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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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📰 Headlines

Kirkland Lake Discoveries Corp. (TSXV: KLDC, OTCQB: KLKLF) reported drilling results from the Mirado property in Ontario, Canada.

Highlights:

• 14.7 metres of 2.46 g/t gold.

• 24.0 metres of 0.82 g/t gold.

• 1.8 metres of 12.52 g/t gold.

The latest drilling continued to support the continuity and scale potential of the Mirado hydrothermal system, with KLM26-006 extending North Zone mineralisation by around 125 metres vertically.

Visible gold intersected in hole KLM26-010, approximately 180 metres beyond the historical resource boundary, also strengthened confidence that mineralisation remains open along plunge and at depth.

Cygnus Metals Limited (ASX: CY5, TSXV: CYG, OTCQB: CYGGF) announced final infill drilling results from the Golden Eye deposit at the Chibougamau Copper-Gold Project in Quebec, Canada.

Highlights:

• 8.4 metres of 14.4 g/t gold, 1.3% copper and 12.5 g/t silver.

• 3.6 metres of 12.4 g/t gold, 2.2% copper and 22.3 g/t silver.

• 5.9 metres of 24.8 g/t gold, 2.7% copper and 31.5 g/t silver.

Drilling continues to confirm the continuity and grade of mineralisation at Golden Eye, with all results expected to support an updated resource estimate.

Cygnus also began exploration drilling at the Gwillim prospect targeting new resource growth, with historic high-grade gold intersections highlighting further upside potential across the Chibougamau district.

First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (OTCQX ADR: FPHOY) (FSE: KD0), a sponsoring partner of TNBR, reported an updated mineral resource estimate for the Bégin-Lamarche Phosphate Deposit, in Québec, Canada.

Highlights:

• 198.5 million tonnes of 6.00% phosphate.

• 89.5 million tonnes of 6.16% phosphate.

• 6.2 million tonnes of 7.70% phosphate.

The updated mineral resource estimate delivered a 378% increase in indicated mineral resources following the 2025-2026 drilling program.

Metallurgical testing also confirmed strong phosphate recovery rates and battery-grade phosphoric acid potential, while the deposit remains open at depth.

Nice!

StrikePoint Gold Corp. (TSXV: SKP) (OTCQB: STKXF) announced drilling results from the Hercules Gold Project in Nevada, USA.

Highlights:

• 114.30 metres of 0.69 g/t gold and 5.03 g/t silver, including:

  • 9.14 metres of 2.95 g/t gold and 16.18 g/t silver.

• 13.72 metres of 0.76 g/t gold and 1.66 g/t silver, including:

  • 1.52 metres of 5.94 g/t gold and 5.20 g/t silver.

• 15.24 metres of 0.17 g/t gold and 0.71 g/t silver.

StrikePoint said hole H26-004 returned the best drill intercept in the project’s history by grade-width and confirmed a broad near-surface oxide gold zone at the Cliffs target.

The company added that mineralisation remains open to the south and drilling is continuing to support a maiden resource estimate expected in Q4 2026.

Westhaven Gold Corp. (TSX-V: WHN) (OTCQB: WTHVF) revealed drilling results from the Shovelnose Project in British Columbia, Canada.

Highlights:

• 33.0 metres of 14.0 g/t gold and 78 g/t silver, including:

  • 8.12 metres of 47.56 g/t gold and 229 g/t silver.

• 24.63 metres of 9.51 g/t gold and 44 g/t silver, including:

  • 4.01 metres of 36.05 g/t gold and 123 g/t silver.

• 17.13 metres of 10.08 g/t gold and 82 g/t silver.

Resource infill drilling at the South Zone continues to confirm strong continuity and scale of high-grade mineralisation ahead of an updated mineral resource estimate and preliminary feasibility study.

The company added that the 2026 drilling program is progressing on schedule with four drills active at site.

Orvana Minerals Corp. (TSX: ORV) (OTCQX: ORVMF) reported drilling results from the Taguas Project in San Juan, Argentina.

Highlights:

• 205.00 metres of 0.25 g/t gold and 0.12% copper.

• 37.00 metres of 0.86 g/t gold and 0.69% copper.

• 16.80 metres of 0.32 g/t gold and 0.81% copper.

Petrographic studies and assay results continue to support the interpretation of a deep porphyry-related copper-gold system at Taguas, with additional assay results and technical studies expected ahead of the next drilling campaign.

Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) announced drilling results from the Contact Lake Gold Project in Saskatchewan, Canada.

Highlights:

• 11.25 metres of 17.88 g/t gold.

• 4.50 metres of 42.53 g/t gold.

• 1.00 metre of 93.44 g/t gold.

Drilling continues to confirm strong continuity of high-grade gold mineralisation at Contact Lake, with the BK3 Zone remaining open for expansion in all directions.

Scorpio Gold Corp. (TSXV: SGN | OTCQB: SRCRF) reported drilling results at the Manhattan District, Nevada, USA.

Highlights:

• 12.68 metres of 2.77 g/t gold, including:

  • 1.58 metres of 20.93 g/t gold.

• 2.41 metres of 7.52 g/t gold.

• 28.38 metres of 0.73 g/t gold.

Step-out drilling along the Zanzibar Trend continues to expand the mineralised footprint, with multiple intercepts confirming both higher-grade shoots and broader halo mineralisation along the corridor.

Group Eleven Resources Corp. (TSXV: ZNG | OTCQB: GRLVF) announced new drilling results from its Ballywire discovery at the PG West Project in the Republic of Ireland.

Highlights:

• 62.5 metres of 5.6% Zn+Pb and 25 g/t Ag, including:

  • 11.8 metres of 13.4% Zn+Pb and 45 g/t Ag,

  • and 4.6 metres of 22.4% Zn+Pb and 74 g/t Ag.

• 14.6 metres of 8.4% Zn+Pb and 44 g/t Ag, including:

  • 4.8 metres of 17.0% Zn+Pb and 82 g/t Ag.

• 6.8 metres of 5 g/t Ag and 0.10% Cu, including:

  • 1.0 metre of 22 g/t Ag and 0.26% Cu.

Drilling extends both high-grade Zn–Pb–Ag mineralisation and deeper Cu–Ag zones, including a large step-out confirming system scale and continuity across the broader discovery corridor.

GoldQuest Mining Corp. (TSXV: GQC | OTCQX: GDQMF) announced drilling results from the Romero Gold-Copper Project in the Dominican Republic.

Highlights:

• 38.6 metres of 45.01 g/t gold, 14.31 g/t silver, and 2.44% copper, including:

  • 26.85 metres of 63.82 g/t gold, 18.93 g/t silver, and 3.23% copper.

• 27.55 metres of 17.61 g/t gold, 6.07 g/t silver, and 1.40% copper, including:

  • 10.1 metres of 38.71 g/t gold, 10.80 g/t silver, and 2.76% copper.

• 30.5 metres of 16.47 g/t gold, 2.79 g/t silver, and 1.59% copper, including:

  • 11.6 metres of 34.46 g/t gold, 4.20 g/t silver, and 2.76% copper.

Metallurgical drilling confirmed multiple high-grade gold-copper intervals within the Romero deposit, while ongoing test work continues to support conventional flotation processing and feasibility study work.

Preliminary reconciliation against the existing resource model also showed higher gold, copper, and silver grades within evaluated areas.

👏 Gold Prices Rebound

Gold prices edged higher today, with spot gold trading around US$4,528.19 per ounce and US gold futures near US$4,559.10 per ounce, following recent heavy losses.

Reuters reported that the metal remains on track for a third straight monthly decline as investors weigh inflation concerns, oil prices, and expectations for higher US interest rates.

Hopes for a possible US-Iran ceasefire helped support prices, while weaker oil prices and a softer US dollar also offered some relief.

However, ongoing inflation fears linked to Middle East tensions continue to pressure gold, as higher interest rates reduce the appeal of non-yielding assets like bullion.

📺 Must Watch

🕵️‍♂️ Lobo Tiggre, AKA Louis James

Happy Speculating!

The Editor

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