Issued on behalf of Rush Gold Corp.
VANCOUVER – Baystreet.ca News Commentary – The price of gold surged past $4,000 per ounce this week for the first time ever[1], driven by economic uncertainty and political instability that are creating exceptional conditions for exploration companies to advance high-grade projects[2] while institutional buyers seek exposure to mining equities that remain undervalued despite record metal prices. Major banks are forecasting the rally has further to run, with J.P. Morgan projecting a structural shift in demand that supports prices averaging $3,675 per ounce through the remainder of Q4 2025[3], creating a favorable environment for explorers and developers including Rush Gold Corp. (CSE: RGN) (FSE: B6H), Fortitude Gold Corp. (OTCQB: FTCO), Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF), Gold Royalty Corp. (NYSE-American: GROY), and Mineros S.A. (TSX: MSA) (OTCQX: MNSAF).
Analysts at Sprott note that sustained prices above $4,000 per ounce dramatically improve project economics for companies advancing deposits toward production[4], while supply constraints continue tightening as major producers struggle to replace depleting reserves. The combination of persistent geopolitical tensions, Federal Reserve rate cuts, and institutional diversification away from traditional assets creates what strategists describe as an ideal window for junior mining stocks to capture investor attention and secure development capital.
Rush Gold Corp. (CSE: RGN) (FSE: B6H) recently released a corporate update highlighting significant momentum in its first 90 days as a publicly traded company, with a completed financing and strategic land consolidation positioning the explorer in one of Nevada's most historically productive silver-gold districts.
The Vancouver-based company is advancing two adjacent properties in the Republic Mining District, Nye County, Nevada, a region that produced high-grade silver in the early 1900s but has seen limited modern exploration until recent years. The district sits along Nevada's Walker Lane structural corridor, which has hosted numerous major discoveries and continues to attract significant exploration investment.
"As we mark our third month as a publicly traded company, Rush Gold Corp. is proud of the strong foundation we've built as a U.S.-focused mineral exploration company," said Anthony Zelen, CEO of Rush Gold. "We are incredibly excited about the potential of our flagship Skylight property in Nevada, and the recent acquisition of the Legal Tender silver property which further strengthens our portfolio."
The flagship Skylight property spans 330 acres and covers what geologists believe is a well-preserved epithermal gold-silver system, a geological environment where hot, mineral-rich fluids deposited precious metals underground and subsequent erosion has not removed the mineralization. Newmont Mining and Rimfire Minerals Corporation explored the ground as part of a joint venture in the 2000s, identifying it as one of their highest-priority targets before the partnership ended and the claims eventually lapsed.
Their limited drilling intersected gold in three of six holes, including 10.67 meters grading 0.49 grams per tonne gold, but the core target beneath a preserved silica cap remains largely untested. Recent technical work has added validation to the geological model. ASTER satellite imaging revealed a 1.2-kilometer alteration footprint at Skylight, precisely the type of large-scale geochemical signature that characterizes significant epithermal systems in Nevada. The technology identifies surface minerals associated with gold-silver mineralization, effectively mapping the hydrothermal system's potential extent.
The Walker Lane corridor has emerged as a major exploration focus following the discovery of over 16 million ounces of gold near Beatty. Blackrock Silver has defined significant silver resources at Tonopah to the south, while Fortitude Gold is advancing the County Line Project toward production just north of Rush Gold's position, with numerous other explorers actively acquiring ground and initiating work throughout the district.
"Following the spectacular discovery of over 16 million ounces of gold near Beatty, exploration activity along Walker Lane has accelerated significantly," said Zelen. "We feel Rush Gold is strategically positioned within a highly prospective exploration corridor."
Rush Gold has consolidated its district footprint through the recent option agreement for the Legal Tender property, located just three kilometers north of Skylight. The historic project covers most of the Republic Mining District and includes several early 1900s mine workings. Historic sampling has returned selective grab samples including 1,875 grams per tonne silver and 4.94 grams per tonne gold from old mine dumps, confirming the district's high-grade mineralization potential.
Coming off of closing its upsized private placement at $500,000, Rush Gold now has the capital to advance targeted field programs. Near-term work will focus on refining targets from ASTER satellite data and 3D geophysics at Skylight, while conducting systematic follow-up at Legal Tender's historic workings. The company's phase-gated exploration approach is designed to preserve capital while testing the highest-priority targets identified by previous operators but never properly drilled.
With gold trading above $4,000 per ounce for the first time in history, exploration projects in proven districts with strong technical merit and major company validation are attracting renewed attention. Lower-grade zones that were marginal at lower price levels can screen as economic at today's elevated prices, expanding the potential scope of viable targets. Nevada remains one of the world's top mining jurisdictions according to the Fraser Institute, offering established infrastructure, favorable permitting pathways, and a mining-friendly regulatory environment.
Rush Gold listed on the CSE on June 23, 2025, raising $450,000 through its initial public offering at $0.10 per share. The company also trades on the Frankfurt Stock Exchange under symbol B6H, providing access to both North American and European investors as it advances toward field programs at its Nevada properties.
CONTINUED… Read this and more news for Rush Gold Corp. at:
https://usanewsgroup.com/2025/09/30/the-nevada-gold-story-hiding-in-plain-sight/
In other industry developments and happenings in the market include:
Fortitude Gold Corp. (OTCQB: FTCO) reported multiple high-grade oxide gold intercepts at the historic East Pit within its County Line Property, including 33.53 meters grading 0.75 g/t gold and 6.10 meters grading 3.97 g/t gold. The Nevada-based producer received all approvals from the Bureau of Land Management and Nevada Division of Environmental Protection in September 2025 to construct and operate the County Line mine, located approximately 16 miles from the Company's operating Isabella Pearl gold mine.
"Additional high-grade oxide gold intercepts speak to our County Line project's expansion potential," said Jason Reid, CEO and President of Fortitude Gold Corp. "We are not only excited to build our second mine in Nevada, but we are also actively in the permitting process for several future mines including Scarlet South, Golden Mile, and Scarlet North."
The Company plans to mine and truck County Line mineralization to its nearby Isabella Pearl operation, leveraging existing heap leach pad and gold processing facilities. With the project now fully permitted, Fortitude Gold can drill freely inside the new Plan of Operations boundary, with recent drill results being modeled for potential inclusion into a mine operations plan and possible resource estimate update.
Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) announced underground development has commenced at the Nazareno silver and gold mine within the La Guitarra complex in Estado de Mexico, with over 700 tonnes of mineralized material already delivered to the Guitarra processing plant. Development reconciliation revealed production silver grades are 40% higher and gold grades are 30% higher than the surrounding 2023 resource block model, which estimated 309,877 tonnes of indicated resources grading 257.3 g/t silver equivalent and 753,784 tonnes of inferred resources grading 251.5 g/t silver equivalent.
"We are excited to be opening a third mining center at La Guitarra, less than a year after achieving commercial production at our first mine within the complex," said Alex Langer, CEO of Sierra Madre Gold and Silver Ltd. "We expect Nazareno to be a significant contributor to silver and gold production as we advance our fully funded plant expansion plans, which would more than double capacity from current 500 t/d levels by Q3 2027."
Development mapping by Sierra Madre revealed several silver and gold-bearing veins merge in this area to form a zone up to 8 meters wide. The Company purchased a new Ingertrol Sandy 50 drill rig capable of drilling 150 meters with NWL pipe to support future mine planning and development work, with drilling planned for both the Nazareno veins and central Guitarra mine area.
Gold Royalty Corp. (NYSE American: GROY) reached its milestone 250th asset with the sale of the Spanish Moon Project to Kinross Gold Corporation while retaining a 3% net smelter return royalty, marking significant portfolio growth from 18 royalties at its March 2021 IPO. The Company's royalty generator model has created 51 royalties since the acquisition of Ely Gold Royalties Inc. in 2021 at minimal cost, contributing to expected 367% gold equivalent ounce growth by 2029.
"The impressive growth that we have achieved, from 18 royalties at our March 2021 IPO to 250 royalties and streams today comes from our four unique pillars of growth, each contributing to our portfolio throughout the company's history," said David Garofalo, Chairman and CEO of Gold Royalty Corp. "Our diversified portfolio provides peer-leading revenue growth, including the expected 367% gold equivalent ounce growth by 2029 and long-dated optionality into the next decade and beyond."
The Company reported positive developments across multiple portfolio assets, including Aura Minerals announcing commercial production at Borborema in September 2025, Fortitude Gold receiving all approvals to construct County Line, and i-80 Gold disclosing robust high-grade mineralization throughout the South Pacific Zone at Granite Creek. Gold Royalty currently maintains 36 properties subject to land agreements and six properties under lease generating land agreement proceeds through its low-cost generator model.
Mineros S.A. (TSX: MSA) (OTCQX: MNSAF) completed its acquisition of the remaining 80% interest in the La Pepa Project from Pan American Silver Corp. for approximately US$40 million, securing 100% ownership of this advanced gold exploration project. The La Pepa Project is located in the Maricunga Gold Belt of the Atacama Region, Chile, approximately 800 km north of Santiago and 110 km east of Copiapó, at 4,200 metres above sea level in the Andes Mountains.
"Securing 100% of the La Pepa Project is a transformative step which adds a second organic growth project in addition to our Porvenir Project in Nicaragua," said David Londoño, President and CEO of Mineros S.A. "This will anchor our future as we mature into a mid-tier gold producer. This asset delivers a major gold resource and solidifies our strategic presence in the world-class mining jurisdiction of Chile."
The transaction terminates the joint venture between Mineros and Pan American Silver and gives Mineros full control over the project's development path. The Latin American gold producer maintains operations in Colombia and Nicaragua with a diversified asset base and a pipeline of development and exploration projects throughout the region.
Article Source: https://usanewsgroup.com/2025/09/30/the-nevada-gold-story-hiding-in-plain-sight/
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SOURCES CITED:
1. https://www.cbsnews.com/news/why-is-the-price-of-gold-rising-4000-ounce-economy/
2. https://ca.finance.yahoo.com/news/5-gold-mining-stocks-racing-162800307.html
3. https://www.jpmorgan.com/insights/global-research/commodities/gold-prices
4. https://sprott.com/insights/gold-miners-shine-in-2025/
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