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📝 Here are the highlights
🧐 Madsen Results
😉 Buese Drillings
🐦 Uranium's Unlikely Champion
📌 Commodity Prices
Source: TradingEconomics and Numerco.
🧐 Madsen Results
West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQB: WRLGF) reports drill results from its 100% owned Madsen Mine in the Red Lake Gold District of Northwestern Ontario, Canada.
Highlights:
4.48 metres of 49.39 grams per tone gold, including 2.5 metres of 76.51 grams per tone gold.
11.2 metres of 18.46 grams per tone gold, including 4 metres of 34.41 grams per tone gold, 0.5 metres of 10.21 grams per tone gold, and 1.5 metres of 32.13 grams per tone gold.
1.74 metres of 74.92 grams per tone gold.
The South Austin Zone currently holds an indicated resource of 474,600 ounces of gold. The company is also working on a pre-feasibility study for the mine's restart, expected in Q4 2024.
😉 Buese Drillings
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) reported drill results from its 2024 Phase 1 drill program at the Buese target within the Antino Gold Project in southeastern Suriname.
Highlights:
20 metres of 7.65 grams per tone gold within a broader zone of 78 metres of 2.35 grams per tone gold.
Additional results showed 16.5 metres of 1.64 grams per tone gold and 110 metres of 0.34 grams per tone gold.
The program validated the presence of both high-grade, shear-hosted, and bulk-tonnage mineralization styles. Buese remains a central focus for the company, with a 7,500m Phase 2 drill program now in progress to build on these results.
Way to go.
📰 In Other News
🐦 Uranium's Unlikely Champion
I watched @AmirAdnani work his ass off over the past decade in one of the worst markets for #uranium ever.
Instead of complaining or making excuses... he used the weak env to acquire assets at dirt cheap prices and hire the best talent in the industry.… x.com/i/web/status/1…
— Frank Curzio (@FrankCurzio)
6:47 PM • Sep 23, 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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