Co.'s Sampling Reveals High-Grade Copper Mineralization

Source: Michael Ballanger 06/05/2024

Michael Ballanger of GGM Advisory Inc. shares current updates in the market, and one copper stock he is keeping his eye on.

USD Index futures are higher this morning with 10-yr. and 30-yr. yields lower as the economic news continues to demonstrate weakness.

Gold (+0.59%), silver (+0.56%), copper (+0.34%), and oil (+.38%) are all rallying very modestly, with stock futures bouncing as well.

Vortex Metals Inc. VMSSF reported this morning on sampling (10 samples) conducted during the visit by the geologist and QP who wrote the N1 43-101 report revealed copper-in-rock mineralization ranging from 0.40% to 6.54% copper (Cu) and up to 66ppm silver (Ag) from exposures known to host copper mineralization.

All samples but two exceeded the 1.39% Cu reported for the Rio 27 mine's run-of-mine grade. (The Rio 27 mine is next door to the Illapel Project.)

I continue to bid for VMS at CA$0.11 / US$0.08 in advance of a mid-July drill program.

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1. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vortex Metals Inc.
2. Michael Ballanger: I, or members of my immediate household or family, own securities of: Vortex Metals Inc. I determined which companies would be included in this article based on my research and understanding of the sector.
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Michael Ballanger Disclosures

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