Kitco MINING

Dolly Varden Silver (TSXV: DV) is advancing its high-grade Kitsault Valley project in British Columbia’s Golden Triangle while preparing for a transformative merger with Contango Ore. Speaking with Kitco Mining at PDAC 2026, President and CEO Shawn Khunkhun said the transaction brings gold production and development expertise into Dolly Varden’s growing silver district.

Over the past six years, the company has raised $185 million, consolidated multiple past-producing mines across a 100,000-hectare land package, and drilled about 200,000 meters. The project currently hosts 64 Moz of silver at roughly 300 g/t along with about 1 Moz of high-grade gold, with a new resource estimate expected in May 2026. “We’ve got 64 million ounces of silver at roughly 300 grams per ton, complemented by a million ounces of high-grade gold,” Khunkhun said. Recent drilling has also returned 1,400 g/t silver over 20 meters at the Wolf vein, highlighting the district’s high-grade potential.

Khunkhun said the merger strengthens the company’s path toward development. “Dolly Varden, through this merger, is buying gold production cash flow,” he said.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

 To learn more about Dolly Varden Silver, visit:
 https://dollyvardensilver.com/

00:50 - Dolly Varden Origin Story and Kitsault Valley Project
01:14 - Building Resources, Capital, and District Scale Land Package
02:22 - High Grade Drill Results and 2026 Drill Program
03:52 - Hecla Deal and Golden Triangle Land Consolidation
04:52 - Why Dolly Varden Is Merging With Contango Ore
07:33 - Investor Support and Shareholder Vote Process
08:27 - Transaction Timeline and Contango Silver & Gold Rebrand
09:40 - Direct Shipping Ore (DSO) Model and Production Pipeline
11:49 - Production Timeline Toward 2030s Output
12:20 - Year-Round Exploration Strategy After the Merger
13:24 - 2026 Catalysts: Drilling, Permitting, and Growth Plans
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

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For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Aquitaine Metals CEO Chris Taylor joins Kitco Mining’s Investment Trends at PDAC 2026 to discuss the Limousin gold project in Nouvelle-Aquitaine, France, which he says has the potential to support “many millions of ounces.”

Taylor, who previously led Great Bear Resources through its almost $2 billion sale to Kinross, said the project “stood head and shoulders above everything else I looked at” after reviewing more than 100 opportunities. The 330 sq km land package includes more than 1,000 historical mining sites, with modern production between the late 1980s and 2002 totaling about 1 Moz at roughly half an ounce per ton. Recent drilling returned 1.5 m of about 350 g/t gold within a broader zone grading roughly 34 g/t over 15.5 m.

The company is completing a 10,000 m drill program and plans another 10,000 m in 2026. Aquitaine plans to take the gold asset public later this year and holds about $15 million in cash in Canadian dollars to fund drilling through 2026.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

To learn more about Aquitaine Metals, visit: https://mailchi.mp/10589893cddb/aquitainemetals

00:25 - Chris Taylor Background
01:17 - Why Aquitaine Metals
02:00 - Limousin Project History
03:32 - Data and Early Hits
04:44 - Phase One Drilling Plan
05:18 - Phase Two Priorities
07:44 - AI Guided Targeting
09:32 - Why Mine in France
11:25 - EU Critical Metals Push
13:46 - Funding and Going Public
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

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For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Alamos Gold Inc. (TSX: AGI; NYSE: AGI) is targeting 600,000 oz of production in 2026 after weather and mill challenges weighed on output in late 2025, even as the company generated record free cash flow last year. Speaking with Kitco Mining at PDAC 2026 in Toronto, President and CEO John McCluskey said 2025 all-in sustaining costs averaged $1,524 per oz, with margins approaching 60% at prevailing gold prices. Fourth-quarter results were affected by issues at the Magino mill and what he described as “one of the worst Canadian winters we've probably seen in 40 years.”

“We're absolutely back on track, and we're looking towards 600,000 ounces of production in, in 2026,” McCluskey said. In February 2026, Alamos announced an integration plan combining Island Gold and Magino, targeting roughly 540,000 oz annually at about a $1,250 AISC. Combined reserves now total about 8Moz, supporting long-term production as the company works toward 1Moz annually by 2030. Exploration spending is also rising. “Last year, we spent $72 million on expiration. This year we're going to spend close to a hundred million dollars in expiration.”

McCluskey also discusses:
• Record 2025 free cash flow and capital discipline
• Island Gold–Magino integration and cost reductions
• $900M Lynn Lake development in Manitoba
• Dividend increase and shareholder returns
• Capital discipline across gold sector M&A

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsors, GoldMining Inc., U.S. Gold Mining Inc., UEC & URC for making this coverage possible.
To learn more, visit:
https://www.goldmining.com/
https://www.usgoldmining.us/
https://www.uraniumenergy.com/
https://www.uraniumroyalty.com/

00:20 - 2025 Results, Record Free Cash Flow and Production Dip
00:41 - Canadian Winter Challenges and 2026 Production Outlook
01:49 - Island Gold Expansion and Shaft Development Plan
04:10 - Island–Magino Integration Strategy and Synergies
05:24 - Reserves Growth to 8Moz and Long Mine Life
06:22 - Alamos Capital Allocation Strategy Explained
10:10 - Exploration Spending Rising to $100M
11:29 - Dividends, Share Buybacks and Shareholder Returns
13:23 - CEO Turnover Across the Mining Sector
15:30 - Talent Shortage and M&A Drivers in Mining
16:53 - Capital Discipline in Gold Sector M&A
20:11 - Alamos Path to 1Moz Production and Deal Outlook
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

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Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Saudi Arabia has doubled exploration spending year over year, reaching SAR 1.05 billion in 2024, as the Kingdom pushes to expand grassroots discovery while global budgets remain under pressure. Speaking with Kitco Mining at PDAC 2026 in Toronto, Abdulrahman Al-Belushi, Deputy Minister of Mineral Resources Management at Saudi Arabia’s Ministry of Industry and Mineral Resources, outlined how mining is being positioned as a pillar of industrial strategy.

“We look at the mining sector as an economic play rather than a fiscal play,” Al-Belushi said, citing supply chain priorities across gold, copper, rare earths, zinc, and phosphate. Saudi Arabia has about 78,000 km² under exploration license and plans to tender 13,000 km² in 2026 under a merit-based system.

Al-Belushi also discusses:
• 60% of exploration spending going to grassroots work
• Up to $2 million reimbursable support per license, up to 15 licenses
• 15% performance bonds to back work commitments
• Saudi Arabia’s top 10 global ranking in Fraser Institute’s 2025 survey

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsors, GoldMining Inc., U.S. Gold Mining Inc., UEC & URC for making this coverage possible.
To learn more, visit:
https://www.goldmining.com/
https://www.usgoldmining.us/
https://www.uraniumenergy.com/
https://www.uraniumroyalty.com/

00:32 - Saudi Mining Vision and Industrial Strategy
01:36 - Arabian Shield Geology and Deposit Types
04:05 - Gold, Copper, Rare Earths, and Phosphate Priorities
06:28 - Exploration Spending Doubles to SAR 1B
07:54 - $2M Exploration Enablement Program Explained
09:40 - 13,000 km² Tender Round and 2026 Pipeline
12:14 - 100% Foreign Ownership and Entry Model
13:59 - Partner Strategy and Lessons From Oil Sector
15:43 - Saudi Arabia’s Processing Hub Ambitions
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
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Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Silver47 Exploration (TSXV: AGA) is advancing a portfolio of high-grade silver projects in the United States, led by the Red Mountain deposit in Alaska, which hosts a 168 Moz silver-equivalent resource grading 336 g/t. Speaking with Kitco Mining at PDAC 2026 in Toronto on March 2, VP of Investor Relations Giordy Belfiore said the company is focused on building a high-grade U.S. silver portfolio across projects in Alaska, Nevada and New Mexico. “It has 168 million ounce silver equivalent resource at 336 grams per ton,” Belfiore said of Red Mountain.

Silver47 plans 15,000 to 20,000 meters of drilling at Red Mountain beginning in early June, using four rigs to expand the resource and test new targets. Belfiore also said the company is starting about 7,000 meters of drilling at its Hughes project in Nevada, with exploration results expected through the year.

“Today, we get 30 cents to 40 cents depending on the day,” Belfiore said, referring to the company’s enterprise value per ounce compared with higher valuations among peer silver explorers. Silver47 currently has about $55 million in working capital to fund exploration across its three U.S. projects.
Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

To learn more about Silver47 Exploration, visit: https://silver47.ca/

00:28 - Silver47 Project Portfolio Overview
01:27 - Company History and Summa Silver Merger
02:01 - Red Mountain Drill Program Plans
02:57 - Alaska Access and Polymetallic Metallurgy
04:26 - Critical Minerals and Alaska Permitting Advantage
05:25 - Growth Strategy Through Drilling and M&A
06:10 - Funding Position and Investor Base
08:33 - Valuation Gap and Rerating Strategy
09:50 - Red Mountain Resource Update and PEA Path
10:30 - Long-Term Business Plan for Project Development
11:32 - 2026 Catalysts and Hughes Tailings Opportunity
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
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Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Guanajuato Silver (TSXV: GSVR) is expanding production in Mexico’s historic Guanajuato mining district after completing the $50 million acquisition of the Bolañitos gold-silver mine and 1,600 tpd processing plant from Endeavour Silver, which closed Jan. 15, 2026. Speaking with Kitco Mining at PDAC 2026 in Toronto, CEO James Anderson said the purchase creates immediate operational synergies with the company’s nearby San Ignacio mine.

“Our San Ignacio mine is immediately adjacent to Bolañitos,” Anderson said. “These mines are the same structures, the same vein systems that run through our claims.”

The company has already begun processing San Ignacio material at the Bolañitos plant, reducing haulage distances from about 30 km to roughly 2 km and improving operating efficiency as Guanajuato works toward filling the plant’s 1,600 tonne-per-day capacity. Anderson said the company has acquired and restarted five silver and gold mines over the past five years as it continues consolidating the 450-year-old Guanajuato mining district.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

 To learn more about Guanajuato Silver, visit: https://www.gsilver.com/

00:22 - Guanajuato Silver Origin Story and District Strategy
01:08 - Bolañitos Acquisition and San Ignacio Synergies
03:46 - Bolañitos Integration and Operating Cost Impacts
05:22 - Consolidating the Guanajuato Mining District
06:58 - Fill-the-Mill Strategy and Plant Capacity
07:50 - Pinguico Mine Restart Plan
08:44 - Silver Price Leverage and Profitability Outlook
10:37 - Balance Sheet, Treasury, and Credit Facility
11:43 - Stock Performance, Warrants, and Share Overhang
13:27 - Security Risks for Mining in Mexico
14:29 - 2026 Growth Catalysts and Strategy
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
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Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

AbraSilver Resource Corp. (TSX: ABRA; OTCQX: ABBRF) CEO John Miniotis was named Kitco Mining’s Exploration CEO of the Year at PDAC 2026, as the company advances its Diablillos silver-gold project in Argentina toward a final investment decision in 2026. Speaking with Kitco Mining at PDAC 2026, Miniotis said the project hosts approximately 350 million oz of silver equivalent resources, with measured and indicated resources up 170% since 2020. Shares are up roughly 460% year over year, giving the company a market capitalization of about $2.8 billion.

“This will be not only one of the largest primary silver producers in the world,” Miniotis said, citing projected production of more than 13 million oz of silver equivalent annually, including over 7 million oz of silver and about 75,000 oz of gold, at all-in sustaining costs under $13 per oz of silver. He said Argentina’s RIGI framework is “really an absolute game changer,” providing 30-year fiscal stability, a reduced 25% tax rate and removal of export duties. With environmental approvals expected in the coming weeks and a definitive feasibility study targeted for Q2 2026, Miniotis added, “for every 10% move in the gold and silver price, the economics of the project improved by over 30%,” using resource assumptions below $25 per oz silver.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsors, GoldMining Inc., U.S. Gold Mining Inc., UEC & URC for making this coverage possible.
To learn more, visit:
https://www.goldmining.com/
https://www.usgoldmining.us/
https://www.uraniumenergy.com/
https://www.uraniumroyalty.com/

00:44 - Diablillos Project Overview and 350Moz Resource
01:54 - Low-Cost Silver Producer and Cost Curve Position
03:52 - Feasibility Study Timeline and Phase 6 Drilling
05:41 - Silver Price Assumptions and 30% Leverage Sensitivity
07:08 - Argentina RIGI Fiscal Stability Framework
09:02 - Project Financing and Reduced Cost of Capital
12:23 - M&A Strategy: Build, Partner or Sell?
15:04 - 2026 Catalysts and Exploration CEO of the Year Award
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
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Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Tiernan Gold (TSXV: TNGD) Director Chris Taylor joins Kitco Mining at PDAC 2026 to discuss advancing the Volcan gold project in Chile’s Maricunga district, which hosts 9.8 Moz measured and indicated and total resources of about 11 Moz.

“It’s an 11 million ounce deposit, basically,” Taylor said. “The thing is huge.” The large-scale oxide heap leach project has not seen exploration in more than a decade and sits in a district experiencing renewed development activity.

Under a $3,600 gold scenario, Taylor estimates the current mine design could generate an after-tax NPV of about $3.6 billion and an IRR of roughly 47%. He noted the most recent PEA used much lower gold price assumptions and “it really basically bears no resemblance to what the project could be under a sort of modern gold price regime.”

Tiernan, which is just over 60% owned by Hochschild Mining, raised $58 million Canadian in November to advance the project toward a pre-feasibility study targeted for 2027. Taylor said the project is “it’s probably a top quartile in terms of all in sustaining costs,” while also pointing to exploration upside beyond the existing 11 Moz resource.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

To learn more about Tiernan Gold, visit: https://tiernangold.com

00:36 - Chris Taylor Background
01:19 - Volcan Project Overview
02:21 - PEA Economics Snapshot
03:15 - District Momentum
03:43 - Water Rights and Solutions
05:29 - Financing and PFS Plan
06:31 - Key PFS Challenges
08:15 - Exploration Upside Potential
09:37 - Chile Politics Tailwinds
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
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Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Thesis Gold & Silver (TSXV: TAU) is advancing its Lawyers-Ranch project in British Columbia’s Toodoggone mining district toward a feasibility study targeted for 2027. Speaking with Kitco Mining at PDAC 2026, CEO Ewan Webster said the company recently added “Silver” to its name after a December 2025 pre-feasibility study showed the metal represents a significant part of project economics.

The study outlined average production of about 187,000 oz of gold equivalent per year, including roughly 3.5 Moz of silver annually, with silver contributing about 23% of project revenue. Webster said the silver component could provide flexibility in future project financing and highlighted a 20,000 meter drill program planned for 2026, including follow-up work at the Steve discovery. The company also recently closed a C$44 million strategic investment on Feb. 26, 2026, with participation from AngloGold Ashanti and Centerra Gold.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

To learn more about Thesis Gold & Silver, visit: https://thesisgold.com/

00:31 - Why Thesis Added Silver to Its Name
01:31 - Silver Price Upside and Gold-Silver Ratio
03:26 - Feasibility Study Roadmap to 2027
04:07 - AngloGold Ashanti Strategic Investment
06:25 - Budget and C$75M Cash Position
08:53 - 2026 Drilling Plans and Data for Feasibility Study
10:52 - Permitting Progress and EA Timeline
13:19 - Valuation Gap vs Peers and Investor Outreach
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
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Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Omai Gold Mines (TSX-V: OMG; OTCQB: OMGGF) is advancing a 10Moz+ gold system in Guyana toward a materially larger development plan, with a new preliminary economic assessment expected within two months. Speaking with Kitco Mining at PDAC 2026, CEO & Executive Chair Elaine Ellingham outlined how continued drilling since the August 2025 resource update is positioning the project for expanded production and long-term scale. Omai’s shares are up over 800% in the past two years as the company transitions from exploration to development.

“Where there's gold, there's more gold,” Ellingham said, referencing wide intercepts of 45 to 60 meters grading three to four grams per tonne that helped drive a roughly 50% resource increase last year. The project now hosts about 6.5Moz in indicated and inferred resources, alongside 3.8Moz historically produced. A new PEA is expected to outline potential production of 250,000 to 300,000 ounces per year over an 18 to 20-year mine life, compared to 142,000 ounces annually in the 2024 study. Ellingham said the open pit alone likely works at an $1,800 gold price, with underground development planned to follow initial production as drilling advances toward feasibility.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsors, GoldMining Inc., U.S. Gold Mining Inc., UEC & URC for making this coverage possible. To learn more, visit:
https://www.goldmining.com/
https://www.usgoldmining.us/
https://www.uraniumenergy.com/
https://www.uraniumroyalty.com/

00:24 - Omai Turnaround and 800% Share Surge
01:07 - Omai Gold Project and 10Moz Endowment
01:40 - Drilling Results and August 2025 Resource Update
03:06 - Gold Price Sensitivity and $1,800 Economics
03:53 - Open Pit and Underground Development Plan
04:45 - New PEA Targeting 250–300koz Per Year
06:54 - Guyana Infrastructure, Oil Boom and Costs
10:09 - PEA Timeline and Path to Feasibility
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Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.