⛏️ Desert Gold

PLUS: Myriad Rush Merger

👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go out for lunch. 🍲🍝

📝 Here are the highlights

😉 Desert Gold

🤝 Myriad Rush Merger

🐦 GOLD AND FREEDOM

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

😉 Desert Gold

Arizona Gold & Silver Inc. (TSXV: AZS; OTCQB: AZASF) reported drill results at the Philadelphia project in Arizona, United States.

Highlights:

  • 22.26 metres of 4.24 g/t gold.

    • Including 1.52 metres of 14.5 g/t gold.

    • Includes 6.1 metres of 6.64 g/t gold.

The results suggest the system is approaching a high-grade ‘boiling zone’, characteristic of productive epithermal gold deposits.

Drilling continues to test the depth and continuity of mineralisation.

🤝 Myriad Rush Merger

Myriad Uranium Corp. (CSE: M) and Rush Rare Metals Corp. (CSE: RSH) have announced a proposed merger, under which Myriad would acquire all outstanding shares of Rush via a statutory plan of arrangement.

The merger aims to consolidate ownership of the Copper Mountain uranium project in Wyoming, USA, where Myriad currently holds a 50% interest and is progressing toward acquiring 75%. The transaction includes Rush spinning off its Boxi property in Quebec into a subsidiary, with Rush shareholders receiving shares in both companies post-merger.

The unified ownership is expected to enhance the project's market valuation and attract strategic investors.

The deal is subject to due diligence, regulatory, and shareholder approvals.

(The Editor is an insider of Rush Rare Metals)

📰 In Other News

🐦 GOLD AND FREEDOM

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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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