Morning briefing — free market intel before the open

Surge Copper Corp (EM)

CuEq intercept — EMB-25-011 at Balfour

Company
Surge Copper Corp
Ticker
EM
Property
Balfour
Metal
CuEq
Hole ID
EMB-25-011
Interval
27.7–49.2 m
Width
21.5 m
Grade
1.46 %
Gram-metres
31.39 g·m
Value per tonne (live spot)
$274
Precious-metal value (nugget)
$113 (41% of value)
Residual value (net, est.)
$199
Jurisdiction
British Columbia, 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.