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- ⛏ Kay2 Discovery
⛏ Kay2 Discovery
PLUS: Alaska High-Grades
👷♀️ Greetings Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and paint a beautiful picture. 🎨
📝 Here are the highlights
🤩 Kay2 Discovery
💪 Alaska High-Grades
🐦 Investing in Nuclear
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
🤩 Kay2 Discovery
Arizona Metals Corp. (TSX: AMC, OTCQX: AZMCF) reports new discovery at its Kay Mine Project in Arizona, in the USA.
Highlights:
50.0 metres of 6.7 grams per tonne gold equivalent, including 6.9 metres of 12.69 grams per tonne gold equivalent.
1.5 metres of 4.16 grams per tonne gold equivalent.
5.5 metres of 1.65 grams per tonne gold equivalent.
Arizona Metals continues drilling to define the new Kay2 Zone, with intercepts pending. The company has completed 122,000 metres at Kay Mine and holds $20.6 million in cash as of mid-2024.
We’ll be waiting for more follow-up results.
💪 Alaska High-Grades
American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) has announced results from the first seven holes of its 2024 drill program at the Palmer Copper-Zinc VMS Project in Southeast Alaska.
Highlights:
10.4 metres of 1.17% copper, 12.17% zinc, 1.01 grams per tonne gold, and 101.49 grams per tonne silver (7.3% copper equivalent).
3.5 metres of 0.1% copper, 1.7% zinc, 0.6% lead, 0.86 grams per tonne gold, and 92.4 grams per tonne silver (1.9% copper equivalent).
2.9 metres of 3.5% copper, 0.68% zinc, and 0.3 grams per tonne silver (3.8% copper equivalent).
The CAD $17.5 million drill program at the Palmer Copper-Zinc VMS Project targets high-grade copper-zinc mineralization over 6,035.9 metres across 19 holes, showing continuity and exploration potential ahead of a resource estimate update.
📰 In Other News
🐦 Investing in Nuclear
Big capital flows are coming to the nuclear sector ⤵️
"Some of the world’s biggest managers of private capital are making moves to finance and invest in nuclear power plants, latching onto a revival in the sector driven in part by tech giants’ electricity-intensive AI ambitions"
— Yellowbull (@Yellowbull11)
8:13 AM • Oct 31, 2024
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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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