Morning briefing — free market intel before the open

Perseverance Metals Inc. (PMI)

Ni intercept — DH AL08-008 at Armit Lake

Company
Perseverance Metals Inc.
Ticker
PMI
Property
Armit Lake
Metal
Ni
Hole ID
DH AL08-008
Width
7.8 m
Grade
1.57 %
Gram-metres
12.25 g·m
Value per tonne (live spot)
$325
Precious-metal value (nugget)
$0 (0% of value)
Residual value (net, est.)
$236
Jurisdiction
Ontario, Canada

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.