⛏ Jackpot Uranium Hit

PLUS: Polymetallic PEA

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 play in the snow.

Here are the highlights:

🤑 Jackpot Uranium Hit

🤔 Polymetallic PEA

🐦 Could This Boost The Entire Mining Industry?

🤑 Jackpot Uranium Hit

CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) reports results from drillhole WMA082-4 at the Pike Zone as part of the ongoing winter exploration program on the West McArthur Joint Venture project in the eastern Athabasca Basin.

Highlight:

  • 16.8m of 13.75% eU3O8, including 4.7m of 40.30% eU3O8 and 2.4m of 13.54% eU3O8 

What. A. Hit!

The market does not give a rat’s little butt that it’s 800m deep, the stock is soaring over 40% on the day. Congrats to the team. Something tells me there’s more coming.

🤔 Polymetallic PEA

Tinka Resources Limited (TSXV:TK) (BVL:TK) (OTCQB:TKRFF) just announced the results from an updated Preliminary Economic Assessment on the Company's 100%-owned polymetallic Ayawilca project in central Peru.

Highlights:

  • After-tax NPV at 8% discount of US$434 million

  • Capex of US$382 million

  • Zinc Zone Indicated Mineral Resource tonnage increased 49% from the previous Mineral Resource estimate.

The company’s market cap is sitting at a C$42m - which is exactly what you get for advancing projects in this industry - no love whatsoever.

📰 In Other News:

🐦 Could This Boost The Entire Mining Industry?

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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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