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β Goldshore Ups Gold Ounces
PLUS: Global Signs Uranium Contract
Greetings Contrarian,
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This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and wonder if sell in May and go away is good advice.
Here are the highlights:
π€πΌ Global Signs Uranium Contract
βοΈ Goldshore Ups Gold Ounces
β Bravo Keeps Hitting
π€πΌ Global Signs Uranium Contract
The multi-year delivery window begins in 2025, and the agreement represents about 7% of Dasa's annual production over the period, with a revenue potential valued in excess of US$110 million in real terms.
The company had previously formalized a similar agreement with another major North American utility in January 2023, representing the supply of 2.4 million pounds U3O8 over a six-year period, which represents a revenue potential of US$140 million in real terms.
These two agreements combined represent revenue potential of over US$250 million.
Weβre long and biased. Congrats, Mr. Roman - itβs been a tough year.
βοΈ Goldshore Ups Gold Ounces
Highlights:
107.7 million tonnes grading 1.07 grams per tonne gold, containing approximately 3.7 million ounces of gold.
The company plans to continue advancing the Moss Lake Gold Project, with the aim of increasing its mineral resource estimate and progressing towards a feasibility study.
β Bravo Keeps Hitting
Highlights:
146.8 meters at 2.05 grams per tonne PGM+Au, including 50.0 meters at 4.18 grams per tonne PGM+Au from trenching,
and
110.0 meters at 2.23 grams per tonne PGM+Au, including 35.0 meters at 3.51 grams per tonne PGM+Au and 0.16% Ni from previously unsampled large diameter ("ZW") historical metallurgical drill holes.
The company plans to conduct an expanded trenching program to further explore the potential of the Luanga project.
We would too.
Insider Buys
Dear Aftermath management: we see you.
π¨π¦ Weekly insider buying highlights
β MinerDeck (@MinerDeck)
1:47 PM β’ May 8, 2023
Happy Speculating!
The Editor
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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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