The KE Report

Frank Callaghan, President and CEO of Golden Cariboo Resources, an exploration executive with a track record in the Cariboo district. He discusses broad bulk-tonnage gold mineralization, 28 successful drill holes and a 29th about to start. Talks step-out drilling extending strike length, fast photon assaying for quick results, and plans to compile a maiden resource estimate soon.

David Stein, President and CEO of Kuya Silver, leads operations and exploration at the Bethania Mine. He discusses ramping Bethania toward 350 TPD and phased development progress. He outlines a fully funded 20,000-meter drill program split between underground expansion and new surface vein testing. He also covers due diligence on a potential Carmila processing plant acquisition and how strong silver prices affect plans.

As geopolitical tensions in the Middle East persist, the global economy is grappling with more than just volatile oil prices. This week’s show brings together Peter Boockvar (CIO, OnePoint BFG Wealth Partners) and Marc Chandler (Managing Partner, Bannockburn Global Forex) to dissect the deeper structural shifts - from the "parabolic" move in gold and the cooling AI trade to the looming shadow of the un-stress-tested private credit market.   Segment 1 & 2 - Peter Boockvar, Chief Investment Officer at OnePoint BFG Wealth Partners and editor of the Boock Report on Substack, analyzes the long-term economic consequences of the Middle East conflict. He discusses the persistence of inflation driven by elevated commodity and energy prices, the "stagflationary" risks of modest growth paired with high costs, and significant shifts in global markets, including the waning momentum of AI tech stocks and the increasing appeal of gold as a reserve asset. Click here to follow Peter at The Boock Report - https://peterboockvar.substack.com/   Segment 3 & 4 -  Marc Chandler, Managing Partner at Bannockburn Global Forex and editor of the Marc to Market website, discusses the economic shifts and market volatility resulting from the ongoing Middle East conflict. He examines how fluctuating energy prices and supply chain vulnerabilities are influencing global central bank policies, interest rates, and currency trends, while also addressing recent shifts in gold and treasury holdings. 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.

Marco Roque, President and CEO of Cassiar Gold (TSX.V:GLDC – OTCQX:CGLCF), joins me for a comprehensive visual company overview and update on all the exploration and development work completed to date and that remains on tap for 2026; as they continue expanding the Cassiar Gold project, located in northern British Columbia.   We start off reviewing the jurisdiction and topography, large degree of sunk costs and infrastructure in place across larger Project; including an existing mill and tailings facilities, road access right onto the property, power access, and small camp in place.   Marco outlines all the historic exploration and development work completed over the last handful of yeas at Cassiar North.  Marco breaks down the 2.3 million ounces of gold in all categories at the bulk tonnage resources in place at the main Taurus Deposit.   He also highlighted the nearby areas along trend that have been receiving ground exploration and drilling at the Wings Canyon, Hopeful, Auroch, and Newcoast targets. In particular, the exploration team is animated by the potential at Newcoast area to be similar to Taurus in grade, scale, and potential depth; especially after the successful drilling here during the 2025 program. Newcoast is not yet included in the resources, and could be a key area for mineral expansion. Additionally, there are regional targets like Lucky and Snow Creek that have early indications that they may host similar Taurus-Style mineralization, alteration, and veining.   Today, on April 2nd, the Company announced it has initiated a Preliminary Economic Assessment (“PEA”) for the property’s Taurus deposit, having selected Ausenco, a globally recognized engineering, consulting, and project delivery firm with a proven track record in all phases of project development. The Company is targeting the completion of the PEA in Q3 2026, and it will be based on the recently updated foundational resource at the bulk-tonnage Taurus deposit.   The Taurus deposit comprises an Indicated Mineral Resource of 8.8 million tonnes at 1.43 grams per tonnes (g/t) gold for 410,000 ounces with an additional 63.2 million tonnes with 1.93 million ounce at 0.95 g/t gold Inferred.   Shifting down to Cassiar South, we review the number of past producing mines, and high-grade nature to the broader veins in the mineralization on this part of the Project. The company will be drilling here again in 2026, after taking a few year to focus on growing Cassiar North, and is doing internal scoping studies to consider fast-tracking the potential development into smaller-scale production in this higher metals price environment. They are also reviewing underground portals and mill refurbishment to assess what would be needed for an expedited move into production. None of the prior drilling or known historic resources at Cassiar South are included in the current Mineral Resource Estimate.     We wrap up getting into the experience of the management team and board of directors, the key stakeholders and analyst coverage, financial health of the company treasury to keep executing on the work programs in 2026, and their undervaluation on several metrics compared to peers, highlighting the potential for rerating.       If you have any questions for Marco on Cassiar Gold, then please email them to me at Shad@kereport.com.    Click here to follow the latest news from Cassiar 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.

Jordan Rusche, Founder of Mining Stock Monkey, joins me for an in-depth and nuanced discussion on the recent volatility in oil prices, gold and silver prices, and his approach to valuing precious metals mining stocks and royalty companies; along with which companies he is actively trading in his portfolio.   We start out catching up on how the war in the Middle East has spiked the oil price over the past month, allowing savvy energy companies to go out on the forward futures curve and hedge partial amounts of future production at much higher levels.   We revisited the value proposition synergies from ongoing business combination of Devon Energy (NYSE: DVN) and Coterra Energy (NYSE: CTRA) which announced an all-stock merger back in February. The business combination will create a leading large-cap shale operator with a high-quality diversified asset base in the Delaware Basin, Permian Basin, Marcellus Shale, and Anadarko Basin. We discussed the additional natural gas assets that will give the pro-forma company better margins, and secondary value lever beyond the rising oil prices.   Next we shifted over to some of the valuations in the gold stocks in light of the large corrective moves we saw across the board during the month of March. Jordan breaks down that these big pullbacks have him looking anew at quality development companies, like Rupert Resources Ltd (TSX: RUP) (OTCQX: RUPRF) (FSE:R05), that have dropped precipitously in market cap and share price and are presenting a compelling accumulation environment.   He also remains animated by the continued the growth on tap for royalty and streaming companies, highlighting Royal Gold, Inc. (NASDAQ: RGLD) as undervalued on a number of fundamental metrics compared to all their larger peers. Secondly, Jordan highlights that he is able to gain access to copper and other metals by way of investments in Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF), Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE), and Orogen Royalties (TSX.V: OGN – OTCQX: OGNNF).     Get 25% OFF Mining Stock Monkey VIP, (limited to 5 KE Report subscribers):   https://miningstockmonkey.com/products/vip?promo=KEREPORT25   https://miningstockmonkey.substack.com/KE25   Sign up for Jordan's free "Silverback Letter" here:   https://miningstockmonkey.substack.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. 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 are joined by Joel Elconin, co-host of the Pre-Market Prep show and founder of the Stock Trader Network. Joel provides a candid assessment of the current "muddled" market environment, characterized by excessive volatility and a lack of clear direction. The discussion dives deep into the macroeconomic headwinds currently facing investors, including the inflationary impact of rising crude prices and the potential shift in Federal Reserve policy toward rate hikes rather than cuts. Joel also explores the internal fragility of the financial system, specifically the pressures mounting in the banking sector and the burgeoning risks within private credit.   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 Mentioned: Microsoft (MSFT), Meta (META), Amazon (AMZN), NVIDIA (NVDA), Micron (MU), Oracle (ORCL), Lennar (LEN), ConocoPhillips (COP), Nike (NKE).   ---------------------------- 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.

In this Company Update, I chat with Tara Christie, President and CEO of Banyan Gold (TSX.V: BYN | OTCQB: BYAGF), and Patrick Langlois, the newly appointed VP of Strategy and Corporate Development. With a massive gold resource (over 7.7mil oz gold indicated + inferred) already established at the AurMac Project in the Yukon, the team discusses how recent high-grade silver results and strategic leadership are shifting the company's trajectory from exploration toward a development story. Key Discussion Points: High-Grade Silver Discoveries: Tara outlines the significance of the March 16th news release, which highlighted an intercept of over 3,400 g/t silver over 1.4 meters. Strategic Leadership: Patrick Langlois shares what drew him to Banyan after his successful tenure at Probe Gold. 2026 Development Catalysts: The company is currently executing a 50,000-meter drill program with five rigs active on-site. This work is focused on converting waste to ore and refining the geological model in preparation for an updated Mineral Resource Estimate and a Preliminary Economic Assessment (PEA) due in the second half of 2026.   If you have any follow up questions for Tara please email me at Fleck@kereport.com.    Click here to visit the Banyan Gold website - https://banyangold.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.

In this Company Update, I am joined by Mike Burke, Director and Vice President of Corporate Development at Sitka Gold (TSX.V: SIG | OTCQB: SITKF). Mike provides more details on the updated Resource Estimate (now at 5.12mil gold oz in indicated + inferred), a new Director, a proposed spin out of assets in Nevada and Arizona, and an update on the large exploration program currently underway at the RC Gold Project in the Yukon. Key Discussion Points: Expanded Mineral Resource Estimate: Mike breaks down the recently filed technical report detailing the 5.2 million ounce gold resource, specifically highlighting the higher-grade near-surface material at the Blackjack and Rosgobel deposits. Asset Spin-Out Strategy: Analysis of the plan to spin out the Nevada and Arizona assets - Alpha Gold and Burro Creek. Strategic Board Appointments: The addition of Caroline Hendrick brings specialized expertise in securities law as the company advances the project. The 60,000m Drill Program: An update on the multiple rig operation currently active at RC Gold, focused on expanding the resource and testing new targets. Tungsten By-product Potential: Initial insights into the re-assaying of 34 drill holes to quantify significant tungsten concentrations discovered alongside the gold mineralization.   If you have any follow up questions for the team at Sitka Gold please email me at Fleck@kereport.com.    Click here visit the Sitka Gold website to learn more about the Company - https://sitkagoldcorp.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.

In this Company Update, I am joined by Eric Roth, President and CEO of Capella Minerals (TSXV: CMIL | OTCQB: CMILF), for a comprehensive exploration update on the company’s projects in Finland and Spain. Backed by the funding and earn-in partnership with Tumad, the company is testing high-grade gold and copper targets across a portfolio of projects in Finland and Norway. Key Discussion Points: Killero East Drill Program Completion: Eric provides details on the recently completed almost 2,000-meter diamond drilling program at the Killero East gold-copper project, discussing the timeline for upcoming assay results. New Gold Targets in Finland: An overview of the base-of-till (BOT) sampling currently underway at the Seisunselka and Jolhikko targets, located about 10km west of Killero East in the Central Lapland Greenstone Belt. Finnish Portfolio Pipeline: A look ahead at the drill-ready targets at Killero West which id slated for follow-up work during the summer 2026 campaign. Spanish Copper-Gold Expansion: Updates on the new portfolio in Southern Spain, where geophysical surveys are targeting high-grade iron oxide-copper-gold (IOCG) systems similar to those found in world-class districts in Brazil and Australia. Tumad Earn-In Agreement: A breakdown of the 2026 work commitments, including the 12,000-meter total drill commitment across Finland and Norway.   If you have any follow up questions for Eric please email me at Fleck@kereport.com.    Click here to visit the Capella Minerals 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.

[Recorded March 31st, 2026] Sean Brodrick, Editor of Wealth Megatrends, Supercycle Investor, Resource Trader, and contributing analyst to Weiss Ratings Daily, joins us to review how he is trading these volatile markets on the back of Middle East geopolitics, and a positive upswing in many sectors, including the precious metals and critical minerals stocks on the last day of March. We look ahead to April, and the trends he’ll be watching most closely.   We discuss the ever-shifting narratives on the Middle East war, and the longer-term implications for oil prices, which he believes will remain more elevated than prior to this conflict, and won’t be going back down to where they were previous to this month.  He is holding onto many of the oil and gas names in his portfolio, but understands why some investors may want to pull some profits after very nice moves higher.   With regards to the precious metals, Sean remains bullish for gold and silver for the medium-term to longer, because all the broader fundamental macroeconomic and geopolitical factors are still in place and haven’t changed. While the central bank of Turkey has been selling gold to support their currency, and some countries in the Middle East have been rumored to be selling gold to counter losses in energy revenues, he believes that selling pressure will subside if a resolution is reached with regards to the Strait of Hormuz. He doesn’t feel the bull market in precious metals has been negated, despite all the downside price action since the January peak, as long as gold holds above $4,100.   Sean and his subscriber still have good exposure to gold and silver stocks, but are now considering buying back or adding to positions that they had trimmed back in January after the big sector correction during the month of March, but constructive recent bounce. He highlighted Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) as stock that sold off hard after their recent earnings, due to higher costs from more capital spending that investors were expecting, but it also reversed back up strong to close up the month along with the sector. He sees moments like this as examples of where investors that missed a stock on the way up the first time, get another opportunity to accumulate into pullbacks.     With regards to the critical minerals stocks; a wide range of the antimony, tungsten, and rare earth stocks had a big surge on the last day of March, along with the rest of the metals complex, and he noted that many will still benefit from future government funds and policy initiatives to support these important inputs into infrastructure and defense. He highlighted that he and his subscribers had done well in United States Antimony (NYSE American: UAMY)and continue to look for opportune times to add into weakness, since the US government has a been a customer and strategic partner.  They are also partnered with Americas Gold and Silver in a JV to build an antimony processing plant in Idaho, to keep their production and processing domestic. Sean also highlights the positive news from Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) on March 31st, where the Board of the Export-Import Bank of the United States ("U.S. EXIM") unanimously agreed to notify Congress of a proposed $2.7 billion senior secured long-term loan for development of Perpetua's Stibnite Gold Project. With regards to a rare earth stock bouncing at month end, that may be offering a compelling entry point after a larger correction, he flagged Critical Metals Corp. (Nasdaq: CRML) as a stock he is watching more closely.   Click here to follow along with Sean’s work at Weiss Ratings Daily and Wealth Megatrends . Click here to learn more about Resource Trader   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.