⛏ High-Grade Uranium

PLUS: McLymont Gold

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 watch TV. πŸ“Ί

πŸ“ Here are the highlights

😎 High-Grade Uranium

πŸ‘ McLymont Gold

🐦 Bessent Bullish On Gold

πŸ“Œ Daily Commodity Prices

Source: TradingEconomics and Numerco.

😎 High-Grade Uranium

Forum Energy Metals Corp. (TSXV: FMC), a sponsoring partner of TNBR, reported results from its recent drill program at the Aberdeen Uranium Project in Nunavut, Canada.

Highlights:

  • 2.4 metres of 1.15% Uranium from 169.1 to 171.5 metres, including, 0.3 metres of 3.33% Uranium (169.7–170.0 metres) and, 0.5 metres of 2.77% Uranium (170.4–170.9 metres).

  • 7.6 metres of 1.31% Uranium from 164.0 to 171.6 metres, with notable grades up to 8.15% Uranium over 0.2 metres.

  • 35.3 metres of 0.11% Uranium from 144.2 to 179.5 metres, including, 1.6 metres of 0.68% Uranium (170.9 to 172.5 metres).

Drilling at Tatiggaq has pushed the mineralised strike from 200 metres to over 310 metres, hinting at thicker, high-grade zones in Tatiggaq Main. Results from eight additional holes targeting parallel structures and regional areas are still pending.

Nice job, team!

πŸ‘ McLymont Gold

Enduro Metals Corp. (TSXV: ENDR) has released results from its 2024 drilling at the Newmont Lake property, targeting the NW Zone of the McLymont Fault, in British Columbia, Canada.

Highlights:

  • 12.45 metres of 10.01 grams per tonne gold, 12.12 grams per tonne silver, and 0.37% copper, starting at 44.00 metres, within a broader interval of 24.70 metres of 5.17 grams per tonne gold, 6.34 grams per tonne silver, and 0.20% copper, starting at 44.00 metres.

The company states that the data indicates past drilling may have overlooked key gold-bearing structures due to their northwest dip, opening up new opportunities for exploration. The price is up 2.9% and the volume has tripled as we type.

πŸ“° In Other News

🐦 Bessent Bullish On Gold

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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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