👷♀️ Greetings, Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and chase the next discovery, one drill hole at a time. 📏
📝 Here are the highlights
🦗 La Chicharra Assays
📑 Two-Part Update
🏔️ San Agustin Results
📌 Daily Commodity Prices
🦗 La Chicharra Assays
Goldgroup Mining Inc. (TSXV: GORO) (NYSE American: GORO) (FSE: 55G) has announced additional assay results from its San Francisco Gold Project in Sonora, Mexico.
Highlights:
57.0 metres of 1.02 g/t gold, including 4.75 metres of 5.26 g/t gold
19.0 metres of 1.49 g/t gold, including 3.80 metres of 3.28 g/t gold
16.22 metres of 1.11 g/t gold
The results come from the La Chicharra Pit, one of two historically producing open pits at the project.
About 75% of the 26,000-metre programme is complete, and the results will feed into resource models and studies on a potential restart of operations.
📑 Two-Part Update
Spanish Mountain Gold Ltd. (TSXV: SPA) (FSE: S3Y) (OTCQB: SPAUF) has reported assay results and filed an updated Preliminary Economic Assessment for its Spanish Mountain Gold project in British Columbia, Canada.
Highlights:
138.55 metres of 0.50 g/t gold, including 40.70 metres of 1.26 g/t gold
174.0 metres of 0.29 g/t gold, including 43.0 metres of 0.93 g/t gold
219.20 metres of 0.29 g/t gold, including 28.0 metres of 0.96 g/t gold
The updated PEA outlines a potential larger pit containing about 348 Mt of mill feed at 0.39 g/t gold for 4.4 Moz.
About 47,000 metres of the 60,000-metre feasibility programme is complete, with results pending for 49 holes and the feasibility study targeted for H1 2028.
🏔️ San Agustin Results
Heliostar Metals Ltd. (TSX: HSTR) (OTCQX: HSTXF) (FSE: RGG1) has reported additional drill results from its San Agustin Mine in Durango, Mexico.
Highlights:
24.4 metres of 3.44 g/t AuEq
100.6 metres of 0.42 g/t AuEq
40.9 metres of 0.99 g/t AuEq
Drilling has defined shallow oxide gold mineralisation at the new East Wall Zone and at the Corner Expansion Zone, more than 200 metres from current reserves.
The company is targeting up to two years of mine life extension and has increased the programme to 25,000 to 30,000 metres.
📰 In Other News
🐦 Uranium Stocks Rally
How Are We Doing?
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.
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