The Gold Report - Streetwise Exclusive Articles Full Text

The Gold Report - Streetwise Exclusive Articles Full Text https://www.theaureport.com/ Investment coverage of gold, silver, uranium and other precious metals. copyright 2012, Streetwise, Inc. Gold Co. Hits Strongest Drill Result Yet at Halo Zone as Maiden Resource Estimate Signals Major Re-Rating Potential https://www.streetwisereports.com/article/2026/04/01/gold-co-hits-strongest-drill-result-yet-at-halo-zone-as-maiden-resource-estimate-signals-major-re-rating-potential.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/gold-co-hits-strongest-drill-result-yet-at-halo-zone-as-maiden-resource-estimate-signals-major-re-rating-potential.html?utm_medium=feed">Ron Wortel 04/01/2026</a> Couloir Capital reiterated its rating and price target on Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE) after the junior explorer reports its best-ever near-surface gold intercept at the Halo Zone and commissions a maiden NI 43-101 Mineral Resource Estimate.Published March 27, 2026, Couloir Capital's research team, including analyst Ron Wortel, MBA, P.Eng., reiterated a BUY rating on <a href="https://www.streetwisereports.com/pub/co/11131?utm_medium=feed" target="_blank" rel="noopener">Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE)</a>, with an unchanged CA$0.50 fair value per share estimate, representing a 455% premium to the current CA$0.09 share price. The rating is supported by continued high-grade drilling success at the Halo Zone and the formal commissioning of a maiden NI 43-101 Mineral Resource Estimate (MRE). Golden Cariboo Resources recently reported its strongest near-surface drill intercept to date from hole QGQ25-27, which returned 0.89 g/t gold over 70.65 meters from just 14.20 meters depth. Higher-grade subintervals included 3.25 g/t gold over 8.2 meters and 3.86 g/t gold over 5.2 meters. This followed hole QGQ25-25, a 96-meter north-northeast step-out from a previous discovery hole, which intersected 0.42 g/t gold over 47.01 meters from surface and 0.76 g/t gold over 20.45 meters at depth — confirming lateral continuity across a broader footprint. The company's deepest-ever hole, QGQ25-28, reached approximately 755 meters and intersected quartz-carbonate veining, silicification, and disseminated pyrite mineralization to the end of the hole near the property boundary, potentially adding a further 300 meters to the known system extent. On March 1, 2026, Golden Cariboo formally announced the commissioning of an independent NI 43-101-compliant MRE covering the Halo and Main zones. The estimate will incorporate data from 28 company drill holes and up to nine historically reported holes. Couloir describes the timing as "unusually early" for a junior at this stage, viewing it as a signal of management and the technical team's confidence in the geological database. Results from QGQ25-28 and future holes could feed into subsequent resource updates, providing incremental re-rating catalysts. On March 17, 2026, Golden Cariboo acquired 13 placer claim cells totaling 250 hectares at the Halo Zone for CA$60,000 cash, securing 100% of the placer rights over the target area. Couloir views this as a strategically logical consolidation that eliminates a potential complication in future project development while adding optionality to any alluvial gold above the known bedrock mineralization. The Halo and Main zones lie along one of five identified mineralized trends on the company's approximately 95,000-hectare district-scale land package. Couloir draws a favorable comparison to the Spanish Mountain Gold Ltd. (TSXV: SPA) deposit — located to the south along the same structural corridor — which holds close to 6.5 million ounces of gold at approximately 0.43 g/t and recently published a positive preliminary economic assessment. As of Q1 FY2026 (quarter ended December 31, 2025), Golden Cariboo held CA$962,094 in cash and CA$1.39 million in working capital, with a current ratio of 3.85x and no debt. Monthly cash burn improved to approximately CA$257,000 from CA$543,000 in the prior-year quarter, reflecting reduced exploration activity during the period. Couloir's valuation employs a market-implied in-ground methodology, applying a conservative US$45/oz in-ground value (a 1% discount to spot gold of approximately US$4,500/oz). Using a conceptual block based on recent intercepts, the firm estimates the market is currently pricing in approximately 159,000 ounces — a modest figure relative to the scale of the system being outlined. A more expansive resource target model incorporating a 500-meter strike length, 350-meter width, and 200-meter depth implies between approximately 1.1 million and 2.9 million potential ounces at grades ranging from 0.35 to 0.95 g/t gold, pointing to a range of fair values from CA$0.31 to CA$1.22 per share depending on grade and gold price assumptions. On a peer comparison basis, Golden Cariboo trades at a market capitalization of approximately CA$10.9 million, a significant discount to the average of approximately CA$48 million among comparable early-stage British Columbia gold explorers, excluding outliers. Key catalysts identified by Couloir include positive results from the ongoing drill program, target generation across the broader land package, additional drilling confirming mineral continuity at Halo, and any financing activity that materially alters the capital structure. Couloir identifies several material risks, including the possibility that drilling fails to confirm continuity of mineralization or does not support an economically viable large-scale system. The company will likely require additional equity financing given the ongoing cash burn, which could prove dilutive to existing shareholders. As an early-stage explorer without a compliant resource or economic assessment, Golden Cariboo remains at the higher end of the investment risk spectrum. Seasonal limitations — with only six to seven months of cost-effective exploration per year in British Columbia's central interior — and standard jurisdictional and permitting risks round out the key considerations. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Golden Cariboo Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Golden Cariboo Resources Ltd. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Golden Cariboo Resources Ltd.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Disclosures for Couloir Capital, Golden Cariboo Resources Ltd., March 27, 2026 This report has been prepared by an analyst on contract with or employed by Couloir Capital Ltd. The analyst certifies that the views expressed in this report, which include the rating assigned to the issuer’s shares as well as the analytical substance and tone of the report, accurately reflect his or her personal views about the subject securities and the issuer. No part of his / her compensation was, is, or will be directly or indirectly related to the specific recommendations. Couloir Capital, its affiliates, and their respective officers, directors, representatives, researchers, and members of their families may hold positions in the companies mentioned in this document and may buy and/or sell their securities. Additionally, Couloir Capital may have provided, in the past and may provide, in the future, certain advisory or corporate finance services and receive financial and other incentives from issuers as consideration for the provision of such services. Couloir Capital has prepared this document for general information purposes only. This document should not be considered a solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided has been derived from sources believed to be accurate, but cannot be guaranteed. This document does not consider the particular investment objectives, financial situations, or needs of individual recipients and other issues (e.g., prohibitions to investments due to law, jurisdiction issues, etc.) that may exist for certain persons. Recipients should rely on their own investigations and take their own professional advice before making an investment. Couloir Capital will not treat recipients of this document as clients by virtue of having viewed this document. Company-specific disclosures, if any, are below: 1 In the last 24 months, Couloir Capital Ltd. has been retained by the subject issuer under a service agreement that includes analyst research coverage only. 2 The issuer has no control over the content of this report. 3 The views of the Analyst are personal. 4 No part of the Analyst’s compensation was directly or indirectly related to the specific ratings as used by the research Analyst in the Reports. 5 The Analyst does not maintain a financial interest in the securities or options of the Company. 6 The principal of Couloir Capital maintains a financial interest in the securities or options of the Company through an affiliated fund entity. 7 The information contained in the Reports is based upon publicly available information that the Analyst believes to be correct but has not independently verified with respect to truth or correctness. Investment Ratings—Recommendations Each company within an analyst’s universe, or group of companies covered, is assigned: 1 A recommendation or rating, usually BUY, HOLD, or SELL; 2 A 12-month target price, which represents an analyst’s current assessment of a company’s potential stock price over the next year; and 3 An overall risk rating which represents an analyst’s assessment of the company’s overall investment risk. These ratings are more fully explained below. Before acting on a recommendation, we caution you to confer with your investment advisor to determine the suitability of our recommendation for your specific investment objectives, risk tolerance, and investment time horizon. Couloir Capital’s recommendation categories include the following: Buy The analyst believes that the security will outperform other companies in their sector on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) BUY rating. Hold The analyst believes that the security is expected to perform in line with other companies in their sector on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) HOLD rating. Sell Investors are advised to sell the security or hold alternative securities within the sector. Stocks in this category are expected to under-perform other companies on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) SELL rating. Tender The analyst is recommending that investors tender to a specific offering for the company’s stock. Research Comment An analyst comment about an issuer event that does not include a rating. Coverage Dropped Couloir Capital will no longer cover the issuer. Couloir Capital will provide notice to clients whenever coverage of an issuer is discontinued. Following termination of coverage, we recommend clients seek advice from their respective Investment Advisor. Under Review Placing a stock Under Review does not revise the current rating or recommendation of the analyst. A stock will be placed Under Review when the relevant company has a significant material event with further information pending or to be announced. An analyst will place a stock Under Review while he/she awaits enough information to re-evaluate the company’s financial situation. The above ratings are determined by the analyst at the time of publication. On occasion, total returns may fall outside of the ranges due to market price movements and/or short-term volatility. Overall risk ratings Very High Risk: Venture-type companies or more established micro, small, mid or large-cap companies whose risk profile parameters and/or lack of liquidity warrant such a designation. These companies are only appropriate for investors who have a very high tolerance for risk and volatility and who can incur a temporary or permanent loss of a very significant portion of their investment capital. High Risk: Typically, micro or small-cap companies which have an above-average investment risk relative to more established or mid to large-cap companies. These companies will generally not form part of the broad senior stock market indices and often will have less liquidity than more established mid and large-cap companies. These companies are only appropriate for investors who have a high tolerance for risk and volatility and who can incur a temporary or permanent loss of a significant portion of their investment capital. Medium-High Risk: Typically, mid to large-cap companies have a medium to high investment risk. These companies will often form part of the broader senior stock market indices or sector-specific indices. These companies are only appropriate for investors who have a medium to high tolerance for risk and volatility and who are prepared to accept general stock market risk including the risk of a temporary or permanent loss of some of their investment capital Moderate Risk: Large to very large cap companies with established earnings who have a track record of lower volatility when compared against the broad senior stock market indices. These companies are only appropriate for investors who have a medium tolerance for risk and volatility and who are prepared to accept general stock market risk including the risk of a temporary or permanent loss of some of their investment capital. COULOIR CAPITAL SUBSCRIBE TO RESEARCH is a research-driven investment dealer focused on emerging companies in the natural resources sector Vancouver 604 609 6190 • Toronto 416 460 2960 • admin@couloircapital.com We employ a fundamental-based analysis with the goal of discovering a company’s fair value in the context of Macro factors facing each company. In doing so we generate actionable ideas in underfollowed companies where a small number of market participants can rapidly close the gap between price and fair value. Our research reports are disseminated through Bloomberg, S&P Capital IQ, Thomson Reuters, FactSet, and large email lists. RESEARCH DRIVEN <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30882"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30882" width="0" height="0"> ( Companies Mentioned: GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE, ) Wed, 01 Apr 2026 00:00:00 PST Mining Co. Finds High-Grade Tungsten with Massive Upside https://www.streetwisereports.com/article/2026/04/01/mining-co-finds-high-grade-tungsten-with-massive-upside.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/mining-co-finds-high-grade-tungsten-with-massive-upside.html?utm_medium=feed">Streetwise Reports 04/01/2026</a> Rackla Metals Inc. (RAK:TSX.V) revealed high-grade tungsten potential in Yukon with historic data, existing infrastructure, and major upside amid soaring global demand.Rackla Metals Inc. (RAK:TSX.V) acquired the Lentung Tungsten Property in late 2025 and <a href="https://www.stockwatch.com/News/Item/Z-C!RAK-3800174/C/RAK" target="_blank" rel="noopener">released an update</a> on data compilation for the area on March 30, 2026. Rackla owns 19,600 hectares in the area and has digitized and compiled historical data surrounding drilling, assays, and technical studies of the site. The company plans to use this data to create 3-D geographical modeling and efficiently target upcoming drilling programs. The property was previously owned by Union Carbide , so infrastructure is already in place, allowing for scale and upside. The infrastructure includes <a href="https://www.stockwatch.com/News/Item/Z-C!RAK-3800174/C/RAK" target="_blank" rel="noopener">". . . 26,000 meters of drilling across 178 holes, identifying 15 tungsten occurrences over a 15-kilometer strike length."</a> The deposits in this area, including the Cantung and Mactung deposits, rank among the highest-grade tungsten skarn systems in the world. Data gathered from analyzing Union Carbide's files confirms a robust deposit with high-grade open-pit potential. <a href="https://www.stockwatch.com/News/Item/Z-C!RAK-3800174/C/RAK" target="_blank" rel="noopener">According to a Stockwatch.com article</a> from March 30, 2026, "The historical resource estimate by Union Carbide was calculated for three of the 15 tungsten occurrences on the Lened property and ranks as one of the highest-grade tungsten skarn deposits in the world according to the United States Geological Survey ranking of tungsten skarn deposits." The remaining 12 occurrences have barely been explored, and Rackla is planning an exploration to see if they could produce additional resources. Rackla Metals Inc. is a Canadian junior exploration company focused on mining rare earth, gold, and tungsten in the eastern Yukon and western Northwest Territories in Canada. <h2 style="text-align: center;">A Bullish Market for Tungsten</h2> Commodity prices have varied amid the U.S.-Iran War and trade tensions between the U.S. and China. Due to tungsten's incredible strength and heat tolerance, the metal is a highly valuable component of weaponry, including missiles and armor-piercing bullets. A shortage of tungsten has appeared in the Western world, though, as China is the world's largest tungsten producer, and it has stopped shipping to the U.S. <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">As Almonty's CEO told CNBC</a> on March 31, 2026, "There's no material to stockpile. That's probably the biggest change." On March 23, Ahead of the Herd wrote that, "Outside of China, which accounts for 83% of global supply, there are only a few tungsten mines, making exploration imperative. . . The end result of skyrocketing demand for tungsten, due to militaries rearming and the war in Iran, combined with limited supply, is that the metal has jumped 557% in a little over a year." Tungsten was already doing well, but the prices have skyrocketed, with <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">the metal hitting a record high of over US$3,000 mid-March</a>. "From ~US$300 per metric tonne unit (a measured equal to 10kg) in early 2025, the price ran to around US$920/mtu in early 2026. By March 20, it hit US$2650/mtu, a full US$400/mtu higher than March 13," <a href="https://stockhead.com.au/resources/tungsten-has-gone-exponential-heres-how-australian-explorers-are-taking-advantage/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-03-24-2026&utm_content=httpsstockheadcomauresourcestungstenhasgoneexponentialhereshowaustralianexplorersaretakingadvantage&utm_medium=email&utm_campaign=AM%20NL%20Mar%2025&utm_content=AM%20NL%20Mar%2025+CID_daaef33d3b6d7adf5a9eb6d8eb0abf1c&utm_source=Campaign%20Monitor&utm_term=Tungsten%20has%20gone%20exponential%20%20heres%20how%20Australian%20explorers%20are%20taking%20advantage" target="_blank" rel="noopener">wrote Josh Chiat of Stockhead.com</a> on March 25. Chiat noted the high demand for alongside the difficulty of producing it, saying, "Have a tungsten mine right now, and the investment will come." <h2 style="text-align: center;">Rackla Has Its Bases Covered</h2> On March 31, 2026, Bob Moriarty of 321gold.com gave Streetwise Reports a quote on the company: "While Rackla's 2025 couldn't determine the source of the widespread gold their surface exploration program discovered, they did raise CA$10 million while investors were hurling money at good juniors. Rackla has come up with a Plan B backup with a nearby tungsten property with known values. So, one way or another, I expect the 2026 program to be successful." [OWNERSHIP_CHART-5123] <h2 style="text-align: center;">Catalysts</h2> <a href="https://www.stockwatch.com/News/Item/Z-C!RAK-3800174/C/RAK" target="_blank" rel="noopener">Rackla plans</a> to initiate 10,000 meters of drilling this year, with the focus of their efforts on confirming historical resources and expanding near-surface mineralization to target a National Instrument 43-101 resource. The drill core from campaigns in the 70s and 80s remained on the property, leading Rackla to plan a recovery and resampling this summer. The company will begin conducting archeological and environmental studies to supplement Union Carbide's historical studies. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Rackla Metals Inc. has a market cap of CA$22.81 million, with 162.95 million shares outstanding. The company has a 52-week range of CA$0.08-CA$1.00. Institutions hold 0.23% of shares, while Management & Insiders own 28.11%. The remaining 71.66% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30880"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30880" width="0" height="0"> ( Companies Mentioned: RAK:TSX.V, ) Wed, 01 Apr 2026 00:00:00 PST Thick High-Grade Gold Intercepts Extend Mineralization as Drilling Expands Across Multiple Deposits https://www.streetwisereports.com/article/2026/04/01/thick-high-grade-gold-intercepts-extend-mineralization-as-drilling-expands-across-multiple-deposits.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/thick-high-grade-gold-intercepts-extend-mineralization-as-drilling-expands-across-multiple-deposits.html?utm_medium=feed">Streetwise Reports 04/01/2026</a> Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB) reported initial 2026 drill results, including 6.1 g/t gold over 28.0 meters at its Clarence Stream project.<a href="https://www.streetwisereports.com/pub/co/517?utm_medium=feed" target="_blank" rel="noopener">Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB)</a> reported <a href="https://galwaymetalsinc.com/2026/03/galway-metals-intersects-thick-gold-antimony-mineralization-at-south-deposit-including-6-1-g-t-au-and-0-7-sb-over-28-0m/" target="_blank" rel="noopener">assay results from nine diamond drill holes at the South Deposit within its 100%-owned Clarence Stream gold project in New Brunswick, Canada</a>. The results represent the first assays from the company's 2026 drilling program at the deposit. Among the reported intercepts, drill hole CS-416 intersected 6.1 grams per tonne gold and 0.7% antimony over 28.0 meters, including intervals of 21.8 g/t gold and 3.3% antimony over 1.0 meter, 40.7 g/t gold and 0.7% antimony over 1.0 meter, and 22.6 g/t gold and 0.7% antimony over 1.0 meter. Drill hole CS-417 returned 3.6 g/t gold and 0.4% antimony over 26.0 meters, including 12.4 g/t gold and 0.5% antimony over 5.0 meters. Hole CS-424 intersected 1.5 g/t gold and 0.4% antimony over 3.0 meters. The South Deposit hosts the highest-grade resource within the project's 2022 Mineral Resource Estimate, comprising 333,000 ounces at 2.99 g/t gold in the Indicated category and 325,000 ounces at 4.03 g/t gold in the Inferred category. The broader Clarence Stream project hosts a 2022 Mineral Resource Estimate of 12.4 million tonnes grading 2.3 g/t gold in the Indicated category and 16.0 million tonnes grading 2.6 g/t gold in the Inferred category. Drill holes CS-416 and CS-417 were designed as approximately 25-meter-spaced infill holes targeting the central portion of the South Deposit to confirm continuity of higher-grade mineralization within the resource pit shell. The remaining seven holes tested internal grade continuity and mineralization along pit shell boundaries, with all holes intersecting gold mineralization with varying levels of antimony. The company stated that additional assays remain pending for holes CS-422 and CS-423. It also reported that assays are pending for eight additional holes from the South Deposit, along with 37 holes from the Southwest Deposit and 34 holes from the North Deposit. Several holes from the Southwest and North deposits contain visible gold, including hole CL-252 and hole ND-61. <a href="https://galwaymetalsinc.com/2026/03/galway-metals-intersects-thick-gold-antimony-mineralization-at-south-deposit-including-6-1-g-t-au-and-0-7-sb-over-28-0m/" target="_blank" rel="noopener">Rob Hinchcliffe, President and CEO, stated in a company news release,</a> "We are very encouraged by these initial results from our 2026 drilling program at the South Deposit, which continue to demonstrate strong continuity of thick, high-grade gold mineralization with meaningful antimony values." Gold-antimony mineralization at Clarence Stream is structurally controlled and associated with quartz veins and stockwork within fault zones hosted in intrusive and metasedimentary rocks, with associated sulphides and trace elements including bismuth, arsenic, antimony, and tungsten. <h2 style="text-align: center;" data-start="0" data-end="82">Gold Prices Respond to Macro Pressures, Supply Dynamics, and Rate Expectations</h2> <a href="https://www.mining.com/wells-fargo-doubles-down-on-gold-price-despite-slump/" target="_blank" rel="noopener">Wells Fargo wrote on March 29 that gold prices had shown volatility in response to broader macroeconomic conditions,</a> noting that prices had "fallen more than 15% amid concerns over inflation caused by the ongoing Middle East conflict." The bank's analysts stated that gold had been "restrained by the returns offered by competing assets like bonds and currencies," and added that "rising energy prices have so far recalibrated investors' expectations for interest rate cuts." In the same report, Edward Lee stated, "The prospect for lower short-term interest rates and the potential to hedge against accelerating policy surprises prompt us to raise our 2026 gold target," while also pointing to central bank buying and geopolitical factors as underlying sources of demand. <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">According to a March 31 report from CNBC, commodity markets more broadly had been influenced by geopolitical developments and supply chain controls, particularly across certain industrial and technology-related materials.</a> The report stated that "prices of three niche elements — tungsten, sulfur, and helium — have climbed sharply in recent weeks," with some increases exceeding those seen in oil markets. Analysts cited in the report said, "While the Chinese supply chain is being viewed as more resilient than many peers, the risk of disruption in chemicals as raw materials for manufacturers in selected segments is higher than expected based on the feedback." The report also noted that China had expanded restrictions on exports of certain materials, including tungsten and sulfur-related products, while helium imports had risen in recent years." <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-wednesday-april-1-gold-strengthens-after-trump-shares-war-exit-timeline-111116980.html" target="_blank" rel="noopener">A separate report published April 1 by Yahoo Finance stated that gold futures had "opened at US$4,698.40 per troy ounce…0.4% higher than Tuesday's closing price," </a>with prices rising above US$4,700 in early trading. The report linked the movement to geopolitical developments, stating that gold had "strengthened after President Trump said the U.S. will exit the Iran war within two or three weeks," while also noting that "the status of the Strait of Hormuz remains a wild card." It added that the waterway had previously handled 20% of the world's oil supply and that its closure had been "a primary factor in rising oil prices," highlighting the relationship between energy markets, interest rate expectations, and gold pricing. <h2 style="text-align: center;" data-start="196" data-end="919">Analyst Reports Highlight Asset Base and Market Activity at Galway Metals</h2> <a href="https://www.streetwisereports.com/article/2026/01/12/cdnx-venture-index-long-term-technical-outlook.html?utm_medium=feed" target="_blank" rel="noopener">In a January 12 contributed opinion, John Newell of John Newell & Associates wrote that Galway Metals Inc. "combines advanced-stage development with meaningful exploration upside across multiple Canadian jurisdictions."</a> He wrote that "the company controls defined gold resources and continues to advance projects with established geology and scale," and added that "the chart reveals a repeating pattern of accumulation, breakout, and consolidation, consistent with a market gradually revaluing the company's asset base." Newell further noted that "with higher lows firmly established and momentum improving, Galway fits the profile of a junior transitioning from neglect to recognition as confidence returns to the CDNX." <a href="https://www.streetwisereports.com/article/2026/02/18/metals-co-s-dual-project-strategy-positions-it-for-major-re-rating-analyst-says.html?utm_medium=feed" target="_blank" rel="noopener">In separate coverage, a February 17 report from Red Cloud Securities indicated that analyst Ron Stewart initiated coverage of Galway Metals Inc. with a Buy rating and a 12-month price target of CA$2.20 per share.</a> The report stated that the rating reflected Stewart's view that "the market has significantly undervalued GWM's two primary assets." <h2 style="text-align: center;" data-start="2615" data-end="2661">Resource Update and Ongoing Drill Programs</h2> An updated mineral resource estimate for the Clarence Stream project is planned for the second quarter of 2026, followed by a scoping study, according to the investor presentation. [OWNERSHIP_CHART-517] The updated estimate is expected to incorporate approximately 70,000 meters of drilling from 342 holes completed since the previous resource, <a href="https://wp-galwaymetalsinc-2023.s3.ca-central-1.amazonaws.com/media/2026/03/GWM_Corporate_Presentation_March-24032026.pdf" target="_blank" rel="noopener">as described in the investor presentation.</a> Drilling programs are ongoing, including infill drilling within existing mineral resource pit shells and extensions targeting mineralization outside current pit boundaries. These programs are aimed at improving vein zone definition, identifying extensions, and delineating new zones, according to the investor presentation. At the Southwest Deposit, additional drilling is planned to connect open-pit areas, with the current resource extending from surface to 310 meters for open pit and to 530 meters for underground mineralization, as outlined in the investor presentation. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Insiders hold 7.31% of Galway, including 6.62% held by CEO Rob Hinchcliffe. Institutional ownership totals 18.52%, led by Van Eck Associates Corp. at 4.45%, Caisse de dépôt et placement du Québec at 3.33%, and Mackenzie Investments at 3.27%. The remainder of the shares are held by retail investors. Galway has 125.76 million shares outstanding and a market capitalization of CA$90.11 million. The company's 52-week trading range is CA$0.32 to CA$1.01 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Galway Metals Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Galway Metals Inc.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30879"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30879" width="0" height="0"> ( Companies Mentioned: GWM:TSX.V; GAYMF:OTCQB, ) Wed, 01 Apr 2026 00:00:00 PST Forgotten Drill Data Reveals High-Grade Tungsten-Gold Intercepts as 2026 Exploration Plans Take Shape https://www.streetwisereports.com/article/2026/04/01/forgotten-drill-data-reveals-high-grade-tungsten-gold-intercepts-as-2026-exploration-plans-take-shape.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/forgotten-drill-data-reveals-high-grade-tungsten-gold-intercepts-as-2026-exploration-plans-take-shape.html?utm_medium=feed">Streetwise Reports 04/01/2026</a> Aben Gold Corp. (ABM:TSXV; ABNAF:OTCQB) is reviewing historical tungsten results from its Justin project while preparing a 2026 program targeting both gold and tungsten mineralization.Aben Gold Corp. (ABM:TSXV; ABNAF:OTCQB) reported<a href="https://abengold.com/news/aben-gold-corp-assesses-historical-tungsten-results-from-2014-re-assay-program-and-plans-2026-exploration-program-to-target/" target="_blank" rel="noopener"> that it is assessing historical high-grade tungsten results from its Oct. 16, 2014, news release at the 100%-owned Justin gold project in southeast Yukon, while planning a 2026 exploration program targeting both tungsten and gold.</a> The company stated that the 2014 reassay program involved tungsten-specific analysis (WO3) of 230 drill core samples from seven of nine previously drilled holes at the POW zone. The work followed the identification of visible scheelite mineralization in core using short-wave ultraviolet lamps and anomalous tungsten values in prior multielement ICP data. Among the reported results, hole JN12016 returned 8.50 meters grading 0.39% WO3, including 1.00 meter grading 1.12% WO3, coincident with prior gold mineralization of 5.60 meters grading 4.12 g/t Au, including 2.60 meters grading 8.20 g/t Au. Hole JN12013 returned 28.90 meters grading 0.10% WO3 starting near surface, along with 1.10 meters grading 1.15% WO3, alongside prior gold values of 7.40 meters grading 1.81 g/t Au, including 2.20 meters grading 4.42 g/t Au. Additional intercepts included 12.00 meters grading 0.25% WO3 and 7.20 meters grading 0.27% WO3, with several higher-grade subintervals exceeding 1% WO3. <a href="https://abengold.com/news/aben-gold-corp-assesses-historical-tungsten-results-from-2014-re-assay-program-and-plans-2026-exploration-program-to-target/" target="_blank" rel="noopener">The company stated that these tungsten results are historical in nature and are not being treated as current mineral resources or mineral reserves</a>. It also noted that the Justin project covers approximately 7,400 hectares and hosts multiple zones of gold and tungsten mineralization. Riley Trimble, president and chief executive officer of Aben Gold, stated, "The 2014 tungsten reassay data has been an important historical data set that we are now thoroughly reviewing with modern eyes and current market context. Tungsten is a critical mineral with growing strategic importance, and the coincident gold-tungsten mineralization at the POW zone presents a compelling opportunity." <h2 style="text-align: center;" data-start="0" data-end="68">Tungsten Prices Surge as Supply Constraints Tighten</h2> <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:bcebb6b5-afe5-4323-ab8d-fc51404bc490-0" data-testid="conversation-turn-2" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="62d7b53a-84ed-4f8c-a7f0-278a14a88d2e" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <a href="https://stockhead.com.au/resources/tungsten-has-gone-exponential-heres-how-australian-explorers-are-taking-advantage/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-03-24-2026&utm_content=httpsstockheadcomauresourcestungstenhasgoneexponentialhereshowaustralianexplorersaretakingadvantage&utm_medium=email&utm_campaign=AM%20NL%20Mar%2025&utm_content=AM%20NL%20Mar%2025+CID_daaef33d3b6d7adf5a9eb6d8eb0abf1c&utm_source=Campaign%20Monitor&utm_term=Tungsten%20has%20gone%20exponential%20%20heres%20how%20Australian%20explorers%20are%20taking%20advantage" target="_blank" rel="noopener">According to a March 25 report from Mining.com.au, tungsten markets had experienced significant supply-driven price acceleration</a>, with prices "nearly tripled so far in 2026." The report stated that China's export restrictions had "choked supply for customers manufacturing intermediates or end products," while also noting that "it doesn't seem to be a question of price anymore. There's no availability." The publication further described how procurement strategies had shifted, stating that customers were prioritizing "a supply-security-over-price procurement approach," reflecting constraints in accessing material. <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">CNBC reported on March 31 that niche commodities tied to advanced manufacturing had seen sharp increases,</a> stating that "prices of three niche elements — tungsten, sulfur and helium — have climbed sharply in recent weeks, in some cases by more than oil." The report noted that these materials play a critical role in semiconductor production and defense applications, while emphasizing tightening supply conditions linked to geopolitical developments. It also cited analysts who stated that "the risk of disruption in chemicals as raw materials for manufacturers in selected segments is higher than expected," pointing to increasing pressure on supply chains. </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-start="1362" data-end="1962">Rediscovery of Tungsten Component and Upcoming Exploration Plans</h2> <a href="http://www.321gold.com/" target="_blank" rel="noopener">Bob Moriarty of 321Gold</a> offered Streetwise Reports this quote regarding the company: "Much to their pleasant surprise, Aben Gold realized that they had a tungsten component to their existing gold found in a drill program from 2014. After a long, quiet time, the company has reawakened and will be commencing a surface exploration program this year at its Justin property in the Yukon after raising CA$400,000. With a tiny market cap of under CA$6 million, it wouldn't take much in the way of results to boost the share price higher. I have worked with this management team for many years and have the highest regard for them." <h2 style="text-align: center;" data-start="2008" data-end="2065">Planned 2026 Exploration Activities at Justin Project</h2> <a href="https://abengold.com/site/assets/files/3837/abm_q1_2026.pdf" target="_blank" rel="noopener">The company outlined a 2026 exploration program that includes multiple phases of fieldwork and drilling at the Justin project.</a> Phase 1 is expected to include grid soil sampling at a 100-meter line spacing and 50-meter station spacing in the southeastern portion of the POW target area and the Lost Ace target area, located approximately two kilometers northwest of the POW zone. A total of 600 soil samples and 80 rock samples have been budgeted, with additional soil sampling planned if fewer rock samples are collected. Geological mapping is also planned to further delineate the extent of the POW zone and the Lost Ace zone. [OWNERSHIP_CHART-11563] Phase 2 is expected to include drilling of three to four holes averaging 300 meters in length, targeting the POW zone area. The drilling is designed to delineate the full extent of intrusion-related mineralization and to identify the presence of cupolas. An additional three to four holes are planned to test the Lost Ace zone. Aben also stated that its broader 2026 program is expected to include diamond drilling, surface sampling, and detailed geological modeling to advance both gold and tungsten targets at the Justin project. <h2 style="text-align: center;" data-start="3102" data-end="3313">Ownership and Share Structure</h2> Management and Insiders hold 7.02% of Aben Gold, with James Pettit owning the most at 4.57%, followed by Riley Trimble with 1.51%. The rest is retail. Aben has 28.33 million outstanding shares, a market cap of CA$4.07 million, and a 52-week range of CA$0.06 - CA$0.30. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30877"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30877" width="0" height="0"> ( Companies Mentioned: ABM:TSXV;ABNAF:OTCQB, ) Wed, 01 Apr 2026 00:00:00 PST Exploration Co. Expands High-Value Tungsten Washington Opportunity https://www.streetwisereports.com/article/2026/04/01/exploration-co-expands-high-value-tungsten-washington-opportunity.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/exploration-co-expands-high-value-tungsten-washington-opportunity.html?utm_medium=feed">Streetwise Reports 04/01/2026</a> Adamera Minerals Corp. (ADZ:TSX.V) stakes 1,360-acre Washington claim targeting tungsten amid a 557% price surge, positioning for major gains in a tight U.S. supply market.<a href="https://www.streetwisereports.com/pub/co/6736?utm_medium=feed" target="_blank" rel="noopener">On March 31, 2026,</a><a href="https://www.streetwisereports.com/pub/co/6736?utm_medium=feed" target="_blank" rel="noopener"> Adamera Minerals Corp. (ADZ:TSX.V)</a> announced <a href="https://www.stockwatch.com/News/Item/Z-C!ADZ-3800437/C/ADZ" target="_blank" rel="noopener">it had staked claims</a> of over 1,360 acres in the Tungsten Ridge property in Washington state. The new claims contain silver, copper, tungsten, and molybdenum mineralization. This move comes as Adamera continues to build a comprehensive critical mineral portfolio within the U.S. The company owns the Talisman tungsten property, a proven past producer, and the newly-staked Tungsten Ridge property, which was test mined for tungsten in 1951, 1953, and 1954.. <a href="https://www.stockwatch.com/News/Item/Z-C!ADZ-3800437/C/ADZ" target="_blank" rel="noopener">Mark Kolebaba, CEO of Adamera, said in the release,</a> "In 2025, the Company considered selling the Talisman Tungsten property, but the macroeconomic landscape for tungsten has fundamentally shifted. Driven by an unprecedented surge in demand and pricing, we have instead expanded our tungsten holdings. This is exactly the type of project Adamera is well-equipped to rapidly advance. It is close to infrastructure and our operational base in Washington State. Going forward, our focus will be to rapidly advance both properties with field work expected to commence in April." The company plans to release near-term plans for these new tungsten properties soon. Adamera Minerals Corp. is a Canadian company with a traditional focus on high-grade gold, silver, and copper exploration in B.C. and Washington, U.S. The company is now positioning itself to provide an uninterrupted domestic supply of tungsten to the U.S. market. <h2 style="text-align: center;">What Is Tungsten?</h2> <a href="https://www.livescience.com/38997-facts-about-tungsten.html" target="_blank" rel="noopener">Tungsten</a> is known to be one of the hardest metals on Earth, especially in the form of tungsten carbide. Its strength allows it to be used for drilling, cutting, and armor-piercing weaponry, while its heat resistance allows it to be used in almost any explosive situation — and <a href="https://www.britannica.com/science/tungsten-chemical-element" target="_blank" rel="noopener">in lightbulbs</a> as filament. <h2 style="text-align: center;">Tungsten Shortage Drives a 557% Rally</h2> Trade tensions between the U.S. and China, as well as the rise of the U.S.-Iran War, have affected commodities prices over the past few weeks. Tungsten is necessary for waging war effectively, as it is a major component in weaponry. China is the world's largest tungsten producer, and it has stopped shipping to the U.S. <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">As Almonty's CEO told CNBC</a> on March 31, 2026, "There's no material to stockpile. That's probably the biggest change." On March 23, Ahead of the Herd, wrote, "Outside of China, which accounts for 83% of global supply, there are only a few tungsten mines, making exploration imperative. . . The end result of skyrocketing demand for tungsten, due to militaries rearming and the war in Iran, combined with limited supply, is the metal has jumped 557% in a little over a year." This supply cut-off has elevated tungsten's already-rising prices, with <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">the metal hitting a record high of over US$3,000 mid-March</a>. "From ~US$300 per metric tonne unit (a measured equal to 10kg) in early 2025, the price ran to around US$920/mtu in early 2026. By March 20 it hit US$2650/mtu – a full US$400/mtu higher than March 13," <a href="https://stockhead.com.au/resources/tungsten-has-gone-exponential-heres-how-australian-explorers-are-taking-advantage/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-03-24-2026&utm_content=httpsstockheadcomauresourcestungstenhasgoneexponentialhereshowaustralianexplorersaretakingadvantage&utm_medium=email&utm_campaign=AM%20NL%20Mar%2025&utm_content=AM%20NL%20Mar%2025+CID_daaef33d3b6d7adf5a9eb6d8eb0abf1c&utm_source=Campaign%20Monitor&utm_term=Tungsten%20has%20gone%20exponential%20%20heres%20how%20Australian%20explorers%20are%20taking%20advantage" target="_blank" rel="noopener">wrote Josh Chiat of Stockhead.com</a> on March 25." Chiat pointed out the high demand for tungsten paired with the little opportunity to actually source it, saying, "Have a tungsten mine right now, and the investment will come." <h2 style="text-align: center;">A Tungsten Future Doesn't Overshadow Gold's Present</h2> 1While Adamera is going after tungsten, <a href="https://www.streetwisereports.com/article/2026/02/11/high-grade-gold-near-a-mill-roads-and-past-production.html?utm_medium=feed" target="_blank" rel="noopener">John Newell of John Newell & Associates refocused on its established reputation as a gold explorer</a> in a February 11, 2026, opinion piece for Streetwise Reports. He wrote: "For investors seeking leverage to a strengthening gold market, Adamera represents a 'Speculative Buy' around CA$0.10, with the understanding that success largely hinges on upcoming drilling programs." He went on to say, "As always, position sizing and risk management matter. But in a rising metal price environment, this is the type of setup that can often surprise to the upside." Newell considers Adamera's Flag Hill South project in the Republic Gold District of Washington as one of the most immediate value drivers the company owns. [OWNERSHIP_CHART-6736] <h2 style="text-align: center;">Catalysts</h2> <a href="https://adamera.com/projects/overview/" target="_blank" rel="noopener">Investors are watching Adamera's projects</a> — Buckhorn 2.0, the Empire Creek Project, Flag Hil (and Flag Hill South), the Talisman historic mine, and the Hedley Copper-Gold Project — to see what will come of drill results in 2026. The company is exploring for a solid domestic source of tungsten. <h2 style="text-align: center;">Ownership & Share Structure2</h2> Adamera Minerals Corp. has a market cap of CA$8.13 million and 54.3 million shares outstanding. The company's 52-week range is CA$0.05-CA$0.17. Institutions own 3.29% of shares, while Management & Insiders own 4.61%. The remaining 92.1% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Adamera Minerals Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Adamera Minerals Corp.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the John Newell article published on 02/11/26 <ol start="1" type="1"> <li>For the quoted article (published on 02/11/26, Adamera Minerals Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</li> <li>Author Certification and Compensation: John Newell of John Newell and Associates was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30875"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30875" width="0" height="0"> ( Companies Mentioned: ADZ:TSX.V, ) Wed, 01 Apr 2026 00:00:00 PST Gold Developer Uncovers Massive 6.8Moz Resource Increase in British Columbia https://www.streetwisereports.com/article/2026/03/31/gold-developer-uncovers-massive-6-8moz-resource-increase-in-british-columbia.html Source: <a href="https://www.streetwisereports.com/article/2026/03/31/gold-developer-uncovers-massive-6-8moz-resource-increase-in-british-columbia.html?utm_medium=feed">Streetwise Reports 04/01/2026</a> Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announces revised Mineral Resource Estimates for KSM, which one publication has called the world's top gold project.<a href="https://www.streetwisereports.com/pub/co/700?utm_medium=feed" target="_blank" rel="noopener">Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT)</a> announced revised Mineral Resource Estimates for its KSM Project in northwestern British Columbia, <a href="https://www.seabridgegold.com/press-release/seabridge-gold-provides-updated-mineral-resource-estimates-for-ksm-project" target="_blank" rel="noopener">according to a March 31 release</a>. The updates are based on new metal price assumptions of US$2,000/ounce for gold, US$4.00/pound for copper, US$25/ounce for silver, and US$22/pound for molybdenum, with a currency exchange rate of US$0.746 per CA$1. Previously, for the last decade, the resource estimates at KSM were calculated using lower metal prices and a different exchange rate. The updated estimates show significant increases in resources: Measured and Indicated Mineral Resources have risen by 6.8 million ounces (Moz) of gold, 1.5 billion pounds of copper, 42.7 Moz of silver, and 93 million pounds of molybdenum since the last update in January 2024. Inferred Mineral Resources have also seen substantial growth, with increases of 12.9 Moz of gold, 4.2 billion pounds of copper, 108.8 Moz of silver, and 140 million pounds of molybdenum. <a href="https://www.seabridgegold.com/press-release/seabridge-gold-provides-updated-mineral-resource-estimates-for-ksm-project" target="_blank" rel="noopener">Seabridge's release </a>has a more detailed breakdown of the numbers. Seabridge Chair and Chief Executive Officer Rudi Fronk highlighted that these resource restatements are the result of applying updated metal price parameters and operating costs. "As we move towards a joint venture on KSM, our resource estimates' price assumptions are now consistent with most Tier 1 mining company disclosures," he said. Seabridge noted in the release that it was important to note that the mineral resource model itself has not changed; the updates are solely due to the revised assumptions on metal prices and costs that influence the constraints on mineral resources and the calculation of cut-off grades. The updated mineral resource tabulation continues to utilize the same grade models from the KSM Preliminary Feasibility Study and Preliminary Economic Assessment, NI 43-101 Technical Report dated August 8, 2022. The adjustments to the Mineral Resources are not considered material to the KSM Project or to Seabridge, as they do not materially alter the existing mineral reserves, the company said. <h2 style="text-align: center;">The World's Top Gold Project</h2> <a href="https://www.mining.com/ranked-worlds-top-20-gold-projects/" target="_blank" rel="noopener">According to a report by Mining.com on November 18, 2025</a>, Seabridge Gold's Kerr-Sulphurets-Mitchell (KSM) project, located in British Columbia, was already the world's top gold project. The project has received federal approval for a decade and has been progressing through prefeasibility and early construction phases since 2022, with over CA$550 million invested in construction activities, the website said. <a href="https://www.streetwisereports.com/article/2026/03/24/co-withdraws-appeal-involving-gold-developers-major-bc-project.html?utm_medium=feed">Earlier in March, Seabridge announced</a> that Tudor Gold Corp. officially ended its legal challenge against a decision made by the Chief Gold Commissioner (CGC) of British Columbia involving KSM. This development follows the CGC's decision on May 28, 2025, which declined Tudor Gold's request for a ruling that would exempt them from or cancel the Conditional Mineral Reserve (CMR) related to Seabridge’s KSM Mitchell Treaty Tunnels (MTT). Tudor Gold's withdrawal from the appeal process signifies acceptance of the CGC’s initial ruling concerning her jurisdiction over this issue. The CMR in question requires that the holders of the mineral claims, which encompass the route of the MTT, must not disrupt or endanger the construction, operation, or maintenance of the MTT. This requirement has been consistently enforced by the BC Ministry of Mines for over a decade. The MTT, a crucial component of the KSM Project, consists of two parallel tunnels that connect the eastern and western parts of the mine site, with Tudor owning approximately 12.5 kilometers of the mineral claims that the MTT crosses. Fronk criticized the initial challenge as unfounded. "We applaud Tudor's decision to abandon its appeal, which lacked any merit from the outset," he said. "This action reinforces our position that the authorizations issued in favor of the MTT do not give Seabridge any interest in Tudor’s mineral rights." <h2 style="text-align: center;">Potential Partnership Among Possible Catalysts</h2> On March 12, 2026, RBC Capital Markets analyst Josh Wolfson released an update on Seabridge, maintaining an Outperform rating with a Speculative Risk qualifier and raising the price target from US$63 to US$71. This increase reflects improved project economics and Seabridge's robust positioning to advance its flagship KSM project in British Columbia. The new price target is based on a 0.40x target multiple on the firm's NAV₅% estimate, considering the early-stage nature of the KSM project, potential partnership opportunities, unmodeled resources and projects, and the complexities and costs of construction. At the time of the report, SA shares were trading at US$33.89 on the NYSE, indicating a potential return of about 104%. The KSM project boasts enhanced project economics due to an updated Preliminary Feasibility Study (PFS) and improved regional infrastructure, including a paved highway, port, and airstrip. Seabridge is actively seeking a senior partner to further study and potentially construct the project. Wolfson highlighted several near-term catalysts for Seabridge, such as a potential partnership announcement, feasibility study work, further optimization of the KSM project, and exploration results from the Iskut and 3 Aces properties. Wolfson also outlined several key risks, including partnership risk, which is crucial as Seabridge's valuation and recommendation "largely depend on Seabridge finding first a partner to advance and fund a feasibility study, and then to assume operatorship of the project through construction and production." Other risks include sensitivity to gold and copper prices, uncertainty in construction capital expenditures, the project's remoteness and weather challenges, permitting requirements, project financing dependent on a future partnership, and potential opposition from local groups. <a href="https://www.streetwisereports.com/article/2026/01/21/target-price-raised-on-gold-mining-co.html?utm_medium=feed" target="_blank" rel="noopener">Cantor Fitzgerald recently increased its target price for Seabridge</a> following an upward revision of its gold and silver price forecasts, according to Mike Kozak in a macro note dated January 12. The financial services firm anticipates that the rising prices of gold and silver will start to significantly enhance Seabridge's margins, earnings, and cash flow beginning with the fourth quarter of 2025 results, which are expected to be reported in late February, and will further accelerate in the first quarter of 2026. Cantor has set a new target price for Seabridge at CA$66 per share, which implies a 72% return, as highlighted by Kozak. The firm maintains a Buy rating on the company. <h2 style="text-align: center;">Analyst: Project Set to Capitalize on Market Conditions</h2> Technical Analyst John Newell of Newell & Associates, <a href="https://www.streetwisereports.com/article/2025/12/23/a-multi-decade-setup-meets-one-of-the-worlds-largest-gold-projects.html?utm_medium=feed" target="_blank" rel="noopener">in a recent article for Streetwise Reports dated December 23, 2025</a>, discussed Seabridge Gold Inc.'s strategic handling of the KSM project. Over the last two decades, Seabridge has meticulously developed and obtained the necessary permits for KSM, setting it up to capitalize on favorable market conditions. The project, which is fully permitted and supported by robust Indigenous agreements, is poised to become a significant, long-term production venture on a global scale. Newell highlighted that with rising gold and copper prices, the market is starting to recognize the substantial leverage KSM offers. He noted that Seabridge shares are currently experiencing a breakout from a base that has been forming for over a decade. "From a technical perspective, Seabridge shares are emerging from a multi-year base that spans more than a decade. Breakouts of this magnitude are typically driven by fundamental re-rating events, not short-term momentum. The combination of rising gold prices, advancing partnership discussions at KSM, and a clear plan to unlock value from Courageous Lake creates a rare convergence of factors," explained Newell. He has rated Seabridge as a Speculative Buy, identifying it as an attractive option "for investors who understand the power of scale, scarcity, and optionality in a new gold cycle. With two world-class assets now on separate paths, and a long-term chart pointing higher, Seabridge offers leverage that is increasingly difficult to find in the gold sector." <h2 style="text-align: center;">The Catalyst: Gold Hits Storm of Volatility</h2> Gold prices saw a modest increase on Monday, with a slight easing in rate hike expectations and some investors engaging in bargain-hunting, <a href="https://www.investing.com/news/commodities-news/gold-prices-rise-slightly-with-iran-war-escalation-in-focus-4586650" target="_blank" rel="noopener">according to a March 30 report by Anuron Mitra for Investing.com</a>. This activity comes as gold is on track for its largest monthly decline in nearly two decades. As of 4:25 p.m. ET on Monday, spot gold was up 0.2% at US$4,503.29 per ounce, and gold futures also rose by 0.2% to US$4,532.51 per ounce, Mitra wrote. Last week, spot gold had dipped to as low as US$4,000 per ounce before recovering to near US$4,500 by Friday, despite a more than 14% drop over the past month. Analysts at OCBC attribute gold’s recent rebound from last week’s lows to technical factors, particularly after the sharp price declines since the onset of the Iran conflict in late February, according to the report. They observed a slight easing in bearish momentum, with gold’s relative strength index moving out of oversold territory. However, OCBC analysts cautioned that the sustainability of gold’s recovery remains uncertain, pointing to key resistance levels at US$4,624, $4,670, and US$4,850 per ounce. "A more durable recovery would likely require prices to reclaim and hold above these levels. Failing which, gold may continue to trade on a softer footing,” they noted. Additionally, they mentioned that high energy prices could stoke inflation pressures, potentially pushing up Treasury yields and creating a tougher environment for gold. With diminishing expectations for rate cuts and increasing bets on rate hikes, gold’s attractiveness could be further compromised, as the non-yielding metal typically underperforms in higher rate environments. <a href="https://www.kitco.com/news/article/2026-03-30/near-term-trend-still-looks-bearish-gold-prices-silver-producers-ahead-2025" target="_blank" rel="noopener">Ernest Hoffman reported for Kitco News on March 30</a> that precious metals analysts at Heraeus have observed a shift in central banks' behavior from buyers to sellers of gold, which has contributed to weakening the support for gold prices. In their latest report, they highlighted that the Turkish central bank has notably decreased its gold reserves by approximately 53 tonnes, bringing it down to 772 tonnes. This reduction includes 22 tonnes sold directly and 31 tonnes used in gold-backed currency swaps. While this instance is specific to one bank, it illustrates a broader trend where central banks utilize their gold reserves during periods of financial and economic stress, with gold serving as a liquid asset free from counterparty risks.[OWNERSHIP_CHART-700] The analysts also pointed out that central banks had added 863 tonnes of gold to their reserves last year. However, they cautioned that market turmoil could lead central banks to curtail their purchases or even sell off gold, significantly impacting overall demand. Additionally, Heraeus noted that recent announcements by President Trump regarding Iran have continued to induce volatility in the metals market. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Management and insiders hold approximately 3% of the company, while institutions own about 62%. The remainder is held by retail investors. Friedberg Mercantile Group Ltd. holds 15.49%, Pan Atlantic Bank and Trust owns 10.23%, Van Eck Associates Corp. has 6.86%, and Kopernik Global Investors L.L.C. possesses 6.69%. There are around 104.35 million shares outstanding, with the company having a market cap of CA$3.73 billion and trading within a 52-week range of CA$13.44 to CA$54.29. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Seabridge Gold Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Seabridge Gold Inc.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30872"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30872" width="0" height="0"> ( Companies Mentioned: SEA:TSX; SA:NYSE.MKT, ) Wed, 01 Apr 2026 00:00:00 PST Gold Co. Uncovers High-Grade Gold in Brazil, Issues Shares in Bought Deal https://www.streetwisereports.com/article/2026/03/31/cabral-gold-uncovers-high-grade-gold-in-brazil-issues-shares-in-bought-deal.html Source: <a href="https://www.streetwisereports.com/article/2026/03/31/cabral-gold-uncovers-high-grade-gold-in-brazil-issues-shares-in-bought-deal.html?utm_medium=feed">Streetwise Reports 03/31/2026</a> Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) raised CA$20M to expand drilling in Brazil's Tapajos, accelerating resource growth across the district.<a href="https://www.stockwatch.com/News/Item/Z-C!CBR-3799019/C/CBR" target="_blank" rel="noopener">Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) announced</a> it is issuing new shares in a bought deal, with Stifel Canada as the underwriter. The two companies have agreed on 21,055,000 shares at CA$0.95 each, with an expected gross proceeds of CA$20,002,250. A further agreement gives the underwriters an overallotment option, allowing the purchase of 15% (3,158,250) of common shares. Stifel can purchase these shares in any quantity up to the maximum within the first 30 days of the deal closing, and a full purchase would add around CA$3 million to the deal. <a href="https://www.stockwatch.com/News/Item/Z-C!CBR-3799019/C/CBR" target="_blank" rel="noopener">Alan Carter, Cabral's President and CEO, said on March 25, 2026</a>, "Following recent positive drill results from the Jerimum Cima target, including 9.5 m at 87.4 g/t gold, the company has elected to expand its exploration drill program within the Cuiu Cuiu district. This bought deal financing will allow us to add more drill rigs to the current exploration program and drill the Jerimum Cima discovery, as well as several other gold discoveries within the district. The objective of the drill program will be to accelerate the growth of the indicated and inferred resources within the district, particularly in the primary hard rock material, which is expected to be the basis of the phase 2 development at Cuiu Cuiu. The phase 1 gold-in-oxide project remains on schedule and on budget with commercial gold production expected in Q4 2026." <a href="https://www.stockwatch.com/News/Item/Z-C!CBR-3799019/C/CBR" target="_blank" rel="noopener">Three main gold deposits have been identified</a> at the company's Cuiu Cuiu Project in Brazil, which is located in the Tapajos gold province. Traditionally, this spot has produced up to two 2Moz of gold placer. As of March 2026, Cabral Gold has completed 54% of its <a href="https://cabralgold.com/wp-content/uploads/2026/03/CBR-March-2026-v1.pdf" target="_blank" rel="noopener">Phase 1 gold-in-oxide heap leach construction project</a>. Cabral Gold Inc. is a Canadian junior exploration mining company that focuses on projects in Brazil's Tapajos region. <h2 style="text-align: center;">Gold Wobbles Amid Inflation Fears</h2> Gold went up a little on Tuesday when <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-tuesday-march-31-gold-price-strengthens-after-report-that-trump-is-considering-war-exit-111116757.html" target="_blank" rel="noopener">President Trump expressed potential willingness to pull out of the U.S.-Iran War</a>, giving investors hope for more stable interest rates. <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-tuesday-march-31-gold-price-strengthens-after-report-that-trump-is-considering-war-exit-111116757.html" target="_blank" rel="noopener">According to a March 31, 2026, article by Catherine Brock for Yahoo Finance</a>, "Gold June futures opened at US$4,538.90 per troy ounce on Tuesday, 0.4% lower than Monday's closing price of US$4,557.50. The gold price rose in early trading." At the same time, Trump has expressed a desire to simply '<a href="https://www.kitco.com/news/article/2026-03-30/price-gains-gold-silver-renewed-safe-haven-demand" target="_blank" rel="noopener">take the oil in Iran</a>' due to the ongoing closure of the Strait of Hormuz. Uncertainty like this has steered some investors to buy solid commodities, like gold. On March 30, 2026, <a href="https://www.kitco.com/news/article/2026-03-30/price-gains-gold-silver-renewed-safe-haven-demand" target="_blank" rel="noopener">Jim Wyckoff wrote for Kitco</a>: "Gold and silver prices are higher in early U.S. trading today, as traders and investors stepped up their safe-haven buying as the war in the Middle East is still running hot. Down-ticks in global government bond prices and higher crude oil prices today are also supportive for the two precious metals markets." Despite the recent downturn in the gold market, many investors are looking to the future. <a href="https://vongreyerz.gold/haycock-piepenburg-golds-pullback-may-be-the-best-entry-point-in-years?utm_campaign=163139794-2025%20-%20Newsletters&utm_medium=email&_hsenc=p2ANqtz-99zdr6kjFvac9VhD7n3-GiaJ0w8b8170LG-fSo200OjdBqC90tKMoffV3aZFmbKJU2AlcYVyhv0o08XLpb3IiPpOSPaO5lSq44puHU9kfQIIaiaRI&_hsmi=132300172&utm_content=132300172&utm_source=hs_email" target="_blank" rel="noopener">Matthew Piepenburg said for Von Greyetz Gold</a> on March 31, 2026, that ". . . what may appear to be a weakness today could, in reality, represent a rare and strategic entry point for those who understand physical gold's role as a long-term store of value. <h2 style="text-align: center;">Fresh Capital and Multiple Catalysts</h2> For <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/prince-silver-cabral-gold-american-pacific/#cg" target="_blank" rel="noopener">The Gold Advisor, Senior Analyst Jeff Valks commented</a> on the company's bought deal on March 25: "We like this move because treasury just got stronger ahead of a larger drilling push. Management also noted the underwriting syndicate committed to purchasing the full offering upfront — providing certainty of funds and speed to closing. The placement came at roughly a 7% discount to market, with no warrants attached, which keeps dilution cleaner than many junior financings." Many investors fear dilution, but Valks argued that, "This is obviously not 'keep-the-lights-on' dilution. That's 'accelerate-the-district' dilution." Valks reiterated his previous "Buy" rating for Cabral Gold, noting that the company has fresh capital and multiple catalysts lined up. [OWNERSHIP_CHART-9314] <h2 style="text-align: center;">Catalysts</h2> <a href="https://cabralgold.com/wp-content/uploads/2026/03/CBR-March-2026-v1.pdf" target="_blank" rel="noopener">In its investor presentation</a>, the company released resource estimates for Cuiu Cuiu: Primary Indicated resources of 12.29Mt @ 1.14 g/t gold (450,200oz) + oxide res 13.56Mt @ 0.50 g/t gold (216,182oz) and Primary Inferred resources of 13.63Mt @ 1.04 g/t gold (455,100oz) and oxide res. 6.40Mt @ 0.34 g/t gold (70,569oz). Cabral Gold expects first production from the gold-in-oxide starter project in Q4 2026 and is nearly finished building a mining camp for 140 workers at its Cuiu Cuiu Project. The company also got results from drilling its Jerimum Cima Project, with 9.5m @ 87.4 g/t gold, and is drilling three other properties as exploration. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Cabral Gold Inc. has a market cap of CA$253.23 million, with 278.27 million shares outstanding. The company's 52-week range is CA$0.28-CA$1.29. Institutions own 13.71% of the company's stock, while Management & Insiders own 6.35%. The remaining 79.94% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30871"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30871" width="0" height="0"> ( Companies Mentioned: CBR:TSX.V; CBGZF:OTCMKTS, ) Tue, 31 Mar 2026 00:00:00 PST A Major Currency Event is Unfolding https://www.streetwisereports.com/article/2026/03/31/a-major-currency-event-if-unfolding.html Source: <a href="https://www.streetwisereports.com/article/2026/03/31/a-major-currency-event-if-unfolding.html?utm_medium=feed">Barry Dawes 03/31/2026</a> With Operation Epic Fury still on everyone's minds, Barry Dawes of Martin Place Securities shares his thoughts on the market and where currencies are headed.Epic Fury is still the focus and the implications are that a long war with boots on the ground will be endless and energy prices will strangle the world economy. But it probably won't run that way. There is another government working in Iran that let 10 tankers through the Strait of Hormuz. In addition, the UAE is moving to reclaim three islands after the November 1971 Seizure (or Occupation) of Abu Musa and the Greater and Lesser Tunbs. Change in control here could also change the control of the flow of tankers in the Strait. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633161643_1.png" alt="" width="600" height="370" /> The IRGC is now severely weakened and as an invading Terrorist government it is soon likely to be overthrown by the 55m Persians (60% of a 90million population). Rear guard actions from an ever-dwindling IRGC are likely to just fizzle out. No boots on the ground for this one. Treasury Secretary Bessent says >400m bbls of oil are available in floating and other storage to ease pressures. Oil was looking toppy in Friday's US markets, and although it is higher today in Asian trading, let's see where it settles overnight. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633161713_2.png" alt="" width="700" height="530" /> <h2 style="text-align: center;">Gold</h2> Still doesn't look like time for a reversal. Oversold, but the technicals for a reversal are not quite there. Did gold complete a `C' Wave as the end of the correction to mark the end of Wave 4? The gold bulls think so. So now off to wave 5 and a new high. This is now the most widely accepted view in the market. But if it does, it WILL then mark the end of this bull market. So that is probably not the most likely outcome. Do keep in mind it is just possible every rally will be sold into because so many late entrants in gold are underwater. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633161737_3.png" alt="" width="1000" height="491" /> So just let the markets tell us what the next move is. But also watch the currencies as well as noted below. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633161807_3.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633161814_4.png" alt="" width="700" height="530" /> <h2 style="text-align: center;">Silver</h2> The silver squeeze doesn't seem to have eventuated. Silver and silver stocks are just having spike highs. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633161904_5.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633161911_6.png" alt="" width="700" height="530" /> <h2 style="text-align: center;">Gold Stocks</h2> Spike highs here, too, in the long-term charts. It's hard to imagine new surges with the long-term so strongly overbought. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162001_7.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162009_8.png" alt="" width="409" height="331" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162016_9.png" alt="" width="700" height="530" /> These indices need to turn up quickly, or they will become continuation patterns and not reversal patterns. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162112_1.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162119_2.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162129_3.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162138_4.png" alt="" width="700" height="530" /> Individual stocks aren't showing constructive reversal patterns. No high volume in the right places. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162234_5.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162240_6.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162248_7.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162254_8.png" alt="" width="700" height="530" /> <h2 style="text-align: center;">ASX Gold Index</h2> The ASX Gold Index has 55 stocks again. Last time it had this many was in 2011. Was down to sub 20 in 2014. There was a big volume and value on March 20, but less in the low of March 23, and steadily lower each day since. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162321_9.png" alt="" width="1000" height="456" /> Peak volume was on March 20, but the low was on March 23. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162339_10.png" alt="" width="1000" height="293" /> Even more concerning is that transactions from October 1, 2025, to February 28, 2026, totalling AU$91.6bn and 33.3bn shares are all in losing positions at today's price level. This is a major overhang. Volume needs to pick up soon. Except TOK, of course. <h2 style="text-align: center;">Currencies</h2> European currencies and the Yen are heading much lower. These falling currencies won't help the gold bull case. Energy importers are going to suffer. The Yen is very close to the mid-2024 low, and after that, it is just a 25% fall in a short time. The Euro failed to break above its 50 year uptrend and has turned down to fall below parity and probably thereafter to its demise. NATO is indeed a paper tiger, and Western Europe will be left defenceless. High taxes, big debts, no oil or gas, mass immigration, and tyrannical bureaucrats in charge. The EU can't possibly hold together for much longer. The GB Pound failed to break long-term resistance and is now heading down. The SF also failed to break higher and regain strength above its 50-year uptrend. Upsloping wedge says heading back to parity. Stupidity and arrogance are leaving Western Europe increasingly irrelevant to the world economy of the decades ahead. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162436_1.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162442_2.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162448_3.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162453_4.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162508_5.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162514_6.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162520_7.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162526_8.png" alt="" width="700" height="530" /> And there are some other currencies to watch. This one does not look good either. It could break US$0.70. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162624_1.png" alt="" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162650_2.png" alt="" width="700" height="530" /> The Chinese Yuan looks vulnerable to a downdraft as well. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162717_3.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162723_4.png" alt="" width="700" height="530" /> <h2 style="text-align: center;">US Dollar</h2> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162740_5.png" alt="" width="750" height="530" /> <h2 style="text-align: center;">The Australian Dollar</h2> The AU$ has made important breakouts many other currencies. These are very positive factors in the outlook for the next decade. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162822_6.png" alt="" width="693" height="547" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162829_7.png" alt="" width="434" height="322" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162837_8.png" alt="" width="700" height="530" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633162851_9.png" alt="" width="700" height="530" /> Head the markets. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Pan American Silver Corp., Barrick Mining Corp., and Agnico Eagle Mines Ltd.</li> <li>Barry Dawes: I, or members of my immediate household or family, own securities of: TOK. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30870"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30870" width="0" height="0"> Tue, 31 Mar 2026 00:00:00 PST High-Grade Breccia Discovery in Mexico may Point to a Larger Porphyry System https://www.streetwisereports.com/article/2026/03/31/high-grade-breccia-discovery-in-mexico-may-point-to-a-larger-porphyry-system.html Source: <a href="https://www.streetwisereports.com/article/2026/03/31/high-grade-breccia-discovery-in-mexico-may-point-to-a-larger-porphyry-system.html?utm_medium=feed">John Newell 03/31/2026</a> John Newell of John Newell & Associates reviews Regency Silver Corp. (RSMX:TSX.V; RSMXF:OTCQB) to explain why he thinks the company is a Speculative Buy.Gold and silver prices have been strengthening as investors increasingly turn toward hard assets in response to persistent inflation, rising government debt, and growing geopolitical uncertainty. In environments like this, discovery-stage exploration companies operating in prolific mining districts can attract significant attention when drill results begin to reveal the potential scale of a mineral system. That appears to be the situation developing at the Dios Padre Project in Sonora, Mexico, where <a href="https://www.streetwisereports.com/pub/co/11413?utm_medium=feed" target="_blank" rel="noopener">Regency Silver Corp. (RSMX:TSX.V; RSMXF:OTCQB)</a> has been intersecting significant gold, silver, and copper mineralization within a breccia system that may represent the upper portion of a much larger porphyry-style deposit. Located within the prolific Laramide porphyry belt, the project sits in the same geological corridor that hosts some of the largest copper and gold systems in North America. With an initial silver-equivalent resource already outlined and continued exploration expanding the mineralized footprint, Regency Silver is positioning itself as a discovery-stage company operating in one of Mexico's most productive mining regions. <h2 style="text-align: center;">About the Company</h2> Regency Silver Corp. (RSMX:TSX.V; RSMXF:OTCQB), is a Canadian junior exploration company focused on discovering and advancing precious and base metal deposits in mining-friendly jurisdictions. Its flagship asset is the Dios Padre Project, located in the state of Sonora in northern Mexico, approximately midway between Hermosillo and Chihuahua City. The project benefits from excellent infrastructure, including road access, nearby power, and a skilled mining workforce. The property hosts a past-producing silver mine and sits within the Laramide porphyry belt, a geological corridor that stretches from Arizona through northern Mexico and hosts many of the world's largest copper-gold deposits. Regency has already outlined an NI 43-101 inferred resource of approximately 11.375 million ounces of silver equivalent, representing 1.384 million tonnes grading 255.64 g/t silver equivalent. While still early stage, continued drilling suggests the mineralized system may extend well beyond the currently defined resource area. <h2 style="text-align: center;">Sonora Mining District: A Proven Fertile Geological Neighborhood</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202633152030_1.png" alt="" width="624" height="355" /> Mining history often teaches a simple lesson: the best place to find a new mine is near an existing one. The Sonora region of Mexico is one of the most productive mining districts in North America and hosts several large operating mines. Nearby operations include Pan American Silver Corp.'s (PAAS:TSX; PAAS:NYSE) Dolores Mine, Alamos Gold Inc.'s (AGI:TSX; AGI:NYSE) Mulatos Mine, and Agnico Eagle Mines Ltd.'s (AEM:TSX; AEM:NYSE) La India and Pinos Altos mines. These operations have collectively produced millions of ounces of gold and silver and demonstrate the strong mineral endowment of the district. While Regency Silver does not hold interests in these neighboring operations, their presence highlights the fertility of the region and reinforces the geological potential for additional discoveries throughout this part of Mexico. <h2 style="text-align: center;">The Project That Could Drive the Company's Value</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202633152045_2.png" alt="" width="577" height="317" /> The Dios Padre Project represents the central focus of Regency Silver's exploration strategy. The property hosts a historic silver mine as well as a large mineralized breccia system discovered beneath the old workings. Geological evidence suggests the breccia zone may represent the upper expression of a deeper porphyry-style copper-gold system. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202633152059_3.png" alt="" width="553" height="310" /> Drilling over the past several exploration campaigns has returned a number of impressive intercepts. Among the most notable results are: <ul> <li>Hole REG-23-21 returned 54.65 metres grading 5.34 g/t gold, including 38 metres grading 7.36 g/t gold</li> <li>Hole REG-22-01 returned 53.8 metres grading 4.7 g/t gold, including 35.8 metres grading 6.84 g/t gold</li> <li>Hole REG-23-14 returned 29.4 metres grading 6.32 g/t gold</li> <li>Hole REG-25-25 returned 9 metres grading 5.34 g/t gold</li> </ul> These intersections occur within a mineralized breccia body that remains open in multiple directions, suggesting the system could continue to expand with additional drilling. One geological feature that makes the discovery particularly intriguing is the presence of a mineralized breccia system, which in many mining districts represents the upper portion of a deeper porphyry deposit. Breccias form when hydrothermal fluids fracture and collapse surrounding rock during the early stages of a large mineralizing event. In some cases, these breccia zones sit above the intrusive source of the system, where copper, gold, and silver mineralization can become much larger at depth. Historic drilling at the project has also intersected exceptionally high-grade silver mineralization, including 32.5 metres of 408 g/t silver and 28.8 metres of 467.8 g/t silver, highlighting the strength of the mineralizing system already identified on the property. Recent drilling below the historic mine extended the silver zone an additional 125 metres and returned 9 metres of 158 g/t silver and 0.68% copper. <h2 style="text-align: center;">Management</h2> Regency Silver is led by a team with extensive experience operating in Mexico's mining industry. Founder and CEO Bruce Bragagnolo previously co-founded Timmins Gold Corp., which built and operated the San Francisco Mine in Sonora. During his leadership, the company grew from a small IPO into a producing gold company with a market capitalization approaching US$475 million during the last precious metals cycle. He was also a founder of Silvermex Resources, which was ultimately acquired by First Majestic Silver. The company's technical leadership includes Michael Tucker, P.Geo, an experienced exploration geologist who serves as both director and head geologist. Together, the team combines geological expertise, capital markets experience, and a long track record of operating in Mexico. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/2026331112221_image008.png" alt="" width="1000" height="562" /> <h2 style="text-align: center;">Share Structure</h2> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633152320_image0071.png" alt="" width="1000" height="563" /> According to the company's most recent corporate presentation, Regency Silver has a relatively tight share structure for a discovery-stage exploration company. Current capitalization includes approximately: <ul> <li>138,026,099 shares issued and outstanding</li> <li>9,320,000 stock options</li> <li>65,207,125 share purchase warrants</li> <li>6,349,227 broker warrants</li> </ul> This results in a fully diluted share count of approximately 187 million shares. For investors, this provides meaningful leverage to exploration success if the company continues to expand the discovery. <h2 style="text-align: center;">Technical Analysis</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202633152152_6.png" alt="" width="624" height="568" /> From a technical standpoint, the long-term chart for Regency Silver illustrates the type of pattern often seen in junior exploration companies following a prolonged bear market in the sector. After an early exploration success pushed the shares sharply higher, the stock entered a multi-year correction as the broader junior mining sector experienced a difficult market environment. During that period, the shares spent considerable time building a base while selling pressure gradually diminished. More recently, the chart has begun to show signs of improvement. The shares appear to have broken out of a declining wedge pattern, accompanied by increasing volume that suggests renewed buying interest as the selling pressure from earlier cycles began to exhaust itself. Following that breakout, the stock advanced toward the CA$0.30–CA$0.35 range, where it encountered resistance from earlier investors. The recent pullback toward the CA$0.18–CA$0.20 area appears to represent a normal consolidation and may offer investors another opportunity to establish positions if the broader trend continues to develop. If the breakout continues to confirm, the chart suggests potential upside targets of: <ul> <li>First Target: CA$0.45 (just missed this target on the first move to CA$0.435 cents)</li> <li>Second Target: CA$0.65</li> <li>Third Target: CA$0.95</li> </ul> Looking further out, the larger chart structure suggests a big picture target of approximately CA$2.20 should exploration success continue and market interest return to discovery-stage companies. <h2 style="text-align: center;">Why Discoveries Matter in a Bull Market</h2> In strong precious metals markets, the companies that often generate the largest returns are not always the producers, but the explorers that make new discoveries. When gold and silver prices are rising, major mining companies begin searching more aggressively for new deposits to replace declining reserves. That creates an environment where exploration success can quickly attract market attention and, in some cases, strategic interest from larger companies looking to secure future production. Discovery-stage companies, therefore, offer a unique form of leverage. A single successful drill program that expands a mineralized system can dramatically change how the market values a project, especially when that discovery occurs in a prolific mining district with established infrastructure and nearby operating mines. For investors who understand the risks of exploration, these early-stage discoveries can sometimes provide exposure to the type of value creation that defines the most successful mining cycles. <h2 style="text-align: center;">Investment Highlights and Risks</h2> Several factors help define the opportunity for Regency Silver. The company controls a project located within a highly productive mining district with a long history of discovery and production. The presence of multiple nearby operating mines demonstrates the geological fertility of the region. The Dios Padre project already hosts a defined resource and has returned high-grade drill results suggesting the mineralized system could expand significantly with additional drilling. At the same time, Regency Silver remains an exploration-stage company, and inferred resources carry a lower level of geological confidence than more advanced resource categories. Future progress will depend on continued exploration success, access to capital markets, and commodity price conditions for silver, gold, and copper. <h2 style="text-align: center;">Conclusion</h2> In the junior mining sector, discovery stories often begin quietly before eventually attracting broader investor attention as drilling begins to outline the scale of a mineral system. Regency Silver Corp. (RSMX:TSX.V; RSMXF:OTCQB) appears to be at that early stage today. The company has already demonstrated the presence of a high-grade gold-silver-copper breccia system at its Dios Padre Project in Sonora, Mexico, and geological modeling suggests the mineralization may be connected to a larger porphyry system at depth. With encouraging drill results, an experienced management team, and a project located in one of Mexico's most productive mining regions, Regency Silver offers investors exposure to both exploration upside and strengthening precious metals markets. Based on the current chart structure and the exploration potential of the project, Regency Silver Corp. appears to represent a Speculative Buy near the CA$0.16–CA$0.20 range, with meaningful upside should future drilling confirm the geological model and continue expanding the discovery. For more information, <a href="https://www.regency-silver.com" target="_blank" rel="noopener">visit the company website</a>. You can see my previous article on the company <a href="https://www.streetwisereports.com/article/2025/09/10/a-high-grade-sonora-discovery-with-room-to-run-higher.html?utm_medium=feed" target="_blank" rel="noopener">here</a>. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Regency Silver Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Regency Silver Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li> <div class="x_elementToProof">For this article, Regency Silver Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.</div> </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Regency Silver Corp., Pan American Silver Corp., and Agnico Eagle Mines Ltd.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30868"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30868" width="0" height="0"> ( Companies Mentioned: RSMX:TSX.V; RSMXF:OTCQB, ) Tue, 31 Mar 2026 00:00:00 PST Historic Survey Data Reveals 11 Target Zones as Modern Tech Unlocks New Exploration Potential https://www.streetwisereports.com/article/2026/03/31/historic-survey-data-reveals-11-target-zones-as-modern-tech-unlocks-new-exploration-potential.html Source: <a href="https://www.streetwisereports.com/article/2026/03/31/historic-survey-data-reveals-11-target-zones-as-modern-tech-unlocks-new-exploration-potential.html?utm_medium=feed">Streetwise Reports 03/31/2026</a> Armory Mining Corp. (ARMY:CSE; RMRYF:OTC; J2S:FRA) acquired and is reprocessing historical geophysical data from its Riley Creek antimony-gold project in British Columbia.<a href="https://www.streetwisereports.com/pub/co/11239?utm_medium=feed" target="_blank" rel="noopener">Armory Mining Corp. (ARMY:CSE; RMRYF:OTC; J2S:FRA)</a> reported <a href="https://www.armorymining.com/20260325-armory-mining-acquires-geological-data-for-the-riley-creek-antimony-gold-project-british-columbia" target="_blank" rel="noopener">that it has acquired historical geological data for its Riley Creek antimony-gold project in British Columbia and plans to conduct a detailed analysis using modern interpretation methods and advanced software.</a> The company stated that it anticipates commencing the data review immediately and intends to begin its previously stated work within the next 90 days. According to the company, the dataset includes results from a 1995 airborne geophysical survey conducted by Dighem, which incorporated magnetometer, electromagnetic, and radiometric data. The survey covered approximately 575 line kilometers using east-west-oriented flight lines spaced at 100-meter intervals. The original 1997 interpretation identified 11 areas of interest based on geophysical anomalies and structural complexity, including multiple fault systems, potential intrusive contacts, radiometric anomalies, and electromagnetic conductors that warranted follow-up ground evaluation. The company stated that it plans to digitize and analyze the complete dataset using current processing algorithms and interpretation techniques that were not available at the time of the original survey. Advances in geophysical software now allow for enhanced data filtering, three-dimensional modeling, and integration of multiple datasets. "By applying modern processing techniques to this high-quality dataset, we believe it will yield valuable insights and assist us in identifying priority drill targets," <a href="https://www.armorymining.com/20260325-armory-mining-acquires-geological-data-for-the-riley-creek-antimony-gold-project-british-columbia" target="_blank" rel="noopener">said Alex Klenman, Chief Executive Officer, in the news release.</a> "With planning underway for phased exploration at our Ammo antimony-gold project, and with this analysis program at Riley Creek expected to begin within the next 60 days, we continue to advance our projects and prepare for more comprehensive exploration programs over the coming year," he added. The Riley Creek project is located on Graham Island in the Queen Charlotte Islands, British Columbia, and is accessible year-round via logging roads from Port Clements and Daajin Giids. The regional geology includes Jurassic Yakoun Formation sedimentary rocks, Tertiary Masset Formation volcanic flows and pyroclastics, and Tertiary plutonic intrusions of the Kano suite. <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:f4c488dc-1d1a-470e-a297-2b92bc6292ad-16" data-testid="conversation-turn-6" data-scroll-anchor="false" data-turn="assistant"> <div class="text-base my-auto mx-auto [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" data-message-author-role="assistant" data-message-id="cba2fa4e-7f73-4246-a321-c01bf8665f6f" data-message-model-slug="gpt-5-3"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="62">Gold Prices, Market Volatility, and Safe-Haven Activity</h2> <a href="https://www.kitco.com/news/article/2026-03-30/price-gains-gold-silver-renewed-safe-haven-demand" target="_blank" rel="noopener">Kitco News reported on March 30 that gold and silver prices had risen in early U.S. trading as geopolitical tensions influenced investor behavior.</a> The publication stated that "traders and investors stepped up their safe-haven buying as the war in the Middle East is still running hot." It also noted that "down-ticks in global government bond prices and higher crude oil prices today are also supportive for the two precious metals markets." The report included market pricing data, stating that June gold was "last up $44.10 at $4,568.50," reflecting contemporaneous trading conditions. <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-tuesday-march-31-gold-price-strengthens-after-report-that-trump-is-considering-war-exit-111116757.html" target="_blank" rel="noopener">A March 31 report from Yahoo Finance described how gold prices had continued to respond to geopolitical developments and monetary policy signals. </a>It stated that June gold futures opened at US$4,538.90 per troy ounce, which was 0.4 percent lower than the prior session's close of US$4,557.50, before rising in early trading. The report noted that "the gold price continues to react to headlines about the Iran war" and added that "stable interest rates are better for the gold price than rising ones." It also included commentary from market participants, with Darrell Fletcher stating that "buying high to hope for short-term higher is a tough strategy," while Alex Tsepaev said that "gold should not be seen as a driver of supercharged returns — it's there to act primarily as a stabilizer in a diversified portfolio." The report further highlighted that gold prices had increased 4.6 percent over the past week and 46.8 percent over the past year. <a href="https://vongreyerz.gold/haycock-piepenburg-golds-pullback-may-be-the-best-entry-point-in-years?utm_campaign=163139794-2025%20-%20Newsletters&utm_medium=email&_hsenc=p2ANqtz-99zdr6kjFvac9VhD7n3-GiaJ0w8b8170LG-fSo200OjdBqC90tKMoffV3aZFmbKJU2AlcYVyhv0o08XLpb3IiPpOSPaO5lSq44puHU9kfQIIaiaRI&_hsmi=132300172&utm_content=132300172&utm_source=hs_email" target="_blank" rel="noopener">According to a March 31 article by Jonny Haycock, gold's recent price movements occurred within a broader macroeconomic environment characterized by financial system pressures. </a>The article stated that "during periods of tightening liquidity, rising yields, and forced deleveraging, even the strongest and most liquid assets, like physical gold, can be temporarily sold." It further explained that "what we are witnessing is not a failure of gold but a reflection of a deeply stressed, debt-driven system." The discussion also noted that "with global debt levels surging, credit markets under pressure, and inflationary forces building, the fundamental case for gold has rarely been stronger." </div> </div> </div> </div> </div> </div> </section> </div> <div class="pointer-events-none h-px w-px absolute bottom-0" aria-hidden="true" data-edge="true"> </div> <h2 style="text-align: center;" data-start="2275" data-end="2351">Data Reprocessing, Exploration Planning, and Project-Level Work Programs</h2> The company indicated that it will begin digitizing and reprocessing the Riley Creek geophysical dataset using modern software and interpretation techniques. This work is expected to commence immediately, with the analysis program anticipated to begin within the next 60 days. Armory stated that it intends to start its previously outlined work programs within the next 90 days, following the completion of the data review process. The reprocessing effort is designed to apply updated algorithms, enhanced filtering, and three-dimensional modeling to refine geological understanding and support drill targeting. [OWNERSHIP_CHART-11239] Planning is also underway for phased exploration at the company's Ammo antimony-gold project. <a href="https://www.armorymining.com/assets/pdf/presentations/ARMY_Presentation.pdf" target="_blank" rel="noopener">According to the company's investor presentation, </a>phase one of the Ammo work program is expected to include prospecting and reconnaissance to identify favorable geology, followed by detailed surface sampling and geophysics to assist in determining priority drill targets. The presentation stated that Armory planned to budget up to CA$500,000 for the initial phase of exploration at Ammo, with additional details to be provided as planning progresses. <h2 style="text-align: center;">Ownership and Share Structure 1</h2> 0.65% of Armory Mining is held by management and insiders. The rest is retail. <div class="flex flex-col text-sm pb-25"> <article class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" tabindex="-1" data-turn-id="request-WEB:21a654f6-a9e4-4a53-b81d-f211ad7aee61-69" data-testid="conversation-turn-12" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" tabindex="-1"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&]:mt-1" dir="auto" data-message-author-role="assistant" data-message-id="aa72305d-8d41-4662-a294-1cffcf88d274" data-message-model-slug="gpt-5-3"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> As of March 27, Armory Mining Corp. had approximately 69.9 million shares outstanding and a market capitalization of about CA$2.45 million. The company's 52-week trading range was approximately CA$0.03 to CA$0.17. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> </div> </div> </div> </div> </article> </div>Important Disclosures:<ol> <li>Armory Mining Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Armory Mining Corp. </li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30867"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30867" width="0" height="0"> ( Companies Mentioned: ARMY:CSE; RMRYF:OTC; J2S:FRA, ) Tue, 31 Mar 2026 00:00:00 PST 3D Mapping Program Targets Historic Underground Zones Ahead of 10,000-Foot Drill Campaign https://www.streetwisereports.com/article/2026/03/31/3d-mapping-program-targets-historic-underground-zones-ahead-of-10-000-foot-drill-campaign.html Source: <a href="https://www.streetwisereports.com/article/2026/03/31/3d-mapping-program-targets-historic-underground-zones-ahead-of-10-000-foot-drill-campaign.html?utm_medium=feed">Streetwise Reports 03/31/2026</a> Giant Mining Corp. (CSE: BFG; OTC: BFGFF; FWB: YW5) engaged UAS Inc. to complete a high-resolution underground LiDAR survey at its Majuba Hill project in Nevada.<a href="https://www.streetwisereports.com/pub/co/11069?utm_medium=feed" target="_blank" rel="noopener">Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5)</a> announced <a href="https://www.stockwatch.com/News/Item/Z-C!BFG-3799963/C/BFG" target="_blank" rel="noopener">that it has engaged Unmanned Aerial Services Inc. to conduct a high-resolution underground LiDAR survey at its Majuba Hill Copper-Silver-Gold Project in Pershing County, Nevada</a>. The survey will be carried out by UAS Inc.’s U.S.-based team, with fieldwork scheduled for completion during the first two weeks of April 2026. The program will focus on detailed 3D mapping of accessible underground workings, including approximately 3,000 feet of drifting within the Middle Adit and approximately 169 feet of development within the Upper Adit. The survey will also include a network of historical stopes, multiple adits typically ranging from 6 to 8 feet in height, narrow stope openings averaging 30 to 40 inches in width, and several historical raises and winzes, with accessible raises generally less than 50 feet in height. The company noted that certain deeper winzes and other areas may be inaccessible. The LiDAR program is intended to generate a high-resolution digital model of underground workings to support structural interpretation, identification of historical mining orientations, and correlation with surface geology and drill data. The data is also expected to assist in targeting beneath and adjacent to historical workings. The company stated that interpretations derived from the survey are subject to limitations, including accessibility constraints and the need for geological interpretation. <a href="https://www.stockwatch.com/News/Item/Z-C!BFG-3799963/C/BFG" target="_blank" rel="noopener">David Greenway, President and CEO of Giant Mining Corp., said in a company news release</a>, "The engagement of UAS Inc. to complete an underground LiDAR survey is intended to support the Company’s ongoing evaluation of the Majuba Hill project." The survey is being conducted in advance of the company’s previously announced up to 10,000-foot core drilling program. The LiDAR dataset is expected to be integrated with existing geological and geophysical data to refine drill collar locations and improve targeting precision, including areas beneath historical workings that have seen limited modern drilling. The company also noted that Majuba Hill hosts extensive historical underground development, including past work conducted by Freeport Sulphur Company in the 1940s. The LiDAR program is part of the company’s broader 2026 exploration strategy, which includes an up to 10,000-foot diamond drill program targeting breccia-hosted and intrusive-related copper-silver-gold mineralization, along with the integration of historical data, surface exploration, and AI-assisted geological targeting. <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:c492bc6b-6750-4d22-ba1a-71f6d2474984-10" data-testid="conversation-turn-6" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="c7f5880d-3d94-4744-bdfc-bbbedbe74405" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="52">Precious and Base Metals Markets Reflect Geopolitical and Interest Rate Pressures</h2> Coulior Capital wrote on March 28 that precious and base metals markets had reflected mixed performance amid geopolitical developments and macroeconomic conditions. The report stated that "gold, silver, and platinum staged a sharp recovery on Friday, supported by renewed optimism around a potential de-escalation in the Middle East," while noting that "the broader base metals group remained mixed, suggesting limited conviction among investors." It added that "copper remained broadly stable during the week, edging up 0.2%, indicating resilience despite ongoing concerns around global growth and tighter financial conditions." The same report also described how monetary policy expectations influenced metals pricing, stating that "expectations of higher interest rates could continue to support government bond yields, creating a headwind for non-yielding precious metals." It further noted that "expectations that interest rates are likely to remain elevated this year continue to weigh on non-yielding assets such as Silver." <a href="https://www.kitco.com/news/article/2026-03-30/price-gains-gold-silver-renewed-safe-haven-demand" target="_blank" rel="noopener">Kitco News reported on March 30 that precious metals prices had moved higher in early U.S. trading, stating that "gold and silver prices are higher in early U.S. trading today</a>, as traders and investors stepped up their safe-haven buying as the war in the Middle East is still running hot." The report added that "down-ticks in global government bond prices and higher crude oil prices today are also supportive for the two precious metals markets." It also referenced broader market conditions, citing a Bloomberg report that said, "the market is now letting its imagination run wild about what the world might look like in a month’s time if there is no resolution by then" to the conflict. <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-tuesday-march-31-gold-price-strengthens-after-report-that-trump-is-considering-war-exit-111116757.html" target="_blank" rel="noopener">According to reporting by Catherine Brock on March 31, gold prices had continued to respond to geopolitical developments, with "the gold price continues to react to headlines about the Iran war." </a>The article stated that "the yellow metal showed some strength on Tuesday after President Trump reportedly expressed willingness to exit the war before the Strait of Hormuz is reopened." It also highlighted the role of interest rates, noting that "stable interest rates are better for the gold price than rising ones," and that "higher rates increase gold’s holding costs and tend to result in weaker gold prices." The same March 31 report also addressed the broader nature of commodity pricing, stating that "commodity prices are dependent on macroeconomic, political, industrial, and financial factors that are unpredictable, and in some cases, unknowable." <h2 style="text-align: center;" data-start="0" data-end="86">Technical Report Reviewed Exploration Activity and Assigned Speculative Buy Rating</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/11/a-us-copper-story-re-emerges-as-policy-geology-and-the-chart-align.html?m_t=2026_02_11_11_55_21&utm_medium=feed" target="_blank" rel="noopener">According to a February 11 report from John Newell of John Newell & Associates, Giant Mining Corp. was described as "a U.S.-focused copper exploration company listed on the CSE, with its primary asset being the Majuba Hill Copper Project in Nevada."</a> The report stated that the company had advanced the project over several years "through drilling, geophysics, and geological modeling, steadily building a large technical dataset while operating in one of the most mining-friendly jurisdictions in the world." Newell wrote that the Majuba Hill project is "a large, porphyry-style copper system located in Pershing County, Nevada, roughly 70 miles southwest of Winnemucca," and noted that it "benefits from excellent infrastructure, road access, nearby power, and a long history of mining activity." He also stated that "historic underground production at Majuba Hill dates back to the early 1900s and includes copper, silver, gold, and tin." The report stated that multiple drill campaigns had been completed between 2020 and 2025, noting that "Giant Mining has completed more than 100 drill holes totaling over 80,000 feet of drilling." Newell added that "recent programs have focused on expanding known copper mineralization, testing deeper sulphide targets, and following up on resistivity anomalies generated through modern geophysics and AI-assisted targeting." In addition to Majuba Hill, the report referenced another asset, stating that "Giant Mining Corp. holds a 20% ownership interest in the Friday Gold Project, located in the Orogrande Mining District of Idaho, approximately 16 kilometres south-southwest of Elk City." It further noted that the project hosts "a historical NI 43-101 mineral resource estimate totaling more than 1.2 million ounces of gold across indicated and inferred categories at grades near 1.0 g/t gold, based on a 2013 technical report." Regarding leadership, Newell wrote that "Giant Mining Corp. is led by a management team that combines capital markets experience with deep technical and operational expertise in copper exploration and development." The report added that David Greenway "brings more than 20 years of experience in building, financing, and advancing public companies, with a strong emphasis on the resource sector." Newell gave Giant a Speculative Buy rating in his article, and a long-term target price of CA$2.74. </div> </div> </div> </div> </div> </div> </section> </div> <div class="pointer-events-none h-px w-px absolute bottom-0" aria-hidden="true" data-edge="true"> </div> <h2 style="text-align: center;" data-start="2617" data-end="2673">Ongoing Exploration Programs and Drilling Activities</h2> The company’s previously announced exploration activities include an up to 10,000-foot diamond drill program designed to test newly identified breccia targets, extensions of mineralization at depth, and zones beneath historical underground workings. The LiDAR survey is being completed in parallel with this drilling program and is expected to contribute data that will be integrated with historical datasets, surface exploration results, and AI-assisted geological targeting methods used as a supplementary tool. [OWNERSHIP_CHART-11069] <a href="https://giantminingcorp.com/Giant-Mining-Investor-Deck.pdf" target="_blank" rel="noopener">According to the investor presentation</a>, a multi-phase drill program spanning 2020 through 2024 has been completed at Majuba Hill, followed by a 2025 exploration program with core drilling that commenced in the first quarter and was completed. The investor presentation also describes prior drilling and exploration work, including the completion of drill hole MHB-33 during the 2025 program, which reached a depth of approximately 950 feet, with core samples processed for analysis. <div class="mt-3 w-full empty:hidden"> <div class="text-center"> <h2 style="text-align: center;">Ownership and Share Structure2</h2> Roughly 15.1% of Giant Mining's shares are held by insiders, while the rest are owned by retail investors. The company's market capitalization is approximately CA$22.16 million. Giant has 116.2 million shares outstanding and a 52-week range of US$0.0880 and US$0. 0.3175. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> <div class="pointer-events-none h-px w-px absolute bottom-0" aria-hidden="true" data-edge="true"> </div>Important Disclosures:<ol> <li>Giant Mining is a billboard sponsor of Streetwise Reports and pay SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Giant Mining.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Disclosure for the quote from the John Newell article published on February 11, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 11, 2026), Giant Mining has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30866"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30866" width="0" height="0"> ( Companies Mentioned: CSE: BFG;OTC:BFGFF;FWB:YW5, ) Tue, 31 Mar 2026 00:00:00 PST New Technical Report Defines Large Copper System With Expansion Potential https://www.streetwisereports.com/article/2026/03/31/new-technical-report-defines-large-copper-system-with-expansion-potential.html Source: <a href="https://www.streetwisereports.com/article/2026/03/31/new-technical-report-defines-large-copper-system-with-expansion-potential.html?utm_medium=feed">Streetwise Reports 04/01/2026</a> Vanguard Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB) filed its first NI 43-101 report for the Redonda project, outlining a large copper-molybdenum system with mineralization open in multiple directions.<a href="https://www.streetwisereports.com/pub/co/11343?utm_medium=feed" target="_blank" rel="noopener">Vanguard Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB)</a> reported<a href="https://vanguardminingcorp.com/news/redonda-ni-43-101-technical-report-copper-molybdenum/" target="_blank" rel="noopener"> that it has completed and filed its first National Instrument 43-101 technical report for its 100%-owned Redonda copper-molybdenum project located in the Vancouver mining division near Campbell River, British Columbia.</a> The company stated that the report was prepared in accordance with Canadian Securities Administrators' NI 43-101 standards and incorporates results from its 2025-2026 drill campaign, updated geophysical data, and historical drilling completed by Teck Resources Ltd. in 1979. According to the company, the report outlines a mineralized footprint exceeding approximately 600 meters in strike, 500 meters in width, and 300 meters vertically. The report also includes multiple drill holes intersecting long intervals of copper-molybdenum mineralization, including zones exceeding 100 meters in length, as well as several drill holes encountering mineralization beginning near surface. Vanguard stated that recent drilling supports a multiphase intrusive and breccia-hosted porphyry system with a mineralized core, with mineralization remaining open at depth and along strike. "This report represents a major milestone for Vanguard," <a href="https://vanguardminingcorp.com/news/redonda-ni-43-101-technical-report-copper-molybdenum/" target="_blank" rel="noopener">said David Greenway, chief executive officer, in the news release</a>. "We now have independent confirmation of a large-scale copper-molybdenum system at Redonda, supported by both historical and modern drilling." The Redonda project comprises nine mineral claims totaling 2,746.46 hectares on West Redonda Island, approximately 40 kilometers northeast of Campbell River, and is accessible year-round by barge. The company stated that the project is situated within the Coast suture zone between the Wrangellia terrane and the Coast plutonic complex, with mineralization associated with a hornblende porphyry dike and breccia zones. <a href="https://vanguardminingcorp.com/news/vanguard-mining-warrant-exercise-2-54m-capital/" target="_blank" rel="noopener">Separately, Vanguard reported that it generated gross proceeds of $2,540,366 from the exercise of 16,875,116 common share purchase warrants following a warrant expiry acceleration.</a> The exercised warrants included 9,768,000 warrants at an exercise price of $0.10 per share and 7,107,116 warrants at an exercise price of $0.22 per share. The company stated that the accelerated warrants were originally issued in connection with financings completed on February 6, 2025, August 1, 2025, and August 27, 2025, and that the expiry date was accelerated to March 5, 2026. Following the exercise period, 650,000 warrants at $0.10 and 817,466 warrants at $0.22 expired unexercised, with 351,238 warrants remaining outstanding at $0.22 per share expiring February 2027. <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:9b2c1b0e-fa7a-47e4-a48b-20369a4ce6c7-4" data-testid="conversation-turn-8" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="e423cf2b-356a-4b90-bd6c-e2be49b4b3f3" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="86">Copper Sector Reflects Stable Pricing, Cost Pressures, and Emerging Supply Constraints</h2> <a href="https://www.miningvisuals.com/post/copper-market-balance-a-look-at-2026-deficit-forecasts" target="_blank" rel="noopener">According to a March 25 update on the copper market, the International Copper Study Group revised its outlook and "has abandoned its previous surplus projections, now officially forecasting a 150,000 metric ton copper deficit for 2026."</a> The same report noted that J.P. Morgan projected "an even steeper 330,000 metric ton shortfall," with demand driven by hyperscale data centers and ongoing supply challenges. The report also stated that "global production is struggling to keep pace, weighed down by prolonged mine closures and downgraded output guidance from major operations in Chile," highlighting constraints on supply. <a href="https://www.mining.com/web/codelco-sees-war-disruptions-adding-5-to-cost-of-making-copper/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&utm_campaign=fb1bf24e1c-EMAIL_CAMPAIGN_2018_04_10_COPY_01&utm_medium=email&utm_term=0_2d6e7dc0d4-fb1bf24e1c-606677560" target="_blank" rel="noopener">Bloomberg News reported on March 27 that cost pressures were emerging across the copper industry due to geopolitical developments.</a> The report stated that disruptions related to the Middle East conflict were expected to increase production costs by about 5%, with higher diesel prices and more expensive supplies contributing to the increase. Chief financial officer Alejandro Sanhueza said, "We haven’t yet been directly affected by the Middle East situation, but we are exposed to international prices." The same report noted that copper prices had "fallen almost 9% since the war began," reflecting market sensitivity to geopolitical risks, while also stating that "the underlying supply–demand balance remains supportive." A March 28 report from Couloir Capital described short-term pricing stability within the base metals complex, noting that "copper remained broadly stable during the week, edging up 0.2%, indicating resilience despite ongoing concerns around global growth and tighter financial conditions." The report also stated that the broader base metals group remained mixed, suggesting limited conviction among investors, even as supply factors such as zinc tightness and fluctuating demand conditions influenced market performance. <h2 style="text-align: center;" data-start="0" data-end="80">Technical Analyst Cites Uranium Expansion and Chart Breakout in Updated Coverage</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/25/expanding-a-strategic-footprint-as-the-chart-turns-higher.html?utm_medium=feed" target="_blank" rel="noopener">In a February 25 technical analyst opinion, John Newell of John Newell & Associates stated that he believed Vanguard Mining Corp. was a "Speculative Buy."</a> He wrote, "When a junior begins to align operational progress with technical momentum, it deserves a fresh look. That appears to be unfolding now." Newell stated that "Since our last report, the company has strengthened its South American uranium position and secured environmental permits on its Paraguayan projects, marking tangible progress beyond early-stage concept." He added, "Recent news confirms that Vanguard has expanded its uranium footprint in South America while also receiving environmental permits for its Paraguayan projects. This is important." In his technical analysis, Newell wrote that "The updated chart confirms that Vanguard Mining Corp. has completed a significant technical transition." He stated that "Both the CA$0.32 first target and the CA$0.50 second target have now been met." He added that "The breakout through former resistance occurred on expanding volume, a critical confirmation signal that accumulation was underway rather than a short-lived spike." He further wrote that "Momentum indicators remain constructive, and volume expansion during the breakout phase was decisive." Newell outlined additional price targets, stating, "Interim Target: ~CA$0.60 cents," "Third Target: CA$0.90 in play," and "Big Picture Target: CA$1.50." He concluded that "the combination of strategic uranium exposure, copper leverage, and a confirmed technical breakout supports maintaining a Speculative Buy rating at current levels of ~ CA$0.17 cents." </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-start="2560" data-end="2609">Exploration Program and Warrant Activity Timeline</h2> <a href="https://vanguardminingcorp.com/Vanguard_Mining_investor_presentation.pdf" target="_blank" rel="noopener">The NI 43-101 technical report recommends a two-phase exploration program at the Redonda project.</a> Phase 1 includes an induced polarization geophysical survey, detailed mapping, and geochemical sampling to refine drill targets. Phase 2 outlines approximately 2,800 meters of diamond drilling across seven holes to test priority targets and expand mineralization. [OWNERSHIP_CHART-11343] The company also detailed the timeline of its warrant acceleration process. Vanguard exercised its right to accelerate the expiry of certain outstanding warrants previously issued in connection with financings completed in February and August 2025. Notice was provided to warrant holders that the expiry date would be accelerated to March 5, 2026, at 5:00 p.m. PDT. The company reported that the exercise of these warrants resulted in the issuance of 16,875,116 shares and total gross proceeds of $2,540,366, with a portion of warrants expiring unexercised and a remaining balance of warrants outstanding with a February 2027 expiry. <div class="z-0 flex min-h-[46px] justify-start"> <h2 style="text-align: center;">Ownership and Share Structure2</h2> 3.95% of Vanguard Mining is owned by management and insiders. The rest is retail. Vanguard Mining Corp. has 91,822,737 shares outstanding and an estimated market capitalization of approximately US$11.477 million, based on recent trading prices. Shares trade in a 52-week range between US$0.0689 and US$0.49. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> <div class="pointer-events-none h-px w-px absolute bottom-0" aria-hidden="true" data-edge="true"> </div>Important Disclosures:<ol> <li>Vanguard Mining is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Vanguard Mining has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vanguard Mining.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Disclosure for the quote from the John Newell article published on February 25, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 25, 2026), Vanguard Mining has paid Street Smart, an affiliate of Streetwise Reports, US$3,050.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30865"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30865" width="0" height="0"> ( Companies Mentioned: UUU:CSE; UUUFF:OTC; SL51:FWB, ) Wed, 01 Apr 2026 00:00:00 PST Trumped! https://www.streetwisereports.com/article/2026/03/30/trumped.html Source: <a href="https://www.streetwisereports.com/article/2026/03/30/trumped.html?utm_medium=feed">Michael Ballanger 03/30/2026</a> Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, and shares one copper stock on his list.<img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633072246_1.png" alt="" width="624" height="278" /> Judging from the mood of the colour commentators on CNBC on the final trading day of the week and final Friday of the month and quarter, I would say that sentiment has taken a distinct turn for the worse and with it, Wall Street's love affair with their president. The MAGA narrative that has seen perma-bull traders buying every dip imaginable in what is undoubtedly an overpriced market was founded upon the concept that the president, obsessed with stock price performance as a measure of his presidentially stewardship, will always favour stocks over any actions either domestic or foreign that might endanger stocks. Herein lies the genus of the "Taco Trade", as in the "Trump Always Chickens Out" trade. This week, the most powerful man in the Western World tried valiantly to thwart the rampaging oil bulls by first posting on Truth Social last weekend that the U.S. was engaged in "productive talks" with Iran that would lead to a cessation in hostilities. Alas, after a mere single session of panicky oil trade liquidations and even-more-panicky stock market short covering, markets called his bluff after it became apparent that the Iranians have rejected any and all overtures related to a ceasefire and definitely no concessions regarding the Strait of Hormuz. With stocks resuming the downtrend and oil resuming its uptrend, the "Taco Trade" was a definite "fail" as there was nothing Trump could do to arrest the slide in the Mag Seven as they all got summarily trounced going into the last weekly session and approaching month-end. <img class="float_left" src="https://www.theaureport.com/images/auto_up/202633072327_2.jpg" alt="" width="299" height="168" />If you recall the period immediately after Trump was re-elected in 2024, stocks went on an immediate "Make America Great Again" rampage with the DJIA and S&P making record highs and there was nothing the Teflon Don could do wrong until he started reading too many of his own press clippings and started to threaten his allies with tariffs. That was when the markets all started to unravel and when coupled with his efforts (with Elon Musk as attack dog) to cut out all of the effluent from the Washington pork parade, it was all "straight south" for most equities until he woke up in late March and saw that his popularity ratings were dropping like drawers at a frat party. Horrified at the crashing NASDAQ, Trump finally recanted, going full "TACO trade" by rescinding and/or postponing most of the executive orders cancelling government departments and/or tariffs. It then and only then that stocks caught a foothold and staged one of the most breathtaking reversals in history. Last weekend, the President tried it again with those "productive talks" antics on Sunday such that by the time stocks opened last Monday, every business newscast was echoing the phrase "TACO trade" as this historic victory against the Iranian nation was a fait accompli. All week long, he was proposing farm subsidy proposals in photo-op appearances to win back the narrative but by the end of the week, traders has fully lost all hope and faith and scrambled to get portfolios "DE-RISKED" by the weekend. However, of note were a couple of interesting developments. Gold and silver, locked in the same death spiral as stocks since the war began on February 28, decided to decouple from their inverse relationship to oil as well as their perfectly-correlated relationship with stocks and headed north as oil severed its month-long lockstep with equities. The CBOE Volatility Index (VIX:US) closed at 31.05 which is important because spikes in volatility above 30 have historically been a signal to traders that the declines in stocks have been overdone. The S&P/TSX Composite closed up as did the TSX Venture Exchange which was encouraging because the Canadian indices are heavily-weighted in resources, particularly the TSXV so for subscribers to this publication, that news is very good indeed. As I wrote to subscribers in the Friday pre-opening alert: "One caveat to shorting this market is the possibility that the declines in March will force rebalancing of portfolio allocations. Managers adhering to the 60-40 model (60% stocks / 40% bonds) have seen a fairly sharp drop in the 60% portion thanks to the turmoil in the Middle East. As a result, they may need to swap some of the 40% portion now at perhaps 45-50% bonds — for stocks — now at perhaps 50-55% — in order to get back to the model allocations. Some estimates have up to $70 billion of buying lined up by the 60-40 gang as part of this rebalancing. That buying will start next week." <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633072341_3.png" alt="" width="624" height="278" /> While the move in the VIX is not particularly predictive, the decoupling by gold and silver was very predictive because while gold and silver have been used historically as hedges against equity market drawdowns, the action in gold and stocks reeked of deleveraging. Portfolios teetering on the brink of destruction due to excessive leverage used their gold and silver positions to reduce overall leverage in their portfolios so as stocks declined, gold and silver (and the miners) were liquidated to reduce leverage. With gold and silver (and the miners) all rallying today against new 2026 lows in the S&P and NASDAQ, it tells me that equities are ready for a rally, even if it turns out to be your classic "meatball rally" that lures in all the suckers that blew out positions this week. I have been a "closet bear" on U.S stocks and have been punished mercilessly in my dogged insistence that Tesla Inc. (TSLA:NASDAQ) be viewed not as a robotics company or an "AI" company but rather as an "EV" company, as they had been trumpeting all during the rise from $25 back in 2020. In fact, they decided to change the Tesla narrative shortly after Elon was displaced by Oracle Corp. (ORCL:NYSE) Chairman Larry Ellison on September 28th as "the world's richest man". Within weeks, Elon went on a road trip around the world touting the robotics and "AI" transition for TSLA:US which took the stock (and Elon's net worth) to record highs. Fast forward to March 2026 where the "AI" stocks were trashed violently right up until the final bell on the final trading day. With the new TSLA:US narrative now "AI" and robotics, what is the pivot to which Elon turns? Back to electric vehicles where China's BYD is eating their lunch? I remain short TSLA:US via the T-Rex 2X's Inverse Daily Tesla ETF (TSLZ:US) where, despite averaging down in late 2025, I am still underwater by a paltry 3% (after being cyanotic in December down 45%) but I have told friends, colleagues, and subscribers that I will not cover the TSLZ:US position until I see Tesla Inc. trading under $100 per share. Call it emotional; call it irrational; call it "my decision" and may the chips fall where they choose. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633072412_4.png" alt="" width="624" height="375" /> Apologies for getting distracted on failed electric vehicle manufacturers masquerading as "AI" companies, I turned cautiously bullish this week on markets after liquidating most of my energy names and looking for a tradable rally in stocks to commence next week, led not by the same names of last year post-Liberation Day but by the commodity producers including copper, nickel and the precious metals. This will not be the "TACO Trade" because markets no longer trust the statements coming out of the White House. It will be an oversold rally in most sectors but the beginning of the "C-Wave" in the miners, which is typically and historically a show-stopper. As for the precious metals, I have been using the $4,400 level for April gold as my re-test level of support since the $5,200 level but after knifing down through $4,400 during the March 22nd crash to the 200-dma at $4,127 a week ago, it has since recovered back above $4,400. As I wrote earlier in this missive, the cessation of selling pressure on Friday was a surefire indication that once again, gold served its purpose of anchoring portfolios against severe drawdowns which means that the de-leveraging process has largely run its course. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633072438_5.png" alt="" width="624" height="375" /> With the drop to the 200-dma, gold briefly dipped into "oversold" category for a very brief moment which I now view as a "successful re-test" setting us up for a tradable rally and possible long-term bottom. Furthermore, downside risk should be limited to the uptrend line drawn off the October 2023 lows around $1,800 which sits around $3,750. Below that, I will take a ball-and-chain hammer to my forehead and chase my dog into the root cellar, an eventuality I consider highly unlikely. <h2 style="text-align: center;">Copper</h2> Copper has been undergoing a correction not unlike the one we got in both gold, silver, and the broad equity markets but like April gold, May copper stopped on a veritable dime at the 200-dma at $5.24 and has since moved higher. There is always a point where panicky sellers are replaced with opportunistic buyers and that is what the watershed event was on March 22nd. The last of the forced sellers were liquidated and the cash buyers emerged victorious with the one metal whose fundamental are markedly better than any other metal on the board and is now set to advance to test the January high at $6.6415/lb. With great relief verging on a near out-of-body experience of both joy and fulfillment, I bought back the 1,000 share position in the best-run company on the planet — Freeport-McMoRan Inc. (FCX:NYSE) — at $52.30 after being out of it since acting like a rank amateur and selling it in a fit after the Grasberg Mine accident last summer. I also added an initial tranche of the June calls on the expectation that I will see now record all-time highs by then above $70. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633072520_7.png" alt="" width="624" height="472" /> Despite all the furor over the Middle East and Private Credit in the month of March, I was blessed with the unique opportunity of watching all the copper stocks crash as the spectre of a 1973-1974 recession rushed in on the heels of $100 oil. I also added to Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB)whose management group closed a CAD $21 million financing on March 23, the day after copper bottomed. It was an enormous testimonial to that management group that they closed it at $.50 per unit with the stock closing at CAD $.385 that day. Institutional buyers from outside North America cared not about the near-term weakness and instead focused on the near-term production potential that is definitely in the cards for FTZ/FTZFF that involves minimal CAPEX requirements and a deep-pocketed partner, Pucobre S.A. (2nd largest copper producer in Chile behind Codleco). <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633072554_8.png" alt="" width="624" height="570" /> The week ended with headlines all pointing to breakdowns in the bond market with yields rising to levels approaching the death-defying height of 5% for the 30-year and 4.5% for the 10-year (U.S. Treasuries). At the end of the day, the bond markets around the globe are many multiples the size of the global stock markets with the global currency markets dwarfing them both. I watch with morbid fascination when the debate in the court of social media devolves into verbal jousting over "Gold versus Bitcoin" or "AI versus Robotics" or "Stocks versus Bonds" when the real debate should be firmly squared around the topic of DEBT. When "chief investment strategists" at high-profile boutique brokerages write comprehensive articles on why "fiat currencies" are the only system of trade settlement available to the world without mentioning as much as one word about the erosion of purchasing power of the American currency since 1914, it absolutely boggles the mind. Stocks have been declining due to fear over the inflationary impact of $100 oil which explains the reason the bond vigilantes have taken bond yields sharply higher. If rising energy costs are expected to throw the world economy into a recession, it is instructive to examine the reason yields are not declining in sympathy with lower global GDP. The reason is somewhat more insidious than simply "bonds fearing inflation". It revolves not around the idea of one's "return on investment" but rather the "return OF investment, as in one's principal. They estimate that it costs the U.S. government $1 billion per day to fund the current war effort in Iran so with interest payments on debt now exceeding the U.S. defense budget, how much longer can a technically insolvent country maintain its role as global policeman? In order to survive, either the U.S. government must defend the dollar and in order to do that, they will need to attract buyers of their Treasury Bonds. They can do that in only one manner – increase yields – and if they do that the debt servicing costs become unmanageable. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202633072646_9.png" alt="" width="624" height="278" /> If they cannot get buyers for Treasuries, then investors worry about the "return OF investment" and they sell dollars. Either way, the recent rally in the dollar is going to meet a wall of resistance above par creating a potential tailwind for commodities, including copper and oil, with honourable mention to the precious metals. As the year rolls on, investors would be well-advised to carefully watch yields and the dollar as a failure to do so could result in portfolios failing to benefit from the "TACO Trade" but rather impudently pummelled from being "Trump-ed"… <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Tesla Inc. and Fitzroy Minerals Inc. </li> <li>Michael Ballanger: I, or members of my immediate household or family, own securities of: Freeport-McMoRan and Fitzroy Minerals. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Michael Ballanger Disclosures This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30861"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30861" width="0" height="0"> Mon, 30 Mar 2026 00:00:00 PST Royalty Presents Another Hurdle for Barrick https://www.streetwisereports.com/article/2026/03/30/royalty-presents-another-hurdle-for-barrick.html Source: <a href="https://www.streetwisereports.com/article/2026/03/30/royalty-presents-another-hurdle-for-barrick.html?utm_medium=feed">Adrian Day 03/30/2026</a> Global Analyst Adrian Day updates us on developments at a couple of companies on his list.<div data-test-render-count="1"> <div class="group"> <div class="contents"> <div class="group relative relative pb-3" data-is-streaming="false"> <div class="font-claude-response relative leading-[1.65rem] [&_pre>div]:bg-bg-000/50 [&_pre>div]:border-0.5 [&_pre>div]:border-border-400 [&_.ignore-pre-bg>div]:bg-transparent [&_.standard-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.standard-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8 [&_.progressive-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.progressive-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8"> <div> <div class="standard-markdown grid-cols-1 grid [&_>_*]:min-w-0 gap-3 standard-markdown"> Barrick Mining Corp. (ABX:TSX; B:NYSE) had another spanner thrown into its IPO plans when it was revealed that Tech Resources owns a valuable Net Profits Royalty over much of its new Fourmile project (see Bulletin #980). The royalty starts at 10% but increases to 15% after 6 million ounces have been produced. This is clearly a meaningful royalty that affects the economics of the project for the mine owner. The revelation of its existence came after a Canadian reporter reviewed country records. Barrick, however, which originally refused to comment and has still not put out an official release, seemed to dismiss its significance, stating simply that the royalty had been accounted for in its PEA study. But the fact that the market was unaware of this, that Barrick had not mentioned it in its various presentations–in September, at a very small group lunch, I sat through a 90-minute presentation from former CEO Mark Bristow, and nary a word about a royalty was spoken–is very disconcerting, at minimum. One highly respected gold analyst wrote that the company "probably doesn't want (the Teck royalty) to be understood." <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Analysts Reduce Estimates of the Project's Value to Barrick </h2> Following the revelation, analysts rushed to reduce their estimates of Fourmile's value (currently calculated at around 16% of Barrick's NAV). Teck said simply that their royalty, which covers 26 acres in northern Eureka County, includes "a meaningful portion" of Fourmile, but "meaningful" could be quite a range. Barrick now needs clearly to discuss the portion of the ground covered, the proportion of the resource covered, and where it falls in the mining plans. In its study, Barrick called for AISC of between $650 and $750 per ounce, but was using a gold price assumption of $2,585. Clearly, profits would be higher at a higher gold price, and so too would a royalty on profits, suggesting meaningfully higher costs. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Non-Disclosure Is a Significant Problem </h2> The article in Toronto's Globe and Mail suggested that the royalty could wreck Barrick's IPO plans. That may be a step too far. Fourmile is a fabulous discovery and will be very profitable, even with this royalty. Rather than economics, the larger issue is one of disclosure. The fact that the market was unaware of the royalty is troublesome. One wonders if Newmont Corp. (NEM:NYSE; NGT:TSX; NEM:ASX) was aware. It also refused to comment. While the royalty does not disrupt any IPO plans, it suggests the IPO might be less valuable in the market. And there are other concerns that we have discussed, including Newmont's allegations of mismanagement of the joint-venture Nevada mines and diversion of jv assets to Barrick's sold-owned Fourmile (see Bulletins #999 and #997). Barrick, which has dropped 30% since its January peak, is a hold. We are not buyers again until there is greater clarity on the company's IPO and other corporate plans, and issues with jv-partner Newmont have been resolved (or the stock gets stupidly cheap). <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Orogen Cancels Equity Raise, Doesn't Need the Money</h2> Orogen Royalties Inc. (OGN:TSXV; OGNNF:OTC) cancelled its proposed private placement (see Bulletin #1001) after the stock fell following the announcement. CEO Paddy Nicol, noting that the company was well funded to pursue its objective, stated that the cancellation "does not alter the company's exploration and investment strategy." He also noted that the company was pursuing "several acquisition opportunities". Orogen is a strong buy at this level. Top Buys this week, in addition to the above, include Ares Capital Corp. (ARCC:NASDAQ), Lara Exploration Ltd. (LRA:TSX.V), and Metalla Royalty & Streaming Ltd. (MTA:TSX.V; MTA:NYSE American). <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> </div> </div> </div> </div> </div>Important Disclosures:<ol> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Barrick Mining Corp., Orogen Royalties Inc., Lara Exploration Ltd., and Metalla Royalty & Streaming Ltd. </li> <li>Adrian Day: I, or members of my immediate household or family, own securities of: All. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: All. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Adrian Day Disclosures Adrian Day’s Global Analyst is distributed for $990 per year by Investment Consultants International, Ltd., P.O. Box 6644, Annapolis, MD 21401. (410) 224-8885. www.AdrianDayGlobalAnalyst.com. Publisher: Adrian Day. Owner: Investment Consultants International, Ltd. Staff may have positions in securities discussed herein. Adrian Day is also President of Global Strategic Management (GSM), a registered investment advisor, and a separate company from this service. In his capacity as GSM president, Adrian Day may be buying or selling for clients securities recommended herein concurrently, before or after recommendations herein, and may be acting for clients in a manner contrary to recommendations herein. This is not a solicitation for GSM. Views herein are the editor’s opinion and not fact. All information is believed to be correct, but its accuracy cannot be guaranteed. The owner and editor are not responsible for errors and omissions. © 2023. Adrian Day’s Global Analyst. Information and advice herein are intended purely for the subscriber’s own account. Under no circumstances may any part of a Global Analyst e-mail be copied or distributed without prior written permission of the editor. Given the nature of this service, we will pursue any violations aggressively. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30860"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30860" width="0" height="0"> ( Companies Mentioned: ABX:TSX; B:NYSE, OGN:TSXV;OGNNF:OTC, ) Mon, 30 Mar 2026 00:00:00 PST High-Grade Gold Intercepts and Expanding Resource Potential Highlight Major Northern District Drill Campaign https://www.streetwisereports.com/article/2026/03/30/high-grade-gold-intercepts-and-expanding-resource-potential-highlight-major-northern-district-drill-campaign.html Source: <a href="https://www.streetwisereports.com/article/2026/03/30/high-grade-gold-intercepts-and-expanding-resource-potential-highlight-major-northern-district-drill-campaign.html?utm_medium=feed">Streetwise Reports 03/30/2026</a> B2Gold Corp. (BTG:NYSE; BTO:TSX; B2G:NSX) reported high-grade drill results and expanded resource potential from its 2025 Back River Gold District program.B2Gold Corp. (BTG:NYSE; BTO:TSX; B2G:NSX) announced <a href="https://www.b2gold.com/news-media/news-releases/news-details/2026/B2Gold-Announces-Positive-Results-from-its-2025-Exploration-Program-at-the-Back-River-Gold-District-Drill-Results-Confirm-Significant-Resource-Potential-District-Wide/default.aspx" target="_blank" rel="noopener">positive exploration drilling results from its 2025 Back River Gold District exploration program in Nunavut, Canada, according to a company news release dated March 25, 2026</a>. The company stated that results from the program confirm significant resource potential across the district, while also increasing deposit knowledge and supporting resource reclassification and mine planning. At the Goose Mine Llama deposit, infill drilling confirmed the continuity of high-grade gold mineralization sufficient to upgrade portions of the resource previously classified as Inferred. Reported drill results included 41.95 grams per tonne gold over 13.70 meters from 218.25 meters in drill hole 25GSE-702, 17.95 g/t gold over 38.20 meters from 501.10 meters in drill hole 25GSE-715Z1, and 19.74 g/t gold over 18.80 meters from 513.60 meters in drill hole 25GSE-720Z1, among other intersections. The company reported that mining operations are ongoing at the Umwelt deposit, with Llama scheduled as the next deposit to be mined under the current Goose Mine life of mine plan. The existing Indicated Mineral Resource estimate at Llama is reported as 3.04 million tonnes grading 7.72 g/t gold for 760,000 ounces, while the Inferred Mineral Resource estimate is 1.79 million tonnes grading 11.00 g/t gold for 637,000 ounces. At the Nuvuyak deposit, drilling intersected high-grade mineralization 1,000 meters west and down plunge of the Goose Main deposit. Drill hole 25GSE700Z2 returned 6.65 g/t gold over 27.28 meters from 1,017.05 meters. <a href="https://www.b2gold.com/news-media/news-releases/news-details/2026/B2Gold-Announces-Positive-Results-from-its-2025-Exploration-Program-at-the-Back-River-Gold-District-Drill-Results-Confirm-Significant-Resource-Potential-District-Wide/default.aspx" target="_blank" rel="noopener">The company stated in the news release that "results of the drilling program confirm the significant resource potential of the Back River Gold District, increase deposit knowledge, and support resource reclassification and overall mine planning."</a> The drilling extended high-grade mineralization approximately 150 meters to the north-northwest, demonstrating continuity within the deposit. The existing Inferred Mineral Resource at Nuvuyak is 2.63 million tonnes grading 8.26 g/t gold for a total of 700,000 ounces. The 2025 exploration program included a total of 28,599 meters of drilling across 140 diamond drill holes, supported by a total budget of US$32 million. Of this, 19,736 meters across 87 holes were completed at the Goose Mine and near-mine targets, supported by a US$21 million budget, while 8,863 meters across 53 holes were completed on regional targets with a US$11 million budget. The program prioritized tighter drill spacing at Llama to enable resource upgrades, drilling down plunge and in widely spaced areas at Llama, Umwelt, and Nuvuyak, and testing newly identified near-surface and underground targets. Regional exploration drilling at properties including George and Boot returned additional gold intersections. At the George Project, drill hole 25GRL224 returned 10.42 g/t gold over 5.65 meters, while at the Boot Project, drill hole 25BTL049B returned 4.97 g/t gold over 4.40 meters. The company also completed an integrated surface exploration program that included mapping, geophysics, and sampling activities, which generated additional targets for further evaluation and drilling. <h2 style="text-align: center;">Safe-Haven Demand, Price Volatility, and Structural Drivers in Gold Markets</h2> <a href="https://www.mining.com/wells-fargo-doubles-down-on-gold-price-despite-slump/" target="_blank" rel="noopener">A March 29 report from Wells Fargo described the factors influencing gold's performance following recent price declines. </a>The bank's analysts stated that "lower interest rates, central bank buying and geopolitics" had supported the metal's earlier rally, and noted that these drivers provided "structural support for gold that is durable and independent of short-term investment sentiments." The report also quoted Edward Lee as stating that "the prospect for lower short-term interest rates and the potential to hedge against accelerating policy surprises prompt us to raise our 2026 gold target," while projecting prices between US$6,100 and US$6,300 per ounce. <a href="https://www.kitco.com/news/article/2026-03-30/price-gains-gold-silver-renewed-safe-haven-demand" target="_blank" rel="noopener">According to a March 30 report from Kitco News, gold and silver prices moved higher as market participants increased safe-haven buying amid ongoing geopolitical tensions.</a> The report stated that "traders and investors stepped up their safe-haven buying as the war in the Middle East is still running hot," and noted that "downticks in global government bond prices and higher crude oil prices today are also supportive for the two precious metals markets." It also reported that June gold futures were "last up US$44.10 at US$4,568.50." <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-monday-march-30-gold-holds-strong-opening-above-4500-111116970.html" target="_blank" rel="noopener">Yahoo Finance reported on March 30 that gold prices remained elevated despite recent volatility, with June futures opening at US$4,520 per ounce and holding above US$4,500 in early trading.</a> The report noted that "just one week ago, gold retreated to its lowest price of 2026," but added that "today, just seven days later, gold is up nearly 4%." It also stated that "the sustained rise in fuel prices threatens to spark broader inflation in the U.S. and globally," while noting that "higher interest rates reduce demand for gold since the yellow metal does not pay a coupon." <h2 style="text-align: center;" data-start="1070" data-end="1747">Third Party Commentary</h2> Chen Lin of The What's Chen Buying? What's Chen Selling? Newsletter wrote on March 26 that "BTG released spectacular drilling results," and noted that "the share was up even in a down day today." In a February 2026 earnings update, CIBC World Markets stated that "we are increasing our price target to US$7.50 from US$6.50 and maintaining our Neutral rating." The report noted that the updated valuation reflected adjustments to the company's 2026 outlook and asset-level modeling, including "minor fine-tuning to our 2026 outlook" and updates to life-of-mine assumptions. The same February 2026 report indicated that "the company guided to consolidated 2026 production of 820k-970koz," and added that "Goose is expected to deliver 170k-230koz." It also stated that "Goose continues to experience throughput challenges, aiming to hit nameplate in H1/27," and that "the studies are expected to be completed in H1/26." CIBC further wrote that "the company guided to production of 170k-230koz for 2026 at cash operating costs of US$1,610-US$1,810/oz and AISC of US$2,670-US$2,970/oz," while noting that "production is 65% H2/26 weighted as throughput is expected to increase Q/Q as the weather warms in addition to improved grade profile." The report also stated that "we are reiterating our Neutral rating given risk associated with the ramp-up at Goose," and described the company as offering "a combination of a solid balance sheet, attractive all-in costs and solid exploration upside." <h2 style="text-align: center;" data-start="3196" data-end="3276">Operational and Development Milestones at Goose Mine and Back River District</h2> The Goose Mine achieved commercial production on October 2, 2025, with first gold production recorded in 2025, as outlined in the investor presentation. The operation is designed as an open-pit and underground mine with a processing throughput of 1.5 million tonnes per annum and an estimated gold recovery of 92.5 percent. <a href="https://s204.q4cdn.com/324791784/files/doc_presentations/2026/Mar/01/B2Gold-Corp-Pres-March-2026-FINAL.pdf" target="_blank" rel="noopener">The company's investor presentation outlines estimated gold production of approximately 300,000 ounces per year beginning in 2027 and beyond.</a> For 2026, the Goose Mine has a stated gold production guidance range of 170,000 to 230,000 ounces, along with an all-in sustaining cost guidance range of US$2,670 to US$2,970. The Back River Gold District exploration program included 28,599 meters of drilling across 140 holes during 2025, with exploration activities spanning both Goose Mine deposits and regional targets. These activities included 19,735 meters of drilling across 87 holes at Goose Mine targets and 8,863 meters across 53 holes at regional properties. [OWNERSHIP_CHART-819] Exploration results from the Llama deposit, including drill hole 25GSE702 returning 41.95 g/t gold over approximately 13.80 meters and drill hole 25GSE715Z1 returning 17.95 g/t gold over 38.20 meters, were reported as contributing to orebody knowledge and informing further investigation of district-wide targets. At the Nuvuyak deposit, drill results including 6.65 g/t gold over 27.28 meters were reported to demonstrate continuity and extend high-grade mineralization approximately 150 meters to the north-northwest. Regional exploration programs at the Back River Gold District included drilling across properties such as George, Wishbone, Malley, Needle, Del, Boot, Beech, Ailiruk, and Boulder. Results from the George Project, including 10.75 g/t gold over 5.65 meters, were reported as reaffirming the prospectivity of the region. <h2 style="text-align: center;" data-start="4771" data-end="5088">1Ownership and Share Structure</h2> 0.79% of B2Gold is held by management and insiders. Institutions own 70.68%. Of them, Van Eck Associates holds the most with 7.80%. The rest is retail. B2Gold has 1,337.36 million shares outstanding, a market cap of CA$5,670.21 million, and a 52-week range of CA$8.60 - CA$3.62. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of B2Gold.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30858"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30858" width="0" height="0"> ( Companies Mentioned: BTG:NYSE; BTO:TSX; B2G:NSX, ) Mon, 30 Mar 2026 00:00:00 PST Copper and Titanium Mineralization Observed Across Broad Intervals in First Phase of U.S. Drill Program https://www.streetwisereports.com/article/2026/03/30/copper-and-titanium-mineralization-observed-across-broad-intervals-in-first-phase-of-u-s-drill-program.html Source: <a href="https://www.streetwisereports.com/article/2026/03/30/copper-and-titanium-mineralization-observed-across-broad-intervals-in-first-phase-of-u-s-drill-program.html?utm_medium=feed">Streetwise Reports 03/30/2026</a> Green Bridge Metals Corp. (GRBM:CSE; GBMCF:OTC; J48:FWB) reported visual sulphide mineralization across three initial drill holes at its Titac project in Minnesota.<a href="https://www.streetwisereports.com/pub/co/11448?utm_medium=feed" target="_blank" rel="noopener">Green Bridge Metals Corp. (GRBM:CSE; GBMCF:OTC; J48:FWB)</a> reported <a href="https://greenbridgemetals.com/news/green-bridge-metals-reports-visible-copper-sulfide-mineralization-in-initial-2026-titac-drilling-duluth-complex-minnesota" target="_blank" rel="noopener">results from the initial phase of its 2026 diamond core drilling program at the Titac project in northeastern Minnesota, where three drill holes have been completed across the Titac South deposit.</a> The company stated that drilling began in late January 2026 and has so far included holes TS26-002a, TS26-003, and TS26-005, measuring 309 meters, 410 meters, and 477 meters respectively, for a total of 1,196 meters. The work forms part of a planned six-hole fence designed to systematically evaluate copper mineralization across the intrusion. During geological logging, all three holes intersected visually identifiable sulphide mineralization across broad intervals. Chalcopyrite with associated sulphides was observed as disseminations and veinlets over intervals of approximately 100 to 450 meters downhole. Ilmenite, identified as the principal titanium-bearing mineral within the Titac South resource, was observed throughout the intrusion in each hole. The company noted that mineral identifications are based on visual logging and remain subject to laboratory assay confirmation. Samples from completed holes have been prepared for shipment to an independent laboratory, with assay results pending. <a href="https://greenbridgemetals.com/news/green-bridge-metals-reports-visible-copper-sulfide-mineralization-in-initial-2026-titac-drilling-duluth-complex-minnesota" target="_blank" rel="noopener">Ajeet Millard, chief geologist of Green Bridge Metals, said in a company news release</a>, "The visual observations from the first three holes at Titac South are consistent with the geological and geophysical model that guided our targeting. Chalcopyrite-bearing sulphide mineralization has been observed across intervals within the oxide ultramafic intrusion, while pervasive ilmenite remains evident throughout the core." The phase 1 drill program is designed to evaluate copper mineralization within and adjacent to the existing Titac South inferred mineral resource estimate of approximately 46.6 million tonnes at 15 per cent TiO2, as reported in a technical report dated September 18, 2024. The company stated that fence-style drill sections are being used to transect the deposit and better understand geological and structural controls on copper mineralization. Core logging, sampling, and quality assurance and quality control procedures are continuing, with results to be released once received and validated. The company also announced the grant of 2.15 million incentive stock options and 11.9 million restricted share units to directors, officers, and certain consultants under its equity incentive plan. <h2 style="text-align: center;" data-start="0" data-end="78">Critical Minerals Sector Driven by Government Policy and Global Investment</h2> <a href="https://www.mining.com/china-spent-120b-to-lock-down-critical-minerals-dominance-report/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&utm_campaign=3b18a3cb3a-EMAIL_CAMPAIGN_2018_04_10_COPY_01&utm_medium=email&utm_term=0_2d6e7dc0d4-3b18a3cb3a-606677560" target="_blank" rel="noopener">According to a March 22 report from Climate Energy Finance, China had invested more than US$120 billion in overseas mining and upstream processing since 2023</a>, targeting commodities including "lithium, copper, nickel, rare earths and bauxite" that are essential for electric vehicles, renewable power, and industrial decarbonization. The report described this activity as part of a coordinated strategy of "green energy statecraft," noting that China was working to dominate both resource extraction and downstream processing. It also stated that China controlled about 90% of global rare earth refining, roughly 60% of lithium processing, more than 70% of cobalt refining, and over half of global steel production, while producing more than 90% of battery cathode and anode materials. The study added that this vertically integrated system combined mining, processing, and manufacturing to secure supply and influence pricing and availability across critical minerals markets. <a href="https://www.mining.com/web/us-to-commit-250-million-toward-supply-chain-investment-fund/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&utm_campaign=654c14af9c-EMAIL_CAMPAIGN_2018_04_10_COPY_01&utm_medium=email&utm_term=0_2d6e7dc0d4-654c14af9c-606677560" target="_blank" rel="noopener">Bloomberg News reported on March 23 that the United States planned to commit US$250 million toward an investment consortium aimed at strengthening supply chains for energy and critical minerals. </a>Under Secretary of State for Economic Affairs Jacob Helberg stated that the consortium could bring together as much as US$1 trillion in assets under management from sovereign wealth funds and institutional investors. He said a key priority was investments focused on "mineral security, logistics, and likely energy security infrastructure," and described the initiative as a coordinated effort, stating, "We're starting it as a coalition." The report noted that the fund formed part of a broader supply chain alliance designed to increase cooperation on advanced manufacturing and reduce vulnerabilities exposed by recent geopolitical disruptions. <a href="https://stockhead.com.au/resources/asx-explorers-turn-to-canada-as-government-unlocks-critical-minerals-funding/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-03-25-2026&utm_content=httpsstockheadcomauresourcesasxexplorersturntocanadaasgovernmentunlockscriticalmineralsfunding&utm_medium=email&utm_campaign=AM%20NL%20Mar%2026&utm_content=AM%20NL%20Mar%2026+CID_40c11a1ac11b34edd5e896b752cf17bb&utm_source=Campaign%20Monitor&utm_term=ASX%20explorers%20turn%20to%20Canada%20as%20government%20unlocks%20critical%20minerals%20funding" target="_blank" rel="noopener">A March 26 article by Bart Bogacz highlighted that Canada was advancing a series of funding initiatives to support the development of critical minerals projects. </a>The report stated that Canada had identified mining as a key pillar of its economy and national security, and that its strategy included regulatory changes and financial tools to support development. It noted that one initiative, the First and Last Mile Fund, would provide up to CA$1.5 billion in federal support through to 2030 to address infrastructure gaps in mining projects, while a proposed CA$2 billion Critical Minerals Sovereign Fund would enable equity investments, loan guarantees, and supply agreements. The article also cited commentary from industry participants, stating that "there is a real strong sense of urgency within the government to build some resilience in that critical mineral space," reflecting broader efforts to strengthen domestic supply chains and reduce reliance on external sources. <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:dfbf80fa-24e5-4866-bfda-30c7a2b05cd3-4" data-testid="conversation-turn-8" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="03bc0480-5b12-4221-9d9b-438e6ac2f50c" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="67">Analysts Reviewed Asset Strategy and Regional Mineral Potential</h2> <a href="https://www.streetwisereports.com/article/2026/01/02/metals-co-rediscovering-the-iron-range.html?utm_medium=feed" target="_blank" rel="noopener">In a January 2 contributed opinion, Michael Ballanger of GGM Advisory Inc. discussed why he added Green Bridge Metals Corp. to his portfolio toward the end of 2025</a>. Ballanger wrote that his interest followed a Zoom discussion with CEO David Suda, during which Suda outlined the Serpentine Project located in Minnesota's Duluth Mining District. Ballanger described the district as an area with numerous exploration and development activities and called it "one of the most highly prospective regions on the planet." He also referenced the company's exposure to titanium through its South Contact Zone assets, citing a white paper that identified titanium as "a critical mineral by the U.S. Geological Survey (USGS) due to its essential role in economic and national security." He noted that drilling activity at the South Contact Zone was expected to begin later that month, followed by work at the Serpentine Project, and stated a 2026 target price of CA$0.75 and US$0.55. <img class="center_enlarge" style="display: block; margin-left: auto; margin-right: auto;" src="https://www.theaureport.com/images/auto_up/202632983658_202631055305_michaelbuygbm.png" alt="" width="624" height="278" /> <a href="https://www.streetwisereports.com/article/2026/02/09/fait-accompli.html?utm_medium=feed" target="_blank" rel="noopener">In a February 9 contributed opinion, Ballanger again discussed Green Bridge Metals Corp. in the context of junior exploration companies operating in the copper and critical minerals sector. </a>He wrote that "one junior explorer that I own and like a great deal is Green Bridge Metals Corp. (CA$0.32/US$0.23), which is currently drilling their Titac Property that lies within the Duluth Mining District in northeastern Minnesota." Ballanger described the company's project portfolio and regional setting, stating that "four Cu-Ni-Ti-V properties provide district-scale exploration opportunity over a 100 km strike length within 8,460 hectares, which provide opportunities for high-grade massive sulphide and disseminated styles of Cu-Ni ±PGEs mineralization." He also commented that the properties were geologically "de-risked" and situated proximate to the Glencore-Teck Twin Metals Project. Regarding exploration activity, he wrote that the company "is drilling out the Titac in an attempt to expand the inferred titanium resource, a mineral deemed 'critical' by the lawmakers in Washington." He added that "any movement on the political side, and this company gets rerated higher in a New York nanosecond," and reiterated that it was "one junior explorer that I own and like a great deal." <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:dfbf80fa-24e5-4866-bfda-30c7a2b05cd3-13" data-testid="conversation-turn-16" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="11bde98c-4473-4cd7-8b45-7ceab0e875c2" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> In a March 26 contributed opinion, Michael Ballanger of GGM Advisory Inc. again discussed Green Bridge Metals Corp., noting that it had been added to the GGMA coverage list following participation in a November placement at CA$0.09 per unit (CA$0.12 half-warrant) and CA$0.12 (CA$0.15 half-warrant), and that the stock had closed at CA$0.23. Ballanger wrote, "I really like this company and see a bright future for it." He also commented on geological observations from drilling, stating that "the presence of ilmenite in core samples increases the likelihood of a significant titanium component, which is important." He described titanium as "a silver-white transition metal known for being as strong as steel but nearly 45% lighter," adding that it is "valued for its extreme resistance to corrosion and high biocompatibility" and is used in applications including "jet engines, airframes, and spacecraft," as well as "dental implants, joint replacements (hips/knees), and surgical instruments," and in "desalination plants, chemical processing tanks, and marine equipment because it does not rust in saltwater." </div> </div> </div> </div> </div> </div> </section> </div> 1<a href="https://www.streetwisereports.com/article/2026/02/04/a-north-american-critical-minerals-setup-to-watch-as-copper-policy-turns-supportive.html?m_t=2026_02_04_14_28_53&utm_medium=feed" target="_blank" rel="noopener">On February 4, John Newell of John Newell & Associates examined the company in a technical analysis focused on U.S. critical minerals development. </a>Newell wrote that Green Bridge Metals was building a North American project portfolio targeting copper, nickel, titanium, vanadium, and related metals, and stated that the company's approach emphasized advancing projects supported by existing infrastructure and historical geological data. He wrote that its presence in Minnesota was "designed for exactly this kind of moment" as domestic critical minerals policy gained attention. Discussing the Titac Project, Newell wrote that the company had "now commenced diamond core drilling at the TITAC Project in Minnesota, targeting copper mineralization associated with the same intrusive package that already hosts a titanium dioxide resource," and reported that the initial Phase 1 drilling program consisted of "six diamond drill holes, roughly 1,800 metres total." In his conclusion, Newell wrote that Green Bridge Metals "remains a Speculative Buy" and identified the next resistance level near CA$0.40. [OWNERSHIP_CHART-11448] </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-start="2463" data-end="2511">Green Bridge Portfolio and Exploration Activities</h2> <a href="https://gcbnztydhzshluvoimvq.supabase.co/storage/v1/object/public/documents/presentations/1773253599959/GRBM_CorpPres_March2026.pdf" target="_blank" rel="noopener">According to the company's investor presentation</a>, the Titac project is categorized as an exploration-development opportunity focused on titanium, copper and vanadium in Minnesota, United States. The company also lists additional exploration opportunities at the Boulder project and development and exploration activities across other assets including Serpentine, Skibo, Wyman-Siphon, and Chrome Puddy. The presentation also describes exploration potential at Titac, including a Titac East anomaly identified through geophysical similarities and characterized as untested. It notes the presence of titanium and copper mineralization in the core and references the potential for sulphide veins outside the oxide ultramafic intrusion. <h2 style="text-align: center;">Ownership and Share Structure2</h2> Encampment Minerals, a strategic partner and asset vendor, holds approximately 10% of Green Bridge. Four institutional investors collectively own 15% of the float. Management and insiders own a total of 1.14%, including CEO David Suda, who holds 2 million shares. Green Bridge Metals has 196,758,632 shares outstanding and a market capitalization of CA$30 million. The company has a 52-week trading range of CA$0.08-CA$0.26. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Green Bridge is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Green Bridge.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> <ol> <li>Disclosure for the quote from the John Newell article published on February 4, 2026</li> </ol> <ol> <li>For the quoted article (published on February 4, 2026), the Company has paid Street Smart, an affiliate of Streetwise Reports, between US$3,500.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. <ol start="2"> <li>Ownership and Share Structure Information</li> </ol> The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30857"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30857" width="0" height="0"> ( Companies Mentioned: GRBM:CSE;GBMCF:OTC; J48:FWB, ) Mon, 30 Mar 2026 00:00:00 PST Canadian Gold Co. Unlocks High-Grade Gold Potential in Colombia https://www.streetwisereports.com/article/2027/03/27/canadian-gold-co-unlocks-high-grade-gold-potential-in-colombia.html Source: <a href="https://www.streetwisereports.com/article/2027/03/27/canadian-gold-co-unlocks-high-grade-gold-potential-in-colombia.html?utm_medium=feed">Streetwise Reports 03/27/2026</a> Tiger Gold Corp. (TIGR:TSXV) advanced drilling at Colombia's Quinchia project while gaining DTC approval, boosting liquidity, and expanding investor access.Tiger Gold Corp. (TIGR:TSXV) was<a href="https://www.newsfilecorp.com/release/290084" target="_blank" rel="noopener"> listed on the TSX Venture Exchange (TSXV)</a> on March 26, 2026. The day before, <a href="https://www.stockwatch.com/News/Item/Z-C!TIGR-3799126/C/TIGR" target="_blank" rel="noopener">Tiger Gold announced</a> that its common shares had been approved for electronic clearing and settlement in the U.S, approved by the Depository Trust Company (DTC), which deals with publicly traded companies. This approval should help the company's liquidity and stock movement. To gain further liquidity, the company announced on March 25 that it had entered into a market-making agreement with Independent Trading Group, which is based in Toronto, Canada. <a href="https://www.stockwatch.com/News/Item/Z-C!TIGR-3799126/C/TIGR" target="_blank" rel="noopener">Robert Vallis, CEO of Tiger Gold, said</a> on March 25, "Achieving DTC eligibility is a step forward for Tiger and our shareholders, as it simplifies trading for our U.S. investors and expands access to a broader audience. This milestone aligns with our commitment to enhancing liquidity and shareholder value, making it easier and more efficient for investors to participate in the growth of our company." All this came after the company's move to <a href="https://www.stockwatch.com/News/Item/Z-C!TIGR-3796626/C/TIGR" target="_blank" rel="noopener">begin drilling at its Ceibal Target in central Colombia</a> on March 17, 2026. This target is part of the larger Quinchia Gold Project in the Mid-Cauca gold belt. Previous explorations of this site showed long intersections of porphyry-style gold mineralization. This project is only one part of a larger 10,000-meter early drill program run by Tiger Gold. Tiger Gold is a gold exploration and mine development company headquartered in Vancouver, BC, Canada, and is focused on projects in the proven Mid-Cauca belt in Colombia. <h2 style="text-align: center;">The Gold Sector Settles, Rebounds</h2> Early this week, many investors in the gold sector panicked as the metal reached its lowest point in four months. Fears of high inflation due to the U.S.-Iran War and the bull market gold has been experiencing drove the market down. Small market players sold, while <a href="https://stockhead.com.au/resources/gold-digger-is-gold-losing-its-cool/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-03-27-2026&utm_content=httpsstockheadcomauresourcesgolddiggerisgoldlosingitscool&utm_medium=email&utm_campaign=CB%20NL%20Mar%2027&utm_content=CB%20NL%20Mar%2027+CID_cc87ab218a3ffdab2298e86911f5463f&utm_source=Campaign%20Monitor&utm_term=Gold%20Digger%20Is%20gold%20losing%20its%20cool" target="_blank" rel="noopener">whale investors held on</a>. "Gold pulled back toward its rising moving averages this month, working off a bit of overbought pressure after a long, strong winter run," <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/weekly-pan-out-49/" target="_blank" rel="noopener">wrote Jeff Valks of The Gold Advisor</a> on March 27, 2026. "Importantly, the longer-term trend remains intact — and as we've said all along, corrections like this are a normal feature of advancing bull markets, not a sign they're ending." On March 26, <a href="https://aheadoftheherd.com/gold-demand-just-broke-a-record-supply-cant-keep-up/" target="_blank" rel="noopener">Ahead of the Herd reported</a> that, "A Reuters poll of analysts forecasts gold will deliver another record-setting year in 2026, with 95% of surveyed central banks expecting global holdings to rise, the highest share ever recorded. U.S. gold demand doubled to 679 tonnes in 2025, a 140% year-over-year increase, while ETF inflows reached 437 tonnes, pushing holdings to a record US$280 billion in assets under management." <h2 style="text-align: center;">Experts Expect Momentum from Tiger Gold</h2> <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/strong-updates-from-6-stocks-as-volatility-creates-opportunity/#tg" target="_blank" rel="noopener">Analysts, Jeff Clark and Daniel Flynn, of The Gold Advisor rated Tiger Gold a "Buy"</a> in a March 26, 2026, report. They said, "We remain impressed with Tiger's operational pace and efficiency. Our <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/new-stock-pick-this-new-2moz-gold-developer-is-trading-at-a-fraction-of-its-peers-but-with-the-drill-bit-delivering-its-primed-for-a-re-rate/" target="_blank" rel="noopener">investment case</a> has always been underpinned by the company's discount to peers, combined with clear scope to grow scale at Quinchia and drive a re-rating. [The company's project] Tesorito is already delivering strong results and growing in scale. Dos Quebradas offers near-term upside through the validation of its historical 500,000oz gold resource. Now, Ceibal introduces a third meaningful target, expanding the overall discovery potential across the project . . . In a more stable market backdrop, we expect this kind of operational momentum to translate more clearly into share price performance." Also in favor of the stock, Bob Moriarty of 321gold.com shared a quote with Streetwise Reports on March 27, 2026. "Tiger Gold is one of those resource juniors ignored by investors because it is young, only graduating to the TSX-V on the 26th of March. But with a 43-101 resource of 2.09 million ounces of gold in Colombia, with an additional 495,000 gold ounces in a historic resource at another portion, the shares are absurdly underpriced. With an NPV of CA$1.75 billion at US$4600 gold, I expect the market to reconsider the value soon. With a 10,000-meter drill program in progress, look for a steady stream of news flow." [OWNERSHIP_CHART-11516] <h2 style="text-align: center;">Catalysts</h2> <a href="https://tigergoldco.com/wp-content/uploads/2026/01/Tiger-Gold-Presentation-Q1-2026-FINAL.pdf" target="_blank" rel="noopener">Tiger Gold's investor presentation</a> lists upcoming catalysts, such as beginning the Phase 1 drilling program, updating the mineral resources estimate, and gathering ESG initiatives and consultation. The next phase will be to launch the Phase 2 drill programs and await those results, especially to come up with the Testorito mineral resource estimate. If all goes well, the company will proceed to Phase 2 engineering. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Tiger Gold Corp. has a market cap of CA$74.23 million, with 104.18 million shares outstanding. The company's 52-week range is CA$0.11-CA$0.97. 3.02% Management & Insiders own 3.02% of shares, and the remaining 96.98% are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30856"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30856" width="0" height="0"> ( Companies Mentioned: TIGR:TSXV, ) Fri, 27 Mar 2026 00:00:00 PST Contango ORE, Dolly Varden Complete 'Transformative' Merger https://www.streetwisereports.com/article/2026/03/27/contango-ore-dolly-varden-complete-transformative-merger.html Source: <a href="https://www.streetwisereports.com/article/2026/03/27/contango-ore-dolly-varden-complete-transformative-merger.html?utm_medium=feed">Streetwise Reports 03/30/2026</a> Contango ORE Inc (CTGO:NYSEA) and Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE) successfully complete what one expert calls a transformative merger. Contango ORE Inc (CTGO:NYSEA) and <a href="https://www.streetwisereports.com/pub/co/5439?utm_medium=feed" target="_blank" rel="noopener">Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE)</a> have successfully completed their merger, following the necessary approvals from shareholders and the court, <a href="https://dollyvardensilver.com/contango-completes-merger-with-dolly-varden/" target="_blank" rel="noopener">according to a March 26 release</a>. Contango has also initiated the process to list its shares on the Toronto Stock Exchange, pending fulfillment of listing criteria and the exchange's approval. As part of the merger, all outstanding common shares of Dolly Varden were acquired by 1566004 B.C. Ltd. (Acquireco), a wholly owned subsidiary of Contango, through a statutory plan of arrangement. Dolly Varden shareholders received 0.1652 of a Contango common share or, for those eligible and electing, 0.1652 of an exchangeable share in Acquireco, each exchangeable into Contango shares on a one-to-one basis, as per the terms of the arrangement agreement dated December 7, 2025, and amended on February 11. In this transaction, Contango issued approximately 13.7 million new shares and replacement options for around 417,000 shares, while Acquireco issued about 1.6 million exchangeable shares. Post-merger, Contango now has about 30.5 million shares outstanding, excluding the exchangeable shares. Detailed information about the merger can be found in Contango's definitive proxy statement and Dolly Varden's management information circular, available on Contango's website and Dolly Varden's SEDAR+ profile respectively. The newly formed entity, retaining the name Contango Silver & Gold Inc., combines Contango's profitable Manh Choh gold mine and its advanced exploration projects in Alaska with Dolly Varden's high-grade Kitsault Valley silver-gold project in British Columbia. This merger forms a significant North American mid-tier precious metals producer, boasting a rich portfolio of assets from advanced exploration to production stages in Alaska and British Columbia, over US$100 million in combined cash, and minimal debt. Leadership of the merged company includes Chief Executive Officer Rick Van Nieuwenhuyse, President Shawn Khunkhun, and Executive Vice President and Chief Financial Officer Mike Clark, with a board comprising Clynt Nauman as chairman, among others. Van Nieuwenhuyse expressed enthusiasm about the merger, stating, "This merger marks the start of an exciting new chapter." He highlighted the combined entity's strong financial base, significant growth potential, and exceptional exploration prospects. Khunkhun also commented on the merger's benefits, noting, "Contango Silver & Gold offers investors exposure to an emerging North American mid-tier producer focused on high-grade silver and gold assets." Following the merger's finalization, Dolly Varden's shares are <a href="https://www.stockwatch.com/News/Item/Z-C!DV-3799643/C/DV" target="_blank" rel="noopener">set to be delisted from the TSX Venture Exchange and the NYSE American</a>, and the company will soon cease to be a reporting issuer in Canada. <h2 style="text-align: center;">A 'Transformative Move' for the Mining Sector</h2> <a href="https://markets.financialcontent.com/stocks/article/marketminute-2026-3-26-consolidation-in-the-north-contango-ore-and-dolly-varden-silver-complete-landmark-merger-to-create-precious-metals-powerhouse" target="_blank" rel="noopener">A March 26 piece by MarketMinute for FinancialContent.com on March 26</a>, called the merger a "transformative move for the North American mining sector." "The combined entity, rebranded as Contango Silver & Gold Inc., begins its corporate life as a formidable mid-tier producer, boasting a high-grade asset portfolio spanning Alaska and British Columbia," the article noted. "The merger establishes a unique 'hub-and-spoke' platform that combines immediate cash flow from Alaskan gold production with one of the largest undeveloped high-grade silver-gold resources in Western Canada." The financial outlook for the newly formed company is strong, boasting over US$100 million in cash and a modest debt of about US$15 million, MarketMinute noted. This financial health supports a vigorous US$50 million annual exploration budget across its diverse project pipeline. By merging Contango’s profitable Manh Choh mine with Dolly Varden’s extensive silver-gold resources, the company is poised to attract significant institutional investment, offering exposure to precious metals within top-tier jurisdictions. Despite some market volatility influenced by a temporary dip in silver prices earlier in the year, the fundamental value of the merged entity remains solid, the article said. Industry analysts anticipate a significant "catch-up trade" as the new shares integrate into major precious metals indexes. The merger positions the combined company advantageously, allowing it to generate substantial cash flow while minimizing the need for dilutive financing, a common challenge among junior miners. Looking ahead, Contango Silver & Gold Inc. is set to focus on its high-margin "South Pit" at Manh Choh, projecting to drive free cash flow up to US$250 million by 2027. This robust financial base will support ambitious growth plans, including the potential acceleration of the Lucky Shot Project and an aggressive production target aiming for a significant annual output of gold and silver within the next five years. <h2 style="text-align: center;">'No Drama' With Shareholder Vote</h2> In a March 26 updated research note for Cantor Fitzgerald, Analyst Mike Kozak called the result a "modest positive." "The transaction creates a ~$575 million mid-tier North American precious metals focused miner/developer, combining near-term cash flow from Manh Choh with district-scale exploration upside at Kitsault Valley," Kozak noted. "Pro-forma >$100 million in cash and ~$34 million in debt. "We had previously incorporated the DVS merger in our pro-forma CTGO estimates," Kozak wrote. "Based on an unchanged target multiple of 1.75x NAVPS5.0%, we are maintaining our Speculative Buy rating and US$29/share price target on CTGO." Also on March 26, Research Capital Corp. Analyst Stuart McDougall noted the firm would discontinue its coverage of Dolly Varden. "The shares are expected to be delisted after the close, and investors should no longer rely on our recommendation or target price prior to the announced transaction," McDougall wrote. <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/westward-gold-dolly-varden-silver/" target="_blank" rel="noopener">Senior Analyst Jeff Valks from The Gold Advisor discussed</a> the recent shareholder votes concerning the merger between Dolly Varden Silver and Contango. On March 18, Valks remarked, "No drama here. Dolly Varden Silver’s shareholders just voted, 98.78% in favor of merging with Contango ORE. That’s not a close call. That’s everyone nodding at the same time. Contango shareholders also approved it. Two sides, same answer." The merger represents more than just a shareholder agreement; it signifies a strategic consolidation of assets and a unified progression under the Contango banner, often referred to as a "merger of equals," Valks noted. He also took a moment to acknowledge Dolly Varden's significant pre-merger achievements, including notable drill results such as 4.66 grams per tonne (g/t) gold over 48.49 meters and 467 g/t silver over 15.32 meters, which will now enhance Contango's asset portfolio. Describing Contango's market position, Valks noted, "Contango itself sits in an interesting lane — part explorer, part developer, part producer." He mentioned the company's recent inclusion in the GDXJ ETF and its significant stock price increase from US$9/share to a high of US$32.38. With the current trading price at a crucial support line of US$20.50, Valks advised a cautious approach: "Since you’re getting shares through the deal anyway, don’t rush here, see how it behaves before adding more." Both he and Gold Advisor founder Jeff Clark continue to fully weight the stock. In related updates, Haywood Capital Markets revised its financial outlook for precious metals stocks on January 27, raising its gold price forecasts, adjusting foreign exchange rate assumptions, and lowering its Net Asset Value (NAV) multiple from 0.75x to 0.70x. Consequently, Haywood increased its target price for Dolly Varden's shares from CA$11.25 to CA$14.00, maintaining a Buy recommendation. <a href="https://thegoldadvisor.com/silver-stock-investor/newsletters/quality-silver-miners-perform-attractive-silver-plays-9-company-updates/" target="_blank" rel="noopener">Additionally, on February 25, Peter Krauth of The Silver Advisor identified</a> Dolly Varden as offering the "best relative value" among its peers, suggesting the company merits further research and consideration. Krauth encouraged potential investors by stating, "In my view, they are worthy of research and consideration." <h2 style="text-align: center;">The Catalysts: The Ups and Downs of Gold and Silver</h2> The precious metals market is experiencing an unusual twist in 2026, <a href="https://www.fxempire.com/forecasts/article/gold-xauusd-silver-price-forecast-safe-haven-exit-why-gold-is-diving-1587994" target="_blank" rel="noopener">according to a report by Arslan Ali for FX Empire on March 27</a>. Despite typical triggers like escalating global tensions, investors are exiting rather than entering the market. Gold, for instance, has recently plummeted from its early March peak of US$5,200-US$5,400 per ounce, a dramatic rally that was quickly reversed by investors liquidating leveraged ETFs and responding to margin calls, overshadowing any potential safe-haven buying. Concurrently, the U.S. dollar is strengthening, and a hawkish Federal Reserve stance on inflation — fueled ironically by high oil prices — is making investors wary of non-interest-bearing assets. Despite these market reactions, the structural demand for gold remains robust, Ali wrote. Central banks are purchasing gold at rates not seen since the 1960s, and major banks like J.P. Morgan, Deutsche Bank, and UBS are maintaining their 2026 gold price forecasts between $5,400 and $6,300 an ounce. These projections are based on factors such as the trend towards de-dollarization and sovereign fiscal imbalances. Silver's situation is more complex. After a 44% drop from its January 2026 high of US$121.64, silver's dual role as both a store of value and an industrial component in technologies like solar panels, EVs, and semiconductors makes it particularly sensitive to shifts in market sentiment. [OWNERSHIP_CHART-5439][OWNERSHIP_CHART-8181] The widening gold-silver ratio is prompting some analysts to view silver as potentially undervalued, drawing contrarian institutional interest. Despite the recent sell-off, most analysts view this as a temporary setback within a generally bullish trend. However, gold prices saw an uptick in Friday's afternoon trading session, as investors gravitated back towards safe-haven assets amidst ongoing turmoil in the Middle East, <a href="https://uk.finance.yahoo.com/news/gold-and-silver-prices-rise-with-eyes-on-central-banks-and-iran-war-152817508.html" target="_blank" rel="noopener">according to a report by Lucy Harley-McKeown for Yahoo! Finance on March 27</a>. This shift towards risk aversion was reflected in the downturn of US stock indices and the FTSE 100, which faltered as expectations of interest rate hikes increased due to the prolonged conflict in the region. The standoff continues between US President Donald Trump and Iranian authorities, fueling uncertainty. Earlier in the week, precious metals and mining stocks had faltered under challenging market conditions, but they rebounded on Friday. By the afternoon, gold futures had climbed 1.8% to approximately US$4,490 per troy ounce, and spot gold increased by 2.9% to US$4,494 an ounce. Silver also experienced a rise, increasing by 1.9% to US$69.20. Susannah Streeter, chief investment strategist at Wealth Club, commented on the market dynamics, stating, "The surprise fall in precious metals prices has dragged down the mining sector. During previous eras of high geopolitical tensions, gold and silver have been sought out as safe havens. But the volatile moves we have seen in markets have upended norms, pushing down mining stocks." <h2 style="text-align: center;">Ownership and Share Structure1</h2> Institutional investors own about 52% of Dolly Varden, which was expected to be delisted on the TSX Venture exchange on Friday. Among them, Hecla Mining Co. (HL:NYSE) holds 13%, Fury Gold Mines Ltd. (FURY-T) owns 12%, and Eric Sprott holds 9%, as of the company's October 2025 investor presentation. The remainder is held by retail investors. Dolly Varden has 91.91 million outstanding shares, and its market cap is CA$350.48 million. Its 52-week range is CA$3.21–CA$8.09 per share. About 20% of Contango ORE is held by insiders, about 26% by institutions, and the rest, 54%, is retail. Top shareholders include Franklin Investors Inc. with 2.49%, John P. Juneau with 2.28%, The Vanguard Group Inc. with 2.2%, Kenneth R. Peak Marital Trust with 2.19%, and BlackRock Institutional Trust Co. with 2.05%. Its market cap is US$280.75 million with 16.82 million shares outstanding. It trades in a 52-week range of US$9.22 and US$34.38. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Dolly Varden Silver Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Dolly Varden Silver Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30855"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30855" width="0" height="0"> ( Companies Mentioned: CTGO:NYSEA, DV:TSX.V; DVS:NYSEA;DVQ:FSE, ) Mon, 30 Mar 2026 00:00:00 PST Gold's Perfect Storm https://www.streetwisereports.com/article/2026/03/26/golds-perfect-storm.html Source: <a href="https://www.streetwisereports.com/article/2026/03/26/golds-perfect-storm.html?utm_medium=feed">Ron Struthers 03/27/2026</a> Ron Struthers of Struthers Resource Stock Report shares his thoughts on the gold market. Struthers also takes a look at one stock he believes is a Buy.I have heard all kinds of reasons why gold has gone down. I have even heard of some bulls turning bearish. I think a big issue is, just like many did not understand why gold went up, they don't get why it went down. <ul> <li>First off, before it went down, it went up too high;</li> <li>Despite the hoopla of gold's decline, it only gave up January's increase;</li> <li>The S&P 500 gave up 6 months of increase;</li> <li>BoA reported Fund Managers cash position in January was lowest in history at 3.2%;</li> <li>If Funds wanted cash for margin, to buy oil stocks, gold had the liquidity while stocks and bonds were going south;</li> <li>Some gulf countries with no oil revenue had to sell some gold;</li> <li>Margin debt was at record levels so when the calls came in, some sold gold;</li> <li>There is still lots of short positions by the Casino owners so they helped push gold down to cover lower. That is why the big declines at 1 and 2AM;</li> <li>Weak and jittery hands added to the selling.</li> </ul> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202632763656_1.png" alt="" width="1000" height="559" /> The chart gave us a perfect technical bottom and reversal. It was a retest of the late January bottom and at a support area. We also got the strongest reversal pattern I know, a morning doji star reversal. We had several down red candles, the doji (indecision) yesterday, and this morning, the up green candle. The bottom a close hammer candle stick was also on high volume. Remember, this was a sell-off in paper markets, Comex, and ETFs. The retail investors that piled in at the top in ETFs, panicked and sold. Veteran gold expert <a href="https://vongreyerz.gold/golds-biggest-fire-sale-in-43-years-perception-vs-opportunity" target="_blank" rel="noopener">Von Greyerz said it nicely</a> — the physical whales were gobbling up the retail minnows. Also, be sure to check out<a href="https://playstocks.net/gold/" target="_blank" rel="noopener"> the PlayStocks gold pages.</a> They are getting attention. Many argued that if gold is a safe-haven asset, it should have gone up. As I pointed out, it went down when the Ukraine war started before reversing months later to record highs. The market is pricing in a short war, a quick U.S. victory, so what is the need for a safe-haven asset? This war is just a short-term blip. As you know, I believe otherwise and when the market finally realizes what is going on and stops being fooled by propaganda, the scramble for gold will be on. The main thing driving the gold bull market is a loss of faith in the US$ and fiat currencies. This extra wartime spending is only going to add to the debt and the U.S.'s inability to cover the deficit. When the money printing taps get opened up, and they will have no choice, it will be more scrambling for gold. With renewed Central Bank interest and higher price, gold has become the most liquid market by leaps and bounds,significantly beating out U.S. Treasuries. This data at Dec., 31, 2025 <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202632763729_2.png" alt="" width="1000" height="368" /> Funds have no cash cushion and had to sell gold to raise cash. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202632763755_3.png" alt="" width="1000" height="728" /> Margin debt was at record levels, setting up retail investors for the slaughterhouse. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202632763827_4.png" alt="" width="1000" height="379" /> Canadians also went on a margin party with the steepest rise in history. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202632763851_5.png" alt="" width="1000" height="748" /> The bearish narrative in the gold market was about as bad as it gets, but most of it was inaccurate analysis. We should not focus on where gold is, but where it is going. That is a lot higher as the long-term bull trend is intact, and I maintain my $6,600 target for 2026. Wayne Gretzky was perhaps the greatest hockey player of all time. It was not because he knew what was happening on the ice; it was because he knew what was going to happen! If Gretzky were a gold investor, he would be buying gold now. Central Banks see this for what it is, the best buying opportunity in a year. I believe one of the best junior gold producers to buy in this correction is Heliostar. They have a unique and very lucrative business model in the current gold environment. <h2 style="text-align: center;">Heliostar Metals </h2> Recent Price – CA$2.16 Entry Price -CA$2.86 Opinion – Buy, average down to $2.50 We first bought Heliostar Metals Ltd. (HSTR:TSX.V; HSTXF:OTC; RGG1:FRA) in late February after gold corrected, but the correction went on longer for the gold stocks that fell further. Heliostar broke through a support level around $2.50, and the stock corrected further than most. From its $3.30 peak, it dropped about -50% before a recovery started. This is a great buying opportunity. Heliostar has bought past-producing low-grade mines and restarted production. A few years back, gold was under $2,000, and costs rose with inflation, so mining companies stopped putting investment in some low-grade mines, let reserves dwindle out, and production stopped. There was just not enough margin at $2,000 and lower gold prices from some low-grade mines. Heliostar first bought the old Argonaut Gold Mexican mine portfolio for a measly US$5 million in 2024 before the gold price lifted off. You will never get a deal like that again in this gold market. You can <a href="https://playstocks.net/wp-content/uploads/2026/02/V32-5.0-Heliostar.pdf" target="_blank" rel="noopener">read our original report for the details</a>. They are producing at La Colorado, Mexico, and have extended the mine life for another 6 years. The 2nd producer is their San Agustin Mine, Mexico, and recent drilling looks certain to extend mine life with similar grades they are currently mining. Those results were highlighted in our March 18th update The 3rd mine is the Ana Paula, scheduled to start production in 2028 They now have incredible margins at over $4.000 gold and current gold prices. They have 9 drill rigs running across their projects, so there will be lots of drill news. Production was 34,098 ounces in 2025 and should increase by about 60% in 2026. They are using cash flow from production to expand, and currently have about $40 million in cash. Now, on March 23, they announced their latest acquisition, Goldstrike in Utah. It has almost 1 million indicated ounces, so they are acquiring this for about US$75 an ounce for an advanced project. A good deal in today's gold market. Highlights <ul> <li>Goldstrike contains an indicated mineral resource of 975,000 ounces of gold grading 0.46 grams per tonne;</li> <li>Initial purchase price of $10-million (U.S.) in cash plus $2.5-million (U.S.) in Heliostar shares on closing, plus additional milestone payments totalling $60-million (U.S.) in cash over a maximum of five years;</li> <li>Historic past producer with infrastructure including road access, proximity to a population centre, and a power line within eight kilometres of the property;</li> <li>Outcropping, undrilled, high-grade antimony samples and historic antimony production provide critical mineral potential.</li> </ul> Project details The Goldstrike is located in the Bull Valley Mountains in Washington County, approximately 50 kilometres northwest of St. George in southwestern Utah. The property area totals 5,173 hectares and is accessible year-round via paved and all-weather roads. Open-pit mining and cyanide heap-leach processing took place on site from 1988 to 1996. A total of approximately 209,000 ounces of gold and 198,000 ounces of silver were produced during these operations from approximately eight million tons (7.26 million tonnes) of ore mined from 11 open pits. Drilling at the project includes 1,389 holes (87,020 metres) drilled by historical operators and 2,375 holes for 217,394 m drilled by Liberty from late 2015 through 2022. The data includes 77 core holes and 23 sonic holes, with the remainder being reverse circulation (RC) holes. This project will take some work to move to production with more drilling and a feasibility study. It could come into production after Ana Paula. You can get much more detail about how the company has done and their plans with this <a href="https://www.youtube.com/watch?v=CZ705a7HEQo" target="_blank" rel="noopener">recent management webinar.</a> <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Heliostar Metals.</li> <li>Ron Struthers: I, or members of my immediate household or family, own securities of: None. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Struthers Resource Stock Report Disclosures All forecasts and recommendations are based on opinion. Markets change direction with consensus beliefs, which may change at any time and without notice. The author/publisher of this publication has taken every precaution to provide the most accurate information possible. The information & data were obtained from sources believed to be reliable, but because the information & data source are beyond the author's control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Because of the ever-changing nature of information & statistics the author/publisher strongly encourages the reader to communicate directly with the company and/or with their personal investment adviser to obtain up to date information. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. The author/publisher may or may not have a position in the securities and/or options relating thereto, & may make purchases and/or sales of these securities relating thereto from time to time in the open market or otherwise. Neither the information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. The author/publisher of this letter is not a qualified financial adviser & is not acting as such in this publication. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30850"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30850" width="0" height="0"> ( Companies Mentioned: HSTR:TSX.V; HSTXF:OTC; RGG1:FRA, ) Fri, 27 Mar 2026 00:00:00 PST Buried Data From 11 Targets Set for Reanalysis in High-Priority Antimony-Gold Zone https://www.streetwisereports.com/article/2026/03/27/buried-data-from-11-targets-set-for-reanalysis-in-high-priority-antimony-gold-zone.html Source: <a href="https://www.streetwisereports.com/article/2026/03/27/buried-data-from-11-targets-set-for-reanalysis-in-high-priority-antimony-gold-zone.html?utm_medium=feed">Streetwise Reports 03/27/2026</a> Armory Mining Corp. (ARMY:CSE; RMRYF:OTC; J2S:FRA) has acquired historical geophysical data from its Riley Creek project and is applying modern analysis techniques.<a href="https://www.streetwisereports.com/pub/co/11239?utm_medium=feed" target="_blank" rel="noopener">Armory Mining Corp. (ARMY:CSE; RMRYF:OTC; J2S:FRA)</a> announced <a href="https://www.armorymining.com/20260325-armory-mining-acquires-geological-data-for-the-riley-creek-antimony-gold-project-british-columbia" target="_blank" rel="noopener">that it has acquired historical geological data for its Riley Creek antimony-gold project in British Columbia and plans to conduct a detailed analysis using modern interpretation methods and advanced software</a>. The company stated that it anticipates commencing the data review immediately and intends to begin its previously stated work within the next 90 days. The acquired dataset includes results from a 1995 airborne geophysical survey conducted by Dighem, which incorporated magnetometer, electromagnetic, and radiometric data. The survey covered approximately 575 line kilometres using east-west-oriented flight lines spaced at 100-meter intervals. According to the original 1997 interpretation, the survey identified 11 areas of interest based on geophysical anomalies and structural complexity, including multiple fault systems, potential intrusive contacts, radiometric anomalies, and electromagnetic conductors that warranted follow-up ground evaluation. Armory stated that it plans to digitize and analyze the complete dataset using current processing algorithms and interpretation techniques that were not available at the time of the original survey. The company noted that advances in geophysical software allow for enhanced data filtering, three-dimensional modelling, and integration of multiple datasets. "By applying modern processing techniques to this high-quality dataset, we believe it will yield valuable insights and assist us in identifying priority drill targets. This work will help to improve our understanding of the structural controls on antimony mineralization in this highly prospective area," <a href="https://www.armorymining.com/20260325-armory-mining-acquires-geological-data-for-the-riley-creek-antimony-gold-project-british-columbia" target="_blank" rel="noopener">said Alex Klenman, Chief Executive Officer, in a company news release.</a> The Riley Creek project is located on Graham Island in the Queen Charlotte Islands, British Columbia, and is accessible year-round via logging roads. The regional geology includes Jurassic Yakoun Formation sedimentary rocks, Tertiary Masset Formation volcanic flows and pyroclastics, and Tertiary plutonic intrusions of the Kano suite. The company also stated that the technical content of the news release was reviewed and approved by a qualified person, and that historical information provided has not been verified and is being treated as historic. <h2 style="text-align: center;" data-start="0" data-end="76">Antimony Supply Dynamics and Precious Metals Positioning</h2> <a href="https://www.bnnbloomberg.ca/investing/market-outlook/2026/03/24/market-outlook-commodities-and-gold-seen-as-key-hedges-against-inflation-surge/" target="_blank" rel="noopener">In the precious metals market, BNN Bloomberg reported on March 24 that commodities and metals had drawn renewed attention amid inflation and geopolitical pressures</a>. According to Mike Philbrick, CEO of Resolve Asset Management, "broad commodities can help with inflation and geopolitical shocks, and gold remains a classic monetary hedge and portfolio stabilizer." He stated that "gold remains a classic hedge against monetary instability, geopolitical stress and declining confidence in policy frameworks," and added that commodities provided "direct exposure to rising input costs, supply disruptions and geopolitical stress." Philbrick also noted that changing macroeconomic conditions had influenced portfolio strategies, stating that "that leaves gold as a key diversifier" as traditional stock and bond correlations shifted. The report further stated that commodities could play a role in diversification as inflation and geopolitical developments affected market behavior. <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/prince-silver-cabral-gold-american-pacific/" target="_blank" rel="noopener">On March 25, commentary from Gold Advisor discussed ongoing volatility in gold markets</a>, noting price movements within a short period. Jeff Valks, Senior Analyst, wrote that "price action like this usually means one of two things: it's a holding period or it's a buying period," while also stating that "the fundamentals haven't changed." <a href="https://stockhead.com.au/resources/why-antimony-remains-the-most-critical-mineral/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-03-25-2026&utm_content=httpsstockheadcomauresourceswhyantimonyremainsthemostcriticalmineral&utm_medium=email&utm_campaign=AM%20NL%20Mar%2026&utm_content=AM%20NL%20Mar%2026+CID_40c11a1ac11b34edd5e896b752cf17bb&utm_source=Campaign%20Monitor&utm_term=Why%20antimony%20remains%20the%20most%20critical%20mineral" target="_blank" rel="noopener">A March 26 report from Mining stated that antimony remained a central focus for Western government</a>s, particularly the United States, due to its role in strategic applications. The publication wrote that antimony had been described by BMO Capital Markets as the "most critical" metal, citing its importance in defence and security-related uses. According to BMO Capital Markets analysts George Heppell and Helen Amos, "antimony is a strategically vital input for military and defence applications where substitution is undesirable or impossible." The same report noted that global supply was highly concentrated, with China, Myanmar, Tajikistan and Russia accounting for most production. Heppell and Amos stated that "collectively, these countries represent the vast majority of global mine supply," highlighting exposure to export controls and geopolitical risks. They also said that "from a strategic perspective, reliance on such sources does little to improve supply security for Western consumers." Mining also reported that antimony prices had risen from US$13,500 per tonne in April 2024 to a peak of US$59,700 per tonne in mid-2025 following export controls, before moderating to around US$25,000 per tonne. BMO Capital Markets stated that recent price movements had been influenced by increased artisanal supply and substitution trends, noting that "while substitution and artisanal supply growth have alleviated near-term shortages, they do not address the deeper structural risks embedded in antimony's defence relevance, geographic concentration, and downstream processing bottlenecks." <h2 style="text-align: center;" data-start="2315" data-end="2384">Exploration Programs and Planned Work Streams Across Key Projects</h2> Armory Mining outlined multiple exploration activities and work programs across its portfolio, including Riley Creek and the Ammo antimony-gold project in Nova Scotia, <a href="https://www.armorymining.com/assets/pdf/presentations/ARMY_Presentation.pdf" target="_blank" rel="noopener">as described in its corporate presentation.</a> At Riley Creek, the company plans to digitize and reprocess the full 1995 DIGHEM airborne dataset using modern software. The program includes enhanced filtering, three-dimensional modelling, and integrated analysis aimed at refining geological understanding and supporting future drill targeting. The historical survey, which covered 575 line kilometres at 100-meter spacing, previously identified eleven geophysical target areas associated with fault systems, intrusive contacts, radiometric anomalies, and electromagnetic conductors. [OWNERSHIP_CHART-11239] At the Ammo property in Nova Scotia, Armory outlined a phased exploration program planned for 2025. Phase one will consist of prospecting and reconnaissance activities to identify favorable geology. This will be followed by detailed surface sampling and geophysical surveys designed to assist in determining priority drill targets. The company stated that it plans to allocate up to $500,000 CDN for the initial phase of exploration and noted that planning is underway, with additional details expected to be provided in the coming weeks. The Ammo property spans 3,092 hectares surrounding the historic West Gore antimony-gold mine and is positioned near a past-producing operation. The company stated that its exploration program aims to leverage historical data alongside modern exploration techniques to identify new high-grade targets across the property. Across its broader portfolio, Armory Mining is engaged in exploration programs targeting uranium, gold, and precious metals, with drilling activities planned as part of its ongoing work programs. <h2 style="text-align: center;">Ownership and Share Structure 1</h2> 0.65% of Armory Mining is held by management and insiders. The rest is retail. <div class="flex flex-col text-sm pb-25"> <article class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" tabindex="-1" data-turn-id="request-WEB:21a654f6-a9e4-4a53-b81d-f211ad7aee61-69" data-testid="conversation-turn-12" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" tabindex="-1"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&]:mt-1" dir="auto" data-message-author-role="assistant" data-message-id="aa72305d-8d41-4662-a294-1cffcf88d274" data-message-model-slug="gpt-5-3"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> As of March 27, Armory Mining Corp. had approximately 69.9 million shares outstanding and a market capitalization of about CA$2.45 million. The company's 52-week trading range was approximately CA$0.03 to CA$0.17. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> </div> </div> </div> </div> </article> </div>Important Disclosures:<ol> <li>Armory Mining Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Armory Mining Corp. </li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30847"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30847" width="0" height="0"> ( Companies Mentioned: ARMY:CSE; RMRYF:OTC; J2S:FRA, ) Fri, 27 Mar 2026 00:00:00 PST Gold Explorer Discovers Excellent Mineralization Near Border With Osisko https://www.streetwisereports.com/article/2026/03/27/gold-explorer-discovers-excellent-mineralization-near-border-with-osisko.html Source: <a href="https://www.streetwisereports.com/article/2026/03/27/gold-explorer-discovers-excellent-mineralization-near-border-with-osisko.html?utm_medium=feed">Streetwise Reports 03/27/2026</a> Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE) updates on its drilling. Its early results are "turning heads," an expert says. <a href="https://www.streetwisereports.com/pub/co/11131?utm_medium=feed" target="_blank" rel="noopener">Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE)</a> announced the completion of drill hole QGQ25-28 to a total depth of 754.69 meters that concluded in mineralization approximately 12 meters from the claim boundary with Osisko Development Corp. (ODV:TSX.V), <a href="https://goldencariboo.com/news/qgq25-28-drill-results-golden-cariboo-stepout/" target="_blank" rel="noopener">according to a March 25 release</a>. This drilling activity took place at the company's Quesnelle Gold Quartz Mine Property, situated about 4 kilometers northeast of Hixon and 50 kilometers southeast of Prince George, British Columbia. Notably, the termination point of drill hole QGQ25-28 is roughly 283 meters further than the endpoint of drill hole QGQ25-25, which also concluded in mineralization, the company said. "QGQ25-28 appears to be a strong step-out hole, drilled to 754 meters, that continued to encounter the same alteration and mineralization we've been seeing and ultimately ended in mineralization just 12 meters from the Osisko Development claim boundary," President and Chief Executive Officer Frank Callaghan said. "The extension beyond QGQ25-25 and still finishing in mineralization supports the potential for a robust system. We are now looking forward to the assays as we continue to test the extent and continuity of the system. Additionally, we are looking to bolster our land package in preparation for future work on our regional targets and test the northern portions of the Spanish and Eureka thrust faults." Accompanying this announcement, the company has provided a photograph displaying the final four core boxes from drill hole QGQ25-28 (at left), which exhibit characteristics such as veining, silicification, and disseminated pyrite mineralization. The results of the assays are currently pending. In a strategic move to expand its operational scope, Golden Cariboo Resources said it has also filed an application to register an additional 1,283.59 hectares within and adjacent to its existing 94,899 hectares. <h2 style="text-align: center;">Expanding the Halo Zone</h2> <a href="https://www.streetwisereports.com/article/2026/03/18/gold-explorer-expands-claims-at-quesnelle-in-british-columbia.html?utm_medium=feed" target="_blank" rel="noopener">Earlier in March, the company expanded its portfolio</a> by acquiring 13 cells of placer claims in the newly acquired Halo zone, covering a total of 250 hectares, as detailed in a March 17 announcement. Golden Cariboo successfully secured 100% of the placer rights for these claims with a transaction valued at CA$60,000. Concurrently, Golden Cariboo's drilling operations at Quesnelle are strategically positioned northwest of Halo. Earlier in the month, on March 1, Golden Cariboo took a significant step forward by announcing its intention to commission a National Instrument 43-101 Mineral Resource Estimate (MRE) for Quesnelle to evaluate the Halo and Main zones by incorporating data from the company's initial 28 NQ-sized surface diamond drill holes, along with up to nine historical drill holes. "Commissioning an independent resource estimate at this stage reflects the strength and consistency of the drilling results we have generated to date," Callaghan said at the time. He added that the comprehensive data collected thus far provides the management team with the confidence needed to proceed with a formal NI 43-101 resource estimation, marking a significant step in the systematic development of the property. Golden Cariboo also highlighted that initiating a mineral resource estimate at such an early stage in the exploration process is unusual. However, the consistent and positive results from the Halo and Main zones have justified this independent technical assessment at this time. <h2 style="text-align: center;">Early Results Are 'Turning Heads'</h2> <a href="https://thedeepdive.ca/back-to-the-cariboo-gold-rush-history-meets-modern-discovery-golden-caribou/" target="_blank" rel="noopener">In a recent analysis by Jay Lutz of The Deep Dive, dated February 10</a>, Golden Cariboo was spotlighted for its dynamic drilling operations in the historic Cariboo Gold District. This area, closely linked to the famed gold rush sparked by Billy Barker, is currently the focal point of Golden Cariboo's intensive exploration efforts. Lutz remarked, "After nearly a decade in retirement, Frank (Callaghan) is back, leading Golden Cariboo's exploration at the Halo Zone — and the early results are turning heads: 136.5 meters of 1.46 g/t Au, long intercepts across multiple zones, and consistent mineralization across every hole drilled." Lutz also highlighted the company's modest market capitalization of CA$5 million (which has since increased to CA$9.65 million), drawing a comparison to its more prominent neighbors in the region, such as Artemis and Osisko, who are actively developing their projects. He posed a thought-provoking question, "But with infrastructure, access, and geology all in its favor, could this be the next early-stage name to rewrite the future of this storied district?" Additionally, <a href="https://www.streetwisereports.com/article/2025/12/08/gold-co-kicks-off-fall-drilling-in-bc-mining-district.html?utm_medium=feed" target="_blank" rel="noopener">a detailed analysis by Couloir Capital, led by Analyst Ron Wortel</a>, focused on Golden Cariboo's ongoing exploration campaign at the Quesnelle property. This campaign is strategically designed to enlarge the footprint of known gold-bearing zones and pinpoint new drill-ready targets. The outcomes of this exploration are pivotal in setting future drilling priorities and will significantly influence the reevaluation of the project's long-term development potential. At the time of the report, shares of Golden Cariboo were trading at approximately CA$0.05 each, indicating a notable undervaluation when compared to industry counterparts. Despite this, the company shows considerable promise for scalability at its Halo zone and other potential areas within the Quesnelle property, Wortel said. Couloir Capital has assigned a fair value target price of CA$0.40 per share for Golden Cariboo, suggesting a potential upside of 700%. Based on these assessments, Couloir Capital has recommended Golden Cariboo as a Buy. <h2 style="text-align: center;">The Catalyst: War Tempers Gold's Bull Market</h2> After a period of significant volatility in the first quarter of 2026, gold prices are beginning to stabilize and are expected to resume their upward trajectory, according to industry experts, <a href="https://www.jckonline.com/editorial-article/analysts-gold-prices/" target="_blank" rel="noopener">as reported by Karen Dybis for JCK on March 26</a>. Despite the optimism following a record-breaking 65% return in 2025, expectations for gold to reach US$6,000 were tempered by the onset of the U.S.-Iran conflict, Dybis wrote. On Monday, gold hit its lowest price of the year at US$4,278, a stark contrast to its all-time high of US$5,594.82 on January 29. David N. Meger, director of metals trading at High Ridge Futures in Chicago, expressed confidence in gold's recovery, noting that gold often undergoes a significant pullback before regaining strength, according to the article. "Many times, before gold steps up and regains its footing, it goes through a long liquidation or pullback phase. That is what we have just experienced," Meger stated. He also serves as the manager of Brinkman Global Metals. Meger pointed out that rising energy prices have led to pessimism among Federal Reserve observers, who anticipate that the Fed is less likely to cut interest rates — a scenario where gold typically struggles. "The recent sell-off has been a momentum-driven long liquidation driven largely by expectations of rising interest rates," he explained. Despite gold's reputation as an inflation hedge and safe haven, it has found it challenging to capitalize on these attributes in the current high-interest-rate environment. Looking ahead, Meger suggested that a slower U.S. economy and lower GDP forecasts might prompt the Fed to adopt a more dovish stance, potentially leading to lower interest rates, which would benefit gold. Despite the current market conditions, at least one optimistic forecast from Frank Nikolic of CRU Group suggests that gold prices might still approach US$6,000 next year before stabilizing. As of Thursday, gold was trading around US$4,450.[OWNERSHIP_CHART-11131] <a href="https://theconversation.com/gold-is-meant-to-be-a-safe-haven-in-uncertain-times-why-is-it-crashing-amid-a-war-279095" target="_blank" rel="noopener">Rand Low, reporting for The Conversation on March 25, noted</a> that while gold has traditionally been considered a financial "safe haven" during turbulent times, its recent performance has been more volatile, resembling a roller coaster rather than a stable sanctuary. At the end of January, gold prices soared to a record high of nearly US$5,600 per ounce, nearly doubling its value from the previous year. However, since reaching that peak, it has lost about 20% of its value, particularly as the conflict in the Middle East intensified. Despite this recent decline, gold's price is still significantly higher than a decade ago, showing an increase of nearly 300%. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Two insiders own 9.13% of Golden Cariboo. They include president and CEO Frank Callaghan, who is the largest shareholder overall with 9.01%. Laurence Smoliak owns 0.12%. The rest is in retail. There are no institutional investors at this time. The Canadian explorer has 106.86 million outstanding shares, and 97.1 million free float traded shares. Its market cap is CA$9.65 million. Its 52-week range is CA$0.04–CA$0.13 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Golden Cariboo Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Golden Cariboo Resources Ltd. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Golden Cariboo Resources Ltd.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30846"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30846" width="0" height="0"> ( Companies Mentioned: GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE, ) Fri, 27 Mar 2026 00:00:00 PST Gold Developer Advances Project With Regulatory Milestone in Tanzania https://www.streetwisereports.com/article/2025/03/26/gold-developer-advances-project-with-regulatory-milestone-in-tanzania.html Source: <a href="https://www.streetwisereports.com/article/2025/03/26/gold-developer-advances-project-with-regulatory-milestone-in-tanzania.html?utm_medium=feed">Streetwise Reports 03/26/2026</a> Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE) updates on recent discussions with officials in Africa. An analyst says it just reached a milestone.<a href="https://www.streetwisereports.com/pub/co/11073?utm_medium=feed" target="_blank" rel="noopener">Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE)</a> announced an update following recent discussions with the Tanzanian Mining Commission concerning the implementation of the government's statutory participation in its Tembo Project located in northwestern Tanzania, <a href="https://lakevictoriagold.com/lake-victoria-gold-advances-tembo-project-with-government-participation-process-and-near-term-production-pathway/" target="_blank" rel="noopener">according to a release on March 25</a>. The company's Tanzanian subsidiary has officially received notice from the Mining Commission to begin incorporating the government of Tanzania's 16% non-dilutable free carried interest into the Tembo mining licenses, as stipulated by the Mining Act and related regulations. In response, LVG has initiated the process and is actively collaborating with the government to integrate this framework and further the project's development. Government participation in the process is a well-defined and customary component of Tanzania's mining framework and represents a key step in transitioning Tembo toward development, the release noted. This regulatory milestone is being advanced in parallel with near-term production planning, positioning Tembo to move forward on multiple fronts: regulatory alignment and project de-risking, execution of a binding development partnership with Nyati, advancement toward potential initial gold production and cash flow, and ongoing exploration to expand the broader resource base, the company said. The formal process to implement Tanzania's statutory 16% free carried interest in the Tembo mining licenses has begun, marking a crucial step in advancing the project towards development. LVG said it is in the final stages of negotiations with Nyati Resources to finalize a binding agreement aimed at supporting near-term development and processing. "The initiation of the government participation process is an important and positive step for Tembo, reflecting continued progress within Tanzania's established regulatory framework," LVG President and Chief Executive Officer Marc Cernovitch said. "At the same time, we are nearing completion of a binding agreement with Nyati Resources, which has the potential to enable near-term production and cash flow. Advancing these workstreams in parallel positions Tembo to transition from an exploration-stage asset toward development in a capital-efficient manner." The anticipated partnership with Nyati is expected to facilitate toll milling and potential early-stage production, Lake Victoria said in the release. By leveraging existing regional processing infrastructure, LVG aims to significantly reduce capital expenditures and expedite project timelines, the release said. <h2 style="text-align: center;">Looking Ahead</h2> LVG said it is diligently advancing the Tembo project through several parallel initiatives focused on near-term development and potential production. These efforts include finalizing the agreement with Nyati Resources to support toll milling and early-stage production, continuing the government participation process, and conducting targeted drilling at the initial production area to aid mine planning, engineering, and operational readiness, all within a phased development framework. It is important to note that LVG has not completed a feasibility study for the Tembo Project that confirms mineral reserves with demonstrated economic and technical viability, the release noted Therefore, any decision to proceed with production, including potential toll milling or other third-party processing arrangements, carries increased risks of economic and technical failure without such a study. There is no assurance that production decisions will be made or that they will proceed as planned. Risks include variability in grade and recovery rates, metallurgical performance, conditions of processing arrangements, capital and operating cost overruns, availability of funding, and other operational, regulatory, and permitting challenges. <h2 style="text-align: center;">Key Catalysts: Ongoing Exploration, Upcoming Construction</h2> <a href="https://www.streetwisereports.com/article/2026/03/19/gold-co-advancing-toward-pfs-and-near-term-production.html?utm_medium=feed" target="_blank" rel="noopener">On March 19, 2026, Alina Islam, a Mining Analyst at Red Cloud Securities, provided</a> an insightful update on Lake Victoria Gold, particularly focusing on the recent metallurgical test results from the company's operations. While Lake Victoria Gold does not currently have a formal rating or target price set by Red Cloud, Islam emphasized that these latest results mark a significant de-risking milestone for the project. This recent batch of tests is especially notable as it included, for the first time, both transitional and fresh sulfide rock from deeper sections of the planned mining pit. This addition complements earlier tests that primarily focused on oxide materials. Islam noted that the consistency of these new results with historical data from 2013, 2014, and 2017 enhances confidence in the predictability of recovery rates throughout the mining sequence and lends robust support to the final plant design. The tests confirmed the effectiveness of the gravity plus carbon-in-leach (CIL) processing flowsheet, a well-established method in the Lake Victoria Goldfield, aligning with the metallurgical profiles observed in other operational mines within the district, the analysts said. Bond Work Index testing suggested a value of approximately 22.9 kWh/t, indicative of the relatively hard rock characteristic of the region's Archean greenstone deposits, yet manageable within conventional milling circuits. The Imwelo project, positioned just 12 kilometers west of AngloGold Ashanti Ltd.'s Geita mine, is a fully permitted, near-term development initiative. It operates under a 10-year mining license with comprehensive permissions for construction and production. A historical Preliminary Feasibility Study (PFS) from 2021 projected a 10-year open-pit operation beginning with an initial production of 12,000 ounces of gold, scaling up to 24,000 ounces, at an estimated all-in sustaining cost of US$1,500 per ounce. Currently, Lake Victoria Gold is diligently integrating these metallurgical insights into the final mine planning, process plant optimization, and engineering studies for a PFS anticipated around 2027, Islam wrote. The company is also progressing funding strategies to cover the estimated US$15 million capital cost. Looking forward, Islam highlighted several potential catalysts that could positively impact the stock price, including an updated mineral resource estimate expected in 2026, a targeted pre-feasibility study around 2027, and ongoing exploration results from the company's Tembo project. <a href="https://www.streetwisereports.com/article/2026/03/18/gold-co-confirms-97-gold-recovery-at-imwelo-construction-on-track-for-2026-as-key-catalysts-approach.html?utm_medium=feed" target="_blank" rel="noopener">In a related note dated March 18, Atrium Research analysts Ben Pirie and Nicholas Cortellucci reaffirmed</a> their BUY rating and a target price of CA$0.50 for Lake Victoria Gold. They pointed out that the recent metallurgical tests from Imwelo have significantly de-risked the project as it nears the construction phase later this year. These tests, which now include transitional and fresh sulfide material, align closely with previous findings, bolstering confidence in the processing plant's future performance. Lake Victoria Gold is set to commence construction in late 2026, with the first gold production expected in 2027. The strategic location of the Imwelo project, its full permitting status, and the potential for significant cash payments from the partnership with Barrick Mining Corp. at the Tembo Project all contribute to a positive outlook for the company, with ongoing exploration and upcoming construction serving as key catalysts. <h2 style="text-align: center;">War Leads to Opportunities in the Markets</h2> <a href="https://www.msn.com/en-us/money/markets/gold-silver-tumble-again-one-thing-is-wreaking-havoc-on-precious-metals/ar-AA1Zs7H7" target="_blank" rel="noopener">In a recent article by Alex Kozul-Wright for Barron's, published by MSN on March 26</a>, it was reported that precious metal prices saw a downturn early Thursday, largely due to fading hopes for a resolution to the U.S.-Iran tensions, which also negatively affected the broader financial markets. Continuous gold futures fell by 2.1% to US$4,456.70 an ounce, and silver futures experienced a sharper decline of 4.6%. Simultaneously, the S&P 500 index also saw a decrease, dropping by 0.4%. Since the conflict began on February 28, precious metals have faced substantial losses, with gold dropping by 17% and silver by 28%, as per FactSet data. These declines are mainly due to changing expectations around interest rates, as reported by Barron's. The ongoing war has driven up energy prices, diminishing the likelihood of a near-term rate cut by the Federal Reserve, which in turn has negatively impacted nonyielding assets like gold and silver. Derren Nathan, head of equity research at Hargreaves Lansdown, emphasized the influence of interest rate expectations over safe-haven appeal in his analysis, according to Kozul-Wright. "The oil market dislocation has increased the probability of a Fed rate hold until at least October from around 11% to 62% over the last month," Nathan stated, noting that the market now anticipates almost a 40% chance of at least one 25 basis point rate hike. He added, "Things could change quickly if Middle Eastern tensions simmer down, but the longer oil routes remain blocked, the more embedded hawkish forecasts will become."[OWNERSHIP_CHART-11073] <a href="https://theconversation.com/gold-is-meant-to-be-a-safe-haven-in-uncertain-times-why-is-it-crashing-amid-a-war-279095" target="_blank" rel="noopener">Rand Low, reporting for The Conversation on March 25, noted</a> that while gold has traditionally been considered a financial "safe haven" during turbulent times, its recent performance has been more volatile, resembling a roller coaster rather than a stable sanctuary. At the end of January, gold prices soared to a record high of nearly US$5,600 per ounce, nearly doubling its value from the previous year. However, since reaching that peak, it has lost about 20% of its value, particularly as the conflict in the Middle East intensified. Despite this recent decline, gold's price is still significantly higher than a decade ago, showing an increase of nearly 300%. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Approximately 28% is owned by management and insiders, institutions hold 15%, and strategic corporate investors (including Barrick Mining Corp. and the TAIFA Group) own 23%. The remainder is retail. Top shareholders include AIMS Asset Management with 8.79%, Rostam Aziz with 8.19%, Simon Charles Benstead with 7.46%, Concept Capital Management Ltd. with 5.83%, and Walter David Scott with 3.08%. The company's market cap is CA$63.7 million. It has 195.31 million shares outstanding, according to the company, and trades in a 52-week range of CA$0.16 to CA$0.35. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Lake Victoria Gold Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Lake Victoria Gold Ltd.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30844"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30844" width="0" height="0"> ( Companies Mentioned: LVG:TSX; LVGLF:OTCQB; E1K:FSE, ) Thu, 26 Mar 2026 00:00:00 PST Mining Company Targets Massive Untested Porphyry System in Southern British Columbia https://www.streetwisereports.com/article/2026/03/26/mining-company-targets-massive-untested-porphyry-system-in-southern-british-columbia.html Source: <a href="https://www.streetwisereports.com/article/2026/03/26/mining-company-targets-massive-untested-porphyry-system-in-southern-british-columbia.html?utm_medium=feed">Streetwise Reports 03/26/2026</a> Torr Metals Inc. (TMET:TSX.V) announces secondary drill targets at its Kolos Copper-Gold Project in British Columbia. Read why one analyst likes the stock.<a href="https://www.streetwisereports.com/pub/co/11133?utm_medium=feed" target="_blank" rel="noopener">Torr Metals Inc. (TMET:TSX.V)</a> announced that the drill-permitted Lodi and Kirby zones at its Kolos Copper-Gold Project in British Columbia have emerged as a compelling secondary drill target for its 2026 exploration program, based on newly integrated interpretations of geological, geochemical, and geophysical datasets, <a href="https://torrmetals.com/news/torr-metals-expands-2026-drill-pipeline-with-lodi-kirby-cu-au-porphyry-target-following-strong-vectoring-at-bertha/" target="_blank" rel="noopener">according to a March 25 release</a>. Lodi and Kirby have been identified as highly promising secondary drill targets within BC’s primary copper-producing belt in the prolific Quesnel Trough. The project is surrounded by three major operating copper mines, including the nearby New Afton mine, with an estimated five-year mine life remaining and is expected to require near-term feed. New Afton and its owner, New Gold, were recently acquired by Coeur Mining Inc. (CDE:NYSE) for US$7 billion. "Lodi-Kirby has rapidly advanced as a compelling drill target and adds meaningful momentum to our 2026 exploration program," Torr Metals Chief Executive Officer Malcolm Dorsey said. He highlighted that the inclusion of Lodi-Kirby not only enhances the pipeline of high-quality targets but also potentially boosts the success rate for Phase 2 drilling. Dorsey confirmed that Torr is fully funded for up to 6,000 meters of drilling within the drill-permitted Bertha and Lodi-Kirby zones, which optimally positions the company to advance both targets efficiently this season. He concluded, "Together, these targets highlight the growing scale and discovery potential of the Kolos Project and positions the company for an active and results-driven exploration season." The decision follows the integration of new geological, geochemical, and geophysical data, which suggests that the Lodi-Kirby area could potentially encompass a copper (Cu)–gold (Au) porphyry cluster system, the company said in the release. This system may host multiple preserved mineralized intrusive centers, including the known Lodi and Kirby occurrences, situated at shallow to moderate depths within an expansive hydrothermal area estimated to cover approximately 24.5 km². The Lodi-Kirby zones are poised to complement the primary exploration efforts at the Bertha Zone, where Phase 1 drilling concluded in late 2025, Torr said. These initial drills have effectively vectored towards high-priority areas believed to contain the source porphyry intrusions. Lodi-Kirby stands out due to several distinctive features indicative of concealed porphyry Cu-Au systems, the company noted. These include a large magnetic anomaly with a central zone of magnetic destruction, rock grab assays from the margins showing up to 0.52% Cu and 4.24 grams per tonne (g/t) Au, and a conductive core that suggests sulfide-bearing hydrothermal alteration. This core is supported by Cu–Au mineralization found in biotite-phase (potassic alteration) diorite intrusions at Kirby, positioned on the margins of the core. Additionally, the surrounding area exhibits a polymetallic geochemical footprint with elements such as silver (Ag), molybdenum (Mo), tellurium (Te), bismuth (Bi), lead (Pb), and zinc (Zn), aligning with the expected inner and outer alteration shells, Torr said. The presence of mineralized brecciated volcanic sequences at Lodi further suggests proximity to a causative porphyry system, pointing towards a mineralized core at depth. Alteration zonation transitions from propylitic to phyllic, with increasing quartz–carbonate veining towards the high conductivity core. <h2 style="text-align: center;">Recent Results From the Filion Gold Project in Ontario</h2> <a href="https://www.streetwisereports.com/article/2026/02/18/junior-miner-finds-13-1g-t-gold-at-filion-project-in-ontario.html?utm_medium=feed" target="_blank" rel="noopener">In February, Torr announced</a> promising results from 14 reconnaissance rock grab samples collected from a historical trench network at its Filion Gold Project in northern Ontario, as identified through LiDAR technology. The February 18 release detailed that these samples, taken in late 2025, yielded assays as high as 13.1 g/t Au within the Oscar Zone. Notably, six of these samples registered more than 1 g/t Au, with three samples exceeding 7 g/t Au across a 140-meter strike length. This sampled area represents only 16% of the approximately 900-meter total strike length of the trenches, originally excavated in the 1930s, leaving a significant portion yet to be explored. The strategic location of this target, merely 2.3 kilometers from the Trans-Canada Highway and close to rail and power infrastructure, enhances the potential value of any future discoveries due to excellent accessibility. Historical records suggest minimal exploration activity in the area since 1948, with references to limited drilling in the broader corridor but no verifiable drill locations or assay results, indicating that the area remains largely untested by modern drilling methods. The historical trenches are easily accessible by road via legacy exploration trails located just north of the Trans-Canada Highway 11 and approximately 37 kilometers northwest of Kapuskasing, which serves as the project’s operational base. The confirmation of high-grade gold mineralization not only supports historical reports but also reinforces Torr’s interpretation of the Filion structural corridor as a significant, underexplored gold-bearing system. These findings further underscore the robust structural architecture controlling gold mineralization and confirm Oscar as a potential bedrock source for one of two significant anomalous soil clusters identified in 2025. Soil assays from this cluster showed values up to 1.04 g/t Au, along with elevated levels of arsenic (As), tellurium (Te), tungsten (W), bismuth (Bi), and sulfur (S), indicative of regional orogenic gold systems. To capitalize on this potential, Torr has expanded the Filion Gold Project to encompass the entire approximately 60-kilometer strike length of the Filion structural corridor, the company noted. Remarkably, only about 8% of this corridor has been systematically explored using modern techniques, all of which has been conducted by Torr since first staking the project in October 2023. <h2 style="text-align: center;">Analyst: Co. Not Built 'On Theory Alone'</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/05/exploration-co-poised-for-discovery-in-british-columbias-premier-copper-mining-district.html?utm_medium=feed" target="_blank" rel="noopener">In a detailed review on February 5, Technical Analyst John Newell of John Newell & Associates shared</a> his positive outlook on Torr. Newell praised the company for its strategic focus on well-established mining districts that not only have existing infrastructure and operational mines but are also crucial to major producers. "Torr's strategy is straightforward but disciplined: identify large, underexplored copper-gold systems in proven belts, advance them methodically to drill-ready status, and create discovery leverage in jurisdictions where new deposits are scarce but desperately needed," Newell noted. From a technical analysis standpoint, Torr Metals has effectively met its initial goals. The company's shares successfully reached and exceeded the first technical target of CA$0.145, confirming a breakout from its base, according to Newell. Despite facing a challenging market in 2024, which saw a sharp correction for junior explorers, Torr Metals' stock found support at the 0.618 Fibonacci retracement level — a key marker that often indicates significant lows in emerging trends. Following this, the stock began to show signs of recovery, forming higher lows and suggesting an emerging uptrend. Recently, the shares climbed to and surpassed a second target near CA$0.24, only to drop sharply following drill results that were initially poorly received by the market. This sell-off led to what Newell describes as an island reversal, a technical pattern that typically signals panic lows and exhaustion selling. Importantly, the stock found support again near the 0.618 retracement level, reinforcing this as a crucial structural support. Newell suggests that if this pattern holds, the corrective phase may be considered complete, with higher chart targets remaining intact. He sets a mid-range target near CA$0.35 and a higher technical goal near CA$0.48, contingent on the continued support. "Torr Metals is not a story built on theory alone," Newell emphasized. "It is built on geology, location, and disciplined exploration in one of Canada's most productive copper belts." He highlighted that with the initial drilling at Kolos completed and a fully funded follow-up program set for 2026, along with multiple undrilled porphyry targets and a management team experienced in building exploration and mining companies, Torr Metals offers substantial discovery potential at a reasonable valuation. For investors who are comfortable with exploration risks and seek exposure to copper and gold discoveries in proven areas, Torr Metals is recommended as a speculative buy at the current price of approximately CA$0.155, the analyst said. <h2 style="text-align: center;">War Uncertainty Is Destabilizing Metals Prices</h2> In a fluctuating trading session for metals, copper prices have declined as investors keep a close watch on the unfolding uncertainty in the Middle East as well, <a href="https://www.mining.com/web/copper-price-falls-aluminum-price-climbs-as-war-keeps-traders-on-edge/" target="_blank" rel="noopener">Bloomberg reported in a piece published by Mining.com on March 26</a>. Aces Zhou, a trader at KS Commodities Ltd. based in Shanghai, recently said, "I have exited positions on base metals futures." He explained his cautious approach by stating, "At this price level, I tend to wait for the geopolitical story to be done first and wait for another trading topic." Despite this, investors are keeping a close eye on China's recovering demand for copper, which has seen an 8% decline this month due to the ongoing conflict in Iran. Zhou noted the current market conditions could be favorable for certain buyers, saying, "It will be very comfortable for some fabricators to buy at current price level," especially given the strong exports from China, particularly in power equipment, which continue to bolster demand. In the commodities market, copper prices on the London Metal Exchange were down by 0.6%, standing at US$12,254 a ton as of 11:04 a.m., the Bloomberg report noted. <a href="https://www.msn.com/en-us/money/markets/gold-silver-tumble-again-one-thing-is-wreaking-havoc-on-precious-metals/ar-AA1Zs7H7" target="_blank" rel="noopener">According to a report by Alex Kozul-Wright for Barron's in a piece published by MSN on March 26</a>, precious metal prices experienced a decline early Thursday, influenced by diminishing hopes for a de-escalation in the U.S.-Iran tensions, which also impacted broader financial markets. Continuous gold futures dropped by 2.1% to US$4,456.70 an ounce, while silver futures saw a more significant fall of 4.6%. Concurrently, the S&P 500 index also recorded a decrease, falling by 0.4%. Since the onset of hostilities on February 28, precious metals have suffered significant losses, with gold declining by 17% and silver plummeting by 28%, according to FactSet data. These declines are primarily attributed to shifting expectations regarding interest rates, Barron's reported. The war has led to higher energy prices, which have reduced the likelihood of a near-term rate cut by the Federal Reserve, adversely affecting nonyielding assets like gold and silver. "Interest rate expectations, rather than safe-haven appeal, have been in the driving seat," wrote Derren Nathan, head of equity research at Hargreaves Lansdown, in a note, according to Kozul-Wright. "The oil market dislocation has increased the probability of a Fed rate hold until at least October from around 11% to 62% over the last month," he said, adding that markets now see an almost 40% chance of at least one hike of 25 basis points. "Things could change quickly if Middle Eastern tensions simmer down, but the longer oil routes remain blocked, the more embedded hawkish forecasts will become," Nathan noted.[OWNERSHIP_CHART-11133] Gold has traditionally been viewed as a financial "safe haven" during turbulent times, <a href="https://theconversation.com/gold-is-meant-to-be-a-safe-haven-in-uncertain-times-why-is-it-crashing-amid-a-war-279095" target="_blank" rel="noopener">reported Rand Low for The Conversation on March 25</a>. However, in recent months amid geopolitical turmoil and market upheaval, the behavior of this precious metal has resembled a roller coaster more than a stable sanctuary. At the end of January, the price of gold reached a record high, nearly US$5,600 per ounce, which was almost twice its value from the previous year. Since that peak, it has declined by about 20%, particularly as major conflicts escalated in the Middle East. Despite this drop, gold's price remains significantly elevated from a decade ago, showing an increase of nearly 300%. <h2 style="text-align: center;">Ownership and Share Structure2</h2> About 12% of the company is owned by insiders and close associates. The rest is retail and high-net-worth investors. Top shareholders include Torr Resources Corp. (owned by CEO Malcolm Dorsey) with 4.77%, John Williamson with 3.41%, Sean Richard William Mager with 0.78%, and CEO Malcolm Dorsey with 0.07%. Torr has a market cap of CA$8.41 million and 83.82 million shares outstanding. It trades in a 52-week range between CA$0.08 and CA$0.27 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Torr Metals Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Torr Metals Inc.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <ol> <li> Disclosure for the quote from the John Newell article published on February 5, 2026</li> </ol> <ol> <li>For the quoted article (published on February 5, 2026), Torr Metals has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.</li> <li>Author Certification and Compensation: John Newell of John Newell and Associates was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. <ol start="2"> <li> Ownership and Share Structure Information</li> </ol> The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30843"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30843" width="0" height="0"> ( Companies Mentioned: TMET:TSX.V, ) Thu, 26 Mar 2026 00:00:00 PST Mining Co. Reports Record Revenue Growth from California and Bolivia Mines https://www.streetwisereports.com/article/2026/03/25/mining-co-reports-record-revenue-growth-from-california-and-bolivia-mines.html Source: <a href="https://www.streetwisereports.com/article/2026/03/25/mining-co-reports-record-revenue-growth-from-california-and-bolivia-mines.html?utm_medium=feed">Streetwise Reports 03/25/2026</a> Andean Precious Metals Corp. (APM:TSX; ANPMF:OTCQX) reports record revenue, EBITDA, and US$166.8M in liquid assets, supported by gold and silver production in 2025.Andean Precious Metals Corp. (APM:TSX; ANPMF:OTCQX) released its Q4 2025 and full 2025 financial results on March 25, 2026. <a href="https://www.stockwatch.com/News/Item/Z-C!APM-3798862/C/APM" target="_blank" rel="noopener">Andean reported a record-high revenue</a> of US$133.7 million for Q4 and US$359.8 million for the year, respectively, with 43% of sales coming from gold and 57% from silver. The company attributes this to a bullish market, along with strong gold production at the Golden Queen Project and silver production at its San Bartolome site. A record adjusted EBITDA was also reported, coming in at US$46 million for Q4 and US$133.7 million for 2025 as a whole. As of December 31, the company's liquid assets hit another record, at US$166.8 million. Liability decreased to US$170.3 million, while assets increased to US$433.9 million. <a href="https://www.stockwatch.com/News/Item/Z-C!APM-3798862/C/APM" target="_blank" rel="noopener">Alberto Morales, Executive Chairman and CEO, said</a>, "2025 was a robust year with strong financial results for Andean. The company delivered record revenue, EBITDA, earnings per share, and free cash flow. These results reflect strong financial contributions from both Golden Queen and San Bartolome, supported by higher precious metals prices. Importantly, the year was defined not only by record financial results but also by the significant cash flow generated from our operations, which allowed us to further strengthen our balance sheet, repay outstanding credit facilities, and end the year with a record level of liquid assets. This financial strength provides Andean with meaningful flexibility as we enter 2026. With strong margins and a balanced production profile with continued exposure to both gold and silver, we are well-positioned to fund growth initiatives, continue optimizing our operations, and evaluate opportunities to expand our asset base. Our consolidated revenue shows that by having a balanced production profile, we are able to capitalize on the appreciation of either gold or silver spot prices. In 2025, this strategy resulted in higher revenue driven by silver production and sales." Andean Precious Metals Corp. is a mining company headquartered in Canada that operates in California, USA, and Bolivia. <h2 style="text-align: center;">Gold Stabilizing Despite Inflation</h2> Gold is rebounding from an uncertain week, reaching record lows after declining over the past four months. "Central banks are likely going to have to keep rates higher to fight inflation, and that degrades the traditional bond diversification benefit. That leaves gold as a key diversifier. That diversification comes from sustained inflation, supply disruptions, and geopolitical stress, all of which point back to gold," <a href="https://www.bnnbloomberg.ca/investing/market-outlook/2026/03/24/market-outlook-commodities-and-gold-seen-as-key-hedges-against-inflation-surge/" target="_blank" rel="noopener">said Mike Philbrick, CEO of Resolve Asset Management, in an interview with BNN Bloomberg on March 24, 2026</a>. Regarding inflation and its effect on potentially jittery investors,<a href="https://www.kitco.com/news/article/2026-03-25/gold-silver-sharply-usdx-bond-yields-dip" target="_blank" rel="noopener"> Jim Wyckoff wrote for Kitco on March 25, 2026</a>, "[T]he metals traders on this day are focusing more on inflation prospects receding if the war in the Middle East de-escalates." In regard to silver, Mike Philbrick said, "Silver tends to be more volatile than gold and can behave more like a risk asset during growth scares . . . That gives it more volatility — more beta — than gold. It can move more aggressively in both directions." The market's trajectory is still unsure, but investors have calmed down somewhat in the past few days. <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/prince-silver-cabral-gold-american-pacific/" target="_blank" rel="noopener">Jeff Valks, Senior Analyst for The Gold Advisor</a>, on March 25, 2026, addressed nervous investors: "Good sailors don't expect calm water every day. They plan for weather. They keep sailing anyway. In the meantime, the fundamentals haven't changed." <h2 style="text-align: center;">Andean Precious Metals Gains Analyst Approval</h2> Ben Pirie and Nicholas Cortelluci of Atrium Research maintained their "Buy" rating for Andean on March 25, 2026, with an unchanged target price of CA$18.00. Their confidence is based partly on Q4 and overall 2025 financial results, while they keep their eyes on the company's future endeavors: "On March 18th, the Company announced its inclusion in the VanEck Junior Gold Miners ETF (GDXJ) effective March 20th, marking a key milestone that reflects its growth, increased scale, and rising relevance in the precious metals sector. The addition is expected to enhance share liquidity, boost institutional ownership, and increase visibility among global investors, supporting the company's ongoing strategy of disciplined growth and asset expansion." Pirie and Cortelluci also note positives like the company's "strong balance sheet . . . track record of successful acquisitions . . . robust cash flows . . ." and decades of leadership experience. Chen Lin of "What Is Chen Buying? What Is Chen Selling?" wrote on March 25, 2026, "I followed my plan to buy back my liquid miners at lower prices and added two great producers, APM.to and ORE.to." Other analysts are optimistic as well. <a href="https://m.investing.com/news/transcripts/earnings-call-transcript-andean-precious-metals-reports-record-2025-revenue-in-q4-93CH-4580133?ampMode=1" target="_blank" rel="noopener">"InvestingPro assigned Andean Precious Metals a "GOOD" Financial Health score of 2.87 out of 5, reflecting solid fundamentals despite recent market volatility."</a> <h2 style="text-align: center;">Catalysts</h2> In <a href="https://m.investing.com/news/transcripts/earnings-call-transcript-andean-precious-metals-reports-record-2025-revenue-in-q4-93CH-4580133?ampMode=1" target="_blank" rel="noopener">the company's March 25, 2026, earnings call transcript</a>, Jean Bouchard, President of Andean, said, "Looking ahead to 2026, our primary objective is to advance infill drilling to convert inferred resources into the measured and indicated categories. Our second objective is to follow up on the zone drilled in 2025 with additional infill drilling, which is intended to further extend mineral reserves along the trend of the existing mining area. Postponing the release of the technical report by a few months ensures the market receives a clearer and more complete picture of the asset's long-term value. [OWNERSHIP_CHART-11264] At San Bartolomé, exploration is focused on securing additional oxide resources to support long-term plant feed. We continue to advance exploration across multiple targets with the objective of increasing available resources and maximizing utilization of the plant's capacity. Overall, these programs are designed to enhance production, extend mine life, and support long-term value creation across both operations." CEO and Executive Chairman Alberto Morales said, "We also expect several important milestones in the year ahead, including the planned listing on the New York Stock Exchange and the release of an updated technical report at Golden Queen, which we believe will further enhance the company's visibility and profile with the global investment community." <h2 style="text-align: center;">Ownership & Share Structure1</h2> Andean Precious Metals Corp. has a market cap of CA$973.66 million and 149.79 million shares outstanding. The company has a 52-week range of CA$1.22-CA$12.55. Management and Insiders own 2.48% of the company's shares, while 53.88% belong to Strategic Investors. Institutions hold 10.35% of shares, and the remaining 33.29% are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30842"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30842" width="0" height="0"> ( Companies Mentioned: APM:TSX;ANPMF:OTCQX, ) Wed, 25 Mar 2026 00:00:00 PST Copper Discoveries Are Getting Scarce: One Explorer Is Drilling to Change That https://www.streetwisereports.com/article/2026/03/26/copper-discoveries-are-getting-scarce-one-explorer-is-drilling-to-change-that.html Source: <a href="https://www.streetwisereports.com/article/2026/03/26/copper-discoveries-are-getting-scarce-one-explorer-is-drilling-to-change-that.html?utm_medium=feed">John Newell 03/26/2026</a> John Newell of John Newell & Associates takes a look at Vortex Metals Inc. (VMS:TSXV; VMSSF:OTCMKTS; DM8:FSE), a discovery-driven exploration company advancing copper and copper-gold projects in two of the world's most important mining regions: Chile and Mexico.Copper is rapidly becoming one of the most strategic metals in the global economy. Electrification, artificial intelligence infrastructure, renewable energy systems, and electric vehicles are all driving demand higher, yet the number of new copper discoveries has been declining for years. Industry analysts increasingly warn that the world could face a significant copper supply gap later this decade as demand grows faster than new mines can be developed. Some forecasts suggest the market could be short as much as 10 million tonnes of copper annually by 2030 if new deposits are not discovered and brought into production. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202632674124_1.png" alt="" width="624" height="193" /> In that environment, exploration companies capable of discovering the next generation of copper deposits could become increasingly valuable. One company positioning itself for that opportunity is Vortex Metals Inc. (VMS:TSXV; VMSSF:OTCMKTS; DM8:FSE), a discovery-driven exploration company advancing copper and copper-gold projects in two of the world's most important mining regions: Chile and Mexico. <h2 style="text-align: center;">About the Company</h2> Vortex Metals Inc. is focused on the discovery and advancement of copper and copper-gold deposits in mining-friendly jurisdictions. The company has assembled a diversified exploration portfolio that includes a copper project in Chile alongside volcanogenic massive sulphide exploration projects in Mexico. The company's strategy is to identify large mineral systems with the potential to host significant copper deposits and advance them through systematic exploration. By working in two geologically favorable regions, Vortex is positioning itself to benefit from both near-term exploration catalysts and longer-term discovery potential. <h2 style="text-align: center;">Illapel Copper Project, Chile</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202632674206_2.png" alt="" width="624" height="315" /> The company's flagship asset is the Illapel Copper Project, located in the Choapa Province of Chile, approximately 250 kilometers north of Santiago. Chile remains the world's leading copper-producing country and hosts many of the largest copper deposits ever discovered. The Illapel project benefits from strong infrastructure, including access to paved roads, nearby power lines, and year-round exploration conditions. The project consists of three mineral leases covering approximately 6,000 hectares and surrounds the historic Rio 27 Mine, where Vortex holds a right of first refusal on adjacent mineral rights. Historical estimates suggest the Rio 27 area hosts approximately 6.2 million tonnes of copper-bearing material, though these estimates are not compliant with modern reporting standards. Geologically, the property hosts manto-style stratabound copper mineralization, a deposit style that can form significant copper concentrations within sedimentary and volcanic host rocks. The company recently completed eight diamond drill holes totaling approximately 2,025 meters to test targets along strike from the Rio 27 mine as well as copper-gold epithermal vein systems across the concession area. All holes intersected sulphide mineralization and alteration consistent with the presence of a larger mineralized system. Follow-up work is now focused on downhole geophysics and additional drilling designed to identify thicker sulphide zones and potentially higher-grade mineralization. <h2 style="text-align: center;">VMS Copper-Gold Projects Mexico</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202632674229_3.png" alt="" width="542" height="343" /> In addition to Chile, Vortex Metals controls several volcanogenic massive sulphide (VMS) exploration projects in Mexico. VMS deposits are important exploration targets because they often host significant concentrations of copper, gold, silver, and zinc, and can form large mineralized districts. The company has identified five high-priority target areas across its Mexican land package based on geological mapping, geochemical sampling, and geophysical surveys. One of the most promising assets is the Zaachila Project, where the company has secured community approval for exploration activities, but is awaiting final federal approval for dill permits. Surface exploration has identified more than five kilometers of copper mineralization occurring along favorable stratigraphic horizons adjacent to a trondhjemite intrusive complex. Geologists studying the project note similarities between the geological setting and well-known VMS mining districts such as the Noranda Camp in Canada, as well as several large deposits in Latin America. Another target area known as Riqueza Marina hosts extensive gossan zones along a three-kilometer strike length with numerous areas of copper mineralization at surface and gravity anomalies that may represent buried massive sulphide bodies. Together, these projects give Vortex exposure to multiple drill targets across a large and prospective exploration district. <h2 style="text-align: center;">Discovery Potential</h2> What makes Vortex particularly interesting from an exploration standpoint is that both of its project areas display characteristics commonly associated with larger mineral systems. At Illapel in Chile, mineralization occurs in proximity to a historic copper mine within favorable host rocks known for manto-style deposits. Early drilling has intersected sulphide mineralization and alteration zones that often indicate the presence of a broader copper system. In Mexico, the company is exploring an emerging VMS belt where surface copper mineralization, geophysical anomalies, and favorable volcanic host rocks suggest the potential for buried massive sulphide deposits. Success in either district could significantly increase the scale and value of the company. <h2 style="text-align: center;">Market Capitalization and Share Structure</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202632674303_4.png" alt="" width="602" height="341" /> Vortex Metals currently has approximately 93,956,168 shares outstanding. The company also has 6,425,000 stock options and 17,260,341 warrants outstanding. Importantly, founders and insiders control approximately 30% of the company, aligning management with shareholders and helping maintain a relatively tight share structure compared with many junior exploration companies. <h2 style="text-align: center;">Why Discoveries Matter in a Copper Bull Market</h2> During strong commodity cycles, the most significant gains in the mining sector often occur in companies that make new discoveries. Major mining companies must continually replace declining reserves, and during bull markets, they frequently acquire or partner with exploration companies to secure future production. In previous copper cycles, a single meaningful discovery has sometimes transformed small exploration companies into companies with valuations in the hundreds of millions of dollars. With copper demand expected to grow substantially over the next decade, companies exploring for new deposits in favorable jurisdictions could become increasingly important to the industry. <h2 style="text-align: center;">Technical Analysis</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202632674405_5.png" alt="" width="940" height="857" /> From a technical perspective, the chart for Vortex Metals shows a pattern that experienced speculators often watch closely in junior exploration companies. After a strong speculative rally several years ago, the shares entered a prolonged decline that eventually brought the stock down into the CA$0.03–CA$0.04 range, where it began forming a long-term base. This type of extended basing pattern is often where early accumulation takes place as weaker shareholders exit and patient investors begin positioning ahead of the next cycle. More recently, the shares have started to stabilize and move back above their shorter-term moving averages, suggesting that the downtrend may be nearing completion. The first key level to watch on the chart is the CA$0.06 area, which previously acted as support and now represents an important resistance level. If the shares are able to move through that level with volume, the chart suggests the potential for a recovery move toward higher levels with technical targets near CA$0.12, CA$0.18, and potentially CA$0.30 over time. In the junior exploration sector, once momentum returns and new exploration results begin to attract attention, these types of moves can occur surprisingly quickly. <h2 style="text-align: center;">Conclusion</h2> Copper is increasingly being recognized as one of the most important metals for the global economy. As electrification, renewable energy systems, and advanced technologies continue to expand, demand for copper is expected to grow significantly while the pipeline of new discoveries remains limited. Vortex Metals has positioned itself within that opportunity by assembling a portfolio of copper exploration projects in Chile and Mexico, two regions known for their strong geological potential and long mining histories. With drilling underway in Chile and multiple exploration targets emerging in Mexico, the company is entering a period where new exploration results could begin to define the scale of its mineral systems. At the same time, the technical chart suggests the shares may be emerging from a long consolidation phase, with the potential to move toward higher technical targets if momentum returns to the junior mining sector. With the shares currently trading near CA$0.045, Vortex Metals remains a small-cap exploration company, but one with active exploration programs, multiple copper targets, and leverage to strengthening copper fundamentals. For investors comfortable with the risks associated with early-stage exploration companies, Vortex Metals Inc. (VMS:TSXV;VMSSF:OTCMKTS;DM8:FSE) looks like a Speculative Buy at current levels, particularly if upcoming exploration results continue to demonstrate the potential scale of the mineral systems being explored. Readers interested in learning more about the company's projects and ongoing exploration programs can review additional information at <a href="https://vortexmetals.ca/?utm_source=chatgpt.com" target="_blank" rel="noopener">https://vortexmetals.ca/</a>. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li> <div class="x_elementToProof">For this article, Vortex Metals Inc. has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.</div> </li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30841"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30841" width="0" height="0"> ( Companies Mentioned: VMS:TSXV;VMSSF:OTCMKTS;DM8:FSE, ) Thu, 26 Mar 2026 00:00:00 PST 30,000-Metre Nova Scotia Drill Push Targets Early Production Zones as Goldboro Gold Project Moves Toward Key Construction Decision https://www.streetwisereports.com/article/2026/03/27/30-000-metre-nova-scotia-drill-push-targets-early-production-zones-as-goldboro-gold-project-moves-toward-key-construction-decision.html Source: <a href="https://www.streetwisereports.com/article/2026/03/27/30-000-metre-nova-scotia-drill-push-targets-early-production-zones-as-goldboro-gold-project-moves-toward-key-construction-decision.html?utm_medium=feed">Streetwise Reports 03/27/2026</a> NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) has launched a 30,000-metre infill drill program at its Goldboro Project in Nova Scotia.<a href="https://www.streetwisereports.com/pub/co/1961?utm_medium=feed" target="_blank" rel="noopener">NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE)</a> announced <a href="https://nexgold.com/nexgold-initiates-30000-metre-infill-drill-program-at-the-goldboro-gold-project-in-nova-scotia/" target="_blank" rel="noopener">that it has commenced a Reverse Circulation infill drill program at its Goldboro Gold Project in Nova Scotia</a>. The program comprises up to 30,000 metres of drilling and is focused on the Goldboro Deposit, targeting specific areas of the Mineral Resource at a nominal drill spacing of 12.5 metres and to depths of 50 metres. The company stated that the high-density drill program is designed to support the early years of planned production at Goldboro, focusing on areas currently accessible by drill rig. The objective is to generate a high-density data set that may be used to upgrade Mineral Resources from the Indicated to Measured category using a drilling method that more closely reflects production drilling and associated dilution. The results from the program will be integrated with more than 180,000 metres of existing diamond drill data on the deposit, including data supporting the 2021 Mineral Resource and Mineral Reserves outlined in the feasibility study prepared by Nordmin Engineering Ltd. with an effective date of December 16, 2021. <a href="https://nexgold.com/nexgold-initiates-30000-metre-infill-drill-program-at-the-goldboro-gold-project-in-nova-scotia/" target="_blank" rel="noopener">Kevin Bullock, President and CEO, stated in a company news release,</a> "The company continues to advance and de-risk the Goldboro Project as we move toward an investment decision later this year. The recently launched 30,000-metre infill drill program focuses primarily on areas of the Mineral Resource that are expected to be mined in the early years of production and is intended to support the refinement of the Mineral Resource model following the update to the Feasibility Study, adding greater certainty and confidence in the Mineral Resource." He added that the drill program is part of several activities underway at Goldboro in 2026, including an update to the feasibility study incorporating additional drilling completed since September 2021, updated operating and capital cost assumptions, and changes in the gold price since the original study. The company is also continuing technical, environmental, engineering, and permitting activities, along with engagement with local communities and the Mi'kmaw of Nova Scotia. The infill drill program is expected to continue into the third quarter of 2026, with assay results to be disclosed as they become available, subject to drilling progress and laboratory turnaround times. <h2 style="text-align: center;">Precious Metals Market Volatility and Macro Drivers Shape Sector Conditions</h2> <a href="https://www.reuters.com/world/india/gold-climbs-more-than-2-softer-dollar-easing-fears-higher-interest-rates-2026-03-25/" target="_blank" rel="noopener">Reuters reported on March 24 that gold prices rose nearly 2% as uncertainty surrounding the Middle East conflict persisted, with spot gold reaching US$4,552.94 per ounce after earlier weakness. </a>The report noted that "gold is seeing a technical recovery and is also being supported by optimism that hostilities involving Iran may be diminishing, which has helped ease oil prices," according to Peter Grant, vice president and senior metals strategist at Zaner Metals. Reuters added that gold had previously hit a four-month low and that price movements were influenced by shifts in oil prices, inflation expectations, and interest rate outlooks. The report also stated that "the recent pullback has seen a sharp exit of much of this capital," while noting that central bank reserve diversification trends were expected to continue, according to analysts at SP Angel. <a href="https://www.kitco.com/news/article/2026-03-25/gold-silver-sharply-usdx-bond-yields-dip" target="_blank" rel="noopener">Kitco News wrote on March 25 that gold and silver prices moved higher in early U.S. trading, supported by a weaker U.S. dollar index and declining Treasury yields</a>. The report stated that "gold and silver prices are posting sharp gains in early U.S. trading today, boosted by a weaker U.S. dollar index and a dip in U.S. Treasury yields," while also highlighting inconsistent market behavior. It noted that "they sell off on keener risk aversion and rally on better risk appetite," reflecting shifting trader sentiment. Kitco also reported that April gold was up US$177.60 at US$4,580.10, while May silver prices rose US$3.836 to US$73.415. The report further referenced broader macroeconomic factors, including interest rate policy, stating that Federal Reserve Governor Michael Barr said policymakers may need to keep rates steady for "some time" to address inflation. <a href="https://vblgoldfix.substack.com/p/special-citi-reiterates-6000-in-26?utm_source=post-email-title&amp;publication_id=456345&amp;post_id=191978311&amp;utm_campaign=email-post-title&amp;isFreemail=true&amp;r=4tebdf&amp;triedRedirect=true&amp;utm_medium=email" target="_blank" rel="noopener">According to a March 25 report from Citi, gold and silver were characterized as risk-sensitive assets in the near term despite inflationary conditions</a>. The report stated that gold had declined roughly 15% during an Iran-driven energy shock, trading in line with broader risk assets rather than acting as a traditional safe haven. Citi wrote that this pattern aligned with historical trends, noting that "gold typically falls initially during liquidity stress before stabilizing and eventually rebounding ahead of broader markets." The report outlined a short-term bearish and long-term bullish framework for precious metals, emphasizing the impact of higher real rates and a stronger U.S. dollar on near-term price movements. <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:b027bce1-8eae-41c7-8f9a-0f9696f87a31-2" data-testid="conversation-turn-6" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="b1912fbe-dcaa-4494-b0a9-92a6136d7e6f" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="410">Analyst Reports Highlight Development Milestones, Financial Activity, and Technical Indicators</h2> <a href="https://www.streetwisereports.com/article/2026/01/23/sell-the-world-buy-gold.html?utm_medium=feed" target="_blank" rel="noopener">In a January 23 newsletter, Stewart Thomson referenced NexGold Mining Corp., </a>describing it as "another hot CDNX stock." He wrote that the company would "walk the mid-tier talk," adding that "management looks good, and the jurisdiction (Canada) does too. So does the chart." He also stated, "Blastoff is here! Note the strong buy signal on the Stochastics oscillator (14,7,7 series) at the bottom of the chart." <a href="https://www.streetwisereports.com/article/2026/01/22/in-2026-gold-co-aims-to-move-flagship-project-to-construction.html?utm_medium=feed" target="_blank" rel="noopener">In a separate January 27 research report, Ron Stewart of Red Cloud Securities outlined expectations for NexGold's development activities</a>. He indicated that the company was expected to update its mineral resource, complete a feasibility study, secure financing, and reach a final investment decision for the Goldboro project within the year. Stewart stated, "Goldboro will be the first cab off the rank, with Goliath to follow." Red Cloud maintained a Buy rating on NexGold with a target price of CA$4.30 per share, based on valuations for the Goldboro, Goliath, and Niblack projects. At the time of the report, the shares were trading at approximately CA$1.78. The report also reviewed NexGold's 2025 activities, including securing federal and provincial permits for the Goldboro project, completing infill drilling, and conducting drilling at the Goliath project. It further noted financial actions taken during the year, including repayment of a US$12 million debt facility, the repurchase of a net smelter returns royalty, the sale of a 2.9% royalty for US$24 million, and the completion of a bought-deal equity financing totaling CA$112.5 million. Red Cloud's financial model for Goldboro outlined estimated production of 1,200,000 ounces over an 11.3-year mine life, with an after-tax net present value discounted at 5% of CA$854 million and an internal rate of return of 52.7%. The report also referenced technical indicators, noting a strong buy signal on the Stochastics oscillator (14,7,7 series), with Thomson stating, "Blastoff is here!" </div> </div> </div> </div> <div class="z-0 flex min-h-[46px] justify-start"> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-section-id="ql5m5a" data-start="2462" data-end="2513">2026 Development Milestones at the Goldboro Project</h2> <a href="https://nexgold.com/wp-content/uploads/2026/02/NEXG-Corporate-Presentation-Feb-2026_New-Preso_vFinal-1.pdf" target="_blank" rel="noopener">According to the company's investor presentation, NexGold plans to update the Mineral Resource Estimate for Goldboro.</a> It also intends to update the feasibility study, including revisions to operating costs, capital expenditures, and gold price assumptions. [OWNERSHIP_CHART-1961] Project execution and planning activities include building organizational capacity through internal team development and project partners, finalizing contracting and procurement strategies, and advancing detailed engineering to support construction requirements and timing. The company also plans to commence procurement for long-lead equipment. In addition, NexGold is working toward finalizing project financing arrangements and making a final investment and construction decision. The company indicated that it plans to initiate an early works construction program in the second half of 2026 to support a full construction ramp-up. On the exploration side, the company plans to continue close-spaced infill drilling to define near-surface Mineral Resources and to pursue the discovery of additional deposits and mineral resources across the project area. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Management and insiders own 2% of NexGold. Institutions and strategic investors, including Frank Giustra, who holds 5%, collectively own 66% of the company's shares. NexGold has 247.8 million shares issued and outstanding, with a market cap of CA$354.35 million. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>NexGold is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of NexGold.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30836"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30836" width="0" height="0"> ( Companies Mentioned: NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE, ) Fri, 27 Mar 2026 00:00:00 PST US$72.5M Gold Asset Sale Unlocks Staged Payments, Shares, and Milestone-Linked Cash https://www.streetwisereports.com/article/2026/03/25/us-72-5m-gold-asset-sale-unlocks-staged-payments-shares-and-milestone-linked-cash.html Source: <a href="https://www.streetwisereports.com/article/2026/03/25/us-72-5m-gold-asset-sale-unlocks-staged-payments-shares-and-milestone-linked-cash.html?utm_medium=feed">Streetwise Reports 03/25/2026</a> Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX) agreed to sell its Goldstrike project for total consideration of US$72.5 million in cash and shares. <a href="https://www.streetwisereports.com/pub/co/3777?utm_medium=feed" target="_blank" rel="noopener">Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX)</a> announced <a href="https://libertygold.ca/news/liberty-gold-announces-the-sale-of-the-goldstrike-project-for-proceeds-of-us72-5-million/" target="_blank" rel="noopener">that it has entered into a definitive share purchase agreement to sell the issued and outstanding shares of its subsidiary, Speciality American Metals Inc., which owns the Goldstrike project in southern Utah, to Heliostar Metals Ltd (HSTXF:OTCQB) for total consideration of US$72.5 million.</a> Under the terms of the agreement, Liberty Gold expects to receive gross proceeds of US$72.5 million, consisting of US$10 million in cash and approximately 1.6 million Heliostar common shares valued at approximately US$2.5 million on closing, followed by US$10 million in cash 12 months after closing and an additional US$10 million in cash 18 months after closing. The agreement also includes US$15 million in cash payable on the earlier of the achievement of certain infrastructure-related milestones or five years from closing, and US$25 million in cash payable on the earlier of the release of a feasibility study, a construction decision, or five years from closing. All Heliostar shares received as part of the consideration will be subject to a hold period under applicable Canadian securities laws, expiring four months plus one day after closing. The agreement includes customary representations, warranties, covenants, and indemnities. "This transaction provides meaningful non-dilutive capital, with total consideration of US$72.5 million, strengthening our balance sheet at an important stage in the advancement of Black Pine," <a href="https://libertygold.ca/news/liberty-gold-announces-the-sale-of-the-goldstrike-project-for-proceeds-of-us72-5-million/" target="_blank" rel="noopener">said Jon Gilligan, president and chief executive officer of Liberty Gold, in a company news release.</a> The transaction has been approved by Liberty Gold's board of directors and remains subject to TSX Venture Exchange regulatory approvals and customary closing conditions. Closing is expected to occur within 30 days. <h2 style="text-align: center;">Precious Metals Markets Reflect Volatility, Macroeconomic Sensitivity, and Investment Flows</h2> <a href="https://www.reuters.com/world/india/gold-climbs-more-than-2-softer-dollar-easing-fears-higher-interest-rates-2026-03-25/" target="_blank" rel="noopener">According to a March 24 report from Reuters, gold prices were influenced by macroeconomic and geopolitical developments</a>, with one market participant stating that "gold is seeing a technical recovery and is also being supported by optimism that hostilities involving Iran may be diminishing, which has helped ease oil prices." The report also noted that "falling oil prices help ease inflation pressures, reducing the likelihood of prolonged higher interest rates," while adding that gold "loses appeal in high-rate environments as the opportunity cost of holding a non-yielding asset increases." Analysts cited in the same report stated that "the recent pullback has seen a sharp exit of much of this capital," while also noting "the recent trend of central bank reserve diversification as set to continue, with new entrants buying in 2026." <a href="https://www.kitco.com/news/article/2026-03-25/gold-silver-sharply-usdx-bond-yields-dip" target="_blank" rel="noopener">Kitco Media reported on March 25 that gold and silver prices moved in response to currency and rate dynamics</a>, stating that "gold and silver prices are posting sharp gains in early U.S. trading today, boosted by a weaker U.S. dollar index and a dip in U.S. Treasury yields." The report added that "there's an old trading adage that says markets will do anything and everything possible to frustrate the largest number of traders," noting that "they sell off on keener risk aversion and rally on better risk appetite." It further stated that "apparently, the metals traders on this day are focusing more on inflation prospects receding if the war in the Middle East de-escalates." <a href="https://vblgoldfix.substack.com/p/special-citi-reiterates-6000-in-26?utm_source=post-email-title&publication_id=456345&post_id=191978311&utm_campaign=email-post-title&isFreemail=true&r=4tebdf&triedRedirect=true&utm_medium=email" target="_blank" rel="noopener">In a March 25 report, Citi described differing short- and long-term dynamics in precious metals, stating that it "lays out its short-term bearish, long-term bullish case for Gold and Silver."</a> The report noted that "gold has sold off sharply, declining roughly 15% as it trades in line with broader risk assets rather than as a safe haven, pressured by higher real rates and a stronger dollar." It also stated that "this behavior is consistent with past crises, where gold typically falls initially during liquidity stress before stabilizing and eventually rebounding ahead of broader markets." <h2 style="text-align: center;" data-start="0" data-end="91">Analyst Coverage Highlights Resource Growth, Permitting Progress, and Valuation Metrics</h2> <a href="https://www.streetwisereports.com/article/2026/01/23/co-s-idaho-gold-project-now-on-fast-41-track.html?utm_medium=feed" target="_blank" rel="noopener">In a January 21 research note, Canaccord Genuity analyst Peter Bell stated that "we view the acceptance into FAST-41 as a constructive step in derisking the project's path to development."</a> Canaccord Genuity maintained a Speculative Buy rating and a CA$5 per share target price. <a href="https://www.streetwisereports.com/article/2026/02/19/gold-co-s-black-pine-mre-shows-17-resource-growth-ahead-of-2026-feasibility-study.html?utm_medium=feed" target="_blank" rel="noopener">According to a February 11 research note from BMO Capital Markets </a>analyst Brian Quast, the updated mineral resource estimate "reveals a 17% increase in Measured & Indicated resources to 4.9Moz and a 47% jump in Inferred resources to 1.05Moz, while a high-grade core of 1.91Moz at 0.99g/t adds further value." BMO Capital Markets maintained an Outperform (Speculative) rating and did not assign a target price. <a href="https://www.streetwisereports.com/article/2026/01/26/gold-project-should-benefit-from-speed-fast-41.html?utm_medium=feed" target="_blank" rel="noopener">In a February 18 report, National Bank Financial analyst Rabi Nizami noted that Liberty Gold "reported a 22% increase in mineral resources at its Black Pine gold project in Idaho to 5.9 million ounces." </a>Nizami maintained an Outperform rating and assigned a CA$1.70 target price. According to a March 23 update from 3L Capital, analysts stated that "we view the divestiture positively, as it offers an immediate cash injection and milestone payments, and it means that LGD does not need to raise additional equity until construction." The report added that the transaction "has secured a significant source of non-dilutive capital to advance the Black Pine Project" and noted that "it has simplified the story and now enables the team to focus entirely on Black Pine." In a March 23 flash note, Paradigm Capital analyst Lauren McConnell wrote that "we view the sale of Goldstrike as a strategically positive transaction," adding that "the structure provides meaningful non-dilutive capital and reduces execution risk by monetizing a non-core asset at a logical point in the cycle." The firm also stated that "the transaction strengthens Liberty's balance sheet at a critical stage in the development of Black Pine." In a separate March 23 report, Paradigm Capital stated that "the schedule introduces a transparent, agency-aligned pathway with defined milestones under NEPA, shifting Black Pine from an open-ended permitting process to a structured and monitored timeline." The firm added that "this milestone represents the clearest signal yet that permitting is advancing in a disciplined, trackable sequence, improving visibility on the path to construction." <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-69c51feb-ebc8-832c-a2f6-0c7736228126-10" data-testid="conversation-turn-18" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="54572f80-09ad-49bb-b574-95c3771adba3" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> In a March 24 research report, Canaccord Genuity maintained a Speculative Buy rating and raised its target price to CA$5.50 from CA$5.00. The firm stated, "we view this transaction as a positive step forward for Liberty as it (1) helps streamline the development story, and (2) improves short-term liquidity in order to help fund development of Black Pine." It also noted that "aggregate proceeds of US$30M within the next 18 months will support feasibility and long-lead procurement at Black Pine, without shareholder dilution." </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-start="2135" data-end="2203">Advancement Milestones at Black Pine and Corporate Work Programs</h2> <a href="https://libertygold.ca/wp-content/uploads/Liberty-Gold-Corporate-Presentation-March-2026-01.pdf" target="_blank" rel="noopener">According to its March 2026 investor presentation, Liberty Gold outlined multiple operational and development milestones associated with its Black Pine project and broader corporate activities.</a> The company reported that an updated mineral resource estimate incorporating feasibility drilling was targeted for the first quarter, alongside final drilling assays from 2025 to support feasibility inputs. Metallurgical test work results supporting recovery assumptions were expected in the first half of the year, with a feasibility study targeted for delivery in the fourth quarter. [OWNERSHIP_CHART-3777] Permitting-related activities include the filing of a Notice of Intent in the first quarter and the continuation of the Environmental Impact Statement process under a coordinated federal review framework. State permitting processes are underway and aligned with the Environmental Impact Statement timeline, while federal, state, and community engagement efforts are ongoing in support of permitting. Engineering and cost-related work includes refinement of engineering designs and capital cost estimates to support the feasibility study. The company also outlined continued investor engagement as Black Pine advances, along with portfolio rationalization initiatives intended to support a focus on development activities. <h2 style="text-align: center;" data-start="3188" data-end="3509">1Ownership and Share Structure</h2> Institutions hold 27.72% of Liberty Gold, with Van Eck Associates holding the most with 10.16%. Management and insiders hold 3.11%. The rest is retail. Liberty has a market cap of CA$552.8 million, 524.6 million outstanding shares, and a 52-week range of CA$0.27-CA$1.69. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Liberty Gold is a billboard sponsor of Streetwise Reports.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Heliostar.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30835"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30835" width="0" height="0"> ( Companies Mentioned: LGD:TSX; LGDTF:OTCQX, ) Wed, 25 Mar 2026 00:00:00 PST Mining Company Secures High-Grade Gold Breakthrough in Utah https://www.streetwisereports.com/article/2026/03/26/mining-company-secures-high-grade-gold-breakthrough-utah.html Source: <a href="https://www.streetwisereports.com/article/2026/03/26/mining-company-secures-high-grade-gold-breakthrough-utah.html?utm_medium=feed">Streetwise Reports 03/26/2026</a> Heliostar Metals Ltd. (HSTR:TSX.V; HSTXF:OTC; RGG1:FRA) secures 100% of Utah's Goldstrike Project for CA$72.5M, unlocking potential gold resource with expansion upside.<a href="https://www.heliostarmetals.com/news-media/news-releases/heliostar-introduces-goldstrike-project-and-updated-mineral-resource" target="_blank" rel="noopener">Heliostar Metals Ltd. (HSTR:TSX.V; HSTXF:OTC; RGG1:FRA) </a><a href="https://www.heliostarmetals.com/news-media/news-releases/heliostar-introduces-goldstrike-project-and-updated-mineral-resource" target="_blank" rel="noopener">announced a new agreement</a> with <a href="https://www.streetwisereports.com/pub/co/3777?utm_medium=feed" target="_blank" rel="noopener">Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX)</a> to acquire 100% interest in the Goldstrike Project in Utah at a price of CA$72.5 million. "Heliostar, through its whole owned subsidiary, Helio Five Resources Ltd., has entered into an agreement dated March 20, 2026, to purchase Specialty American Metals Inc., a wholly owned British Columbia subsidiary of Liberty, which is the sole owner of Pilot Goldstrike Inc., a Nevada company that holds the Goldstrike project," <a href="https://www.stockwatch.com/News/Item/Z-C!HSTR-3798234/C/HSTR" target="_blank" rel="noopener">reported Charles Funk, Heliostar's CEO</a>, on March 23, 2026. The purchase is expected to be finalized within 30 days, subject to standard regulatory and exchange approvals. To comply with securities laws, all shares in connection with the acquisition will be held for four months and one day from the closing date. Heliostar is a Canadian gold mining company with two producing mines and four assets in development. Its flagship asset is the Ana Paula Project, which the company hopes to have producing in 2028. <a href="https://www.heliostarmetals.com/about-us/overview/" target="_blank" rel="noopener">According to the company website</a>, Heliostar considers itself an emerging mid-tier gold producer that is leveraging near-term cash flow into dilution-free expansion. <h2 style="text-align: center;">Gold Sector on a Slow Rebound</h2> Fears of inflation and the uncertain future of the U.S.-Iran War have thrown the gold sector into a tailspin this week, with the metal hitting its lowest price in four months. Some investors have tried to sell their shares, but analysts caution against moving too quickly. "In gold, the first upside Fibonacci retracement level near ~US$4,600/oz was reached overnight. The market is likely to spend some time consolidating its recent ~US$500/oz rebound, before making an attempt to push up to test US$4,700/oz by Friday's close," <a href="https://robertsinn.substack.com/p/precious-metals-begin-rebound-but?utm_source=post-email-title&publication_id=2243983&post_id=192072749&utm_campaign=email-post-title&isFreemail=true&r=4tebdf&triedRedirect=true&utm_medium=email" target="_blank" rel="noopener">wrote Robert Sinn of Goldfinger Capital on March 25</a>. "Should gold fail to sustain above US$4,500/oz over the next couple of trading sessions, it would likely mean a retest of Monday morning's washout low near US$4,100 is in order." <a href="https://www.cnbc.com/2026/03/25/gold-prices-oil-us-iran-talks-goldman-forecast-trimp-middle-east-inflation.html" target="_blank" rel="noopener">Daan Struyven, Co-Head of Global Commodities research at Goldman Sachs, addressed the lowered gold prices</a> and argued that the price of gold is simply stabilizing after its strong rally. He also points to the war as a cause of investor concern: "Episodes of extreme market stress can . . . pressure bullion, as investors facing margin calls tend to sell gold alongside other assets." With the suggestion of peace talks between the U.S. and Iran, though, ". . . Spot gold prices added nearly 2% an ounce to US$4.588.81. Gold futures for April delivery rose more than 3% to US$4.558.60 per ounce," on March 24, 2026, <a href="https://www.cnbc.com/2026/03/25/gold-prices-oil-us-iran-talks-goldman-forecast-trimp-middle-east-inflation.html" target="_blank" rel="noopener">according to Lee Yin Shan for CNBC</a>. <h2 style="text-align: center;">Analysts Claim Excitement Over Heliostar's Future</h2> <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/heliostar-metals-3/" target="_blank" rel="noopener">Jeff Clark and Jeff Valks of The Gold Advisor noted</a> on March 24, 2026, that Heliostar had released an indicated mineral resource for the Goldstrike Project of 975,000 ounces grading 0.46 g/t gold, plus an inferred resource of 90,000 ounces grading 0.31g/t gold. Valk goes on to call the measurement a meaningful scale for a staged acquisition, as this. . . is a former producer with infrastructure nearby and a known Carlin-style system already drilled from multiple angles. After giving the company a "Buy" rating, Valks wrote about his and Clark's standings in regard to Heliostar: "I hold a long position, Jeff Clark maintains an overweight position and is not taking profits despite sitting on a large gain." Analysts Guy, Bell, Norris, Fitzpatrick, and Ashfield of Hannam and Partners declared a target valuation of CA$7.41 per share, writing that they were particularly excited by Heliostar's Corner Expansion zone, which, "demonstrate[es] a mineralisation corridor extending 200m beyond the pit boundary and indicating that some material currently classed as waste in the mine plan could now be economically added to the leach pad." [OWNERSHIP_CHART-10041] <h2 style="text-align: center;">Catalysts</h2> <a href="https://www.heliostarmetals.com/_resources/presentations/corporate-presentation.pdf?v=032508?v=1774305384" target="_blank" rel="noopener">CEO Charles Funk is quoted on the company website</a>, saying, "Heliostar aims to be a premier precious metals growth company; producing more than 500,000 ounces of gold per year by 2030. Building mines in the 100-250kozpa production space has been abdicated by the major mining companies. Gold deposits regularly grow larger, and this space is a proven pathway to building a multi-billion-dollar business." The company is currently developing <a href="https://www.heliostarmetals.com/_resources/presentations/corporate-presentation.pdf?v=032508?v=1774305384" target="_blank" rel="noopener">three projects</a> in Mexico. Its primary development project, Ana Paula, has commenced 20,000 meters of drilling and has another feasibility study planned for the first half of 2027. The Cerro del Gallo Project is currently undergoing permitting, while its San Antonio Project is under study. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Heliostar Metals Ltd. has a market cap of CA$574.18 million. The company has 276.05 million shares outstanding, and its 52-week range is CA$0.80-CA$3.47. Management and Insiders own 2.1% of shares, while Strategic Investors own 14.14%. Institutions own 23.51% of shares, and the remaining 60.25% of shares are retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Liberty Gold Corp. is a billboard sponsor of Streetwise Reports.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Heliostar Metals.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li> </ol> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30834"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30834" width="0" height="0"> ( Companies Mentioned: HSTR:TSX.V; HSTXF:OTC; RGG1:FRA, ) Thu, 26 Mar 2026 00:00:00 PST Explorer With High-Grade Gold in New Zealand Launches OTCQB Trading https://www.streetwisereports.com/article/2026/03/25/explorer-with-high-grade-gold-in-new-zealand-launches-otcqb-trading.html Source: <a href="https://www.streetwisereports.com/article/2026/03/25/explorer-with-high-grade-gold-in-new-zealand-launches-otcqb-trading.html?utm_medium=feed">Streetwise Reports 03/27/2026</a> KO Gold Inc.'s (KOG:CSE) shares begin trading on the OTCQB Venture Market. Read why one analyst says the stock has upside potential.<a href="https://www.streetwisereports.com/pub/co/10970?utm_medium=feed" target="_blank" rel="noopener">KO Gold Inc. (KOG:CSE)</a> announced that its common shares began trading on the OTCQB Venture Market on March 20 under the ticker symbol "KOGDF," <a href="https://kogoldnz.com/news/ko-gold-announces-commencement-of-otcqb-trading/" target="_blank" rel="noopener">according to a March 23 release</a>. This listing on the OTCQB represents a significant achievement for the company as it continues to develop its extensive land holdings in the Otago Gold District on New Zealand’s South Island and gears up for a busy exploration and drilling season in 2026. "Listing on the OTCQB marks a key milestone for KO Gold as we expand our market presence and improve accessibility for U.S. investors," President and Chief Executive Officer Greg Isenor said. "We believe this broader North American exposure will help grow our shareholder base and enhance the Company’s profile at a pivotal time, as we advance exploration in the Otago Gold District in New Zealand and maintain a steady flow of news.” The OTCQB, managed by OTC Markets Group Inc., is a well-recognized U.S. public market designed for entrepreneurial and development-stage companies that comply with current reporting standards. Trading on the OTCQB is anticipated to increase the company's visibility among U.S. investors and facilitate easier trading of its shares in U.S. dollars during U.S. market hours. Investors can access real-time quotes and market information for KO Gold on the OTC Markets website under the ticker "KOGDF," which is expected to enhance liquidity and attract broader investor participation. KO Gold’s common shares will also continue to be traded on the Canadian Securities Exchange under the symbol "KOG". <h2 style="text-align: center;">An Active 2026 Exploration Season</h2> <a href="https://www.streetwisereports.com/article/2026/03/17/gold-explorer-with-high-grade-new-zealand-prospects-adds-otcqb-listing.html?utm_medium=feed" target="_blank" rel="noopener">KO has planned an active exploration and drilling season</a> in 2026 within the Otago Gold District of New Zealand's South Island, where it holds a significant land position. The company controls four 100%-owned exploration permits — Smylers Gold, Glenpark, Hyde, and Carrick — covering approximately 190 km². Additionally, KO Gold is awaiting approval of the Carrick Range exploration permit south of its Carrick permit expanding its exploration footprint to 400 km². KO Gold holds net smelter return (NSR) royalty interests on three additional permits in the region covering an additional 240 km². Over the past five years, KO Gold has invested over CA$3 million in various exploration activities across these permits, including both reverse circulation (RC) and diamond drilling at the Smylers Gold EP. This groundwork has identified multiple high-priority drilling targets, informed by geological mapping, geochemical surveys, and the analysis of historical exploration data. Drilling is set to commence at the Smylers Gold EP, which is adjacent to OceanaGold's Macraes Mine. The focus here is to test the continuity of previously intersected gold mineralization and to expand known zones of mineralization. Similarly, drilling at the Carrick EP will target the historic Carrick Goldfield, aiming to validate significant historical gold intersections through twin holes and step-out drilling. KO Gold is also finalizing an access agreement with the New Zealand Department of Conservation to allow drilling on DOC lands within the Carrick Goldfield. Historical drilling in this area has revealed multiple zones of gold mineralization associated with fault zones, featuring high-grade quartz vein systems that have yet to be fully tested by modern exploration techniques. KO Gold plans to commence its RC and diamond drilling programs in Q2 2026, starting with the Smylers Gold EP and then moving to the Carrick EP. Additional surface exploration programs and drilling across other permits are scheduled throughout 2026 as part of an expanded exploration campaign in the Otago Gold Belt. New Zealand's transparent Crown Minerals permitting framework, coupled with a fast-track approvals regime, provides a stable and competitive environment for mining investments. With its strategic land holdings along key structural corridors in the Otago Gold Belt, KO Gold is well-positioned for potential district-scale hard-rock gold discoveries. "KO Gold has assembled a highly prospective land position in the Otago Gold Belt, and we are now preparing to test several priority targets through drilling," Isenor said. He highlighted the company's excitement about entering a vigorous phase of exploration in a district experiencing a resurgence, further underscored by the progress of nearby projects like Santana Minerals' Bendigo-Ophir project. The company's OTCQB listing is expected to further enhance investor visibility as it advances its exploration initiatives across the Otago gold portfolio. <h2 style="text-align: center;">Analyst: Possible New Upward Trend</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/25/breakout-momentum-as-exploration-and-technical-recognition-builds.html?utm_medium=feed" target="_blank" rel="noopener">In a February 25 analysis by Technical Analyst John Newell of John Newell & Associates</a>, significant advancements were highlighted in KO Gold's operations within the historic Otago Gold District on New Zealand's South Island. The company has shifted from quietly establishing its presence to showcasing substantial technical advancements in its exploration efforts. Recently, KO Gold's stock has emerged from an extended period of consolidation, reaching its initial technical target and capturing the attention of both technical traders and investors focused on fundamentals. KO Gold has strategically concentrated its exploration activities within the Otago Gold District, holding approximately 400 square kilometers of exploration permits. According to Newell, this focused approach situates the company along critical structural trends known for significant discoveries and existing mining operations, providing a unique blend of scale and prime location within the junior mining sector. At the heart of KO Gold’s portfolio is the Smylers Gold Project, positioned just southeast of the Macraes Gold Mine, which is the largest active gold operation in New Zealand. Both historical and recent drilling efforts at Smylers have consistently revealed substantial gold mineralization, with soil geochemistry indicating an extension of the mineralized structure into the lesser-explored Smylers East area. The company has verified over four kilometers of strike length along the Hyde-Macraes Shear Zone, suggesting potential for further expansion. Recent updates from the company include the completion of a financing round and the initiation of targeted drilling to investigate high-grade mineralized zones. These efforts reinforce the belief that the structural system at Smylers is more extensive and continuous than previously recognized. From a technical analysis standpoint, KO Gold's stock has recently surpassed a critical resistance level near CA$0.30, accompanied by a significant increase in trading volume. This breakthrough indicates a possible new upward trend, bolstered by robust market interest. Newell projects the next price targets at approximately CA$0.50 and CA$0.60, with a long-term objective around CA$0.90, reflecting the potential magnitude of the base when projected higher. "For investors willing to accept exploration risk in exchange for leveraged exposure to potential discovery, KO Gold Inc. remains a Speculative Buy at current levels at CA$0.30," Newell stated. He emphasized that there is considerable upside potential as the technical structure evolves and forthcoming drill results further delineate the scale of the system. <h2 style="text-align: center;">The Catalyst: Oil Drops as Gold Recovers</h2> Gold prices saw a notable increase on Wednesday, with spot gold rising nearly 2% to US$4,551.50 an ounce, and gold futures for April delivery climbing over 3% to US$4,565.60 per ounce, <a href="https://www.cnbc.com/2026/03/25/gold-prices-oil-us-iran-talks-goldman-forecast-trimp-middle-east-inflation.html" target="_blank" rel="noopener">reported Lee Ying Shan for CNBC on March 25</a>. This surge came as oil prices dropped, alleviating some concerns about persistent inflation amid ongoing efforts by the U.S. to resolve the conflict in the Middle East. President Donald Trump revealed on Tuesday that the U.S. and Iran are currently engaged in negotiations, suggesting that Iran is keen on reaching a peace agreement. This statement came after Trump decided to hold off on his recent threat to strike Iranian energy infrastructure, citing ongoing negotiations as the reason, the report said. In a related development, Tehran announced that it would allow "non-hostile" vessels to pass through the Strait of Hormuz, provided they comply with specific safety and security measures and do not engage in aggressive actions against Iran. This decision comes after the blockade of this crucial oil shipping route contributed to a significant rise in energy prices since the conflict began nearly four weeks ago. Despite the gains, gold prices are still approximately 17% below their peak at the end of January, Shan noted. Goldman Sachs attributed the recent decline in gold prices to patterns consistent with historical trends, driven by expectations of higher interest rates and market volatility. Daan Struyven, co-head of global commodities research at Goldman Sachs, explained in a media briefing that the decline was not surprising and noted that rising rate expectations have particularly impacted investor demand for gold-backed ETFs, which are sensitive to rate changes. Struyven also mentioned that episodes of extreme market stress could lead investors to sell gold along with other assets to cover margin calls. Despite these challenges, Goldman Sachs maintains a structurally bullish view on gold, projecting a price of US$5,400 by year-end, the CNBC piece reported. This optimism is supported by continued central bank purchases as countries look to diversify into assets that carry lower geopolitical and financial risks. Gold prices are currently facing challenges due to rising inflation fears and a strong U.S. dollar, which are dampening investor enthusiasm, <a href="https://www.kitco.com/news/article/2026-03-24/central-banks-reactions-rising-inflation-weighing-gold-prices-says-tds-bart" target="_blank" rel="noopener">wrote Neils Christensen for Kitco News on March 24</a>. However, the overall macroeconomic environment continues to support the value of gold in the long term. In a discussion with Kitco News, Bart Melek, the head of commodity strategy at TD Securities, explained that while geopolitical tensions usually bolster gold prices, the current market dynamics are heavily influenced by increasing bond yields and the anticipation that central banks will maintain a tighter monetary policy for an extended period. Melek emphasized the critical role of interest rates in determining gold's performance, stating, "In the end, it's all about interest rates." [OWNERSHIP_CHART-10970] He highlighted that despite the escalating geopolitical crisis, gold has not rallied significantly, illustrating its heightened sensitivity to real yields. While gold is traditionally seen as a safeguard against inflation, Melek pointed out that inflation on its own does not necessarily lead to higher gold prices. Rather, it is the interplay between inflation and interest rates that is crucial. "Gold people always say inflation, inflation — that’s true, but it’s not sufficient," he remarked. "It's really the relative value of other assets, mainly Treasuries." Melek also identified the recent sharp increase in crude oil prices, fueled by ongoing conflicts in the Middle East, as a significant factor that is intensifying inflationary pressures and complicating the Federal Reserve’s approach to policy. <h2 style="text-align: center;">Ownership and Share Structure2</h2> About 17.5% of the company is owned by insiders and management, the rest is retail. KO Gold’s market cap is CA$6.26 million with 42.88 million shares outstanding. It trades in a 52-week range of CA$0.15 and CA$0.35. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>KO Gold Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of KO Gold Inc.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <ol> <li>Disclosure for the quote from the John Newell article published on February 25, 2026</li> </ol> <ol> <li>For the quoted article (published on February 25, 2026), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,550.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. <ol> <li>Ownership and Share Structure Information</li> </ol> The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30832"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30832" width="0" height="0"> ( Companies Mentioned: KOG:CSE, ) Fri, 27 Mar 2026 00:00:00 PST Co. Withdraws Appeal Involving Gold Developer's Major BC Project https://www.streetwisereports.com/article/2026/03/24/co-withdraws-appeal-involving-gold-developers-major-bc-project.html Source: <a href="https://www.streetwisereports.com/article/2026/03/24/co-withdraws-appeal-involving-gold-developers-major-bc-project.html?utm_medium=feed">Streetwise Reports 03/24/2026</a> Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) says Tudor Gold Corp. dropped its appeal of a major decision affecting its KSM Project as it searches for a partner.<a href="https://www.streetwisereports.com/pub/co/700?utm_medium=feed" target="_blank" rel="noopener">Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT)</a> announced that Tudor Gold Corp. has officially withdrawn its appeal with the Supreme Court of British Columbia concerning a prior decision by the Chief Gold Commissioner (CGC), <a href="https://www.seabridgegold.com/press-release/tudor-abandons-appeal-of-the-bc-chief-gold-commissioner-s-decision-pertaining-to-seabridge-gold-s-ksm-s-mitchell-treaty-tunnels-mtt">according to a March 19 release</a>. This decision, dated May 28, 2025, saw the CGC refuse to consider Tudor's request for a ruling that Seabridge’s KSM Mitchell Treaty Tunnels (MTT) Conditional Mineral Reserve (CMR) should either not be applicable to Tudor or be entirely cancelled. Tudor's withdrawal from the appeal process effectively accepts the CGC’s original ruling regarding her jurisdiction over the matter. Seabridge initially reported Tudor's move to appeal on July 14, 2025. The CMR in question mandates that the current holders of the mineral claims, which include the path of the MTT, must not disrupt, endanger, or interfere with the MTT’s construction, operation, or maintenance. This stipulation has been upheld by the BC Ministry of Mines representatives repeatedly for more than a decade. The MTT itself is an essential part of the KSM Project infrastructure, comprising two parallel tunnels that link the eastern and western sections of the mine site. Tudor owns approximately 12.5 kilometers of the mineral claims that the MTT traverses. Seabridge Chair and Chief Executive Officer Rudi Fronk expressed approval of Tudor’s decision to drop the appeal, which he noted was baseless from the start. "We applaud Tudor's decision to abandon its appeal, which lacked any merit from the outset," Fronk said. "This action reinforces our position that the authorizations issued in favor of the MTT do not give Seabridge any interest in Tudor’s mineral rights." <h2 style="text-align: center;">Analyst: Several Near-Term Catalysts for Company</h2> On March 12, 2026, RBC Capital Markets analyst Josh Wolfson released a precious metals estimate changes note on Seabridge, maintaining an Outperform rating with a Speculative Risk qualifier and increasing the price target from US$63.00 to US$71.00. This adjustment reflects improved project economics and Seabridge's strong positioning to advance its flagship KSM project. The new US$71.00 price target is derived from a 0.40x target multiple on the firm's NAV₅% estimate, which is a discount compared to peers, accounting for the early-stage nature of the KSM project, potential partnership opportunities, unmodeled resources and projects, and the complexities and costs of construction. At the time of the report, SA shares were trading at US$33.89 on the NYSE, with the price target suggesting a potential return of about 104%. KSM, located in British Columbia, is a significant gold-copper asset with enhanced project economics due to an updated Preliminary Feasibility Study (PFS) and improved regional infrastructure, including a paved highway, port, and airstrip. The company is actively seeking a senior partner to further study and potentially construct the project. Wolfson highlighted several near-term catalysts for Seabridge, including a potential partnership announcement, feasibility study work, further optimization of the KSM project, and exploration results from the Iskut and 3 Aces properties. Financially, Seabridge is a pre-revenue development-stage company with annual corporate costs projected at about CA$18 million. RBC forecasts an adjusted EPS of (CA$0.45) in 2025, improving to (CA$0.19) in 2026, but then widening to (CA$0.39) and (CA$0.89) in 2027 and 2028, respectively, as capital expenditures increase significantly. The firm's NAV is estimated at US$181.78 per share, with shares currently trading at just 0.19x NAV. The KSM open pit deposits are the primary value driver, estimated at a net asset value of US$18,650 million, or US$178.23 per share. Additional assets include the KSM block cave deposits, Courageous Lake, Iskut, 3 Aces, and Snowstorm. Capital expenditure requirements are substantial, with RBC modeling approximately CA$214 million in 2026, escalating to CA$3.2 billion in 2027 and CA$3.5 billion in 2028 as potential construction begins, resulting in deeply negative free cash flow through the forecast horizon. Total Proven & Probable Reserves stand at 53.8 million ounces of gold and 7.3 billion pounds of copper, with Total Measured & Indicated resources of 100.5 million ounces of gold and 20.1 billion pounds of copper. Wolfson also outlined several key risks, including partnership risk, which is crucial as Seabridge's valuation and recommendation "largely depend on Seabridge finding first a partner to advance and fund a feasibility study, and then to assume operatorship of the project through construction and production." Other risks include sensitivity to gold and copper prices, uncertainty in construction capital expenditures, the project's remoteness and weather challenges, permitting requirements, project financing dependent on a future partnership, and potential opposition from local groups. Cantor Fitzgerald recently increased its target price for Seabridge following an upward revision of its gold and silver price forecasts, <a href="https://www.streetwisereports.com/article/2026/01/21/target-price-raised-on-gold-mining-co.html?utm_medium=feed">according to Mike Kozak in a macro note dated January 12</a>. The financial services firm anticipates that the rising prices of gold and silver will start to significantly enhance Seabridge's margins, earnings, and cash flow beginning with the fourth quarter of 2025 results, which are expected to be reported in late February, and will further accelerate in the first quarter of 2026. Cantor has set a new target price for Seabridge at CA$66 per share, which implies a 72% return, as highlighted by Kozak. The firm maintains a Buy rating on the company. <h2 style="text-align: center;">'A Rare Convergence of Factors'</h2> Technical Analyst John Newell of Newell & Associates, <a href="https://www.streetwisereports.com/article/2025/12/23/a-multi-decade-setup-meets-one-of-the-worlds-largest-gold-projects.html?utm_medium=feed" target="_blank" rel="noopener">in a recent article for Streetwise Reports dated December 23, 2025</a>, highlighted Seabridge Gold Inc.'s strategic management of the KSM project, one of the world's largest undeveloped gold-copper ventures. Over the past two decades, Seabridge has carefully assembled, permitted, and developed KSM, positioning it to leverage emerging favorable market conditions both fundamentally and technically. The project, which is fully permitted and bolstered by strong Indigenous agreements, is on track to become a significant multi-decade production project on a global scale. With gold and copper prices on the rise, the market is beginning to recognize the significant leverage that KSM holds. Newell pointed out that Seabridge shares are currently breaking out from a multi-year base that has been forming for over a decade. He explained, "From a technical perspective, Seabridge shares are emerging from a multi-year base that spans more than a decade. Breakouts of this magnitude are typically driven by fundamental re-rating events, not short-term momentum. The combination of rising gold prices, advancing partnership discussions at KSM, and a clear plan to unlock value from Courageous Lake creates a rare convergence of factors." Newell has rated Seabridge as a Speculative Buy, noting it as a compelling choice "for investors who understand the power of scale, scarcity, and optionality in a new gold cycle. With two world-class assets now on separate paths, and a long-term chart pointing higher, Seabridge offers leverage that is increasingly difficult to find in the gold sector." <h2 style="text-align: center;">The Catalyst: Gold Recovers, But Still Volatile</h2> On Tuesday, gold prices experienced a slight recovery from earlier declines but remained deep in bear market territory, influenced by a strengthening U.S. dollar and rising Treasury yields which have diminished the appeal of the precious metal, <a href="https://www.cnbc.com/2026/03/24/gold-sinks-deeper-into-bear-market-territory-as-sell-off-extends.html" target="_blank" rel="noopener">according to a March 24 report on CNBC by Joseph Wilkins and Lee Ying Shan</a>. Spot gold was observed trading down by 1% at US$4,370.29 per ounce, while gold futures for April delivery decreased by 0.8% to US$4,371.50 per ounce. The dollar index, a gauge of the U.S. dollar's value against a basket of foreign currencies, saw an increase of 0.4% on the same day. The strengthening dollar adversely affects the price of gold, which is priced in dollars, as it becomes more costly for investors holding other currencies. Since reaching a record peak of US$5,594.82 per ounce at the end of January, spot gold has shed 21% of its value. This includes a nearly 10% drop last week, marking its most significant decline since September 2011. Concurrently, the dollar index has risen approximately 3% since the onset of the war. Market analysts, including Rajat Bhattacharya, a senior investment strategist at Standard Chartered, have noted a combination of macroeconomic factors and market positioning contributing to gold's recent price movements. "Although gold initially gained due to safe haven demand at the start of the [Iran] conflict, prices have recently pulled back," Bhattacharya explained in an email to CNBC. He further elaborated that such patterns are common during times of increased market volatility, as investors might liquidate holdings to cover margin calls or to lock in profits. Additionally, he pointed out that the dollar's recent surge has also dampened demand for gold. Central bank demand has significantly fueled the rally in gold prices since late 2022, but this trend may be waning as the ongoing war in Iran shifts global priorities towards energy security and economic stability, potentially sidelining reserve diversification efforts, <a href="https://www.kitco.com/news/article/2026-03-23/gold-price-struggle-official-reserve-accumulation-not-central-bank-priority" target="_blank" rel="noopener">noted Neils Christensen for Kitco News on March 23</a>. This comes at a critical time for the gold market, which has just seen its steepest weekly drop since the 1980s. Rob Haworth, Senior Investment Strategist at U.S. Bank Wealth Management, noted that gold reached a speculative peak earlier this year and, despite achieving record highs in late January, has since struggled to maintain momentum amidst escalating geopolitical tensions — a notable deviation from its usual role as a safe haven. Haworth suggests that this anomaly in gold's behavior signals a larger transformation in market dynamics, where rising nominal and real interest rates are diminishing the attractiveness of the metal. Contrary to expectations, investors are opting for liquidity, primarily the U.S. dollar, over traditional safe havens like gold or Treasuries, even as government bond yields hit multi-month highs due to inflation and supply concerns. [OWNERSHIP_CHART-700] He pointed out that even inflation-protected securities (TIPS) are vulnerable, stating, "They're duration-sensitive too, and you've got higher real yields moving up, so they're getting hurt." Additionally, speculative positioning in gold is increasingly becoming a challenge. Haworth highlighted that the US$4,500 level is a critical psychological barrier, with potential for further declines if market pressures force investors to liquidate positions. "Speculators are now faced with a difficult decision. I think many were trying to wait out the volatility in February, just waiting to see what would happen, but a lot of that money is now underwater," he remarked. "It might only get worse." <h2 style="text-align: center;">Ownership and Share Structure1</h2> Management and insiders hold approximately 3% of the company, while institutions own about 62%. The remainder is held by retail investors. Friedberg Mercantile Group Ltd. holds 15.49%, Pan Atlantic Bank and Trust owns 10.23%, Van Eck Associates Corp. has 6.86%, and Kopernik Global Investors L.L.C. possesses 6.69%. There are around 104.35 million shares outstanding, with the company having a market cap of CA$3.68 billion and trading within a 52-week range of CA$13.44 to CA$54.29. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Seabridge Gold Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Seabridge Gold Inc.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30827"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30827" width="0" height="0"> ( Companies Mentioned: SEA:TSX; SA:NYSE.MKT, ) Tue, 24 Mar 2026 00:00:00 PST