We calculate the strange magnetic moment of the nucleon on a quenched 163×24 lattice at β=6.0, and with Wilson fermions at κ =
0.148, 0.152, and 0.154. The strange quark contribution from the disconnected
insertion is estimated stochastically by employing the Z2 noise method.
Using an unbiased subtraction along with the help of charge conjugation and
hermiticity, we reduce the error by a factor of 2 with negligible overhead. Our
result is GMs=−0.28±0.10μN.Comment: Lattice 2000 (Hadronic Matrix Elements), 4 pages 2 fig