👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together for an incredible BBQ. 🥩

📝 Here are the highlights

🤩 Thundermine Gold

🧐 Gold Weekly Decline

🐦 Sweden Backs Nuclear

📌 Daily Commodity Prices

🤩 Thundermine Gold

Nuvau Minerals (TSXV: NMC) reported drilling results from the Thundermine target at the Matagami Mining Camp in Canada.

Highlights:

• 6.10 metres of 5.28 g/t gold, including:

  • 3.10 metres of 7.22 g/t gold.

• 45.90 metres of 0.24 g/t gold, including:

  • 0.40 metres of 6.02 g/t gold.

• Base metal mineralisation intersected with assays pending.

The first drill hole at Thundermine in nearly 40 years confirmed both gold and VMS-style mineralisation, with gold intersected around 200 metres below historical drilling.

Nuvau believes the results indicate a potentially large gold-bearing hydrothermal system that remains open at depth, with follow-up drilling already underway using a second rig.

🧐 Gold Weekly Decline

Gold prices edged higher today after softer-than-expected U.S. inflation data weakened the U.S. dollar, with spot gold rising to around US$4,038/oz.

Despite the rebound, bullion remains on track for its fourth consecutive weekly decline, pressured by expectations that the U.S. Federal Reserve will keep interest rates higher for longer.

Gold briefly fell below the US$4,000/oz level earlier this week for the first time since November 2025, reflecting cautious investor sentiment.

📰 In Other News

🐦 Sweden Backs Nuclear

Happy Speculating!

The Editor

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