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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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Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) reported drilling results from the Eldorado West Project in Eastern Oregon, USA.

Highlights:

• 116.74 metres of 1.82 g/t gold, including:

  • 12.34 metres of 8.31 g/t gold.

• 25.60 metres of 4.70 g/t gold.

• 38.86 metres of 0.46 g/t gold.

The results increase confidence in the size and scale of the mineralised system, with mineralisation remaining open at depth and a fully funded 2026 core drilling campaign set to commence shortly.

Spanish Mountain Gold Ltd. (TSX-V: SPA) (OTCQB: SPAUF) revealed drilling results from the Spanish Mountain Gold Project in British Columbia, Canada.

Highlights:

• 69.20 metres of 0.74 g/t gold, including:

  • 14.85 metres of 2.05 g/t gold.

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

  • 3.60 metres of 3.01 g/t gold.

• 193.00 metres of 0.41 g/t gold, including:

  • 10.25 metres of 2.31 g/t gold.

The latest drilling confirms near-surface grade continuity and expands the Orca-style mineralisation along the eastern side of the Main Deposit.

Drilling continues with two rigs on site and two additional rigs scheduled to be mobilised to further test the Orca Fault Corridor and the high-grade K-zone target.

Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF) announced drilling results from the Luanga PGM+Au+Ni deposit in Pará State, Brazil.

Highlights:

• 51 metres of 3.67 g/t PGM+gold and 0.33% nickel, including:

  • 23 metres of 5.59 g/t PGM+gold and 0.44% nickel.

• 50 metres of 2.55 g/t PGM+gold and 0.20% nickel.

• 6 metres of 13.50 g/t PGM+gold and 0.21% nickel.

The latest infill and extensional drilling continues to demonstrate the potential to expand and upgrade the Luanga mineral resource, with deeper drilling intersecting similar or greater mineralised thicknesses and higher nickel sulphide grades.

Mineralisation remains open at depth.

🐦 First Phosphate Advances

First Phosphate Corp. - Sponsoring Partner of The Next Big Rush

Radisson Mining Resources Inc. (TSXV: RDS; OTCQX: RMRDF) reported new drilling results from its O'Brien Gold Project in Québec, Canada.

Highlights:

• 5.1 metres of 316.31 g/t gold, including:

  • 1.0 metre of 1,603.95 g/t gold.

• 3.9 metres of 46.22 g/t gold, including:

  • 1.3 metres of 132.28 g/t gold.

• 2.6 metres of 8.60 g/t gold, including:

  • 1.5 metres of 13.87 g/t gold.

The record intercept was returned from hole OB-26-385W4 and may represent a new zone of very high-grade mineralisation outside the current resource area.

Additional drilling at Trend #1 extended high-grade mineralisation at depth, while drilling in the gap between Trend #1 and Trend #2 identified further mineralisation in a previously underexplored area.

West Red Lake Gold Mines Ltd. (TSXV: WRLG; OTCQX: WRLGF) announced new high-grade drilling results from the Austin 955 and Austin 904 complexes at the Madsen Mine in Ontario, Canada.

Highlights:

• 3.85 metres of 43.38 g/t gold, including:

  • 0.5 metres of 291.94 g/t gold.

• 3.10 metres of 53.87 g/t gold, including:

  • 0.5 metres of 322.89 g/t gold.

• 13.35 metres of 10.22 g/t gold, including:

  • 1.1 metres of 69.85 g/t gold.

The latest drilling continued to define significant gold mineralisation within the Austin 904 Complex and returned several high-grade intercepts from the shallower Austin 955 area, where multiple occurrences of visible gold were observed.

The company is advancing drilling across the upper portions of the 904 Complex and plans to test the area at depth as underground development opens additional drill access.

Tiger Gold Corp. (TSXV: TIGR), a sponsoring partner of TNBR,  has completed its acquisition of a 100% interest in the Quinchía and Andes Gold projects in Colombia's Mid-Cauca belt and is accelerating exploration following its recently completed C$21 million financing.

Three drill rigs are currently operating at Quinchía, with a fourth expected in August, as the company launches a 22,000-metre drill program focused on expanding resources at Ceibal and other priority targets, including Chuscal.

Management said the fully funded campaign aims to double the project's current mineral resource base while advancing Quinchía as a district-scale gold system.

Abcourt Mines Inc. (TSXV: ABI; OTCQB: ABMBF) reported new drilling results from its Flordin Gold Project in Québec, Canada.

Highlights:

• 153.0 metres of 0.5 g/t gold, including:

  • 2.1 metres of 10.9 g/t gold.

• 29.5 metres of 0.3 g/t gold, including:

  • 1.0 metre of 3.9 g/t gold.

• 22.5 metres of 0.3 g/t gold, including:

  • 1.0 metre of 2.3 g/t gold.

The first drill hole completed in the South Zone during the 2026 campaign confirmed a broad gold-mineralised envelope in an area with limited previous exploration, while drilling at Cartwright and the 25-02 stripping area extended the mineralised system and confirmed continuity at depth and along strike.

Additional South Zone drill results are pending, with a further 10,000-metre drill program planned following geophysical surveys.

Viva Gold Corp. (TSXV: VAU; OTCQB: VAUCF) reported final assay results from its 2026 reverse circulation drill program at the 100%-owned Tonopah Gold Project in Nevada, USA.

Highlights:

• 35.1 metres of 1.62 g/t gold and 16.7 g/t silver, including:

  • 1.5 metres of 18.4 g/t gold and 76.9 g/t silver.

• 38.1 metres of 0.89 g/t gold and 6.78 g/t silver, including:

  • 6.1 metres of 3.56 g/t gold and 22.45 g/t silver.

• Nineteen drill holes totalling 3,210 metres completed, with 16 holes targeting resource growth in the main pit area.

The drill program expanded gold mineralisation both within and beyond the 2025 resource pit, while a three-hole fence at Midway Hills discovered a new gold zone that remains open in all directions.

Results are being incorporated into an updated resource model to support the project's pre-feasibility study.

West Point Gold Corp. (TSXV: WPG; OTCQX: WPGCF) reported new drill results from the Northeast Tyro zone at its Gold Chain Project in Arizona,USA.

Highlights:

• 56.4 metres of 4.24 g/t gold, including:

  • 28.9 metres of 7.77 g/t gold.

• 68.2 metres of 2.20 g/t gold, including:

  • 34.3 metres of 3.57 g/t gold.

• High-grade zone remains open at depth and in all directions.

The latest drilling indicates the Northeast Tyro vein system widens with depth and extends at least 270 metres below surface.

The results are expected to support the company's maiden mineral resource estimate, planned for later in 2026, with assays from 19 additional drill holes still pending.

Roxmore Resources Inc. (TSX: RM; OTCQX: GARLF) announced new gold and silver drill results from its Converse Gold Project in Nevada, USA.

Highlights:

• 247.2 metres of 0.51 g/t gold and 3.79 g/t silver, including:

  • 34.3 metres of 1.25 g/t gold.

• 68.6 metres of 0.87 g/t gold and 3.48 g/t silver, including:

  • 21.3 metres of 1.74 g/t gold.

• 59.4 metres of 0.82 g/t gold and 2.99 g/t silver, including:

  • 25.9 metres of 1.10 g/t gold.

The initial drilling confirmed the updated geological model, returned higher grades than expected in inferred areas and has the potential to upgrade resources while extending mineralisation beyond the current pit shell.

The 30,000-metre drill program is ongoing.

NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) revealed additional reverse circulation infill drill results from its Goldboro Gold Project in Nova Scotia, Canada.

Highlights:

• 6.0 metres of 12.06 g/t gold, including:

  • 1.0 metre of 67.41 g/t gold.

• 18.0 metres of 3.84 g/t gold, including:

  • 1.0 metre of 28.04 g/t gold.

• 7.0 metres of 9.31 g/t gold, including:

  • 1.0 metre of 63.55 g/t gold.

Results continued to confirm the continuity, thickness and grade of near-surface gold mineralisation within the planned West Pit.

The success of the program prompted NexGold to expand its reverse circulation drilling from 30,000 metres to 40,000 metres to support resource refinement and mine planning.

🧐 Inflation Hits Gold

Gold prices fell today and were on track for a weekly loss of nearly 2%, with spot gold slipping around 0.6% to about US$4,098 per ounce.

Rising oil prices, driven by escalating U.S.-Iran tensions, have increased concerns that higher energy costs could fuel inflation and keep interest rates elevated, reducing the appeal of non-yielding assets such as gold.

Investors are now focused on upcoming U.S. inflation data and further signals from the Federal Reserve for clues on the direction of monetary policy.

GR Silver Mining Ltd. (TSXV: GRSL; OTCQX: GRSLF) reported new high-grade silver drill results from the San Marcial Area at its Plomosas Project in Mexico.

Highlights:

• 21.9 metres of 168 g/t silver, including:

  • 6.15 metres of 447 g/t silver.

• 2.85 metres of 340 g/t silver and 0.32 g/t gold, including:

  • 1.75 metres of 450 g/t silver.

• 0.75 metres of 5.34 g/t gold.

The latest drilling extended high-grade silver mineralisation by at least 150 metres southeast of the current resource boundary and confirmed additional mineralised structures at the Parallel Breccia target.

The results support the ongoing 20,000-metre resource expansion drill program and highlight further growth potential at San Marcial.

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Happy Speculating!

The Editor

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