Mining Stock Daily

Revival Gold just closed a $6.2M brokered private placement which will lead the company through the 2023 field season, along with a resource estimate and a prefeasibility study. CEO Hugh Agro shares the challenges of this financing but is enthused about the position of the project in this gold cycle.

Earlier this week, GoGold published their PEA for its Los Ricos North Project located in Jalisco State, Mexico. The report highlights a base case after-tax NPV (using a discount rate of 5%) of $413 Million with an IRR of 29%. Paul connected with GGD management for a discussion on this report and how it works with the addition of the Los Ricos South PEA published last year.

Paul Harris connects with Lumina Gold in this episode to discuss the news this week about a US$300M metals stream to aid in the pre-construction and construction funding of the Congrejos gold-copper project in Ecuador. The conversation also leads towards discussions of the current political situation in Ecuador and what it means for mining.

There are new drill results from Magna Mining, Prospector Metals and Luminex Resources to report. Marimaca Copper publishes an updated resources estimate. Heliostar appoints a VP of Projects. 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.

Dustin Perry, CEO of Kingfisher Metals, provides a glimpse into the exploration strategy for the recently acquired HWY 37 Project in the Golden Triangle.

Earlier this week, Arizona Sonoran Copper announced the receipt of their Industrial Air Permit for the Cactus copper project in Arizona. CEO George Ogilvie joined us to talk about why this is a big step in de-risking the project on its way to a full feasibility study. George also provides a drilling update and highlights expansion opportunities in the project future.

Craig Parry, Chairman of Vizsla Copper, joined the podcast for a corporate update into the company's work at both the Woodjam porphyry project and also the recently acquired Redgold Project. Craig talks about the consolidation next to Mount Polly and some of the historic work and drill results the market seems to have forgotten over time.

Lumina Gold entered into a US$300M gold streaming deal with Wheaton Precious Metals for its Cangrejos gold-copper project. IAMGOLD obtained a US$400 million five-year secured loan. Calibre has new drill results. GoGold Resources released a Preliminary Economic Assessment on its Los Ricos North Project. Brixton begins drilling. American Pacific closes its Clearview deal. 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 connect with Ari Sussman, Executive Chairman of Collective Mining, to discuss this morning's drill results from the Apollo target. Other than the positive drill results, the company is also excited about a number of holes pending assays, which indicates two potentially significant zones of mineralization.

Derek White, CEO of Ascot Resources, provides his editorial comments on the construction of the Premier Gold Mine in the Golden Triangle of British Columbia. The team is 35% complete other than mine development. We talk about the timing for everything in 2023 along with the company's ongoing exploration plan for the year as well.