Greetings Contrarian,

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

Here are the highlights:

🤩 10.55m of 47 g/t Au

🙄 The Feds Want A Piece Of The Action

🧐 Visual Of The Day

🤩 10.55m of 47 g/t Au

New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) announces the results from a follow-up drill program at the Iceberg and Iceberg East discoveries, located northeast of Keats Main in their Queensway project, Newfoundland and Labrador.

Highlights:

• 10.55m of 46.8 g/t Au

• 30.55m of 4.28 g/t Au

• 12.80m of 4.51 g/t Au

Check out the link below for some core p*rn of visible gold.

🙄 The Feds Want A Piece Of The Action

A federal committee has proposed introducing royalties on US hardrock mining to enhance domestic production and support permit-issuing agencies. Aimed at boosting supplies of materials like lithium for the EV industry, pivotal to Biden's climate objectives, the Interagency Working Group suggested reforming the 1872 General Mining Law.

They recommend 4%-8% royalties and favor leasing federal lands for mining while increasing fees to encourage prompt claim development. This approach aligns the mining sector with industries like oil and gas. Improved funding would expedite permits and cover abandoned mine clean-up costs. The changes might enhance the industry's public image and address community reservations.

What a tone-deaf proposal to an industry already on its knees, being already stepped on by government bureaucracy.

📰 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.