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- ⛏ Over 4 Football Fields Of Gold
⛏ Over 4 Football Fields Of Gold
PLUS: Junior Acquires Tin-Lithium Project
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 drink more water, cause it’s hot.
Here are the highlights:
🥳 Over 4 Football Fields Of Gold
🤩 Junior Acquires Tin-Lithium Project
👏 Canadian Gold Co Wins Court Battle Against Venezuela
🥳 Over 4 Football Fields Of Gold
Tudor Gold Corp. (TSXV: TUD) (FSE: H56) just published the first set of drill results for the 2023 exploration program at their flagship property, Treaty Creek, in the Golden Triangle of Northwestern BC, Canada. The campaign included both infill and step out drilling.
Step-out Highlights:
412.5 m of 1.01 g/t AuEQ (0.93 g/t Au, 6.26 g/t Ag, 0.01 % Cu)
337.5 m of 1.31 g/t AuEQ (0.87 g/t Au, 6.89 g/t Ag, 0.32 % Cu)
Both of the above are step-outs of 150m beyond the previously known zone.
🤩 Junior Acquires Tin-Lithium Project
TinOne Resources Inc. (TSXV: TORC) (OTCQB: TORCF) (Frankfurt: 57Z0), a sponsor and partner of TNBR, has been granted a total of 243 km2 of new exploration tenure in northeast Tasmania.
The Mount Maurice Project is believed to be rich in tin and lithium. Historically a tin and tungsten area, recent explorations have prioritized lithium. Key points include:
Dominant land position: The Mount Maurice acquisition bolsters the company's stance in Tasmania, concentrating on tin and lithium exploration.
Prospective mineralization: the project is based around a complex granite batholith with greisen zones, likely holding tin and lithium.
Accessibility: A forestry road network provides convenient access.
The Company has applied for another 133 km2, which it expects to be granted in the coming months.
One to watch right now and very under-the-radar. Don’t say we didn’t warn you!
👏 Canadian Gold Co Wins Court Battle Against Venezuela
Rusoro Mining Ltd. (TSXV: RML) has won a significant legal victory to enforce a $1.4 billion arbitration award against Venezuela over the country's takeover of Rusoro's gold mining assets.
The U.S. Court of Appeals upheld the decision that Venezuela's state-owned oil company, Petróleos de Venezuela, S.A., can have its assets seized to pay the debt.
The court dismissed Venezuela's argument that its political unrest should change the ruling.
Rusoro's CEO, Andre Agapov, hopes Venezuela will willingly pay its debt to end this longstanding dispute.
Even though willingly and government are two words that do not go together, we’ll be watching closely with popcorn in hand rooting for Rusoro, of course.
The stock moved up more than 10% on the news today.
📰 In Other News:
🧐 Visual 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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