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- ⛏ 340m of Gold!
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 video games.
Here are the highlights:
🥳 340m of Gold!
🤩 $2B Lithium Project
🤣 Meme Of The Day
🥳 340m of Gold!
Lavras Gold Corp. (TSXV: LGC, OTCQB: LGCFF) has undoubtedly made a great discovery by drilling the new Fazenda do Posto zone of the LDS Project in southern Brazil.
Highlights:
340 m of 1.09 g/t gold from 117 metres
Hole drilled 150m from Butiá deposit.
This was a blind gold discovery with no surface expression of mineralization, which may open up new exploration potential. Two drill rigs are currently running to follow this one up.
The stock is up a gazillion percent. 👏
🤩 $2B Lithium Project
Critical Elements Lithium Corporation (TSX-V:CRE)(OTCQX:CRECF)(FSE:F12) has just announced results of their new feasibility study for the Rose Lithium-Tantalum project in Eeyou Istchee James Bay, Québec.
Highlights:
Capex: US$471 million
After-tax NPV8% of US$2.1b
After-tax IRR of 65.7%
The company’s stock price has been on a slow and consistent decline, and if you know why, hit reply and let us know. Current market cap: C$320m.
📰 In Other News:
🤣 Meme Of The Day
Important reminder🚨
— Dividend Hero (@HeroDividend)
9:20 PM • Aug 24, 2023
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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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