Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and exaggerate on the maple syrup.

Here are the highlights:

🤩 Guyana Gushing With Gold

👏 Filo Mining Gets C$130m Cheque

👌 Leading Edge Hits 30% Nickel And 4.7% Cobalt

🤩 Guyana Gushing With Gold

Reunion Gold Corporation (TSXV: RGD; OTCQX: RGDFF) announced additional results from its resource definition drill program at Oko West that will form part of the upcoming mineral resource estimation.

Highlights:

120.7 M @ 3.13 g/t Au

52.7 m @ 4.55 g/t Au

114.5 m @ 2.02 g/t Au

There’s lots of gold in them hills.

👏 Filo Mining Gets C$130m Cheque

Filo Mining Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) tried to raise C$100m and actually got C$130m instead, such is the massive hunger for Tier 1 discoveries in half-decent jurisdictions (in mining, this doesn’t mean much).

The raise is being done at C$21.10 and The Lundin Family is taking a big chunk of it (capitalized because they’re that good) 100% owned Filo del Sol copper-gold-silver deposit located in San Juan Province, Argentina and adjacent Region III, Chile.

The company is currently trading at C$2.8b.

This is what happens when you get multiple 1km+ hits of copper, kids.

👌 Leading Edge Hits 30% Nickel And 4.7% Cobalt

Leading Edge Materials Corp. (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) a client company and sponsor of this most wonderful newsletter, has received positive assay results from initial exploration trenches completed to assess potential of mineralization extension from the known galleries, and from initial samples taken from Galleries 4 and 7 of its Bihor Sud project in Romania.

This is a previous mine that was “depleted” (at the time) of its uranium in the Soviet era, and the nickel and cobalt mineralization, now visible on the gallery walls of the former mine, were a massive sign something juicy was there.

Highlights:

Gallery 7-

30% nickel

4.7% Cobalt

The company can now engage in its underground channel sampling program and follow-on underground drilling program.

Critical minerals in Europe. That’s all we’re going to say for now.

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.