👷♀️ Greetings, Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and keep an eye on the $4,000 line in gold. 👀
📝 Here are the highlights
📉 Gold Under Pressure
🥇 Lapon Canyon Gold
☢️ Isotopes, Not Bullion
📌 Daily Commodity Prices
📉 Gold Under Pressure
Gold fell today with spot prices slipping 0.3% to $4,013.34 per ounce, putting the metal on track for its steepest weekly decline in more than four months, down 3.6%.
Rising oil prices, fuelled by renewed tensions in the Middle East, have heightened inflation concerns and strengthened expectations that US interest rates could remain elevated for longer, reducing gold's appeal as a non-yielding asset.
Investors are now focused on the Federal Reserve's meeting next week and upcoming US inflation data, while the key $4,000-per-ounce level remains an important threshold for the market.
🥇 Lapon Canyon Gold
Nevada Canyon Gold Corp. (OTCQX: NGLD) announced drill results from its 2026 reverse circulation programme at the Lapon Canyon Gold Project in Nevada, United States.
Highlights:
47.25 metres of 2.07 g/t Au, including:
30.48 metres of 3.07 g/t Au.
48.77 metres of 2.02 g/t Au, including:
7.62 metres of 6.61 g/t Au.
38.10 metres of 1.29 g/t Au, including:
9.14 metres of 2.62 g/t Au.
Mineralisation hosted in monzonite, along with elevated copper values, points to a possible intrusive-related gold system.
An initial NI 43-101 mineral resource estimate is now expected in the first half of 2027.
📰 In Other News
☢️ Isotopes, Not Bullion
How Are We Doing?
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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