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⛏️ This Week in Mining
February 9th — February 13th, 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 news of the week with you! 🎯
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Source: TradingView, TradingEconomics and Numerco.
📰 Headlines
FireFox Gold Corp. (TSXV: FFOX; OTCQB: FFOXF) reported drilling results from the Mustajärvi Gold Project, in Finland.
Highlights:
1.95 metres of 54.91 g/t gold, including:
1.05 metres of 101 g/t gold.
3.0 metres of 7.75 g/t gold, including:
1.0 metre of 18.65 g/t gold.
2.9 metres of 1.23 g/t gold.
Drilling extended the Northeast Zone by a 95 metre step-out, confirming high-grade gold mineralisation continues into the gap between the Northeast and East Zones.
Assays are pending from 19 additional holes.
Azimut Exploration Inc. (TSXV: AZM; OTCQX: AZMTF) reported drilling results from the Rosa Zone at the Wabamisk Property, in Québec, Canada.
Highlights:
28.80 metres of 1.29 g/t gold.
10.50 metres of 2.10 g/t gold.
4.60 metres of 2.99 g/t gold.
The maiden 3,633-metre drill program confirmed Rosa as a laterally continuous gold system traced over 1.4 kilometres and open in all directions.
A follow-up 2,000-metre drilling program is underway to expand the zone and test additional nearby targets.
Heritage Mining Ltd. (CSE: HML; FRA: Y66) reported drilling results from the Melba Mine Project, in Ontario, Canada.
Highlights:
1.0 metres of 42.57 g/t gold.
1.0 metres of 9.0 g/t gold.
4.85 metres of 1.09 g/t gold.
The drilling confirmed multiple high-grade gold intercepts and identified new near-surface gold zones, with several additional assays pending.
Scottie Resources Corp. (TSXV: SCOT; OTCQB: SCTSF) reported drilling results from the Blueberry Contact Zone at the Scottie Gold Mine Project, in British Columbia, Canada.
Highlights:
5.60 metres of 30.42 g/t gold, including:
2.00 metres of 25.90 g/t gold.
8.85 metres of 9.67 g/t gold, including:
4.05 metres of 17.05 g/t gold.
1.00 metre of 57.20 g/t gold, including:
1.00 metre of 44.31 g/t gold.
The drilling confirmed continuity of high-grade gold mineralisation within multiple vein zones, supporting the early underground mine plan outlined in the recently released PEA, and further guiding exploration and drill targeting for the 2026 season.
Capitan Silver Corp. (TSXV: CAPT) announced drilling results from the Cruz de Plata Project, in Durango, Mexico.
Highlights:
1.5 metres of 1,833.1 g/t silver equivalent.
1.5 metres of 1,541 g/t silver equivalent.
1.5 metres of 1,254.8 g/t silver equivalent.
The drilling expanded a new high-grade silver zone along the Jesus Maria Silver Trend near the Peñoles Fault, with additional assays pending from 24 drill holes.
Astra Exploration Inc. (TSXV: ASTR; OTCQB: ATEPF; FSE: S3I) announced drilling results from the La Manchuria Project, in Argentina.
Highlights:
3.1 metres of 1,286 g/t silver and 9.0 g/t gold, including:
0.9 metres of 3,102 g/t silver and 25.1 g/t gold.
1.4 metres of 16.4 g/t gold and 81 g/t silver, including:
0.6 metres of 34.7 g/t gold and 180 g/t silver.
The results confirmed high-grade mineralisation extending at depth and along strike in the West Feeder Zone, with assays pending from 19 additional drill holes.
Scorpio Gold Corp. (TSXV: SGN | OTCQB: SRCRF | FSE: RY9) reported drilling results from the Manhattan District Project, in Nevada, USA.
Highlights:
36.82 metres of 5.22 g/t gold, including:
4.88 metres of 19.86 g/t gold.
7.01 metres of 9.03 g/t gold, including:
1.37 metres of 41.21 g/t gold.
32.16 metres of 0.36 g/t gold.
The results from holes 25MN-041 to 25MN-043 continued to confirm strong gold mineralisation along the Reliance Trend, with 11 additional drill holes pending assays.
Mithril Silver and Gold Limited (TSXV: MSG | ASX: MTH | OTCQB: MTIRF) announced drilling results from the Copalquin Silver-Gold Project, in Durango, Mexico.
Highlights:
1.00 metre of 5.80 g/t gold and 1,308 g/t silver.
1.05 metres of 5.35 g/t gold and 771 g/t silver.
1.25 metres of 4.55 g/t gold and 409 g/t silver.
Target 5 maiden drilling confirms high-grade silver-gold mineralisation across multiple targets, with further drilling planned to expand the resource and explore district-scale potential.
Osisko Development Corp. (NYSE: ODV | TSXV: ODV) provided an infill drilling update from the Lowhee Zone at the Cariboo Gold Project, in British Columbia, Canada.
Highlights:
2.0 metres of 596.40 g/t gold, including:
0.5 metres of 2,293.56 g/t gold.
3.5 metres of 21.67 g/t gold, including:
0.5 metres of 135.44 g/t gold.
2.5 metres of 21.97 g/t gold, including:
0.5 metres of 88.08 g/t gold.
The team has completed 11,025 metres of drilling with results reported so far, representing around 80% of the planned 13,000-metre program, with the remaining assays still pending, and the program expected to conclude in early Q2 2026.
Formation Metals Inc. (CSE: FOMO | OTCQB: FOMTF | FSE: VF1) reported drilling results from its N2 Gold Project, in Quebec, Canada.
Highlights:
42.3 metres of 0.91 g/t gold, including:
8.1 metres of 2.04 g/t gold.
30.4 metres of 1.75 g/t gold, including:
10.5 metres of 3.51 g/t gold.
0.51 metres of 19.2 g/t gold.
The company mentioned the results confirm strong near-surface grade continuity and support potential for an open-pit resource, with 24 drill holes completed to date and additional results pending as drilling continues.
Bullion Gold Resources Corp. (TSXV: BGD) announced that drilling has resumed at the Bousquet Gold Project, in Quebec, Canada.
Highlights:
6.40 metres of 6.54 g/t gold from 183.0 metres.
7.90 metres of 6.20 g/t gold from 138.0 metres.
1.50 metres of 54.20 g/t gold from 235.5 metres.
Drilling is focused on the Paquin Prospect, following up high-grade intercepts from the 2025 maiden drill program, with eight holes planned to target the top 100 metres of the mineralisation.
😍 Gold’s Comeback Glow
Gold rose more than 1% today to around $4,970/oz as dip-buyers stepped in after a sharp 3% drop the previous day.
With strong demand in Asia (especially ahead of China’s Lunar New Year) helping drive the rebound, while investors now await key US CPI inflation data for clues on Federal Reserve rate cuts.
Silver also surged nearly 4% after an 11% fall, platinum, and palladium edged higher but remained on track for weekly losses, and ANZ lifted its Q2 gold forecast to $5,800/oz, calling gold an insurance asset amid uncertainty.
🤝 Myriad Acquires Rush
Myriad Uranium (CSE: M) has signed a definitive merger agreement to acquire 100% of Rush Rare Metals (CSE: RSH), issuing 1 Myriad share per 1.85 Rush shares.
The deal is designed to consolidate full ownership of the Copper Mountain Uranium Project in Wyoming, where Myriad already holds 75%, improving project control and valuation.
Rush will also spin out its Boxi Property (Quebec) into a new company, with Rush shareholders receiving 1 Spinco share per 4 Rush shares, in addition to Myriad shares.
🕵️♂️ 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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