Mining Stock Daily

Chris Temple of The National Investor joins MSD at the New Orleans Investment Conference to discuss growing market volatility ahead of the U.S. midterm elections and the potential consequences for mining and resource investors. Temple warns that excessive capital investment in artificial intelligence could pose significant risks to broader equity markets, while a shift in congressional control could introduce new uncertainty for U.S. mining policy, permitting, and government-backed critical minerals projects. The conversation also examines the political challenges facing domestic resource development, the opportunity for bipartisan infrastructure investment, and why Temple believes investors should remain cautious, preserve liquidity, and avoid rushing back into mining equities until the political and market outlook becomes clearer.

Headwater Gold CEO Caleb Stroup joins Trevor Hall on Mining Stock Daily to discuss a significant new gold intercept at the Jake Creek Project in Nevada, where the company's first core drilling program returned 46.3 meters grading 1.34 g/t gold. Stroup explains how the results validate Headwater's geological model and what comes next for the OceanaGold-partnered project. The conversation also covers upcoming exploration at the wholly owned Whiskey Project, the newly staked OLI epithermal gold target in Nevada's Walker Lane, and preparations for renewed drilling at Spring Peak. Stroup outlines how Headwater's growing portfolio of major-funded exploration partnerships, alongside selective self-funded drilling, positions the company to pursue new gold discoveries across the western United States.

Cartier Resources CEO Philippe Cloutier joins Trevor Hall at the New Orleans Investment Conference to discuss the company's next steps following its updated preliminary economic assessment for the Cadillac Gold Project in Quebec. With an after-tax NPV of C$1 billion, a 26.5% IRR, and a minimum 16-year mine life producing approximately 100,000 ounces of gold annually, Cartier is evaluating a strategic transition from exploration to mine development. Cloutier explains the potential advantages of toll milling with nearby producers, the possibility of advancing directly to a feasibility study, and why management may prioritize moving Cadillac toward production rather than continuing its extensive drill program. The conversation also covers upcoming strategic decisions that could shape Cartier's direction in 2027 and beyond.

John Armstrong, President of North Arrow Minerals, joins us in New Orleans to introduce the company and the ongoing gold exploration work happening at the Kraaipan Gold Project in Botswana. Armstrong discusses his experience in the diamond sector within Botswana and how it is transferable to gold exploration in country.

Newcore Gold CEO Luke Alexander joins Trevor Hall on Mining Stock Daily to discuss new high-grade drill results from the Nyam deposit at the company's Enchi Gold Project in Ghana. Highlights include 37 meters grading 2.16 g/t gold, including 9 meters of 5.1 g/t, reinforcing the potential for resource expansion at depth. Alexander explains how continued drilling at Nyam, Boin, and Sewum could add higher-grade ounces to future mine plans and improve project economics. The conversation also covers the importance of fresh-rock mineralization to Enchi's proposed CIL processing strategy, progress on the company's 80,000-meter drill program, and the technical work underway ahead of a full feasibility study and eventual construction decision.

Apollo Silver Corp. releases a Calico PEA showing a US$737 million after-tax NPV at US$55 silver. Sierra Madre Gold and Silver Ltd. lifts Guitarra plant throughput to 720 tonnes per day. Talisker Resources Ltd. drills 301.88 g/t gold at Bralorne and agrees to buy Midex. Tocvan Ventures Corp. reports trench samples averaging 4.6 g/t gold at Gran Pilar. Gladiator Metals Corp. intersects 36.0 metres of 2.63% copper at Cowley’s Southern Limb. Headwater Gold Inc. hits 46.33 metres of 1.34 g/t gold as OceanaGold exits two earn-ins.

This episode of Mining Stock Daily is brought to you by Revival Gold. Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho.

**Recorded Thursday October 22nd

Gold has shaped civilizations, financed empires, inspired extraordinary discoveries, and helped define money for thousands of years. But could gold return to the center of the global monetary system—and should investors even want that?Mining Stock Daily host Trevor Hall sits down with Dominic Frisby, comedian, financial commentator, and author of The Secret History of Gold: Myth, Money, Politics and Power, during LME Week in London for a conversation about the history of gold, monetary systems, investing, and the pursuit of wealth.Frisby explains why he believes gold remains one of humanity's most important stores of value and makes the case for measuring economic prosperity in gold rather than depreciating fiat currencies. The discussion explores gold's role throughout human history, its influence on exploration and the rise of civilizations, and why the romanticized idea of returning to a gold standard may misunderstand the failures of previous monetary regimes.Trevor and Dominic examine the mythology of King Midas, the dangers of confusing rising asset prices with genuine prosperity, and the complicated relationship between gold investors and Bitcoin advocates. Frisby reflects on the brutal gold mining bear market following 2011 and the lessons investors can take from previous speculative cycles.The conversation also turns to modern mining investments, including Dominic's recent visits to exploration companies in British Columbia, the investment climate in Canada and the United States, and his outlook for gold ownership as confidence in government institutions and currencies comes under pressure.Finally, Frisby discusses the concept of the sovereign individual, the growing importance of financial independence, and why technological advancement gives him reasons for optimism despite his concerns about government and monetary policy.

Red Metal Resources President and CEO Caitlin Jeffs discusses the company’s Carrizal copper-gold-cobalt property in Chile’s Coastal Cordillera, where LiDAR and IP surveys have generated more drill targets than the company can currently test, with drilling targeted for Q1 2027 subject to financing.

Newcore drills high-grade gold below Enchi reserves. Nova Minerals secures final permits for Alaska antimony. Westhaven completes South Zone infill, hits 6.69 g/t. Headwater hits 46 m at Jake Creek. Brixton launches $6 million flow-through financing. District Metals extends uranium beyond historic Sågtjärn. Mithril confirms high-grade silver at Target 4.

Today's episode of Mining Stock Daily is brought to you by Equinox Gold.

Equinox Gold is a growth-focused gold producer operating mines across the Americas. With cornerstone assets like the Greenstone Mine in Ontario and the Valentine Gold Project in Newfoundland & Labrador, Equinox is advancing a new generation of large-scale, long-life gold operations.

Bravada Gold CEO Paul West-Sells walks through the newly filed Wind Mountain technical report, arguing that re-siting the heap leach pad, not just higher metal prices, drove a 330% increase in leach tonnage. He says a metallurgical program now underway will test longer leach cycles to lift recoveries. West-Sells also talked about the recent stock slide which he partly attributes to warrants coming due.