Mining Stock Daily Trevor Hall

Gwen Preston, Vice President of Investor Relations at West Red Lake Gold Mines, discusses the recent gold pour at the Madsen mine and the importance of operational readiness. She explains that the gold pour validates the investment thesis and demonstrates the company's ability to run the mill effectively. Preston also highlights the ongoing exploration efforts at the South Austin zone and the significance of defining the mineralization in preparation for production. She emphasizes the parallel pathway the company is taking, with both definition drilling and capital projects happening simultaneously. Additionally, Preston addresses the company's financing needs and the potential for non-equity options to fund the remaining capital requirements.

Trevor and Ben discuss the Q1 numbers for mining companies and the impact of cost inflation on their performance. Ben shares his analysis of the Q1 numbers, highlighting the increase in cost inflation and the positive impact of higher gold prices on earnings. He also discusses specific companies that have struggled with cost inflation and those that have performed well. The conversation then shifts to the royalty companies and their resilience to cost inflation. Ben explains that while royalty companies may not offer the same level of gold price leverage as mining companies, they provide stability and long-term value.

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Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.



Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠



Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠vgcx.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

American Eagle Gold CEO, Anthony Moreau, provides an update on the drilling progress at the NAK porphyry project in British Columbia. The company has added a second drill rig and has drilled over 800 meters so far. Assay results are pending, but the core samples look promising. Moreau discusses the potential depth of the drilling and the cost considerations. He also highlights the significance of hole 19, which is drilling into unexplored territory.

In this conversation, Trevor and Chris Vermeulen discuss the market reaction to the CPI inflation data and the potential for rate cuts. Chris emphasizes that as a technical trader, he follows price rather than relying on the actions of the Fed. He believes that the market is currently in a state of extreme FOMO and warns of potential volatility ahead. They also discuss the performance of small-cap stocks, the fixed income market, and the potential for a major market top. Chris shares his insights on the precious metals sector, predicting a multi-year correction in equities and a rally in gold and silver. He advises patience and waiting for the right entry point into mining stocks.

In this conversation, Trevor and Lobo Tiggre discuss the current market conditions, the impact of inflation numbers on the Federal Reserve's policy, and the outlook for gold. They also touch on the recent national elections in Mexico and the potential implications for the mining industry. Lobo expresses caution regarding political risks in Mexico and advises investors to be mindful of the potential downside. He emphasizes the need for independent information and analysis when evaluating investment opportunities.