Morning briefing — free market intel before the open

GR Silver Mining Ltd. (GRSL)

Ag intercept — SMS26-04 at San Marcial

Company
GR Silver Mining Ltd.
Ticker
GRSL
Property
San Marcial
Metal
Ag
Hole ID
SMS26-04
Width
45.1 m
Grade
1623 g/t
Gram-metres
73197.3 g·m
Value per tonne (live spot)
$3,928
Precious-metal value (nugget)
$3,928 (100% of value)
Residual value (net, est.)
$3,495
Jurisdiction
Sinaloa, Mexico

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.