Mining Stock Daily

Gary Thompson joins us for a rundown of the latest drill results out the Brixton's Thorn Project, including assays from both the Camp Creek Target and the Trapper Gold Target, both within the large Thorn project in BC. 

Earlier this week, Tinka Resources reported the best drill intercept ever returned at the Ayawilca project in Peru. 38.9 metres grading 20.0% zinc including an ultra high-grade interval of 10.4 metres grading 42.0% zinc. CEO Dr. Graham Carman joined Paul to talk about this hit and what happens next. 

Michael Konnert, CEO of Vizsla Silver, joins the podcast once again this morning to talk about the year 2022 in review and the strategy at the Panuco precious metals project in 2023. The company recently closed a new strategic investment with Prismo. Michael talks about the importance of this investment and its structure. 

Shawn Howarth, CEO of Excellon Resources, joined us for a discussion regarding the acquisition of the La Negra Mine in an all share transaction. Concurrent with the execution of the Agreement, Excellon has entered into a binding term sheet with holders representing approximately 66 2/3% of the principal amount of outstanding convertible debentures to convert 25% of the Debentures into equity and reprice and extend maturity of remaining principal outstanding upon closing the Acquisition. 

Lots of news to report this morning. New drill results out for Integra Resources, Roscan Gold and Kingfisher Metals. Production notes out from Orezone and Calibre. Corporate updates from Magna Mining, Meridian Mining and Arizona Sonoran.  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.

Magna Mining has released drill assay data recently from its Crean Hill deposit. CEO Jason Jessup walks us through the results and the work done at the 101 and 109 Footwall Zones. Jason describes the mineralization in this deposit and how they plan on unleashing another 15,000m of drilling starting this week.

Rui Feng of New Pacific Metals joined Paul Harris today to provide his corporate comments on the results of the preliminary economic assessment out earlier today for the company's Silver Sand Project in Bolivia. Using a $22.50/oz Silver price, the report shows a Pre-Tax NPV (5%) of $1.1 billion and an IRR of 52%, and a Post-Tax NPV (5%) of $726 million and an IRR of 39%. 

Garrett Ainsworth of District Metals joins us to discuss the Viken deposit in Sweden. The company announced it had applied for the mineral license there last week. Garrett tells us why he wanted Viken and what political decisions need to be made to bring the project economics into the forefront.  

Lots of news out this morning filled with new drill results from the sector. We have the latest from Brixton Metals, Magna Mining, Revival Gold, Goliath Resources and Tinka Resources. New Pacific Metals published their PEA for Silver Sand. Vizsla closes its deal with Prismo. 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 this week's long-form episode of MSD, we welcome back in Peter Boockvar of the Boock Report to discuss all of the trends we are already beginning to see in markets the first week of 2023. China's reopening is shifting dynamics, both in markets and the commodity space. Peter and Trevor discuss the transition of foreign funds away from the US market and back into their "home"market. We're seeing this play out in China and other foreign exchanges. We also discuss the implications of energy, copper and other industrial metals on the back of this move in China. All this and the waiting game of seeing just how long the Federal Reserve can keep rates elevated through the new year.  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.