⛏️ This Week in Mining

January 26th — January 30th, 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 news of the week with you! 🎯

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Source: TradingView, TradingEconomics and Numerco.

📰 Headlines

Cabral Gold Inc.,( TSXV: CBR / OTCQX: CBGZF), reported drilling results at the Jerimum Cima target, Cuiú Cuiú Gold District, Brazil.

Highlights

  • 9.5 metres of 5.74 g/t gold.

  • 14.4 metres of 0.62 g/t gold and 15.1 metres of 1.04 g/t gold in the same hole.

  • 3.8 metres of 10.80 g/t gold, including:

    • 0.5 metres of 80.51 g/t gold from a reconnaissance hole.

These results extend the eastern limit of the Jerimum Cima mineralised zone by 175 metres, now traced over a 750 metre E-W strike, while newly discovered high-grade structures to the south and west suggest further expansion potential.

Additional drilling and geophysical surveys are ongoing to define the size of both oxide and primary mineralisation.

American Eagle Gold Corp., (TSXV: AE / OTCQB: AMEGF), announced drilling results at the NAK Project, in British Columbia, Canada.

Highlights:

  • 802 metres of 0.71% copper equivalent from surface, including:

    • 375 metres of 1.01% copper equivalent.

  • 645 metres of 0.82% copper equivalent within the broader interval.

The results materially expand the South Zone, confirming continuous, high-grade mineralisation from surface to depth and linking multiple high-grade areas across previously untested gaps, with the South Zone now extending approximately 700 metres east-west, 500 metres north-south and over 800 metres vertically.

GoldMining Inc., (TSX: GOLD / NYSE American: GLDG), reported drilling results at the São Jorge Project, in Pará State, Brazil.

Highlights:

  • 19 metres of 1.00 g/t gold from 425 metres depth,

    • within 73 metres of 0.54 g/t gold.

  • 3 metres of 1.10 g/t gold from 10 metres depth.

  • 1 metre of 1.15 g/t gold from 45 metres depth.

The results confirm gold mineralisation extending beneath the existing resource pit and along strike at São Jorge, while a large induced polarisation anomaly at the William South prospect, comparable in scale to the main deposit, is planned for drilling in 2026.

Aztec Minerals Corp., (TSXV: AZT) (OTCQB: AZZTF), reported step-out drilling results at the Tombstone Project, Arizona, USA.

Highlights:

  • 44.1 metres of 1.16 g/t Au and 77.7 g/t Ag (159.0 g/t AgEq), including:

    • 3.04 metres of 7.50 g/t Au and 465.5 g/t Ag (990.8 g/t AgEq).

  • 51.7 metres of 0.43 g/t Au and 42.87 g/t Ag (72.7 g/t AgEq).

  • 62.3 metres of 0.18 g/t Au and 28.7 g/t Ag (41.3 g/t AgEq).

All drill holes intersected broad, continuous mineralisation, highlighting the potential for a much larger N-S strike extent than previously demonstrated.

Additional results are pending, including southern extensions and step-outs to the west and in the Westside Area, stated the company.

Gladiator Metals (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) announced drilling at Cowley, at the Cowley Project, in British Columbia, Canada.

Highlights:

  • 92 metres of 1.03% Cu, 0.11 g/t Au, 6.38 g/t Ag, 393 ppm Mo from 2 metres.

  • 44 metres of 1.57% Cu, 0.16 g/t Au, 11.73 g/t Ag, 536 ppm Mo from 114 metres.

  • 14.65 metres of 1.53% Cu, 0.17 g/t Au, 16.08 g/t Ag, 664 ppm Mo from 42.7 metres.

According to the company, these latest results from Cowley represent a significant step forward.

Intersecting over 90 metres of 1.03% copper from surface highlights the near-surface, high-grade nature of both copper and molybdenum, and the continuity of this system.

Scottie Resources, (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80), reported drilling results at the Scottie Gold Mine Project, BC, Canada.

Highlights:

  • 3.30 metres of 34.3 g/t Au, including:

    • 1.0 metre of 90.8 g/t Au.

  • 9.70 metres of 9.97 g/t Au, including:

    • 2.45 metres of 21.1 g/t Au.

  • 14.0 metres of 6.44 g/t Au from near surface.

Results reinforce the continuity and strength of high-grade gold at Blueberry, supporting mine planning and future development.

Galway Metals Inc. (TSXV: GWM) (OTCQB: GAYMF) announced drilling results from the Southwest Deposit at the Clarence Stream Gold Project, in New Brunswick, Canada.

Highlights:

  • 10.0 metres of 7.1 g/t gold, including:

    • 5.0 metres of 13.2 g/t gold.

  • 12.0 metres of 2.7 g/t gold, including:

    • 2.0 metres of 11.4 g/t gold.

  • 3.0 metres of 7.9 g/t gold, including:

    • 1.0 metre of 22.0 g/t gold.

The results confirm strong continuity of high-grade gold mineralisation, linking deeper zones to surface and extending mineralisation beyond the current resource footprint.

The drilling supports the potential to expand the existing open-pit resource, with additional assays pending from multiple holes at the Southwest Deposit.

Banyan Gold Corp. (TSXV: BYN) (OTCQB: BYAGF) reported drilling results from the AurMac Project, in Yukon, Canada.

Highlights:

  • 38.9 metres of 0.84 g/t gold.

  • 11.8 metres of 2.82 g/t gold.

  • 3.3 metres of 4.25 g/t gold.

The company stated that high-grade gold mineralisation at both the Aurex Hill and Airstrip deposits supports its understanding of higher-grade zones suitable for potential starter pits.

Results also indicate scope for further expansion, with new high-grade structures and skarn horizons emerging as priority drill targets.

Tiger Gold Corp., (TIGR.V) (FSE: D150), a sponsoring partner of TNBR, announced drilling results at Tesorito, Quinchía Gold Project, Colombia.

Highlights:

  • 307.1 metres of 0.7 g/t Au, including:

    • 82.7 metres of 1.4 g/t Au.

  • Including 4 metres of 3.5 g/t Au.

The results confirm broad, continuous gold mineralisation and suggest a potential feeder zone at depth, supporting ongoing infill and exploration drilling.

Nice!

Awalé Resources (TSXV: ARIC) (OTCQX: AWLRF) reported new step-down drilling results at the Charger 1 target, Odienné Project, Côte d'Ivoire.

Highlights:

  • 9 metres of 52.8 g/t gold, including:

    • 6 metres of 78.9 g/t gold.

  • 7 metres of 10.6 g/t gold, including:

    • 1 metre of 57.2 g/t gold.

  • 4 metres of 17.6 g/t gold.

The company noted the high-grade intercept remains open to the northeast and down-plunge, indicating a potential new hinge zone, with further expansion drilling ongoing.

Good job!

West Red Lake Gold Mines Ltd., (TSXV: WRLG, OTCQB: WRLGF), reported infill drilling results from the Rowan Project, in Ontario, Canada.

Highlights:

  • 1 metre of 141.5 g/t gold, including:

    • visible gold, from 76.1 metres.

  • 1 metre of 55.8 g/t gold, including:

    • visible gold, from 109.5 metres.

  • 1 metre of 28.5 g/t gold, including:

    • visible gold, from 116.25 metres.

Early results confirm the updated mineralised domain model, with veins intersected where expected, and the drilling is set to support an updated mineral resource estimate planned for Q2 2026, alongside an additional 1,000 metres to extend Vein 001 along strike.

Chibougamau Independent Mines Inc. (CBG-TSXV, CLL1-FSE, CMAUF-OTC) announced new drilling results from the Berrigan Mine project, in Quebec, Canada.

Highlights:

  • 98.5 metres of 1.34 g/t AuEq and ZnEq.

  • 14.6 metres of 2.39 g/t AuEq and ZnEq.

  • 4.9 metres of 6.26 g/t AuEq and ZnEq.

Drill hole TOM-25-015 confirmed a new major semi-massive sulphide zone, Berrigan Deep, which remains open at depth and indicates a potentially extensive mineralised system below the known zones.

Luca Mining Corp. (TSXV: LUCA; OTCQX: LUCMF) reported initial drilling results from the El Rey deposit at the Campo Morado mine, Guerrero State, Mexico.

Highlights:

  • 28.6 metres of 5.35 g/t AuEq, including:

    • 2.8 metres of 12.55 g/t AuEq.

  • 21.0 metres of 6.13 g/t AuEq, including:

    • 2.2 metres of 25.38 g/t AuEq.

Mineralisation extends beyond historical models, supporting mine life extension and improved production flexibility.

First drilling at El Rey in over 14 years confirms thick, high-grade gold- and silver-rich VMS mineralisation, close to existing underground infrastructure, reinforcing its potential inclusion in the Campo Morado mine plan.

Gold Slides Still

Gold prices slipped below $5,000 per ounce today as the U.S. dollar strengthened and investors took profits after a blistering rally that pushed bullion to record highs earlier in the week.

The pullback was triggered in part by speculation around the likely appointment of a more hawkish Federal Reserve chair, which bolstered the dollar and weighed on gold and other precious metals.

Despite the retreat, gold is still on track for its strongest monthly gain since 1999, with prices having climbed sharply in January amid safe‑haven buying driven by economic and geopolitical uncertainty.

Other precious metals such as silver, platinum, and palladium also fell sharply alongside gold as profit‑taking surfaced across the metals complex.

🕵️‍♂️ Lobo Tiggre, AKA Louis James

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The Editor

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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