⛏️ This Week in Mining

April 13th — April 17th, 2026

👷‍♀️ Greetings, Contrarian!

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! 🎯

📌 Weekly Commodity Prices

Source: TradingView, TradingEconomics and Numerco.

📰 Headlines

McFarlane Lake Mining Limited (CSE: MLM | OTC: MLMLF | FRA: W2Z) announced drilling results at the Juby Gold Project, Ontario, Canada.

Highlights:

  • 136 metres of 0.67 g/t gold.

  • 208.2 metres of 0.88 g/t gold.

  • 95.4 metres of 1.36 g/t gold.

Results from the Golden Lake deposit highlight broad gold intervals, with mineralisation now extended to over 400 metres along strike.

The intercepts exceeded expectations and support significant expansion potential, with additional holes confirming consistent mineralisation and further drilling planned to grow the system.

First Phosphate Corp. (CSE: PHOS | OTCQX: FRSPF), a sponsoring partner of TNBR, announced a non-binding letter of intent from Denmark’s Export Credit Agency (EIFO) for a guarantee of up to €170 million to support equipment and services financing for its igneous phosphate mining project in Quebec, Canada.

Backed by the Danish state, the potential AAA-rated guarantee would be provided to participating banks alongside other senior lenders, strengthening the project’s financing framework.

The agreement remains subject to due diligence, credit approval, and final structuring, but marks a significant step toward advancing funding for the project.

West Red Lake Gold Mines Ltd. (TSXV: WRLG | OTCQB: WRLGF) reported drilling results at the Madsen Mine, Ontario, Canada.

Highlights:

  • 5.35 metres of 215.46 g/t gold.

  • 4.05 metres of 50.34 g/t gold.

  • 3.0 metres of 61.70 g/t gold.

Drilling at the Austin 904 Complex continues to return exceptional high-grade gold, with results exceeding historic benchmark grades and confirming strong mineralisation within an intact 200m by 200m panel.

Early-stage definition drilling has only tested shallow portions of the zone, highlighting significant upside potential at depth and supporting future production plans from 2027.

Integra Resources Corp. (TSXV: ITR | NYSE American: ITRG) announced drilling results at the Florida Canyon Mine, Nevada, USA.

Highlights:

  • 138.1 metres of 0.32 g/t gold.

  • 128.0 metres of 0.36 g/t gold.

  • 102.1 metres of 0.30 g/t gold.

Drilling continues to define broad near-surface oxide gold mineralisation across historical dumps and in-situ zones, highlighting strong continuity and significant potential to expand resources close to existing infrastructure.

Results support low-cost growth opportunities, with mineralisation above cut-off grades and potential to extend mine life through efficient incorporation into future mine plans.

Tiger Gold Corp. (TSXV: TIGR | OTCQB: TGRGF | FSE: D150), a sponsoring partner of TNBR, reported drilling activity at the Ceibal target, Quinchía Gold Project, Colombia.

Highlights:

  • Drill program expanded from 1,500 metres to 5,000 metres.

  • Two drill rigs are now active at Ceibal.

  • Prior drilling returned up to 579 metres of ~0.5 g/t gold.

The team is accelerating work at the Ceibal porphyry target, increasing the initial drill program to 5,000 metres and deploying two rigs to rapidly probe a large, open mineralised corridor.

The programme aims to better define the scale and continuity of a broad gold–copper–molybdenum system, underpinned by historic long, consistent porphyry-style intercepts that point to the potential emergence of a major district-scale discovery at the Quinchía Project.

Way to go.

Awalé Resources Limited (TSXV: ARIC | OTCQX: AWLRF) reported drilling results at the Odienné Project, Côte d'Ivoire.

Highlights:

  • 7.0 metres of 18.9 g/t gold.

  • 5.0 metres of 24.8 g/t gold.

  • 7.0 metres of 9.2 g/t gold.

Step-down drilling at the Charger target continues to confirm strong high-grade gold mineralisation, extending continuity to depths of around 300 metres and reinforcing the potential for underground resource growth.

Results build confidence in the Charger 1 system, with further drilling underway and an initial resource estimate targeted for Q2 2026.

Trident Resources Corp. (TSXV: ROCK | OTCQB: TRDTF) reported drilling results at the Contact Lake Gold Project, Saskatchewan, Canada.

Highlights:

  • 38.48 metres of 4.61 g/t Au, including:

    • 26.14 metres of 5.48 g/t Au and higher-grade cores up to 33.16 g/t Au.

  • 10.70 metres of 11.97 g/t Au, including:

    • 2.65 metres of 39.26 g/t Au.

  • 3.50 metres of 8.18 g/t Au.

All reported holes intersected gold mineralisation, confirming strong continuity across the system.

Results extend mineralisation 200 metres along strike and at depth, supporting a laterally and vertically extensive gold system.

The winter drill programme has been expanded from 10,000 metres to 13,000 metres, with further aggressive drilling planned through 2026.

Sitka Gold Corp. (TSXV: SIG | OTCQX: SITKF) announced drilling results at the RC Gold Project, Yukon, Canada.

Highlights:

  • 128.0 metres of 0.115% WO₃.

  • 113.2 metres of 0.116% WO₃.

  • 152.3 metres of 0.109% WO₃.

Results confirm widespread tungsten mineralisation over an 850-metre strike within the Rhosgobel deposit, highlighting strong by-product potential alongside gold.

All analysed holes returned significant tungsten values within the existing resource, with metallurgical work underway and a 60,000-metre drill programme ongoing to further define scale.

Tiger Gold Corp. (TSXV: TIGR | OTCQB: TGRGF), a sponsoring partner of TNBR,  reported drilling results at the Quinchía Project, Colombia.

Highlights:

  • 169.7 metres of 0.9 g/t Au, including:

    • 25 metres of 2.2 g/t Au.

  • 17.1 metres of 1.5 g/t Au.

  • 10.0 metres of 1.4 g/t Au.

Results confirm broad porphyry-style gold mineralisation with higher-grade internal zones beneath the current resource pit, supporting strong continuity within the Tesorito system.

Ongoing drilling is targeting feeder-style mineralisation at depth, with multiple assays pending across the project as part of a 20,000-metre programme.

Nice.

Maple Gold Mines Ltd. (TSXV: MGM | OTCQX: MGMLF) reported drilling results at the Douay Project, Québec, Canada.

Highlights:

  • 74.0 metres of 1.1 g/t Au, including:

    • 13.5 metres of 2.8 g/t Au.

  • 138.0 metres of 1.0 g/t Au, including:

    • 9.0 metres of 3.1 g/t Au.

  • 21.6 metres of 1.4 g/t Au within broader bulk-tonnage intervals.

Drilling results confirm continuous higher-grade shoots at Nika and Porphyry West, with step-outs extending mineralisation at depth.

The system remains open and supports further resource growth.

Metalsource Mining Inc. (CSE: MSM | OTCQB: MSMMF) reported drilling results at the Silver Hill Project, North Carolina, USA.

Highlights:

  • 13.0 metres of 447 g/t AgEq, including:

    • 5.4 metres of 705 g/t AgEq.

  • 3.1 metres of 1,063 g/t AgEq.

  • 2.6 metres of 604 g/t AgEq.

Drilling continues to demonstrate increasing thickness and grade down dip, supporting a growing, laterally and vertically expanding system.

🧐 Gold Holds Tension

Gold prices held steady and are on track for a fourth consecutive weekly gain, supported by optimism around a potential U.S.– Iran peace deal and a softer U.S. dollar, which has boosted investor demand for the metal as a safe-haven asset.

Despite slight day-to-day fluctuations, the broader trend remains constructive, with easing inflation expectations and shifting interest rate outlooks continuing to underpin prices, although physical demand in key markets like India has weakened due to elevated prices.

Argenta Silver Corp. (TSXV: AGAG | OTCQX: AGAGF | FSE: T1K) reported drilling results from the El Quevar Project in Salta Province, Argentina.

Highlights:

  • 13.5 m of 679 g/t Ag, including:

    • 4.0 m of 1,163 g/t Ag.

  • 1.0 m of 2,100 g/t Ag.

  • 8.0 m of 185 g/t Ag, including:

    • 2.0 m of 337 g/t Ag, and 3.4 m of 0.85 g/t Au.

Step-out and infill drilling confirm strong high-grade silver continuity at Yaxtché, extending mineralisation beyond previous drill coverage and tightening spacing within the deposit, supporting further resource growth potential.

📺 Must Watch

🕵️‍♂️ 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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