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Smooth Rock Ventures (TSX.V:SMRV) Targets High-Grade Potential in Nevada’s Walker Lane Corridor

3 min read | December 11, 2025 03:27 AM EST | By Sonal Goyal

Highlights

  • Smooth Rock Ventures holds 100%-owned Nevada projects in the prolific Walker Lane Shear Zone, a recognised mineralised corridor.
  • The Palmetto Project hosts an NI 43-101 inferred mineral resource of approximately 296,695 ounces of gold.
  • The Giroux Project features extensive historical mine workings and high-grade nickel surface sampling results, reinforcing its drill-ready status.

Smooth Rock Ventures Corp. (TSX.V:SMRV) (OTC:SMRVF) is a TSX.V-listed company dedicated to advancing exploration and development projects within Nevada’s Walker Lane Shear Zone, a highly recognized structural corridor for gold mineralization. The company is focused on its 100%-owned projects in this prolific region, which has a long history of mining and exploration.

Operating in a Prolific Gold-Bearing Structural Trend

The Walker Lane Shear Zone extends southeast from Reno toward Las Vegas and hosts numerous past-producing mines, including Bodie, Borealis, Aurora, Pamlico, Mabel, Evening Star, Camp Douglas and Mindoro, all located near Smooth Rock’s current project portfolio.

The broader Walker Trend has a history of supporting silver, copper and gold production, such as the Comstock Lode silver-gold mine, the Candelaria silver-gold mines, and the Anaconda Copper mine — mines recognised for their historically high output.

Smooth Rock’s Palmetto and Giroux projects lie within Mineral County, one of Nevada’s notable high-grade mining districts.

Palmetto Project: Advanced Gold Asset with Resource Base

The Palmetto Project, held 100% by the company and subject to a 2% GSR, covers 116 unpatented claims across 2,217 acres. It is an advanced gold project supported by an NI 43-101 mineral resource estimate prepared by WSP Canada Inc.

Data source: Company update. Image source: © 2025 Krish Capital Pty. Ltd.

Historical development and exploration to ~300 feet depth provide access to the high-grade Discovery Zone. The project has a substantial exploration history, with previous work conducted by companies including Newmont Gold, Phelps Dodge, Cambior, and Romarco Minerals.

Drill highlights from 2021 program include:

  • 31.4 g/t Au over 6.5 m, including 44.3 g/t Au over 0.8 m, and 122.5 g/t Au over 1.1 m, from a depth of about 85m.

The company emphasizes significant potential for resource expansion in multiple directions.

Giroux Project: Nickel-Rich Historical Workings with Drill-Ready Status

The company has 100% ownership of the Giroux Project, which has seen eextensive historical workings including shafts, adits, sub-levels, and open pits. Historically, the site produced nickel, copper, silver, gold, and barite, with records indicating the highest-grade nickel production in Nevada’s history, according to Mining Districts and Mineral Resources of Nevada (Lincoln, 1923).

Regional surface sampling has yielded nickel values ranging from:

  • 1.17% Ni to 3.9% Ni.

The project spans 49 claims across 980 acres, including 12 patented claims. It is positioned within the Candelaria Mining District, approximately 10 miles from Nevada’s largest open-pit silver producer. Previous exploration campaigns include prospecting, geological mapping, surface sampling and geophysical, establishing the project as drill ready.

SMRV shares traded at CAD 0.20 per share on 28 November 2025.


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