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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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District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQX: DMXCF) (FSE: DFPP), a sponsoring partner of TNBR, has completed its first drill hole at Target A on the Viken Property in Jämtland County, central Sweden.
Highlights:
154.8 metres of Alum Shale from 43.7 metres downhole.
The intersection lines up with a conductive anomaly identified by the 2025 MobileMT geophysical survey. Geochemical results are still needed to confirm mineralisation, and drilling will continue across Target Areas A and B.
Eastport Critical Metals Corp. - Sponsoring Partner of The Next Big Rush
Rackla Metals Inc. (TSXV: RAK) (OTC: RMETF) has reported assay results from the first four drill holes at its Lentung tungsten project in the Northwest Territories, Canada.
Highlights:
17.95 metres of 2.28% WO3 and 0.09% Cu.
20.35 metres of 1.72% WO3 and 0.14% Cu.
17.90 metres of 1.67% WO3 and 0.06% Cu.
The mineralised zone outcrops at surface and dips shallowly, with the Central Zone tested over 600 metres of strike to date.
Results are consistent with historical Union Carbide data from 1982.
Patagonia Gold Corp. (TSXV: PGDC) has reported drill results from its Calcatreu Gold-Silver Project in Río Negro Province, Argentina.
Highlights:
8 metres of 15.71 g/t Au and 476.6 g/t Ag, including:
5 metres of 25.45 g/t Au and 808.4 g/t Ag.
1 metre of 68.3 g/t Au and 3,209 g/t Ag.
4 metres of 9.8 g/t Au and 12 g/t Ag, including:
2 metres of 17.65 g/t Au and 18.5 g/t Ag.
6 metres of 6.59 g/t Au and 19.17 g/t Ag, including:
1 metre of 34.1 g/t Au and 31 g/t Ag.
None of these results are in the current resource estimate, and the Belén and Nelson deposits remain open along strike and at depth.
Around 10,000 metres of further drilling is planned over the next 12 months.
Lux Metals Corp. (TSXV: LXM) has reported first assay results from its La Grande Gold Project in the James Bay region of Québec, Canada.
Highlights:
19.50 metres of 17.57 g/t gold, including:
8.00 metres of 39.08 g/t gold.
1.00 metre of 165 g/t gold.
The intercept at Zone 32 lies more than 40 metres from a known historical interval and is hosted in sheared tonalite with visible gold.
Drilling continues with two holes planned at depth, and assays are pending for all remaining holes.
Sitka Gold Corp. (TSXV: SIG, FSE: 1RF, OTCQX: SITKF) announced drill results from its RC Gold Project in Yukon, Canada.
Highlights:
236.0 metres of 1.15 g/t gold, including:
71.0 metres of 2.79 g/t gold.
36.3 metres of 3.31 g/t gold.
45.5 metres of 1.16 g/t gold, including:
4.5 metres of 9.26 g/t gold.
18.1 metres of 2.36 g/t gold.
The Saddle Zone sits within the Blackjack pit shell in an area classified as waste in the current resource, while step-outs at Eiger extend mineralisation west towards Saddle.
Around 58,000 metres have been drilled in 2026, with results pending from 84 holes and six rigs active.
Scottie Resources Corp. (TSXV: SCOT, OTCQB: SCTSF, FSE: SR80) announced drill results from the Blueberry Contact Zone at its Scottie Gold Mine Project in British Columbia, Canada.
Highlights:
4.15 metres of 27.9 g/t gold, including:
1.65 metres of 65.0 g/t gold
2.25 metres of 51.6 g/t gold, including:
1.25 metres of 84.1 g/t gold
4.26 metres of 21.9 g/t gold
Drilling aims to convert Inferred ounces to Indicated and extend known vein zones, with several intercepts lying beyond the current PEA mine plan.
More than 55,000 metres have been completed in 2026, with five drills active ahead of the next resource update.
Freegold Limited (TSX: FVL) (OTCQX: FGOVF) reported results from eight drill holes at its Golden Summit project in Alaska, United States.
Highlights:
213 metres of 1.24 g/t gold, including:
21 metres of 5.77 g/t gold.
3.1 metres of 32.7 g/t gold.
79.3 metres of 1.11 g/t gold.
18 metres of 2.47 g/t gold.
The project hosts 17.2 Moz Indicated at 1.24 g/t gold and 11.9 Moz Inferred at 1.04 g/t gold, and more than 58,000 metres drilled in 2026 to date will support a pre-feasibility study planned for 2027.
Auriginal Mining Corp. (TSXV: AUME) revealed assays from four drill holes at its Roger Project in the Chibougamau district of Quebec, Canada.
Highlights:
45.5 metres of 1.05 g/t gold, including:
8.0 metres of 4.37 g/t gold and 2.2 metres of 12.2 g/t gold.
29.4 metres of 1.32 g/t gold, including:
1.3 metres of 14.0 g/t gold.
23.2 metres of 1.35 g/t gold, including:
1.5 metres of 16.3 g/t gold.
Drilling has extended the system over at least 1.4 kilometres of strike and 150 metres below historical drilling, and it remains open in all directions.
Phase 2 is approximately 70% complete, with visible gold observed for the first time at Roger in a hole awaiting assays, and an updated Mineral Resource Estimate excluding 2026 drilling is expected before year-end.
Tower Resources Ltd. (TSXV: TWR) (OTC: TWRFF) announced gold results from two drill holes at its Rabbit North property near Kamloops, British Columbia, Canada.
Highlights:
20.3 metres of 3.13 g/t gold, including:
8.0 metres of 7.16 g/t gold.
134.0 metres of 0.65 g/t gold.
50.3 metres of 1.07 g/t gold, including:
3.6 metres of 4.15 g/t gold and 10.0 metres of 2.29 g/t gold.
The holes were drilled 50 metres southwest of the Blue Sky discovery hole to infill the 400-metre untested gap between the Blue Sky and Thunder North gold zones.
Results from the remaining three holes of the eight-hole June programme are pending.
BCM Resources Corporation (TSXV: B) has completed a diamond drill hole at its Thompson Knolls project in Millard County, Utah, USA.
Highlights:
304.8 metres of copper skarn mineralisation, including:
140 metres with more than 1% chalcopyrite by volume.
Copper mineralisation from 900 metres to 1,205 metres downhole in dolomitic marbles
Discontinuous sulphide mineralisation in Eureka quartzite from 1,245.4 metres
All observations are visual, and the core is being logged and sampled ahead of assays.
A geophysical survey over the project has been completed, and an inclined hole is now being drilled from the same platform to test for displaced porphyry copper and proximal skarn mineralisation.
😉 Gold Faces Headwinds
Gold prices edged higher today as a weaker US dollar and easing Treasury yields supported bullion, although the metal remained on track for a weekly loss of around 0.5%.
According to Reuters, spot gold rose 0.2% to $4,177.82 per ounce, while US gold futures climbed 0.7% to $4,199.10.
Investors are weighing stronger-than-expected US inflation data, which has increased concerns about further Federal Reserve interest-rate hikes, against expectations that policymakers may hold rates steady in October.
Lower bond yields and a softer dollar have helped gold recover from recent losses, but uncertainty over the Fed’s next move continues to limit its upside.
🕵️♂️ Lobo Tiggre, AKA Louis James
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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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