
From: 102 m
To: 104 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:102-104

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 6.38% TREO is a very strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“63775”

Context: 102

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 5.8143Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 5.8143
Grade Unit: %
Intercept: 2 m
From: 104 m
To: 106 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:104-106

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 5.81% TREO is a strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“58143”

Context: 104

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 4.0573Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.0573
Grade Unit: %
Intercept: 2 m
From: 106 m
To: 108 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:106-108

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 4.06% TREO is a strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“40573”

Context: 106

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 2.6552Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.6552
Grade Unit: %
Intercept: 2 m
From: 108 m
To: 110 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:108-110

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 2.66% TREO is a good grade, contributing to the overall extension of mineralization at depth in a new drillhole.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“26552”

Context: 108

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 2.3476Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.3476
Grade Unit: %
Intercept: 2 m
From: 110 m
To: 112 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:110-112

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 2.35% TREO is a moderate grade, but still contributes to the overall extension of mineralization at depth in a new drillhole.

Positive factors

Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“23476”

Context: 110

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 4.9007Grade Unit: %Intercept: 1 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.9007
Grade Unit: %
Intercept: 1 m
From: 112 m
To: 113 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:112-113

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 1m interval at 4.90% TREO is a strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“49007”

Context: 112

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 2.9346Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.9346
Grade Unit: %
Intercept: 2 m
From: 113 m
To: 115 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:113-115

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 2.93% TREO is a good grade, contributing to the overall extension of mineralization at depth in a new drillhole.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“29346”

Context: 113

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 2.8871Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.8871
Grade Unit: %
Intercept: 2 m
From: 115 m
To: 117 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:115-117

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 2.89% TREO is a good grade, contributing to the overall extension of mineralization at depth in a new drillhole.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“28871”

Context: 115

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-056Morro do Ferro · rare_earthsGrade: 4.6059Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MFSR-056
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.6059
Grade Unit: %
Intercept: 2 m
From: 117 m
To: 119 m
Hole Depth: 202.2 m
Intercept Depth: 80 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-056:117-119

Location

Easting: 341816
Northing: 7575970
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1535 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

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

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This 2m interval at 4.61% TREO is a strong high-grade intercept, significantly above the project's historical average for TREO, and contributes to the depth extension of mineralization.

Positive factors

High-grade intercept
Step-Out Extension
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only

Evidence · table

“46059”

Context: 117

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

MFSR-054Morro do Ferro · rare_earthsGrade: 6.33Grade Unit: %Intercept: 88 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 6.33
Grade Unit: %
Intercept: 88 m
From: 0 m
To: 88 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:0-88

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade intercept of 88m at 6.33% TREO from surface, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“6.33”

Context: MFSR-054 0- 88 m (from surface)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · magnet_rare_earth_oxidesGrade: 1.19Grade Unit: %Intercept: 88 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.19
Grade Unit: %
Intercept: 88 m
From: 0 m
To: 88 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:0-88

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO intercept of 88m at 1.19%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“1.19”

Context: MFSR-054 0- 88 m (from surface)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · rare_earthsGrade: 9Grade Unit: %Intercept: 50 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 9
Grade Unit: %
Intercept: 50 m
From: 0 m
To: 50 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:0-50

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade sub-interval of 50m at 9.0% TREO, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“9.0”

Context: Incl. 0- 50 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · magnet_rare_earth_oxidesGrade: 1.66Grade Unit: %Intercept: 50 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.66
Grade Unit: %
Intercept: 50 m
From: 0 m
To: 50 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:0-50

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO sub-interval of 50m at 1.66%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“1.66”

Context: Incl. 0- 50 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · rare_earthsGrade: 12.05Grade Unit: %Intercept: 20 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 12.05
Grade Unit: %
Intercept: 20 m
From: 18 m
To: 38 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:18-38

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade sub-interval of 20m at 12.05% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“12.05”

Context: Incl. 18- 38 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · magnet_rare_earth_oxidesGrade: 2.18Grade Unit: %Intercept: 20 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.18
Grade Unit: %
Intercept: 20 m
From: 18 m
To: 38 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:18-38

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade MREO sub-interval of 20m at 2.18%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“2.18”

Context: Incl. 18- 38 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · rare_earthsGrade: 1.06Grade Unit: %Intercept: 93 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.06
Grade Unit: %
Intercept: 93 m
From: 88 m
To: 181 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:88-181

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported intercept of 93m at 1.06% TREO, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“1.06”

Context: Plus extra 88- 181 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · magnet_rare_earth_oxidesGrade: 0.23Grade Unit: %Intercept: 93 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 0.23
Grade Unit: %
Intercept: 93 m
From: 88 m
To: 181 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:88-181

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO intercept of 93m at 0.23%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“0.23”

Context: Plus extra 88- 181 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · rare_earthsGrade: 4.32Grade Unit: %Intercept: 5 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.32
Grade Unit: %
Intercept: 5 m
From: 181 m
To: 186 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:181-186

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade intercept of 5m at 4.32% TREO, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“4.32”

Context: Then extra 181-186 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · magnet_rare_earth_oxidesGrade: 1.13Grade Unit: %Intercept: 5 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.13
Grade Unit: %
Intercept: 5 m
From: 181 m
To: 186 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:181-186

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO intercept of 5m at 1.13%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“1.13”

Context: Then extra 181-186 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · rare_earthsGrade: 7.85Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 7.85
Grade Unit: %
Intercept: 2 m
From: 184 m
To: 186 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:184-186

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade sub-interval of 2m at 7.85% TREO, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“7.85”

Context: Incl. 184- 186 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-054Morro do Ferro · magnet_rare_earth_oxidesGrade: 2.11Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-054
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.11
Grade Unit: %
Intercept: 2 m
From: 184 m
To: 186 m
Hole Depth: 253.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-054:184-186

Location

Easting: 341805
Northing: 7575870
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1512 m
Azimuth: 45 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-09-07T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade MREO sub-interval of 2m at 2.11%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“2.11”

Context: Incl. 184- 186 m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · rare_earthsGrade: 4.15Grade Unit: %Intercept: 108.55 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.15
Grade Unit: %
Intercept: 108.55 m
From: 0 m
To: 119.3 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:0-119.3

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade intercept of 108.55m at 4.15% TREO, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“4.15”

Context: MFSR-053 0 – 119.3m (from surface)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · magnet_rare_earth_oxidesGrade: 0.82Grade Unit: %Intercept: 108.55 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 0.82
Grade Unit: %
Intercept: 108.55 m
From: 0 m
To: 119.3 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:0-119.3

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO intercept of 108.55m at 0.82%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“0.82”

Context: MFSR-053 0 – 119.3m (from surface)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · rare_earthsGrade: 9.01Grade Unit: %Intercept: 29.25 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 9.01
Grade Unit: %
Intercept: 29.25 m
From: 0 m
To: 35 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:0-35

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade sub-interval of 29.25m at 9.01% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“9.01”

Context: incl. 0 – 35m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · magnet_rare_earth_oxidesGrade: 1.32Grade Unit: %Intercept: 29.25 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.32
Grade Unit: %
Intercept: 29.25 m
From: 0 m
To: 35 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:0-35

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO sub-interval of 29.25m at 1.32%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“1.32”

Context: incl. 0 – 35m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · rare_earthsGrade: 9.34Grade Unit: %Intercept: 6.45 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 9.34
Grade Unit: %
Intercept: 6.45 m
From: 69.55 m
To: 76 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:69.55-76

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade sub-interval of 6.45m at 9.34% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“9.34”

Context: incl. 69.55 – 76m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · magnet_rare_earth_oxidesGrade: 2.87Grade Unit: %Intercept: 6.45 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.87
Grade Unit: %
Intercept: 6.45 m
From: 69.55 m
To: 76 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:69.55-76

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade MREO sub-interval of 6.45m at 2.87%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“2.87”

Context: incl. 69.55 – 76m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · rare_earthsGrade: 13Grade Unit: %Intercept: 26.9 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 13
Grade Unit: %
Intercept: 26.9 m
From: 19 m
To: 45.9 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:19-45.9

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade sub-interval of 26.9m at 13.0% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“13”

Context: incl. 19 – 45.9m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · magnet_rare_earth_oxidesGrade: 2.4Grade Unit: %Intercept: 26.9 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.4
Grade Unit: %
Intercept: 26.9 m
From: 19 m
To: 45.9 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:19-45.9

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade MREO sub-interval of 26.9m at 2.4%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“2.4”

Context: incl. 19 – 45.9m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · rare_earthsGrade: 19.51Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 19.51
Grade Unit: %
Intercept: 2 m
From: 12 m
To: 14 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:12-14

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade sub-interval of 2m at 19.51% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“19.51”

Context: incl. 12 – 14m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · magnet_rare_earth_oxidesGrade: 1.98Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.98
Grade Unit: %
Intercept: 2 m
From: 12 m
To: 14 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:12-14

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade MREO sub-interval of 2m at 1.98%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“1.98”

Context: incl. 12 – 14m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · rare_earthsGrade: 13.84Grade Unit: %Intercept: 1.45 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 13.84
Grade Unit: %
Intercept: 1.45 m
From: 69.55 m
To: 71 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:69.55-71

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade peak sample of 1.45m at 13.84% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“13.84”

Context: peak sample 69.55 – 71m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-053Morro do Ferro · magnet_rare_earth_oxidesGrade: 4.4Grade Unit: %Intercept: 1.45 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-053
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.4
Grade Unit: %
Intercept: 1.45 m
From: 69.55 m
To: 71 m
Hole Depth: 209.55 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-053:69.55-71

Location

Easting: 341834
Northing: 7575904
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 0 °
Dip: -90 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-27T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade MREO peak sample of 1.45m at 4.4%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“4.4”

Context: peak sample 69.55 – 71m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · rare_earthsGrade: 4.31Grade Unit: %Intercept: 137 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.31
Grade Unit: %
Intercept: 137 m
From: 0 m
To: 137 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:0-137

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade intercept of 137m at 4.31% TREO, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“4.31”

Context: MFSR-052 0 – 137m (from surface)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · magnet_rare_earth_oxidesGrade: 0.73Grade Unit: %Intercept: 137 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 0.73
Grade Unit: %
Intercept: 137 m
From: 0 m
To: 137 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:0-137

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO intercept of 137m at 0.73%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“0.73”

Context: MFSR-052 0 – 137m (from surface)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · rare_earthsGrade: 5.45Grade Unit: %Intercept: 105 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 5.45
Grade Unit: %
Intercept: 105 m
From: 0 m
To: 105 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:0-105

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade sub-interval of 105m at 5.45% TREO, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“5.45”

Context: incl. 0 – 105m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · magnet_rare_earth_oxidesGrade: 0.93Grade Unit: %Intercept: 105 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 0.93
Grade Unit: %
Intercept: 105 m
From: 0 m
To: 105 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:0-105

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO sub-interval of 105m at 0.93%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“0.93”

Context: incl. 0 – 105m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · rare_earthsGrade: 9.87Grade Unit: %Intercept: 53 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 9.87
Grade Unit: %
Intercept: 53 m
From: 0 m
To: 53 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:0-53

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade sub-interval of 53m at 9.87% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“9.87”

Context: incl. 0 – 53m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · magnet_rare_earth_oxidesGrade: 1.69Grade Unit: %Intercept: 53 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.69
Grade Unit: %
Intercept: 53 m
From: 0 m
To: 53 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:0-53

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO sub-interval of 53m at 1.69%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“1.69”

Context: incl. 0 – 53m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · rare_earthsGrade: 13Grade Unit: %Intercept: 26.9 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 13
Grade Unit: %
Intercept: 26.9 m
From: 19 m
To: 45.9 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:19-45.9

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade sub-interval of 26.9m at 13.0% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“13”

Context: incl. 19 – 45.9m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · magnet_rare_earth_oxidesGrade: 2.4Grade Unit: %Intercept: 26.9 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 2.4
Grade Unit: %
Intercept: 26.9 m
From: 19 m
To: 45.9 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:19-45.9

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade MREO sub-interval of 26.9m at 2.4%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“2.4”

Context: incl. 19 – 45.9m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · rare_earthsGrade: 19.51Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 19.51
Grade Unit: %
Intercept: 2 m
From: 39 m
To: 41 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:39-41

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade peak sample of 2m at 19.51% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“19.51”

Context: peak sample 39 – 41m (MFP-0178)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-052Morro do Ferro · magnet_rare_earth_oxidesGrade: 3.96Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-052
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 3.96
Grade Unit: %
Intercept: 2 m
From: 39 m
To: 41 m
Hole Depth: 173.3 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-052:39-41

Location

Easting: 341820
Northing: 7575892
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1518 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-08-24T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade MREO peak sample of 2m at 3.96%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“3.96”

Context: peak sample 39 – 41m (MFP-0178)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-051Morro do Ferro · rare_earthsGrade: 4.78Grade Unit: %Intercept: 116 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-051
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 4.78
Grade Unit: %
Intercept: 116 m
From: 0 m
To: 116 m
Hole Depth: 210.9 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-051:0-116

Location

Easting: 341842
Northing: 7575913
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-07-31T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported high-grade intercept of 116m at 4.78% TREO, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“4.78”

Context: MFSR-051 0 – 116m (from surface)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-051Morro do Ferro · magnet_rare_earth_oxidesGrade: 0.78Grade Unit: %Intercept: 116 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-051
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 0.78
Grade Unit: %
Intercept: 116 m
From: 0 m
To: 116 m
Hole Depth: 210.9 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-051:0-116

Location

Easting: 341842
Northing: 7575913
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-07-31T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO intercept of 116m at 0.78%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“0.78”

Context: MFSR-051 0 – 116m (from surface)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-051Morro do Ferro · rare_earthsGrade: 10Grade Unit: %Intercept: 31 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-051
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 10
Grade Unit: %
Intercept: 31 m
From: 14 m
To: 45 m
Hole Depth: 210.9 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-051:14-45

Location

Easting: 341842
Northing: 7575913
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-07-31T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade sub-interval of 31m at 10.0% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“10”

Context: incl. 14 – 45m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-051Morro do Ferro · magnet_rare_earth_oxidesGrade: 1.58Grade Unit: %Intercept: 31 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-051
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 1.58
Grade Unit: %
Intercept: 31 m
From: 14 m
To: 45 m
Hole Depth: 210.9 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-051:14-45

Location

Easting: 341842
Northing: 7575913
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-07-31T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported MREO sub-interval of 31m at 1.58%, providing context for the current results but not new information.

Positive factors

QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“1.58”

Context: incl. 14 – 45m

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-051Morro do Ferro · rare_earthsGrade: 18.12Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-051
Project: Morro do Ferro
Commodity: rare_earths
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 18.12
Grade Unit: %
Intercept: 2 m
From: 0 m
To: 2 m
Hole Depth: 210.9 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-051:0-2

Location

Easting: 341842
Northing: 7575913
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-07-31T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade peak sample of 2m at 18.12% TREO, providing context for the current results but not new information.

Positive factors

Bonanza Intercept
High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“18.12”

Context: peak sample (2m interval)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

MFSR-051Morro do Ferro · magnet_rare_earth_oxidesGrade: 3.66Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MFSR-051
Project: Morro do Ferro
Commodity: magnet_rare_earth_oxides
Region: brazil
Reported Region: brazil
Ticker: PNN

Geometry

Grade: 3.66
Grade Unit: %
Intercept: 2 m
From: 0 m
To: 2 m
Hole Depth: 210.9 m
Intercept Depth: 0 m

Classification

Program: exploration
Sample Type: drill
Group ID: MFSR-051:0-2

Location

Easting: 341842
Northing: 7575913
CRS: WGS84, Zone 23 South
EPSG: 32723
Elevation: 1519 m
Azimuth: 225 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: SGS Geosol Laboratory, Vespasiano, Minas Gerais (MG), Brazil
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed: Yes

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-07-31T00:00:00.000Z

Dates

Event date: 2026-09-28T00:00:00.000Z

Reasoning: This is a previously reported exceptionally high-grade MREO peak sample of 2m at 3.66%, providing context for the current results but not new information.

Positive factors

High-grade intercept
QA/QC Disclosed
QP/CP Signed

Negative factors

Apparent Width Only
Stale Data Re-release

Evidence · table

“3.66”

Context: peak sample (2m interval)

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

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.