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My Watchlist Articles For Companies Drill Calculator Drill Database Claims Map Technical Chart Trader’s Cheat Sheet Insider Activity

News Wire Drill Results Free-Trading Calendar Warrant Database Placements Strikepoint Central My Watchlist Articles For Companies Drill Calculator Drill Database Claims Map Technical Chart Trader’s Cheat Sheet Insider Activity About For Companies Contact

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Precious Metals International Markets Base Metals Critical Minerals

Strikepoint News is in beta — data and features are under active review. Verify independently before making trading decisions.

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Strategic Metals Ltd. (SMD) Drill Intercept — Strikepoint News | Strikepoint News

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Drill Results
SMD · 2026-09-17

Drill dossier

Strategic Metals Ltd. (SMD)

Au intercept at Hopper

Announced 2026-09-17

Company: Strategic Metals Ltd.
Ticker: SMD
Property: Hopper
Metal: Au
Width: 1 m
Grade: 43.6 g/t
Gram-metres: 43.6 g·m
Value per tonne (live spot): $6,111.02
Precious-metal value (nugget): $6,111 (100% of value)
Residual value (net, est.): $5,460

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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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