{"success":true,"data":{"pressRelease":{"id":"160981","rtpr_id":"nNFC742CG-20261005","ticker":"PML","exchange":"","all_tickers":["PML"],"title":"Panoro Signs Long-Term Access Agreement for Cotabambas Project","author":"Newsfile Corp","published_at":"2026-10-05T20:01:18.577Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 5, 2026) - Panoro\nMinerals Ltd. (TSXV: PML) (BVL: PML) (FSE: PZM) (OTCQB: POROF) (\"Panoro\" or\nthe \"Company\") is pleased to announce the signing of a five-year agreement\n(\"Convenio\") with the community of Cochapata (the \"Community\") at the\nCompany's Cotabambas Copper/Gold/Silver Project in Peru.\n\n\"The signing of this agreement with the community of Cochapata is another\nimportant milestone for the Cotabambas Project. It allows the next phase of\ninfill and step-out drilling to commence at the North Pit, and it also\ndemonstrates the high degree of alignment between the Community and Panoro\ntowards the development of the Cotabambas Project into Peru's next important\nmine. This agreement is the third agreement signed with the Community during\nPanoro's exploration and one of various agreements completed in 2026 with\nlocal communities, the Municipality and private landowners,\" states Luquman\nShaheen, President & CEO.\n\nThe Convenio grants Panoro surface access rights across the full extent of the\nCommunity's lands for the next five years. The proposed North Pit is located\nprimarily within the boundaries of the Cochapata Community. The Company will\ncomplete step-out and infill drilling to expand and upgrade the high-grade\ncomponent of the mineral resource, where 150 million tonnes of the current 222\nmillion tonnes are constrained by the North Pit shell. The Company has\npreviously completed the agreements for the ongoing drilling program at the\nSouth Pit.\n\nPanoro is planning approximately 10,000 m of drilling at the North Pit to\nexpand and further define the high-grade portion of the mineral resource,\nincluding upgrading of the resource to the Indicated category, in preparation\nfor pre-feasibility and feasibility studies. Following the drilling program an\nupdate of the mineral resource estimate will be completed in early 2027. The\nCompany plans to complete a Preliminary Economic Assessment by mid-2027 and a\nPre-Feasibility Study by the end of 2027.\n\nThe Convenio includes investment commitments by Panoro into education, local\nemployment, infrastructure and support for seniors. In addition, the Convenio\nprovides for the acquisition of land near the City of Cusco, approximately 120\nkm from Cochapata and in proximity to the parcel of land acquired for the\nCommunity in 2018.\n\nAbout Panoro\n\nPanoro is a Canadian mineral exploration and development company focused on\nadvancing its 100% owned Cotabambas Copper, Gold and Silver Project, located\nin the Apurimac region in southern Peru. The Company is advancing its\nHigh-Grade Strategy to design an open-pit mine focused on the high-grade\ncomponent of the mineral resource, allowing for a capital efficient and\neconomically strong project development plan. The Cotabambas Project hosts:\n*\nIndicated Mineral Resources of 507.3 million tonnes grading 0.33% copper, 0.20\ng/t gold, 2.42 g/t silver, and 0.0021% molybdenum, and\n*\nInferred Mineral Resources of 496.0 million tonnes grading 0.27% copper, 0.17\ng/t gold, 2.53 g/t silver, and 0.0027% molybdenum.\n\nWithin this resource is a higher-grade component comprising:\n*\nIndicated Mineral Resource totals of 129.0 million tonnes grading 0.70% Cu,\n0.44 g/t Au, 4.12 g/t Ag.\n*\nInferred Mineral Resources of an estimated 93.1 million tonnes grading 0.59%\nCu, 0.41 g/t Au, 5.31 g/t Ag.\n\nThe Company is targeting expansion of its higher-grade resources with its\ncurrent drill program.\n\nQualified Person\n\nThe scientific and technical information in this news release has been\nreviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a\n\"Qualified Person\" under NI 43-101.\n\nON BEHALF OF PANORO MINERALS LTD.\nLuquman Shaheen President & CEO\n\nFor Further Information, Please Contact:\nLuquman Shaheen, President & CEO\nEmail: info@panoro.com\nTel: 604 684-4246\nWebsite: www.panoro.com\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nCAUTION REGARDING FORWARD-LOOKING STATEMENTS:\n\nInformation and statements contained in this news release that are not\nhistorical facts are \"forward-looking information\" within the meaning of\napplicable Canadian securities legislation and involve risks and\nuncertainties.\n\nExamples of forward-looking information and statements contained in this news\nrelease include information and statements with respect to:\n*\nthe intended use of proceeds;\n*\nregulatory approval;\n*\nmineral resource estimates and assumptions;\n*\ncompleting its technical objectives; and\n*\nthe Company's plans and expectations for the Cotabambas Project.\n\nVarious assumptions or factors are typically applied in drawing conclusions or\nmaking the forecasts or projections set out in forward-looking information. In\nsome instances, material assumptions and factors are presented or discussed in\nthis news release in connection with the statements or disclosure containing\nthe forward-looking information and statements. You are cautioned that the\nfollowing list of material factors and assumptions is not exhaustive. The\nfactors and assumptions include, but are not limited to, assumptions\nconcerning: the Company receiving final approval in respect of the Offering\nfrom the TSXV; the Company using the net proceeds of the Offering as\nanticipated; metal prices and by-product credits; cut-off grades; short and\nlong term power prices; processing recovery rates; mine plans and production\nscheduling; process and infrastructure design and implementation; accuracy of\nthe estimation of operating and capital costs; applicable tax and royalty\nrates; open-pit design; accuracy of mineral reserve and resource estimates and\nreserve and resource modeling; reliability of sampling and assay data;\nrepresentativeness of mineralization; accuracy of metallurgical test work; and\namenability of upgrading and blending mineralization.\n\nForward-looking statements are subject to a variety of known and unknown\nrisks, uncertainties and other factors which could cause actual events or\nresults to differ materially from those expressed or implied by the\nforward-looking statements, including, without limitation:\n*\nthe risk that the Company does not use the proceeds as currently expected;\n*\nrisks related to not receiving regulatory approval;\n*\nrisks relating to metal price fluctuation;\n*\nrisks relating to estimates of mineral resources, production, capital and\noperating costs, decommissioning, or reclamation expenses, proving to be\ninaccurate;\n*\nthe inherent operational risks associated with mining and mineral exploration,\ndevelopment, mine construction and operating activities, many of which are\nbeyond Panoro's control;\n*\nrisks relating to Panoro's or its partners' ability to enforce legal rights\nunder permits or licenses or risk that Panoro or its partners will become\nsubject to litigation or arbitration that has an adverse outcome;\n*\nrisks relating to Panoro's or its partners' projects being in Peru, including\npolitical, economic, and regulatory instability;\n*\nrisks relating to the uncertainty of applications to obtain, extend or renew\nlicenses and permits;\n*\nrisks relating to potential challenges to Panoro's or its partners' right to\nexplore or develop projects;\n*\nrisks relating to mineral resource estimates being based on interpretations\nand assumptions which may result in less mineral production under actual\ncircumstances;\n*\nrisks relating to Panoro's or its partners' operations being subject to\nenvironmental and remediation requirements, which may increase the cost of\ndoing business and restrict operations;\n*\nrisks relating to being adversely affected by environmental, safety and\nregulatory risks, including increased regulatory burdens or delays and changes\nof law;\n*\nrisks relating to inadequate insurance or inability to obtain insurance;\n*\nrisks relating to the fact that Panoro's and its partners' properties are not\nyet in commercial production;\n*\nrisks relating to fluctuations in foreign currency exchange rates, interest\nrates and tax rates;\n*\nrisks relating to Panoro's ability to raise funding to continue its\nexploration, development, and mining activities; and\n*\ncounterparty risk under Panoro's agreements.\n\nThis list is not exhaustive of the factors that may affect the forward-looking\ninformation and statements contained in this news release. Should one or more\nof these risks and uncertainties materialize, or should underlying assumptions\nprove incorrect, actual results may vary materially from those described in\nthe forward-looking information. The forward-looking information contained in\nthis news release is based on beliefs, expectations, and opinions as of the\ndate of this news release. For the reasons set forth above, readers are\ncautioned not to place undue reliance on forward-looking information. Panoro\ndoes not undertake to update any forward-looking information and statements\nincluded herein, except in accordance with applicable securities laws.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317454","article_body_html":"","raw_payload":{"data":{"id":"nNFC742CG-20261005","title":"Panoro Signs Long-Term Access Agreement for Cotabambas Project","author":"Newsfile Corp","ticker":"PML","created":"2026-10-05T20:01:18.577Z","tickers":["PML"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 5, 2026) - Panoro\nMinerals Ltd. (TSXV: PML) (BVL: PML) (FSE: PZM) (OTCQB: POROF) (\"Panoro\" or\nthe \"Company\") is pleased to announce the signing of a five-year agreement\n(\"Convenio\") with the community of Cochapata (the \"Community\") at the\nCompany's Cotabambas Copper/Gold/Silver Project in Peru.\n\n\"The signing of this agreement with the community of Cochapata is another\nimportant milestone for the Cotabambas Project. It allows the next phase of\ninfill and step-out drilling to commence at the North Pit, and it also\ndemonstrates the high degree of alignment between the Community and Panoro\ntowards the development of the Cotabambas Project into Peru's next important\nmine. This agreement is the third agreement signed with the Community during\nPanoro's exploration and one of various agreements completed in 2026 with\nlocal communities, the Municipality and private landowners,\" states Luquman\nShaheen, President & CEO.\n\nThe Convenio grants Panoro surface access rights across the full extent of the\nCommunity's lands for the next five years. The proposed North Pit is located\nprimarily within the boundaries of the Cochapata Community. The Company will\ncomplete step-out and infill drilling to expand and upgrade the high-grade\ncomponent of the mineral resource, where 150 million tonnes of the current 222\nmillion tonnes are constrained by the North Pit shell. The Company has\npreviously completed the agreements for the ongoing drilling program at the\nSouth Pit.\n\nPanoro is planning approximately 10,000 m of drilling at the North Pit to\nexpand and further define the high-grade portion of the mineral resource,\nincluding upgrading of the resource to the Indicated category, in preparation\nfor pre-feasibility and feasibility studies. Following the drilling program an\nupdate of the mineral resource estimate will be completed in early 2027. The\nCompany plans to complete a Preliminary Economic Assessment by mid-2027 and a\nPre-Feasibility Study by the end of 2027.\n\nThe Convenio includes investment commitments by Panoro into education, local\nemployment, infrastructure and support for seniors. In addition, the Convenio\nprovides for the acquisition of land near the City of Cusco, approximately 120\nkm from Cochapata and in proximity to the parcel of land acquired for the\nCommunity in 2018.\n\nAbout Panoro\n\nPanoro is a Canadian mineral exploration and development company focused on\nadvancing its 100% owned Cotabambas Copper, Gold and Silver Project, located\nin the Apurimac region in southern Peru. The Company is advancing its\nHigh-Grade Strategy to design an open-pit mine focused on the high-grade\ncomponent of the mineral resource, allowing for a capital efficient and\neconomically strong project development plan. The Cotabambas Project hosts:\n*\nIndicated Mineral Resources of 507.3 million tonnes grading 0.33% copper, 0.20\ng/t gold, 2.42 g/t silver, and 0.0021% molybdenum, and\n*\nInferred Mineral Resources of 496.0 million tonnes grading 0.27% copper, 0.17\ng/t gold, 2.53 g/t silver, and 0.0027% molybdenum.\n\nWithin this resource is a higher-grade component comprising:\n*\nIndicated Mineral Resource totals of 129.0 million tonnes grading 0.70% Cu,\n0.44 g/t Au, 4.12 g/t Ag.\n*\nInferred Mineral Resources of an estimated 93.1 million tonnes grading 0.59%\nCu, 0.41 g/t Au, 5.31 g/t Ag.\n\nThe Company is targeting expansion of its higher-grade resources with its\ncurrent drill program.\n\nQualified Person\n\nThe scientific and technical information in this news release has been\nreviewed and approved by Luis Vela, P.Geo., Vice President, Exploration, a\n\"Qualified Person\" under NI 43-101.\n\nON BEHALF OF PANORO MINERALS LTD.\nLuquman Shaheen President & CEO\n\nFor Further Information, Please Contact:\nLuquman Shaheen, President & CEO\nEmail: info@panoro.com\nTel: 604 684-4246\nWebsite: www.panoro.com\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nCAUTION REGARDING FORWARD-LOOKING STATEMENTS:\n\nInformation and statements contained in this news release that are not\nhistorical facts are \"forward-looking information\" within the meaning of\napplicable Canadian securities legislation and involve risks and\nuncertainties.\n\nExamples of forward-looking information and statements contained in this news\nrelease include information and statements with respect to:\n*\nthe intended use of proceeds;\n*\nregulatory approval;\n*\nmineral resource estimates and assumptions;\n*\ncompleting its technical objectives; and\n*\nthe Company's plans and expectations for the Cotabambas Project.\n\nVarious assumptions or factors are typically applied in drawing conclusions or\nmaking the forecasts or projections set out in forward-looking information. In\nsome instances, material assumptions and factors are presented or discussed in\nthis news release in connection with the statements or disclosure containing\nthe forward-looking information and statements. You are cautioned that the\nfollowing list of material factors and assumptions is not exhaustive. The\nfactors and assumptions include, but are not limited to, assumptions\nconcerning: the Company receiving final approval in respect of the Offering\nfrom the TSXV; the Company using the net proceeds of the Offering as\nanticipated; metal prices and by-product credits; cut-off grades; short and\nlong term power prices; processing recovery rates; mine plans and production\nscheduling; process and infrastructure design and implementation; accuracy of\nthe estimation of operating and capital costs; applicable tax and royalty\nrates; open-pit design; accuracy of mineral reserve and resource estimates and\nreserve and resource modeling; reliability of sampling and assay data;\nrepresentativeness of mineralization; accuracy of metallurgical test work; and\namenability of upgrading and blending mineralization.\n\nForward-looking statements are subject to a variety of known and unknown\nrisks, uncertainties and other factors which could cause actual events or\nresults to differ materially from those expressed or implied by the\nforward-looking statements, including, without limitation:\n*\nthe risk that the Company does not use the proceeds as currently expected;\n*\nrisks related to not receiving regulatory approval;\n*\nrisks relating to metal price fluctuation;\n*\nrisks relating to estimates of mineral resources, production, capital and\noperating costs, decommissioning, or reclamation expenses, proving to be\ninaccurate;\n*\nthe inherent operational risks associated with mining and mineral exploration,\ndevelopment, mine construction and operating activities, many of which are\nbeyond Panoro's control;\n*\nrisks relating to Panoro's or its partners' ability to enforce legal rights\nunder permits or licenses or risk that Panoro or its partners will become\nsubject to litigation or arbitration that has an adverse outcome;\n*\nrisks relating to Panoro's or its partners' projects being in Peru, including\npolitical, economic, and regulatory instability;\n*\nrisks relating to the uncertainty of applications to obtain, extend or renew\nlicenses and permits;\n*\nrisks relating to potential challenges to Panoro's or its partners' right to\nexplore or develop projects;\n*\nrisks relating to mineral resource estimates being based on interpretations\nand assumptions which may result in less mineral production under actual\ncircumstances;\n*\nrisks relating to Panoro's or its partners' operations being subject to\nenvironmental and remediation requirements, which may increase the cost of\ndoing business and restrict operations;\n*\nrisks relating to being adversely affected by environmental, safety and\nregulatory risks, including increased regulatory burdens or delays and changes\nof law;\n*\nrisks relating to inadequate insurance or inability to obtain insurance;\n*\nrisks relating to the fact that Panoro's and its partners' properties are not\nyet in commercial production;\n*\nrisks relating to fluctuations in foreign currency exchange rates, interest\nrates and tax rates;\n*\nrisks relating to Panoro's ability to raise funding to continue its\nexploration, development, and mining activities; and\n*\ncounterparty risk under Panoro's agreements.\n\nThis list is not exhaustive of the factors that may affect the forward-looking\ninformation and statements contained in this news release. Should one or more\nof these risks and uncertainties materialize, or should underlying assumptions\nprove incorrect, actual results may vary materially from those described in\nthe forward-looking information. The forward-looking information contained in\nthis news release is based on beliefs, expectations, and opinions as of the\ndate of this news release. For the reasons set forth above, readers are\ncautioned not to place undue reliance on forward-looking information. Panoro\ndoes not undertake to update any forward-looking information and statements\nincluded herein, except in accordance with applicable securities laws.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317454"},"type":"article","timestamp":"2026-10-05T20:01:18.620583511Z","server_sent_at_ms":1791230478620},"received_at":"2026-10-05T20:01:18.671Z","source_url":"https://www.newsfilecorp.com/release/317454"},"analysis":{"id":"149531","press_release_id":"160981","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["project remains pre-production; development timeline subject to community relations and Peru regulatory/political risk"],"eventType":"operations_update","narrative":"Panoro Minerals signed a five-year surface access agreement (Convenio) with the community of Cochapata covering lands at the Cotabambas Copper/Gold/Silver Project in Peru.\n\nThe agreement allows infill and step-out drilling to begin at the North Pit, where the proposed pit sits primarily within Cochapata's boundaries and constrains 150 million tonnes of the current 222 million tonne high-grade resource.\n\nThe company plans approximately 10,000 m of drilling, a resource update in early 2027, a PEA by mid-2027 and a Pre-Feasibility Study by end of 2027.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Community access secured for North Pit -- key permitting de-risk ahead of 2027 PEA and PFS at Cotabambas."},"keyFigures":{"customDimensions":{"pea_timing":"mid-2027","pfs_timing":"end of 2027","inferred_resource":"496.0 Mt @ 0.27% Cu, 0.17 g/t Au, 2.53 g/t Ag, 0.0027% Mo","indicated_resource":"507.3 Mt @ 0.33% Cu, 0.20 g/t Au, 2.42 g/t Ag, 0.0021% Mo","agreement_term_years":5,"resource_update_timing":"early 2027","planned_drilling_meters":"approximately 10,000 m at North Pit","resource_constrained_by_north_pit":"150 million tonnes of 222 million tonnes"}},"quotedText":"The signing of this agreement with the community of Cochapata is another important milestone for the Cotabambas Project.","namedEntities":{"people":[{"name":"Luquman Shaheen","role":"President & CEO"},{"name":"Luis Vela","role":"Vice President, Exploration (Qualified Person)"}],"products":["Cotabambas Copper/Gold/Silver Project"],"companies":[{"name":"Panoro Minerals Ltd.","ticker":"PML","relationship":"filer"},{"name":"Community of Cochapata","relationship":"community agreement counterparty"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Five-year surface access agreement with the Cochapata community de-risks the North Pit drilling program at the 100%-owned Cotabambas project and unlocks the ~10,000 m drill campaign, resource upgrade, PEA and PFS timeline. Positive exploration milestone but not immediately market-moving for a junior explorer."},"tickerRelevance":{"others":[],"primary":"PML"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap junior explorer","eventGravity":"community access agreement enabling drilling milestone","sectorWeight":"copper/gold exploration","householdBrandBoost":0}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Panoro Minerals signed a five-year surface access agreement (Convenio) with the community of Cochapata covering lands at the Cotabambas Copper/Gold/Silver Project in Peru.\n\nThe agreement allows infill and step-out drilling to begin at the North Pit, where the proposed pit sits primarily within Cochapata's boundaries and constrains 150 million tonnes of the current 222 million tonne high-grade resource.\n\nThe company plans approximately 10,000 m of drilling, a resource update in early 2027, a PEA by mid-2027 and a Pre-Feasibility Study by end of 2027.","key_figures":{"customDimensions":{"pea_timing":"mid-2027","pfs_timing":"end of 2027","inferred_resource":"496.0 Mt @ 0.27% Cu, 0.17 g/t Au, 2.53 g/t Ag, 0.0027% Mo","indicated_resource":"507.3 Mt @ 0.33% Cu, 0.20 g/t Au, 2.42 g/t Ag, 0.0021% Mo","agreement_term_years":5,"resource_update_timing":"early 2027","planned_drilling_meters":"approximately 10,000 m at North Pit","resource_constrained_by_north_pit":"150 million tonnes of 222 million tonnes"}},"named_entities":{"people":[{"name":"Luquman Shaheen","role":"President & CEO"},{"name":"Luis Vela","role":"Vice President, Exploration (Qualified Person)"}],"products":["Cotabambas Copper/Gold/Silver Project"],"companies":[{"name":"Panoro Minerals Ltd.","ticker":"PML","relationship":"filer"},{"name":"Community of Cochapata","relationship":"community agreement counterparty"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T20:01:24.161Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap junior explorer","eventGravity":"community access agreement enabling drilling milestone","sectorWeight":"copper/gold exploration","householdBrandBoost":0}},"durationMs":5466,"modelName":"glm-5.3-flashx"}}