Smooth Rock Drills 10.98 g/t Au over 9.2 Meters at Palmetto
Original announcement by tmx on
- Company
- Smooth Rock Ventures Corp.
- Ticker
- SMRV
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-09-16 23:16:12 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Smooth Rock Ventures reported high-grade gold intercepts from its Palmetto project in Nevada, including 18.87 g/t Au over 4.6m. However, the RC drill program was significantly hampered by technical issues, including rig breakdowns and hole collapses, resulting in the program being ended early with only ~30% of the planned footage drilled.
Reasoning: While the gold grades are strong, the drill program was highly problematic, failing to reach target depths and suffering from poor recoveries and technical failures.
Positive factors
- High-grade gold intercept (18.87 g/t Au)
- Confirmed continuity of mineralization
Negative factors
- Significant drilling technical issues (rig breakdowns, groundwater, hole collapses)
- Poor to nonexistent recoveries
- Program ended early (only 2095ft of 5000-7500ft planned)
- Apparent width only (true width not determined)
Facts used in scoring: 3
Classification and evidence
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 release explicitly states that widths are drill indicated and insufficient drilling has been undertaken to determine true widths.
Evidence · text
“Widths are drill indicated sample length as insufficient drilling has been undertaken to determine true widths at this time.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions the use of blanks, certified reference materials, and a certified laboratory (American Assays Laboratories).
Evidence · text
“A blank or certified reference material was inserted approximately every tenth sample.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The hole SRV 22-09 was drilled 32m west-northwest of a previous hole, demonstrating continuity.
Evidence · text
“SRV 22-09 was drilled over 32 meters west northwest of hole SRV 21-01”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
SRV 22-09Palmetto · goldGrade: 10.98Grade Unit: g/tIntercept: 9.2 mView all detailsHide details
Identity
- Hole ID
- SRV 22-09
- Project
- Palmetto
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- SMRV
Geometry
- Grade
- 10.98
- Grade Unit
- g/t
- Intercept
- 9.2 m
- From
- 88.4 m
- To
- 97.6 m
- Intercept Depth
- 88.4 m
Classification
- Sample Type
- drill
- Group ID
- SRV 22-09:88.4-97.6
QA/QC
- Laboratory
- American Assays Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-09-21T00:00:00.000Z
Reasoning: Solid gold grade reported, though width is unconfirmed.
Positive factors
- Strong grade intercept
Negative factors
- Apparent width only
Evidence · table
“10.98”
Context: 9.2
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
SRV 22-09Palmetto · goldGrade: 18.87Grade Unit: g/tIntercept: 4.6 mView all detailsHide details
Identity
- Hole ID
- SRV 22-09
- Project
- Palmetto
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- SMRV
Geometry
- Grade
- 18.87
- Grade Unit
- g/t
- Intercept
- 4.6 m
- From
- 89.9 m
- To
- 94.5 m
- Intercept Depth
- 88.4 m
Classification
- Sample Type
- drill
- Group ID
- SRV 22-09:89.9-94.5
QA/QC
- Laboratory
- American Assays Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-09-21T00:00:00.000Z
Reasoning: High-grade component of the SRV 22-09 hole.
Positive factors
- High-grade intercept
Evidence · table
“18.87”
Context: 4.6
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
SRV 22-05Palmetto · goldGrade: 1.1Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- SRV 22-05
- Project
- Palmetto
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- SMRV
Geometry
- Grade
- 1.1
- Grade Unit
- g/t
- Intercept
- 6.1 m
- From
- 181.4 m
- To
- 187.5 m
- Intercept Depth
- 181.4 m
Classification
- Sample Type
- drill
- Group ID
- SRV 22-05:181.4-187.5
QA/QC
- Laboratory
- American Assays Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-09-21T00:00:00.000Z
Reasoning: Low grade intercept in a hole that encountered significant technical issues.
Negative factors
- Low grade
Evidence · table
“1.1”
Context: 6.1
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
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.