👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and enjoy a good wine. 🍷

📝 Here are the highlights

🧐 Wenot Results

😉 Gold Slips on Tariffs

🐦 Canada Opens for Mining

📌 Daily Commodity Prices

🧐 Wenot Results

Omai Gold Mines Corp. (TSXV: $OMG; OTCQB: OMGGF) reports drill results from its 2024 program at the Wenot deposit, part of its 100%-owned Omai Gold Project in Guyana.

Highlights:

• 19.3 metres of 5.21 g/t gold, including 4.6 metres of 11.44 g/t gold and 3.6 metres of 11.75 g/t gold.

• 26.2 metres of 0.98 g/t gold, including 12.7 metres of 1.71 g/t gold.

• 6.7 metres of 1.89 g/t gold and 4.9 metres of 2.51 g/t gold.

The company claims the 2024 program expanded Wenot, extending gold zones to 400-450 metres and increasing shallow drilling. In 2025, 8 holes (4,880 metres) are complete in a 10,000-metre program, supporting a Mineral Resource Estimate (Q2 2025) and PEA (Q3 2025).

😉 Gold Slips on Tariffs

Gold prices dipped 0.15% to $2,913.15 per ounce as investors weighed uncertainty over new U.S. tariffs and looked ahead to Friday’s payrolls data for Federal Reserve policy signals.

Despite the pullback, gold remains up 11% this year, with analysts maintaining a bullish outlook, eyeing the $3,000 level. China introduced fresh fiscal stimulus to counteract trade war impacts, adding another layer of market influence.

Meanwhile, platinum rose 0.7% to $966.90, silver gained nearly 1% to $32.29, and palladium edged up 0.1% to $943.00.

🐦 Canada Opens for Mining

Happy Speculating!

The Editor

Would you like to update how frequently you receive our emails? 📬