This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and have a beer to celebrate, it's Friday!

Here are the highlights:

🔥 Zinc’s On Fire

😋 High-Grade Extension Drilling

🧐 Visual Of The Day

🔥 Zinc’s On Fire

The Ozerny mine fire in Russia, a significant zinc source, was put out but impacted the zinc market. Zinc prices on the London Metal Exchange spiked after the fire but have since stabilized.

The mine's operational status remains uncertain, affecting global zinc supply. Low zinc prices have caused numerous mine closures, reducing zinc availability and driving up prices. The Ozerny mine, expected to significantly boost zinc supply, has just started production, but the fire might delay its full operation.

This has led to tighter supply chains and falling smelter treatment charges. The recent mine closures have supported a recovery in zinc prices, which have risen over 17% from their May low. 

Wouldn’t you just LOVE to see zinc be sexy again? No? Just us?

😋 High-Grade Extension Drilling

Mawson Gold Limited (TSX:MAW) (Frankfurt:MXR) (OTC PINK:MWSNF) announces further results of a hole extending previous results at the Sunday Creek Project in Victoria, Australia, owned by Southern Cross Gold Ltd, a subsidiary of Mawson. 

Highlight:

• 20.0 m of 62.7 g/t Au from 430.0 m

The project showed expansion both along strike and in depth, with the deepest drilling to date. Following a successful A$16.0 million capital raise, Mawson will own 51% of SXG, with its shares valued at A$68 million.

📰 In Other News:

🧐 Visual Of The Day

Happy Speculating!

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.