The KE Report KE Report

We’ve all bought a junior resource stock initially thinking it was going to be a 10 bagger, only to turn into a losing trade. In this discussion with Dave Erfle, Founder and Editor of The Junior Miner Junky we discuss the road to under-performance of these stocks.  
 
The discussion highlights the impact of dilution, capital management, and market conditions on stock performance. Strategies for analyzing companies, assessing management teams, and understanding market trends are also covered. 
 
Click here to visit Dave's site - The Junior Miner Junky

This is a replay of the May 23rd webinar featuring Fury Gold Mines (TSX:FURY - NYSE:FURY).
 
President and CEO Tim Clark and SVP Exploration Bryan Atkinson joins me to delve into the updated Eau Claire resource, now just under 2million ounces of gold (1.16mil oz indicated, 723,000 oz inferred), and exploration potential across all the Company's projects. Discussions include the company's strategic focus on expanding the gold resources, infrastructure advantages, and future exploration plans. Plus, an overview of the company's valuation compared to its peers.
 
Please email me with any follow up questions for the team at Fury - Fleck@kereport.com.
 
Click here to visit the Fury Gold Mines website to learn more about the Company.
 
 

Erik Wetterling, Founder and Editor of The Hedgeless Horseman joins us to share his thoughts on Alpha Exploration (TSX.V:ALEX), Brixton Metals (TSX.V:BBB, OTCQB:BBBXF), Homerun Resources (TSX.V: HMR, OTCQB:HMRFF).
 
Eric shares insights into the potential of these companies, starting with Alpha Exploration’s projects in the Arabian Nubian Shield, followed by Brixton Metals' diverse portfolio including their flagship Thorn project backed by BHP, and lastly, the unique silica sands project of Homerun Resources in Brazil. We dive into the latest news, drilling results, market sentiments, and the strategic management approaches of these firms
 
Click here to visit Erik's website.

Garrett Ainsworth, President and CEO of District Metals ( TSX.V:DMX - OTCQB:DMXCF - FRA: DFPP) joins me to discuss the recent acquisition of eight new mineral licenses, focused on uranium, in Sweden.
 
Garrett highlights the addition of the Viken NR4 mineral license, which expands the Viken property from 10,000 to 40,000 hectares. We cover the exploration potential, planned fieldwork, and the overall potential of these deposits. Garrett explains the company's strategy during the first three years of the mineral licenses, including geological mapping and sampling.
 
On the moratorium front, we discuss the potential lifting of Sweden's uranium moratorium, expected to reach Parliament in the fall, and its impact on future work commitments and partnerships.
 
Additionally, we touch on the Tomtebo project, with exploration currently being funded by Boliden, and the expected timeline for drill results.
 
Please email me with any follow up questions for Garrett. My email address is Fleck@kereport.com.
 
 
Click here to visit the District Metals website to learn more about the Company.

Simon Dyakowski, President and CEO of Aztec Minerals (TSX.V:AZT & OTCQB:AZZTF) joins me to discuss the recent drill targets and expansion efforts, especially focusing on the western extension of the Contention Pit, on the Tombstone Project, in Arizona.
 
Historical mining activities, particularly from the late 1800s to early 1900s, provide a backdrop to the current exploration, which aims to uncover high-grade mineralization zones. See Figure 1, from the May 22nd news release, to better understand the underground workings on the Project.
 
We discuss the high-priority drill targets, pending results from recent surface exploration, and plans for future drilling in mid-to-late summer. Additionally, the conversation highlights Aztec's Cervantes project in Mexico, with upcoming work planned for later in the year.
 
If you have any follow up questions for Simon please email me at Fleck@kereport.com.
 
 
Click here to visit the Aztec Minerals website to read over the full news release and learn more about the Company.
 
 

Gwen Preston, Vice President Of Investor Relations for West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to discuss her new role with the company, and the key steps from exploration and development towards a mine restart plan targeting mid-2025 at the Company’s 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. 
 
Many listeners will recall Gwen’s last decade in the mining sector, as Publisher of Resource Maven, and so we start off getting a behind-the-scenes look at why she has decided to now focus on sharing with the marketplace the vision of where West Red Lake Gold is headed in the years to come.  In addition to having quality assets in the Red Lake area, it really came down to her confidence in the solid management team and operations team, after having spent time visiting the project and talking to a range of personnel in various roles.  After probing into why the prior operators failed, and getting consistent feedback as to why the new team will be able to fix and optimize many of those prior bottlenecks and inconsistencies, she has conviction in the pathway in front of West Red Lake Gold to get the Madsen Mine back into production in about a year.  
 
We discuss the importance of doing so much exploration to really reinterpret a better geological model of the deposit, that feeds into a better feedback loop with the engineering team designing the mine plan.  We also review the company cashing up through recent capital raises to be able to execute on a number of initiatives for exploration, derisking, and development work that will feed into an updated Pre-Feasibility Study at the tail end of 2024 or early 2025.  This study will lay out  the remaining steps necessary to get the operations back into production the middle of next year.
 
 If you have any follow up questions for Gwen or the team over at West Red Lake Gold please email us at either Shad@kereport.com  or Fleck@kereport.com.
 
In full disclosure, Shad is a shareholder of West Red Lake Gold Mines at the time of this recording.
 
Click here to visit the West Red Lake Gold website and read over the recent news we discussed.