Michael McCrae fills in for Trevor Hall to host today's briefing while Trevor attends the AME Roundup. Today is Thursday, January 29, and markets are seeing historic volatility. News covered today:

• Borealis Mining (TSX-V: BOGO) announced the first production blast at its Borealis Gold Mine in Nevada as it moves toward its goal of becoming a mid-tier producer.

• Hecla Mining (NYSE: HL) produced 17.0 million ounces of silver in 2025, hitting the top end of its guidance, though shares traded down following the release of forward-looking estimates.

• K92 Mining (TSX: KNT) provided guidance for 2026, projecting production to increase to between 190,000 and 225,000 ounces gold equivalent.

• Critical Minerals Policy: Reuters reports that the Trump administration informed executives it is stepping back from plans to guarantee minimum prices for US critical minerals projects.

• Vizsla Silver (TSX: VZLA) has temporarily suspended certain activities .

• Cartier Resources (TSX-V: ECR) filed an updated technical report for the Cadillac Project in Quebec that outlines a 48% increase in inferred gold resources.

• Minera Alamos (TSX-V: MAI) announced that a subsidiary of Equinox Gold agreed to sell a large block of shares to strategic investors for approximately C$56.1 million.

Today’s Sponsor:

Revival Gold is one of the largest pure gold mine developers 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. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-gold.com.