Mining Stock Daily

John McConnell of Victoria Gold joined us from the Deutsche Goldmesse this past weekend for his corporate editorial comments on the company's Q1 2024 production numbers. While quarterly gold production wasdown year over year, the summer and fall seasons are the strongest operating periods. The company expects to achieve 2024 gold production guidance of 165,000 to 185,000 ozs and cost guidance of US$1,450 to US$1,650 per oz.

"We drilled what ended up being the best nickel intercept on Earth in 2023." In this episode, Kylie reconnects with Brian Goldner of Talon Metals to discuss the Tamarack project in Minnesota, a nickel-copper-cobalt project. Recent news includes the discovery of mineralization in the Raptor zone, located underneath the current resource. Talon Metals has taken drilling and geophysics in-house, which has helped accelerate the project's progress. The project is located in Tamarack, Minnesota, and was originally discovered by the Minnesota Geologic Survey. Talon Metals has received support from the Department of Energy and the Department of Defense for the project. The project aims to provide a domestic source of nickel, which is in high demand for various industries.

In this morning's briefing: Osisko Metals provide updated Mineral Resource Estimate at Copper Mountain, Gaspé Peninsula, Quebec; Grid Metals announce updated Mineral Resource Estimate for MM copper/nickel Project, Manitoba; Vizsla Silver provide an update on acquisition from Inca Azteca Gold; Fireweed Metals appoint Peter Hemstead, to replace Brandon Macdonald, effective Friday; Western Alaska Minerals increase non-brokered private placement from up to C$1.5 million to up to C$2.5; and, Minera Alamos provided an update last Friday on its Cobre 4H Mexican subsidiary. This episode of Mining Stock Daily is brought to you by...  Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at ⁠https://vizslasilvercorp.com/⁠ Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠vgcx.com⁠.

This week's long-form episode is a syndication of a panel discussion Trevor hosted with on the 6ix platform earlier in the week titled, "How a Strong Gold Market May Impact Juniors in 2024." On the panel, Trevor took to a conversation with 3 different CEOs, including Luke Alexander of Newcore Gold, Brian Skanderbeg of GFG Resources, and James Atkinson of Advanced Gold Exploration. In the conversation, I pose a number of different questions to the group about a nature of new capital finding a home in junior exploration equities. Despite a rising gold price, the volumes in exploration stocks remain subdued. When will this change and why do investors remain on the sidelines? Along with these important questions, we also tackle inflationary risks on exploration teams and their access to financings. This episode of Mining Stock Daily is brought to you by...  Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠ ⁠https://vizslasilvercorp.com/⁠⁠ Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠⁠vgcx.com⁠⁠.

Jonathan Awde, President and CEO of Dakota Gold, discusses the maiden resource for the Richmond Hill project containing 1.3M oz gold indicated, 1.1M oz inferred. Emphasis on further expansion, silver incorporation, advantage of private ground. Updates on promising results at Maitland project with high-grade potential.

Backed by mining financier Frank Giustra, Blackwolf’s largest shareholder and the largest expected shareholder of the combined company, Treasury Metals and Blackwolf Copper and Gold today announce that they have entered into a definitive arrangement agreement dated May 1, 2024, to combine the two companies to advance the Goliath Gold Complex Project in Ontario. Kylie Williams caught up with Blackwolf CEO and Director Morgan Lekstrom to discuss the transaction.

In today's briefing: Li-FT Power report summer 2023 results from Pontax & Rupert Projects, James Bay, Quebec; Patriot Battery Metals announced agreement to acquire claim blocks from Azimut Exploration to increase Corvette Property, also in Eeyou Istchee James Bay region of Quebec; Snowline Gold announced discovery of new targets at its Rogue and Cynthia Projects in the Yukon Territory, Canada; Talon Metals announced 2024 progress at Tamarack Nickel-Copper-Cobalt Project in central Minnesota; and, Treasury Metals and Blackwolf Copper and Gold announce definitive arrangement agreement to combine to advance the Goliath Gold Complex Project in Ontario. This episode of Mining Stock Daily is brought to you by...  Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at ⁠https://vizslasilvercorp.com/⁠ Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠vgcx.com⁠.

Trident Royalties is a royalty company with a large portfolio of royalties in various commodities. They aim to build a diversified portfolio and have exposure to lithium, copper, mineral sands, iron ore, gold, and silver. Their Thacker Pass lithium royalty is a significant asset that is expected to generate substantial cash flow. Trident Royalties trades on the AIM in the UK and the OTC in the US. They have a revolving credit facility with BMO and CIBC to finance their acquisitions. The company is generating free cash flow and has a conservative GNA of $4 million per year.

In this morning's briefing: Thesis Gold reports an updated Mineral Resource Estimate at Lawyers-Ranch Project, northern BC; Onyx Gold announced additional gold results for 14 drill holes from Munro-Croesus Project, Ontario; Patriot Battery Metals announced core assay results at Corvette Property, Quebec; Imagine Lithium expands Casino Royale zone, Thunder Bay, Ontario; and, Intrepid Metals announce results from Corral Copper Property, Arizona. This episode of Mining Stock Daily is brought to you by...  Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at ⁠https://vizslasilvercorp.com/⁠ Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠vgcx.com⁠.

We connect with Francis Macdonald of Li-FT Power for a conversation regarding the recently completed winter drill program at the Yellowknife project. The program has successfully drilled 34,000 meters so far, contributing to an initial resource estimate. However, the limits of the pegmatites have not been defined yet. The conversation discusses the drill results from the Echo zone and the Big East pegmatite system. Li-FT will be taking all drill data into its maiden resource estimate for the project.