⛏ 242m Grading 9.06 g/t Gold

PLUS: Uranium Co Boosts Resource

Greetings Contrarian,

Source: Trading Economics, Numerco.

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and return to our home after a long journey. ✈

Here are the highlights:

🤩 242m Grading 9.06 g/t Gold

🧐 Goviex Boosts Resource in Zambia

👏 Firefox Hits 20m of High Grade

🤩 242m Grading 9.06 g/t Gold

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) is reporting additional drill results from the Ana Paula project in Mexico. These two holes continue to assess mineralization up plunge of and within the High Grade Panel at the core of Ana Paula.

Highlights:

  • 241.95m of 9.06 g/t

  • 104.1m of 6.14 g/t

The current program will evaluate Ana Paula's ability to host a high-margin, underground gold mine.

We think it’s pretty likely they can get there….

🧐 Goviex Boosts Resource in Zambia

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) announced an updated Mineral Resource Estimate for its wholly owned mine permitted Muntanga Uranium Project in Zambia.

Highlights:

  • Measured & Indicated resources nearly tripled, now representing 74% from 29% of total resources.

  • Total in-pit constrained resources increased 18%.

The PEA was based on $50/lb, which will position this upcoming feasibility study very, very well. It’s not often we see a uranium PEA with anything less than $60.

One to watch!

👏 Firefox Hits 20m of High Grade

FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF), an exploration company with projects in Finland, has just announced some positive results from the first four holes from the spring 2023 drilling campaign at the Company's 100%-held Mustajärvi Gold Project in Lapland (yes, we know what you’re thinking).

Highlights:

  • 11.95m of 9.69 g/t Au from 5.4 metres down hole

  • 20.45 m averaging at 5.14 g/t Au from 12.0 metres down hole

  • 14.8 m averaging 6.00 g/t Au from 54.0 metres down hole

Each hole hit 10 g/t within the above intercepts.

This is getting interesting.

📰 In Other News:

🤣 Meme Of The Day

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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.

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