⛏️ Gold Faces Pressure

PLUS: Nevada Gold Strikes

👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go out and exploring the city. 🚎

📝 Here are the highlights

🧐 Gold Faces Pressure

👏 Nevada Gold Strikes

🐦 The Supply Race

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

🧐 Gold Faces Pressure

Gold is headed for its biggest weekly loss in six weeks, despite a small rebound today.

Rising oil prices driven by U.S.-Iran tensions have increased inflation concerns and strengthened expectations that the Federal Reserve could keep interest rates higher for longer, reducing gold's appeal.

Spot gold was trading just below $4,000/oz.

👏 Nevada Gold Strikes

Fortitude Gold Corp. (OTCQB: FTCO) reported new high-grade gold drill results from its East Camp Douglas Project in Nevada, USA.

Highlights:

  • 21.34 metres of 1.43 g/t gold, including:

    • 9.14 metres of 2.84 g/t gold.

  • 12.19 metres of 2.85 g/t gold, including:

    • 1.52 metres of 6.64 g/t gold.

  • 4.57 metres of 2.63 g/t gold, including:

    • 1.52 metres of 5.47 g/t gold.

The latest drilling represents the third round of high-grade results from White Rock West in 2026, with multiple holes confirming broad gold mineralisation.

Fortitude continues drilling with three rigs active as it works towards defining an initial resource at East Camp Douglas.

📰 In Other News

🐦 The Supply Race

First Phosphate Corp. - Sponsoring Partner of The Next Big Rush

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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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