Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and have a cuppa coffee 'cause life is short. ☕️

Here are the highlights:

🗣  Biden Cleans Up Coal        

 🤯  Kuya With Monster Hit

 👾 Trillion Printing Value

💎  Biden Cleans Up Coal

US President Joe Biden has allocated $450m towards clean energy projects on current and former mine sites to generate up to 90 GW of clean energy.

The plan is aimed at transforming coal communities into clean energy hubs, and to provide new economic opportunities for those affected.

The Department of Energy will also allocate $16m to two universities for design studies for a domestic refinery that will extract rare earth and other critical minerals from coal ash, acid mine drainage, and other mine waste.

President Biden created an interagency working group focused on revitalising coal-power communities through federal investments in 2021.

The group selected 25 priority areas from West Virginia to Wyoming for development.

Did we hear........ Wyoming?

🍖 Kuya With Monster Hit

Kuya Silver Corporation has reported assay results from the newly discovered Angus Vein, a silver-bearing vein in the Campbell-Crawford target at the Silver Kings Project in Cobalt, Ontario. 

Highlight:

74,418 g/t silver over 0.30 m (that’s 4.7 freaking monster boxes, for those of us wondering), along with a composite interval of 16,838 g/t silver and 0.08% cobalt over 3.04 m

Seven drill holes at the Campbell-Crawford area intersected up to six silver/cobalt mineralized veins per drill hole, suggesting that it is more likely a mineralized vein cluster and not an isolated vein.

If you haven’t seen their core, we highly recommend zooming in  ‘cause they’re sexy as hell:

🤜🏼 Trillion Printing Value

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) put out results of its January 31, 2023, reserve report update for the SASB gas field, which showed a substantial increase due to additional discoveries. 

Highlights:

Proved and probable conventional natural gas reserves (P2) rose from 48.6 BCF (YE 2022) to 63.3 BCF, indicating a 30% increase.

The Net present value of proved and probable (P2) natural gas reserves (NPV10%) grew from USD $426m (YE 2022) to USD $548mnet to Trillion, a 29% increase. 

The US $548m NPV 10 value represents USD $1.43 per share.

Net present value of Proved Reserves (P1 - NPV10) jumped from US$ 119.5m (YE 2022) to US $153.7m, an increase of 29%.

Net present value of proved, probable and possible reserves (P3) NPV10  went from USD $725m (YE 2022) to USD $925m net to Trillion, a growth of 28%; representing USD $2.41/share NPV10.

Current price: 40c CAD.

Meme Chart of The Day - Aussie Goldies

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.