⛏️ Phosphate Origins Explained

PLUS: Blackjack High-Grades

👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and try a new ice cream flavor. 🍨

📝 Here are the highlights

😎 Phosphate Origins Explained

👏 Blackjack High-Grades

🐦 Silver Grades Surface

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

😎 Phosphate Origins Explained

First Phosphate Corp. (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0), a sponsoring partner of TNBR, announced that its Bégin-Lamarche Igneous Phosphate Deposit in Québec, Canada, was the subject of a peer-reviewed study published in Ore Geology Reviews.

The study, authored by researchers from Queen's University and UQAC, characterises the deposit's phosphate mineralisation, noting low levels of deleterious trace elements and concentrate grades around 40% P₂O₅, and identifies favourable geometry for potential open-pit mining, supporting the Company's phosphoric acid and LFP battery supply chain strategy.

👏 Blackjack High-Grades

Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQX: SITKF) announced assay results from drilling at the Blackjack deposit, Saddle Zone and Eiger deposit at its RC Gold Project in Yukon, Canada.

Highlights:

  • 141.5 metres of 1.93 g/t gold, including:

    • 80.6 metres of 3.20 g/t gold and 6.0 metres of 9.46 g/t gold

  • 17.5 metres of 2.68 g/t gold

  • 30.5 metres of 1.46 g/t gold, including:

    • 1.5 metres of 25.50 g/t gold

Drilling has extended near-surface gold mineralisation across approximately 550 metres of strike at the Saddle Zone, all within the Blackjack resource pit shell, while step-out drilling at Eiger has extended mineralisation westward toward Saddle.

The company views the two deposits, separated by roughly 2 kilometres, as potentially forming part of one continuous gold system, with drilling ongoing across the Project.

📰 In Other News

🐦 Silver Grades Surface

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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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