
Sign up to save your podcasts
Or


Justin Reid, President and CEO of Troilus Mining Corp. (TSX: TLG) (OTCQX: CHXMF) (FSE: CM5R), joins me for a comprehensive update on all the derisking work going into the basic and detailed engineering, permitting, near-mine and regional exploration, and raising the capital stack on a project of scale at the Gold-Copper Troilus Project located in northcentral Quebec, Canada.
Project Execution Progress Highlights
Geotechnical Program
A comprehensive geotechnical investigation program has been underway since Fall 2025 and will continue through Spring 2026. Drilling and site characterization across key plant and infrastructure areas are refining foundation design parameters and earthworks planning, directly strengthening schedule and cost certainty.
Metallurgical and Process Optimization
Additional metallurgical and process testwork has been undertaken to further validate plant design assumptions, including ore hardness characterization and recovery performance. This work supports equipment sizing confirmation, operational ramp-up planning, and long-term plant reliability.
We note that at present there are already 13 million gold equivalent ounces in all categories in place at the deposit; but that the 22 year projected mine life and robust economics are presently only factored on roughly half of these resources. There are currently 7 million ounces in reserves, which are the ounces that the economics and engineering is based upon; but clearly there are plenty of resources not yet factored in that will allow the project to either grow to a larger throughput, or they will further extend the mine life.
The potential for large future copper production, in concert with the gold and silver, has been integral in building out the capital stack with ECAs and MCAs, getting offtake agreements in place, and in bringing in key investors into the most recent capital raise.
Switching over to the permitting progress, on June 25th the Company announced that it had officially filed the Environmental and Social Impact Assessment (“ESIA”) with both the Government of Québec and the Government of Canada. The submission of the ESIA marked a major milestone in the development of the Troilus Project, representing the culmination of over five years of comprehensive baseline studies, robust technical evaluations, and meaningful engagement with Indigenous and local communities. Permitting should time out with remaining economic studies and engineering for a construction decision later in 2026.
Wrapping up we discussed the 40,000 meters that will be focused on near-mine resource growth, high-grade target definition, and regional exploration across its 435 km² land package. Drilling is progressing on a combination of mine-plan optimization targets and previously identified regional opportunities generated during the 2025 field program.
If you have any questions for Justin regarding Troilus Gold, then please email them over to me at [email protected].
Click here to follow along with the latest news from Troilus Gold
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. 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, and companies profiled may be sponsors of the KE Report.
In this Daily Editorial, we are joined by Marc Chandler, Managing Partner at Bannockburn Global Forex and Editor of the Marc to Market website. Following a volatile week defined by shifting geopolitical tensions in the Middle East and a significant "gap higher" in the markets, Marc provides a masterclass on the current macroeconomic landscape. We explore whether the recent ceasefire news is a signal for investors to "buy the dip" or a temporary reprieve in an ongoing shift in global power.
Key Discussion Points:
Click here to visit Marc’s site - Marc To Market - https://www.marctomarket.com/
---------------
For more market commentary & interview summaries, subscribe to our Substacks:
Mark Brennan, Founder, CEO, and Director of Cerrado Gold Inc (TSX.V: CERT) (OTCQX: CRDOF), joins me to review their full year 2025 financial and operational metrics at the producing Minera Don Nicolas (MDN) gold mine in Argentina. We discuss the aggressive 70,000 meter exploration program on tap for MDN into 2026, review the permitting process at the Lagoa Salgada VMS Project in Portugal and the key development catalysts on tap at the Mont Sorcier Iron-Vanadium project in Quebec.
2025 Financial Highlights
Mark and I review their Minera Don Nicolas producing gold project in Argentina, and the combination of heap leach and underground gold equivalent ounce production for the quarter. With improved crushing for the quantity of ore being put on the leach pads and the contribution of new higher-grade areas from the underground mining running through the CIL plant, this will help reduce down unit costs in 2026. We highlight how the ongoing 70,000 meter drill program will be looking to extend mine life in a substantial way and find new high-grade areas for future mine sequencing.
Next we got an update on the ongoing work from the previously announced unfavourable opinion of the environmental impact assessment (EIA) for the Lago Salgada VMS Project in Portugal. This ‘unfavourable opinion’ was issued after expiry of statutory deadline under Portuguese EIA legislation. The Company maintains its position that the project has been tacitly approved. Mark reiterated that the purported unfavorable opinion was issued despite the project being the first mining project in Portuguese history to receive unanimous favourable opinion for the Project by all 17 people that make up the Technical Evaluation Committee. The Company is working on a resolution and will update the market when it has more information.
Moving on to the Mont Sorcier Iron Project in Quebec, there are final workstreams feeding into the Bankable Feasibility Study slated for release here in Q2 of 2026. Recent metallurgical test work has reaffirmed the potential to produce high-grade and high-purity iron concentrate grading in excess of 67% iron with silica and alumina content below 2.3%, which gets a premium in the iron marketplace. The NPV(8%) of the is project in the prior PEA was US$1.6Billion, so even at a very low multiple being applied to this Project, it more than underpins the current market cap that the company is currently receiving, and yet the market cap doesn’t even fully reflect the gold production asset.
We wrap up discussing the underappreciated valuation that the company is receiving for the both the producing MDN mine in Argentina, the development-stage Lagoa Salgada and large Net Present Value of the Mont Sorcier Project.
If you have questions for Mark regarding Cerrado Gold, then please email those to me at [email protected].
Click here to see the latest news from Cerrado Gold.
For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
In this Daily Editorial, we welcome back Joel Elconin, Co-Host of the Pre-Market Prep Show and Founder of The Stock Trader’s Network, to dissect a market that remains remarkably resilient despite global volatility and confusing geopolitical headlines. Joel drives home that investors must prioritize price action over personal opinion, especially as markets react to shifting news regarding the potential "tease-fire" in the Middle East.
Key Discussion Points:
Click here to visit Joel’s PreMarket Prep website - https://www.premarketprep.com/
Click here to visit the Stock Trader Network - https://www.stocktradernetwork.com/
Stocks & Symbols Mentioned: S&P 500 ($SPY), Crude Oil ($CL), NVIDIA ($NVDA), Palantir ($PLTR), Oracle ($ORCL), Salesforce ($CRM), ServiceNow ($NOW), Seagate ($STX), Western Digital ($WDC), Marvell ($MRVL), Applied Optoelectronics ($AOI), Corning ($GLW), Lumentum ($LITE), and Utilities ETF ($XLU).
-----------------
For more market commentary & interview summaries, subscribe to our Substacks:
Shawn Howarth, President and CEO of Excellon Resources (TSXV:EXN) (OTC:EXNRF)(FRA:E4X2), joins me to outline all the development work going into the ramp up into production over the next few quarters at their flagship Mallay Silver Mine located in the Cerro de Pasco area of Peru. We then review the value proposition and optionality across their other 3 projects: Tres Cerros, Kilgore, and Silver City.
Excellon acquired the Mallay Silver Mine last year as a modern, fully permitted past-producing underground mine with a 600 tpd processing facility; that was built and operated by Buenaventura from 2012 to 2018. With US$115 million of historical investment and sunk costs, supported by an extensive drilling and operating database generated during Buenaventura's ownership, the Excellon team has many advantages here and a low capex investment to get back into commercial production.
In February 2026, Excellon released the updated NI 43-101 Mineral Resource Estimate:
Mallay MRE Highlights:
Shawn highlights the ongoing exploration program focused on the mineral resource expansion potential in the known Isguiz Zone inventory, as well as the Footwall Zone and Shafra Zone.
In 2025, Excellon secured an off-take agreements with Glencore for their lead and zinc concentrates, Shawn outlined that their internal studies project a run-rate of 600 tonnes per day of production, producing approximately 2-2.5 million silver equivalent ounces per year, and with a target All-In Sustaining Cost (AISC) of US$17 per AgEq ounce.
The Tres Cerros Project is a highly prospective gold-silver exploration project approximately five kilometers northwest of the Mallay Mine. The project’s prime area of interest is a 2.5 kilometer by 500 meter corridor of gold-silver mineralization and coincident IP/resistivity anomalies, indicative of a bulk tonnage, high sulfidation epithermal system. Numerous historical grab samples were taken across the 2.5 kilometer fault, which are being analyzed to determine further follow-up exploration work.
Kilgore, is an advanced gold project in Idaho with over 1 million ounces of gold delineated in all categories, and the Company is considering bringing in a JV partner to assist with moving this project forward in exploration and further derisking. Silver City, a high-grade epithermal silver district in Saxony, Germany, with a long history of almost 800 years of silver production. Shawn has stated publicly that they are looking at various options, but are entertaining the idea of spinning out this asset into a new European-focused exploration vehicle.
Wrapping up we reviewed the industry experience the Excellon management team and board has in both moving projects into production as well as a pedigree of exploration success. We discussed that the company is cashed up after their financing and off-take agreement, to conduct the key work and studies on tap over the next 6-9 months as the company moves toward a production decision.
If you have questions for Shawn regarding Excellon Resources, then please email those in to me at [email protected].
Click here to follow the latest news from Excellon Resources
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. 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.
In this Company Update, I am joined by Mike Spreadborough, the Executive Co-Chairman of Novo Resources (TSX: NVO | ASX: NVO | OTCQX: NSRPF), for a comprehensive update on the company’s extensive 2026 exploration plans in the Pilbara region, Australia.
Please email me with any follow up questions for Mike, Quinton, and the team at Novo Resources. My email address is [email protected].
Click here to visit the Novo Resources website to learn more about all the projects and exploration programs.
---------------
For more market commentary & interview summaries, subscribe to our Substacks:
In this Company Update, I am joined by Ryan O’Regan, CEO of Getty Copper (TSX.V: GTC). The company is undergoing a significant refresh under new management, revitalizing a project with a rich history in South Central British Columbia. Located immediately north of Teck’s Highland Valley Copper Mine, Getty Copper is about to begin a 16,000 meter drill program aimed at upgrading the historic resource and making new discoveries.
Key Discussion Points:
Feel free to email me with any follow up questions for Ryan. My email is [email protected].
Click here to visit the Getty Copper website - https://gettycopper.com/
---------------
For more market commentary & interview summaries, subscribe to our Substacks:
Scott Emerson, President and CEO of Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) joins me to review the key drill targets and exploration initiatives at their 2 silver and gold projects, Las Coloradas and Almoloya, located in the Parral District, in Chihuahua, Mexico.
We start off with Scott reviewing the 3,300-meter maiden reconnaissance drill program in 2025; with 12 holes that encountered broad intercepts and contained pockets of high-grade silver and gold mineralization for follow-up drilling around the historic Mine Target and DBD Target.
The company has raised capital to go after a 15,000 meter follow-up program at both their Las Coloradas Project and initial drilling at the Almoloya Gold/Silver Project. At this point, about ¾ of the drilling will be stepping out and going deeper across Las Coloradas, while also testing a few compelling regional targets. Then there are 2 historic mine areas at Almoloya, with much different geology that will be drilled.
Las Coloradas High-Grade Silver Project
Almoloya Gold/Silver Project
Wrapping up Scott highlights the financial health of the company, the closing of the upsized bought deal financing in January, continued support from key stakeholders, the pattern of raising money at higher and higher valuations, the ability of in-the-money warrants to potentially bring in more funds. Scott reiterated that the future value creation will be determined with the drill bit, and the Company is cashed up well to execute on this exploration program, and will remain drilling for the balance of this year.
If you have any questions for Scott regarding Kingsmen Resources, then please email those to me at [email protected].
Click here to follow the latest news from Kingsmen Resources
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. 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.
In this episode, we are joined by Anthony Margarit, President and CEO of K2 Gold (TSX-V: KTO | OTCQB: KTGDF | FRA: 23K), to discuss a transformative milestone for the company. Following the receipt of a positive Record of Decision for exploration drilling at the Mojave Project in California, K2 Gold is officially moving back into the field.
If you have any follow up questions for Anthony please comment below or email me at [email protected].
Click here to visit the K2 Gold website.
------------------------
For more market commentary & interview summaries, subscribe to our Substacks:
In this Company Update, we are joined by Colin Padget, President and CEO of Founders Metals (TSX.V:FDR - OTC:FDMIF - FSE:9DL0). Colin provides an in-depth look at the ongoing exploration at the Antino Project in Suriname, following the company’s recent addition to the GDXJ index and the 70,000-meter drill program for 2026.
Discussion Highlights:
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 - https://www.fdrmetals.com/
-----------------
For more market commentary & interview summaries, subscribe to our Substacks:
From the publisher's feed
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…

3,055 Listeners

146 Listeners

143 Listeners

98 Listeners

357 Listeners

259 Listeners

89 Listeners

72 Listeners

369 Listeners

70 Listeners

411 Listeners

84 Listeners

49 Listeners

23 Listeners

151 Listeners