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- ⛏ Perron Bonanza
👷♀️ Greetings Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and Make America Great Again. 👏
📝 Here are the highlights
😍 Perron Bonanza
🧐 American Strikes
🐦 Trump's Nuclear Agenda
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
😍 Perron Bonanza
Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) reported high-grade gold intercepts drill results, on the company's flagship Perron Project in the northwestern Abitibi region of Quebec.
Highlight:
1.8 metres of 134.36 grams per tonne gold, including 0.5 metres of 480.73 grams at 435 metres.
9.6 metres of 5.06 grams per tonne gold, including 0.5 metres of 69.62 grams at 1,075 metres.
1.3 metres of 24.62 grams per tonne gold at about 590 metres and 6.1 metres of 3.35 grams at 649 metres.
The company says the newly discovered JT Zone has shown 450 metres of strike length and remains open for expansion.
These results, yet to be included in the current resource estimate, reveal the potential for growth at Perron.
🧐 American Strikes
American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) reported assay results from its Palmer Copper-Zinc VMS Project in Southeast Alaska.
Highlights:
18.0 metres of 1.5% copper, 5.4% zinc, 0.40 grams per tonne gold, and 59.1 grams per tonne silver (4.4% copper equivalent), including a 6.6-metre section of 3.6% copper, 7.7% zinc, 0.56 grams per tonne gold, and 65.4 grams per tonne silver (7.4% copper equivalent).
7.2 metres of 0.3% copper, 3.0% zinc, 0.20 grams per tonne gold, and 32.7 grams per tonne silver (1.8% copper equivalent), with a 2.1-metre segment of 2.8% copper, 13.2% zinc, 0.27 grams per tonne gold, and 67.9 grams per tonne silver (8.8% copper equivalent).
According to the team, Zone 2-3 mineralisation continues to show strong continuity, with the footprint expanding westward and downdip.
Ongoing analysis will support an upcoming resource estimate update.
📰 In Other News
🐦 Trump's Nuclear Agenda
My views on what Trump's victory means for energy, especially nuclear:
PERMITTING:
Generally, it should get easier to build anything, especially in red states, with some exceptions noted below. This will benefit most energy projects.
NUCLEAR:
Trump loves nuclear, but has… x.com/i/web/status/1…
— Mark Nelson (@energybants)
9:37 AM • Nov 6, 2024
How Are We Doing?Today's mining news was: |
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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