Resource Talks (CEO BBQ)

❗MAKO MINING HAS NOT PAID FOR THIS INTERVIEW. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:12 Important Warning 00:01:12 Mako Mining Company Overview00:10:12 Has the CEO made money for shareholders before?00:20:42 Does the CEO have other jobs? 00:23:31 How does Mako manage conflicts of interest? 00:37:02 Do insiders have real skin in the game? 00:49:03 What's the connection with Wexford? 00:55:13 Could the concentrated ownership be a draw? 01:01:36 Does Wexford want to sell? 01:10:58 What's the end goal for Mako Mining? 01:18:40 How long will it take for Mako to be self-sustaining? 01:24:16 How much money do they have right now? 01:27:14 What's the biggest challenge/risk for Mako Mining right now? 01:31:26 Is Nicaragua a stable jurisdiction?01:38:34 Are there higher safety expectations because of the topography? 01:41:29 Is there enough water? 01:43:59 How much life of mine does Mako have in Nicaragua? 01:48:34 What are the biggest technical challenges for Mako Mining? 01:52:26 What is the metallurgy in Nicaragua? 01:58:00 What's the most fair criticism of Mako right now? 02:03:46 Very Important Warning - DO NOT SKIPThis is a Mako Mining interview with CEO, Akiba Leisman.

❗SELKIRK COPPER MINES HAS NOT PAID FOR THIS INTERVIEW. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.

Timestamps:

00:00:00 Chapters

00:00:10 Important Warning

00:01:09 Selkirk Copper Overview

00:07:00 How will they deal with the 'boring phase'?

00:09:02 Has the CEO made money for shareholders before?

00:12:34 Does the CEO have other jobs?

00:13:35 Does the CEO have real skin in the game?

00:14:35 Is there cheap paper?

00:18:13 What really drives the Selkirk Copper team?

00:20:40 Do insiders own royalties on the Minto Mine?

00:22:14 How big is the Selkirk community?

00:23:15 Is the community supportive of restarting the Minto Mine?

00:25:29 Do they want to build and operate the mine or sell it?

00:27:13 What's the biggest risk/challenge for Selkirk Copper?

00:29:54 Why did the previous operator didn't make money on Minto?

00:33:44 Are there legacy liabilities that Selkirk Copper has to pay for?

00:37:09 Who pays for what?

00:39:30 What if there's a conflict between shareholders and the community?

00:43:55 What work has to be completed between now and 2027?

00:45:11 What are the ground conditions in that part of the Yukon?

00:46:50 What permits are needed for Minto to go back into production?

00:49:10 How long will it take to receive the permits?

00:51:17 Where did the copper concentrate go with the previous operator?

00:53:35 How resilient is their development plan to timing risk?

00:57:38 Will they have to raise capital again before 2027?

00:58:43 Why drill through the Yukon winter?

01:00:46 Where are they drilling now?

01:01:54 What % of the resource can be converted?

01:03:40 How is drilling going?

01:06:01 Does size matter?

01:10:46 Are they stepping out or only in-fill drilling?

01:11:39 How will they raise capital when the time comes?

01:12:54 When will they have news from the current program?

01:14:17 Do they understand the geology well enough?

01:17:35 Would they sell a stream on the silver?

01:18:35 How much money will they spend on G&A?

01:19:45 What are they doing for marketing?

01:23:35 What's the biggest criticism of Selkirk Copper?

01:25:11 Very Important Warning - DO NOT SKIPThis is a Selkirk Copper Mines interview with CEO, Colin Joudrie.

❗SUMMIT ROYALTIES HAS NOT PAID FOR THIS INTERVIEW. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:09 Important Warning00:01:08 Summit Royalties Company Overview00:04:32 Why start a new royalty company in this market?00:06:05 Has this CEO made money for shareholders before?00:08:13 What does a royalty CEO do all day?00:10:05 Do insiders have real skin in the game?00:13:10 How does Summit Royalties measure 'success'?00:16:27 What is the business strategy for Summit Royalties?00:18:25 What's the biggest risk for a royalty starup?00:19:30 Why did the CEO leave Metalla Royalty? 00:20:56 Why did the CEO start Summit Royalties?00:25:18 What is the market 'missing'?00:27:30 Do Eagle shareholders want to keep holding Summit shares?00:30:16 Are there warrants/options outstanding?00:32:43 Is raising capital going to be a challenge?00:33:53 Would they raise capital only for deals?00:37:47 How many deals a year do they want to do?00:39:04 Would they issue debt?00:40:48 Do they want to grow at all cost?00:43:10 How is the royalty competition in this stage of the market?00:46:02 Is cost of capital the most important thing for royalty companies?00:47:49 What kind of projects are they looking for?00:49:01 Are they jurisdiction-agnostic?00:50:37 Would they be looking for portfolio of royalties?00:52:39 How much revenue are they expecting in 2025?00:55:02 What makes them confident Madsen could work out?00:57:06 How much gold could Madsen deliver?00:59:12 Could this market push operators to buy back royalties?01:01:06 Can West Red Lake buy back the Madsen royalty?01:02:08 What’s the political risk for Bomboré? 01:03:34 How much silver could Bomboré pay?01:05:02 Can Orezone buy back the Bomboré royalty?01:07:33 How often does Summit Royalties get an update on its assets?01:08:53 How much gold could Zancudo pay?01:10:43 How high is the jurisdictional risk in Colombia? 01:12:29 How much will G&A be?01:14:10 How much will they be spending on marketing?01:16:02 What’s the biggest criticism of Summit Royalties?01:18:18 Very Important Warning - DO NOT SKIP

This is a Summit Royalties interview with CEO, Drew Clark.

❗GOLCONDA GOLD HAS NOT PAID FOR THIS INTERVIEW. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:13 Important Warning 00:01:12 Golconda Gold Company Overview 00:08:31 Why would I bother with small mines?00:12:06 Has the CEO made money for shareholders before?00:21:18 Does the CEO have other jobs? 00:22:29 What does the CEO do all day? 00:25:16 Do insiders have real skin in the game? 00:27:35 Is this insider ownership obstructive to liquidity? 00:29:53 Why is the COO selling shares? 00:40:09 How does Golconda measure 'success'?00:43:45 Do insiders own a royalty on the project? 00:44:46 Does Golconda want to stay small or grow? 00:50:19 Is there really a market for M&A of this size? 00:52:59 What's the biggest challenge for Golconda Gold? 00:57:15 Why are they operating on resources and not reserves? 01:01:41 When will they grow to their targeted 40K ounces? 01:05:07 What's the biggest operational risk for Golconda? 01:08:35 Can Golconda be consistently profitable from here on out?01:09:51 Is the gold stream an issue? 01:12:57 How much taxes do they have to pay next year? 01:15:12 Why does BEE get 26%? 01:17:21 What is the minimum gold price they need? 01:18:55 Is Golconda looking to diversify out of South Africa? 01:24:37 Is South Africa getting riskier with the higher gold price? 01:26:13 Where do they get power from? 01:28:06 Where do they get water from? 01:29:07 Where do they get labour from? 01:30:27 Are there any geotechnical risks at Galaxy? 01:31:37 What gold recoveries are they getting at Galaxy? 01:39:20 How do they split budgets between exploration and development? 01:41:19 What is going on at Summit? 01:43:58 How is the community situation at Summit? 01:44:51 How is the community situation in South Africa? 01:46:08 Is their G&A going to be higher in 2026? 01:47:51 What are they doing for marketing? 01:50:39 What's the biggest criticism of Golconda Gold? 01:53:42 Very Important Warning - DO NOT SKIP This is a Golconda Gold interview with CEO, Ravi Sood.

❗ALLIED CRITICAL METALS HAS PAID FOR THIS VIDEO. Viewers are encouraged to understand that Resource Talks is a business that creates and publishes video interviews in exchange for monetary compensation. This means that there will always be a conflict of interest with the interviewees which means you can never rely on anything said herein. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. You further acknowledge that entities which may be referenced or featured in this publication or their related parties may hold an interest in Resource Talks or its affiliates, which may create further conflict of interest.In general, viewers, listeners, and readers are encouraged to understand that this YouTube channel is a business that aims to receive compensation for the creation & publication of content. Viewers, listeners, and readers should should always assume there is a conflict of interest, as well biases. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help.The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters

00:02:13 Chapter 1 - Site Tour

00:25:22 Chapter 2 - Tungsten Market

00:56:37 Chapter 3 - Permitting & Community

01:11:35 Chapter 4 - Business Case

01:29:07 Very Important Warning - DO NOT SKIP

This Allied Critical Metals site visit film showcases the Borralha & Vila Verde tungsten projects in Portugal.

❗VIVA GOLD HAS NOT PAID FOR THIS INTERVIEW. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:09 Important Warning 00:01:08 Viva Gold Company Overview 00:05:58 Why is the Viva Gold stock underperforming? 00:07:56 Has the CEO made money for shareholders before? 00:11:16 How much time does the CEO spend running the company? 00:12:52 Does the CEO have real skin in the game? 00:14:57 Do they plan to increase insider ownership?00:15:46 How do insiders get paid? 00:17:39 Do insiders own a royalty on the project? 00:19:13 Does Viva want to build or sell?00:21:43 Who does an asset of this size fit with? 00:23:31 Why hasn't someone built this asset? 00:26:26 Is this going to be the last PEA? 00:28:21 What are the biggest challenges for this strategy? 00:29:52 What's the water situation for Viva Gold? 00:34:17 Do they have mining permits for the water? 00:37:36 What does the community have to say about water? 00:40:38 Does it make sense for the community to take the risk? 00:42:23 What kind of deal with TPU would they make? 00:44:14 How much time do they need to be fully permitted? 00:47:02 What does metallurgy look like? 00:49:39 Would the Arsenic-heavy water have an effect on operations? 00:51:23 Is finding capital a challenge? 00:54:51 How much money do they need to raise? 00:57:40 What is Dundee's involvement in Viva Gold? 00:58:42 How well do they really understand the geology of the orebody? 01:01:21 Are fault offsets potential challenges? 01:05:25 Is the oxide-sulphide transition zone well understood? 01:06:10 Do they understand the geometry of the orebody?01:08:08 Are they looking for other projects in the meantime? 01:09:08 Will their G&A go up? 01:10:25 What are they doing for marketing? 01:11:25 What's the most fair criticism of Viva Gold? 01:13:07 When will they have important news again? 01:16:03 Very Important Warning - DO NOT SKIPThis is a Viva Gold interview with CEO, James Hesketh.

❗BOREALIS MINING HAS NOT PAID FOR THIS INTERVIEW. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:09 Important Warning 00:01:07 Borealis Mining Company Overview 00:05:14 Is the valuation getting too high? 00:06:40 What kind of company is Borealis building? 00:09:00 Where will most of the gold production come from? 00:13:06 Do they want to diversify out of Nevada? 00:15:08 What's the closes analog to what Borealis is building? 00:18:34 How much revenue do they expect for next year? 00:21:25 How long do they leach for? 00:22:46 How much money do they have now? 00:23:44 What does "fully funded" really mean? 00:25:26 How much gold has Borealis produced already? 00:26:13 Why were the 2 pours so different? 00:29:33 What grades were they producing? 00:30:55 How much more gold can they produce from the current pile? 00:32:51 How predictable has the process been? 00:34:35 Can they really be up an running by Q1? 00:35:42 How long before they're running at full capacity? 00:36:42 What are the biggest challenges/risks for Borealis Mining? 00:39:07 Will they have to raise money before they're making money? 00:40:35 Would they pursue a strategic investor? 00:42:47 When do they expect to be profitable? 00:44:15 Would they ever do a dividend? 00:45:55 Are there any new legacy issues/challenges? 00:47:48 Do they have to put up a bigger bond? 00:50:45 Will they publish a PFS before production? 00:52:22 What are the expected production numbers? 00:54:28 At what gold price do they really make money? 00:56:36 How much of the production will come from fresh rock? 00:57:52 Will they need more permitting for the sulphides? 00:59:48 Can they process the sulphides? 01:01:03 Why not buy someone with infrastructure? 01:03:10 What's going on at Sandman? 01:10:20 Is there exploration potential? 01:13:08 How do they balance budgets? 01:15:10 Would Borealis Mining want to list in the US? 01:19:15 How much is G&A going to be? 01:20:58 How much are they spending on marketing? 01:21:50 What's the biggest criticism of Borealis Mining? 01:24:29 Very Important Warning - DO NOT SKIPThis is a Borealis Mining interview with CEO, Kelly Malcolm.

❗LUCA MINING HAS NOT PAID FOR THIS INTERVIEW. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:19 Very Important Warning! 00:01:09 Luca Mining Financial Overview 00:08:46 Why would I hold an early-stage producer? 00:10:06 Is this the right CEO for Luca Mining? 00:12:49 Does the CEO have real skin in the game? 00:13:32 How does Luca Mining measure 'success'? 00:20:17 Do they want to sell the company soon? 00:22:42 What is the biggest challenge for Luca Mining? 00:24:55 Why is Luca Mining still not profitable? 00:28:00 Why is AISC up so much? 00:30:34 Can they improve recoveries in Q4? 00:34:13 When will he recovery improvements be reflected in the bottom line? 00:36:38 Are they having issues with the concentrates? 00:37:57 When will the copper-lead circuit at Campo be added? 00:40:41 When will Luca Mining be consistently profitable? 00:43:08 Will they have to do another capita raise soon? 00:44:10 Can they do something about the silver stream? 00:47:49 Why are account payables growing? 00:49:13 Will Luca Mining ever pay a dividend? 00:50:22 How do they think about spending money? 00:53:27 Are there opportunities for M&A in this market? 00:55:38 What type of assets would they be looking to buy? 00:59:47 How is safety in the 2 states in Mexico? 01:01:13 How is the relationship with the locals? 01:08:05 How is exploration going for Luca Mining? 01:09:54 Are they looking for a strategic partner? 01:11:25 Who might be a potential buyer for Luca Mining?01:12:54 Will G&A go up? 01:13:54 What are they doing for marketing? 01:15:20 What's the biggest criticism of Luca Mining? 01:18:51 Very Important Warning! This is a Luca Mining interview with CEO Dan Barnholden.

❗Companies featured herein are either paying clients and/or the host may own shares. Please consider this a source of bias. The host owns shares of Awalé Resources.

By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication.

The information provided herein is general & impersonal in nature and meant for entertainment purposes only.

Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.

Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.

By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.

Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.

The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose.

If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.

Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:45 Important Warning00:01:19 David Lotan00:13:15 Coppernico Metals (TSX: COPR)00:17:00 Awalé Resources (TSX-V: ARIC)00:22:07 Riverside Resources (TSX-V: RRI)00:26:40 Yukon Metals (CSE: YMC)00:29:41 Maple Gold Mines (TSX-V: MGM)00:35:10 Element 29 Resources (TSX-V: ECU)In this video from the Precious Metals Summit 2025 conference in Zürich, Switzerland, I interview CEOs of junior mining companies on bear vs bull market, and about managing shareholders’ capital during a bear market.

❗PINNACLE SILVER & GOLD HAS PAID FOR THIS VIDEO. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication.The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.

Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:10 Very Important Warning 00:01:08 Pinnacle Silver & Gold Company Overview 00:04:21 How far is the recent financing going to carry them? 00:09:44 How much money do they need to raise for drilling? 00:14:58 What's their capital raising strategy? 00:18:39 When do they want to be drilling? 00:20:56 When do they want to raise capital? 00:25:02 Is water a concern for the next drill program? 00:27:05 What drilling permits do they need for above-ground drilling? 00:30:09 How does the newly-discovered vein change their targeting? 00:34:29 What's controlling the boiling zone? 00:38:27 How deep would they have to drill? 00:41:26 Why are El Capulin assays more consistent? 00:44:52 What's the total targeted strike length for drilling? 00:46:42 What drilling density do they need? 00:49:08 Would they need different mining methods for the different domains? 00:50:24 How long do they think it'll take to get into production?00:55:08 What recoveries are they hoping for? 00:58:08 What deleterious elements are they finding? 01:00:44 Is metallurgy variable? 01:08:46 Would the potential revenue be mostly gold or silver?01:12:54 How is safety on site in Mexico? 01:16:34 Are they doing any work at La Dura? 01:17:18 What's the biggest challenge/risk for Pinnacle Silver & Gold? 01:21:53 When is the next news release coming? 01:27:30 Are they doing any work on the Canadian projects? 01:28:41 Very Important Warning - DO NOT SKIP This is a Pinnacle Silver & Gold interview with CEO, Robert (Bob) Archer.