โ› Global Boosts lbs

PLUS: High-grade Uranium in Wyoming

๐Ÿ‘ทโ€โ™€๏ธ Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and jump into the pool. ๐ŸŠโ€โ™€๏ธ

๐Ÿ“Œ Commodity Prices

Source: Trading Economics, Numerco.

๐Ÿ“ Here are the highlights

๐Ÿ’ช Global Boosts lbs

๐Ÿ˜‰ High-grade Uranium in Wyoming

๐Ÿฆ China Is Hungry For This Commodity

๐Ÿ’ช Global Boosts lbs

Global Atomic Corporation (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today the results of the updated Dasa Project Feasibility Study, replacing the previous Phase 1 Feasibility Study.

Highlights:

  • Extended the Dasa Mine Life from 12 to 23 years.

  • Uranium production from Dasa has increased by 55% to 68.1 million pounds.

  • Mineral Reserves have increased by 50% to 73 million pounds U3O8.

The stock has been trading above pre-Niger-coup consistently since January 2024 and has been trading sideways. This refresh allows for more realistic costs, and uranium sales are still a conservative $75. Weโ€™re shareholders and like what we see.

๐Ÿ˜‰ High-grade Uranium in Wyoming

Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) announced a compilation of historic eU3O8 grade intervals at its Copper Mountain project, compiled from cross-sections prepared by Anaconda Uranium in 1997. 

Highlights:

  • 56 intervals >0.1% eU3O8 

  • 8 intervals >0.2% eU3O8

If you donโ€™t know ISR or heap leach in Wyoming, let us fill you in: this is high grade. These cross-sections were found during the Company's ongoing review of proprietary paper-based historical data sets. Someone was literally sitting on this in their basement for decades. Unbelievable. Weโ€™re long.

๐Ÿ“ฐ In Other News

๐Ÿฆ China Is Hungry For This Commodity

๐Ÿ“ฎ Other Great Newsletter

Sponsored
EVWireKeep up with the Electric Vehicle industry.

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.

Reply

or to participate.