Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins us to review the Q3 2024 operations metrics at the San Albino Mine in Nicaragua, along with an update of recent exploration results from Las Conchitas, as well as ongoing regional exploration work.  In addition we also discuss the move-forward work strategy at the Eagle Mountain Gold Project in Guyana, and the potential for an accretive acquisition transaction.    Q3 2024 Operational Highlights   29,749 tonnes mined containing 5,414 ounces ("oz") of gold ("Au") at an average grade of 5.66 grams per tonne ("g/t") Au and 5,557 oz of silver ("Ag") at 5.81 g/t Ag 6,781 tonnes mined containing 2,774 oz Au at 12.72 g/t Au and 2,620 oz Ag at 12.02 g/t Ag from diluted vein material 22,968 tonnes mined containing 2,640 oz Au at 3.57 g/t Au and 2,937 oz Ag at 3.98 g/t Ag from historical dump and other mineralized material above cutoff grade ("historical dump + other") 51,865 tonnes milled containing 7,002 oz Au at an average grade of 4.20 g/t Au and 8,479 oz Ag at 5.08 g/t Ag 14% and 86% from diluted vein and historical dump and other, respectively 584tonnes per day ("tpd") milled at 96% availability Mill recovery of 73.4% for gold At quarter end, the stockpile was estimated at 135,496 tonnes at an average grade of 2.49 g/t Au for contained Au of 10,849 oz 5,142 oz Au recovered and 6,532 oz Au sold during the quarter Delivered 40,500 oz of silver as part of the Sailfish Silver Loan for a total of US$ 1.2 million in Q3 2024   Akiba also shares the many regional targets they still have at El Golfo, Potrerillos, and La Segoviana, with the new “El Silencio” targets at La Segoviana getting some ongoing exploration work.   There should be more exploration results from both Las Conchitas, and some of these regional targets coming to the market over the next couple of months.   Next Akiba outlines we get a rough timeline for permitting and the key work initiatives at the Eagle Mountain Gold Project in Guyana, recently acquired through the merger with Goldsource Mines. We wrap up with the Company initiative to make another acquisition by year-end, or at the latest Q1 of next year, as another key upcoming catalyst.    If you have any further questions for Akiba regarding Mako Mining, then please email me at  [email protected].   In full disclosure, Shad is a shareholder of Mako Mining at the time of this recording.   Click here for a summary of the recent news out of Mako Mining.

Akshay Dubey, CEO of CVW CleanTech (TSX.V:CVW - OTCQX:CVWFF) joins me to discuss the Company's new direction towards building a diversified cleantech royalty portfolio.    Akshay explains the Company’s recent $14 million investment in Northstar Clean Technologies, focusing on the financial benefits expected from this deal. He elaborates on the strategic importance of diversifying beyond oil sands technology, tapping into clean technology markets, and building a sustainable model for future growth. Akshay also provides an update on the progress with oil sands operators and the potential for deploying their proven technology in the near future.   If you have any follow up questions for Akshay please email me at [email protected].    Click here to visit the CVW website to learn more about the Company and technology.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss three junior gold, silver, and zinc companies with recent news out to the market; where he is attracted to the current value proposition.   We start off discussing the exploration upside, prospective project, and recent drill results, at Silver47 Exploration Corp. (TSXV: AGA). Highlights from hole DC24-106 include 2.48 meters of 61.44% ZnEq or 2,938.5 g/t AgEq (14.95 g/t gold 249.50 g/t silver, 21.97% zinc, 7.03% lead, 0.42% copper).  While this was near known mineralization it is an impressive high-grade hit, and Erik is interested in seeing more follow-up drilling.   Next we reviewed Callinex Mines (TSXV: CNX) (OTCQX: CLLXF) ongoing fully funded 2024 exploration campaign at the 100% owned Pine Bay Project located within the Flin Flon Mining District of Manitoba.  This project is near infrastructure and the nearby Hudbay 777 mine and processing center that is currently sitting idle, and where this project may be a potential source of mill feed if an economic deposit can be delineated.   We wrap up discussing the news out last week on November 12th, i-80 Gold Corp (TSX: IAU) (NYSE American: IAUX) where in the process of reporting its operating and financial results, the Company announced it envisages a two-step recapitalization process which will include demonstrating a viable path to generating free cash flow, and rescheduling and/or refinancing the existing debt obligations. The company also declared that it is no longer proceeding with the Ruby Hill Base Metal Joint Venture, and considering the potential value of the existing gold resources in a rising gold price environment and taking into account the limited understanding of the base metal potential, it has elected to prioritize more advanced staged gold and silver projects with established resources and technical studies.    (IAU.TO) sold off from $1.32 down to $0.47 on this news on November 13th,  but has started to bounce back some this week.  We question whether the big miss in production guidance, the Base Metals JV being called off, the dilutive C$115million raised in May at much higher prices, and now this company restructuring are all too many red flags to recover.  Conversely we are curious to see how the new CEO Richard Young, famous for selling Teranga to Endeavor Mining, and recently Argonaut to Alamos Gold, is preparing to right-size and restructure the company, and if there is the potential their board may decide to sell of part or all of the company to a larger producer, where this could be a compelling opportunity to be positioning in the company.   * In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.  Additionally, Shad holds a position in I-80 Gold at the time of this recording.   Click here to visit Erik’s site – The Hedgeless Horseman

Fred Bell, CEO, and David Baker CFO of Elemental Altus Royalties (TSX.V:ELE) (OTCQX:ELEMF), both join us to review the key takeaways from the Q3 financials and operations, including record quarterly cash flows and EBITDA.   Financial Highlights   Royalty revenue of US$3.7 million and adjusted revenue of US$4.8 million, up 32% on Q3 2023 Attributable Gold Equivalent Ounces of 1,941 ounces, up 3% on Q3 2023 Operating Cash Flow plus Caserones dividends of US$2.8 million, up 42% on Q3 2023 Adjusted EBITDA of US$3.7 million, up 72% on Q3 2023 Net cash position as of November 18, 2024, following La Mancha US$12.8 million private placement completed post-quarter end US$50 million available liquidity for non-dilutive royalty acquisitions For Adjusted Revenue, Elemental Altus has slightly revised its 2024 guidance range, increasing the low end to $21.6 million from $20.0 million and lowering the high end to $23.1 million from $23.3 million. The guidance range continues to compare favorably with 2023 actual Adjusted Revenue of $17.9 million due to higher gold prices.   We have Fred and Dave break down the financial strength of the company, and the leverage to it’s balance sheet to rising production and revenues. We also review the growth via per-share metrics moving into Q4 and in particular looking ahead to full-year 2025 gold equivalent ounce growth anticipated from Allied Gold’s Korali-Sud (Diba) asset, and the increased production from the assets acquired from AlphaStream Limited in September for US$28 million in equity. The AlphaStream portfolio includes a further 2.25% NSR on the Company's Bonikro royalty, 1.25% NSR on Ballarat, A$5/oz on SKO, and increased interests on 21 other royalties in Australia.   Next we touched upon the cornerstone royalty assets at both Caserones and Karlawinda.  In Q3 2024, the Company accrued adjusted royalty revenue of $1.1 million from Caserones, based on reported sales of 22.0kt of copper. Q3 2024 gold production from Karlawinda was 25,559 ounces. The balance of the Company’s producing portfolio provides immediate exposure and leverage to gold prices that are significantly above consensus forecasts.   Wrapping up we discuss that while this acquisition transaction was done with equity, that the company has a solid cash position, incoming revenues, and a credit facility to go after future accretive transactions.   If you have any follow up questions for Fred or Dave regarding Elemental Altus Royalties, then please email them in to us at [email protected] or [email protected].   In full disclosure, Shad is a shareholder of Elemental Altus Royalties at the time of this recording.   Click here to view recent news on the Elemental Altus Royalties website

Taj Singh, President and CEO, and Adam Cegielski, Chief Development Officer of First Nordic Metals (TSX.V: FNM) (OTCQB: FNMCF), join me to discuss the C$10 million “bought deal” private placement, and how this sets the Company up for a strong year of exploration at their 100% owned Paubäcken, Storjuktan, and Klippen Projects, in addition to the work going on through their JV with Agnico Eagle at Barsele.    We start off discussing the private placement basis 30,304,000 units of the Company at a price of C$0.33 per Offered Unit for aggregate gross proceeds to the Company of C$10,000,320, highlighting the ability to raise capital in difficult markets.  This will set the company up for a robust exploration program in 2025, so we dig into the different  project areas of focus on their 100% controlled land, on the 100km mineralized trend along the Gold Line belt in Sweden.   Paubäcken has had the most historic work completed with clear targets delineated for next year at both the Aeda and Harpsen targets. Storjuktan has had a considerable about of base-of-till drilling and geophysics completed where there are solid drill targets set up for 2025 as well; most notably the Nippas target.  Additionally, on Oct 7th the Company announced a base-of-till, top-of-bedrock drilling program on the 100%-owned Klippen Project  located in the southern extent of the Gold Line Belt, and Taj and Adam walk us through the prospectivity of this newer area of focus.    If you have any questions for Taj or Adam, regarding First Nordic Metals, then please email them to me at [email protected].   In full disclosure, Shad is a shareholder of First Nordic Metals at the time of this recording.   Click here to follow along with the latest news from First Nordic Metals

Chris Donaldson, President and CEO of Valkea Resources (TSX.V:OZ - OTCQB:OZBKF - FSE:S600) joins me to provides an exploration and asset update focusing on the Company’s projects in the Central Lapland Greenstone Belt in Finland, especially the Paana.  Chris discusses the start of a 2,000-meter drill program, the history of exploration by S2 Resources, and the specifics of the drilling strategy to target high-grade mineral zones. He also covers the company's plan for relogging previous drill cores to build a structural model. I then ask Chris about the other projects in the Company’s portfolio including the Palvanen Project, which Kinross elected to back out of the Joint-Venture (JV) agreement.   Any follow up questions for Chris can be emailed to me directly at [email protected].    Click here to visit the Valkea Resources website to learn more about the Company.

Segun Lawson, President and CEO of Thor Explorations (TSX.V: THX) (AIM: THX) (OTC: THXPF), joins me to review the Q3 financials and operations from the Segilola Mine, as well as exploration activities around both Segilola in Nigeria, and further drill results from the ongoing 2024 exploration program at the Douta Gold Project, Senegal.  We also discuss the recent acquisition of the Guitry Gold Project in Cote D'Ivoire.   Segun outlined that the gold poured at the Segilola Mine during Q3 totalled 20,110oz, but mining rates were lower than Q2 2024 due to the previously reported fly-rock incident. Improved controlled blasting practices are now in place to avoid a recurrence. Mill feed grade was 3.22 grammes per tonne ("g/t") gold with recovery at 88.5%. The lower recovery was due to a delayed change in mill liner during the period. The stockpile balance increased by 13% to 1,329,007t of ore at an average grade of 0.94g/t as this was mined during shortfalls resulting from events that occurred during the Quarter.   Q3 2024 Financial Highlights   18,167 ounces ("oz") of gold sold with an average gold price of US$2,328 per oz. Cash operating cost of US$585 per oz sold and all-in sustaining cost ("AISC") of US$766 per oz sold. Revenue of US$40.2 million (Q3 2023: US$36.6 million). EBITDA of US$27.4 million (Q3 2023: US$10.5 million). Net profit of US$17.5 million (Q3 2023: US$0.9 million). Senior debt facility reduced to US$3.9 million as at September 30, 2024. This debt is scheduled to be fully repaid by the end of Q4 2024 Transitioned from a net debt position of US$2.7 million as at June 30, 2024 to a net cash position of US$2.7 million as at September 30, 2024.   We reviewed that the priority of the Company's exploration strategy at Segilola is extending the mine life through delineation of potential additional underground resources, as well as additional geochemical sampling continued at near mine open pit targets. An initial 12-hole drilling program continued during the period with initial positive drill results received from the first two holes of 3.0 m grading 11.24g/t Au from 294m and 1.5m grading 3.22g/t Au from 269m.   Transitioning over to the Douta Project, the RC drilling program was focussed on increasing the percentage of oxide resources at the Makosa East Prospect, which runs parallel to the main Makosa mineralised trend and is additional to the current mineral resource. Additional infill drilling was completed at the Makosa North, Mansa and Maka prospects. Remaining Pre-Feasibility Study ("PFS") and Mineral Resource Estimate update workstreams are being completed, with a target completion in Q4 2024.   Wrapping up we discussed the signing of a binding agreement with Endeavour Mining Corporation to acquire a 100% interest in the Guitry Gold Project for US$100,000 in cash and a 2% Net Smelter Royalty. This is an advanced exploration project with 11,000 meters drilled showing it is prospective for expansion of mineralized zones, and this project will be getting some exploration work focus in 2025.   If you have any questions for Segun regarding Thor Explorations, then please email them into me at [email protected] , and we’ll get those submitted to management or discussed in future interviews.   *In full disclosure, Shad is a shareholder of Thor Explorations at the time of this interview.   Click here to read over the recent news out of the Company.

Ryan King, Senior VP of Corporate Development and IR at Calibre Mining (TSX:CXB – OTCQX:CXBMF), joins me to review the Q3 Financials and operations in Nicaragua and Nevada, and the development progress and expanded exploration program at the Valentine Gold Mine in Newfoundland.   The Company delivered 46,076 ounces in the 3rd quarter and 166,200 ounces year-to- date, grossing $374.9 million in revenue, at an average realized gold price of $2,256/oz. YTD consolidated All-In Sustaining Costs (AISC) of $1,656/oz, and cash provided by operating activities of $88.8 million. Consolidated Q4 production is expected to be the strongest of the year, delivering 70,000 - 80,000 ounces, driven by Nicaragua’s Q4 mine plans which are tracking and plan for significantly higher ore tonnes mined. After increasing ore haulage to Libertad by 30% to 3,000 tonnes per day, we forecast a stockpile build of approximately 30,000 ounces which will be processed in 2025.   The Valentine team continues to make significant progress with construction completion on the mine at 81% at the end of September and the Project remains on track to deliver first gold during Q2 2025. The remaining cost to complete on an incurred basis is C$197 million as at September 30, 2024, and the ground team is continuing to advance the project to production readiness, heading toward mechanical and electrical completion in early Q1, 2025. The Tailings Management Facility is complete and ready to receive water; the CIL leaching area tanks construction is nearing completion; the reclaim tunnel and coarse ore stockpile construction is progressing; the primary crusher installation is well advanced and overland conveyor construction has commenced; and pre-commissioning is underway. With approximately C$300 million in cash (US$115.8-million and restricted cash US$100-million) at September 30, 2024, Valentine's initial project capital remains fully financed.    The Valentine Gold Mine and surrounding property offers an impressive 5-million-ounce resource base and numerous discovery opportunities. The management team has expanded the resource expansion and discovery drill program with a 100,000 meter drill program, in addition to the 60,000 meter program already in place at the Leprechaun and Marathon deposits. Previously disclosed results at Valentine indicate robust growth potential below and adjacent to existing Mineral Resources. The extensive, multi-rig drill program is focused on high priority targets beyond the originally explored 6 km section of defined reserves/resources of the 32 km long Valentine Lake Shear Zone to unlock the significant resource expansion and discovery potential across the property.    If you have any questions for Ryan regarding Calibre Mining, then please email me at [email protected].   In full disclosure Shad is a shareholder of Calibre Mining at the time of this recording.   Click here to see the Calibre Mining news section

Jim Tassoni, CEO of Armor Wealth Strategies, joins us to discuss how he is trading a wide range of markets.    We delve into the recent downturn and rebound in precious metals, evaluate the influence of U.S. election results on market sentiment, and examine the substantial impact of rising interest rates and the dollar on gold prices. Jim also shares his outlook on Bitcoin, outlining resistance levels and the potential for reaching six digits. We discuss bond market trends, specifically around the 10-year yield and its implications for real estate and other interest-rate-sensitive sectors. Finally, we assess the performance of the S&P, NASDAQ, and small-cap indices, with Jim offering insights into trading strategies and long-term market trends.   Click here to visit the Armor Wealth Strategies website to keep up to date with Jim and what he’s trading.

Kyler Hardy, Executive Chairman at Temas Resources (CSE:TMAS - OTCQB:TMASF - FRA:26P0) joins me to provide an in-depth update on the Company’s La Blanche Project in Quebec, which targets critical minerals.    The discussion highlights the recent PEA with a post-tax NPV of $6.6 billion CAD and an IRR of almost 61%, as well as future catalysts including a drill program, pre-feasibility study (PFS), and MET work. Kyler elaborates on strategies to reduce CapEx and improve project efficiency, the titanium dioxide market dynamics, particularly concerning China's role, and future steps for permitting and material processing.   Please keep emailing me your questions for Kyler. My email address is [email protected].    Click here to visit the Temas Resources website to learn more about the Company.

Avi Gilburt, Founder of the Elliot Wave Trader and Safer Banking Research is back to update us on what the charts are telling him about the S&P, gold, GDX, silver, the US Dollar and Bitcoin.    Avi is laying out some huge volatility in the next 2 years so make sure you note the levels he is watching and we’ll follow up with him next month!    Let us know if there are any other charts you would like Avi’s opinion on.   Click here to visit the Elliott Wave Trader website.  Click here to visit the Safer Banking Research website.

Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of Marc To Market joins me to provide an extensive recap of the latest US economic data, including inflation reports (CPI and PPI), retail sales, and industrial production figures. Marc emphasizes the significance of the CPI, noting its slight increase, and discusses the implications for future inflation trends and the potential for a Fed rate cut in December.    We recap Jerome Powell's comments from this week which influenced market sentiment and led to significant market drop by the end of the week. Marc explains how the market's reaction to Powell's indication that the Fed is not in a rush to cut rates affected various indices, including the S&P, NASDAQ, and small-cap stocks.    We also analyze the recent performance of the US dollar, its driving factors, and how it compares globally. Additionally, we delve into the bond market's behavior, especially in light of contradictory movements against Fed expectations.    Looking ahead, the conversation covers anticipated economic events and their potential to shift market directions, such as upcoming jobs and inflation data, as well as key political appointments.   Click here to visit Marc’s site - Marc To Market.

Welcome to The KE Report Weekend Show. This weekend’s show is packed with analysis on gold and gold stocks, interest rates, energy markets, small cap stocks and the major markets. All considering what potential policies Trump enacts while as President.  This week we are attending the New Orleans Investment Conference. If you will be there please drop us a line - [email protected] and [email protected]. If you can’t make it but want us to sit down with any company exhibiting at the conference please email us. Click here to find out which companies and speakers will be in attendance.   Segment 1 and 2 - Richard Postma, AKA Doc, joins us to analyze the precious metals correction,  including the underperformance of mining stocks versus the metals, sentiment shifts to risk-on investments, Gold vs cryptocurrencies, specific PM stock opportunities and technical insight. Segment 3 and 4 - Mike Larson, Editor in Chief at MoneyShow, wraps up the Weekend Show discussing the market's reaction to the Trump presidency and the resulting 'Trump trade.' The discussion covers various asset classes and sectors including Bitcoin, small caps, financials, crude oil, and precious metals. We explore the implications of potential policy changes, particularly around tariffs, energy production, and taxes, and their impact on domestic versus multinational companies. Click here to find out about the upcoming MoneyShow conferences.   

Doug Ramshaw, President of Minera Alamos (TSX.V:MAI – OTCQX:MAIFF), joins us outline the key takeaways from news announced on October 28th about the acquisition of Sabre Gold Mines Corp. (TSX: SGLD) (OTCQB: SGLDF), and the potential of dual-track development for both the Copperstone Mine in Arizona and the Cerro De Oro Project in Zacatecas, Mexico.   Doug points out that this acquisition creates a more diversified North American platform for gold production. Beyond the Santana gold mine operations (Sonora, Mexico), and with the addition of Copperstone (Arizona, US), in concert with the development of Cerro De Oro, these can be developed in tandem in a dual-track approach. He clarifies that this development of the underground Copperstone mine in Arizona is definitely not a pivot away from open-pit mining or the focus in Mexico, but rather a wise tuck-in acquisition to further expand their resource base and production profile. The site at Copperstone has significant infrastructure and permits in place, and the Company already has a mill in storage that will be moved to site next year, and will allow their technical group to quickly advance the project into production.   Switching to the capital management side of the business, Doug shares that Minera Alamos is also in discussions with lenders in connection with potentially expanding existing finance facilities to accommodate the development of both Copperstone as well as their Cerro de Oro project in Mexico, which is awaiting permit approvals. He mentions that this merger is a great example of how complementary assets can be combined to de-risk and scale up a development platform simultaneously.   At the Santana Mine, operations are moving right along sourcing ore from the Nicho Main Zone, and it will remain about a 20,000+ ounces per year production center for the company.  With Copperstone slated to produce roughly 40,000 ounces per year of gold, and Cerro De Oro slated to produce 60,000 ounces per year of gold; there is a clear pathway to 120,000 ounces of gold per year starting in 2026.  After all 3 mines have ramped up to commercial production, then there is also the Fortuna Mine in Mexico that will move into development as mine number 4.    If you have any follow-up questions for Doug regarding Minera Alamos, then please email us at  [email protected] and [email protected], and we'll get them address by management.     In full disclosure, Shad is a shareholder of Minera Alamos at the time of this recording.    Click here to follow along with the latest news at Minera Alamos

Joel Elconin, Co-Host of the PreMarket Prep Show joins me to discuss the recent market downturn triggered by Fed Chair Powell's hawkish comments on Thursday.    We analyze the effects on the bond market, individual stocks, and the continued pullback in precious metals. Joel also shares his insights on the stabilization of interest rates and the performance of mega-cap tech stocks, which have been a large contributor to the recent market weakness. Additionally, we touch on the dynamics of the bond market, the performance of financial sectors, and the implications of U.S. policy under Trump.   Click here to visit Joel’s PreMarket Prep website.

Kelly Malcolm, President and CEO of Borealis Mining (TSX.V: BOGO - FSE: L4B0) joins me to discuss results from the recent 3,500 meter drill program at the Borealis Project in Nevada. The results released on November 14th were from the Graben Deposit, revealing headline numbers of over 4 g/t gold over 21 meters and 2.25g/t gold over 99 meters.    I have Kelly recap the project's historical resources, including a 2011 pre-feasibility study (PFS), and plans for future mining operations. We also cover the recent expansion of the Borealis property through staking and other companies that hold land in the area, like Headwater Gold and Heckla.    Kelly outlines Borealis's M&A strategy focusing on acquiring smaller, high-margin assets and achieving quicker cash flow, as well as the Company's financial position and continued gold production from the oxide heap leach operation. Upcoming news on drilling results, gold production, and potential acquisitions are also highlighted.   Please email me any follow up questions you have for Kelly. My email address is [email protected].    Click here to visit the Borealis Mining website to learn more about the Company.

Jon Gilligan, President and COO of Liberty Gold (TSX:LGD; OTCQX:LGDTF), joins me for a comprehensive update of the exploration, development, and future value drivers at both the Black Pine and Goldstrike oxide gold, open-pit, heap leach Projects in the Great Basin.   We start off reviewing the key metrics from the Pre-Feasibility Study announced on October 10, 2024: Open pit, run-of-mine (no crushing) heap leach operation with a one-year construction period and initial capital expenditure of $327 million Average annual production of 183 thousand ounces of gold in years 1 to 5 with Life-of-Mine average annual production of 135 thousand ounces of gold All-In Sustaining Cost for years 1 to 5 of $1,205 per ounce of gold and LOM AISC of $1,380 per ounce of gold $552 million After-Tax Net Present Value (5%) with a 32% After-Tax Internal Rate of Return and a 3.3 year payback at a base case gold price of $2,000 per ounce $1.296 billion After-Tax Net Present Value (5%) with a 62% After-Tax Internal Rate of Return and a 1.5 year payback at spot gold prices of $2,600 per ounce   Additionally there is still a lot of room for exploration expansion at Black Pine, where the ongoing 20,000 ounce exploration program is exploring 7 key target areas for expanding near-surface mineralization and looking for more potential satellite pits.  Jon also provides a detailed roadmap of the timeline of permitting milestones and derisking initiatives in front of the Company over the next 2.5-3 years through targeted construction and first gold pour.   Next we got an overview of the Goldstrike Project in southwestern Utah, key derisking work on water rights, optimization studies, and the growing importance of antimony mineralization value as a co-credit to the gold in this Project.   We wrap up reviewing the financial health of the company, after the news announced October 7th of the sale of the non-core TV Tower copper gold project, located in Biga Province, northwest Türkiye, where the Company has received US$3.7 million representing the Company’s share of the payment due upon closing; with the remainder of the gross proceeds will be paid in two stages as follows: US$2.2 million on October 4, 2025. US$2.6 million on October 4, 2026.   This gives Liberty Gold a solid treasury of near $11million at present, and plenty of capital to advance the ongoing exploration and derisking work programs at both Black Pine and Goldstrike moving into 2025.   If you have any questions for Jon regarding Liberty Gold, the please email me at [email protected].   Click here to follow the latest news from Liberty Gold

Zach Flood, President and CEO of Kenorland Minerals (TSX.V:KLD - OTCQX:KLDCF - FSE:3WQ0) joins me to provide updates from the Frotet and Chebistuan Projects, as well as answer your questions on a couple other projects in the Company’s portfolio.    We start with the recent high-grade gold drill results from the Frotet project in Quebec, where Kenorland holds a 4% royalty. This project is being advanced by Sumitomo Metal Mining. Drill hole highlights include Hole 24RDD223 which intersected 26.67 g/t over 3.30m. I also ask Zach about the significance of the 3D model for the project and possibility of an initial resource estimate later next year.    We then discuss the upcoming phase 2 drill program at the Chebistuan project, being earned-into by Newmont Corporation. Zach recaps last year’s discovery and future drilling plans.    Zach shares updates on their South Uchi project and discusses potential partnerships, as well as news flow from other projects in the company's diverse portfolio, including the Hunter Project with Centerra Gold.   If you have any follow up questions for Zach or want more information on any project or partnership that Company has with majors please email me at [email protected]. Click here to visit the Kenorland website.    

Maura Kolb, President of Dryden Gold Corp (TSX.V: DRY) (OTC: DRYGF), joins me for an exploration update at the Gold Rock Camp, Sherridon, and Hyndman areas across their Dryden Gold District, in Northwestern Ontario, Canada.      We start off discussing more recent drill results from their Phase 5 drill program at the Elora area of the Gold Rock Camp Project,  with Hole KW-24-024 intercepting the mineralized zone at approximately 190 meters from surface and returning 8.93 g/t gold over 12.45 meters, including 32.96 g/t gold over 2.73 meters.  Maura points out the significance is that we are seeing wide intercepts of gold,  and that these holes from Phase 5 are pushing the depth component even lower and showing continuity of mineralization.   This Phase 5 exploration program consisted of nine drill holes totaling 1,598 meters focused on the depth expansion at Elora and Big Master 1 gold systems and infill drilling at Big Master 2.  We also recap some of the prior work done at both Big Master 1 and 2, as a parallel structure to Elora.  The Company is now kicking off their Phase 6 exploration program at Elora, with plans to put in 5 more deeper holes to keep stepping out along strike and at depth expanding the mineralized shoot.   Next we panned back to the larger overall land package to discuss 2 other key regional targets where the exploration team has been working on ground-truthing and a surface exploration focus, that will be generating future drill targets at both the Sherridon and Hyndman areas of the Project.    Maura outlines how this systematic exploration approach is starting to demonstrate the kind of size and scale to the Project to be of more interest to potential strategic partners.     If you have any questions for Maura regarding Dryden Gold, then please email them in to me at [email protected].   Click here to follow the latest news from Dryden Gold

Dave Erfle, Editor of the Junior Miner Junky joins me to discuss the recent correction in the precious metals and precious metals stocks. Dave provides insights into the current market trends, key support levels for gold and silver, and the impacts of political and economic factors including the U.S. election, China policy and Fed rate cuts. Additionally, the discussion covers the performance of major ETFs like GDX, GDXJ, and SIL, and what investors should watch in the coming weeks.   Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter. 

Scott Berdahl, CEO of Snowline Gold (TSX.V:SGD - OTCQB:SNWGF) joins me  to discuss the recent drill results from the Valley deposit on the Rogue Project, and a new gold and silver anomaly on the Cynthia Project. Both projects are in the Yukon in the Tombstone Gold Belt.    We focus on the Valley deposit drill results, highlighting holes 91 and hole 88 in terms of their gold grades and their role in expanding the deposit. Scott also sheds light on the infill and expansion drilling strategies and their impact on further growing and de-risking the current resource.   We then discuss the new gold and silver target, the intersection target, on the Cynthia project. I ask Scott how the Company plans to explore all the new targets the Company has generated while also focusing on Valley deposit.    If you have any follow up questions for Scott please email me at [email protected].   Click here to visit the Snowline Gold website to read over the recent news and learn more about the Company.  

John Darch, Chairman and Director, and Ken MacLeod, President and CEO of Sonoro Gold Corp (TSXV: SGO) (OTCQB: SMOFF), both join me to introduce the Cerro Caliche Gold Project, and the exploration and development initiatives to move it into open-pit production within 12 months of receiving their final permit in Mexico.   This 1,400-hectare property confirms a broadly mineralized low-sulphidation epithermal vein structure and over 25 northwest-trending gold mineralized zones along trend and near surface. With only 30% of the property’s identified mineralized zones drilled and assayed, the Company filed an updated Mineral Resource Estimate (MRE) in March 2023 based on a total 55,360 meters of drilled data, including 498 drill holes, 17 trenches and assays for 53,865 meters of the drilled data.   In October 2023, the Company filed a new Preliminary Economic Assessment (PEA) demonstrating the potential viability for a 9-year open pit, heap leach mining operation. Using a gold price of US $1,800 per ounce, the project has an after-tax net present value discounted at 5% (“NPV5”) of US $47.7M and an Internal Rate of Return (“IRR”) of 45%. Using a gold price of US $2,000 per ounce, the project has an after-tax NPV5 of US $77M and an IRR of 63%.   John and Ken review the potential for resource expansion, the bench strength and experience of the management team and board, the financial health of the company, the strong inside ownership and backing with even a private unsecured loan, and the plan to grow exploration and resource expansion through the organic revenues generated once the mine is put into production.   If you have questions for John and Ken regarding Sonoro Gold, then please email those into to me at [email protected].   Click here to follow the latest news on Sonoro Gold

Peter Scott, Senior Vice President and CFO of Obsidian Energy (NYSE:OBE - TSX:OBE) joins us to recap the Company's Q3 financial results and growth initiatives.    The Company’s strong Q3 performance saw a 34% increase in funds flow from operations year-over-year driven largely by the Peace River area. We discuss key production figures, including an average of 39,700 BOEs/day, with September averaging over 40,000 BOE/d. Peter shares insights into the company’s growth focus in the Peace River area and the different formations leading the growth, upcoming drilling plans, and balancing debt reduction with capital returns to shareholders through share buybacks and dividends. Additionally, we discuss market sensitivities and potential impacts of fluctuating oil prices on future operations.   If you have any follow up questions or want any additional information on Obsidian Energy please email me at [email protected].   Click here to visit the Obsidian Energy website.  

Sean Brodrick, Editor of Wealth Megatrends and contributing analyst to Weiss Ratings Daily, joins us to unpack the post-election "Trump Trade," which has been strong buying in cryptos, crypto stocks, tech stocks, and large US equities, but conversely strong selling in gold, silver, commodities, and resource stocks.   We also discuss renewable energy and nuclear energy trends, as it relates to policies under question now from the 2022 Inflation Reduction Act.    We start off reviewing the correction and consolidation seen over the last 2 weeks in gold, silver, and the PM stocks, and why Sean could see a corrective move in the yellow metal back down to $2475. He explains why he sold many gold and silver equities last week to pull profits, and rotated more funds into Bitcoin via the iShares Bitcoin Trust (IBIT) and crypto related stocks like MicroStrategy Inc (Nasdaq: MSTR) and Marathon Digital Holdings (NASDAQ: MARA) to keep riding that trend higher. This leads to a discussion on the dynamics around gold versus bitcoin, and the different drivers for each.   Sean points to 3 key factors in policy changes and company adoption of cryptos that has been bullish for that sector, but also makes the case that despite the corrective move in gold, silver, and the PM equities, that he still believes there is far more upside left in the ongoing precious metals bull market medium to longer-term.    The conversation then pivots into the opportunities Sean is seeing in US equities, particularly in online finance and fintech with ETFs like Amplify Transformational Data Sharing ETF (BLOK), and companies like Block, Inc. (NYSE: SQ).  Additionally, Sean remains constructive on large companies and mega-cap tech stocks that can weather the higher for longer interest rates, like Nvidia, Amazon, and Alphabet/Google.    Next we discuss how the Trump administration has been vocal about revoking portions of the Inflation Reduction Act targeting funds for renewable energy, critical minerals, and even nuclear power.  Sean believes sectors like wind and solar energy may indeed languish, for a number of reasons, but is far more bullish on the uranium equities and nuclear power stocks. We wrap up with a nuanced discussion on the importance of having a diversified investing approach and how Sean approaches his own diversified portfolio.    Click here to follow along with Sean’s work at Weiss Ratings Daily and Wealth Megatrends   Click here to learn more about Resource Trader

Matt Badiali, Editor of The New Energy Investor published under Mangrove Investor, joins us to discuss the potential changes the Trump presidency could bring to the critical minerals market and the broader energy sector.    We delve into Trump's stated plans to roll back funding for the Inflation Reduction Act and its downstream impacts on critical minerals like battery metals and copper. Additionally, we explore the implications for sectors such as nuclear power and hydrogen energy. As the government changes hands, Matt shares insights into how companies might adapt and what strategic shifts might occur, both in the U.S. and globally.   Click here to visit the Mangrove Investor website to follow along with what Matt is writing.

Tara Christie, President and CEO of Banyan Gold (TSX.V:BYN - OTCQB:BYAGF) joins me to discuss the Company's latest drill results from the Powerline deposit at the AurMac Gold Project in the Yukon.    Tara discusses high-grade results of up to 539 g/t gold, the strategic importance of infill drilling, and the potential impact on the updated resource and PEA coming next year. The project already hosts a 7 million oz gold resource, all in the inferred category.    Tara outlines Banyan Gold's drilling strategy for 2024, which included 21,000 meters in 118 holes, and highlights the Company's financial position and future plans, including a 2025 resource update and PEA. Tara also touches on the broader exploration potential across the property, which will be tested next year, and the company's revenue from camp rentals and services.   If you have any follow up questions for Tara please email me at [email protected].    Click here to visit the Banyan Gold website.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss three junior resource companies with recent news out to the market; where he is attracted to the current value proposition.   We discussed how the capital markets window has been open for copper-nickel-PGM explorer, developer and near-term producer Magna Mining (TSX.V: NICU) (OTCQB: MGMNF), and gold explorer First Nordic Metals (TSX.V: FNM) (OTCQB: FNMCF).  On November 4th, Magna Mining was able to just raise $21.85 Million in a private placement, and First Nordic announced Oct 30th a bought deal private placement of C$10 Million.   We outline how those funds will likely be utilized to advance their respective projects and the catalysts each company has in front of them.    We wrap up discussing the news out on November 8th, with regards to the Integra Resources  (TSXV: ITR) (NYSE American: ITRG) business merger with Florida Canyon Gold Inc. (TSXV: FCGV), and the trend of junior developers buying producing assets to move their pipeline of projects forward without the need to repeatedly go back to market for capital raises.    * In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.   Click here to visit Erik’s site – The Hedgeless Horseman

Chad Peters, President and CEO of Ridgeline Minerals (TSX.V:RDG – OTCQB:RDGMF), joins me to unpack the key takeaways from the high-grade gold assay results for core hole SW24-006, at the Swift gold project, currently being operated under an exploration earn-in agreement with Nevada Gold Mines ("NGM").  We also outlined other value drivers at that Selena Project being optioned to South32, as well as updates at the Black Ridge, and 100% owned Big Blue Projects, all located in Nevada.   Drillhole SW24-006 is the first of up to three deep core holes planned for the 2024 program and was drilled to a total depth of 918.2 meters ("m"). The hole was designed to test favourable carbonate host rocks along the projection of the Mill Creek thrust fault, a significant structural control and conduit for gold mineralization at Swift. SW24-006 returned a highlight intercept of 1.1m grading 10.4 grams per tonne ("g/t") gold ("Au") within 2.7m grading 7.0 g/t Au starting at 676.3m downhole.  Next we discussed the significance of hole #7 being drilled, stepping out 1km from hole #6, but also only 300 meters away from hole #3.  NGM is exploring using a framework approach to mineralization and structure, searching for large Carlin-style deposits.  Nevada Gold Mines is also doing some earlier-stage ground work at Black Ridge, gearing up for a drill program next year.   We wrap up by reviewing the 2025 exploration plans for the 100% owned Big Blue Porphyry Project, and also the Selena Project as South32 continues to option into the Project, where next will see drilling on 4 different projects.      If you have any follow up questions for Chad regarding Ridgeline Minerals, then please email me at [email protected].   Click here to visit the Ridgeline website and read over the recent news.

In this episode we chat with TG Watkins, Director of Stocks at Simpler Trading, and editor of the Profit Pilot website.    We dive into the market responses to the recent US elections, with a focus on sector out performances including small caps and tech. TG provides insights into the bullish trends in space stocks, driven by partnerships between Elon Musk and Trump's administration, and the growth potential in tech stocks related to AI. We also explore the recent correction in commodities, with TG analyzing why precious metals are struggling while uranium looks poised for growth. Additionally, TG gives his technical analysis on cryptocurrencies like Bitcoin and Ethereum, and their significant breakout patterns.   Click here to visit TG’s site - Profit Pilot

Alex Wylie, President and CEO of Volt Lithium (TSX.V:VLT - OTCQB: VLTLF) joins me to recap the latest announcement regarding the successful reduction of the processing time for the Company’s direct lithium extraction (DLE) field operations from oilfield brine in West Texas from two hours to under 30 minutes.    Alex explains the implications of this advancement, including the ability to scale production and potential reductions in costs. We also cover the production of lithium chloride concentrate and battery-grade lithium carbonate, the current state of field operations, plans for scaling up, and pathways to achieving cash flow by 2025.   If you have any follow up questions for Alex please email me at [email protected].    Click here to visit the Volt Lithium website to learn more about the Company’s DLE technology.

Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of Marc To Market joins us to recap last week’s market moving news and look ahead to next week.    The conversation recaps the past week's market volatility, the Republican’s sweep in the election, and China’s monetary policy announcement. Discussions include the potential impacts of Trump's election win on U.S. economic policies, the Fed's interest rate cut, and global market reactions. We explore the anticipated effects of deregulation on business sectors, the ongoing geopolitical uncertainties in Europe and Asia, and the dynamics of the U.S. dollar against other currencies. We then wrap up with predictions on next week’s market movers, particularly focusing on the U.S. inflation (CPI) data.   Click here to visit Marc’s site - Marc To Market. 

Welcome to The KE Report Weekend Show. It was a busy week with the US election and Fed meeting dominating market headlines. I have to say I'm glad the week is behind us and we can look ahead to the last 2 months of 2024. However the selloff in metals and the stocks was not pleasant.   On this weekend's show we focus on how the election results could impact metals markets. A focus is on the precious metals, copper and critical minerals. We hope you all enjoy the show!   Segment 1 and 2 - Joe Mazumdar, Editor of Exploration Insights joins us to provide an in-depth analysis of how Trump's policies might influence the precious metals market, critical minerals, and mining regulations. We also explore potential changes in energy policies and their effects on metals like silver and copper, along with the state of the M&A landscape in the mining industry Click here to visit the Exploration Insights website to follow along with Joe.  Segment 3 and 4 - Matt Geiger, Fund Manager and Managing Partner at MJG Capital wraps up the show by focusing on the junior resource stocks. We delve into historical market cycles, the impact of political changes on resource companies, and the current M&A activity in the mining industry. Matt also shares his thoughts on recent drill results out of Ridgeline Minerals. Click here to visit the MJG Capital website to learn more about Matt’s fund.

Peter Krauth, author of the book The Great Silver Bull and editor of the Silver Stock Investor newsletter, joins me for a wide-ranging discussion on the macroeconomic factors continuing to move the precious metal sector, and some pro tips on investing junior silver stocks.  This is a longer-format conversation where we cover many areas of consideration like the recent US election outcome, another Fed rate cut, a corrective move in silver and gold after hitting new recent highs, margin expansion in the producers, which stocks have the most torque, merger and acquisitions, juniors with news catalysts, and much more…   The company examples that Peter and I provide for our review of the silver equities at various points in the discussion include:  Gatos Silver, Inc. (TSX: GATO) (NYSE: GATO), First Majestic Silver Corp. (TSX: AG) (NYSE: AG), Coeur Mining (NYSE: CDE), SilverCrest Metals Inc. (TSX: SIL; NYSE American: SILV) , Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF), MAG Silver Corp. (TSX / NYSE American: MAG), Endeavour Silver Corp. (NYSE: EXK; TSX: EDR), Guanajuato Silver Company Ltd. (TSXV:GSVR) (OTC: GSVRF), Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF), GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF), New Pacific Metals Corp. (TSX: NUAG) (NYSE-A: NEWP), Silver Wolf Exploration Ltd. (TSXV:SWLF)(OTCQB:SWLFF), and Argenta Silver Corp. (TSXV: AGAG).   Click here to visit Peter’s site and follow along with his analysis of the silver sector  

This interview is part of a series of interviews that were recorded live from the floor of Josef Schachter’s Catch The Energy conference in Alberta on October 19th.   Phil Hodge, President and CEO of Pine Cliff Energy (TSX:PNE - OTCQX:PIFYF) sat down with me to provide an investment overview of the Company.    Unlike companies that rely heavily on drilling, Pine Cliff has grown through strategic acquisitions over its 13-year history. Phil explains the benefits of the Company’s low decline rate, conservative capital allocation, and focus on dividend sustainability. He touches on the hedging strategy, recent acquisitions, and the company's future acquisition plans. The interview also delves into Pine Cliff's financial health, including the Company's approach to debt repayment.   If you have any follow up questions for Phil or want more information on any aspect of the Company please email me at [email protected].    Click here to visit the Pine Cliff Energy website.  

Chris Temple, Editor and Publisher of the National Investor, joins us to for a longer-format nuanced discussion on the US equity markets, US dollar, gold, and the real health of the economy, after this week's Republican party sweep in the elections, and after the Fed has just cut rates again in November as anticipated.   We get into many different areas of the economy, potential paths forward, and hard decisions and proposed solutions that will need to be considered as we roll into 2025.    We start off discussing the Trump trade rally we saw in US equities, and curiously the US dollar post election results and Fed rate cuts, but yet a selloff in gold and the precious metals sector as the uncertainty of the election results and outlook on geopolitical tensions have now eased some.  Chris gets into a number of initiatives that the new Trump administration will need to consider to navigate the challenging setup with stickier inflation and even stagflation expected if tariffs are implemented, how tax cuts must be balanced with real, but dubious, budget cuts, and reflecting back on different points in history looking for analogs to this kind of macro backdrop we are facing moving forward.    Chris lays out potential pitfalls and potential solutions that are on the table, if this administration has the will to enact them, and unpacks a potential infrastructure fund proposed that would bypass the Federal Reserve, and dependency on greater and greater central banking debt.     Click here to follow along with Chris at the National Investor website.

Dave Erfle, Editor of the Junior Miner Junky joins us to discuss the market reactions for gold, silver, GDX, GDXJ, SIL and SILJ following the US election results. We delve into correction post election, the impact of the Fed's recent rate cuts, and his thoughts on future direction for PMs. Dave shares his insights on gold's recent corrections, the geopolitical and monetary influences driving market volatility, and Trump's potential deregulation policies for the mining sector. Additionally, Dave provides analysis on trends in ETFs like GDX and GDXJ and the interplay between gold and silver prices.   Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter. 

Frank Callaghan, President and CEO of Golden Cariboo Resources Ltd.  (CSE:GCC) (OTC:GCCFF), joins us to introduce this exploration company focused at their flagship Quesnelle Gold Quartz Mine, in the Cariboo Mining District of British Columbia.   We start off getting a broader sense of how the company came together and their team's past success in this mining district, and how their geologists vectored in on exploring for gold at the greenstone belt contact zone at their Quesnelle Gold Quartz Mine.   The exploration team has already drilled 19 holes, of which 15 assays have been released to the market, and is going to continue on drilling year-round, with a small break for the holidays and any frigid winter temperatures.  Much of the drilling has been testing the approximately 1km area between the Main Zone and Halo Zone, and earlier this week some groundwork and soil samples show prospectivity for future drilling stepping out about another 1km.   There is a strong geophysical signature helping out with targeting, that also extends on to their neighbor's, Osisko Development's land package, pointing to the potential of district scale mineralization.   If you have any questions for Frank regarding Golden Cariboo, then please email us at either [email protected] or [email protected].   Click here to follow the latest news from Golden Cariboo Resources

Brien Lundin, Editor of the Gold Newsletter and our host at the New Orleans Investment Conference joins us to discuss the market's reactions to Donald Trump's election victory, focusing on the resource sector. Key topics include the short-term fluctuations in precious metal prices, the impact of the rising U.S. federal debt, and the future economic landscape under the Trump administration. We also talk about the potential benefits of reduced regulations on resource companies with assets in the US and the ongoing support for gold amidst financial uncertainties.   Click here to learn more about the New Orleans Investment Conference on November 20-23. 

Dana Lyons, Fund Manager and Editor of The Lyons Share Pro joins us to discuss the recent market reactions following the U.S. election results. Key topics include the setup and positioning of markets prior to the election, the impact of investor hedging, volatility analysis, and sector-specific movements. Dana also offers insights on the broader implications for various indices, including cryptocurrencies, and the potential for continued strength in the broad averages.   Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services.

Michael Williams, Founder and Executive Chairman of Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: AAGFF), joins me to introduce the vision behind this exploration company focused on expanding and derisking the silver, copper, and manganese mineralization at their flagship Berenguela Project in Peru, and secondary Challacollo Silver-Gold Project in Chile.   We start of diving into the asset and polymetallic silver, copper, and manganese components contained in the current resources in both the Measured and Indicated as well as Inferred mineral categories.  We then get into the nuances as far as how the processing would be envisioned producing silver dore, copper cathodes, and then high-purity manganese crystallization as end products.  This ties into their infrastructure advantages being near both road and rail at the Project.    The company is currently drilling to increase confidence in the mineralization and move some of it up in categories from inferred into indicated in the upcoming resource estimate update slated for Q1 of 2025.  The next key milestone after that will be the Preliminary Economic Assessment (PEA) slated for later next year, where it will incorporate economics around all the metallurgical testing, mine planning, and updated resources.  We also discuss the experience and bench strength of the management team and board, as well as the key strategic shareholder in Eric Sprott.   If you have any questions for Michael regarding Aftermath Silver, then please email them in to me at [email protected], and we'll get them answered directly, or in future interviews.   Click here to follow the latest news from Aftermath Silver

A special Daily Editorial with your hosts, Cory Fleck and Shad Marquitz, breaking down today’s market reaction to the US election results.    We discuss the clearer-than-expected election outcomes with Trump winning the presidency, Senate, and House, and how this has created a sense of certainty among investors. The episode covers significant market movements including the rise in the S&P, NASDAQ, Dow, Russell, and Bitcoin, as well as the performance of the U.S. dollar and 10-year yield. We also delve into sector analysis, including the mixed reactions of precious metals, the strong performance of energy stocks, and potential implications for the automotive sector. We close by discussing the broader implications for U.S. dominance and economic trends under Trump's pro-business stance.   Click here to listen to all the other Daily Editorials on the KE Report.   Please remember to subscribe to our podcast. Search “The KE Report” in your podcast player.  

Andrew Thomson, President and CEO of Palamina (TSX.V:PA & OTCQB:PLMNF) joins me recap the initial drill results from the Usicayos Gold Project in Peru.    Despite some market disappointment leading to a stock drop, Andrew details the results from the Sol De Oro East zone and visual gold from the Sol De Oro South zone, explaining the scout drill program and encouraging consistent gold grades encountered. He dives into the challenges faced during drilling, the structures and mantos identified, and the enthusiasm around hitting visible gold and mineralized intrusives. Andrew also talks about future drilling plans, the importance of further tests, and the optionality within Palamina’s portfolio, including their copper and silver projects and equity and royalty in Winshear Gold’s project, being drilled currently.   If you have any follow up questions for Andrew please email me at [email protected].   Click here to visit the Palamina website to learn more about the Company.

Colin Padget, President and CEO of Founders Metals (TSX.V:FDR - OTC: FDMIF - FRA:9DL0) joins me to provide an overview of the Company and the Antion Gold Project, in Suriname.    We discuss the Company's acquisition of the Antino Gold Project in Suriname in 2023, highlighting its significant stock growth on the back of positive drilling results. With a 45,000 meter drilling program in 2024, Founders Metals aims to advance a number of targets while earning into a 75% interest in the Project through a three-stage process, currently holding 51% of the project.    The conversation delves into historical work on the Project, key current drilling targets, and the strategic advantage of owning their diamond drill rigs which reduce operational costs. Additionally, Colin shares insights about the team's expertise, particularly praising new board member Chris Taylor from Great Bear Resources. Financially, the Company boasts a robust $37 million in cash and a tightly controlled share structure, with significant institutional investments from Dynamic Funds and BlackRock. As they prepare for 2025, the discussion concludes with expectations for continuous news flow and further advancements in their exploration efforts.   If you have any follow up questions or topic you would like Colin to address please email me at [email protected].    Click here to visit the Founders Metals website.

This interview is part of a series of interviews that were recorded live from the floor of Josef Schachter’s Catch The Energy conference in Alberta on October 19th.    Pat Oliver, President and CEO of Bonterra Energy (TSX:BNE) sat down with me to provide an overview of the Company’s current production rates, mainly sourced from the Cardium Formation, and forecasted outputs for the end of 2024. Pat discusses the Company's new land acquisitions in the Montney and Charlie Lake plays, which the Company forecasts will better capital efficiency and growth potential.    The conversation outlines Bonterra's strategic focus on capital efficiency, debt reduction, and generating free funds flow, with a potential return to dividend payouts. We also discuss Bonterra's shareholder base, including significant insider ownership and a tight share structure. Pat shares his background in the sector and the successful track record of his previous ventures. Finally, we address the market's wait-and-see approach to Bonterra's new growth strategy, emphasizing the Company's strong execution and production results so far.   Click here to visit the Bonterra Energy website. 

Glenn Jessome, President and CEO of Silver Tiger Metals (TSX.V:SLVR – OTCQX:SLVTF), joins us to review the key takeaways from the Pre-Feasibility Study (PFS) on the open-pit mine at the El Tigre Silver-Gold Project in Mexico; with plans to have the Preliminary Economic Assessment (PEA) out on the underground mining second phase out in the first half of 2025. We also expand the conversation to touch upon the political change in administrations in Mexico in October and what it means for the mining sector.  We also discuss the silver market and what it means for the silver equities.   We start off by recapping the key metrics and investor takeaways from the PFS on the open-pit portion of the El Tigre Project, which is more gold dominant.  Highlights of the PFS are as follows:   After-Tax net present value ("NPV") (using a discount rate of 5%) of US$222 million with an After-Tax IRR of 40.0% and Payback Period of 2.0 years (Base Case); 10-year mine life recovering a total of 43 million payable silver equivalent ounces ("AgEq") or 510 thousand payable gold equivalent ounces ("AuEq"), consisting of 9 million silver ounces and 408 thousand gold ounces; Total Project undiscounted after-tax cash flow of US$318 million; Initial capital costs of $86.8 million, which includes $9.3 million of contingency costs, over an expected 18-month build, expansion capital of $20.1 million in year 3 and sustaining capital costs of $6.2 million over the life of mine ("LOM"); Average LOM operating cash costs of $973/oz AuEq, and all in sustaining costs ("AISC") of $1,214/oz AuEq or Average LOM operating cash costs of $12/oz AgEq, and all in sustaining costs ("AISC") of $14/oz AgEq;   There has been a lot of drilling done to move categories from inferred into indicated, as well as metallurgical testing, preliminary engineering work, permitting, and social licensing.   The exploration focus is now shifting over to, once again, drilling down into the deeper underground targets with the high-grade silver veins and high-grade shale that is going to be feeding into the PEA for the underground silver-dominant long-mine-life portion of the deposit in the first half of next year. There is going to be a steady stream of newsflow emanating from the Company over the next few months.   Next we pivoted over to the complete sea-change in sentiment that the silver stocks in Mexico have seen from depressed valuations over the last couple of years, to the recent upswing in prices, with more reratings likely to still come once the mining permits start being issued again in H1 of 2025.  Glenn shares the key takeaways he heard from the new President, Claudia Sheinbaum’s, public address; which reiterated that foreign capital investment was safe within their country.  He also reminds listeners that it will be a process to get new cabinet positions filled and for staffing up the new administration, but that he expects the permits will start getting granted next year, and this could be a very meaningful catalyst for Mexican mining projects to get rerated significantly higher once the first one is announced.    If you have any follow up questions for Glenn about Silver Tiger, then please email us at [email protected] or [email protected].   In full disclosure, Shad is a shareholder of Silver Tiger Metals at the time of this recording.   Click here to follow the latest news from Silver Tiger Metals

Shawn Khunkhun, President and CEO of Dolly Varden Silver (TSX.V:DV – OTCQX:DOLLF), joins us to review more wide high-grade gold assays returned from the Homestake Silver Deposit as part of the 2024 exploration program at the Kitsault Valley Project; located in the Golden Triangle of British Columbia.   News out today on November 4th,  highlighted 5 more drill holes reported that targeted the plunge of a wide, high-grade zone within the within a wide gap area of previous drilling. The 2024 drill program is finished for the season, with 69 drill holes completed for a total of 31,726 meters; with 41 holes totalling 15,5467 meters, that were drilled at the Dolly Varden area, and 28 holes totalling 16,181 meters that were drilled at Homestake Ridge. Results are pending on an additional 23 drill holes from Homestake Silver, the Wolf area, and property-wide regional exploration drilling.   Highlights from the Homestake Silver Deposit (*intervals shown are core length):   HR24-432: Mineralized envelope including veins: 8.85 g/t Au and 5 g/t Ag over 48.23 meters, including an internal zone of stronger breccia vein intervals grading 29.24 g/t Au and 16 g/t Ag over 13.94 meters, including one breccia vein grading 701 g/t Au and 184 g/t Ag over 0.54 meters.   HR24-435: Mineralized envelope including veins: 4.64 g/t Au and 38 g/t Ag over 100.80 meters, including an internal interval of stronger breccia vein mineralization grading 12.23 g/t Au and 84 g/t Ag over 34.93 meters. High grade breccia veins include 166 g/t Au and 675 g/t Ag over 0.97 meters.   Shawn reviews what these wide envelopes of gold mineralization mean to the growth of the Homestake area of the deposit, the balance of gold and silver across the overall Kitsault Valley Project, and how investors should think of the growing resources in relation to changes in the gold:silver ratio.   We also review the periodicity of the high-grade silver mineralization in the southern part of the project, and how every 1,400 meters from Torbrit to Wolf to Moose to Chance, there are recurring deposits, and this is helping the team vector in on future targets with ongoing surface sampling and ground truthing work.   If you have any follow up questions for Shawn about Dolly Varden Silver, then please email us at either [email protected] or at  [email protected] and then we’ll get those questions addressed by management, or covered in future interviews.   In full disclosure, Shad is a shareholder of Dolly Varden Silver at the time of this recording   Click here to visit the Dolly Varden Silver website and read over the recent news.

David Gower, CEO and Chairman of Emerita Resources (TSX.V: EMO – OTC: EMOTF), joins me to provide an update on the Phase 2 metallurgical testing results, along with an update on both exploration and development work being conducted at multiple deposits to advance the polymetallic Iberian West Project (IBW), located in southern Spain.   We start by discussing the ongoing work completed in the Phase 2 metallurgical testing at the IBW Project, mostly at the Zinc-Copper-Lead-Silver-Gold La Infanta and Romanera deposits. David shares their approach to optimizing metal recoveries at both areas using separate copper, lead, and zinc concentrates; but also shares how their could be a 4th arsenic concentrate at Romanera to capture the high gold values that would report to this concentrate.  Another option would be an additional circuit removing the arsenic and pouring gold dore bars on site if not going after that 4th concentrate.    El Cura was not part of the Phase 1 or Phase 2 metallurgical study, but is going through it's own testing at present, along with a continued focus on exploration drilling and expanding the defining the resources at this 3rd deposit area.  David walks us through how each of these 3 deposit areas plays into the larger development strategy that the company is explorating, and that this IBW project is now a project designated as significant in Spain, and how the government has been helpful in working along side the Company and navigating the best practices and permitting process.   We wrap up noting the ongoing exploration work at the earlier-stage Nuevo Tintillo Project, and got an update on where things are in the courts, with 4 months until the sentencing portion of the legal proceedings in their initiative to be awarded the high-grade polymetallic Aznalcóllar Project/   If you have any follow up questions for David regarding Emerita Resources, then email those in to me at  [email protected].   Click here to follow the latest news from Emerita Resources

This interview is part of a series of interviews that were recorded live from the floor of Josef Schachter’s Catch The Energy conference in Alberta on October 19th.    Robert Logan, President and CEO, Tony Kraljic, CFO, and Robert Loebach, VP Corporate Development and Capital Markets all sat down with me at the conference to provide an overview of Greenfire Resources (TSX:GFR - NYSE:GFR).    The team discusses Greenfire's recent public listing, positioning as an intermediate growth-oriented oil sands producer, and detailed plans for expanding production capacity. They explain the Company’s capital management strategy, financial constraints with the current debt, and how they plan to efficiently utilize capital for expansion. Additionally, the executives highlight the significant reserves Greenfire holds, the Company's competitive advantages, and the management team's role in driving growth. They also outline key future milestones and anticipated timelines for achieving these targets.   If you have any follow up questions for the team or would like more information on any aspect of the Company please email me at [email protected].   Click here to visit the Greenfire Resources website.