# Smooth Rock Provides Palmetto Project Exploration Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224

Original source: https://money.tmx.com/en/quote/SMRV/news/7666278857360111/smooth-rock-provides-palmetto-project-exploration-update

Publisher: tmx

Original announcement: 2020-09-02T12:01:16.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Smooth Rock Ventures Corp.

- Ticker: SOCK

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver, Nickel, Copper, Lead, Zinc

- Document categories: Resource update, Permitting

- Extracted: 2026-08-24 11:18:42 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Smooth Rock Ventures has received a Notice of Intent exploration permit from the BLM for the Palmetto Project in Nevada. The company is also working with WSP Canada Inc. to upgrade the project's historical mineral resource estimate into a current NI 43-101 compliant resource.

Reasoning: The company received an exploration permit and is moving to upgrade a historical resource, which is a positive de-risking step, though the actual resource data is historical.

- Positive factor: Permit received from BLM

- Positive factor: Retained WSP to upgrade historical resource to current

- Positive factor: Historical resource shows significant gold/silver

- Negative factor: Resource is currently historical and not treated as current by the company

Facts used in scoring: 8

## Classification and evidence

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The company explicitly states it is not treating the Palmetto resource as current and considers it an historical estimate.

Evidence · text

> Smooth Rock Ventures Corp. is not treating this as current mineral resource and considers this an historical estimate.

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource is classified as Inferred in the provided table.

Evidence · table

> Inferred \(Pit\)

Context: 10,134

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Resource Estimates (8)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224#fact-resource-facts-0)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: SOCK

#### Resource Data

- Category: inferred
- Tonnes: 10134000
- Grade: 0.95
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-04-26T00:00:00.000Z

#### Dates

- Event date: 2020-09-02T00:00:00.000Z

Reasoning: Historical inferred resource for open pit component.

- Negative factor: Historical data

Evidence · table

> 0.95

Context: 10,134

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224#fact-resource-facts-1)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: SOCK

#### Resource Data

- Category: inferred
- Tonnes: 10134000
- Grade: 7.29
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-04-26T00:00:00.000Z

#### Dates

- Event date: 2020-09-02T00:00:00.000Z

Reasoning: Historical silver grade for open pit component.

- Negative factor: Historical data

Evidence · table

> 7.29

Context: 10,134

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224#fact-resource-facts-2)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: SOCK

#### Resource Data

- Category: inferred
- Tonnes: 98000
- Grade: 3.6
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-04-26T00:00:00.000Z

#### Dates

- Event date: 2020-09-02T00:00:00.000Z

Reasoning: Historical inferred resource for underground component.

- Positive factor: High grade for underground

- Negative factor: Historical data

Evidence · table

> 3.60

Context: 98

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224#fact-resource-facts-3)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: SOCK

#### Resource Data

- Category: inferred
- Tonnes: 98000
- Grade: 10.8
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-04-26T00:00:00.000Z

#### Dates

- Event date: 2020-09-02T00:00:00.000Z

Reasoning: Historical silver grade for underground component.

- Negative factor: Historical data

Evidence · table

> 10.80

Context: 98

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224#fact-resource-facts-4)

gold

#### Identity

- Commodity: gold
- Ticker: SOCK

#### Resource Data

- Category: inferred
- Tonnes: 10134
- Grade: 0.95
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-09-02T00:00:00.000Z

Reasoning: Historical inferred resource for open pit component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Historical data

Evidence · table

> 0.95

Context: 10,134

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224#fact-resource-facts-5)

silver

#### Identity

- Commodity: silver
- Ticker: SOCK

#### Resource Data

- Category: inferred
- Tonnes: 10134
- Grade: 7.29
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-09-02T00:00:00.000Z

Reasoning: Historical inferred resource for open pit component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Historical data

Evidence · table

> 7.29

Context: 10,134

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224#fact-resource-facts-6)

gold

#### Identity

- Commodity: gold
- Ticker: SOCK

#### Resource Data

- Category: inferred
- Tonnes: 98
- Grade: 3.6
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-09-02T00:00:00.000Z

Reasoning: Historical inferred resource for open pit component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Historical data

Evidence · table

> 3.60

Context: 98

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/smooth-rock-provides-palmetto-project-exploration-update--fa5f6e6a-f972-40e7-9159-0ae672999224#fact-resource-facts-7)

silver

#### Identity

- Commodity: silver
- Ticker: SOCK

#### Resource Data

- Category: inferred
- Tonnes: 98
- Grade: 10.8
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-09-02T00:00:00.000Z

Reasoning: Historical inferred resource for open pit component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Historical data

Evidence · table

> 10.80

Context: 98

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.