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

Highlights:

• 45.2 metres of 1.3 g/t gold.

• 7.5 metres of 2.4 g/t gold.

• 2.8 metres of 8.1 g/t gold.

The latest results continue to support the presence of broad volcanic-hosted gold mineralisation along the Manhattan Caldera Margin.

Multiple drill holes have now intersected mineralised volcanic units, increasing confidence that gold mineralisation may extend beyond the caldera margin and into the wider Manhattan Caldera, providing potential for future resource growth.

North Arrow Minerals (TSXV: NAR | OTCID: NHAWF) announced drilling results from Target A at the Kraaipan Gold Project in Botswana.

Highlights:

• 9 metres of 1.2 g/t gold.

• 7 metres of 2.0 g/t gold.

• 2 metres of 29.0 g/t gold.

Results confirmed gold mineralisation along approximately 700 metres of strike at Target A, with bedrock gold intercepts returned in 12 of 20 drill holes.

The company has completed a second phase of drilling at Targets AE and AF, with assays pending, while further work is planned to better define the structural controls on mineralisation across the broader Kraaipan gold system.

Arras Minerals Corp. (TSXV: ARK | OTCQB: ARRKF) reported drilling results at the Elemes Project, Kazakhstan.

Highlights:

• 935.9 metres of 0.71% CuEq, including:

  • 214.9 metres of 1.42% CuEq.

• 55.0 metres of 4.41% CuEq.

• 52.0 metres of 1.75% CuEq

  • within 181.0 metres of 0.66% CuEq.

Six additional holes have been completed with assays pending, while the company plans further drilling as part of its expanded 30,000-metre programme.

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

Highlights:

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

  • 1.16 metres of 65.99 g/t gold.

• 11.83 metres of 2.04 g/t gold, including:

  • 2.68 metres of 8.22 g/t gold.

• 25.02 metres of 0.68 g/t gold, including:

  • 5.18 metres of 4.43 g/t gold.

Drilling confirmed higher-grade gold mineralisation within Caldera volcanics at Goldwedge and extended mineralised zones along the Caldera Margin.

The results support the presence of a larger mineralised system within previously underexplored volcanic units.

West Point Gold Corp. (TSXV: WPG | OTCQX: WPGCF) revealed drilling results at the Gold Chain Project, Arizona, USA.

Highlights:

• 19.7 metres of 9.06 g/t gold from 95.8 metres.

• 35.7 metres of 3.2 g/t gold from 53.2 metres, including:

  • 10.2 metres of 10.23 g/t gold.

Drilling continues to demonstrate strong continuity of high-grade gold mineralisation at NE Tyro, reinforcing the robustness of the system across both width and grade.

Results will be incorporated into the upcoming resource model for the Gold Chain Project.

Golden Cariboo Resources Ltd. (CSE: GCC | OTC: GCCFF) reported drilling results at the Quesnelle Gold Quartz Mine property, British Columbia, Canada.

Highlights:

• 213.06 metres of 0.53 g/t gold.

• 88.39 metres of 0.90 g/t gold.

• 6.17 metres of 6.09 g/t gold.

The final hole for the maiden resource estimate ended in a new mineralised zone, indicating potential for further expansion.

Galway Metals Inc. (TSXV: GWM | OTCQB: GAYMF) announced new drill results from the North Deposit at its Clarence Stream gold project in New Brunswick, Canada.

Highlights:

• 10.85 metres of 5.0 g/t gold.

• 1.55 metres of 40.3 g/t gold, including:

  • 0.85 metres of 69.7 g/t gold.

• 6.0 metres of 2.1 g/t gold, including:

  • 1.0 metres of 8.7 g/t gold.

Drilling continues to confirm gold mineralisation beyond the current resource and supports further expansion potential along the 65-kilometre trend.

Troilus Mining Corp. (TSX: TLG | OTCQX: CHXMF) reported new drilling results from the West Rim Zone at the Troilus Project in Quebec, Canada.

Highlights:

• 18.5 metres of 6.93 g/t AuEq, including:

  • 6.4 metres of 19.06 g/t AuEq and 2.0 metres of 53.90 g/t AuEq.

• 23.85 metres of 1.80 g/t AuEq, including:

  • 9.8 metres of 3.82 g/t AuEq and 5.0 metres of 6.81 g/t AuEq.

• 13.5 metres of 1.58 g/t AuEq, including:

  • 0.6 metres of 16.23 g/t AuEq.

Results indicate strong near-surface mineralization with potential for both open-pit and underground development.

Approximately half of the planned 3,000-metre West Rim drill programme has been completed, with further expansion and infill drilling planned.

Pacifica Silver Corp. (CSE: PSIL | OTCQB: PAGFF) reported drilling results at the Claudia Project, Mexico.

Highlights:

• 8.90 metres of 0.94 g/t Au and 101 g/t Ag (182 g/t AgEq), including:

  • 0.65 metres of 6.98 g/t Au and 981 g/t Ag.

• 2.85 metres of 2.30 g/t Au and 207 g/t Ag (405 g/t AgEq), including:

• 1.10 metres of 2.44 g/t Au and 369 g/t Ag.

• 1.45 metres of 1.90 g/t Au and 120 g/t Ag (283 g/t AgEq), including:

• 0.70 metres of 2.64 g/t Au and 173 g/t Ag.

Drilling extended the Justina Vein to 600 metres of strike and confirmed strong, continuous gold-silver mineralisation across multiple vein systems, with results remaining open along strike and at depth.

🧐 Gold Faces Pressure

Reuters reports that gold is heading for a second consecutive weekly loss, with spot gold trading around $4,218/oz, as investors remain concerned that persistent inflation could lead to higher interest rates in the United States and Europe.

Higher rates tend to weigh on gold because the metal does not generate income. Markets are now focused on next week's U.S. Federal Reserve meeting for further guidance on monetary policy.

Despite the recent weakness, analysts note that inflation, central bank demand and broader economic uncertainty remain important long-term drivers for the gold market.

Arya Resources Ltd. (TSXV: RBZ) reported drilling results from the Wedge Lake Project in Saskatchewan, Canada.

Highlights:

• 10.70 metres of 4.9 g/t gold.

• 7.40 metres of 2.0 g/t gold.

• 9.30 metres of 1.6 g/t gold.

Results continue to demonstrate the scale and continuity of the Wedge Lake mineralised system, with the company planning a fully funded Phase 3 programme focused on expanding gold, silver and scandium mineralisation along the project's 4-kilometre trend.

🕵️‍♂️ Lobo Tiggre, AKA Louis James

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Happy Speculating!

The Editor

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