Fred Bell, CEO of Elemental Altus Royalties (TSX.V:ELE) (OTCQX:ELEMF), joins me to review the key takeaways from the Q4 and full year 2024 financials, including record quarterly and annual revenues and cash flows, marking their seventh consecutive year of revenue growth. We also discuss the financial and development growth on tap for 2025, with updates at key royalty partner operations.

Full Year 2024 Highlights:

Fourth Quarter 2024 Highlights:

2025 Outlook

Fred breaks down the financial strength of the company, and the leverage of it’s balance sheet to rising production and revenues in a higher metals price environment. He also highlighted with the roughly $5 million in cash on hand, the expected revenues over $30 million this year, a number of additional incoming $15 million in one-off payments, and the $50 million credit facility on hand, that the company is in a great position to keep reviewing acquisition transactions in the year to come.

 Wrapping up we cover some of the anticipated growth of the projects at their key cornerstone royalty assets: Caserones, Karlawinda, Korali-Sud, as well key royalties on compelling development projects in their portfolio like Arizona Sonoran’s Cactus project in Arizona, Focus Minerals’ Laverton project in Western Australia, and Firefly Metals Pickel Crow project in Ontario.  

If you have any follow up questions for Fred regarding Elemental Altus Royalties, then please email them to me at [email protected].

Click here to view recent news on the Elemental Altus Royalties website

Brien Lundin, Editor of Gold Newsletter and Host of the New Orleans Investment Conference (Nov 2–5) joins us to share his insights on the current precious metals bull market and how investors should approach it.

Brien emphasizes the shift in playbook from bear to bull market especially in the precious metals stocks.

Key themes covered in this interview:

Click here to learn more about the Gold Newsletter.

Colin Padget, President and CEO of Founders Metals (TSX.V:FDR - OTC: FDMIF - FRA:9DL0), joins us to discuss the latest developments at the company’s flagship Antino Gold Project in Suriname. Colin provides a detailed breakdown of drill intercepts and explains how Founders is building towards a multi-deposit, bulk-tonnage resource. He also highlights ongoing drilling (over 15,000m completed of a planned 60,000m) and outlines what results are coming next.

Key themes include:

If you have any follow up questions or topic you would like Colin to address please email me at [email protected]. 

Click here to visit the Founders Metals website.

Simon Dyakowski, President and CEO of Aztec Minerals (TSX.V:AZT - OTCQB:AZZTF), joins me to discuss the company’s recent financing update, planning to raise $3million, and outlines plans for an upcoming drill program focused on expanding high-grade silver-gold mineralization at the Tombstone Project, in Arizona.

In this interview:

Please email me any questions you have for Simon. My email address is [email protected]. 

Click here to visit the Aztec Minerals website.

Alex Langer, President and CEO of Sierra Madre Gold And Silver (TSXV: SM) (OTCQX: SMDRF), joins me to review the Q4 and full-year 2024 operations and financial metrics from ramp up production at the La Guitarra Mine and processing plant, in Mexico.  We also look a number of future development and exploration value drivers for the Company across their district-scale land package.

FY 2024 and Q4 2024 Financial Highlights

Alex then lays out the envisioned plan is to run the mill at 500 tpd most of next year, at the slated commercial production throughput. However, he then also shares the pathway forward where a modest amount of equipment can be purchased and installed to grow the mill throughput to 650 TPD in 2026, and then all the way up to 1,000+ TPD by the end of 2027.  In addition to the potential of growth through production, we also discuss the leverage that a silver and gold producer like Sierra Madre will have to the potential of rising metals prices in 2025 and 2026.

Next we shift over into the larger growth vision of the company, as it will turn it’s it focus to exploring this district scale land package the end of next year, funded through organically generated revenues.  The property hosts 8 different past-producing mines, with the first 2 priorities being to explore around the El Rincon and Mina de Agua mines.   Additionally, there is a non-compliant 17 million ounce historic resource at the Nazareno Mine, and also solid underground infrastructure at the nearby high-grade Coloso Mine, that First Majestic had put quite a bit of sunk cost into already. Moving the Coloso Mine back into production will be another near-term area of future expansion, which could see supplementary production complimenting the current production coming out of La Guitarra.

If you have any questions for Alex regarding Sierra Madre Gold and Silver, then please email them to me at either [email protected].

Click here to follow along with the latest news from Sierra Madre Gold & Silver

Zayn Kalyan, CEO of Scorpio Gold (TSX.V:SGN - OTCQB:SRCRF - FSE:RY9) joins us to discuss the company’s refined strategy in Nevada, focused on the Manhattan Project.

Key Themes:

The Manhattan Project is located just 10 miles south of Kinross’s Round Mountain mine Zayn highlights the strategic upside with existing infrastructure and a nearby NSR held by Kinross.

Click here to visit the Scorpio Gold website to learn more about the Company.

Michael Belkin, a long-time market strategist and editor of the Belkin Report and Belkin Gold Stock Forecast, joins us for an in-depth conversation on why gold and gold stocks may be the last assets standing in an increasingly volatile and overvalued global market.

In this interview, Michael shares his evolving thesis since our last discussion in February, highlighting a parabolic move in gold, growing central bank demand, and how the supposed “most crowded trade”, as labeled in the recent Bank of America Global Fund Managers Survey, is still largely under-owned by institutional investors.

Gold Stock Forecasts are available at: BGSF 

Discount Coupons are available upon request for KER listeners. Contact Marc at [email protected].

Caleb Stroup, President and CEO of Headwater Gold (CSE:HWG - OTCQB:HWAUF), joins us to provide an overview of recent project acquisitions and drill results, all in Nevada. As a hybrid prospect generator/explorer, Headwater is advancing projects both independently and through earn-in partner Newmont.

Here are the highlights: 

🔹 Spring Peak & Lodestar Projects (Newmont Earn-In):

🔹 Permitting and Scale:

🔹 New Projects: Whiskey and Jake Creek

🔹 Strong Financial Position & Partnering Outlook:

Please email your questions for Caleb to us at [email protected] and [email protected]. 

Click here to visit the Headwater Gold website to read over the recent news.

Mike Burke, Director and VP of Corporate Development at Sitka Gold (TSX.V:SIG - OTCQB:SITKF - FRE:1RF), joins me to unpack the April 22nd news release reporting drill results from Hole 75 at the RC Gold Project in Yukon. This hole marks the deepest and highest-grade gold intercept to date, with highlights including:

Mike explains how this hole steps out from a previously high-grade interval (Hole 68), what the figures show in cross-section and plan view, and why deeper mineralization could transform both the scope and economics of this project.

We also discuss:

If you have any follow up questions for Mike please email me at [email protected]. 

Click here visit the Sitka Gold website to learn more about the Company.

We’re joined by Dave Erfle, Founder and Editor of Junior Miner Junky, to break down the latest surge and correction in the gold price, and how investors should be reading the signals from gold stocks.

Key topics covered:

Dave also highlights recent takeovers like Lumina Gold and Triple Flag’s acquisition of Orogen, and explains why generalists may soon rotate into miners as broader markets stay unstable.

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.