# Smooth Rock Drills 10.98 g/t Au over 9.2 Meters at Palmetto Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/smooth-rock-drills-10-98-g-t-au-over-9-2-meters-at-palmetto--b07a663a-af1a-44d2-8fd0-762ea03a09a8 Original source: https://money.tmx.com/en/quote/SMRV/news/7495221945342516/smooth-rock-drills-10-98-g-t-au-over-9-2-meters-at-palmetto Publisher: tmx Original announcement: 2022-09-21T13:13:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: -0.20 · Bearish ## Minestarters Atlas 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 factor: High-grade gold intercept \(18.87 g/t Au\) - Positive factor: Confirmed continuity of mineralization - Negative factor: Significant drilling technical issues \(rig breakdowns, groundwater, hole collapses\) - Negative factor: Poor to nonexistent recoveries - Negative factor: Program ended early \(only 2095ft of 5000-7500ft planned\) - Negative factor: Apparent width only \(true width not determined\) Facts used in scoring: 3 ## Classification and evidence **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release 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 Extension** Polarity: positive Definition: 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 22-09 [Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-drills-10-98-g-t-au-over-9-2-meters-at-palmetto--b07a663a-af1a-44d2-8fd0-762ea03a09a8#fact-drill-facts-0) Palmetto · gold #### 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 factor: Strong grade intercept - Negative factor: Apparent width only Evidence · table > 10.98 Context: 9.2 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SRV 22-09 [Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-drills-10-98-g-t-au-over-9-2-meters-at-palmetto--b07a663a-af1a-44d2-8fd0-762ea03a09a8#fact-drill-facts-1) Palmetto · gold #### 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 factor: High-grade intercept Evidence · table > 18.87 Context: 4.6 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SRV 22-05 [Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-drills-10-98-g-t-au-over-9-2-meters-at-palmetto--b07a663a-af1a-44d2-8fd0-762ea03a09a8#fact-drill-facts-2) Palmetto · gold #### 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 factor: Low grade Evidence · table > 1.1 Context: 6.1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.