Junior Resource Investing

Founders Metals: Growing Gold at Upper Antino in Every Direction

​‪@foundersmetals‬
Time Stamps Below Link to companion article: https://juniorresourceinvesting.subst...
More news out of Founders Metals recently. Drilling around their flagship Upper Antino discovery has critically expanded areas of known mineralisation along strike, laterally, and at depth. With ~30,000 meters left to be drilled and released this year, and the weather cooperating for farther afield high grade discoveries to be easily returned to for further drilling, Founders looks like it has what it takes to end the year strong. CEO Colin Padget sits down with me once more for another frank conversation to discuss these results and also to address shareholder concerns regarding recent negative share price movement and perceived issues behind it.
Time Stamps
01:00 News out this week – new results from Upper Antino
06:10 Explain what this data tells you about the system.
11:30 What evidence do you have to connect UA and Donut
14:00 Why aren’t the locals mining it yet?
15:55 Why Is the Share Price Struggling?
22:00 Has Founders’ Decisions Impacted the Share Price?
28:00 Have timelines on the corporate side stretched unexpectedly?
32:30 Do you need more high grade to justify further price growth? Where does low-grade fit in?
37:00 Do your high grade discoveries have the scale needed to be significant?
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.

Tocvan Secures Critical Permits for Gold Production & Major Exploration in Mexico

​ @tocvanventures
Time Stamps Below
Companion Article: https://juniorresourceinvesting.subst...
This is a big development for Tocvan. One that has been years in the making. Tocvan's stated goal has always been to push to early stage proof of concept production, betting that their jurisdictional advantages (in Sonora, Mexico - pro mining, very cheap, many neighbouring peers) would allow them to accelerate the timeline to production. Then, of course, Mexico gained some perceived jurisdictional risk due to government rhetoric regarding mining reform, which dampened the market's enthusiasm for Tocvan's plan. Not that Tocvan ever stopped exploring and advancing its Pilar project, mind you. But as of this morning, those concerns are officially put to rest. This is because Tocvan has now received every permit required for its pilot production plant and extensive further exploration across its entire property. With these now in place, Tocvan can finally begin its plan, a plan that will see remarkable growth take place in the next 12-24 months if they can execute successfully. And I believe they will.
Time Stamps
00:30 JRI Intro to Key News and Brodie’s Thoughts
02:15 Discuss the Process Now That is is Over
05:45 Mexican Jurisdictional Concerns – Addressed
08:45 When do you anticipate construction?
10:30 When will you be ready for production?
12:00 What are your exploration plans for the fall?
13:30 News Flow and Final 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.

Learning is Discovery: Thesis Gold’s New Chief Geo And His Approach to Exploration

Link to Companion Article: https://juniorresourceinvesting.subst...
Time Stamps
01:15 Introduction to Evan and His Work
04:30 What About Your Origin Story with Thesis and What Drew You to Lawyers-Ranch?
07:00 What is your short order, high priority goal for this campaign?
08:45 How has the transition from academia and government to market geology been?
With summer exploration season upon us and another big drill campaign coming for Thesis Gold, I thought this would be a good time to publish a brief sit down I had with Thesis Gold's new(ish) Chief Geologist, Dr. Evan Orovan. Thesis Gold's Lawyers-Ranch project is tantalising - a long list of potential further discoveries, with targets all over the property, all separate from and in addition to the existing 4 million M+I deposit already proven up here. And that's without taking into consideration the chance for a porphyry discovery underlying the whole system, a theory which was demonstrated by Amarc Resource's impressive recent discovery. So it is in this space - a large, powerful resource already on the books, but with the potential for entirely new (and even new types) of discoveries that Evan joins Thesis and the Lawyers-Ranch project with the hopes of driving further exploration-led growth. And he has a resume (and CV) that should make you excited about that potential: A PhD in economic geology, an expert understanding of a wide array or tool and techniques that can drive discovery, years of government experience and intimate knowledge of BC's geological potential, and, now, a project of his own - and the budget needed - to bring to bear his ideas. Evan is an obviously sharp and intelligent thinker, and valuable addition to the team. Should his clear expertise prove up further discovery, up to and including the potential for their own porphyry, Thesis could be a fundamentally different company in not much time.
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.

People, Place, and Time: Why COSA.V Has What it Takes to Make (Another) Major Uranium Discovery

Time Stamps Below.
‪@CosaResources‬
Link to Companion Article: https://juniorresourceinvesting.subst...
Cosa Resources is a junior uranium explorer operating on the eastern edge of Saskatchewan's prolific Athabasca Basin. A shrewd deal with Denison Mines has recently given Cosa a 70% option on some of the premium unexplored targets left in the region. Now with 4 holes from last winter helping them vector in, Cosa has returned to the high potential Murphy Lake North property for an 8 hole, 3000m program to search again for their elusive discovery hole. Just 2km along trend from one of the most impressive uranium discoveries of all time - the Hurricane Discovery - which the Cosa team played an instrumental role in, there are lots of reasons to get excited. Currently drilling and potentially just weeks away from results, Cosa is approaching a potential hingepoint in its existence, and something investors should be watching closely.
Time Stamps
01:00 Elevator Pitch for Cosa right now
07:00 Uranium Macro - Supply Crunch
12:30 Why Should Cosa stand out for people
17:00 Why Murphy Lake North
22:00 What you found at Murphy Lake last winter
30:30 How common are false positives? Barren alteration zones?
36:00 Drilling and Drill Costs
44:30 How do you release results?
Final 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.

Founders Metals June 2025 Update: Building the Base of a Future Tier 1 Deposit

Link to companion article: https://juniorresourceinvesting.subst... Founders Metals released an exploration update today, covering 4 or 5 different targets, their drill results, and future plans. Colin joined me to discuss these results, place them in context, and give a bit more of an update beyond the news release. In an effort to get this out quickly, I will skip my companion article and focus on the video and summary. With a lot of news still anticipated - from both the drill bit and the board room - this remains a critical and exciting year for Founders.
Time Stamps
01:00 Key Takeaways
07:00 Rig Locations and Current Drill Plans
12:00 How many meters now?
14:00 More news to come?
19:00 Do you think you need more high grade to keep growing
24:30 Final 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.

Fathom Nickel Update: 2025 Exploration Plans for Nickel and Gold

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.

Approaching a Boiling Point: Arizona Gold & Silver is on the Verge of Critical Discovery Drilling

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.

Thesis Gold Announces Strategic Partnership with Centerra to Accelerate Lawyers-Ranch Gold Project

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.

Drilling in Tier-One Gold Territory: Miata Metals

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.

Contango Ore Beats Q1 Gold Production Guidance Amid Record Prices

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.