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⛏ Bonanza Uranium In Canada
PLUS: Nanocap Finds Spodumeme Close To Manono
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 share about our investments, even with our grandma.
Here are the highlights:
🥳 Bonanza Uranium In Canada
😉 Nanocap Finds Spodumeme Within Pegmatites
🧐 Visual Of The Day
🥳 Bonanza Uranium In Canada
F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF), a former partner of the newsletter and still a holding in our portfolio, just announced scintillometer results from the initial eight holes of the ongoing 30-hole summer drill program at the JR Zone on the Patterson Lake North ("PLN") Property, including four high grade intercepts.
Highlights:
19.0 m of mineralization, including 6.00 m off-scale radioactivity (>65,535 cps) between 234.00 m and 245.00 m
16.5 m of composite mineralization between 219.0 m and 260.5 m
50% increase in the JR Zone strike length to 156 m, after stepping out 30 m
Scintillometer readings are not assays and cannot tell us exactly the grade of the intercept, but the fact is off-scale readings in the JR zone have proved to be ultra-high grade of up to 59.2% in the past. We’ll be watching anxiously for the assays.
😉 Nanocap Finds Spodumeme Within Pegmatites
AJN Resources Inc. (CSE: AJN) (FSE: 5AT) (AJN or the Company) is pleased to announce that it has completed a reconnaissance mapping and sampling programme on its Kabunda South Project, located in the Manono Region, DRC.
Highlights:
Spodumene within pegmatites visually identified across the full 7 km strike extent of the permit. Assay results from sampling expected in August.
Steeply dipping pegmatites mineralized in spodumene were identified over widths of between 50 m to 200 m over a strike extent of 1.5kms in the northern area of the permit.
If you’re wondering where you’ve heard the name Manono before, it was from this piece of news just a number of days ago:
The company is aiming to mobilise drill rigs and commence drilling late Q3 / early Q4 2023. We’ll be watching.
📰 In Other News:
🧐 Visual Of The Day
How Big is the Market for Crude Oil? 🛢️
visualcapitalist.com/how-big-is-mar…
— Visual Capitalist (@VisualCap)
4:05 AM • Jul 4, 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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