⛏️ La Colorada High-Grades

PLUS: Treasure Island Metals

👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go camping. ⛺

📝 Here are the highlights

🤩 La Colorada High-Grades

😎 Treasure Island Metals

👏 Strategic Phosphate Deal

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

🤩 La Colorada High-Grades

Heliostar Metals Ltd. (TSXV: HSTR | OTCQX: HSTXF) reported drilling results at the La Colorada Mine, Sonora, Mexico.

Highlights:

  • 10.9 metres of 22.1 g/t Au, including:

    • 1.3 metres of 174.0 g/t Au.

  • 40.8 metres of 2.23 g/t Au, including:

    • 17.45 metres of 4.55 g/t Au.

  • 20.65 metres of 3.35 g/t Au.

The results confirmed high-grade gold mineralisation beyond the current pit design, supporting a planned expansion.

Final permits have been received, with engineering underway for the larger Veta Madre Plus pit.

😎 Treasure Island Metals

Pirate Gold Corp. (TSXV: YARR | OTCQB: YARRF) announced drilling results at the Treasure Island Project, Newfoundland and Labrador, Canada.

Highlights:

  • 180.8 metres of 0.54% Cu Eq, including:

    • 49.4 metres of 1.48% Cu Eq.

  • 112.4 metres of 0.38% Cu Eq, including:

    • 45.0 metres of 0.72% Cu Eq.

  • 329.55 metres of 0.34% Cu Eq, including:

    • 180.75 metres of 0.54% Cu Eq.

The first drill holes at the Moby Dick target confirmed a new copper-gold porphyry to high-sulphidation epithermal discovery within a large alteration system.

👏 Strategic Phosphate Deal

First Phosphate Corp. (CSE: PHOS | OTCQX: FRSPF), a sponsoring partner of TNBR, announced investment and offtake agreements under the Critical Minerals Resilience and Production Alliance at the G7 Summit in France.

Including LOIs for up to C$275M in financing support and binding offtake deals for phosphate concentrate and phosphoric acid, strengthening development of its Québec mine and downstream LFP battery supply chain.

📰 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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