Podcasts about gold mines

“We are pleased to have Agnico Eagle, one of Canada's premier companies and a top global gold producer, make an additional investment that will permit Fury to advance our understanding of the exploration potential at our Committee Bay project in Nunavut,” commented Tim Clark, CEO of Fury. “We believe the Arctic is likely to become increasingly important for future mineral exploration and with this in mind, we are excited to accelerate our plans to build on past drilling success. As a reminder to investors, Fury retains full ownership of this exceptional project, which spans a 300km greenstone belt—an impressive land package that is unique for a junior exploration company.” Fury announced that it has entered into a subscription agreement with Agnico Eagle Mines Limited pursuant to which Agnico Eagle has acquired, on a non-brokered private placement basis, 6,728,000 units in the capital of Fury at C$0.64 per unit for gross proceeds of C$4,305,920. Each unit consists of one common share of Fury and one common share purchase warrant. Each Warrant is exercisable to purchase one share at C$0.80 for a 36-month period from the date of issuance on May 26, 2025. Sponsor: https://furygoldmines.com/ Ticker: FURY Press Releases discussed: https://furygoldmines.com/fury-announces-c4-3m-strategic-investment/ 0:00 Intro 0:43 $AEM invests in $FURY 5:18 Agnico to fund Committee Bay project drilling 7:44 Summer drilling programs 10:14 Kipawa rare earths project 13:54 Treasury Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Fury Gold Mines pays MSE a United States dollar seven thousand per month coverage fee. The forward-looking statement found in Fury Gold's most-recent presentation found at www.FuryGoldMines.com applies to everything discussed in this interview. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

John Maytham delves deeper into this pressing issue and speaks to Gugu Xaba, CEO of Save the Children South Africa, who has been at the forefront of advocating for children's rights and protection. With over 30 years of experience in the development sector, Gugu brings a wealth of knowledge and a profound commitment to safeguarding children. Presenter John Maytham is an actor and author-turned-talk radio veteran and seasoned journalist. His show serves a round-up of local and international news coupled with the latest in business, sport, traffic and weather. The host’s eclectic interests mean the program often surprises the audience with intriguing book reviews and inspiring interviews profiling artists. A daily highlight is Rapid Fire, just after 5:30pm. CapeTalk fans call in, to stump the presenter with their general knowledge questions. Another firm favourite is the humorous Thursday crossing with award-winning journalist Rebecca Davis, called “Plan B”. Thank you for listening to a podcast from Afternoon Drive with John Maytham Listen live on Primedia+ weekdays from 15:00 and 18:00 (SA Time) to Afternoon Drive with John Maytham broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/BSFy4Cn or find all the catch-up podcasts here https://buff.ly/n8nWt4x Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media: CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Interview with Gwen Preston, VP Communications of West Red Lake Gold Mines Ltd.Our previous interview: https://www.cruxinvestor.com/posts/actual-gold-mine-builders-discussing-the-reality-vs-theory-of-getting-into-economic-production-7040Recording date: 7th May 2025West Red Lake Gold Mines (TSXV: WRLG) is poised to restart production at its flagship Madsen gold mine in Red Lake, Ontario by mid-2025. After a comprehensive two-year turnaround effort, the company has successfully validated its mining plan through a 15,000-tonne bulk sample that closely matched predicted grades and tonnage.Mining operations are already underway with stockpiles being accumulated to ensure a smooth production launch. The company plans to begin at 600 tonnes per day, ramping up to 800 tonnes per day by the end of 2025, with future expansion potential given the mill's 1,100 tonne per day capacity.The bulk sample generated over $8 million USD in revenue while confirming the accuracy of the company's geological model. This success comes after WRLG completed 90,000 meters of definition drilling since 2023, addressing issues that led to the mine's previous operational failure under different ownership.Current elevated gold prices, now significantly higher than the $1,680/oz used in previous planning, have allowed the company to expand stope sizes and reduce cut-off constraints. This improved economics has shifted mining preferences toward more cost-efficient long-hole stoping methods.The project boasts strong metallurgical performance with 95% gold recovery rates and competent host rocks that reduce geotechnical risks. Regular updates, including drill results every six weeks, are planned as the company progresses toward full production.West Red Lake Gold Mines represents an attractive investment opportunity as a near-term producer with a validated resource model, strong gold price tailwinds, low technical risk, scalable infrastructure, visible cash flow, and compelling valuation. The company is strategically positioned to deliver ounces into a favorable gold price environment while competitors face capital constraints and project delays.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Gwen Preston, VP of Communication at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review the achievements to date, including the completion of the Connection Drift and the final processing of the Bulk Sample this week at the Madsen Mine and Mill, in the Red Lake district of Ontario, Canada.   We start off reviewing that the test mining bulk sample has finished running through the mill this week, as the initial first step in the process of restarting production at the Madsen mine and processing center. The mill was started up on Monday March 10th after 28 months of maintained dry shutdown and finished this week.  The Company will now review the reconciliation of what the production grade and recovery assumptions were, versus what the recovered gold and revenues end up being and be releasing a report to the market next week.   Next we got into all the other mine restart activities well underway with the 185 employees and over 50 contractors busy with so many different initiatives and the camp being built and now housing workers. In addition to further underground definition drilling, another big milestone was the recent completion of the  underground connection drift which opens up an “underground highway” for the mining vehicles to easily access both portals without having to drive up on surface.   Gwen wraps us up with more information about how the company will use the funds from gold sold during this bulk sample to further ramp up the amount of ore that will be fed into the Madsen Mill starting later in Q2 and through the second half of the year, as operations ramp up to full commercial production later this year and moving into next year.     If you have any follow up questions for the team over at West Red Lake Gold please email us at Fleck@kereport.com  or  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to follow the latest news from West Red Lake Gold

Interview with Kiran Patankar, President & CEO of Maple Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/maple-gold-mines-tsxvmgm-abitibi-project-targets-5moz-resource-post-100-consolidation-6496Recording date: 16th April 2025Maple Gold Mines has announced impressive drill results from its Douay gold project in Quebec, highlighted by a 300-meter step-out hole at the Nika zone that produced what CEO Kiran Patankar described as "spectacular intercepts" over thick, continuous sections. The notable intercept included approximately 100 meters grading 2 g/t gold, with higher-grade sections of 56 meters at 3 g/t and 17 meters at 5 g/t.These results come from the first five holes of the company's ongoing 10,000-meter drill program, representing the first meaningful drilling at the property in over two years. The market has responded positively with sustained share price appreciation following the announcement.Maple Gold currently controls a 3-million-ounce resource at Douay, with management expressing confidence in expanding this to 5 million ounces. The Nika zone, which currently accounts for less than 100,000 ounces of the overall resource, shows significant growth potential based on recent drilling.The company has undergone substantial transformation since Patankar became CEO in August 2023, including restructuring its joint venture with Agnico Eagle, rebuilding its technical team, and implementing new exploration methodologies. Rather than pursuing what Patankar calls "fluke-style moonshot drilling," the company has adopted a systematic approach involving extensive relogging of historical drill core, rebuilding geological models, and creating new structural interpretations."We've changed our corporate culture, we've instilled exploration and site management and corporate management best practices," said Patankar. "A CEO's job in my view is simple: we're here to build lasting value for shareholders, not just to manage the share price."Despite gold prices appreciating approximately 20% in 2025 to record levels above $3,000 per ounce, Maple Gold trades at a discount to peers at approximately $6-7 per ounce on an enterprise value basis. The company is fully funded for its current exploration program and is operating on time and under budget.Looking forward, Maple Gold has outlined a $6.3 million budget for 2025, described as "one of the biggest programs" undertaken on the project. The company aims to update its resource estimate and potentially advance toward preliminary economic studies, considering both open-pit and underground mining scenarios.Additionally, Maple plans to explore its Joutel project later this year, which includes the past-producing Eagle Mine (the namesake of Agnico Eagle) and represents further upside potential not currently reflected in the company's valuation.View Maple Gold Mine's company profile: https://www.cruxinvestor.com/companies/maple-gold-mines-ltdSign up for Crux Investor: https://cruxinvestor.com

Kiran Patankar, President and CEO of Maple Gold Mines (TSX-V: MGM - OTCQB: MGMLF - FSE: M3G), joins me for a deep dive into the initial results from the company's 10,000 meter drill program at the Douay Gold Project in Quebec's Abitibi Greenstone Belt.   On April 3rd, Maple released initial drill results highlighted by 2.0 g/t gold over 108 meters at the Nika Zone, a 300-meter down-plunge step-out from a hole drilled four years ago. This intercept is especially notable given that the Nika Zone currently accounts for just 7% of the current 3Moz resource.   Key discussion points include:   The geological significance and follow-up plans at the Nika Zone, now the top priority with two rigs turning ahead of spring breakup Additional high-grade intercepts from the Porphyry East Zone, including 15.5 g/t Au over 1m, suggesting potential beyond classic porphyry expectations Broader strategy across the 6x2 km Douay footprint, including near-resource and regional targets How Maple is positioning Douay as a multi-million ounce, scalable asset, with underground bulk tonnage and open-pit development scenarios being explored.   The path to a potential resource update later this year and early engineering studies to assess development optionality   Please email me your follow up questions for Kiran. My email address is Fleck@kereport.com .  Click here to visit the Maple Gold Mines website to learn more about the Company.   

The time is now! IDP Waiver Wire mining and targeting can be a vital part of the Dynasty Fantasy Football offseason. It's when we have the chance to fill in the gaps in our rosters to set ourselves up for better or repeated success the coming season, for free! We're laying out five players who we believe will be well worth your investment this offseason. Fantasy Football IDP Waiver Wire Gold-Mine Locator!

Rua Gold. announced the commencement of drilling at the Cumberland gold camp drill target. Maple Gold Mines reported initial assay results from the first five drill holes completed during the 10,000-metre winter drill campaign  at its 100%-owned Douay Gold Project in Québec. West Point Gold announced the most recent drill results from its ongoing drill program at the Tyro Main Zone of the Gold Chain Project in Arizona. GFG Resources announced a private placement of premium flow-through units to raise gross proceeds of up to C$2.5 million. Los Andes Copper is pleased to announce that the Company has expanded its land package by obtaining first-priority exploration claims over new areas within and adjacent to the current property boundaries for Los Andes' Vizcachitas copper project in Chile.This episode of Mining Stock Daily is brought to you by…Integra Resources. 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.comThe Mining Stock Daily morning briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice, and by our friends at the Junior Mining Network. 

In this KE Report company update, I feature a deep-dive discussion on Fury Gold Mines (NYSE:FURY - TSX:FURY) recently announced all-share acquisition of Quebec Precious Metals (TSX.V:QPM - OTCQB:CJCFF) valued at just over C$4 million. This strategic acquisition will significantly expand Fury's land position in Quebec's James Bay region to over 157,000 hectares, pending deal completion in late April. Joining me to break down the transaction and exploration plans are: Tim Clark, President & CEO of Fury Gold Mines Bryan Atkinson, SVP of Exploration at Fury Normand Champigny, CEO of Quebec Precious Metals Key Highlights from the Interview: Deal Rationale & Strategic Fit: Tim Clark explains how the deal came together after ongoing conversations with Normand Champigny. The consolidation provides operational efficiencies, expands Fury's footprint in a highly prospective district, and positions the company for long-term growth in Quebec. Expanding James Bay Exposure: The acquisition nearly doubles Fury's land package in James Bay, placing it in proximity to the Éléonore Mine, now owned by private Indonesian firm Delmar. The region is seeing rising M&A interest with recent ~$7.5B in M&A activity. Project Overview – Quebec Precious Metals: Normand provides insight into QPM's key assets, especially the flagship Sakami Project, with over 50,000 meters of historical drilling and strong gold potential. The project also includes lithium targets (notably Elmer East, next to Rio Tinto's Galaxy project) and the advanced-stage Kipawa Rare Earths Project, jointly held with Investissement Québec. Exploration Plans & Priorities: Brian Atkinson outlines Fury's next steps: Potential near-term maiden resource at Sakami through confirmation and extension drilling. Review and prioritization of newly acquired properties in June through field visits. Upcoming results from Éléonore South will help define 2025 drill plans, including possible follow-ups at Committee Bay and Eau Claire. 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

Gwen Preston, VP of Communication at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review the successful mill restart being achieved and all the ongoing development work and initiatives underway, both at surface and underground; moving towards first gold production towards the end of Q2 at the Madsen Mine and Mill, in the Red Lake district of Ontario, Canada.   We start off reviewing that the test mining bulk sample is currently being run through the mill as an initial first step in the process of restarting production at the Madsen mine and processing center. The mill was started up on Monday March 10th after 28 months of maintained dry shutdown. The processing of this bulk sample ore is the key initiative that the company will report results on in about a month's time.  They will review the reconciliation of what the production grade and recovery assumptions were, versus what the recovered gold and revenues end up being.   Next we got into all the other mine restart activities well underway with the 185 employees and over 50 contractors busy with so many different initiatives from underground definition drilling, working on completing the connection drift which is approximately 97% complete, and the camp being mostly build and now housing workers. We also looked ahead to the 2nd half of 2025, once the mine is producing gold and revenues, where there is a full slate of exploration targets for the team to go after to keep expanding resources at the Fork deposit, at North Shore, in the confederation package of rocks, and the satellite Rowan Project. There will be a lot of newsflow on tap in the weeks and months to come, as this is a very active time for the company and team at the Madsen Project.     If you have any follow up questions for the team over at West Red Lake Gold please email us at Fleck@kereport.com  or  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

Interview with Elaine Ellingham, President & CEO of Omai Gold Mines Corp.Our previous interview: https://www.cruxinvestor.com/posts/omai-gold-mines-tsxvomg-unearthing-guyanas-multi-million-ounce-golden-potential-5939Recording date: 24th March 2025Omai Gold Mines (TSXV: OMG) is making significant progress developing a past-producing gold property in Guyana that was previously South America's largest primary gold producer. The company has established a substantial resource base of 4.3 million ounces across two deposits – Wenot and Gilt Creek – with 2 million ounces in the indicated category and 2.3 million ounces in the inferred category.Recent exploration efforts have yielded promising results, particularly at the Wenot deposit where drilling below 350 meters has revealed higher grades, including an exceptional intersection of 4.48 g/t gold over 57 meters. The company is employing both infill and step-out drilling strategies to expand the resource. Infill drilling is targeting areas with spacing exceeding 150 meters, while step-out drilling aims to extend the resource to greater depths."We've been drilling about 14,000 meters of additional drilling last year and another 8,000 meters already this year," noted Elaine Ellingham, President and CEO of Omai Gold Mines.The Gilt Creek deposit, located only 400 meters from Wenot, has also shown promise. Recent drilling intersected 774 meters of mineralized intrusive rock averaging 1 g/t gold. The existing resource at Gilt Creek stands at approximately 1.8 million ounces with an average grade of 3.2 g/t.A preliminary economic assessment completed last year demonstrated a net present value of $560 million USD with a 13-year mine life and average annual production of 142,000 ounces of gold. However, management considers this a baseline scenario and aims to extend the mine life to 20 years in future assessments."It was just a starting point for us but still a very healthy net present value," Ellingham explained.Omai Gold is well-funded following a recent financing round that raised over $25 million, with current cash reserves exceeding $30 million. This positions the company to continue its exploration and development activities throughout the year.The project benefits from several operational advantages, including being a brownfield site with known metallurgy, good road access, and proximity to assay labs in Georgetown. All-in drilling costs remain below $200 per meter, considered exceptional in the current environment.Currently trading at approximately $38 per resource ounce, management believes the company represents a compelling investment opportunity compared to peers in the Guyana Shield region.View Omai Gold Mines' company profile: https://www.cruxinvestor.com/companies/omai-gold-minesSign up for Crux Investor: https://cruxinvestor.com

David Wolfin, President and CEO of Avino Silver and Gold Mines (TSX:ASM – NYSE:ASM), joins me to outline the key metrics and takeaways from the record Q4 and record full year 2024 financials and operations.  Then we take a deeper dive into the Company's 5-year production growth plan, to become a Mexican intermediate silver producer, with the development of both the La Preciosa Project in 2025, and then the Tailings Project a few years out.   Fourth Quarter 2024 Financial Highlights (compared to Q4 2023)   Record Revenues: The Company realized revenues of $24.4 million, an increase of 95%, driven by increased production and higher realized silver and gold prices in the quarter. Record Gross Profit: Gross profit, or mine operating income, was $10.5 million and represented an increase of 308%. The significant improvement was a result of items noted related to revenues, as well as meaningful unit cost reductions and currency movements between the US dollar and Mexican Peso. Record Cash Flow Generation: The Avino Mine delivered cash provided by operating activities of $15.6 million, up over 2,000%, as well as mine operating cash flows before taxes 3 of $11.9 million, up 230%. Record Earnings and Adjusted Earnings: The Company realized net income of $5.1 million, or $0.03 per share, up 804%, and adjusted earnings 3 of $10 million, or $0.07 per share, an increase of 405%. Earnings before interest, taxes, depreciation and amortization ("EBITDA") 3 was $9.1 million, up 712% Improved Costs per Ounce Metrics: Cash costs per silver equivalent payable ounce sold was $13.88 and all-in sustaining cash costs per silver equivalent payable ounce sold was $18.62, down 8% and 14%, respectively.   Full Year 2024 Financial Highlights (compared to FY 2023)   All-Time High in Cash Strength: Cash balance of $27.3 million, an increase of 916%. This represents the highest balance in the Company's history and positions the Company to execute on its organic growth plans. Record Revenues: The Company realized revenues of $66.1 million, an increase of 51%, driven by improved production and sales volumes, as well as higher realized metal prices in 2024 Record Gross Profit: Gross profit, or mine operating income, was $23.2 million and represented an increase of 197%. Record Earnings and Adjusted Earnings: The Company realized net income of $8.1 million, or $0.06 per share, with adjusted earnings 3 up 364% at $21.3 million, or $0.15 per share. EBITDA 3 rose significantly and was $18 million, up 620%. Improved Costs per Ounce Metrics: Cash costs per silver equivalent payable ounce sold came in at $14.84, down 5% and all-in sustaining cash costs per silver equivalent payable ounce sold was $20.57, down 6%. Record Cash Flow Generation: The Avino Mine delivered cash provided by operating activities of $23.1 million, up over 1400%. Mine operating cash flow before taxes of $27.6 million, an increase of 150%   David outlines the consistent silver, gold, and copper production coming from the Avino Mine,  where the Company delivered record financial performance driven by higher metal prices and increased production from their Avino Mine. With records set in revenues and cash flow generation, their operating margins were further strengthened, and with a debt-free balance sheet and over $27 million in cash to close out the year, they are well-positioned for the future.  There is also a concerted effort in 2025 to invest in exploration around the Avino Gold Mine to spur on more organic growth.   For the balance of the discussion, we shifted over to the ongoing development work at the La Preciosa Project, now that the final permits were received to begin development, and the work on the underground decline has commenced and mining will get underway with first production expected in Q4 of 2025. We talk about the grade being about 3 times as high, and once in production it will start bringing AISC down into the high teens. Then the Oxide Tailings Project is also in cue for a few years out with low ~$10 All-In Sustaining Cost, it will contribute to their 5-year production growth plan and lowering costs down into the mid-teens.     If you have any follow up questions for David regarding Avino Silver and Gold then please email me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Avino Silver & Gold at the time of this recording.   Click here to follow the latest news from Avino Silver and Gold

News from the Field (2025) Part 2. The past excavation season has been extraordinarily productive. Beyond the new royal tomb of Thutmose II we also have a SECOND royal tomb, at Abydos! The Grand Egyptian Museum is finally opening in full. And archaeological teams throughout the land have uncovered wonderful things. We also remember some prominent scholars who passed away recently. Chapter times and links to discovery reports with photos: 00:22 – New tombs at Asasif https://southasasif.wordpress.com/2024/11/01/discovery-announcement/. 02:21 – New tombs at Dra Abu Naga https://www.facebook.com/tourismandantiq/posts/pfbid02eqYh7RAiCqrxxDir9Pvbhu4YV1samnfLLtdJUfgNqvNbF6mVHWYkMGHTWixL7efjl 04:31 – Hatshepsut's Valley Temple discoveries https://english.ahram.org.eg/News/538198.aspx 09:08 – Karnak Treasure Hoard https://english.ahram.org.eg/News/541255.aspx 10:50 – New tombs at Saqqara https://english.ahram.org.eg/News/537986.aspx 12:29 – Bastet Tooth, ancient predator https://www.sci.news/paleontology/bastetodon-syrtos-13673.html and https://doi.org/10.1080/02724634.2024.2442472 13:52 – Gold Mines in the Eastern Desert https://www.facebook.com/luxortimesmagazine/posts/pfbid024ATNP7GsdFwC35EgngA7Ys51MrwjrzsMPvPMXkty4oMt1SLC46g1tmRBVSEfpyXEl 15:28 – The Grand Egyptian Museum OPENING https://english.ahram.org.eg/NewsContent/1/1238/539361/Egypt/Tourism/A-world-gem-Grand-Egyptian-Museum-set-for-grand-op.aspx 20:18 – Obituaries 2024 & 2025. 31:24 – Breaking News: New Royal Tomb at Abydos https://www.egyptindependent.com/royal-cemetery-from-second-intermediate-period-and-pottery-workshop-discovered-in-sohag/ Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is ad free. If you want to support us and help us to keep going, check out our shop where we sell high quality Jersey merch! :)BUY OUR MERCH HEREJoin the mail bag by leaving a voicemail at: 908-67-9999-3Our personal Instagrams:SoboChomikJimmyJordanWelcome back to The Garden State, the only NJ podcast that gives you all the news you need to know this week. Thanks for tuning in once again and for supporting the podcast. If you're enjoying the show, make sure to leave us a review! We love reading those!Follow us on all our socials to keep up to date with that and everything else happening. https://linktr.ee/thegardenstate

Fury CEO Tim Clark and QPM CEO Normand Champigny, along with Fury SVP Exploration Bryan Atkinson, explain why Fury acquiring QPM makes sense for the shareholders of both companies. Bill Powers conducted the interview at PDAC 2025. Tim Clark, CEO of Fury, commented: “This Transaction is an exciting opportunity given it doubles Fury's land package in the Eeyou Istchee territory in the James Bay Region of Quebec and unites complementary assets, teams, and investor bases which should ultimately increase shareholder value at both companies. Combining QPM's gold and critical minerals portfolio of exploration projects with Fury's projects and strong balance sheet will not only help improve cost efficiency but also add to the potential for new discoveries.” Normand Champigny, CEO and Director of QPM, commented: “We are very pleased to be entering this combination with Fury. By combining with Fury, QPM's shareholders will benefit from the synergies and cost savings of leveraging the combined company's excellent management team for funding and obtaining required permits to continue drilling at Sakami. We believe that the Transaction with Fury offers for QPM shareholders a high potential for share price appreciation in the current gold market environment. The Transaction demonstrates the progress made with our exploration work to date. Fury has the ability to rapidly advance our assets to identify a large gold mineral resource.” Sponsor: https://furygoldmines.com/ Ticker: FURY Quebec Precious Metals: https://www.qpmcorp.ca/en/ Press Releases discussed: https://furygoldmines.com/fury-gold-mines-limited-to-acquire-quebec-precious-metals-corporation/ 0:00 Intro 0:51 Rationale for Fury's acquisition of QPM 2:53 QPM's Sakami gold project 3:47 QPM's Kipawa REE project 5:17 Fury to “focus on gold in James Bay” 6:31 Normand Champigny will be Fury advisor 7:19 Eleonore South drilling ongoing 7:43 Major interest in Committee Bay project 8:18 BMO & PDAC: “a lot of excitement” Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Fury Gold Mines pays MSE a United States dollar seven thousand per month coverage fee. The forward-looking statement found in Fury Gold's most-recent presentation found at www.FuryGoldMines.com applies to everything discussed in this interview. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

Gwen Preston, VP of Communication at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review the rationale behind the recent capital raise in tandem with all the development and exploration initiatives on the ground and underground, to support the restart of gold production towards the end of Q2 at the Madsen Mine, in the Red Lake district of Ontario, Canada.   We start off reviewing the corporate strategy behind the recent financing announced February 18th on the bought deal public offering, that was then upsized and closed on February 25th with 23,628,000 charity flow-through units of the Company at a price of C$0.8487 per Charity Flow-Through Unit for aggregate gross proceeds to the Company of $20,053,083.60.  Gwen reiterated that this was definitely not because the mine restart is running into any challenges or cost overruns; but rather to provide optionality in a number of different ways to protect the company from predatory bids, fuel further development initiatives, and allow the company to be able to pounce on opportunities that may present themselves.   Next we got into all the all the mine restart activities well underway with the 185 employees and over 50 contractors busy with so many different initiatives from underground drilling, working on completing the connection drift, and working on producing the bulk sample and test mining stockpiles to run through the mill as an initial first step in the process of restarting the Madsen mine and mill. After the bulk sample is completed, then the operations team is still on track to begin commissioning the mill and starting put more through it over Q2 as things begin to ramp up to nameplate production in the second half of this year.   Wrapping up, we also focused on the overall exploration strategy for the company.  We reviewed the successful infill and definition drilling at the South Austin Zone, with results released on February 26th, returning 114.26 g/t Au over 10.6 meters, 77.90 g/t Au over 3 meters and 24.48 g/t Au over 8.5 meters. In addition to all the definition drilling for the near-term mine planning, there is also still all the blue-sky exploration upside potential from multiple attractive targets that have shown potential.  Gwen reviews key targets like Upper 8, North Shore, North Venue, the Fork deposit, and the satellite Rowan Project that will begin to get more drilling in the second half of this year, once the mine is back in operation and the revenues start coming in from gold production.  There will be a lot of newsflow on tap in the weeks and months to come, as this is a very active time for the company and team at the Madsen Project.   If you have any follow up questions for the team over at West Red Lake Gold please email us at Fleck@kereport.com or  Shad@kereport.com.   In full disclosure, Shad is a shareholder of West Red Lake Gold Mines at the time of this recording.

Coffee with Samso Episode 201 is all about looking at a mineral explorer to ride the current market excitement for mineral resource discoveries. There is a visible and coherent bullish shift with investors within the mineral exploration sector of the Australian Stock Exchange (ASX). The E79 Gold Mines Limited (AIM:E79) story is being reviewed as it is primed for potential discovery, and now cashed up. I have known about E79 and was reminded when they were the beneficiary of a nearology play with Kalgoorlie Gold Mining Limited announcing results from their Lighthorse project. E79 was the beneficiary as they share tenement boundaries (Figure 1). One of the most important aspects of trying to understand this industry is to know that as retail investors, we are never going to know the real ins and outs of the company. On most occasions, we are the last and the "insiders," or what I term the "Purple Circle", are always looking at the retail market as the driver of rising pricing and the bag to hold when they leave. Hence, to negate some of the heartache, I prescribe the need to know the two critical points: one is management and the viability of the projects being promoted, and the other is the potential economic discovery within the project. Let me try and break this down without writing a book about it. Management I cannot stress enough the need to know the style and content of management in place. For the majority of retail investors, who are not from the industry, it is hard to know who is who. What many people rely on is being told who they are, and not knowing the main players with some degree of intimacy. The problem with second-hand knowledge is that you don't know how far that knowledge came from by the time it got to your ears. I have compiled a small list of things to ask or to DYOR for readers to chew on: Ability to raise money: Are they connected and have the records to show this? This is a very important ability. Are they the type of management that wants to make an economic discovery? I stress the term economic, which indicates a real effort in terms of spending money and having the right team. Are management looking for an economic discovery, or are they looking for a discovery to create share price stimulation? This is not a bad thing, but knowing this will help you from rushing in and taking a wait-and-see approach. The person who is known for the "Midas Touch," now this is a no brainer and in some ways, this kind of management is the easiest. Put your money in and then go do your day job. The only drawback is that these guys can take a long time, and I mean multiple years as they normally work on their schedule and not yours :-) Similarly, they may have a stronger holding power than you and hence, if you are forced to hold longer than you can, you may miss out. I am sure there are many other characteristics to be aware of, but those are normally the ones I look for before jumping into any stocks. The Project It is sufficient to say that the promoters of these companies have the same motivation as all investors, and that is making money. Retail investors like me are all about making sure we are not taken in by the promotion, that we forget there is a need to sell, and making sure we have the holding power to stay in the game. In my opinion, when we look at the projects being promoted, we need to simply think of two parts. If the main story is about making an economic discovery, is the project, technically, able to give it a good go, or do I think that the chances are low and the risk great? This normally requires a higher level of research and at most times, it's difficult to have an absolute answer. Fortunately for me, with 3 decades of experience, it's a lot easier to break all those points down. For those not in the industry, I have to admit, it's not easy. If the project appears to be lacking in substance, then you would have to assume that management is looking for something else and this is a holding pattern. It's kind of what we call, "Let's Join The Club First.". Coffee with Samso Today, it's all about E79 Gold Mines Limited and Ned Summerhayes. As I have mentioned, I know the management relatively well, and I do believe that they are looking for an economic discovery, and I am pretty sure they are also looking for a better project to come along. They will take their time while they slowly work on their projects. Chapters: 00:00 Start 03:29 Who is Ned Summerhayes? 04:20 What it's like working with the board members? 05:50 The Neurology Factor factor? 08:19 Has the market changed to being a Bull? 10:46 E79 projects set up by Ramelius consolidation. 12:37 What is the strategy for E79 at the Lighthorse region? 17:27 The Mountain Home Project 26:02 How should corporate manage shareholder expectations? 29:01 Is the market still tight for funding? 34:10 Last comments 34:47 Conclusion About Ned Summerhayes Edward (Ned) Summerhayes has completed a Master's of Economic Geology from the University of Tasmania. Ned has more than 15 years' experience in Mineral Exploration, primarily in Western Australia. Ned's most recent role was with Black Cat Syndicate as Exploration Manager, having both corporate responsibilities and directing technical programmes. Ned was responsible for all site personnel, stakeholder management, reporting and compliance, as well as reviewing and recommending strategic acquisitions. About E79 Gold Mines Limited E79 Gold Mines Limited is an Australian gold and copper exploration company which has approximately 1,838km2 of highly prospective ground in two proven gold producing greenstone belts in the Western Australian Goldfields and a project within the McArthur Basin of the Northern Territory. Mission To discover gold and develop sustainable operations whilst acting responsibly towards the environment and all stakeholders Statement of Values E79's vision is to create significant value for Shareholders through good science and applied exploration with a strong culture of operating ethically and responsibly. To respect the cultures, customs, and values of all Stakeholders, including employees, contractors, suppliers, Traditional Owners, pastoralists, and the community. At all times conduct ourselves with integrity, honesty, and transparency. Encourage an enjoyable and safe workplace based on technical excellence, teamwork, collaboration, and diversity. Seek to protect the environment and enrich the communities in which we work.

Think ugly, cheap houses aren't worth your time? Think again. In this episode, Stephanie Lombardo shares her secrets to finding rundown properties, adding value, and flipping them for big profits. She explains why mid-level flips are perfect for beginners and how to avoid costly mistakes. You'll also learn her strategies for working with contractors, deciding between flips and rentals, and balancing real estate with family life. KEY TALKING POINTS:0:00 - Introduction0:41 - An Overview of Stephanie Lombardo's Business1:15 - Why She Decided To Start Flipping Houses2:03 - Hard Lessons She's Learned In Business4:23 - Working With The “Ugly, Cheap” Flips8:58 - The Impact That House Flippers Have11:00 - How Her And Her Husband Divide The Work12:23 - Stephanie's Coaching Business14:22 - How She Decides What To Keep As A Rental17:00 - Her Advice For Aspiring Flippers With Analysis Paralysis18:29 - Outro LINKS:Instagram: Stephanie Lombardohttps://www.instagram.com/flippinempire/ Website: Stephanie Lombardohttps://flippinempire.com/ Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Kiran Patankar, President and CEO of Maple Gold Mines (TSX-V: MGM - OTCQB: MGMLF - FSE: M3G) joins me to outline the exploration plans this year at the Company's projects in Quebec. The largest program is underway at the Douay Project, including 10,000 meters of drilling.    We discuss the Company's latest developments, including the now 100% ownership of the Douay and Joutel projects in Quebec's Abitibi Greenstone Belt, formerly partnered with Agnico Eagle. We delve into their recent $5.6 million fundraise, the start of a 10,000-meter drill program at the Douay Project, and plans for Joutel and other projects for 2025.    Kiran elaborates on the Company's strategy to expand and de-risk the Douay deposit, aiming to upgrade the current 3 million-ounce mineral resource estimate (indicated + inferred), and touches on the economic potential and future milestones.    The discussion also covers potential drilling at Joutel and the Morris VMS Project.   Please email me your follow up questions for Kiran. My email address is Fleck@kereport.com.    Click here to visit the Maple Gold Mines website to learn more about the Company.

Tim Clark, President and CEO, and Bryan Atkinson, Senior VP Exploration at Fury Gold Mines (NYSE:FURY - TSX:FURY) join me to discuss the commencement of Phase 1 drilling at the Éléonore South Gold Project in Quebec.    The update covers the specifics of this initial drilling program, which includes 6,000-8,000 meters over 15-20 holes, marking the first drilling on this strategically situated project adjacent to the Eleanor mine. The conversation delves into the unique geological features of the site, including its undrilled targets and the geophysical techniques used to identify drilling locations. They also provide a historical context of the Éléonore mine, including current production, resource grades, and the remaining mine life of the mine. The discussion touches on the company's ongoing financial health, future drilling plans, and the potential for significant discoveries that could enhance the company's value.

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsvxwrlg-nears-2025-production-at-flagship-madsen-gold-project-6485Recording date: 7th January 2025West Red Lake Gold Mines (WRLG) offers a rare and attractive investment opportunity as a near-term gold producer with a clear path to low-cost, high-margin production. The company's flagship Madsen Mine in the world-class Red Lake district of Ontario, Canada is on track to pour first gold in mid-2025 based on a recently completed pre-feasibility study (PFS). At a conservative gold price of US$2200 per ounce, the PFS demonstrates exceptional economics including an after-tax NPV5% of $315 million, average annual free cash flow of $70 million, and a rapid payback driven by a robust 255% IRR.One of the key differentiators for the Madsen project is the substantial infrastructure already in place. Previous operators invested over $450 million in underground development, a 600 tonne per day mill, and surface facilities prior to West Red Lake Gold's acquisition. As a result, the remaining capital to first production is estimated at only $95 million, a fraction of what comparable stand-alone development projects require. This unique aspect significantly de-risks the project from a financing standpoint and translates to a much quicker path to positive cash flow for investors.West Red Lake Gold Mines' management team has taken a disciplined and pragmatic approach to advancing the asset. Over the past 18 months, the company has effectively been operating in a pre-production environment, putting all the necessary systems and processes in place to ensure a smooth transition to commercial operation. The team's focus on operational readiness and proactive de-risking initiatives such as test mining, bulk sampling, and detailed definition drilling set West Red Lake Gold apart from many of its junior mining peers.While the PFS outlines an initial seven-year mine life at an average production rate of 67,500 ounces per annum, this only scratches the surface of the geological potential at Madsen. The mine plan is confined to three main zones near existing infrastructure and does not include a number of high-grade satellite deposits or the deeper 8 Zone which management views as a potential game changer. These areas offer ample opportunity to both expand the production profile and extend the mine life in the years ahead.West Red Lake Gold's strategic focus is on margin over volume. With all-in sustaining costs estimated at $1100 per ounce, Madsen is expected to generate robust 57% operating margins at current gold prices. Management sees tremendous opportunity to drive margin expansion over time by blending in high-grade feed from the 8 Zone and selectively toll milling ore from satellite deposits like the Rowan target which grades over 10 g/t gold. The company is also evaluating the use of ore sorting technology which has the potential to significantly upgrade head grades while reducing material movement and processing costs.The macro backdrop for gold is increasingly constructive. A faltering global economy, persistent inflation, and a reversal in the US dollar and real interest rate cycle are all supportive of higher bullion prices going forward. At the same time, the gold industry is facing a dearth of new development projects due to a lack of new discoveries, ESG permitting challenges, and inflationary capital pressures. Against this backdrop, West Red Lake Gold Mines represents a scarce and timely investment opportunity - a high-margin, fully-permitted development asset in a tier-one jurisdiction with a clear path to near-term cash flow.—Learn more: https://cruxinvestor.com/companies/west-red-lake-gold-minesSign up for Crux Investor: https://cruxinvestor.com

Shane Williams, President and CEO of West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me to dive under the hood at the key metrics and takeaways from Pre-Feasibility Study (PFS) announced to the market January 7th,  working to support the restart of gold production by end of Q2 at the Madsen Mine, in the Red Lake district of Ontario, Canada.   We started off digging into the some of the specific numbers noting the very high Internal Rate of Return (IRR) and low capex as positives for the Project. Shane also put more color around why the All-In Sustaining Costs (AISC) had moved higher, due to all the ongoing development work underground; but also highlighted ongoing initiatives that could bring that number down over time.  Another key point we kept coming back to was that the PFS was simply a snapshot in time to show that the project is quite economically viable, but that it isn't factoring in 1.1 million ounces of gold in the indicated category or all the other resources still in the inferred categories; not to mention the ability to bring in known deposits at Fork, or Rowan, or the new Upper 8 area. There are a number of levers the company can and will pull over time to show the upside and to optimize bringing in more higher-grade ore earlier in the mine plan.      Madsen Mine PFS Highlights:   Post-tax net present value (“NPV”) (5%) of $315 million at a long-term gold price of US$2,200 per oz. IRR (post-tax) 255% with a Discounted Payback Period less than 1 year. High Grade Mine: Diluted head grade averages 8.2 g/t gold Average Annual Production: 67,600 oz. gold per year over 6 years of full production, within a 7.2-year mine life Strong Free Cash Flows: $69.5 million average annual free cash flow from an operation with average total operating cost of US$919 per oz. and average all-in sustaining cost (“AISC”) of US$1681 per oz. These metrics and strong value reinforces the rationale to restart the Madsen Mine imminently based on this initial mine plan; with a production start date of Q2 2025. There is also potential for Madsen to grow beyond this initial plan with further definition and exploration drilling strengthens the rationale Construction and Capital Investment to Mine Startup Substantially Complete. Bulk sample currently being mined; mill startup to process bulk sample planned in March; 21 km of modern underground development (since 2019) provides good mining access and represents significant time and cost savings Actual Costs: The Company has been operating underground for 16 months and the mill operated in 2022, which enabled a PFS based on realized costs for most operating metrics.   Wrapping up we also touched upon the strong endorsement and key milestone announced on January 2nd, that the Company has entered into a completed credit agreement with Nebari Natural Resources Credit Fund II LP pursuant to which the Company will borrow up to a maximum principal amount of US$35 million to be issued in three tranches of : (i) US$15 million (“Tranche 1”), (ii) US $15 million (“Tranche 2”), and (iii) US$5 million (“Tranche 3”). Tranche 1 was drawn down on December 31, 2024.  Shane shared the level of due diligence that Nebari had conducted and how this was simply another layer of professional vetting that the Madsen Mine restart plan has checked off successfully.   If you have any follow up questions for the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

Interview with Kiran Patankar, President & CEO of Maple Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/maple-gold-mines-tsxvmgm-100-ownership-of-3moz-quebec-gold-project-with-major-producer-backing-5946Recording date: 20th December 2024Maple Gold Mines (MGM) has established itself as a notable player in Quebec's prolific Abitibi greenstone belt with its flagship Douay Gold Project, which hosts over 3 million ounces of pit-constrained gold resources. The company's resource base comprises 75% inferred and 25% indicated resources, supported by extensive historical drilling of over 250,000 meters.The company recently consolidated 100% ownership of a substantial 400-square-kilometer land package along the Casa Berardi Deformation Zone. This strategic holding includes the past-producing mine that historically produced high-grade gold at 6-10 g/t over a 20-year period. The Douay deposit itself spans 6 kilometers by 2 kilometers and straddles a first-order structure known for hosting significant gold deposits.Under the leadership of CEO Kiran Patankar, MGM has outlined an ambitious growth strategy for 2025. The company is launching a 10,000-meter drill program in January 2025, targeting both resource expansion and new discoveries. Management aims to grow the resource beyond 4-5 million ounces while advancing technical studies to demonstrate the project's economic viability.Notably, MGM maintains a strategic relationship with major producer Agnico Eagle, providing significant validation of the asset's potential. While the company has consolidated 100% ownership, this partnership offers valuable operational expertise and strategic alignment.From a valuation perspective, MGM appears notably undervalued with an EV/oz of C$4 compared to recent regional transactions, such as the O3 Mining takeout at C$75/oz. The company is fully funded for the next 12-18 months of exploration and development activities, with plans for an updated resource estimate in the second half of 2025, followed by a preliminary economic assessment.The investment thesis is strengthened by favorable macro conditions in the gold sector, driven by geopolitical tensions, inflation concerns, and strong central bank buying. The scarcity of large-scale gold assets in tier-1 jurisdictions further enhances MGM's strategic position.With its significant resource base, district-scale exploration potential, strong strategic backing, and clear development pathway, Maple Gold Mines is positioned to capitalize on the robust gold market fundamentals while systematically advancing the Douay project toward a potential development decision or strategic transaction.

Interview with Gwen Preston, VP Investor Relations of West Red Lake Gold Mines Ltd.Our previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-near-term-gold-production-6264Recording date: 19th December 2024West Red Lake Gold Mines (WRLG) is on the cusp of reviving the historic Madsen gold mine in the renowned Red Lake district of Ontario, Canada. The company acquired the previously producing high-grade asset out of bankruptcy and has spent the last 18 months aggressively de-risking and advancing it back towards production.The flagship Madsen project boasts a robust indicated resource of 1.7 million ounces grading 7.4 g/t gold, with the potential for further growth. WRLG's phased restart plan centers on initially mining the easily-accessible high-grade Upper 8 Zone deposit. A new Pre-Feasibility Study (PFS), due out in early 2025, is expected to showcase an operation producing 60-65,000 ounces of gold annually. At current gold prices, this should generate significant free cash flow.Over the past year, WRLG has checked off several key de-risking milestones at Madsen. This includes completing over 80,000 meters of infill drilling to better define resources, developing additional underground access to support future mining, and finishing key surface infrastructure projects. The company also constructed a new Connector Drift which will allow for ore and waste haulage from the larger West Portal, greatly enhancing operational efficiency.Looking ahead, major upcoming catalysts for WRLGM include the PFS in early 2025, processing of an 8,000 tonne bulk sample to confirm grade continuity, and a construction decision underpinned by a recently secured $35M project debt facility. Madsen benefits from extensive existing infrastructure and a relatively modest go-forward capex profile.From a macro perspective, gold looks poised for a strong run in 2025 as the U.S. dollar weakens, real rates remain in negative territory, and safe haven demand picks up steam. This should provide a favorable backdrop for advancing assets like Madsen. Many analysts see the yellow metal retesting its all-time high above $2,000 per ounce in the coming year.Despite its advanced stage and near-term path to production, WRLG still trades at a discount to peer gold developers. However, this valuation gap is expected to close as Madsen hits key de-risking milestones in 2025 and the market gains confidence in the company's ability to execute. With a market capitalization of over C$150 million, WRLG looks to have ample room to re-rate higher as it transitions into the producer ranks.In a precious metals bull market, single-asset developers in premium jurisdictions with near-term growth tend to command premium valuations. WRLG has positioned itself to join this club in 2025 through the disciplined advancement of the Madsen gold project. With a clear path to first production, a robust high-grade resource base, and multiple exploration targets, WRLG offers a compelling opportunity for investors seeking gold exposure via an emerging Canadian producer.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Will Robinson, VP of Exploration at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me to focus on the potential of further exploring the Fork Deposit for a potential mining scenario, as a high-grade underground satellite deposit adjacent to the Madsen Mine, in the Red Lake district of Ontario, Canada.   We start getting into the historic work completed at the Fork deposit, which currently contains over 70,000 ounces of gold in all categories: An Indicated mineral resource of 20,900 ounces (“oz”) grading 5.3 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 49,500 oz grading 5.2 g/t Au.   Their exploration and engineering teams have recently completed a re-evaluation of the Fork deposit pointing to its shallow, high-grade, low-plunging zone of gold mineralization that is located approximately 250 meters southwest from existing underground development at Madsen.  Will outlines that they would like to do about another 2,000-3,000 meters of definition drilling from surface, since those would be shallow holes, to better define some of the high-grade areas of mineralization and look for extensions.    FORK DRILLING HIGHLIGHTS (HISTORIC):   Hole RUM-08-49 Intersected 13.05m @ 13.97 g/t Au, from 107.65m to 120.7m, Including 3.63m @ 30.79 g/t Au, from 110.37m to 114.00m, Also including 1.97m @ 32.55 g/t Au, from 118.73m to 120.70m. Hole PDM04-318 Intersected 9.3m @ 8.14 g/t Au, from 128.1m to 137.4m, Including 0.7m @ 85.70 g/t Au, from 128.1m to 128.8m, Also including 0.6m @ 21.3 g/t Au, from 136.8m to 137.4m. Hole RUM-08-68 Intersected 1.3m @ 50.48 g/t Au, from 95.7m to 97.0m, Including 0.2m @ 169.09 g/t Au, from 95.8m to 96.0m, Also including 0.4m @ 53.27 g/t Au, from 96.2m to 96.6m.Hole PG14-011 Intersected 3.5m @ 17.18 g/t Au, from 152.5m to 156.0m, Including 1.6m @ 33.80 g/t Au, from 154.4m to 156.0m.   Will outlines that if that further drilling were to demonstrate that it was economically viable to drift over to the Fork Deposit from the existing underground infrastructure near McVeigh, then it could be brought into a mining scenario with about 2 months of underground development.  This makes Fork a compelling area of focus as could be brought into the mine plan earlier than some of the other exploration targets of focus.    If you have any follow up questions for Will or the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

 Tim Clark, President and CEO, and Bryan Atkinson, Senior VP Exploration at Fury Gold Mines (NYSE:FURY - TSX:FURY) join me to provide an extensive update on the Company's 2024 activities and 2025 exploration plans at the Eau Claire, Éléonore South and Committee Bay Projects.    The discussion starts with a recap of the exploration work at the Eau Claire project, where the resource was increased by 40%. We also highlight the discovery at the Serendipity target.    Looking ahead to 2025, the focus will be on more discovery-focused drilling, particularly at new targets defined at Eleanor South and Eau Claire. The importance of this area is underscored by the recent sale of the Eleanor Mine, by Newmont, for $795 million. Additionally, we look to the Committee Bay Project and the potential of this asset being drilled next year. On the financial front, the conversation covers the valuation of Fury and the impact of their 51 million shares in Dolly Varden the Company holds.   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.

Ghana is a global gold mining powerhouse and Africa's biggest producer. The informal mining sector of gold – known locally as “galamsey” - is a big election issue here. There have been recent marches demanding tougher action against illegal miners in Accra. But illegal mining is also a major source of employment. More than a million Ghanaians make their living from galamsey. We hear from local galamsey miners and look at the negative impact this industry is having on both the workers in terms of health, the environment, and the wider community. (Picture: Man holding a bucket in an open-pit gold mine in Ghana.)Presented and produced by Ed Butler

This week Jaguar have temporarily calmed down so we are tackling the much requested topic of future classics! Hosted on Acast. See acast.com/privacy for more information.

In this episode, Alina Utrata talks to Dr. Tim Karayiannides, a junior research fellow at Emmanuel College, about his recent article about the similarities and connections between South Africa and Silicon Valley. While Elon Musk's childhood in apartheid in South Africa is sometimes cited as an explanation for his far-right views, there is in fact a much deeper history of connection between Californian and South Africa — from exporting gold mining engineers, to the establishment of technical universities, computer engineers who joined finance, to the histories of eugenics and racial capitalism. For a complete reading list from the episode, check out the Anti-Dystopians substack at bit.ly/3kuGM5X.You can follow Alina Utrata on Bluesky at @alinau27.bsky.socialAll episodes of the Anti-Dystopians are hosted and produced by Alina Utrata and are freely available to all listeners. To support the production of the show, subscribe to the newsletter at bit.ly/3kuGM5X.Nowhere Land by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/4148-nowhere-landLicense: http://creativecommons.org/licenses/by/4.0/ Hosted on Acast. See acast.com/privacy for more information.

Will Robinson, VP of Exploration at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me for a comprehensive exploration update on the underground definition drilling and the 12,000 meter program on 4 new targets at the Madsen Mine, in the Red Lake district of Ontario, Canada.   We start off digging into to all the underground definition drilling going on with 2 rigs, to delineate more resources and to continue building an inventory of high-confidence ounces to support the restart of production next year at the Madsen Mine.   We also review that the PFS that was slated for year-end has been pushed back to January of 2025, to be able to incorporate all of this incoming data and truly optimize the economics and engineering work for the best possible outcome upon a relaunch of mining.   Next we shifted into all the more discovery-based exploration drilling at the 4 new targets from the program that just wrapped up at the high-grade shoot at Upper 8, MJ/Wedge, North Venus, and North Shore.  On November 12th, the Company released assays from some of the 17 holes drilled at the Upper 8 target.   UPPER 8 HIGHLIGHTS:   Hole WRL24-017 Intersected 1.5m @ 21.44 g/t Au, from 297.7m to 299.2m, Including 0.5m @ 52.17 g/t Au, from 298.2m to 298.7m - this high-grade 0.5m interval is complimented by approximately 30 specks of visible gold (Figure 1). Hole WRL24-021 Intersected 2m @ 7.41 g/t Au, from 340.25m to 342.25m, Including 0.5m @ 23.74 g/t Au, from 340.25m to 340.75m. WRLG has now successfully defined a new ore shoot at Upper 8 that is approximately 30m wide and 130m along plunge – this new zone of mineralization remains open at depth (Figure 4). The plunge line on the Upper 8 ore shoot has been constrained to an orientation at approximately 110°/-40° (azimuth/plunge), which is very similar to the orientation of the deeper 8 Zone deposit – this increases WRLG's confidence in the potential to grow Upper 8 down plunge with additional drilling.   Will goes on to describe the way the exploration team is interpreting these results at the Upper 8 Zone, and how it may be part of a series of stacked lens between this area and the deeper 8 Zone, with the potential for more mineralized areas in between these two zones.   We then shift over to the drilling that continued into the MJ target at Wedge, and also the 2 new north splay targets, North Venus and North Shore.  There are still assays pending from all 4 of these new exploration target areas to be released in the near future.    If you have any follow up questions for Will or the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

Nathan Harte, CFO of Avino Silver and Gold Mines (TSX:ASM – NYSE:ASM), joins us from the floor of the New Orleans Investment Conference to recap the key takeaways from the Q3 2024 financials and operations.  Then we take a deeper dive into the Company's 5-year production growth plan, to become a Mexican intermediate silver producer, with the development of both the La Preciosa Project and the Tailings Project.    Third Quarter 2024 Financial Highlights   Revenues of $14.6 million, an increase of 19% from Q3 2023 Gross profit / mine operating income of $5.7 million Mine operating cash flow before taxes of $6.7 million Net income of $1.2 million, or $0.01 per share Adjusted earnings of $5.0 million, or $0.04 per share Earnings before interest, taxes, depreciation and amortization ("EBITDA")3 of $3.8 million Cash costs per silver equivalent payable ounce sold of $14.94, down 12% from Q3 2023 All in sustaining cash costs per silver equivalent payable ounce sold of $22.06, down 3% from Q3 2023   Nathan outlines the consistent silver, gold, and copper production coming from the Avino Mine,  where the Company realized strong revenues driven by higher metal prices and a 13% increase in production at the mine.  said Nathan Harte, Chief Financial Officer. He highlighted improvements once again in all key financial metrics compared to Q3 2023, with cash flow generation and improving operating margins bolstering their cash and working capital positions.   For the balance of the discussion we shifted over to the ongoing development work at the La Preciosa Project, and once the final explosives permit is received, then work on the underground decline will commence and mining will get underway with first production expected in 2025. Then the Oxide Tailings Project is in cue for a few years out with low ~$10 All-In Sustaining Cost, it will contribute to the 5-year production growth plan.   If you have any follow up questions for Nathan or would like further information on any of the topics we discussed please email them to me us at Fleck@kereport.com or  Shad@kereport.com.   In full disclosure, Shad is a shareholder of Avino Silver & Gold at the time of this recording.   Click here to follow along with the latest news from Avino Silver and Gold

Ever wondered where untapped mid-term rental (MTR) opportunities could be hiding? On this episode of The Landlord Diaries, we're joined by Lee Gierszewski, an innovative real estate investor in North Dakota, who's turning Bismarck's multifamily market into a booming mid-term rental portfolio. Discover why Lee transitioned long-term rentals into MTRs, how he doubled his rental income, and the surprising demand drivers for mid-sized markets. We'll dive into Lee's strategy of purchasing eight multi-family properties in a single year, his success with travel nurse demand, and why Bismarck—and other small to mid-sized cities—are hotbeds for MTR success. Whether you're looking to scale your portfolio or boost income with MTRs, Lee's journey could reveal your next investment move.Tune in to learn about:Lee's strategy for doubling rents and filling units consistentlyTips on converting and marketing units, even without full kitchensKey demand drivers in cities you might overlook, like travel nursing and local industriesIn this episode we cover:0:00 Landlord Diaries Intro2:30 Lee's MTR portfolio3:05 Why convert long term rentals to mid term4:15 Furnished Finder provides 85-90% of Lee's bookings4:45 Double your rent: $600/mo LTR, furnished for $3-4k, $1,400/mo MTR7:00 According to Lee, North Dakota is the highest paid state in travel nursing7:30 Buying 8 multi-families in one year!9:50 Why invest in Bismarck, ND13:00 Small to mid-size cities have down to earth contractors14:25 Why Lee's travelers extend an extra 3 months16:45 Providing solutions: murphy bed example19:45 Perks of naming your properties such as The Madison24:10 Round Table Discussion: Getting started in midterm rentals28:10 MTR demand in your area: FurnishedFinder.com/stats 29:45 MTR advantage: start marketing your property w/ “furniture coming soon”30:55 You don't need a full kitchen to have MTR successList Your Property Now:https://www.furnishedfinder.com/list-your-propertyTrending Midterm Rental Resources:https://www.furnishedfinder.com/Resources/PMResources  Lee's Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Lee.gierszewski The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-poised-for-success-in-restarting-historic-madsen-mine-6164Recording date: 15th November 2024West Red Lake Gold Mines (TSXV:WRLG) is on the cusp of revitalizing the historic Madsen gold mine in the renowned Red Lake mining district of Ontario. Under the stewardship of a new management team, the company has dedicated the past 18 months to systematically de-risking the project, setting the stage for a potential resumption of production in late 2025.Central to WRLG's efforts has been a focus on validating the geological understanding of the deposit and the integrity of the resource base. The company has undertaken an extensive 50,000m underground drilling campaign to augment the existing data set. Crucially, WRLG engaged three independent groups to review the data and construct their own resource models. The results align closely with WRLG's internal estimates, providing a strong third-party endorsement of the company's methodology and conclusions.With a firm geological foundation established, WRLG has shifted its attention to the operational preparations required to bring the Madsen mine back online. The recent arrival of key infrastructure components, such as the crusher and camp, mark tangible progress on this front. The company has also successfully scaled its on-site workforce to 150, with plans to reach 200-250 in the coming months. Importantly, WRLG has been able to draw heavily from the experienced local labor pool in the Red Lake area, underscoring the project's advantageous location.Looking ahead, two key milestones are expected to further solidify the Madsen project's trajectory. By early December, WRLG anticipates completing a pre-feasibility study (PFS) centered on an 800-1000 tons/day operating scenario. Management has emphasized the importance of focusing the study on a "base case" that demonstrates the economics of restarting the mine based solely on the Madsen resource. While exploration upside certainly exists, the PFS is intended to present a conservative, achievable starting point for the operation. Concurrent with the PFS, WRLG is conducting a test mining program to reconcile actual results with the resource model. This will provide a final level of confirmation as the company prepares to make a production decision. For investors, the coming months are likely to be transformative for the Madsen project and, by extension, WRLG. The delivery of the PFS should provide the first detailed look at the anticipated economics of the re-started operation. The test mining results will offer another key data point in evaluating the risk profile of the asset ahead of a full production decision. While not without risks, the Madsen project benefits from extensive existing infrastructure, a strategic location, and a management team that has demonstrated a methodical, disciplined approach to resource development. As WRLG transitions from explorer to producer, the value proposition for investors is poised for a potential re-rating, making the story one to watch closely in the junior gold space.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Discover the unlikely path from gold mines to marinas with our guest, Andrew Johnston, who traded the pickaxe for propellers in the heart of Red Lake, Ontario. Andrew's journey is not just a career shift; it's a tale of transformation that highlights the importance of environmental responsibility within the mining industry. As a seasoned pro in both gold mining and marine engine maintenance, Andrew shares insightful tips on ensuring engine longevity and how to prepare for the chill of winter—essential knowledge for anyone bridging the gap between these two fascinating worlds.The story takes a family twist as Andrew walks us through the serendipitous steps that led to owning a family-operated marina and Yamaha dealership in a small town. The lakeside life is not just about business; it's about being a key player in the local lodge industry, especially during the bustling months when demand peaks. Hear firsthand how Andrew's encounter with the Yamaha dealer reaffirmed the reliability of their motors and reinforced the community spirit that fuels his business. It's a narrative filled with dedication, family ties, and the pleasures of small-town life.From the nuts and bolts of marine engine maintenance to the hilariously creative excuses boaters make, this episode is packed with practical advice and amusing tales. Learn why using the right oils and parts could save you thousands in repairs, and why even a simple washer replacement is crucial. We wrap up with light-hearted stories of local legends and boating blunders, adding a dash of humour to the importance of proper preparation and maintenance. Whether you're a marine enthusiast, a lodge owner, or just someone who appreciates the charm of small-town adventures, this conversation promises to be as enriching as it is entertaining.

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-de-risked-restart-strategy-in-high-grade-gold-ontario-project-5944Recording date: 2nd November 2024West Red Lake Gold Mines (WRLGM) is on the verge of successfully restarting the historically productive Madsen gold mine in the prolific Red Lake district of Ontario, Canada. After inheriting the project following a false start by the previous operator, the new WRLG management team, led by CEO Shane Williams, has spent the last 15 months and $15 million de-risking the asset and positioning it for a successful return to production.A key advantage for WRLG is the ability to leverage over $350 million of sunk capital from prior development work at Madsen. This existing infrastructure, which includes a fully built and permitted mill, tailings facility, and significant underground development, provides a solid foundation to fast-track the restart at materially lower capital intensity than a greenfield project. To address the challenges faced by the previous operator, WRLG has assembled an experienced board and management team with a track record of fixing troubled projects. The team is laser-focused on the two key areas that hindered past efforts: better understanding the resource and optimizing the mine plan.Importantly, WRLGM is not just relying on historical data, but has been actively operating and collecting real-time information over the past 15 months to inform its upcoming Pre-Feasibility Study (PFS). This disciplined approach and use of actual, recent operating data should result in a much more robust and reliable study than those based solely on benchmarks and estimates.With the PFS expected by the end of November, key upcoming catalysts for WRLGM include the report's results, continued de-risking of the resource and mine plan via focused drilling and test mining, and the securing of financing to execute the restart plan. The company's ability to raise $29 million in a challenging market, largely from new investors, speaks to growing market confidence in the Madsen story and WRLGM's strategy.While not without risk, the combination of a high-grade resource in a Tier 1 jurisdiction, significant sunk capital, an experienced team with a prudent approach, and near-term catalysts make WRLGM a compelling speculative investment opportunity with the potential for outsized returns. If the company can continue to deliver on its plan and demonstrate a clear path to first production, the market is likely to take notice and reward early investors.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Frank J. Basa, President & CEO of Granada Gold Mine Inc.Our previous interview: https://www.cruxinvestor.com/posts/granada-gold-mine-ggm-exploration-toll-mine-potential-in-abitibi-3261Recording date: 31st October 2024Granada Gold Mines (TSXV:GGM) offers investors a compelling opportunity to gain leveraged exposure to a high-quality gold resource in a top-tier mining jurisdiction. The company's flagship Granada Gold Project in Quebec boasts a robust resource of 1 million ounces (0.5M oz indicated + 0.5M oz inferred) at an average grade of 2 g/t. However, bulk sampling indicates the potential for significantly higher grades of 3-5 g/t in the open pit and 9-10 g/t underground, suggesting the resource may be significantly underestimated.One of Granada's key advantages is its fully permitted, shovel-ready status. With all necessary approvals in hand, the project is significantly de-risked and can be quickly advanced to production. This, combined with its strategic location on the prolific Cadillac Break, home to over 100 million ounces of historical gold production, makes Granada a highly attractive takeover target. CEO Frank Basa explains, "On the Cadillac Break there's very little rock that's permitted. We're fortunate we have the permits." He notes that several major producers in the area, including Agnico Eagle and IAMGOLD, have processing infrastructure with dwindling ore reserves, stating "All the other mills are looking for feed." This puts Granada in an enviable position as a potential near-term source of ore.Exploration upside is another key value driver. To date, only 20% of Granada's 5.5km land package has been explored, leaving ample room for resource expansion. A 120,000m drill program is underway to prove up higher grades and grow the resource, with initial results returning intercepts like 107 g/t gold over 4m. Basa sees similarities to other major discoveries on the Cadillac Break, believing Granada has district-scale potential as exploration advances.To fund ongoing drilling while minimizing dilution, Granada has developed an innovative gold-backed preferred share structure, allowing investors to gain exposure to in-situ gold at the cost of production. Basa comments, "The potential is we can raise money through these preferred shares and minimize any dilution in our current shares."The investment thesis is further strengthened by the favorable macro environment for gold. With unprecedented global stimulus, negative real yields, and mounting debt levels, gold is poised for a sustained bull market. Many analysts predict prices reaching $3,000/oz or higher in the coming years. Basa remarked, "I think you might be coming into probably the craziest gold market in our lifetimes." High-quality gold developers like Granada should outperform in this scenario.In conclusion, Granada Gold Mines presents a unique opportunity to invest in an undervalued gold developer with a clear path to production, significant exploration upside, and strong potential to be acquired. With a market cap of just C$8 million, the company is significantly undervalued relative to the quality of its asset base and peer comparables. As the gold bull market gains momentum, Granada is well-positioned to deliver outsized returns.View Granada Gold's company profile: https://www.cruxinvestor.com/companies/granada-gold-mineSign up for Crux Investor: https://cruxinvestor.com

Welcome to a new episode of Get Creative! In this episode, dive deep into the world of creative finance in the RV park industry. Learn how a single RV park generates significant cash flow through innovative financial strategies, including a detailed breakdown of a $1.4 million cash deal involving community funding, seller finance struggles, and a hybrid deal structure. Discover the potential of RV parks as high-return investments and the intricacies of managing and upgrading such properties for maximum profitability.   Highlights: "This single park produces enough cash flow that can kill just about any job I've ever seen."   "This park generates about $25,000 a month."   "My net cash flow on this property every single year will be somewhere around $70 to $80,000 for our first year."   "It's like 80% of every park I've ever talked to, the person who is managing the park on a day-to-day... They're basically living here just for the rent and the utilities."   Timestamps: 0:00 - Mountain View RV Resort: A Job Killer 1:22 - Creative Finance and Community Funding 2:43 - Park Acquisition and Renovation Plans 3:59 - Management and Labor Strategy 5:26 - Finding the Deal and Community Meetups 7:36 - Long-Term Rental Strategy 9:37 - Value Add and Future Plans   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby   

Pastor Scallions shares how we enjoy victory in our lives by recognizing Genuine Gold Mines.

Kiran Patankar, President and CEO of Maple Gold Mines (TSX-V: MGM - OTCQB: MGMLF - FSE: M3G) joins me to outline the corporate strategy to move forward the Douay and Joutel Gold Projects, in the Abitibi Greenstone Gold Belt in Quebec. We focus on the Company's recent restructuring of its Joint Venture (‘JV') agreement with Agnico Eagle, securing 100% ownership of both projects.    To start I have Kiran provide an overview on his extensive background in geology and investment banking and his vision for advancing the projects.   We then delve into the projects, highlighting past explorations and future drilling programs aimed at expanding the 3 million ounce gold resource at the Douay Project. Kiran also touches on the company's financial health, focusing on their current funds and how they are allocated towards achieving its growth milestones.   Please email me your follow up questions for Kiran. My email address is Fleck@kereport.com.    Click here to visit the Maple Gold Mines website to learn more about the Company.  

Interview with Tim Clark, Director & CEO of Fury Gold Mines Ltd.Recording date: 12th September 2024Fury Gold Mines (TSX:FURY) presents a compelling investment opportunity in the junior gold exploration sector, offering a unique combination of high-grade assets, strong financial backing, and experienced management. With a portfolio of projects in mining-friendly Canadian jurisdictions, Fury is well-positioned to capitalize on the strengthening gold market and increasing M&A activity in the industry.The company's asset base includes three key projects:*Éléonore South Joint Venture:* Located adjacent to Newmont's Éléonore mine in Quebec, this recently consolidated project offers significant exploration potential and strategic value.*Eau Claire:* Fury's flagship asset in Quebec boasts a resource of 1.88 million ounces at over 6 g/t gold, ranking among Canada's top undeveloped gold projects.*Committee Bay Gold Project*: Located in the vast Nunavut greenstone 300 km belt with 1.3 million ounces of high-grade resources, representing a long-term growth opportunity.Fury's financial strength sets it apart from many junior explorers. The company holds an 18% stake in Dolly Varden Silver, valued at approximately $55-60 million. This strategic investment provides Fury with financial flexibility to fund exploration and pursue opportunistic acquisitions without excessive dilution.Led by CEO Tim Clark, who brings over 25 years of capital markets experience, Fury's management team emphasizes disciplined exploration, strategic partnerships, and conservative capital management. The company maintains dual listings on the TSX and NYSE American, enhancing liquidity and access to a broad investor base.Near-term catalysts include exploration results from the Éléonore South project and ongoing resource expansion at Eau Claire. The company is also well-positioned to benefit from potential M&A activity in the sector, either as an acquirer or acquisition target.Despite its strong asset base and financial position, Fury trades at a significant discount to peers on an enterprise value per ounce basis. CEO Tim Clark notes, "We're ranked at the bottom of $3 to $4 an ounce in the industry for an asset that's literally you can drive to." This valuation disconnect presents an opportunity for investors as the company continues to advance its projects and demonstrate their value.The macro environment for gold appears favorable, with economic uncertainties supporting gold prices and major producers seeking to replenish reserves through acquisitions. Fury's high-grade assets in stable jurisdictions make it an attractive player in this landscape.While risks inherent to junior mining companies exist, Fury's multi-asset portfolio and strong financial position help mitigate these concerns. The company's conservative approach to dilution and capital management further supports long-term value creation.For investors seeking exposure to gold exploration with a risk-mitigated approach, Fury Gold Mines offers a compelling proposition. With multiple avenues for value creation, a strong financial foundation, and experienced leadership, Fury is well-positioned to capitalize on the strengthening gold market and potentially deliver significant returns to shareholders.View Fury Gold Mines' company profile: https://www.cruxinvestor.com/companies/fury-gold-minesSign up for Crux Investor: https://cruxinvestor.com

Interview with Kiran Patankar, President & CEO of Maple Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/maple-gold-mines-tsx-v-mgm-3moz-unlocked-through-company-restructure-5768Recording date: 11th September 2024Maple Gold Mines (TSXV:MGM) has emerged as a revitalized player in Quebec's prolific Abitibi gold belt, following a significant corporate transformation over the past year. The company now controls 100% of a 400 square kilometer land package hosting approximately 3 million ounces of gold resources, positioning itself as an attractive investment opportunity in the junior gold exploration sector.Central to Maple Gold's transformation is the restructuring of its partnership with Agnico Eagle, one of the world's largest gold producers. Agnico Eagle has become a 19.9% strategic shareholder in Maple Gold, providing not only financial backing but also valuable technical expertise. This partnership lends credibility to Maple Gold's projects and approach, suggesting long-term potential recognized by a major industry player.The company's flagship Douay-Joutel project encompasses the Douay deposit and the past-producing high-grade Joutel mine complex. With full control of these assets, Maple Gold is now poised to execute a more focused and potentially value-accretive exploration program. The company plans a 7,500-10,000 meter drill program for the upcoming winter season, targeting both resource expansion and potential new discoveries.Importantly, Maple Gold's strategy extends beyond mere resource expansion. The company is focused on demonstrating economic viability, with a clear target of advancing towards a pre-feasibility study showing a $300 million NPV. This aligns with Agnico Eagle's criteria for further involvement, providing investors with a tangible milestone to track.Quebec's Abitibi gold belt offers Maple Gold significant advantages as a mining jurisdiction. The region boasts excellent infrastructure, supportive government policies, and substantial financial incentives for mineral exploration. These factors could potentially reduce development costs and timelines, enhancing the project's economic attractiveness.From a valuation perspective, Maple Gold appears to be trading at a discount to its intrinsic value. With a market capitalization that values its gold resources at around $6 per attributable ounce, there seems to be substantial room for value re-rating as the company executes its plans.Key catalysts for Maple Gold include results from the planned winter drill program, potential resource updates or new discoveries, progress towards economic studies, and ongoing project optimization. These events could drive share price appreciation in the near to medium term.However, investors should be mindful of the risks inherent in junior gold exploration. These include exploration risk, market risk related to gold prices and overall sentiment, execution risk, and potential future dilution from additional financing rounds.Maple Gold's management team brings a mix of geological, engineering, and corporate development expertise, which is crucial for navigating the challenges of advancing a large-scale gold project. The company's clear focus on demonstrating economic viability sets it apart from many peers in the junior exploration space.For investors seeking exposure to gold exploration in a top-tier jurisdiction, Maple Gold offers a compelling mix of resource scale, exploration upside, strategic backing, and jurisdictional advantages. As the company executes its plans in the coming months, it has the potential to deliver significant value creation for shareholders willing to accept the inherent risks of the junior mining sector.View Maple Gold Mines' company profile: https://www.cruxinvestor.com/companies/maple-gold-mines-ltdSign up for Crux Investor: https://cruxinvestor.com

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-reviving-a-high-grade-gold-asset-5834Recording date: 11th September 2024West Red Lake Gold Mines (WRLG) presents an intriguing investment opportunity in the gold mining sector, centered around its recent acquisition of the Madsen Mine project in Ontario's prolific Red Lake district. This near-term production asset, combined with management's disciplined approach to restart, positions WRLG as a unique player in the current market landscape.CEO Shane Williams emphasizes the company's strategic advantage: "We're lucky really in that there was a lot of projects that came on in the last number of years and there's nobody else out there that is next for us. We're kind of unique in that sense." This positioning as one of the few potential near-term gold producers has attracted investor attention, particularly in a strong gold price environment.WRLG's approach to restarting the Madsen Mine project is characterized by caution and thoroughness. Rather than rushing to capitalize on high gold prices, the company is prioritizing a comprehensive understanding of the asset and its challenges. This strategy involves:*Extensive definition drilling:* 50,000-80,000 meters completed, focusing on tight spacing to inform detailed mine design.*Rigorous economic modeling:* Transitioning from geological work to engineering and financial assessment.*Conservative production targets:* Initial focus on achieving stable production at around 800 tons per day, rather than immediately pursuing higher output.The company is currently preparing a pre-feasibility study (PFS) that will provide crucial economic projections. Notably, this study will be based on actual operational data from current site activities, lending credibility to its findings. Williams notes, "We're very lucky in that sense because we're like an operation today. We have 100 people on site. We're underground developing. We're mining."While the near-term focus is on a modest restart, WRLG is well aware of the project's long-term potential. The Madsen property has previously attracted interest from major mining companies due to its geological prospectivity. However, management is intentionally downplaying this aspect, preferring to focus on execution and building credibility in the short term.From an investment perspective, WRLG offers several attractive features:Near-term production potential in a tier-one jurisdictionDe-risked approach reducing execution riskExperienced management team with a track record in mine developmentSignificant exploration upside potentialFavorable acquisition terms, reducing capital requirementsThe company's strategy aligns well with the current macroeconomic environment for gold, characterized by economic uncertainty, potential shifts in monetary policy, and supply constraints in the industry.Investors should monitor key upcoming milestones, particularly the results of the pre-feasibility study and progress towards a production restart decision. While WRLG's conservative approach may require patience, it could provide a solid foundation for sustainable value creation in the long term.As with any mining investment, risks remain, including potential operational challenges, fluctuations in gold prices, and the inherent uncertainties of resource estimation and mine development. However, WRLG's measured approach aims to mitigate many of these risks.In summary, West Red Lake Gold Mines offers a compelling opportunity for investors seeking exposure to near-term gold production potential, backed by a disciplined management team and significant upside in a favorable jurisdiction.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Elaine Ellingham, President & CEO of Omai Gold Mines Corp.Our previous interview: https://www.cruxinvestor.com/posts/omai-gold-mines-tsxvomg-fast-track-to-production-on-43moz-gold-resource-project-in-guyana-5390Recording date: 11th September 2024Omai Gold Mines is rapidly emerging as a compelling investment opportunity in the junior gold mining sector, with its flagship project in Guyana poised for significant growth and development. The company's strategic position in the underexplored Guiana Shield, combined with robust project economics and substantial resource expansion potential, makes it an attractive prospect for investors seeking exposure to the gold market.Led by experienced President & CEO Ela Ellingham, Omai has been aggressively exploring its project for the past three years, consistently expanding its resource base. The company recently released a Preliminary Economic Assessment (PEA) that demonstrates strong project fundamentals, even when based on conservative assumptions. The PEA outlines an operation capable of producing an average of 142,000 ounces of gold annually over a 13-year mine life, with a Net Present Value (NPV) of $556 million at a 5% discount rate and an Internal Rate of Return (IRR) of 19.8%, using a gold price of $1,950 per ounce.Importantly, these figures are based on only 45% of the current resource and cover just one of two known deposits on the property. This conservative approach suggests significant upside potential as Omai continues to expand its resource base and optimize its development plans. The company recently completed a $13 million financing, with 90% participation from funds, providing the capital needed to accelerate its exploration efforts.Omai's project benefits from several key advantages. The deposit extends over 2.4 kilometers, with zones showing continuity along strike, providing numerous targets for resource expansion. Management has also observed that gold grades tend to increase with depth, suggesting that future drilling could potentially add higher-grade material to the resource. At current gold prices (around $2,500/oz), the project's economics improve dramatically, with the NPV potentially reaching $950 million and the IRR increasing to about 28%.The company's strategy focuses on systematically de-risking and advancing the project towards production. With two drill rigs currently operating and a target of drilling approximately 4,000 meters per month, Omai is well-positioned to deliver a steady stream of news flow and potential catalysts for share price appreciation.From a macro perspective, Omai stands to benefit from several industry trends. Major gold producers are facing declining reserve bases and struggling to replace depleted ounces, driving interest in junior explorers with significant resource potential. The gold mining sector has also seen increased M&A activity as larger companies seek to bolster their project pipelines. Omai's potential for a 20-30 year mine life makes it particularly attractive to mid-tier and major producers looking to establish a long-term presence in a new jurisdiction.While investing in junior mining companies carries inherent risks, Omai's strong fundamentals, exploration upside, and strategic appeal make it a compelling consideration for investors seeking exposure to the gold sector. The company's clear strategy, predictable geology, and significant resource expansion potential offer an attractive risk-reward profile.As CEO Elaine Ellingham states, "We know exactly where we want to drill and as I said, the one slice between 200 and 300 meters gave us over a million ounces. That's the focus at two grams. So we're basically stepping out 150 meters and we know from the drilling we've done it's fairly predictable. We think we can build that up and target a fairly significant deposit."For investors looking to gain exposure to a potentially world-class gold asset in an emerging mining jurisdiction, Omai Gold Mines presents an opportunity worth serious consideration. As the company continues to advance its project and demonstrate its value, it may attract increased attention from both investors and potential strategic partners in the mining industry.View Omai Gold Mines' company profile: https://www.cruxinvestor.com/companies/omai-gold-minesSign up for Crux Investor: https://cruxinvestor.com

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-resurrecting-a-high-grade-gold-asset-5502Recording date: 23rd August 2024West Red Lake Gold Mines (TSXV:WRLG) is positioning itself as a compelling investment opportunity in the gold mining sector, focusing on the restart of the Madsen gold project in Ontario's renowned Red Lake district. This 500-word summary outlines the key aspects investors should consider when evaluating this near-term production story.The Madsen project boasts a high-grade resource of approximately 2 million ounces at 7g/t gold. Located in a tier-one mining jurisdiction, the project benefits from existing infrastructure, including a processing plant and a 1,200-meter shaft, significantly reducing capital requirements for restart.WRLG's approach to revitalizing the Madsen mine centers on extensive definition drilling. The company has completed over 50,000 meters of drilling and plans an additional 50,000 meters. This high-definition drilling campaign, with spacing as tight as 6-7 meters, aims to provide a comprehensive understanding of the ore body, enabling optimized mine planning and operational efficiency.Initial production goals are modest but achievable, targeting 60,000-70,000 ounces of gold annually at a processing rate of 800 tons per day. This measured approach allows the company to establish consistent operations before considering future expansions.WRLG has raised $100 million to date and currently holds over C$40 million in cash. The company estimates needing an additional C$50-70 million to bring the mine back into production. Management is exploring various financing options, including potential royalty or streaming deals, to minimize equity dilution.Under the leadership of CEO Shane Williams, the company is taking a cautious and methodical approach to project development. This strategy aims to avoid the pitfalls experienced by the previous operator and aligns with current market expectations for disciplined capital allocation in the mining sector.The current strong gold price environment, with prices around $2,500 per ounce, provides a favorable backdrop for project development. The combination of high gold prices and the project's high-grade nature suggests potential for robust margins once production is achieved.Investment Thesis for West Red Lake Gold Mines are:High-grade resource in a premier mining jurisdictionNear-term production potential within 12-18 monthsExtensive de-risking through definition drillingExisting infrastructure reducing capital requirementsStrong gold price environment supporting project economicsExperienced management teamExploration upside and potential for resource expansionM&A potential as a future producing asset in a tier-1 jurisdictionInvestors should be aware of the complexities involved in restarting a previously operated mine and closely monitor the company's progress in completing its drilling campaign, finalizing its mine plan, and securing the necessary funding to restart operations. Successful execution of the mine plan and securing the remaining capital are critical factors. The project's history, including challenges faced by the previous operator, underscores the importance of careful planning and realistic expectations.West Red Lake Gold Mines presents an intriguing opportunity for investors seeking exposure to near-term gold production potential in a stable mining jurisdiction. The company's focus on de-risking the Madsen project through extensive drilling, combined with the advantages of existing infrastructure and a high-grade resource, positions it well for potential success. As the company progresses towards its production goals, it may attract increased attention from both investors and potential acquirers, potentially creating value for early supporters of the project.View West Red Lake Gold Mines: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Kiran Patankar, President & CEO of Maple Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/maple-gold-mines-mgm-deep-drilling-with-agnico-eagle-in-abitibi-quebec-3173Recording date: 3rd August 2024Maple Gold Mines (TSX-V: MGM, OTCQB: MGMLF) presents a compelling investment opportunity for those seeking exposure to gold exploration and development in one of the world's most prolific gold-producing regions. The company's recent strategic restructuring and new leadership have positioned it for significant value creation in the coming months and years.At the heart of Maple Gold's story is its 100% ownership of a 400 square kilometer land package in Quebec's Abitibi Greenstone Belt. This package includes the Douay gold project, boasting a 3-million-ounce gold resource, and the past-producing Joutel gold complex. The consolidation of these assets under Maple Gold's full control represents a transformative step for the company.CEO Kiran Patankar, who took the helm in August 2023, has implemented a systematic, data-driven approach to unlocking the value of these assets. With a background in both geology and investment banking, Patankar is focused on creating tangible shareholder value through strategic exploration and development.A key strength of Maple Gold is its partnership with Agnico Eagle Mines, one of the world's premier gold producers. Agnico Eagle now holds a 19.9% stake in Maple Gold, providing not only financial backing but also invaluable technical collaboration. This partnership lends significant credibility to Maple Gold's projects and approach.The company recently raised C$4 million, ensuring it is well-funded for its near-term exploration plans. These include a 7,500 to 10,000-meter drilling program set to commence in late 2024, focusing on both resource expansion at Douay and testing new high-potential targets across its land package.Investors should pay close attention to several upcoming catalysts:- A comprehensive exploration update outlining plans for the remainder of 2024- Results from the planned drilling program- Potential resource updates and economic studies- Ongoing corporate development initiatives and partnershipsFrom a valuation perspective, Maple Gold currently trades at a market capitalization of approximately C$30 million, representing a significant discount to many of its peers on a per-ounce basis. This presents an opportunity for potential re-rating as the company achieves key milestones and advances its projects.The macro environment for gold remains favorable, with persistent global economic uncertainties and geopolitical tensions supporting gold prices. Moreover, major gold producers are facing challenges in replacing their reserves, potentially making junior explorers like Maple Gold attractive M&A targets.While all junior mining investments carry inherent risks, Maple Gold's combination of assets, partnerships, and strategy make it an attractive option for investors seeking exposure to gold exploration in a top-tier jurisdiction. The company's focus on systematic, value-driven exploration in a proven gold district, backed by a major producer, positions it well for success.As CEO Patankar states, "We have a great starting point. And I think the fact that we've now got the structure, the financing to advance drill programs that are based on data with a team to execute, that is really what is the driver and the catalyst." For investors looking to capitalize on the potential of the Abitibi Greenstone Belt, Maple Gold Mines offers a compelling opportunity to participate in the next chapter of this storied gold district's development.—Maple Gold Mines' company profile: https://www.cruxinvestor.com/companies/maple-gold-mines-ltdSign up for Crux Investor: https://cruxinvestor.com

Fury Gold Mines is pursuing two new gold discoveries this year at their Eleonore South target and the Serendipity step-out target at its Eau Claire project, both in Quebec. Currently, Fury has a market cap of C$75M with a treasury of about C$65M ($10M cash and $55M $DV.v and other equities). In this MSE episode, CEO Tim Clark and SVP Exploration Bryan Atkinson provide an update and explain the company's summer plans. Bryan also shares why the Eau Claire deposit with its updated resource is now a top-five Canadian gold deposit in its peer group. Sponsor: https://furygoldmines.com/ Ticker: FURY Presentation: https://furygoldmines.com/investors/presentations/ Press Releases discussed: https://furygoldmines.com/fury-mobilizes-drill-to-the-serendipity-prospect-at-eau-claire/ 0:00 Intro 0:46 New Serendipity target 2:35 Pursuing new discoveries 5:12 Eau Claire gold deposit is top five in Canadian peer group 6:26 $5M charity flow-through financing 7:00 Eleonore discovery target 10:44 Treasury: about $65M in cash and equities 14:00 Committee Bay project Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Fury Gold Mines is a Mining Stock Education sponsor. The forward-looking statement found in Fury Gold's most-recent presentation found at www.FuryGoldMines.com applies to everything discussed in this interview. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

Interview with Gwen Preston, VP of Investor Relations at West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-turnaround-potential-for-undervalued-red-lake-gold-asset-4996Recording date: 4th June 2024West Red Lake Gold Mines (TSXV:WRLG) offers investors a unique opportunity to participate in the revival of the high-grade Madsen gold project in the renowned Red Lake district of Ontario, Canada.The company acquired the project out of bankruptcy in 2023 after the previous owner, Pure Gold, had invested approximately $350 million. Despite the project's robust fundamentals, Pure Gold encountered significant challenges due to mismanagement, lack of operational expertise, insufficient financing, and inadequate understanding of the complex, high-grade nature of the deposit.WRLG's management team has spent the past year meticulously analyzing the operation to identify the root causes of the previous failures and develop a comprehensive plan to address them. The company has $50 million to implement the necessary changes and advance the project towards production.A key issue identified was the lack of detailed knowledge about the distribution of the high-grade gold mineralization, as the previous mine plan was based on widely spaced drilling. To rectify this, WRLG is undertaking an extensive infill drilling program to better define the resource on a stope-by-stope basis, ensuring a more accurate understanding of the gold distribution. The company is also optimizing its mining method to minimize dilution and improve the grade of the ore delivered to the mill.In addition to the technical aspects, WRLG is focusing on critical infrastructure enhancements, such as connecting the east and west mine portals to streamline operations and improve ventilation. The company is also investing in essential equipment, like a primary crusher, which will be purchased outright rather than leased at an exorbitant cost, as was the case under previous ownership.WRLGM has set a clear timeline for advancing the Madsen project, with a pre-feasibility study expected in early 2025 and production targeted for the second half of 2025. In the interim, the company will be actively implementing its improvement plans, including infill drilling, test mining, and infrastructure upgrades.The Madsen project benefits from a favorable location in the prolific Red Lake district, known for its high-grade gold deposits, and has substantial existing infrastructure in place. With a proven management team, a strong financial position, and a well-defined plan to address past issues, WRLGM is well-positioned to unlock the potential of this high-grade gold asset.For investors seeking exposure to the gold sector, particularly in the current macro environment characterized by economic uncertainty and inflationary pressures, WRLG presents a compelling opportunity. The company's focus on operational improvements, combined with the inherent value of the Madsen project, offers the potential for significant value creation as the project advances towards production.View West Red Lake Gold Mines' company profile: https://cruxinvestor.com/west-red-lake-gold-minesSign up for Crux Investor: https://cruxinvestor.com

Plusieurs mines d'or gérées par une société chinoise ont dû fermer temporairement après que des dizaines d'animaux sont morts en buvant des eaux usées.Traduction :Several gold mines managed by a Chinese company were ordered to temporarily close after dozens of animals died from drinking wastewater. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Some Eastern politicians had a plan for paying down Civil War debt: Send in the Army, with the aid of foreign troops, and seize all the productive gold-mining operations in the West. Luckily, a Nevada Senator had a plan to pre-empt it. (Washington, D.C.; 1860s) (For text and pictures, see https://offbeatoregon.com/1908a.origins-of-american-mining-law-559.html)