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This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and share every piece of news of the week with you! 🎯
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Cambria Gold Mines Inc. (TSXV: CAMB) (OTCQX: CAMVF) reported infill drill results from the Silver Coin Deposit at its Premier Gold Project in British Columbia, Canada.
Highlights:
8.2 metres of 98.56 g/t Au, including:
1.0 metre of 794.00 g/t Au.
4.4 metres of 22.62 g/t Au, including:
1.0 metre of 93.80 g/t Au.
20.0 metres of 3.75 g/t Au, including:
1.0 metre of 19.95 g/t Au.
Mineralisation is hosted in quartz breccias with gold-bearing sulphide veins, with several domains open for expansion.
Results from over 14,000 metres of further drilling will inform an updated Mineral Resource Estimate and Feasibility Study targeted for H1 2027.
Karus Mining Inc. (CSE: KARU) announced initial drill results from the FG Gold Project in British Columbia, Canada.
Highlights:
14.55 metres of 4.80 g/t Au, including:
1.00 metre of 32.40 g/t Au.
3.75 metres of 2.88 g/t Au.
0.80 metres of 11.55 g/t Au.
Drilling targeted a structurally controlled vein corridor extending approximately 650 metres along strike and open to the northwest and southeast.
Assays from the remaining holes of the completed 3,944.3-metre programme are pending.
Four Nines Gold Inc. (CSE: FNAU) (OTCQB: FNAUF) (FWB: F8NA) reported drill results from the Hayden Hill Gold Project in California, USA.
Highlights:
80.1 metres of 1.08 g/t Au and 10 g/t Ag.
8.0 metres of 1.10 g/t Au and 15 g/t Ag.
Mineralisation lies within a north-south structural corridor beneath the historic Lookout Pit, open to the north, south and at depth.
Assays are pending from a further hole that intersected approximately 58 metres of silicified hydrothermal breccia.
The editor currently holds a position in this company.
K2 Gold Corporation (TSX-V: KTO; OTCQX: KTGDF; FSE: 23K) reported results from the final four holes of first-phase drilling at its Mojave Project in California, United States.
Highlights:
83.82 metres of 3.40 g/t Au, including:
48.77 metres of 4.98 g/t Au.
19.81 metres of 7.58 g/t Au.
100.58 metres of 1.01 g/t Au, including:
6.10 metres of 4.60 g/t Au.
28.95 metres of 3.11 g/t Au, including:
9.15 metres of 8.53 g/t Au.
The Dragonfly Zone sits midway along the 6.5 km Eastside Gold Trend, with all 15 reported holes intersecting oxide gold mineralisation over approximately 240 metres of strike.
Drilling is underway at the Newmont Zone, with assays pending for 27 holes.
Miata Metals Corp. (TSXV: MMET; FSE: 8NQ; OTCQX: MMETF) announced assay results from its Sela Creek Gold Project in Suriname.
Highlights:
43.0 metres of 2.42 g/t Au, including:
4.0 metres of 17.11 g/t Au.
25.6 metres of 1.96 g/t Au, including:
1.49 metres of 17.51 g/t Au.
14.1 metres of 2.23 g/t Au, including:
3.0 metres of 6.68 g/t Au.
Drilling between Jons Trend and Big Berg confirms a continuous 1.5 km mineralised corridor hosted in folded metasedimentary rocks, open along strike and at depth.
The 25,000 metre programme continues, testing high-grade zones to the southwest and extending strike length and depth.
White Gold Corp. (TSXV: WGO) (OTCQX: WHGOF) (FSE: 29W) revealed initial drill results from its White Gold Project in the Yukon, Canada.
Highlights:
38.08 metres of 1.47 g/t Au, including:
7.88 metres of 5.13 g/t Au.
18.90 metres of 2.53 g/t Au.
38.45 metres of 0.71 g/t Au, including:
6.18 metres of 1.14 g/t Au.
Drilling extended the Golden Saddle high-grade core approximately 50 metres west and VG mineralisation to around 350 metres down-plunge, with all deposits open.
Assays are pending for 49 holes and results will feed into future resource updates.
Endurance Gold Corporation (TSXV: EDG) (OTCQB: ENDGF) (FSE: 3EG) has reported assay results from six drill holes at its Reliance Gold Project in British Columbia, Canada.
Highlights:
5.2 metres of 5.89 g/t Au and 0.19% Sb, including:
2.0 metres of 8.54 g/t Au and 0.41% Sb.
10.9 metres of 3.96 g/t Au and 1.92% Sb, including:
2.0 metres of 9.71 g/t Au and 0.41% Sb.
16.2 metres of 2.24 g/t Au and 0.06% Sb, including:
0.6 metres of 11.75 g/t Au and 0.42% Sb.
Step-out drilling extended the Imperial and Lower Imperial Zones by up to 55 metres along the Royal Shear trend, and five holes intersected previously undefined high-grade structures in the footwall.
Drilling continues at the Crown Zone, with assay results being compiled.
Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) has released assay results from the first three holes of its Phase I drilling programme at the Crown property in British Columbia’s Golden Triangle, Canada.
Highlights:
407.55 metres of 0.39 g/t AuEq.
300 metres of 0.43 g/t AuEq.
25.5 metres of 1.97 g/t AuEq, including:
15.0 metres of 2.89 g/t AuEq.
Mineralisation is hosted in silicified felsic volcanic rocks along the western edge of a north-south IP chargeability anomaly, on trend with the KSM and Treaty Creek deposits.
Results from the remaining four holes are pending, and an expanded drilling programme is planned for next year.
Gold Strike Resources Corp. (TSXV: GSR) (OTC Pink: GDSRF) has reported assay results from the first hole of its 2026 drill programme at the Florin Gold Project in Yukon, Canada.
Highlights:
400 metres of 0.53 g/t gold, including:
50 metres of 1.07 g/t gold.
1 metre of 11.5 g/t gold.
50 metres of 0.27 g/t gold.
39 metres of 0.22 g/t gold.
The deeper intervals indicate gold mineralisation at depths not previously tested by historical drilling.
Assays are pending from the remaining ten holes of the 11-hole programme.
Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) has announced drill results from its New Polaris Gold Project in British Columbia, Canada.
Highlights:
4.64 metres of 52.8 g/t gold and 0.83% antimony, including:
2.64 metres of 69.8 g/t gold and 0.13% antimony.
7.33 metres of 24.6 g/t gold, including:
1.18 metres of 70.4 g/t gold.
10.00 metres of 8.04 g/t gold.
The drilling targeted the high-grade gold and antimony zone, and most of these intervals lie outside the current mineral resource model.
Results from the remaining holes of the completed infill and expansion programme are still to be reported.
Aztec Minerals Corp. (TSXV: AZT) (OTCQB: AZZTF) has revealed oxide gold-silver drill results from the North Extension at its Tombstone Property in Arizona, United States.
Highlights:
115.8 metres of 0.67 g/t AuEq, including:
12.2 metres of 1.63 g/t AuEq.
30.5 metres of 1.15 g/t AuEq, including:
12.2 metres of 2.26 g/t AuEq.
47.2 metres of 0.66 g/t AuEq, including:
7.6 metres of 2.14 g/t AuEq.
Step-out drilling extended the oxide footprint approximately 190 metres west, with mineralisation open to the west, north and at depth.
A maiden Mineral Resource Estimate is expected in November 2026.
Nevada Canyon Gold Corp. (OTCQX: NGLD) announced drill results from its 2026 reverse circulation programme at the Lapon Canyon Gold Project in Nevada, United States.
Highlights:
47.25 metres of 2.07 g/t Au, including:
30.48 metres of 3.07 g/t Au.
48.77 metres of 2.02 g/t Au, including:
7.62 metres of 6.61 g/t Au.
38.10 metres of 1.29 g/t Au, including:
9.14 metres of 2.62 g/t Au.
Mineralisation hosted in monzonite, along with elevated copper values, points to a possible intrusive-related gold system.
An initial NI 43-101 mineral resource estimate is now expected in the first half of 2027.
📉 Gold Under Pressure
Gold fell today with spot prices slipping 0.3% to $4,013.34 per ounce, putting the metal on track for its steepest weekly decline in more than four months, down 3.6%.
Rising oil prices, fuelled by renewed tensions in the Middle East, have heightened inflation concerns and strengthened expectations that US interest rates could remain elevated for longer, reducing gold's appeal as a non-yielding asset.
Investors are now focused on the Federal Reserve's meeting next week and upcoming US inflation data, while the key $4,000-per-ounce level remains an important threshold for the market.
How Are We Doing?
Happy Speculating!
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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