The extraction of valuable minerals or other geological materials from the Earth
In 101, we check out "The Snoopy Show", S3, episode 4 - which is apparently a celebration of all things snail mail. Rememer snail mail? Kids, go ask your parents. The plot of each story in the episode hinges on at least one letter sent through regular ol' US Mail. Coincidence? Yeah, probably. Or maybe not...hmmm. We've also got a "Random Strip of the Month", plus your feedback on peanut-y things and news from the world of Peanuts! Good grief, that's a lot! Thanks to Kevin McLeod at Incompetech.com for creative commons use of his songs "Mining by Moonlight", "Bass Walker" and "Hidden Agenda". Thanks to Nick Jones for the use of "25% Off". Thanks to Henry Pope for the use of "Linus & Lucy Remix". Support It's a Podcast, Charlie Brown on patreon.com Find out more at carnivalofgleecreations.com
Interview with Nolan Peterson, CEO of Sandstorm Gold Royalties (TSX:SSL, NYSE:SAND)Our previous interviews: https://youtu.be/EaxtScCYzx0. and https://youtu.be/Ro4pOafAoi4Recording date: 18th September 2023Sandstorm Gold President and CEO Nolan Watson provided an update on the streaming company's strategy in an interview at the Denver Gold Forum conference. Watson noted Sandstorm plans to be "boring" over the next couple of years, focusing on paying down debt and waiting for four key assets to reach production.Watson sees volatility declining in Sandstorm's share price with major shareholders who had been selling down now mostly cleared out. Going forward, trading should be more fundamentals-driven. Institutional investors remain bullish on gold given high interest rates and see an upside if rates start falling.On the macro outlook, Watson believes central banks are supporting the institutional liquidation of gold, resulting in significant net buying. He sees gold emerging as a viable alternative reserve currency to the U.S. dollar over time as countries push for de-dollarization.Sandstorm expects to produce around 95,000 gold equivalent ounces in 2022. With no additional acquisitions, four assets under construction are slated to drive production to around 125,000 ounces by 2027, representing over 30% growth. These include Equinox Gold's Greenstone mine in Canada, Ivanhoe's Platreef mine in South Africa, Barrick's Robertson mine at Cortez in Nevada, and Houndé in Burkina Faso.Given high interest rates, Sandstorm plans no major acquisitions in the near term. The focus is on paying down debt taken on to fund recent deals. Watson may look to sell non-core assets to accelerate debt repayment. Once debt is reduced, Sandstorm has locked in an option to acquire a $225 million stream from Glencore's Mara project.In summary, Sandstorm offers stable growing cash flow leverage to the gold price from a diversified portfolio of world-class mines. With no equity issuances needed, investors can position for pending production growth through a period of debt reduction and anticipated sector upside.—Learn more: https://cruxinvestor.com
Jason Jessup of Magna Mining was able to attend this year's Beaver Creek Precious Metals Summit. Despite being a primary nickel developer in Sudbury, the company does have a nice endowment of PGMs in its matrix. Jason discusses the business strategy of Magna and why they are a very interesting one to watch out of Sudbury given its local peers.
Lithium is integral to the majority of electric vehicle battery chemistries, making it one of the world's most sought-after metals. Once it's out of ground, who controls the supply of lithium and its refining? With the majority of major diversified miners not actively taking part in lithium extraction, who are the companies involved in this space? On today's show, Dana speaks with Ellie Gomes-Callus from BNEF's metals and mining team, and Dr. Andy Leach from the energy storage team. Together, they discuss the different methods of lithium mining and their varying ecological impacts, why the major diversified miners are largely avoiding the extraction of this metal, and the relationship between lithium and different battery chemistries. They also consider whether sodium-ion technology poses a threat to lithium's current dominance. Complimentary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF on the Bloomberg Terminal, on bnef.com or on the BNEF mobile app. Links to research notes from this episode: 1H 2023 Battery Metals Outlook: Shift In Demand Dynamics Energy Transition Metals Production Scores: Australia Top Sodium-ion Batteries Target China's Mini EVs to Cut Costs Rio Tinto Doubles Down on Lithium Mining With Rwanda Deal Battery Metals Monthly - August 2023See omnystudio.com/listener for privacy information.
In this insightful episode of The Mark Moss Show, we dive deep into the burgeoning influence of Bitcoin on nation states and how countries like Bhutan, the UAE, Oman, and El Salvador are navigating its disruptive impact. We then shine a light on the concerning implications of dementia among US officials and what it means for national security. We'll also delve into the current EV transformation, exploring the challenges faced by cities like Palo Alto, and whether our energy infrastructure can keep up with the fast-paced change. Lastly, with the CPI hitting its biggest monthly gain, we assess what this means for your pocket and the broader economy. Join us for this deep dive into some of the most pressing topics of our time.See omnystudio.com/listener for privacy information.
Interview with Gerald Panneton, Executive Chairman and CEO of Gold Terra Resource Corp. (TSXV: YGT)Our previous interview: https://youtu.be/2phptqOtu0c and https://youtu.be/ZKQETXsrT4oRecording date: 18th September 2023GoldTerra Resource Chairman and CEO Gerald Panneton provided an update on the company's Yellowknife City Gold project in Canada's Northwest Territories in an interview at the Denver Gold Forum.Panneton stated GoldTerra is focused on outlining an initial resource of 2 million ounces of high-grade gold below the former Con gold mine, which ceased operations in 2002 after producing over 6 million ounces. Recent drilling has intersected exceptional grades including 33 g/t gold over 3 meters.GoldTerra has currently outlined 500,000 to 600,000 ounces of near-surface mineralization at Yellowknife City. Panneton sees potential for another 600,000 ounces within the old Con mine workings. The company is advancing toward an initial resource estimate and Preliminary Economic Assessment (PEA) in 2024.Located just 10 kilometers from Yellowknife, the project benefits from excellent infrastructure and year-round accessibility. Panneton highlighted the social license advantages of focusing largely on an underground operation near an established mining city rather than building a new open pit elsewhere.Despite weak market conditions, Panneton believes GoldTerra must keep advancing exploration and project development. He sees an important role for junior miners in supplying future gold production from safe jurisdictions like Canada.Panneton stated GoldTerra can delineate 2 million ounces with additional drilling at an attractive discovery cost of just $5 to $10 per ounce. The current valuation equates to only $5 to $10 per resource ounce, providing strong leverage as the project is derisked.With a strong technical team and balance sheet, Panneton expressed confidence GoldTerra will continue advancing the district-scale Yellowknife City project to realize significant value for shareholders as the market turns.
Interview with David Rae, CEO of Dundee Precious Metals (TSX:DPM)Our previous interview: https://youtu.be/tSF0PGM3bBM and https://youtu.be/eiJ6SEBxTHkRecording date: 18th September 2023Dundee Precious Metals CEO David Rae provided an update on the company's performance and outlook in an interview at the Precious Metals Summit in Colorado. DPM operates two mines in Bulgaria, Ada Tepe and Chelopech, which have delivered exceptional results in 2022.In the first half of 2022, DPM generated $135 million of free cash flow based on strong production and low costs. All-in sustaining costs at Chelopech are in the mid $400s per ounce, with the mine meeting all performance targets. Improvements underground and a shift to 5-day per week mining are delivering increased efficiencies.Rae noted inflationary pressures drove costs up around 30% initially, though some input prices such as energy are now seeing reductions. He believes DPM's low-cost assets provide flexibility to maintain margins despite cost pressures.DPM is investing to extend Chelopech's mine life through expanded exploration. At Ada Tepe, the focus is on optimizing recoveries and costs as the mine nears end of life in coming years. DPM is also advancing electric fleet and automation initiatives to improve productivity and lower costs.In Ecuador, DPM continues permitting for its Loma Larga project but does not expect resolution until a new government is in place. More exciting is the Choquepitita project in Peru, which Rae likened to a second Ada Tepe just 5 hours from existing operations by road. DPM is fast-tracking scoping studies and exploration to outline development potential.With $540 million in cash and consistent free cash flow generation, DPM is evaluating M&A opportunities but remains disciplined. The goal is to create value on a per share basis rather than growth for growth's sake. Rae believes DPM is undervalued based on current assets and sees a path to building value both organically and through acquisitions.
Interview with Nic Earner, CEO of Alkane Resources (ASX:ALK)Recording date: 18th September 2023Alkane Resources Managing Director, Nic Earner, provided an update on the Australian gold miner in an interview at the Denver Gold Forum conference. Alkane currently operates the Tomingley Gold Mine in New South Wales, which produced around 70,000 ounces in 2021 at an all-in sustaining-cost under A$1,600/oz.Looking ahead, Earner expects Tomingley production to increase in 2022 and costs to rise to A$1,750-2,100/oz. This reflects inflationary pressures in Australia on items like power, fuel, steel, and reagents. Earner believes cost increases of around 30% represent a new baseline for the Australian gold sector.Alkane is using cash flow from Tomingley to advance exploration at its Boda-Kaiser copper-gold porphyry project, also in New South Wales. Boda-Kaiser currently hosts about 15 million ounce gold equivalent resources. Upcoming catalysts include a resource upgrade at Boda expected this quarter and initial resources at Kaiser in Q1 2023.To fully realize Boda-Kaiser's value, Alkane is considering strategic partnerships, minority investments, or even a potential split into separate gold and copper-focused entities. Earner believes Alkane's track record of exploration success and experience in project development position it strongly.The goal remains growing Tomingley's production profile while advancing Boda-Kaiser to be construction-ready around 2026. This is expected to transform Alkane into a major dividend-paying gold producer. In the interim, Earner stressed profitable gold production and exploration success as key pillars to attracting investors seeking leverage to the upside.
Interview with Charles Funk, CEO, Heliostar Metals (TSXV:HSTR)Our previous interview: https://youtu.be/qxDRMLFxue8Recording date: 18th September 2023HelioStar Metals CEO Charles Funk provided an update on the company's Anapola gold project in Mexico in an interview at the recent Denver Gold Forum conference. Funk highlighted the project's potential to host 1.5-2 million ounces of high-grade gold resources.Funk noted that HelioStar acquired the Anapola project in early 2022 and believes it can become the next major gold mine in Mexico. Recent drilling has intersected exceptionally high grades, with 100-130 meter intercepts averaging 5-8 g/t gold and including 50 meter intercepts up to 10-15 g/t gold. Mineralization has been traced over 280 meters of strike length and remains open.The deposit benefits from over $75 million in previous exploration spending. Existing infrastructure includes roads, power, a processing plant, and a permitted open pit and underground decline. The underground potential has become the focus, given the exceptional grades encountered.Over the next few months, HelioStar is expecting metallurgy results and a resource update focused on the high-grade underground zones. The resource could outline 1.5-2 million ounces grading over 5 g/t gold. Early mining would target diluted head grades around 8 g/t gold.Given the growth potential, HelioStar now plans to complete a PFS in 2023 before moving to a full FS in late 2023 or 2024. This will allow more drilling to expand resources before finalizing development plans. The timeline to potential production has been pushed back by 3-6 months but remains on a fast track.On the permitting side, the existing open pit permits provide a head start. Funk sees a 12-month timeframe to obtain underground mining permits. Community engagement and social license activities are also well advanced.The Anapola project's combination of high grades, strong economics, existing infrastructure and permits gives HelioStar confidence it will become Mexico's next major gold mine. The upcoming catalysts of metallurgy, resource update and economic studies will further demonstrate the potential value as the project is advanced toward a production decision.—Learn more: https://cruxinvestor.com
Interview with Dan WIlton, CEO, First Mining Corp (TSX: FF)Our previous interviews: https://youtu.be/q-aaPYyEzWI. and. https://youtu.be/E7lmu6Y8RioRecording date: 18th September 2023First Mining Gold CEO Dan Wilton provided an update on the company's activities in an interview at the recent Denver Gold Forum conference. First Mining is advancing its Springpole and Duparquet gold projects in Canada.Wilton noted First Mining is seeing increased interest from major mining companies in acquiring advanced development projects. The majors recognize they need to replenish their project pipelines given depleting reserves and lack of exploration spending. First Mining's projects in mining-friendly jurisdictions check many of the boxes majors are looking for.At Springpole in Ontario, First Mining continues permitting and environmental assessment work. The project has approximately 7 million ounces of resources and is one of the largest undeveloped gold projects in Canada. At Duparquet in Quebec, First Mining recently released a positive Preliminary Economic Assessment (PEA) outlining an average annual production potential of 236,000 ounces over a 14-year mine life.First Mining is drilling at Duparquet to upgrade resources and explore for additional mineralization at depth and along strike. The historic Beattie mine produced over 1.5 million ounces, indicating significant exploration upside remains.On project advancement strategies, Wilton highlighted the potential to accelerate initial cash flows by leveraging nearby infrastructure at Duparquet, including underutilized mills. First Mining will investigate interim solutions to generate earlier revenues before completing full-scale permitting.Regarding the gold market, Wilton sees macroeconomic conditions pointing positively for gold prices. He believes gold could potentially reach $2,500-3,000/oz over the next 12-18 months. At these higher gold prices, the NPVs of First Mining's projects increase dramatically due to the resource leverage.First Mining's focus remains advancing Springpole and Duparquet to construction decisions within the next couple years, ideally coinciding with a rising gold price environment. Wilton believes First Mining offers maximum leverage for investors looking to capitalize on the coming upswing in the development project cycle.—Learn more: https://cruxinvestor.com
Interview with John Lee, Executive chairman & CEO of Silver Elephant MiningOur previous interview: https://www.cruxinvestor.com/posts/silver-elephant-mining-elef-the-waiting-game-timing-the-market-3101Recording date: 14th September 2023Silver Elephant Mining is focused on its flagship Pulacayo silver-lead-zinc project in Bolivia. The company recently announced a deal to truck and process near-surface oxides from Pulacayo at a third-party facility.In an interview, Chairman and CEO John Lee outlined plans to use the modest cash flows from this agreement to advance Pulacayo's underground sulfide potential. However, formal studies have not been conducted and risks remain in recalibrating the project to feasible smaller-scale production.Under the 5-year deal, Silver Elephant will provide around 800,000 tonnes of oxidized material grading approximately 230 g/t silver from its Paca deposit to partner Minera NDNM's processing plant. This is expected to generate $5 million in prepayments and cost reimbursements, phased over 18 months. While not linked to silver prices, NDNM will pay additional sums if silver rises above $28-32 per ounce.Silver Elephant aims to direct these limited cash flows towards preliminary engineering and feasibility work on underground sulfide mining at Pulacayo. Historic bonanza-grade production occurred from high-grade veins within the larger resource. However, formal studies have not been conducted to verify feasible parameters and economics. Required permitting also presents risks.With approximately 100 million ounces of silver in the ground, Pulacayo offers resource upside. However, advancing the project to construction amid challenging markets presents hurdles. While the deal provides non-dilutive funding through 2025, shareholders still face uncertainty regarding development timelines and ultimate economic viability.—View Silver Elephants's Company Profile: https://www.cruxinvestor.com/companies/silver-elephant-mining-corpSign up for Crux Investor: https://cruxinvestor.com
Interview with Bradley Rourke, President & CEO of Scottie Resources Corp.Our previous interview: https://www.cruxinvestor.com/posts/scottie-resources-scot-20000m-drill-plan-to-expand-mineralised-envelope-3123Recording date: 15th September 2023Scottie Resources is advancing a district-scale 60,000 hectare land package in British Columbia's prolific Golden Triangle. The company boasts seven past-producing mines, with current exploration focused on expanding the high-grade Blueberry zone at the Scottie Gold project.In a recent interview, President and CEO Brad Ruck outlined Scottie's systematic exploration strategy and potential pathways to create shareholder value. The company completed a 20,000 metre drill program in 2022, with assays pending over the next few months. An initial hole returned 56 g/t gold over 3.7 metres, connecting high-grade mineralization across the zone model.Ruck explains that Blueberry is road accessible and contains near surface intercepts over 300 g/t gold. Scottie has designed variability test work on composite samples, achieving up to 97% recoveries at nearby mills. This derisks the deposit and provides a baseline valuation.With the goal of outlining 1+ million ounces of high-grade gold, Scottie is well positioned for an M&A exit or production scenario. The company has garnered major corporate interest after its discovery success. Strategic discussions are likely once the full drill results are released.To advance Blueberry and its regional targets, Scottie is considering traditional and alternative financing options suited to challenging markets. These include royalty deals, JVs, and strategic investments. A small capital raise was recently launched and anchored by a lead institutional order.Despite depression in junior equities, Scottie has maintained drill productivity via its fixed infrastructure and hands-on approach. With one of few fully-funded 20,000m programs in the Golden Triangle this year, Scottie will deliver a steady news flow into early 2023. Its seasoned team continues executing through cycles to drive shareholder value.Overall, Scottie offers leverage to new high-grade gold discoveries in a top-tier jurisdiction. The investment case combines proven technical skills with project optionality across a large land package. As assays arrive, Blueberry has potential to emerge as the next flagship deposit in the Golden Triangle.—View Scottie Resources' Company Profile: https://www.cruxinvestor.com/companies/scottie-resources-corpSign up for Crux Investor: https://cruxinvestor.com
Interview with Christian Ervin Easterday, Managing Director & CEO of Hot Chili LtdOur previous interview: https://www.cruxinvestor.com/posts/hot-chili-hch-another-non-dilutive-financing-to-advance-copper-production-3262Recording date: 15th September 2023Hot Chili (ASX:HCH) is advancing one of the largest new copper projects globally, with a clear growth strategy to position itself as a major leveraged play on rising copper prices this decade.In a recent interview, CEO Christian Easterday outlined plans to expand the resource base and production profile at the Costa Fuego copper-gold project in Chile. The aim is to boost output from a PEA-stage 95,000 tonnes per annum of copper towards 150,000 tonnes per annum. An active 30,000 metre drill program and M&A strategy underpin this growth pivot.The low elevation, low strip ratio project already boasts competitive economics at baseline copper prices. But most importantly, Hot Chili's scale provides maximum exposure for shareholders as the copper market tightens. The company estimates a $0.50/lb rise in copper adds $3.3 billion in post-tax NPV and could drive the share price up to A$11.Key advantages include fully permitted access to low-cost seawater, rather than scarce freshwater sources. This provides a cost edge over peers and also opens up a potential water utility business for the region. Early stage work is underway to evaluate this opportunity.Additionally, Hot Chili is well advanced on baseline environmental studies required for permitting. The aim is to submit an EIA in 2023 and reach a construction decision in 2026, when copper markets are forecast to be very tight. First production is targeted for 2028-2030.The company is well funded, with A$24 million in cash following a royalty deal with Franco-Nevada. This leaves flexibility for further acquisitions and drill programs to expand resources at Costa Fuego. Conversations are also underway with majors, traders like Glencore, institutional investors, and automakers about strategic partnerships.In summary, Hot Chili offers investors leveraged exposure to copper via one of the few new projects of scale that can reach production before 2030. The large resource base, exploration upside, and advantages around water position it strongly against peers. While further funding will be required, the company has several options to create value, including potential spin-outs of the water rights. As copper markets tighten in the electrification era, Hot Chili's pivot to growth places it amongst the most exciting copper developers globally.—View Hot Chili's Company Profile: https://www.cruxinvestor.com/companies/hot-chili-limitedSign up for Crux Investor: https://cruxinvestor.com
Reading the tea leaves is never simple for an OTR tire dealer. With the market so closely tied to typically cyclical industries like construction, mining, agriculture and forestry, many OTR tire dealers will tell you they've experienced their fair share of both feast and famine. So far this year, though, the OTR tire market has been relatively steady, according to Triangle Tire's OTR Director Stephen Reynolds."If there's one thing that I've found to be true in the OTR world, it's that it's a variable rollercoaster. It's always either going up or down. So if you can maintain a flat line, that's something of a moral victory in my opinion," Reynolds says.In this episode of What's Treading with Tire Review, Reynolds gives us the details on the current state of demand, as well as where he sees the market heading as we approach 2024. Plus, we learn about how freight rates and Triangle Tire's recent warehousing expansion are affecting tire dealers.Tire Review: www.tirereview.comAAPEX: www.aapexshow.com
Interview with David Christie, President & CEO of Orford Mining Corp.Our previous interview: https://www.cruxinvestor.com/posts/orford-mining-orm-exploring-gold-critical-minerals-in-quebec-3243Recording date: 15th September 2023Orford Mining is a junior exploration company focused on gold and critical minerals projects in Quebec, Canada. In a recent interview, President and CEO David Christie highlighted Orford's diversified portfolio and upcoming catalysts that could unlock value for shareholders.Orford has an extensive lithium exploration portfolio covering 557 square km. This past summer, the company conducted 1500 mapping stations and identified 580 pegmatites, collecting 640 rock samples and 19 channel samples. Assay results are pending but could outline new lithium discoveries. Orford sees potential to partner with major lithium companies, as peers have done in Quebec.The flagship Pickle Crow gold project covers 443 square km in a prolific gold district. Using an ARD drill, Orford tested covered areas and discovered high-grade quartz veins grading up to 32 g/t Au near surface. Six ARD holes intersected the same veining and sulfides, with assays pending. At Central Patwon, initial sampling returned up to 30 g/t Au, and three holes also intersected veining and sulfides. Over 4km of copper-gold mineralization was previously outlined at the Sparrow target, and recent work identified a parallel trend further south with semi-massive to massive chalcopyrite and pyrite outcrops. This points to a much larger system through folding and repetitions. With surface samples up to 20 g/t Au and 5% Cu, the potential scale here could be company-changing.At West Raglan, airborne surveys and ground magnetics generated targets for the ongoing JV with BHP. Drilling is planned for 2023 after data is analyzed. The Chatillon Eagle South gold zone will also see resource definition drilling this winter.Despite this pipeline, the market downturn has pressured the share price. Orford is considering several options to unlock value:Monetizing its two silver royalty assets in Colombia, which are now in a sales processBringing in a JV partner for the Sparrow copper-gold project to share risk and costsMore broadly, joint-venturing projects while retaining upsideThe next few months will be catalyst-rich, with most exploration results expected before mid-October. Positive results could improve market sentiment and allow partnerships and other transactions to proceed. Orford aims to balance maximizing its assets' potential with prudent capital management in challenging markets. Its diversified portfolio provides optionality to direct resources toward the most prospective opportunities. But retaining upside will be critical, as assets like Sparrow demonstrate large-scale potential.Overall, Orford offers investors exposure to high-impact exploration with upcoming catalysts that could re-rate the stock. The planned transactions aim to accelerate development timelines and optimize capital allocation. With gold and lithium assets located in a top mining jurisdiction, Orford has the ingredients for outsized returns once markets improve. Patient, long-term investors could be rewarded as work continues to unlock the value across this diversified portfolio.—View Orford Mining's Company Profile: https://www.cruxinvestor.com/companies/orford-miningSign up for Crux Investor: https://cruxinvestor.com
Interview with Ari Sussman, Executive Chairman of Collective MiningOur previous interview: https://www.cruxinvestor.com/posts/collective-mining-cnl-previous-2b-sale-shows-way-for-new-venture-2880Recording date: 14th September 2023Collective Mining is focused on making large-scale copper-gold discoveries at its Guayabales project in Colombia. The company has intersected high-grade mineralizationstarting at surface, with impressive bulk tonnage potential.In a recent interview, Executive Chairman Ari Sussman explained why Collective's share price has strongly outperformed peers despite weak markets. The project contains a porphyry system overprinted by high-grade gold-silver veins, yielding exceptional grades over long intervals. Five of six initial targets have resulted in discoveries.With approximately $23 million in cash, Collective is fully funded for two years of drilling at its current pace. While additional rigs could accelerate the program, the company is taking a prudent approach given tight equity markets. The aim is to systematically test and expand the multiple zones at Guayabales.According to Sussman, the deposit shows all the hallmarks of a future mine based on drill results improving with depth and scale. Once the system is fully defined, the company will shift focus to infill drilling and formal economic studies.Given Sussman's track record of success in Colombia, including the $2 billion takeover of Continental Gold in 2020, Collective is positioned to create significant value at Guayabales. The company offers leverage to further high-grade results as drilling continues to delineate a potentially world-class copper-gold district.With approx. 45% insider ownership and minimal institutional presence, Collective has room to broaden its share registry over time. The current share price does not reflect the project's outstanding early potential. But systematic exploration and positive results could attract increasing investor interest in a recovering market.—View Collective Mining's Company Profile: https://www.cruxinvestor.com/companies/collective-miningSign up for Crux Investor: https://cruxinvestor.com
Interview with Bradley Langille, President & CEO of GoGold Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/gogold-resources-ggd-racing-to-silver-production-3164Recording date: 15th September 2023GoGold Resources is developing a portfolio of silver-gold projects in Mexico, with a focus on scaling production at the Los Ricos district in Jalisco state. The company already operates the Parral tailings project, generating cash flow for its growth pipeline.In a recent interview, CEO Brad Langille outlined GoGold's fully funded path to production at Los Ricos. The project encompasses two deposits, Los Ricos North and South, with economic studies completed on both. Over 270 million silver equivalent ounces have been delineated through extensive drilling since 2018.The phase one plan is to build a 1,750 tonne per day underground mine and process plant at Los Ricos South. An initial PEA outlined strong economics based on the high-grade Eagle deposit, with $458 million NPV from the first 11 years of mining. GoGold has approximately US$99 million in cash following a US$65 million raise, providing full funding for this initial capex of US$148 million.GoGold aims to complete a pre-feasibility study by late 2022 or early 2023. Permitting is underway for the underground mine, with production targeted for 2024-2025. This would generate estimated annual cash flow of US$80 million at current silver prices.The phase two expansion at Los Ricos North would follow, funded by cash flow and debt. This envisions an 8,000 tonne per day open pit operation, with total consolidated production exceeding 15 million silver equivalent ounces per year. Ultimately, GoGold is positioning Los Ricos to be one of the largest pure play silver producers globally.Despite market weakness, GoGold has maintained a strong balance sheet and peer-leading growth pipeline. The phased approach reduces execution risk and positions the company to benefit from higher silver prices expected later this decade. With a proven team and clear path to production, GoGold offers leverage to unlocking one of Mexico's premier silver districts.—View GoGold's Company Profile: https://www.cruxinvestor.com/companies/gogold-resourcesSign up for Crux Investor: https://cruxinvestor.com
Interview with Arturo Préstamo Elizondo, Exectuive Chairman & Interim CEO of Santacruz Silver Mining (TSX-V: SCZ)Our previous interview: https://youtu.be/uSMBY6VvSwoRecording date: 4th September 2023Santacruz Silver focuses on managing, acquiring, exploring, and developing mineral assets across Latin America. In Bolivia, the company operates the Bolivar, Porco, and Caballo Blanco Group, which includes the Tres Amigos, Reserva, and Colquechaquita mines. Additionally, the Soracaya exploration initiative and the San Lucas ore procurement and trading venture are also based in Bolivia. The Zimapan mine is located in Mexico.—View SantaCruz Silver's Company Profile: https://www.cruxinvestor.com/companies/santacruz-silver-miningSign up for Crux Investor: https://cruxinvestor.com
#bitcoin (18-09-2023) Today we get a clear indicator of the wall of money that is headed into Bitcoin and why, we look at some latest news, How using the Lightning Network is easier than you think… and as always some great tweets. MY VIEWS ARE MY OWN AND I MAKE NO PREDICTIONS SO DO YOUR OWN RESEARCH BEFORE INVESTING ANYTHING... & ONLY INVEST WHAT YOU CAN AFFORD TO LOSE! Subscribe to my ‘UK Bitcoiner' Backup Channel: https://www.youtube.com/channel/UC3p4A_VqohTmbm44z4lgokg Get on the Orange Pill App: https://signup.theorangepillapp.com/opa/UKBitcoinMaster Nostr Public key: npub13kgncg54ccmnmvtljvergdvrd7m06zm32j2ayg542kaqayejrv7qg9wp2s UKBitcoinMaster video library: http://www.UKBitcoinMaster.com UKBitcoinMaster Interviews: http://www.BitcoinInterviews.com Thursdays Live Show: https://www.youtube.com/watch?v=YvSOSel5uxI All UK Bitcoin Master Links: https://linktr.ee/ukbitcoinmaster When taking a consultation The UK Bitcoin Master DOES NOT talk Trading, TA, Mining, or Alt Coins!
Interview with Frederick Bell, Executive Director & CEO of Elemental Altus Royalties Corp.Our previous interview: https://www.cruxinvestor.com/posts/elemental-altus-royalties-tsxvele-rapid-growth-expanding-portfolio-overview-3717Recording date: 14th September 2023Elemental Altus Royalties is a growth-oriented precious metals royalty company focused on generating shareholder value through strategic acquisitions and asset generation. With a portfolio of 10 producing royalties and a strong pipeline of pre-production and discovery stage assets, Elemental Altus offers investors exposure to a diversified mix of royalty revenue today and significant upside potential for the future.The Vancouver-based company actively acquires uncapped royalties on producing and near-producing mines operated by established operators. This provides shareholders with lower risk exposure compared to traditional mining investments. Elemental Altus also originates new royalties by funding exploration on projects generating royalties on any future discoveries. This unique business model provides upside optionality without ongoing expenditures. Led by an experienced management team, Elemental Altus is poised to continue expanding its portfolio of revenue-generating royalties across a range of commodities and mining jurisdictions.—View Elemental Altus's Company Profile: https://www.cruxinvestor.com/companies/elemental-altus-royaltiesSign up for Crux Investor: https://cruxinvestor.com
Interview with Marc-Andre Pelletier, President & CEO of Bonterra ResourcesOur previous interview: https://www.cruxinvestor.com/posts/bonterra-resources-btr-junior-gold-explorer-in-quebecs-urban-barry-camp-3237Recording date: 14th September 2023In a recent interview at the Beaver Creek conference, Bonterra Resources CEO Marc-Andre Pelletier outlined plans to advance the company's Urban Barry gold projects in Quebec. With over 3 million ounces of resources and significant infrastructure already in place, Bonterra sees an opportunity to expand resources and attract a strategic partner.Pelletier brings over 25 years of hands-on mining experience to Bonterra, having worked on projects across Canada. When he joined Bonterra last year, Pelletier saw the potential to add value by restarting production. The company pursued plans to resume mining at its Barry deposit, completing a PEA and starting a PFS. However, with operating costs escalating 50-100% in the Abitibi region, Bonterra put those plans on hold as they were no longer economically feasible.Instead, Bonterra has focused on cutting costs, generating revenue by processing old mill tailings, and preparing for a new 13,000 meter drill program. Cleaning up the mill recovered over 600 ounces of gold worth C$1.6 million, providing funds for operations. The drill program aims to expand current resources at depth, follow up on past drill results that lacked follow-up, and test some "wildcat" targets identified through geophysics and geology.With gold prices around $1,950/oz, Pelletier believes Bonterra's market valuation around C$25 million significantly undervalues its 3 million ounces of resources. He highlights the opportunity for new investors to acquire shares at current lows before the market turns. To better position Bonterra, Pelletier is also looking at strategic partnerships, joint ventures, or other transactions to increase resources towards a potential 6-10 million ounces and unlock more value.Located in Quebec's Urban Barry camp neighboring zones where Osisko Mining and Cisco Mining recently acquired projects, Bonterra is surrounded by major miners and appealing assets. Its mill, tailings facility, mining leases, and proven resources provide a solid foundation. Drilling offers resource expansion potential, while strategic opportunities could strengthen its position during a tough market. For investors willing to weather volatile markets, Bonterra represents a speculative buy with substantial upside if gold prices rebound.—View Bonterra Resources' Company Profile: https://www.cruxinvestor.com/companies/bonterra-resourcesSign up for Crux Investor: https://cruxinvestor.com
Interview with Victor Cantore, President & CEO of Amex Exploration Inc.Our previous interview: https://www.cruxinvestor.com/posts/amex-exploration-amx-5-rigs-turning-at-perron-gold-results-follow-2757Recording date: 14th September 2023Amex Exploration is a Canadian junior gold exploration company focused on its high-grade Perron gold project located in northwestern Quebec. In this interview at the 2023 Beaver Creek Precious Metals Summit, Amex President and CEO Victor Cantore provides an update on the company's exploration progress and development plans.Cantore states that Amex has a full schedule of meetings at Beaver Creek, including retail investors, institutions, funds and strategics. This indicates significant interest in the story as the company advances both exploration and early-stage development work. According to Cantore, Amex recently added a mining engineer, resource geologist and environmental specialist to the team to advance Perron towards maiden resource estimation and a Preliminary Economic Assessment (PEA) in 2023. The exploration team remains fully intact with plans to continue drilling to expand resources and make new discoveries.Regarding the impact of recent forest fires near the Perron project, Cantore confirms there were no injuries or significant damage. The fires did cause a 7-week delay in drilling, but will also open up new areas for exploration via 65km of new roads being built in the region. Amex still has 5 drill rigs operating focused on infill drilling for the resource and exploration step-outs to expand mineralization.As of June 30, Amex had C$12.4 million in cash plus another C$4.4 million in flow-through funds to be spent by year-end. This is sufficient to fund continued exploration and development work into 2023. Cantore states Amex can control the burn rate and slow drilling if needed, but there are no immediate financing plans. The company will look to raise opportunistically at better valuations in the future.Regarding the high-grade gold mineralization, Cantore emphasizes the impressive continuity of the high-grade zones which lends itself well to potential underground mining scenarios. The development team will assess various mining methods and economics to maximize returns in the maiden resource and PEA.The key members of the development team are mining engineer Steven Cooke, Jonathan Gagne who worked on the Greenstone project, geologist Richard Pierre who worked on the Cisco project, and permitting specialist Jacqueline Leroy who worked on the Elder mine. This experienced team will provide crucial inputs for maximizing the value of Perron's high-grade gold mineralization.Despite weak equity markets, Cantore remains positive on the gold price long term. He believes high interest rates are cyclical and will eventually decline, which should spur a renewed gold bull market. In the interim, Amex is fully funded to continue delivering results from its dual exploration-development strategy focused on advancing the exciting high-grade Perron project.In summary, Amex Exploration is actively exploring and de-risking its Perron gold project in Quebec to build shareholder value. The experienced management team is executing a clear strategy by drilling to expand resources, while advancing engineering and economic studies to demonstrate a path towards gold production. With a tight share structure and strong institutional support, Amex Exploration warrants consideration as an emerging producer in a top-tier mining jurisdiction.—View Amex Exploration's Company Profile: https://www.cruxinvestor.com/companies/amex-explorationSign up for Crux Investor: https://cruxinvestor.com
Interview with George Bee, President & CEO of US Gold CorpRecording date: 14th September 2023US Gold Corp is advancing the CK Gold Project towards production in southeast Wyoming. In this interview at the 2023 Beaver Creek Precious Metals Summit, CEO George Bee provides an update on the progress and next steps for the project.Three years ago, US Gold pivoted from pure exploration to project development, focusing efforts on the CK Gold Project. CK Gold will be a shovel-ready project with an 8-year initial mine life producing 100,000 ounces of gold equivalent per year. The CEO states the project has robust economics even with inflation, maintaining an $800 per oz AISC based on $1625/oz gold and $3.25/lb copper.The company has been prudent with expenditures, recently raising $5 million to fund critical work. This includes finalizing permits and feasibility study ahead of project financing. Permitting through the state of Wyoming is at an advanced stage and will be a key derisking milestone. The feasibility study engineering is complete, with final equipment pricing needed to finish the report.US Gold believes CK Gold requires around $250 million in initial capital to construct. While not large enough to attract majors, it can appeal to mid-tier miners looking to add production in a stable jurisdiction like Wyoming. The company is also exploring creative financing options like equipment leasing and state subsidies to minimize equity needs.The CEO explains how three years ago the company was spread thin trying to explore multiple early-stage assets. By focusing efforts on CK Gold, they have been able to systematically derisk the project while conserving cash. The company still has prospective exploration ground in Nevada and Idaho that can be revisited when markets improve.Given weak market conditions, the company is currently undervalued trading around a $35 million market cap. However, the CEO stresses they are in a comfortable position financially and don't need to raise capital at depressed valuations. With permit approval and feasibility study imminent, CK Gold is poised to attract project financing to start construction when ready.US Gold Corp has leveraged its technical experience to advance CK Gold towards near-term production. The Project demonstrates robust economics even at today's inflationary costs. With permitting and feasibility study on the horizon, CK Gold is advancing rapidly towards a construction decision. The company remains well-funded through this critical phase, and with additional exploration upside, US Gold warrants a closer look by investors seeking emerging US gold production stories.—View US Gold Corp's Company Profile: https://www.cruxinvestor.com/companies/us-gold-corpSign up for Crux Investor: https://cruxinvestor.com
Interview with Alan Carter, President & CEO of Cabral Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/cabral-gold-tsxvcbr-5m-funds-pfs-improves-build-out-timeframe-3315Recording date: 14th September 2023Cabral Gold is advancing the Cuiú Cuiú gold project in northern Brazil, with the aim of bringing low-cost oxide gold production online rapidly. In a recent interview, President and CEO Alan Carter outlined plans to complete a pre-feasibility study on the oxide cap by January 2023 and potentially start construction by Q2 2023.With approximately $7 million in the bank, Cabral is funded to complete the pre-feasibility study on the oxide zone. This oxidized material sits above the primary gold resource and contains over 60 meters of free-digging material that can be processed via simple heap leach methods. By focusing first on the oxide cap, Cabral aims to generate early cash flow with low initial capex requirements.The larger Cuiú Cuiú project contains 1.2 million ounces of indicated and inferred hard rock gold resources. However, developing the full potential of the project will require substantially more capital investment. Targeting the oxide zone first is a lower-risk, faster route to production and revenue within 12-18 months.Cuiú Cuiú is located next to G Mining's large-scale gold project, which recently commenced construction. G Mining's development has improved infrastructure in the region and heightened attention on the district's potential. During historical gold rushes, streams on G Mining's land produced 200,000 ounces, while 2 million ounces were mined from Cabral's project area.With a current market cap around $25 million and approximately 15 million ounces in enterprise value per ounce, Cabral believes it is deeply undervalued. The company is engaged in project financing discussions to fund construction of the starter oxide mine, which requires relatively modest capital expenditure given the simple process flow sheet.Advancing the oxide zone provides a clear pathway to near-term cash flow for Cabral. It also de-risks future development of the full Cuiú Cuiú project and its multi-million ounce potential. For investors, the company offers speculative exposure to high-grade gold development in a proven region of Brazil.—View Cabral Gold's Company Profile: https://www.cruxinvestor.com/companies/cabral-goldSign up for Crux Investor: https://cruxinvestor.com
Today we are diving into the transformative power of retraining the mind and the nuances of leveraging Facebook's latest features for optimal digital engagement. Discover the art of crafting impactful video content, the significance of precise editing, and the strategies behind effective call-to-action buttons. As we navigate the intricate landscape of digital marketing, from understanding campaign goals to harnessing the potential of online audiences, this episode offers invaluable insights that promise to elevate your digital strategies to new heights. Chapters:00:00:00 - Introduction to Perpetual Traffic Nuggets!00:05:08 - Episode 307: 3 Steps To Finding The Perfect Audience For Your Ads00:10:06 - Episode 251: The 2 Essential Elements To Ultra High-Converting Video Ads00:14:50 - Episode 333: Training Your Brain And Scaling Your Business With John Assaraf00:22:59 - Episode 511: The 5 Step System To Lowering Your Cost Per Lead 40% Using AI00:26:41 - Closing Remarks!LINKS AND RESOURCES:Perpetual Traffic on YouTubeTiereleven.comSolutions 8 Perpetual Traffic SurveyPerpetual Traffic WebsiteFollow Perpetual Traffic on TwitterConnect with Kasim on Twitter and Connect with Ralph on LinkedInThanks so much for joining us this week. Want to subscribe to Perpetual Traffic? Have some feedback you'd like to share? Connect with us on iTunes and leave us a review!Mentioned in this episode:Tier 11 CaAMP Schedule a Call
Interview with Patrick Donnelley, President & CEO of E79 Resources Corp.Our previous interview: https://www.cruxinvestor.com/posts/e79-resources-esnr-finding-high-grade-gold-in-australia-2603Recording date: 13th September 2023E79 Resources Corp. is a mineral exploration company focused on discovering Fosterville-style high-grade gold mineralization at its Beaufort and Myrtleford properties in the Victorian Goldfields of Australia. The company is also evaluating new opportunities across various commodities and jurisdictions to expand its project portfolio into metals such as copper, nickel, cobalt, and lithium. With a strong cash position of CDN$4.5 million, E79 Resources is well-funded to pursue accretive transactions and advance exploration on new projects. Under the leadership of President & CEO Patrick Donnelly, the company aims to leverage its technical expertise to unlock value from drill-ready mining assets with exceptional mineral potential.—View E79 Resources' Company Profile: https://www.cruxinvestor.com/companies/e79-resourcesSign up for Crux Investor: https://cruxinvestor.com
Interview with David Cole, President & CEO of EMX Royalty Corp.Our previous interview: https://www.cruxinvestor.com/posts/emx-royalty-emx-talking-revenue-guidance-franco-nevada-focus-2004Recording date: 13th September 2023EMX Royalty Corp. (TSX-V, NYSE, Frankfurt: 6E9) generates royalty income, exploration upside, and strategic equity positions by identifying overlooked and underexplored mining assets. As a royalty company, EMX provides investors with exposure to the upside potential of precious, base, and battery metal discoveries while limiting typical mining risks. EMX advances projects through early-stage exploration and acquisition of royalty interests, while strategically retaining equity stakes in select projects. With a portfolio spanning North America, Turkey, Europe and Australia, EMX delivers discovery, development, and commodity price optionality to shareholders. —View EMX Royaltys' Company Profile: https://www.cruxinvestor.com/companies/emx-royaltySign up for Crux Investor: https://cruxinvestor.com
Interview with Jamie Levy, President & CEO of Generation Mining LtdOur previous interview: https://www.cruxinvestor.com/posts/generation-mining-genm-talks-20m-draw-down-future-equity-needs-2642Recording date: 13th September 2023Generation Mining is on the cusp of transitioning its Marathon palladium-copper project in Ontario, Canada from development to construction. With major milestones upcoming over the next 6-12 months, Generation Mining represents an appealing investment opportunity with near-term re-rating potential.The Marathon deposit contains a global-scale palladium resource, with reserves of over 7 million ounces palladium and 1.1 million ounces platinum. At full production, it is expected to produce 120,000 oz palladium and 30 million lbs copper per year over a 13-year mine life.Importantly, Marathon is projected to be a low-cost producer, with all-in sustaining costs of just $814/oz palladium equivalent. This provides resilience even if palladium prices retreat from current levels near $1,300/oz.Generation Mining has made great strides to de-risk execution risk and minimize capital requirements. $640 million of project financing is already in place, including a palladium stream and debt facility. The company has also completed extensive geotechnical drilling and engineering work.With these accomplishments, Marathon is on a clear fast-track to production. Major catalysts over the next 6-12 months include:- Finalizing remaining permits- Securing additional funding- Awarding the lead construction contract- Starting early infrastructure construction works- Making a full construction decision- Achieving these milestones would significantly upgrade Marathon's investment case. The start of on-site construction activities in particular would be a major re-rating event.The company estimates it needs another $200-300 million to fully fund construction. While challenging markets have delayed the raising of this equity financing, the funding gap is manageable given Marathon's scale.Marathon's robust economics indicate the potential for strong upside at the current share price around CAD$0.80. At base case assumptions, the after-tax NPV is $1.07 billion. The IRR is an impressive 30%.Further, these economics are based on a palladium price of just US$1,725/oz – nearly $500/oz below the current spot price. There is substantial leverage to any strengthening of palladium prices back towards 2022 highs above $3,000/oz.Beyond the flagship Marathon project, Generation Mining's property package covers a massive 80-km mineralized palladium-copper belt. This points to potential for mine life extensions or future discoveries that could further improve value.With construction in sight, Generation Mining offers investors an intriguing opportunity to position for substantial near-term growth. The experienced management team is strongly aligned with shareholders to rapidly advance Marathon and realize its full potential.For investors seeking leveraged palladium exposure combined with near-term value catalysts, Generation Mining ticks all the boxes. The current valuation continues to provide an attractive discount ahead of pivotal project milestones expected over the coming months.—View Generation Mining's Company Profile: https://www.cruxinvestor.com/companies/generation-miningSign up for Crux Investor: https://cruxinvestor.com
Interview with David Kelley, President & CEO of Chakana Copper Corp.Our previous interview: https://www.cruxinvestor.com/posts/chakana-copper-tsxvperu-permit-approval-for-high-grade-drilling-3284Recording date: 13th September 2023Lima, Peru - Chakana Copper Corp. (TSXV:PERU) is rapidly advancing its flagship Soledad project, a high-grade gold-copper-silver discovery located in the prolific Ancash mining province of central Peru. Strategically positioned 35km south of Barrick's Pierina mine, Soledad hosts near surface mineralization amenable to low-cost open pit mining.A maiden resource estimate outlines 109,000 ounces of gold equivalent grading 8.8 g/t AuEq within 650,000 tonnes starting at surface. This initial resource is based on shallow drilling at just seven breccia pipes within a 2km by 1km area, representing only 28% of the targets identified to date. Significant exploration upside remains to substantially expand resources by additional drilling at depth and testing new breccia pipes identified across the property.In 2019 Gold Fields Limited (NYSE:GFI) recognized this potential by investing $12 million into Chakana through a strategic partnership agreement. Gold Fields currently owns a 15% interest in Soledad. Their extensive due diligence validated the potential to delineate a much larger high-grade gold system.Chakana is now fully permitted to drill across the entire breccia pipe field and test additional compelling targets, most notably the Paloma porphyry target. Measuring 2.5km by 1km, Paloma exhibits a strong geophysical and geochemical signature typical of a mineralized porphyry system. The top of this anomaly starts approximately 125m below surface and provides a readily drillable target.A 4,000m drill campaign is planned for early 2023, with nine holes dedicated to testing the core of the Paloma porphyry target. Additional drilling will expand the high-grade resources around known breccia pipes. This drill program is designed to significantly increase resources and test the project's tier-one discovery potential as endorsed by strategic partner Gold Fields.Renewed political stability in Peru is enticing mining investment back to the country following a volatile period since 2020. Major mining companies are now advancing multi-billion dollar projects, including the $5.3 billion Quellaveco copper mine under development by Rio Tinto and First Quantum. This reinforces Peru's status as a premier global copper producer and stable mining jurisdiction.Chakana is currently completing a capital raise to fund its planned 2023 drill program. Strategic partner Gold Fields has signaled their support to follow their investment with additional funding. Drilling is expected to start in early 2023 once financing is secured.The current depressed market environment provides an opportunity for investors to gain exposure ahead of extensive exploration news flow in the coming year. Chakana offers leverage to high-impact drilling in Peru's prolific mineral belts through a tight share structure and promising gold-copper project adjacent to multiple major mines.A significant discovery at the Paloma porphyry target would be transformational for Chakana, transitioning the project to a district-scale opportunity. Prospective investors can position themselves ahead of this potential value-creating event. With drilling slated to start shortly, a clear path to demonstrate the Soledad project's world-class potential is expected over the coming year.—View Chakana Copper's Company Profile: https://www.cruxinvestor.com/companies/chakana-copperSign up for Crux Investor: https://cruxinvestor.com
Interview with Kevin Bullock, President & CEO of Signal Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/signal-gold-sgnl-expands-goldboro-district-through-aggressive-drilling-financing-pursuit-3242Recording date: 13th September 2023Signal Gold Inc. (TSX: SGNL) is focused on advancing exploration and development of its 100% owned Goldboro gold project located in the Canadian province of Nova Scotia. Goldboro hosts a high-grade gold resource amenable to open pit and underground mining, with strong potential for expansion.The Goldboro gold project covers approximately 200 square kilometers in the emerging gold mining district of eastern Nova Scotia. The project is located just 185 kilometers northeast of Halifax, providing easy access to skilled labor, supplies and infrastructure.Nova Scotia is considered a top-tier mining jurisdiction, with a stable political environment and straightforward permitting process. The provincial government is supportive of new mine development, highlighting the benefits for job creation and economic growth.Goldboro hosts an estimated gold resource of 3 million ounces grading approximately 11 g/t. This places it amongst the highest grade undeveloped gold projects in Canada. Over 90% of the resource is in the measured and indicated category.An NI 43-101 compliant feasibility study outlines production of 100,000 ounces per year over a 7 year mine life from the defined reserves. However, Signal Gold sees strong potential to expand well beyond this through additional exploration and mine optimization.Recent exploration drilling by Signal Gold has intersected high-grade mineralization extending hundreds of meters outside the current pit shells. This points to the potential delineation of a third open pit, which could substantially increase the tonnage and annual gold production over the feasibility study life of mine.The deposit also contains an underground inferred resource, which has not yet been incorporated into development plans. Upgrading a portion of this to measured and indicated through additional drilling could allow Signal Gold to add an underground mining component alongside the open pits.Over the past year, Signal Gold has expanded its land position around Goldboro from 20 sq km to over 200 sq km. This has increased the strike length of known mineralization from 3 km to more than 40 km. Further exploration along this trend offers significant potential for new near-surface discoveries.With Goldboro's robust economics and exploration upside, Signal Gold is engaged in discussions with potential strategic partners to advance the project. The aim is to attract the right partner to help optimize the asset while preserving upside potential for shareholders.A joint venture or partial project acquisition could provide capital for further optimization work and construction. This would leave shareholders with exposure to a de-risked project on the path to near-term production in a premier mining jurisdiction.—View Signal Gold's Company Profile: https://www.cruxinvestor.com/companies/signal-goldSign up for Crux Investor: https://cruxinvestor.com
Petrol prices are likely to continue to rise as the global oil price surges to its highest so far this year. Rhayna Bosch speaks with Vivek Dhar, Mining and Energy Commodities Research Director at the Commonwealth Bank for more. Plus SBS Finance Editor Ricardo Gonçalves speaks with Kyle Rodda from Capital.com about the Australian sharemarket which ended the week higher thanks to positive economic data out of China and the US.
In this week's long form we air the panel conversation from the Precious Metals Summit in Beaver Creek. Trevor Hall of MSD chaired the session with Tony Greer of TGMacro and Craig Parry of Inventa Capital. We'd like to thank our sponsors: Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 11 billion pounds of copper and 21 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com. Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona, a tier 1 location. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport via highway i-10, and with grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit www.arizonasonoran.com. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit fireweedmetals.com.
Interview with Segun Lawson, CEO of Thor Explorations Ltd (LSE:THX)Our previous interview: https://www.cruxinvestor.com/posts/thor-explorations-thx-value-all-round-production-exploration-and-income-3005Recording date: 13th September 2023Thor Explorations is an emerging senior gold producer focused on acquiring, exploring, and developing gold projects located in West Africa. With an operating mine generating cash flow in Nigeria, a large-scale development project advancing in Senegal, and early-stage lithium exploration underway in Nigeria, Thor is leveraging its operational expertise and strategic relationships to unlock the vast mineral wealth across the region.Thor's flagship asset is the high-grade Segilola open pit gold mine, located in the prolific Osun Gold Belt in southwestern Nigeria. Having commenced production in 2021, Segilola forms the cornerstone asset in Thor's portfolio, producing 43,000 ounces of gold in the first half of 2022.With mining transitioning into higher grade zones, Thor has revised full year 2022 production guidance to a sustainable 85,000 ounces. The long-term goal is to leverage Segilola's central processing infrastructure to consolidate regional resources, extending mine life beyond the current 12-year outlook.Systematic exploration efforts targeting satellite deposits within trucking distance of the Segilola mill have delivered promising results. Thor is also assessing opportunities to acquire advanced projects from junior explorers to bolster growth.The most significant near-term growth driver is Thor's Douta Gold Project in southeastern Senegal's highly productive Kéniéba Inlier gold belt. With already defined resources of 1.78 million ounces of gold, Douta offers Thor scale potential in a jurisdiction with an established history of gold mining operations.Following a recently completed 15,000-meter drilling campaign aimed at upgrading resources and expanding mineralization, Thor is completing a feasibility study positioning Douta to become its second operating mine. With estimated average annual production above 100,000 ounces, Douta could potentially double Thor's total gold output over the next few years.Leveraging its first-mover advantage and strong government relationships in Nigeria, Thor has also acquired an extensive portfolio of high-grade lithium pegmatite occurrences exhibiting strong continuity in surface outcrops and shallow drilling intercepts.Through a separate corporate entity, Thor has commenced a 5,000-meter maiden drilling program to delineate resources on its core targets. With lithium demand forecast to grow exponentially to support electric vehicle and battery markets, successful exploration could position Thor to capitalize on surging lithium prices.Thor Explorations is led by a board and management team with decades of experience successfully exploring, developing, and operating mines across Africa. Having already built Segilola on time and budget, this seasoned team is focused on delivering value for shareholders by executing on a clear growth strategy for its asset portfolio.Trading at an attractive valuation relative to peers, and with a fully funded plan to substantially grow production, Thor offers investors an opportunity to gain exposure to high-upside gold and lithium assets in mining-friendly African jurisdictions. As Thor systematically unlocks value across its portfolio, shares in the company offer an appealing risk/reward proposition.—View Thor Explorations' Company Profile: https://www.cruxinvestor.com/companies/thor-explorations-ltdSign up for Crux Investor: https://cruxinvestor.com
Ari Sussman of Collective Mining joins the podcast from the Beaver Creek Precious Metals Summit to provide insight into the latest round of drill results form the Apollo target and an update into the direction drilling program.
Interview with Jason Attew, President & CEO of Liberty Gold Corp.Recording date: 13th September 2023Liberty Gold is advancing its flagship Black Pine and Goldstrike projects in Idaho and Utah. With over 7 million ounces of exploration potential, these past-producing, open-pit, heap leach operations offer significant upside.An updated resource estimate outlines 2.6 million ounces of gold in the Indicated category at Black Pine. Ongoing metallurgical testing demonstrates rapid gold leach kinetics, supporting a variety of processing options. Active exploration drilling continues to expand resources at depth and along strike.At Goldstrike, the focus is on de-risking and advancing the project. Upcoming catalysts include an updated resource estimate and potential pre-feasibility study. Additional growth potential exists at the earlier-stage TV Tower project in Turkey.With its proven technical team, high-grade deposits, and location in mining-friendly jurisdictions, Liberty Gold is poised to unlock significant value for shareholders through systematic exploration and development. Key near-term catalysts include ongoing drill results and updated technical studies across its portfolio.View Liberty Gold's Company Profile at: https://www.cruxinvestor.com/companies/liberty-gold
Interview with Hugh Agro, President & CEO of Revival Gold Inc.Recording date: 13th September 2023Revival Gold Inc. is a dynamic gold exploration and development company with a strong focus on growth. The company is actively advancing the Beartrack-Arnett Gold Project, strategically located in the state of Idaho, USA.Beartrack-Arnett stands as Idaho's largest historically productive gold mine. This project boasts an impressive pre-existing infrastructure and has recently undergone a Preliminary Feasibility Study, exploring the potential for resuming open pit heap leach gold production operations.Revival Gold's involvement in reassembling the Beartrack-Arnett land position began in 2017 and has yielded one of the most significant gold discoveries in the United States over the past decade. The mineralized trend at Beartrack stretches for more than five kilometers, remaining open along both strike and depth, while mineralization at Arnett shows promise in all directions.View Revival Gold's Company Profile : https://www.cruxinvestor.com/companies/revival-gold-inc
#bitcoin (14-09-2023) Today we look at what's making the news, how profound it is when you know what a trillion dollars looks like, some awesome tweets... and our video of the day where Billionaires talk so bullish about Bitcoin it makes you KNOW you're in the right place and the right time! MY VIEWS ARE MY OWN AND I MAKE NO PREDICTIONS SO DO YOUR OWN RESEARCH BEFORE INVESTING ANYTHING... & ONLY INVEST WHAT YOU CAN AFFORD TO LOSE! Subscribe to my ‘UK Bitcoiner' Backup Channel: https://www.youtube.com/channel/UC3p4A_VqohTmbm44z4lgokg Get on the Orange Pill App: https://signup.theorangepillapp.com/opa/UKBitcoinMaster Nostr Public key: npub13kgncg54ccmnmvtljvergdvrd7m06zm32j2ayg542kaqayejrv7qg9wp2s UKBitcoinMaster video library: http://www.UKBitcoinMaster.com UKBitcoinMaster Interviews: http://www.BitcoinInterviews.com Mondays Live Show: https://www.youtube.com/watch?v=moTH4NOo58M All UK Bitcoin Master Links: https://linktr.ee/ukbitcoinmaster When taking a consultation The UK Bitcoin Master DOES NOT talk Trading, TA, Mining, or Alt Coins!
Interview with Claudia Tornquist, President & CEO of Kodiak Copper (TSX-V:KDK)Recording date: 12th September 2023Kodiak Copper is a Canadian mineral exploration company focused on copper porphyry projects in Canada and the United States. The company's flagship asset is the MPD copper-gold porphyry project in south-central British Columbia, which shows potential to host a large-scale deposit. MPD has high-grade mineralization within a wide mineralized envelope and several other untested exploration targets.Claudia Tornquist, CEO of Kodiak Copper (TSXV:KDK), discusses the company's large-scale exploration program underway at the MPD copper-gold project in southern British Columbia. Unlike previous years focused solely on the high-grade Gate Zone discovery, Kodiak is now systematically testing multiple targets across the 14 km2 property. The goal is to delineate the next big discovery and build significant scale through a methodical exploration approach.Kodiak has an extensive database of over 50,000 meters of historic, shallow drilling at MPD. The Gate Zone was discovered by drilling deeper below this historic drilling, uncovering high-grade copper-gold mineralization missed near surface. Several large geophysical and geochemical targets have now been identified across the property, presenting an opportunity to replicate this exploration model.Up to 25,000 meters of drilling is planned for 2023, targeting at least 5 zones. Early results at the West Zone returned long intercepts of 500+ meters grading 0.2-0.4% copper equivalent, including high-grade zones. New copper-gold mineralization was discovered at depth, and importantly, mineralized breccia zones were intersected – indicating proximity to a copper-gold source. Assay results will steadily flow through year-end and into early 2024.While additional high-grade discoveries are the ultimate goal, Kodiak is also keen to demonstrate scale potential. Lower grade intercepts of 0.2-0.4% copper equivalent help build critical mass. The project is situated in an established mining region, where comparables like Copper Mountain mine lower grades of ~0.23% copper at large scale. Infrastructure, access and skilled local workforce provide low operating costs that support development of MPD's sizeable resource base.Significant drill results and increasing project scale will aim to attract interest from major mining companies. An intermediate resource target is approximately 10 billion pounds of copper, which requires additional discoveries and resource growth beyond the Gate Zone. Kodiak maintains a strong partnership with Teck Resources, its largest shareholder with 19.9% interest. Teck is supportive of Kodiak's copper-focused exploration strategy in BC.In summary, Kodiak Copper is advancing a systematic, multi-target exploration program to build on its initial high-grade discovery at MPD and outline the project's meaningful scale potential. Assay results from the extensive 2023 drill campaign will act as key catalysts in the year ahead.
Interview with Terry Lynch, CEO of Power Nickel (TSX-V: PNPN)Recording date: 12th September 2023 Power Nickel is a Canadian junior exploration company focused on developing its flagship Nisk nickel project in Quebec into Canada's first carbon-neutral nickel mine.Terry Lynch, CEO of Power Nickel (TSXV:PNPN), discusses the company's high-grade NISK nickel-copper-cobalt project in Quebec. An updated NI 43-101 resource estimate is expected by end of October, which will likely outline 8-10 million tons at 1.5% nickel equivalent. This initial resource from just one mineralized zone should be sufficient to support a commercial mining operation.NISK has an existing historical resource of 3.1 million tons at 1.6% nickel. Power Nickel has now drilled over 177,000 meters and hit nickel grades above 1% in the majority of holes. Highlights include a recent 300 meter step-out hole that intersected 25 meters of massive and semi-massive sulfides. The deposit remains open and Power Nickel is confident in rapidly expanding the resource along identified mineralized trends.The goal is to demonstrate sufficient scale at NISK to achieve a sizable revaluation of the company. Comparable nickel projects are currently valued around $400M for ~15M tons of resources. At 8-10M tons, NISK could potentially support a $150-200M valuation. Power Nickel recently secured a $7.5M investment from materials processor CVMR to complete a feasibility study and refine nickel end-products.In addition to expanding NISK, Power Nickel plans to test several other target areas identified nearby. The potential exists to delineate over 30M tons through systematic exploration of the ultramafic intrusion. Early drilling has also revealed promising platinum group metal intercepts that could provide added value.With high grades, excellent infrastructure and supportive stakeholders, NISK can be an economically robust mine even at lower nickel prices. The project is well positioned to capitalize on the pending supply shortages in the battery metals sector. Advancing the resource estimate and feasibility study over the next 6-9 months will be key catalysts for Power Nickel.