⛏ Eye-Watering High Grade Copper

PLUS: More Uranium, Please

Greetings Contrarian,

Source: Trading Economics, Numerco.

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and have lunch as a family.

Here are the highlights:

😂 Eye-Watering High Grade Copper

👏 33m of 12 g/t Gold Eq

🙏 More Uranium, Please

😂 Eye-Watering High Grade Copper

Benton Resources Inc. (TSXV: BEX) announces assay results for recent drill holes at the Great Burnt Copper Deposit, Ontario, Canada.

Highlights:

  • 26.87m of 7.18% Cu

  • 13m of 8.31% Cu

  • 6.9m of 5.91% Cu

The company's drill program is ongoing, with several drill holes still awaiting assay results.

👏 33m of 12 g/t Gold Eq

HighGold Mining Inc. (TSXV: HIGH) (OTCQX: HGMIF) provides an update on its 2023 exploration and development program, specifically focusing on the Johnson Tract polymetallic Gold Project in Southcentral Alaska, USA.

Highlights:

  • 56.6m of 7.8 g/t AuEq, including

  • 33.6 m of 12.1 g/t AuEq, and including

  • 4.9 m of 34.9 g/t AuEq

Minerals present are Au, Ag, Cu, Pb, Zn. The current news created a 5.5% bump as we type this, but the offers are coming in hard so it’s a toss-up on what happens from now until end of day.

🙏 More Uranium, Please

Sprott Physical Uranium Trust, aka SPUT (a closed-ended trust created to invest and hold substantially all of its assets in physical uranium), has announced an update to its at-the-market equity program​.

They can issue up to an additional US$125 million of trust units. In short, what this means is that rich old dudes in Florida will give money to Sprott, and they in turn will fill their coffers and go buy more….. You guessed it. Uranium. In the spot market.

Which is up like, 60%+ YTD. 😉

📰 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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