⛏ Lithium Scandal Rocks Portugal

PLUS: High-Grade Gold in Egypt

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 play in the snow.

Here are the highlights:

🤐 Lithium Scandal Rocks Portugal

🤩 High-Grade Gold in Egypt

🤣 Meme Of The Day

🤐 Lithium Scandal Rocks Portugal

The outgoing Prime Minister of Portugal, António Costa, has resigned. Costa is under investigation concerning the concessions for lithium mining in the Romano (Montalegre) and Barroso (Boticas) mines, and a project for an energy production plant using hydrogen in Sines.

Potential crimes under investigation include malfeasance, active and passive corruption by a political office holder, and influence peddling.

In related news, the lithium mine in Covas do Barroso does not convince the local population, and there is ongoing discussion about the future of lithium, referred to as “white petroleum” in the European Union.

We wanted the man gone, but not like this - tarnishing an already fragile industry. Clean up time!

🤩 High-Grade Gold in Egypt

Aton Resources Inc. (TSXV:AAN) provides an update on the recent reverse circulation percussion drilling at the Semna prospect, located within its 100% owned Abu Marawat Concession, in the Eastern Desert of Egypt.

Highlights:

  • 16m of 12.54 g/t Au

  • 16m of 5.19 g/t Au

  • 16m of 6.30 g/t Au

The drilling program has doubled the strike length of mineralization on the Semna Main Vein zone and confirmed the presence of high-grade mineralization to the east, buried beneath alluvial wadi sediments.

3 high-grade intervals of 16m each? What sorcery is this?

📰 In Other News:

🤣 Meme Of The Day

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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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