Morning briefing — free market intel before the open

Cosa Resources Corp. (COSA)

U3O8 intercept — MLN26-014 at Murphy Lake North

Company
Cosa Resources Corp.
Ticker
COSA
Property
Murphy Lake North
Metal
U3O8
Hole ID
MLN26-014
Interval
278.3–278.8 m
Width
0.5 m
Grade
0.04 %
Gram-metres
0.02 g·m
Value per tonne (live spot)
$112
Precious-metal value (nugget)
$0 (0% of value)
Residual value (net, est.)
$55
Jurisdiction
Saskatchewan, 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.