SRQ Resources: Detailed Characterisation of LAC Brulé Nickel and Copper Mineralisation Virtual Non-Deal Roadshow on February 14

Original announcement by tmx on

Company
SRQ Resources Inc.
Ticker
SRQ
Exchange
TSX
Region
Quebec
Primary commodity
Nickel
Secondary commodities
Copper, Cobalt, Silver, Palladium
Document categories
Drill results
Extracted
2026-09-19 02:08:08 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

SRQ Resources has released detailed petrological and mineralogical characterisation of the nickel-copper mineralisation at its Lac Brulé property in Quebec. The studies highlight a meta-pyroxenite complex with sulphide contents up to 30% and provide specific assay intervals from hole LB-23-12.

Reasoning: The release provides detailed mineralogical characterisation and specific drill intercepts for the Lac Brulé project, supporting the geological model of a nickel-copper ultramafic complex.

Positive factors

  • Detailed petrological characterisation of mineralisation
  • High sulphide content (up to 30%) in mineralised horizons
  • Presence of cobalt-rich pentlandite
  • QA/QC protocols and QP sign-off disclosed

Negative factors

  • Lower than expected nickel in olivines

Facts used in scoring: 16

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions core logging, sampling by staff, and analysis by Activation Laboratories Ltd.

Evidence · text

“Core logging and sampling are performed at SRQ's field facilities by SRQ's staff. Sample preparation and whole rock analysis are carried out by Activation Laboratories Ltd”

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: Technical information reviewed and approved by Dr. Marc-Antoine Audet, P. Geo.

Evidence · text

“The technical information in this release has been reviewed and approved by Dr. Marc-Antoine Audet, Ph. D geology, P. Geo and President and CEO of SRQ Resources, and a ‘Qualified Person,'”

Extracted facts

Stored fact records: 16. Some facts used in scoring do not have a stored record.

Drill Results (16)

LB-23-12Lac Brulé · nickelGrade: 0.63Grade Unit: %Intercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
nickel
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.63
Grade Unit
%
Intercept
1.65 m
From
106.15 m
To
107.8 m
Intercept Depth
106.15 m

Classification

Sample Type
drill
Group ID
LB-23-12:106.15-107.8
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Standard nickel intercept in a sulphide-rich interval.

Evidence · text

“106.15 to 107.8 m (Ni: 0.63 to 0.79%; Cu: 0.36%) 30 to 37% sulphides”

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

LB-23-12Lac Brulé · copperGrade: 0.36Grade Unit: %Intercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.36
Grade Unit
%
Intercept
1.65 m
From
106.15 m
To
107.8 m
Intercept Depth
106.15 m

Classification

Sample Type
drill
Group ID
LB-23-12:106.15-107.8
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Copper component of the sulphide interval.

Evidence · text

“106.15 to 107.8 m (Ni: 0.63 to 0.79%; Cu: 0.36%)”

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

LB-23-12Lac Brulé · nickelGrade: 0.6Grade Unit: %Intercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
nickel
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.6
Grade Unit
%
Intercept
0.85 m
From
110.65 m
To
111.5 m
Intercept Depth
110.65 m

Classification

Sample Type
drill
Group ID
LB-23-12:110.65-111.5
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Nickel component of the sulphide interval.

Evidence · text

“110.65 to 111.5 m (Ni: 0.6%; Cu: 0.47%)”

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

LB-23-12Lac Brulé · copperGrade: 0.47Grade Unit: %Intercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.47
Grade Unit
%
Intercept
0.85 m
From
110.65 m
To
111.5 m
Intercept Depth
110.65 m

Classification

Sample Type
drill
Group ID
LB-23-12:110.65-111.5
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Copper component of the sulphide interval.

Evidence · text

“110.65 to 111.5 m (Ni: 0.6%; Cu: 0.47%)”

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

LB-23-12Lac Brulé · nickelGrade: 0.54Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
nickel
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.54
Grade Unit
%
Intercept
1 m
From
112 m
To
113 m
Intercept Depth
112 m

Classification

Sample Type
drill
Group ID
LB-23-12:112-113
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Nickel component of the sulphide interval.

Evidence · text

“112 to 113 m (Ni: 0.54%; Cu: 0.37%)”

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

LB-23-12Lac Brulé · copperGrade: 0.37Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.37
Grade Unit
%
Intercept
1 m
From
112 m
To
113 m
Intercept Depth
112 m

Classification

Sample Type
drill
Group ID
LB-23-12:112-113
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Copper component of the sulphide interval.

Evidence · text

“112 to 113 m (Ni: 0.54%; Cu: 0.37%)”

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

LB-23-12Lac Brulé · nickelGrade: 0.53Grade Unit: %Intercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
nickel
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.53
Grade Unit
%
Intercept
0.3 m
From
114.8 m
To
115.1 m
Intercept Depth
114.8 m

Classification

Sample Type
drill
Group ID
LB-23-12:114.8-115.1
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Nickel component of the sulphide interval.

Evidence · text

“114.8 to 115.1 m (Ni: 0.53%; Cu: 0.36%)”

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

LB-23-12Lac Brulé · copperGrade: 0.36Grade Unit: %Intercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.36
Grade Unit
%
Intercept
0.3 m
From
114.8 m
To
115.1 m
Intercept Depth
114.8 m

Classification

Sample Type
drill
Group ID
LB-23-12:114.8-115.1
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Copper component of the sulphide interval.

Evidence · text

“114.8 to 115.1 m (Ni: 0.53%; Cu: 0.36%)”

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

LB-23-12Lac Brulé · nickelGrade: 0.505Grade Unit: %Intercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
nickel
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.505
Grade Unit
%
Intercept
1.95 m
From
119 m
To
120.95 m
Intercept Depth
119 m

Classification

Sample Type
drill
Group ID
LB-23-12:119-120.95
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Nickel component of the sulphide interval.

Evidence · text

“119 to 120.95 m (Ni: 0.52 %; Cu: 0.27 to 0.59%)”

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

LB-23-12Lac Brulé · copperGrade: 0.43Grade Unit: %Intercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.43
Grade Unit
%
Intercept
1.95 m
From
119 m
To
120.95 m
Intercept Depth
119 m

Classification

Sample Type
drill
Group ID
LB-23-12:119-120.95
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Copper component of the sulphide interval.

Evidence · text

“119 to 120.95 m (Ni: 0.52 %; Cu: 0.27 to 0.59%)”

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

LB-23-12Lac Brulé · nickelGrade: 0.52Grade Unit: %Intercept: 2.25 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
nickel
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.52
Grade Unit
%
Intercept
2.25 m
From
122.45 m
To
124.7 m
Intercept Depth
122.45 m

Classification

Sample Type
drill
Group ID
LB-23-12:122.45-124.7
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Nickel component of the sulphide interval.

Evidence · text

“122.45 to 124.7 m (Ni: 0.51 to 0.53%; Cu: 0.19 to 0.49%)”

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

LB-23-12Lac Brulé · copperGrade: 0.34Grade Unit: %Intercept: 2.25 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.34
Grade Unit
%
Intercept
2.25 m
From
122.45 m
To
124.7 m
Intercept Depth
122.45 m

Classification

Sample Type
drill
Group ID
LB-23-12:122.45-124.7
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Copper component of the sulphide interval.

Evidence · text

“122.45 to 124.7 m (Ni: 0.51 to 0.53%; Cu: 0.19 to 0.49%)”

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

LB-23-12Lac Brulé · nickelGrade: 0.575Grade Unit: %Intercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
nickel
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.575
Grade Unit
%
Intercept
2.7 m
From
128.15 m
To
130.85 m
Intercept Depth
128.15 m

Classification

Sample Type
drill
Group ID
LB-23-12:128.15-130.85
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Nickel component of the sulphide interval.

Evidence · text

“128.15 to130.85 m (Ni: 0.49 to 0.66%; Cu: 0.35 to 0.44%)”

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

LB-23-12Lac Brulé · copperGrade: 0.395Grade Unit: %Intercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.395
Grade Unit
%
Intercept
2.7 m
From
128.15 m
To
130.85 m
Intercept Depth
128.15 m

Classification

Sample Type
drill
Group ID
LB-23-12:128.15-130.85
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Copper component of the sulphide interval.

Evidence · text

“128.15 to130.85 m (Ni: 0.49 to 0.66%; Cu: 0.35 to 0.44%)”

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

LB-23-12Lac Brulé · nickelGrade: 0.555Grade Unit: %Intercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
nickel
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.555
Grade Unit
%
Intercept
1.5 m
From
133.3 m
To
134.8 m
Intercept Depth
133.3 m

Classification

Sample Type
drill
Group ID
LB-23-12:133.3-134.8
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Nickel component of the sulphide interval.

Evidence · text

“133.3 to -134.8 m (Ni: 0.53 to 0.58%; Cu: 0.37 to 0.64%)”

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

LB-23-12Lac Brulé · copperGrade: 0.505Grade Unit: %Intercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
LB-23-12
Project
Lac Brulé
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
SRQ

Geometry

Grade
0.505
Grade Unit
%
Intercept
1.5 m
From
133.3 m
To
134.8 m
Intercept Depth
133.3 m

Classification

Sample Type
drill
Group ID
LB-23-12:133.3-134.8
Mining Method
underground

Location

Location
North Zone
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Copper component of the sulphide interval.

Evidence · text

“133.3 to -134.8 m (Ni: 0.53 to 0.58%; Cu: 0.37 to 0.64%)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.