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Growing Silver Production in Mexico, But Can It Remain Profitable?

Sierra Madre Gold and Silver’s flagship is the La Guitarra mine complex in the Temascaltepec district of Mexico State, acquired from First Majestic Silver in March 2023 for roughly US$35 million in shares. The company recently announced the acquisition of the Del Toro silver mine in Zacatecas from First Majestic for up to US$60 million in deferred and contingent payments, positioning it as a second potential flagship. The conversation covered the La Guitarra ramp-up, the planned mill expansion, the Del Toro transaction and restart plan, exploration programs at both assets, and the company’s longer-term mid-tier strategy.

High-Grade Silver Discovery in Mexico, But Are These Widths Mineable? 

GR Silver has one project, the Plomosas property in southern Sinaloa, Mexico. The project package contains the past-producing Plomosas mine (mining concession, base metal-rich) and the San Marcial deposit ~8 km south (exploration concession, silver-dominant). CEO Eric Zaunscherb (former Canaccord Genuity mining analyst), took the seat after founder Marcio Fonseca passed away about a month before the interview. In this conversation, he discusses the 20,000m expansion drill program, the security situation, the planned resource update and PEA, and a bulk sample test mining concept.

Looking for a Gold Mine in The Dominican, But Will the Locals Allow It? 

Precipitate Gold is operating in the Dominican Republic. Their main projects are Juan de Herrera in San Juan province (adjacent to Goldquest Mining’s 3.5 million ounce Romero deposit) and Pueblo Grande in Sanchez Ramirez province (next to Barrick’s Pueblo Viejo mine). CEO Jeff Wilson discusses the Dominican president’s recent halt of activity at Romero, what it means for Juan de Herrera, and what’s going on with the ongoing drill program at Pueblo Grande (which is in a different province).

High-Grade Gold in the Yukon, But Is the Continuity Really There?

Prospector Metals is focused on its Mike Lake project in the Tombstone Belt in the Yukon, roughly 80 km from Victoria Gold’s Eagle Mine and near Snowline Gold’s Rogue project. In this interview, CEO Rob Carpenter discusses the 2026 drill program, the discovery hole at the Tess zone, the recently strengthened treasury, and the spin-out of non-Yukon assets to BeMetals (to be renamed Lightning Resource).

Overlooked Copper District, But Where is the Grade?

Aeonian Resources is drilling its Kukanusa project, a 350km² land package in southeastern British Columbia near the Sullivan mine district. In this interview, CEO Andy Randell discussed the recently announced first hole at the Jake target, the geological model (Revett-style sediment-hosted copper, analogous to deposits in Montana), the corporate structure post-RTO, and plans to return to drilling.

1 Million Ounce Gold Target in BC, But How Much Longer Will it Take?

Independence Gold’s flagship project is a low-sulfidation epithermal vein system about 16 km from Artemis Gold’s Blackwater mine in central British Columbia. The company also holds the Boulevard project in the Yukon, adjacent to Newmont’s Coffee deposit, and the Ootsa block within the same Nechako plateau land package. The conversation focused on the current 10,000 metre drill program at 3Ts, the path to a 1 million ounce resource, financing position, and the company’s exit-oriented business strategy.

16 g/t Gold at Surface, But Can it Be Big Enough to Matter?

Sun Peak Metals is working on VMS and gold targets across roughly 1,000 square kilometres in the Arabian-Nubian Shield in Saudi Arabia. The portfolio includes Safra, Halahila, Al Miyah, two pending Southeast and Southwest Massa licenses, and seven new licenses acquired in Round 9. The conversation focused on the start of the company’s maiden drill program at Safra, the planned follow-up at Halahila, the Round 9 ground, treasury position, and the broader Saudi operating environment.

4km Gold Trend in Finland, But is the Grade High Enough For a Real Mine?

Gemdale Gold is focused on the Pontio gold project in western Finland, with a portfolio of additional gold and critical metals licenses across the country. The interview covered the flagship Pontio asset, the current 6,000 metre drill program, the company’s path to a maiden resource, the recent strategic investment from Eldorado Gold, and the broader project portfolio and earlier-stage critical metals ground.

What Actually Makes a Good Mining Jurisdiction? (Episode 1)

We kicked off a new format last week. We’re lining up four exploration executives in the same virtual room and walking each one through the same framework on their home turf. I borrowed the PESTLE framework (Political, Economic, Social, Technological, Legal, Environmental) and gave it two tweaks for resources. The T stops meaning Technology and starts meaning Transport, because a discovery you cannot truck out is a problem on a slide deck, not an asset. And the second E stops meaning Environment-in-the-ESG-sense and starts meaning the geological environment.

Relevant Gold Corp is a gold exploration company with 5 projects in Wyoming, where they are looking for the extension of the Abitibi Greenstone Belt and gold province. Their thesis is that the Wyoming Province and the Superior Province (Abitibi) were connected when gold mineralization occurred some 2.65B years ago. Continental rifting caused the Wyoming Province to begin to separate, rotate, and move to its current location over many millions of years.

Is Wyoming’s Gold Really Connected to the Abitibi?

Relevant Gold is an early-stage gold explorer operating entirely in Wyoming, USA. The company controls roughly 55,000 acres across two separate camp areas spread across five projects. The main interview topics were the results from last year’s first drill program at the Apex target, the upcoming 2026 drill campaign (the largest in the company’s history), the Lewiston project’s early results and the polymetallic signal coming out of it, and the recently closed C$12M financing.

Can You Really Grow a Gold Mining Company With 0 Debt?

Golconda Gold is a small gold producer with the flagship asset, an operating underground gold mine, in South Africa’s Barberton Greenstone Belt. They also have the Summit Mine, a past-producing underground gold-silver mine in Grant County, New Mexico, which is currently being restarted. The interview covered Galaxy’s ongoing production ramp-up, Summit’s imminent restart timeline, the plan to eventually spin Summit out as a standalone listed company, and how CEO Ravi Sood is thinking about capital allocation in what he considers a gold bull market.

Is There Gold Left in Suriname After 100 Years of Artisanal Mining?

Miata Metals is an early-stage gold explorer operating in Suriname, on the Guiana Shield. Its flagship is the Sela Creek Gold Project (~215 km²), where they currently hold a 70% interest with an option to earn 100%. MMET also holds a 70% beneficial interest in the Nassau Gold Project (~200 km²) with the same earn-in option. The interview covered the company’s exploration progress at Sela Creek, its two active discoveries (Jons Trend and Big Berg) cash position, share structure, community relations, and what they expect for the rest of 2026.

company news

Growing Silver Production in Mexico, But Can It Remain Profitable?

Sierra Madre Gold and Silver’s flagship is the La Guitarra mine complex in the Temascaltepec district of Mexico State, acquired from First Majestic Silver in March 2023 for roughly US$35 million in shares. The company recently announced the acquisition of the Del Toro silver mine in Zacatecas from First Majestic for up to US$60 million in deferred and contingent payments, positioning it as a second potential flagship. The conversation covered the La Guitarra ramp-up, the planned mill expansion, the Del Toro transaction and restart plan, exploration programs at both assets, and the company’s longer-term mid-tier strategy.

High-Grade Silver Discovery in Mexico, But Are These Widths Mineable? 

GR Silver has one project, the Plomosas property in southern Sinaloa, Mexico. The project package contains the past-producing Plomosas mine (mining concession, base metal-rich) and the San Marcial deposit ~8 km south (exploration concession, silver-dominant). CEO Eric Zaunscherb (former Canaccord Genuity mining analyst), took the seat after founder Marcio Fonseca passed away about a month before the interview. In this conversation, he discusses the 20,000m expansion drill program, the security situation, the planned resource update and PEA, and a bulk sample test mining concept.

Looking for a Gold Mine in The Dominican, But Will the Locals Allow It? 

Precipitate Gold is operating in the Dominican Republic. Their main projects are Juan de Herrera in San Juan province (adjacent to Goldquest Mining’s 3.5 million ounce Romero deposit) and Pueblo Grande in Sanchez Ramirez province (next to Barrick’s Pueblo Viejo mine). CEO Jeff Wilson discusses the Dominican president’s recent halt of activity at Romero, what it means for Juan de Herrera, and what’s going on with the ongoing drill program at Pueblo Grande (which is in a different province).

High-Grade Gold in the Yukon, But Is the Continuity Really There?

Prospector Metals is focused on its Mike Lake project in the Tombstone Belt in the Yukon, roughly 80 km from Victoria Gold’s Eagle Mine and near Snowline Gold’s Rogue project. In this interview, CEO Rob Carpenter discusses the 2026 drill program, the discovery hole at the Tess zone, the recently strengthened treasury, and the spin-out of non-Yukon assets to BeMetals (to be renamed Lightning Resource).

Overlooked Copper District, But Where is the Grade?

Aeonian Resources is drilling its Kukanusa project, a 350km² land package in southeastern British Columbia near the Sullivan mine district. In this interview, CEO Andy Randell discussed the recently announced first hole at the Jake target, the geological model (Revett-style sediment-hosted copper, analogous to deposits in Montana), the corporate structure post-RTO, and plans to return to drilling.

1 Million Ounce Gold Target in BC, But How Much Longer Will it Take?

Independence Gold’s flagship project is a low-sulfidation epithermal vein system about 16 km from Artemis Gold’s Blackwater mine in central British Columbia. The company also holds the Boulevard project in the Yukon, adjacent to Newmont’s Coffee deposit, and the Ootsa block within the same Nechako plateau land package. The conversation focused on the current 10,000 metre drill program at 3Ts, the path to a 1 million ounce resource, financing position, and the company’s exit-oriented business strategy.

16 g/t Gold at Surface, But Can it Be Big Enough to Matter?

Sun Peak Metals is working on VMS and gold targets across roughly 1,000 square kilometres in the Arabian-Nubian Shield in Saudi Arabia. The portfolio includes Safra, Halahila, Al Miyah, two pending Southeast and Southwest Massa licenses, and seven new licenses acquired in Round 9. The conversation focused on the start of the company’s maiden drill program at Safra, the planned follow-up at Halahila, the Round 9 ground, treasury position, and the broader Saudi operating environment.

4km Gold Trend in Finland, But is the Grade High Enough For a Real Mine?

Gemdale Gold is focused on the Pontio gold project in western Finland, with a portfolio of additional gold and critical metals licenses across the country. The interview covered the flagship Pontio asset, the current 6,000 metre drill program, the company’s path to a maiden resource, the recent strategic investment from Eldorado Gold, and the broader project portfolio and earlier-stage critical metals ground.

What Actually Makes a Good Mining Jurisdiction? (Episode 1)

We kicked off a new format last week. We’re lining up four exploration executives in the same virtual room and walking each one through the same framework on their home turf. I borrowed the PESTLE framework (Political, Economic, Social, Technological, Legal, Environmental) and gave it two tweaks for resources. The T stops meaning Technology and starts meaning Transport, because a discovery you cannot truck out is a problem on a slide deck, not an asset. And the second E stops meaning Environment-in-the-ESG-sense and starts meaning the geological environment.

Relevant Gold Corp is a gold exploration company with 5 projects in Wyoming, where they are looking for the extension of the Abitibi Greenstone Belt and gold province. Their thesis is that the Wyoming Province and the Superior Province (Abitibi) were connected when gold mineralization occurred some 2.65B years ago. Continental rifting caused the Wyoming Province to begin to separate, rotate, and move to its current location over many millions of years.

Is Wyoming’s Gold Really Connected to the Abitibi?

Relevant Gold is an early-stage gold explorer operating entirely in Wyoming, USA. The company controls roughly 55,000 acres across two separate camp areas spread across five projects. The main interview topics were the results from last year’s first drill program at the Apex target, the upcoming 2026 drill campaign (the largest in the company’s history), the Lewiston project’s early results and the polymetallic signal coming out of it, and the recently closed C$12M financing.

Can You Really Grow a Gold Mining Company With 0 Debt?

Golconda Gold is a small gold producer with the flagship asset, an operating underground gold mine, in South Africa’s Barberton Greenstone Belt. They also have the Summit Mine, a past-producing underground gold-silver mine in Grant County, New Mexico, which is currently being restarted. The interview covered Galaxy’s ongoing production ramp-up, Summit’s imminent restart timeline, the plan to eventually spin Summit out as a standalone listed company, and how CEO Ravi Sood is thinking about capital allocation in what he considers a gold bull market.

Is There Gold Left in Suriname After 100 Years of Artisanal Mining?

Miata Metals is an early-stage gold explorer operating in Suriname, on the Guiana Shield. Its flagship is the Sela Creek Gold Project (~215 km²), where they currently hold a 70% interest with an option to earn 100%. MMET also holds a 70% beneficial interest in the Nassau Gold Project (~200 km²) with the same earn-in option. The interview covered the company’s exploration progress at Sela Creek, its two active discoveries (Jons Trend and Big Berg) cash position, share structure, community relations, and what they expect for the rest of 2026.

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