Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together on hump day for news that are out of this world.

Here are the extra-terrestrial points:

👽 Swiss Launch Physical Uranium Vehicle

👽 Canadian Tax Boost For Nuclear

👽 Aussie Junior Finds 176m Gold/Silver

👽 Argentina-Based Junior Hits Silver Again

👑 Swiss Launch Physical Uranium Vehicle

Zuri-Invest AG, an asset management firm based in Zurich, Switzerland, are promoting their Uranium Actively Managed Certificate product that provides investment exposure to physical Uranium.

The product invests in physical natural uranium concentrates in the form of U308 (aka yellowcake) and is managed by Zuri-Invest AG with Curzon Uranium Ltd. as the Product Strategy Advisor.

The physical uranium will be stored in a government-regulated storage facility in Canada, managed by Cameco.

The vehicle will hold cash and purchase lots of 100,000 lbs. of U3O8 in the spot market.

Differently from $SPUT (Sprott Physical Uranium Trust), it may bring more volatility to the spot market, since exiting investors may trigger a sale of yellowcake if there’s not enough liquidity in the secondary market.

Subscriptions are currently open.

Not bearish.

💪🏼 Canadian Tax Boost For Nuclear

The Canadian government has finally shown strong support for nuclear power as an essential component of clean energy strategy and security through the announcement of Federal Budget 2023.

The budget includes various tax incentives for nuclear power, such as a 15% refundable Investment Tax Credit (ITC) for Clean Electricity that can be applied to all sizes of nuclear power, including the ever-sexier small modular reactors, large builds, and refurbishment projects (hello Pickering).

In addition, nuclear power is now eligible for a range of other tax incentives to enable it to compete fairly with other non-emitting sources of power.

Hurray!

👷🏼 Sunstone Finds 176m Of Gold / Silver

Sunstone Metals (ASX:STM) an exploration company with assets in Ecuador , has discovered a new gold/silver system from surface outside the current Mineral Resource estimate.

Highlight:

176.7m at 1.1g/t AuEq (0.97g/t gold and 10.1g/t silver) from 6.8m ,

including 15.0m at 4.0g/t AuEq (3.9g/t gold, 7.7g/t silver)

The Brama-Alba initial Mineral Resource estimate is 156Mt at 0.53g/t AuEq1 for 2.7Moz gold-equivalent.

🦫 Abra Hits Again

It’s groundhog day at AbraSilver as they keep on bringing the heat at the Diablillos property in Salta Province, Argentina.

High-grade, shallow silver oxide mineralization continues to be intersected at the JAC zone, as well as high-grade silver associated with copper in the underlying oxide/sulphide transition zone.

Highlights:

233 g/t Ag over 45.5 starting at a downhole depth of 132 metres

2,320 g/t Ag over 4.0 metres starting at a downhole depth of 115 metres

Are we impressed? Maybe.

Surprised? Not at all.

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.