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- ⛏ Ontario Goes Nuclear
⛏ Ontario Goes Nuclear
PLUS: Rio Tinto’s Tech Boosts Copper Extraction
Greetings Contrarian,
Source: Trading Economics, Numerco.
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go fishing, why not?
Here are the highlights:
✍ 23m of 4.59 g/t Au
👏 Rio Tinto’s Tech Boosts Extraction At Regulus
🤓 Ontario Goes Nuclear
✍ 23m of 4.59 g/t Au
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) has announced that its inaugural drilling program at the Eldorado gold project in Malheur County, Eastern Oregon, has yielded notable gold assays from the first three drill holes.
Highlights:
140.2m of 1.3 g/t Au
Including 23.1m of 4.59 g/t Au
These are the only results obtained so far, with more drilling and assay operations still to come.
👏 Rio Tinto’s Tech Boosts Extraction At Regulus
Regulus Resources Inc. (TSX-V:REG) (OTCQX:RGLSF) announced positive extraction rates on mineralization from the AntaKori property, using Nuton™ technologies as part of a phase one sulphide leach program with Nuton LLC, a Rio Tinto venture.
Highlights:
Copper extraction rates up to 95% for samples from high sulphidation mineralization
Copper extraction rates up to 85% for samples from skarn-style mineralization
Copper extraction rates up to 75% for samples from breccia/porphyry style mineralization range
Mining tech that works these days is almost as rare as good news that gets a bid.
🤓 Ontario Goes Nuclear
The Ontario government is initiating pre-development work for the first large-scale nuclear power project in over three decades to meet rising electricity demand.
Bruce Power will begin community consultations and conduct an environmental assessment to evaluate the possibility of establishing up to 4,800 megawatts of new nuclear generation at its current site.
The decision follows recommendations from Ontario’s Independent Electricity System Operator (IESO) to plan for increased electricity demand beyond the 2020s.
This new nuclear generation will help power the province's economy, support thousands of jobs, and contribute to reducing emissions.
The plan also includes consultations with Indigenous communities and extensive public input.
Nuclear is cool again.
📰 In Other News:
🧐 Visual Of The Day
🇨🇦 Largest miners in the Golden Triangle by market cap
— MinerDeck (@MinerDeck)
1:53 PM • Jul 5, 2023
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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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