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- ⛏ 776 M Of 0.50% Copper Equivalent From Surface
⛏ 776 M Of 0.50% Copper Equivalent From Surface
PLUS: Ana Paula Keeps On Giving
Fabi Lara
August 09, 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 drink an orange juice.
Here are the highlights:
👏 776 M Of 0.50% Copper Equivalent From Surface
😜 Ana Paula Keeps On Giving
😋 Osino Makes New Discovery
👏 776 M Of 0.50% Copper Equivalent From Surface
American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) announces results of one drill hole in its 2023 drill campaign on its NAK copper-gold porphyry project.
Highlights:
776 m @ 0.50% copper equivalent (0.27 Au g/t, 0.22% Cu 1.19 Ag g/t 99.8 Mo ppm) from surface, the best intercept to date.
The hole was designed to test the near-surface high-grade gold-bearing mineralization encountered at the Nak South zone in 2022 and previously, with an original target depth of 300 m.
American Eagle expects to receive initial assay results for drill holes, another 3 holes in the coming weeks.
(Rubs hands together)
😜 Ana Paula Keeps On Giving
Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) reports additional drill results from the Ana Paula project in Mexico.
Highlights:
38 m of 6.95 g/t gold
38 m of 13.4 g/t gold
8.5 m of 3.0 g/t gold
The Company completed 18 holes at Ana Paula, and it has reported results from twelve holes to date.
😋 Osino Makes New Discovery
Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) announced the discovery of significant gold mineralization at the Eureka greenfields exploration project, approximately 35km northeast of the Company’s Ondundu Gold Project.
Highlights:
47m @ 5.92g/t Gold
18m @ 4.94g/t Gold
17m @ 4.13g/t Gold
Eureka is a significant, greenfields gold discovery made by Osino through text-book exploration techniques in a newly evolving gold district in northwestern Namibia.
📰 In Other News:
🐦 Tweet Of The Day
The rotation of capital from tech and general equities into commodities and energy will be a sight to behold
That part of the market is very undervalued on a relative basis and once cyclicality kicks in, as it always does, commodities and energy will start to greatly outperform.
— Yellowbull (@Yellowbull11)
3:39 PM • Aug 9, 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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