⛏️ Pimentón Delivers

PLUS: Sirios Hits Gold

👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and make bacon and eggs. 🥓🍳

📝 Here are the highlights

👏 Pimentón Delivers

🤩 Sirios Hits Gold

😎 Gold High-Grades

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

👏 Pimentón Delivers

Irruptive Metals Corp. (TSXV: IRR) has completed its first diamond drilling campaign at the Pimentón copper-gold porphyry project in Chile.

Highlights:

  • 795.2 metres of 0.66% CuEq (0.41 g/t Au, 0.31% Cu), including:

    • 60 metres of 1.49% CuEq (1.37 g/t Au, 0.31% Cu)

  • 358.4 metres of 0.49% CuEq (0.29 g/t Au, 0.24% Cu)

  • 406 metres of 0.47% CuEq (0.26 g/t Au, 0.25% Cu)

Results confirm and extend historical drilling by Rio Tinto and Anglo American, with the porphyry system remaining open to the east, southeast and northeast.

The company plans further step-out drilling and an initial inferred resource estimate targeted for the first quarter of 2027.

🤩 Sirios Hits Gold

Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) (FSE: 377A) has announced assay results from the first five holes of Phase 1 drilling at its Cheechoo gold project in the Eeyou Istchee Baie-James region of Quebec, Canada.

Highlights:

  • 48.5 metres of 2.40 g/t gold, including:

    • 1.1 metres of 77.65 g/t gold

  • 37.6 metres of 1.49 g/t gold

  • 32.2 metres of 1.16 g/t gold, including:

    • 1.5 metres of 12.88 g/t gold

Visible gold has been observed in eight drill holes, with assay results still pending for seven of them.

The company expects to complete Phase 1 in September, followed by an updated resource estimate.

😎 Gold High-Grades

Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) has reported high-grade gold results from underground infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji.

Highlights:

  • 4.2 metres of 715.15 g/t gold, including:

    • 0.45 metres of 6,571.20 g/t gold

  • 5.1 metres of 35.24 g/t gold, including:

    • 0.4 metres of 325.75 g/t gold

  • 3.6 metres of 40.93 g/t gold, including:

    • 0.5 metres of 162.75 g/t gold

The company intersected high-grade mineralisation in 14 of 18 drillholes, with results focused on an area outside the current resource and within close proximity to existing underground development.

The Ura and Murau lode systems remain open at depth and along strike, and drilling continues.

📰 In Other News

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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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