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⛏️ This Week in Mining
June 1st — June 5th, 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
Radisson Mining Resources Inc. (TSXV: RDS | OTCQX: RMRDF) reported drilling results from the O'Brien Gold Project in Québec, Canada.
Highlights:
9.7 metres of 7.57 g/t gold, including:
1.1 metres of 52.75 g/t gold.
13.4 metres of 3.43 g/t gold, including:
1.0 metre of 10.26 g/t gold.
1.0 metre of 69.05 g/t gold.
Drilling within the previously underexplored Trend 1-Trend 2 Gap returned significant high-grade gold mineralisation in six of seven drill holes, supporting the interpretation that mineralisation is laterally continuous across the 800-metre vertical extent of the target area.
The results are expected to have positive implications for future resource updates, mine design, and mining continuity at O'Brien.
Monument Mining Limited (TSX-V: MMY | FSE: D7Q1) announced drilling results from the Buffalo Reef/Felda mine expansion programme at the Selinsing Gold Mine in Malaysia.
Highlights:
16.5 metres of 3.07 g/t gold.
10.1 metres of 4.68 g/t gold.
15.5 metres of 2.61 g/t gold, including 6.0 metres of 5.62 g/t gold.
The results from 23 drill holes support the potential for resource additions beyond the current life-of-mine plan and expanded pit shell.
Drilling continues to target extensions of mineralisation at Buffalo Reef and Felda, with additional rigs deployed to improve exploration efficiency and evaluate future mine expansion opportunities.
🐦 Gold Value Unlocked
Tiger Gold Corp. (TSXV: TIGR | OTCQB: TGRGF), sponsoring partner of TNBR, reported drilling results from the Ceibal target at the Quinchía Gold Project in Colombia.
Highlights:
214 metres of 0.7 g/t gold, including:
23 metres of 1.1 g/t gold.
437.05 metres of 0.5 g/t gold, including:
9 metres of 2.2 g/t gold.
10 metres of 1.4 g/t gold.
The latest 80-metre step-out hole extended near-surface porphyry-style gold mineralisation along the first drill section at Ceibal.
The hole ended in mineralisation at depth, and the system remains open along strike and down dip as the company advances drilling towards a maiden resource estimate.
Nice!
Gold X2 Mining Inc. (TSXV: AUXX | OTCQB: GSHRF) announced infill drilling results from the QES Zone at the Moss Gold Project in Ontario, Canada.
Highlights:
142.65 metres of 0.93 g/t gold, including:
46.0 metres of 1.59 g/t gold.
139.05 metres of 1.01 g/t gold, including:
39.35 metres of 1.78 g/t gold.
86.0 metres of 1.37 g/t gold, including:
26.0 metres of 2.90 g/t gold.
The infill drilling programme continues to define a larger mineralised system than predicted by the current resource model, with secondary shear zones adding mineralisation within the QES Zone.
Drilling also intersected additional Superion-style mineralisation outside the current resource, supporting potential expansion on the northern side of the proposed open pit.
Cabral Gold Inc. (TSXV: CBR | OTCQX: CBGZF) reported drilling results from the Jerimum Cima target at the Cuiú Cuiú Gold District in Brazil.
Highlights:
107.6 metres of 2.5 g/t gold, including:
17.8 metres of 13.0 g/t gold.
17.8 metres of 13.0 g/t gold, including:
3.8 metres of 59.9 g/t gold.
3.8 metres of 59.9 g/t gold.
The latest drilling confirms the continuity of the high-grade mineralised zone at Jerimum Cima over at least 455 metres of strike and extends it to greater depth.
The target remains open along strike and down-dip, with additional drilling underway and further results pending.
Awalé Resources Limited (TSXV: ARIC | OTCQX: AWLRF) reported drilling results at the Charger 2 target, Odienné Project, Côte d'Ivoire.
Highlights:
18 metres of 9.2 g/t gold, including:
7 metres of 18.0 g/t gold.
16 metres of 4.0 g/t gold, including:
4 metres of 14.1 g/t gold.
2 metres of 13.9 g/t gold.
The results confirm the continuity of Charger-style mineralisation beyond the current resource envelope, with the system remaining open along strike and down plunge.
Awalé continues step-out and infill drilling at Charger, while additional targets along the broader trend remain untested.
Silver Acadia Exploration Inc. (CSE: SLA | OTC: CNMTF | FSE:) announced drilling results from the Nicholas-Denys Property, New Brunswick, Canada.
Highlights:
24.8 metres of 328.9 g/t silver and 1.0 g/t gold.
7.2 metres of 262.2 g/t silver and 0.58 g/t gold.
2.8 metres of 169.5 g/t silver and 0.48 g/t gold.
Hachey Zone drilling confirms strong near-surface silver-gold mineralisation with zinc and lead credits, extending over a 3 km corridor, with assays pending from 12 holes.
Tiger Gold (TSXV: TIGR), a sponsoring partner of TNBR, reports drilling results from the Tesorito deposit at the Quinchía Gold Project in Colombia.
Highlights:
98 metres of 0.9 g/t gold, including:
26.7 metres of 1.6 g/t gold.
205.5 metres of 0.5 g/t gold, including:
8 metres of 1.7 g/t gold.
254 metres of 0.4 g/t gold at the Dos Quebradas target.
Drilling continues to define a large gold-dominant porphyry system at Tesorito, with results expected to support a future resource update.
The company noted additional assay results are pending from both Tesorito and Ceibal as the 20,000-metre drill programme continues.
Onyx Gold Corp. (TSXV: ONYX | OTCQX: ONXGF) announced drilling results from the Argus gold system at the Munro-Croesus Project in Ontario, Canada.
Highlights:
95.2 metres of 0.7 g/t gold.
70.8 metres of 0.8 g/t gold, including:
7.0 metres of 3.4 g/t gold.
35.5 metres of 0.9 g/t gold, including:
23.4 metres of 1.2 g/t gold.
Recent results have expanded the Argus gold system to approximately 1.4 kilometres of strike length and more than 500 metres of vertical extent.
Results from Argus Main and Argus West indicate the presence of multiple mineralised zones along key structural corridors, with significant exploration potential remaining across the project.
Dryden Gold Corp. (TSXV: DRY | OTCQX: DRYGF) revealed drilling results from the Gold Rock target on the Big Master Gold System in Ontario, Canada.
Highlights:
14.77 metres of 3.24 g/t gold, including:
1.35 metres of 29.55 g/t gold.
13.50 metres of 1.02 g/t gold, including:
1.00 metre of 8.88 g/t gold.
4.35 metres of 1.20 g/t gold, including:
0.50 metres of 8.85 g/t gold.
The latest drilling expanded near-surface mineralisation at the Sparrow discovery and extended the Treasure and Barrelman zones at depth.
The results support the company's geological model and an expanded 45,000-metre drill programme, with a second drill rig scheduled to begin work in July.
💪 Gold's Tug War
Gold prices have come under pressure this week as investors weigh escalating Middle East tensions against the prospect of higher interest rates.
Reuters reported that spot gold was trading around US$4,464 per ounce and heading for a weekly decline, with rising oil prices fuelling inflation concerns and increasing expectations that central banks may keep rates elevated for longer.
While geopolitical uncertainty continues to support gold's safe-haven appeal, softer physical demand from major markets such as India and China has limited upside momentum.
Analysts noted that future price movements are likely to be driven by developments in the Middle East and monetary policy expectations.
Ashley Gold (CSE: ASHL) reported additional drill results from the Tak Project in Ontario, Canada.
Highlights:
156.5 metres of 0.22 g/t gold.
18.0 metres of 0.75 g/t gold.
4.35 metres of 2.35 g/t gold.
The latest results continue to demonstrate widespread gold mineralisation across the project and support the interpretation of a large-scale hydrothermal system.
Ongoing drilling is aimed at expanding the D99Z zone and improving understanding of the broader mineralised footprint at Tak.
🕵️♂️ Lobo Tiggre, AKA Louis James
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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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