This was an interview with A2Gold, a Nevada-focused gold and silver explorer. The main asset is the Eastside Project in Esmeralda County, roughly 20 miles northwest of Tonopah, and the other big topic was the planned Taylor silver-gold acquisition in Nevada. The conversation was about the 2026 Eastside drill campaign, the next resource update, cash and dilution discipline, and how Taylor fits beside Eastside.
TL;DR
Eastside is still the main event, and this year is supposed to be the biggest work year the company has run there. Peter says the near-term plan is to drill hard, add core to better understand grade at McIntosh, put out an updated NI 43-101/resource this year, and see whether McIntosh, Castle, and the targets between them can move Eastside toward the kind of scale he thinks matters for a sale. He also said they have enough cash to avoid a forced financing this year, and that Taylor is an opportunistic second Nevada asset rather than a pivot away from Eastside.
What have they done for shareholders lately?
The concrete progress CEO Gianulis pointed to was starting what he called the largest drill program in company history at Eastside, with 30,000 metres of RC drilling planned, seven to eight holes already drilled, and the first few holes already in the lab. He also said they now expect to add a core rig, run a two-rig program, drill through September, use grouped result releases rather than one-hole news, and work toward an updated Eastside NI 43-101 this year. On the operating side, he said Eastside already has two plans of operation over about 7,000 acres of BLM ground plus an eagle take permit, and on the corporate side they are working to close Taylor.
How much money do they have and what are they spending it on?
On money, Peter said the company is sitting on about C$15 million in cash and does not expect to be forced into a financing this year, and probably not for much of next year either. There was a C$10.5 million financing led by Kinross, and the CEO also said the company recently got extra capital from warrant exercises. Current spending is aimed at the Eastside program, likely adding core drilling to the RC plan, supporting an expanded in-house technical team, and starting initial work at Taylor if that deal closes. On overhead, he said G&A would be roughly US$100,000 to US$110,000 per month, up from about US$60,000 per month.
Upcoming catalysts
Technically, more Eastside drill results are expected, likely both RC and core, plus an updated Eastside NI 43-101/resource this year, and later column leach test work after the core program. Operationally, Eastside drilling is expected to run to about September, with exploration targets between McIntosh and Castle being tested alongside resource work. Corporately, Peter said Taylor closing was targeted within roughly 90 days of the LOI, with about 75 days left at the time of the interview, and after closing they want an initial Taylor drill program plus an updated Taylor silver resource.
Risks
The main near-term risks he flagged are exploration risk, title/closing risk at Taylor, commodity-price sensitivity, and cost control. Eastside still needs drilling to prove size, continuity, and grade, especially if core ends up changing how McIntosh looks versus RC. Taylor still has to clear historical mining-interest/title issues before closing. And Peter was clear that Eastside economics, especially at McIntosh, are more sensitive to gold price than a higher-grade or shallower project would be, while deeper core drilling is expensive enough that they are deliberately rationing capital.
A2Gold CEO Interview
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