- The Next Big Rush
- Posts
- ⛏️ District Secures Permit
👷♀️ Greetings, Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go sing karaoke. 🎤🎶
📝 Here are the highlights
👏 District Secures Permit
😍 BK3 Delivers Gold
🤠 AurMac Gold Discovery
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
👏 District Secures Permit
District Metals (TSXV: DMX), a sponsoring partner of TNBR, has received approval to begin diamond drilling at the Österkälen Mineral License, part of its 100%-owned Alum Shale Properties in central Sweden.
Drilling is expected to start in late June or early July 2026 and will test a large, previously undrilled MobileMT conductive anomaly spanning approximately 8 km by 3.5 km, which is considered a high-priority target for potential Viken-style Alum Shale mineralisation.
CEO Garrett Ainsworth said the programme marks the start of the company's Alum Shale exploration strategy in Sweden and aims to evaluate the district-scale potential of the target.
😍 BK3 Delivers Gold
Trident Resources (TSXV: ROCK) (OTCQB: TRDTF) reported drilling results from the Contact Lake Gold Project in Saskatchewan, Canada.
Highlights:
16.00 metres of 5.43 g/t gold.
9.30 metres of 10.05 g/t gold.
3.42 metres of 41.46 g/t gold.
The results are from seven drill holes completed at the BK3 Zone, where all holes intersected gold mineralisation and confirmed the potential for further expansion of the Contact Lake deposit along strike and at depth.
Trident has recommenced drilling at the project with more than 20,000 metres planned for the summer and autumn programme.
🤠 AurMac Gold Discovery
Banyan Gold (TSXV: BYN) (OTCQB: BYAGF) announced drilling results from the Powerline Deposit at the AurMac Project in Yukon, Canada.
Highlights:
21.7 metres of 5.58 g/t gold.
11.7 metres of 2.51 g/t gold.
9.3 metres of 2.75 g/t gold.
The drilling programme returned several significant gold intercepts, including visible gold and high-grade skarn-hosted mineralisation, highlighting the potential for additional high-grade discoveries at AurMac.
The results have identified a new potential high-grade gold zone southwest of the main high-grade core at the Powerline Deposit.
📰 In Other News
🐦 Europe Embraces Nuclear
How Are We Doing?Today's mining news was: |
Happy Speculating!
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.
Would you like to update how frequently you receive our emails? 📬
Reply