The KE Report

Erik Wetterling – Value Proposition In Goliath Resources, Amex Exploration, And Osisko Development


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Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to discuss three junior gold resource companies that have released important news catalysts in early 2025, where he is attracted to their current value proposition.

 

We start off discussing the high-grade gold intercept over a wide width that Goliath Resources Ltd (TSX-V: GOT) (OTCQB: GOTRF) released to the market this morning.  In drill hole# GD-24-260 it intercepted the highest concentration of visible gold and the best high-grade gold drill hole to date at the Surebet Discovery down in the Bonanza Zone, returning 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters, and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters.

 

Next we pivot over to news released on January 9, 2025 from Amex Exploration Inc. (TSXV: AMX) (OTCQX: AMXEF) that recent drilling has continued to expand the footprint of multiple zones at its flagship Perron Project, located in northwestern Abitibi, Quebec. New exploration results were released from the Denise Zone, E2 Zone, Grey Cat Zone, Gratien Zone, and JT Zone. These high-grade intercepts, have all shown metal factors significantly above this PEA threshold, and the management team released statements indicating that these intercepts will contribute additional ounces to the mine plan.

 

Wrapping up we got Erik’s thoughts on why he is animated by the longer-term value proposition at Osisko Development Corp. (NYSE: ODV, TSXV: ODV) where on Jan. 09, 2025 they announced the appointment of David Rouleau as Vice President, Project Development. This appointment aligns with the Company's strategic focus on building an operations-driven team to advance its flagship 100%-owned Cariboo Gold Project located in central British Columbia, Canada.  Erik expands on the potential to go from their Phase 1 to Phase 2 development plans over the next few years, increasing throughput and ounces produced once a construction decision is made, and that he sees the project to be of significant size in a tier 1 jurisdiction to rerate higher over time.

 

* In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.  Additionally, Shad holds a position in both Goliath Resources and Amex Exploration at the time of this recording.

 

Click here to visit Erik’s site – The Hedgeless Horseman

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