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- ⛏ Half A Kilometer Of Gold
⛏ Half A Kilometer Of Gold
PLUS: Revival Pre-feas
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 enjoy a picnic in the park.
Here are the highlights:
🥳 Half A Kilometer Of Gold
🤔 Revival Files Pre-feasibility Study
🐦 Tweet Of The Day
🥳 Half A Kilometer Of Gold
SNOWLINE GOLD CORP. (TSX-V:SGD)(OTCQB:SNWGF) announced today additional analytical results from its ongoing drill program at the Valley target on its Rogue Project in Canada's Yukon Territory.
Highlights:
553.8 m of 2.48 g/t Au from surface
383.8 m of 2.47 g/t Au from surface
Snowline keeps delivering.
So much gold in them hills.
🤔 Revival Files Pre-feasibility Study
Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) has filed a Pre-feasibility Study on the Beartrack-Arnett Heap Leach Project.
Highlights:
Average gold production of 65,300 ounces of gold per year
After-tax NPV5 of $105 million and after-tax at $1,800 per ounce gold
IRR of 24.3%
Capex of $109m
We’re not crazy about the Capex, but at around $50m market cap it doesn’t seem too much.
📰 In Other News:
🐦 Tweet Of The Day
Really like this Lassonde curve from @WhiteNoiseComms
Useful addition with investor type through cycle.
Note: A bit optimistic on timeline.
— Equivest ⚒️💎 (@equivestinvest)
12:48 PM • Aug 3, 2023
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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.
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