⛏ PMET’s Last Lithium Hole

PLUS: Independence Discovers New Vein System

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 do the hula hoops.

Here are the highlights:

👏 Battery Plant PEA Hit

🤩 PMET’s Last Hole

🥳 Independence Discovers New Vein System

👏🏻 Battery Plant PEA Hit

NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, has just published results for a PEA on its Silicon Anode Commercial Plant in South Korea.

Highlights:

NPV8 Post-Tax: US$ 316m

IRR: 33%

Capex: U$ 80.6m

One to watch, ladies and gents.

🤩 PMET’s Last Lithium Hole

Patriot Battery Metals Inc. (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) announced core assays for the final set of drill holes completed as part of the 2023 winter drill program at its wholly owned Corvette Property in James Bay region of Quebec.

Highlights:

108.0 m at 2.44% Li2O from 195.5 m

115.3 m at 1.81% Li2O from 175.0 m

The Company is planning to announce its initial mineral resource estimate at CV5, including the recently completed winter drill program.

👏Independence Discovers New Vein System

Independence just reported assay results from the Ian Vein discovered during the Company's recent 4,000 metre drill program at its 100% owned 3Ts Project, British Columbia.

Highlights:

6.98m of 6.10 g/t Au and 66 g/t Ag

The Ian Vein is located approximately 240m west of the Tommy Vein system and was previously explored by a single drill hole in 1995. The system remains open at depth.

📰 In Other News:

🤣 Meme Of The Day

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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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