⛏ 32m Of 8 g/t Gold

PLUS: Rich Tailings worth C$50m?

Author

Fabi Lara
October 24, 2023

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 have a milkshake.

Here are the highlights:

😉 32m Of 8 g/t Gold

👏 Rich Tailings worth C$50m?

🤣 Meme Of The Day

😉 32m Of 8 g/t Gold

Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) reports continuing assay results from its ongoing exploration program of the Surluga Deposit.

Highlights:

  • 32.95 m of 8.01 g/t gold

  • 1.04 m of 46.9 g/t gold

  • 1.19 m of 171.0 g/t gold

The market was positive on the news, but only slightly, bumping it by about 3.2% at the time of writing.

👏 Rich Tailings worth C$50m?

Founders Metals Inc. (TSXV: FDR) announces successful auger geochemical survey results at the Antino Gold Project in Suriname, South America.

Highlights:

  • Up to 9.17 g/t gold in the alluvial mining tailings.

The preliminary survey outlines three large tailings areas that collectively cover >100,000 m2 with minimum thicknesses over 3.5 m. It’s believed they could have up to their own market cap worth of gold in the tailings. What a find!

📰 In Other News:

Fireweed Intersects 81.3 m of 8.5% Zinc, 1.1% Lead, and 47.0 g/t Silver, Including 12.4 m of 17.2% Zinc, 2.0% Lead, and 79.1 g/t Silver at Boundary Zone

ceo.ca/@GlobeNewswire/fireweed-intersects-813-m-of-85-zinc-11-lead

Thesis Gold Drills 4.05 m of 119.49 g/t Gold at the Bonanza Zone

ceo.ca/@newsfile/thesis-gold-drills-405-m-of-11949-gt-gold-at-the

LIFT Intersects 18 m at 1.72% Li2O at the BIG East pegmatite and 12 m at 1.04% Li2O at the Shorty pegmatite, Yellowknife Lithium Project, NWT

ceo.ca/@GlobeNewswire/lift-intersects-18-m-at-172-li2o-at-the-big-east

SXG Drills 331 m @ 6.8 g/t Gold (Uncut) Traversing 18 High-Grade Veins 200 m Down Dip Extension from Previously Announced Results, Best Hole to Date 7 Intersections >100 g/t Gold, up to 4,190 g/t Gold Rising Sun Area Remains Open with Assays Pending for 18 Holes

ceo.ca/@accesswire/sxg-drills-331-m-68-gt-gold-uncut-traversing

🤣 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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