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⛏️ This Week in Mining
July 13th — July 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! 🎯
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Source: TradingView, TradingEconomics and Numerco.
📰 Headlines
Sitka Gold Corp. (TSXV: SIG; OTCQX: SITKF) announced gold drill results from the Blackjack and Rhosgobel deposits at its 100%-owned RC Gold Project in Yukon, Canada.
Highlights:
348 metres of 1.12 g/t gold, including:
164 metres of 1.83 g/t gold, 45 metres of 3.49 g/t gold, 2 metres of 15.35 g/t gold and 2 metres of 13.65 g/t gold.
74.8 metres of 0.91 g/t gold, including:
56.1 metres of 1.12 g/t gold and 3.4 metres of 4.01 g/t gold.
28.1 metres of 1.08 g/t gold, including:
7.3 metres of 2.87 g/t gold.
Drilling at RC Gold is continuing to extend the Blackjack high-grade gold zone and expand mineralization at Rhosgobel, with multiple targets advancing across the project.
Sitka has now completed approximately 24,000 metres of its 60,000-metre 2026 program, with six drill rigs currently turning.
Banyan Gold Corp. (TSXV: BYN; OTCQB: BYAGF) reported new gold drill results from the Powerline Deposit at its AurMac Project in Yukon, Canada.
Highlights:
151.3 metres of 0.55 g/t gold, including:
31.4 metres of 0.86 g/t gold, 5.4 metres of 1.55 g/t gold, 12.6 metres of 1.15 g/t gold and 11.6 metres of 1.24 g/t gold.
5.0 metres of 2.44 g/t gold, including:
0.6 metres of 15.76 g/t gold.
8.8 metres of 1.49 g/t gold, including:
0.8 metres of 14.40 g/t gold.
The latest drilling continued to define high-grade mineralisation at Powerline Southwest, highlighting the potential to upgrade inferred resources and identify additional high-grade zones beyond the current resource.
The 70,000-metre drill program remains ahead of schedule, with more than 33,000 metres completed.
Miata Metals Corp. (TSXV: MMET; OTCQX: MMETF) revaled new gold drill results from the Jons Trend and Big Berg areas at its Sela Creek Gold Project in Suriname.
Highlights:
30 metres of 4.06 g/t gold, including:
14 metres of 8.20 g/t gold, 4.6 metres of 14.83 g/t gold, 1.2 metres of 36.20 g/t gold and 3.2 metres of 11.24 g/t gold.
15.75 metres of 1.78 g/t gold, including:
7 metres of 3.56 g/t gold.
16.5 metres of 2.15 g/t gold, including:
3 metres of 4.68 g/t gold.
Drilling results from the Jons Trend-Big Berg Corridor are strengthening Miata’s view of a broad, stacked and structurally controlled gold system, with the mineralized trend now extending approximately 1,300 metres and remaining open laterally and at depth.
The company continues to advance its fully funded 25,000-metre drill program at Sela Creek.
Scorpio Gold Corp. (TSXV: SGN; OTCQB: SRCRF) reported new gold drill results from the Goldwedge target and Zanzibar Trend at its Manhattan District Project in Nevada, USA.
Highlights:
97.99 metres of 2.05 g/t gold, including:
3.17 metres of 18.19 g/t gold, 4.57 metres of 11.41 g/t gold and 7.32 metres of 8.98 g/t gold.
33.53 metres of 1.60 g/t gold, including:
5.18 metres of 7.11 g/t gold.
16.15 metres of 2.10 g/t gold, including:
10.27 metres of 2.91 g/t gold.
The latest Phase Two drilling continues to expand gold mineralisation at the Manhattan District, with broad intercepts at Goldwedge and additional high-grade results along the Zanzibar Trend.
With 99 of 102 drill holes now reported, the project remains open in multiple directions and continues to demonstrate strong resource growth potential.
Auro Metals Inc. (TSXV: AURO; OTC Pink: AURFF) announced additional drill results from its Phase I drill program at the 100%-owned Santa Barbara Gold-Copper Project in Ecuador.
Highlights:
625.12 metres of 0.64 g/t gold and 0.10% copper.
130 metres of 0.60 g/t gold and 0.09% copper.
59 metres of 0.67 g/t gold and 0.10% copper.
The results continue to demonstrate the scale and consistency of gold-copper mineralization at Santa Barbara South, with all three holes intersecting broad mineralised zones from surface or near surface.
Mineralisation remains open in both the up-dip and down-dip directions, while drilling continues with four rigs on site and assays pending from 10 additional holes.
Metals Creek Resources Corp. (TSXV: MEK; OTC Pink: MCREF) revealed high-grade gold drill results from the Ogden Gold Project in Timmins, Ontario.
Highlights:
9.85 metres of 115.51 g/t gold, including:
3.10 metres of 356.85 g/t gold and 0.50 metres of 2,050 g/t gold.
The second-highest grade intercept reported to date at the Ogden Gold Project further validates the potential of the Thomas Ogden Zone fold structure, where high-grade gold mineralization is associated with intense folding, alteration and quartz veining.
The results continue to support Metals Creek’s geological model and highlight the project’s high-grade gold potential.
Aztec Minerals Corp. (TSXV: AZT; OTCQB: AZZTF) reported additional drill results from its 2025-2026 drilling program at the Tombstone Project in Arizona, USA.
Highlights:
198.1 metres of 1.30 g/t gold equivalent, including:
155.4 metres of 1.63 g/t gold equivalent, 44.2 metres of 2.60 g/t gold equivalent and 6.1 metres of 10.18 g/t gold equivalent.
32.0 metres of 0.26 g/t gold equivalent, including:
3.0 metres grading 35.50 g/t silver and 0.58% lead.
22.9 metres of 0.37 g/t gold equivalent.
Drilling continues to expand the near-surface oxide gold-silver mineralisation at the Contention Zone, extending the system along strike and significantly deeper while identifying additional targets across the Tombstone Project.
The results also include the first assays from Aztec's core drilling program, confirming CRD-style sulphide mineralisation at depth.
Founders Metals Inc. (TSXV: FDR; OTCQX: FDMIF) provided a mid-year exploration update from its fully funded 70,000-metre drill program at the Antino Gold Project in Suriname.
Highlights:
58.5 metres of 1.00 g/t gold, including:
18.0 metres of 1.59 g/t gold.
30.0 metres of 4.52 g/t gold.
23.0 metres of 5.31 g/t gold.
The latest exploration results confirm a new gold discovery at Antino Northeast while continuing to expand multiple mineralised systems across the project.
Drilling has also advanced Antino North, high-grade near-surface mineralisation at Maria Geralda and follow-up work at Antino West, where assays remain pending, highlighting the district-scale growth potential of the Antino Project.
Onyx Gold Corp. (TSXV: ONYX; OTCQX: ONXGF) reported new drill results from its Munro-Croesus Project in Ontario, Canada.
Highlights:
28.1 metres of 3.5 g/t gold, including:
17.8 metres of 5.3 g/t gold.
93.0 metres of 1.0 g/t gold, including:
20.0 metres of 2.0 g/t gold.
7.3 metres of 2.6 g/t gold, including:
1.5 metres of 8.8 g/t gold.
Drilling extended gold mineralisation at Argus North to more than 700 metres depth, while expanding Argus Main and identifying a new mineralised zone northeast of the existing system.
The results continue to highlight the scale and growth potential of the Argus Gold System.
ATERRA Metals Inc. (CSE: ATC; OTCQB: CSSCF) revealed Phase I drill results from its Totora Copper-Gold Project in Chile.
Highlights:
284 metres of 0.64% copper equivalent, including:
180 metres of 0.71% copper equivalent.
194 metres of 0.41% copper equivalent.
56 metres of 0.38% copper equivalent.
The Phase I drill program confirmed significant copper-gold mineralisation at both the Frontera Deposit and the Totora Porphyry, supporting the project's resource potential.
ATERRA plans to begin work on a maiden NI 43-101 compliant mineral resource estimate covering the Frontera, Totora and Clinton porphyry deposits.
Vior Gold Corporation Inc. (TSXV: VIO; OTCQB: VIORF) announced new drill results from its Ligneris Project in Québec, Canada.
Highlights:
2.9 metres of 5.17 g/t gold, including:
1.0 metre of 13.4 g/t gold.
2.0 metres of 7.37 g/t gold, including:
1.0 metre of 12.6 g/t gold.
3.7 metres of 3.45 g/t gold.
The latest drilling extended high-grade gold mineralisation laterally, expanding the South Zone to more than 1.3 kilometres and confirming continued growth potential at Ligneris.
Vior continues to advance its 30,000-metre drill program, with thousands of additional assays pending.
🧐 Gold Faces Pressure
Gold is headed for its biggest weekly loss in six weeks, despite a small rebound today.
Rising oil prices driven by U.S.-Iran tensions have increased inflation concerns and strengthened expectations that the Federal Reserve could keep interest rates higher for longer, reducing gold's appeal.
Spot gold was trading just below $4,000/oz.
Fortitude Gold Corp. (OTCQB: FTCO) reported new high-grade gold drill results from its East Camp Douglas Project in Nevada, USA.
Highlights:
21.34 metres of 1.43 g/t gold, including:
9.14 metres of 2.84 g/t gold.
12.19 metres of 2.85 g/t gold, including:
1.52 metres of 6.64 g/t gold.
4.57 metres of 2.63 g/t gold, including:
1.52 metres of 5.47 g/t gold.
The latest drilling represents the third round of high-grade results from White Rock West in 2026, with multiple holes confirming broad gold mineralisation.
Fortitude continues drilling with three rigs active as it works towards defining an initial resource at East Camp Douglas.
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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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