⛏️ Dollar Pressures Gold

PLUS: Goldshore Drills Deeper

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This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go to the movies. 🎞️

📝 Here are the highlights

🧐 Dollar Pressures Gold

👏 Goldshore Drills Deeper

🐦 ISR Uranium Strategy

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

🧐 Dollar Pressures Gold

Gold prices slipped today as a stronger US dollar and growing optimism over US-EU trade negotiations dampened demand for the metal, with spot gold falling 0.5% to $3,350.08 per ounce.

Rising Treasury yields and robust US jobless data reinforced expectations that the Federal Reserve will hold rates steady, adding further pressure. While geopolitical and fiscal uncertainties continue to provide underlying support, analysts suggest gold could rebound if volatility resurfaces.

Silver also dipped 0.5%, while platinum and palladium edged lower by 0.6% and 0.7%, respectively.

👏 Goldshore Drills Deeper

Goldshore Resources Inc. (TSXV: GSHR; OTCQB: GSHRF; FSE: 8X00) reported additional gold mineralisation at the Moss Gold Project in Northwest Ontario, Canada.

Highlights:

  • 22.0 metres of 1.30 g/t gold from 533 metres, including 3.9 metres of 3.48 g/t gold from 541.1 metres.

  • 10.0 metres of 2.76 g/t gold from 314 metres, including 5.0 metres of 5.06 g/t gold.

  • 12.3 metres of 1.11 g/t gold from 556 metres, including 6.3 metres of 1.94 g/t gold.

The drilling targeted gaps beneath the Southwest Zone's conceptual open pit, intersecting multiple parallel shear zones and confirming lateral and vertical continuity.

These results support the potential to add ounces in a future mineral resource update.

📰 In Other News

🐦 ISR Uranium Strategy

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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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