⛏ Phillips Gold

PLUS: Canalask Findings

πŸ‘·β€β™€οΈ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and prepare for the most important day of the year. 🀠🎈

πŸ“ Here are the highlights

😍 Phillips Gold

🧐 Canalask Findings

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Source: TradingEconomics and Numerco.

😍 Phillips Gold

Golden Rapture Mining (CSE: GLDR) announced high-grade, near-surface drill results from its Phillips Township Gold Property in Ontario’s Rainy River District, Canada.

Highlights:

  • 2.55 metres of 114.96 grams per tonne gold, including 0.50 metres at 285.00 grams per tonne.

  • 1.50 metres of 111.16 grams per tonne gold, including 0.50 metres at 252.00 grams per tonne.

  • 4.40 metres of 11.74 grams per tonne gold, with peaks of 59.99 grams per tonne.

The company is also evaluating Young's Bay Occurrence, another promising section on the property with visible gold across six quartz veins.

Surface sampling here yielded values up to 163.33 grams per tonne of gold.

Keep it up!

🧐 Canalask Findings

GT Resources Inc. (TSXV: GT) reported drill results from its 2024 campaign at the Canalask Nickel-Copper Project in Yukon, Canada.

Highlights:

  • 33.5 metres of 1.95% nickel, 0.05% copper, 0.03% cobalt, 0.19 grams per tonne gold, and 0.44 grams per tonne palladium.

  • 5.5 metres of 4.15% nickel, 0.04% copper, 0.07% cobalt, 0.24 grams per tonne gold, and 0.85 grams per tonne palladium.

  • 0.2 metres of 12.90% nickel, 0.12% copper, 0.23% cobalt, and 0.81 grams per tonne gold.

In its first drilling campaign at the Canalask Nickel-Copper Project, GT Resources focused on historic Footwall mineralisation and an Electromagnetic (EM) conductor.

Despite challenges with the EM drilling, the company suggests that the Footwall Zone indicates a larger nickel-copper sulphide system nearby.

Let’s wait and see for more results.

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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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