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This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and play a game of basketball. 🏀

📝 Here are the highlights

👏 39.7 g/t of Gold

😎 Market Shifts

🐦 Ambitious 2025 Plans

📌 Daily Commodity Prices

👏 39.7 g/t of Gold

Thor Explorations Ltd. (TSXV: THX; AIM: THX) announces further drilling results at the Segilola Gold Mine in Nigeria.

Highlights:

• 1.8 metres of 39.7 g/t gold from 222 metres.

• 3.4 metres of 4.8 g/t gold from 74 metres.

• 1.3 metres of 3.35 g/t gold and 2.5 metres of 8.5 g/t gold.

The team says the results hint at the emergence of a high-grade shoot in the northern segment of the deposit, presenting substantial potential to expand resources both at depth and along strike.

😎 Market Shifts

Gold prices hit a four-week high at $2,680.59/oz and are poised for a 1% weekly gain, marking their best week in seven. U.S. futures rose 0.7% to $2,708.90/oz, driven by safe-haven demand and anticipation of U.S. non-farm payroll data.

Analysts suggest that cooling jobs data could push gold toward $2,700/oz, while stronger-than-expected results might curb its rally.

Silver, platinum, and palladium also advanced, with silver at $30.34/oz (+0.7%) and palladium up 2% to $945.25, all heading for weekly gains. Gold demand in India fell due to high prices, but buying during the Lunar New Year supported other Asian markets.

📰 In Other News

🐦 Ambitious 2025 Plans

Happy Speculating!

The Editor

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