Mining Stock Daily

We have a MASSIVE long-form this week with a 3-part episode. First, Jesse Felder of The Felder Report, provides his thoughts on this bear market bounce and why the market is at odds with the Federal Reserve. We also discuss key historical similarities of bear markets and periods of inflation. What makes this time similar? What makes it different? We then turn to Michael Oliver of Momentum Structural Analysis. He provides great analysis of the energy behind the precious metals and the commodities sector, not just the price movement. He also explains what surprises might be working within commodities which keeps the bull move alive, and it might not be oil. Finally, Jason Kosec of Millennial Precious Metals gives listeners an update on exploration, metallurgical and geotechnical work being done at the Wildcat Project in Nevada. We conclude with his thoughts on M&A expectations within the jurisdiction.  We'd like to thank our sponsors: Integra Resources is advancing the past-producing DeLamar Project in southwestern Idaho. The Company has continued to demonstrate resource growth and conversion through greenfield and brownfield exploration. Integra Resources trades on the TSX-V under ITR and the NYSE American under ITRG. 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. Rio-2 is advancing the Fenix Gold Project in Chile, the largest undeveloped gold heap leach project in the Americas. Fenix consists of 5 million ounces in the measured and indicated resource category and 1.4 million ounces in the inferred resource category. With a robust PFS in place, Fenix is set up for fast-tracked construction and production. You can find a list of project and company information on their website, rio2.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.

District Metals CEO, Garrett Ainsworth, provides his corporate commentary on the latest drill results from the Steffenburgs zone at the Tomtebo VMS project in Sweden. Surprising to the company, the hole hit a small interval of bonanza grade precious metals, including 384 g/t Au and 855 g/t Ag. 

Calibre Mining's Ryan King joins the podcast today for a corporate update on the company's exploration and mining work being done at Nevada's Pan Mine. We also discuss M&A opportunities in the sector and spend a bit of time on the Nicaragua assets.

We report on new drill results from Aldebaran Resources, Mako Mining and Cabral Gold. DLV Resources is to acquire West Rd Lake Gold Mines. Stratabound Minerals announces an updated resource estimate for its Fremont Gold Project in California's Mother Lode Gold Belt. We'd like to thank our sponsors: Integra Resources is advancing the past-producing DeLamar Project in southwestern Idaho. The Company has continued to demonstrate resource growth and conversion through greenfield and brownfield exploration. Integra Resources trades on the TSX-V under ITR and the NYSE American under ITRG. 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. Rio-2 is advancing the Fenix Gold Project in Chile, the largest undeveloped gold heap leach project in the Americas. Fenix consists of 5 million ounces in the measured and indicated resource category and 1.4 million ounces in the inferred resource category. With a robust PFS in place, Fenix is set up for fast-tracked construction and production. You can find a list of project and company information on their website, rio2.com. ASCU is a Copper Mining Company with a 100% ownership of The Cactus Mine, located on private land in the Arizona Copper Belt. The Company is committed to supplying LME Grade A Copper Cathodes usable in the Renewable Energy Future, mined in a responsible and sustainable manner. Our goal, beyond our ESG Strategy, is to ensure “Net Zero Carbon Emission” from future operations, minimizing the effect of climate change on the earth and preserving our planet for our children and future generations. https://arizonasonoran.com/

Earlier this week, American Pacific Metals announced the agreement to acquire Constantine Metals in an all-share transaction. The deal bring the Palmer project within the portfolio, which is a PEA-stage VMS project in Alaska, JV-ed with Dowa Metals and Mining. We have two members of American Pacific Management on the pod to discuss the deal. 

Kingfisher Metals CEO, Dustin Perry, joins us once again for his corporate comments on the drilling progress at the Goldrange project in BC. The company has completed 11 diamond drill holes over 3 targets. Although assays are pending, the team is encouraged with what they are seeing from the core.

Magna Mining CEO, Jason Jessup, joins the podcast today for his corporate comments on the back of news that they are to acquire Lonmin Canada, which includes the Denison Project and the past producing Crean Hill Ni-Cu-PGE mine. The aggregate purchase price for the outstanding shares of Loncan is equal to $16,000,000, comprised of a closing payment of $13,000,000 in cash and a deferred payment of $3,000,000, payable pro rata to the Vendors.

We have new exploration news and results to share from District Metals, Kingfisher Metals, Calibre Mining, Troilus Gold and NorthWest Copper. Condor Gold have published a new resource estimate. Elemental Royalties and Altus Strategies close the book on their merger.  We'd like to thank our sponsors: Integra Resources is advancing the past-producing DeLamar Project in southwestern Idaho. The Company has continued to demonstrate resource growth and conversion through greenfield and brownfield exploration. Integra Resources trades on the TSX-V under ITR and the NYSE American under ITRG. 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. Rio-2 is advancing the Fenix Gold Project in Chile, the largest undeveloped gold heap leach project in the Americas. Fenix consists of 5 million ounces in the measured and indicated resource category and 1.4 million ounces in the inferred resource category. With a robust PFS in place, Fenix is set up for fast-tracked construction and production. You can find a list of project and company information on their website, rio2.com. ASCU is a Copper Mining Company with a 100% ownership of The Cactus Mine, located on private land in the Arizona Copper Belt. The Company is committed to supplying LME Grade A Copper Cathodes usable in the Renewable Energy Future, mined in a responsible and sustainable manner. Our goal, beyond our ESG Strategy, is to ensure “Net Zero Carbon Emission” from future operations, minimizing the effect of climate change on the earth and preserving our planet for our children and future generations. https://arizonasonoran.com/

The Daily Dirtnap's Jared Dillian joins Trevor today for a quick take on precious metals, including a keen interest in gold miners right now. The backdrop is also playing an interesting role in why he's looking at emerging markets, including a key resource producing country. 

Chris Temple and Trevor Hall discuss a number of market indicators today, including this morning's housing numbers which show a struggling sector within the US economy. But Chris continues to focus on China and his concerns of a full economic implosion from the country.