Podcasts about Uranium

chemical element with atomic number 92

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Latest podcast episodes about Uranium

Macro Voices
MacroVoices #517 Justin Huhn: Uranium at The Tipping Point

Macro Voices

Play Episode Listen Later Jan 29, 2026 88:11


MacroVoices Erik Townsend & Patrick Ceresna welcome, Justin Huhn. They'll discuss the outlook for nuclear energy generally and for uranium markets in particular https://bit.ly/4rgcNyd     

Wall Street Unplugged - What's Really Moving These Markets
This uranium leader could be Trump's next investment

Wall Street Unplugged - What's Really Moving These Markets

Play Episode Listen Later Jan 28, 2026 59:55


Will Trump take a stake in this uranium stock next? Plus, this commodities bull market is unlike any other… Trump's USA Rare Earth (USAR) stake… The Fed meeting could surprise the market… Starbucks' (SBUX) turnaround… And Boeing's (BA) upside. In this episode: Recapping my trip to VRIC [0:56] This commodities bull market is unlike any other [4:16] What Trump's USA Rare Earth stake means for commodities [12:02] This uranium leader could be Trump's next investment [18:11] Today's Fed meeting could surprise the market [26:23] Starbucks' turnaround story is alive and well [34:17] Boeing is going to $400 per share [39:36] This tech stock has a bright future for the first time in 20 years [45:15] Only a few spots left in our Savvy private placement [53:33] Did you like this episode? Get more Wall Street Unplugged FREE each week in your inbox. Sign up here: https://curzio.me/syn_wsu Find Wall Street Unplugged podcast… --Curzio Research App: https://curzio.me/syn_app --iTunes: https://curzio.me/syn_wsu_i --Stitcher: https://curzio.me/syn_wsu_s --Website: https://curzio.me/syn_wsu_cat Follow Frank… X: https://curzio.me/syn_twt Facebook: https://curzio.me/syn_fb LinkedIn: https://curzio.me/syn_li

CruxCasts
New Found Gold (TSXV:NFG) - Queensway Engineering Development Initiated

CruxCasts

Play Episode Listen Later Jan 27, 2026 12:08


Interview with Keith Boyle, Director & CEO of New Found GoldOur previous interview: https://www.cruxinvestor.com/posts/new-found-gold-tsxvnfg-2025s-strategic-transformation-to-2026-production-8915Recording date: 23rd January 2026New Found Gold Corporation has commenced the execution phase of its flagship Queensway gold project in Newfoundland by awarding the engineering, procurement and construction management contract to WSP Canada. The appointment culminates a competitive selection process involving seven firms and positions the company to achieve first production in late 2027 through an integrated development strategy coordinating engineering, environmental permitting, and project financing.The development plan centres on expanding the acquired Pine Cove mill to 1,400 tonnes per day capacity by converting the facility from flotation to a gravity-CIL circuit and adding a parallel processing train using equipment relocated from the Nugget Pond facility. This approach leverages existing permitted infrastructure obtained through the Maritime Resources acquisition rather than constructing greenfield facilities, reducing both capital requirements and development timeline risk. Pine Cove currently processes 700 tonnes per day from the Hammerdown mine, which is ramping to steady-state production in the first half of 2026 and will generate cash flow during Queensway development.CEO Keith Boyle's selection of an EPCM (Engineering, Procurement, Construction Management) contract structure over traditional EPC reflects management's experience in project delivery and prioritisation of execution certainty over aggressive cost minimisation. The EPCM approach allows collaborative execution with WSP while maintaining owner involvement and flexibility for design optimisation as engineering advances. WSP was selected from five proposals based on relevant mill expansion experience and commenced preliminary work before year-end, establishing early integration with New Found Gold's permitting and financing timelines.The company has structured its path to production around three parallel workstreams coordinated by COO Robert Assabgui. Vice President of Sustainability Jared Saunders is advancing the environmental assessment application through Stantech, targeting submission in Q1 2026. Stantech secured Firefly Metals' environmental approval in 45 days during 2025, providing a relevant precedent for timeline expectations. The environmental assessment process operates independently of WSP's engineering advancement, allowing simultaneous progress without creating schedule dependencies.Meanwhile, Cutfield Freeman is structuring project financing for Queensway development, with management reporting strong interest from potential financing partners. The financing workstream must align with engineering schedules to ensure capital availability for long-lead equipment purchases and construction mobilisation following permit approvals. These represent the next critical milestones following environmental assessment approval.The investment case combines multiple elements: de-risked development through acquired infrastructure, experienced management executing proven development models, near-term catalysts providing sequential de-risking opportunities, Newfoundland's permitting certainty, and management's reported financing confidence. The Hammerdown production ramp provides near-term cash flow while Queensway advances through development, creating a portfolio structure with both production and development components.Investors should monitor environmental assessment approval, financing commitment announcement, and long-lead equipment procurement as key milestones over the next 12-18 months. Each milestone achievement should reduce perceived execution risk and potentially re-rate valuation toward production-stage multiples. The late 2027 production target provides a defined investment horizon for evaluating execution progress, while the current gold price environment above $4,500 per ounce provides economic headroom supporting proper engineering investment without compromising project returns.New Found Gold's disciplined approach to service provider selection and integrated execution framework positions the company to differentiate itself among junior developers through demonstrated execution capability rather than aggressive timelines with minimal professional support.View New Found Gold's company profile: https://www.cruxinvestor.com/companies/new-found-goldSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Tudor Gold (TSXV:TUD) - Resource Update Reveals Tier-One Potential

CruxCasts

Play Episode Listen Later Jan 27, 2026 17:49


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

CruxCasts
Laramide Resources (TSX:LAM) - Kazakhstan Exit Accelerates US Uranium Focus Ahead of 2027 Permitting

CruxCasts

Play Episode Listen Later Jan 26, 2026 39:53


Interview with Marc Henderson, President & CEO of Laramide Resources Ltd.Our previous interview: https://www.cruxinvestor.com/posts/laramide-resources-tsxlam-uranium-giant-preps-triple-continent-play-as-ai-drives-nuclear-boom-7870Recording date: 23rd January 2026Laramide Resources has strategically repositioned its portfolio following Kazakhstan's effective nationalization of uranium exploration through legislation requiring 75-90% state ownership in future joint ventures. After securing substantial land packages and completing initial targeting work, the company was preparing to drill when the government introduced rules that CEO Marc Henderson characterized as making commercial development "unviable." The decision represents a significant shift in Kazakhstan's approach to its strategic uranium assets, despite maintaining western-style mining codes for other minerals.With Kazakhstan no longer viable, Laramide has refocused on its Churchrock in-situ recovery project in New Mexico, which is advancing toward Q2 2027 permitting under the federal FAST-41 process. The project offers compelling economics with operating costs estimated at approximately $30 per pound—positioning it in the lower quartile of the global cost curve—while current uranium prices hover around $85. Churchrock will commence production at 1 million pounds annually with expansion capacity to 3 million pounds, benefiting from Laramide's ownership of processing infrastructure that provides competitive advantages over peers requiring third-party toll milling.Henderson emphasized growing supply-demand imbalances as global uranium demand projects to 400 million pounds by 2040 while Kazakhstan and other major producers face declining reserve profiles. The market has entered its first year of primary deficit, yet utilities have been slow to secure long-term supply contracts. The CEO drew parallels to silver markets, which required years of physical deficits before prices responded materially.The company's Australian Westmoreland project—containing 65 million pounds with potential 5-million-pound annual production—remains politically constrained despite Australia's commitment to nuclear submarine programs. However, Boss Resources' acquisition of approximately 20% of Laramide signals external validation of the asset's strategic value. Henderson noted the low-technical-risk open-pit operation could unlock substantial value if political obstacles resolve.Looking forward, Henderson emphasized the industry's need for horizontal consolidation to create diversified mid-tier producers generating 8-10 million pounds annually, as utilities require supply diversification beyond major producers and junior developers.View Laramide Resources' company profile: https://www.cruxinvestor.com/companies/laramide-resourcesSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Verdera Energy Listing High-Grade USA Focused ISR Projects

CruxCasts

Play Episode Listen Later Jan 26, 2026 13:45


Interview with Janet Lee Sheriff, Director & CEO of Verdera EnergyRecording date: 22nd January 2026Verdera Energy represents a focused opportunity to gain exposure to New Mexico uranium development through the state's largest land holding and most comprehensive data package. The company controls 400 square miles of mineral rights alongside 88 million pounds of historical uranium resources distributed across four in-situ recovery projects, following its strategic spin-out from production-oriented enCore Energy.New Mexico's uranium credentials provide compelling jurisdictional context. The state accounts for 40% of all uranium produced in the United States and hosts the only commercial enrichment facility in the country, creating existing nuclear fuel cycle infrastructure. As CEO Janet Lee Sheriff noted, New Mexico could be known as the seventh largest uranium producing district in the world.The $20 million qualifying transaction led by Haywood and SCP Resource Finance at $1.00 per subscription receipt provides substantial working capital relative to typical exploration-stage uranium developers. This financing positions Verdera to simultaneously advance multiple projects rather than pursuing sequential, capital-constrained development. TSXV listing under symbol "V" is expected within weeks following completion of the reverse takeover with POCML7.Verdera's project portfolio spans various advancement stages, anchored by the Crownpoint-Hosta project's NI 43-101 compliant resource of approximately 28 million pounds. West Largo stands out as the highest-grade ISR project in the United States at 0.3% U₃O₈—substantially exceeding typical ISR deposits operating at 0.05-0.15% grades—with approximately 20 million pounds of historical resources. This exceptional grade potentially offers superior project economics through reduced processing volumes and lower operating costs per pound recovered.The company's control of approximately 90% of all uranium exploration data in New Mexico creates strategic competitive advantages unavailable to potential competitors. This data consolidation, comprising the majority of URI and Kerr McGee databases, de-risks exploration across existing landholdings whilst enabling identification of additional acquisition or joint venture opportunities using proprietary information.EnCore Energy's retained 14% stake creates alignment whilst providing access to production-focused technical expertise developed through Texas ISR operations. This partnership proves particularly relevant for Ambrosia Lake, where enCore brings knowledge of satellite central processing plant configurations that could reduce infrastructure requirements.The investment thesis extends beyond individual project merits to encompass broader domestic supply security dynamics. Despite operating the world's largest commercial reactor fleet with 94 operating units generating approximately 20% of domestic electricity, the United States produces less than 5% of required uranium. The Prohibiting Russian Uranium Imports Act signed in 2024 eliminates a source that previously supplied approximately 20% of US reactor requirements, intensifying focus on domestic production.Four New Mexico uranium projects now participate in the FAST-41 permitting programme designed to streamline federal permitting for infrastructure projects of national significance. Combined with state-level engagement through the Clean Energy Association of New Mexico, the regulatory environment shows signs of improvement as domestic supply chain priorities intensify.First-year priorities focus on modernising West Largo's historical resource to current NI 43-101 standards whilst executing drill programmes to expand the resource base. Ambrosia Lake will pursue a dual-track approach combining ISR drilling with permitting advancement, leveraging enCore's technical expertise and the project's historical conventional mining infrastructure.For investors seeking exposure to domestic uranium supply re-emergence, Verdera offers a consolidated vehicle capturing New Mexico's geological prospectivity, established infrastructure, and evolving regulatory support through the state's dominant land position and comprehensive data package.View Verdera Energy's company profile: https://www.cruxinvestor.com/companies/verdera-energySign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Americas Gold & Silver (TSX:USA) - Executing on Growth Strategy Across Idaho Silver Complex

CruxCasts

Play Episode Listen Later Jan 26, 2026 16:21


Interview with Oliver Turner, Corporate Development of Americas Gold & Silver Corp.Our previous interview: https://www.cruxinvestor.com/posts/americas-gold-silver-tsxusa-acquires-us65m-crescent-mine-raises-us115m-8579Recording date: 23rd January 2026Americas Gold & Silver has delivered a remarkable operational turnaround, achieving 2.65 million ounces of silver production in 2025 - the highest output in 20 years and the highest grade at its flagship Galena mine in two decades. This represents a 52% year-over-year production increase, demonstrating the effectiveness of new management's operational improvements since taking control in October 2024.The company recently completed a transformative $130 million acquisition of the Crescent Silver Mine, located just nine miles from Galena. Crescent features a resource exceeding 20 million ounces at over 600 grams per ton - double Galena's current mining grade. The proximity enables significant synergies, with ore from Crescent feeding directly into Galena's existing mill infrastructure. Management has already reduced power costs at Crescent from 65 cents to 5 cents per kilowatt-hour and plans to invest $20-25 million in development during 2026, with production expected to ramp through 2027-2028.Executive Vice President Oliver Turner emphasized the company's execution-focused approach: "We just got to execute on what we say we're going to do and deliver, deliver, deliver. That's what we've started to do already at Americas Gold and Silver and will continue to do in the years ahead."Looking ahead, the company plans an unprecedented exploration campaign with 15-20 drills across its asset base in 2026. Recent discoveries include the high-grade 34 vein at Galena, which intersected 983 grams per ton silver with an expanded conceptual target of 6-7 million ounces. The exploration potential extends to Cosala in Mexico, where seven outcropping targets remain untested.Strategically, Galena operates as the largest active antimony mine in the United States, producing continuously since 1942. With new offtake contracts effective January 2026 providing payment for all byproducts and antimony designated as a critical mineral priority, the company offers unique exposure to both precious metals and strategic materials. Backed by over 60% institutional ownership and robust capitalization, Americas Gold & Silver combines operational execution with significant growth catalysts across production, exploration, and strategic mineral positioning.View Americas Gold and Silver's company profile: https://www.cruxinvestor.com/companies/americas-gold-silver-corporationSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
EraNova Metals' Dual-Path Critical Minerals Play with $30 Million Infrastructure Advantage in Canada

CruxCasts

Play Episode Listen Later Jan 26, 2026 17:58


Interview with Meredith Eades, President & CEO of EraNova MetalsRecording date: 23rd January 2026EraNova Metals represents a compelling asymmetric investment opportunity in the critical minerals sector, combining an advanced-stage molybdenum development project trading at a substantial discount to peers with emerging high-grade silver exploration upside that remains unrecognised by current valuation.Under newly appointed President and CEO Meredith Eades, EraNova has repositioned around a dual-path value creation strategy centred on its 30,000-hectare Ruby Creek property in British Columbia. The company's 433 million pound molybdenum resource benefits from $30 million in existing infrastructure, historical feasibility study and environmental approval, and simple metallurgy requiring straightforward processing. Working with engineering firm Tetra Tech to advance toward preliminary economic assessment, EraNova is updating project economics to reflect improving molybdenum market fundamentals with minimal additional drilling required due to comprehensive historical work.The valuation opportunity is striking. At approximately $10 million market capitalisation, investors acquire the Ruby Creek infrastructure at 33 cents on the dollar before accounting for the molybdenum resource itself. Trading at 2.5 cents per pound of molybdenum in-ground versus comparable developers at 5-35 cents, EraNova presents potential for 2-14x re-rating as the PEA demonstrates project economics and strategic partnership discussions advance. Management has confirmed active interest from potential partners exploring joint ventures, strategic partnerships, and offtake agreements—structures that could fund development whilst preserving shareholder value.The exploration dimension provides additional upside optionality currently ignored by market valuation. A 1,585-pound bulk sample from the Silver Surprise zone yielded a 14.3-ounce silver bar through simple crushing and gravity separation, with grades of 4,200 grams per tonne silver and 95% recoveries. Three parallel surface veins extending up to 180 metres offer compelling drill targets, whilst strengthening silver prices above $30 per ounce enhance the economics of potential direct shipping ore scenarios. This near-term revenue generation potential offers an anti-dilutive funding mechanism for continued exploration across seven distinct mineralised zones showing copper-gold-silver-tungsten potential.Management's capital structure and alignment merit investor attention. The operations manager and chief geologist both hold significant equity positions and work without cash compensation, ensuring decisions prioritise shareholder value creation. The autumn financing round came together efficiently with participation from both long-term shareholders and new investors, demonstrating market confidence in the strategic vision whilst maintaining the company's stated focus on execution and disciplined capital allocation.The macro backdrop supports both elements of EraNova's investment thesis. Molybdenum serves critical functions in high-strength steel alloys for infrastructure, pipelines, and construction, with emerging demand from offshore wind, nuclear power, and hydrogen infrastructure supporting steady price improvement. Government emphasis on domestic critical mineral production in stable jurisdictions enhances the strategic value of Canadian molybdenum supply. Simultaneously, silver benefits from monetary uncertainty, industrial demand growth, and supply constraints.For investors seeking exposure to critical minerals development with precious metals exploration leverage, EraNova presents compelling risk-reward at current valuation. The combination of near-term PEA catalyst, potential strategic partnership announcements, 2026 exploration results, and substantial valuation discount to peers creates multiple pathways for value recognition as the market adjusts to the company's repositioned focus and demonstrated progress on both development and exploration fronts.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Precipitate Gold (TSXV:PRG) - Positions for Discovery in De-Risked Dominican Republic

CruxCasts

Play Episode Listen Later Jan 26, 2026 33:30


Interview with Jeffrey Wilson, President and CEO, Precipitate Gold Our previous interview: https://www.cruxinvestor.com/posts/precipitate-gold-tsxvprg-barrick-partnership-grows-to-22m-as-regulatory-path-clears-6789Recording date: 22nd January 2026As gold approaches $5,000 per ounce, Precipitate Gold Corporation has positioned itself for an aggressive exploration campaign across two promising Dominican Republic projects. The junior explorer recently closed a C$6.5 million financing in early January 2026, bringing its treasury to C$9.5 million with no underlying work commitments on its 100%-owned properties.The most significant development for Precipitate has been the dramatic de-risking of the Dominican Republic as a mining jurisdiction through neighbor GoldQuest Mining Corp.'s success. GoldQuest's share price surged from C$0.16 to over C$2.00 in twelve months as the company advanced its Romero project through environmental approval toward a bankable feasibility study. This progression validated that projects in the Dominican Republic can advance to production, opening capital access for regional explorers.Precipitate's recent financing was notably supported by Dominican investors who watched their peers profit from early GoldQuest positions. According to President and CEO Jeffrey Wilson, wealthy Dominican business individuals who passed on GoldQuest at lower prices are now seeking similar opportunities in the district.The company has identified two near-term drill catalysts. At Pueblo Grande, which surrounds Barrick Gold's Pueblo Viejo mine, Precipitate discovered an untested chargeability anomaly following comprehensive review of historical data. The company plans to test this target with 5-8 drill holes at 100-350 meter depths in a permitted, accessible area with geophysical characteristics similar to Pueblo Viejo mineralisation.At Juan de Herrera, adjacent to GoldQuest's Romero deposit, Precipitate has advanced four to five targets to drill-ready status through twelve months of geochemistry, mapping, and geophysics work. The 40-kilometer shared claim boundary with GoldQuest positions the company within the same geological district for potential "string of pearls" style mineralisation.Wilson emphasized that all factors have aligned for the first time in Precipitate's 13-year history: drill-ready targets, strong gold prices, capital availability, and responsive market conditions following years of disciplined capital preservation.Learn more: https://www.cruxinvestor.com/companies/precipitate-gold-corpSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Astra Exploration (TSXV:ASTR) - High-Grade Argentine Discovery Opens in Multiple Dimensions

CruxCasts

Play Episode Listen Later Jan 23, 2026 20:36


Interview with Brian Miller, Director & CEO Of Astra ExplorationOur previous interview: https://www.cruxinvestor.com/posts/astra-exploration-tsxvastr-pitch-perfect-november-2025-8536Recording date: 20th January 2026Astra Exploration (TSXV:ASTR) is aggressively advancing its flagship La Manchuria precious metals project in Argentina following encouraging initial drilling results that have validated management's exploration thesis. CEO Brian Miller outlined the company's progress and 2026 strategy in a recent discussion covering exploration results, geological interpretation, and capital allocation priorities.The company's most significant achievement was securing La Manchuria in mid-2024 and completing an inaugural drill program in early 2025 that intersected exceptional near-surface grades. Miller emphasized the quality of mineralization: "The grades that we've intersected there, they're not common to get repeat grades because I'm literally talking about ounces of gold and kilograms of silver in open drill intercepts near surface. And they're not one-offs. We've repeated several of those."Critically, Phase 1 results demonstrated that the mineralized system extends well beyond previous geological interpretations. The project was thought to be faulted off at both ends along strike, but Astra has proven the system continues in both directions with new parallel zones identified. This expansion fundamentally changes the scale potential, with the deposit now opening up in multiple dimensions including at depth.Astra initiated a 10,000-meter Phase 2 drill program in October 2025, with the first half focused on extending the surface footprint through shallow drilling and the second half targeting deeper zones starting March 2026. Assays from the initial phase are currently pending and expected to provide critical information about lateral continuity and the effectiveness of geophysical targeting methodology.Rather than rushing toward formal resource estimation, management is prioritizing demonstration of scale through step-out drilling. This capital-efficient approach aims to prove system extent before the expensive, dilutive infill drilling required for resource definition. The company maintains its original thesis of multi-million-ounce potential.Argentina's unprecedented political and economic reforms have attracted major mining companies including Lundin, BHP, Kinross, and Barrick to deploy significant capital in the country, validating the jurisdiction and reducing perceived country risk. Management views 2026 as having potential to match or exceed 2025's success, with near-term valuation dependent on pending assay results that will determine how much metal the expanded system contains.View Astra Exploration's company profile: https://www.cruxinvestor.com/companies/astra-explorationSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Hawk Resources (ASX:HWK) - High-Grade Copper Drilling Underway With Scandium Upside in Play

CruxCasts

Play Episode Listen Later Jan 22, 2026 41:46


Interview with Scott Caithness, Managing Director of Hawk Resources Ltd.Our previous interview: https://www.cruxinvestor.com/posts/hawk-resources-asxhwk-december-drilling-targets-five-prospects-in-historic-copper-district-8487Recording date: 20th January 2026Hawk Resources has successfully raised A$5 million to fund an aggressive exploration campaign across two high-potential critical minerals projects, with the capital raise closing within an hour of opening due to strong investor demand. The oversubscribed raise demonstrates market confidence in the company's dual-pronged strategy targeting near-term copper-gold catalysts in Utah alongside a potentially transformational scandium opportunity in Western Australia.Managing Director Scott Caithness confirmed drilling has commenced at the company's flagship Cactus copper-gold project in Utah, with a 4,000-meter program testing six previously undrilled targets. The project carries significant historical pedigree, having been mined between 1905 and 1920 at grades of 2% copper with meaningful gold credits. Recent verification drilling by Hawk intersected 30 meters at 1.8% copper from surface, confirming the presence of high-grade mineralisation that remains accessible for modern exploration techniques.The company has allocated approximately A$3 million toward the Cactus drilling campaign, with results expected to flow from March 2026 onwards. Hawk's systematic approach integrates geophysical data, historical drilling records, and the first-ever project-wide soil sampling program to identify high-priority targets. The Copperopolis target exemplifies this methodology—a large chargeability anomaly with encouraging surface geochemistry that has never been drill-tested, despite a 1974 hole nearby intersecting 30 meters at 2% copper.Complementing the Utah copper focus, Hawk has reserved A$1-1.5 million to advance its recently acquired scandium project in Western Australia. The asset features a 4 kilometer by 7 kilometer soil anomaly with scandium grades exceeding 500 parts per million, reaching peaks of 1,200 ppm in a commodity currently worth $3,400 per kilogram. Historical shallow drilling intersected significant scandium mineralisation, though verification through laboratory assays remains the immediate priority.Caithness positions Hawk as a critical metals company with copper focus, offering investors exposure to supply-constrained commodities essential for electrification and advanced manufacturing while maintaining strategic optionality through its diversified project portfolio.View Hawk Resources' company profile: https://www.cruxinvestor.com/companies/alderan-resourcesSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Capitan Silver (TSXV:CAPT) - 60,000m Drill Blitz Targets 20km Mexican Silver System in 2026

CruxCasts

Play Episode Listen Later Jan 22, 2026 37:17


Interview with Alberto Orozco, CEO, Capitan SilverOur previous interview: https://www.cruxinvestor.com/posts/capitan-silver-tsxvcapt-triples-exploration-target-at-historical-cruz-de-plata-silver-district-8232Recording date: 20th January 2026Capitan Silver is entering 2026 with significant momentum following a transformative year that repositioned its Cruz de Plata silver project in Durango, Mexico. CEO Alberto Rosco outlined an ambitious exploration program backed by a recent $29 million financing that will fund 60,000 meters of drilling across what the company now recognizes as a complete mineral system rather than a simple silver trend.The strategic shift came through property consolidation that expanded the project from 7 kilometers to 20 kilometers of vein targets. Through systematic mapping and sampling, the geological team identified that high-grade silver mineralization sits near the contact between an intrusive body and sedimentary rocks, with this controlling structure extending westward and northward in a circular pattern. The company also eliminated a significant royalty and increased gold resources at the adjacent Capitan Hill deposit by 115% to 525,000 ounces.Rosco emphasized that Cruz de Plata's outcropping nature provides substantial cost advantages throughout exploration and potential development. Most previous drilling remained in the top 150 meters, with the 2026 program designed to extend testing to 150-300 meters depth on the advanced Jesus Maria trend while using reverse circulation rigs for rapid, cost-effective testing of new targets to the west, north, and within the intrusive itself.Management remains focused on building an operating mine rather than pursuing early monetization, drawing on the team's experience developing and operating projects in Mexico through their previous work at Argonaut Gold. "We're developing this for the long haul. We see a very big system here and we're very excited about it," Rosco stated, comparing Cruz de Plata to successful intermediate sulfidation deposits like Penasquito and MAG Silver's Juanicipio.With approximately 50 unreleased drill holes from the previous program and multiple rigs operating simultaneously in 2026, investors can expect consistent news flow as Capitan Silver works to demonstrate the scale of its expanded mineral system.Learn more: https://www.cruxinvestor.com/companies/capitan-silverSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Atlas Salt (TSXV:SALT) - Developer Targets North America's 30-40% De-icing Salt Supply Gap

CruxCasts

Play Episode Listen Later Jan 21, 2026 24:44


Interview with Nolan Peterson, CEO of Atlas SaltOur previous interview: https://www.cruxinvestor.com/posts/atlas-salt-tsxvsalt-rare-public-salt-play-targets-10-of-north-americas-de-icing-market-8676Recording date: 16th January 2026Atlas Salt is positioning itself to address a critical infrastructure need in North America through the development of the Great Atlantic Salt project on Newfoundland's west coast. The company targets the deicing road salt market, where demand consistently outstrips domestic supply by 30-40%, forcing North American buyers to source from Egypt and Chile with significantly longer lead times and higher costs.CEO Nolan Peterson, who joined the company in June 2025, explained the market dynamics: "There is a salt shortage year-over-year when you're balancing domestic production versus domestic needs. And domestically, I'm grouping Canada and the United States as one market." The timing appears particularly opportune, with Ontario currently experiencing severe shortages despite having a full year to prepare following last year's supply crisis.The project's geographic advantage is substantial. Located in Newfoundland with direct port access, Atlas Salt can deliver product to the same markets served by foreign producers in 15 to 20% less time and cost, according to Peterson. This proximity enables rapid response to spot market opportunities and provides supply chain stability that foreign sources cannot match.The updated feasibility study demonstrates robust economics with total capital requirements of approximately $600 million CAD. The project generates an NPV of $920 million CAD with a 21.3% after-tax IRR and $188 million in annual after-tax free cash flow over a 25-year mine life. "Our contrast is that we have steady stable cash flow year after year kind of like a dividend or a bond if you will once you get over that initial hurdle," Peterson explained.Construction activities are beginning imminently following financing completed in October 2025, with the company targeting Q2 2026 for a finalized debt package covering 60-80% of capital needs from sovereign wealth funds and infrastructure banks. Atlas Salt has already signed an MOU with Scotwood Industries, the largest distributor of packaged retail deicing salt in North America, while pursuing additional commercial partnerships and potential vertical integration opportunities.View Atlas Salt's company profile: https://www.cruxinvestor.com/companies/atlas-saltSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Cartier Resources (TSXV:ECR) - Market Economics Fuel 250,000m Drilling Campaign

CruxCasts

Play Episode Listen Later Jan 21, 2026 40:40


Interview with Philippe Cloutier, President & CEO of Cartier Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/cartier-resources-tsxvecr-agnico-backed-junior-targets-mining-camp-scale-gold-discovery-8319Recording date: 19th January 2026Cartier Resources represents a compelling investment opportunity in Canadian gold exploration, combining exceptional drilling economics, strategic backing from Agnico Eagle Mines, and systematic execution of a mining camp-scale discovery programme across 15 kilometres of Quebec's prolific Cadillac Fault.The investment thesis centres on resource growth from the current 3.2 million ounce baseline at the flagship Chimo Mine toward 4-5 million ounces by year-end 2026, with longer-term potential for 12-15 million ounces across multiple deposits. Independent consultants have formally identified exploration targets for an additional 1.1 million ounces achievable through disciplined drilling, validating management's systematic approach to proving up a mining camp rather than a single-asset development story.Cartier's operational advantages stem directly from location within Val-d'Or's established mining infrastructure. The company has secured all-in drilling costs of C$105-110 per metre—from site preparation through assay results to press release—representing exceptional value in the current inflationary environment. This cost structure enables an aggressive 250,000-metre programme with two rigs currently operating 24/7 and plans to deploy four to six additional rigs, matching in one year the total drilling accomplished over the previous decade.Strategic validation from Agnico Eagle, which holds a 27% stake acquired through its O3 Mining purchase, provides both financial support and technical credibility. Monthly technical committee meetings enable rapid reallocation of drilling resources based on emerging results, whilst Agnico's involvement significantly enhances Cartier's profile amongst institutional investors who view major mining company participation at the exploration stage as validation of project quality and future acquisition potential.The company has initiated critical de-risking studies that progressively enhance project economics. Independent metallurgical testwork targets 96-97% gold recovery rates versus historic 93% recoveries, whilst evaluating toll-milling opportunities at four different processing facilities within 60 kilometres. Establishing toll-milling arrangements could reduce capital expenditure by approximately C$120 million by eliminating dedicated mill construction requirements. Environmental baseline studies and a preliminary economic assessment scheduled for 2026 delivery provide the technical foundation for various development scenarios.Cartier's recent surpassing of C$100 million market capitalisation represented a critical threshold that unlocked institutional investor access previously unavailable. The company has traded over 80 million shares since July 2025, representing complete shareholder base rotation toward sophisticated investors with longer time horizons and larger position sizes. This evolution provides improved liquidity, reduced volatility, and establishes the foundation for additional institutional participation as exploration objectives are achieved.Management has demonstrated disciplined capital allocation by optioning three non-core Windfall District projects to Exploits Discovery for C$2 million cash, nearly 10 million shares, and retained royalties whilst maintaining singular focus on the Cadillac Project. Integration of AI-driven targeting methodologies has already validated discoveries like the Contact zone, accelerating exploration timelines by six to eight months compared to traditional approaches.With C$10 million in treasury supporting aggressive drilling without near-term dilution, gold prices sustained above US$4,600 per ounce dramatically improving project economics, and multiple catalysts including ongoing drill results, metallurgical studies, and year-end PEA delivery, Cartier offers substantial upside leverage at current valuations. The company trades at significant discount to peers with comparable resource bases despite superior jurisdictional advantages, strategic backing, and cost structure. For investors seeking exposure to Abitibi gold discovery potential with clearly defined catalysts and multiple value realisation pathways, Cartier Resources represents a compelling core holding within precious metals portfolios during a critical value inflection period.View Cartier Resources' company profile: https://www.cruxinvestor.com/companies/cartier-resources-incSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Chalice Mining (ASX:CHN) – Why Gonneville Could Reshape Global Palladium Supply

CruxCasts

Play Episode Listen Later Jan 21, 2026 56:29


Interview with Alex Dorsch, MD & CEO of Chalice MiningRecording date: 20th January 2026Chalice Mining is developing the Western world's leading palladium-nickel-copper project at Gonneville, discovered in 2020 near Perth, Australia. The project has advanced from discovery to prefeasibility study (PFS) stage, with Final Investment Decision (FID) and construction planned for 2028-29.The project's exceptional economics stem from open-pit mining starting at surface level, delivering all-in sustaining costs of $370/oz compared to $900-1,800/oz for South African competitors operating deep underground mines. This positions Gonneville in the second quartile of the global cost curve. The PFS demonstrates a 23-year mine life with NPV8 of A$3.3 billion at current prices and 40% IRR, producing 170,000 oz/year initially and scaling to 250,000 oz/year in stage two.Palladium prices have surged 105% from $880/oz to $1,800/oz over seven months, driven by supply constraints with over 90% production concentrated in Russia and South Africa. Demand remains resilient as electric vehicle adoption progresses slower than anticipated, supporting hybrid vehicles that require palladium catalytic converters.Chalice's two-stage development strategy balances ambition with capital discipline. Stage one requires A$820 million capex, fundable through 50-70% debt financing given strong project margins and abundant critical minerals financing from sovereign wealth providers. The company has invested A$325 million in technical work, including A$15 million on metallurgical testing—significantly more than typical junior miners at this stage.A simplified flowsheet redesign produces three standard products processable by conventional smelters, eliminating downstream technology risk. The project's Perth location provides infrastructure advantages and residential workforce access, reducing capital requirements to A$200-250 million versus multi-billion dollar bills for remote projects.With regulatory approvals expected in early 2028, Chalice offers rare exposure to palladium development outside Russian and South African dominance in a structurally constrained supply market.View Chalice Mining's company profile: https://www.cruxinvestor.com/companies/chalice-miningSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
US Gold Corp (NASDAQ:USAU) - Advancing Towards DFS with $31M Financing Secured

CruxCasts

Play Episode Listen Later Jan 20, 2026 9:39


Interview with Luke Norman, Executive Chairman of US Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/us-gold-corp-nasdaqusau-feasibility-study-imminent-with-major-20262028-catalysts-8678Recording date: 16th January 2026US Gold Corp has distinguished itself within the junior gold sector by securing full mining permits for its CK Gold project in Wyoming whilst maintaining an exceptionally tight share structure of just 16.5 million shares outstanding. The company completed a $31.2 million financing in December 2025 with participation from major institutional investors including VanEck, Goehring & Rozencwajg, and Libra Capital, marking a validation milestone that complements its established retail shareholder base.The CK Gold project represents one of the few fully permitted, shovel-ready gold-copper developments in North America. Having received final non-conditional mining permits in December 2024, US Gold Corp has eliminated a significant source of timeline uncertainty that affects competing projects. This permitting achievement, combined with the project's location just 20 miles from Cheyenne, Wyoming, provides practical advantages in accessing established infrastructure, skilled labour, and contractor services that should translate into lower capital and operating costs.The company expects to release its Definitive Feasibility Study (DFS) in late January or early February 2026, establishing the pathway to project finance. Executive Chairman Luke Norman outlined an 18-month timeline from financing to production, with first-year output forecast at 130,000 ounces gold and 24 million pounds copper. With gold prices exceeding $4,600 per ounce, project economics benefit materially compared to earlier technical assessments conducted at lower metal price assumptions.Management has identified multiple financing pathways reflecting strong global demand for gold-copper concentrates. The preference for debt financing aims to preserve the company's tight share structure, which provides significant operating leverage with a $330 million market capitalisation against a 1.7 million ounce reserve base. Potential financing structures include forward sales arrangements, concentrate offtake agreements, and traditional project debt, creating optionality in capital structure.Beyond the permitted reserve, US Gold Corp plans to commence drilling targeting an additional one million ounces below the current resource. With 80% of historical drilling bottoming in mineralisation, management estimates this exploration programme could add approximately one billion dollars in net present value. This drilling represents a strategic shift toward value optimisation now that economic viability and permitting have been established.The investment proposition centres on scarcity value within North American gold development opportunities. As major producers face declining reserve grades and extended permitting timelines, fully permitted projects in tier-one jurisdictions command premium valuations. US Gold Corp's combination of permits, institutional validation, infrastructure advantages, and tight share structure positions the company for potential multiple reratings throughout 2026 as it advances through definitive feasibility release, project financing, and construction commencement.The straightforward metallurgical flowsheet—crush, grind, flotation, and tri-stack processing—reduces technical execution risk, whilst the Wyoming location provides jurisdictional certainty and operational advantages. With institutional capital flowing into the gold sector and concentrate demand characterised as "insatiable," US Gold Corp offers investors exposure to near-term North American gold production with significant exploration upside and multiple catalysts ahead.View U.S. Gold's company profile: https://www.cruxinvestor.com/companies/us-gold-corpSign up for Crux Investor: https://cruxinvestor.com

Stocks for Beginners
CEO Tony Lamb: Nuclear's Comeback and the Stocks to Watch | Myriad Uranium Corp.

Stocks for Beginners

Play Episode Listen Later Jan 20, 2026 37:22


My guest this week is Thomas Lamb, CEO of Myriad Uranium Corporation. Thomas brings a unique background to the table—he started in classics and law before diving into mining. We discussed his journey from building a gold producer in Mexico to leading uranium projects in the US after a pivot from Niger due to a military coup.Thomas explained the uranium sector's dynamics. The world produces about 160 million pounds annually but consumes 200 million, with stockpiles dwindling. This drives prices from $30 to $75 per pound. Kazakhstan leads production at 43%, while the US consumes 50 million pounds but produces under 1 million. Australia hosts the largest deposit at Olympic Dam.Episode Blog Post: https://www.sharesforbeginners.com/blog/myriad-uranium

Stocks To Watch
Episode 754: How CleanTech Vanadium ($CTV) Is Positioned to Support U.S. #Fluorspar & #Uranium Supply Chains

Stocks To Watch

Play Episode Listen Later Jan 16, 2026 14:20


The U.S. must strengthen its domestic supply of critical minerals, particularly #Fluorspar, which plays a vital role in uranium enrichment, energy storage, and advanced manufacturing.In this interview, CleanTech Vanadium Mining (TSX-V: CTV | OTCQB: CTVFF) CEO & Executive Chairman John Lee, CFA explains the growing supply imbalance for fluorspar and vanadium, why fluorspar is essential to the uranium fuel cycle, what makes the company's assets unique, and how the company is positioned amid rising U.S. demand for critical minerals.CleanTech CTV Company Website: https://cleantechctv.comCleanTech CTV X: https://twitter.com/cleantechctvCleanTech CTV YouTube: https://www.youtube.com/@CleanTechCTVCleanTech CTV LinkedIn: https://www.linkedin.com/company/cleantechctvCleanTech CTV Facebook: https://www.facebook.com/cleantechctvCleanTech CTV Instagram: https://www.instagram.com/cleantechctv/Watch the full YouTube interview here: https://youtu.be/fvr7_6oS0CcAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia

CruxCasts
i-80 Gold (TSX:IAU) - From 50K to 600K oz Annually in Nevada Miner's Six-Year Transformation

CruxCasts

Play Episode Listen Later Jan 16, 2026 33:14


Interview with Richard Young, CEO, i-80 GoldOur previous interview: https://www.cruxinvestor.com/posts/i-80-gold-tsxiau-production-path-to-200000-ounces-8586Recording date: 16th January 2026Nevada-based i-80 Gold is executing an ambitious three-phase development plan to transform from a small producer into a mid-tier gold company, targeting production growth from under 50,000 ounces annually to over 600,000 ounces within six years. All five projects are brownfield developments at historic Nevada mines, offering reduced execution risk through existing permits and infrastructure.The company delivered five preliminary economic assessments in Q1 2025 and has raised approximately $300 million toward a targeted $900 million to $1 billion recapitalisation. Management expects to complete balance sheet restructuring by end of Q1 2026, which will enable full construction approval for the critical Lone Tree autoclave refurbishment project.The Lone Tree facility refurbishment represents a cornerstone investment, with total capital costs of approximately $430 million and completion scheduled for end of 2027. Once operational, the facility is projected to produce 200,000 ounces annually and generate $200-400 million in EBITDA at current gold prices. i-80 Gold will be one of only two companies operating an autoclave in Nevada.Project economics have improved substantially with higher gold prices. At $3,000 gold, the net asset value of the five projects was approximately $5 billion versus the company's current market capitalization of $1.3 billion fully diluted. At current gold prices above $4,600, NAV is estimated between $8-10 billion, with all-in sustaining costs averaging approximately $1,400 per ounce.The company has significantly strengthened its technical team and is advancing feasibility studies for multiple underground mines including Archimedes and Granite Creek. Management is also accelerating work on Mineral Point, the flagship asset capable of producing 300,000 ounces over a 17-year mine life, pulling development forward by approximately two years.Operating exclusively in Nevada provides advantages including world-class geology, skilled workforce, supportive regulatory environment, and the current macro environment featuring high gold prices without corresponding input cost inflation.Learn more: https://www.cruxinvestor.com/companies/i-80-goldSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Equinox Gold (TSX:EQX) – How Asset Sales, Canadian Growth and Execution Drive Re-Rating Potential

CruxCasts

Play Episode Listen Later Jan 16, 2026 24:35


Interview with Ryan King, EVP Capital Markets of Equinox GoldOur previous interview: https://www.cruxinvestor.com/posts/equinox-gold-tsxeqx-canadian-gold-giant-forms-in-merger-of-equals-with-calibre-mining-6826Recording date: 14th January 2026Equinox Gold concluded 2025 with record-breaking production of 920,000 ounces, including a quarterly high of 247,000 ounces in Q4, driven primarily by its ramping Canadian operations. The Greenstone mine in Northern Ontario demonstrated particularly strong momentum, increasing output by 29% quarter-over-quarter as the company transitions from construction to operational excellence.In a strategic pivot prioritizing quality over quantity, Equinox announced the sale of its four Brazilian mines for over $1 billion. These assets, producing 200,000-250,000 ounces annually, will be divested to reduce the company's $1.5 billion debt load by more than $800 million and refocus operations on tier-one North American jurisdictions. Executive Vice President Ryan King emphasized that management's expertise lies in optimizing large-scale open pit operations rather than managing multiple smaller mines.Production guidance for 2026 is set at 700,000-800,000 ounces with all-in sustaining costs of $1,800-1,900 per ounce. Canadian assets alone are expected to deliver 400,000-500,000 ounces at industry-leading margins, representing two-thirds of total output from the company's highest-quality operations.The company maintains a robust organic growth pipeline without requiring acquisitions. Castle Mountain in California is advancing through federal permitting with a decision expected in Q4 2026, potentially adding 200,000-225,000 ounces annually. The Los Filos expansion in Mexico could contribute 250,000-300,000 ounces yearly once community land access issues are resolved. Combined with phase 2 expansion opportunities at Newfoundland assets, these projects could add 450,000-700,000 ounces of annual production.Management is prioritizing operational execution and deleveraging over mergers and acquisitions, with the company potentially becoming nearly debt-free by year-end 2026. This improved financial position opens possibilities for shareholder returns through buybacks or dividends while maintaining a $300 million capital expenditure budget and $75-100 million exploration program focused on expanding resources at existing operations.View Equinox Gold's company profile: https://www.cruxinvestor.com/companies/equinox-goldSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Energy Fuels (NYSE:UUUU) - America's Critical Minerals Champion: 2025's Best Uranium Stock Returns

CruxCasts

Play Episode Listen Later Jan 16, 2026 20:46


Interview with Mark Chalmers, President & CEO of Energy Fuels Inc.Our previous interview: https://www.cruxinvestor.com/posts/energy-fuels-nyseuuuu-completes-oversubscribed-700-million-funding-for-ree-uranium-duo-track-8223Recording date: 14th January 2026Energy Fuels CEO Mark Chalmers discusses the company's breakout 2025 performance as the best-performing uranium stock, with returns more than double its nearest competitor. This in-depth interview covers Energy Fuels' unique positioning as America's only integrated critical minerals platform, combining uranium production targeting 2+ million pounds annually with rare earth processing capabilities at the White Mesa Mill.Key discussion points include:- Uranium production ramp to 2M+ pounds and December's record 350,000-pound monthly output- White Mesa Mill's rare earth processing capabilities and recent IMREC circuit addition- Toliara project in Madagascar: world-class heavy mineral sands with $1.5B+ NPV- $700M convertible note at just 0.75% coupon—dramatically below competitor rates- Donald project and White Mesa upgrade feasibility studies expected Q1 2026- Government engagement on critical minerals security- Strong balance sheet with ~$1 billion cash providing development flexibilityView Energy Fuels' company profile: https://www.cruxinvestor.com/companies/energy-fuels

CruxCasts
Canada Nickel (TSXV:CNC) - Government Fast-Track Targets 2026 Construction Decision for Crawford

CruxCasts

Play Episode Listen Later Jan 16, 2026 25:22


Interview with Mark Selby, CEO of Canada NickelOur previous interview:  https://www.cruxinvestor.com/posts/canada-nickel-tsxvcnc-major-projects-office-fast-tracks-crawford-build-8552Recording date: 14th January 2026Canada Nickel has achieved critical milestones positioning its Crawford nickel sulfide project for a construction decision by year-end 2026, securing both federal Major Projects Office designation in November 2025 and Ontario's "one project, one process" fast-track permitting status on January 13, 2026. These designations reflect coordinated government commitment to establishing domestic critical mineral supply chains independent of Chinese influence.The company has transformed the Timmins region into the world's largest nickel sulfide district, expanding from two resources at year-end 2024 to eight separate resources totaling over 20 million tons of contained nickel. The recently announced Reid deposit demonstrates superior economics with half Crawford's strip ratio, one-third less overburden, and 15% chromium content. CEO Mark Selby indicated the company has identified three to four additional deposits potentially offering higher value than the flagship Crawford project.Strategic validation comes from a diversified investor base including Anglo American, Agnico Eagle, Samsung SDI, and Taykwa Tagamou Nation, which invested $20 million directly. This cornerstone group spans major mining operators, battery supply chain participants, and Indigenous partners, demonstrating confidence across the value chain.Canada Nickel's downstream processing strategy targets 70-90 cent per pound North American premiums by converting concentrate into products for stainless steel and battery markets. This approach aligns with government priorities around value-added manufacturing while capturing sustained regional pricing advantages. The company has completed front-end engineering design with Hatch, moving beyond standard feasibility-level work to reduce execution risk.The 2026 timeline includes federal permit approval by mid-year, initial government funding announcements in Q1, and financing package completion by Q3. Ontario Minister Stephen Lecce publicly committed to "go full tilt to unlock one of the world's largest nickel deposits," representing invested political capital that reduces regulatory uncertainty. Combined with first-quartile cost positioning from iron and chromium byproducts, existing infrastructure, and an experienced local workforce, Crawford represents Canada's tactical execution of critical mineral supply chain independence.View Canada Nickel's company profile: https://www.cruxinvestor.com/companies/canada-nickelSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
IsoEnergy (TSX:ISO) Production Advancement with Exploration Upside Commencing Winter Drill Program

CruxCasts

Play Episode Listen Later Jan 16, 2026 32:33


Interview with Philip Williams, Director & CEO of IsoEnergy Ltd.Our previous interview: https://www.cruxinvestor.com/posts/isoenergy-tsxiso-multi-jurisdictional-uranium-portfolio-8580Recording date: 15th January 2026IsoEnergy Ltd. (TSX:ISO) differentiates within the uranium sector through near-term production advancement at the Tony M project in Utah while maintaining exposure to ultra-high-grade exploration upside at the Hurricane deposit in Saskatchewan's Athabasca Basin. The company has commenced bulk sampling operations at Tony M, extracting approximately 2,000 tons of material for processing at the White Mesa Mill. This program validates three critical decision criteria for full-scale production restart: current operating costs for mining, trucking, and processing; updated capital requirements; and scalability of beneficiation techniques tested on smaller samples that could substantially reduce waste material sent to mill. The strategic toll milling arrangement with Energy Fuels' White Mesa Mill—the only operational conventional uranium mill in the United States—eliminates processing infrastructure capital while providing established metallurgical pathway, as the mill historically processed ore from Tony M during previous 2007-2008 production period. Tony M's existing surface and underground infrastructure substantially reduces restart capital intensity compared to greenfield mine development, positioning the project as IsoEnergy's primary near-term production opportunity. CEO Philip Williams emphasized the competitive advantage: "In our market cap range, there's not so many of them so we want to be one of those producers and be able to deliver material into a rapidly rising uranium price environment which we think is coming in the United States." Concurrently, IsoEnergy has mobilized two drill rigs to Hurricane for a winter campaign exceeding 5,000 meters. The program tests expansion potential within and adjacent to known ultra-high-grade mineralization, extending up to 3 kilometers along structural trend. Hurricane ranks among the world's highest-grade uranium deposits, with exceptional grade concentration reflected in small physical footprint relative to contained uranium. The exploration strategy follows the Athabasca Basin geological model where high-grade deposits form as multiple lenses along structural corridors, suggesting discovery potential for additional proximate ore zones.Portfolio diversification spans multiple development stages and top-tier jurisdictions. Beyond Tony M and Hurricane, IsoEnergy maintains the Coles Hill project in Virginia—a large-scale development opportunity potentially benefiting from federal policy support for domestic production—plus a 50% joint venture with Purepoint Energy exploring additional Athabasca Basin targets. The pending acquisition of Toro Energy, expected to close April 2026, adds Western Australian exposure and development-stage assets.IsoEnergy operates within a bifurcated uranium market where large-cap producers trade at premiums to net asset value while smaller companies trade at substantial discounts, creating consolidation conditions. The company's mid-tier market capitalization provides optionality as both potential acquirer of discounted junior assets and potential target for larger producers seeking high-grade Athabasca Basin exposure. NextGen Energy's 30% ownership provides strategic shareholder stability, while IsoEnergy maintains approximately $60 million in equity positions in smaller uranium companies.Management reports accelerating institutional investor engagement as the production timeline clarifies and uranium market fundamentals strengthen. The recent addition of commercial and marketing expertise signals preparation for uranium sales as production approaches. Near-term catalysts include the Tony M production restart decision following bulk sampling results, Hurricane drilling outcomes, Toro acquisition closure, and potential uranium import policy changes under the Section 232 investigation.Williams acknowledged uranium equity performance ultimately depends on physical price movement despite strong fundamentals: "The space can get ahead of the price for some period of time, but the price has to also move." However, when utility contracting accelerates—whether driven by policy changes, supply disruptions, or other factors—price movements can occur rapidly given concentrated uranium market structure.View IsoEnergy's company profile: https://www.cruxinvestor.com/companies/isoenergySign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Clean Air Metals (TSXV:AIR) – Building a Capital-Light Platinum Mine in Ontario

CruxCasts

Play Episode Listen Later Jan 15, 2026 26:00


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

CruxCasts
Integra Resources (TSXV:ITR) - DeLamar Project Wins FAST-41 Status With 15-Month Timeline

CruxCasts

Play Episode Listen Later Jan 15, 2026 17:23


Interview with George Salamis, President & CEO of Integra Resources Corp.Our previous interview: https://www.cruxinvestor.com/posts/integra-resources-tsxvitr-us-gold-producer-with-400-cash-flow-growth-8884Recording date: 14th January 2026Integra Resources has achieved a significant milestone for its DeLamar gold-silver project in Idaho through acceptance into the federal FAST-41 permitting program. This designation establishes a defined 15-month review timeline with the Bureau of Land Management targeting a record of decision in Q2/Q3 2027, providing unprecedented certainty for a US mining development.According to George Salamis, President and CEO of Integra Resources, "for the first time in DeLamar's history as our project, the US federal government has put our project on a clock and it's a fast clock, far faster than certainly anybody expected." The FAST-41 framework assigns a dedicated Federal Permitting Council advisor to coordinate inter-agency reviews while maintaining rigorous environmental standards through compressed response times rather than reduced scrutiny.A key feature of the designation is quarterly congressional accountability, with the assigned coordinator required to report directly to Congress on project progress and explain any delays. This oversight mechanism creates strong incentives for maintaining momentum while a public tracking dashboard allows shareholders to monitor advancement in real-time.The company has demonstrated effective regulatory collaboration, reducing the project footprint by 25% between preliminary and final feasibility studies through consultations with the BLM. Public hearings scheduled for spring 2026 will serve as the first formal litmus test for stakeholder acceptance, though extensive pre-engagement with Idaho stakeholder groups has already occurred.Salamis emphasised the capital planning benefits, noting that "these clear timelines for us equate to better capital planning, and the reduced risk for us means lower cost of capital ultimately to finance and build this project." The designation fundamentally addresses what Salamis identified as "the single biggest risk for new mines anywhere in the world, let alone the US"—permitting uncertainty—while Integra simultaneously advances required state-level permits for air quality, water quality, and cyanidation that must synchronise with the federal timeline.View Integra Resources' company profile: https://www.cruxinvestor.com/companies/integra-resourcesSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Magna Mining (TSXV:NICU) - Sudbury Producer Targets Dual-Mine Restart Strategy Through 2026

CruxCasts

Play Episode Listen Later Jan 15, 2026 36:38


Interview with Jason Jessup, CEO of Magna Mining Inc.Our previous interview: https://www.cruxinvestor.com/posts/magna-mining-tsxvnicu-permits-cash-and-polymetallic-grades-set-stage-for-rapid-growth-7927Recording date: 12th January 2026Magna Mining executed a remarkable transformation in 2025, evolving from a junior exploration company into a diversified base and precious metals producer focused exclusively on Ontario's Sudbury mining camp. The company's growth trajectory accelerated dramatically following its February 2025 acquisition of the McCreedy West copper mine from KGHM International, expanding its workforce from 25 to over 200 employees while establishing cash flow positive operations.McCreedy West reached a critical operational inflection point in Q4 2025, achieving three simultaneously active stopes that enable consistent production. The mine currently focuses on the high-grade 700 copper zone, though CEO Jason Jessup indicated the company is evaluating a restart of the Intermediate nickel zone if prices sustain above $7.75 per pound. This operational foundation positions the company for sustained cash generation in 2026.The company's Levack mine presents perhaps the most exciting near-term opportunity following the August 2025 R2 zone discovery. Results showed spectacular high-grade copper and precious metals intersections, with many delivering multiple ounces of precious metals alongside significant copper and silver grades. The geological team describes R2 as the upper branches of a system that could lead to much larger mineralisation at depth. A preliminary economic assessment expected in Q3 2026 will evaluate a dual-access strategy using both ramp and existing shaft infrastructure.Meanwhile, Crean Hill advances toward a prefeasibility study in 2026, with grid power connection and permanent dewatering infrastructure progressing. Unlike typical development projects, Magna has secured definitive offtake terms with Vale and favorable indications from Glencore based on bulk sample metallurgical testing, providing unusual commercial certainty.With over 500 square kilometers of prospective ground, $50 million in treasury, and proven M&A capabilities, Magna has positioned itself as the natural consolidator of non-core Sudbury assets. The company's polymetallic focus across copper, nickel, platinum, palladium, gold, and silver provides commodity diversification while capitalising on one of the world's most prolific mining districts.View Magna Mining's company profile: https://www.cruxinvestor.com/companies/magna-miningSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
West Red Lake Gold (TSXV:WRLG) - Commercial Production Achieved

CruxCasts

Play Episode Listen Later Jan 14, 2026 18:44


Interview with Shane Williams, President & CEO, West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-tsxvwrlg-cash-positive-miner-targets-100k-oz-by-2028-without-dilution-8551Recording date: 13th January 2026West Red Lake Gold Mines declared commercial production at its Madsen Gold Mine effective January 1, 2026, achieving this milestone just seven months after completing its bulk sample program. The mill averaged 689 tonnes per day in December 2025, representing 86% of permitted capacity with strong 94.6% recovery rates, producing 3,215 ounces of gold. This performance met the company's internal requirements of 30 consecutive days at 65% or greater throughput combined with operational stability.The company generated US$30 million in gold sales revenue during Q4 2025, selling 7,200 ounces at an average price of US$4,150 per ounce. For full-year 2025, Madsen poured 20,000 ounces generating US$73 million in revenue, with the company ending the year holding CAD$46 million in cash and gold receivables. Management confirms the operation is self-funding with positive monthly cash flow, eliminating future dilution risk.West Red Lake Gold is transitioning to higher-grade ore from the 4447 zone in South Austin, expecting Q1 2026 mill feed to average over 6 grams per tonne gold compared to 4.94 g/t in December. The company targets 800 tpd sustained throughput by mid-2026 while advancing multiple growth initiatives including the Fork deposit, newly identified 904 Complex, and shaft optimization studies that could significantly increase production capacity.—Learn more: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Choice Classic Radio Detectives | Old Time Radio
Dangerous Assignment: Renew Sheik Haroun's Uranium Deal 03/27/1950

Choice Classic Radio Detectives | Old Time Radio

Play Episode Listen Later Jan 14, 2026 29:20


Choice Classic Radio presents to you Dangerous Assignment, which aired from 1949 to 1953. Today we bring to you the episode titled “Renew Sheik Haroun's Uranium Deal.” Please consider supporting our show by becoming a patron at http://choiceclassicradio.com We hope you enjoy the show!

CruxCasts
Gold Terra Resources (TSXV:YGT) - Former Producing Mine Plans Production in 2029

CruxCasts

Play Episode Listen Later Jan 13, 2026 33:58


Interview with Gerald Panneton, Executive Chairman of Gold Terra Resource Corp.Our previous interview: https://www.cruxinvestor.com/posts/gold-terra-resources-tsxvygt-resource-update-pea-in-612-months-ahead-of-newmont-option-8117Recording date: 7th January 2026Gold Terra Resources is advancing a compelling high-grade gold opportunity in Canada's historic Yellowknife district, where the Campbell Shear system produced 14 million ounces at 14-22 grams per tonne before shutting down in 2003 at $340 gold. With gold now exceeding $4,400 per ounce, CEO Gerald Panneton is executing a strategic pivot that transforms previously sub-economic mineralization into a robust production opportunity.The company is positioning to acquire the Con Mine by 2027, leveraging critical infrastructure advantages including existing mining lease and surface rights that eliminate major permitting hurdles. Gold Terra has identified approximately one million ounces at 5-7 g/t between surface and 1,000 meters by re-evaluating historical drilling with lower cutoff grades that remain economically robust at current prices. Key target areas include the Yellorex zone with 500,000-700,000 ounces and Zone 103 with another 500,000 ounces - both areas that were considered sub-economic when the mine closed.The 2026 execution plan centers on systematic de-risking through 15,000 meters of drilling focused on resource conversion and expansion, with an updated mineral resource estimate targeted for September and a preliminary economic assessment by year-end. The conceptual operation would process 2,000 tonnes per day, producing approximately 140,000 ounces annually with breakeven costs estimated at $1,500-$2,000 per ounce - implying margins exceeding $2,000 per ounce at current gold prices.Blue-chip mining investors including Eric Sprott, David Harquail, and Mackenzie Funds have validated the strategy through a recent $7 million financing, with 95% participation from existing shareholders. The company has already invested $20 million in 30,000 meters of drilling, establishing a substantial technical database.Panneton, who developed the Detour Lake mine into a 30-million-ounce discovery, projects that Gold Terra could achieve billion-dollar market capitalization as a cash-flowing producer by 2029-2030, representing substantial upside from current valuation of approximately $30 per ounce of resources.View Gold Terra's company profile: https://www.cruxinvestor.com/companies/gold-terra-resource-corpSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Erdene Resource Development (TSX:ERD)- First Gold Flows as Multi-Mine District Strategy Unfolds

CruxCasts

Play Episode Listen Later Jan 13, 2026 23:41


Interview with Peter Akerley, President & CEO of Erdene Resource Development Corp.Our previous interview: https://www.cruxinvestor.com/posts/erdene-resource-development-tsxerd-fulfills-first-gold-pour-in-mongolias-bayan-khundii-8096Recording date: 12th January 2026Erdene Resource Development achieved first gold production at its Bayan Khundii mine in southwestern Mongolia during Q3 2025, marking a significant milestone for the junior miner. The company completed the $115 million construction in 22 months, meeting both timeline and budget targets despite operating in what was previously considered a challenging infrastructure environment.The plant has reached nameplate capacity of 1,950 tons per day, currently processing material at approximately 2 g/t. Erdene is systematically increasing feed grades toward the 3.8 g/t reserve grade, targeting commercial production declaration by April 2026. The company transitioned from bulk mining during commissioning to selective high-grade operations, though technical refinements continue around blasting optimization and material handling.The operating subsidiary carries $123 million in debt, comprising a $50 million commercial loan and approximately $60 million in shareholder loans from partner Mongolian Mining Corporation. Despite debt service obligations, partners approved a $10 million exploration budget for 2026, reflecting confidence that operations have achieved self-sustaining status.Erdene's growth pipeline includes the Dark Horse satellite deposit containing 48,000 ounces at 7 g/t, scheduled for year-three production. The company is evaluating plant expansion options including gravity circuit additions and heap leach processing for oxide material. Major development projects include the Altan Nar gold-copper project advancing toward feasibility over three years and the Zuun Mod molybdenum-copper system delivering a preliminary economic assessment by mid-2026.The strategic context has improved significantly since project conception. Infrastructure constraints that historically challenged southwestern Mongolia are being resolved through Chinese border power connectivity and road construction. Gold prices above $2,600 versus the $1,860 reserve base definition create substantial margin expansion potential, while lower cutoff grades expand the economic envelope across multiple deposits. CEO Peter Akerley describes the strategy as building "a new minerals district in southwestern Mongolia that ultimately will be a multi-mine producer of multiple commodities."View Erdene Resource Development's company profile: https://www.cruxinvestor.com/companies/erdene-resource-developmentSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
2026 Precious Metals Strategy: Platinum Opportunity, Silver-Gold Caution, and Macro Tailwinds

CruxCasts

Play Episode Listen Later Jan 13, 2026 30:35


Recording date: 17th December 2025Olive Resource Capital's leadership team has delivered a nuanced precious metals outlook for 2026 that challenges conventional wisdom whilst identifying specific opportunities backed by fundamental analysis. In this latest Compass podcast, President and CEO Sam Pelaez alongside Executive Chairman Derek Macpherson presented a framework emphasizing selectivity over broad-based precious metals enthusiasm.The firm's highest-conviction call centres on platinum, which Macpherson identified as his top commodity pick for 2026. The case rests on three pillars: persistent market deficits, tight physical supply, and anticipated policy shifts. "The market's in deficit. It's a small market and it's tight," Macpherson explained, before highlighting a critical catalyst: "I think we're going to see some of these EV mandates are going to get rolled off. More ICE engines by 2030 or 2035 are going to evaporate." This reassessment of aggressive electric vehicle timelines supports continued internal combustion engine production, sustaining autocatalyst demand for platinum and palladium. Olive maintains significant positioning in the PGM complex to capture this opportunity.The macroeconomic foundation underpinning precious metals remains robust despite consensus recession fears. Pelaez articulated the firm's contrarian economic view: "I think the global economy surprises to the upside. The general consensus is bearish. The GDP now for the Atlanta Fed is over 3%. The Treasury and the Fed are injecting liquidity right now. China is on an expansionary fiscal policy." Macpherson reinforced this perspective, noting unprecedented global deficit spending: "China's got a trillion dollars worth of stimulus, the US is spending money like it's going out of style. The Europeans all went into deficit spending to fund their defense efforts."This liquidity-driven environment creates favourable conditions for hard assets, though Olive's leadership expects commodity market leadership to potentially rotate from precious towards industrial metals. Gold maintains its portfolio role despite moderated return expectations following 2025's exceptional 60% advance, with Pelaez noting that reduced speculation in precious metals need not preclude continued gold strength supported by central bank buying and monetary accommodation.Perhaps most controversially, both executives expect silver to disappoint investors in 2026 despite positive fundamentals. Pelaez explained: "Every person on the planet seems to be uber-ultra-mega bullish silver. I'm not saying I think silver is going to go down necessarily, but it's going to be the most disappointing because the expectations for it are so high." Technical analysis suggests silver "has already corrected up to the average" based on 25 years of volume-weighted data against gold, with "the biggest move in silver" having "already occurred literally over the past eight weeks."Macpherson acknowledged tactical opportunities, expecting a "blowoff top in silver at a higher price than where we are right now," but anticipates year-end underperformance following silver's characteristic pattern of spiking then rolling off. Olive maintains silver exposure to capture near-term momentum whilst preparing to reduce positions.The firm's strategy emphasises diversified mining equities as preferred investment vehicles, highlighting Ivanhoe Mines with its PGM production "coming online at a perfect time when the market is moving higher." This approach provides leveraged precious metals exposure whilst managing single-commodity risk through companies with multiple revenue streams and operational catalysts.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
The 2026 Fiscal Stimulus and Contrarian Course on the Commodities Markets

CruxCasts

Play Episode Listen Later Jan 13, 2026 30:50


Recording date: 23rd December 2025Olive Resource Capital executives are positioning against consensus views heading into 2026, predicting commodity strength driven by unprecedented fiscal stimulus rather than the widely anticipated recession that has dominated economic forecasts for three consecutive years.Sam Pelaez, President, CEO, and CIO, identified oil as his top commodity performer despite—or rather because of—overwhelming bearish sentiment. With Atlanta Fed GDP tracking above 3%, Federal Reserve liquidity injection, and Chinese expansionary fiscal policy, Pelaez argues the global economy will surprise to the upside. He characterised oil as "the most hated commodity" trading in oversold conditions, positioning it for recovery as excessive negative positioning unwinds against improving fundamental backdrop.Executive Chairman Derek Macpherson selected platinum as his best performer, citing structural market deficits and anticipated regulatory shifts. The critical catalyst involves potential rollback of electric vehicle mandates eliminating internal combustion engines by 2030-2035. Such policy reversals would extend ICE production timelines, directly supporting platinum demand through catalytic converter applications in a tight, supply-constrained market.In their most controversial prediction, both executives identified silver as likely to disappoint relative to extremely bullish expectations. Pelaez noted that 25-year volume-weighted data suggests silver has already corrected to average levels, with the biggest move occurring over the past eight weeks. He anticipates commodity leadership rotating from precious metals to industrial commodities as economic growth accelerates, reducing speculative interest in silver despite positive underlying fundamentals.The executives' no-recession call underpins their constructive commodity stance. Macpherson emphasized unprecedented government deficit spending globally—China's trillion-dollar stimulus, aggressive US spending, European defense funding—combined with Federal Reserve rate cuts creates liquidity-driven conditions favouring commodity performance. He stated this liquidity flow makes recession unlikely despite three years of predictions, instead creating stagflation environment supporting material demand.Specific equity opportunities include Ivanhoe Mines as top portfolio performer, offering exposure to one of the world's five largest copper mines with smelter entering commercial production this quarter, plus PGM phase one commissioning and premier zinc deposit. Pelaez highlighted severe scarcity of investable copper opportunities enhancing Ivanhoe's positioning.Merger and acquisition targets identified include Arizona Sonora in copper, where Rio and Hudbay involvement creates competitive tension and neighbour Ivanhoe Electric requires the asset for project viability. In gold, Aurion Resources adjacent to Rupert Resources in Finland faces increasing opportunity cost of inaction after 24 months without transaction. CANEX Metals pursuing hostile merger with Gold Basin neighbour represents classic merger arbitrage opportunity with potential dollar valuation from current 15-16 cent levels.Contrarian dark horse positions suggested in deeply depressed nickel and lithium markets, where extreme bearish sentiment and technical oversold conditions may create rebound opportunities despite uncertain fundamental timing.Geopolitical wild card involves potential Ukraine peace resolution, which executives believe would trigger reconstruction-driven commodity demand surge rather than market weakness from returning Russian supply. They note Russian oil already trades globally at discounts, suggesting peace could actually tighten markets as Russia reprices exports.The Olive Capital framework prioritises positioning against sentiment extremes—buying oversold energy whilst tempering precious metals expectations—rather than confident directional forecasts, explicitly acknowledging uncertainty whilst providing actionable investment thesis for navigating 2026 commodity markets.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Banyan Gold (TSXV:BYN)- 7.6M oz Yukon Gold Project Advances Toward H2 2026 PEA

CruxCasts

Play Episode Listen Later Jan 13, 2026 29:51


Interview with Tara Christie, President & CEO of Banyan Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/banyan-gold-tsxvbyn-high-grade-explorer-attracts-institutional-interest-with-76m-oz-resource-7940Recording date: 30th December 2025Banyan Gold (TSXV:BYN) has emerged as a compelling opportunity in North America's gold development space, hosting 7.6 million ounces across 2.2 million indicated and 5.4 million inferred resources at its road-accessible AurMac project in Canada's Yukon Territory. The company closed 2025 with nearly $40 million in treasury following strategic financings, including backing from Peruvian mining family Alpayana, positioning it to execute an aggressive 40,000-meter drill program in 2026 at efficient costs of $350 per meter.Management implemented a transformative geological model in 2025 that identifies predictable high-grade zones exceeding 1 gram per ton gold. This technical advancement enables focused drilling on areas that will drive early mine economics through starter pits, converting previously classified waste blocks to ore while expanding deposit boundaries. The company shifted its development strategy from heap leaching to conventional milling with gravity-CIL processing, delivering 93% recovery rates and reducing technical risk for future partners.A preliminary economic assessment scheduled for second half 2026 represents a critical milestone, utilizing gold price assumptions around $3,000 per ounce versus the $2,050 used in current resource estimates. This higher pricing could substantially expand pit shells and highlight project economics at a time when major producers desperately need large-scale assets in secure jurisdictions.An unexpected silver discovery adds further upside, with intercepts reaching 14 kilograms per ton within broader high-grade zones. With silver trading at multi-year highs, this mineralization could materially enhance project value.Trading at approximately 0.16 times net asset value compared to peer averages of 0.4, Banyan presents significant valuation upside. The combination of existing infrastructure including hydroelectric power, a mining-friendly Yukon government, district-scale potential, and completed metallurgical derisking positions the company as an attractive M&A candidate for majors seeking reserve replacement in Tier 1 jurisdictions.View Banyan Gold's company profile: https://www.cruxinvestor.com/companies/banyan-gold-incSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Olive Resource Capital Explain Their Biggest Wins and Lessons from 2024-2025

CruxCasts

Play Episode Listen Later Jan 13, 2026 45:58


Recording date: 28th December 2025Samuel Pelaez, President & CEO, and Derek Macpherson, Executive Chair, at Olive Resource Capital conducted a comprehensive year-end review of their investment decisions spanning July 2024 through September 2025, providing transparent insights into both successful calls and missed opportunities during a significant precious metals bull market.The portfolio's standout performer was Omai Gold Mines, delivering a 10x return from an initial $0.125 position established in July 2024. Pelaez emphasized that success stemmed not merely from stock selection but from conviction-based holding through the development phase. "We had conviction for it as well, right? We held," Macpherson explained, highlighting their philosophy of establishing positions in quality juniors before momentum develops rather than chasing running stocks.Mid-tier producers with embedded growth optionality proved highly profitable. K92 Mining, Aris Mining, and AngloGold Ashanti each delivered 220-260% returns, outperforming the GDX benchmark's 130% gain by a 2:1 ratio. These companies shared underappreciated expansion projects with capital already invested that markets had failed to recognize.Post-U.S. election investments capitalized on anticipated permitting improvements. Arizona Sonoran Copper appreciated from $1.29 to over $5.00, while AngloGold Ashanti surged from $21 to $91—a remarkable 300% return on a multi-billion dollar company.The managers candidly acknowledged execution shortfalls. They missed substantial returns on Fresnillo, which appreciated 500% after they correctly identified it as undervalued but failed to act. Position sizing emerged as a recurring issue, with inadequate allocations to highest-conviction names limiting overall portfolio impact.Olive's perpetual capital structure proved advantageous during April 2025's tariff-related volatility. Without redemption pressures, the managers deployed cash opportunistically during market dislocations, capturing the subsequent rally that traditional funds missed.Macpherson cautioned against overconfidence: "It's very easy when you get into a market like this to confuse a bull market for brains." Both managers emphasized systematic portfolio review as essential for understanding investment discipline, risk tolerance, and identifying areas for improvement in future market cycles.Sign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Integra Resources (TSXV:ITR) - Gold Producer Eyes Multi-Asset Expansion With 400% Cash Flow Growth

CruxCasts

Play Episode Listen Later Jan 13, 2026 24:59


Interview with George Salamis, President & CEO of Integra Resources Corp.Our previous interview: https://www.cruxinvestor.com/posts/integra-resources-tsxvitr-growing-gold-producer-with-63m-treasury-8093Recording date: 5th January 2026Integra Resources has successfully completed its transformation from developer to established gold producer, delivering a 400% increase in adjusted cash flow year-over-year during 2025 while consistently meeting production guidance across four consecutive quarters at its Florida Canyon operation in Nevada's Great Basin.CEO George Salamis outlined how 2025 focused on stabilizing the asset after years of underinvestment by previous owners, addressing deferred maintenance through fleet equipment replacement, water infrastructure development, and catch-up capitalized stripping work. "We made that transition in late 2025, transitioning from sort of pure developer to cash flow and producer. And I think we proved that throughout the course of the year," Salamis explained.The company's mid-2026 feasibility study for Florida Canyon will demonstrate significant expansion potential, incorporating exploration success, mine life extension, and approximately 50 million tons of previously uneconomic low-grade stockpile material now viable at current gold prices. This material's proximity to heap leach pads eliminates costly multi-kilometer haulage distances, creating meaningful operational efficiencies.DeLamar, Integra's flagship development project, advanced substantially with delivery of a robust feasibility study showing $775 million base case NPV ($1.8 billion at spot prices) and 46% after-tax IRR. The simplified two-phase heap leach design reduces upfront capital requirements and development risk compared to the previous single-pad configuration. The project enters federal NEPA permitting in 2026, with management expecting significantly shorter timelines than historical 2-3 year durations due to the current administration's focus on accelerating domestic mining approvals.Nevada North, located just 26 miles from Florida Canyon, will advance from preliminary economic assessment to pre-feasibility study during 2026, offering additional growth optionality with infrastructure synergies.Integra's self-funding capability from Florida Canyon operations eliminates dilution concerns while enabling simultaneous advancement of its three-asset portfolio, positioning the company as a multi-asset gold producer in one of North America's premier mining jurisdictions.View Integra Resources' company profile: https://www.cruxinvestor.com/companies/integra-resourcesSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Adyton Resources (TSXV:ADY) - Partner-Funded Mine Restart Bankrolls Flagship Discovery Program

CruxCasts

Play Episode Listen Later Jan 13, 2026 33:36


Interview with Tim Crossley, MD of Adyton Resources Corp.Our previous interview: https://www.cruxinvestor.com/posts/adyton-resources-ady-gold-copper-with-near-term-production-2290Recording date: 7th January 2026Adyton Resources (TSXV:ADY) is executing a differentiated strategy in Papua New Guinea's gold sector that combines near-term production with significant exploration upside. Managing Director Tim Crossley, who brings extensive operational experience from BHP and over a decade of PNG-specific expertise, has structured the company to advance on two parallel tracks without compromising either objective.'The cornerstone of this approach is an innovative joint venture structure on Fergusson Island with East Vision Investment Holdings, a Singaporean-Chinese group that recently completed a 50-megawatt hydropower project in PNG. This asset-level JV fully funds development to production, with East Vision earning into 50% ownership by meeting milestones. The initial target is the Wapolu project, a former producing mine with existing infrastructure including tailings impoundments, airstrip, and wharf facilities. Production is targeted for October 2026 at approximately 15,000 ounces annually, with the higher-grade Gameta project following 12-15 months later to bring total production to over 80,000 ounces per year.Critically, this JV-funded production pathway preserves Adyton's entire balance sheet for exploration at Feni Island, the company's flagship asset. Following a CAD$20 million raise in August 2025, the company has deployed over 8,000 meters of drilling since March, testing targets across a whole-of-island land package in what Crossley describes as "a 120 million ounce discovery belt" between Lihir and Bougainville. A mineral resource estimate update is planned for late 2026, with the ultimate goal of proving a 5+ million ounce resource with copper credits.The island-based operations provide distinct advantages: barge mobilisation eliminates helicopter costs, and ocean transit requires no customary landowner consents, simplifying social license compared to mainland operations. With Fergusson cash flows potentially funding continued Feni exploration without further dilution, Adyton is positioning itself to transition from explorer to producer while maintaining substantial discovery optionality in one of the world's most prospective gold belts.View Adyton Resources' company profile: https://www.cruxinvestor.com/companies/adyton-resources-corporationSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Ajax Resources (AQSE:AJAX) - Drilling Historic Argentine Copper Projects

CruxCasts

Play Episode Listen Later Jan 13, 2026 36:15


Interview with Ippolito Ingo Cattaneo, CEO of Ajax ResourcesRecording date: 9th January 2026Ajax Resources plc, a London-listed natural resources investment company with a £6 million market capitalisation, has positioned itself as an opportunistic acquirer of undervalued South American mining projects. With £2.5 million in cash and a portfolio spanning Argentina and Brazil, the company is executing a strategy centred on acquiring technically advanced assets at significant discounts to their historical expenditure.CEO and largest shareholder Ippolito Ingo Cattaneo, who owns 18.38% of the company, explained the investment thesis: "The goal is to focus on assets that have a high historical expenditure. We acquire projects that have a latent value which simply hasn't been realised and opportunistically acquire them from companies that may have undergone board changes, strategy changes or are simply not performing."The company's flagship Eureka copper-gold project in Jujuy Province, Argentina, exemplifies this approach. Despite 400 years of artisanal mining history, the project has never been drill-tested with modern methods. Ajax acquired all 12 licenses from Bezant Resources for just £170,000—a fraction of the $8 million paid in 2010. Equipment is currently being mobilised for a 1,500-meter initial drilling program, with a maiden JORC-compliant resource estimate targeted for mid-2026.The recent acquisition of the Pereira Velho gold project from Appian Capital Advisor provides strategic validation. Appian, a major private equity group specialising in mining investments, accepted predominantly equity consideration and will become a significant shareholder—an unusual arrangement that endorses Ajax's capabilities. The project sits 20 kilometers from the Serrote mine, which Appian sold in May 2025 for $420 million after acquiring it for $30 million in 2018.Ajax's board-driven structure, with directors predominantly compensated in equity rather than cash, aligns management incentives with shareholder value creation. The company has raised approximately £3.6 million across three funding rounds since 2022, with the board consistently contributing significant capital. Cattaneo's ambitious target is clear: transform Ajax from its current £6 million valuation to a £100 million market capitalisation through disciplined execution and near-term production, leveraging Argentina's political transformation under President Milei and favorable copper market fundamentals.Sign up for Crux Investor: https://cruxinvestor.com

CruxCasts
White Gold (TSXV:WGO) - 25,000M Program Targets Resource Growth in Underexplored Klondike District

CruxCasts

Play Episode Listen Later Jan 13, 2026 27:09


Interview with Dylan Langille, VP Exploration of White Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/white-gold-corp-tsxvwgo-23m-financing-funds-major-drill-program-at-yukon-gold-project-8485Recording date: 8th January 2026White Gold Corp is embarking on an aggressive expansion program under new exploration leadership, targeting significant growth of its 3-million-ounce gold resource across a vast 300,000-hectare land package in west-central Yukon. The junior explorer has recruited Dylan Langille, who brings proven discovery credentials from seven years at Kinross's Great Bear project, where he helped grow the resource from 5 million to 7 million ounces following the company's $1.8 billion acquisition.The company recently secured $23 million in financing to fund 25,000 to 30,000 meters of drilling in 2027—representing 30% of all historical drilling across its four flagship deposits. This program focuses exclusively on resource expansion rather than infill, with Langille emphasizing that "2026 is going to be focused strictly on growth." The strategy reflects management's assessment that demonstrating scale potential takes precedence at this stage, particularly given the limited drilling to date. Golden Saddle, which contains 2.1 million ounces, has only 60,000 meters of drilling, while Arc has been tested to just 120 meters vertical depth across a 1.5-kilometer strike length.A key near-term catalyst is the maiden preliminary economic assessment expected in the first half of 2027, driven by Golden Saddle's high-grade core containing 1.1 million ounces at 3 grams per ton and 700,000 ounces at 5 grams per ton. This exceptional grade is expected to support robust economics even before the planned resource expansion.White Gold also benefits from significant infrastructure developments in the district. Neighboring Fuerte Metals plans a production decision by 2027 at its Coffee deposit, including road construction through White Gold's property portfolio. This infrastructure fundamentally changes the economic equation for satellite discoveries, potentially enabling toll-milling arrangements that make smaller deposits economically viable.The company's systematic approach to district-scale consolidation positions it to unlock value in a historically productive but technically underexplored region that has produced over 25 million ounces of placer gold.View White Gold's company profile: https://www.cruxinvestor.com/companies/white-gold-corpSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
G2 Goldfields (TSX:GTWO) - Sector Leading Economics as PEA Reports $2.6 billion NPV

CruxCasts

Play Episode Listen Later Jan 13, 2026 26:57


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

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The Investment Case for Platinum & Palladium Investment in 2026

CruxCasts

Play Episode Listen Later Jan 13, 2026 30:49


Interview withStefan Gleason, CEO of Money Metals ExchangeNick Smart, Director & CEO of ValOre MetalsRecording date: 7th January 2026Platinum group elements have emerged from years of undervaluation into what industry executives describe as a fundamental supply-demand inflection point. The second half of 2025 witnessed platinum prices nearly double, driven by structural changes across industrial, jewelry, and investment demand against severely constrained supply. For investors seeking precious metals exposure with distinct fundamentals from gold, the platinum story presents a compelling case rooted in geological scarcity, industrial necessity, and market imbalances forecast to persist through 2030.The supply challenge stems from extreme geological concentration combined with economic realities. While platinum occurs in earth's crust at similar abundance to gold—a few parts per billion—concentrated economic deposits are far scarcer. Global primary platinum production totals just 6 million ounces annually versus 120-130 million ounces for gold. More critically, 90% of platinum reserves sit within South Africa's Bushveld Complex, where aging deep-level underground mines face rising costs and operational difficulties. Outside South Africa, platinum production occurs primarily as a mining byproduct, meaning supply cannot respond to price signals. As Stefan Gleason, CEO of Money Metals Exchange notes, even prices ten times higher won't trigger meaningful supply responses given massive underinvestment and geopolitical constraints.Demand dynamics have shifted dramatically across three sectors. Industrial demand is strengthening contrary to earlier electric vehicle projections, with 75% of new US vehicles remaining internal combustion engines while hybrids—which consume more platinum and palladium than conventional engines—represent the fastest-growing automotive segment globally. Major manufacturers like Ford and Volkswagen are shifting production lines toward hybrids due to superior profit margins and customer acceptance. Nick Smart, CEO of ValOre Metals and a 21-year Anglo American veteran, emphasizes this durability stems from infrastructure limitations and automotive economics.The jewelry sector presents another growth vector as gold reaches twice platinum's price—a relationship inverted only in the past decade. Manufacturers and consumers in India and China are shifting to platinum for cost relief while maintaining luxury appeal, with platinum offering white gold substitution at less than half gold's cost. Investment demand, while currently small at roughly 1% of precious metals sales, is maturing rapidly. China has opened platinum hedging markets, creating what Gleason describes as "a three-way pull" between London shortages, US inventory builds, and new Chinese infrastructure.Physical market stress signals are acute. Above-ground inventories have fallen below six months of supply—what Gleason characterizes as "totally unsustainable." London financing shortages have driven lease rates to 12-15% annualized, creating cascading effects across refineries, users, and producers. The entire above-ground platinum supply could be absorbed with just $6 billion in capital.Looking forward, market forecasts project persistent deficits of approximately 700,000 ounces annually through 2030 against total production of 6 million ounces, even accounting for all known development projects. Ivanhoe's Platreef Mine represents the only recently commissioned PGE project, taking decades to reach its 300,000-ounce phase one capacity. Smart acknowledges the difficulty: "It's very difficult to see how that deficit gets bridged."For investors, the investment thesis centers on structural supply-demand arithmetic rather than speculative narratives. The combination of geological concentration, years of underinvestment, resilient automotive demand, jewelry substitution, and emerging investment infrastructure creates conditions for sustained revaluation. Recommended allocation strategies include 1-2% of precious metals holdings through physical platinum for long-term holding or mining equities focused on projects outside South Africa for geographical diversification.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Marimaca Copper (TSX:MARI)- Permitted Project Eyes 2026 Build Start

CruxCasts

Play Episode Listen Later Jan 13, 2026 23:10


Interview with Hayden Locke, President & CEO of Marimaca Copper Corp.Our previous interview: https://www.cruxinvestor.com/posts/marimaca-copper-tsxmari-superior-grades-add-upside-to-december-2025-pea-target-8544Recording date: 9th January 2026Marimaca Copper enters 2026 positioned to transition from explorer to developer following three critical achievements in 2025. The company completed its Definitive Feasibility Study for the flagship Marimaca oxide project, demonstrating industry-leading capital costs under $600 million USD and competitive operating metrics. Environmental approval was secured, clearing a major permitting hurdle that often delays mining projects. Most significantly, the company made what CEO Hayden Locke describes as a potential tier-one discovery at Pampa Medina, containing multiple million tons of copper across a 3-kilometer by 1.5-kilometer mineralized area.The company raised $80 million CAD in oversubscribed financing from Australian and US investors, providing comfortable runway through detailed engineering without near-term dilution concerns. Management plans to pursue construction financing throughout 2026 while prioritising shareholder-friendly structures. This financial cushion allows the team to focus on engineering maturity and robust risk management systems before committing significant capital.Marimaca's development philosophy emphasises operational simplicity over engineering elegance. As a first-time builder, management is willing to sacrifice marginal capital savings if cost reductions materially increase operational risk. The company plans to spend 2026 increasing engineering detail and implementing monitoring systems capable of tracking daily progress, spending, and budget variances. This measured approach targets build-ready status by late 2026, resisting pressure to rush production despite favorable copper markets.The Pampa Medina discovery validates a two-pronged growth strategy. The oxide portion offers near-term expansion potential, growing production from 50,000 to 70-75,000 tons of copper cathode annually. Every drill hole across 20-plus attempts has hit mineralised sedimentary horizons, representing an exceptional exploration hit ratio. The broader sulfide resource provides longer-term strategic upside, though development will naturally lag several years behind the main oxide project.With copper prices strengthening significantly above the DFS assumption of $4.30 per pound, Marimaca benefits from favorable market timing as global electrification drives structural demand growth while new supply remains constrained. The company's disciplined capital approach and focus on execution quality position it to navigate the challenging transition from developer to producer while maintaining the operational robustness necessary for long-term success.View Marimaca Copper's company profile: https://www.cruxinvestor.com/companies/marimaca-copperSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Olive Resource Capital Reports 151% Return for 2025, Eyes M&A Wave in 2026

CruxCasts

Play Episode Listen Later Jan 13, 2026 25:08


Recording date: 12th January 2026Olive Resource Capital delivered exceptional performance in 2025, reporting a 151% return after all fees and expenses, significantly outperforming commodity benchmarks despite maintaining only 50% precious metals exposure. The fund's diversified approach across gold, copper, and other commodities demonstrated the value of strategic stock selection during a favorable commodity cycle.Executive Chairman Derek Macpherson and President & CEO Samuel Pelaez announced the results in their January 12, 2026 investment update, highlighting December's 11% gain that capped a strong fourth quarter. The impressive investment performance translated directly to shareholder value, with the stock price appreciating 240% during 2025. This helped compress the fund's discount to net asset value from approximately 40% at year-start to an estimated 60-70% by year-end, though meaningful upside remains if shares continue converging toward full NAV.Looking ahead to 2026, management expects increased merger and acquisition activity driven by record free cash flow generation at major producers. Gold prices averaged $4,100-4,300 per ounce in Q4 2025, approximately $500 above Q3 levels, creating substantial acquisition capital. The combination of elevated commodity prices and three consecutive years of declining oil costs has expanded operating margins significantly across the sector.Key portfolio holdings exemplify Olive's investment thesis. K92 Mining produced 47,000 ounces in 2025 at 8 grams per tonne while advancing multiple expansion phases with internal funding. Ivanhoe Mines announced full financing for its Platreef PGM project's phase two expansion, targeting 450,000 ounces by late 2027 en route to becoming the world's largest primary platinum group metals operation. Arizona Sonoran Copper is negotiating to terminate joint venture encumbrances, potentially clearing obstacles for strategic alternatives.Management identified a valuation gap between gold producers trading at 7-12 times earnings versus the S&P 500's 13-14 times multiple, suggesting room for continued sector appreciation as generalist investors recognize improving fundamentals and robust cash generation across commodity producers.Sign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Tudor Gold (TSXV:TUD) - Developer Eyes 300K Oz/Year Production

CruxCasts

Play Episode Listen Later Jan 13, 2026 20:21


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

CruxCasts
New Found Gold (TSXV:NFG) - 2025's Strategic Transformation to 2026 Production

CruxCasts

Play Episode Listen Later Jan 12, 2026 19:47


Interview with Keith Boyle, Director & CEO of New Found GoldOur previous interview: https://www.cruxinvestor.com/posts/new-found-gold-tsxvnfg-high-grade-strategy-meets-near-term-cash-flow-8695Recording date: 9th January 2026New Found Gold is executing a comprehensive transformation from pure exploration company to emerging gold producer, driven by a complete leadership overhaul and strategic acquisitions designed to accelerate the path to cash flow.The most significant change began with a complete board renewal in December 2024, followed by the appointment of CEO Keith Boyle in January 2025. "They brought me in January of 25, the mandate being let's get the gold, let's get to production," Boyle explained. "We were an exploration company and had been doing that for five years since discovering the Queensway deposit and so it was time to make that shift."The new leadership team brings proven operational credentials. Chief Operating Officer Robert Assabgui previously served as VP of Hudbay's Manitoba division, where he brought the Lalor mine into production. CFO Hashim Ahmed brings project financing expertise from Mandalay Resources and Jaguar Mining. The board now includes former Newfoundland Premier Andrew Furey and experienced mining executives Tamara Brown, Chad Williams, and Allan Palmir.A pivotal strategic move was acquiring Maritime Resources' Hammerdown mine and milling facilities. Hammerdown is targeting steady-state production by mid-2026, providing near-term cash flow that will reduce external financing requirements for the flagship Queensway project. "At these gold prices, it really is going to help us in being able to manage the amount of money that we have to raise externally," Boyle noted.For Queensway, the company released a mineral resource estimate and preliminary economic assessment in July 2025, which helped secure $87 million in financing. Final Investment Decision is targeted for H2 2026, with environmental assessment submission planned for Q1 2026. The company expects favorable permitting timelines in mining-friendly Newfoundland, potentially enabling construction commencement in late 2026.Despite the production focus, New Found Gold maintains aggressive exploration commitments. "We still want to keep the drill bit turning to find that game-changing, that Swan Zone, that next big one, because it will create that additional value for us," Boyle emphasized, highlighting the camp-scale potential of the land package.View New Found Gold's company profile: https://www.cruxinvestor.com/companies/new-found-goldSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
P2 Gold (TSXV:PGLD) - Proven Team Pushes Towards 2028 Production

CruxCasts

Play Episode Listen Later Jan 12, 2026 19:05


Interview with Joseph Ovsenek, President & CEO of P2 Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/p2-gold-tsxvpgld-pitch-perfect-december-2025-8840Recording date: 11th January 2026P2 Gold Inc. (TSXV: PGLD) represents a compelling Nevada gold-copper development opportunity distinguished by experienced management, near-term production timelines, and substantially improved project economics under current commodity prices. The company is advancing its Gabbs project toward a 2028 first gold pour - less than three years from present - leveraging Nevada's efficient permitting framework and a management team with demonstrated capability in compressed project execution.The management team, led by President and CEO Joseph Ovsenek, brings over 20 years of collective experience including taking Pretium Resources' Brucejack project from discovery to cash-flowing production in under eight years. This track record contradicts industry conventional wisdom of 15-16 year development timelines and provides confidence in the team's ability to execute on aggressive schedules whilst maintaining technical rigour. The team previously contributed to growing the now SSR Mining from $50 million to $2 billion market capitalization whilst establishing multiple producing assets.P2 Gold systematically addressed legacy capital structure issues throughout 2025, eliminating Waterton Precious Metals' 23-million-share overhang and preparing to retire a convertible debenture maturing January 2026. Management's 16.5% ownership stake demonstrates strong alignment with shareholders, whilst the cleaned-up balance sheet removes near-term financing pressures and valuation constraints.The Gabbs project currently hosts 1.2 million ounces of gold equivalent in the indicated resource category plus 2.25 million ounces inferred. A 15,000-metre drilling programme commenced October 2025 aims to convert inferred resources into the indicated category required for feasibility-level mine planning, with completion expected February 2026. The porphyry-type mineralisation demonstrates exceptional geological consistency, with drilling results consistently meeting expectations for grade, depth, and continuity, significantly reducing technical risk.Project economics have transformed under current commodity prices. The October 2025 preliminary economic assessment assumed $1,950 gold, $4.50 copper, and $25 silver, outlining a 14-year mine life producing 109,000 ounces gold and 33 million pounds copper annually from 9 million tonnes throughput. At current spot prices, first-year gross revenues could approach $900 million, enabling initial capex recovery within 5-6 months versus multi-year payback under PEA assumptions. This creates optionality to accelerate mill construction (originally year 6) and evaluate higher throughput scenarios of 11-12 million tonnes annually, potentially boosting gold production toward 150,000 ounces, repositioning Gabbs as a mid-tier rather than smaller-scale producer.The company is pursuing proactive dual-track permitting and technical work designed to compress development timelines. P2 Gold is preparing its Mining Plan of Operations whilst having already initiated environmental baseline studies despite not yet formally filing for environmental permits. Management targets environmental permit receipt by end-2027, enabling 2028 production—a timeline leveraging Nevada's reputation for mining-friendly regulation.Funding through feasibility study completion is secured via the autumn 2025 raise plus expected warrant exercises, eliminating near-term dilution concerns. For construction financing, management will prioritise speed over minimising capital costs, recognising that accelerated production timelines can justify premium financing terms by bringing forward cash flows and reducing market exposure.P2 Gold offers investors exposure to Nevada gold development with multiple catalysts over 24-36 months including feasibility study completion, resource expansion, permitting milestones, and potential strategic interest from larger producers seeking Nevada-based assets with clear production timelines and experienced management.View P2 Gold's company profile: https://www.cruxinvestor.com/companies/p2-goldSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Hycroft Mining (NASDAQ:HYMC) - Nevada Giant Eliminates Debt, Targets 2026 Production Milestone

CruxCasts

Play Episode Listen Later Jan 12, 2026 32:12


Interview with Diane R. Garrett, President & CEO of Hycroft MiningOur previous interview: https://www.cruxinvestor.com/posts/hycroft-mining-nasdaqhymc-pitch-perfect-december-2025-8886Recording date: 9th January 2026Hycroft Mining has executed a remarkable corporate turnaround in 2025, transforming from a debt-burdened developer into a well-capitalized exploration story commanding over $2 billion in market capitalization. The Nevada-based company eliminated all inherited debt that was accruing at 10% interest, triggering an immediate share price rerating and attracting blue-chip institutional investors who now comprise over 80% of shareholders.Under President and CEO Diane Garrett's leadership, the company made its most significant discoveries in over 40 years of site history. The team identified two high-grade silver systems - Brimstone and Vortex - achieving over 90% drill success rates. These continuous, wide vein systems represent the high-grade cores feeding Hycroft's world-class resource of over 10 million ounces of gold and nearly 400 million ounces of silver.The company's financial position provides substantial flexibility, with approximately $200 million in cash including warrant exercises, offering 3+ years of runway with no dilution planned. Management has accelerated exploration from one drill rig to four, rapidly developing resource definition to support production decision-making.Hycroft possesses critical infrastructure advantages worth nearly $1 billion, including complete permitting, existing leach pads, crushing facilities, and two processing plants. This positions the company years ahead of development peers. Metallurgical work on pressure oxidation is complete, while roasting studies continue - the latter potentially generating a third revenue stream through sulfuric acid sales to lithium and fertilizer industries.The company is pursuing a phased development strategy to minimize shareholder dilution. Near-term options include restarting heap leach operations within six months using existing material and infrastructure, followed by high-grade underground mining with lower capital requirements and superior early cash flows. This approach mirrors management's proven Romarco Minerals playbook, where they successfully transformed a perceived low-grade project into a tier-one discovery.Engineering studies are nearing completion for Q1 2026 release, with management maintaining that proper sequencing and thorough technical work minimize execution risk while advancing toward production decisions.View Hycroft Mining's company profile: https://www.cruxinvestor.com/companies/hycroft-mining-holding-corporationSign up for Crux Investor: https://cruxinvestor.com

TD Ameritrade Network
2026 Sectors to Watch: Uranium, Metals, AI Support

TD Ameritrade Network

Play Episode Listen Later Jan 2, 2026 9:42


Wayne Penello looks at the structure of the market to set up his long-short fund. “The real interesting segments” are the ones supporting AI, he says, highlighting uranium energy. He also notes shifting from digital currencies to metals like gold and silver. Everyone has “already anticipated a perfect scenario” in macro conditions but is underestimating economic growth, he argues.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

The Apocalypse Post / Legends of Wasteland City
A Visit to Uranium Springs with Adam and Lawless.

The Apocalypse Post / Legends of Wasteland City

Play Episode Listen Later Jan 1, 2026 98:47


Uranium Springs hosts Detonation among other post-apocalyptic festivals throughout the year. MakeShift and Winks pay a visit to the land's steward - Rev'rend Lawless, and are joined by former Wasteland Weekend Co-Owner and Art Director - Adam Chilson. We discuss how the land has grown over the years, due to the allowing of permanent builds on site, and get into desert survival and homesteading. They point out some differences the festivals offer while still paying tribute the event that inspired them. If you dig this channel and think I've earned your support, please consider joining my Patreon where you'll get early access to every video and be able to join the Patch of the Month Club ($8+ tiers). www.patreon.com/theapocalypsepost Find Detonation and the rest of their events at https://endofdays.us/

WTFinance
A Guide to Uranium Markets & Nuclear Economics with Justin Huhn

WTFinance

Play Episode Listen Later Dec 31, 2025 45:48


On this episode of the WTFinance podcast I had the pleasure of welcoming on Justin Huhn. Justin is the founder and publisher of Uranium Insider. During our conversation we spoke about the uranium market, fundamental risks, economics of nuclear and uranium mines, small modular reactors and more. I hope you enjoy!0:00 - Introduction 0:15 - Uranium market overview7:15 - Fundamental risks9:10 - Russia large exposure11:30 - Economics of Uranium mines21:23 - Fuel cost vs fossil fuels22:38 - Uranium miners outperformance28:55 - Modelling future demand35:45 - Small Modular Reactors37:14 - Uranium portfolios42:11 - One message to takeaway?Justin Huhn is a publisher and the founder of Uranium Insider Pro – the leading authority in Uranium market news and analysis of uranium sector equities. As a professional investor with a deep technical knowledge, he launched his newsletter ‘Uranium Insider Pro' in August 2019 to help others identify the best publicly traded companies in the space and clearly define the new market opportunities within the energy sector. As a recognized authority in the space, Justin's commentary is frequently sought out by media outlets. He has previously been featured on Crux Investor, Smith Weekly, KITCO, Palisades Radio, Mining Stock Education, and Mining Stock Daily Justin is passionate about enlightening investors about the present opportunities and value offered by exposure to uranium/uranium equities within the energy sector and seeks to inform investors about those situations that offer the best risk:reward profile.Justin Huhn - Website - https://www.uraniuminsider.com/X - https://x.com/uraniuminsiderLinkedIn - https://www.linkedin.com/in/justin-huhn-2b737b16/YouTube -  @UraniumInsider WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://discoveryalert.com.au/investments-uranium-resources-nuclear-growth/

X22 Report
[DS] Will Fight To Hide Their Treasonous Crimes From Being Exposed,Military Is The Only Way – Ep. 3797

X22 Report

Play Episode Listen Later Dec 16, 2025 99:54


Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureCalifornia is destroying their gasoline market, they want the state to own it, socialism. Oil prices are dropping, gas prices are dropping soon gas will be close to $1. Trump is reversing the [CB] illusion, jobs are being returned to the private sector. All in preparation to go back to the Constitution. The [DS] will continue to push back and try to delay everything Trump is trying to do. The House is prepared to make his EO into law, this will protect the country into the future. Trump had the real Generals stand behind him, these are the individuals that will protect the Republic from the [DS]. Trump is undoing decades of corruption, exposing the [DS] treasonous crimes, they will fight to hide their treasonous acts but this will fail. In the end the Military is the only way. Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/US_OGA/status/2000639453866651711?s=20 https://twitter.com/KobeissiLetter/status/2000951982874636662?s=20 https://twitter.com/profstonge/status/2000628845918265518?s=20 https://twitter.com/KobeissiLetter/status/2000925538131829101?s=20 https://twitter.com/RealEJAntoni/status/2000925018281402525?s=20 https://twitter.com/profstonge/status/2000952081012940948?s=20 https://twitter.com/RapidResponse47/status/2000966123274068007?s=20 https://twitter.com/RealEJAntoni/status/2000936248370717073?s=20 https://twitter.com/EricLDaugh/status/2000922549060858200?s=20   $2,000 per household, depending on the number of workers.” “[The economy] is gonna start lifting off in Q1 and Q2.” This is HUGE! Political/Rights https://twitter.com/KanekoaTheGreat/status/2000701268806062358?s=20 https://twitter.com/KanekoaTheGreat/status/2000713713423196652?s=20 https://twitter.com/KanekoaTheGreat/status/2000766725231665257?s=20 https://twitter.com/KnightsTempOrg/status/2000645606964933100?s=20 WEIRD? Police Publish and Quickly Delete Photos of Rob Reiner's Son Being Cuffed for Slaughtering Parents, Give No Explanation Nick Reiner, the 32-year-old son of liberal activist and famed director Rob Reiner, has been arrested and charged with the brutal murder of his parents. The LAPD Gang and Narcotics Division published dramatic photos of Nick's handcuffed arrest on Instagram on Monday, but quickly deleted them without explanation. Rob Reiner, 78, known for classics like The Princess Bride, Spinal Tap, and When Harry Met Sally, and his wife Michele Singer Reiner, 68, were found stabbed to death in their Brentwood, Los Angeles home on Sunday afternoon. The New York Post reports: Nick Reiner, whose face is blurred out, is seen being forced to the ground with his hands cuffed behind his back, according to one photo. Another snap showed law enforcement pushing the suspect against the front of a squad car. In the caption, the unit only identified the man as “a double homicide suspect.” The arrest was made by US Marshals with the assistance of the LAPD's robbery homicide division, according to the post. An LAPD spokesperson declined to comment when asked why the force's gang and narcotics unit deleted the arrest photo shortly after it was published. The since-deleted photos: Nick, who has long battled severe drug addiction starting in his teens, co-wrote and starred in the 2016 semi-autobiographical film Being Charlie, directed by his father, which chronicled a young man's struggles with substance abuse and rehab. Insiders report that Nick “really resented” his father and “hated himself for not being as successful,” amid ongoing family tensions. The night before the murders, Rob and Nick reportedly got into a “very loud argument” at Conan O'Brien's Christmas party, loud enough for other guests to notice. Source: thegatewaypundit.com https://twitter.com/nypost/status/2000870292227260695?s=20 https://twitter.com/barrycunningham/status/2000736216354853228?s=20   lists are…well you know. TAKE A LISTEN https://twitter.com/RealSLokhova/status/2000919590449394156?s=20 Real Texas Conservative  The tragic deaths of filmmaker Rob Reiner and his wife Michele on December 14, 2025, have cast a somber shadow over Hollywood, prompting reflections on legacy, loss, and the lingering scars of political division. In response, President Donald Trump’s Truth Social post on December 15, 2025 – framing their passing through the lens of “Trump Derangement Syndrome” (TDS) – has ignited controversy. Yet, when examined against the backdrop of Reiner’s decade-long barrage of vitriolic rhetoric against Trump, the statement emerges not as callous, but as an appropriate blend of pointed satire, genuine sympathy, and a timely concern for mental health. This piece builds an ironclad case for its fittingness, rooted in factual history, psychological insight, and legal precedent. To understand the appropriateness of Trump’s words, one must first confront the unyielding hostility Reiner directed at him since 2015. Reiner, celebrated for directing classics like “This Is Spinal Tap” and “The Princess Bride,” transformed into one of Trump’s most vocal detractors after his presidential candidacy. In a 2016 interview with The Hollywood Reporter, Reiner labeled Trump a “con man” and “dangerous,” warning he would erode democratic norms. This escalated over the years. By 2018, Reiner tweeted comparisons of Trump to Hitler, accusing him of fostering fascism and white supremacy. His 2024 documentary “God & Country” explicitly tied Trump’s influence to Christian nationalism, portraying it as a threat to American democracy. Reiner’s social media feed became a relentless stream of attacks, calling Trump a “pathological liar,” “sociopath,” and “existential danger” in posts that amassed millions of views. Even in 2025, shortly before his death, Reiner urged boycotts of Trump-related events, framing his re-election as apocalyptic. These were not isolated jabs but a sustained campaign, often personal and inflammatory, that Reiner himself admitted stemmed from deep-seated outrage. This history of antagonism, predominantly initiated by Reiner, sets the stage for why Trump’s response is not only defensible but proportionate. Far from escalating the feud posthumously, Trump’s post acknowledges Reiner’s talents – “a tortured and struggling, but once very talented movie director and comedy star” – while attributing the tragedy to TDS, a “mind-crippling disease” fueled by “raging obsession.” This framing isn’t baseless invention; it’s grounded in credible psychological analysis. Critics have questioned the timing of Trump’s post, issued just a day after the tragedy, as potentially too raw or opportunistic. However, this immediacy is precisely what makes it authentic and effective, aligning with Trump’s longstanding style of direct, unfiltered leadership in a 24/7 news cycle where narratives solidify within hours. Historical precedents abound; consider how President Lincoln addressed critics’ deaths or political losses with prompt wit during the Civil War, using fresh moments to foster national introspection and prevent distorted legacies. Similarly, Trump’s swift response cuts through emerging media spin – already framing Reiner solely as a heroic anti-Trump voice – by injecting balance and psychological truth right when public discourse peaks. Delaying would risk seeming calculated or detached, whereas this timing underscores sincerity, especially paired with the post’s sympathetic close. In essence, it’s not haste but strategic candor, transforming grief into a teachable moment on division’s dangers before emotions calcify. Transitioning from personal history to broader insight, TDS has been recognized by mental health experts as a manifestation of intense political polarization leading to real psychological strain. Psychiatrist Dr. Keith Ablow, in analyses shared on platforms like the Mark Simone Show, described TDS as rooted in “mass hysteria,” where individuals project anxieties onto a political figure, resulting in paranoia, chronic stress, and potential health declines. Research in the Journal of Abnormal Psychology supports this, linking partisan hatred to elevated cortisol levels, anxiety disorders, and weakened well-being. Trump’s reference to TDS isn’t mockery; it’s a diagnostic observation, highlighting how Reiner’s fixation – evident in his own words – might have contributed to personal tolls, especially amid reports of familial strife surrounding the deaths. By raising this, Trump shifts the narrative from vendetta to vigilance, urging awareness of how ideological obsessions erode lives. Moreover, the post’s satirical edge aligns with a storied tradition of political commentary, making it intellectually apt rather than insensitive. Trump employs hyperbole – “driving people CRAZY” amid America’s “Golden Age” – to underscore the irony of Reiner’s paranoia against tangible achievements like record economic growth, Middle East peace accords, and energy independence during his administration. This mirrors Jonathan Swift’s exaggerated proposals in “A Modest Proposal” or Abraham Lincoln’s witty rebukes of critics, using humor to expose societal flaws without literal malice. Legally, such expression is shielded by the First Amendment; the Supreme Court’s ruling in Hustler Magazine v. Falwell affirms that satirical opinions about public figures, absent provable falsehoods, are protected speech. Trump’s “reportedly due to” phrasing acknowledges speculation, ensuring it remains opinion, not defamation. What elevates the statement to appropriateness is its undercurrent of grace amid past unkindnesses, including Trump’s rare direct engagement with Reiner pre-tragedy despite the instigations. The post concludes with “May Rob and Michele rest in peace!” This isn’t perfunctory; it’s a sincere extension of sympathy, humanizing both parties and transcending the feud while modeling reciprocity in an era of unrelenting acrimony. Trump’s words match rhetoric’s intensity yet cap it with compassion and a mental health caveat, turning potential gloating into a nudge toward understanding division’s toll. In conclusion, Trump’s response is ironclad in its fittingness because it reciprocates a decade of Reiner’s attacks with measured satire, validates psychological realities, and prioritizes sympathy over score-settling. It doesn’t diminish the tragedy but illuminates division’s costs, encouraging reflection. Postscript: While the author is not an attorney or mental health practitioner, his nearly two decades as a seasoned content writer and editor have honed expert research skills, enabling rigorous analysis grounded in verifiable facts and legal precedents. https://twitter.com/DC_Draino/status/2000931274744324237?s=20 https://twitter.com/AlecLace/status/2000700955457630718?s=20 https://twitter.com/KurtSchlichter/status/2000694706054029700?s=20  reason for it. Sadly, past experience, teaches us that the most likely reason for the lack of transparency is that the answers are not going to support the left-wing agenda of the local Rhode Island Democrats. I could be wrong. But if I was wrong, I have a nagging suspicion. I would've had answers to those questions already. The FBI is offering a $50,000 reward for information leading to the arrest of this man. Trump blames Brown, not FBI, for delay in finding shooting suspect President Trump blamed Brown University for the delay in locating the suspect in the fatal mass shooting on the school's campus in Rhode Island on Saturday. “You'd really have to ask the school a little bit more about that because this was a school problem,” Trump said when asked on Monday if FBI Director Kash Patel has told him why it's been difficult for the FBI to identify the suspected shooter. “They had their own guards. They had their own police. They had their own everything, but you'd have to ask that question really to the school, not to the FBI. We came in after the fact, and the FBI will do a good job, but they came in after the fact,” he said. Source: thehill.com War/Peace https://twitter.com/WarClandestine/status/2000694318512652750?s=20 JUST IN: US OBLITERATES 3 More Venezuelan Drug Boats Just Hours After President Trump Designates Fentanyl as a Weapon of Mass Destruction United States Southern Command on Monday announced that Joint Task Force Southern Spear took out three narcotrafficking vessels in the Eastern Pacific.  A total of eight “narco-terrorists” were killed in the strikes. “Intelligence confirmed that the vessels were transiting along known narco-trafficking routes in the Eastern Pacific and were engaged in narco-trafficking,” US SOUTHCOM said. Video from the strikes shows massive explosions on each boat, turning them into burning piles of rubble. https://twitter.com/Southcom/status/2000756230252314901?s=20 Source: thegatewaypundit.com Trump: Syria is a key part of peace efforts in the Middle East Washington, Dec. 16 (SANA) U.S. President Donald Trump described the developments in Syria this year as “remarkable,” highlighting that the United States is committed to ensuring lasting peace in the Middle East, with Syria playing an essential role in that peace. Source: sana.sy 1306 Q !xowAT4Z3VQ ID: e7b971 No.1248119 Apr 30 2018 10:51:06 (EST) Define the terms of the Iran nuclear deal. Does the agreement define & confine cease & desist ‘PRO' to the republic of Iran? What if Iran created a classified ‘satellite' Nuclear facility in Northern Syria? What if the program never ceased? What other bad actors are possibly involved? Did the U.S. know? Where did the cash payments go? How many planes delivered? Did all planes land in same location? Where did the U1 material end up? Is this material traceable? Yes. Define cover. What if U1 material ended up in Syria? What would be the primary purpose? SUM OF ALL FEARS. In the movie, where did the material come from? What country? What would happen if Russia or another foreign state supplied Uranium to Iran/Syria? WAR. What does U1 provide? Define cover. Why did we strike Syria? Why did we really strike Syria? Define cover. Patriots in control. Q British Intelligence Head Says Prepare for War Against Russia  The newly appointed head of MI6, Blaise Metreweli, formerly known by her position as “Q”, is literally the granddaughter of factual Ukraine Nazi, Constantine Dobrowolski.  Now, as head of MI6 Metreweli wants war with Russia. In a rather remarkable speech to the British people, Blaise Metreweli proclaimed Europe is in “the space between peace and war,” with a direct military conflict with Russia looming as the biggest threat.  Metreweli declared, “Our world is being actively remade, with profound implications for national and international security.” Source: theconservativetreehouse.com https://twitter.com/disclosetv/status/2000898313579561365?s=20 https://twitter.com/MarioNawfal/status/2000896186413441184?s=20   have already been filed. The World Bank estimates the total at $524 billion over the next decade – triple Ukraine’s 2024 GDP. Zelensky: “It’s not enough to force Russia into a deal. It’s not enough to make it stop killing. We must make Russia accept that there are rules in the world.” Mechanism: Register of Damage (created 2023): collects claims from individuals, companies, and the Ukrainian state. Claims Commission: reviews, validates, and awards compensation case-by-case. Categories: sexual violence, child deportations, infrastructure destruction, religious sites bombed. Funding plan: Frozen Russian assets held by the EU, supplemented by member contributions. Dutch FM David van Weel: “The goal is to have validated claims that will ultimately be paid by Russia.” Enforcement? Still being worked out. Complication: Trump's team floated amnesty for war crimes as part of a peace deal – makes prosecuting the very individuals being billed impossible. Next steps: Convention takes force after 25 nations ratify it (if funds secured). Russia calls frozen-assets proposal “illegal,” denies war crimes, threatens retaliation. Reality check: This is post-WWII-style reparations applied to an ongoing conflict. The $524B estimate covers through 2024 only – 2025's escalated attacks on utilities, transport, and civilians already make the number outdated. https://twitter.com/AwakenedOutlaw/status/2000626884145754206?s=20   breaking out. Their position is legitimately insane. Sadly, what’s clear is that the European leadership is comprised of war-mongering, bloodthirsty psychopaths. The idiom, “With friends like these, who needs enemies?” comes to mind. Only in this case, it’s not a sarcastic observation. ______ EU Globalists Threaten to Dump $2.34 Trillion in U.S. Debt to Stop Trump's Ukraine Peace Deal JUST IN: Senate Advances $900 BILLION Defense Spending Bill with Military Aid to Ukraine Senate advances $900 billion defense spending bill The US Senate on Monday voted to end the filibuster and advance the National Defense Authorization Act to a final vote.  The bipartisan vote, 76-20, invoked cloture on the bill, bringing it one step closer to final passage, which could still take days. Still, some lawmakers seek to amend the bill further, which would then require House passage before landing on the President's desk. Burchett: Big vote tonight was the NDAA, National Defense Authorization Act, and it was $900.6 billion. There’s money in there for, of course, Ukraine, $800 million total, and some other things, money in there for recognizing an Indian tribe out of North Carolina— has nothing to do with national security— Syria, money, Iraq. But we just got to quit this stuff. Somebody's, America’s got to start paying attention. Trump didn’t even ask for that. You’ve got the war pimps that push for this stuff. And they always will tell you, Oh, it’s, “Burchett, man, they’re gonna spend all that money here buying those missiles.” You know, is that what we’re basing our votes on is they’re going to buy implements to kill other people on? I’m all for getting rid of our enemies, but this is just too much, way too much, and things are just not what they appear. We need to wake up. I voted no. Over 100 Democrats voted to pass this. That ought to tell you right there what this is about. Got some liberal stuff tucked in there, and it’s over 3000 pages. We get it on Sunday, and we’re voting on it today. There’s no way, no way, we will ever know what was in there, and just— anyway, frustrated, we’ll keep fighting. Thank y’all for sending me here. Source: thegatewaypundit.com https://twitter.com/MarioNawfal/status/2000775317577744797?s=20   commands down to 8. Under the plan expected to be presented to Secretary Hegseth this week: U.S. Central Command, European Command, and Africa Command would be downgraded and placed under a new “U.S. International Command.” U.S. Southern Command and Northern Command would merge into “U.S. Americas Command” (Americom), reflecting the administration’s shift toward Western Hemisphere operations. The remaining commands: Indo-Pacific, Cyber, Special Operations, Space, Strategic, and Transportation. A senior defense official on the urgency: “Time ain’t on our side, man. The saying here is, ‘If not us, who, and if not now, when?'” The plan aligns with Trump’s national security strategy declaring that “the days of the United States propping up the entire world order like Atlas are over.” Former Defense Secretary Chuck Hagel expressed concern: “The world isn’t getting any less complicated. You want commands that have the capability of heading off problems before they become big problems.” Congress has required the Pentagon to submit a detailed blueprint before any changes can take effect. The Monroe Doctrine comes to CENTCOM. https://twitter.com/WarClandestine/status/2000687672936030583?s=20   been done long ago, which is eradicate the cartels that are plaguing the Western hemisphere via drug/human trafficking. The cartels have gone unchecked for decades, while they murder millions of Americans and commit heinous crimes against humanity. Trump confirms that designating the cartels as a foreign terrorist organizations “is a big deal from a legal and military standpoint”. Trump is going to use the full force of the US MIL to shut this entire corrupt network down. The Dems/MSM, and the weaklings on the Right, are going to squeal and moan the entire way, but this must be done. Trump is going to neutralize this threat to the American People and do what past Presidents failed to do. Medical/False Flags [DS] Agenda https://twitter.com/MarioNawfal/status/2000857179142680769?s=20   been part of it. Her late father served as a colonel in the Somali army under dictator Siad Barre, whose regime carried out mass killings in the 1980s. That makes her backstory more complicated than she lets on. A resurfaced video shows a man resembling Omar's father discussing brutal tactics. There's no proof he committed war crimes, but some say he was close enough to know what was happening. Photos also show Omar's siblings with General Morgan – known as the “Butcher of Hargeisa” – and Omar herself at a 2022 event where Morgan was present. One relative even referred to him as “uncle.” Omar hasn't commented on the new findings, and her silence has led some to question how she can call for accountability abroad without addressing her own family's history. https://twitter.com/JamesRosenTV/status/2000723473182965780?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2000723473182965780%7Ctwgr%5Eb493e83212e9c33013500c56069b3622c19b2e21%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fredstate.com%2Frusty-weiss%2F2025%2F12%2F16%2Fice-officials-rip-ilhan-omar-over-ridiculous-story-about-her-son-being-racially-profiled-n2197175 https://twitter.com/thestoicplumber/status/2000748048683815183?s=20 https://twitter.com/EricLDaugh/status/2000742064959455252?s=20 U.S. Attorney Jeanine Pirro: D.C. Authorities Were Artificially Deflating Crime Stats With ‘Manipulated' Numbers https://twitter.com/USAttyPirro/status/2000637280789188855?s=20  into MPD's reported deflation of crime statistics. The need for accurate information to fight crime is essential. After a review of almost 6000 reports and the interview of over 50 witnesses, it is evident that a significant number of reports had been misclassified, making crime appear artificially lower than it was. The uncovering of these manipulated crime statistics makes clear that President Trump has reduced crime even more than originally thought, since crimes were actually higher than reported. His crime fighting efforts have delivered even more safety to the people of the District. The conduct here does not rise to the level of a criminal charge. However, it is up to MPD to take steps to internally address these underlying issues. Source: breitbart.com https://twitter.com/amuse/status/2000822708389745055?s=20 There is FEC data analysis that strongly suggests that Mark Kelly, Elissa Slotkin, Jason Crow, Chris Deluzio, Chrissy Houlahan and Maggie Goodlander have been recipients of illegally laundered campaign funds. Kelly is currently under investigation. They’re all backed by Soros!! President Trump's Plan https://twitter.com/MrAndyNgo/status/2000710555674325272?s=20  extremists after transitioning. https://twitter.com/george18kennedy/status/2000781888152129887?s=20   Staff of the Army (senior uniformed leader of the U.S. Army, member of the Joint Chiefs). – Admiral Daryl Caudle – Chief of Naval Operations (senior uniformed leader of the U.S. Navy, member of the Joint Chiefs). – General Eric M. Smith – Commandant of the Marine Corps (senior uniformed leader of the U.S. Marine Corps, member of the Joint Chiefs). – General Kenneth S. Wilsbach, USAF – Chief of Staff of the Air Force (senior uniformed leader of the U.S. Air Force, member of the Joint Chiefs). – General B. Chance Saltzman, USSF – Chief of Space Operations (senior uniformed leader of the U.S. Space Force, member of the Joint Chiefs). https://twitter.com/MJTruthUltra/status/2000668738203312188?s=20 TAKE A LISTEN https://twitter.com/nicksortor/status/2000725299420352640?s=20 https://twitter.com/EricLDaugh/status/2000916623243300901?s=20   Something BETTER be done about this. https://twitter.com/RobLutherLawyer/status/2000697951295840722?s=20 https://twitter.com/FBIDirectorKash/status/2000961090612813971?s=20 https://twitter.com/SusieWiles/status/2000943061627548148?s=20   story. I assume, after reading it, that this was done to paint an overwhelmingly chaotic and negative narrative about the President and our team. The truth is the Trump White House has already accomplished more in eleven months than any other President has accomplished in eight years and that is due to the unmatched leadership and vision of President Trump, for whom I have been honored to work for the better part of a decade. None of this will stop our relentless pursuit of Making America Great Again! https://twitter.com/EricLDaugh/status/2000957946352820238?s=20  codification of the President’s executive orders.” “A very aggressive legislative agenda coming right out of the gates in January. We’re going to continue to work, for example, on health care to continue to bring costs down for the American people, to bring down the cost of living overall.” “He’s up to about 200 of those [orders], probably about 150 of them are codifiable by Congress and we’re working steadily through that list.” “You’re going to see us delivering for the American people while the effects of that giant piece of legislation that we did on July 4th, got signed on July 4th, comes into implementation.” “So much more, much more yet to do and the President and I talk about that almost every day and he’s excited about it and I am.” https://twitter.com/seanmdav/status/2000685717497004167?s=20 to procedurally gum up the works behind the scenes. JD Vance Points Out the Consequence of the Senate “Blue Slip” Veto of Judicial Nominees It was passed by Congress on May 13, 1912, and ratified on April 8, 1913 The 16th Amendment to the United States Constitution grants Congress the authority to impose and collect income taxes without the need to apportion them among the states or base them on census data. constitution.congress.gov It was passed by Congress on July 2, 1909, and ratified on February 3, 1913. all of this is an outcome of the 17th Amendment, which stopped the state legislatures from having control over their senators.  Under the original constitutional framework, the Senate was designed to represent the interests of the state, as the Senators were appointed by state legislature, not popular votes.  The Sea Island assembly destroyed this cornerstone when they triggered the 17th Amendment. Repeal the 17th Amendment, and just about everything in federal government changes. Machiavelli said, “It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.”  A prescient and oft repeated quote that is pertinent to the situation. When our founders created the system of government for our constitutional republic, they built in layers of protection from federal control over the lives of people in the states.  Over time, those protections have been eroded as the federal bureaucracy has seized power.  One of the biggest changes that led to the creation of the permanent political class was the 17th Amendment. Our founders created a system where Senators were appointed by the state legislatures.  In this original system, the Senate was bound by obligation to look out for the best interests of their specific states.  Under the ‘advise and consent‘ rules of Senate confirmation for executive branch appointments, the intent was to ensure the presidential appointee -who would now carry out regulatory activity- would not undermine the independent position of the states.  .When the 17th Amendment (direct voting for Senators) took the place of state appointments, the perspective of ‘advise and consent' changed.  The Senate was now in the position of ensuring the presidential appointee did not undermine the power of the permanent bureaucracy, which is the root of power for the upper-chamber. Senate committees, Homeland Security, Judiciary, Intelligence, Armed Services, Foreign Relations, etc. now consists of members who carry an imbalanced level of power within government.  The Senate now controls who will be in charge of executive branch agencies like the DOJ, DHS, FBI, CIA, ODNI, DoD, State Dept and NSA, from the position of their own power and control in Washington DC. In essence, the 17th Amendment flipped the intent of the constitution from protecting the individual states to protecting the federal government. Seventeenth Amendment- “The Senate of the United States shall be composed of two Senators from each State, elected by the people thereof, for six years; and each Senator shall have one vote. The electors in each State shall have the qualifications requisite for electors of the most numerous branch of the State legislatures. When vacancies happen in the representation of any State in the Senate, the executive authority of such State shall issue writs of election to fill such vacancies: Provided, That the legislature of any State may empower the executive thereof to make temporary appointments until the people fill the vacancies by election as the legislature may direct.” (link)   The biggest issue following the passage of the 17th Amendment became Senators who were no longer representing the interests of their state.  Instead, they were representing the interests of the power elite groups who were helping them fund the mechanisms of their re-election efforts. A Senator only needs to run for re-election every six years.  The 17th Amendment is the only amendment that changed the structure of the Congress, as it was written by the founders. Over time, the Senate chamber itself began using their advice and consent authority to control the executive and judicial branch.  The origination of a nomination now holds the question: “Can this person pass the Senate confirmation process?” source: theconservativetreehouse.com https://twitter.com/j3669/status/2000683161273897213?s=20 https://twitter.com/EricLDaugh/status/2000952036238746070?s=20 https://twitter.com/EricLDaugh/status/2000671858417422538?s=20   is going to save the GOP, AGAIN. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

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