⛏ 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

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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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