SPC Nickel Reports Positive Metallurgical Results from the West Graham Project, Sudbury, Ontario

Original announcement by tmx on

Company
SPC Nickel Corp.
Ticker
SPC
Exchange
TSX
Region
Ontario
Primary commodity
Nickel
Secondary commodities
Copper, Cobalt, Palladium, Platinum, Gold, Silver
Document categories
Drill results, Metallurgy, Resource update
Extracted
2026-09-19 00:04:28 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

SPC Nickel reports positive metallurgical results from its West Graham Project in Sudbury, Ontario, demonstrating high recoveries of nickel (69.6%) and copper (85.3%) into clean concentrates via conventional flotation, suitable for existing Sudbury mills. Concurrently, the company announced drill results from its LKE Project, with hole LKE-25-001 intersecting 49.0 metres of Ni-Cu-PGM mineralization at depth, and identifying a strong off-hole EM anomaly for follow-up. These results de-risk the West Graham project and highlight further exploration potential at LKE.

Reasoning: The document reports strong metallurgical results for the West Graham Project, demonstrating high recoveries of nickel and copper into clean concentrates suitable for existing infrastructure, which significantly de-risks the project. Additionally, new drill results from the LKE Project confirm deep Ni-Cu-PGM mineralization and identify a compelling off-hole EM anomaly for follow-up, indicating strong exploration potential.

Positive factors

  • High nickel and copper recoveries into clean concentrates demonstrated by locked-cycle tests.
  • Concentrate specifications are consistent with existing Sudbury mills, suggesting integration potential.
  • No penalty elements identified in concentrates.
  • Drill results from LKE Project confirm significant Ni-Cu-PGM mineralization at depth.
  • Identification of a strong off-hole EM anomaly suggests further high-priority drill targets.

Negative factors

  • True thickness of drill intercepts not yet estimated, potentially overstating widths.
  • Disseminated sulphides can be challenging in a laboratory environment, though results were positive.

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

Facts used in scoring: 44

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The metallurgical test work achieved 85.3% copper recovery and 69.6% nickel recovery into a combined concentrate, which are strong results for a flotation process.

Evidence · table

“85.3”

Context: RghrClnr + Po Clnr Conc

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: The metallurgical test work included a 6-cycle locked cycle test, which is a strong indicator of test scale maturity.

Evidence · text

“A 6-cycle locked cycle test was conducted with products from the last 3 cycles combined to create the mass balance and complete a mineralogical evaluation on the products.”

Free Millingpositive

Simple, clean ore amenable to standard processing without oxidation.

Why it applies: The report states 'No impurity or penalty elements present in the concentrates', indicating a clean ore amenable to standard processing.

Evidence · text

“No impurity or penalty elements present in the concentrates.”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: Seventeen drill holes were used to create five composites representing North, South, East, West and Central regions of the West Graham mineral resource, indicating variability across the deposit was considered.

Evidence · text

“Seventeen (17) drill holes were identified to create five composites representing the North, South, East, West and Central regions of the West Graham mineral resource above 150 metres vertical depth.”

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 QA/QC protocols including certified reference materials, blanks, and duplicates, and mentions analysis by ALS facility in Sudbury and Vancouver.

Evidence · text

“SPC Nickel follows rigorous sampling and analytical protocols that meet or exceed industry standards. Core samples are stored in a secured area until transport in batches to the ALS facility in Sudbury, Ontario, Canada. Sample batches include certified reference materials, blank, and duplicate samples that are then processed under the control of ALS. All samples were analyzed in Vancouver by ALS Chemex.”

QP/CP Signedpositive · Story-specific tag

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 technical elements of the news release have been approved by Mr. Grant Mourre, P.Geo., CEO and President of SPC Nickel Corp. and a Qualified Person under National Instrument 43-101.

Evidence · text

“The technical elements of this news release have been approved by Mr. Grant Mourre, P.Geo. ("PGO"), CEO and President of SPC Nickel Corp. and a Qualified Person under National Instrument 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 drill results explicitly state that lengths refer to downhole length and insufficient work has been done to estimate true thickness.

Evidence · text

“Lengths refer to downhole length; insufficient work has been done to estimate true thickness.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The LKE drill program aimed to test high-conductivity EM anomalies located down-dip of the Company's LKE Resource, indicating an extension of known mineralization.

Evidence · text

“The objective of the program was to test a series of high-conductivity electromagnetic ("EM") anomalies located down-dip of the Company's LKE Resource”

Mill Routeneutral

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

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

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

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

Drill Results (28)

LKE-25-001LKE · nickelGrade: 0.35Grade Unit: %Intercept: 49 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
nickel
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.35
Grade Unit
%
Intercept
49 m
From
1693 m
To
1742 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1693-1742
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a good nickel grade over a substantial length at significant depth, confirming the presence of mineralization in a new area. The exploration nature of the drilling adds to its novelty, though the lack of true width estimation is a minor negative.

Positive factors

  • Significant intercept length at good nickel grade.
  • Confirms Ni-Cu-PGM mineralization at depth.
  • Part of an exploration program targeting EM anomalies.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.35”

Context: LKE-25-001

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

LKE-25-001LKE · copperGrade: 0.28Grade Unit: %Intercept: 49 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
copper
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.28
Grade Unit
%
Intercept
49 m
From
1693 m
To
1742 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1693-1742
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The copper grade of 0.28% over 49.0 meters is a good byproduct result within the broader Ni-Cu-PGM mineralization, supporting the polymetallic nature of the target. The exploration context adds to its novelty.

Positive factors

  • Significant intercept length at good copper grade.
  • Confirms Ni-Cu-PGM mineralization at depth.
  • Part of an exploration program targeting EM anomalies.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.28”

Context: LKE-25-001

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

LKE-25-001LKE · cobaltGrade: 0.01Grade Unit: %Intercept: 49 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
cobalt
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.01
Grade Unit
%
Intercept
49 m
From
1693 m
To
1742 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1693-1742
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The presence of cobalt, even at a lower grade, contributes to the polymetallic nature of the mineralization and adds value as a byproduct. The intercept length is significant.

Positive factors

  • Cobalt presence as a byproduct in a significant intercept length.
  • Confirms Ni-Cu-PGM mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.01”

Context: LKE-25-001

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

LKE-25-001LKE · platinumGrade: 0.38Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
platinum
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
49 m
From
1693 m
To
1742 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1693-1742
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The platinum grade of 0.38 g/t over 49.0 meters is a positive PGM byproduct result, enhancing the overall value of the polymetallic intercept.

Positive factors

  • Good platinum grade over a significant intercept length.
  • Confirms Ni-Cu-PGM mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.38”

Context: LKE-25-001

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

LKE-25-001LKE · palladiumGrade: 0.22Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
palladium
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
49 m
From
1693 m
To
1742 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1693-1742
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The palladium grade of 0.22 g/t over 49.0 meters is a positive PGM byproduct result, contributing to the overall value of the polymetallic intercept.

Positive factors

  • Palladium presence as a byproduct in a significant intercept length.
  • Confirms Ni-Cu-PGM mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.22”

Context: LKE-25-001

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

LKE-25-001LKE · goldGrade: 0.12Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
49 m
From
1693 m
To
1742 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1693-1742
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The gold grade of 0.12 g/t over 49.0 meters is a positive byproduct result, contributing to the overall polymetallic nature of the mineralization.

Positive factors

  • Gold presence as a byproduct in a significant intercept length.
  • Confirms Ni-Cu-PGM mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.12”

Context: LKE-25-001

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

LKE-25-001LKE · silverGrade: 1.67Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
silver
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
1.67
Grade Unit
g/t
Intercept
49 m
From
1693 m
To
1742 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1693-1742
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The silver grade of 1.67 g/t over 49.0 meters is a minor byproduct, but its presence contributes to the overall polymetallic nature of the mineralization.

Positive factors

  • Silver presence as a byproduct in a significant intercept length.
  • Confirms Ni-Cu-PGM mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“1.67”

Context: LKE-25-001

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

LKE-25-001LKE · nickelGrade: 0.52Grade Unit: %Intercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
nickel
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.52
Grade Unit
%
Intercept
10.8 m
From
1700 m
To
1710.8 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1700-1710.8
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This high-grade nickel sub-interval of 0.52% over 10.8 meters is a very strong result, indicating a concentrated zone of mineralization within the broader intercept and enhancing the overall prospectivity.

Positive factors

  • High-grade nickel sub-interval within a broader mineralized zone.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.52”

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

LKE-25-001LKE · copperGrade: 0.42Grade Unit: %Intercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
copper
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.42
Grade Unit
%
Intercept
10.8 m
From
1700 m
To
1710.8 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1700-1710.8
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The copper grade of 0.42% over 10.8 meters is a strong byproduct result within this high-grade sub-interval, further enhancing the polymetallic nature and value of the intercept.

Positive factors

  • High-grade copper sub-interval within a broader mineralized zone.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.42”

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

LKE-25-001LKE · cobaltGrade: 0.01Grade Unit: %Intercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
cobalt
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.01
Grade Unit
%
Intercept
10.8 m
From
1700 m
To
1710.8 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1700-1710.8
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The presence of cobalt in this high-grade sub-interval, even at a lower grade, contributes to the overall polymetallic value of the intercept.

Positive factors

  • Cobalt presence as a byproduct in a high-grade sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.01”

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

LKE-25-001LKE · platinumGrade: 0.57Grade Unit: g/tIntercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
platinum
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
10.8 m
From
1700 m
To
1710.8 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1700-1710.8
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The platinum grade of 0.57 g/t over 10.8 meters is a strong PGM byproduct result, significantly contributing to the value of this high-grade sub-interval.

Positive factors

  • High-grade platinum sub-interval within a broader mineralized zone.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.57”

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

LKE-25-001LKE · palladiumGrade: 0.29Grade Unit: g/tIntercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
palladium
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.29
Grade Unit
g/t
Intercept
10.8 m
From
1700 m
To
1710.8 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1700-1710.8
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The palladium grade of 0.29 g/t over 10.8 meters is a positive PGM byproduct result within this high-grade sub-interval, adding to the overall value.

Positive factors

  • Palladium presence as a byproduct in a high-grade sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.29”

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

LKE-25-001LKE · goldGrade: 0.3Grade Unit: g/tIntercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
10.8 m
From
1700 m
To
1710.8 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1700-1710.8
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The gold grade of 0.30 g/t over 10.8 meters is a positive byproduct result within this high-grade sub-interval, contributing to the overall polymetallic value.

Positive factors

  • Gold presence as a byproduct in a high-grade sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.30”

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

LKE-25-001LKE · silverGrade: 2.48Grade Unit: g/tIntercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
silver
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
2.48
Grade Unit
g/t
Intercept
10.8 m
From
1700 m
To
1710.8 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1700-1710.8
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The silver grade of 2.48 g/t over 10.8 meters is a minor byproduct, but its presence contributes to the overall polymetallic nature of the mineralization in this high-grade zone.

Positive factors

  • Silver presence as a byproduct in a high-grade sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“2.48”

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

LKE-25-001LKE · nickelGrade: 0.46Grade Unit: %Intercept: 12.5 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
nickel
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.46
Grade Unit
%
Intercept
12.5 m
From
1725.5 m
To
1738 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1725.5-1738
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This nickel grade of 0.46% over 12.5 meters is a strong result within the broader intercept, indicating consistent mineralization at depth.

Positive factors

  • Good nickel grade over a significant sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.46”

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

LKE-25-001LKE · copperGrade: 0.3Grade Unit: %Intercept: 12.5 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
copper
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.3
Grade Unit
%
Intercept
12.5 m
From
1725.5 m
To
1738 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1725.5-1738
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The copper grade of 0.30% over 12.5 meters is a good byproduct result within this sub-interval, supporting the polymetallic nature of the mineralization.

Positive factors

  • Good copper grade over a significant sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.30”

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

LKE-25-001LKE · cobaltGrade: 0.01Grade Unit: %Intercept: 12.5 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
cobalt
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.01
Grade Unit
%
Intercept
12.5 m
From
1725.5 m
To
1738 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1725.5-1738
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The presence of cobalt in this sub-interval, even at a lower grade, contributes to the overall polymetallic value of the intercept.

Positive factors

  • Cobalt presence as a byproduct in a significant sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.01”

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

LKE-25-001LKE · platinumGrade: 0.43Grade Unit: g/tIntercept: 12.5 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
platinum
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
12.5 m
From
1725.5 m
To
1738 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1725.5-1738
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The platinum grade of 0.43 g/t over 12.5 meters is a positive PGM byproduct result, contributing to the overall value of this sub-interval.

Positive factors

  • Good platinum grade over a significant sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.43”

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

LKE-25-001LKE · palladiumGrade: 0.11Grade Unit: g/tIntercept: 12.5 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
palladium
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
12.5 m
From
1725.5 m
To
1738 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1725.5-1738
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The palladium grade of 0.11 g/t over 12.5 meters is a positive PGM byproduct result within this sub-interval, contributing to the overall value.

Positive factors

  • Palladium presence as a byproduct in a significant sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.11”

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

LKE-25-001LKE · goldGrade: 0.08Grade Unit: g/tIntercept: 12.5 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.08
Grade Unit
g/t
Intercept
12.5 m
From
1725.5 m
To
1738 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1725.5-1738
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The gold grade of 0.08 g/t over 12.5 meters is a minor byproduct, but its presence contributes to the overall polymetallic nature of the mineralization.

Positive factors

  • Gold presence as a byproduct in a significant sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.08”

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

LKE-25-001LKE · silverGrade: 1.7Grade Unit: g/tIntercept: 12.5 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
silver
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
1.7
Grade Unit
g/t
Intercept
12.5 m
From
1725.5 m
To
1738 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1725.5-1738
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The silver grade of 1.70 g/t over 12.5 meters is a minor byproduct, but its presence contributes to the overall polymetallic nature of the mineralization in this zone.

Positive factors

  • Silver presence as a byproduct in a significant sub-interval.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“1.70”

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

LKE-25-001LKE · nickelGrade: 0.41Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
nickel
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.41
Grade Unit
%
Intercept
10 m
From
1793 m
To
1803 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1793-1803
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This nickel grade of 0.41% over 10.0 meters is a good result, indicating continued mineralization at a deeper interval within the hole.

Positive factors

  • Good nickel grade over a significant intercept length.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.41”

Context: and

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

LKE-25-001LKE · copperGrade: 0.39Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
copper
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.39
Grade Unit
%
Intercept
10 m
From
1793 m
To
1803 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1793-1803
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The copper grade of 0.39% over 10.0 meters is a strong byproduct result, indicating consistent polymetallic mineralization at this deeper interval.

Positive factors

  • High-grade copper over a significant intercept length.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.39”

Context: and

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

LKE-25-001LKE · cobaltGrade: 0.01Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
cobalt
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.01
Grade Unit
%
Intercept
10 m
From
1793 m
To
1803 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1793-1803
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The presence of cobalt in this deeper interval, even at a lower grade, contributes to the overall polymetallic value of the intercept.

Positive factors

  • Cobalt presence as a byproduct in a significant intercept length.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.01”

Context: and

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

LKE-25-001LKE · platinumGrade: 0.08Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
platinum
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.08
Grade Unit
g/t
Intercept
10 m
From
1793 m
To
1803 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1793-1803
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The platinum grade of 0.08 g/t over 10.0 meters is a minor PGM byproduct, but its presence contributes to the overall polymetallic nature of the mineralization.

Positive factors

  • Platinum presence as a byproduct in a significant intercept length.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.08”

Context: and

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

LKE-25-001LKE · palladiumGrade: 0.03Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
palladium
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
10 m
From
1793 m
To
1803 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1793-1803
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The palladium grade of 0.03 g/t over 10.0 meters is a minor PGM byproduct, but its presence contributes to the overall polymetallic nature of the mineralization.

Positive factors

  • Palladium presence as a byproduct in a significant intercept length.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.03”

Context: and

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

LKE-25-001LKE · goldGrade: 0.03Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
10 m
From
1793 m
To
1803 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1793-1803
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The gold grade of 0.03 g/t over 10.0 meters is a minor byproduct, but its presence contributes to the overall polymetallic nature of the mineralization.

Positive factors

  • Gold presence as a byproduct in a significant intercept length.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“0.03”

Context: and

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

LKE-25-001LKE · silverGrade: 2.45Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
LKE-25-001
Project
LKE
Commodity
silver
Region
canada_on
Reported Region
canada_on
Ticker
SPC

Geometry

Grade
2.45
Grade Unit
g/t
Intercept
10 m
From
1793 m
To
1803 m
Hole Depth
1866 m
Intercept Depth
1693 m

Classification

Program
exploration
Sample Type
drill
Group ID
LKE-25-001:1793-1803
Mining Method
underground

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The silver grade of 2.45 g/t over 10.0 meters is a minor byproduct, but its presence contributes to the overall polymetallic nature of the mineralization in this deeper zone.

Positive factors

  • Silver presence as a byproduct in a significant intercept length.
  • Confirms strong mineralization at depth.

Negative factors

  • True thickness not estimated.

Evidence · table

“2.45”

Context: and

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

Resource Estimates (8)

indicatedWest Graham Project · nickelTonnes: 19300000Grade: 0.42Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
nickel
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Resource scope

Estimate type
resource
Effective date
2024-01-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Grant Mourre
Resource group id
resource:b00486e27d9722b96832
Deposit or zone
In-Pit Resource
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
19300000
Grade
0.42
Grade Unit
%
Cutoff Grade
0.3
Cutoff Unit
% NiEq

Prior Estimate

Resource Date
2024-01-17

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-17T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a previously reported indicated resource for the West Graham Project, providing context for the current metallurgical work. The tonnage and grade are significant for an in-pit resource.

Positive factors

  • Significant indicated resource tonnage and grade.
  • Resource is in-pit, suggesting potential for open-pit mining.

Negative factors

  • This is a historical estimate, not new information.

Evidence · text

“In-Pit Resource (0.3% NiEq Cutoff Grade) of Indicated Resource of 19.3 Mt at 0.42% Ni”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

indicatedWest Graham Project · copperTonnes: 19300000Grade: 0.28Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
copper
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Resource scope

Estimate type
resource
Effective date
2024-01-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Grant Mourre
Resource group id
resource:b00486e27d9722b96832
Deposit or zone
In-Pit Resource
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
19300000
Grade
0.28
Grade Unit
%
Cutoff Grade
0.3
Cutoff Unit
% NiEq

Prior Estimate

Resource Date
2024-01-17

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-17T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a previously reported indicated resource for the West Graham Project, with copper as a significant byproduct. It provides context for the current metallurgical work.

Positive factors

  • Significant indicated resource tonnage with copper as a byproduct.
  • Resource is in-pit, suggesting potential for open-pit mining.

Negative factors

  • This is a historical estimate, not new information.

Evidence · text

“0.28% Cu in the indicated category”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

inferredWest Graham Project · nickelTonnes: 3300000Grade: 0.37Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
nickel
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Resource scope

Estimate type
resource
Effective date
2024-01-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Grant Mourre
Resource group id
resource:41170c4a127cb73c3565
Deposit or zone
In-Pit Resource
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
3300000
Grade
0.37
Grade Unit
%
Cutoff Grade
0.3
Cutoff Unit
% NiEq

Prior Estimate

Resource Date
2024-01-17

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-17T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a previously reported inferred resource, indicating further potential but with lower geological confidence. It provides context for the current metallurgical work.

Positive factors

  • Additional inferred resource tonnage and grade.

Negative factors

  • This is a historical estimate, not new information.
  • Inferred category has lower confidence.

Evidence · text

“3.3 Mt at 0.37% Ni”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

inferredWest Graham Project · copperTonnes: 3300000Grade: 0.28Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
copper
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Resource scope

Estimate type
resource
Effective date
2024-01-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Grant Mourre
Resource group id
resource:41170c4a127cb73c3565
Deposit or zone
In-Pit Resource
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
3300000
Grade
0.28
Grade Unit
%
Cutoff Grade
0.3
Cutoff Unit
% NiEq

Prior Estimate

Resource Date
2024-01-17

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-17T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a previously reported inferred resource, with copper as a byproduct, providing further potential but with lower geological confidence.

Positive factors

  • Additional inferred resource tonnage with copper as a byproduct.

Negative factors

  • This is a historical estimate, not new information.
  • Inferred category has lower confidence.

Evidence · text

“0.28% Cu in the inferred category”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

indicatedWest Graham Project · nickelTonnes: 3200000Grade: 0.63Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
nickel
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Resource scope

Estimate type
resource
Effective date
2024-01-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Grant Mourre
Resource group id
resource:b72ebcd3f99bafad2dae
Deposit or zone
Out-of-Pit Resource
Mining method
underground

Resource Data

Category
indicated
Tonnes
3200000
Grade
0.63
Grade Unit
%
Cutoff Grade
0.7
Cutoff Unit
% NiEq

Prior Estimate

Resource Date
2024-01-17

Metal Equivalent

Metal Eq. Grade
0.92
Metal Eq. Unit
% NiEq
Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-17T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a previously reported high-grade indicated resource for out-of-pit material, suggesting underground potential. It contributes to the overall project scale, but the metal equivalent assumptions are not transparent.

Positive factors

  • High-grade indicated resource for out-of-pit material.
  • Adds to the overall resource base.

Negative factors

  • This is a historical estimate, not new information.
  • Metal equivalent assumptions not disclosed.

Evidence · text

“3.2 Mt at 0.63% Ni, 0.47% Cu (0.92% NiEq) in the indicated category”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

indicatedWest Graham Project · copperTonnes: 3200000Grade: 0.47Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
copper
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Resource scope

Estimate type
resource
Effective date
2024-01-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Grant Mourre
Resource group id
resource:b72ebcd3f99bafad2dae
Deposit or zone
Out-of-Pit Resource
Mining method
underground

Resource Data

Category
indicated
Tonnes
3200000
Grade
0.47
Grade Unit
%
Cutoff Grade
0.7
Cutoff Unit
% NiEq

Prior Estimate

Resource Date
2024-01-17

Metal Equivalent

Metal Eq. Grade
0.92
Metal Eq. Unit
% NiEq
Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-17T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a previously reported indicated resource for out-of-pit material, with copper as a significant byproduct. It contributes to the overall project scale, but the metal equivalent assumptions are not transparent.

Positive factors

  • Good copper grade as a byproduct in an indicated resource.
  • Adds to the overall resource base.

Negative factors

  • This is a historical estimate, not new information.
  • Metal equivalent assumptions not disclosed.

Evidence · text

“0.47% Cu (0.92% NiEq) in the indicated category”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

inferredWest Graham Project · nickelTonnes: 3900000Grade: 0.69Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
nickel
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Resource scope

Estimate type
resource
Effective date
2024-01-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Grant Mourre
Resource group id
resource:0d509be32337fa088821
Deposit or zone
Out-of-Pit Resource
Mining method
underground

Resource Data

Category
inferred
Tonnes
3900000
Grade
0.69
Grade Unit
%
Cutoff Grade
0.7
Cutoff Unit
% NiEq

Prior Estimate

Resource Date
2024-01-17

Metal Equivalent

Metal Eq. Grade
0.97
Metal Eq. Unit
% NiEq
Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-17T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a previously reported high-grade inferred resource for out-of-pit material, indicating further potential but with lower geological confidence. The metal equivalent assumptions are not transparent.

Positive factors

  • High-grade inferred resource for out-of-pit material.
  • Adds to the overall resource base.

Negative factors

  • This is a historical estimate, not new information.
  • Inferred category has lower confidence.
  • Metal equivalent assumptions not disclosed.

Evidence · text

“3.9 Mt at 0.69% Ni, 0.43% Cu (0.97% NiEq) in the inferred category”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

inferredWest Graham Project · copperTonnes: 3900000Grade: 0.43Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
copper
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Resource scope

Estimate type
resource
Effective date
2024-01-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Grant Mourre
Resource group id
resource:0d509be32337fa088821
Deposit or zone
Out-of-Pit Resource
Mining method
underground

Resource Data

Category
inferred
Tonnes
3900000
Grade
0.43
Grade Unit
%
Cutoff Grade
0.7
Cutoff Unit
% NiEq

Prior Estimate

Resource Date
2024-01-17

Metal Equivalent

Metal Eq. Grade
0.97
Metal Eq. Unit
% NiEq
Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-17T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a previously reported inferred resource for out-of-pit material, with copper as a byproduct, indicating further potential but with lower geological confidence. The metal equivalent assumptions are not transparent.

Positive factors

  • Good copper grade as a byproduct in an inferred resource.
  • Adds to the overall resource base.

Negative factors

  • This is a historical estimate, not new information.
  • Inferred category has lower confidence.
  • Metal equivalent assumptions not disclosed.

Evidence · text

“0.43% Cu (0.97% NiEq) in the inferred category”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

Metallurgical Results (8)

locked-cycleWest Graham Project · copperRecovery: 85.3 %Head Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
West Graham Project
Commodity
copper
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
RghrClnr + Po Clnr Conc

Recovery

Recovery
85.3 %
Recovery Basis
actual_test
Head Grade
0.24
Head Grade Unit
%
Conc. Grade
5.96
Conc. Grade Unit
%

Lab

Laboratory
XPS Expert Process Solutions
Consultant
Steve Wilson

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The copper recovery of 85.3% into a combined concentrate is strong for a flotation process, indicating good metallurgical performance for this commodity. The concentrate grade is also favorable, and the absence of penalty elements further enhances the result.

Positive factors

  • High copper recovery achieved in locked-cycle test.
  • Concentrate grade is good for copper.
  • No penalty elements reported.
  • Test work conducted by reputable lab and consultant.

Evidence · table

“85.3”

Context: RghrClnr + Po Clnr Conc

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

locked-cycleWest Graham Project · nickelRecovery: 69.6 %Head Grade: 0.43Head Grade Unit: %View all details
Link to this fact

Identity

Project
West Graham Project
Commodity
nickel
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
RghrClnr + Po Clnr Conc

Recovery

Recovery
69.6 %
Recovery Basis
actual_test
Head Grade
0.43
Head Grade Unit
%
Conc. Grade
8.81
Conc. Grade Unit
%

Lab

Laboratory
XPS Expert Process Solutions
Consultant
Steve Wilson

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: The nickel recovery of 69.6% into a combined concentrate is a good result for a flotation process, especially for a disseminated sulphide resource. The concentrate grade is also positive, and the absence of penalty elements is a key de-risking factor.

Positive factors

  • Good nickel recovery achieved in locked-cycle test.
  • Concentrate grade is good for nickel.
  • No penalty elements reported.
  • Test work conducted by reputable lab and consultant.

Evidence · table

“69.6”

Context: RghrClnr + Po Clnr Conc

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 69.6% is below the weak band (75%)

locked-cycleWest Graham Project · iron_oreRecovery: 11.3 %Head Grade: 9.71Head Grade Unit: %View all details
Link to this fact

Identity

Project
West Graham Project
Commodity
iron_ore
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
RghrClnr + Po Clnr Conc

Recovery

Recovery
11.3 %
Recovery Basis
actual_test
Head Grade
9.71
Head Grade Unit
%
Conc. Grade
31.94
Conc. Grade Unit
%

Lab

Laboratory
XPS Expert Process Solutions
Consultant
Steve Wilson

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Iron recovery is low, which is expected as it's not the primary target commodity. The concentrate grade is high, indicating some iron reports to the concentrate.

Evidence · table

“11.3”

Context: RghrClnr + Po Clnr Conc

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

locked-cycleWest Graham Project · sulfurRecovery: 38.6 %Head Grade: 2.72Head Grade Unit: %View all details
Link to this fact

Identity

Project
West Graham Project
Commodity
sulfur
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
RghrClnr + Po Clnr Conc

Recovery

Recovery
38.6 %
Recovery Basis
actual_test
Head Grade
2.72
Head Grade Unit
%
Conc. Grade
30.65
Conc. Grade Unit
%

Lab

Laboratory
XPS Expert Process Solutions
Consultant
Steve Wilson

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Sulfur recovery is moderate, which is expected as it's associated with the sulphide minerals being recovered. The concentrate grade is high.

Evidence · table

“38.6”

Context: RghrClnr + Po Clnr Conc

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

locked-cycleWest Graham Project · cobaltRecovery: 67.2 %Head Grade: 0.015Head Grade Unit: %View all details
Link to this fact

Identity

Project
West Graham Project
Commodity
cobalt
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
RghrClnr + Po Clnr Conc

Recovery

Recovery
67.2 %
Recovery Basis
actual_test
Head Grade
0.015
Head Grade Unit
%
Conc. Grade
0.29
Conc. Grade Unit
%

Lab

Laboratory
XPS Expert Process Solutions
Consultant
Steve Wilson

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: A cobalt recovery of 67.2% is a strong result for a byproduct metal, indicating good co-recovery with nickel and copper. The concentrate grade is also significantly higher than the head grade.

Positive factors

  • Good cobalt recovery achieved as a byproduct.
  • Concentrate grade is significantly upgraded from head grade.

Evidence · table

“67.2”

Context: RghrClnr + Po Clnr Conc

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

locked-cycleWest Graham Project · palladiumRecovery: 80.8 %Head Grade: 15.2Head Grade Unit: ppbView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
palladium
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
RghrClnr + Po Clnr Conc

Recovery

Recovery
80.8 %
Recovery Basis
actual_test
Head Grade
15.2
Head Grade Unit
ppb
Conc. Grade
360
Conc. Grade Unit
ppb

Lab

Laboratory
XPS Expert Process Solutions
Consultant
Steve Wilson

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Palladium recovery of 80.8% is excellent for a PGM byproduct, indicating efficient capture of this valuable metal. The concentrate grade shows a substantial upgrade from the head grade.

Positive factors

  • Very high palladium recovery achieved as a byproduct.
  • Significant upgrade in concentrate grade.

Evidence · table

“80.8”

Context: RghrClnr + Po Clnr Conc

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

locked-cycleWest Graham Project · platinumRecovery: 59.8 %Head Grade: 35.6Head Grade Unit: ppbView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
platinum
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
RghrClnr + Po Clnr Conc

Recovery

Recovery
59.8 %
Recovery Basis
actual_test
Head Grade
35.6
Head Grade Unit
ppb
Conc. Grade
621
Conc. Grade Unit
ppb

Lab

Laboratory
XPS Expert Process Solutions
Consultant
Steve Wilson

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Platinum recovery of 59.8% is a good result for a PGM byproduct, showing effective capture into the concentrate. The concentrate grade is significantly upgraded.

Positive factors

  • Good platinum recovery achieved as a byproduct.
  • Significant upgrade in concentrate grade.

Evidence · table

“59.8”

Context: RghrClnr + Po Clnr Conc

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

locked-cycleWest Graham Project · goldRecovery: 43 %Head Grade: 19.8Head Grade Unit: ppbView all details
Link to this fact

Identity

Project
West Graham Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
SPC

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
RghrClnr + Po Clnr Conc

Recovery

Recovery
43 %
Recovery Basis
actual_test
Head Grade
19.8
Head Grade Unit
ppb
Conc. Grade
248
Conc. Grade Unit
ppb

Lab

Laboratory
XPS Expert Process Solutions
Consultant
Steve Wilson

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Gold recovery of 43.0% is moderate for a byproduct, but still contributes to the overall value of the concentrate. The concentrate grade is significantly higher than the head grade.

Positive factors

  • Moderate gold recovery achieved as a byproduct.
  • Concentrate grade shows good upgrade.

Evidence · table

“43.0”

Context: RghrClnr + Po Clnr Conc

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 43% is below the weak band (80%)

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.