Mining Stock Daily

John Black, CEO of Aldebaran Resources, joins MSD today to discuss the news out this week that Nuton has decided to terminate its option agreement with the Altar Project in Argentina. John talks about the market reaction and how the company's story has not changed with the news. Work on the ground continues as planned, which included 4 drill rigs for resource conversion drilling and geotechnical work.

Charles Funk of Helistar Metals joins the podcast for a thorough conversation on the latest developments out of the Ana Paula gold project in Mexico. Not only did the company publish a new PEA for the project, they also published new high grade drill results. The PEA showed a base Case of US$426.0M post tax NPV5, 28.1% IRR, with a 2.9 year payback at a US$2,400/oz gold price. We also dove into the Q3 financials and the outlook for continued cashflow being able assist in Ana Paula's continued development.

Vizsla Copper CEO and Chairman, Craig Parry, joined the podcast to provide his comments on the announced acquisition of the Palmer Project in Alaska. Craig talks about the current resource and potential upsides to those numbers with future drilling. We also discuss the financing accompanying the deal, which involved a $42M raise and an equity roll-back.

In this episode of Mining Stock Daily, Ian Wagner interviews Zane Kalyan, CEO of Scorpio Gold, discussing the company's recent drilling results, resource estimates, and future plans. Scorpio Gold is focused on developing the Manhattan Gold District in Nevada, with a goal of increasing their resource to two million ounces. The conversation highlights the significance of recent drill results, the exploration of new targets, and the overall market dynamics affecting gold mining.

George Salamis, Executive of Integra Resources, shares insights on Q3 production and financial updates for the Florida Canyon Mine. He discusses their strategy to reinvest in the mine for long-term benefits, despite higher all-in sustaining costs currently. The impact of rising gold prices on taxes and royalties is highlighted, with an expected cost increase per ounce. Salamis also provides updates on the DeLamar project, including the feasibility study timeline and collaboration with the BLM for permitting.

Greg Huffman, a seasoned geologist and executive in the mining industry, shares insights on the recent mineral resource estimate for Magna Mining's Levack Mine. He discusses the significant numbers: 6.1 million tonnes in the Indicated category and 5.2 million tonnes in the Inferred category, emphasizing the copper equivalent percentage. Greg also highlights the importance of converting historical data into a compliant resource and outlines plans for exploration in the promising R2 zone. Infrastructure upgrades and future operational visions are also on the agenda.

In a bustling news cycle, exploration updates are front and center. Heliostar Metals reports stunning high-grade gold intercepts, sparking interest in their expanded drill program. Scorpio Gold reveals intriguing results that suggest a new structural trend. Meanwhile, Fireweed Metals shares insights from their Mack Tungsten drilling, and Snowline Gold's lengthy intercepts catch market attention. Copernico aims for drilling approval at Sombrero, while Newton part ways with an Altar project, hinting at bioleaching opportunities.

Jon Cherry, CEO of Perpetua Resources, leads the charge on the Stibnite Gold Project, crucial for U.S. antimony supply. He delves into the project's significance for national defense, highlighting its unique antimony reserve. Cherry discusses a monumental $255 million financing deal, the challenges of domestic processing, and how gold economics drive the initiative. He shares insights on community engagement, continuous restoration efforts, and the broader outlook for critical minerals, emphasizing a balanced approach between engineering, policy, and community relations.

Warwick Smith, CEO of American Pacific Mining, discusses the strategic sale of the Palmer Copper-Zinc project to Vizsla Copper for up to $30 million. He highlights the partnership's potential, driven by Vizsla’s strong funding and the promising exploration remaining at Palmer. Shifting focus to the Madison project in Montana, Warwick shares plans for new staking and imminent drilling. He envisions a streamlined portfolio that not only strengthens their balance sheet but also opens doors to exciting exploration opportunities in the Nevada region.

Kiran Patankar, the new CEO of Maple Gold Mines, shares exciting updates on the Douay and Joutel Gold projects. He discusses a strategic reset, focusing on governance and attracting institutional investors. Kiran unveils plans for a massive 30,000m drilling program aimed at expanding resources and delving into historical workings at Joutel. He highlights the potential of Douay's existing resources and the past production at Joutel, outlining a bright future for the company as they enhance exploration and development.