PPX Intercepts High-Grade Gold, Silver, and Copper at Callanquitas, Including 20.04 g/t Au over 0.85 m and 2251 g/t Ag With 3.0% Cu over 0.90 m

Original announcement by tmx on

Company
PPX Mining Corp.
Ticker
PPX
Exchange
TSX
Region
northern Peru, La Libertad Department
Primary commodity
Gold
Secondary commodities
Silver, Copper
Document categories
Drill results
Extracted
2026-09-22 14:39:58 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

PPX Mining Corp. announced high-grade gold, silver, and copper drill results from its 2026 underground drilling program at the Callanquitas mine in northern Peru. The program confirmed the continuity of the Tension vein and Callanquitas East zone, with significant intercepts including 20.04 g/t Au over 0.85 m and 2251 g/t Ag with 3.0% Cu over 0.90 m. The mineralization remains open to the north and at depth, justifying continued exploration.

Reasoning: PPX Mining Corp. reported high-grade gold, silver, and copper intercepts from its 2026 underground drilling program at the Callanquitas mine, confirming geological continuity and extending mineralization, including bonanza grades of 20.04 g/t Au and 2251 g/t Ag with 3.01% Cu. The program also identified a new mineralized zone, and the mineralization remains open, indicating significant exploration potential. QA/QC protocols are well-documented, enhancing confidence in the results.

Positive factors

  • Bonanza Intercepts
  • High-grade gold, silver, and copper
  • Confirmation of geological continuity
  • Mineralization remains open at depth and along strike
  • New mineralized zone identified
  • Robust QA/QC protocols and QP sign-off

Negative factors

  • Apparent width only, true width not stated
  • Some highest grades are over narrow widths

Facts used in scoring: 50

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 2251 g/t Ag over 0.90 m is exceptionally high-grade, well above the 500 g/t exceptional threshold for silver in an underground epithermal deposit. The intercept of 20.04 g/t Au over 0.85 m is also exceptionally high-grade, well above the 15 g/t exceptional threshold for gold in an underground epithermal deposit.

Evidence · text

“20.04 g/t Au over 0.85 m and 2251 g/t Ag With 3.0% Cu over 0.90 m”

QA/QC Disclosedpositive

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

Why it applies: The release includes detailed QA/QC protocols, mentioning SGS laboratories, blanks, standards, duplicates, and a Qualified Person sign-off.

Evidence · text

“Core Sampling and QA/QC Protocols PPX geologists collect diamond drill core samples... Samples are sealed, labeled and stored in a secure area before shipment to SGS laboratories in Trujillo-Lima, Peru. In the laboratory, the entire sample is crushed... gold analyzes are performed using a fire assay and atomic adsorption/gravimetry, and silver ICP - multiacid. Blanks, standards and duplicate are inserted approximately every 5 samples; Duplicate fire assay tests approximately every 30 samples and are sent to a second laboratory for reanalysis. Warren Pratt, C. Geol., independent Advisor to the Company, a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling campaign aims to extend the Callanquitas East zone and the Tension vein to the north, south, and at depth.

Evidence · text

“The current drilling campaign aims to extend the Callanquitas East zone and the Tension vein to the north, south, and at depth.”

Apparent Width Onlynegative

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

Why it applies: The intervals are given as downhole widths with no true width or drill orientation information provided to estimate true thickness.

Evidence · text

“Length (m)*”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The release states that some of the holes serve as 'twin and infill holes', indicating confirmatory drilling to raise resource confidence.

Evidence · text

“these three holes serve as twin and infill holes”

Extracted facts

Stored fact records: 50. Some facts used in scoring do not have a stored record.

Drill Results (50)

CA-26-31Callanquitas Mine · goldGrade: 2.21Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
2.21
Grade Unit
g/t
Intercept
3.2 m
From
56.7 m
To
59.9 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:56.7-59.9
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 2.21 g/t Au over 3.2 m is a weak gold grade for an underground epithermal deposit, but it contributes to confirming the geological continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Gold grade is weak for underground epithermal deposit

Evidence · table

“2.21”

Context: 3.20

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · silverGrade: 693.7Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
693.7
Grade Unit
g/t
Intercept
3.2 m
From
56.7 m
To
59.9 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:56.7-59.9
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 693.7 g/t Ag over 3.2 m is an exceptional silver grade for an underground epithermal deposit, significantly above the RAG average for silver (527 g/t), and contributes to confirming the geological continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Exceptional silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“693.7”

Context: 3.20

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · copperGrade: 1.01Grade Unit: %Intercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1.01
Grade Unit
%
Intercept
3.2 m
From
56.7 m
To
59.9 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:56.7-59.9
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 1.01% Cu over 3.2 m is a strong copper grade for an underground epithermal deposit, above the RAG average for copper (1.723% Cu), and contributes to confirming the geological continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong copper grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“1.01”

Context: 3.20

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · goldGrade: 3.37Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
3.37
Grade Unit
g/t
Intercept
1.6 m
From
57.8 m
To
59.4 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:57.8-59.4
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 3.37 g/t Au over 1.6 m is a strong gold grade for an underground epithermal deposit, contributing to the overall high-grade intercept. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“3.37”

Context: 1.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · silverGrade: 1329.6Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1329.6
Grade Unit
g/t
Intercept
1.6 m
From
57.8 m
To
59.4 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:57.8-59.4
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 1329.6 g/t Ag over 1.6 m is an exceptional silver grade for an underground epithermal deposit, significantly above the RAG average for silver (527 g/t), and contributes to the overall high-grade intercept. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Exceptional silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“1329.6”

Context: 1.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · copperGrade: 1.81Grade Unit: %Intercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1.81
Grade Unit
%
Intercept
1.6 m
From
57.8 m
To
59.4 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:57.8-59.4
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 1.81% Cu over 1.6 m is an exceptional copper grade for an underground epithermal deposit, above the RAG average for copper (1.723% Cu), and contributes to the overall high-grade intercept. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Exceptional copper grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“1.81”

Context: 1.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · goldGrade: 5.84Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
5.84
Grade Unit
g/t
Intercept
0.9 m
From
57.8 m
To
58.7 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:57.8-58.7
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 5.84 g/t Au over 0.9 m is a strong gold grade for an underground epithermal deposit, contributing to the overall high-grade intercept. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Strong gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“5.84”

Context: 0.90

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · silverGrade: 2251Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
2251
Grade Unit
g/t
Intercept
0.9 m
From
57.8 m
To
58.7 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:57.8-58.7
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 2251 g/t Ag over 0.9 m is a bonanza and exceptional silver grade for an underground epithermal deposit, significantly exceeding the RAG best grade (1671 g/t Ag) and average (527 g/t Ag). It contributes to the overall high-grade intercept and confirms geological continuity. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Bonanza Intercept
  • Exceptional silver grade for underground epithermal deposit
  • New best silver grade for the company (compared to RAG)
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“2251.0”

Context: 0.90

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · copperGrade: 3.01Grade Unit: %Intercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
3.01
Grade Unit
%
Intercept
0.9 m
From
57.8 m
To
58.7 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:57.8-58.7
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 3.01% Cu over 0.9 m is an exceptional copper grade for an underground epithermal deposit, significantly above the RAG average for copper (1.723% Cu), and contributes to the overall high-grade intercept. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Exceptional copper grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“3.01”

Context: 0.90

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · goldGrade: 5.28Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
5.28
Grade Unit
g/t
Intercept
1.5 m
From
111.9 m
To
113.4 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:111.9-113.4
Mining Method
underground

Location

Location
New (oxides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 5.28 g/t Au over 1.5 m is a strong gold grade for an underground epithermal deposit and represents a newly identified mineralized zone, indicating high novelty. The results are supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Strong gold grade for underground epithermal deposit
  • New mineralized zone identified
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“5.28”

Context: 1.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · silverGrade: 10.4Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
10.4
Grade Unit
g/t
Intercept
1.5 m
From
111.9 m
To
113.4 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:111.9-113.4
Mining Method
underground

Location

Location
New (oxides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 10.4 g/t Ag over 1.5 m is a weak silver grade for an underground epithermal deposit, but it represents a newly identified mineralized zone, indicating high novelty. The results are supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • New mineralized zone identified
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length
  • Silver grade is weak for underground epithermal deposit

Evidence · table

“10.4”

Context: 1.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · goldGrade: 1.5Grade Unit: g/tIntercept: 6.15 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
6.15 m
From
222.6 m
To
228.75 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:222.6-228.75
Mining Method
underground

Location

Location
Callanquitas East (oxides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 1.50 g/t Au over 6.15 m is a weak gold grade for an underground epithermal deposit, but it confirms the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Gold grade is weak for underground epithermal deposit

Evidence · table

“1.50”

Context: 6.15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · silverGrade: 12.6Grade Unit: g/tIntercept: 6.15 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
12.6
Grade Unit
g/t
Intercept
6.15 m
From
222.6 m
To
228.75 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:222.6-228.75
Mining Method
underground

Location

Location
Callanquitas East (oxides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 12.6 g/t Ag over 6.15 m is a weak silver grade for an underground epithermal deposit, but it confirms the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Silver grade is weak for underground epithermal deposit

Evidence · table

“12.6”

Context: 6.15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · goldGrade: 2.37Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
2.37
Grade Unit
g/t
Intercept
2.3 m
From
222.6 m
To
224.9 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:222.6-224.9
Mining Method
underground

Location

Location
Callanquitas East (oxides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 2.37 g/t Au over 2.3 m is a weak gold grade for an underground epithermal deposit, but it confirms the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Gold grade is weak for underground epithermal deposit

Evidence · table

“2.37”

Context: 2.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · silverGrade: 16.5Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
16.5
Grade Unit
g/t
Intercept
2.3 m
From
222.6 m
To
224.9 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:222.6-224.9
Mining Method
underground

Location

Location
Callanquitas East (oxides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 16.5 g/t Ag over 2.3 m is a weak silver grade for an underground epithermal deposit, but it confirms the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Silver grade is weak for underground epithermal deposit

Evidence · table

“16.5”

Context: 2.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · goldGrade: 4.31Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
4.31
Grade Unit
g/t
Intercept
0.6 m
From
222.6 m
To
223.2 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:222.6-223.2
Mining Method
underground

Location

Location
Callanquitas East (oxides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 4.31 g/t Au over 0.6 m is a moderate gold grade for an underground epithermal deposit, confirming the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Moderate gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“4.31”

Context: 0.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-31Callanquitas Mine · silverGrade: 8Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-31
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
8
Grade Unit
g/t
Intercept
0.6 m
From
222.6 m
To
223.2 m
Hole Depth
259.2 m
Intercept Depth
56.7 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-31:222.6-223.2
Mining Method
underground

Location

Location
Callanquitas East (oxides)
Azimuth
41 °
Dip
-23 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 8.0 g/t Ag over 0.6 m is a weak silver grade for an underground epithermal deposit, confirming the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length
  • Silver grade is weak for underground epithermal deposit

Evidence · table

“8.0”

Context: 0.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · goldGrade: 1.21Grade Unit: g/tIntercept: 16.75 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1.21
Grade Unit
g/t
Intercept
16.75 m
From
82.4 m
To
99.15 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-99.15
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 1.21 g/t Au over 16.75 m is a weak gold grade for an underground epithermal deposit, but the good intercept length confirms the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Gold grade is weak for underground epithermal deposit

Evidence · table

“1.21”

Context: 16.75

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · silverGrade: 101.6Grade Unit: g/tIntercept: 16.75 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
101.6
Grade Unit
g/t
Intercept
16.75 m
From
82.4 m
To
99.15 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-99.15
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 101.6 g/t Ag over 16.75 m is a moderate silver grade for an underground epithermal deposit, confirming the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Moderate silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“101.6”

Context: 16.75

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · copperGrade: 0.14Grade Unit: %Intercept: 16.75 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.14
Grade Unit
%
Intercept
16.75 m
From
82.4 m
To
99.15 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-99.15
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 0.14% Cu over 16.75 m is a weak copper grade for an underground epithermal deposit, but the good intercept length confirms the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Copper grade is weak for underground epithermal deposit

Evidence · table

“0.14”

Context: 16.75

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · goldGrade: 1.51Grade Unit: g/tIntercept: 12.1 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1.51
Grade Unit
g/t
Intercept
12.1 m
From
82.4 m
To
94.5 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-94.5
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 1.51 g/t Au over 12.1 m is a weak gold grade for an underground epithermal deposit, but the good intercept length confirms the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Gold grade is weak for underground epithermal deposit

Evidence · table

“1.51”

Context: 12.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · silverGrade: 120Grade Unit: g/tIntercept: 12.1 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
120
Grade Unit
g/t
Intercept
12.1 m
From
82.4 m
To
94.5 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-94.5
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 120.0 g/t Ag over 12.1 m is a moderate silver grade for an underground epithermal deposit, confirming the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Moderate silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“120.0”

Context: 12.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · copperGrade: 0.19Grade Unit: %Intercept: 12.1 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.19
Grade Unit
%
Intercept
12.1 m
From
82.4 m
To
94.5 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-94.5
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 0.19% Cu over 12.1 m is a weak copper grade for an underground epithermal deposit, but the good intercept length confirms the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Copper grade is weak for underground epithermal deposit

Evidence · table

“0.19”

Context: 12.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · goldGrade: 1.3Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
6.6 m
From
82.4 m
To
89 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-89
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 1.30 g/t Au over 6.6 m is a weak gold grade for an underground epithermal deposit, but it confirms the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Gold grade is weak for underground epithermal deposit

Evidence · table

“1.30”

Context: 6.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · silverGrade: 191.5Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
191.5
Grade Unit
g/t
Intercept
6.6 m
From
82.4 m
To
89 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-89
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 191.5 g/t Ag over 6.6 m is a strong silver grade for an underground epithermal deposit, confirming the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“191.5”

Context: 6.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · copperGrade: 0.34Grade Unit: %Intercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.34
Grade Unit
%
Intercept
6.6 m
From
82.4 m
To
89 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-89
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 0.34% Cu over 6.6 m is a strong copper grade for an underground epithermal deposit, confirming the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong copper grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“0.34”

Context: 6.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · goldGrade: 6.92Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
6.92
Grade Unit
g/t
Intercept
0.8 m
From
82.4 m
To
83.2 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-83.2
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 6.92 g/t Au over 0.8 m is a strong gold grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Strong gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“6.92”

Context: 0.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · silverGrade: 654Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
654
Grade Unit
g/t
Intercept
0.8 m
From
82.4 m
To
83.2 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-83.2
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 654.0 g/t Ag over 0.8 m is an exceptional silver grade for an underground epithermal deposit, significantly above the RAG average for silver (527 g/t), and contributes to the overall high-grade intercept. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Exceptional silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“654.0”

Context: 0.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · copperGrade: 1.69Grade Unit: %Intercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1.69
Grade Unit
%
Intercept
0.8 m
From
82.4 m
To
83.2 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:82.4-83.2
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 1.69% Cu over 0.8 m is an exceptional copper grade for an underground epithermal deposit, above the RAG average for copper (1.723% Cu), and contributes to the overall high-grade intercept. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Exceptional copper grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“1.69”

Context: 0.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · goldGrade: 0.99Grade Unit: g/tIntercept: 7.1 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.99
Grade Unit
g/t
Intercept
7.1 m
From
213.2 m
To
220.3 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:213.2-220.3
Mining Method
underground

Location

Location
Callanquitas East (Oxides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 0.99 g/t Au over 7.1 m is a weak gold grade for an underground epithermal deposit, but the good intercept length confirms the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Gold grade is weak for underground epithermal deposit

Evidence · table

“0.99”

Context: 7.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · silverGrade: 2.5Grade Unit: g/tIntercept: 7.1 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
2.5
Grade Unit
g/t
Intercept
7.1 m
From
213.2 m
To
220.3 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:213.2-220.3
Mining Method
underground

Location

Location
Callanquitas East (Oxides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 2.5 g/t Ag over 7.1 m is a weak silver grade for an underground epithermal deposit, but the good intercept length confirms the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Silver grade is weak for underground epithermal deposit

Evidence · table

“2.5”

Context: 7.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · goldGrade: 1.72Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
1.72
Grade Unit
g/t
Intercept
3.3 m
From
213.2 m
To
216.5 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:213.2-216.5
Mining Method
underground

Location

Location
Callanquitas East (Oxides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 1.72 g/t Au over 3.3 m is a weak gold grade for an underground epithermal deposit, but it confirms the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Gold grade is weak for underground epithermal deposit

Evidence · table

“1.72”

Context: 3.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · silverGrade: 4.4Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
3.3 m
From
213.2 m
To
216.5 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:213.2-216.5
Mining Method
underground

Location

Location
Callanquitas East (Oxides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 4.4 g/t Ag over 3.3 m is a weak silver grade for an underground epithermal deposit, but it confirms the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Silver grade is weak for underground epithermal deposit

Evidence · table

“4.4”

Context: 3.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · goldGrade: 2.88Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
2.88
Grade Unit
g/t
Intercept
1 m
From
215.5 m
To
216.5 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:215.5-216.5
Mining Method
underground

Location

Location
Callanquitas East (Oxides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 2.88 g/t Au over 1.0 m is a strong gold grade for an underground epithermal deposit, confirming the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Strong gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“2.88”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-32Callanquitas Mine · silverGrade: 9.9Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
CA-26-32
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
9.9
Grade Unit
g/t
Intercept
1 m
From
215.5 m
To
216.5 m
Hole Depth
255.9 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-32:215.5-216.5
Mining Method
underground

Location

Location
Callanquitas East (Oxides)
Azimuth
39 °
Dip
-30 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 9.9 g/t Ag over 1.0 m is a weak silver grade for an underground epithermal deposit, confirming the continuity of the Callanquitas East zone. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length
  • Silver grade is weak for underground epithermal deposit

Evidence · table

“9.9”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · goldGrade: 3.26Grade Unit: g/tIntercept: 10.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
3.26
Grade Unit
g/t
Intercept
10.6 m
From
151 m
To
161.6 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:151-161.6
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 3.26 g/t Au over 10.6 m is a strong gold grade for an underground epithermal deposit, and the good intercept length confirms the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong gold grade for underground epithermal deposit
  • Good intercept length
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“3.26”

Context: 10.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · silverGrade: 132.6Grade Unit: g/tIntercept: 10.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
132.6
Grade Unit
g/t
Intercept
10.6 m
From
151 m
To
161.6 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:151-161.6
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 132.6 g/t Ag over 10.6 m is a strong silver grade for an underground epithermal deposit, confirming the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong silver grade for underground epithermal deposit
  • Good intercept length
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“132.6”

Context: 10.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · copperGrade: 0.04Grade Unit: %Intercept: 10.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.04
Grade Unit
%
Intercept
10.6 m
From
151 m
To
161.6 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:151-161.6
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This intercept of 0.04% Cu over 10.6 m is a weak copper grade for an underground epithermal deposit, but the good intercept length confirms the continuity of the Tension vein. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good intercept length
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Copper grade is weak for underground epithermal deposit

Evidence · table

“0.04”

Context: 10.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · goldGrade: 8.66Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
8.66
Grade Unit
g/t
Intercept
3.6 m
From
153.2 m
To
156.8 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.2-156.8
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 8.66 g/t Au over 3.6 m is a strong gold grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“8.66”

Context: 3.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · silverGrade: 289.6Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
289.6
Grade Unit
g/t
Intercept
3.6 m
From
153.2 m
To
156.8 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.2-156.8
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 289.6 g/t Ag over 3.6 m is a strong silver grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“289.6”

Context: 3.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · copperGrade: 0.1Grade Unit: %Intercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.1
Grade Unit
%
Intercept
3.6 m
From
153.2 m
To
156.8 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.2-156.8
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 0.10% Cu over 3.6 m is a weak copper grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Copper grade is weak for underground epithermal deposit

Evidence · table

“0.10”

Context: 3.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · goldGrade: 14.15Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
14.15
Grade Unit
g/t
Intercept
2.1 m
From
153.2 m
To
155.3 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.2-155.3
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 14.15 g/t Au over 2.1 m is a strong gold grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“14.15”

Context: 2.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · silverGrade: 147.9Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
147.9
Grade Unit
g/t
Intercept
2.1 m
From
153.2 m
To
155.3 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.2-155.3
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 147.9 g/t Ag over 2.1 m is a strong silver grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“147.9”

Context: 2.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · copperGrade: 0.15Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.15
Grade Unit
%
Intercept
2.1 m
From
153.2 m
To
155.3 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.2-155.3
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 0.15% Cu over 2.1 m is a weak copper grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Copper grade is weak for underground epithermal deposit

Evidence · table

“0.15”

Context: 2.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · goldGrade: 15.86Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
15.86
Grade Unit
g/t
Intercept
1.6 m
From
153.7 m
To
155.3 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.7-155.3
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 15.86 g/t Au over 1.6 m is an exceptional gold grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Exceptional gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“15.86”

Context: 1.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · silverGrade: 181.9Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
181.9
Grade Unit
g/t
Intercept
1.6 m
From
153.7 m
To
155.3 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.7-155.3
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 181.9 g/t Ag over 1.6 m is a strong silver grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Strong silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated

Evidence · table

“181.9”

Context: 1.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · copperGrade: 0.18Grade Unit: %Intercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.18
Grade Unit
%
Intercept
1.6 m
From
153.7 m
To
155.3 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.7-155.3
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 0.18% Cu over 1.6 m is a weak copper grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated. This is for a different project than the RAG comparables.

Positive factors

  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Copper grade is weak for underground epithermal deposit

Evidence · table

“0.18”

Context: 1.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · goldGrade: 20.04Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
20.04
Grade Unit
g/t
Intercept
0.85 m
From
153.7 m
To
154.55 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.7-154.55
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 20.04 g/t Au over 0.85 m is a bonanza and exceptional gold grade for an underground epithermal deposit, significantly above the RAG average for gold (10.093 g/t Au), and contributes to the overall high-grade intercept. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Bonanza Intercept
  • Exceptional gold grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“20.04”

Context: 0.85

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · silverGrade: 240Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
240
Grade Unit
g/t
Intercept
0.85 m
From
153.7 m
To
154.55 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.7-154.55
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 240.0 g/t Ag over 0.85 m is a strong silver grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Strong silver grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“240.0”

Context: 0.85

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

CA-26-33Callanquitas Mine · copperGrade: 0.27Grade Unit: %Intercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
CA-26-33
Project
Callanquitas Mine
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PPX

Geometry

Grade
0.27
Grade Unit
%
Intercept
0.85 m
From
153.7 m
To
154.55 m
Hole Depth
262.4 m
Intercept Depth
151 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
CA-26-33:153.7-154.55
Mining Method
underground

Location

Location
Tension (Sulfides)
Azimuth
39 °
Dip
-44 °
Loc. Source
document

QA/QC

Laboratory
SGS Peru laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: This sub-interval of 0.27% Cu over 0.85 m is a strong copper grade for an underground epithermal deposit, contributing to the overall high-grade intercept and confirming geological continuity. The results are new and supported by robust QA/QC, though true width is not stated and the intercept is narrow. This is for a different project than the RAG comparables.

Positive factors

  • Strong copper grade for underground epithermal deposit
  • Confirmation of geological continuity
  • Good QA/QC protocols

Negative factors

  • Apparent width only, true width not stated
  • Narrow intercept length

Evidence · table

“0.27”

Context: 0.85

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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.