Mining Stock Daily

We connect with Sierra Metals CEO and Director, Ernesto Balarezo, at the European Gold Forum in Zurich. The company is focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico. They also have a number of exploration projects within the portfolio.

Rob Bergmann of Relevant Gold joined us in Zurich last week for a corporate update on the company's latest exploratino results out of the Lewiston Project in Wyoming. The company did drill shear-hosted gold mineralization in 10 of their 11 drill holes and reported those results in February. They also released data from the 2023 airborne magnetics geophysical survey flown by the Wyoming Geological Survey (WSGS) and US Geological Survey (USGS). The regional survey covered the Company's entire 16,000-hectare portfolio of projects.

There are new drill results to report from Founders Metals, Calibre Mining, and G2 Goldfields today. Defiance Silver published an update from surface work done at the Lucita property. Corporate update from American Pacific Mining. 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 conclude the week with a 2-segment long-form episode. Our first conversation featured private investor, David Lotan, where we speak candidly about the junior exploration market. Despite the metals prices soaring, not all juniors are seeing a rising tide in sentiment. We then turn to Charles Lord Ashbourne of Edison Group to talk about the improved margins most gold miners should report come Q2 earning later this summer. We also have a discussion on all the tailwinds of the gold price, but also what might derail this strong rise. 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.

Chris Herald of Solitario Resources provides an introduction to the Golden Crest project in South Dakota. The area has historic gold production from Homestake and a new exploration surge from other companies in the area. This project is drill ready. The company has found high-grade gold samples from surface.

Martino De Ciccio of Montage Gold talks about the company's transformation recently. The company is still developing and exploring the flagship Koné project, located in Côte d'Ivoire, but has seen new management come in and new key shareholders following a $35M Financing.

Jorge Ganoza joined us in Zurich for a conversation on the company's new Q1 global production numbers. The numbers were lead by its gold production from the Séguéla Mine. Jorge talks about debt payments and a share buyback program underway along with many other aspects in the company's development.

Trevor connected with Reunion Gold in Zurich for a general introduction and discussion on the company's Oko West Project in Guayana. Drilling continues following a resource update on the project which showed an Indicated Resource of 4.3 Million Ounces of Gold at 2.05 g/t and an Inferred Resource of 1.6 Million Ounces of Gold.

Late last year, Metalla Royalty and Streaming closed the deal for the acquisition of Nova Royalty. CEO Brett Heath talks about that strategic deal and why Metalla sought it out. With the deal, Metalla acquired 28 royalties and 1 stream, to bring the total held as at the date of this press release to 102 precious and base metals assets.

Fred Bell, CEO of Elemental Altus Royalties joins us in Zurich to talk about their materially higher guidance for 2024. The company has even gone far to discuss 2025. For this year, the company is projecting Adjusted Revenue of approximately US$20.0 to US$23.3 million at prices of US$2,000 per ounce of gold and US$3.90 per pound of copper. Alongside royalty revenue, the Company expects to receive approximately US$20 million in payments from the portfolio over 2024 and 2025.