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Interview with Jonathan Egilo, CEO, Axo MetalsOur previous interview: https://www.cruxinvestor.com/posts/axo-metals-tsxvaxo-brownfield-gold-restart-in-mexico-gains-momentum-ahead-of-september-pea-10759Recording date: 28th July 2026Axo Metals Corp. (TSXV:AXO) has removed the largest single risk on its San Antonio gold project's development timeline. On 27 July, Mexico's SEMARNAT approved the project's Environmental Impact Statement (MIA) - the primary permit required to build and operate the mine - roughly six months after Axo filed the application in January. That is well inside the one-year timeline management had originally guided investors to expect, and covers all of San Antonio's deposits (Sapuchi, Golfo de Oro and California) and existing infrastructure in a single approval.One administrative step remains: the Change of Use of Soils (CUS), a tree-clearing authorisation submitted earlier this year and expected to clear by year-end. It only affects mining at the three pits themselves - the project's existing carbon-in-column plant, crusher, stockpiles and camp are already fully permitted, meaning Axo can move toward stockpile reprocessing without waiting on it.With the MIA in hand, management has reallocated its drilling programme. Two of Axo's three active rigs - running a combined 3,000 metres a month - are now testing ground roughly 500 metres outside the current resource boundary, up from a programme previously weighted toward infill. That infill work is itself producing encouraging results: several holes have converted material previously modelled as waste into ore-grade intercepts, including 27.9 metres at 0.43 g/t gold roughly 100 metres from the nearest modelled ore domain.The company is also pushing back its Preliminary Economic Assessment by roughly two months from its original September target. Rather than publish a study anchored to San Antonio's pre-acquisition 2021 resource, management wants to fold in an updated estimate built on a full year of new drilling - meaning the PEA that eventually lands should reflect a materially different resource than the one the company inherited. A dedicated step-out and expansion drilling update is planned for September, separate from ongoing Sapuchi infill news flow, and will include first results from the high-grade El Tigre target, where channel sampling has already returned intercepts including 68.6 metres at 1.11 g/t gold.On capital allocation, Axo's $40 million February financing was earmarked specifically for San Antonio, and management has confirmed it is deliberately deprioritising near-term spending at La Huerta, its copper discovery in Jalisco, in favour of pushing San Antonio toward a construction decision. The company is also beginning to add Mexican open-pit, heap-leach construction personnel ahead of an expected full build phase at Sapuchi next year - a staffing transition modelled on sister company Silver Tiger's own shift from exploration to construction.As of the company's most recent investor materials (June 2026, pre-dating the permit approval), Axo carried roughly C$36.6 million in cash against a C$183.8 million market capitalisation and C$147.5 million enterprise value. For investors, the two nearest-term catalysts are the September drilling update and the revised PEA - both of which should offer the clearest test yet of whether San Antonio's resource is as substantially larger than its current 1.1 million ounces as management believes.Learn more: https://www.cruxinvestor.com/companies/axo-metals-corpSign up for Crux Investor: https://cruxinvestor.com
Interview with Mike Sieb, President & Director of Getchell Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/getchell-gold-csegtch-low-cost-117000-oz-pa-with-105-year-life-of-mine-7731Recording date: 30th July 2026Getchell Gold Corp (CSE:GTCH) released a 2026 Preliminary Economic Assessment on its flagship Fondaway Canyon Gold Project in Nevada, marking the company's advancement toward a prefeasibility study. The PEA, prepared by SLR Consulting, is limited to the open-pit mineral resources in the project's Central Area.The updated 2026 Mineral Resource Estimate shows 999,000 ounces indicated (22.1 million tonnes at 1.40 g/t Au) and 1.812 million ounces inferred (45.6 million tonnes at 1.24 g/t Au) - a 21% global increase over the 2024 estimate, driven by a targeted ten-hole 2025 drill programme. Indicated resources grew 54% and inferred resources grew 8%. Mineralisation remains open for expansion along strike and dip across multiple sections of the roughly four-kilometre-long Fondaway Canyon gold corridor.The PEA contemplates a conventional open-pit mine feeding a 12,000 tonne-per-day mill - up from an earlier 8,000 tpd concept - over an initial 10.1-year mine life, producing 1.52 million ounces of gold (150,000 oz/year average) via a flotation concentrate sold to a third-party refinery. At a base-case gold price of $3,200/oz, which management describes as conservative relative to current spot, the project shows a pre-tax NPV8% of $1,004 million and after-tax NPV8% of $905 million, a pre-tax IRR of 58.8% (53.1% after-tax), and payback of 1.5 years pre-tax (2.0 years after-tax). Total initial capital cost is $265.3 million including a 20% contingency and life-of-mine cash costs are estimated at $1,740/oz.Despite these economics, Getchell's market capitalisation sits at roughly CA$46 million on 202.6 million shares outstanding. President Mike Sieb attributed a significant portion of that gap to an unresolved third-party claims dispute, in which an outside party has challenged Getchell's title to certain claims despite the company's position that its core claims have been valid and in good standing for 70-75 years, making it the senior claim holder. Management declined to discuss case specifics given ongoing litigation.To fund continued drilling and prefeasibility work - which will focus on converting inferred resources to indicated, along with metallurgical, hydrogeological, and geotechnical studies - management pointed to roughly 50.9 million in-the-money warrants (weighted average exercise price $0.19) that could deliver $2.5-10 million over the next 12 months, alongside 20% insider ownership on a partially diluted basis.Near-term catalysts include a Plan of Operations filing with the Bureau of Land Management targeted for year-end 2026, continued drill results, and progress toward a prefeasibility study expected within approximately two years. The company's low relative capital intensity gives it flexibility to either self-fund toward development or entertain a strategic partner.Learn more: https://cruxinvestor.com/companies/getchell-gold-corpSign up for Crux Investor: https://cruxinvestor.com
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review the value proposition that has his attention in 3 more advanced junior gold exploration and development stocks, that have put out compelling news in the recent past and that have key alpha growth catalysts on tap in the medium-term. The companies we discussed in the interview are: Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) - On July 16, 2026 the Company announced that it has received approval from the Bureau of Land Management for the fifth and most extensive modification to its Plan of Operations at its 100% owned 130km2 Atlanta Gold Mine Project in eastern Nevada. The modification approves 78 additional reverse circulation ("RC") drill sites and 404 rotary air blast ("RAB") drill sites, enabling the Company to aggressively follow up on key mineralized targets and test extensions across the property. With approximately C$18.1 million in cash and equivalents, Nevada King remains fully funded to complete its 40,000 metre Phase 4 RC drill program, of which approximately 12,000 metres have been drilled to date. Cabral Gold Inc. (TSXV: CBR) (OTCQX: CBGZF) – On July 9, 2026 the Company provided a construction and commissioning update regarding its Phase 1 gold-in-oxide heap leach project at the Cuiú Cuiú Gold District, Brazil. Construction of the dry circuit for the Phase 1 gold-in-oxide heap leach project is now complete, with total project construction and commissioning now approximately 85% complete, and +90% of project costs committed under contract Mining of gold-in-oxide ore has commenced, with ore being successfully processed by the sizer, agglomerated, and transported by conveyor systems to the heap leach pads Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (WKN: A40QYC) – On June 19, 2026, the Company announced the filing of a Preliminary Economic Assessment for the Auld Creek Gold Antimony Project located in the Reefton Goldfield on the West Coast of New Zealand. Abraham Whaanga, BSc, MAusIMM (CP) of RSC has reviewed and verified the resource-related information disclosed herein. Gary Davison, FAusIMM, Principal Mining Engineer and Director of Mining One Consultants, has reviewed the mining methods, mining capital and operating costs and is responsible for Economic Analysis. Marius Phillips, NHD Ex Met, MAusIMM (CP), RPEQ and Technical Director of Pitch Black Group is responsible for information relating to plant capital and operating costs, mineral processing and metallurgical testing and recovery methods. Click here to follow Erik's analysis over at The Hedgeless Horseman website * In full disclosure, some companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording. For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Nextech3D.ai (CSE: NTAR) (OTCQB: NEXCF) (FSE: EP2)Nextech3D.ai launched KraftyLab Intelligence, an AI-powered workforce intelligence and employee engagement platform, and has begun an enterprise pilot program with select organizations. The company is targeting a workforce engagement software market projected to reach roughly 4.47 billion dollars by 2034, with commercialization planned for the third quarter of 2026. For investors, it marks an expansion beyond its existing enterprise customer base into a fast-growing software category.Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (FSE: IVV1)Power Metallic reported new Lion zone drill results, including 36.42 metres of 2.83 percent copper-equivalent, with a high-grade core of 6.00 metres at 12.38 percent copper-equivalent. These assays complete the drilling that feeds the company's maiden Mineral Resource Estimate, expected at the end of July, which will underpin a Preliminary Economic Assessment. Shareholders also approved measures positioning the company for a potential U.S. national exchange listing.NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) (FSE: 5E50)NevGold delivered its maiden gold-antimony resource at the Limo Butte project in Nevada, outlining 29,600 tonnes of measured and indicated antimony plus 181,400 ounces of measured and indicated gold and roughly 1.2 million ounces of inferred gold. Management positions it as one of the largest strategic antimony-gold resources in the United States, with both metals starting at surface. A 20,000 metre drill program is underway to expand the resource in 2026.Aztec Minerals Corp. (TSXV: AZT) (OTCQB: AZZTF)Aztec drilled 155.4 metres averaging 1.63 grams per tonne gold-equivalent (1.08 g/t gold and 30.23 g/t silver) at its Tombstone project in Arizona, within a broader 198.1 metre intersection from surface. The results extend the oxide gold-silver zone more than 85 metres deeper, more than doubling the previously demonstrated depth in that part of the Contention area. The near-surface, bulk-tonnage mineralization remains open in all directions.Salazar Resources Limited (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG)Salazar reported a sharply higher after-tax net present value of 573 million dollars for the Curipamba-El Domo project in Ecuador, a 121 percent increase over the 2021 feasibility study, alongside a 45 percent after-tax internal rate of return. Construction is fully funded and first commercial concentrates are expected in mid-2027, with Salazar holding a fully carried 25 percent interest that requires no further development funding. Measured and indicated resources rose 27 percent and reserves grew 10 percent.Bottom Line: Today's headlines span AI-driven workforce software, high-grade polymetallic and gold-silver drilling, a strategic U.S. antimony-gold resource, and a major project economics upgrade, underscoring that small caps are delivering real results across both technology and critical minerals.Stay ahead of the market — follow AGORACOM for more breaking small-cap news and insights.
Interview with Nicholas Holthouse, MD of Mont Royal ResourcesOur previous interview: https://www.cruxinvestor.com/posts/mont-royal-resources-asxmrz-ashram-pea-nears-as-capex-slashed-50-and-fluorspar-upside-emerges-10160Recording date: 8th July 2026Mont Royal Resources Limited (ASX:MRZ, TSXV:MRZL) has used the past month to substantiate its case as a scale rare earths developer positioned to help address Western critical minerals supply gaps. The centrepiece is an updated Preliminary Economic Assessment for the company's 100%-owned Ashram Rare Earths and Fluorspar Project in Nunavik, Québec, released and followed by the formal NI 43-101 Technical Report required under Canadian disclosure rules.The updated PEA confirms Ashram as a 30-year, large-scale development. On a post-tax basis, the project delivers an NPV8 of C$2.03 billion, an IRR of 22.0%, and payback of 3.9 years from the start of production; pre-tax figures are stronger, at C$3.44 billion NPV8 and 25.6% IRR. Life-of-mine revenue is forecast at C$24.6 billion, with EBITDA of C$15.5 billion (a 62.7% margin), driven by average annual production of approximately 17,466 tonnes of saleable rare earth oxide, including roughly 4,035 tonnes of NdPr oxide. Initial capital expenditure is estimated at C$1.23 billion, including a 30% contingency, with the Company also anticipating C$342 million in refundable Clean Technology Manufacturing tax credits.The updated Mineral Resource Estimate totals 204.3Mt (73.2Mt Indicated at 1.89% TREO and 131.1Mt Inferred at 1.91% TREO), with the mine plan drawing on only around 25% of that base over its 30-year life leaving room for future expansion, including the currently excluded BD-Zone. NdPr, the primary magnet metal pairing, represents approximately 21% of the resource's total rare earth oxide content, a distribution that positions Ashram to supply the higher-value end of the rare earth basket into markets forecast to grow at 8-12% annually through 2050.Beyond the economic study, Mont Royal is managing two other active workstreams. First, the company acknowledged an independent, Nation-led initiative from the Naskapi Nation of Kawawachikamach to evaluate potential regional access corridor options, a process Mont Royal says it respects but does not control, running in parallel to its own engagement with Inuit, Naskapi and Innu communities on Ashram-related infrastructure. Second, the company's 75%-owned Northern Lights Minerals project is undergoing a helicopter-supported gold till-sampling survey across the Chateaufort Property, targeting ground directly along strike from Benz Mining's 1,005,000oz Eastmain gold deposit, with preliminary data expected in August 2026 and a full report in Q3.For investors, the key considerations are straightforward. On the positive side: a resource base and NdPr distribution that stack up well against global peers, PEA economics that clear the bar for progression to Pre-Feasibility Study, and access to Canadian government funding support, including the anticipated tax credit allocation. On the risk side: the PEA carries a ±50% accuracy range typical of scoping-level studies, no off-take agreements or committed financing are yet in place against the roughly C$1.23 billion initial capital requirement, and the assumed third-party access-road cost model has not yet been formalised into an infrastructure agreement. Permitting is expected to take several years given the project's location within federally and provincially regulated territory under the James Bay and Northern Québec Agreement.The Company has targeted the second half of 2026 for the start of Pre-Feasibility Study work, alongside continued permitting, environmental baseline studies, and strategic partnership discussions as the next set of milestones to track.View Mont Royal Resources' company profile: https://www.cruxinvestor.com/companies/mont-royal-resources Sign up for Crux Investor: https://cruxinvestor.com
Interview with Keith Boyle, Director & CEO of New Found GoldOur previous interview: https://www.cruxinvestor.com/posts/new-found-gold-tsxvnfg-hammerdown-the-path-to-production-10604Recording date: 23rd June 2026New Found Gold (TSXV:NFG) is advancing through a critical transition period, moving from an exploration-focused company toward one with near-term production cash flow and a fully funded development plan for its flagship Queensway project. Director and CEO Keith Boyle outlined a clear set of operational milestones, regulatory updates, and a funding position that together describe a company actively de-risking its path from discovery to production.The company's Hammerdown project represents the nearest-term catalyst. Boyle confirmed the company expects to declare commercial production in the second half of 2026, targeting steady-state annual output of 20,000 to 25,000 ounces at an all-in sustaining cost of approximately $2,500 per ounce, figures consistent with the project's published Preliminary Economic Assessment. This represents New Found Gold's first source of internally generated cash flow, a meaningful shift for a company that has historically relied on equity markets to fund its activities.Queensway, the company's flagship high-grade project, remains subject to an Environmental Assessment decision that Boyle expects by early July 2026, following a routine two-week extension to the standard 45-day review period. Boyle characterised the extension as a function of higher application volumes at the regulatory body rather than any project-specific concern. Once the EA is approved, the company anticipates progressing to an early works permit, clearing the way for construction activity to accelerate.A central element of the investment case is the operational continuity between Hammerdown and Queensway. By acquiring the Hammerdown mine and the Pine Cove mill through its earlier Corvus acquisition, New Found Gold gained an already-operating production team and processing facility. Boyle explained that this team's experience bringing a 700-ton-per-day mine into production at Hammerdown is now being applied directly to Queensway, which is being developed at a similar scale. Rather than constructing new milling infrastructure, the company is expanding an existing, operating facility, a structural advantage relative to many development-stage peers building from a standing start.Boyle also detailed the company's funding position, confirming a $220 million capital raise dedicated specifically to the Queensway development plan. This leaves the company fully funded for early works currently underway at Pine Cove, including the ordering of long-lead-time equipment, while it awaits regulatory clearance. Boyle noted that acquiring existing infrastructure brought Queensway's production timeline forward by approximately three years compared with developing the project independently, while also reducing reliance on further equity issuance and associated shareholder dilution.Exploration remains an active component of the story alongside development. The company has expanded its 2026 drilling program to 90,000 metres, with 45% allocated to new discoveries and resource growth rather than confirmation drilling. Boyle outlined a longer-term production growth profile targeting more than 100,000 ounces per year in the near-to-medium term, scaling toward approximately 200,000 ounces per year by around 2031 following the planned Queensway expansion.Taken together, New Found Gold presents a defined near-term catalysts, a funded development plan, and continued exploration upside to weigh against standard regulatory and execution risks inherent to development-stage mining equities.View New Found Gold's company profile: https://www.cruxinvestor.com/companies/new-found-goldSign up for Crux Investor: https://cruxinvestor.com
John Miniotis, President and CEO of AbraSilver Resource Corp (TSX: ABRA) (OTCQX: ABBRF), joins me to review the news out June 22nd, announcing the updated project economics in the Definitive Feasibility Study (“DFS) on the Company's wholly owned Diablillos property in Argentina. We look at the multiple value levers the company has to pull on for a rerating to higher once the upcoming Phase 2 economics study incorporates the heap leach or higher throughput rates, in addition to all exploration and resource expansion potential and even just the upside present if rerated higher to peer comparable metrics. In May the company released an updated Mineral Resource Estimate (“MRE”), which demonstrated significant growth across the Project, with Measured & Indicated (“M&I”) resources now totaling 232 million tonnes (“Mt”), containing approximately 248 million ounces (“Moz”) of silver and 2.54 Moz of gold (454 Moz silver-equivalent “AgEq”). For the first time ever, the DFS released this week includes the Project reserves as proven and probable ounces. Increased Proven and Probable Mineral Reserves of 77.9 Mt grading 146 g/t Ag Eq, containing 183 Moz Ag and 1.8 Moz Au (366 Moz AgEq), estimated from an open pit optimized using metal prices of $29.50/oz Ag and $2,800/oz Au. The DFS positions Diablillos as one of the world's premier undeveloped silver-gold projects, based on a stand-alone 9,000 tonnes per day (“tpd”) processing operation that delivers robust economics, high early production levels and low operating costs. DFS Study Highlights: After-tax NPV5% of $3.0 billion (CAD$ 4.2 billion), 41.9% IRR and 1.7-year payback at base-case metal prices. At spot prices1, after-tax NPV5% increases to $4.8 billion (CAD$6.7 billion) with an IRR of 56.5% and payback of 1.4 years. Average annual production of 20 Moz silver equivalent (“AgEq”) during the first five years of full mine production, comprised of 14 Moz Ag and 89 koz Au; Average life-of-mine (“LOM”) annual production of 10 Moz AgEq, comprised of 5.9 Moz Ag and 62 koz Au over a 25-year life of mine (“LOM”). Low All-in Sustaining Cash Costs (“AISC”)2 of $20/oz AgEq over the LOM – positioning Diablillos among the lowest-cost primary silver projects globally. Initial capital expenditures of $722 million (including $98 million contingency) with subsequent sustaining capital of $520 million funded through operating cash flow. Compelling after-tax NPV-to-Capex ratio of 4.2x, highlighting the Project's robust project economics and strong value generation potential. Increased Proven and Probable Mineral Reserves of 77.9 Mt grading 146 g/t Ag Eq, containing 183 Moz Ag and 1.8 Moz Au (366 Moz AgEq), estimated from an open pit optimized using metal prices of $29.50/oz Ag and $2,800/oz Au. First production targeted before year-end 2029, subject to a final investment decision (“FID”) expected in Q2 2027. Multiple opportunities exist to further enhance Project value beyond the DFS, including: A Phase 2 heap leach expansion to process lower grade mineralized material that would provide incremental gold and silver production, with results from a Preliminary Economic Assessment (the “Heap Leach PEA”) expected before the end of June 2026; Potential future plant throughput expansion to increase annual silver and gold production; and Continued exploration success across the broader Diablillos district Enhanced TSF incorporates a downstream waste rock buttress design, to eliminate credible failure risk while reducing haulage costs and dust generation. Grid power connection planned in Year 3, reducing both operating costs and carbon emissions. The Compnay has already received approval of the Environmental Impact Assessment (EIA) {“Declaración de Impacto Ambiental” or “DIA”} from the Government of Salta Province in Argentina, and should have the final permit approved from the Catamarca Province imminently. Click here to visit the AbraSilver website and read over the most recent news releases. If you have any follow up questions for John regarding at AbraSilver, then please email them into me at Shad@kereport.com. In full disclosure, Shad is a shareholder of AbraSilver Resource Corp at the time of this recording and may choose to buy or sell more shares at any time. For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
Mark Ayranto, President and CEO of Silverco Mining Ltd. (TSXV: SICO) (OTCQB: SICOF), joins us for a comprehensive overview of the development work and ramp up into production on tap at their La Negra Mine and then their past-producing Cusi Mine, both located in Mexico. We also discuss the 45,000 meters of drilling that will be split between the 2 projects, and their 3-year growth plan. The La Negra Mine is a currently producing underground silver-lead-zinc-copper mine that was restarted in 2024 and is currently operating at 55% of its 2,500 tonne per day capacity. Mining is completed using room and pillar and long hole methods and the processing plant employs a standard crushing, grinding, flotation, and filtration circuit producing lead-silver, copper-silver, and zinc concentrates. The project is located along the Sierra Gorda Belt within a land package that has seen limited exploration over the last two decades. The Company plans to conduct 15,000-20,000 meters of drilling across the project to grow resources and expand the production profile. The Cusi Property includes a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City and a 1,200 tonne per day mill with tailings capacity approximately 40 kilometres from the mine. The project boasts excellent infrastructure, including paved highway access and connection to the national power grid. Cusi lies within the prolific Sierra Madre Occidental gold-silver belt and hosts multiple historical silver-gold-lead-zinc producing mines and several significant exploration targets. A recent Preliminary Economic Assessment outlined compelling economics for a restart that is targeted to begin in H2 2026. The Company plans to conduct 30,000 meters of drilling across the project and new land concessions to grow resources and expand the production profile. If you have any follow up questions for Mark regarding Silverco Mining, then please email those in to us at Fleck@kereport.com or Shad@kereport.com. In full disclosure, Shad is a shareholder of Silverco Mining at the time of this recording and may choose to buy or sell shares in the market at any time. Click here to follow the latest news from Silverco Mining For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
David D'Onofrio, CEO and Director of White Gold Corp. (TSX.V: WGO) (OTCQX: WHGOF) (FRA: 29W) joins me for comprehensive overview of its 3 million ounces of gold across 4 near-surface deposits, and the commencement of its fully-funded 2026 exploration program. This will be their largest ever drill program, consisting of 20,000 meters across its district-scale land package in the emerging White Gold District in Yukon, Canada. We also discuss the upcoming value drivers of a Preliminary Economic Assessment in a few months, as well as the spin-out of their critical minerals properties into W2 Critical Minerals Corp. We start off with the backstory and journey of how their 21 properties were assembled under Shawn Ryan's geological prowess, searching for the source of all the placer gold in the Yukon. The company has drilled around 90,000 meters to date, delineating over 3 million ounces of gold in 4 main resource areas comprised of the Golden Saddle, Arc, Ryan's Surprise, and VG deposits. The primary objectives of this year's drill program with will be resource growth and expansion testing areas adjacent and in close proximity to the Company's known four gold deposits, both along strike and down-dip. In addition to resource growth, a portion of the exploration program will be focused on further advancing discovery-stage targets, as well as towards evaluating high priority early-stage prospects for discovery potential. The program is fully funded and supported by their strategic partners including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Power One. The Company is also continuing to advance its maiden Preliminary Economic Assessment (PEA), on the White Gold Project, which is expected to be released in the next few months. Additionally, things are moving forward with the spin-out of its critical mineral properties into a dedicated standalone vehicle, We also discuss the upcoming value drivers of a Preliminary Economic Assessment in a few months, as well as the spin-out of their critical minerals properties into W2 Critical Minerals Corp., which current White Gold shareholders will get shares in. David shares the background of a few team members and technical advisors, as well as his background as an executive with the PowerOne Group; where he developed a depth of knowledge in representing, advising, and assisting emerging companies in accessing capital, advising on mergers and acquisitions and managing their businesses. If you have any follow up questions for David regarding White Gold, then please email those to me at Shad@kereport.com. Click here to follow the latest news from White Gold Corp For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
TSX Venture Exchange Small Cap Breaking News - June 1, 2026Metals Creek Resources Corp. (TSX Venture Exchange: MEK | OTC Pink Sheets: MCREF | Frankfurt Stock Exchange: M1C1) today announced a significant expansion of its land position in Newfoundland, more than doubling its hydrogen-helium acreage at the Smoking Gun and Parsons Pond projects in partnership with Benton Resources. Soil gas sampling has confirmed helium concentrations as high as 8,900 parts per billion, underscoring the exploration potential of the region as global helium demand continues to rise. The expanded land package positions Metals Creek as one of the most active helium explorers on Canada's East Coast.Brixton Metals Corporation (TSX Venture Exchange: BBB | OTCQX: BBBXF) reported exceptional drill results from its Langis silver project in Ontario, intersecting 2.3 metres of 1,811 grams per tonne silver within a broader intercept of 27.7 metres averaging 166.45 grams per tonne silver. These grades place Langis among the highest-grade silver discoveries currently being explored in Canada, confirming significant near-term resource potential. Brixton's ongoing program continues to delineate the extent and continuity of the high-grade silver mineralization.Omai Gold Mines Corp. (TSX Venture Exchange: OMG | OTCQB: OMGGF) announced drill results from its Wenot deposit in Guyana, returning 8.54 grams per tonne gold over 20.6 metres, a strong intercept that continues to build the resource base at one of South America's most advanced gold exploration projects. The company expects to release a Preliminary Economic Assessment within six to eight weeks, a milestone that could meaningfully re-rate the stock as investors gain visibility into the project's economic potential. Omai's results reinforce Wenot as a potential large-scale gold development asset in a mining-friendly jurisdiction.Valhalla Metals Inc. (TSX Venture Exchange: VMXX | OTCQB: VMXXF) has completed the acquisition of the Smucker copper-gold-silver-zinc project in Alaska from Teck Resources, bringing a well-documented polymetallic asset into its portfolio. The transaction was accompanied by a $15 million private placement, with Teck contributing $1.75 million and Marubeni Corporation contributing approximately $1.7 million, making both global resource majors strategic shareholders in Valhalla. Teck's stake in the company now stands at 31.4%, providing Valhalla with institutional credibility and technical support as it advances the Smucker project toward development.Edge Total Intelligence Inc. (TSX Venture Exchange: CTRL | OTCQB: UNFYF | Frankfurt Stock Exchange: Q5I) reported first quarter 2026 revenue of $1.69 million, representing a 121% increase year-over-year and a 211% increase sequentially, driven by the integration of newly acquired defense and aviation intelligence assets. The company also announced $2.82 million in contracts with Austal USA, a major defense shipbuilder, reflecting growing institutional demand for Edge's digital twin and data intelligence solutions in the maritime sector. These results mark a significant inflection point for Edge as it transitions from an early-stage technology company to a revenue-generating defense technology platform.AGORACOM has been connecting investors with Canada's most promising small cap companies since 2000. For more information on today's companies and to join the conversation, visit AGORACOM.com.
Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1)Power Metallic is expanding its summer 2026 exploration program at the Nisk Project in Quebec with three advanced geophysical surveys — SQUIDs, gravity, and Ambient Noise Tomography — designed to pinpoint deeper Ni-Cu-PGE mineralization. These surveys run alongside a 30,000-metre diamond drill program already being mobilized for Q2 and Q3 2026. Investors in the critical metals space should take note as the company systematically targets extensions to the high-grade Lion Zone and new discoveries across the enlarged land package.Minaurum Silver Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M0)Minaurum has reported high-grade drill results from the Europa Sur Vein Zone at the Alamos Silver Project in Sonora, Mexico, highlighted by 3.20 metres of 882 g/t silver equivalent including a peak of 2,423 g/t AgEq over 0.95 metres. Elevated gold and copper values suggest the presence of a high-temperature feeder structure, substantially boosting resource expansion potential within the ongoing 50,000-metre Phase II drill program. Alamos already hosts a 55.4 Moz AgEq inferred resource.Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQX: SITKF)Sitka Gold's first 2026 drill hole at the Blackjack deposit returned 94.0 metres of 1.79 g/t gold including 19.3 metres of 5.04 g/t gold from 1,093 metres depth — the deepest hole ever completed at the RC Gold Project in Yukon. The result extends high-grade gold approximately 370 metres below the existing resource pit and confirms strong continuity with last year's deep discovery. With four rigs active on a fully funded 60,000-metre program, the company is rapidly advancing a district-scale gold system hosting over 5.1 million ounces across indicated and inferred resources.CopAur Minerals Inc. (TSXV: CPAU)CopAur released a Preliminary Economic Assessment and a 52% increase in Mineral Resource Estimate for its Kinsley Mountain Gold Project in Nevada, now totaling 742,000 indicated ounces at 1.11 g/t gold. At the current spot gold price of US$4,500/oz, the project delivers a post-tax NPV of US$147 million and an IRR of 66% with a 1.5-year payback on pre-production CAPEX of US$81.8 million. For a small-cap company with a modest market capitalization, owning 100% of a permitted Nevada heap-leach gold project with these economics represents a potentially significant value proposition.Bottom Line: Today's stories highlight a sector in full motion — high-grade silver and gold drilling campaigns advancing in Mexico and the Yukon, paired with a Nevada gold project delivering compelling PEA economics. Critical metals exploration and near-term gold production potential are the dominant themes.Stay ahead of the market — follow AGORACOM for more breaking small-cap news and insights.
Interview with Graham Downs, President & CEO, Cascadia MineralsRecording date: 12th May 2026Cascadia Minerals is making significant strides in the central Yukon following its merger with Granite Creek Copper to acquire the Carmacks copper-gold deposit. As major mining companies increasingly seek reliable assets in stable jurisdictions, Cascadia is positioning itself as a prime player with this road-accessible, high-grade project located just 10 kilometers from grid power.Unlike typical broadly disseminated porphyry systems, the Carmacks deposit features upgraded, structurally controlled zones averaging 50 meters wide at approximately 1.5% copper. The project currently boasts a resource of 651 million pounds of copper and 300,000 ounces of gold at over 1% copper equivalent. Because the deposit comes to the surface with clean granite contacts, future mining operations and wall rock characterization are expected to be notably straightforward.To unlock the project's full potential, Cascadia launched a 15,000 to 20,000-meter drill program for 2026, aiming to double the existing resource to 1.5 billion pounds of copper. Thanks to the site's excellent infrastructure, drilling costs have plummeted to $400 per meter—a stark contrast to the $500,000-plus per hole often required at remote, helicopter-accessed projects. A key focus of this year's program is Zone A, located 11 kilometers north of the main deposit. Historical drilling here revealed exceptional grades, including 22 meters of 2% copper and 2 grams per ton of gold.Agnico Eagle has recognized the project's potential, taking a 14% strategic stake to fund exploration through 2027. This partnership also includes a $12 million earn-in option for Cascadia's grassroots Stikine terrain projects. With this financial backing and a resource that is already mostly in the measured and indicated categories, Cascadia plans to bypass a Preliminary Economic Assessment. Instead, the company will leverage existing baseline environmental work to advance directly to a Pre-Feasibility Study, fast-tracking the timeline for this promising North American copper asset.Learn more: https://www.cruxinvestor.com/companies/atac-resources-ltdSign up for Crux Investor: https://cruxinvestor.com
Power Metallic (TSX.V: PNPN) says it host the world's highest-grade copper and platinum group elements discovery at its Nisk project in Quebec, Canada. The company is backed by prominent mining investors including Robert Friedland, Rob McEwen, and Gina Rinehart. CEO Terry Lynch spoke to Mining Stock Daily. Lynch discussed the Lion Zone's exceptional drill results, outstanding metallurgical recoveries averaging 95% across all metals, plans for a Mineral Resource Estimate in Q3 2026 followed by a Preliminary Economic Assessment, and the company's use of muon tomography technology to hunt for additional high-grade deposits across its rapidly expanding 330-square-kilometer land package.
Interview with Ian Graham, President, Oroco ResourcesRecording date: 11th May 2026Oroco Resources is advancing the Santo Tomás porphyry copper project in northwest Mexico toward a Pre-Feasibility Study (PFS) targeted for Q2 2027, positioning the asset as a capital-efficient development in a supply-constrained copper market.The project's August 2024 Preliminary Economic Assessment outlined robust economics: a $1.48 billion after-tax NPV, internal rates of return exceeding 22%, and initial capital requirements of approximately $1.1 billion based on $4 copper and $1,900 gold assumptions. Operating costs are projected below $1 per pound, with a 2.8-year payback period. Notably, Santo Tomás demonstrates capital intensity of roughly $10,000 per ton of annual copper production—about half the industry average—lowering the barrier for potential acquirers and reducing development risk.The resource base exceeds one billion tons grading over 0.5% copper equivalent. The current technical program focuses on converting inferred resources to the indicated category, particularly in the South Zone, while exploring expansion potential to the southwest. Metallurgical work by Whittle Consulting identified that 70–80% of the resource consists of softer material than originally tested, suggesting opportunities for reduced energy consumption and improved throughput.Strategically, Oroco envisions a district-scale development incorporating the Bahuerachi project to the north and the Vainilla exploration target to the south, potentially enabling shared infrastructure and extended mine life. The company also benefits from rare grassroots political support: community advocacy secured Santo Tomás a place on Plan México, President Claudia Sheinbaum's priority list of 40 large capital investment projects, improving the permitting outlook.With new CEO Charles Cryer—a former analyst who previously covered the project—joining mid-2026 to lead M&A outreach, Oroco aims to achieve transaction-ready status by mid-2027. Institutional investors are backing this Phase 2 restart after the stock's post-2021 correction, betting that Santo Tomás's scalable, low-intensity profile will attract mid-tier and major copper producers seeking growth assets in an electrification-driven market.Learn more: https://www.cruxinvestor.com/companies/oroco-resource-corpSign up for Crux Investor: https://cruxinvestor.com
Every once in a while, a junior mining story reaches the point where investors stop asking whether the discovery is interesting and start asking a much bigger question. How far can this go? Power Metallic Mines has attracted backing from 15 billionaires and leading mining investors, adding another layer of credibility to a story that is now entering a key validation phase. Power Metallic $PNPN / $PNPNF just delivered its second-best Lion Zone intersection to date, with hole PML-26-095 returning 22.00 metres of 11.46% CuEqRec, including 6.50 metres of 18.59% CuEqRec. CEO Terry Lynch is now pointing investors to the Foran Mining playbook. Foran is the Canadian mining company Eldorado Gold agreed to acquire for $3.6 billion. The point is not that Power Metallic is Foran today. The point is the pathway. Resource estimate. Metallurgy. Economic study. Strategic recognition. Development planning. Power Metallic controls the broader Nisk Project Area, which includes the Nisk, Lion and Tiger zones. Management has said it believes the upcoming Q3 2026 Mineral Resource Estimate could come close to Foran's contained-metal range, although the final number remains subject to completion of the estimate. WHAT YOU NEED TO KNOW Mineral Resource Estimate Targeted For Q3 2026: Power Metallic says recent Lion Zone infill drilling will be incorporated into future mineral resource estimates, with a 2026 Mineral Resource Estimate expected in Q3. High-Grade Lion Zone Results: Hole PML-26-095 returned 22.00 metres of 11.46% CuEqRec, including 6.50 metres of 18.59% CuEqRec. The company called it the second-best intersection to date at Lion. Potential Open-Pit Development: The company says recent holes highlight robust near-surface mineralization and the potential for open-pit development. Any future mine plan or economics remain subject to formal study work. Strong Metallurgical Results: The copper equivalent calculation is based on recovered grades using recent locked-cycle metallurgical recoveries by SGS Canada. Management has also emphasized that these recoveries help address investor concerns around processing a polymetallic deposit. Preliminary Economics: A Preliminary Economic Assessment is targeted for Q4 2026. Management has referenced internal capital cost expectations of approximately $400 million, compared with Foran's reported $800 million to $900 million range, but Power Metallic's figures remain to be confirmed through formal study work.The Bigger Picture: Lynch also highlighted the rarity of orthomagmatic discoveries, saying only a small number have been found globally and that these systems have historically grown meaningfully beyond their initial discovery footprint. The Timing: The upcoming Mineral Resource Estimate is expected to give investors a clearer picture of the scale and grade of the Lion Zone. The planned Preliminary Economic Assessment is expected to provide the first formal look at potential project economics. Together, these two milestones are intended to help move Power Metallic from discovery story to de-risking story. CEO TERRY LYNCH'S MESSAGE Foran earned its valuation by advancing through a disciplined process of technical de-risking. Power Metallic is attempting to follow a similar path, starting with the upcoming Mineral Resource Estimate in Q3 2026 and a Preliminary Economic Assessment targeted for Q4 2026. Lynch believes the Lion Zone has the potential to support favourable economics because of its grade, shallow mineralization and location in Quebec. However, those economics still need to be confirmed through formal study work. INVESTOR TAKEAWAY Foran Mining showed how a high-grade Canadian polymetallic project can move from resource definition to technical de-risking to strategic recognition. Power Metallic is earlier in that process, but management believes the Nisk Project Area has the right ingredients to follow a similar playbook. High-grade results at Lion.
Interview with Elaine Ellingham, President & CEO of Omai Gold Mines Corp.Our previous interview: https://www.cruxinvestor.com/posts/omai-gold-mines-tsxvomg-heavy-newsflow-coming-to-support-updated-pea-in-2026-8622Recording date: 26th April 2026Omai Gold Mines is rapidly advancing an 8-million-ounce gold project in Guyana, positioning itself as a major player in South America's resource sector. The company recently achieved a key milestone by upgrading 480,000 ounces at its Wenot open-pit deposit to the indicated category. This targeted drilling successfully improved the resource grade from 1.46 to 1.59 grams per tonne. To fuel further expansion and fill remaining gaps in the resource model, Omai is currently executing a massive 50,000-meter drill program with five rigs operating continuously.The company's development plan hinges on a dual mining strategy that pairs the expansive Wenot open pit with the nearby Gilt Creek underground deposit, which features a higher average grade of 3.33 grams per tonne. With the resource base now significantly larger, engineering teams are evaluating a robust plant throughput of 15,000 to 20,000 tonnes per day to maximize economics. Omai anticipates releasing a Preliminary Economic Assessment within two to three months, setting the stage for a comprehensive feasibility study within the following year.What sets the Omai project apart is its substantial built-in infrastructure and highly favorable operating environment. As a past-producing mine, the site already has a functional tailings facility and proven historical gold recovery rates of up to 93 percent. Additionally, Guyana's booming offshore oil industry—currently producing 1.2 million barrels daily—is financing massive infrastructure upgrades across the country. The government has already paved the project's main access road, cutting travel time to the capital down to just three hours. Combined with a pro-mining regulatory stance and streamlined permitting, these structural advantages dramatically reduce the typical capital costs and development delays associated with greenfield mining projects.View Omai Gold Mines' company profile: https://www.cruxinvestor.com/companies/omai-gold-minesSign up for Crux Investor: https://cruxinvestor.com
Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:PyroGenesis Inc. (TSX: PYR) (OTCQX: PYRGF) (FSE: 8PY1)PyroGenesis issued a corporate update on its NexGen titanium metal powder strategy, signaling progress in scaling its Additive Manufacturing division. The company is exploring joint ventures across Asia and the Middle East and has reduced operational costs by approximately 20% since March 2025. With titanium classified as a critical mineral and the 3D printing market projected to grow from $214 million to $1.4 billion by 2032, PYR is positioning to capitalize on a transformative industrial trend.Xali Gold Corp. (TSXV: XGC)Xali Gold completed more than 50% of its underground and surface sampling program at the Pico Machay Gold Project in central Peru, with 125 samples submitted for assay. The work supports an NI 43-101 compliant resource estimate targeted for Q3 2026 and a future Preliminary Economic Assessment. With a historical resource of 710,600 ounces of gold and nine untested exploration targets, XGC offers compelling upside.Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) (FSE: 6BP0)Trident Resources delivered standout drill results from the BK3 Zone at the Contact Lake Gold Project in Saskatchewan. Hole CL26036 returned 15.11 g/t Au over 51.83m, including a single assay of 1,055 g/t Au over 0.50m — the best drill result in company history. With approximately $30 million in treasury, 15 additional holes pending, and management comparing the system to Dixie and Eskay Creek, ROCK is emerging as a notable Canadian gold story.Mercado Minerals Ltd. (CSE: MERC) (OTCQB: MRMNF)Mercado Minerals reported strong results from its inaugural drill program at the Copalito Project in Sinaloa, Mexico. Hole COP-26-001 returned 6.50m of 256 g/t silver and 1.46 g/t gold, including 1.20m of 848 g/t silver and 4.83 g/t gold. The results validate continuity of the 5 Senores Vein and underscore meaningful upside as Mercado advances its silver-focused Mexican exploration portfolio.Western Gold Exploration Ltd. (TSXV: WGLD)Western Gold confirmed high-grade gold across its Caledonian Gold Project in Scotland, including a 95.9 g/t Au grab sample with visible gold at the River Vein and 36 g/t Au plus 2,790 g/t Ag at the newly identified Chruitein Vein. With 494 rock-grab samples assayed to date and backpack drilling planned this summer, WGLD is rapidly building out an emerging Scottish gold district.Bottom Line: Today's news highlights a wave of high-grade exploration results and strategic positioning across small-cap miners and tech innovators, from world-class drill intercepts in Saskatchewan, Mexico, and Scotland to titanium powder commercialization in Quebec.Stay ahead of the market — follow AGORACOM for more breaking small-cap news and insights.
Interview with Donovan Pollitt, President of White Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/white-gold-tsxvwgo-25000m-program-targets-resource-growth-in-underexplored-klondike-district-8918Recording date: 24th April 2026White Gold Corp. (TSXV:WGO) is a Yukon-focused gold exploration company carrying one of the region's most significant undeveloped gold resources: approximately 3 million ounces at 1.4 grams per tonne, spread across the Golden Saddle, Arc, and Ryan's Surprise deposits. In 2026, the company is moving on multiple fronts simultaneously: pursuing resource growth through its largest-ever drill programme, preparing to release a Preliminary Economic Assessment, and operating in a district that is materially improving in investor sentiment. New President Donovan Pollitt, who joined after a decade on the buy side with US global investors and prior experience as CEO of Wesdome Gold, is orchestrating this effort with an explicit focus on per-share value accretion and capital discipline.The most immediate near-term catalyst is the PEA, expected before the end of Q2 2026. This will be the first time an independent engineering firm has mapped out project parameters of daily throughput rates, capital expenditure ranges, and production economics for the existing resource. When the company conducted early-2026 institutional marketing in Toronto and New York, the consistent message from investors was that they needed that document before they could act with conviction. The PEA is not the end of the development process; management is explicit that it is a starting point. But it is expected to drive meaningful re-engagement from institutional investors who have been waiting on the sidelines.'Running in parallel is a 20,000-metre drill programme which makes nearly a third of the total historical metres ever drilled on the property. Approximately 70% of that programme targets step-out and extension drilling at known deposits, where the probability of success is better defined. The remaining 25–30% is allocated to untested targets across the company's 300,000-hectare land package. VP Exploration Dylan Langillel, who was instrumental in the Great Bear Resources discovery programme before Kinross acquired that project, is directing the technical work.There is also a lower-profile but potentially meaningful near-term resource opportunity that requires no new drilling at all. Thousands of metres of core from the hanging wall of existing deposits were left unassayed by prior operators who focused solely on the main mineralised zones. Those samples are now being reassayed. In the current gold price environment where open-pit cut-off grades can be as low as 0.3 g/t which are previously disregarded halo material could contribute meaningfully to a resource update expected toward year-end or early 2027.Agnico Eagle sits at 19% of the share register, providing strategic credibility without yet determining the company's trajectory. The company has over C$20 million in cash, has passed on multiple financing opportunities in 2026 to avoid diluting shareholders at a sub-optimal price, and management has purchased stock in the open market. The share price has already moved from approximately C$0.20 in summer 2025 to around C$1.75 but Pollitt's case is that the PEA, drill results, and broader Yukon re-rating thesis provide multiple independent pathways for further value recognition. For investors with appropriate risk appetite, the combination of near-term catalysts and a disciplined management team makes 2026 a materially more information-rich year than any that has preceded it for White Gold.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com
Interview with Philippe Cloutier, President & CEO of Cartier Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/cartier-resources-inc-tsxvecr-continuous-focused-drilling-resource-update-ahead-9429Recording date: 21st April 2026Cartier Resources Inc. occupies a rare piece of real estate in the global gold mining landscape. The Quebec-based junior explorer holds the only remaining significant exploration position on a 50-kilometre stretch of the Cadillac Fault in Abitibi — Canada's most prolific gold-producing structure — flanked on all sides by producing mines owned by majors including Agnico Eagle, Eldorado, and IAMGold.With a market capitalisation of approximately $120 million and $7 million in cash, the company has quietly consolidated 15 kilometres of strike length along the fault, defining 3.2 million ounces of gold across four distinct mineralisation types. That variety of deposit styles is central to CEO Philippe Cloutier's investment thesis: this isn't a single-zone story, but a camp-scale system with multiple potential deposits that together could determine the optimal layout for a future mining operation.The most immediate challenge facing Cartier is the disconnect between its current public economic assessment and reality. Its 2023 Preliminary Economic Assessment modelled a standalone mill at $1,750 per ounce gold — well below today's prices — producing capital cost figures that look punishing by current standards. An updated scoping study is in progress, expected to incorporate recent shallow high-grade discoveries, metallurgical results, and scenarios involving toll milling through neighbouring producers with excess capacity. No release date has been confirmed.Agnico Eagle's major shareholding and the recent board appointment of industry veteran Glenn Mullan signal institutional confidence in the asset. The company is 50% through its current drill program, having already met all initial objectives, with new discoveries prompting a revised approach to the remaining work.Near-term catalysts include updated economics at current gold prices, continued drill results, a planned OTC QB listing to reach U.S. retail investors, and growing M&A interest as senior producers seek permitted, development-ready projects.View Cartier Resources' company profile: https://www.cruxinvestor.com/companies/cartier-resources-incSign up for Crux Investor: https://cruxinvestor.com
Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:PyroGenesis Inc. (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1)PyroGenesis successfully produced high-quality battery-grade graphite from carbon black using a proprietary plasma process, achieving a graphitization level exceeding 96 percent, well above the 90 to 95 percent threshold required for lithium-ion battery anodes. The Company holds a 10 percent royalty on future gross revenues from the client's initial commercial plant and is the exclusive plasma supplier for subsequent plants, positioning PyroGenesis to help address a critical graphite supply chain dominated by China.Maverick Gold and Silver Corp. (CSE: MAV) (FSE: VR61) (OTC Pink: VRCFF)Maverick engaged contractors and will begin an initial work program in May at its Jericho property in Lincoln County, Nevada, featuring systematic rock sampling and detailed mapping across two parallel mineralized trends totalling over six kilometres of strike. The program will leverage a recently acquired historic dataset including detailed 1:5,000 geologic mapping, 70 surface samples, and XRD alteration analysis, targeting high-grade gold and silver in a low sulfidation epithermal system.Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1)Heliostar reported exceptional drill results at its Ana Paula project in Guerrero, Mexico, highlighted by hole AP-25-360 returning 69.15 metres grading 10.09 g/t gold and hole AP-25-359 cutting 43.80 metres at 13.91 g/t gold, including 19.85 metres at 22.51 g/t gold. These broad high-grade intercepts support the conversion of inferred resources to higher-confidence categories ahead of the 2027 Feasibility Study and a targeted 2028 production start.Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: NBLXF) (FSE: INE0)Noble Plains delivered a maiden NI 43-101 mineral resource estimate at its flagship Duck Creek Project in Wyoming's Powder River Basin, with 5.32 million pounds U3O8 Indicated and 1.04 million pounds Inferred, delivered just eight months after closing the acquisition. The resource outperformed the prior Exploration Target by 30 percent on grade and 40 percent on grade-thickness, with roughly 2.75 miles of the 5.25-mile mineralized trend still largely untested and an untested Fort Union Formation offering further upside.NorthWest Copper (TSXV: NWST)NorthWest Copper announced an upsize of its best efforts private placement to approximately $12.0 million with Stifel Canada and Canaccord Genuity serving as agents, reflecting what CEO Paul Olmsted described as strong investor demand. Proceeds will fund an updated Preliminary Economic Assessment at the Kwanika-Stardust project targeted for mid-2026 and planned exploration drilling to upgrade and expand mineral resources, with closing expected on or about May 14, 2026.Bottom Line: Today's headlines highlight a powerful mix of transformative clean-tech milestones, standout high-grade drill results, a maiden uranium resource, and strong capital markets demand underscoring broad momentum across the small-cap mining and materials sectors.Stay ahead of the market — follow AGORACOM for more breaking small-cap news and insights.Connect With AGORACOM Anyway You Like
Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Power Metallic Mines Inc. (TSXV: PNPN) (OTCMKTS: PNPNF)CEO Terry Lynch pointed to drill intercepts exceeding 10% copper equivalent at the Nisk Nickel Sulfide Project in Quebec, with the Lion Zone continuing to grow. A maiden Mineral Resource Estimate is expected this summer, followed by a Preliminary Economic Assessment targeted for Q4. Metallurgical testing shows copper recoveries near 95–99%, and management is evaluating a potential U.S. listing as it advances the project.Aurion Resources Ltd. (TSXV: AU) (OTCQX: AIRRF)Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) has agreed to acquire Aurion in an all-cash transaction valued at approximately C$481 million, offering C$2.60 per share, a 46% premium to the April 17 closing price. The acquisition expands Agnico's footprint in Finland's Central Lapland Greenstone Belt, where Aurion controls roughly 761 square kilometres of ground. Closing is expected in early Q3 2026, subject to approvals.New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC)New Found Gold secured a $205 million financing package to advance its Queensway Gold Project in Newfoundland. The package includes a $100 million bought deal equity financing at $2.96 per share and a $105 million senior secured credit facility at 8.75% fixed for three years. The funding replaces a prior term sheet and supports initial capital expenditures for Phase I development.Revival Gold Inc. (TSXV: RVG) (OTCQX: RVLGF)Initial results from the Joss area at the Beartrack-Arnett Project in Idaho returned 6.4 g/t gold over 19.1 metres, within a broader 5.4 g/t interval over 32.6 metres in a 100-metre step-out hole. Two additional holes have intersected the target structure, with assays pending. The 2026 drill program has been expanded to 4,900 metres with two rigs active, as the high-grade underground target now extends more than 1.2 kilometres along strike and 700 metres vertically.Bottom Line: Today's headlines highlight strong momentum across the small-cap resource sector, from high-grade drill results and strategic acquisitions to fully funded development plans. Exploration, M&A activity, and capital markets support remain front and center.Stay ahead of the market by following AGORACOM for more breaking small-cap news and insights.
Interview with Deepak Varshney, President & CEO of Formation MetalsRecording date: 8th April 2026Formation Metals is a junior gold explorer advancing the N2 project in Quebec's Abitibi greenstone belt, a district historically responsible for over 200 million ounces of gold production. Despite sitting on an 870,000-ounce historical resource, the company currently trades at roughly $10 per ounce — a valuation gap that CEO Deepak Varshney, a geologist with deep capital markets experience, believes will close sharply once a modern resource estimate is delivered.The existing resource was calculated in the 1990s using a $200 gold pit shell and a 0.5 g/t cutoff, making it technically historical and limiting market recognition. Previous operators — including Agnico Eagle, Cyprus Canada, and Minnova — treated N2 as an underground target, drilling for narrow, high-grade veins rather than the wide bulk-tonnage zones Formation Metals is now systematically proving. With gold now trading above $4,500/oz — more than five times the 2008 price when Agnico last drilled the site — the economic case has fundamentally changed.The N2 project spans 8 kilometres of strike across 87 claims (~4,400 hectares) in northwestern Quebec. Formation Metals' drilling has consistently returned wide, shallow intercepts: 42.3 metres at 0.91 g/t starting just 12 metres from surface, and intercepts exceeding 150 metres of continuous mineralisation in some holes. The mineralisation begins as shallow as 9 metres vertical depth with minimal overburden, a rarity in the region. Grades of 1–2 g/t across 30-metre-thick zones are consistent across the A-zone, the primary focus, while a high-grade core delivers up to 4 g/t over 11 metres.The company is executing a fully funded 30,000-metre drill program in 2026, backed by approximately $11 million in working capital. Rather than twinning historical holes drilled by majors, Formation Metals is targeting gaps in the geological model with infill and step-out drilling at 50–100 metre intervals — a capital-efficient approach that validates continuity without redundant work. With 39 holes awaiting assay results, the company expects a steady flow of news through the year.The core 1.5-kilometre A-zone alone is internally modelled to support 1.5–2 million ounces using a lower 0.25 g/t cutoff, with a maiden NI 43-101-compliant resource targeted for Q3/Q4 2026. An additional 3 kilometres of drilled strike and 3 kilometres of untested extension to the west point toward a 3+ million ounce potential across the full property. Toll milling options at Matagami (20 km north) and Casa Berardi (50 km west) provide a low-capital path to production, while proximity to Maple Gold Mines — 20% owned by Agnico Eagle and holding a 3 million ounce resource — positions N2 as a natural acquisition candidate for regional consolidators.The company's roadmap runs from a maiden resource in late 2026 to a Preliminary Economic Assessment in 2028, either as an independent developer or as an acquired asset. With estimated production costs below $2,000/oz at a 4:1 strip ratio against current gold prices, the project's margin profile is compelling. As Varshney put it, the shallow, near-surface nature of N2's gold makes it a genuine anomaly in the Abitibi: "There isn't a lot of gold this shallow available in the area".Sign up for Crux Investor: https://cruxinvestor.com
Garrett Ainsworth from District Metals provides an update on their exploration activities in Sweden, community engagement, and upcoming milestones including the release of their Preliminary Economic Assessment (PEA) for the Viken Deposit. The discussion covers environmental considerations, community relations, market reactions, and strategic plans for the Viken.
Interview with Director & CEO of ValOre MetalsOur previous interview: https://www.cruxinvestor.com/posts/valore-metals-tsxvvo-pge-developer-with-novel-process-exclusive-ip-clear-path-to-pea-9497Recording date: 31st March 2026ValOre Metals is developing the Pedra Branca platinum-palladium project in northeast Brazil and is making a straightforward argument to the market: it is significantly undervalued relative to the small peer group of development-stage PGE companies, and it has a clear plan to close that gap in 2026.The numbers support the premise. Pedra Branca hosts a 2.2 million ounce resource grading 1.08 g/t on a 2P+gold basis. Comparable peers: Stillwater Critical Minerals with its Stillwater West project in Montana, and Generation Mining advancing an Ontario project, carry resource bases of approximately 3 million ounces and trade at market capitalisations of $100–200 million. ValOre sits at approximately $26 million. That is a valuation gap that invites scrutiny, and CEO Nick Smart's explanation for it is credible.The discount reflects two correctable problems. First, the company's prior ownership of uranium assets created market confusion about its identity as a PGE developer. That has been resolved: the Hatchet uranium properties have been sold to Future Fuels, and ValOre is now a single-asset, single-commodity company focused entirely on Pedra Branca. Second, without an economic study on file, investors cannot model the project's returns. That changes with the delivery of a Preliminary Economic Assessment, targeted for 2026 and representing the single most important near-term catalyst for the stock.Smart brings unusual technical credibility to this mandate. His background is in chemical engineering and extractive metallurgy, with 21 years spent at Anglo American in platinum and palladium operations. His focus since joining in October 2024 has been on the metallurgical and engineering programme required to underpin the PEA and early results are positive.Metallurgical test work conducted with the University of Cape Town is delivering palladium and platinum extractions of 73–74% from a hydrometallurgical leaching route designed for Pedra Branca's weathered near-surface ore. These are initial results from shake-flask testing that are expected to improve as the programme scales. An additional finding that UCT's hot caustic pre-treatment can unlock high-grade chromitite-hosted PGEs grading 6.5–8.5 g/t at surface creates optionality for high-grade feed in the early mine-life years, with potentially positive implications for early-year project economics and NPV.The macro environment provides further support. Primary platinum supply has been in structural decline since 2021, falling from over 6 million ounces to a projected 5.12 million in 2026 despite a price that has roughly doubled. With 80% of global PGE production concentrated in South Africa, Zimbabwe, and Russia, the geopolitical case for supply diversification into jurisdictions like Brazil is building. Pedra Branca's near-surface, open-cast profile, existing infrastructure access, and proximity to a deep-water port position it as a potentially low-capital-intensity development relative to peers.For investors willing to act ahead of the PEA, the near-term news flow along with the interim metallurgical updates and early engineering outputs provide a series of checkpoints to monitor ahead of the binary catalyst. The valuation gap is large, the path to closing it is defined, and the macro tailwinds are in place.View ValOre Metals' company profile: https://www.cruxinvestor.com/companies/valore-metalsSign up for Crux Investor: https://cruxinvestor.com
Andrew Pollard, President and CEO of Blackrock Silver (TSX.V:BRC – OTCQX:BKRRF), joins me to discuss the results of the updated Preliminary Economic Assessment ("PEA") for its 100%-owned Tonopah West Project, located in West-Central Nevada, United States. We also delve into the updated Mineral Resource Estimate (“MRE”) that was prepared by RESPEC in accordance with the CIM Definition Standards and NI 43-101, with an effective date of January 4, 2026. The Tonopah West Project is located in one of the largest historic silver districts in North America, located on private land in Nye and Esmeralda counties, Nevada, United States. Highlights of the Tonopah West PE (Ounces are troy; all tonnes metric) Disciplined Base Case Economics: Secured with a conservative long-term silver ("Ag") price of US$31 per ounce and a gold ("Au") price of US$2,700 per ounce, the Project shows robust, after-tax net present value, discounted at 5% ("NPV5%"), of $437-million, and an after-tax internal rate of return ("IRR") of 28% over an 11.2-year life of mine ("LOM") -- ensuring operational resilience through a wide range of metal price cycles; Exceptional Leverage to upside metal prices: Assessed at the 1-year analyst consensus forecast for gold and silver prices (US$66.90/oz Ag and US$4,554/oz Au), the Project delivers US$1.55B after-tax NPV5%, a 79% IRR, and a 1.4-year payback; Low Initial Capital: Calculated initial capital cost of US$190-million (including US$25-million contingency) with a base case payback period of 3.5 years; Increased Payable Metal: Enhanced mine plan delivers 89.6 million silver equivalent ("AgEq") ounces, which equates to 79.6 million payable AgEq ounces -- a 14% increase in payable silver and 17% increase in payable gold as compared to the previous preliminary economic assessment on Tonopah West,dated effective September 4, 2024 with a US$778-million after-tax LOM cash flow. Excellent Metallurgical Recoveries: Realized average recoveries of 91.6% for silver and 96.3% for gold from a 3-stage crushing circuit and processing plant; Unique location and infrastructure: Located on patented mineral claims (private land) adjacent to the town of Tonopah, Nevada, the Project benefits from its location, unprecedented infrastructure and profits from a stream-lined permitting process with only State and County agencies as stakeholders. The MRE encompasses the spatial areas known as Victor, DPB North, DPB South, Northwest Step Out, and the East Extension areas. The Victor area is approximately 700-metres by 350-metres while the DPB area is 700-metres by 1,100-metres. NW Step Out represents a new extension of the vein zones to west-northwest. The East Extension is an area between the DPB South area and the eastern edge of the property. The spatial areas are not considered to be significantly different geologically but have been separated for logistical purposes in future mining scenarios. Increased Indicated AgEq Ounces: Improved indicated category mineral resource estimate comprising 2.75 million tonnes grading 454 grams per tonne ("g/t") AgEq totaling 40.2 million ounces of AgEq (216.8 g/t Ag and 2.25 g/t Au for 19.2 million ounces of silver and 199,000 ounces of gold respectively) - a 90% increase over the previous mineral resource estimate on Tonopah West dated effective August 25, 2025; Large Resource with Upside Potential: Increased inferred mineral resource with 5.54 million tonnes grading 466 g/t AgEq for 83 million ounces of silver equivalent (188.5 g/t Ag and 2.62 g/t Au totaling 33.6 million ounces of silver and 467,000 ounces of gold) in an inferred mineral resource category. The vein system is open to the east, northwest and at depth; Low-cost Geometry: Used a minimum mining width of three metres (3m), and Long Hole Stoping (cheaper costs) accounts for 88% of the tonnes mined while Cut and Fill mining accounts for 12% of the tonnes; Fully-financed 17,000 metre two-phased expansion drill program commenced in February with up to 800 metre step-outs along strike NW Expansion (10 drillholes): Targeting expansion opportunities along strike of the DPBS North zone to the east and northwest with step-out holes up to 800m along strike planned Eastern Expansion (20 drillholes): The Eastern Expansion Program will follow up on the shallow, high-grade, and thick zones of silver and gold in each of the recognized structures identified in 2025. Click here to follow the latest news from Blackrock Silver For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
Both Regulus Resources and Aldebaran Resources have adopted a shareholder rights plan. Minera Alamos is taking on a US$75 million revolving credit facility. Li-FT Power has commenced its 2026 Environmental Baseline Data Collection Program at the Yellowknife Lithium Project. New Drill results from Onyx Gold and Awale Resoruces. Blackrock Silver has released an updated Preliminary Economic Assessment for its Tonopah West silver-gold project. Seabridge Gold has released updated mineral resource estimates for its KSM Project.This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.comVizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at equinoxgold.com Integra Resources is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
Elaine Ellingham, President and CEO of Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF), joins me for an exploration update, with mineralization expanding upon the updated Resource Estimate of 6.5 million ounces of gold in all categories, from the combined Wenot and Gilt Creek Projects at the Company's 100%-owned Omai Gold Project in Guyana, South America. We also discuss the dual path of the company now, split between exploration, and all the project derisking being factored into development and the upcoming updated economic study. The Omai Property hosts two orogenic gold deposits: the shear-hosted Wenot Deposit and the adjacent intrusive-hosted Gilt Creek Deposit, with a combined updated MRE of: 2,121,000 ounces of gold (Indicated MRE), averaging 2.07 g/t Au in 31.9Mt & 4,382,000 ounces of gold (Inferred MRE), averaging 1.95 g/t Au in 69.6Mt Multiple drills have been turning from the second half of 2025 through present where an additional ~18,000 meters of new drilling was completed at the Omai Gold property, which will then factor into the imminent updated project Resource Estimate. That updated model will then be incorporated into the upcoming Preliminary Economic Assessment (PEA), slated for Q2 of 2026. Multiple zones of gold mineralization were intersected in each of these recent assays from drills holes released February 25th, which will be included in the upcoming Mineral Resource Estimate ("MRE"). Highlights from the recent drill holes include: Hole 25ODD-119W 4.18 g/t Au over 14.6m; including 9.12 g/t Au over 4.1m 2.38 g/t Au over 23.3m; including 3.95 g/t Au over 11.8m 07 g/t Au over 27.4m; including 11.64 g/t Au over 1.1m 73 g/t Au over 17.3m; including 8.61 g/t Au over 5.1m Hole 25ODD-150W3 1.94 g/t Au over 30.3m; including 3.03 g/t Au over 15.9m, and also including 14.35 g/t Au over 2.5m Hole 25ODD-159 1.75 g/t Au over 19.3m, and 14.45 g/t Au over 2.5m The Company is also pleased to announce that next phase of exploration, with a 50,000-metre diamond drill program has commenced. It is designed to further pursue opportunities to expand the overall Omai gold resources, explore certain nearby geophysical anomalies, while continuing the priority work of upgrading the categories from inferred to indicated in the large Wenot resource; which is an important next step. We discussed some of the regional targets of focus at Wenot East, the Camp Zone, BBH, and the Wenot "Handle Target", highlighted through geophysics studies. This updated Preliminary Economic Assessment will be building upon the prior PEA that was released in 2024, which was only on 45% of the mineral inventory focused on the open-pit at Wenot. That prior PEA did not yet include rest of the resources there at Wenot, nor did it include the underground project economics from the Gilt Creek deposit. The updated PEA slated for next quarter will be much more advanced and will factor in the combined economics of the open-pit at Wenot, and the underground at Gilt Creek, representing the value proposition of the total project more accurately. Next we reviewed the results from the very long hole, over 2,000 meters in length, that was drilled through the underground deposit at Gilt Creek over into the area deep under the Wenot deposit. The geological thesis of drill hole # 25ODD–122W held up proving that there are additional deep sheer resources well below the known mineralization at Wenot. This points to the much longer mine life that is inferred, even though there has not yet been extensive drilling at depth, below known Wenot mineralization, prior to that hole proving the geological thesis. Wrapping up we discussed the company valuation compared to peers on a P/NAV basis, recent metallurgical testing, the ongoing permitting process work towards the EIA, and other derisking work on the Project, gathering all the data to be utilized in the upcoming PEA. If you have any questions for Elaine regarding Omai Gold Mines, then please email those to me at Shad@kereport.com. Click here to see the latest news from Omai Gold Mines. For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
Interview with Stephen Twyerould, President & CEO of Gunnison CopperOur previous interview: https://www.cruxinvestor.com/posts/gunnison-copper-tsxmin-nears-copper-production-start-in-september-2025-7847Recording date: 13th March 2026Gunnison Copper has released an updated Preliminary Economic Assessment for its flagship Arizona copper project, demonstrating $2 billion in after-tax net present value and positioning the asset as a prime acquisition target in North America's critical minerals sector. The study shows a 22.7% internal rate of return with $1.5 billion in capital requirements, representing a $700 million improvement in NPV over the company's previous assessment completed just 12 months earlier.The project is designed to produce 80,000 metric tons of copper cathode annually over a 21-year mine life, generating $6-7 billion in cumulative free cash flow. The substantial NPV improvement stems primarily from operational and technical enhancements rather than commodity price assumptions, including the strategic integration of the high-grade Strong & Harris satellite deposit and incorporation of innovative mineral sorting technology.Strong & Harris, located 3 kilometers from the main Gunnison pit, grades 0.8% copper—nearly three times typical Arizona operating grades—and added $190 million to NPV by leveraging shared infrastructure rather than operating as a standalone development. The company has also incorporated an on-site acid plant to eliminate dependency on volatile Mexican imports, contributing an additional $200-250 million to project value while providing competitive advantage.CEO Stephen Twyerould was direct about the company's strategic path forward, stating the firm is "unlikely to build this thing" independently. Instead, management is focused on delivering a fully-permitted Preliminary Feasibility Study with reserves within 18-24 months to maximize shareholder value through a potential transaction. The company benefits from a streamlined state-level permitting process without federal nexus, leveraging existing permits that require only amendment.Currently trading at a $220 million market capitalization—approximately one-third the valuation multiples of comparable Arizona copper developers—Gunnison represents what Twyerould describes as exceptionally rare: a mid-tier scale project approaching fully-permitted status in a tier-one jurisdiction with proven management execution capability.View Gunnison Copper's company profile: https://www.cruxinvestor.com/companies/gunnison-copperSign up for Crux Investor: https://cruxinvestor.com
Interview with Paul Ténière, CEO of Lafleur Minerals Inc.Our previous interview: https://www.cruxinvestor.com/posts/lafleur-minerals-cselflr-from-pea-to-production-a-12-month-gold-timeline-8402Recording date: 10th March 2026Lafleur Minerals (CSE: LFLR) is positioning itself as a near-term gold producer in Quebec's Abitibi-Témiscamingue region, targeting production by the end of 2026 through its Swanson deposit and Beacon Mill. The company's recently released Preliminary Economic Assessment demonstrates robust economics with a $101 million NPV and 65% internal rate of return at a conservative $2,750 per ounce gold price, while maintaining all-in sustaining costs of $1,569 per ounce over a seven-year mine life.The project's accelerated timeline stems from significant existing infrastructure advantages. The Beacon Mill, recently refurbished and currently being recommissioned, has a nameplate capacity of 750 tonnes per day with near-term expansion potential to 1,250 tonnes per day. The Swanson deposit sits on an existing mining lease, substantially reducing permitting timelines that typically plague greenfield projects. With initial capital requirements of approximately $30 million Canadian, the company is evaluating multiple financing pathways including offtake agreements, equity raises, and potential merger scenarios.Lafleur currently reports just over 200,000 ounces in combined indicated and inferred categories, representing a 30% increase from previous estimates. Management targets reaching one million ounces through depth extensions beyond the historical 350-meter drilling limit and advancement of satellite deposits including Bartec and Jolin. The company's drilling programs have identified continued mineralization between 350 and 500 meters depth, consistent with typical Abitibi geology.Beyond standalone production, Lafleur is pursuing a hub-and-spoke model with Beacon serving as a regional processing center. As major producers have shifted focus toward feeding their own mills, third-party processing capacity has tightened across the district. This creates opportunity for mid-tier processors like Lafleur to capture value through custom milling while justifying future mill expansions to 3,000-4,000 tonnes per day. The strategy positions the company as both a producer and regional infrastructure provider in one of Canada's most prolific gold districts.View Lafleur Minerals' company profile: https://www.cruxinvestor.com/companies/lafleur-mineralsSign up for Crux Investor: https://cruxinvestor.com
Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today.Nextech3D.ai (CSE: NTAR) kicked off 2026 with strong momentum, announcing 50 new customer contracts worth approximately $230,000 for its AI-powered event technology platforms Eventdex, Map D, and Krafty Labs. These are all first-time customers and reflect a 73% increase in average deal size year over year, rising from $2,641 in early 2025 to $4,578 in 2026. Management says this growth highlights accelerating adoption of its unified AI event platform across enterprise, education, and government markets, as it continues integrating its technology stack into a scalable event operating system.Banyan Gold (TSXV: BYN) reported additional high-grade drill results from the Airstrip deposit at its AurMac Project in Yukon. Highlights include 6.80 grams per tonne gold over 9.3 metres and 2.99 grams per tonne over 5.7 metres, along with broad intervals such as 0.50 grams per tonne over 102.7 metres. Management says step-out drilling near the conceptual pit shell could support converting previously modeled waste into ore in an upcoming Mineral Resource Estimate update. With over 7.7 million ounces already defined in indicated and inferred resources, Banyan continues to strengthen and refine its large-scale gold system.Spanish Mountain Gold (TSX-V: SPA) delivered standout results from its 2025 Fall Drill Program at its Spanish Mountain Gold Project in British Columbia. One hole intersected 282.50 metres grading 0.70 grams per tonne gold, including 116.80 metres at 1.20 grams per tonne and a high-grade subset of 12.20 metres at 2.46 grams per tonne. Mineralization has now been traced across 530 metres of strike length in the Orca Fault area. The company is advancing toward a potential construction decision in 2027 and continues tightening drill spacing to enhance its open-pit resource model.Nevada Sunrise (TSXV: NEV) confirmed a historical gold intercept at its Griffon Gold Mine Project in Nevada through a 2025 resampling program. The company returned 1.013 grams per tonne gold over 50.2 metres, closely matching 2020 results, and identified key pathfinder elements commonly associated with Carlin-type gold deposits. Management says this new geochemical data will help guide future drill targeting as the company advances permitting for a planned 2026 drill program in the prolific Battle Mountain–Eureka Gold Belt.Power Metallic (TSXV: PNPN) reported what it describes as its best copper intersection to date at the Lion Zone within its Nisk Project in Quebec. Hole PML-26-049 intersected 16.55 metres grading 15.11% copper equivalent recovered, including 10.08% copper, along with gold, silver, palladium, platinum, and nickel. The company is conducting infill and step-out drilling to support a planned 2026 Mineral Resource Estimate and has highlighted strong metallurgical recoveries underpinning its copper-equivalent calculations. Management continues to target a near-term Preliminary Economic Assessment as drilling advances.For more breaking small-cap news, in-depth coverage, and exclusive CEO interviews, follow AGORACOM and subscribe to the AGORACOM podcast to stay ahead of the market.
Interview with Steve Letwin, Chairman of Cassiar GoldOur previous interview: https://www.cruxinvestor.com/posts/cassiar-gold-tsxvgldc-updated-23m-oz-project-fast-tracked-by-existing-infrastructure-8018Recording date: 2nd March 2026Cassiar Gold (TSXV:GLDC) is a pre-production junior gold company with a materially different risk profile to most of its peers at an equivalent stage of development. The project, located in northeastern British Columbia, benefits from over $100 million in pre-existing infrastructure including an operating mill, a camp, a core shack, an active tailings pond, and 170 kilometres of road acquired by the company for approximately $1 million worth of Cassiar shares. That infrastructure advantage has allowed the company to direct capital toward resource development, producing a current mineral resource of approximately 2.5 million ounces across two distinct geological zones.The project's chairman is Steve Letwin, who served as president and CEO of IAMGOLD from 2010 to 2020 and oversaw the development of the Côté Gold mine in Ontario, including securing a $450 million strategic investment from Japan's Sumitomo Corporation. Letwin holds over 7 million shares and has not sold a single one, representing meaningful alignment with retail and institutional investors. He is now applying the same development logic to Cassiar that he used at Côté: build the case, demonstrate the path to cash flow, and bring in a strategic partner with the balance sheet to accelerate development.The near-term strategy centres on Cassiar South, a high-grade narrow-vein system that historically produced at grades of 15–20 g/t. The existing mill is currently being refurbished by an engaged specialist firm, with metallurgical work running in parallel and completion expected within the current quarter. The mill is being optimised for Cassiar South feed at approximately 200 tonnes per day which is a scale Letwin argues generates compelling economics at current gold prices near $5,300 per ounce, with the refurbishment cost characterised as a rounding error relative to projected revenue.A Preliminary Economic Assessment targeting August 2025 will formalise the economics across three project components: Cassiar South high-grade mining, tailings reprocessing, and the longer-dated Cassiar North bulk tonnage open-pit scenario approximately one kilometre from the mill. Together, these represent a staged, self-funding development model in which early cash flow from Cassiar South finances further vein drilling and eventually supports the capital case for Cassiar North reducing ongoing dilution for shareholders.Key de-risking factors already in place include a live operating permit, direct highway access, settled First Nations agreements including a 0.8% NSR impact benefit agreement, a friendly BC jurisdiction, and a 59,000-hectare permitted land package with comprehensive road coverage. These are the same boxes Letwin ticked at Côté before Sumitomo committed capital, and they are the attributes he is now presenting to prospective strategic partners at Cassiar.The principal risks are execution-related: mill refurbishment timeline, metallurgical outcomes, PEA results, and the terms and timing of any strategic deal. Investors should treat the August 2026 PEA as the next material de-risking milestone and monitor the strategic partnership process as the potential step-change catalyst for the company's valuation.View Cassiar Gold's company profile: https://www.cruxinvestor.com/companies/cassiar-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Joseph Ovsenek, President & CEO of P2 Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/p2-gold-tsxvpgld-all-known-questions-answered-february-2026-9351Recording date: 1st March 2026P2 Gold Inc. is entering a milestone-driven phase as it advances its Gabbs Project in Nevada through drilling, feasibility work, and permitting. The company's stated objective is to complete a feasibility study by the end of 2026 and position the project for potential construction in 2027.Gabbs is located in Nevada, one of the most established gold-producing jurisdictions globally. The state offers regulatory predictability, developed infrastructure, and a long history of mine development. For investors, jurisdictional stability remains a central consideration, particularly at a time when permitting delays and regulatory changes have affected projects in other regions.Operationally, 2026 is expected to deliver several key catalysts. The company has expanded its drill program to approximately 25,000–30,000 metres, supporting both infill and step-out objectives. Results to date have been reported as consistent with expectations, and the data will feed into an updated mineral resource estimate anticipated by the end of summer 2026. This updated resource will underpin the feasibility study.The 2025 Preliminary Economic Assessment outlined a 9 million tonne per year operation producing roughly 110,000 ounces of gold and 33 million pounds of copper annually over a 14-year mine life. Management is currently evaluating increasing throughput to 12 million tonnes per year. If supported by resource growth and economic analysis, this could lift annual gold production toward 150,000 ounces, with copper output potentially rising to 45–50 million pounds per year.Permitting is recognized as the project's critical path. The company has filed its Mining Plan of Operations with the U.S. Bureau of Land Management and has initiated baseline environmental studies in advance of final requirements. This proactive approach is intended to reduce schedule risk and align permitting timelines with feasibility completion.From a valuation perspective, P2 Gold's market capitalization of approximately C$225–250 million reflects its status as a mid-stage developer. Successful delivery of a feasibility study, continued de-risking, and measurable permitting progress may support valuation reassessment, particularly given the limited number of advanced-stage development projects of comparable scale in Nevada.Investors evaluating P2 Gold should monitor the delivery of the updated resource estimate, feasibility cost assumptions relative to prevailing gold and copper prices, and permitting progress. As the project transitions from development toward construction readiness, execution against stated milestones will be central to investment performance.Overall, P2 Gold's investment case rests on advancing a scalable Nevada gold-copper project through defined technical and regulatory milestones within a supportive commodity environment.View P2 Gold's company profile: https://www.cruxinvestor.com/companies/p2-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Tara Christie, President & CEO of Banyan Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/banyan-gold-tsxvbyn-76moz-gold-project-advances-toward-2026-pea-8866Recording date: 1st March 2026Banyan Gold Corp. (TSXV:BYN) enters 2026 as one of the more substantive junior gold development stories in Canada's Yukon Territory. With a 7.7-million-ounce gold resource at its AurMac project, a fully funded 40,000-metre drill program underway, and a maiden Preliminary Economic Assessment scheduled for the second half of the year, the company has a clear and near-term catalyst pipeline.The 2025 drill program of approximately 43,000 metres targeted two high-grade zones—Airstrip and Powerline—which are expected to anchor the starter pit economics in the upcoming PEA. Intercepts of 16 metres at 9 g/t and 40 metres at 4 g/t at Airstrip, and multiple 2–3 metre intervals at 16 g/t at Powerline, represent above-average grades relative to the broader deposit. Assay results from the full 2025 campaign remain pending, with a resource update to follow. Step-out drilling has extended the deposit's surface expression by approximately one kilometre in both directions along Airstrip, reinforcing management's view that AurMac is a substantially larger system than legacy models indicated.A separate high-grade silver discovery—18 drill hits across six shallow veins, with grades exceeding 13,000 g/t at depths as shallow as 65 metres—adds a layer of optionality not yet captured in any economic study. The most significant external data point for valuing AurMac is Franco-Nevada's February 2026 acquisition of the project royalty for $52.2 million. The royalty carries a buydown provision reducing it to 1% for $10 million—meaning Franco-Nevada effectively paid approximately $42 million for a 1% net smelter royalty. At Banyan's current market capitalisation, this implies the equity market is ascribing a fraction of the value to the full project that a leading royalty company paid for just one percent of it. That gap is the central valuation argument for the stock.Despite a share price increase of approximately 350% in 2025, Banyan trades at under US$50 per ounce of resource. Yukon development peers trade at US$60 to US$300 per ounce. Christie noted that comparable companies were achieving the US$50/oz valuation at US$1,800 gold—implying the current per-ounce value has not kept pace with the commodity. Three investor misconceptions resolved in October 2025—heap leach versus mill, legacy shareholding overhang, and partial property ownership—had suppressed the stock relative to peers and have now been corrected.Execution risk is reduced by full funding secured in October 2025, an early season start with five drills operating by mid-March, and contracts with senior field personnel signed ahead of competitors. The company is not seeking additional capital and is focused on delivering value from existing resources.The PEA in H2 2026 is the defining event. It will establish the first public economic framework for AurMac and provide the foundation for any subsequent corporate transaction, partnership, or development financing discussion. For investors positioned ahead of that catalyst, the combination of resource scale, jurisdictional quality, external royalty validation, and a measurable per-ounce discount to peers represents a specific and trackable investment case.View Banyan Gold's company profile: https://www.cruxinvestor.com/companies/banyan-gold-incSign up for Crux Investor: https://cruxinvestor.com
Scorpio Gold reported strong new drill results from its 100%-owned Manhattan District in Nevada, extending mineralization along the Zanzibar Trend. Goliath Resources reported numerous high-grade drill intercepts from its 2025 program at the Surebet Discovery in British Columbia's Golden Triangle. Borealis Mining Company released an updated NI 43-101 Preliminary Economic Assessment for its Sandman Gold Project in Nevada, outlining strong standalone economics and capital efficiency. Fortuna Mining Corp. reported a 73 percent increase in the indicated mineral resource at its Diamba Sud Project in Senegal, bringing indicated ounces to roughly 1.25 million gold ounces. Great Pacific Gold Corp. reported a new high-grade vein discovery that expands the southern corridor at its Wild Dog Project in Papua New Guinea. Denison Mines Corp. has received final regulatory approval from the Canadian Nuclear Safety Commission to construct and operate the Phoenix in-situ recovery, or ISR, uranium mine at its Wheeler River project in Saskatchewan's Athabasca Basin.This episode of Mining Stock Daily is brought to you by…REVIVAL GOLD: Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.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. The information presented should not be considered investment advice. Mining stock daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions.
Wheaton Precious Metals announced a major expansion of its silver exposure at Antamina through a new agreement with BHP. Elemental Royalty Corp announced its inaugural dividend policy of US$0.12 per Elemental common share. Lundin Mining released results from its integrated Preliminary Economic Assessment on the Vicuña district. Li-FT Power has commenced drilling at the Yellowknife Lithium Project. New drill result out from Andina Copper. Sierra Madre Gold and Silver provided an update on the progress of the planned two-stage expansion at its La Guitarra silver-gold mine complex.This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.comVizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at equinoxgold.com Integra Resources is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today.Zefiro Methane Corp. (Cboe Canada: ZEFI)Zefiro Methane delivered a strong financial update, reporting over $22 million in revenue for the first six months of fiscal 2026, including $10.1 million in Q2 alone, up 34% year over year.Even more importantly, the company posted its second straight quarter of positive adjusted EBITDA above $1.1 million, signaling improving profitability.Key highlights:Gross profit jumped to $8.1 million for the first half.Net income turned positive at $0.3 million.Debt was reduced and cash increased significantly.Completed a $1.5 million project in Pennsylvania and launched a $5 million expansion in Louisiana.Zefiro operates in methane abatement, helping eliminate harmful greenhouse gas leaks. The latest results show a company transitioning from turnaround mode to measurable financial growth.Camino Minerals (TSXV: COR)Camino reported encouraging drill results from its Los Chapitos copper project in Peru, including:83.5 metres grading 0.94% copperIncluding 7.1 metres at 2.13% copperThese broad and high-grade intercepts strengthen the geological model along the Diva trend corridor and confirm mineralization continues at depth.The project is backed by Japan's Nittetsu Mining, which is earning a 35% interest. With Phase 2 drilling planned, Camino continues to build momentum in a strong copper market driven by electrification and infrastructure demand.Andina Copper (TSXV: ANDC)Andina announced one of the most impressive copper intercepts in recent months from its Cobrasco project in Colombia:620 metres grading 0.45% copperIncluding 146 metres at 0.76% copperThis long intercept supports the presence of a large-scale porphyry copper system. Additional step-out drilling is underway, and a second drill rig is planned.With copper demand rising globally, early signs of scale like this are drawing attention across the sector.Omai Gold Mines (TSXV: OMG)Omai reported strong gold intercepts from its Wenot deposit in Guyana, including:12.34 grams per tonne gold over 17.5 metres3.09 grams per tonne gold over 24.6 metresThese results will feed into an updated Mineral Resource Estimate in Q1 and a revised Preliminary Economic Assessment in Q2.Omai previously produced over 3.7 million ounces historically and is working to expand and upgrade its resource base as gold prices remain resilient.Luca Mining Corp. (TSXV: LUCA)Luca reported a major underground intercept at its producing Campo Morado mine in Mexico:136 metres grading 1.6 g/t gold, 77 g/t silver, 0.9% copper and 1.6% zincIncluding higher-grade sections within that intervalThe discovery extends mineralization immediately next to active workings, meaning potential lower-cost access and longer mine life.Drilling is ongoing, and management is targeting additional near-mine resource expansion across multiple zones.From profitability in environmental services to large-scale copper systems and high-grade gold discoveries, today's updates highlight the diversity and momentum building across the small-cap resource space.Stay ahead of the market. Follow AGORACOM.
In this episode of Mining Stock Daily, host Michael McCrae speaks with CEO Shaun Heinrichs of 1911 Gold (TSX-V: AUMB) about the company's newly-released preliminary economic assessment (PEA) for the True North Gold Project in Manitoba. The study outlines a redevelopment plan built around existing permitted infrastructure with the goal of restarting operations through a relatively low initial capital investment. The PEA contemplates average annual gold production of approximately 58,000 ounces over an estimated 11-year mine life and presents projected economics that management believes support advancement to the next stage of study.During the discussion, the CEO outlines the assumptions behind the PEA, including gold price sensitivity, operating costs, and capital intensity, and explains how the company views the path toward financing and potential construction. The conversation also addresses exploration upside within the broader land package and the risks and uncertainties inherent in moving from a PEA to more advanced engineering studies.
Terry Harbort, President and CEO of Talisker Resources (TSX: TSK) (OTCQX:TSKFF), joins us for an production and exploration update at the Mustang Mine, to outline the development towards Bralorne West, and to review the work going into the upcoming Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) at their 100% owned Bralorne Gold Project in British Columbia. Terry outlined what the ramp-up in production at the Mustang Mine would look like over the next few years; with a goal to get up to 500 tonnes per day (tpd) this year, and clarified the November 10th news announcing the signing of binding terms for an Ore Purchase Agreement with Ocean Partners UK Ltd for up to 1,500 tpd including a US$25 million revolving credit facility for use developing the Project and secure the pathway to ramp up production. The Company has confirmed with Ocean Partners that it will begin shipping gold bearing material here in January 2026, and there are already stockpiles building at the port facility. Initial production at the Mustang mine was sourced mostly from in-vein development from the 1090, 1105 and 1120 levels and but now development and production is progressing into the stopes at the 1060, 1045, and 1035 levels. The mining has been coming from the Alhambra Vein, BK Vein, and BK-9870 Vein, with plans to also begin accessing the Brumbie Vein in the next couple of months. In 2025, a total of 35 underground diamond drill holes for 7,515 metres were completed from three drill bays in the Mustang Mine, and a total of 15 surface diamond drill holes for 5,367 metres were completed from one drill pad at Bralorne West. This work included drill hole UB-2025-016 which intercepted 99.60 g/t Au over 0.50 m within 26.48 g/t Au over 2.00 m on the BK9870 Vein. The underground resource conversion drill program was focused on infill drilling at the Alhambra, BK, and BK-9870 Veins within the Mustang Mine. All 2025 diamond drilling assays have now been received and are being incorporated into the vein model wireframes, which will feed into the upcoming resource estimate and PEA. Talisker has engaged SGS Canada Inc. to complete a National Instrument 43-101 compliant Technical Report incorporating a Mineral Resource Estimate and Preliminary Economic Assessment for the Bralorne Gold Project. The MRE will update the estimate in the Company's current Technical Report (completed in 2023) and incorporate an additional 138 drill holes (representing 31,093m of drill core), as well as the depletion of areas already mined by Talisker at the Mustang Mine in 2025. In addition, Talisker has engaged third-party consultants to complete studies regarding mining, infrastructure, process, capital and operation costs, as well as economic studies. The information from these studies will be provided to SGS for review and incorporation in the PEA. The Technical Report with both the MRE and PEA is expected to be completed during Q2 2026. We review as things continue ramping up, expanding up to 500 tpd later this year, that the plan is then to keep developing over to increase mining from more areas including from Bralorne West to increase operations to 750-1,000 tpd about 2 years out. Then further out the initiative is to put in a second portal into the historic Pioneer mining area to access the Olympus Mine to the southeast of the Mustang Mine, moving throughput up to the eventual target of 1,500 tpd. Additionally, we explore how the process will being upgrading the ore on site utilizing ore-sorting technology by Q3 of this year. This ore-sorting will allow for shipping higher-grade material, with less associated waste, making it even more economical to be shipped to Ocean Partners. If you have any follow up questions for Terry regarding Talisker Resources, then please email me at Shad@kereport.com. In full disclosure, Shad is a shareholder of Talisker Resources at the time of this recording, and may choose to buy or sell shares at any time. Click here to follow the latest news from Talisker Resources For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
Interview with Joseph Ovsenek, President & CEO of Tudor GoldOur previous interview: https://www.cruxinvestor.com/posts/tudor-gold-tsxvtud-developer-eyes-300k-ozyear-production-8936Recording date: 23rd January 2026Tudor Gold Corp. has released an updated mineral resource estimate for its Goldstorm deposit at Treaty Creek in British Columbia's Golden Triangle, reporting 24.9 million ounces of gold equivalent in the indicated category with an additional 4 million ounces inferred. The 15% increase in indicated resources positions the project as a potential tier-one asset as the company accelerates development plans targeting production.President and CEO Joseph Ovsenek emphasized the company's focus on higher-grade mineralization to optimize economics. The resource update includes sensitivity analyses at different net smelter revenue cutoff values. At a $125 per ton NSR cutoff, the deposit contains 5.8 million indicated ounces plus 2.6 million inferred ounces. At the more selective $175 per ton NSR cutoff, resources total 3.4 million indicated ounces and 2.4 million inferred ounces.The grade profile at higher cutoffs becomes particularly attractive. At the $175 per ton NSR cutoff, indicated grade averages 2.33 grams per ton gold while inferred averages 4.02 grams per ton. Combined, this approaches three grams per ton gold equivalent without copper and silver credits.The 15% resource increase came primarily from enhanced modeling techniques employing 5-meter blocks at grade boundaries rather than new drilling. Tudor Gold is pursuing concurrent mine planning and metallurgical studies expected to complete this quarter, targeting a Preliminary Economic Assessment by Q3 2026. The development strategy focuses on underground mining using long-hole stoping methods at 8,000-10,000 tons per day supporting annual production around 300,000 ounces.The company has filed permits for underground ramp development to enable infill drilling and expects approval in 2026. A substantial exploration program budgeting 10,000-15,000 meters will target Perfectstorm, CBS, and Eureka zones with an objective of developing an additional 5 million ounce resource beyond Goldstorm.With gold prices approaching $5,000 per ounce, Tudor Gold reported receiving unsolicited financing approaches, providing capital optionality to advance development on its preferred timeline.View Tudor Gold's company profile: https://www.cruxinvestor.com/companies/tudor-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Mike Garbutt, President & CEO of Clean Air MetalsRecording date: 13th January 2026Clean Air Metals (TSXV:AIR) is advancing one of North America's rare primary platinum assets at a pivotal moment for the metal. The company's Thunder Bay North project in Ontario holds 14.9 million tons of indicated resource with a polymetallic composition including platinum, palladium, copper, nickel, gold, and silver. With an 11-year mine life processing 2,500 tons daily, the project's economics have transformed as metal prices surged.CEO Mike Garbett, who brings 14 years of operational experience from Falconbridge and project development expertise, explained the compelling market dynamics. "Platinum is an interesting case. It is a precious metal, but it has some great industrial use. The bottom line is it's a pretty small market, 6 to 7 million ounces, and there's a growing deficit, nearing a million ounces a year," he noted.The company's Preliminary Economic Assessment showed a post-tax NPV of CAD $219 million at 39% IRR using conservative metal prices. However, with spot prices approximately doubling since the study, Garbett stated they're now "looking at $700 million NPV at 8% discount rate and 100% IRR, just astronomical numbers."Management is pursuing a dual-track strategy for 2026. The primary path involves toll milling, which ships material to existing facilities and keeps upfront capital under CAD $100 million. Simultaneously, the company is evaluating a standalone mill option that could position the site as a regional processing center for northwestern Ontario.Recent exploration success strengthens the investment case. The company intersected 50 meters of mineralization 400 meters down plunge on the Escape deposit, validating targeting methodology across 2.5 kilometers of largely untested strike length. With approximately CAD $1 million in treasury, Clean Air Metals is pursuing strategic partnerships with mid-tier producers for non-dilutive financing while advancing technical studies and exploration permitting toward near-term production.View Clean Air Metals' company profile: https://www.cruxinvestor.com/companies/clean-air-metals-incSign up for Crux Investor: https://cruxinvestor.com
Interview with Joseph Ovsenek, President & CEO of Tudor GoldOur previous interview: https://www.cruxinvestor.com/posts/tudor-gold-tsxvtud-pitch-perfect-december-2025-8839Recording date: 9th January 2026Tudor Gold Corp. (TSXV:TUD) is progressing one of the largest recent gold discoveries through a critical development phase at its Treaty Creek project in British Columbia's Golden Triangle. The company is targeting release of an updated resource estimate by the end of January 2026, focusing on high-grade mineralisation within the existing 21.66 million ounce Gold Storm deposit.President and CEO Joseph Ovsenek outlined an ambitious dual-track strategy for 2026: refining the existing deposit's high-grade component while exploring for additional discoveries along the prospective Sulphurets Thrust Fault. The updated resource estimate targets more than 5 million ounces at grades exceeding 2 grams per ton gold, representing a fundamental shift toward concentration on the richest mineralisation suitable for underground mining.Following the resource update, Tudor plans to release a Preliminary Economic Assessment in Q3 2026, outlining economics for a potential 250,000-300,000 ounce per year operation from a 10,000 ton per day underground mine. "We feel Treaty Creek has the potential to be a 250-300,000 ounce gold producer. That's...for most major gold companies...a tier one asset," Ovsenek stated.A critical enabler of the development strategy involves transitioning to underground exploration. Tudor filed permits in August 2025 for an underground decline, expecting approval in 2026. Underground access would enable year-round drilling at approximately $200-225 per meter—half the cost of surface drilling—while tripling the effective drilling season from four months to twelve months annually.The company raised approximately $26 million in recent financings, with $16 million designated for flow-through exploration targeting 5-10 million additional ounces along underexplored portions of the property. Treaty Creek benefits from advantageous positioning just 40 kilometers from both paved highway and transmission line infrastructure, substantially reducing future development capital requirements compared to more remote Golden Triangle projects.With gold prices sustained above $4,500 per ounce, Tudor Gold's advancement of Treaty Creek positions the project as a potential tier-one asset in a favourable market environment for large-scale, long-life gold operations.View Tudor Gold's company profile: https://www.cruxinvestor.com/companies/tudor-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Dan Noone, CEO of G2 Goldfields Inc.Our previous interview: https://www.cruxinvestor.com/posts/g2-goldfields-tsxgtwo-high-grade-gold-developer-targets-imminent-strategic-exit-7459Recording date: 7th January 2026G2 Goldfields represents a rare opportunity to invest in a first-quartile gold development asset trading at a substantial discount to fair value. The company's initial Preliminary Economic Assessment for the Oko project in Guyana has validated exceptional economics that position it among the highest-quality undeveloped gold deposits globally.The PEA outlines a 14-year mine producing 3.2 million ounces of gold with average annual production of 281,000 ounces. At $3,000 gold, the project delivers net present value of $2.6 billion, 39% internal rate of return, and 2.6-year payback against initial capital expenditure of $664 million. The capital intensity ratio of 3.9 substantially exceeds comparable projects and reflects the compounding advantages of high-grade resources averaging 3.2-3.3 grams per tonne with underground zones exceeding one ounce per tonne.What differentiates successful gold development stories from value traps is the pathway to systematic risk reduction. G2 has identified four key de-risking milestones for 2026: environmental permitting advancement, metallurgical confirmation, resource conversion drilling, and geotechnical studies. The permitting timeline of 24-30 months has been de-risked by neighbouring G Mining's 23-month experience at Oko West, whilst Guyana's improving regulatory framework reflects the country's economic diversification through offshore oil development.The 2026 drilling programme prioritises conversion of inferred resources to indicated category, focusing on early mine life production ounces and the high-grade underground zones that drive project economics. Management estimates approximately 70% of ounces reside in roughly 40% of the rock, highlighting the high-grade nature that makes resource definition particularly valuable.G2 currently trades at approximately 0.5 times net asset value compared to the historical average of 1.0 times NAV for first-quartile assets approaching development. This valuation gap represents quantifiable upside as de-risking milestones are achieved throughout 2026. Historical takeover premiums for first-quartile gold assets have averaged 1.7x NAV, creating additional acquisition potential from mid-tier and major producers seeking high-margin reserve replacement.The investment thesis strengthens considerably when considering current gold price dynamics. At $4,000 gold, project NPV increases to $4.2 billion with 54% IRR and two-year payback. With gold currently trading above $4,500 per ounce, supported by monetary policy uncertainty and geopolitical tensions, the project's economics substantially exceed the conservative base case assumptions.Management credibility is established through CEO Dan Noone's successful delivery of the Aurora mine in 2014 for $258 million, demonstrating capability to execute projects on budget in frontier jurisdictions. The team is augmenting technical capabilities with experienced mining engineers whilst engaging specialised consultants for detailed engineering and permitting work.Near-term catalysts include updated resource estimates and economics by year-end 2026, environmental permitting milestones within 12-15 months, and quarterly drill results. For investors seeking exposure to high-quality gold development with quantifiable valuation upside, proven de-risking pathway, and leverage to strong gold fundamentals, G2 Goldfields offers a compelling risk-reward proposition within the precious metals sector.View G2 Goldfields' company profile: https://www.cruxinvestor.com/companies/g2-goldfieldsSign up for Crux Investor: https://cruxinvestor.com
Elaine Ellingham, President and CEO of Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF), joins me for a special video podcast including a comprehensive exploration update expanding upon the updated Resource Estimate of 6.5 million ounces of gold in all categories, from the combined Wenot and Gilt Creek Projects at the Company's 100%-owned Omai Gold Project in Guyana, South America. The Omai Property hosts two orogenic gold deposits: the shear-hosted Wenot Deposit and the adjacent intrusive-hosted Gilt Creek Deposit, with a combined updated MRE of: 2,121,000 ounces of gold (Indicated MRE), averaging 2.07 g/t Au in 31.9Mt & 4,382,000 ounces of gold (Inferred MRE), averaging 1.95 g/t Au in 69.6Mt Multiple drills have been turning up until this week, with over 79 drill holes that have been completed to date this year, totaling 35,300 meters from the current exploration program at the Omai Gold property. All these coming drill assays released and still waiting on results from the lab will then factor into updated project Resource Estimate that will be incorporated into the upcoming Preliminary Economic Assessment (PEA) in Q2 of 2026. This updated Preliminary Economic Assessment will be building upon the prior PEA that was released in 2024, which was only on 45% of the mineral inventory focused on the open-pit at Wenot. That prior PEA did not yet include rest of the resources there at Wenot, nor did it include the underground project economics Gilt Creek. The updated PEA slated for early next year will be much more advanced and will factor in the combined economics of the open-pit at Wenot, and the underground at Gilt Creek, representing the value proposition of the total project more accurately. Highlights from the recent drill holes include: Hole 25ODD-142 (East Wenot) – 11.07 g/t Au over 14.7m, including 34.31 g/t Au over 4.3m Hole 25ODD-145W (Central Wenot) – 13.54 g/t Au over 13.3m, including 27.82 g/t Au over 6.2m, and including 63.17 g/t Au over 2.2m Next we reviewed the results from the very long hole, over 2,000 meters in length, that was drilled through the underground deposit at Gilt Creek over into the area deep under the Wenot deposit. The geological thesis held up proving that there is also deep sheer resources well below the known mineralization at Wenot. Highlighted higher grade zones from the upper part of hole 25ODD–122w include: 1.06 g/t Au over 708.1 meters (from 364.9) includes: 1.78 g/t Au over 46.2m (from 635.6 downhole), which includes 4.88 g/t Au over 7.0m (from 566.3m) 1.32 g/t Au over 99.2m (from 702.0m), which includes 5.7 g/t Au over 8.0m (from 766.9m) 3.10 g/t Au over 24.0m (from 395.5m) 1.99 g/t Au over 32.0m (from 462.0m) 2.98 g/t Au over 17.8m (from 643.8m) 2.04 g/t Au over 43.2m (from 952.2m) Wrapping up we discussed the company valuation compared to peers on a P/NAV basis, metallurgical testing, permitting process, and other derisking work on the Project, gathering data to be utilized in the upcoming PEA. If you have any questions for Elaine regarding Omai Gold Mines, then please email those to me at Shad@kereport.com. Click here to see the latest news from Omai Gold Mines. For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
Interview with Marcio Fonseca, President & CEO, and Daniel Schieber, VP Corporate Development & Corporate Relations of GR Silver Mining.Our previous interview: https://www.cruxinvestor.com/posts/gr-silver-mining-tsxvgrsl-pitch-perfect-october-2025-8302Recording date: 10th December 2025GR Silver Mining has positioned itself at the forefront of Mexico's silver exploration sector following a transformational 2025 that saw the company secure $17.5 million in financing, bringing total cash to approximately $28 million CAD—the strongest balance sheet in company history. This capital infusion, primarily from institutional investors and experienced Canadian capital markets participants, provides 12-18 months of fully-funded operations to execute an aggressive 2026 exploration program without near-term dilution concerns.The company's San Marcial silver discovery hosts 134 million ounces of silver equivalent resources discovered at industry-leading costs of just 17 cents per ounce, generating approximately five ounces of resources for every dollar invested in drilling. With only 20% of the primary geophysical anomaly tested to date, management plans to more than double historical drilling meterage in 2026, targeting over 36,000 meters with multiple rigs operating simultaneously under a five-year permit covering 46 drill sites. This aggressive approach aims to expand the resource footprint by 600-800 meters along strike while testing parallel zones that could significantly increase the overall resource base.GR Silver's dual-track strategy combines resource growth at San Marcial with pilot plant development at the fully-permitted historic Plomosas mine, creating near-term production optionality while de-risking San Marcial's permitting pathway. The company has identified 21 mining areas at Plomosas requiring no development capital, with existing infrastructure including power, water permits, and tailings facilities that would otherwise represent major capital expenditures and multi-year permitting delays.Toronto analysts indicate in-situ valuations for comparable companies typically range $3-4 per ounce of silver resources, yet GR Silver trades at approximately $1 per in-situ ounce. Located just 40 kilometers from Vizsla Silver's $2.5 billion market cap Panuco project, GR Silver's current valuation is roughly 20 times smaller despite resources one-third the size, suggesting substantial re-rating potential as the company advances toward its first Preliminary Economic Assessment scheduled for 2026 while maintaining top 10 TSX Venture trading status with 6.5-7 million shares daily volume.—View GR Silver Mining's company profile: https://www.cruxinvestor.com/companies/gr-silver-miningSign up for Crux Investor: https://cruxinvestor.com
Interview with Hayden Locke, President & CEO of Marimaca Copper Corp.Our previous interview: https://www.cruxinvestor.com/posts/marimaca-copper-tsxmari-environmental-milestone-clears-path-for-q1-2026-ground-breaking-8471Recording date: 14th November 2025Marimaca Copper is advancing its Pampa Medina project in northern Chile with drill results that significantly exceed expectations and confirm the potential scale of a sedimentary-hosted copper system. The latest intercepts include nearly 50 meters at 2% copper within a broader 160-meter zone grading 1% copper, representing a material extension to the oxide envelope with grades surpassing current resource models.The company's aggressive exploration strategy has delivered impressive results from long-distance stepout drilling. Holes positioned 900 meters south of known mineralization successfully intersected the same sedimentary horizon, encountering zones of 20 to 40 meters at 1.5% copper. According to CEO Hayden Locke, these results were "thicker higher grade zones than we were expecting in that area where we thought it was going to be thinning," prompting continued drilling in multiple directions.Marimaca is executing a 30,000-meter drill program split between aggressive 300-meter-spaced stepouts to define deposit limits and tighter infill drilling to establish grade continuity. The approach reflects confidence that sedimentary-hosted copper systems "tend to be laterally and regionally quite extensive," with early results suggesting mineralization across a basin spanning multiple kilometers.Perhaps most significantly, geological review has prompted a fundamental reassessment of the deposit's development potential. The mineralized sedimentary horizon averages over 200 meters thickness with consistent grades, leading management to reconsider what was previously viewed as an underground-only opportunity. The identification of lower-grade material in halos around high-grade cores suggests potential for large-tonnage open-pit development, fundamentally expanding the project's scale.The oxide resource, originally expected to add 20,000 tons of annual copper production, now appears poised to deliver "significantly more than that" according to Locke. The company is targeting release of a standalone Preliminary Economic Assessment by December 2025, which will provide initial economics for the oxide opportunity while sulfide potential continues to be evaluated through ongoing exploration.View Marimaca Copper's company profile: https://www.cruxinvestor.com/companies/marimaca-copperSign up for Crux Investor: https://cruxinvestor.com
Interview with David D'Onofrio, CEO of White Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/white-gold-corp-wgo-project-generator-finding-gold-in-the-yukon-3263Recording date: 11th November 2025White Gold Corp is developing one of Canada's most compelling gold stories in Yukon's historic Klondike district, where the company controls a massive 300,000-hectare land position - 15 to 30 times larger than typical junior exploration companies. Founded in 2016 by CEO David D'Onofrio, PowerOne Capital, and renowned explorer Shawn Ryan, the company has delineated a substantial 3 million ounce gold resource at its flagship Golden Saddle deposit, representing the highest-grade open-pit resource in the Yukon at 1.4 grams per ton.The project's most significant attribute is an ultra-high-grade core containing 700,000 ounces at 5 grams per ton with exceptional 92% metallurgical recoveries. This high-grade zone, identified through recent structural reinterpretation by Dylan Langille from Great Bear Resources' discovery team, positions the company for robust starter-pit economics with rapid payback potential. A Preliminary Economic Assessment targeted for the first half of 2026 will quantify these advantages and evaluate accelerated development scenarios.White Gold recently closed a $23 million financing that represents a capital inflection point, enabling a 25,000-meter drill program—nearly ten times larger than the company's historical 3,000-meter programs. This expanded budget allows simultaneous pursuit of multiple high-probability targets: extending the ultra-high-grade zone at depth, drilling newly identified parallel footwall zones, and returning to earlier discoveries for systematic expansion. Management considers 4 to 5 million ounces a "reasonable" target, with potential pathways to 7 to 10 million ounces if deposits connect at depth.The company benefits from strategic validation through Agnico Eagle's maintained 19% shareholding and the advancement of the neighboring Coffee project to production, which establishes clear permitting pathways and infrastructure benefits. With the Yukon jurisdiction regaining favor following recent major discoveries and resolution of regional concerns, White Gold offers investors leveraged exposure to rising gold prices in an underexplored Canadian frontier with major company backing and clear development catalysts ahead.Learn more: https://www.cruxinvestor.com/companies/white-gold-corpSign up for Crux Investor: https://cruxinvestor.com
Aldebaran Resources have released the Preliminary Economic Assessment for th eAltar copper-gold project in San Juan, Argentina. Brixton Metals make a new discovery at Thorn. New drill results from New Found Gold. Meridian Mining receive positive administrative news from the local government. Talisker Resources sign new Ore Purchase Agreement. This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.comVizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at equinoxgold.com Integra Resources is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
Matt Manson of Radisson Mining joined us from the Beaver Creek Precious Metals Summit to summarize the latest drill results out of the O'Brien Gold Project. The fifteen holes represent step-outs below the existing geological model, east of the historic O'Brien Gold Mine and are outside the scope of the recently completed Preliminary Economic Assessment.
Koryx Copper has published the results from the Preliminary Economic Assessment for the Haib copper project in southern Namibia. Newcore Gold and Banyan Gold have new drill results out. The BLM have approved Integra's Mine Plan of Operations for DeLamar. American Pacific show encouraging early exploration work in Montana. Freeport has entered the Stage 2 earn-in with Amarc. This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.comVizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at equinoxgold.com Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
Viva Gold published an updated Preliminary Economic Assessment for the Tonopah Gold Project in Nevada last month. CEO Jim Hesketh joins the podcast to provide his editorial comments on the report and breakdown the difference between this report and reports of the project's past. The updated MRE reports measured and indicated (“M”) Mineral Resource containing 504,000 ounces gold (“Au”) at 0.59 grams per tonne (“g/t” Au, 1.8 million ounces silver (“Ag”) 2.05 g/t Ag, and an inferred Mineral Resource of 83,000 ounces Au at 0.37 g/t Au, 402,000 ounces Ag, at 1.81 g/t Ag, all constrained within a pit shell above a 0.15 g/t Au cut-off