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⛏️ This Week in Mining
September 21st — September 25th, 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! 🎯
📌 Weekly Commodity Prices

Source: TradingView, TradingEconomics and Numerco.
📰 Headlines

First Phosphate Corp. (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0), a sponsoring partner of TNBR, announced that its Bégin-Lamarche Igneous Phosphate Deposit in Québec, Canada, was the subject of a peer-reviewed study published in Ore Geology Reviews.
The study, authored by researchers from Queen's University and UQAC, characterises the deposit's phosphate mineralisation, noting low levels of deleterious trace elements and concentrate grades around 40% P₂O₅, and identifies favourable geometry for potential open-pit mining, supporting the Company's phosphoric acid and LFP battery supply chain strategy.

Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF), sponsoring partner of TNBR, has reported assay results from infill drilling at its Tesorito gold deposit, part of the Quinchía Gold Project in Colombia.
Highlights:
342 metres of 0.5 g/t Au, including:
9.7 metres of 1.7 g/t Au
333.57 metres of 0.5 g/t Au, including:
8 metres of 1.4 g/t Au, 10 metres of 1.0 g/t Au and 5 metres of 1.0 g/t Au
243.4 metres of 0.5 g/t Au, including:
7.2 metres of 2.8 g/t Au and 6 metres of 2.8 g/t Au
The results extend a higher-than-modelled grade trend along a north-northeast structural corridor through the core of the deposit, with the company noting the new intercepts are expected to support an improved grade representation in the next Mineral Resource update, targeted for the first quarter of 2027.
Drilling continues at both Tesorito and the company's Ceibal target, with further assays pending.
Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQX: SITKF) announced assay results from drilling at the Blackjack deposit, Saddle Zone and Eiger deposit at its RC Gold Project in Yukon, Canada.
Highlights:
141.5 metres of 1.93 g/t gold, including:
80.6 metres of 3.20 g/t gold and 6.0 metres of 9.46 g/t gold
17.5 metres of 2.68 g/t gold
30.5 metres of 1.46 g/t gold, including:
1.5 metres of 25.50 g/t gold
Drilling has extended near-surface gold mineralisation across approximately 550 metres of strike at the Saddle Zone, all within the Blackjack resource pit shell, while step-out drilling at Eiger has extended mineralisation westward toward Saddle.
The company views the two deposits, separated by roughly 2 kilometres, as potentially forming part of one continuous gold system, with drilling ongoing across the Project.
West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQX: WRLGF) announced drill results from its 100% owned Madsen Mine in the Red Lake Mining District of Ontario, Canada.
Highlights:
5.3 metres of 176.04 g/t Au, including:
1 metre of 925.52 g/t Au
4.5 metres of 128.32 g/t Au, including:
1 metre of 566.81 g/t Au
6.85 metres of 35.72 g/t Au, including:
1 metre of 233.76 g/t Au
The results come from underground definition drilling within the Austin 904 and 955 complexes, areas the company is evaluating for integration into the Madsen mine plan in 2027.
The 904 complex represents previously unmined mineralisation close to existing underground infrastructure, and drilling in the area continues.
Westhaven Gold Corp. (TSX-V: WHN; OTCQB: WTHVF; FRA: 1W5) reported new assay results from resource infill drilling at the South Zone gold and silver deposit on the Shovelnose property in southern British Columbia, Canada.
Highlights:
37.89 metres of 5.29 g/t Au and 31.9 g/t Ag
14.00 metres of 13.09 g/t Au and 105.8 g/t Ag
32.06 metres of 5.05 g/t Au and 28.1 g/t Ag
The results confirm continuity of mineralisation within structurally controlled quartz veins and hydrothermal breccia zones across the South Zone's vein systems.
Resource infill drilling is nearing completion, with exploration drilling and a geotechnical and hydrogeology programme set to expand in support of a pre-feasibility study targeting completion in H2 2027.
NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) reported additional drill results from Zone 4 of the Goldlund Deposit at its Goliath Gold Complex in Ontario, Canada.
Highlights:
7.00 metres of 14.07 g/t Au, including:
1.00 metre of 95.70 g/t Au
8.00 metres of 9.76 g/t Au, including:
1.00 metre of 74.10 g/t Au
13.00 metres of 2.84 g/t Au, including:
1.20 metres of 21.70 g/t Au
Mineralisation is characterised by quartz stockwork veining within sub-vertical granodiorite sills.
The balance of the 35,000-metre programme is expected to be completed by the end of 2026.
Dryden Gold Corp. (TSXV: DRY; OTCQX: DRYGF; FSE: X7W) announced new drill results from its Gold Rock property in Ontario, Canada.
Highlights:
12.70 metres of 7.88 g/t Au, including:
1.90 metres of 46.05 g/t Au
12.00 metres of 1.35 g/t Au, including:
0.50 metre of 15.60 g/t Au
1.45 metres of 9.91 g/t Au, including:
0.40 metre of 25.90 g/t Au
Drilling has grown Gold Rock to 15 mineralised structures hosting 10 high-grade zones, with the near-surface Elora intercept confirming continuity over 350 metres of strike.
Further holes testing down-plunge targets are pending.
Tocvan Ventures Corp. (CSE: TOC; OTCQB: TCVNF; WKN: TV3/A2PE64) revealed new drill results from the El Mezquite trend at its Gran Pilar Gold-Silver Project in Sonora, Mexico.
Highlights:
271.45 metres of 0.26 g/t Au and 2.41 g/t Ag, including:
106.75 metres of 0.50 g/t Au and 3.46 g/t Ag
27.45 metres of 0.68 g/t Au and 4.56 g/t Ag
16.78 metres of 0.97 g/t Au and 3.50 g/t Ag
3.05 metres of 1.11 g/t Au and 23.43 g/t Ag
The El Mezquite trend is now traced over approximately 1,400 metres and remains open along strike and at depth, 1.6 to 1.9 kilometres east of the permitted heap-leach pilot facility.
Step-out and infill drilling will continue, with first doré from the pilot facility targeted in Q4 2026.
Blossom Gold Inc. (TSX: BGAU) reported further drill results from its Rosebud Open-Pit Heap-Leach Project in Pershing County, Nevada, USA.
Highlights:
44.80 metres of 1.22 g/t Au, including:
8.00 metres of 2.62 g/t Au
3.20 metres of 5.06 g/t Au
106.80 metres of 0.42 g/t Au, including:
24.20 metres of 0.72 g/t Au
60.10 metres of 0.33 g/t Au, including:
19.60 metres of 0.68 g/t Au
Mineralisation surrounds the historic mine workings and extends up-dip along the South Ridge Fault Zone, with the oxidised domain reaching 20 to 75 metres below surface.
Surface drilling continues with 11,585 metres remaining, and an updated Mineral Resource Estimate is expected in Q1 2027.
Nine Mile Metals Ltd. (CSE: NINE; OTCID: VMSXF; FSE: KQ9) reported assay results from its Wedge Mine project in the Bathurst Mining Camp, New Brunswick, Canada.
Highlights:
14.15 metres of 5.09% Cu-Eq, including:
9.00 metres of 6.35% Cu-Eq
6.00 metres of 7.45% Cu-Eq
14.15 metres of 2.10% Cu, 4.85% Zn, 0.96% Pb, 42.31 g/t Ag and 0.84 g/t Au
1.00 metre of 8.59% Cu-Eq
The VMS mineralisation contains visible chalcopyrite, with grades increasing towards the base of the intersection and widths reported as true widths.
Eight borehole electromagnetic surveys on perimeter holes will guide a second round of drilling.
PC Gold Ltd (ASX: PC2) has reported further diamond drilling assay results from its Spring Hill Gold Project near Pine Creek in the Northern Territory, Australia.
Highlights:
29.65 metres of 4.32 g/t Au, including:
4.75 metres of 8.60 g/t Au
33.38 metres of 2.17 g/t Au, including:
4.00 metres of 4.51 g/t Au
34.00 metres of 2.07 g/t Au, including:
10.00 metres of 4.17 g/t Au
Link Zone mineralisation was intersected 30 metres down dip of the current model at higher grades than modelled.
Assays remain pending for several intervals, and results will feed into an updated Mineral Resource Estimate targeted for December 2026.
🧐 Gold Faces Pressure
Gold was on track for a weekly loss of around 2% today as rising US Treasury yields and growing expectations of further Federal Reserve rate hikes weighed on bullion.
Spot gold was up 0.3% at $4,291.06 per ounce, while US gold futures rose 0.7% to $4,326.60.
Reuters reported that Treasury yields were near a two-decade high, increasing the opportunity cost of holding non-yielding gold, while traders were pricing in a 71% chance of an October rate hike and 95% chance of a December hike.
Meanwhile, US-Iran negotiations over a possible reopening of the Strait of Hormuz could ease some energy-supply concerns, while lower gold prices have brought modest buying interest from Indian consumers ahead of the festive season.
🕵️♂️ Lobo Tiggre, AKA Louis James
📺 Must Watch
First Phosphate Corp. and Silver Pony Resources
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The Editor
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