⛏️ Sakami Vein Unlocked

PLUS: Cedar Bay Surge

👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and play rock, paper, scissors. ✊🖐️✌️

📝 Here are the highlights

🤩 Sakami Vein Unlocked

💪 Cedar Bay Surge

🐦 Uranium’s Cosmic Breakout

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

🤩 Sakami Vein Unlocked

Fury Gold Mines Limited (TSX & NYSE American: FURY) has reported initial results from its inaugural drill programme at the Sakami Gold Project in the Eeyou Istchee Territory, James Bay region, Quebec, Canada.

Highlights:

  • 4.7 metres of 2.72 g/t Au.

  • 1.5 metres of 5.17 g/t Au.

  • 41.5 metres of 1.23 g/t Au, including 7.0 metres of 3.15 g/t Au.

The 3,160m programme to date has confirmed continuity of mineralisation at the La Pointe Extension prospect, with results pending from five additional holes, including one at the undrilled Juliette target.

Mineralisation is hosted within intense silicification and remains open along the 23 km gold-bearing structure.

💪 Cedar Bay Surge

Cygnus Metals (ASX: CY5 | TSXV: CYG) has uncovered high-grade gold-copper targets adjacent to the historic Cedar Bay Mine, located in the Chibougamau Copper-Gold Project, Québec, Canada.

Highlights:

  • 3.4 metres of 16.8% CuEq (4.8% Cu, 15.2 g/t Au & 23.3 g/t Ag).

  • 2.9 metres of 9.6% CuEq (8.4% Cu, 1.0 g/t Au & 43.0 g/t Ag).

  • 1.8 metres of 7.7% CuEq (6.3% Cu, 0.9 g/t Au & 45.9 g/t Ag).

Cygnus used AI to analyse historic geological data, identifying new targets. A second drill rig is being deployed to test extensions.

Results will support a resource update next month, with mineralisation open in several directions.

📰 In Other News

🐦 Uranium’s Cosmic Breakout

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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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