⛏ Scorpio Discovery

PLUS: Pistachio Results

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 chop wood. πŸͺ“

πŸ“ Here are the highlights

🧐 Scorpio Discovery

πŸ‘ Pistachio Results

🐦 Uranium Production Crisis

πŸ“Œ Daily Commodity Prices

Source: TradingEconomics and Numerco.

🧐 Scorpio Discovery

Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) announced positive results from its 2024 drilling campaign at the Manhattan District, Nevada, USA.

Highlights:

  • 9.4 metres of 6.08 grams per tonne gold; including 3.4 metres of 15.62 grams per tonne gold, and 1.0 metre of 63.70 grams per tonne gold.

  • 1.5 metres of 5.50 grams per tonne gold, and 2.2 metres of 5.33 grams per tonne gold.

The company says the results confirm high-grade mineralisation along the Reliance Fault, with the potential to link the Goldwedge Underground and Echo Bay Pits over a 1.8 km strike length.

Pending assays from Phase 1 and 2 drilling are expected to support this continuity further, as they progress toward its maiden mineral resource estimate for the Manhattan District.

Stay tuned for more.

πŸ‘ Pistachio Results

New Found Gold Corp.  (TSX-V: NFG, NYSE-A: NFGC) has reported results from its drilling program at Pistachio Zone, in the Kingsway Project in Newfoundland and Labrador, Canada.

Highlights:

  • 2.10 metres of 105 grams per tonne gold, including 0.75 metres of 290.73 grams per tonne gold.

  • 4.45 metres of 10.36 grams per tonne gold, including 0.85 metres of 35.17 grams per tonne gold.

  • 2.00 metres of 36.74 grams per tonne gold, including 1.00 metres of 73.31 grams per tonne gold.

The ongoing exploration program is focused on identifying additional high-grade targets throughout the Kingsway Project, which offers a promising 13.5 kilometres of underexplored strike along the Appleton Fault Zone.

πŸ“° In Other News

🐦 Uranium Production Crisis

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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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