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- ⛏ 30m Of 5.81 g/t Au
⛏ 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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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.
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