👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and set up camp. ⛺

📝 Here are the highlights

🧐 Inflation Hits Gold

👏 San Marcial Delivers

🐦 Uranium Fever Returns

📌 Daily Commodity Prices

🧐 Inflation Hits Gold

Gold prices fell today and were on track for a weekly loss of nearly 2%, with spot gold slipping around 0.6% to about US$4,098 per ounce.

Rising oil prices, driven by escalating U.S.-Iran tensions, have increased concerns that higher energy costs could fuel inflation and keep interest rates elevated, reducing the appeal of non-yielding assets such as gold.

Investors are now focused on upcoming U.S. inflation data and further signals from the Federal Reserve for clues on the direction of monetary policy.

👏 San Marcial Delivers

GR Silver Mining Ltd. (TSXV: GRSL; OTCQX: GRSLF) reported new high-grade silver drill results from the San Marcial Area at its Plomosas Project in Mexico.

Highlights:

• 21.9 metres of 168 g/t silver, including:

  • 6.15 metres of 447 g/t silver.

• 2.85 metres of 340 g/t silver and 0.32 g/t gold, including:

  • 1.75 metres of 450 g/t silver.

• 0.75 metres of 5.34 g/t gold.

The latest drilling extended high-grade silver mineralisation by at least 150 metres southeast of the current resource boundary and confirmed additional mineralised structures at the Parallel Breccia target.

The results support the ongoing 20,000-metre resource expansion drill program and highlight further growth potential at San Marcial.

📰 In Other News

🐦 Uranium Fever Returns

Happy Speculating!

The Editor

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