# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693

Original source: https://money.tmx.com/en/quote/PPX/news/5979725256468993/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04

Publisher: tmx

Original announcement: 2026-09-15T15:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T14:39:57.892Z

Atlas analysis updated: 2026-09-22T14:39:57.892Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Bonanza Intercepts

- Positive factor: High-grade gold, silver, and copper

- Positive factor: Confirmation of geological continuity

- Positive factor: Mineralization remains open at depth and along strike

- Positive factor: New mineralized zone identified

- Positive factor: Robust QA/QC protocols and QP sign-off

- Negative factor: Apparent width only, true width not stated

- Negative factor: Some highest grades are over narrow widths

Facts used in scoring: 50

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: The release 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 Extension**

Polarity: positive

Definition: 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 Only**

Polarity: negative

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

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

Evidence · text

> Length \(m\)\*

**Infill Drilling**

Polarity: neutral

Definition: 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-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-0)

Callanquitas Mine · gold

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Gold grade is weak for underground epithermal deposit

Evidence · table

> 2.21

Context: 3.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-1)

Callanquitas Mine · silver

#### 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 factor: Exceptional silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 693.7

Context: 3.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-2)

Callanquitas Mine · copper

#### 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 factor: Strong copper grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 1.01

Context: 3.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-3)

Callanquitas Mine · gold

#### 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 factor: Strong gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 3.37

Context: 1.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-4)

Callanquitas Mine · silver

#### 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 factor: Exceptional silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 1329.6

Context: 1.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-5)

Callanquitas Mine · copper

#### 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 factor: Exceptional copper grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 1.81

Context: 1.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-6)

Callanquitas Mine · gold

#### 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 factor: Strong gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 5.84

Context: 0.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-7)

Callanquitas Mine · silver

#### 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 factor: Bonanza Intercept

- Positive factor: Exceptional silver grade for underground epithermal deposit

- Positive factor: New best silver grade for the company \(compared to RAG\)

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 2251.0

Context: 0.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-8)

Callanquitas Mine · copper

#### 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 factor: Exceptional copper grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 3.01

Context: 0.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-9)

Callanquitas Mine · gold

#### 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 factor: Strong gold grade for underground epithermal deposit

- Positive factor: New mineralized zone identified

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 5.28

Context: 1.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-10)

Callanquitas Mine · silver

#### 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 factor: New mineralized zone identified

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

- Negative factor: Silver grade is weak for underground epithermal deposit

Evidence · table

> 10.4

Context: 1.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-11)

Callanquitas Mine · gold

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Gold grade is weak for underground epithermal deposit

Evidence · table

> 1.50

Context: 6.15

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-12)

Callanquitas Mine · silver

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Silver grade is weak for underground epithermal deposit

Evidence · table

> 12.6

Context: 6.15

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-13)

Callanquitas Mine · gold

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Gold grade is weak for underground epithermal deposit

Evidence · table

> 2.37

Context: 2.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-14)

Callanquitas Mine · silver

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Silver grade is weak for underground epithermal deposit

Evidence · table

> 16.5

Context: 2.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-15)

Callanquitas Mine · gold

#### 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 factor: Moderate gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 4.31

Context: 0.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-31

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-16)

Callanquitas Mine · silver

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

- Negative factor: Silver grade is weak for underground epithermal deposit

Evidence · table

> 8.0

Context: 0.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-17)

Callanquitas Mine · gold

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Gold grade is weak for underground epithermal deposit

Evidence · table

> 1.21

Context: 16.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-18)

Callanquitas Mine · silver

#### 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 factor: Moderate silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 101.6

Context: 16.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-19)

Callanquitas Mine · copper

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Copper grade is weak for underground epithermal deposit

Evidence · table

> 0.14

Context: 16.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-20)

Callanquitas Mine · gold

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Gold grade is weak for underground epithermal deposit

Evidence · table

> 1.51

Context: 12.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-21)

Callanquitas Mine · silver

#### 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 factor: Moderate silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 120.0

Context: 12.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-22)

Callanquitas Mine · copper

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Copper grade is weak for underground epithermal deposit

Evidence · table

> 0.19

Context: 12.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-23)

Callanquitas Mine · gold

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Gold grade is weak for underground epithermal deposit

Evidence · table

> 1.30

Context: 6.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-24)

Callanquitas Mine · silver

#### 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 factor: Strong silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 191.5

Context: 6.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-25)

Callanquitas Mine · copper

#### 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 factor: Strong copper grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 0.34

Context: 6.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-26)

Callanquitas Mine · gold

#### 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 factor: Strong gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 6.92

Context: 0.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-27)

Callanquitas Mine · silver

#### 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 factor: Exceptional silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 654.0

Context: 0.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-28)

Callanquitas Mine · copper

#### 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 factor: Exceptional copper grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 1.69

Context: 0.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-29)

Callanquitas Mine · gold

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Gold grade is weak for underground epithermal deposit

Evidence · table

> 0.99

Context: 7.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-30)

Callanquitas Mine · silver

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Silver grade is weak for underground epithermal deposit

Evidence · table

> 2.5

Context: 7.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-31)

Callanquitas Mine · gold

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Gold grade is weak for underground epithermal deposit

Evidence · table

> 1.72

Context: 3.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-32)

Callanquitas Mine · silver

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Silver grade is weak for underground epithermal deposit

Evidence · table

> 4.4

Context: 3.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-33)

Callanquitas Mine · gold

#### 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 factor: Strong gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 2.88

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-32

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-34)

Callanquitas Mine · silver

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

- Negative factor: Silver grade is weak for underground epithermal deposit

Evidence · table

> 9.9

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-35)

Callanquitas Mine · gold

#### 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 factor: Strong gold grade for underground epithermal deposit

- Positive factor: Good intercept length

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 3.26

Context: 10.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-36)

Callanquitas Mine · silver

#### 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 factor: Strong silver grade for underground epithermal deposit

- Positive factor: Good intercept length

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 132.6

Context: 10.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-37)

Callanquitas Mine · copper

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good intercept length

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Copper grade is weak for underground epithermal deposit

Evidence · table

> 0.04

Context: 10.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-38)

Callanquitas Mine · gold

#### 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 factor: Strong gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 8.66

Context: 3.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-39)

Callanquitas Mine · silver

#### 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 factor: Strong silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 289.6

Context: 3.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-40)

Callanquitas Mine · copper

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Copper grade is weak for underground epithermal deposit

Evidence · table

> 0.10

Context: 3.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-41)

Callanquitas Mine · gold

#### 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 factor: Strong gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 14.15

Context: 2.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-42)

Callanquitas Mine · silver

#### 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 factor: Strong silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 147.9

Context: 2.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-43)

Callanquitas Mine · copper

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Copper grade is weak for underground epithermal deposit

Evidence · table

> 0.15

Context: 2.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-44)

Callanquitas Mine · gold

#### 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 factor: Exceptional gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 15.86

Context: 1.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-45)

Callanquitas Mine · silver

#### 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 factor: Strong silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

Evidence · table

> 181.9

Context: 1.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-46)

Callanquitas Mine · copper

#### 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 factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Copper grade is weak for underground epithermal deposit

Evidence · table

> 0.18

Context: 1.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-47)

Callanquitas Mine · gold

#### 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 factor: Bonanza Intercept

- Positive factor: Exceptional gold grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 20.04

Context: 0.85

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-48)

Callanquitas Mine · silver

#### 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 factor: Strong silver grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 240.0

Context: 0.85

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### CA-26-33

[Link to this fact](https://atlas-staging.minestarters.com/news/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20-04--a30c7b4c-9634-44ff-aa50-ca81f157c693#fact-drill-facts-49)

Callanquitas Mine · copper

#### 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 factor: Strong copper grade for underground epithermal deposit

- Positive factor: Confirmation of geological continuity

- Positive factor: Good QA/QC protocols

- Negative factor: Apparent width only, true width not stated

- Negative factor: Narrow intercept length

Evidence · table

> 0.27

Context: 0.85

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: 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.
