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Lux Metals Corp. (LXM) LGS12-224 Drill Intercept — Strikepoint News | Strikepoint News

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LXM · LGS12-224 · 2026-09-14

Drill dossier

Lux Metals Corp. (LXM)

Au intercept — LGS12-224 at La Grande

Announced 2026-09-14

Company: Lux Metals Corp.
Ticker: LXM
Property: La Grande
Metal: Au
Program type: Step-out
Hole ID: LGS12-224
Width: 37 m
Grade: 1.93 g/t
Gram-metres: 71.41 g·m
Value per tonne (live spot): $266.74
Precious-metal value (nugget): $267 (100% of value)

Residual value (net, est.)

$200

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.

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