Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go shopping at the mall.

Here are the highlights:

🤝 Deal Done in Uranium Land

🤩 Visible Gold

😉 BHP Shuns Uranium Spot Market

🤝 Deal Done in Uranium Land

Myriad Uranium Corp. (CSE: M) has signed a binding letter of intent with Rush Rare Metals Corp. (CSE: RSH), giving Myriad the option to earn up to a 75% interest in Rush's Copper Mountain Project in Wyoming.

Highlights:

• The Copper Mountain Project consists of 110 mineral claims covering approximately 775 hectares in the Copper Mountain district of Wyoming, known for uranium exploration.

• Historical zones of uranium mineralization, including the Arrowhead Mine, which produced 500,000 pounds of uranium in the 1960s and 1970s, exist within the project area.

• The transaction involves an initial 50% interest acquisition by Myriad through cash payments, common share issuance, and property expenditures, with the potential to acquire an additional 25% interest.

We’re biased to the eyeballs on this one since we’re shareholders of $M and our Editor is on the board of $RSH – but do we ever love deals being done and projects moving forward.

🤩 Visible Gold

Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) reports drill hole results for GD-23-203, which intercepted an extensive mineralized interval within the Bonanza Shear at the Golddigger Property in British Columbia.

Highlights:

• 15.8 meters of abundant visible gold from 306.2 to 322 meters

• The interval contains abundant visible gold with nuggets up to 1.7mm in size, and it corresponds to the contact between Hazleton sedimentary and volcanic units.

• It far exceeds the visible gold contained in GD-23-173 that assayed over 1 ounce per tonne gold equivalent within 14.68 AuEq over 26.89 meters, a 394 gm AuEq hole

• 41% of the 96 holes drilled in 2023 have contained visible gold, and all have intercepted the Surebet, Bonanza, and/or Golden Gate Zones.

Visible gold has consistently been identified within quartz-breccia here - looking good here!

😉 BHP Shuns Uranium Spot Market

According to GreenInvesting.co, BHP executives are considering direct long-term contracts with buyers instead of selling in the spot market.

Uranium investors believe that this shift could further boost the bullishness of the uranium spot price, which has recently risen to around US$66 per pound, up from US$59 at the beginning of the month. Uranium prices have risen to 12-year highs due to the global nuclear renaissance.

BHP's Olympic Dam uranium mine in South Australia plays a crucial role in the global nuclear power supply chain, producing about 6% of the global uranium supply.

The whole thing is big if true.

📰 In Other News:

🧐 Visual Of The Day

🤣 Meme Of The Day

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.