👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and try a new ramen flavor. 🍜🍥

📝 Here are the highlights

😍 Juby Gold

🤝 First Phosphate Funded

👏 Madsen High-Grade

📌 Daily Commodity Prices

😍 Juby Gold

McFarlane Lake Mining Limited (CSE: MLM | OTC: MLMLF | FRA: W2Z) announced drilling results at the Juby Gold Project, Ontario, Canada.

Highlights:

• 136 metres of 0.67 g/t gold.

• 208.2 metres of 0.88 g/t gold.

• 95.4 metres of 1.36 g/t gold.

Results from the Golden Lake deposit highlight broad gold intervals, with mineralisation now extended to over 400 metres along strike.

The intercepts exceeded expectations and support significant expansion potential, with additional holes confirming consistent mineralisation and further drilling planned to grow the system.

🤝 First Phosphate Funded

First Phosphate Corp. (CSE: PHOS | OTCQX: FRSPF), a sponsoring partner of TNBR, announced a non-binding letter of intent from Denmark’s Export Credit Agency (EIFO) for a guarantee of up to €170 million to support equipment and services financing for its igneous phosphate mining project in Quebec, Canada.

Backed by the Danish state, the potential AAA-rated guarantee would be provided to participating banks alongside other senior lenders, strengthening the project’s financing framework.

The agreement remains subject to due diligence, credit approval, and final structuring, but marks a significant step toward advancing funding for the project.

👏 Madsen High-Grade

West Red Lake Gold Mines Ltd. (TSXV: WRLG | OTCQB: WRLGF) reported drilling results at the Madsen Mine, Ontario, Canada.

Highlights:

• 5.35 metres of 215.46 g/t gold.

• 4.05 metres of 50.34 g/t gold.

• 3.0 metres of 61.70 g/t gold.

Drilling at the Austin 904 Complex continues to return exceptional high-grade gold, with results exceeding historic benchmark grades and confirming strong mineralisation within an intact 200m by 200m panel.

Early-stage definition drilling has only tested shallow portions of the zone, highlighting significant upside potential at depth and supporting future production plans from 2027.

📰 In Other News

🐦 Uranium Demand Surges

Happy Speculating!

The Editor

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