- The Next Big Rush
- Posts
- β 400+ Metres Of Gold In Yukon
β 400+ Metres Of Gold In Yukon
PLUS: Watch This Junior In Colombia
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 even get scared, because it's Wednesday. π
Here are the highlights:
π 400+ Metres Of Gold In Yukon
πͺ Colombia Junior Swipes Up More Land
π PMET Achieves 6% LiβO Spodumene Concentrate
π 400+ Metres Of Gold In Yukon
SNOWLINE GOLD CORP. (TSXV:SGD) (OTCQB:SNWGF) just announced preliminary assay results from the first hole of its 2023 drilling program at the Valley target on its Rogue Project in Canada's Yukon Territory.
Highlights:
418 m of 1.88 g/t Au from 5.7 m depth (wow)
Including 216 m of 3.08 g/t Au
These words from CEO Scott Berdhal say it all, βOur first drill hole of 2023 was drilled to test what we thought was the edge of a relatively high-grade gold corridor within the Rogue Project's Valley intrusionβ.
βIt ended up as Snowline's second-best drill hole to date.β
Congrats to the team.
πͺ Colombia Junior Swipes Up More Land
Quimbaya Gold Inc. (CSE: QIM) a client and partner of ours, has acquired additional claims for two gold and silver mining properties covering 3,310 hectares in the high-grade region of Segovia, Colombia.
One property is situated within the Cajamarca complex and is known for gold mineralization related to shear zones.
The other property is near the Serrania de San Lucas area and hosts Gneissic and Volcanic rocks along the El Bagre fault zone.
Quimbaya aims to build the next big exploration company in Colombia, and currently focuses on three projects: Tahami, Berrio, and Maitamac.
Weβre biased, long and strong.
π PMET Achieves 6% LiβO Spodumene Concentrate
Patriot Battery Metals (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) has announced positive results from preliminary Heavy Liquid Separation (HLS) testwork on core samples from the CV13 Pegmatite cluster.
The testwork indicates that a Dense Media Separation (DMS) process flowsheet is applicable, with spodumene concentrates containing over 6% Li2O achieved at lithium recoveries exceeding 70%.
The results suggest that material from both the CV13 Pegmatite and CV5 Pegmatite can be jointly processed using the same design criteria and flowsheet.
A DMS circuit offers advantages such as lower capital and operating costs, reduced reagent needs, and reduced technical risk compared to alternative methods.
The positive results support the potential for joint processing and will guide further project development.
Weβre lithium noob heads, and even we know this is great news.
π° In Other News:
π¦ Tweet Of The Day
Yee-Haw!π€ π #Ontario announces plans to build an additional 4800MW of new large-scale #Nuclear power generating capacity with Bruce Power, the first new large-scale nuclear build in #Canada in 3 decades!π¨π¦βοΈποΈ #Uranium#CarbonFree 24/7 #CleanEnergy#EnergyTransition#NetZero
β John Quakes (@quakes99)
3:18 PM β’ Jul 5, 2023
How Are We Doing?Today's mining news was: |
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.
Reply