Mining Stock Daily

The markets are all rick-off today as the dollar is the only safe haven getting a bid. The precious metals and the equities, including the juniors, are seeing higher volatility. We talk about what is causing these moves today with Craig Hemke of TF Metals Report. We also spend a lot of time talking about the debt ceiling issues in Washington.

Meridian Mining announced this week it will expand its drill program at the Cabacal Mine area to the Santa Helena deposit in the southeast are of the claims. The company is looking to replicate the early success of its angled drill program and prove out a gold overlay previously unidentified by previous operators.

Today we get an update form West Red Lake Gold and their latest drill results form the Rowan gold property.

Bunker Hill announced an upsized and improved $67 million project finance package with Sprott Private Resource Streaming and Royalty. Banyan Gold reported an updated Resource Estimate for the Aurex ‎and McQuesten properties. Enduro Metals says they have reached a significant milestone in the Company's understanding of the Burgundy copper-gold porphyry discovery. Discovery Silver announced results from 23 Feasibility Study drill holes on its Cordero silver project in Chihuahua, Mexico. Elemental has a record quarter. McEwen Mining repaid $25 million of its senior secured debt to Sprott Resource Lending. We'd like to thank our sponsors: Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 11 billion pounds of copper and 21 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com. ASCU is an early-stage copper developer and explorer of the Cactus Mine and its satellite project, Parks/Salyer, both situated on a 4km mine trend on private land in Arizona's porphyry copper district. Opportunity for significant growth and scale exist along the trend, while future capex requirements outlined in the Cactus PEA benefit from significant onsite and nearby access to infrastructure. The Company is led by an executive management team and Board which have a long-standing track record of successful project delivery in North America. 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.

Heliostar Metals CEO, Charles Funk, discusses the two drill results out of the Ana Paula project which were released to the market this morning. Holes 292 and 291 were both targeted at the high-grade panel of the project and returned 101.1m of 8.3 g/t Au and 118.5m of 5.4 g/t Au. Charles talks about the technical aspects of these holes, the ongoing program and testing the open known areas of the deposit.

We welcome in Tony Moreau of American Eagle Gold for a corporate introduction. American Eagle is exploring the NAK project in British Columbia and is looking at drilling some deeper porphyry targets this year after a strategic investment of $3M by Teck Resources.

Zach Flood of Kenorland Minerals provides a summary of the company's huge exploration strategies for its portfolio of projects. The company will be drilling 4 different projects with a total spend of $29M by its partners, while also pushing forward an a large number of earlier stage exploration projects.

We connect with Mike Konnert, CEO of Vizsla Silver, for his corporate comments regarding the latest drill results from Copala on the Panuco project in Mexico. Mike also shares his thoughts on why he believes there is much more, and perhaps bigger, vein structures to be found on the project.

Ford made an announcement regarding lithium supply from a handful of major producers. Drill results from Heliostar Metals, Integra Resources and West Red Lake Gold Mines. Meridian is expanding its drill program in Brazil. C3 Metals published a resource estimate. We'd like to thank our sponsors: Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 11 billion pounds of copper and 21 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com. ASCU is an early-stage copper developer and explorer of the Cactus Mine and its satellite project, Parks/Salyer, both situated on a 4km mine trend on private land in Arizona's porphyry copper district. Opportunity for significant growth and scale exist along the trend, while future capex requirements outlined in the Cactus PEA benefit from significant onsite and nearby access to infrastructure. The Company is led by an executive management team and Board which have a long-standing track record of successful project delivery in North America. 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.

We have a long conversation with Jared Dillian for our first segment of this week's long-form episode. Despite an upward move in the major markets, sentiment still appears to be mostly bearish. Jared discusses this dynamic as we continue to move through the debt ceiling debates within the US government. What are the probabilities of something bad happening and the US defaulting? We also chat about a second wave of inflation and what it will take to kill the demand psychology of the US consumer. And we conclude the episode with a conversation with David Finch. We ask David about the $18B deal between Newmont and Newcrest, what it means for the gold sector, and why these major mergers are more prominent than buying early stage juniors. We'd like to thank our sponsors: Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 11 billion pounds of copper and 21 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com. ASCU is an early-stage copper developer and explorer of the Cactus Mine and its satellite project, Parks/Salyer, both situated on a 4km mine trend on private land in Arizona's porphyry copper district. Opportunity for significant growth and scale exist along the trend, while future capex requirements outlined in the Cactus PEA benefit from significant onsite and nearby access to infrastructure. The Company is led by an executive management team and Board which have a long-standing track record of successful project delivery in North America. 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.