# SPC Nickel Reports Positive Metallurgical Results from the West Graham Project, Sudbury, Ontario

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420

Original source: https://money.tmx.com/en/quote/SPC/news/8646854870980254/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s

Publisher: tmx

Original announcement: 2026-02-27T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: SPC Nickel Corp.

- Ticker: SPC

- Exchange: TSX

- Region: Sudbury, Ontario

- Primary commodity: Nickel

- Secondary commodities: Copper, Cobalt, Palladium, Platinum, Gold, Silver, Iron ore, Sulfur

- Document categories: Metallurgy, Drill results

- Extracted: 2026-08-26 11:03:40 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

SPC Nickel reported positive metallurgical results from its West Graham Nickel-Copper Project, demonstrating processability and clean concentrates compatible with existing Sudbury mills, despite some commodities showing lower recoveries. The company also announced drill results from its LKE Project, which intersected Ni-Cu-PGM mineralization and identified a compelling off-hole EM anomaly, extending the known resource and defining a new target.

Reasoning: The metallurgical results are mixed, with some key commodities showing low recoveries, though the absence of penalty elements is a strong positive. Drill results extend mineralization and define a new target, but the grades are not high-grade. The company's framing is more positive than the underlying numbers for some aspects.

- Positive factor: Metallurgical study confirms processability and clean concentrates with no penalty elements, de-risking the project.

- Positive factor: Drill program extends known mineralization and identifies a compelling new off-hole EM target.

- Negative factor: Nickel, Cobalt, Platinum, and Gold recoveries are below the 'weak' threshold for flotation.

- Negative factor: Drill intercept grades and grade-thickness values are generally moderate to weak, not exceptional.

Facts used in scoring: 57

## Classification and evidence

**Locked Cycle Test**

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The metallurgical test work was conducted using a 6-cycle locked cycle test, which is a strong maturity scale for metallurgical testing.

Evidence · text

> Locked cycle testing produced an 18.4% Cu+Ni \(10.6% Ni\) rougher-cleaner concentrate.

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: The metallurgical study used five regional composites and one master composite, indicating variability across the deposit was considered.

Evidence · text

> Five regional composites and 1 master composite submitted for metallurgical testing.

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: The concentrates produced were free of impurity or penalty elements, indicating a clean ore amenable to standard processing.

Evidence · text

> No impurity or penalty elements present in the concentrates.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The technical elements of the news release were approved by Grant Mourre, P.Geo., and Steve Wilson, PEng, both Qualified Persons.

Evidence · text

> The technical elements of this news release have been approved by Mr. Grant Mourre, P.Geo. \("PGO"\), CEO and President of SPC Nickel Corp. and a Qualified Person under National Instrument 43-101. Steve Wilson 1 , Principal of Wil-Solve Consulting Services, who designed the study and oversaw the test work performed by XPS, commented, "Disseminated sulphides are always a bit of a challenge in a laboratory environment but this material performed well at the target grinds expected in the Sudbury basin mills and achieved good concentrate grades. I am confident that the concentrate quality will be further improved in a blended feed scenario with massive sulphide ores."

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: Nickel recovery of 69.6% is below the weak threshold of 75% for flotation.

Evidence · table

> 69.6

Context: RghrClnr + Po Clnr Conc

**Moderate Recovery**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Copper recovery of 85.3% is above the weak threshold of 80% for flotation.

Evidence · table

> 85.3

Context: RghrClnr + Po Clnr Conc

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: Cobalt recovery of 67.2% is below the default weak threshold of 75% for flotation.

Evidence · table

> 67.2

Context: RghrClnr + Po Clnr Conc

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Palladium recovery of 80.8% is above the default weak threshold of 75% for flotation.

Evidence · table

> 80.8

Context: RghrClnr + Po Clnr Conc

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: Platinum recovery of 59.8% is below the default weak threshold of 75% for flotation.

Evidence · table

> 59.8

Context: RghrClnr + Po Clnr Conc

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: Gold recovery of 43.0% is significantly below the default weak threshold of 80% for flotation.

Evidence · table

> 43.0

Context: RghrClnr + Po Clnr Conc

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drill program aimed to test EM anomalies located down-dip of the existing LKE Resource, indicating an effort to extend mineralization.

Evidence · text

> The objective of the program was to test a series of high-conductivity electromagnetic \("EM"\) anomalies located down-dip of the Company's LKE Resource

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes a detailed section on sampling and analytical protocols, including certified reference materials, blanks, and duplicates, and mentions ALS as the analytical laboratory.

Evidence · text

> SPC Nickel follows rigorous sampling and analytical protocols that meet or exceed industry standards. Core samples are stored in a secured area until transport in batches to the ALS facility in Sudbury, Ontario, Canada. Sample batches include certified reference materials, blank, and duplicate samples that are then processed under the control of ALS. All samples were analyzed in Vancouver by ALS Chemex.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that lengths refer to downhole length and insufficient work has been done to estimate true thickness.

Evidence · text

> Lengths refer to downhole length; insufficient work has been done to estimate true thickness.

## Extracted facts

Stored fact records: 57. Some facts used in scoring do not have a stored record.

## Drill Results (21)

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-36)

West Graham · nickel

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: nickel
- Ticker: SPC

#### Geometry

- Grade: 0.52
- Grade Unit: %
- Intercept: 10.8 m
- From: 1700 m
- To: 1710.8 m

#### Classification

- Sample Type: drill
- Group ID: including:1700-1710.8

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.52 % nickel is weak against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.52

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-37)

West Graham · copper

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: copper
- Ticker: SPC

#### Geometry

- Grade: 0.42
- Grade Unit: %
- Intercept: 10.8 m
- From: 1700 m
- To: 1710.8 m

#### Classification

- Sample Type: drill
- Group ID: including:1700-1710.8

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.42 % copper is weak against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 4.5 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.42

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-38)

West Graham · cobalt

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: cobalt
- Ticker: SPC

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 10.8 m
- From: 1700 m
- To: 1710.8 m

#### Classification

- Sample Type: drill
- Group ID: including:1700-1710.8

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.01 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.01 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.01

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-39)

West Graham · platinum

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: platinum
- Ticker: SPC

#### Geometry

- Grade: 0.57
- Grade Unit: g/t
- Intercept: 10.8 m
- From: 1700 m
- To: 1710.8 m

#### Classification

- Sample Type: drill
- Group ID: including:1700-1710.8

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table: 0.57 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for platinum; intercept not scored.

Evidence · table

> 0.57

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-40)

West Graham · palladium

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: palladium
- Ticker: SPC

#### Geometry

- Grade: 0.29
- Grade Unit: g/t
- Intercept: 10.8 m
- From: 1700 m
- To: 1710.8 m

#### Classification

- Sample Type: drill
- Group ID: including:1700-1710.8

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table: 0.29 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for palladium; intercept not scored.

Evidence · table

> 0.29

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-41)

West Graham · gold

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: gold
- Ticker: SPC

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 10.8 m
- From: 1700 m
- To: 1710.8 m

#### Classification

- Sample Type: drill
- Group ID: including:1700-1710.8

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 g/t gold is weak against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 3.2 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.30

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-42)

West Graham · silver

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: silver
- Ticker: SPC

#### Geometry

- Grade: 2.48
- Grade Unit: g/t
- Intercept: 10.8 m
- From: 1700 m
- To: 1710.8 m

#### Classification

- Sample Type: drill
- Group ID: including:1700-1710.8

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.48 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 26.8 g/t·m is below.

- Negative factor: 2.48 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.48

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-43)

West Graham · nickel

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: nickel
- Ticker: SPC

#### Geometry

- Grade: 0.46
- Grade Unit: %
- Intercept: 12.5 m
- From: 1725.5 m
- To: 1738 m

#### Classification

- Sample Type: drill
- Group ID: including:1725.5-1738

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.46 % nickel is weak against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.46

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-44)

West Graham · copper

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: copper
- Ticker: SPC

#### Geometry

- Grade: 0.3
- Grade Unit: %
- Intercept: 12.5 m
- From: 1725.5 m
- To: 1738 m

#### Classification

- Sample Type: drill
- Group ID: including:1725.5-1738

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 % copper is weak against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 3.8 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.30

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-45)

West Graham · cobalt

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: cobalt
- Ticker: SPC

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 12.5 m
- From: 1725.5 m
- To: 1738 m

#### Classification

- Sample Type: drill
- Group ID: including:1725.5-1738

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.01 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.01 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.01

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-46)

West Graham · platinum

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: platinum
- Ticker: SPC

#### Geometry

- Grade: 0.43
- Grade Unit: g/t
- Intercept: 12.5 m
- From: 1725.5 m
- To: 1738 m

#### Classification

- Sample Type: drill
- Group ID: including:1725.5-1738

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table: 0.43 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for platinum; intercept not scored.

Evidence · table

> 0.43

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-47)

West Graham · palladium

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: palladium
- Ticker: SPC

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 12.5 m
- From: 1725.5 m
- To: 1738 m

#### Classification

- Sample Type: drill
- Group ID: including:1725.5-1738

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table: 0.11 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for palladium; intercept not scored.

Evidence · table

> 0.11

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-48)

West Graham · gold

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: gold
- Ticker: SPC

#### Geometry

- Grade: 0.08
- Grade Unit: g/t
- Intercept: 12.5 m
- From: 1725.5 m
- To: 1738 m

#### Classification

- Sample Type: drill
- Group ID: including:1725.5-1738

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.08 g/t gold is below against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 1.0 g/t·m is below.

- Negative factor: 0.08 g/t gold is below the weak threshold \(0.3 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.08

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-49)

West Graham · silver

#### Identity

- Hole ID: including
- Project: West Graham
- Commodity: silver
- Ticker: SPC

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 12.5 m
- From: 1725.5 m
- To: 1738 m

#### Classification

- Sample Type: drill
- Group ID: including:1725.5-1738

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.7 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 21.3 g/t·m is below.

- Negative factor: 1.7 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.70

Context: including

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-50)

West Graham · nickel

#### Identity

- Hole ID: and
- Project: West Graham
- Commodity: nickel
- Ticker: SPC

#### Geometry

- Grade: 0.41
- Grade Unit: %
- Intercept: 10 m
- From: 1793 m
- To: 1803 m

#### Classification

- Sample Type: drill
- Group ID: and:1793-1803

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.41 % nickel is weak against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.41

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-51)

West Graham · copper

#### Identity

- Hole ID: and
- Project: West Graham
- Commodity: copper
- Ticker: SPC

#### Geometry

- Grade: 0.39
- Grade Unit: %
- Intercept: 10 m
- From: 1793 m
- To: 1803 m

#### Classification

- Sample Type: drill
- Group ID: and:1793-1803

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.39 % copper is weak against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 3.9 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.39

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-52)

West Graham · cobalt

#### Identity

- Hole ID: and
- Project: West Graham
- Commodity: cobalt
- Ticker: SPC

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 10 m
- From: 1793 m
- To: 1803 m

#### Classification

- Sample Type: drill
- Group ID: and:1793-1803

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.01 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.01 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.01

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-53)

West Graham · platinum

#### Identity

- Hole ID: and
- Project: West Graham
- Commodity: platinum
- Ticker: SPC

#### Geometry

- Grade: 0.08
- Grade Unit: g/t
- Intercept: 10 m
- From: 1793 m
- To: 1803 m

#### Classification

- Sample Type: drill
- Group ID: and:1793-1803

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table: 0.08 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for platinum; intercept not scored.

Evidence · table

> 0.08

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-54)

West Graham · palladium

#### Identity

- Hole ID: and
- Project: West Graham
- Commodity: palladium
- Ticker: SPC

#### Geometry

- Grade: 0.03
- Grade Unit: g/t
- Intercept: 10 m
- From: 1793 m
- To: 1803 m

#### Classification

- Sample Type: drill
- Group ID: and:1793-1803

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table: 0.03 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.

- Negative factor: No grade rubric for palladium; intercept not scored.

Evidence · table

> 0.03

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-55)

West Graham · gold

#### Identity

- Hole ID: and
- Project: West Graham
- Commodity: gold
- Ticker: SPC

#### Geometry

- Grade: 0.03
- Grade Unit: g/t
- Intercept: 10 m
- From: 1793 m
- To: 1803 m

#### Classification

- Sample Type: drill
- Group ID: and:1793-1803

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.03 g/t gold is below against the default band \[5, 2, 1, 0.3\] g/t. Grade×width 0.3 g/t·m is below.

- Negative factor: 0.03 g/t gold is below the weak threshold \(0.3 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.03

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-drill-facts-56)

West Graham · silver

#### Identity

- Hole ID: and
- Project: West Graham
- Commodity: silver
- Ticker: SPC

#### Geometry

- Grade: 2.45
- Grade Unit: g/t
- Intercept: 10 m
- From: 1793 m
- To: 1803 m

#### Classification

- Sample Type: drill
- Group ID: and:1793-1803

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.45 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 24.5 g/t·m is below.

- Negative factor: 2.45 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.45

Context: and

## Metallurgical Results (36)

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-0)

West Graham · nickel

#### Identity

- Project: West Graham
- Commodity: nickel
- Ticker: SPC

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Master composite

#### Recovery

- Recovery: 69.6 %
- Recovery Basis: actual\_test
- Head Grade: 0.43
- Head Grade Unit: %
- Conc. Grade: 8.81
- Conc. Grade Unit: %

#### Lab

- Laboratory: XPS Expert Process Solutions
- Consultant: Steve Wilson

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: While the test scale and concentrate quality are positive, the nickel recovery is below the expected weak threshold for flotation, indicating potential challenges or areas for optimization.

- Positive factor: Test work conducted at a strong maturity scale \(locked-cycle test\).

- Positive factor: No impurity or penalty elements present in the concentrates.

- Negative factor: Nickel recovery \(69.6%\) is below the 'weak' threshold \(75%\) for flotation.

Evidence · table

> 69.6

Context: RghrClnr + Po Clnr Conc

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-1)

West Graham · copper

#### Identity

- Project: West Graham
- Commodity: copper
- Ticker: SPC

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Master composite

#### Recovery

- Recovery: 85.3 %
- Recovery Basis: actual\_test
- Head Grade: 0.24
- Head Grade Unit: %
- Conc. Grade: 5.96
- Conc. Grade Unit: %

#### Lab

- Laboratory: XPS Expert Process Solutions
- Consultant: Steve Wilson

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Copper recovery is moderate to strong for flotation, supported by a robust test scale and clean concentrate, contributing positively to project economics.

- Positive factor: Copper recovery \(85.3%\) is above the 'weak' threshold \(80%\) for flotation.

- Positive factor: Test work conducted at a strong maturity scale \(locked-cycle test\).

- Positive factor: No impurity or penalty elements present in the concentrates.

Evidence · table

> 85.3

Context: RghrClnr + Po Clnr Conc

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-2)

West Graham · cobalt

#### Identity

- Project: West Graham
- Commodity: cobalt
- Ticker: SPC

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Master composite

#### Recovery

- Recovery: 67.2 %
- Recovery Basis: actual\_test
- Head Grade: 0.015
- Head Grade Unit: %
- Conc. Grade: 0.29
- Conc. Grade Unit: %

#### Lab

- Laboratory: XPS Expert Process Solutions
- Consultant: Steve Wilson

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Cobalt recovery is below the general weak threshold for flotation, which could impact its contribution as a byproduct, despite the robust test work and clean concentrate.

- Positive factor: Test work conducted at a strong maturity scale \(locked-cycle test\).

- Positive factor: No impurity or penalty elements present in the concentrates.

- Negative factor: Cobalt recovery \(67.2%\) is below the default 'weak' threshold \(75%\) for flotation.

Evidence · table

> 67.2

Context: RghrClnr + Po Clnr Conc

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-3)

West Graham · palladium

#### Identity

- Project: West Graham
- Commodity: palladium
- Ticker: SPC

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Master composite

#### Recovery

- Recovery: 80.8 %
- Recovery Basis: actual\_test
- Head Grade: 15.2
- Head Grade Unit: ppb
- Conc. Grade: 360
- Conc. Grade Unit: ppb

#### Lab

- Laboratory: XPS Expert Process Solutions
- Consultant: Steve Wilson

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Palladium recovery is strong, which is a positive for byproduct credits, supported by robust test work and clean concentrate.

- Positive factor: Palladium recovery \(80.8%\) is above the default 'weak' threshold \(75%\) for flotation.

- Positive factor: Test work conducted at a strong maturity scale \(locked-cycle test\).

- Positive factor: No impurity or penalty elements present in the concentrates.

Evidence · table

> 80.8

Context: RghrClnr + Po Clnr Conc

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-4)

West Graham · platinum

#### Identity

- Project: West Graham
- Commodity: platinum
- Ticker: SPC

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Master composite

#### Recovery

- Recovery: 59.8 %
- Recovery Basis: actual\_test
- Head Grade: 35.6
- Head Grade Unit: ppb
- Conc. Grade: 621
- Conc. Grade Unit: ppb

#### Lab

- Laboratory: XPS Expert Process Solutions
- Consultant: Steve Wilson

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Platinum recovery is significantly below the general weak threshold for flotation, which could limit its economic contribution as a byproduct.

- Positive factor: Test work conducted at a strong maturity scale \(locked-cycle test\).

- Positive factor: No impurity or penalty elements present in the concentrates.

- Negative factor: Platinum recovery \(59.8%\) is below the default 'weak' threshold \(75%\) for flotation.

Evidence · table

> 59.8

Context: RghrClnr + Po Clnr Conc

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-5)

West Graham · gold

#### Identity

- Project: West Graham
- Commodity: gold
- Ticker: SPC

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Master composite

#### Recovery

- Recovery: 43 %
- Recovery Basis: actual\_test
- Head Grade: 19.8
- Head Grade Unit: ppb
- Conc. Grade: 248
- Conc. Grade Unit: ppb

#### Lab

- Laboratory: XPS Expert Process Solutions
- Consultant: Steve Wilson

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Gold recovery is very low for flotation, which is a significant negative factor for its potential as a byproduct.

- Positive factor: Test work conducted at a strong maturity scale \(locked-cycle test\).

- Positive factor: No impurity or penalty elements present in the concentrates.

- Negative factor: Gold recovery \(43.0%\) is significantly below the default 'weak' threshold \(80%\) for flotation.

Evidence · table

> 43.0

Context: RghrClnr + Po Clnr Conc

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-6)

West Graham · iron\_ore

#### Identity

- Project: West Graham
- Commodity: iron\_ore
- Ticker: SPC

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Master composite

#### Recovery

- Recovery: 11.3 %
- Recovery Basis: actual\_test
- Head Grade: 9.71
- Head Grade Unit: %
- Conc. Grade: 31.94
- Conc. Grade Unit: %

#### Lab

- Laboratory: XPS Expert Process Solutions
- Consultant: Steve Wilson

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Iron recovery is low, indicating good rejection of iron into the tailings, which is positive for concentrate quality, though iron is not a primary commodity.

- Positive factor: Test work conducted at a strong maturity scale \(locked-cycle test\).

- Positive factor: No impurity or penalty elements present in the concentrates.

Evidence · table

> 11.3

Context: RghrClnr + Po Clnr Conc

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-7)

West Graham · sulfur

#### Identity

- Project: West Graham
- Commodity: sulfur
- Ticker: SPC

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Master composite

#### Recovery

- Recovery: 38.6 %
- Recovery Basis: actual\_test
- Head Grade: 2.72
- Head Grade Unit: %
- Conc. Grade: 30.65
- Conc. Grade Unit: %

#### Lab

- Laboratory: XPS Expert Process Solutions
- Consultant: Steve Wilson

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Sulphur recovery is moderate, indicating some concentration of sulphides, which is expected for a sulphide flotation process.

- Positive factor: Test work conducted at a strong maturity scale \(locked-cycle test\).

- Positive factor: No impurity or penalty elements present in the concentrates.

Evidence · table

> 38.6

Context: RghrClnr + Po Clnr Conc

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-8)

LKE Project · nickel

#### Identity

- Project: LKE Project
- Commodity: nickel
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This intercept represents a significant width of nickel mineralization, extending the known resource, but the grade is modest and true width is not provided.

- Positive factor: Intercept extends mineralization down-dip, indicating potential for resource growth.

- Positive factor: Good width \(49.0m\) for exploration drilling.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Nickel grade \(0.35%\) is at the lower end of the 'weak' threshold for typical deposits.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.35

Context: 49.0

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-9)

LKE Project · copper

#### Identity

- Project: LKE Project
- Commodity: copper
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a good width of copper mineralization, extending the known resource, but the grade is modest and true width is not provided.

- Positive factor: Intercept extends mineralization down-dip, indicating potential for resource growth.

- Positive factor: Good width \(49.0m\) for exploration drilling.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Copper grade \(0.28%\) is at the lower end of the 'weak' threshold for typical deposits.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.28

Context: 49.0

### Fact 11

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-10)

LKE Project · cobalt

#### Identity

- Project: LKE Project
- Commodity: cobalt
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: While part of a significant intercept, the cobalt grade is very low, contributing minimally to the overall value.

- Positive factor: Intercept extends mineralization down-dip, indicating potential for resource growth.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Cobalt grade \(0.01%\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.01

Context: 49.0

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-11)

LKE Project · platinum

#### Identity

- Project: LKE Project
- Commodity: platinum
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a good width of platinum mineralization, extending the known resource, but the grade is modest and true width is not provided.

- Positive factor: Intercept extends mineralization down-dip, indicating potential for resource growth.

- Positive factor: Good width \(49.0m\) for exploration drilling.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Platinum grade \(0.38 g/t\) is at the lower end of the 'moderate' threshold.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.38

Context: 49.0

### Fact 13

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-12)

LKE Project · palladium

#### Identity

- Project: LKE Project
- Commodity: palladium
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a good width of palladium mineralization, extending the known resource, but the grade is modest and true width is not provided.

- Positive factor: Intercept extends mineralization down-dip, indicating potential for resource growth.

- Positive factor: Good width \(49.0m\) for exploration drilling.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Palladium grade \(0.22 g/t\) is below the 'weak' threshold.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.22

Context: 49.0

### Fact 14

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-13)

LKE Project · gold

#### Identity

- Project: LKE Project
- Commodity: gold
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: While part of a significant intercept, the gold grade is very low, contributing minimally to the overall value.

- Positive factor: Intercept extends mineralization down-dip, indicating potential for resource growth.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Gold grade \(0.12 g/t\) is below the 'weak' threshold.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.12

Context: 49.0

### Fact 15

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-14)

LKE Project · silver

#### Identity

- Project: LKE Project
- Commodity: silver
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: While part of a significant intercept, the silver grade is very low, contributing minimally to the overall value.

- Positive factor: Intercept extends mineralization down-dip, indicating potential for resource growth.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Silver grade \(1.67 g/t\) is very low compared to typical thresholds.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 1.67

Context: 49.0

### Fact 16

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-15)

LKE Project · nickel

#### Identity

- Project: LKE Project
- Commodity: nickel
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This sub-interval shows a moderate nickel grade over a good width, indicating a higher-grade zone within the overall mineralization.

- Positive factor: Nickel grade \(0.52%\) is moderate, representing a higher-grade section within the broader intercept.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.52

Context: 10.8

### Fact 17

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-16)

LKE Project · copper

#### Identity

- Project: LKE Project
- Commodity: copper
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This sub-interval shows a moderate copper grade over a good width, indicating a higher-grade zone within the overall mineralization.

- Positive factor: Copper grade \(0.42%\) is moderate, representing a higher-grade section within the broader intercept.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.42

Context: 10.8

### Fact 18

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-17)

LKE Project · cobalt

#### Identity

- Project: LKE Project
- Commodity: cobalt
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Despite being a sub-interval, the cobalt grade remains very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Cobalt grade \(0.01%\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.01

Context: 10.8

### Fact 19

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-18)

LKE Project · platinum

#### Identity

- Project: LKE Project
- Commodity: platinum
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This sub-interval shows a moderate platinum grade over a good width, indicating a higher-grade zone within the overall mineralization.

- Positive factor: Platinum grade \(0.57 g/t\) is moderate, representing a higher-grade section within the broader intercept.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.57

Context: 10.8

### Fact 20

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-19)

LKE Project · palladium

#### Identity

- Project: LKE Project
- Commodity: palladium
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak palladium grade over a good width, indicating a higher-grade zone within the overall mineralization.

- Positive factor: Palladium grade \(0.29 g/t\) is at the 'weak' threshold, representing a higher-grade section within the broader intercept.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.29

Context: 10.8

### Fact 21

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-20)

LKE Project · gold

#### Identity

- Project: LKE Project
- Commodity: gold
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak gold grade over a good width, indicating a higher-grade zone within the overall mineralization.

- Positive factor: Gold grade \(0.30 g/t\) is at the 'weak' threshold, representing a higher-grade section within the broader intercept.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.30

Context: 10.8

### Fact 22

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-21)

LKE Project · silver

#### Identity

- Project: LKE Project
- Commodity: silver
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Despite being a sub-interval, the silver grade remains very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Silver grade \(2.48 g/t\) is very low compared to typical thresholds.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 2.48

Context: 10.8

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-22)

LKE Project · nickel

#### Identity

- Project: LKE Project
- Commodity: nickel
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This sub-interval shows a moderate nickel grade over a good width, indicating a higher-grade zone within the overall mineralization.

- Positive factor: Nickel grade \(0.46%\) is moderate, representing a higher-grade section within the broader intercept.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.46

Context: 12.5

### Fact 24

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-23)

LKE Project · copper

#### Identity

- Project: LKE Project
- Commodity: copper
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak copper grade over a good width, indicating a higher-grade zone within the overall mineralization.

- Positive factor: Copper grade \(0.30%\) is at the 'weak' threshold, representing a higher-grade section within the broader intercept.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.30

Context: 12.5

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-24)

LKE Project · cobalt

#### Identity

- Project: LKE Project
- Commodity: cobalt
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Despite being a sub-interval, the cobalt grade remains very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Cobalt grade \(0.01%\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.01

Context: 12.5

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-25)

LKE Project · platinum

#### Identity

- Project: LKE Project
- Commodity: platinum
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This sub-interval shows a moderate platinum grade over a good width, indicating a higher-grade zone within the overall mineralization.

- Positive factor: Platinum grade \(0.43 g/t\) is moderate, representing a higher-grade section within the broader intercept.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.43

Context: 12.5

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-26)

LKE Project · palladium

#### Identity

- Project: LKE Project
- Commodity: palladium
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Despite being a sub-interval, the palladium grade is very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Palladium grade \(0.11 g/t\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.11

Context: 12.5

### Fact 28

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-27)

LKE Project · gold

#### Identity

- Project: LKE Project
- Commodity: gold
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Despite being a sub-interval, the gold grade is very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Gold grade \(0.08 g/t\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.08

Context: 12.5

### Fact 29

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-28)

LKE Project · silver

#### Identity

- Project: LKE Project
- Commodity: silver
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: Despite being a sub-interval, the silver grade remains very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Silver grade \(1.70 g/t\) is very low compared to typical thresholds.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 1.70

Context: 12.5

### Fact 30

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-29)

LKE Project · nickel

#### Identity

- Project: LKE Project
- Commodity: nickel
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This intercept shows moderate nickel mineralization at depth, extending the known zone, but true width is not provided.

- Positive factor: Nickel grade \(0.41%\) is moderate, indicating continued mineralization at depth.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.41

Context: 10.0

### Fact 31

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-30)

LKE Project · copper

#### Identity

- Project: LKE Project
- Commodity: copper
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: This intercept shows moderate copper mineralization at depth, extending the known zone, but true width is not provided.

- Positive factor: Copper grade \(0.39%\) is moderate, indicating continued mineralization at depth.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.39

Context: 10.0

### Fact 32

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-31)

LKE Project · cobalt

#### Identity

- Project: LKE Project
- Commodity: cobalt
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: The cobalt grade in this deeper intercept remains very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Cobalt grade \(0.01%\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.01

Context: 10.0

### Fact 33

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-32)

LKE Project · platinum

#### Identity

- Project: LKE Project
- Commodity: platinum
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: The platinum grade in this deeper intercept is very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Platinum grade \(0.08 g/t\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.08

Context: 10.0

### Fact 34

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-33)

LKE Project · palladium

#### Identity

- Project: LKE Project
- Commodity: palladium
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: The palladium grade in this deeper intercept is very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Palladium grade \(0.03 g/t\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.03

Context: 10.0

### Fact 35

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-34)

LKE Project · gold

#### Identity

- Project: LKE Project
- Commodity: gold
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: The gold grade in this deeper intercept is very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Gold grade \(0.03 g/t\) is very low.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 0.03

Context: 10.0

### Fact 36

[Link to this fact](https://atlas-staging.minestarters.com/news/spc-nickel-reports-positive-metallurgical-results-from-the-west-graham-project-s--245e7337-44a2-4cbe-83b1-03728d619420#fact-metallurgical-facts-35)

LKE Project · silver

#### Identity

- Project: LKE Project
- Commodity: silver
- Region: sudbury mining camp
- Reported Region: Sudbury Mining Camp
- Ticker: SPC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-27T00:00:00.000Z

Reasoning: The silver grade in this deeper intercept is very low, contributing minimally to the overall value.

- Positive factor: Comprehensive QA/QC procedures disclosed.

- Negative factor: Silver grade \(2.45 g/t\) is very low compared to typical thresholds.

- Negative factor: True width not estimated, potentially overstating actual thickness.

Evidence · table

> 2.45

Context: 10.0

## 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.