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- ⛏ Resource Boost In Guyana
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 travel by motorcycle.
Here are the highlights:
💪 Resource Boost In Guyana
🤔 Hit or Miss?
🐦 Warning to PGM Investors
💪 Resource Boost In Guyana
Reunion Gold Corporation (TSXV: RGD; OTCQX: RGDFF) announced today an updated Mineral Resource Estimate at the Kairuni zone on its 100%-owned Oko West Project in Guyana.
Highlights:
Contained gold in the Indicated category of the open pit increased by 71.2 % to 4.2 M ounces, while the grade increased by 11.7 % to 2.06 g/t Au
Initial underground Resource of 1.1 M ounces of gold in the Inferred category grading 3.12 g/t Au
An open pit at 2.06 g/t Au sounds like a great way to start the week. Sounds like money in the bank.
🤔 Hit or Miss?
Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) reports additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide ("Ni-Cu-Co") Selebi North underground mine in Botswana.
Highlights:
110.75 metres of 2.56% NiEq (1.52% Ni; 1.70% Cu; 0.08% Co)
Including 5.25 metres of 2.88% NiEq (2.26% Ni; 0.76% Cu; 0.12%
The stock is down today a good 8% on decent volume - current shareholders expected more.
📰 In Other News:
🐦 Warning to PGM Investors
Heads up to #platinum and #palladium bulls... miners don't do this unless they must—and certainly not if they expect higher #metals prices anytime soon.
#commodities#mining— Lobo Tiggre (@duediligenceguy)
3:16 PM • Feb 25, 2024
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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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