Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go for a run in the park.

Here are the highlights:

🥳 The New Athabasca Basin

🤩 Lithium Hit

👏 1.4 Billion Tonnes of CuEq

🥳 The New Athabasca Basin

A new sponsor of this wonderful newsletter, Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF), has announced assay results from its 2023 summer drill program on the Thelon Basin uranium project near the Hamlet of Baker Lake, Nunavut.

Highlights:

• 11.1 m of 2.25% U3O8 from 148.5m

Including:

• 1.35% U₃O₈ over 1.7 m

• 3.32% U₃O₈ over 3.1 m

• 7.27% U₃O₈ over 1.5 m

The Thelon Basin is similar to the Athabasca Basin in Saskatchewan. Orano's uranium deposits (holding up to 133 million pounds U3O8) are along the same controlling structures as Forum's Tatiggaq deposit and over 20 other targets are present within the project, which could host additional uranium deposits similar to the Athabasca Basin. We. Are. Pumped!

When we first featured Forum, the stock was .08c. Today, it’s .14 and looking like it’s going higher.

We told you so!

🤩 Lithium Hit

Surge Battery Metals Inc. (TSXV: NILI) (OTCQB: NILIF) (FSE: DJ5) has announced significant developments in their Nevada North Lithium Project (NNLP).

Highlights:

• 1,000 ppm to 8,070 ppm Li

• Composite thickness of clay horizons 42.7m

• Highest grade zone from 8.39m to 32.8m: 4,939 ppm Li

These are the company’s highest grade lithium assays to date ate, and the stock is up more than 10% on the news.

👏 1.4 Billion Tonnes of CuEq

ATEX Resources Inc. (TSXV: ATX) announces a significant increase in the Mineral Resource estimate for the Valeriano Project in Atacama Region, Chile. The deposit now contains an Inferred Mineral Resource reported at a cut-off grade above 0.4% Cu.

Highlights:

Inferred Mineral Resource: 1.41 billion tonnes of

• CuEq (Copper Equivalent): 0.67%

  Containing:

  • Cu (Copper): 0.50%

  • Au (Gold): 0.20 g/t

  • Ag (Silver): 0.91 g/t

  • Mo (Molybdenum): 64 g/t

ATEX's interest in Valeriano Project is 49%. ATEX can earn a 100% interest in the Valeriano Project by paying a further US$8.0 million (half of which may be satisfied through the issuance of common shares of ATEX, at SCM Valleno's discretion) and by incurring an additional US$5.0 million of exploration expenditures on the Project by September 2025.

📰 In Other News:

🐦 Tweet 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.