Morning briefing — free market intel before the open

Globex Mining Enterprises Inc. (GMX)

AuEq intercept — TOM-25-014 at Berrigan Mine

Company
Globex Mining Enterprises Inc.
Ticker
GMX
Property
Berrigan Mine
Metal
AuEq
Hole ID
TOM-25-014
Interval
238.7–239.85 m
Width
1.15 m
Grade
5.43 g/t
Gram-metres
6.24 g·m
Value per tonne (live spot)
$829
Precious-metal value (nugget)
$438 (53% of value)
Residual value (net, est.)
$687
Jurisdiction
Ontario, Canada — unconfirmed from snippet alone

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.