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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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District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQX: DMXCF) (FSE: DFPP), a sponsoring partner of TNBR, reported drill results from Target A at the Viken Property in Jämtland County, Sweden.
Highlights:
198.3 metres of cumulative Alum Shale.
177.1 metres of cumulative Alum Shale.
82.0 metres of cumulative Alum Shale.
Geochemical results are required to determine the presence, grade and continuity of mineralisation in the shale horizons.
Drilling will continue across Target Areas A and B.
1911 Gold Corporation (TSXV: AUMB) (OTCQX: AUMBF) (FRA: 2KY) announced assay results from infill drilling at its True North project in Manitoba, Canada.
Highlights:
7.20 metres of 14.86 g/t Au, including:
4.60 metres of 19.52 g/t Au, including:
0.60 metres of 31.70 g/t Au.
2.10 metres of 22.64 g/t Au.
1.70 metres of 13.84 g/t Au, including:
0.50 metres of 35.70 g/t Au.
Drilling targeted the L10 Zone, with some holes intersecting mineralisation beyond the 2024 resource boundary.
An updated global resource estimate is scheduled for Q4 2026.
Tectonic Metals Inc. (TSXV: TECT) (OTCQX: TETOF) revealed assay results from Black Creek at its Flat Gold project in Alaska, United States.
Highlights:
91.44 metres of 2.86 g/t Au, including:
41.15 metres of 5.61 g/t Au, including:
13.72 metres of 12.94 g/t Au.
30.48 metres of 0.46 g/t Au, including:
6.10 metres of 1.23 g/t Au.
30.48 metres of 0.31 g/t Au.
Mineralisation is predominantly hosted in hornfels and remains open at depth.
Results will help refine the geological model and guide follow-up drilling.
Fury Gold Mines Limited (TSX: FURY) (NYSE American: FURY) reported first assay results from its 2026 drill programme at the Committee Bay gold project in Nunavut, Canada.
Highlights:
17.82 metres of 3.88 g/t Au, including:
3.30 metres of 18.78 g/t Au.
98.60 metres of 0.77 g/t Au, including:
0.56 metres of 65.60 g/t Au.
31.45 metres of 0.92 g/t Au, including:
1.18 metres of 12.35 g/t Au.
All five infill holes at the Three Bluffs deposit intersected the shear zone, with intervals reported as true widths.
Assays are pending for five more holes, including two extension holes, and all results will feed into the upcoming mineral resource update.
RPX Gold Inc. (TSXV: RPX) (OTCQB: RDEXF) announced drill results from its Wawa Gold Project in Ontario, Canada.
Highlights:
19.68 metres of 6.24 g/t Au, including:
0.90 metres of 50.70 g/t Au.
5.67 metres of 18.49 g/t Au, including:
0.90 metres of 109.00 g/t Au.
20.93 metres of 3.15 g/t Au, including:
6.80 metres of 6.80 g/t Au.
The results extend near-surface gold mineralisation identified in the 2026 PEA, and the 20,000-metre programme is due to finish by mid-November.
They will feed into an updated mineral resource estimate supporting a prefeasibility study targeted for H1 2027.
Kirkland Lake Discoveries Corp. (TSXV: KLDC) (OTCQB: KLKLF) revealed drill results from step-out holes at the Mirado West Zone of its KL South property in Kirkland Lake, Ontario, Canada.
Highlights:
9.20 metres of 10.53 g/t Au, including:
3.00 metres of 31.93 g/t Au.
68.00 metres of 0.64 g/t Au, including:
26.50 metres of 1.25 g/t Au.
24.70 metres of 0.46 g/t Au, including:
9.25 metres of 0.74 g/t Au.
Mirado West now spans over 1,100 metres of strike length, with gold mineralisation from near surface to nearly 480 metres downhole.
The zone sits along the same structural trend as the Mirado South and Mirado North zones and remains open in all directions.
Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) reported additional drill results from the Blueberry Contact Zone at its Scottie Gold Mine Project in British Columbia, Canada.
Highlights:
21.20 metres of 6.0 g/t gold, including:
3.35 metres of 18.9 g/t gold.
7.40 metres of 6.4 g/t gold.
8.00 metres of 14.4 g/t gold, including:
3.75 metres of 24.1 g/t gold.
9.00 metres of 9.8 g/t gold, including:
1.00 metre of 62.8 g/t gold.
Results at Lemoffe fall within the existing PEA mine plan, while drilling extended the Blueberry 5 and Fifi 2 veins.
Most assays from the 2026 programme are outstanding and will inform an updated Mineral Resource Estimate and Feasibility Study, both planned for early in the first half of 2027.
Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) reported new drill results from its O’Brien Gold Project in Québec, Canada.
Highlights:
1.3 metres of 44.18 g/t gold.
11.0 metres of 3.21 g/t gold, including:
1.0 metre of 10.22 g/t gold.
10.4 metres of 3.40 g/t gold, including:
1.0 metre of 8.01 g/t gold.
1.5 metres of 8.10 g/t gold.
The holes tested the deep extension of gold mineralisation beneath the former O’Brien Gold Mine workings, with several also returning intercepts in the adjacent Pontiac Group rocks.
Drilling continues as part of the ongoing 140,000-metre step-out programme.
Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) (FSE: PR90) released final assay results from its maiden drill programme at the Gold Run project in Nevada, USA.
Highlights:
71.6 metres of 0.9 g/t AuEq, including:
10.7 metres of 1.6 g/t AuEq.
80.8 metres of 0.6 g/t AuEq.
16.8 metres of 6.1 g/t gold and 41.1 g/t silver.
Results suggest Crown North may be a northern extension of the historic Adelaide-Crown system, with a potential structural connection to Robbers Knob.
Lodestar is now refining its geological model and planning the next phase of drilling.
Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQX: SITKF) reported drill results from its RC Gold Project in Yukon, Canada.
Highlights:
74.8 metres of 1.31 g/t gold, including:
41.7 metres of 2.20 g/t gold, including:
1.2 metres of 53.10 g/t gold.
74.0 metres of 0.81 g/t gold, including:
48.6 metres of 1.18 g/t gold, including:
1.8 metres of 4.27 g/t gold.
Assays are pending for 82 holes totalling approximately 27,000 metres, and the drilling will feed into an updated Mineral Resource estimate.
Goliath Resources Limited (TSXV: GOT) (OTCQB: GOTRF) (FSE: B4IF) reported additional assays from the Surebet Discovery on its Golddigger Property in the Golden Triangle, British Columbia, Canada.
Highlights:
6.00 metres of 14.61 g/t AuEq, including:
4.00 metres of 21.68 g/t AuEq, including:
2.00 metres of 42.31 g/t AuEq.
4.00 metres of 11.88 g/t AuEq, including:
1.04 metres of 43.93 g/t AuEq.
20.00 metres of 2.01 g/t AuEq, including:
8.60 metres of 4.19 g/t AuEq, including:
5.38 metres of 6.05 g/t AuEq.
Infill results from the high-grade core will contribute to a planned maiden resource and preliminary economic assessment.
Assays are pending for 43 holes from the 48,443-metre 2026 programme, with a 2027 drill plan to follow once all data has been compiled.
Tower Resources Ltd. (TSXV: TWR) announced drill results from its Rabbit North property near Kamloops, British Columbia, Canada.
Highlights:
4.1 metres of 6.10 g/t Au.
1.2 metres of 26.1 g/t Au.
5.5 metres of 2.90 g/t Au.
Drilling also intersected a fourth copper-gold breccia pipe within a 1 km² area, which the company says may indicate a porphyry copper-gold deposit about 1 km below current holes.
A drone LIDAR survey, geological mapping and boulder prospecting have been completed along the Thunder North to Blue Sky trend to guide the next drilling programmes.
Eastport Critical Metals Corp. (TSXV: EVI) (OTCQB: EVIIF), a sponsoring partner of TNBR, identified historical trenches spanning about 12 km during a 291 km² gravity survey at its Matsitama Project in Botswana.
A re-excavated trench shows a 2-metre zone of visible copper mineralisation, with native gold also identified, though these are visual observations and no assays were reported.
An excavation, mapping and sampling programme is expected to finish this quarter, with the results to be combined with geophysical data to define drill targets for the first quarter of 2027.
📈 Gold's Weekly Rebound
Gold prices edged lower today, with spot gold falling 0.3% to $4,076.91 per ounce, as rising oil prices revived inflation concerns and strengthened expectations that US interest rates could remain higher for longer.
Despite the daily decline, gold was heading for its strongest weekly gain in more than two months, up approximately 5% following a sharp recovery from last week's lows.
Investors are awaiting US non-farm payrolls data for clues about the Federal Reserve's next interest-rate decision, with markets pricing in a 64% chance of a December rate hike. Meanwhile, Goldman Sachs lowered its year-end gold price forecast to $4,150 from $4,650, citing the Fed's increasingly hawkish stance.
🕵️♂️ 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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