⛏️ Aztec Extends Strike

PLUS: Goldwedge Drilling Delivers

👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and enjoy a good glass of wine. 🍷

📝 Here are the highlights

👊 Aztec Extends Strike

🤩 Goldwedge Drilling Delivers

🧐 New Zone Discovered

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

👊 Aztec Extends Strike

Aztec Minerals Corp. (TSXV: AZT) (OTCQB: AZZTF) has reported results from five reverse circulation drill holes at the North Extension target, extending the Contention mineralised system at its Tombstone project in southeastern Arizona, USA.

Highlights:

  • 83.8 metres of 1.31 g/t AuEq (0.90 g/t gold and 22.61 g/t silver), including:

    • 7.6 metres of 8.34 g/t AuEq (6.97 g/t gold and 75.42 g/t silver)

  • 51.8 metres of 1.16 g/t AuEq (0.70 g/t gold and 25.59 g/t silver), including:

    • 19.8 metres of 2.99 g/t AuEq (1.93 g/t gold and 58.01 g/t silver)

  • 51.8 metres of 0.65 g/t AuEq (0.55 g/t gold and 5.61 g/t silver), including:

    • 6.1 metres of 3.71 g/t AuEq (3.60 g/t gold and 5.98 g/t silver)

The results extend the Contention system by 255 metres to over 1,250 metres of continuously drilled strike length, with high-grade mineralisation at both ends and the system remaining open to the north.

Results are expected to feed into the company's previously announced maiden mineral resource estimate for the project, targeted for the fourth quarter.

🤩 Goldwedge Drilling Delivers

Scorpio Gold Corp. (NASDAQ: SGLD) (TSXV: SGLD) (OTCQB: SRCRF) (FSE: RY9) has announced results from four drill holes of its Phase Two drilling programme at the Goldwedge target, part of the Manhattan District project in Nevada, USA.

Highlights:

  • 48.92 metres of 3.02 g/t gold, including:

    • 5.24 metres of 19.29 g/t gold

  • 99.94 metres of 1.19 g/t gold, including:

    • 4.16 metres of 5.13 g/t gold

  • 10.15 metres of 5.14 g/t gold

Mineralisation has been traced along the Reliance Fault, from the Zanzibar Formation through to the Manhattan Caldera Volcanics at the faulted contact.

The company has now drilled 114 holes for a total of 32,585 metres as part of the Phase Two programme, with assays pending from seven holes.

🧐 New Zone Discovered

Kirkland Lake Discoveries Corp. (TSXV: KLDC) (OTCQB: KLKLF) has revealed the first two holes from regional testing around a newly renamed Mirado West zone at its KL South project, 18 km south of Kirkland Lake, Ontario, Canada.

Highlights:

  • 69.50 metres of 1.22 g/t gold, including:

    • 12.00 metres of 5.67 g/t gold

  • 21.18 metres of 0.35 g/t gold

  • 15.83 metres of 0.65 g/t gold

Mineralisation and alteration are consistent with the Mirado deposit, extending it more than 600 metres to the west and bringing the lateral mineralised footprint to over 1,300 metres.

Results are pending from 19 additional holes across Mirado North, South, West and six regional targets.

📰 In Other News

🐦 Tungsten Supply Gap

How Are We Doing?

Today's mining news was:

Login or Subscribe to participate in polls.

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.

Would you like to update how frequently you receive our emails? 📬