Jordan Rusche, Founder of Mining Stock Monkey, joins me for an in-depth and nuanced discussion on the recent volatility in oil prices, gold and silver prices, and his approach to valuing precious metals mining stocks and royalty companies; along with which companies he is actively trading in his portfolio.

We start out catching up on how the war in the Middle East has spiked the oil price over the past month, allowing savvy energy companies to go out on the forward futures curve and hedge partial amounts of future production at much higher levels.

• We revisited the value proposition synergies from ongoing business combination of Devon Energy (NYSE: DVN) and Coterra Energy (NYSE: CTRA) which announced an all-stock merger back in February. The business combination will create a leading large-cap shale operator with a high-quality diversified asset base in the Delaware Basin, Permian Basin, Marcellus Shale, and Anadarko Basin. We discussed the additional natural gas assets that will give the pro-forma company better margins, and secondary value lever beyond the rising oil prices.

Next we shifted over to some of the valuations in the gold stocks in light of the large corrective moves we saw across the board during the month of March.

• Jordan breaks down that these big pullbacks have him looking anew at quality development companies, like Rupert Resources Ltd (TSX: RUP) (OTCQX: RUPRF) (FSE:R05), that have dropped precipitously in market cap and share price and are presenting a compelling accumulation environment.
• He also remains animated by the continued the growth on tap for royalty and streaming companies, highlighting Royal Gold, Inc. (NASDAQ: RGLD) as undervalued on a number of fundamental metrics compared to all their larger peers.
• Secondly, Jordan highlights that he is able to gain access to copper and other metals by way of investments in Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF), Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE), and Orogen Royalties (TSX.V: OGN – OTCQX: OGNNF).

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Marco Roque, President and CEO of Cassiar Gold (TSX.V:GLDC – OTCQX:CGLCF), joins me for a comprehensive visual company overview and update on all the exploration and development work completed to date and that remains on tap for 2026; as they continue expanding the Cassiar Gold project, located in northern British Columbia.

We start off reviewing the jurisdiction and topography, large degree of sunk costs and infrastructure in place across larger Project; including an existing mill and tailings facilities, road access right onto the property, power access, and small camp in place.

Marco outlines all the historic exploration and development work completed over the last handful of yeas at Cassiar North.  Marco breaks down the 2.3 million ounces of gold in all categories at the bulk tonnage resources in place at the main Taurus Deposit.

• He also highlighted the nearby areas along trend that have been receiving ground exploration and drilling at the Wings Canyon, Hopeful, Auroch, and Newcoast targets.
• In particular, the exploration team is animated by the potential at Newcoast area to be similar to Taurus in grade, scale, and potential depth; especially after the successful drilling here during the 2025 program. Newcoast is not yet included in the resources, and could be a key area for mineral expansion.
• Additionally, there are regional targets like Lucky and Snow Creek that have early indications that they may host similar Taurus-Style mineralization, alteration, and veining.

Today, on April 2^nd, the Company announced it has initiated a Preliminary Economic Assessment (“PEA”) for the property’s Taurus deposit, having selected Ausenco, a globally recognized engineering, consulting, and project delivery firm with a proven track record in all phases of project development. The Company is targeting the completion of the PEA in Q3 2026, and it will be based on the recently updated foundational resource at the bulk-tonnage Taurus deposit.

• The Taurus deposit comprises an Indicated Mineral Resource of 8.8 million tonnes at 1.43 grams per tonnes (g/t) gold for 410,000 ounces with an additional 63.2 million tonnes with 1.93 million ounce at 0.95 g/t gold Inferred.

Shifting down to Cassiar South, we review the number of past producing mines, and high-grade nature to the broader veins in the mineralization on this part of the Project.

• The company will be drilling here again in 2026, after taking a few year to focus on growing Cassiar North, and is doing internal scoping studies to consider fast-tracking the potential development into smaller-scale production in this higher metals price environment.
• They are also reviewing underground portals and mill refurbishment to assess what would be needed for an expedited move into production.
• None of the prior drilling or known historic resources at Cassiar South are included in the current Mineral Resource Estimate.  

We wrap up getting into the experience of the management team and board of directors, the key stakeholders and analyst coverage, financial health of the company treasury to keep executing on the work programs in 2026, and their undervaluation on several metrics compared to peers, highlighting the potential for rerating.  

If you have any questions for Marco on Cassiar Gold, then please email them to me at Shad@kereport.com.

 Click here to follow the latest news from Cassiar Gold

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In this episode, we are joined by Joel Elconin, co-host of the Pre-Market Prep show and founder of the Stock Trader Network. Joel provides a candid assessment of the current “muddled” market environment, characterized by excessive volatility and a lack of clear direction.

The discussion dives deep into the macroeconomic headwinds currently facing investors, including the inflationary impact of rising crude prices and the potential shift in Federal Reserve policy toward rate hikes rather than cuts. Joel also explores the internal fragility of the financial system, specifically the pressures mounting in the banking sector and the burgeoning risks within private credit.

Click here to visit Joel’s PreMarket Prep website – https://www.premarketprep.com/

Click here to visit the Stock Trader Network – https://www.stocktradernetwork.com/

Stocks Mentioned: Microsoft (MSFT), Meta (META), Amazon (AMZN), NVIDIA (NVDA), Micron (MU), Oracle (ORCL), Lennar (LEN), ConocoPhillips (COP), Nike (NKE).

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Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this Company Update, I chat with Tara Christie, President and CEO of Banyan Gold (TSX.V: BYN | OTCQB: BYAGF), and Patrick Langlois, the newly appointed VP of Strategy and Corporate Development. With a massive gold resource (over 7.7mil oz gold indicated + inferred) already established at the AurMac Project in the Yukon, the team discusses how recent high-grade silver results and strategic leadership are shifting the company’s trajectory from exploration toward a development story.

Key Discussion Points:

• High-Grade Silver Discoveries: Tara outlines the significance of the March 16th news release, which highlighted an intercept of over 3,400 g/t silver over 1.4 meters.
• Strategic Leadership: Patrick Langlois shares what drew him to Banyan after his successful tenure at Probe Gold.
• 2026 Development Catalysts: The company is currently executing a 50,000-meter drill program with five rigs active on-site. This work is focused on converting waste to ore and refining the geological model in preparation for an updated Mineral Resource Estimate and a Preliminary Economic Assessment (PEA) due in the second half of 2026.

If you have any follow up questions for Tara please email me at Fleck@kereport.com. 

Click here to visit the Banyan Gold website – https://banyangold.com/

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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this company update, I am joined by Mike Burke, Director and Vice President of Corporate Development at Sitka Gold (TSX.V: SIG | OTCQB: SITKF). Mike provides more details on the updated Resource Estimate (now at 5.12mil gold oz in indicated + inferred), a new Director, a proposed spin out of assets in Nevada and Arizona, and an update on the large exploration program currently underway at the RC Gold Project in the Yukon.

Key Discussion Points:

• Expanded Mineral Resource Estimate: Mike breaks down the recently filed technical report detailing the 5.2 million ounce gold resource, specifically highlighting the higher-grade near-surface material at the Blackjack and Rosgobel deposits.
• Asset Spin-Out Strategy: Analysis of the plan to spin out the Nevada and Arizona assets – Alpha Gold and Burro Creek.
• Strategic Board Appointments: The addition of Caroline Hendrick brings specialized expertise in securities law as the company advances the project.
• The 60,000m Drill Program: An update on the multiple rig operation currently active at RC Gold, focused on expanding the resource and testing new targets.
• Tungsten By-product Potential: Initial insights into the re-assaying of 34 drill holes to quantify significant tungsten concentrations discovered alongside the gold mineralization.

If you have any follow up questions for the team at Sitka Gold please email me at Fleck@kereport.com. 

Click here visit the Sitka Gold website to learn more about the Company – https://sitkagoldcorp.com/

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Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this Company Update, I am joined by Eric Roth, President and CEO of Capella Minerals (TSXV: CMIL | OTCQB: CMILF), for a comprehensive exploration update on the company’s projects in Finland and Spain. Backed by the funding and earn-in partnership with Tumad, the company is testing high-grade gold and copper targets across a portfolio of projects in Finland and Norway.

Key Discussion Points:

• Killero East Drill Program Completion: Eric provides details on the recently completed almost 2,000-meter diamond drilling program at the Killero East gold-copper project, discussing the timeline for upcoming assay results.
• New Gold Targets in Finland: An overview of the base-of-till (BOT) sampling currently underway at the Seisunselka and Jolhikko targets, located about 10km west of Killero East in the Central Lapland Greenstone Belt.
• Finnish Portfolio Pipeline: A look ahead at the drill-ready targets at Killero West which id slated for follow-up work during the summer 2026 campaign.
• Spanish Copper-Gold Expansion: Updates on the new portfolio in Southern Spain, where geophysical surveys are targeting high-grade iron oxide-copper-gold (IOCG) systems similar to those found in world-class districts in Brazil and Australia.
• Tumad Earn-In Agreement: A breakdown of the 2026 work commitments, including the 12,000-meter total drill commitment across Finland and Norway.

If you have any follow up questions for Eric please email me at Fleck@kereport.com. 

Click here to visit the Capella Minerals website to learn more about the Company. 

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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

[Recorded March 31^st, 2026] Sean Brodrick, Editor of Wealth Megatrends, Supercycle Investor, Resource Trader, and contributing analyst to Weiss Ratings Daily, joins us to review how he is trading these volatile markets on the back of Middle East geopolitics, and a positive upswing in many sectors, including the precious metals and critical minerals stocks on the last day of March. We look ahead to April, and the trends he’ll be watching most closely.

We discuss the ever-shifting narratives on the Middle East war, and the longer-term implications for oil prices, which he believes will remain more elevated than prior to this conflict, and won’t be going back down to where they were previous to this month. 

• He is holding onto many of the oil and gas names in his portfolio, but understands why some investors may want to pull some profits after very nice moves higher.
• If there is more consolidation, then Sean is most interested in adding some of the mid-cap producers.

With regards to the precious metals, Sean remains bullish for gold and silver for the medium-term to longer, because all the broader fundamental macroeconomic and geopolitical factors are still in place and haven’t changed.

• While the central bank of Turkey has been selling gold to support their currency, and some countries in the Middle East have been rumored to be selling gold to counter losses in energy revenues, he believes that selling pressure will subside if a resolution is reached with regards to the Strait of Hormuz.
• He doesn’t feel the bull market in precious metals has been negated, despite all the downside price action since the January peak, as long as gold holds above $4,100.

Sean and his subscriber still have good exposure to gold and silver stocks, but are now considering buying back or adding to positions that they had trimmed back in January after the big sector correction during the month of March, but constructive recent bounce.

• He highlighted Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) as stock that sold off hard after their recent earnings, due to higher costs from more capital spending that investors were expecting, but it also reversed back up strong to close up the month along with the sector.
• He sees moments like this as examples of where investors that missed a stock on the way up the first time, get another opportunity to accumulate into pullbacks.

With regards to the critical minerals stocks; a wide range of the antimony, tungsten, and rare earth stocks had a big surge on the last day of March, along with the rest of the metals complex, and he noted that many will still benefit from future government funds and policy initiatives to support these important inputs into infrastructure and defense.

• He highlighted that he and his subscribers had done well in United States Antimony (NYSE American: UAMY)and continue to look for opportune times to add into weakness, since the US government has a been a customer and strategic partner.  They are also partnered with Americas Gold and Silver in a JV to build an antimony processing plant in Idaho, to keep their production and processing domestic.

• Sean also highlights the positive news from Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) on March 31^st, where the Board of the Export-Import Bank of the United States (“U.S. EXIM”) unanimously agreed to notify Congress of a proposed $2.7 billion senior secured long-term loan for development of Perpetua’s Stibnite Gold Project.
• With regards to a rare earth stock bouncing at month end, that may be offering a compelling entry point after a larger correction, he flagged Critical Metals Corp. (Nasdaq: CRML) as a stock he is watching more closely.

Click here to follow along with Sean’s work at Weiss Ratings Daily and Wealth Megatrends

.

Click here to learn more about Resource Trader

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John Miniotis, President and CEO of AbraSilver Resource Corp (TSX: ABRA) (OTCQX: ABBRF), joins us to review the news out March 30^th, reporting on the initial drill results from its ongoing Phase VI exploration program, including results from Condoryacu and Oculto East. We also discussed the upcoming catalysts of the updated Mineral Resource estimate (“MRE”), Definitive Feasibility Study (“DFS”), Environmental Impact Assessment (EIA) permit, and ongoing Phase 6 Exploration Program for the balance of 2026.

The Company announced that it has completed the acquisition of the Condoryacu and Maria Amalia properties, located immediately adjacent to its flagship Diablillos project in Argentina. The acquisitions were completed following final payments of US$2.5 million for the Condoryacu property and US$250,000 for the María Amalia concession, as previously announced on February 17, 2026.

At Condoryacu, initial confirmatory drilling has returned very strong results, including a broad, high-grade intercept of 72 metres grading 18.7 g/t gold, 117 g/t silver and 2.06% copper beginning at surface. These results confirm the presence of a high-grade precious and base metal mineralized system that appears to be related to the broader Oculto-JAC hydrothermal system at Diablillos. The 72-metre intercept grading 18.7 g/t gold represents the strongest gold grade-thickness intersection ever reported within the broader Diablillos district.

At Oculto East, the first drill hole of the Phase VI campaign (DDH 26-001) intersected a broad, continuous zone of oxide gold and silver mineralization extending beyond the limits of the current conceptual open pit, further demonstrating the scale and continuity of the overall mineralized system. Follow-up drilling is underway as part of an extensive program to expand and define gold-silver mineralization several hundred metres east of the open pit margin. 

John takes us through the busy year of catalysts the company has on tap, starting with all the drilling data from Phase V being compiled into an updated Resource Estimate that will come out in parallel with their Definitive Feasibility Study, which is due out in the 2nd quarter of 2026.  Additionally, the Company is awaiting their EIA permit, which will be the trigger for a construction decision later in the year. There will also be the ongoing Phase 6 exploration program expanding the deposit size and resources for the balance of the year, mostly at Oculto East and Oculto NorthEast, but with some holes at JAC, Cerro Viejo, and now other follow-up targets at Condoryacu.

If you have any follow up questions for John regarding at AbraSilver, then please email them into us at Fleck@kereport.com or Shad@kereport.com.

• In full disclosure, Shad is a shareholder of AbraSilver Resource Corp at the time of this recording and may choose to buy or sell more shares at any time.

Click here to visit the AbraSilver website and read over the most recent news releases.

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In this update from Red Canyon Resources (CSE: REDC – OTCQB: REDRF), Chairman and CEO Wendell Zerb discusses the company’s recent financing and the upcoming drill programs across their copper-focused portfolio. 

Key Discussion Points:

• Recent $2.5 Million Financing: Wendell details the strategic participation of institutional investors and high-net-worth individuals, specifically highlighting Tech Resources topping up to maintain their 9.9% stake in the company.
• The Inzana Project Drill Plan: Insights into the upcoming May drill program at the Inzana Project in Central BC, focusing on the high-priority Camp Target where previous shallow drilling identified significant copper-gold mineralization.
• Kendall Project Advancements: A review of the Kendall Project, the company’s most advanced asset, which has shown continuous mineralization across ten drill holes spanning a 1.5km by 500m area.
• Scraper Springs Potential: An overview of the 2026 plans for this Northern Nevada project, including a final ZTEM geophysical survey to define deep-seated porphyry targets before drill testing.

If you have any follow up questions for Wendell please me at Fleck@kereport.com. 

Click here to visit the Red Canyon website – https://www.redcanyonresources.com 

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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Andrew Pollard, President and CEO of Blackrock Silver (TSX.V:BRC – OTCQX:BKRRF), joins me to discuss the results of the updated Preliminary Economic Assessment (“PEA”) for its 100%-owned Tonopah West Project, located in West-Central Nevada, United States.  We also delve into the updated Mineral Resource Estimate (“MRE”) that was prepared by RESPEC in accordance with the CIM Definition Standards and NI 43-101, with an effective date of January 4, 2026.  The Tonopah West Project is located in one of the largest historic silver districts in North America, located on private land in Nye and Esmeralda counties, Nevada, United States.

Highlights of the Tonopah West PE  (Ounces are troy; all tonnes metric)

• Disciplined Base Case Economics: Secured with a conservative long-term silver (“Ag”) price of US$31 per ounce and a gold (“Au”) price of US$2,700 per ounce, the Project shows robust, after-tax net present value, discounted at 5% (“NPV^5%“), of $437-million, and an after-tax internal rate of return (“IRR”) of 28% over an 11.2-year life of mine (“LOM”) — ensuring operational resilience through a wide range of metal price cycles;
• Exceptional Leverage to upside metal prices: Assessed at the 1-year analyst consensus forecast for gold and silver prices (US$66.90/oz Ag and US$4,554/oz Au), the Project delivers US$1.55B after-tax NPV5%, a 79% IRR, and a 1.4-year payback;
• Low Initial Capital: Calculated initial capital cost of US$190-million (including US$25-million contingency) with a base case payback period of 3.5 years;
• Increased Payable Metal: Enhanced mine plan delivers 89.6 million silver equivalent (“AgEq”) ounces, which equates to 79.6 million payable AgEq ounces — a 14% increase in payable silver and 17% increase in payable gold as compared to the previous preliminary economic assessment on Tonopah West,dated effective September 4, 2024 with a US$778-million after-tax LOM cash flow.
• Excellent Metallurgical Recoveries: Realized average recoveries of 91.6% for silver and 96.3% for gold from a 3-stage crushing circuit and processing plant;
• Unique location and infrastructure: Located on patented mineral claims (private land) adjacent to the town of Tonopah, Nevada, the Project benefits from its location, unprecedented infrastructure and profits from a stream-lined permitting process with only State and County agencies as stakeholders.

The MRE encompasses the spatial areas known as Victor, DPB North, DPB South, Northwest Step Out, and the East Extension areas. The Victor area is approximately 700-metres by 350-metres while the DPB area is 700-metres by 1,100-metres. NW Step Out represents a new extension of the vein zones to west-northwest. The East Extension is an area between the DPB South area and the eastern edge of the property. The spatial areas are not considered to be significantly different geologically but have been separated for logistical purposes in future mining scenarios.

• Increased Indicated AgEq Ounces: Improved indicated category mineral resource estimate comprising 2.75 million tonnes grading 454 grams per tonne (“g/t“) AgEq totaling 40.2 million ounces of AgEq (216.8 g/t Ag and 2.25 g/t Au for 19.2 million ounces of silver and 199,000 ounces of gold respectively) – a 90% increase over the previous mineral resource estimate on Tonopah West dated effective August 25, 2025;
• Large Resource with Upside Potential: Increased inferred mineral resource with 5.54 million tonnes grading 466 g/t AgEq for 83 million ounces of silver equivalent (188.5 g/t Ag and 2.62 g/t Au totaling 33.6 million ounces of silver and 467,000 ounces of gold) in an inferred mineral resource category. The vein system is open to the east, northwest and at depth;
• Low-cost Geometry: Used a minimum mining width of three metres (3m), and Long Hole Stoping (cheaper costs) accounts for 88% of the tonnes mined while Cut and Fill mining accounts for 12% of the tonnes;
• Fully-financed 17,000 metre two-phased expansion drill program commenced in February with up to 800 metre step-outs along strike

1. NW Expansion (10 drillholes): Targeting expansion opportunities along strike of the DPBS North zone to the east and northwest with step-out holes up to 800m along strike planned
2. Eastern Expansion (20 drillholes): The Eastern Expansion Program will follow up on the shallow, high-grade, and thick zones of silver and gold in each of the recognized structures identified in 2025.

If you have any follow up questions for Andrew regarding Blackrock Silver, then please email them into me at Shad@kereport.com.

• In full disclosure, Shad is shareholder of Blackrock Silver at the time of this recording, and may choose to buy or sell shares at any time.

Click here to follow the latest news from Blackrock Silver

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This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

We are back with another special quantitative analysis video with long-time KE Report blog contributor Bob (aka BDC).  We visually review his saturation tables for clues as to the trend quality and potential recent top in the oil stocks, and the indications of a recent bottom and bounce in the gold and silver stocks.   We also briefly review the choppy nature of global stock indexes.

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Click here to follow along with Bob’s analysis over at his Fibonomics website

In this Daily Editorial, we chat with Dave Erfle, Founder and Editor of Junior Miner Junky, to break down a historic month of volatility in the precious metals sector. As March 2026 comes to a close, the markets are witnessing a significant rebound following a “nasty” monthly candle that saw major pullbacks across the board.

Key Discussion Points:

• Analyzing the March Correction: A look at the significant monthly drops in GDX and GDXJ, contrasted against gold’s impressive all-time high quarterly close.
• Geopolitical Catalysts: How shifting rhetoric regarding the conflict in Iran and potential threats to infrastructure are tossing the gold price between positive and negative extremes.
• Macroeconomic Pressures: Insight into Jerome Powell’s Harvard speech addressing the “unsustainable” path of U.S. debt and its long-term implications for hard assets.
• Technical Benchmarks for Recovery: The specific price targets Dave is watching for GDX and GDXJ to confirm the deleveraging phase is over.
• Selective Investing in Juniors: Why Dave is prioritizing cash-rich developers with strategic partners over high-retail-float explorers in the current environment.
• The Importance of Strategic Partnerships: A discussion on why a “de-risked” project – one with a feasibility study and a major partner – is a “big green flag” for investors.

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter – https://www.juniorminerjunky.com/

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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this Daily Editorial, I am joined by Darrell Fletcher, Managing Director of Commodities at Bannockburn Capital Markets. Darrell oversees the commodities trading desk and provides an “inside look” at how market participants are hedging and reacting to the current geopolitical climate.

The discussion focuses on the intense volatility across the energy and metals sectors, specifically exploring the divergence between global benchmarks and the underlying structural constraints facing the market today.

Key Discussion Points:

• Oil Market Divergence: An analysis of the widening spreads between WTI, Brent, and Dubai benchmarks, and why the forward curves are currently underestimating structural supply issues.
• The Strait of Hormuz & Supply Chains: How Iran’s leverage over global shipping routes is creating “exponential” problems for energy-intensive commodities like aluminum and petrochemicals.
• Industrial Metals Performance: Why Aluminum has become a massive outlier in the base metals complex due to high energy costs, while copper and nickel remain relatively range-bound.
• Natural Gas Dynamics: A look at why U.S. natural gas remains decoupled from global prices due to maxed-out LNG export capacity.
• Precious Metals Sentiment: Insights into the recent “flush out” in Gold and Silver and why central bank activity remains a critical factor for long-term bulls.

Click here to learn more about Bannockburn Capital Markets  – https://www.bannockburnglobal.com/

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• The KE Report: https://kereport.substack.com/ 
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Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this episode, we are joined by Garrett Ainsworth, President and CEO of District Metals (TSX.V: DMX | OTCQB: DMXCF | Nasdaq First North: DMXSE). Garrett provides a comprehensive update on the company’s near term work plans in Sweden. The discussion covers the anticipated release of the Preliminary Economic Assessment (PEA) for the Viken Deposit, innovative metallurgical processes that enhance resource recovery, and the upcoming drill programs across the portfolio of energy metal properties.

Key Discussion Points:

• Viken Deposit PEA & Economic Impact: Insights into the upcoming Preliminary Economic Assessment (Q2 2026) and the subsequent Economic Impact Study scheduled for Q3, focusing on social licensing and job creation.
• Metallurgical Advancements: A look at how new extraction technologies, originally developed for lithium and rare earth elements, are being applied to the Viken deposit to improve recoveries of uranium, vanadium, and potash.
• 2026 Exploration & Drilling: Details on the Q2 drill plans at the Alum Shale and Viken projects, alongside fieldwork at high-grade uranium targets like Såtjärn, Nianfors, and Ardnasvarre.
• Swedish Political Landscape: An update on the potential “Deposit of National Interest” designation for Viken and the June 11th parliamentary vote regarding the removal of the municipal veto on uranium processing.

If you have any follow up questions for Garrett please email me at Fleck@kereport.com.

Click here to visit the District Metals website to learn more about the Company – https://www.districtmetals.com/

For more market commentary & interview summaries, subscribe to our Substacks: 

• The KE Report: https://kereport.substack.com/ 
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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review the value proposition that has his attention from recent corporate news and strategies from 3 advanced gold and silver developers looking to go into the 2nd wave of the Lassonde Curve on the pathway to production in the next 1-2 years.

>> The companies we discussed in the interview are:

Montage Gold Corp. (TSX: MAU, OTCQX: MAUTF) – On March 30, 2026 the Company reported an updated Mineral Resource Estimate (“MRE”) for its Koné and Gbongogo Main deposits, at the Company’s flagship Koné project, located in Côte d’Ivoire, where construction continues to rapidly advance on-budget and ahead of schedule with first gold pour anticipated through the oxide circuit in late Q4-2026.

Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) – On March 30, 2026, the Company announced that it has obtained the main required governmental authorizations for the execution of its 40,000 tonne underground bulk sampling program at the Perron gold project, located within the locality of Valcanton, near Normétal. Field preparatory work is planned to begin during the month of April, with the objective of initiating portal construction in early summer 2026.

Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) – On March 3, 2026, the Company announced the issuance by the Nevada Department of Environmental Protection (NDEP), through the Bureau of Air Pollution Control, the Class II Air Quality and Surface Disturbance Permit for the Company’s Tonopah West mineral project located along the Walker Lane Trend in Nye and Esmeralda Counties, Nevada, USA.

The Permit allows for the disturbance of up to 150 acres (60.7 Hectares) at Tonopah West for five (5) years, which can be extended and modified as Tonopah West moves toward permitting and construction of its proposed exploration decline, test mining and bulk sample extraction programs.

Click here to follow Erik’s analysis over at The Hedgeless Horseman website

For more market commentary & interview summaries, subscribe to our Substacks:

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Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this episode, we are joined by Craig Hemke, Founder and Editor of TF Metals Report, to break down one of the most volatile periods for precious metals in recent history. Craig provides a deep dive into the macroeconomic “perfect storm” currently suppressing prices.

Key Discussion Points:

• The Triple Threat to Gold: Craig explains how the 50-55 basis point shift in the 2-to-10-year yield curve, a rallying U.S. Dollar, and the massive 58-metric ton gold liquidation by Turkey have converged to drive prices lower.
• Central Bank Liquidity Concerns: An analysis of why sovereigns like Turkey are swapping gold for dollars to prop up local currencies and how this deviates from the decade-long trend of central bank accumulation.
• The “Peak Lunacy” in Rates: Why Craig believes the market has it wrong regarding future rate hikes, citing the unsustainable cost of refinancing $12 trillion in U.S. Treasuries at higher interest rates.
• The Disconnect in Mining Equities: A look at the severe margin compression facing producers as energy costs rise while metal prices fall, and why Q1 earnings might still surprise the market.
• Silver’s Technical Outlook: Evaluating the breakdown of the “one universal chart” and whether Silver is headed back toward its 200-day moving average or poised for a triple-digit recovery.

Click here to visit Craig’s website – TF Metals Report – https://www.tfmetalsreport.com/

For more market commentary & interview summaries, subscribe to our Substacks: 

• The KE Report: https://kereport.substack.com/ 
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Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this episode, we are joined by Derek Iwanaka, CEO of Prince Silver (CSE:PRNC – OTCQB:PRNCF – FRA:T130), for a comprehensive update on the company’s flagship Prince Silver Project in Nevada. Following an upsized 9,000-meter drill program and a successful private placement, Derek discusses the significance of recent high-grade intercepts and the company’s strategic outlook for 2026.

Key highlights:

• High-Grade Drill Results: Derek breaks down the standout results from the first 15 holes, highlighted by an intercept of 7.6 meters at 230 g/t silver and nearly 11% manganese. 
• Exploration Upside and Scale: With 12 out of 15 holes hitting mineralization, the project currently shows a 1.5 to 2-kilometer strike length. Derek details plans for step-out drilling to the north, south, and west to test the ultimate boundaries of the system.
• Strategic Manganese Component: As the U.S. looks to secure domestic supplies of critical minerals, Prince Silver’s manganese content offers unique strategic value. Derek explains the company’s ongoing dialogue with the U.S. government regarding potential funding through critical mineral initiatives.
• Metallurgical Synergy: The team is currently conducting metallurgical testing to optimize the recovery of silver from manganese-rich ore, leveraging proven processes used by peer companies in similar carbonate replacement deposits (CRD).
• Regional Consolidation: Beyond the current drill program, Prince Silver is evaluating further acquisitions within the historic Pioche District to consolidate high-potential ground that hasn’t seen modern exploration since the 1970s.

Please email me with any follow up questions for Derek – Fleck@kereport.com 

Click here to visit the Prince Silver website to learn more about the projects and team.

For more market commentary & interview summaries, subscribe to our Substacks: 

• The KE Report: https://kereport.substack.com/ 
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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

This week’s interviews centered on a clear theme: companies with real catalysts are separating themselves from the pack. Heliostar Metals (TSX.V: HSTR) leaned into production, cash flow, and M&A with its Goldstrike acquisition; Summit Royalties (TSX.V: SUM) and Elemental Royalty (TSXV: ELE) highlighted scale and portfolio growth in the royalty space; Omai Gold Mines (TSXV: OMG), Snowline Gold (TSX: SGD), Newcore Gold (TSX.V: NCAU), Fury Gold Mines (TSX: FURY), and Mercado Minerals (CSE: MERC) focused on drilling, resource growth, and project advancement; Silver Tiger Metals (TSX.V: SLVR) and Liberty Gold (TSX: LGD) pushed the conversation toward construction and permitting.

Heliostar Metals (TSX.V: HSTR)

Cash flow meets ambition

• Record 2025 results showed nearly 35,000 ounces of gold production and more than $47 million in operating earnings.

• The Goldstrike acquisition adds a 1-million-ounce Utah deposit and gives Heliostar a strategic U.S. foothold.

• Management is framing the bigger picture around a bold long-term production goal, with current cash flow helping fund the next phase.

Listen to the Heliostar interview

Summit Royalties (TSX.V: SUM)

A royalty company scaling in a hurry

• Summit’s acquisition of Star Royalties is a major portfolio-building move for a company that only recently went public.

• The added 1% NSR on Saddle North pushes the portfolio to roughly 50 royalties and streams.

• The bigger story here is scale: a newer royalty name trying to jump quickly into the conversation with more established peers.

Listen to the Summit Royalties interview

Omai Gold Mines (TSXV: OMG)

High-grade hits keep feeding a much bigger story

• Omai continues expanding mineralization at Wenot as new drilling feeds into an updated combined resource and PEA.

• The current combined resource base already sits at 6.5 million ounces across all categories.

• What makes this one interesting now is the dual-track strategy: keep growing the deposit while also advancing the development case.

Listen to the Omai Gold Mines interview

Snowline Gold (TSX: SGD)

Can Snowline keep building while still swinging big?

• Management is balancing de-risking the Valley deposit with ongoing district-scale exploration in the Yukon.

• The Valley project continues to stand out for its grade and low strip ratio, even under lower gold price assumptions.

• This interview is really about capital allocation: how far can Snowline push development and discovery at the same time?

Listen to the Snowline Gold interview

Newcore Gold (TSX.V: NCAU)

Resource growth with PFS momentum

• Newcore’s updated Enchi resource now stands at 1.5 million ounces indicated and 626,000 ounces inferred.

• The focus is increasingly on open-pit constrained ounces that can support the upcoming PFS.

• The interview also gets into the mineralization mix and what the 60,000-meter drill program could still add.

Listen to the Newcore Gold interview

Silver Tiger Metals (TSX.V: SLVR)

From developer to builder

• Silver Tiger’s board has approved the construction decision for El Tigre.

• First gold-silver pour is targeted for December 2027, giving the market a much more defined timeline.

• The financing choice is also notable: management favored balance sheet flexibility over a larger debt package with tighter strings attached.

Listen to the Silver Tiger Metals interview

Fury Gold Mines (TSX: FURY)

The production path starts getting sharper

• Fury is now talking more directly about moving Eau Claire toward a PFS or FS over the next 12 to 18 months.

• Recent drilling continues to support both infill work and resource expansion, including standout high-grade intervals.

• With Committee Bay drilling set to begin soon, the company has both development and exploration catalysts in play.

Listen to the Fury Gold Mines interview

Elemental Royalty Corporation (TSXV: ELE)

Record numbers, bigger platform

• Elemental posted record 2025 revenue plus attributable Caserones share of US$49.2 million, up 128% year over year.

• 2026 will be the first full year reflecting the pro forma combination with EMX Royalty assets.

• Beyond the financials, the dividend policy and multiple avenues for external growth make this a more layered royalty story than just a quarterly recap.

Listen to the Elemental Royalty interview

Liberty Gold (TSX: LGD)

Selling non-core assets to sharpen the main bet

• Liberty is divesting Gage and Goldstrike to narrow its focus on Black Pine in Idaho.

• Management is emphasizing permitting alignment, including the interaction between state work and FAST-41 federal permitting.

• The interview frames Black Pine as the clear priority, with feasibility, engineering, and de-risking now front and center.

Listen to the Liberty Gold interview

Mercado Minerals (CSE: MERC)

A fresh silver drill story starting to unfold

• Mercado’s inaugural 3,000-meter campaign is targeting 25 holes at Copalito.

• Historical drilling is being folded into the targeting process, giving this first modern program more context.

• The really speculative upside is in the new vein discoveries and extensions that could reshape the scale of the story early.

Listen to the Mercado Minerals interview

Keep up with all of our company interviews and market commentary by subscribing and leaving a review on YouTube, Spotify, Apple Podcasts, and X / Twitter.

And send us your questions for the companies we interview, along with any companies you’d like us to feature in the future: Fleck@kereport.com and Shad@kereport.com.

This Weekend’s Show explores a stark contrast in the resource sector: a “volatility blowout” in precious metals driven by shifting Fed expectations and Western speculation, set against a backdrop of tightening global energy supplies. Guests Brien Lundin and Dan Steffens dive into why current price drops in gold and silver may be a classic “snapback” opportunity, while the oil market faces a legitimate physical deficit that the forward curve has yet to fully price in.

• Segment 1 & 2 – Kicking off the show Brien Lundin, editor of the Gold Newsletter and host of the New Orleans Investment Conference, shares his insights on the current state of the precious metals market, explaining that recent volatility and sell-offs are largely driven by shifting expectations of Federal Reserve policy in response to an oil price spike and persistent inflation. Brien remains fundamentally bullish, viewing the downturn as a prime buying opportunity for high-quality major and junior mining stocks, particularly as the sector remains well-capitalized for extensive exploration programs in 2026.
• Click here to learn more about the Gold Newsletter. – https://goldnewsletter.com/
• Click here to learn more about the New Orleans Investment Conference on October 28-31. 

• Segment 3 & 4 – In this segment of the KEE Report, Dan Steffens, President of the Energy Prospectus Group, discusses the current state of the oil and energy sector in light of the ongoing conflict between Israel and Iran. Steffens highlights the impact of the Strait of Hormuz closure on oil supply, provides insights into future oil and natural gas price trends, and identifies specific energy stocks and special situation investment opportunities.
• Click here to visit the Energy Prospectus Group website for more energy market and stock analysis – http://www.energyprospectus.com/

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X for more market commentary and company interviews. Don’t forget to subscribe and leave us a review!

For more market commentary & interview summaries, subscribe to our Substacks:

• The KE Report: https://kereport.substack.com/

• Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

I hope you all have a great weekend!