⛏ Long Gold Intercept

PLUS: Massive Resource Increase (High-grade)

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 a basketball game.

Here are the highlights:

👏 Long Gold Intercept

😉 Massive Resource Increase (High-grade)

🐦 Tweet Of The Day

👏 Long Gold Intercept

Tudor Gold Corp. (TSXV: TUD) (FSE: H56) just presented the sixth set of drill results for the 2023 exploration program at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

Highlights:

  • 123.0 m of 3.51 g/t AuEQ (3.23 g/t Au, 5.57 g/t Ag, 0.19 % Cu)

Tudor is sitting at a 193m market cap, after sliding about 50% from its summer peak. Tough crowd.

😉 Massive Resource Increase (High-grade)

Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) announced updated mineral reserve estimates for its Segovia Operations in Antioquia, Colombia.

Highlights:

  • 75% increase of mineral reserves to 1.3 million ounces of gold at 11.63 grams per tonne

There’s a plant expansion planned by early 2025 - the idea is to go from 2,000 to 3,000 tonnes per day, with a capex of only $11 million since the is existing infrastructure on the mine site already.

The stars are aligning for these guys - and at these grades, they are going to get noticed soon. We think.

📰 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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