Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and wonder if we have enough gold and silver exposure. Spoiler: no.

Here are the highlights:

NGEx Minerals Hits Home Run In Argentina

Gold And Silver Break Out

Cameco Signs Big Renewal

🔥 NGEx Minerals Hits Home Run In Argentina

NGEx Minerals Ltd. (TSXV: NGEX) just reported the discovery of a new zone of high-grade copper, gold and silver mineralization at the 100% owned Potro Cliffs project located in San Juan Province, Argentina.

These results are interpreted to be the first intercepts into the edges of a major new copper-gold system located midway between the Company's Los Helados Cu-Au Porphyry deposit, located 9km to the north and Filo Mining's Au-Cu-Ag epithermal/porphyry deposit, located 7km to the south. (hint hint, nudge nudge)

Highlights:

60.0m at 7.52% CuEq from 212.0m

• Including 10.0m at 18.00% CuEq and 6.0m at 14.00% CuEq

10.0m at 7.08% CuEq from 574.0m

Needless to say this is orders of magnitude what we would expect of a copper hit. The stock moved over 24% higher on the news. We unfortunately hold no position, but wish we did.

🚀 Gold And Silver Break Out

Like twin sisters holding hands and riding into the sunset, gold and silver have (finally) broken out from recent highs.

Spot gold reached $2022.12 and silver went as high as $25.02. Your guess is as good as anyone’s as to why the precious metals broke out today and not yesterday because frankly, we’ve been living in this debt-ridden, bank-collapsing fiat money system for a while and we never know what ultimately breaks the camel’s back.

But we’re glad regardless.

☢️ Cameco Signs Big Renewal

Canadian energy companies Cameco (NYSE: CCJ) (TSX: CCO) and Bruce Power have extended their exclusive nuclear fuel supply arrangements for another decade, until 2040. (The previous arrangement lasted until 2030).

The deal, worth CAD2.8bn ($2.2bn), sees Cameco supply 100% of Bruce Power’s uranium, conversion services and fuel fabrication requirements (hello Westinghouse deal).

The companies employ 8,400 workers in Canada, and say the partnership helps build a path to net-zero emissions.

“As we witness increasing global geopolitical uncertainty and the subsequent instability in the global energy market, this extension shows the importance of securing Canada’s energy needs through Canadian partnerships,” said Tim Gitzel, CEO of Cameco.

We're with you, Timmy Boy.

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.