Podcasts about Feasibility study

Mining Stock Daily discusses the new feasibility study published by Integra Resources for the DeLamar Gold Silver Heap Leach Project. The study reveals promising economic metrics, including a significant after-tax NPV and IRR based on current gold prices. The discussion delves into the differences between the preliminary and final feasibility studies, the implications of project financing and permitting challenges, and the influence of the silver market on Integra's stock performance. The conversation concludes with insights into the future prospects of the project and the company's strategic direction.

Integra Resources have published the Feasibility Study for the DeLamar gold and silver Heap leach project in Idaho. We have new drill results form Cartier Resources and Orla Mining. Vizsla Silver acquire more claims. Heliostar Metals recommence mining operations at San Austin. Hemlo Mining have their first goal pour. This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠revival-dash-gold.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠equinoxgold.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Integra Resources is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com

In this KE Report update, I'm joined by Tim Clark, President & CEO of Fury Gold Mines (NYSE/TSX:FURY), along with Bryan Atkinson, Senior Vice President of Exploration, to discuss the company's growing gold resource portfolio and 2026 shift toward development in Québec's James Bay region. Key discussion points include: Sakami Project - Inferred Resource Update - A newly outlined ~825,000-ounce inferred gold resource at 1.07 g/t Au, with upside potential from limited drilling and multiple open extensions. Exploration Upside in James Bay - Multiple targets along a 23+ km gold-bearing structure, supported by solid infrastructure and low discovery costs. Strategic Focus for 2026 -  Fury is shifting capital and attention toward advancing its most de-risked asset, Eau Claire, while maintaining optionality across its broader land package. Eau Claire - Moving Toward Production - Ongoing drilling focused on resource conversion, continuity, and improving the production profile as the project advances from PEA toward Feasibility Study. If you have any follow up questions for Tim or Bryan please email me at Fleck@kereport.com.    Click here to visit the Fury Gold Mines website to learn more about the Company and read over the recent news. ---------------- For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this KE Report company update, we reconnect with Scott Berdahl, President & CEO of Snowline Gold, for a detailed discussion on the company's transition from a strong PEA into a newly commenced Pre-Feasibility Study (PFS) at the flagship Valley Gold Deposit in Yukon. This conversation focuses on what changes investors could see moving from the PEA to the PFS, how recent drilling may impact the resource and mine plan, and the extensive engineering and de-risking work already underway. Scott also outlines what drill results remain pending from Valley and regional targets, Snowline's broader exploration strategy alongside development, and why advancing Valley remains the core value driver for shareholders. If you have any follow up questions for Scott please email me at Fleck@kereport.com.   Click here to visit the Snowline Gold website to read over the recent news and learn more about the Company - https://snowlinegold.com/   ------------------------ For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Dr. Thomas Mumford, President of Scottie Resources (TSX.V:SCOT – OTCQB:SCTSF),  joins me to review the key takeaways from the Bulk Sample report, when compared with expectations from the October 2025 Preliminary Economic Assessment (PEA).   Additionally, we get an update on the ongoing ore-sorting studies, what was learned from this year's drill program, the preparation for the largest drill program to date in 2026, and the Feasibility Study workstreams underway at the Scottie Gold Mine Project; located in the Golden Triangle of British Columbia.   The recent PEA outlined a robust Direct-Ship Ore (“DSO”) development scenario for the Scottie Gold Mine Project, with strong economics and leverage to the current gold price environment, and additional upside potential through local toll milling.  The DSO process was successfully demonstrated during this trial mining and Bulk Sample, which was mined at the Bend Vein pit at the Scottie Gold Mine Project, then mucked, visually sorted, and crushed over the 2025 summer season. The transportation of this material was completed moving around 100 truckloads of material down the Granduc road to the Stewart bulk shipping facility without any concerns or challenges, and it is going to be shipped over to Ocean Partners imminently.   Highlights: An estimated 4,588 wet tonnes have been prepared for export to an Ocean Partners facility in Taiwan with better-than-expected average preliminary assays of 15.89 g/t gold and 42.28 g/t silver Per the Company's agreement with Ocean Partners, a 90% upfront payment is to be received five days after sailing at a gold price of US$4100/oz and silver price of US$49.50/oz Vessel has been booked and is expected to be loaded between December 10th and 12th 2025 The final 10% payment will reconcile any difference between estimated and final ounces and will be priced based on metal values at the time grades are finalized and agreed upon.  It is estimated that gold sold will generate a net profit of ~CAD$9Million.   Thomas outlines that the company plans to move straight into work streams for a Feasibility Study (FS), with actual cost estimates and more detailed economics, as the next major economic study to be undertaken.  The FS is slated to take about 8-10 months after all the 2025 drill results from the 27,309 meter program are in hand and integrated into their resource model.   We got into the resource assumptions used in the PEA and Thomas outlined how these resources are going to expand now that 4 diamond drill rigs were turning this year in the largest exploration program to date, across different parts of the high-priority Blueberry Contact Zone, and around the past-producing Scottie Gold Mine. A key initiative was infilling areas with tighter spacing, focused on upgrading the resources from inferred to indicated categories at the Blueberry Contact Zone. However many of the holes also went deeper, doing some true exploration work with a focus on expanding the potential open pit and upper portions of the underground resources at both Blueberry and Scottie areas.   Wrapping up we discussed the preparations for the largest drill program to date for 2026, the various Feasibility Study workstreams, and the financial strength of the company which is fully-funded for all these initiatives.     If you have any questions for Thomas regarding Scottie Resources, then please email them in to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Scottie Resources   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In today's show, we're joined by Chris Showalter, CEO of Lifezone Metals, the company behind the Kabanga Nickel Project in north‑west Tanzania, one of the world's highest‑grade, development‑ready nickel sulphide deposits.  We discuss how the company fits into the evolving critical minerals landscape, its role in building Western refining capacity, and why its Hydromet Technology could be a game-changer compared to traditional smelting. Chris will also share highlights from the recent Feasibility Study and the key milestones Lifezone is targeting over the next 12–24 months. KEY TAKEAWAYS LifeZone's innovative approach leverages chemistry to process ores, reducing the carbon footprint and operational costs associated with high-temperature smelting. The recent feasibility study for the Kabanga project revealed a net asset value of $1.58 billion and a 23.3% internal rate of return (IRR) at conservative nickel pricing LifeZone is actively seeking partnerships and funding to support the development of the Kabanga project. The company is working with the U.S. Development Finance Corporation and other international entities to secure approximately $700 million in debt financing Over the next 12 to 24 months, LifeZone aims to finalise its equity consortium and advance its project financing. Additionally, the company is exploring other opportunities, such as recycling metals from autocatalytic converters BEST MOMENTS "We are going to be one of the most critical sources of nickel with byproducts of cobalt and copper for the Western nations to wean away from the tightly controlled Indonesian market." "HydroMet is focusing on water-based solutions and really letting the chemistry do the hard work in a much more energy-efficient process." "Our total ore production is 52.2 million tons, creating 1.98% nickel, which is very high... that drives the economics." "Kabanga's time has come. This mine will be built. It's these flagship projects with this kind of grade, and this is the right time for Kabanga." GUEST RESOURCES LinkedIn: https://www.linkedin.com/company/lifezone-metals/ Website: https://lifezonemetals.com/ Email address: info@lifezonemetals.com VALUABLE RESOURCES Mail:        ⁠rob@mining-international.org⁠ LinkedIn: ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠ X:              ⁠https://twitter.com/MiningRobTyson⁠  YouTube: ⁠https://www.youtube.com/c/DigDeepTheMiningPodcast⁠  Web:        ⁠http://www.mining-international.org⁠ CONTACT METHOD ⁠rob@mining-international.org⁠ ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.  This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/

Ewan Webster, President and CEO of Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF), joins us for a comprehensive overview of the Pre-Feasibility Study (PFS) announced on December 1st, at the combined Lawyers-Ranch Project, in the Toodoggone Mining District of British Columbia.   This Lawyers-Ranch project hosts a resource of 4.7 million gold equivalent ounces, with a substantial silver contribution, but the PFS economics are based solely on the Proven & Probable Reserves of 3.2 Moz AuEq.   PFS highlights are summarized below: Strong Economics at US$2,900 per ounce of gold (oz Au) and US$35 per ounce of silver (oz Ag): Pre-tax: 73.5%, internal rate of return ("IRR") and $3.73 billion net present value at a 5% discount rate ("NPV5%") After-tax: IRR of 54.4% and an NPV5% of $2.37 billion At US$4,100/oz Au and US$51/oz Ag: Pre-tax: 117.4% IRR and $6.86 billion NPV5% After-tax: 87.8% IRR and $4.36 billion NPV5% Strong Early Production: Strong gold-equivalent ("AuEq")* annual production rates for the first three years averaging 266,000 ounces**, and 187,000 ounces** over the Life of Mine. Increased Tonnes Processed, Increased Throughput Rates and Extended Mine Life: Despite the removal of Inferred Resources from the mine plan, total tonnes processed rose by 18% (relative to the 2024 Preliminary Economic Assessment). Process plant throughput increased by 9% to 13,700 tonnes per day (t/d) and the mine life increased to 15-years, based solely on Measured and Indicated Resources. Mineral Reserve: Maiden Mineral Reserve statement with 76.16 million tonnes of ore grading 0.97 g/t Au and 28 g/t Ag for a total AuEq grade of 1.33 g/t. Low All-in Sustaining Costs ("AISC"): Average AISC of US$1,185 per AuEq ounce. Silver: Silver production accounts for approximately 23% of revenue. Quick Payback: The Project offers an after-tax payback period of 1.1 years at US$2,900 Au and US$35 Ag. Capex: Initial capital expenditure is estimated at $736.2 million, with a compelling after-tax NPV5%:initial capital ratio of 3.2:1. The initial capital estimate does not consider a potential revenue of $91.1 million in pre-production revenue from processing stockpiles as part of the initial commissioning and ramp-up plan. Project Upside: Significant project upside exists both in the potential to further optimize engineering design through a Feasibility Study, and in the project-wide exploration potential that remains untapped. The PFS did not include recovery of the crown pillar between the open pit and underground workings. With further study there is an opportunity to increase the mineable ore from underground without impacting the open pits. Inferred mineral resources from both Ranch and Lawyers are not captured within the PFS mine plan. Upgrading the classification of these Inferred ounces through additional drilling presents an opportunity to potentially expand the mineable materials. Numerous early-stage and undrilled targets exist across the entirety of the Lawyers-Ranch tenure, and Thesis is focused on a comprehensive, systems-based approach to unlocking additional exploration potential in an emerging porphyry district.       If you have any questions for Ewan regarding Thesis Gold, then please email them into us at Fleck@kereport.com or Shad@kereport.com.   In full disclosure, Shad is a shareholder of Thesis Gold at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Thesis Gold   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Justin Reid, President and CEO of Troilus Mining Corp. (TSX: TLG) (OTCQX: CHXMF) (FSE: CM5R), joins me for a comprehensive update on their recent name change from Troilus Gold due to them having a project of scale with a substantial copper component, at the Gold-Copper Troilus Project located in northcentral Quebec, Canada.    The potential for large future copper production, in concert with the gold and silver, has been integral in building out the capital stack with ECAs and MCAs, getting offtake agreements in place, and in bringing in key investors into the most recent capital raise.  In addition, we discuss the advancement of basic and detailed engineering studies, get an update on the permitting progress, review peer comparisons on valuations, and discuss the exploration success at the Southwest Zone and the upcoming regional drill program,   We start off noting that at present there are already 13 million gold equivalent ounces in all categories in place at the deposit; but that the 22 year projected mine life and robust economics are only factored on roughly half of these resources at present.   On November 19, 2025,Troilus Mining announced that it has increased its previously announced debt financing mandate from US$700 million to up to US$1 billion. The upsizing of the mandate reflects the strength of current commodity markets and the material uplift in project economics relative to the conservative assumptions used in the Feasibility Study. It also underscores the continued confidence of the Company's lending partners and Troilus' growing strategic importance as one of North America's next major copper-gold mines.   On November 14, 2025, Troilus Mining announced that it has closed its previously announced bought deal public offering, including exercise of the over allotment option issuing 133,722,000 common shares of the Company at a price of $1.29 per Common Share for aggregate gross proceeds of $172,501,380. The net proceeds from the sale of the Offered Shares will be used by the Company to fund ongoing pre-development activities, debt repayment, and for working capital and general corporate purposes.   Basic engineering of the Project led by engineering partner BBA Inc has now mostly been completed, and is moving on to detailed engineering.  Following the completion of trade-off studies and process flowsheet definition earlier this year, the focus shifted to cost estimation, procurement, and execution planning. Major deliverables - including capital cost estimates, vendor evaluations, and project execution plans - are now well advanced, supporting a targeted construction decision in 2026. Key trade-off studies were conducted, resulting in design improvements to support scalability, operational robustness, and energy efficiency, with minimal impact to capex.   Construction Readiness and Commissioning Preparation   Layouts of construction facilities have been developed to optimize logistics and cost planning. Review of 3D models for the Project's process plant, dry comminution circuit, and site infrastructure is over 30% complete. Commissioning systems have been identified and sequenced to ensure a structured transition from construction to operations.   Switching over to the permitting progress, on June 25th the Company announced that it had officially filed the Environmental and Social Impact Assessment (“ESIA”) with both the Government of Québec and the Government of Canada. The submission of the ESIA marks a major milestone in the development of the Troilus Project, representing the culmination of over five years of comprehensive baseline studies, robust technical evaluations, and meaningful engagement with Indigenous and local communities. Permitting should time out with remaining economic studies and engineering for a construction decision in 2026.   Wrapping up we discussed all the infill and expansion drilling at the Southwest Zone this year that will continue into next year, which has continued to hit increased grades over broad intercepts.  Raising the grade profile of this key area positively impacts the first 5 years of mining in the development scenario.  Justin also highlights regional drilling opportunities that the exploration team will pursue in 2026.     If you have any questions for Justin regarding Troilus Gold, then please email them over to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Troilus Gold at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow along with the latest news from Troilus Gold   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.  

Interview with George Bee, President and CEO, US Gold CorpOur previous interview: https://www.cruxinvestor.com/posts/us-gold-corp-nasdaqusau-permitted-gold-copper-project-targets-january-dfs-with-17moz-reserve-8558Recording date: 2nd December 2025US Gold Corp is positioning itself as one of the few fully permitted gold development projects in the United States as it prepares to release a feasibility study for its CK Gold Project in Wyoming. President and CEO George Bee, speaking at the Resourcing Tomorrow conference in London, outlined the company's timeline for transitioning from developer to producer while maintaining significant exploration upside in Nevada.The feasibility study, expected in January 2026, incorporates advanced Jameson cell flotation technology that delivers improved recovery rates with lower capital and operating costs compared to conventional processing methods. The company has also optimized its tailings management system, switching to continuous belt filtration for enhanced efficiency. While inflation will impact some cost estimates, Bee emphasized that rising gold, copper, and silver prices more than offset these increases.The CK Gold Project benefits from exceptional infrastructure, located just 90 minutes from Denver International Airport via interstate highways. This strategic positioning enables a daily commuting workforce, eliminating remote camp costs while providing access to established mining services. The local utility will provide power infrastructure through a substation connection, with the company paying only demand charges rather than capitalizing construction costs.Development activities have commenced with access road construction beginning December 2025 using existing treasury funds. Following financing completion in the first half of 2026, heavy earthworks will progress through 2027, with major equipment installation occurring year-end 2027. Commissioning is scheduled for late 2027, positioning the project for commercial production in 2028.The operation will produce approximately 110,000 gold equivalent ounces annually over an initial 10-year mine life, generating a clean copper-gold concentrate attractive to smelters. Once CK generates cash flow, management plans to self-fund exploration at the Keystone project in Nevada, located 11 miles from Barrick's Cortez complex in the same geological environment as world-class Carlin-type deposits. This strategy allows US Gold to pursue district-scale discovery potential without shareholder dilution while maintaining its near-term focus on construction execution.Learn more: https://www.cruxinvestor.com/companies/us-gold-corpSign up for Crux Investor: https://cruxinvestor.com

Vista Gold CEO Fred Earnest joined Steve Darling from Proactive to outline the company's updated development strategy for its flagship Mt Todd Gold Project in Australia, following the release of a new feasibility study that redefines the scale, economics, and execution pathway for the project. Earnest explained that the project has been rescaled to a more streamlined and manageable production rate of 15,000 tonnes per day, reflecting a focused and highly executable development approach. The updated feasibility study assumes a gold price of US$2,500 per ounce and delivers a post-tax NPV5 of approximately US$1.1 billion, with an internal rate of return (IRR) of nearly 28%. At a higher gold price of US$3,300 per ounce, the projected economics strengthen significantly, with the post-tax NPV5 increasing to roughly US$2.2 billion and the IRR approaching 45%. “This feasibility study represents a completely new vision for how we can advance and develop Mt Todd,” Earnest said, noting that the revised plan improves capital efficiency while maintaining the project's long-life production potential and strong financial metrics. Work at the site is already progressing, with metallurgical drilling underway and ongoing site management activities continuing through the Australian wet season. In parallel, Vista Gold is updating and adjusting its existing permits to ensure they align with the newly defined development plan and operating scale. To support the next phase of advancement, the company has begun recruiting a dedicated core team in Australia to manage the Mt Todd project locally, transitioning oversight from its Denver-based headquarters to an on-the-ground operational structure. This move is intended to enhance project execution, regulatory engagement, and stakeholder coordination. Looking ahead, Vista Gold expects to initiate detailed engineering work in late 2026. The company is targeting a 27-month development timeline from the start of engineering through to the commencement of gold production, positioning Mt Todd as a potential near-term, high-impact gold development in the Australian market. #proactiveinvestors #vistagoldcorp #nyseamerican #tsx #vgz #MtTodd #GoldMining #MiningAustralia #FeasibilityStudy #GoldInvesting #MiningStocks #GoldProduction #JuniorMining #ResourceDevelopment

Some long-held assumptions about feasibility studies can slow an organization's progress long before a campaign begins. Many teams believe they should polish every detail, finalize every plan, and prepare elaborate materials before speaking with their largest supporters. But when you pause to look closely, those assumptions create missed opportunities and weaker campaign momentum.In this episode of All About Capital Campaigns, Andrea Kihlstedt and Capital Campaign Pro's Vice President and Chief Happiness Officer, Sarah Plimpton, take a close look at five common myths surrounding feasibility studies and shed light on a more effective approach: the Guided Feasibility Study Model. Drawing from years of collective experience and more than one hundred guided studies, they share why early donor conversations strengthen your case, sharpen your direction, and build the kind of relationships that fuel successful campaigns.Andrea explains how her early career conducting traditional studies revealed a key flaw. Consultants were often the first people to speak with major donors about a project, even though they were not the ones who knew the organization's plans with the same depth and nuance. When donors asked questions about the vision, program details, or the reasoning behind the project, the consultant could only speak to what they had been told. That disconnect revealed the need for a new structure—one that placed executive directors, board chairs, and other leaders directly in front of donors while still benefiting from consultant expertise behind the scenes.Sarah then walks through the first myth: the belief that everything must be polished before meeting with donors. She describes how donors respond with enthusiasm when they are invited to help shape ideas during the early planning stage. Instead of feeling like they are being presented with a finished product, donors feel trusted. They ask better questions, offer insight leaders may not have considered, and place greater value on the project because they helped strengthen it.Andrea and Sarah then address the idea that leaders do not have enough time for this level of involvement. They share stories of executive directors who initially felt overwhelmed yet soon realized that these donor conversations were the most important work they could be doing. When leaders reorganize their priorities, delegate less essential tasks, and commit to these meetings, the entire campaign gains clarity.Next, they take on the myth that feasibility studies slow things down. In practice, Andrea and Sarah have seen the opposite. The guided model leads to early relationship-building, clearer messaging, and, on occasion, early commitments. Leaders walk into the quiet phase with stronger groundwork already in place because cultivation has been happening throughout the study.Finally, they explain why consultant involvement still matters even when leaders conduct the interviews. Consultants train interviewers, shape the right questions, help teams gather useful information, and interpret feedback so the organization can produce a meaningful report for its board. Without this support, leaders may struggle to make sense of what they hear or overlook important themes.The episode closes with a shared observation: leaders consistently find these conversations enjoyable. Many say they wish the study could continue because the discussions feel energizing and deeply connected to their mission. Andrea notes that this shift often strengthens fundraising long after the campaign is complete.If your organization is preparing for a major project or exploring the first steps of campaign planning, this episode offers guidance that will help you build stronger relationships and clearer direction from the start.For more feasibility study guidance, be sure to download our free Ultimate Guide to Capital Campaign Feasibility Studies.

Mark Brennan,  Founder, CEO, and Director of Cerrado Gold Inc (TSX.V: CERT) (OTCQX: CRDOF), joins me to review their Q3 2025 financial and operational metrics at the producing Minera Don Nicolas (MDN) gold mine in Argentina. We discuss the aggressive 70,000 meter exploration program on tap for MDN into 2026, and unpack the key upcoming development catalysts at the Lagoa Salgada VMS Project in Portugal and the Mont Sorcier Iron-Vanadium project in Quebec.   Q3 2025 Financial Highlights Gold equivalent production of 13,832 Gold Equivalent Ounces (“GEO”) vs 11,437 GEOs in Q2 2025 (+21%) at an AISC of $1,915/oz Adjusted EBITDA of $11.8 million for Q3 2025, and Cash at $16.5 million Partial hedge expires end December increasing future gold sale prices Full year guidance of 50,000-55,000 GEO maintained: Heap leach production growing as expanded crushing capacity and improved recoveries result in another record of quarterly production of 10,429 GEO (+33% vs Q2) Q4 Underground mining production ramping up with underground development at Paloma advancing, and three access portals targeted to reach production stopes by year-end. CIL plant starting to receive ore from underground development, production expected to ramp up in Q4/2025 as higher-grade underground material supplants lower grade stockpile feed in the mill 20,000 meter exploration program expanded by 50,000 meters to a 70,000 meter surface program, with additional rigs to arrive in the fourth quarter   Mark and I review their Minera Don Nicolas producing gold project in Argentina, and the record heap leach gold equivalent ounce production for the quarter. There is expanded and improved crushing capacity at the heap leach, from the newly installed secondary crusher, and this will continue to be impactful on a move-forward basis in Q4 and beyond, with the quantity of ore being placed on the pad having increased, and with it helping to reduce down unit costs in the latter part of H2 2025.   Next we unpacked the growing value proposition at the Lagoa Salgada VMS Project  in Portugal, with a Post-tax NPV of US$147 million and a 39% IRR in the current Feasibility Study. This Project adds both substantial precious metals resources along with critical minerals exposure (42 % Gold & Silver, 24% zinc, 14% copper, and 5% tin) to the future production profile.  We also discuss the various work streams leading to optimized Feasibility Study in Q4, a construction decision by mid-2026, and with first production slated for early 2028.   We wrap up discussing the underappreciated value and ongoing derisking work that is moving towards a Bankable Feasibility Study which has been moved back to Q2 of 2026 at the Mont Sorcier Iron Project in Quebec. Recent metallurgical test work, has reaffirmed the potential to produce high-grade and high-purity iron concentrate grading in excess of 67% iron with silica and alumina content below 2.3%.     If you have questions for Mark regarding Cerrado Gold, then please email those to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Cerrado Gold at the time of this recording, and may choose to buy or sell shares at any time.   Click here to see the latest news from Cerrado Gold.   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.  

Dr. Robert Quartermain, Co-Chairman, Director and CEO of Dakota Gold (NYSE American: DC), joins me for an exploration and development update from their Richmond Hill Oxide Heap Leach Gold Project. He also outlines the long-term optionality of their Maitland Gold Project.  Both projects are located in the historic Homestake District of South Dakota, near existing mining infrastructure.    Richmond Hill is one of the largest undeveloped oxide gold resources in the United States being advanced by a junior mining company, with over 6 million ounces of gold and over 60 million ounces of silver moving along the pathway of development into heap leach production as soon as 2029. M&I plan identifies 168.3 million tonnes at a grade of 0.566 grams per tonne gold (“g/t Au”) for a total of 2.6 million ounces produced over a 17-year life of mine. MI&I plan identifies 273.7 million tonnes at a grade of 0.530 g/t Au for a total of 3.9 million ounces produced over a 28-year life of mine. Principle Projects are on Private Land which equates to a positive attribute for efficient permitting with State and County organizations.   On November 19th, assay results from 26 drill more holes were reported as part of the ongoing 2025 drilling campaign at the Richmond Hill Project, including the first assays from expansion drilling in the northeast corner of the Project.   Highlights from this update include:   Expansion and infill drill holes in the northeastern corner of the Project area are intersecting significantly higher-grade gold than the average resource grade including RH25C-278 intersecting 1.75 grams per tonne gold (g/t Au) over 19.9 meters (35 gram meters) and RH25C-295 intersecting 2.15 g/t Au over 30.0 meters (65 gram meters). The expansion drilling surrounding the area has the potential to add to the resource based on prior drilling and current resources in the area, and is only limited by drilling and remains open.   Metallurgical drill holes across the northern Project area continue to intercept high-grade gold, de-risking the Project and providing greater confidence in the resource including RH25C-270 intersecting 2.26 g/t Au over 29.2 meters (66 gram meters) and RH25C-288 intersecting 4.15 g/t Au over 14.5 meters (60 gram meters). The metallurgical drilling results demonstrate the low-risk nature of the deposit with widespread mineralization.   Drilling continues to confirm high-grade gold mineralization in the northern portion of Richmond Hill, supporting the Company's plan to prioritize initial mining in this area. Dakota Gold currently has two drills operating on site and expects to complete approximately 27,500 meters (~90,000 feet) of drilling during the 2025 campaign.   Robert highlights how these robust gold and silver resources, site infrastructure, and low cost project economics, point to a low-cost, long-life mining operation that can deliver high margins and generate meaningful revenues.  He points out how the higher grade mineralization in the northeast corner may accelerate the economics and shorten the payback period outlined in the SK 1300 Initial Assessment with Cash Flow earlier this year. Strong Economics: At a base case gold price of $2,350 per ounce, the project has an after tax NPV5% of $1.6 billion and IRR of 55% for the M&I plan, and $2.1 billion and 59% respectively for the MI&I plan. At recent metal prices of $3,350 the NPV5%'s increase to $2.9 billion and IRR of 99% and $3.7 billion and 107%, respectively. Low-Cost: Initial Capital of $384 million, including $53 million contingency, with life of mine All-in Sustaining Costs (“AISC”) averaging $1,047 for M&I plan and $1,050 for MI&I plan.   With the metallurgical drilling for the 2025 campaign now complete, the company is advancing heap leach column testing and looks forward to sharing those results as they are completed.  The company is rapidly advancing its Richmond Hill project toward eventual surface heap leach gold operation as soon as 2029. Building on the robust IACF, ongoing exploration, metallurgical tests, and derisking workstreams will be incorporated into the Feasibility Study planned for completion in early 2027, with construction starting in 2028 and first production targeted for 2029.   At the Maitland Gold Project the Company is currently assessing the exploration data collected to date from the JB Gold Zone and the Unionville Zone with the intent of outlining an initial inferred gold resource. The work is expected to be completed in the fall of 2025. To date the JB Gold Zone has encountered a number of high-grade intersections which average 10.76 g/t Au over 4.0 meters.       If you have any questions for Bob Quartermain regarding Dakota Gold, then please email those in to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Dakota Gold at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow the latest news from Dakota Gold   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Brad Rourke, CEO and Director of Scottie Resources (TSX.V:SCOT – OTCQB:SCTSF), joins me to share his key takeaways after just marketing at 3 European conferences, the 2025 AME award just announced for Thomas Mumford, President of Scottie Resources, and a review of recent Company news.  We get into recent exploration results, an update on the bulk sample progress, details of the recent capital raise, and a review of all the feasibility-level workstreams underway at the Scottie Gold Mine Project; located in the Golden Triangle of British Columbia.   After attending the New Orleans Investment Conference earlier this month, Brad marketed at conferences in Zurich, Frankfurt, and London, and came away quite encouraged. Overall, there appears to be a shift taking place at a number of these conferences with regards to the quality and sincerity of engagement from retail and institutional attendees.   Scottie Resource was notified last week that company President, Thomas Mumford, will be the recipient of one of the AME Awards, to be presented on January 28, 2026 at the Vancouver Convention Centre West. Thomas Mumford is the recipient of the 2025 AME H.H. "Spud" Huestis Award for excellence in prospecting and mineral exploration in B.C. and/or Yukon for his leadership in the discovery of Scottie Resources' Blueberry Contact Zone in Northwest B.C.   Brad highlights how proud their team is of Thomas, and believe this illustrates the quality and sector significance of the growing deposit at the Blueberry Contact Zone.   Next we discussed some recent drill results, including 8.28 g/t Gold over 22.35 m at P-Zone at Scottie Gold Mine Project.   This is a newer area of mineralized discovery, but Brad outlines that the majority of the 27,000 meters drilled in the 2025 exploration program were infill holes with the purpose of tightening the spacing between prior holes drilled, and upgrading categories from inferred to measured and indicated.   This is important as the company moves towards a Feasibility Study, and Brad highlights other permitting and engineering workstreams building towards that next economic report.   We then touched on the completed10,000-tonne surface bulk sample program where that mineralized material was sourced from the outcropping Bend Vein located on the north end of the Scottie Gold Mine Project. The crushing and transportation of this material has been completed moving many truckloads of material down the Granduc road to the Stewart bulk shipping facility without any concerns or challenges. The ship has been ordered to take this material to China in early December over to their offtake party, Ocean Partners. This bulk sample will be quite a valuable proof-of-concept on the Project, informing the company and investors on average grade, recovery amounts, as well as bringing in non-dilutive capital.   Wrapping up we discussed the news releases November 17th, which announced a non-brokered financing of up to 10,981,308 charitable flow-through shares of the Company at a price of $2.14 per Charity FT Share for gross proceeds of up to $23.5 Million. When this is combined with the roughly $10million in funds on the company treasury, and the upcoming payment on the bulk sample material, the company is more than cashed up for the upcoming work initiatives for next year. *     If you have any questions for Brad regarding Scottie Resources, then please email them in to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Scottie Resources     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/   Shad's resource market commentary: https://excelsiorprosperity.substack.com/       Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.    

Simon Quick, CEO and Director of Canadian Copper (CSE: CCI), joins me for a comprehensive introduction to their 3 key projects: Murray Brook, Murray Brook West, and the past-producing Caribou Mine and Plant in the Bathurst Camp of New Brunswick, Canada.   We start off having Simon unpack how these 3 projects were acquired over the last few years and assembled together into the larger land package and overall project today.  He points out the many infrastructure advantages to being on crown land, with good access, and with a permitted prior-producing mine in place.   Next Simon outlines the ongoing development and derisking work at the flagship Murray Brook Project.   This hosts a polymetallic VMS deposit of copper, zinc, lead, and silver, and a resource of 21 million tonnes @ 1.42% CuEq; which is 98% in the measured & indicated category.  There are metallurgical tests underway as well as engineering work based on the initial PEA, and the expansion of the team as these workstreams build towards a Feasibility Study next year.      The Preliminary Economic Assessment, envisions a 13 year mine life, averaging 30 M lbs CuEq or 98 M lbs ZnEq production per year, at 3,300 tpd daily throughput.   There is an estimated capex of C$64Million; with a NPV (7%) of C$169Million, an Internal Rate of Return (IRR) of 36%, and a 2 year payback period.   Next we shifted over to the exploration upside across their land package at Murray Brook West, and also east of the Murray Brook main area.   Additionally, there are roughly 4 million tonnes of polymetallic zinc, silver, and lead resources delineated at the Caribou Mine, that the company is buying out of receivership.   The prior producer, Trevali Mining, produced 700million lbs of zinc, lead, and silver up until Q2, 2022.   The mine is in good condition, and permitted to process up to 3,000 tpd.   If you have any questions for Simon regarding Canadian Copper, then please email those into me at Shad@kereport.com.   Click here to follow the latest news from Canadian Copper   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/   Shad's resource market commentary: https://excelsiorprosperity.substack.com/       Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.    

Millennial Potash Chairman Farhad Abasov joined Steve Darling from Proactive to unveil the results of a significantly upgraded Mineral Resource Estimate for the northern portion of the company's Banio Potash Project in Gabon. The update was completed by ERCOSPLAN, one of the world's most respected potash consulting firms and a specialist with deep expertise in the West African Potash Basin. Banio is located at the northern end of the West African Evaporite Basin, a region recognized globally as a proven and productive potash district. Abasov highlighted the dramatic upgrades delivered in the new estimate, noting that the project had no Measured Resource only a year ago. Today, the combined Measured and Indicated (M&I) Resource has surged by 275%, while the Inferred Resource has increased by 210% compared to the maiden estimate published in 2024. The new MRE includes 2.42 billion tonnes of Measured + Indicated Carnallitite grading 15.5% KCl and 3.6 billion tonnes of Inferred Carnallitite grading 15.4% KCl. Abasov described this expansion as “massive,” underscoring the consistency and scale of the potash seams encountered across all drilling to date—some exceeding 100 metres in thickness. This, he said, provides strong evidence of the grade, continuity, and geometry needed to support highly efficient solution mining operations. The company also confirmed that the updated resource represents only a fraction of the northern section of the full project area. Looking ahead, the new MRE will serve as a critical foundation for the upcoming Feasibility Study. That study is being supported by a non-dilutive US$3 million funding commitment from the U.S. International Development Finance Corporation. The FS will evaluate a range of solution mining production scenarios as the company advances toward potential development. #proactiveinvestors #millennialpotahscorp #tsxv #mlp #otcqb #mlpnf #potash #CriticalMinerals #Potash #USGeologicalSurvey #FertilizerIndustry #USDFC #FoodSecurity #ResourceEstimates #MiningNews #GabonProjects #ProactiveInvestors

Vizsla Silver just released its Feasibility Study for the Panuco Project (Nov 12). Mike Konnert, President & CEO of Vizsla Silver (TSX:VZLA, NYSE:VZLA),  walks through the headline economics, funding, growth runway, and permitting path. Feasibility Results: After-tax NPV US$1.8B, IRR 111%, AISC ~US$10.61/oz, and payback in ~7 months. Driven by low upfront capital and strong margins. Capital & Funding: Capex US$238M (net ~US$173M). Fully funded with US$200M cash, US$220M Macquarie facility, and ~US$40M in equities. Mine Plan & Upside: Only 12.8Mt of the ~25Mt global resource used in reserves. Large potential for conversion and expansion near Napoleon, Copala, and La Luisa. District Growth: Ongoing drilling with four rigs targeting Animas, Santa Fe, and additional veins for long-term expansion. Sensitivity & Strength: Even at US$17 Ag and US$1,550 Au, NPV US$460M, IRR 42%. Permitting & Build: Fully engineered, test mining underway, and permits expected mid-2026. Ready to build once granted. Valuation & Outlook: Trading near 0.5× NAV with potential re-rating as it advances to production. Targeting 50Moz AgEq/yr within 10 years. If you have any follow up questions for Mike please email me at Fleck@kereport.com.   Vizsla Silver will be hosting a webcast to discuss the Panuco Project Feasibility Study at 10:00 am PT (1:00 pm ET) on November 24th.  To register, please click here   ---------- For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Vizsla Silver announced a strong Feasibility Study for its 100%-owned Panuco silver-gold project in Sinaloa, Mexico. Arizona Sonoran Copper has secured a C$75 million bought-deal financing led by Canaccord Genuity to advance early development work at its Cactus Copper Project near Casa Grande, Arizona. Dryden Gold reported final 2025 drill results from its Elora Gold System, where the company has more than tripled the length of the main Elora Shear Zone to over 800 metres. NexGen Energy released outstanding assays from its Patterson Corridor East discovery, located 3.5 kilometers east of the company's flagship Arrow deposit in Saskatchewan's Athabasca Basin. Osisko Metals reported strong new drilling from its Gaspé Copper Project in eastern Québec, including long intercepts that both confirm and extend mineralization beyond the 2024 resource model. Brixton Metals released additional strong assays from the Trapper Gold Target at its Thorn Project in British Columbia's Golden Triangle. Borealis Mining reported its second gold and silver doré pour from ongoing heap-leach operations at its Borealis mine in Nevada.This episode of Mining Stock Daily is brought to you by… EQUINOX GOLDEquinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at ⁠⁠⁠⁠⁠⁠equinoxgold.com⁠⁠⁠⁠⁠⁠

Michael Konnert, CEO of Vizsla Silver, discusses the positive market response to their Feasibility Study, emphasizing the importance of maintaining key financial metrics in line with previous assessments. Panuco now hosts an After-Tax NPV (5%) of US$1,802 million, After-Tax IRR of 111%, Initial Costs of US$173 million, Average Annual Production of 17.4 million oz AgEq at AISC of US$10.61 per oz AgEq.

Dr. Robert Quartermain, Co-Chairman, Director and CEO of Dakota Gold (NYSE American: DC), joined us for an update, live from the New Orleans Investment Conference, on their Richmond Hill Project and Maitland Gold Project.  Both projects are located in the historic Homestake District of South Dakota, near existing mining infrastructure.     The company is advancing its Richmond Hill project toward eventual surface heap leach gold operation as soon as 2029, with ongoing exploration, metallurgical tests, and working towards feasibility stage economics.   The company is also expanding the surface oxide mineralization and  high-grade gold mineralization at depth discovered thus far at the Maitland Gold Project toward an initial resource estimate.   Bob was previously the Executive Chairman of Pretium Resources Inc., which he founded in October 2010. Prior to Pretium, he was President and Chief Executive Officer of Silver Standard Resources Inc. (now SSR Mining Inc.) for 25 years from 1985-2010. Not only does he have a wealth of experience in developing and constructing producing mines, but he has assembled a solid management team and board filled with industry veterans that have worked in either the Homestake Mine, before it closed down, or the currently producing nearby Wharf Mine, operated by Coeur Mining.   Richmond Hill is one of the largest undeveloped oxide gold resources in the United States being advanced by a junior mining company, with over 6 million ounces of gold and over 60 million ounces of silver moving along the pathway of development into heap leach production as soon as 2029. Principle Projects on Private Land which equates to a positive attribute for efficient permitting with State and County organizations.   Dakota Gold released an Initial Assessment with Cash Flow (IACF) on July 7th, which is similar in nature to a Canadian PEA study.  This economic study was based on a 30,000 ton per day crushing circuit, and furthers the project towards ultimate production.   IACF Highlights:   Richmond Hill is one of the largest development stage oxide gold resources in the United States: M&I plan identifies 168.3 million tonnes at a grade of 0.566 grams per tonne gold (“g/t Au”) for a total of 2.6 million ounces produced over a 17-year life of mine. MI&I plan identifies 273.7 million tonnes at a grade of 0.530 g/t Au for a total of 3.9 million ounces produced over a 28-year life of mine. Strong Economics: At a base case gold price of $2,350 per ounce, the project has an after tax NPV5% of $1.6 billion and IRR of 55% for the M&I plan, and $2.1 billion and 59% respectively for the MI&I plan. At recent metal prices of $3,350 the NPV5%'s increase to $2.9 billion and IRR of 99% and $3.7 billion and 107%, respectively. Low-Cost: Initial Capital of $384 million, including $53 million contingency, with life of mine All-in Sustaining Costs (“AISC”) averaging $1,047 for M&I plan and $1,050 for MI&I plan. Feasibility Underway: Building on the robust IACF, work has commenced on the Feasibility Study planned for completion in early 2027, construction in 2028 and production targeted for 2029.   There are currently two drill rigs turning at Richmond Hill. In 2025, the Company expects to drill ~90,000 feet (27,500 meters) using a combination of Reverse Circulation and Core drilling. The primary focus of the program is to collect metallurgical samples for the Feasibility Study, infill, and expansion resource drilling in the Northeast corner of the Project area. This area is expected to be mined at the beginning of the mine plan and is higher-grade than the overall deposit.   At the Maitland Gold Project the Company is currently assessing the exploration data collected to date from the JB Gold Zone and the Unionville Zone with the intent of outlining an initial inferred gold resource. The work is expected to be completed in the fall of 2025. To date the JB Gold Zone has encountered a number of high-grade intersections which average 10.76 g/t Au over 4.0 meters.     If you have any questions for Bob Quartermain regarding Dakota Gold, then please email those in to us at Fleck@kereport.com or Shad@kereport.com.   In full disclosure, Shad is a shareholder of Dakota Gold at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow the latest news from Dakota Gold   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer:  This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Brad Rourke, CEO, and Thomas Mumford, President of Scottie Resources (TSX.V:SCOT – OTCQB:SCTSF), both join us to review the key aspects of the Preliminary Economic Assessment (PEA) released to the market on October 28th.  Additionally, we get an update on the bulk sample progress, the main objectives focused on in the 2025 drill program, and the feasibility-level ore sorting study underway at the Scottie Gold Mine Project; located in the Golden Triangle of British Columbia.   The PEA outlines a robust Direct-Ship Ore ("DSO") development scenario for the Scottie Gold Mine Project, with strong economics and leverage to the current gold price environment, and additional upside potential through toll milling.   The base case DSO project delivers an after-tax NPV(5%) ranging from CAD$215.8 million to CAD$668.3 million at gold prices of US$2,600/oz and US$4,200/oz, respectively. Importantly, the PEA also presents the opportunity to utilize excess capacity at the nearby Premier mill through a toll-milling arrangement, which could significantly enhance project economics. Under this scenario, the after-tax NPV(5%) increases to CAD$380.1 million at US$2,600/oz and CAD$831.7 million at US$4,200/oz (note: no toll-milling agreement is currently in place). The PEA contemplates an initial capital cost of CAD$128.6 million and average annual production of approximately 65,400 ounces of gold over a seven-year mine life. The project demonstrates a compelling after-tax payback period of 1.7 years for the standalone DSO case, and just 0.9 years under the toll-milling opportunity at a gold price of US$2,600/oz. The DSO project is planned to commence with open pit mining at the Blueberry Contact Zone, closely followed by underground mining at the Blueberry Contact Zone, and subsequently the Scottie Gold Mine. The mined material will be then jaw crushed and sorted using an XRF based ore sorting system. The upgraded product will be transported to the Stewart bulk shipping facility located 40 km down an existing road to be shipped overseas. The material would be then sold to Ocean Partners based on the negotiated terms in the existing offtake agreement The company then plans to move straight into work streams for a Feasibility Study (FS) with actual cost estimates and more detailed economics as the next major economic study to be undertaken 8-10 months after all the 2025 drill results from the 27,309 meter program are in hand.   We got into the resource assumptions used in the PEA, but both Brad and Thomas outlined how these resources are going to expand now that 4 diamond drill rigs were turning this year in the largest exploration program to date, across different parts of the high-priority Blueberry Contact Zone, and around the past-producing Scottie Gold Mine. A key initiative was infilling areas with tighter spacing, focused on upgrading the resources from inferred to indicated categories at the Blueberry Contact Zone. However many of the holes will also go deeper doing some true exploration work with a focus on expanding the potential open pit and upper portions of the underground resources at both Blueberry and Scottie areas.   Next we touched on the ongoing 10,000-tonne surface bulk sampling program where they have completed the blasting and mucking of mineralized material from the road-accessible outcropping Bend Vein located on the north end of the Scottie Gold Mine Project. The crushing and transportation of this material has also been completed moving many truckloads of material down the Granduc road to the Stewart bulk shipping facility without any concerns or challenges.  Brad and Thomas outline that this bulk sample will be a nice opportunity to learn more about a number of metrics and provide a nice proof of concept, as well as generating some non-dilutive capital for the Company in the process.    Wrapping up we discussed the ongoing Phase 2 ore-sorting study underway, that will be a more advanced Feasibility Study level test of upgrading the ore, with the strategy to reduce the amount of waste rock before shipping.  Ore sorting could significantly enhance the efficiencies of the overall DSO strategy, and those results are due out in Q4 as another key company catalyst by year end.     If you have any questions for Brad or Thomas regarding Scottie Resources, then please email them in to us at Fleck@kereport.com or Shad@kereport.com.   In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Scottie Resources   For more market commentary & interview summaries, subscribe to our Substacks:   https://kereport.substack.com/ https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.    

Mark Brennan,  Founder, CEO, and Director of Cerrado Gold Inc (TSX.V: CERT) (OTCQX: CRDOF), joins me to review their Q3 2025 operational metrics, along with the expansionary exploration program at the producing Minera Don Nicolas gold mine in Argentina.  We also unpack the value proposition and key upcoming development catalysts at the Lagoa Salgada VMS Project in Portugal and the Mont Sorcier Iron-Vanadium project in Quebec.   Q3 Operating Highlights   Q3 Production of 13,868 GEO vs 11,437 GEO in Q2 2025 (+21%) Heap leach production growing as expanded crushing capacity and improved recoveries result in record quarterly production of 10,465 GEO (+33% vs Q2) Underground development at Paloma is advancing, with ramp well advanced and three access portals targeted to reach production stopes in Q4 CIL plant starting to receive ore from underground development, production expected to ramp up in Q4/2025 as higher grade underground material supplants lower grade feed in the mill Expanded crushing capacity results in substantial additional tonnage to the leach pad and record quarterly production Underground Development to access production stopes in Q4 supporting increase in mill head grade and production 2025 Production Guidance revised to 50,000 to 55,000 GEO Exploration Program expanded with an additional 50,000m planned for 2026 (in addition to the existing ~15,000m program in 2025)   Mark and I review their Minera Don Nicolas producing gold project in Argentina, and the record heap leach gold equivalent ounce production for the quarter. There is expanded and improved crushing capacity at the heap leach, from the newly installed secondary crusher, and this will continue to be impactful on a move-forward basis into Q4 and beyond, with the quantity of ore being placed on the pad having increased, and with it helping to reduce down unit costs in the latter part of H2 2025.   The production profile will also keep growing with the underground mining having now commenced.  With higher gold prices, the CIL plant continued to process lower-grade stockpiles in Q3/25, but new high-grade material from the underground mining operations has started to be blended with that moving forward, and this will increase the average grade throughput at the mill.   Another area of future growth will be the ongoing drill program of about 15,000 meters this year and another 50,000 meters slated for next year (once all 4 drill rigs are in place). It will be a combination of  underground exploration work targeting new areas of mineralization and growing the mine life, in addition to surface drilling that is exploring around the open pit resources, as well as identifying additional satellite open-pits at surface.    Next we unpacked the growing value proposition at the Lagoa Salgada VMS Project  in Portugal, with a Post-tax NPV of US$147 million and a 39% IRR in the current Feasibility Study. This Project adds both substantial precious metals resources along with critical minerals exposure (42 % Gold & Silver, 24% zinc, 14% copper, and 5% tin) to the future production profile.  We also discuss the various work streams leading to optimized Feasibility Study in Q4, a construction decision by Q1 2026.  Construction is targeted for H2 of 2026, with first production slated for early 2028.   We wrap up discussing the underappreciated value and ongoing derisking work that is moving towards a Bankable Feasibility Study in Q1 of 2026 at the Mont Sorcier Iron-Vanadium in Quebec. Recent metallurgical test work, has reaffirmed the potential to produce high-grade and high-purity iron concentrate grading in excess of 67% iron with silica and alumina content below 2.3%.     If you have questions for Mark regarding Cerrado Gold, then please email those to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Cerrado Gold at the time of this recording, and may choose to buy or sell shares at any time.       For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.   Click here to see the latest news from Cerrado Gold.

Jon Gilligan, President and CEO of Liberty Gold (TSX:LGD; OTCQX:LGDTF), joins me for a comprehensive update on their exploration, development, and derisking work leading to an upcoming Feasibility Study, engineering work streams, permitting, and other future value drivers; with a move towards a construction decision in 2 years at the open-pit, heap leach Black Pine Gold Project in the Great Basin in southeastern Idaho.   We start off reviewing the key metrics from the Pre-Feasibility Study announced on October 10, 2024, but using a $2,000 gold price assumption.   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 (NPV 5%) with a 62% After-Tax Internal Rate of Return (IRR) and a 1.5 year payback at spot gold prices of $2,600 per ounce   The economic metrics are obviously much better at current gold prices near $4,000 per ounce, the NPV swells well over $2billion and the IRR goes to triple digits. The Company is working towards a Feasibility Study as a next key catalyst, but has multiple development and derisking workstreams underway.   Additionally, there is still a lot of room for exploration expansion at the Black Pine Gold Project, where there have been recent news reports announcing additional strong results at the expanding Rangefront Zone, from the ongoing 40,000 meter (“m”) feasibility reverse circulation (“RC”) drill program.    This exploration program is designed for resource infill and conversion, as well as technical compliance for feasibility and expansion of the resource. There is also some true discovery drilling exploring areas for near-surface mineralization and looking for more potential satellite pits. Jon outlines how Rangefront has expanded so much through the focused drilling that it is likely to move up into where the initial few years of mining happen, being strategically located further down the mountain and near the new leach pads.   Jon also provides a detailed roadmap of the timeline of permitting milestones and derisking initiatives in front of the Company over the next 2-3 years through targeted construction and first gold pour.   Many of the engineering and permitting workstreams coalesce in late 2027, in tandem with initiatives to execute on the funding package, and these should lead to the construction decision later that year, and then breaking ground in 2028.   Jon outlined the specific factors that lead to the strong current financial health of the company. After a successful capital raise back in April of C$23 million, this was followed by a strategic 9.9% investment by Centerra Gold in September for C$28 million, another $2.2million payment received in October from the sale of the non-core TV Tower copper gold project, and then additional early exercise of warrants. This gives Liberty Gold a solid treasury, and they are now fully funded to advance forward with all the ongoing exploration, development, and derisking work programs at Black Pine moving towards a construction decision in late 2027.   We wrap up having Jon reiterate the Company's genuine interest in building this project, and highlighting a number of key promotions and additions to their board of directors and management team, boosting both their technical and permitting teams.   If you have any questions for Jon regarding Liberty Gold, the please email me at Shad@kereport.com.   Click here to follow the latest news from Liberty Gold     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.    

Small Cap Breaking News You Can't Miss! Here's a quick rundown of the latest updates from standout small-cap companies making big moves today.Banyan Gold (TSXV: BYN | OTCQB: BYAGF) — Yukon drill momentum + fourth rig Banyan hit multiple near-surface gold intercepts at the AurMac Project's Powerline deposit, including 1.90 g/t Au over 17.3m and 2.69 g/t Au over 11.8m (with peaks up to 33.0 g/t and 29.3 g/t). Backed by a $31.4M strategic investment, the program is upsized to 40,000m with a fourth drill rig now turning. Management says the high-grade zones are open in all directions, supporting growth and potential conversion of ounces to higher confidence categories.ATEX Resources — Record copper-gold hit kicks off Phase VI in Chile ATEX's first Phase VI hole at Valeriano delivered its best intercept to date: 164m @ 2.72% CuEq, including 40m @ 4.73% CuEq, within a broader 528m @ 1.32% CuEq. Six rigs are active in a ~25,000m program targeting B2B Zone expansion and new B2B-style discoveries. Some assays remain pending, but results suggest potential grade upgrades and a starter operation concept.GreenLight Metals (TSXV: GRL) — High-grade copper-gold in Wisconsin + winter drill next GreenLight reported a standout 22.24m @ 3.02 g/t Au & 2.03% Cu (5.27% CuEq) at the Bend VMS deposit, with visible gold at 290m. Phase 1 (six holes, 2,037m) wrapped on schedule on private mineral lands, and a 5,000–6,000m winter program is planned. Hole B25-006 assays are pending. The company also engaged Bunt Capital for investor relations to broaden market outreach.Amex Exploration (TSXV: AMX | OTCQX: AMXEF) — Record grade supports feasibility work at Perron A geomechanical program in the Champagne Zone returned the property's highest-ever grade: 1,106.50 g/t Au over 0.50m, within 213.11 g/t over 3.75m and 25.19 g/t over 32.80m. While designed for mine-design data (not grade hunting), results reinforce strong continuity as Amex advances a Phase 1 Feasibility Study and evaluates toll milling to speed time-to-first-ore.Cartier Resources (TSXV: ECR; FSE: 6CA) — Shallow high-grade expands at Cadillac's NCZ Cartier's latest batch from the North Contact Zone includes 11.0 g/t Au over 9.0m with 30.2 g/t over 2.5m, plus additional hits up to 27.1 g/t over 1.0m. Mineralization now spans ~400m strike by ~300m depth, open in all directions, near surface (thin overburden) and ~250m from road access—supporting scenarios for efficient, near-term development within a fully funded 100,000m program.Like this fast, facts-first small-cap roundup?Follow AGORACOM for more breaking small-cap news and real-time updates.And don't miss a beat—subscribe to the AGORACOM podcast for quick hit interviews and market movers!

TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) executive chairman Kirill Klip talked with Proactive's Stephen Gunnion about the latest milestone for the Los Azules Copper Project in Argentina, following McEwen Copper's feasibility study confirming the economic strength and ESG credentials of the development. Klip said TNR Gold is transitioning into a cash-flow royalty company, supported by this and other assets like Ganfeng Lithium's Mariana Lithium Project. He noted: “We are building the Green Energy metals, Royalty and Gold Company.” The study outlines an initial five-year production plan of over 200,000 tonnes of copper annually, with a 21-year life-of-mine and an average of 148,000 tonnes produced annually. Klip highlighted low operating costs, with cash costs of $1.71 per pound and all-in sustaining costs at $2.11 per pound, based on a $4.25 copper price. He said the project ranks among the world's ten largest, with 10.20 billion pounds of proven and probable copper reserves and further resources in other categories. Its ESG design will use significantly less water and renewable energy supplied by YPF. Klip also discussed financing, including potential participation by the IFC and significant non-mine infrastructure investment by YPF. He said the project could support a royalty valuation for TNR Gold of over $30 million. Visit Proactive's YouTube channel for more videos, and don't forget to like this video, subscribe to the channel, and turn on notifications for future updates. #TNRGold #CopperMining #LosAzules #McEwenCopper #MiningNews #RoyaltyCompanies #GreenEnergyMetals #ArgentinaMining #CopperInvestment #ESGMining #ResourceStocks #JuniorMining

Tartisan Nickel Corp CEO Mark Appleby joined Steve Darling from Proactive's OTC studio in New York City to provide an update on the company's flagship Kenbridge Project, a nickel-copper deposit located east of Kenora, Ontario. Appleby highlighted that since acquiring Kenbridge in 2018, Tartisan has modernized all prior studies, including a current mineral resource estimate and a preliminary economic assessment, as well as completed baseline studies to support future permitting. He confirmed that over 12,000 metres of drilling have been completed in recent years, with additional drilling planned as the company targets a pre-feasibility study in 2026. “We've got a number of the boxes ticked heading towards pre-feasibility,” Appleby said. The Kenbridge project hosts approximately 120 million pounds of nickel, with roughly half that amount in copper. Appleby emphasized that improving copper prices and ongoing demand for critical metals provide a strong strategic backdrop for the project. The site benefits from all-season road access directly connecting to a paved highway, facilitating operations and logistics. Tartisan is exploring opportunities to add an additional 2 million tonnes at 0.65% grade or higher, which could enhance project economics and strengthen its profile as a potential M&A target. #proactiveinvestors #tartisannickelcorp #cse #tn #oycqb #ttsrf #miningTartisanNickel #NickelMining #CopperMining #KenbridgeProject #CriticalMetals #MiningInvestment #PEA #DrillingUpdate #OntarioMining #JuniorMining

Gunnison Copper Corp CEO Stephen Twyerould joined Steve Darling from Proactive to announce that the company has launched a non-brokered private placement to raise gross proceeds of up to C$15 million, with Red Cloud Securities Inc. acting as finder in connection with the financing. Twyerould explained that net proceeds from the offering will be allocated toward drilling, metallurgical testing, and permitting activities, all of which will feed into a Pre-Feasibility Study (PFS) for the company's flagship Gunnison Copper Project in Arizona. In addition, a portion of the proceeds will be used for the partial repayment of outstanding debt owed to Nebari Holdings. The Gunnison Copper Project is among the most advanced in-situ recovery copper projects in North America, with a Measured and Indicated Mineral Resource of over 831.6 million tons grading 0.31% copper, including 640.2 million tons at 0.29% copper in the Indicated category. The company's Preliminary Economic Assessment (PEA) highlighted robust project economics, including an NPV (8%) of US$1.3 billion, an internal rate of return (IRR) of 20.9%, and a payback period of just over four years. Twyerould emphasized that this raise represents an important step in advancing the Gunnison Project toward pre-feasibility, positioning Gunnison Copper for the next stage of development in a rising copper price environment driven by the global energy transition. #proactiveinvestors #gunnisoncoppercorp #tsx #gcu #otcqb #gcumf r #CopperMining #USMining #CopperProject #MiningInvestment #CommodityMarkets #CopperProduction #ArizonaMining #ResourceDevelopment #MiningStocks #CopperDemand #MetalsAndMining

In this KE Report Company Update, Tim Warman, CEO of Fuerte Metals (TSX.V:FMT - OTC:FUEMF), outlines the company's transformational acquisition of the Coffee Gold Project in the Yukon from Newmont (NYSE: NEM) - a project boasting 3Moz M&I and 0.8Moz inferred gold. Highlights: Deal Structure: US$10M cash + US$40M equity, with a US$100M NSR buyback post-production. Advanced Asset: Over 200,000m drilled, extensive engineering and permitting already complete. Development Path: PEA in Q1 2026, Feasibility Study by year-end 2026. Infrastructure Ready: The site hosts significant infrastructure - a fleet of haul trucks, excavators, and dozers. Permitting: Environmental approvals secured; key Yukon licenses expected next year. Broader Portfolio: Beyond Coffee, Fuerte continues to advance its Chile copper-gold porphyry project through potential partnerships and is updating the resource at its Mexican gold project.   Click here to visit the Fuerte Metals website to learn more about the Company.    ---------------- For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Brad Rourke, CEO of Scottie Resources (TSX.V:SCOT – OTCQB:SCTSF), joins us to review the latest batch of high-grade gold assay results from the largest ever drill program, and a number of key ongoing initiatives and further derisking work building towards an upcoming Preliminary Economic Assessment (PEA), with a bulk sample in progress, and an ore sorting study underway at the Scottie Gold Mine Project; located in the Golden Triangle of British Columbia.   We start off reviewing the next batch of high-grade drill results returned from the ongoing planned 25,000 meters exploration program at the Blueberry Contact Zone.   Highlights:   Blueberry Contact drillhole SR25-370 intersected 7.43 grams per tonne (g/t) gold over 18.75 metres (m), including 30.0 g/t gold over 3.3 m at the Lemoffe vein zone (Table 1, Figures 1,2,4). Blueberry Contact drillhole SR25-369 intersected 37.0 g/t gold over 2.85 m at the Blueberry vein zone (Table 1, Figures 1,2,3). Blueberry Contact drillhole SR25-365 intersected 9.99 g/t gold over 4.00 m at the Fifi vein zone (Table 1, Figures 1,2). Blueberry Contact drillhole SR25-367 intersected 61.9 g/t gold over 1.00 m at the Fifi vein zone (Table 1, Figures 1,2).   Brad highlights that 4 diamond drill rigs have been turning across the property at the high-priority Blueberry Contact Zone, around the past-producing Scottie Gold Mine, including at the Wolf Zone discovered last season, and at the C & D veins. Brad points out that about 21,000 meters has been drilled thus far, and that the big percentage of that will be infilling areas with tighter spacing, focused on upgrading the resources from inferred to indicated categories at the Blueberry Contact Zone.  However many of the holes will also go deeper doing some true exploration work with a focus on expanding the potential open pit and upper portions of the underground resources at both Blueberry and Scottie areas.   Ongoing geotechnical and hydrogeology drilling will also provide data to inform mine design and assist efforts with the recent initiation of Baseline Environmental Studies. With all this exploration and fieldwork now underway, the Company remains on track to deliver a low-capex PEA based on a Direct Shipment Ore (DSO) scenario in October.  Brad reiterates that the management team and board believes this coming economics study will clearly highlight the significant, untapped value of the Scottie Gold Mine Project.  The company then plans to springboard over the Pre-Feasibility Study and head straight into work streams for a Feasibility Study (FS) with actual cost estimates and more detailed economics as the next major economic study to be undertaken.   Next we touched on the ongoing 10,000-tonne surface bulk sampling program where they have been blasting and mucking mineralized material from the road-accessible outcropping Bend Vein located on the north end of the Scottie Gold Mine Project.  Bulk sample progressing on schedule, where the mucking has now been completed and crushing and transport has commenced down the Granduc road. Brad outlines that this bulk sample will be a nice opportunity to learn more about a number of metrics and provide a nice proof of concept, as well as generating some non-dilutive capital for the Company in the process.   When reviewing their direct-ship ore strategy, Brad highlighted that Scottie has one of the closest gold projects to a deep-sea shipping terminal, which based on its location is positioned in one of North America's cheapest commercial shipping lanes to Asia. In addition to the ease of a proposed open-pit mine, which already has an existing mine permit, there is also key external infrastructure in place, such as power lines and hauling roads right to site.  Ocean Partners recently participated in a financing for the company this summer, and has expressed interest in the offtake of this material in a development scenario.   Wrapping up we discussed the ongoing Phase 2 ore-sorting study underway, that will be a more advanced Feasibility Study level test of upgrading the ore, with the strategy to reduce the amount of waste rock before shipping.  Ore sorting could significantly enhance the efficiencies of the overall DSO strategy, and those results are due out in Q4.     If you have any questions for Brad regarding Scottie Resources, then please email them in to me at  Shad@kereport.com.   In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Scottie Resources   For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Brad Rourke, CEO of Scottie Resources (TSX.V:SCOT – OTCQB:SCTSF), joins me to review a number of key ongoing initiatives and newsflow including the best ever drill hole assay returned to kick off the largest ever drill program, further derisking work building towards an upcoming Preliminary Economic Assessment (PEA), a bulk sample in progress, and an ore sorting study underway at the Scottie Gold Mine Project; located in the Golden Triangle of British Columbia.   We start off reviewing the initial high-grade drill results returned from the ongoing planned 25,000-30,000 meters exploration program at the Blueberry Contact Zone.   Highlights: Blueberry Contact drillhole SR24-364 intersected 30.1 grams per tonne (g/t) gold over 23.65 metres (m), including 83.3 g/t gold over 4.4 m at the Fifi vein. Blueberry Contact drillhole SR24-362 intersected 9.18 g/t gold over 21.00 m and 5.19 g/t gold over 6.00 m at the Blueberry vein zone. Blueberry Contact drillhole SR24-360 intersected 23.1 g/t gold over 2.00 m at the Fifi vein zone. 3 of the 5 reported holes have discreet intercepts of greater than 5 g/t gold in the siltstone host rock, including 29.8 g/t gold over 1.05 m in SR25-364.   Brad highlights that 4 diamond drill rigs have been turned across the property at the high-priority Blueberry Contact Zone, around the past-producing Scottie Gold Mine, including at the Wolf Zone discovered last season, and at the C & D veins. Brad points out that about 14,000 meters has been drilled thus far, and that a big percentage of the will be focused on upgrading the resources from inferred to indicated categories as well as targeting resource growth at the Blueberry Contact Zone, with a focus on the open pit and upper portions of the underground resources at both Blueberry and Scottie, and detailed testing of the siltstone side of the contact zone. We also review follow-up step-out drilling on the Wolf Zone target discovered in 2024 at the Scottie Gold Mine area.   Ongoing geotechnical and hydrogeology drilling will also provide data to inform mine design and assist efforts with the recent initiation of Baseline Environmental Studies. With all this exploration and fieldwork now underway, the Company remains on track to deliver a low-capex PEA based on a Direct Shipment Ore (DSO) scenario in October.  Brad reiterates that the management team and board believes this coming economics study will clearly highlight the significant, untapped value of the Scottie Gold Mine Project.  The company then plans to springboard over the Pre-Feasibility Study and head straight into work streams for a Feasibility Study (FS) with actual cost estimates and more detailed economics as the next major economic study to be undertaken.   Next we touched on the ongoing 10,000-tonne surface bulk sampling program where they have been blasting and mucking mineralized material from the road-accessable outcropping Bend Vein located on the north end of the Scottie Gold Mine Project.  This will be a nice opportunity to learn more about a number of metrics and provide a nice proof of concept, as well as generating some non-dilutive capital for the Company in the process.   When reviewing their direct-ship ore strategy, Brad highlighted that Scottie has one of the closest gold projects to a deep-sea shipping terminal, which based on its location is positioned in one of North America's cheapest commercial shipping lanes to Asia. In addition to the ease of a proposed open-pit mine, which already has an existing mine permit, there is also key external infrastructure in place, such as power lines and hauling roads right to site.  Ocean Partners recently participated in a financing for the company this summer, and has expressed interest in the offtake of this material in a development scenario.   Wrapping up we discussed the ongoing Phase 2 ore-sorting study underway, that will be a more advanced Feasibility Study level test of upgrading the ore, with the strategy to reduce the amount of waste rock before shipping.  Ore sorting could significantly enhance the efficiencies of the overall DSO strategy, and those results are due out in Q4.     If you have any questions for Brad regarding Scottie Resources, then please email them in to me at  Shad@kereport.com.   In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Scottie Resources

Mark Brennan,  Founder, CEO, and Director of Cerrado Gold Inc (TSX.V: CERT) (OTCQX: CRDOF), joins me to review the Q2 2025 financials and operations, along with the dual-pronged 20,000 meter expansionary exploration program at the producing Minera Don Nicolas gold mine in Argentina, and the value proposition key upcoming development catalysts at the Lagoa Salgada VMS Project in Portugal and the Mont Sorcier Iron-Vanadium project in Quebec.    Q2/25 MDN Operating Highlights:   Q2/25 production of 11,437 GEO and AISC of $1,779/oz Unit costs expected to continue to decline as production increases in H2/2025 Q2/25 Adjusted EBITDA of $7.4 million Record heap leach production of 7,864 GEO during the Quarter Underground development at Paloma started with three access portals CIL plant receiving initial contribution from underground development; production expected to ramp up over H2/2025 20,000m Exploration Program underway at MDN targeting potential significant resource growth opportunities   Mark and I review their Minera Don Nicolas producing gold project in Argentina, and the record heap leach gold equivalent ounce production for the quarter. There is expanded and improved crushing capacity at the heap leach, from the newly installed secondary crusher, and this will continue to be impactful on a move-forward basis in Q3 and beyond, with the quantity of ore being placed on the pad having increased, and with it helping to reduce down unit costs into H2. The production profile will also keep growing with the underground mining having now commenced.  With higher gold prices, the CIL plant continued to process lower-grade stockpiles in Q2/25, but new high-grade material from the underground mining operations will start being blended with it moving forward, and this will increase the average grade throughput at the mill.   Another area of future growth will be the 20,000 meter drill program will be a combination of  underground exploration work targeting new areas of mineralization and growing the mine life, in addition to surface drilling that is exploring around the open pit resources, as well as identifying additional satellite open-pits at surface.     Next we unpacked the growing value proposition at the Lagoa Salgada VMS Project  in Portugal, with a Post-tax NPV of US$147 million and a 39% IRR in the current Feasibility Study. This Project adds both substantial precious metals resources along with critical minerals exposure (42 % Gold & Silver, 24% zinc, 14% copper, and 5% tin) to the future production profile.  We also discuss the various work streams leading to optimized Feasibility Study in Q4, a construction decision by Q1 2026.  Construction is targeted for H2 of 2026, with first production slated for early 2028.   We wrap up discussing the underappreciated value and ongoing derisking work that is moving towards a Bankable Feasibility Study in Q1 of 2026 at the Mont Sorcier Iron-Vanadium in Quebec. Recent metallurgical test work, has reaffirmed the potential to produce high-grade and high-purity iron concentrate grading in excess of 67% iron with silica and alumina content below 2.3%.     If you have questions for Mark regarding Cerrado Gold, then please email those to me at Shad@kereport.com.   * In full disclosure, Shad is a shareholder of Cerrado Gold at the time of this recording, and may choose to buy or sell shares at any time.   Click here to see the latest news from Cerrado Gold.

Fred Earnest, President and CEO of Vista Gold Corp. (NYSE American and TSX: VGZ), joins us for comprehensive update on the revised Resource Estimate, and the new optimized Feasibility Study announced July 29th at their Mt Todd Gold Project.  Mt Todd is a ready-to-build development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia.   Fred reviews the 10.6 million ounces of gold resources in all categories, and the infrastructure and jurisdiction advantages to the working in this area of Australia. We then shifted over to lower capex and key efficiencies outline in the updated 2025 Feasibility Study (“2025 FS”). This new 2025 FS provides a favorable development alternative to Vista's previous feasibility study completed in 2024 at 50,000 tpd, as it now envisions a 15,000 tonnes per day (“tpd”) mining scenario.  This smaller initial project has a much lower capex, and prioritizes higher grade ore being sent to the processing plant, significantly reducing development capital required and operational risks.    FEASIBILITY STUDY HIGHLIGHTS   Average annual gold production of 153,000 ounces during years 1-15 and 146,000 over the 30-year life of mine Average ore grade of 1.04 grams gold per tonne (“g Au/t”) over the first 15 years of operations and 0.97 g Au/t over the life of mine Life of mine average gold recovery of 88.5% from 3-stage crush, single-stage sort, 2-stage grind, and carbon-in-leach (“CIL”) recovery circuit Contract mining and third-party power generation reduce capital costs and operational risks Future expansion opportunities not evaluated in the Study, but considered in designs and layouts   ROBUST PROJECT ECONOMICS   After-tax NPV5% of $1.1 billion, IRR of 27.8% and 2.7 year payback at a $2,500 per ounce gold price After-tax NPV5% of $2.2 billion, IRR of 44.7% and 1.7 year payback at spot gold price ($3,300 per ounce) After-tax free cash flow at a $2,500 gold price of $1.6 billion for first 15 years of commercial operations Initial capital requirements of $425 million, a 59% reduction from the 2024 FS Capital Efficiency: $93 per ounce (initial capital : total ounces of gold produced) All-in Sustaining Cost of $1,449 per oz years 1-15 and $1,499 per oz years 1-30   If you have questions for Fred regarding Vista Gold, then please email those into us at Fleck@kereport.com or Shad@kereport.com.   Click here to follow the latest news from Vista Gold Corp

Lydia grew up in Bangor and has been immersed in mechanical engineering since entering college at the University of Maine. A four-year varsity athlete, Lydia was was UMaine's co-valedictorian in 2024, and in her graduate work has focused on textile properties, blending her love of running with interest in engineering.This conversation was recorded in April 2025.  ~~~~~The Maine Science Podcast is a production of the Maine Discovery Museum. It is recorded at Discovery Studios, at the Maine Discovery Museum, in Bangor, ME. The Maine Science Podcast is hosted and executive produced by Kate Dickerson; edited and produced by Scott Loiselle. The Discover Maine theme was composed and performed by Nick Parker. To support our work: https://www.mainediscoverymuseum.org/donate. Find us online:Maine Discovery MuseumMaine Discovery Museum on social media: Facebook Instagram LinkedIn Bluesky Maine Science Festival on social media: Facebook Instagram LinkedInMaine Science Podcast on social media: Facebook Instagram © 2025 Maine Discovery Museum

Justin Reid, President and CEO of Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) (FSE: CM5R), joins me for a comprehensive update on exploration success at the Southwest Zone, the advancement of basic and detailed engineering studies, permitting progress, and offtake agreements in place at the Gold-Copper Troilus Project located in northcentral Quebec, Canada.   We start off noting that at present there are already 13 million gold equivalent ounces in all categories in place at the deposit, but that infill and expansion drilling at the Southwest Zone has continued to hit increased grades over broad intercepts, which is raising the grade profile of this key area to the first 5 years of mining in the development scenario.   Hole SW-25-678 intersected 78.38 g/t gold equivalent (“AuEq”) (78.21 g/t Au, 5.95 g/t Ag, 0.06 % Cu) over 2 meters, including 153.73 g/t AuEq (153.50 g/t Au, 11.00 g/t Ag, 0.06 % Cu) over 1 meter Hole SW-25-681 intersected 1.79 g/t gold AuEq (1.40 g/t Au, 1.23 g/t Ag, 0.22 % Cu) over 36 meters including 2.44 g/t AuEq (1.93 g/t Au, 1.85 g/t Ag, 0.29 % Cu) over 23 meters   Moving over to all the development and derisking work underway, Justin provides an update to the news released on June 10th,  reporting on the progress of basic and detailed engineering at its copper-gold Troilus Project led by engineering partner BBA Inc. based in Montreal, Quebec. Since being awarded the mandate earlier this year, a dedicated team of approximately 45 full-time engineers and specialists has been advancing key workstreams on schedule as the project moves forward on the path to construction readiness.   A comprehensive review of the May 2024 Feasibility Study was completed earlier this year. Key trade-off studies were conducted, resulting in design improvements to support scalability, operational robustness, and energy efficiency, with minimal impact to CAPEX. The optimized main process flowsheet was finalized on schedule, supporting the broader detailed engineering timeline.   Switching over to the permitting progress, on June 25th the Company announced that it has officially filed the Environmental and Social Impact Assessment (“ESIA”) with both the Government of Québec and the Government of Canada. The submission of the ESIA marks a major milestone in the development of the Troilus Project, representing the culmination of over five years of comprehensive baseline studies, robust technical evaluations, and meaningful engagement with Indigenous and local communities. As one of the largest undeveloped gold and copper projects in North America, this filing is a key step in advancing Troilus along its path towards construction.   Wrapping up we reviewed then news out in June and July that announced Troilus has agreed to indicative commercial offtake terms with Aurubis AG  and Boliden Commercial AB for the offtake of copper-gold concentrate expected to be produced from the Company's Troilus Project.   We reviewed that the rest of the capital stack was coming together through negotiations with royalty and streaming companies, and other financial institutions.   If you have any questions for Justin regarding Troilus Gold, then please email them over to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Troilus Gold at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow along with the latest news from Troilus Gold

Graham Richardson, CFO of Faraday Copper (TSX:FDY – OTCQX:CPPKF), joins me to provide a comprehensive exploration update recapping the key milestones and discoveries from the 30,000 meter Phase 3 drill program, that is building into an updated Resource Estimate and more advanced update to the Preliminary Economic Assessment (PEA) due out in September.  Then we dive into the strategy and objectives for the upcoming 40,000 meter Phase 4 drill program, with a continued focus on defining, expanding, and testing new target all around the American Eagle Area at their 100% owned Copper Creek Project in Arizona.    The Copper Creek Project already has a 4.2 billion pound copper resource, and will be expanding as the drill results from the prior Phase 3 program are incorporated into the updated Resource Estimate, where it is anticipated to have a healthy portion in the indicated category.  With regard to the updated PEA, Graham highlights how much geotechnical and metallurgical work will be incorporated, making it a much more advanced PEA, and this is why the work programs after it is released will springboard over the PFS and go right into the Feasibility Study for 2026.   Graham and I discuss a number of the new discoveries made in Phase 3 at the new Banjo Breccia discovery, and recently discovered Winchester breccia, in addition to putting some holes into earlier-stage exploration targets at Old Reliable, the Sunrise Trend (which may indicate the presence of a new porphyry system),  and at Horsecamp. There were some holes in Phase 3 that targeted near-surface supergene copper mineralization with the goal of better understanding the distribution of oxide mineralization. Five holes were drilled near the Globe breccia and two near the Copper Giant breccia.  There will be more follow-up on this near-surface oxide mineralization as part of Phase 4.   In addition to expanding mineralization, testing new breccia targets, and infilling the American Eagle area in the upcoming Phase 4 drilling, there still will be some further definition holes drilled down into the deeper porphyry targets at the American Eagle and Keel deposits to better understand the geological controls and mineralization.   The company is well cashed up to complete all these work programs after announcing the closing of the CAD $49Million financing on July 29, 2025.  Graham also unpacks the strong roster of shareholders including the Lundin Family and Murray Edwards, as well as a number of institutional investment firms.  We wrap up discussing the infrastructure advantages and positives of operating in Arizona as a jurisdiction.     If you have any questions for Graham regarding Faraday Copper, then please email them to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Faraday Copper at the time of this recording, and may choose to buy or sell shares at any time.   Click here to view the latest news from Faraday Copper

Fred Earnest of Vista Gold joins the podcast to walk through the newly refined feasibility study for the Mt Todd Gold Project in Australia. The report shows a smaller scale operation as previously reported, operating at a 15,000 tonnes per day operation. Using $2,500 per ounce gold price, project economics with the report show an After-Tax NPV (5%) of US$1.1 Billion with an After-Tax IRR of 27.8%

Mark Brennan,  Founder, CEO, and Director of Cerrado Gold Inc (TSX.V: CERT) (OTCQX: CRDOF), joins me to review the Q2 2025 operations and 20,000 meter expansionary exploration program at the producing Minera Don Nicolas gold mine in Argentina, and the value proposition key upcoming development catalysts at the Lagoa Salgada VMS Project in Portugal and the Mont Sorcier Iron-Vanadium project in Quebec.    Q2 2025 M.D.N. Operating Highlights:   Gold Equivalent Ounce ("GEO") Production of 11,437 GEO for the 2nd Quarter 2025 Underground Development has commenced and production set to ramp up in H2/2025 Expanded crushing and agglomeration capacity should expand tonnages to the leach pads and improve recoveries at the Heap Leach operation 2025 Production Guidance of 55,000 - 60,000 GEO remains in place, production weighted to H2 2025 as underground ramps up 20,000m Exploration Program underway at MDN targeting potential significant resource growth opportunities   Mark and I review their Minera Don Nicolas producing gold project in Argentina, and the record heap leach gold equivalent ounce production for the quarter. We discuss the positive impact that the newly installed secondary crusher has brought to production starting at the tail-end of Q2, but then will continue to be impactful on a move-forward basis in Q3 and beyond, with the quantity of ore being placed on the pad having increased.   The production profile will also keep growing in Q3 with the underground mining having now commenced.  With higher gold prices, the CIL plant continued to process lower-grade stockpiles and is planned to continue processing low grade stockpiles through Q2/25, after which it will be blended with new high-grade material from the underground mining operations, and this will increase the average grade throughput at the mill.   Another area of future growth will be the 20,000 meter drill program that is exploring the open pit resources, as well as identifying for more satellite open-pits at surface.   Having gone underground, there is also now the potential for underground exploration work to begin targeting new areas of mineralization or further defining existing areas of mineralization.     Next we unpacked the growing value proposition at the Lagoa Salgada VMS Project  in Portugal, with a Post-tax NPV of US$147 million and a 39% IRR in the current Feasibility Study. This Project adds both substantial precious metals resources along with critical minerals exposure (42 % Gold & Silver, 24% zinc, 14% copper, and 5% tin) to the future production profile.  We also discuss the 2 areas that will be addressed in the resubmission of their Environmental Impact Assessment (EIA) where approval is expected after upcoming political elections, and there will be an optimized Feasibility Study released in Q3, a construction decision by year end or early next year.  Construction is targeted for Q2 of 2026, with first production slated for H2 2027.*   We wrap up discussing the underappreciated value and ongoing derisking work that is moving towards a Bankable Feasibility Study in Q1 of 2026 at the Mont Sorcier Iron-Vanadium in Quebec. Recent metallurgical test work, has reaffirmed the potential to produce high-grade and high-purity iron concentrate grading in excess of 67% iron with silica and alumina content below 2.3%.     If you have questions for Mark regarding Cerrado Gold, then please email those to me at Shad@kereport.com.   * In full disclosure, Shad is a shareholder of Cerrado Gold at the time of this recording, and may choose to buy or sell shares at any time.   Click here to see the latest news from Cerrado Gold.

In a climate charged with political unpredictability, donor hesitancy, and organizational fatigue, Peter Heller, CEO and Founder of Heller Fundraising Group, returns to offer clear-headed perspective on what nonprofits should be doing now—not later. Drawing from decades of experience in higher education and over 20 years guiding capital campaigns and feasibility studies, Peter brings both context and calm to a sector feeling increasingly unsettled.Fundraising is never easy, Peter reminds us. But right now, it's especially daunting. Some organizations are facing existential uncertainty, while others are tempted to pull back entirely. “Even if we stopped talking right now,” Peter says, “and people went away with this one idea: wake up in the morning and believe that you and your nonprofit deserve that money—that mindset alone can shift your entire trajectory.”Throughout the conversation, Peter offers a compelling blend of strategic realism and aspirational leadership. His guidance is rooted in both emotional alignment and actionable frameworks: acknowledge the difficulty, reaffirm your mission, and keep going. He warns against reactive messaging rooted in fleeting political tides and instead urges organizations to craft campaigns around timeless, hopeful visions that inspire long-term support.One of the episode's most striking moments comes when Peter recounts the Ossining Children's Center's $18 million capital campaign. Despite losing their board presidents, navigating the death of a lead donor, and facing pandemic-related hurdles, they built a beautiful childcare facility now serving a vibrant, diverse community. It's not just a story of resilience—it's a blueprint for bold action in the face of fear.Julia Patrick (Show host) and Peter explore why now is precisely the moment for brave leadership—especially from boards. They discuss the board dynamics that can either stall or accelerate progress, and why it's okay if those unwilling to commit step aside. As Peter puts it, “You need a core group who believe—and aren't just dreaming, but working toward something achievable.”This thoughtful dialog challenges the nonprofit sector to step into its power, maintain donor relationships through both silence and conversation, and embrace mission-driven fundraising as a moral imperative rather than a burdensome chore. Whether you're in the middle of a campaign, contemplating one, or simply trying to stay upright, this conversation offers clarity, encouragement, and a seasoned perspective on how to move forward with confidence.Find us Live daily on YouTube!Find us Live daily on LinkedIn!Find us Live daily on X: @Nonprofit_ShowOur national co-hosts and amazing guests discuss management, money and missions of nonprofits! 12:30pm ET 11:30am CT 10:30am MT 9:30am PTSend us your ideas for Show Guests or Topics: HelpDesk@AmericanNonprofitAcademy.comVisit us on the web:The Nonprofit Show

In a market dominated by lab-grown diamonds, Star Diamond (TSX: DIAM) stands out for its rare, natural Type II stones.In this interview, VP Exploration Mark Shimell shares updates on the Star-Orion South Project in Saskatchewan, where years of groundwork are now shaping an updated pre-feasibility study. He also highlights project timelines, environmental permitting, and early-stage financing supported by Spirit Resources.Learn more about Star Diamond: https://www.stardiamondcorp.com/Watch the full YouTube interview here: https://youtu.be/eKEARvkCESA?si=cvpyPbfqeBAekRdl And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

In a market dominated by lab-grown diamonds, Star Diamond (TSX: DIAM) stands out for its rare, natural Type II stones.In this interview, VP Exploration Mark Shimell shares updates on the Star-Orion South Project in Saskatchewan, where years of groundwork are now shaping an updated pre-feasibility study. He also highlights project timelines, environmental permitting, and early-stage financing supported by Spirit Resources.Learn more about Star Diamond: https://www.stardiamondcorp.com/Watch the full YouTube interview here: https://youtu.be/eKEARvkCESA?si=cvpyPbfqeBAekRdl And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Bord Stiúrtha An Clár as Gaeilge is inviting suitable consultants to put together a Feasibility Study for an Irish Language Cultural Centre in Ennis. Establishing an Irish Cultural Centre in the town or providing Irish spaces is one of the main themes that emerged in the Ennis Town Language Plan. To find out more, Alan Morrissey was joined by Dónal Ó Loinsigh, An Clár as Gaeilge and Leah Talty, Language planning officer. PHOTO CREDIT: naumoid from Getty Images

In this episode of All About Capital Campaigns, Amy Eisenstein and Andrea Kihlstedt answer a key question: Do you need a feasibility study before launching a capital campaign? Their answer is a clear yes—and they explain why skipping one can lead to poor decisions, missed opportunities, and campaign failure.They walk through how traditional feasibility studies have often kept donor feedback behind a curtain, leaving nonprofit leaders with vague reports and no way to follow up. Amy and Andrea introduce a new model where nonprofit staff lead the conversations with major donors themselves—building stronger relationships and collecting better insights along the way.Learn the benefits of guided feasibility studies, how they help shape realistic campaign goals, and why involving your largest donors early can change the course of your fundraising. You'll also hear a compelling story of a million-dollar gift that would've been lost under the old model.If you're thinking about a campaign, don't miss this episode. You'll come away with two key takeaways: a feasibility study sets you up for a successful campaign, and you should never outsource your donor relationships.For more feasibility study guidance, be sure to download our free Ultimate Guide to Capital Campaign Feasibility Studies.

Interview with Nick Appleyard, President & CEO of TriStar Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/tristar-gold-tsxvtsg-moving-through-permitting-process-4713Recording date: 30th May 2025Tristar Gold (TSXV: TSG) has emerged as a compelling investment opportunity in Brazil's mining sector following the release of updated project economics and successful resolution of permitting challenges at its Castelo de Sonhos gold project. The company recently completed a $10 million financing round that will fund strategic drilling programs and advance the project toward feasibility study completion.The updated Preliminary Feasibility Study released in May 2025 demonstrates exceptional project economics with a 40% post-tax internal rate of return at $2,200 gold prices. With current gold trading around $3,200 per ounce, management estimates returns could exceed 70%, supported by over $1 billion in pre-tax cash flow generation and $600 million post-tax net present value. The project targets average annual production of 120,000 ounces over 11 years, with higher-grade output of 150,000 ounces during initial years.A significant milestone involved successfully defending the environmental permit against a public prosecutor challenge regarding indigenous consultation. Despite recommendations for suspension, the permit remained valid as multiple parties confirmed no impact on indigenous lands located hundreds of kilometers from the project site. This resolution strengthens Tristar's regulatory position and eliminates a key development risk.The company benefits from exceptional infrastructure advantages, sitting just 15 kilometers from a major highway with existing power lines and road access developed for the regional soybean industry. These factors support a sub-$300 million capital cost estimate while eliminating major infrastructure development requirements.Management has clearly articulated its strategy as a project developer rather than mine builder, actively seeking partnerships with established mining companies over the next 12 months. This approach recognizes that optimal value creation comes through partnering with experienced operators capable of funding and operating the project through production.The recent financing included participation from Eric Sprott, taking approximately 10% of the company, providing third-party validation of the investment opportunity. With permitting resolved and drilling programs commencing, Tristar expects improved news flow to drive valuation re-rating as the company advances toward strategic partnership.View Tristar Gold's company profile: https://www.cruxinvestor.com/companies/tristar-gold-incSign up for Crux Investor: https://cruxinvestor.com

In this episode of the St Emlyn's Podcast, Iain Beardsell and Simon Carley revisit January's  blog posts and podcasts, covering several seminal studies relevant to emergency and pre-hospital care. Topics include the Sub 30 Feasibility Study on pre-hospital ECMO, comparisons of pre-hospital versus in-hospital emergency anaesthesia, variations in maintenance of pre-hospital anaesthesia in trauma patients, and the effectiveness of physician-led pre-hospital teams. They also discuss the economic implications of advanced pre-hospital interventions and highlight reviews from the London Trauma Conference. 00:00 Introduction and January Recap 01:58 Pre-Hospital ECPR Study: The Sub 30 Study 07:09 Emergency Anaesthesia: Pre-Hospital vs. Emergency Department 13:55 Maintenance of Pre-Hospital Anaesthesia: Variations in Practice 16:57 Physician-Led Pre-Hospital Teams: Do They Improve Outcomes? 22:12 Additional Insights and Upcoming Content

In this insightful episode of the All About Capital Campaigns podcast, hosts Amy Eisenstein and Andrea Kihlstedt delve into the pivotal role of feasibility studies in capital campaigns. They present three compelling reasons why conducting a feasibility study is not just beneficial but essential for campaign success.​Amy and Andrea also introduce Capital Campaign Pro's innovative Guided Feasibility Study model, which empowers nonprofit leaders to conduct donor interviews themselves, with expert guidance, enhancing authenticity and internal capacity.Whether you're contemplating a capital campaign or seeking to optimize your fundraising strategy, this episode offers practical advice and proven methodologies to set your campaign on the path to success.

Osisko Development has published results of its full feasibility study for the Cariboo Gold Project in British Columbia. Heliostar share their  preliminary results for the first quarter of the year. New drill results from G2 Goldfields and Strikepoint Gold. This episode of Mining Stock Daily is brought to you by... Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.calibremining.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com