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- โ The Best Hits Edition
โ The Best Hits Edition
PLUS: Gold is Up. Only gold is up.
Greetings Contrarian,
This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and sit and cry that the whole freaking market is red look at our portfolios.
For this reason, we're doing a special on juicy drill results and mineral expansions, to remind us all we're idiots we're buying low to sell high.
Here are the greatest hits:
๐คฉ Carlyle Hits 689m Of Gold
๐คฉ Tudor Gold Expands 53%
๐คฉ AbraSilver Finds 32,481 g/t Ag
๐คฉ Collective Mining Hits 359m of 3.32 g/t
๐๐ป Carlyle Hits 689m Of Gold
Hole, N23-089 hit 689m of 0.51 g/t Au, 1.48 g/t Ag (0.52 AuEq g/t) from the top of bedrock to a depth of 707 meters (continuous consistent well mineralized bulk tonnage).
This hole was designed to test the continuity of the main mineralized area that had not been tested below 500 meters depth.
A higher-grade zone was discovered approximately 50 meters below the current resource grading 1.24 g/t Au, 1.16 g/t Ag over 30 meters.
The drill hole extended the known mineralization approximately 345 meters beyond the inferred resource limits, opening up significant volumes of rock for potential resource expansion.
๐๐ผ Tudor Gold Expands 53%
The upgraded estimate includes a 53% increase in gold equivalent grade and a 20% increase in total gold equivalent ounces within the indicated mineral resource category.
There was also a doubling of the total contained copper to 2.1 billion pounds. These improvements resulted from two additional years of drilling and refining of the geologic understanding.
The Goldstorm Deposit remains open to the south, north, northeast, and at depth. The updated mineral resource estimate is expected to provide an excellent foundation as the company advances the Treaty Creek Project towards an initial economic assessment.
๐ฃ AbraSilver Finds 32,481 g/t Ag
Highlight:
Hole DDH 23-004 intersected a broad zone of high-grade silver mineralization in oxides, including a 1-meter interval with 32,481 g/t Ag and 0.74 g/t Au, an all-time highest-grade silver intercept on the Diablillos project to date.
This mineralization is located in a separate zone approximately 50 meters north of the main trend of silver mineralization in the JAC Zone, and drilling results indicate that there are three distinct, parallel zones of silver mineralization within the JAC Zone.
๐งจ Collective Mining Hits 359m of 3.32 g/t
The aim of the program is to test and define the shallow portion of the Apollo porphyry system as well as to expand the system through step-out drilling.
Assay results for two holes APC-33 and APC-35, which were intended to test the mineralized outcrop of the Apollo porphyry system, intersected significant continuous high-grade copper-silver-gold mineralization from surface.
Highlight:
APC-33 hit 374.70 metres @ 2.22 g/t gold equivalent including:
42.85 metres @ 4.50 g/t gold equivalent
APC-35 is the highest grade hole drilled to date at the Apollo, hitting
359.15 metres @ 3.32 g/t gold equivalent, including:
35.30 metres @ 8.06 g/t gold equivalent and
47.85 metres @ 5.58 g/t gold equivalent.
Both holes terminated while still in strong mineralization at over 350 metres vertical depth.
Deeper drilling is planned as part of the 2023 Phase II program.
Meme of The Day
Got your #Gold & #Silver? ๐ฌ
โ Rob Kientz | Gold Silver Pros (@goldsilver_pros)
6:28 PM โข Mar 15, 2023
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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