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Iconic Minerals Ltd. (ICM) BC-1601 Drill Intercept — Strikepoint News | Strikepoint News

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ICM · BC-1601 · 2026-09-29

Drill dossier

Iconic Minerals Ltd. (ICM)

Name: Iconic Minerals Ltd. (ICM) BC-1601 drill intercept
Creator: Strikepoint News
License: https://creativecommons.org/licenses/by/4.0/

Li2O intercept — BC-1601 at Bonnie Claire

Announced 2026-09-29

Company: Iconic Minerals Ltd.
Ticker: ICM
Property: Bonnie Claire
Metal: Li2O
Hole ID: BC-1601
Width: 67.1 m
Grade: 2054 ppm
Gram-metres: 137823.4 g·m
Value per tonne (live spot): $17.80
Precious-metal value (nugget): $0 (0% of value)
Residual value (net, est.)

View technical chart Model recovery & costs Source filing (SEDAR+)

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.