Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and celebrate another Friday! Cheers! 🍻

Here are the highlights:

🥳 Lithium Paydirt Detected

🥶 Gratomic Switches On Graphite Mine

🤬 Kinross Tells Endeavour To Take A Hike

🥳 Lithium Paydirt Detected

AVZ Minerals Limited(ASX: AVZ, OTC: AZZVF), an Australian mineral exploration company, has made a significant lithium discovery in the DRC, Africa on their Manono Lithium and Tin Project. 

Check. These. Out.

Highlights:

342 m of 1.86% Lithium Oxide from 208 m

378 m of 1.74% Lithium Oxide from 64 m

460 m of 1.48% Lithium Oxide from 100 m

(trust us, there are many more.)

Translation: unbelievable paydirt.

🥶 Gratomic Switches On Graphite Mine

Gratomic Inc. (TSXV:GRAT)(OTCQX:CBULF)(FSE:CB82) has begun commercial commissioning at its Aukam Graphite mine in Namibia, a significant milestone in its operations. 

The focus at Aukam has been on developing vein graphite for large-scale anode applications.

Over the next four to six months, Gratomic will calibrate the Aukam Processing Plant to meet precise end-user specifications.

The company also plans to install a solar power station to optimize costs and reduce its environmental footprint.

The company aims to achieve success without relying on debt or royalty instruments and is working on completing a Feasibility Study for the Aukam Processing Plant.

No mineral resources or reserves demonstrating economic viability have been determined at the Aukam property.

We wish them all the best, as we break into a cold sweat every time we hear “production, but no FS”.

🤬 Kinross Tells Endeavour To Take A Hike

In a thrilling turn of events in this M&A soap opera that is 2023, Endeavour Mining Plc (LSE:EDV) (TSX:EDV) (OTCQX:EDVMF) thought it could sweep Kinross Gold Corp. (TSX: K)(NYSE: KGC) off its feet with a takeover offer. 

The acquisitive gold miner, backed by Egyptian billionaire Naguib Sawiris, even considered a cash and stock deal.

But alas, Kinross was having none of it.

The talks fizzled out faster than a cheap sparkler on New Year's Eve, thanks to differences over valuation and other pesky matters.

Both companies stand at an approximate valuation of 7.5b CAD.

It’s like all miners are in the cheap bin at the charity store.

🤣 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.