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The KE Report episodes
- Weekend Show - Doc & Marc Chandler - Is the Fed Irrelevant? Gold Targets vs Rising Rates & USD
Global financial markets are grappling with rising interest rates, shifting central bank dynamics, and widening currency misalignments. On this week’s Weekend Show, Richard "Doc" Postma and Marc Chandler analyze how surging long-term yields are reshaping asset classes, from gold and silver targets to foreign equities and global capital flows.
- Segment 1 & 2 - Kicking off this Weekend’s Show, Richard Postma (AKA "Doc") argues that rising interest rates and bond market deterioration will weigh heavily on broader equities and prolong a multi-year downturn in precious metals, projecting potential bottoms around $3,500 for gold and 40–50 for silver that could stretch into 2028. To navigate this environment, he outlines a defensive strategy centered on holding significant cash reserves while selectively eyeing long-term buying opportunities in beaten-down sectors such as gold and silver equities, uranium, and oil.
- Segment 3 & 4 - Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and editor of Marc to Market, discusses global bond yield trends, inflation expectations, and the persistent strength of the U.S. dollar. He highlights how corporate debt for the AI build-out competes with Treasury supply, evaluates heavily undervalued foreign currencies like the Yen and Euro, and advises dollar-based investors to consider diversifying into international equity markets.
- Click here to visit Marc’s site - Marc To Market - https://www.marctomarket.com/
If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X for more market commentary and company interviews. Don’t forget to subscribe and leave us a review!
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
53 min - Luca Mining – 2 Recent Acquisitions Transform The Company Across Its Production Profile, Metals Mix, Jurisdictions, And From A Valuation Perspective
Dan Barnholden, CEO of Luca Mining (TSX.V:LUCA) (OTCQX:LUCMF) (FSE:TSGA), joins me to review the strategy and benefits of their 2 recent acquisitions, that expand and transform Luca beyond their 2 currently producing assets – the Campo Morado and Tahuehueto mines, located in the prolific Sierra Madre mineralized belt in Mexico.
On September 21, the Company announced it had entered into a definitive share purchase agreement with Capstone Copper Corp., to acquire 100% of the Cozamin Mine in Zacatecas, Mexico for total upfront consideration of $290 million, and up to an additional $95 million in deferred and contingent consideration.
Transaction Highlights:
- More than doubles near-term production, with the combined company expected to generate net revenue of approximately $598 million in 2027(1), versus Luca’s 2025 net revenue of $177 million and operating cash flow of approximately $223 million in 2027(3), versus Luca’s 2025 operating cash flow of $37 million.
- Highly accretive to Luca’s operating cash flow per share (“CFPS”), with consensus estimates indicating a 93% increase from $0.22/sh(2) to $0.42/sh(2, 3) with the addition of Cozamin.
- Increase in free cash flow per share, with consensus estimates indicating an approximate $139 million(2), or $0.28/sh(2), improvement in unlevered free cash flow in 2027, from ($12 million)(2), or ($0.04/sh)(2), to $127 million(2), or $0.24/sh(2), with the addition of Cozamin(3).
- Adds a proven, cash-generating operating asset with 20 years of continuous production and a historical reserve-based mine plan extending to 2030.
- Established and permitted operation with longstanding community agreements and significant existing infrastructure, including the recently completed paste backfill and filtered tailings systems.
- Strategic fit in Luca’s existing Mexico focused portfolio with opportunity to leverage existing local Mexican operating expertise, permitting knowledge, and stakeholder relationships.
- Potential for mine life extension, resource upside, and operational optimization supported by a large historical resource base, extensive exploration opportunities across known mineralized systems and multiple underexplored targets, increased use of longhole mining, and Luca’s planned increased investment in exploration and resource definition following closing.
- Expands Luca’s exposure to copper, positioning the Company to benefit from anticipated long-term copper demand growth while retaining significant exposure to silver and precious metals.
- Potential to restart the existing zinc flotation circuit, providing operational flexibility to respond to improving zinc market conditions.
- Strengthens Luca’s ability to internally fund growth, with incremental cash flow from Cozamin expected to support future investment in the recently announced El Barqueño project, the Campo Morado Expansion, and other strategic initiatives.
- Enhanced scale and capital markets presence backed by strategic investors, supported by greater scale, stronger cash flow, and addition of several key strategic equity shareholders including Capstone ($15 million), Wheaton Precious Metals Corp. ($25 million), and Taurus Mining Finance Fund No.3 ($15 million), with a $75 million equity, initially backstop provided by Trafigura Pte Ltd., but transferred over to Goldgroup Mining Inc.
- Goldgroup Mining will have a 19.9% ownership interest in Luca on a non-diluted pro forma basis, after this transaction closes in late October.
On September 17, the Company announced a definitive asset purchase agreement with Agnico Eagle Mines Limited, to acquire 100% of the El Barqueño property. An initial payment of $10 million on closing of the Transaction to be satisfied through the issuance of common shares of Luca, and a deferred consideration of up to $30 million through milestone-linked payments.
The El Barqueño property covers over 32,000 hectares, is accessible by paved and secondary roads, and is located in the State of Jalisco, Mexico approximately 100km west of Guadalajara city and proximate to the municipality of. The Project is host to a historical (2025) mineral resource estimate of 399,265 ounces of gold equivalent at 1.47 g/t AuEq classified as indicated, with an additional 650,046 ounces of gold equivalent at 1.43 g/t AuEq inferred.
Click here to follow the latest news from Luca Mining
If you have any question for Dan regarding Luca Mining, then please email those into me at [email protected].
- In full disclosure Shad is a shareholder of Luca Mining at the time of this recording and may choose to buy or sell shares at any time.
For more market commentary & interview summaries, subscribe to our Substack reports:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
28 min - District Metals - New Drilling at Viken, Target Areas A & B, Exploration Strategy Alum Shale & Non-Alum Shale Projects
In this Company Update, I sit down with Garrett Ainsworth, President and CEO of District Metals Corp. (TSX-V: DMX | OTCQB: DMXCF | Nasdaq First North: DMXSE SDB). Garrett provides a comprehensive overview of the newly launched drill program at the company’s flagship Viken Property in Sweden, reviews regional exploration results, and unpacks the key regulatory and political catalysts shaping the company’s path forward.
Key discussion topics include:
- Drilling Commences at Viken: An overview of the newly mobilized drill program targeting two large, highly conductive anomalies (Target Areas A and B) identified by airborne MobileMT surveys.
- Drilling Strategy and Target Geometry: Insight into the planned meterage, hole depths, and why the exploration team is prioritizing shallow, thick zones to optimize future strip ratios.
- Regional Alum Shale Validation: A review of recent drilling across the Österkälen and Malgomaj licenses, where all 15 holes intersected graphitic black shale to validate the regional geophysical model.
- Work Across Non-Alum Shale Assets: A progress report on ongoing field mapping, geochemical sampling, and prospecting at Svärtjärn, Nianfors, and Ardnasvarre.
- Swedish Political Climate and National Interest Status: An update on the post-election landscape in Sweden, broad parliamentary support for domestic energy metals, and the timeline for the Geological Survey of Sweden’s National Interest decision.
If you have any follow up questions for Garrett please email me at [email protected].
Click here to visit the District Metals website to learn more about the Company - https://www.districtmetals.com/
----------------------------
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
16 min - Newcore Gold - 80,000m Drill Program Update: High-Grade Oxide Hits At Boin, Mine Plan Optimization, 98% Drill Hit Rates
In this Company Update, I sit down with Luke Alexander, President and Chief Executive Officer of Newcore Gold (TSXV: NCAU / OTCQX: NCAUF). Luke provides an exploration and corporate update on the company’s Enchi Gold Project located in southwest Ghana. With an 80,000-meter drill program ongoing and several rounds of high-grade assays recently delivered, we discuss how recent drilling success feeds into mine plan optimization, project de-risking, and the substantial disconnect between current equity valuations and project fundamentals.
Key discussion topics include:
- 80,000-Meter Drill Campaign Progress: An update on the pace of drilling, with roughly 30,000 meters of results still pending.
- Exceptional 98% Drill Hit Rate: What this continuity metric indicates about the broader mineralized system across the Enchi property.
- High-Grade Intercepts at the Boin Deposit: Insights into high-grade shallow results, including 2.59 g/t gold over 69 meters and 1.16 g/t gold over 41 meters, highlighting shallow plunging shoots.
- Mine Plan Optimization Strategy: How bringing higher-grade, near-surface oxide mineralization into the early years of the mine schedule could significantly bolster project economics.
- District-Scale Strike and Expansion Potential: The geological significance of Boin’s six-kilometer strike length and the open-ended potential across existing pits.
- The Valuation Disconnect and Market Dynamics: A look at the gap between the company's C$100M market cap and its post-tax PFS NPV, alongside share turnover since the study's release.
- Fully Funded Status and De-Risking Milestones: Treasury visibility into 2027 and the ongoing geotechnical, metallurgical, and environmental programs advancing Enchi toward future development decisions.
If you have any follow up questions for Luke please email me at [email protected].
Click here to visit the Newcore Gold website. - https://newcoregold.com/
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
19 min - Magna Mining – Key Takeaways From The Levack Mine PEA and Board Approval To Restart Production
Jason Jessup, CEO and Director of Magna Mining Inc. (TSX: NICU) (OTCQX: MGMNF) (FSE: 8YD), joins me to review the key takeaways from the Preliminary Economic Assessment (“PEA”) released after the market close on October 7th, for the restart of the fully-permitted Levack Mine, located in the North Range of the Sudbury Basin, northeastern Ontario, Canada. We also discuss the potential for the dual-track development of 2 mines, because the Company plans to release the PFS on Crean Hill in the next few weeks.
Levack PEA Highlights: (All amounts are expressed in Canadian dollars)
- Solid production profile and short time frame to commercial production: The Levack PEA contemplates underground mining of 5.75 million short tons with 7.3 years of commercial production and average annual payable copper equivalent (“CuEq”) production of 36.8 million pounds (“lbs”) at all-in sustaining costs (“AISC”) of US$3.71 per CuEq payable pound and commercial production anticipated in mid-2028.
- Low initial capital and robust pre-commercial production operating cash flows: Initial capital costs from January 1, 2027 to the start of commercial production are estimated to be $70.1 million, after incorporating equipment financing timing effects. This initial capital is estimated to be offset by refundable tax credits of approximately $5.6 million and expected pre-commercial production operating cash flow of approximately $55.9 million using base case price assumptions1, leaving a calculated net initial funding requirement of $8.6 million.
- Rapid payback and robust base case economics: Assuming base case commodity prices, the Levack PEA estimates payback in 0.6 years with a base case after-tax Internal Rate of Return (“IRR”) of 92.4% and an after-tax NPV7% of $227.0 million. Pre-tax cash flows in 2028 and 2029 are estimated to be approximately $96.5 million per year. Using September 2026 average commodity prices, the after-tax NPV7% increases to $313.6 million and the IRR improves to 115.8%, with average pre-tax cash flows of approximately $120.6 million per year in 2028 and 2029.
- Positive potential impact from the recently announced Productivity Mega Deduction: Incorporation of the Productivity Mega Deduction (“PMD”) could reduce the estimated federal taxes payable over the life of mine. The Levack PEA after-tax NPV7% improves by $5.1 million to $232.1 million and the IRR increases to 99.2%, by reducing total federal taxes paid by $1.6 million and accelerating the utilization of certain tax deductions.
Jason goes on to discuss the exploration upside at Levack to expand resources and future mine life well above what was released in this more conservative economic study. As a reminder, all of the recent high-grade copper, nickel, platinum, palladium, and gold results from the R-2 Zone are not included in the current resources or this PEA. There are also a number of other areas that will be getting drilling, and initiative to make another discovery at Levack.
Next we pivoted over to the potential for the dual-track development of Crean Hill along with Levack, after the C$140 Million strategic investment by Alpayana, that just closed on August 31st. The Company will be releasing a Pre-Feasibility Study (PFS) in October for Crean Hill, and the board will evaluate the final construction decision at that time.
Wrapping up, Jason paints the value proposition for how this Company could grow into a mid-tier polymetallic base metals and precious metals producer over the next handful of years, with other permitted projects like Podolsky and Shakespeare waiting in the project development pipeline.
Click here to follow along with the news at Magna Mining
If you have questions for Jason regarding Magna Mining, then please email me at [email protected].
- In full disclosure, Shad is a shareholder of Magna Mining at the time of this recording, and may choose to buy or sell shares at any time.
For more market commentary & interview summaries, subscribe to our Substack reports:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
19 min - Joel Elconin - Deteriorating Market Breadth, Tech Concentration, and S&P 500 Technical Levels
In this Daily Editorial, hosts Cory and Shad welcome Joel Elconin, Co-Host of the PreMarket Prep Show and Founder of the Stock Trader Network, to dissect an increasingly bifurcated market environment. While major indexes hover near record territory, underneath the surface, market participation tells a far more complicated story.
- The Market Breadth Divergence: Major cap-weighted indexes continue pushing near all-time highs, but broad market participation is thinning rapidly as capital funnels almost exclusively into mega-cap technology leaders.
- Real-Economy Warning Signs: Sharp downturns across critical logistics and transportation names point to potential headwinds for the broader economy that index-level gains may be masking.
- Cash Alternatives and Concentration Risks: With risk-free Treasury paper offering 5% yields, we examine why investors remain hesitant to step aside and whether widespread institutional crowding in Big Tech creates systemic exposure.
- AI Sentiment and Earnings Expectations: Rumored revenue adjustments in enterprise artificial intelligence are putting suppliers, data center plays, and software partners under the microscope ahead of a critical earnings season.
- S&P 500 Technical Benchmarks: A review of where the cash index stands relative to its 50-day moving average and what technical signals separate a standard market pullback from a meaningful trend reversal.
Stocks and Symbols Mentioned: S&P 500 Index (SPX / SPY), Berkshire Hathaway (BRK.A / BRK.B), iShares 20+ Year Treasury Bond ETF (TLT), iShares Russell 2000 ETF (IWM), J.B. Hunt Transport Services (JBHT), FedEx (FDX), United Parcel Service (UPS), Oracle (ORCL), Micron Technology (MU), Broadcom (AVGO), Delta Air Lines (DAL), and Alphabet (GOOGL).
Click here to visit Joel’s PreMarket Prep website - https://www.premarketprep.com/
Click here to visit the Stock Trader Network - https://www.stocktradernetwork.com/
------------------
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
15 min - Strikepoint Gold - Transformational Acquisition of the Multi-Million-Ounce Northumberland Project in Nevada
In this Company Update, we sit down with Mike Allen, President and CEO of StrikePoint Gold Inc. (TSX-V: SKP, OTCQB: STKXF), to discuss the transformational acquisition of the Northumberland Project from Newmont Corporation in Nevada's Walker Lane trend. Supported by an upsized $190 million bought deal financing and a newly fortified treasury, Mike details how this transaction reshapes the company, the geologic merits behind the 4+ million ounce gold-equivalent resource, and what the market can anticipate as drilling commences this fall.
Discussion highlights include:
- The Flagship Northumberland Acquisition: Background on acquiring this premier Walker Lane asset from Newmont, the historical exploration context, and how the multi-million-ounce resource provides a foundation for rapid corporate scaling.
- Upsized Financing and Balance Sheet Strength: The institutional appetite that pushed initial financing targets to an upsized $190 million bought deal, leaving approximately $90 million in cash to establish a clear two-year runway.
- Geologic Scale and World-Class Analogs: Insights into the Carlin-style stratigraphic system and why technical comparisons to multi-million-ounce deposits like Goldstrike’s Betze-Post highlight substantial expansion potential.
- Target Areas and Fall Drilling Plans: Utilizing five active drill permits to quickly test un-drilled near-pit gaps, open lateral extensions, down-dip continuity, and untested regional soil anomalies.
- Portfolio Strategy and Regional Synergy: How the company intends to maximize value from existing Walker Lane assets, Hercules and Cuprite, alongside potential long-term synergies near Kinross Gold’s Round Mountain operation.
Please email us with any follow up questions for Mike. Our email addresses are [email protected] and [email protected].
Click here to visit the Strikepoint Gold website to learn more about the Company.
-------------------------
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
14 min - Prince Silver - Exploration Update at Prince Silver Project, Nevada: Two of the Widest Silver Intersections to Date, Over 11,000 Meters Drilled
In this Company Update, we are joined by Derek Iwanaka, CEO of Prince Silver Corp. (CSE: PRNC | OTCQB: PRNCF | Frankfurt: T130). Derek provides an in-depth exploration update on the company's flagship Prince Silver Project in Nevada, following the completion of over 11,000 metres of drilling and the release of new assay results.
- Record-Width Silver Intersections: An overview of recently reported assays from holes PRC-59 and PRC-60, highlighting the widest polymetallic silver intersections encountered to date at shallow depths.
- Validating the Historical Mine Database: Insights into the ongoing twin-hole drilling program designed to verify past underground drilling and integrate legacy data into the geological model.
- Metallurgical Testing and By-Product Potential: How preliminary work around manganese extraction is shaping silver-equivalent calculations and overall resource quality.
- Nevada Permitting and Expanding Drill Metres: Why past surface disturbance allows the team to significantly expand drill meterage while staying within disturbance permit limits.
- Funding and Path to the Maiden Resource: What investors should anticipate heading into early next year regarding pending assays, resource modeling, and corporate milestones.
Please email us with any follow up questions for Derek - [email protected] & [email protected]
Click here to visit the Prince Silver website to learn more about the projects and team.
-----------------------
For more market commentary & interview summaries, subscribe to our Substacks:
- The KE Report: https://kereport.substack.com/
- Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
12 min - Kingsmen Resources – New Structure Encountered Which Intersected 218g/t AgEq over 6.5 Meters, Located 150 Meters West of High-Grade Hole LC-25-010
Scott Emerson, President and CEO of Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY), joins me for another exploration update where on September 22nd additional assays were reported from drilling a new structure (#8) on the Company's Las Coloradas silver project in the Parral mining district of the Central Mexican Silver Belt, Chihuahua Mexico.
Highlights :
- LC-26-020 returned 218 g/t AgEq (199 g/t silver and 0.53 g/t Au) over 6.45 metres, including 338 g/t AgEq (313 g/t silver) over 1.95 metres
- Confirms high-grade mineralization on a new structure (#8), 150 meters west of high-grade hole LC-25-010
- Second hole drilled on the #8 structure, following LC-25-008 (200 g/t AgEq and 0.28 g/t Au over 10.5 meters, including 931 g/t AgEq and 1.28 g/t Au over 1.6 meters), confirming continuity of high-grade mineralization across structures
Scott shares the significance of encountering a 3rd structure, based on the cross-cutting structures, and it is receiving immediate ~50-meter step-outs on either side of hole LC-26-020.
We go on to discuss some of the key exploration targets drilled in this year’s program thus far at the Soledad main structure, which has the historic Las Colorada Mine Target, the DBD Target, and then further along trend the Aguilar Target.
We then panned back on other targets at Las Coloradas getting drilling along the Soledad 2 structure on targets like Leona, or further afield regional targets like Saddle, based on the various data sets from mapping, sampling, historic data, and surveys flown that their team has compiled in the prioritized targets for this season.
There have been about 5,000 meters drilled to date, out of the 10,000 meter program, with multi-rig drilling still underway all the way up to the Christmas holiday. Then drilling will pick up again in late January and just keep going. The company is well funded with ~$13million in the treasury, and there will be a stead stream of assays to report for months into the future, building out the different areas of mineralization from this larger system.
If you have any questions for Scott regarding Kingsmen Resources, then please email those in at [email protected].
Click here to follow the latest news from Kingsmen Resources
For more market commentary & interview summaries, subscribe to our Substack reports:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
13 min - Elemental Royalty Corp – Acquisition of 5 Streams and Royalties for US$290 Million, and Strategic Divestment Of The Generation Business
Fred Bell, CEO and Director, of Elemental Royalty Corporation (NASDAQ: ELE) (TSX: ELE), joins me to review the acquisition of 5 streams and royalties for US$290 Million from Orion Mine Finance Management LP, and the strategic divestment of the Generation Business to Carlin East. We also discuss the long-life assets in their top 8-10 assets, as well as the organic growth profile in front of the company over the next few years.
- Acquisition of Stream and Royalty Portfolio: Elemental has entered into definitive agreements to acquire a high-quality portfolio of precious metals assets consisting of five streams and royalties for total consideration of US$290 million, with US$200 million in cash and US$90 million in equity to Orion Mine Finance Management LP. The portfolio is expected to be immediately accretive to NAV per share, materially accretive to revenue per share, increases the Company's precious metals weighting and adds material exposure in North America.
- Strategic Divestment and Simplification: in conjunction with the portfolio acquisition, Elemental announces that it has entered into a non-binding agreement with Carlin East Inc., wherein Carlin East will acquire Elemental's Generation Business comprising wholly-owned exploration projects and will take on management and shared ownership of the Company's Option Agreements and selected early stage exploration royalties related to the Generation Business. As consideration for the transaction, Elemental will acquire a cornerstone equity stake in Carlin East, and CEO and Director, David M. Cole, has resigned to take up a leadership position at Carlin East.
Highlights
- Immediately accretive stream and royalty portfolio acquisition materially increases Elemental's revenue, scale and exposure to high-quality producing precious metals assets, further adding to the Company's growth profile
- Enhances portfolio quality and diversification, Ruby Hill and Kouroussa will rank in the top five and top ten assets respectively in Elemental's portfolio, and increase the Company's exposure to Tier 1 jurisdictions.
- Strategic Divestment of Generation Business allows Elemental to retain the existing portfolio of over 100 early-stage royalties accumulated over more than a decade and to participate as the largest shareholder in future royalty generation through ownership of Carlin East
- Reduction in Elemental G&A by over 25% with additional savings expected and streamlined company structure
Click to follow the latest news from Elemental Royalty Corp
To see a comprehensive list of all Elemental Royalty Corp assets:
https://wp-elemental-royalty-2026.s3.eu-west-2.amazonaws.com/media/2026/06/ELE-Royalty-Asset-Handbook-2026.pdf
For more market commentary & interview summaries, subscribe to our Substack reports:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
30 min
About The KE Report
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The KE Report provides exclusive interviews with fund managers, newsletter writers, technical and fundamental analysts along with sub $10 billion market cap stocks. Interviews are published daily…
to help investors navigate the markets.
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