Grid Metals Corp. (GRDM)

Ni intercept — MF08-102 at Ore Fault

Announced 2026-06-09

Company

Grid Metals Corp.

Ticker

GRDM

Property

Ore Fault

Metal

Ni

Hole ID

MF08-102

Interval

187–240 m

Width

53 m

Grade

0.82 %

Gram-metres

43.46 g·m

Value per tonne (live spot)

$207.66

Precious-metal value (nugget)

$49 (24% of value)

Residual value (net, est.)

$139

Jurisdiction

MISSING — unconfirmed from snippet

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.