Mining Stock Daily

Frederick Bell, CEO of Elemental Altus Royalties, provides his editorial take on the company's recent acquisition of 19 new royalties from First Mining. The package consists of early exploration royalties and late stage development projects. But Fred believes the market is ripe and their access to capital is well-positioned to include more into the company's portfolio in 2023.

Trevor connects with Ari Sussman, CEO of Collective Mining, to discuss his team's continued approach to mineral exploration in Colombia. Collective Mining is now focused on the Guayabales copper-gold-silver project where the company has shows very positive drill results from the Apollo target on the projects. Ari talks about the geology of the project and the success of the project since its big discovery last summer. 

Calibre is planning to spend approximately $30M in exploration. Lithium Americas received a favorable ruling from the US District Court. Drill results from G2 Goldfields and ATEX Resources. Royal Road consolidates Guintär and Niverengo concessions.  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 Brien Lundin today for some general market analysis. We talk gold's correction over the past few days and why general market moves are playing chicken with a hawkish Federal Reserve. Does Jerome Powell and Co need to plan a big surprise to get them back on track?

Perpetua Resources found a $25M investment from the Department of Defense. We welcomed in both CEO Laurel Sayer and CFO Jess Largent to provide their editorial comments on the partnership, its unique positioning for US critical minerals, and an update on the permitting process for the Stibnite project. 

Paul West-Sells, CEO of Western Copper and Gold, talks about the current metal prices and the Casino Project's strong economics going forward. Paul believes we will see $5 copper this year, but there is a strong economic boost to the company's molybdenum, which is typically unnoticed by the market. 

Newmont submitted a non-binding proposal to acquire Australia’s Newcrest Mining in a US$16.9 billion all-stock deal. Elemental Altus Royalties is to acquire 19 royalties from First Mining Gold. Drilling results from Dolly Varden, Aurion Resources and F3 Uranium. Corporate updates from Collective Mining, Osisko Mining and Faraday Copper.  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.

In the first segment of this week's long-form, we reconnect with Axel Merk and Merk Investments and Merk Insights to discuss the unsurprising FOMC decision for a 25 bps hike and the somewhat suprising (to some) market reaction off the Jerome Powell presser. Axel talks gold, its move the past few months and this blip sell-off late in the week. We then get the final corporate updates from Meridian Mining, Ascot Resources, Dolly Varden Silver and ATAC Resources all recorded from VRIC. 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.

Earlier this week, First Mining announced the acquisition of the Porcupine East property from IAMGOLD, which consolidates the Duparquet Gold Project for the company. Dan Wilton, CEO, joined Paul Harris to discuss these developments for the company and for more general updates with First Mining.

We introduce Pacific Ridge Exploration and CEO Blaine Monaghan to the MSD listeners today. Pacific Ridge is a copper-gold focused exploration company in British Columbia with four projects, including its flagship Kliyul copper-gold porphyry project.