⛏️ NexGold Golden Thread

PLUS: Gold At Crossroads

👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go to fill up the car. ⛽🚘

📝 Here are the highlights

😎 NexGold Golden Thread

🧐 Gold At Crossroads

🐦 Uranium Breaks Higher

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

😎 NexGold Golden Thread

NexGold Mining Corp. (TSXV: NEXG | OTCQX: NXGCF) reported drilling results at the Goldlund Deposit, Ontario, Canada.

Highlights:

  • 25.6 metres of 1.79 g/t gold.

  • 10.5 metres of 3.22 g/t gold.

  • 11.0 metres of 1.49 g/t gold.

The results come from infill drilling in Zone 4 and confirm strong continuity of mineralisation over a ~100-metre dip extent.

Drilling is targeting conversion of inferred resources to indicated and supporting potential open-pit optimisation, with mineralisation remaining open at depth.

🧐 Gold At Crossroads

Gold rose more than 1% to around $4,790 per ounce, supported by a weaker US dollar and persistent geopolitical uncertainty even as signs of a US–Iran ceasefire emerged, highlighting that safe-haven demand remains intact.

Market participants are now closely focused on upcoming US inflation (CPI) data, which is expected to play a key role in shaping expectations around future interest rate decisions by the Federal Reserve.

Analysts note that while easing geopolitical tensions could cap further gains in the short term, any indication of slowing inflation or a pause in rate hikes would likely provide additional upside for gold.

Overall, the price action underscores how sensitive gold remains to a combination of macroeconomic signals, currency movements, and global political developments.

📰 In Other News

🐦 Uranium Breaks Higher

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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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