Morning briefing — free market intel before the open

Lux Metals Corp. (LXM)

Au intercept — LGS12-224 at La Grande

Company
Lux Metals Corp.
Ticker
LXM
Property
La Grande
Metal
Au
Hole ID
LGS12-224
Interval
753–790 m
Width
37 m
Grade
1.93 g/t
Gram-metres
71.41 g·m
Value per tonne (live spot)
$282
Precious-metal value (nugget)
$282 (100% of value)
Residual value (net, est.)
$214
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.