Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go-kart racing.

Here are the highlights:

😵 1430m of CuEq

💪 $2b Nickel Project

👏 Ana Paula Strikes Again

😵 1430m of CuEq

Filo Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) announced today successful geological exploration at the Filo del Sol Project in San Juan, Argentina.

Highlight:

• 1,430m at 0.55% CuEq from 42m, including 1,180m at 0.61% CuEq from 292m

This proves continuous mineralization across the Aurora and Bonita Zones. The drilling program remains active, look out for the next set of results.

💪 $2b Nickel Project

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) announced the results from the preliminary feasibility study (PFS) for its 100%-owned Baptiste Nickel Project in central British Columbia.

Highlights:

• After-Tax NPV: $2.01 Billion

• IRR: 18.6%

• Capex: 2.18 Billion

• 29 year mine life

We all know the ONLY time investors will take notice of an IRR lower than 20% is when the asset is massive. Is $2b massive enough?

👏 Ana Paula Strikes Again

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar") announced today additional drill results from the Ana Paula project in Mexico, which represent the first assessment of mineralization down-plunge of the High Grade Panel at the project.

Highlights:

• 98.0m @ 6.46 g/t gold, including 33.0m @ 16.4 g/t gold

• 85.5m @ 4.73 g/t gold, including 9.5m @ 25.6 g/t gold

• 47.6m @ 3.20 g/t gold, 33.1m @ 2.14 g/t gold, with high-grade subzones

The company's three-pronged approach to re-scoping the project in 2023 aims to increase the High Grade Panel size and improve mining economics, and they’re doing a fine job at that!

📰 In Other News:

• Forum Energy is a new sponsor of this wonderful newsletter. Expect news on their drill campaign here as soon as it hits the wires! We’re excited.

  
  Check out why here:

🐦 Tweet Of The Day

Happy Speculating!

The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.