👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and play a few tennis matches. 🎾

📝 Here are the highlights

😎 Fed Fears Fade

👏 Mt Fisher Delivers

🐦 Canada's Uranium Edge

📌 Daily Commodity Prices

😎 Fed Fears Fade

Gold prices rose today and are heading for their first weekly gain in five weeks after weaker-than-expected U.S. jobs data reduced expectations of a near-term Federal Reserve interest rate hike.

Spot gold climbed to around US$4,185 per ounce, while U.S. gold futures approached US$4,197 per ounce.

The softer payrolls report weakened the U.S. dollar and boosted demand for bullion, with central bank buying continuing to provide longer-term support for the precious metal.

👏 Mt Fisher Delivers

High-Tech Metals (ASX: HTM) reported drilling results from the Mt Fisher Gold Project in Western Australia.

Highlights:

• 13 metres of 1.54 g/t gold, including:

  • 5 metres of 3.38 g/t gold.

• 12 metres of 2.30 g/t gold, including:

  • 5 metres of 4.95 g/t gold.

• 2 metres of 5.49 g/t gold.

The initial results support continuity of mineralisation within the existing Mt Fisher system and, with most northern extension drilling assays still pending, expects to continue advancing several important workstreams at Mt Fisher in the near term.

📰 In Other News

🐦 Canada's Uranium Edge

Happy Speculating!

The Editor

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