South Pit Drilling Continues to Intersect High-Grade Mineralization, Cotabambas Project, Peru

Original announcement by orestocks on

Company
Panoro Minerals Ltd.
Ticker
PML.V
Exchange
Unavailable
Region
Peru
Primary commodity
Copper
Secondary commodities
Gold, Silver, Molybdenum
Document categories
Drill results, Resource update
Extracted
2026-09-06 21:49:15 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Panoro Minerals Ltd. announced new drill results from holes CB-229 and CB-230 at its Cotabambas Project in Peru, extending high-grade copper-gold mineralization at the South Pit. The drilling confirmed continuity from surface to over 1,100m depth and along 600m of strike, with mineralization widening at depth and remaining open. The company highlighted the potential for significant growth in the high-grade component of the resource and the discovery of skarn-type mineralization, with comprehensive QA/QC procedures in place.

Reasoning: New drill results from CB-229 and CB-230 confirm and significantly extend high-grade copper-gold mineralization at the South Pit, indicating substantial growth potential for the resource, particularly at depth and along strike, and introduce new skarn potential.

Positive factors

  • High-grade copper-gold intercepts
  • Significant extension of mineralization at depth and along strike
  • Mineralization widening with depth
  • Discovery of skarn-type mineralization indicating further potential
  • Comprehensive QA/QC disclosure and QP sign-off

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

Facts used in scoring: 44

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept of 48.10m at 0.57% Cu (0.87% CuEq) in CB-230 exceeds the exceptional threshold for porphyry copper deposits (0.8% CuEq).

Evidence · table

“0.87”

Context: 48.10

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drill holes CB-229 and CB-230 were designed to test the limits of mineralization and extended high-grade mineralization from surface to 1,100 m depth and along 600 m of strike, with mineralization remaining open.

Evidence · text

“Drill holes CB-229 and CB-230 were designed to test the limits of copper-gold porphyry mineralization to the southeast and below the high-grade South pit resource area.”

QA/QC Disclosedpositive

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

Why it applies: The release details the QA/QC program including certified reference materials, blanks, and duplicates, and states that samples were analyzed by ALS Minerals, an accredited laboratory, and approved by a Qualified Person under NI 43-101.

Evidence · text

“Panoro's quality assurance and quality control (QA/QC) program included the regular insertion of certified reference materials, blanks, and duplicate samples into the sample stream. Samples were prepared at ALS Minerals' sample preparation facility in Lima, Peru, and analyzed at ALS Minerals' accredited laboratory facilities in Peru. Analytical methods included fire assay for gold and atomic absorption and ICP techniques for copper, silver, molybdenum, lead, zinc, mercury, and multi-element analyses. ALS is an independent laboratory accredited to ISO 9001 and ISO/IEC 17025 standards. The scientific and technical information in this news release has been reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101.”

Apparent Width Onlynegative

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

Why it applies: The reported intervals are given as 'Length' in meters, indicating downhole length, with no mention of true width or drill orientation to estimate true thickness.

Evidence · table

“Length”

Context: 303.30

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The document mentions the potential for skarn mineralization similar to those hosting high-grades in nearby operating mines like Las Bambas, Antapaccay, and Constancia.

Evidence · text

“Endo-Skarn can be generated only through interaction with limestone and may suggest the proximity of an Exo-Skarn type environment beneath the South Pit, similar to those hosting the copper high-grades in Las Bambas, Antapaccay and Constancia mines and those occurring in other targets at the Cotabambas project, such as Jean Louis, Chaupec, Tamburo, NW pit and SW pit.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The ongoing drill program includes infill holes to delineate the high-grade component within the South Pit.

Evidence · text

“The step out drill program is continuing with additional drillholes 200 m to the south and north sides of the South Pit and will include infill holes to delineate the high-grade component within the South Pit”

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The document reports 'Indicated Mineral Resources' for the Cotabambas Project.

Evidence · text

“Indicated Mineral Resources of 507.3 million tonnes grading 0.33% copper”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document reports 'Inferred Mineral Resources' for the Cotabambas Project.

Evidence · text

“Inferred Mineral Resources of 496.0 million tonnes grading 0.27% copper”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The scientific and technical information has been reviewed and approved by Luis Vela, P.Geo., a 'Qualified Person' under NI 43-101.

Evidence · text

“The scientific and technical information in this news release has been reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101.”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimate is prepared in compliance with NI 43-101, as indicated by the QP sign-off.

Evidence · text

“The scientific and technical information in this news release has been reviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a "Qualified Person" under NI 43-101.”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides current mineral resource estimates and discusses ongoing drilling to expand and define the high-grade component, implying future updates.

Evidence · text

“The Cotabambas Project hosts: Indicated Mineral Resources of 507.3 million tonnes grading 0.33% copper... The Company is targeting expansion of its higher-grade resources with its current drill program.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a mill_cil route ("CIL")

Extracted facts

Stored fact records: 44. Some facts used in scoring do not have a stored record.

Drill Results (44)

CB-229Cotabambas · copperGrade: 0.14Grade Unit: %Intercept: 303.3 mView all details
Link to this fact

Identity

Hole ID
CB-229
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.14
Grade Unit
%
Intercept
303.3 m
From
349.9 m
To
653.2 m
Intercept Depth
349.9 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-229:349.9-653.2
Mining Method
open_pit

Location

Location
Diorite Host rock
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.29
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: A long intercept of moderate-grade copper-gold mineralization confirms continuity and extends the known footprint, contributing to resource growth.

Positive factors

  • Long intercept length
  • Confirms mineralization continuity

Evidence · table

“0.14”

Context: 303.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-229Cotabambas · copperGrade: 0.27Grade Unit: %Intercept: 69.9 mView all details
Link to this fact

Identity

Hole ID
CB-229
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.27
Grade Unit
%
Intercept
69.9 m
From
507.6 m
To
577.5 m
Intercept Depth
349.9 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-229:507.6-577.5
Mining Method
open_pit

Location

Location
Diorite Host rock
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.62
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: A higher-grade sub-interval within the broader intercept indicates zones of stronger mineralization, supporting the project's high-grade potential.

Positive factors

  • Higher-grade sub-interval
  • Confirms mineralization continuity

Evidence · table

“0.27”

Context: 69.90

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · copperGrade: 0.22Grade Unit: %Intercept: 808.15 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.22
Grade Unit
%
Intercept
808.15 m
From
296.35 m
To
1104.5 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-230:296.35-1104.5
Mining Method
open_pit

Location

Location
Main Porphyry Dyke/ Micro-Diorite
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.35
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: An exceptionally long intercept of copper-gold mineralization confirms significant vertical continuity and widening at depth, indicating substantial resource potential.

Positive factors

  • Exceptional intercept length
  • Confirms vertical continuity to significant depth
  • Mineralization widening with depth

Evidence · table

“0.22”

Context: 808.15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · copperGrade: 0.21Grade Unit: %Intercept: 616.05 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.21
Grade Unit
%
Intercept
616.05 m
From
296.35 m
To
912.4 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-230:296.35-912.4
Mining Method
open_pit

Location

Location
Micro diorite and Diorite Host Rock
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.36
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: A very long intercept within the host rock further confirms the extensive nature of the mineralization.

Positive factors

  • Very long intercept length
  • Confirms continuity within host rock

Evidence · table

“0.21”

Context: 616.05

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · copperGrade: 0.25Grade Unit: %Intercept: 192.1 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.25
Grade Unit
%
Intercept
192.1 m
From
912.4 m
To
1104.5 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-230:912.4-1104.5
Mining Method
open_pit

Location

Location
Main Porphyry Stock
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.36
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: A long intercept at significant depth within the Main Porphyry Stock confirms the deep extension of mineralization.

Positive factors

  • Long intercept at depth
  • Confirms mineralization within Main Porphyry Stock

Evidence · table

“0.25”

Context: 192.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · copperGrade: 0.32Grade Unit: %Intercept: 240.15 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.32
Grade Unit
%
Intercept
240.15 m
From
582.45 m
To
822.6 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-230:582.45-822.6
Mining Method
open_pit

Location

Location
Principal Porphyry Dike/Diorite
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: A long, higher-grade intercept within the Principal Porphyry Dike indicates a significant zone of stronger mineralization.

Positive factors

  • Long, higher-grade intercept
  • Confirms mineralization within Principal Porphyry Dike

Evidence · table

“0.32”

Context: 240.15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · copperGrade: 0.38Grade Unit: %Intercept: 156.5 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.38
Grade Unit
%
Intercept
156.5 m
From
582.45 m
To
738.95 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-230:582.45-738.95
Mining Method
open_pit

Location

Location
Principal Porphyry Dike/Diorite
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.64
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: A high-grade intercept further confirms strong mineralization within the Principal Porphyry Dike, contributing significantly to the project's value.

Positive factors

  • High-grade intercept
  • Confirms strong mineralization within Principal Porphyry Dike

Evidence · table

“0.38”

Context: 156.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · copperGrade: 0.57Grade Unit: %Intercept: 48.1 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.57
Grade Unit
%
Intercept
48.1 m
From
690.85 m
To
738.95 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-230:690.85-738.95
Mining Method
open_pit

Location

Location
Principal Porphyry Dike/Diorite
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.87
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: An exceptional copper equivalent grade of 0.87% CuEq over a significant width represents a bonanza intercept for a porphyry deposit, highlighting very high-grade zones.

Positive factors

  • Bonanza intercept grade
  • Exceptional copper equivalent grade for porphyry
  • Confirms very high-grade zones

Evidence · table

“0.57”

Context: 48.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · copperGrade: 0.27Grade Unit: %Intercept: 33.9 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.27
Grade Unit
%
Intercept
33.9 m
From
998.95 m
To
1032.85 m
Intercept Depth
296.35 m

Classification

Deposit Type
skarn
Program
mixed
Sample Type
drill
Group ID
CB-230:998.95-1032.85
Mining Method
open_pit

Location

Location
EndoSkarn
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: The intersection of skarn-type mineralization is a significant new finding, opening up potential for additional high-grade zones adjacent to the porphyry intrusion.

Positive factors

  • Discovery of skarn-type mineralization
  • Indicates new potential for high-grade zones

Evidence · table

“0.27”

Context: 33.90

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · copperGrade: 0.31Grade Unit: %Intercept: 39.2 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
copper
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.31
Grade Unit
%
Intercept
39.2 m
From
1065.3 m
To
1104.5 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
CB-230:1065.3-1104.5
Mining Method
open_pit

Location

Location
Principal Porphyry Dike
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.41
Metal Eq. Unit
%
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: This intercept at the bottom of the hole confirms the deep extension of the Principal Porphyry mineralization, indicating it remains open at depth.

Positive factors

  • Confirms deep extension of Principal Porphyry mineralization
  • Mineralization remains open at depth

Evidence · table

“0.31”

Context: 39.2

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

Fact 11Cotabambas Project · copperGrade: 0.59Grade Unit: %View all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
copper
Region
peru
Reported Region
Peru
Ticker
PML.V

Geometry

Grade
0.59
Grade Unit
%

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: A significant high-grade inferred resource component offers substantial future potential, pending further drilling to upgrade confidence.

Positive factors

  • High-grade inferred resource component
  • Potential for future conversion to higher confidence categories

Negative factors

  • Lower confidence category

Evidence · text

“Inferred Mineral Resources of an estimated at 93.1 million tonnes grading 0.59% Cu”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

Fact 12Cotabambas Project · goldGrade: 0.41Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
PML.V

Geometry

Grade
0.41
Grade Unit
g/t

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: The high-grade inferred resource includes a strong gold grade, enhancing potential economics, but requires further work to confirm.

Positive factors

  • Strong gold byproduct credit in high-grade component

Negative factors

  • Lower confidence category

Evidence · text

“0.41 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

Fact 13Cotabambas Project · silverGrade: 5.31Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
PML.V

Geometry

Grade
5.31
Grade Unit
g/t

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: The high-grade inferred resource includes a silver grade, providing an additional byproduct credit, but requires further work to confirm.

Positive factors

  • Silver byproduct credit in high-grade component

Negative factors

  • Lower confidence category

Evidence · text

“5.31 g/t Ag”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

Fact 14Cotabambas Project · molybdenumGrade: 0.0027Grade Unit: %View all details
Link to this fact

Identity

Project
Cotabambas Project
Commodity
molybdenum
Region
peru
Reported Region
Peru
Ticker
PML.V

Geometry

Grade
0.0027
Grade Unit
%

Classification

Deposit Type
porphyry
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: The inferred resource includes a molybdenum grade, providing a minor byproduct credit, but requires further work to confirm.

Positive factors

  • Molybdenum byproduct credit

Negative factors

  • Lower confidence category

Evidence · text

“0.0027% molybdenum”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-229Cotabambas · goldGrade: 0.13Grade Unit: g/tIntercept: 303.3 mView all details
Link to this fact

Identity

Hole ID
CB-229
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
303.3 m
From
349.9 m
To
653.2 m
Intercept Depth
349.9 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-229:349.9-653.2
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.13 g/t gold is moderate against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 39.4 g/t·m is moderate (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.13”

Context: CB-229

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-229Cotabambas · silverGrade: 1.3Grade Unit: g/tIntercept: 303.3 mView all details
Link to this fact

Identity

Hole ID
CB-229
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
303.3 m
From
349.9 m
To
653.2 m
Intercept Depth
349.9 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-229:349.9-653.2
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 1.3 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 394.3 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.30”

Context: CB-229

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-229Cotabambas · molybdenumGrade: 0.002Grade Unit: %Intercept: 303.3 mView all details
Link to this fact

Identity

Hole ID
CB-229
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.002
Grade Unit
%
Intercept
303.3 m
From
349.9 m
To
653.2 m
Intercept Depth
349.9 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-229:349.9-653.2
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.002 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0020”

Context: CB-229

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-229Cotabambas · goldGrade: 0.32Grade Unit: g/tIntercept: 69.9 mView all details
Link to this fact

Identity

Hole ID
CB-229
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
69.9 m
From
507.6 m
To
577.5 m
Intercept Depth
507.6 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-229:507.6-577.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.32 g/t gold is moderate against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 22.4 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.32”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-229Cotabambas · silverGrade: 1.83Grade Unit: g/tIntercept: 69.9 mView all details
Link to this fact

Identity

Hole ID
CB-229
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
1.83
Grade Unit
g/t
Intercept
69.9 m
From
507.6 m
To
577.5 m
Intercept Depth
507.6 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-229:507.6-577.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 1.83 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 127.9 g/t·m is below.

Negative factors

  • 1.83 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.83”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-229Cotabambas · molybdenumGrade: 0.0015Grade Unit: %Intercept: 69.9 mView all details
Link to this fact

Identity

Hole ID
CB-229
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0015
Grade Unit
%
Intercept
69.9 m
From
507.6 m
To
577.5 m
Intercept Depth
507.6 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-229:507.6-577.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0015 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0015”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · goldGrade: 0.1Grade Unit: g/tIntercept: 808.15 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
808.15 m
From
296.35 m
To
1104.5 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:296.35-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 g/t gold is moderate against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 80.8 g/t·m is moderate (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.10”

Context: CB-230

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · silverGrade: 1.53Grade Unit: g/tIntercept: 808.15 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
1.53
Grade Unit
g/t
Intercept
808.15 m
From
296.35 m
To
1104.5 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:296.35-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 1.53 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1236.5 g/t·m is moderate (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.53”

Context: CB-230

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · molybdenumGrade: 0.0037Grade Unit: %Intercept: 808.15 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0037
Grade Unit
%
Intercept
808.15 m
From
296.35 m
To
1104.5 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:296.35-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0037 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0037”

Context: CB-230

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · goldGrade: 0.12Grade Unit: g/tIntercept: 616.05 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
616.05 m
From
296.35 m
To
912.4 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:296.35-912.4
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.12 g/t gold is moderate against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 73.9 g/t·m is moderate (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.12”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · silverGrade: 1.66Grade Unit: g/tIntercept: 616.05 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
1.66
Grade Unit
g/t
Intercept
616.05 m
From
296.35 m
To
912.4 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:296.35-912.4
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 1.66 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1022.6 g/t·m is moderate (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.66”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · molybdenumGrade: 0.0018Grade Unit: %Intercept: 616.05 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0018
Grade Unit
%
Intercept
616.05 m
From
296.35 m
To
912.4 m
Intercept Depth
296.35 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:296.35-912.4
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0018 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0018”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · goldGrade: 0.06Grade Unit: g/tIntercept: 192.1 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.06
Grade Unit
g/t
Intercept
192.1 m
From
912.4 m
To
1104.5 m
Intercept Depth
912.4 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:912.4-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 g/t gold is weak against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 11.5 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.06”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · silverGrade: 1.11Grade Unit: g/tIntercept: 192.1 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
1.11
Grade Unit
g/t
Intercept
192.1 m
From
912.4 m
To
1104.5 m
Intercept Depth
912.4 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:912.4-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 1.11 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 213.2 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.11”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · molybdenumGrade: 0.0098Grade Unit: %Intercept: 192.1 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0098
Grade Unit
%
Intercept
192.1 m
From
912.4 m
To
1104.5 m
Intercept Depth
912.4 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:912.4-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0098 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0098”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · goldGrade: 0.18Grade Unit: g/tIntercept: 240.15 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
240.15 m
From
582.45 m
To
822.6 m
Intercept Depth
582.45 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:582.45-822.6
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.18 g/t gold is moderate against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 43.2 g/t·m is moderate (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.18”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · silverGrade: 2.55Grade Unit: g/tIntercept: 240.15 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
2.55
Grade Unit
g/t
Intercept
240.15 m
From
582.45 m
To
822.6 m
Intercept Depth
582.45 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:582.45-822.6
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 2.55 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 612.4 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.55”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · molybdenumGrade: 0.0017Grade Unit: %Intercept: 240.15 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0017
Grade Unit
%
Intercept
240.15 m
From
582.45 m
To
822.6 m
Intercept Depth
582.45 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:582.45-822.6
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0017 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0017”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · goldGrade: 0.22Grade Unit: g/tIntercept: 156.5 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
156.5 m
From
582.45 m
To
738.95 m
Intercept Depth
582.45 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:582.45-738.95
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.22 g/t gold is moderate against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 34.4 g/t·m is moderate (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.22”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · silverGrade: 2.95Grade Unit: g/tIntercept: 156.5 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
2.95
Grade Unit
g/t
Intercept
156.5 m
From
582.45 m
To
738.95 m
Intercept Depth
582.45 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:582.45-738.95
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 2.95 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 461.7 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.95”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · molybdenumGrade: 0.0007Grade Unit: %Intercept: 156.5 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0007
Grade Unit
%
Intercept
156.5 m
From
582.45 m
To
738.95 m
Intercept Depth
582.45 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:582.45-738.95
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0007 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0007”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · goldGrade: 0.25Grade Unit: g/tIntercept: 48.1 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
48.1 m
From
690.85 m
To
738.95 m
Intercept Depth
690.85 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:690.85-738.95
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.25 g/t gold is weak against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 12.0 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.25”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · silverGrade: 4.08Grade Unit: g/tIntercept: 48.1 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
4.08
Grade Unit
g/t
Intercept
48.1 m
From
690.85 m
To
738.95 m
Intercept Depth
690.85 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:690.85-738.95
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 4.08 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 196.2 g/t·m is below.

Negative factors

  • 4.08 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.08”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · molybdenumGrade: 0.0005Grade Unit: %Intercept: 48.1 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0005
Grade Unit
%
Intercept
48.1 m
From
690.85 m
To
738.95 m
Intercept Depth
690.85 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:690.85-738.95
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0005 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0005”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · goldGrade: 0.07Grade Unit: g/tIntercept: 33.9 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.07
Grade Unit
g/t
Intercept
33.9 m
From
998.95 m
To
1032.85 m
Intercept Depth
998.95 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:998.95-1032.85
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.07 g/t gold is below against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 2.4 g/t·m is below.

Negative factors

  • 0.07 g/t gold is below the weak threshold (0.15 g/t) on the porphyry deposit band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.07”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · silverGrade: 0.99Grade Unit: g/tIntercept: 33.9 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.99
Grade Unit
g/t
Intercept
33.9 m
From
998.95 m
To
1032.85 m
Intercept Depth
998.95 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:998.95-1032.85
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.99 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 33.6 g/t·m is below.

Negative factors

  • 0.99 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.99”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · molybdenumGrade: 0.0076Grade Unit: %Intercept: 33.9 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0076
Grade Unit
%
Intercept
33.9 m
From
998.95 m
To
1032.85 m
Intercept Depth
998.95 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:998.95-1032.85
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0076 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0076”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · goldGrade: 0.07Grade Unit: g/tIntercept: 39.2 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
gold
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.07
Grade Unit
g/t
Intercept
39.2 m
From
1065.3 m
To
1104.5 m
Intercept Depth
1065.3 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:1065.3-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 0.07 g/t gold is below against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 2.7 g/t·m is below.

Negative factors

  • 0.07 g/t gold is below the weak threshold (0.15 g/t) on the porphyry deposit band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.07”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · silverGrade: 1.06Grade Unit: g/tIntercept: 39.2 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
silver
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
1.06
Grade Unit
g/t
Intercept
39.2 m
From
1065.3 m
To
1104.5 m
Intercept Depth
1065.3 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:1065.3-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table. 1.06 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 41.6 g/t·m is below.

Negative factors

  • 1.06 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.06”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

CB-230Cotabambas · molybdenumGrade: 0.0034Grade Unit: %Intercept: 39.2 mView all details
Link to this fact

Identity

Hole ID
CB-230
Project
Cotabambas
Commodity
molybdenum
Region
peru
Reported Region
peru
Ticker
PML.V

Geometry

Grade
0.0034
Grade Unit
%
Intercept
39.2 m
From
1065.3 m
To
1104.5 m
Intercept Depth
1065.3 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
CB-230:1065.3-1104.5
Mining Method
open_pit

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-06T00:00:00.000Z

Reasoning: Expanded from assay table: 0.0034 % molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“0.0034”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- **High-grade mineralization extended from surface to 1,100 m depth, a 300 m vertical extension;** - **High-grade "

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.