⛏ 30m Of 5.81 g/t Au

PLUS: More Lithium In Tasmania

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 play volleyball.

Here are the highlights:

👏 Nevgold 1M oz+ Resource

😵 More Lithium In Tasmania

🤩 30m Of 5.81 g/t Au

👏 Nevgold 1M oz+ Resource

NevGold Corp. (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) announced the Company’s initial Mineral Resource Estimate for the Nutmeg Mountain gold project in southwest Idaho.

Highlights:

  • 1.01M oz of Indicated Resources at 0.61 g/t Au (Open-pit oxide)

  • 275k oz of Inferred Resources at 0.48 g/t Au

The Company increased the pit-constrained tonnage by over 32%. They’ve made a video about this update, which you can check out here.

😵 More Lithium In Tasmania

TinOne Resources Inc. (TSXV: TORC) (OTCQB: TORCF) (Frankfurt: 57Z0), a sponsor and partner of TNBR, announced today that it has identified lithium mineralization in historical core samples from its 100%-owned, 9,600-hectare Aberfoyle Project located in Tasmania, Australia.

Highlights:

  • Definition of a new style of lithium mineralization at Aberfoyle

    • Select drill core samples of mica-rich sedimentary rocks, host to the prospective Devonian granites, returned up to 0.47% Li2O at the Storeys Creek target area.

    • Strong lithium mineralization, hosted in sedimentary rocks at Storeys Creek, enhances the prospectivity criteria for lithium beyond Devonian aged granites.

These new results significantly expand the exploration search-space for lithium mineralization at Aberfoyle and elsewhere across the Company's portfolio of tin-tungsten-lithium projects in northeast Tasmania. We’re long and strong.

🤩 30m Of 5.81 g/t Au

New Found Gold Corp. (TSX-V: NFG) (NYSE-A: NFGC) announced the results from 16 diamond drill holes that were completed as part of a drill program, designed to test the newly discovered Keats West zone. On the west side of the Appleton Fault Zone in New Found’s 100%-owned Queensway project, Newfoundland and Labrador.

Highlights:

  • 30.05m of 5.81 g/t Au

  • 10.45m of 7.01 g/t Au

Keats West has a known footprint spanning 305m long by 315m wide and starts at surface, with all intercepts drilled to date occurring above 130m vertical depth.

It’s the gift that keeps on giving.

📰 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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