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👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go grocery shopping for the week. 🛒

📝 Here are the highlights

😎 Nutmeg Gold Revival

😉 Gold Price Pullback

🐦 Retail Meets Reality

📌 Daily Commodity Prices

😎 Nutmeg Gold Revival

NevGold Corp. (TSX-V: NAU | OTCQX: NAUFF | FRA: 5E50) reported drilling results, metallurgical recoveries and an upsized financing across its Limousine Butte and Nutmeg Mountain projects, United States.

Highlights:

• 100.6m of 1.93 g/t AuEq including:

  • 1.11% Sb over 6.1m.

• Up to 99% gold recovery from historic leach material.

• C$42.2M upsized financing at C$1.90 per share.

NevGold is advancing a dual gold–antimony strategy across Nevada and Idaho, combining strong reprocessing potential at Limousine Butte with a large-scale gold resource at Nutmeg Mountain.

A maiden antimony-gold resource is targeted for Q2 2026, with potential production in 2027.

😉 Gold Price Pullback

Gold prices edged lower today and are heading for their first weekly decline in about a month.

With spot gold hovering around $4,680–$4,700 per ounce as rising oil prices, driven by escalating U.S.– Iran tensions, fuel inflation concerns and push bond yields and the U.S. dollar higher, reducing the appeal of non-yielding assets like gold.

Despite this pullback, physical demand remains firm in key markets like China, while supply tightness has lifted premiums in India.

📰 In Other News

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Happy Speculating!

The Editor

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