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β High-Grade Uranium
PLUS: McLymont 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 watch TV. πΊ
π Here are the highlights
π High-Grade Uranium
π McLymont Gold
π¦ Bessent Bullish On Gold
π Daily Commodity Prices
Source: TradingEconomics and Numerco.
π 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 (169.7β170.0 metres) and, 0.5 metres of 2.77% Uranium (170.4β170.9 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!
π 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.
π° In Other News
π¦ Bessent Bullish On Gold
Trump Treasury Secretary pick Scott Bessent spoke on "Capital Allocators" podcast the day before the US electionπΊπΈ. During this interview he stated the following:
"I think we're in a long-term bull market in Gold. We're seeing reserve accumulation by Central Banks. I follow itβ¦ x.com/i/web/status/1β¦
β CEO Technician (@CEOTechnician)
9:07 PM β’ Nov 25, 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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