Hello Elko! Here's our latest buzz. Let's get into it. ☀️
In today's newsletter:
Today's riddle: What did the carpenter ant say when he walked into the bar? 🤔 (Answer below!)
• Patriot hopes to mine critically needed tungsten in Elko County (elkodaily.com) — A long-idle tungsten mine north of Montello in Elko County is being revived by Patriot Critical Minerals, aiming to supply a mineral the U.S. now considers critical. Company leaders recently briefed Elko County Commissioners on the MEGA Tungsten Project’s scope, timelines, and permitting, signaling potential new jobs, investment, and industrial activity on the Delano Mountains’ east flank.
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• Nevada tightens horse racing regulations following 2024 Elko doping scandal (mynews4.com) — Nevada has tightened horse racing rules after the 2024 doping scandal at the Elko County Fair, where Elko racehorses tested positive for cocaine. New statewide regulations now limit whip use, strengthen discipline for trainers, and require safety gear, directly affecting future race meets in Elko while aiming to better protect horses and restore public confidence.
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• Lomas: Spinoff, IPO, carve-out, or buy-out? (elkodaily.com) — An Elko-based mining engineer, Ed Lomas, explains how gold companies can unlock capital by spinning off or carving out assets instead of just selling stock or bonds. He walks readers through how Nevada Gold Mines and Barrick structure deals, why “spinoff versus IPO” matters, and how these choices affect future mine development. His background in mining operations and strategic planning grounds the analysis in real-world experience.
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Ok Elko! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!
-- The Patch AM Team
P.S. The answer to today's riddle: Is the bar tender here? (Thank you W. M. for sending it in!)
Got a good riddle for PatchAM? Submit it here!
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