⛏ More Gold In Brazil

PLUS: Big Hit, Little Hit

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 have dinner as a family.

Here are the highlights:

😋 More Gold In Brazil

🤠 Big Hit, Little Hit

🐦 Tweet Of The Day

😋 More Gold In Brazil

Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) announces drill results from an initial nine RC holes testing the near-surface oxide material at the Machichie gold discovery, Cuiú Cuiú gold district in northern Brazil.

Highlights:

  • 23m of 1.1 g/t gold from surface

  • 23m of 0.5 g/t gold from surface

Management believes that a significant zone of near surface gold-in-oxide mineralization overlies the Machichie gold discovery, located just 500m northwest of the MG gold deposit. We’re watching.

🤠 Big Hit, Little Hit

Labrador Gold Corp. (TSX.V: LAB | OTCQX: NKOSF | FNR: 2N6) just published results from recent drilling targeting the highly prospective Appleton Fault Zone at its 100% owned Kingsway Project, Newfoundland, Canada.

Highlights:

  • 55.9m of 0.87g/t Au 

  • 0.8m of 38.37g/t Au

Not bad for a first hole in this zone, but all the goodies are in that 0.8m. The drilling is part of the Company’s ongoing 100,000 metre diamond drilling program, so there should be a lot more coming soon.

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🐦 Tweet Of The Day

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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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