⛏ Rick Rule Buys Nickel

PLUS: 38m Of 10 g/t Gold

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😎 Rick Rule Buys Nickel

👏 38m Of 10 g/t Gold

🐦 Don’t Short Mining Stocks

😎 Rick Rule Buys Nickel

Lifezone Metals (NYSE: LZM) is advancing its Kabanga nickel project in Tanzania, targeting the definitive feasibility stage later this year. The company, which went public last July through a merger, now focuses on pairing a significant nickel sulphide deposit with its Hydromet technology for cleaner metal production.

Recently, a group led by Rick Rule participated in a $50 million debenture financing for Lifezone, offering funds at an annual interest rate of SOFR plus 4%, convertible into common shares.

The project, supported by the Tanzanian government and BHP with a $100 million commitment, has made substantial progress, including a major mineral resource update and advancements in environmentally friendly refining technology.

👏 38m Of 10 g/t Gold

Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname.

Highlights:

  • 38.0m of 10.90 g/t Gold from 149.0m.

The company has resubmitted samples for metallic screening to more accurately capture coarse gold, anticipating these results soon. Suriname is proving to be high-grade gold central in this 23/24 season. We expect more of it soon!

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