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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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Gold X2 Mining Inc. (TSXV: AUXX | OTCQB: GSHRF) reported drilling results at the Moss Gold Project, Northwest Ontario, Canada.

Highlights:

• 9.0 metres of 3.13 g/t Au, including:

  • 3.95 metres of 6.94 g/t Au.

• 42.0 metres of 0.47 g/t Au.

• 16.7 metres of 1.04 g/t Au.

Drilling identified a new high-grade Superion-style shear west of the existing zone, confirming expansion potential along the deposit margin.

Additional shallow mineralised shears within the conceptual pit, previously considered waste, highlight opportunities to improve project economics through reduced strip ratios.

🧐 Dollar Pressures Gold

Gold prices slipped today as a stronger US dollar and robust US jobs data reduced expectations for Federal Reserve rate cuts, outweighing safe-haven demand from escalating Middle East tensions.

Spot gold fell around 0.4% to roughly $4,659 per ounce, with rising bond yields and a “higher-for-longer” interest rate outlook making the non-yielding metal less attractive, even as conflict around the Strait of Hormuz continues to support inflation concerns and underlying geopolitical risk.

Revival Gold Inc. (TSXV: RVG | OTCQX: RVLGF) reported drilling results at the Mercur Gold Project, Utah, USA.

Highlights:

• 74 metres of 2.8 g/t Au, including:

  • 12 metres of 8.0 g/t Au.

• 84 metres of 1.1 g/t Au.

• 82 metres of 1.0 g/t Au.

Final 2025 drilling results confirm broad, near-surface gold mineralisation alongside high-grade shoots at South Mercur, highlighting strong exploration upside at depth.

Results support both heap leach potential and future resource growth, with further drilling planned and a pre-feasibility study targeted for 2027.

Cabral Gold Inc. (TSXV: CBR | OTCQX: CBGZF) announced drilling results at the Cuiú Cuiú Gold District, Brazil.

Highlights:

• 48 metres of 1.35 g/t Au.

• 17 metres of 2.27 g/t Au.

• 50 metres of 1.35 g/t Au.

Infill drilling at the MG deposit confirms broad, near-surface gold mineralisation within oxide material, supporting a robust starter pit and heap leach potential.

Results are expected to upgrade reserves and refine the mine plan ahead of planned production, enhancing confidence in early-stage mining performance.

Liberty Gold Corp. (TSX: LGD | OTCQX: LGDTF) reported drilling results at the Black Pine Gold Project, Idaho, USA.

Highlights:

• 19.8 metres of 1.04 g/t gold, including:

  • 3.0 metres of 5.28 g/t gold.

• 41.1 metres of 0.68 g/t gold, including:

  • 4.6 metres of 1.47 g/t gold.

• 50.3 metres of 0.64 g/t gold, including:

  • 7.3 metres of 2.27 g/t gold.

Final results from the 2025 drill program confirm continued growth at Rangefront and new high-grade zones at Discovery, supporting a 25% increase in indicated resources and ongoing expansion potential.

Newcore Gold Ltd. (TSXV: NCAU | OTCQX: NCAUF) announced drilling results at the Enchi Gold Project, Ghana.

Highlights:

• 15.5 metres of 1.59 g/t gold, including:

  • 6.4 metres of 3.22 g/t gold.

• 41.0 metres of 0.69 g/t gold and 10.5 metres of 1.00 g/t gold.

• 41.0 metres of 0.48 g/t gold, including:

  • 4.5 metres of 2.26 g/t gold.

The results highlight significant resource growth potential, with mineralisation remaining open and drilling ongoing as part of the 60,000 metre program.

Heliostar Metals Ltd. (TSXV: HSTR | OTCQX: HSTXF) reported drilling results at the Ana Paula Project, Mexico.

Highlights:

• 101.0 metres of 5.34 g/t gold from 512.5 metres.

• 8.75 metres of 9.11 g/t gold from 484.65 metres and 7.15 metres of 6.98 g/t gold from 464.3 metres.

• 27.2 metres of 2.26 g/t gold from 647.0 metres.

Drilling in the Expansion Zone continues to confirm high-grade mineralisation extending at depth, with the headline intercept exceeding modelled limits and remaining open along strike and down plunge.

Results support multiple mineralised zones and highlight strong potential to add ounces to a future mine plan, with further assays pending.

FireFox Gold Corp. (TSXV: FFOX | OTCQB: FFOXF) announced drilling results at the Mustajärvi Gold Project, Finland.

Highlights:

• 5.0 metres of 6.29 g/t gold from 116 metres and 13.0 metres of 4.57 g/t gold from 163.8 metres.

• 9.85 metres of 3.52 g/t gold from 203 metres and 3.0 metres of 4.63 g/t gold from 219 metres.

• 3.0 metres of 12.07 g/t gold from 70 metres.

Ongoing drilling has successfully extended the East Zone to the southwest, confirming continuity of high-grade mineralisation both near surface and at depth.

The zone now spans approximately 400 by 250 metres and remains open in multiple directions, with further results expected as drilling continues along the broader mineralised trend.

West Point Gold Corp. (TSXV: WPG | OTCQB: WPGCF) revealed drilling results at the Gold Chain Project, Arizona, USA.

Highlights:

• 32.0 metres of 1.05 g/t gold from 9.1 metres.

• 15.3 metres of 1.24 g/t gold from 19.8 metres and 19.8 metres of 1.42 g/t gold from 51.8 metres.

• 7.6 metres of 2.41 g/t gold from 61.0 metres.

Initial drilling at the Sheep Trail target confirms shallow gold mineralisation over a strike length exceeding 1 kilometre, supporting its potential as a third resource area at Gold Chain.

Step-out success and ongoing drilling across multiple targets highlight strong district-scale upside, with further results pending.

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.

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Happy Speculating!

The Editor

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