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

Highlights:

• 155 metres of 0.59 g/t gold, including:

  • 75.8 metres of 0.70 g/t gold.

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

  • 4.8 metres of 3.37 g/t gold.

• 47.0 metres of 0.70 g/t gold, including:

  • 13.1 metres of 1.92 g/t gold.

Additional assay results are pending, while an updated mineral resource estimate and further drilling at the 826 Zone are expected in the coming weeks.

Magna Mining Inc. (TSXV: NICU | OTCQX: MGMNF) announced drilling results at the Levack Mine, Ontario, Canada.

Highlights:

• 3.4 metres of 9.4% copper, 2.3% nickel, 19.8 g/t gold and 8.8 g/t platinum+palladium (29.7% CuEq).

• 1.5 metres of 18.7% copper, 0.7% nickel, 44.3 g/t gold and 15.9 g/t platinum+palladium (57.0% CuEq).

• 1.1 metres of 22.5% copper, 1.4% nickel, 49.9 g/t platinum+palladium+gold and 135.0 g/t silver (43.9% CuEq).

The zone remains open both up-dip and at depth, while underground development and additional drilling are advancing ahead of a Preliminary Economic Assessment expected in Q3 2026.

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

Highlights:

• 214.5 metres of 0.97 g/t gold, including:

  • 106.9 metres of 1.36 g/t gold and 2.0 metres of 15.45 g/t gold.

• 197.0 metres of 1.06 g/t gold, including:

  • 2.0 metres of 9.95 g/t gold.

• 153.1 metres of 1.33 g/t gold, including:

  • 110.0 metres of 1.63 g/t gold and 2.0 metres of 12.35 g/t gold.

The results from six drill holes continue to expand and infill the Blackjack deposit.

Sitka has completed over 18,000 metres of expansion drilling across 40 holes since the January 2025 resource estimate, while approximately 17,600 metres have been drilled this year as part of the company's fully funded 60,000-metre drill programme.

Six drill rigs are currently operating across the RC Gold Project, with assays pending for the remaining holes.

Trident Resources Corp (TSXV:ROCK | OTCQB:TRDTF) announced inaugural drill results from its 2026 winter programme at the Preview Southwest Deposit within the Contact Lake Gold Project, La Ronge Gold Belt, Saskatchewan, Canada.

Highlights:

• 132.0 metres of 1.32 g/t gold including:

  • 40.32 metres of 2.85 g/t gold.

• 51.0 metres of 1.53 g/t gold including:

  • 24.72 metres of 2.75 g/t gold.

• 77.59 metres of 1.08 g/t gold.

The first drilling at Preview Southwest confirms both bulk-tonnage and high-grade potential within a district-scale mineralised system, reinforcing geological continuity between the Preview Trend and the nearby Contact Lake deposit, with further drilling now underway under a fully funded 2026 exploration programme.

Gold Terra Resource Corp. (TSXV: YGT) (OTCQB: YGTFF) announced drilling results from the Yellorex area at the Con Mine Option Property in Northwest Territories, Canada.

Highlights:

• 19.0 metres of 5.88 g/t gold, including:

  • 4.0 metres of 18.50 g/t gold.

• 26.1 metres of 2.18 g/t gold, including:

  • 3.2 metres of 10.27 g/t gold.

• 3.5 metres of 19.39 g/t gold.

The latest drilling results from the Yellorex zone continue to confirm and expand gold mineralisation along the Campbell Shear structure at the historic Con Mine.

All reported holes intersected the Campbell Shear, with the deposit remaining open at depth, supporting the potential to expand Gold Terra's near-surface mineral resource estimate on the Con Mine Option Property.

Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) reported drill results from the Phase Two programme at the Black Mammoth target within the Manhattan District Project, Nevada, USA.

Highlights:

• 13.38 metres of 2.56 g/t gold including:

  • 3.84 metres of 8.38 g/t gold.

• 11.98 metres of 6.95 g/t gold.

• 18.01 metres of 0.83 g/t gold including:

  • 9.91 metres of 1.26 g/t gold.

The latest step-out holes continue to define a volcanic-hosted mineralised corridor within the Manhattan Caldera, alongside the sediment-hosted Zanzibar Trend.

The company believes the results demonstrate mineralisation remains open well beyond the current resource-constraining pit, providing multiple high-priority targets for ongoing drilling.

Andina Copper Corporation (TSXV: ANDC | OTCQX: ANDC) announced copper intercepts from its Cobrasco Project in Chocó, Colombia.

Highlights:

• 502 metres of 0.40% Cu, 73 ppm Mo, 1.22 g/t Ag from 38 metres, including:

  • 388 metres of 0.44% Cu, 36 ppm Mo, 1.28 g/t Ag from 38 metres.

  • 186 metres of 0.50% Cu, 22 ppm Mo, 1.48 g/t Ag from 38 metres.

Drilling continues to expand the Cobrasco Central system, with mineralisation now defined over approximately 1,200 metres by 550 metres and remaining open in all directions, while additional step-out drilling and a second rig are being prepared to accelerate exploration.

Heliostar Metals Ltd. (TSXV: HSTR; OTCQX: HSTXF) reported drilling results at the Ana Paula project in Guerrero, Mexico.

Highlights:

• 99.8 metres of 10.90 g/t gold, including:

  • 77.5 metres of 12.94 g/t gold.

• 37.0 metres of 6.95 g/t gold, including:

  • 17.7 metres of 10.93 g/t gold.

• 21.6 metres of 10.38 g/t gold, including:

  • 6.9 metres of 26.18 g/t gold.

The results extend both the High Grade Panel and Expansion Zone, confirming strong continuity of high-grade gold mineralisation and further step-out potential in multiple directions.

Drilling remains ongoing at Ana Paula as the company advances work toward a feasibility study.

NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) reported drilling results at the Goldboro Gold Project in Nova Scotia, Canada.

Highlights:

• 12.0 metres of 61.22 g/t gold, including:

  • 1.0 metre of 685 g/t gold and 1.0 metre of 36.69 g/t gold.

• 13.0 metres of 5.85 g/t gold, including:

  • 1.0 metre of 61.2 g/t gold.

• 13.0 metres of 3.72 g/t gold, including:

  • 1.0 metre of 11.83 g/t gold.

The results come from an infill reverse circulation drill programme designed to upgrade parts of the Goldboro resource from indicated to measured classification ahead of a potential investment decision later in 2026. Drilling is ongoing, with assays expected to continue feeding into future resource and feasibility updates.

Nuvau Minerals (TSXV: NMC) reported drilling results from the Thundermine target at the Matagami Mining Camp in Canada.

Highlights:

• 6.10 metres of 5.28 g/t gold, including:

  • 3.10 metres of 7.22 g/t gold.

• 45.90 metres of 0.24 g/t gold, including:

  • 0.40 metres of 6.02 g/t gold.

• Base metal mineralisation intersected with assays pending.

The first drill hole at Thundermine in nearly 40 years confirmed both gold and VMS-style mineralisation, with gold intersected around 200 metres below historical drilling.

Nuvau believes the results indicate a potentially large gold-bearing hydrothermal system that remains open at depth, with follow-up drilling already underway using a second rig.

🧐 Gold Weekly Decline

Gold prices edged higher today after softer-than-expected U.S. inflation data weakened the U.S. dollar, with spot gold rising to around US$4,038/oz.

Despite the rebound, bullion remains on track for its fourth consecutive weekly decline, pressured by expectations that the U.S. Federal Reserve will keep interest rates higher for longer.

Gold briefly fell below the US$4,000/oz level earlier this week for the first time since November 2025, reflecting cautious investor sentiment.

Happy Speculating!

The Editor

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