# SRQ Reports Additional Nickel-Copper Intercepts at Lac Brul&amp;\#xE9;'s Ultramafic Intrusive Complex

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487

Original source: https://money.tmx.com/en/quote/SRQ/news/5431280530711748/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int

Publisher: tmx

Original announcement: 2024-05-28T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: SRQ Resources Inc.

- Ticker: SRQ

- Exchange: TSX

- Region: Quebec

- Primary commodity: Nickel

- Secondary commodities: Copper, Platinum, Palladium, Gold

- Document categories: Drill results

- Extracted: 2026-08-26 11:30:51 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

SRQ Resources has announced highly encouraging drill results at its Lac Brulé project in Quebec, including the discovery of a new large ultramafic magmatic intrusion \(Target 900\) located 6 km west of the Gossan Zone. While the program confirmed continuity at the Gossan Zone, specific assay grades for the recent intercepts are currently pending.

Reasoning: The announcement reports a significant new geological discovery \(Target 900\) and confirms continuity at the existing Gossan Zone, though specific assay grades are not yet released.

- Positive factor: Discovery of a new large ultramafic intrusion \(Target 900\)

- Positive factor: Continuity of mineralization at Gossan Zone

- Positive factor: Presence of visible sulphides \(pyrrhotite, chalcopyrite, pentlandite\)

- Positive factor: Significant thickness of intrusive material \(735m\)

- Negative factor: Assay results are still pending

- Negative factor: Hole LB-24-29 terminated early due to technical reasons

- Negative factor: Mineralization at Target 900 detected at the bottom of a terminated hole

Facts used in scoring: 8

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The program led to the discovery of a significant new geological structure/magmatic ultramafic Intrusion 6 km west of the Gossan Zone.

Evidence · text

> the program has led to the discovery of a significant and highly prospective new geological structure/magmatic ultramafic Intrusion located 6 kilometres west of the Gossan Zone.

**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 mentions sample preparation and analysis by Activation Laboratories Ltd and lists the specific assay methods to be used.

Evidence · text

> Sample preparation and analysis are carried out by Activation Laboratories Ltd \(Actlab\), Ancaster and Thunder Bay, Ontario, Canada.

## Extracted facts

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

## Drill Results (8)

### LB-24-22

[Link to this fact](https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487#fact-drill-facts-0)

Lac Brulé · nickel

#### Identity

- Hole ID: LB-24-22
- Project: Lac Brulé
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: SRQ

#### Geometry

- Intercept: 76 m

#### Classification

- Program: resource
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2024-05-28T00:00:00.000Z

Reasoning: Intercept contains visible pyrrhotite, chalcopyrite, and pentlandite.

- Positive factor: Presence of visible sulphides

Evidence · text

> LB-24-22: 76m of pyroxenite including 143m to 157m of disseminated mineralisation \(7% to 15% visible pyrrhotite \(Po\) + minor chalcopyrite \("CPy"\) &amp; pentlandite \("Pn"\)\)

### LB-24-23

[Link to this fact](https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487#fact-drill-facts-1)

Lac Brulé · nickel

#### Identity

- Hole ID: LB-24-23
- Project: Lac Brulé
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: SRQ

#### Geometry

- Intercept: 114 m

#### Classification

- Program: resource
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2024-05-28T00:00:00.000Z

Reasoning: Intercept includes semi-massive sulphide lenses.

- Positive factor: Presence of semi-massive sulphide lenses

Evidence · text

> LB-24-23: 114m of pyroxenite including 120m to 234m of diss + several semi-massive lenses \("SSM"\)

### LB-24-24

[Link to this fact](https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487#fact-drill-facts-2)

Lac Brulé · nickel

#### Identity

- Hole ID: LB-24-24
- Project: Lac Brulé
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: SRQ

#### Geometry

- Intercept: 86 m

#### Classification

- Program: resource
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2024-05-28T00:00:00.000Z

Reasoning: Intercept includes sections and stringers of massive sulphide.

- Positive factor: Presence of massive sulphide sections

Evidence · text

> LB-24-24: 86m of pyroxenite including 122m to 219m of diss + several sections and stringers of SSM - massive sulphide \("SM"\)

### LB-24-25

[Link to this fact](https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487#fact-drill-facts-3)

Lac Brulé · nickel

#### Identity

- Hole ID: LB-24-25
- Project: Lac Brulé
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: SRQ

#### Geometry

- Intercept: 192 m

#### Classification

- Program: resource
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2024-05-28T00:00:00.000Z

Reasoning: Thick intercept with disseminated and semi-massive to massive sulphides.

- Positive factor: Thick mineralised interval

Evidence · text

> LB-24-25: 192m of pyroxenite including 120m to 141m of diss + SSM-SM

### LB-24-26

[Link to this fact](https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487#fact-drill-facts-4)

Lac Brulé · nickel

#### Identity

- Hole ID: LB-24-26
- Project: Lac Brulé
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: SRQ

#### Geometry

- Intercept: 70 m

#### Classification

- Program: resource
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2024-05-28T00:00:00.000Z

Reasoning: Intercept includes sections of semi-massive sulphide.

- Positive factor: Presence of semi-massive sulphide

Evidence · text

> LB-24-26: 70m of pyroxenite including 132m to 172m of diss + few sections SSM

### LB-24-27

[Link to this fact](https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487#fact-drill-facts-5)

Lac Brulé · nickel

#### Identity

- Hole ID: LB-24-27
- Project: Lac Brulé
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: SRQ

#### Geometry

- Intercept: 41 m

#### Classification

- Program: resource
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2024-05-28T00:00:00.000Z

Reasoning: Intercept includes stringers of semi-massive to massive sulphide.

- Positive factor: Presence of semi-massive to massive sulphide stringers

Evidence · text

> LB-24-27: 41m of pyroxenite including 135m to 150m of diss + stringers of SSM-SM

### LB-24-28

[Link to this fact](https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487#fact-drill-facts-6)

Lac Brulé · nickel

#### Identity

- Hole ID: LB-24-28
- Project: Lac Brulé
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: SRQ

#### Geometry

- Intercept: 55 m

#### Classification

- Program: resource
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2024-05-28T00:00:00.000Z

Reasoning: Intercept includes 4m of semi-massive to massive sulphide.

- Positive factor: Presence of semi-massive to massive sulphide

Evidence · text

> LB-24-28: 55m of pyroxenite including 127m to 147m of diss + 4m SSM-SM

### LB-24-29

[Link to this fact](https://atlas-staging.minestarters.com/news/srq-reports-additional-nickel-copper-intercepts-at-lac-brul-xe9-s-ultramafic-int--339e5df3-9eb8-43bb-aa2c-a833a6307487#fact-drill-facts-7)

Lac Brulé · nickel

#### Identity

- Hole ID: LB-24-29
- Project: Lac Brulé
- Commodity: nickel
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: SRQ

#### Geometry

- Intercept: 735 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

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

#### Dates

- Event date: 2024-05-28T00:00:00.000Z

Reasoning: Discovery of a massive 735m thick ultramafic intrusive package with mineralisation at the base, representing a significant new target.

- Positive factor: Discovery of a new large ultramafic intrusion

- Positive factor: Extremely thick continuous intrusive material \(735m\)

- Positive factor: Mineralisation detected at the bottom of the hole

- Negative factor: Hole terminated early due to technical reasons

- Negative factor: Assay results pending

Evidence · text

> The hole intersected 735m of continuous undeformed Ultramafic Magmatic \("UM"\) Intrusive pyroxenite with Po, minor CPy and Pn in the last 70m of the hole.

## 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.
