Morning briefing — free market intel before the open

TALON METALS CORP (TLO)

NiEq intercept — 25TK0569 at Tamarack

Company
TALON METALS CORP
Ticker
TLO
Property
Tamarack
Metal
NiEq
Hole ID
25TK0569
Interval
640.85–659.75 m
Width
18.9 m
Grade
12.23 %
Gram-metres
231.15 g·m
Value per tonne (live spot)
$3,264
Precious-metal value (nugget)
$887 (27% of value)
Residual value (net, est.)
$2,778
Jurisdiction
Minnesota, USA

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.