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β Golden Horseshoe
PLUS: Drill, Thrill, Expand
π·ββοΈ Greetings Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and refuel our car. β½π
π Here are the highlights
π§ Golden Horseshoe
π Drill, Thrill, Expand
π¦ China's Nuclear Boom
π Daily Commodity Prices
Source: TradingEconomics and Numerco.
π§ Golden Horseshoe
Omega Pacific Resources Inc. (CSE: OMGA) (OTCQB: OMGPF) (FSE: Q0F) reported final drill results from its 2024 drill program at the Williams Property in British Columbia's Golden Horseshoe, Canada.
Highlights:
37.01 metres of 1.48 g/t gold, including 11.25 metres of 2.99 g/t gold, with a peak of 1.09 metres of 9.67 g/t gold.
Multiple gold zones were identified, including 27 metres of 0.68 g/t gold and 8.96 metres of 1.56 g/t gold.
The company plans to analyse results to guide its Phase 2 exploration strategy, set to commence in early 2025.
More good news to come?
π Drill, Thrill, Expand
Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) reported drill results from its Wenot deposit in Guyana.
Highlights:
68.7 metres of 3.16 g/t Au, including 29.9 metres of 6.65 g/t Au.
45.5 metres of 4.57 g/t Au, including 1.5 metres of 77.71 g/t Au.
Omai will keep rolling through Q1 2025, with a fresh Mineral Resource Estimate on the horizon and an updated economic study expected by Q2 2025.
Weβll follow up.
π° In Other News
π¦ China's Nuclear Boom
OMG!π² #China approved a record 11 new #Nuclear reactor builds in 2024π1οΈβ£1οΈβ£βοΈποΈβ π¨π³ and may realistically approve 100 more in the coming decadeπ€― to nearly 4X to 200GW by 2035, then 2X again to 400GW by 2060β« as worldβs biggest user!β’οΈπ² #Uraniumπ€ πππββοΈ bloomberg.com/news/articles/β¦
β John Quakes (@quakes99)
6:37 AM β’ Dec 4, 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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