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Greetings Contrarian,
This is The Next Big Rush, a daily newsletter to keep you informed about the world of mining/energy investing. Where we come together and drown in drill results. 🪨
Here's what's in the core shack today:
🕳 Uranium Company Kicks Off Important Permitting 🕳 189m Copper At 2% 🕳 Today's Best Hits 🕳 Fission 3.0 Deeper Dive
🏃🏻 Strathmore Plus Uranium Starts Permitting Process
Strathmore Plus Uranium (TSXV: SUU) (OTC Pink: SUUFF) ( has begun the process of obtaining permits for their Night Owl uranium project in Wyoming. The goal of this permitting is to move the project forward towards eventually producing. The company has started soliciting agencies, subcontractors, and personnel to complete baseline studies for the Night Owl Mine Project.
You may wonder if this is jumping the gun as this Marketing client of ours seems to be skipping a development stage since there’s no defined resource at Night Owl yet. Fear not, because of the time it takes mining projects to be developed and the status of the project (known former mine), the company is taking an approach to start many fronts in one go.
Geo John DeJoia said "I envision this type of project lending itself towards a heap leaching recovery style operation". As we say so often in the industry- "Grade is King". I anticipate a rewarding exploration program and a straightforward permitting process with an uninterrupted schedule".
The Company is preparing a permit application to explore and drill at Night Owl this summer. The geophysical survey is slated for completion at Night Owl this spring, including the recently acquired State of Wyoming mineral lease lands.
The market loves it, and by the way, the price has appreciated about 90% since we first mentioned it. Not bad for 3 months.
(Yes, we brag).
🕶 Arizona Sonoran With Great Copper Hit
While we’re still scratching our heads as to why anyone would report an intersect in feet instead of meters, we think that (grabs the Google) 189.3m of copper intersect is worth reporting, albeit infill and not stepping out into unexplored areas by Arizona Sonoran (TSX:ASCU | OTCQX:ASCUF).This will help to upgrade the resource from the inferred category to the indicated category, so we like it. The campaign is 60% done at Parks/Salyer about 2 km southwest of the Company’s Cactus Mine Project. This is a snippet of it since 12 holes are still at the lab or assays.
The company’s share price is forming a beautiful cup, but since we see no handle we're going to call it a delicious soup bowl.
Well done, guys.
🎯 Results Galore: Pick Yours
Also, today is apparently the day every junior on Earth decided to report assays, so here’s a short list of a few interesting ones that made the cut. We went through them and eeny, meeny, miny, moe rigorously picked the best headlines.
Have fun:
Aurion Intersects Significant Gold Mineralization at Wholly Owned Risti Property; Multiple Zones, Including 17.12 g/t Gold Over 5.90 m
Cassiar Gold Expands Mineralization at the Taurus Deposit Near-Surface and at Depth Intersecting 98.0m of 1.28 g/t Au and 70.7m of 0.76 g/t Au
Faraday Copper Reports 15 metres at 10.83% Copper, 1.65 g/t Gold and 55.62 g/t Silver at Copper Creek in Arizona
Westhaven Drills 6.20 Metres of 73.51 g/t Gold and 92.37 g/t Silver Within 12.00 Metres of 39.42 g/t Gold and 51.81 g/t Silver at the Franz Zone; Shovelnose Gold Property
Goldshore Continues to Intersect Multiple +100m Wide Mineralized Zones at QES Zone Including 1.03 g/t Au over 152.0m in MQD-22-072
AbraSilver Intersects Highest Grade Silver Intercept of All-Time at Diablillos: 12,581 g/t Silver and 44.5 g/t Gold (16,225 g/t AgEq) Over 1 Metre
🤝 Fission 3.0 Seals Partnership Sprott Capital Partners
Some of the people closely involved in the forming of Uranium Participation Corp, which became SPUT (Sprott Physical Uranium Trust) are joining forces with Fission 3.0 within the Sprott Capital Partners corporation for advice on strategic matters, including the procurement of potential strategic investors.
I sat down with CEO Dev Randhawa as soon as the news hit the wires to get the whole picture, including the current winter campaign and more.
This video is going out to TNBR subscribers (you) before anyone else, including our Youtube subscribers. You’re welcome.
Fission 3.0 is also a Marketing client of ours and we are rooting for them.
😃 Meme Of The Day
Chin up, 2023 is going to ROCK!
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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