👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and play volleyball. 🏐

📝 Here are the highlights

😉 Lucky Strike

💪 Government Backs PHOS

👏 Kavasuki Delivers

📌 Daily Commodity Prices

😉 Lucky Strike

P2 Gold Inc. (TSXV: PGLD | OTCQB: PGLDF) reported drilling results at the Gabbs Project, Nevada, USA.

Highlights:

• 54.86 metres of 0.71 g/t gold and 0.31% copper, including:

  • 22.86 metres of 1.28 g/t gold and 0.43% copper.

• 68.58 metres of 0.65 g/t gold and 0.32% copper, including:

  • 18.29 metres of 1.22 g/t gold and 0.64% copper.

• 68.58 metres of 0.51 g/t gold and 0.22% copper, including:

  • 22.86 metres of 0.92 g/t gold and 0.34% copper.

Results continue to confirm the existing mineral resource model at Lucky Strike, with mineralisation remaining open in all directions and showing combined thicknesses of up to 125 metres.

An updated mineral resource estimate is expected in Q3 2026, to be followed by a feasibility study in Q4 2026.

💪 Government Backs PHOS

First Phosphate Corp. (CSE: PHOS | OTCQX: FRSPF) has received conditional approval for up to C$16.7 million in non-repayable funding from the Government of Canada, through Natural Resources Canada, to support technical and engineering studies for its integrated phosphate concentrate project in Saguenay-Lac-Saint-Jean, Québec, Canada.

The funding will advance validation of battery-grade phosphate concentrate for the lithium iron phosphate market, including processing design and equipment optimisation, with work planned through 2028, as part of efforts to strengthen Canada’s domestic critical minerals supply chain and LFP battery value chain.

👏 Kavasuki Delivers

Great Pacific Gold Corp. (TSXV: GPAC | OTCQX: GPGCF) announced drilling results at the Wild Dog Project, Papua New Guinea.

Highlights:

• 58.9 metres of 2.50 g/t gold equivalent, including:

  • 4.6 metres of 8.56 g/t gold equivalent.

• 18.1 metres of 2.14 g/t gold equivalent.

The first Kavasuki hole confirms a west-dipping epithermal vein system, with follow-up drilling underway to test continuity along strike and at depth.

📰 In Other News

🐦 First Phosphate Exposed

Happy Speculating!

The Editor

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