# Smooth Rock Announces Diamond Drill Program at the Palmetto Gold Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3

Original source: https://money.tmx.com/en/quote/SMRV/news/4785282060375228/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project

Publisher: tmx

Original announcement: 2021-02-11T14:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Smooth Rock Ventures Corp.

- Ticker: SOCK

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Drill results

- Extracted: 2026-09-16 23:17:31 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Smooth Rock Ventures Corp. has announced an upcoming diamond drill program at the Palmetto Gold Project in Nevada to expand the current resource. The company restated its current Inferred resource of 9.57 Mt at 0.96 g/t Au and 6.58 g/t Ag, which was prepared by WSP Canada Inc.

Reasoning: The announcement details an upcoming drill program intended to expand an existing inferred resource, while restating the current resource metrics.

- Positive factor: Upcoming drill program designed for resource expansion

- Positive factor: Existing inferred resource with significant silver credits

- Positive factor: NI 43-101 compliant resource estimation

- Negative factor: Resource is entirely Inferred category

- Negative factor: Drill program was delayed due to COVID-19

Facts used in scoring: 10

## Classification and evidence

**Inferred Resource**

Polarity: negative

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

Why it applies: The entire resource is classified as Inferred category.

Evidence · text

> classified as an inferred resource

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The resource estimation was completed using NI 43-101 standards.

Evidence · text

> completed using NI 43-101 standards of practice

**QP/CP Signed**

Polarity: positive

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

Why it applies: An independent Qualified Person \(Todd McCracken, P.Geo.\) is named and responsible for the estimation.

Evidence · text

> prepared by WSP's author and independent qualified person, Todd McCracken, P.Geo.

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Resource Estimates (10)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-0)

Palmetto Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1a8af1b5ad3d528e61b5
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unspecified

#### Resource Data

- Category: inferred
- Tonnes: 9397000
- Grade: 0.93
- Grade Unit: g/t
- Contained Metal: 281581
- Contained Unit: oz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred pit resource.

Evidence · table

> 0.93

Context: 9,397

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-1)

Palmetto Gold Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1a8af1b5ad3d528e61b5
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unspecified

#### Resource Data

- Category: inferred
- Tonnes: 9397000
- Grade: 6.38
- Grade Unit: g/t
- Contained Metal: 1926652
- Contained Unit: oz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred pit silver grade.

Evidence · table

> 6.38

Context: 9,397

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-2)

Palmetto Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto Gold Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:ea7b04f7b20993e62e0b
- Deposit or zone: U/G
- Mining method: underground
- Material type: unspecified

#### Resource Data

- Category: inferred
- Tonnes: 170000
- Grade: 2.76
- Grade Unit: g/t
- Contained Metal: 11114
- Contained Unit: oz
- Cutoff Grade: 2
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred underground gold resource.

Evidence · table

> 2.76

Context: 170

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-3)

Palmetto Gold Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto Gold Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:ea7b04f7b20993e62e0b
- Deposit or zone: U/G
- Mining method: underground
- Material type: unspecified

#### Resource Data

- Category: inferred
- Tonnes: 170000
- Grade: 17.51
- Grade Unit: g/t
- Contained Metal: 95926
- Contained Unit: oz
- Cutoff Grade: 2
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred underground silver grade.

Evidence · table

> 17.51

Context: 170

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-4)

Palmetto · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:ce78745cddf2a394f62d
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unspecified

#### Resource Data

- Category: inferred
- Tonnes: 9397
- Grade: 0.93
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred pit resource. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.93

Context: 9,397

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-5)

Palmetto · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:ce78745cddf2a394f62d
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unspecified

#### Resource Data

- Category: inferred
- Tonnes: 9397
- Grade: 6.38
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred pit resource. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 6.38

Context: 9,397

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-6)

Palmetto · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:bf24d16178d363fd6c04
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unspecified

#### Resource Data

- Category: inferred
- Tonnes: 170
- Grade: 2.76
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred pit resource. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 2.76

Context: 170

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-7)

Palmetto · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:bf24d16178d363fd6c04
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unspecified

#### Resource Data

- Category: inferred
- Tonnes: 170
- Grade: 17.51
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred pit resource. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 17.51

Context: 170

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-8)

Palmetto · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:ce71d85ef3d667d414e3
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 9567
- Grade: 0.96
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred pit resource. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.96

Context: 9,567

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-announces-diamond-drill-program-at-the-palmetto-gold-project--7b203f00-1333-485c-b679-42088064b4b3#fact-resource-facts-9)

Palmetto · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Palmetto
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:ce71d85ef3d667d414e3
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 9567
- Grade: 6.58
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2020-10-20T00:00:00.000Z

#### Dates

- Event date: 2021-02-11T00:00:00.000Z

Reasoning: Restatement of existing inferred pit resource. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 6.58

Context: 9,567

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## 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.
