⛏️ Bonanza Find

PLUS: Uranium Discovery

👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and savor a glass of wine. 🍷

📝 Here are the highlights

😍 Bonanza Find

🤩 Uranium Discovery

😉 Red Silver

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

😍 Bonanza Find

Kalo Gold Corp. (TSXV: KALO) reported a new discovery from its Phase 1 drilling program at the Qiriyaga Complex within the Vatu Aurum Project in Fiji.

Highlights:

  • 22.12 metres of 12.80 g/t gold, including 10.05 metres of 25.10 g/t gold.

  • 7.00 metres of 35.01 g/t gold, including 1.00 metre of 83.30 g/t gold.

The bonanza-grade intercept confirms a high-temperature epithermal system at target QC1, validating Kalo’s diatreme model.

With sixteen similar anomalies identified across the project, Phase 2 drilling is now underway to expand the high-grade zone and test additional diatreme targets within the Aurum Epithermal Field.

🤩 Uranium Discovery

District Metals Corp. (TSXV: DMX | OTCQB: DMXCF | Nasdaq First North: DMXSE SDB | FSE: DFPP), a sponsoring partner of TNBR, announced results from a UAV radiometric and magnetic survey at the Ardnasvarre Property in northern Sweden.

Highlights:

  • Strong uraniferous anomalies linked to the Labbas and Viepsajokk occurrences.

  • Historic 7.0 m at 0.17% U₃O₈, including 0.8 m at 0.94% U₃O₈ (Labbas).

  • Untested Athabasca-style uranium potential identified at Viepsajokk.

The survey indicates significant expansion potential at both uranium polymetallic zones, with several untested targets outlined.

Exploration is expected to advance following Sweden’s planned lifting of its uranium exploration moratorium in January 2026.

😉 Red Silver

Silver47 Exploration Corp. (TSXV: AGA | OTCQB: AAGAF) reported high-grade assay results from its 2025 drill program at the Red Mountain Project in Alaska and the Hughes Project in Nevada, USA.

Highlights:

  • 6.9 metres of 640 g/t AgEq, including 3.05 metres of 1,341 g/t AgEq.

  • 3.0 metres of 736 g/t AgEq in a step-out hole.

  • 1.1 metres of 509 g/t AgEq (3.30 g/t Au, 252 g/t Ag).

Step-out drilling at Red Mountain expanded high-grade mineralization at West Tundra Flat and Dry Creek, while drilling at Hughes extended the Ruby Vein System along a 600-metre trend.

Both projects remain open, with additional assays pending.

📰 In Other News

🐦 SPUT Stays Bullish

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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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