👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and watch the news on TV. 📺

📝 Here are the highlights

😎 Phosphate Funding Boost

👏 Luca Hits Again

😍 New Gold Discovery

📌 Daily Commodity Prices

😎 Phosphate Funding Boost

First Phosphate (CSE: PHOS | OTCQX: FRSPF), a sponsoring partner of TNBR, has secured C$4.84 million in non-repayable funding from the Government of Canada to advance infrastructure supporting its Bégin-Lamarche phosphate project in Quebec.

The funding includes C$3.07 million for power transmission studies and C$1.77 million for road infrastructure planning, complementing the C$16.7 million previously awarded in March 2026.

The investment aims to strengthen critical mineral supply chains and support the future production of high-purity phosphate for North America's LFP battery industry.

👏 Luca Hits Again

Luca Mining (TSXV: LUCA | OTCQX: LUCMF) reported new underground and surface drill results from its Campo Morado Mine in Guerrero, Mexico.

Highlights:

• 183.70 metres of 1.18 g/t gold, 72.42 g/t silver, 0.39% copper, 0.45% lead and 1.67% zinc, including:

  • 18.30 metres of 2.64 g/t gold, 152.34 g/t silver, 0.53% copper, 1.05% lead and 2.52% zinc.

• 90.60 metres of 0.99 g/t gold, 40.07 g/t silver, 0.94% copper, 0.18% lead and 0.73% zinc, including:

  • 11.70 metres of 2.86 g/t gold, 43.73 g/t silver, 0.96% copper, 0.68% lead and 1.55% zinc.

• 9.60 metres of 4.05 g/t gold, 241.09 g/t silver, 0.90% copper, 1.57% lead and 2.72% zinc, including:

  • 1.20 metres of 5.83 g/t gold, 509.00 g/t silver, 0.70% copper, 2.63% lead and 0.42% zinc.

The drilling continues to expand mineralisation beyond the current mine plan, with multiple unmined zones showing potential to grow resources, extend mine life and improve production flexibility at Campo Morado.

😍 New Gold Discovery

Tocvan Ventures (CSE: TOC | OTCQB: TCVNF) reported a new near-surface gold-silver discovery along the El Mezquite Trend at its Gran Pilar Project in Sonora, Mexico.

Highlights:

• 215.00 metres of 0.60 g/t gold from 36.60 metres downhole.

• 70.20 metres of 0.90 g/t gold, including:

  • 6.10 metres of 4.90 g/t gold and 27 g/t silver, including 1.50 metres of 10.00 g/t gold and 74 g/t silver.

• 86.90 metres of 0.60 g/t gold, including:

  • 1.50 metres of 16.00 g/t gold and 57 g/t silver.

The new discovery lies along the 1.2-kilometre El Mezquite trend, just 1.9 kilometres from Tocvan's planned pilot production facility, highlighting the project's growth potential.

Results are pending for a further 5,521 metres of drilling completed this year.

📰 In Other News

🐦 Canada Backs Phosphate

First Phosphate Corp. - Sponsoring Partner of The Next Big Rush

Happy Speculating!

The Editor

Would you like to update how frequently you receive our emails? 📬