# PNN: HIGH-GRADE REE EXTENDED AT DEPTH ALONG NEW SECTION AT MDF Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145161 Publisher: asx Original announcement: 2026-09-28T23:14:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-29T16:23:26.509Z Atlas analysis updated: 2026-09-29T16:23:26.509Z - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Positive factor: MREO grade exceeds prior best - Negative factor: Apparent Width Only - Negative factor: 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 Recovery** Polarity: positive Story-specific tag Definition: 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 Extension** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The 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 Only** Polarity: negative Definition: 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-release** Polarity: negative Definition: 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-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-0) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: 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 Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-1) Morro do Ferro · magnet\_rare\_earth\_oxides #### 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 factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Results pending for upper part of hole - Negative factor: 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 Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-2) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: 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 Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-3) Morro do Ferro · magnet\_rare\_earth\_oxides #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Positive factor: MREO grade above prior average - Negative factor: Apparent Width Only - Negative factor: 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 Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-4) Morro do Ferro · rare\_earths #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Results pending for upper part of hole Evidence · text > 2m at 11.05% \(or 110,554 ppm\) TREO #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-5) Morro do Ferro · magnet\_rare\_earth\_oxides #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Positive factor: MREO grade exceeds prior best - Negative factor: Apparent Width Only - Negative factor: Results pending for upper part of hole Evidence · text > 2.27% \(or 22,735 ppm\) MREO #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-6) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 28944 Context: 80 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-7) Morro do Ferro · rare\_earths #### 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 factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 18251 Context: 82 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-8) Morro do Ferro · rare\_earths #### 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 factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 22136 Context: 84 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-9) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 34896 Context: 86 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-10) Morro do Ferro · rare\_earths #### 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 factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 17544 Context: 88 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-11) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 27373 Context: 90 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-12) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 78757 Context: 92 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-13) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 78134 Context: 94 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-14) Morro do Ferro · rare\_earths #### 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 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 110554 Context: 96 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-15) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 36095 Context: 98 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-16) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 68175 Context: 100 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-17) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 63775 Context: 102 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-18) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 58143 Context: 104 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-19) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 40573 Context: 106 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-20) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 26552 Context: 108 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-21) Morro do Ferro · rare\_earths #### 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 factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 23476 Context: 110 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-22) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 49007 Context: 112 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-23) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 29346 Context: 113 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-24) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 28871 Context: 115 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-25) Morro do Ferro · rare\_earths #### 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 factor: High-grade intercept - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only Evidence · table > 46059 Context: 117 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-26) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 6.33 Context: MFSR-054 0- 88 m \(from surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-27) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 1.19 Context: MFSR-054 0- 88 m \(from surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-28) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 9.0 Context: Incl. 0- 50 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-29) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 1.66 Context: Incl. 0- 50 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-30) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 12.05 Context: Incl. 18- 38 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-31) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 2.18 Context: Incl. 18- 38 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-32) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 1.06 Context: Plus extra 88- 181 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-33) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 0.23 Context: Plus extra 88- 181 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-34) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 4.32 Context: Then extra 181-186 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-35) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 1.13 Context: Then extra 181-186 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-36) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 7.85 Context: Incl. 184- 186 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-054 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-37) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 2.11 Context: Incl. 184- 186 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-38) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 4.15 Context: MFSR-053 0 – 119.3m \(from surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-39) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 0.82 Context: MFSR-053 0 – 119.3m \(from surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-40) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 9.01 Context: incl. 0 – 35m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-41) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 1.32 Context: incl. 0 – 35m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-42) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 9.34 Context: incl. 69.55 – 76m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-43) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 2.87 Context: incl. 69.55 – 76m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-44) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 13 Context: incl. 19 – 45.9m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-45) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 2.4 Context: incl. 19 – 45.9m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-46) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 19.51 Context: incl. 12 – 14m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-47) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 1.98 Context: incl. 12 – 14m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-48) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 13.84 Context: peak sample 69.55 – 71m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-053 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-49) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 4.4 Context: peak sample 69.55 – 71m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-50) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 4.31 Context: MFSR-052 0 – 137m \(from surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-51) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 0.73 Context: MFSR-052 0 – 137m \(from surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-52) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 5.45 Context: incl. 0 – 105m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-53) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 0.93 Context: incl. 0 – 105m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-54) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 9.87 Context: incl. 0 – 53m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-55) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 1.69 Context: incl. 0 – 53m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-56) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 13 Context: incl. 19 – 45.9m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-57) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 2.4 Context: incl. 19 – 45.9m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-58) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 19.51 Context: peak sample 39 – 41m \(MFP-0178\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-052 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-59) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 3.96 Context: peak sample 39 – 41m \(MFP-0178\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-051 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-60) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 4.78 Context: MFSR-051 0 – 116m \(from surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-051 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-61) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 0.78 Context: MFSR-051 0 – 116m \(from surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-051 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-62) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 10 Context: incl. 14 – 45m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-051 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-63) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 1.58 Context: incl. 14 – 45m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-051 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-64) Morro do Ferro · rare\_earths Historical result Needs review: historical\_restatement #### 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 factor: Bonanza Intercept - Positive factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 18.12 Context: peak sample \(2m interval\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### MFSR-051 [Link to this fact](https://atlas-staging.minestarters.com/news/pnn-high-grade-ree-extended-at-depth-along-new-section-at-mdf--aa3041be-82b9-43fc-9cca-15f7e03095ef#fact-drill-facts-65) Morro do Ferro · magnet\_rare\_earth\_oxides Historical result Needs review: historical\_restatement #### 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 factor: High-grade intercept - Positive factor: QA/QC Disclosed - Positive factor: QP/CP Signed - Negative factor: Apparent Width Only - Negative factor: Stale Data Re-release Evidence · table > 3.66 Context: peak sample \(2m interval\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: 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.