# SRQ Reports Additional Nickel-Copper Intercepts at Lac Brul&\#xE9;'s Ultramafic Intrusive Complex Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f Original source: https://money.tmx.com/en/quote/SRQ/news/5431280530711748/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int Publisher: tmx Original announcement: 2024-05-28T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: SRQ Resources Inc. - Ticker: SRQ - Exchange: TSX - Region: Quebec, Canada - Primary commodity: Nickel - Secondary commodities: Copper, Platinum, Palladium, Gold - Document categories: Drill results, Other - Extracted: 2026-09-19 01:58:00 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary SRQ Resources has announced a significant new discovery of an ultramafic magmatic intrusion \(Target 900\) located 6km west of its Gossan Zone at the Lac Brulé project in Quebec. Drilling at the Gossan Zone confirmed continuity over 550m strike, though specific assay grades for the recent campaign are currently pending. Reasoning: The release reports a significant new geological discovery \(Target 900\) and confirms continuity at the Gossan Zone, though actual assay grades are not yet released. - Positive factor: Discovery of a new large ultramafic intrusion \(Target 900\) 6km west of existing zone - Positive factor: Continuity confirmed at Gossan Zone over 550m strike - Positive factor: Presence of visible Ni-Cu sulphides \(pyrrhotite, chalcopyrite, pentlandite\) - Positive factor: Strong geophysical \(gravity\) anomaly targets identified - Negative factor: Assay results for the current program are still pending - Negative factor: Target 900 hole \(LB-24-29\) terminated early due to technical reasons and missed the core of the anomaly Facts used in scoring: 8 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Discovery of a new ultramafic intrusion 6km west of the Gossan Zone. Evidence · text > the program has led to the discovery of a significant and highly prospective new geological structure/magmatic ultramafic Intrusion located 6 kilometres west of the Gossan Zone. **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: Release names Activation Laboratories Ltd and mentions QP sign-off by Dr. Marc-Antoine Audet. Evidence · text > Sample preparation and analysis are carried out by Activation Laboratories Ltd \(Actlab\)... reviewed and approved by Dr. Marc-Antoine Audet, Ph. D geology, P. Geo... and a ‘Qualified Person' **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: While lab and QP are named, specific assay results for the current program are pending, so specific QA/QC for these intercepts cannot be verified. Evidence · text > Assay results are pending. ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (8) ### LB-24-22 [Link to this fact](https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f#fact-drill-facts-0) Lac Brulé · nickel #### Identity - Hole ID: LB-24-22 - Project: Lac Brulé - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SRQ #### Geometry - Intercept: 76 m - From: 143 m - To: 157 m - Intercept Depth: 143 m #### Classification - Program: mixed - Sample Type: drill - Group ID: LB-24-22:143-157 #### Location - Location: Gossan Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-28T00:00:00.000Z Reasoning: Intercept describes mineralisation type but lacks numeric assay grades. - Positive factor: Visible sulphides noted Evidence · text > LB-24-22: 76m of pyroxenite including 143m to 157m of disseminated mineralisation \(7% to 15% visible pyrrhotite \(Po\) + minor chalcopyrite \("CPy"\) & pentlandite \("Pn"\)\) #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Audet added, " The new Target 900 is a stunning discovery by itself with the borehole intersecting more than 735m of und" ### LB-24-23 [Link to this fact](https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f#fact-drill-facts-1) Lac Brulé · nickel #### Identity - Hole ID: LB-24-23 - Project: Lac Brulé - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SRQ #### Geometry - Intercept: 114 m - From: 120 m - To: 234 m - Intercept Depth: 120 m #### Classification - Program: mixed - Sample Type: drill - Group ID: LB-24-23:120-234 #### Location - Location: Gossan Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-28T00:00:00.000Z Reasoning: Intercept describes mineralisation type but lacks numeric assay grades. - Positive factor: Semi-massive lenses noted Evidence · text > LB-24-23: 114m of pyroxenite including 120m to 234m of diss + several semi-massive lenses \("SSM"\) #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Audet added, " The new Target 900 is a stunning discovery by itself with the borehole intersecting more than 735m of und" ### LB-24-24 [Link to this fact](https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f#fact-drill-facts-2) Lac Brulé · nickel #### Identity - Hole ID: LB-24-24 - Project: Lac Brulé - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SRQ #### Geometry - Intercept: 86 m - From: 122 m - To: 219 m - Intercept Depth: 122 m #### Classification - Program: mixed - Sample Type: drill - Group ID: LB-24-24:122-219 #### Location - Location: Gossan Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-28T00:00:00.000Z Reasoning: Intercept describes mineralisation type but lacks numeric assay grades. - Positive factor: Massive sulphide sections noted Evidence · text > LB-24-24: 86m of pyroxenite including 122m to 219m of diss + several sections and stringers of SSM - massive sulphide \("SM"\) #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Audet added, " The new Target 900 is a stunning discovery by itself with the borehole intersecting more than 735m of und" ### LB-24-25 [Link to this fact](https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f#fact-drill-facts-3) Lac Brulé · nickel #### Identity - Hole ID: LB-24-25 - Project: Lac Brulé - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SRQ #### Geometry - Intercept: 192 m - From: 120 m - To: 141 m - Hole Depth: 951 m - Intercept Depth: 120 m #### Classification - Program: mixed - Sample Type: drill - Group ID: LB-24-25:120-141 #### Location - Location: Gossan Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-28T00:00:00.000Z Reasoning: Intercept describes mineralisation type but lacks numeric assay grades. - Positive factor: Massive sulphide noted Evidence · text > LB-24-25: 192m of pyroxenite including 120m to 141m of diss + SSM-SM #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Audet added, " The new Target 900 is a stunning discovery by itself with the borehole intersecting more than 735m of und" ### LB-24-26 [Link to this fact](https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f#fact-drill-facts-4) Lac Brulé · nickel #### Identity - Hole ID: LB-24-26 - Project: Lac Brulé - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SRQ #### Geometry - Intercept: 70 m - From: 132 m - To: 172 m - Hole Depth: 951 m - Intercept Depth: 132 m #### Classification - Program: mixed - Sample Type: drill - Group ID: LB-24-26:132-172 #### Location - Location: Gossan Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-28T00:00:00.000Z Reasoning: Intercept describes mineralisation type but lacks numeric assay grades. - Positive factor: Semi-massive sections noted Evidence · text > LB-24-26: 70m of pyroxenite including 132m to 172m of diss + few sections SSM #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Audet added, " The new Target 900 is a stunning discovery by itself with the borehole intersecting more than 735m of und" ### LB-24-27 [Link to this fact](https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f#fact-drill-facts-5) Lac Brulé · nickel #### Identity - Hole ID: LB-24-27 - Project: Lac Brulé - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SRQ #### Geometry - Intercept: 41 m - From: 135 m - To: 150 m - Hole Depth: 951 m - Intercept Depth: 135 m #### Classification - Program: mixed - Sample Type: drill - Group ID: LB-24-27:135-150 #### Location - Location: Gossan Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-28T00:00:00.000Z Reasoning: Intercept describes mineralisation type but lacks numeric assay grades. - Positive factor: Massive sulphide stringers noted Evidence · text > LB-24-27: 41m of pyroxenite including 135m to 150m of diss + stringers of SSM-SM #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Audet added, " The new Target 900 is a stunning discovery by itself with the borehole intersecting more than 735m of und" ### LB-24-28 [Link to this fact](https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f#fact-drill-facts-6) Lac Brulé · nickel #### Identity - Hole ID: LB-24-28 - Project: Lac Brulé - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SRQ #### Geometry - Intercept: 55 m - From: 127 m - To: 147 m - Hole Depth: 951 m - Intercept Depth: 127 m #### Classification - Program: mixed - Sample Type: drill - Group ID: LB-24-28:127-147 #### Location - Location: Gossan Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-28T00:00:00.000Z Reasoning: Intercept describes mineralisation type but lacks numeric assay grades. - Positive factor: Massive sulphide noted Evidence · text > LB-24-28: 55m of pyroxenite including 127m to 147m of diss + 4m SSM-SM #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Audet added, " The new Target 900 is a stunning discovery by itself with the borehole intersecting more than 735m of und" ### LB-24-29 [Link to this fact](https://atlas-extractions.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--b4924d6f-8d30-499a-87f2-7ed90f8e3a9f#fact-drill-facts-7) Lac Brulé · nickel #### Identity - Hole ID: LB-24-29 - Project: Lac Brulé - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: SRQ #### Geometry - Intercept: 735 m - From: 665 m - To: 735 m - Hole Depth: 951 m - Intercept Depth: 665 m #### Classification - Program: exploration - Sample Type: drill - Group ID: LB-24-29:665-735 #### Location - Location: Target 900 - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-28T00:00:00.000Z Reasoning: Significant discovery of a large intrusive body, though assay grades are pending and the hole did not reach the anomaly core. - Positive factor: Very large continuous intrusive thickness \(735m\) - Positive factor: Discovery of new target - Negative factor: Hole terminated early due to technical reasons - Negative factor: Missed core of gravity anomaly by 250m Evidence · text > The hole intersected 735m of continuous undeformed Ultramafic Magmatic \("UM"\) Intrusive pyroxenite with Po, minor CPy and Pn in the last 70m of the hole. #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Audet added, " The new Target 900 is a stunning discovery by itself with the borehole intersecting more than 735m of und" ## 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.