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👷♀️ Greetings, Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and celebrate Easter. 🥚🐇
📝 Here are the highlights
😎 Moss Gold
🧐 Dollar Pressures Gold
🐦 Invisible Nuclear Shortage
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
😎 Moss Gold
Gold X2 Mining Inc. (TSXV: AUXX | OTCQB: GSHRF) reported drilling results at the Moss Gold Project, Northwest Ontario, Canada.
Highlights:
9.0 metres of 3.13 g/t Au, including:
3.95 metres of 6.94 g/t Au.
42.0 metres of 0.47 g/t Au.
16.7 metres of 1.04 g/t Au.
Drilling identified a new high-grade Superion-style shear west of the existing zone, confirming expansion potential along the deposit margin.
Additional shallow mineralised shears within the conceptual pit, previously considered waste, highlight opportunities to improve project economics through reduced strip ratios.
🧐 Dollar Pressures Gold
Gold prices slipped today as a stronger US dollar and robust US jobs data reduced expectations for Federal Reserve rate cuts, outweighing safe-haven demand from escalating Middle East tensions.
Spot gold fell around 0.4% to roughly $4,659 per ounce, with rising bond yields and a “higher-for-longer” interest rate outlook making the non-yielding metal less attractive, even as conflict around the Strait of Hormuz continues to support inflation concerns and underlying geopolitical risk.
📰 In Other News
🐦 Invisible Nuclear Shortage
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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.
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