Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and have a delicious barbecue to enjoy the day.

Here are the highlights:

😅 Rio to Invest $1.1b in Quebec

😎 New High-Grade Discovery

😋 Northern Superior 27m of 2.11 g/t Au

🙃 Collective Steps Out And Hits. Duh.

😅 Rio to Invest $1.1b in Quebec

Rio Tinto is rolling up sleeves and investing $1.1 billion to expand its low-carbon aluminum smelter in Quebec, Canada, enhancing capacity by 160,000 metric tonnes—enough to power 400,000 EVs. 

The Quebec government is contributing $113 million to this effort.

The expansion aligns with efforts to reduce greenhouse gas emissions and will deploy ELYSIS technology that replaces CO2 emissions with oxygen.

Construction will create 1,000 jobs, and the smelter is expected to be fully operational by end-2026.

We’d love for our local government to pick up 10% of our capex bill as well, thank you very much.

😎 New High-Grade Discovery

Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) just announced assay results from four recent diamond drill holes at the newly discovered "Horseshoe" Gold Zone on its 100% owned Bullseye property along the Appleton Fault Zone.

Highlights:

38.21 g/t Au over 2.80 m

4.65 g/t Au over 2.00 m

Assay results from 18 of the 30 drill holes have been received and publicly reported to date. The results from the 12 remaining drill holes are pending.

Don’t look now, but one of the holes is located 450 metres north of New Found Gold's recently reported high-grade intercepts. 👀

😋 Northern Superior 27m of 2.11 g/t Au

Northern Superior Resources Inc. (TSXV:SUP) (OTCQB:NSUPF) just reported assay results from the Arctic Fox Extension and the Corsac Fox Zone on the Philibert gold property, 60 kilometres southwest of Chibougamau, Quebec.

Highlights:

2.11 g/t Au over 27.0 metres from 127m

1.48 g/t Au over 16.0 metres from 299m

1.28 g/t Au over 22.4 metres from 335m

Current market cap: C$57m

The stock moved up a good 5% on the news on little volume.

🙃 Collective Steps Out And Hits. Duh.

Collective Mining Ltd. (TSXV: CNL) (OTCQX: CNLMF), the company that keeps on winning, has just published another juicy hit. With the intention of stepping out to the northeast at depth along the recently discovered high-grade Contact Zone in the Apollo system, more goodies were found at surface. 

Highlights:

145.0 metres @ 2.11 g/t gold equivalent from surface

329.75 metres @ 3.10 g/t gold equivalent from 232.95 metres downhole including;

56.60 metres @ 10.05 g/t gold equivalent from 277.65 metres downhole.

There’s more, but you should check out the original link up on this post because we’re running out of ink for these guys.

If they continue with this “from surface” trend, their strip ratio is going to be freaking negative. JK.

🤣 Meme 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.