⛏️ Missiles Move Markets

PLUS: Goldboro Goodies

👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and read today’s newspaper. 📰

📝 Here are the highlights

🚀 Missiles Move Markets

🤩 Goldboro Goodies

🐦 Uranium Play Reignites

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

🚀 Missiles Move Markets

Gold prices jumped to their highest level in nearly two months, with futures rising above $3,435/oz and spot prices nearing $3,415/oz, as investors rushed to safe-haven assets following Israeli airstrikes on Iran.

The escalation in Middle East tensions led to a state of emergency in Israel and warnings of imminent retaliation, sparking fears of broader regional conflict. This geopolitical shock also drove oil prices to their fastest single-day rise over three years, raising concerns about global energy supply and inflation.

Meanwhile, growing expectations of U.S. interest rate cuts, spurred by soft economic data, further boosted demand for gold as a non-yielding asset.

🤩 Goldboro Goodies

NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) reported new assay results from its ongoing 25,000-metre diamond drill program at the Goldboro Project, Nova Scotia, Canada.

Highlights:

  • 4.5 metres of 25.79 g/t gold (including 0.5 metres of 227.0 g/t).

  • 3.0 metres of 18.10 g/t gold (including 1.0 metre of 52.57 g/t).

  • 11.35 metres of 2.27 g/t gold.

Drilling continues to confirm and extend mineralisation in the west pit area, with results to support an updated Mineral Resource Estimate and Feasibility Study in 2025.

📰 In Other News

🐦 Uranium Play Reignites

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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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