Mining Stock Daily

In this conversation, Trevor interviews Anthony Margarit, CEO of K2 Gold, about the company's projects and progress. The conversation covers the Mojave Project in California, the draft Environmental Impact Statement (EIS) and permitting process, managing equity and financing, the SI2 project in Nevada, and prioritizing projects. The interview concludes with a discussion on the risk-reward profile of K2 Gold and the investment pitch for potential investors.

Magna Mining CEO Jason Jessup discusses the offtake agreement with Vale and the progress made in de-risking the Crean Hill project. The agreement includes certain nickel zones while excluding the precious metals-dominated 109 footwall zone. An updated resource estimate is expected in Q2, with the possibility of improved grades. Vale is interested in Magna Mining as a supplier of ore and a long-term positive relationship is anticipated. Cashflow guidance will be provided once the updated life of mine plan is completed.

Both Aldebaran Resources and Amex Exploration have new drill results out this morning. Troilus Gold is looking to re-scope its Troilus Project Feasibility Study. Calibre Mining hires key contractor to advance Valentine.

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Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona, a tier 1 location. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport via highway i-10, and with grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠

Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠⁠⁠⁠⁠⁠vgcx.com⁠⁠⁠⁠⁠⁠.

We wrap the day with a conversation with Awalé CEO, Andrew Chubb. The company is coming off reporting spectacular drill holes in Cote d’Ivoire on the Odienné project. Instead of spending time on the specific results, Andrew shares some of the backstory on the project and the company. It has taken quite a bit of time to get to these results, supported in joint venture with Newmont.

Serial explorer, company builder and CEO Ivan Bebek join MSD today to introduce Coppernico Metals. Coppernico, formally known as Sombrero Resources, has received its drill permit in Peru. Ivan discusses the targets for the upcoming program, a renewed interest in Peru, and the patience it has taken to get the company to this point.

Matt Geiger from MJG Capital discusses the recent turn in the commodity market. He believes that gold is the bellwether for commodities and that the recent breakout is the real deal. He also discusses the opportunities in junior equities and the criteria he uses to evaluate copper companies. Matt shares his insights on exploration and mining opportunities in Africa, particularly in the Arabian Nubian Shield. He concludes by recommending several mining books for listeners to explore.

Vukasin Pecovic shares his approach to due diligence in the resource sector. He discusses his interest focusing on special situations and misunderstood assets. Vukasin emphasizes the significance of asset evaluation and the need for in-depth research. He also reflects on his past losses and the importance of managing risk. Vukasin addresses the responsibility of sharing investment ideas publicly and the need to balance praise and criticism. He concludes by discussing the future outlook and the importance of staying focused on the next opportunities.

Metals Acquisition, led by CEO Mick McMullen, acquired the CSA project in Australia from Glencore last year. The project has shown exceptional drill results with high-grade copper mineralization. The company's strategy is to extend the mine's reserve life and identify satellite ore bodies to maximize production and reduce costs. The CSA project has significant potential for value creation, and the company aims to leverage the high copper prices. Metals Acquisition has a unique market position in Australia and aims to attract investors looking for copper exposure.

More M&A news today between Alamos Gold and Argonaut Gold. Vizsla Silver updates the market on its Royalties spin-out. Western Copper and Gold has new drill results out from met test work. Magna Mining signs an off-take agreement with Vale.

We'd like to thank our sponsors:

Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona, a tier 1 location. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport via highway i-10, and with grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠

Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠⁠⁠⁠⁠vgcx.com⁠⁠⁠⁠⁠.

Mako Mining CEO, Akiba Leisman, joins Trevor on MSD today to talk about the acquisition of Goldsource Mines and its Eagle Mountain Project in Guayana. Akiba discusses the uniqueness of Mako and why Goldsource made for the best partners for such an acquisition. Not only does the deal add new ounces onto the portfolio, but it will also expand Mako's jurisdictional risk profile for gold mining investors.