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β Summit Breakthrough
PLUS: Cartier High-Grade Gold
π·ββοΈ Greetings Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and rewatch our old family tapes. πΌπΊ
π Here are the highlights
π Summit Breakthrough
π Cartier High-Grade Gold
π¦ Amazon Goes Nuclear
π Daily Commodity Prices
Source: TradingEconomics and Numerco.
π Summit Breakthrough
Sun Summit Minerals (TSX-V: SMN, OTCQX: SMREF) announced drill results from its fifth hole at the Creek Zone, JD Project in the Toodoggone District, B.C, Canada.
Highlights:
57.95 metres of 2.69 grams per tonne gold, including 19.50 metres of 7.31 grams per tonne gold, with high-grade veins like 362 grams per tonne gold over 0.25 metres.
64.16 metres of 0.69 grams per tonne gold from 46.84 metres including 10.16 metres of 1.93 grams per tonne gold.
The 362 grams per tonne interval also contains 121 grams per tonne silver, 2.23% copper, and 18.15% zinc, indicating potential for high-grade polymetallic mineralisation.
The gold mineralisation remains open in most directions, with additional assay results and survey data pending.
Nice job!
π Cartier High-Grade Gold
Cartier Resources Inc. (TSXV: ECR, FSE: 6CA) reported high-grade gold drill results from its exploration on the East Cadillac property, located 45 km east of Val-d'Or, Quebec, Canada.
Highlights:
14.7 grams per tonne gold over 4.3 metres, within a broader interval of 5.2 grams per tonne gold over 20.6 metres.
6.3 grams per tonne gold over 4.0 metres, within 3.0 grams per tonne gold over 15.0 metres.
5.7 grams per tonne gold over 4.0 metres, including 15.0 grams per tonne gold over 1.0 metre.
This new gold-bearing system at the North Contact Sector remains open in most directions, with ongoing exploration using two drill rigs along the Larder Lake-Cadillac Fault Zone.
The market likes it as the price is a nice 6.3% and the volume is going up as we type.
π° In Other News
π¦ Amazon Goes Nuclear
Big news today!
@amazon signs agreements for innovative #nuclear energy projects to address growing energy demands
@xenergynuclear#uranium
β Art Hyde (@JekyllCapital)
12:45 PM β’ Oct 16, 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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