👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and take the car to the repair shop. 🚗🧰

📝 Here are the highlights

👏 First Phosphate Updates

🤩 Caneleira Hits

🐦 Quiet Week, Loud

📌 Daily Commodity Prices

👏 First Phosphate Updates

First Phosphate Corp (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0), a sponsoring partner of TNBR, has filed an updated NI 43-101 Mineral Resource Estimate for its Bégin-Lamarche phosphate project near Saguenay, Quebec, Canada.

The report shows a measured resource of 6.2 Mt at 7.70% P2O5, an indicated resource of 198.5 Mt at 6.00% P2O5, and an inferred resource of 89.5 Mt at 6.16% P2O5, a 378% increase in indicated resources over the 2024 initial estimate.

Metallurgical test work indicates a 40.4% P2O5 apatite concentrate at 88% recovery, qualified for battery-grade phosphoric acid production.

The deposit remains open at depth and sits near existing infrastructure, 70 km from the Port of Saguenay.

🤩 Caneleira Hits

Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) has reported final assay results from its 2026 drill campaign at the Caneleira Mining Concession, part of the Lavras do Sul Project in southern Brazil.

Highlights:

• 9 metres of 24.30 g/t gold, including:

  • 0.85 metres of 99.56 g/t gold

• 4 metres of 9.31 g/t gold, including:

  • 2 metres of 17.29 g/t gold

• 15.46 metres of 4.63 g/t gold, including:

  • 3 metres of 21.80 g/t gold

The results confirm near-surface continuity of the high-grade vein system at Caneleira and up-dip mineralisation at Caneleira East, both located near the company's Fazenda-Butia development and now being advanced toward a combined resource model.

📰 In Other News

🐦 Quiet Week, Loud

Happy Speculating!

The Editor

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