Episodes

Sunday Jun 22, 2025
Sunday Jun 22, 2025
Time Stamps Below
@FathomNickel
Link to Companion Article: https://juniorresourceinvesting.subst...
With their financing at long last closed, Fathom Nickel is in gear and in motion again in northern Saskatchewan. CEO Ian Fraser joins me once more to discuss their exploration plans for 2025, how their Gochager Lake project is on the cusp of exciting potential new discoveries, and how they continue to quietly advance their land adjacent to Ramp Metal’s surprising and impressive new gold and VMS-type discoveries.
Time Stamps
1:30 Intro from Ian
04:30 Announced Gochager land acquisitions and above ground work
13:00 Logic Behind Acquiring More Land
20:00 VTEM Survey News
32:00 How long from now would you be drill ready in the south for gold?
38:00 What Ramp results will make you drill for gold.
46:00 Financing and Costing Questions
51:00 Is there a loss of trust from investors? Should Fathom have communicated more? When’s the next financing? Rollbacks?
1:06:00 Recap of Expected News Flow?
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Monday May 12, 2025
Monday May 12, 2025
Time Stamps Below.
Tickers AZS.V and AZASF. I sat down with CEO Mike Stark for a brief news update. Since we last spoke, the company has released a couple sets of results from their ongoing drill campaign at their Philadelphia project, acquired land for a future heap leach pad, and have announced some $3.2 million in the bank in part courtesy of significant insider option exercising. AZS is still drilling as it builds towards its maiden resource within the next 12 months or so. And with the rig imminent at BLM Pad 2, they have a chance to fully and properly prove their “boiling zone under the Red Hills” geological model correct (after teasing it with hole 136) and add some critical high-grade ounces to their project. Mike and I chat about all this, the market response to their results, the importance of the leach pad land acquisition, insider support, and more.
Link to Companion Article: https://juniorresourceinvesting.subst...
Time Stamps
00:40 March 19th news – drill results
04:00 Hole 136
9:00 Update on holes and meters drilled to date?
12:00 Cash on hand and leach pad news
15:30 Final Thoughts
17:30 Follow-up on PEA and Resource timing
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Sunday May 11, 2025
Sunday May 11, 2025
Companion Article: https://juniorresourceinvesting.subst...
Thesis Gold (TAU.V) came out with good news recently, announcing that mid-tier producer and Toodoggone neighbour Centerra Gold (CG.T) was getting involved with Thesis through a 9.9% strategic investment. Bringing on a strategic is a critical step in any devcos journey, and the strength of the strategic and the deal itself speaks to the strength of Thesis and Lawyers-Ranch. CEO Ewan Webster joins me to discuss the details of the deal, why it makes so much sense as a local partnership, and more. Part 1: The Interview, Part 2: The Companion Article, Part 3: The W
Time Stamps
00:10 Overview of News Release
07:00 Could Kemess infrastructure/flow sheet work for Lawyers-Ranch.
10:20 Investor question asking for more info on district synergies.
13:00 Update on when we might hear more from Thesis.
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Saturday May 10, 2025
Saturday May 10, 2025
Companion Article:
https://juniorresourceinvesting.subst...
This is one I’ve followed for a while, including a couple of paid sub notes on them. The similarities (and therefore immediate allure) to another company I follow closely (Founders Metals) make for an awfully compelling narrative here. Consider the obvious parallels: Location of Sela Creek (and Nassau) are in south/eastern Suriname, orogenic gold in the Guiana Shield, leveraging preexisting artisanal prospecting and mining as exploration tools, using similar geophysical tools and strategies, smart younger team. The valuation is rich ($75 million mc for a pre-discovery, pre-assay - for now - explorer) but clearly demonstrates the respect the market is giving Guiana Shield exploration. In truth, the valuation bedevils me. $75 million market cap without an assay in hand. Now all that’s left to do is prove the compelling narrative can be meaningfully converted into a compelling discovery.
Time Stamps
01:00 Intro to Jaap, Miata, Sela Creek Project, and Three Points Capital
05:00 What historical work are you relying on and what are you doing differently to achieve better results.
10:50 Scale and scope – size of the prize?
13:00 What are the responses people are giving you about your story? (Pre-discovery, amount of potential, high valuations)
19:30 Overhang of warrants etc.
21:00 Cost of Drilling
24:30 Current Campaign Info, Lessons Learned
31:00 How long till drill results?
Disclaimer The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Friday Apr 18, 2025
Friday Apr 18, 2025
Important Note: If you like my work, please click through here and subscribe to CTGO's newsletter so they can track the following I can bring to their story: https://why-invest-in-contango.com/
In this conversation, Rick Van Nieuwenhuyse, CEO of Contango Ore, discusses the company's recent cash distribution, tonnage delivery improvements, and financial strategies amidst a turbulent macroeconomic environment. He highlights the significance of exceeding production guidance and the company's plans for accelerated debt management. Key Points: 1. Contango Ore has reported a significant cash distribution of $24 million. The company is producing 30% more gold (19,500oz vs 15-18,000oz guidance). 2. Bridge weight restrictions will also be solved via funding approvals for repairs now in place. 3. At current prices, the company forecasts over $80 million and could be debt free by EOY. 4. A PEA for the Johnson Tract project is expected soon, indicating future growth opportunities. titles
Time Stamps
00:36: Introduction to Contango Orr and Market Context
03:43: Performance Highlights and Cash Distribution
06:32: Tonnage Improvements and Operational Efficiency
09:29: Debt Management and Future Projections
12:16: Macro Market Insights and Future Outlook
Disclaimer The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Thursday Apr 17, 2025
Thursday Apr 17, 2025
Link to companion article: https://juniorresourceinvesting.subst...
Back again with Founders Metals (FDR.V). They’re officially north of $6 CAD these days, breaking through ATHs alongside gold. And well-deserved considering the news they’re releasing. 72m of 2.29 gpt Au extending Van Gogh to depths of 200m, after opening it up with 28.5 of 7.12 g/t from 18.6m down. This is yet another major discovery for Founders, and even more excitingly, the first brand new discovery, without historical workings or exploration to guide them. This certainly bodes well not just for Founders’ mastery of Antino, but the sheer size of the potential on display down here as well. I also do a little math based on Agentis work to rank Founders’ Antino project globally.
Time Stamps
01:30 Overview of Van Gogh Discovery and Its Significance to Antino
03:20 Geological Discussion of Holes 1-4 at Van Gogh
09:20 Current and Future Drilling Plans
12:45 PDAC & Suriname Day Insights
15:25 FDR’s Global Ranking for Top Holes and Overall Industry Recognition
16:45 Closing Thoughts Disclaimer The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Tuesday Apr 15, 2025
Tuesday Apr 15, 2025
Companion Article: https://juniorresourceinvesting.subst...
Tocvan Ventures (TOC.CN) is moving again. With the drill turning, they are starting to receive positive results from the lab that certainly appear to confirm management’s belief in their Gran Pilar project. Strong gold mineralisation has been intersected in the first-ever handful of holes drilled outside the Main Zone, expanding the known orebody some 100-200m to the north. In addition, infill drilling along a separate, parallel, zone also came back unexpectedly positive. With drilling ongoing, it’s certainly exciting times for Tocvan. CEO Brodie Sutherland joins me again to chat drill results, assay reporting methodology, and bulk sample plans in a quick exploration update.
Time Stamps
01:05 February 25th Drill Results
05:55 March 11th Drill Results
09:10 Assay Reporting and Grade Distribution
13:20 Bulk Sample Overview
19:10 Outlook for 2025 and Closing Remarks
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Wednesday Mar 26, 2025
Wednesday Mar 26, 2025
Tocvan Venture (TOC.CN) remains one of my top picks. It’s a tightly-held and smartly-managed gold explorer/developer operating its Gran Pilar flagship project in the world-class mining district of Sonora, Mexico. Sonora is among the cheapest places in the world to both explore and produce gold. Tocvan is working to defy the typical junior exploreco model tbat relies on M&A to produce a happy ending. Rather than relying on a buyer, given the remarkably low economic hurdles that are to be found in Sonora as an at-surface heap leach project, CEO Brodie Sutherland is preparing for Tocvan to bring Gran Pilar to production themselves. In pursuit of this, Tocvan is months away from initiating a 50,000 tonne bulk sample heap leach. This pilot-stage mining will be conducted on site and will provide critical insight into overall grade as well as opportunities to fine-tune processing and recovery methods. The data this bulk sample will provide will go a long way in confirming and establishing the potential of Gran Pilar With a MRE and PEA also expected to follow roughly by the end of the year, Tocvan is approaching a potential inflection point. Indeed, if they execute successfully in 2025, Tocvan’s potential both as an explorer (drilling outside Pilar Main for the first time ever) producer (recovery rates, head grade, final concentrate characteristics, etc.) will have been both confirmed and expanded in critical ways. This could get exciting.
Time Stamps
03:00 2024 Review and 2025 Preview
07:00 Ongoing Drill Program
18:00 Initial Mineral Resource Estimate & PEA
30:00 Pilot Test Mine, Catalysts, and Goals
40:00 Final Thoughts & Outlook for 2025
Disclaimer The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Tuesday Mar 25, 2025
Tuesday Mar 25, 2025
A new company to JRI - Oroco Resource Corp is a copper porphyry developer operating in Sinaloa, Mexico. With 6 billion pounds of payable copper (including inferred), OCO’s Santo Tomas project is no small thing, and with a tiny 1.38:1 strip ratio, strong metallurgy, and solid economics, there’s a lot to like with Oroco. However, Oroco has taken on some chart damage from its dizzying highs a few years back, and Mexican jurisdictional concerns more recently (cartel violence in Sinaloa and potential federal open pit restrictions) have only added to the downward pressure. President Ian Graham joins me to discuss Santo Tomas, and how Oroco plans to get back up off the mat to make sure Santo Tomas meets with a happy M&A ending.
Time Stamps
04:30 Financing, PFS Planning, Getting Institutions on Board
8:10 Leapfrog Overview of Deposit and Future Drilling
12:00 Likelihood of Pillar Being Mineralised Enough to be in a Resource, Increasing South Zone ore tonnes.
15:30 PFS Schedule and Proximity to River/Reservoir and Potential Issues
23:45 How Oroco checks all the boxes that turn a deposit into a mine
27:00 Current Shareprice Thoughts – Mexican Open Pit Concerns and Potential Legislative Changes to Mexican Mining Laws
38:50 Oroco’s Challenging Chart History
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Sunday Mar 23, 2025
Sunday Mar 23, 2025
Companion Article: https://juniorresourceinvesting.subst...
A new company to JRI - Oroco Resource Corp is a copper porphyry developer operating in Sinaloa, Mexico. With 6 billion pounds of payable copper (including inferred), OCO’s Santo Tomas project is no small thing, and with a tiny 1.38:1 strip ratio, strong metallurgy, and solid economics, there’s a lot to like with Oroco. However, Oroco has taken on some chart damage from its dizzying highs a few years back, and Mexican jurisdictional concerns more recently (cartel violence in Sinaloa and potential federal open pit restrictions) have only added to the downward pressure. President Ian Graham joins me to discuss Santo Tomas, and how Oroco plans to get back up off the mat to make sure Santo Tomas meets with a happy M&A ending.
Time Stamps
04:30 Financing, PFS Planning, Getting Institutions on Board
8:10 Leapfrog Overview of Deposit and Future Drilling
12:00 Likelihood of Pillar Being Mineralised Enough to be in a Resource, Increasing South Zone ore tonnes.
15:30 PFS Schedule and Proximity to River/Reservoir and Potential Issues
23:45 How Oroco checks all the boxes that turn a deposit into a mine
27:00 Current Shareprice Thoughts – Mexican Open Pit Concerns and Potential Legislative Changes to Mexican Mining Laws
38:50 Oroco’s Challenging Chart History
Disclaimer
The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.