The Prospector News’ Michael Fox, Adam Hawkins from Global External, and Robert Winton Senior VP Operations of Gunnison Copper (TSX:GCU) discussed the challenges and solutions for the U.S. copper industry, focusing on the lack of smelting capacity and the need to reduce reliance on foreign processing. They explored the potential of Nuton’s bioleaching technology to revolutionize copper processing, offering an alternative to traditional smelting that could reduce environmental impact, water usage and the need for more smelters. The conversation highlighted the importance of government support, investment in exploration, and technological innovation to address the supply chain challenges and secure America’s access to critical minerals.

In this episode of the Prospector Podcast, host Michael Fox interviews Kimberly Ann, President & CEO of Lahontan Gold Corp (TSXV: LG) (OTCQB: LGCXF). She shares major updates on the company’s Nevada assets, growth strategy, permitting progress, and recovery after the Victoria Gold share overhang.

Lahontan operates in the prolific Walker Lane trend and controls a past-producing heap leach gold project with 2+ million ounces already on the books and significant expansion potential. Kimberly discusses permitting milestones, drilling, project economics, and why the company is on track for production by 2027.

Investors will hear how Lahontan is:

• Advancing permitting through NEPA and plan of operations

• Updating its resource and economic models

• Capitalizing on a higher gold price environment

• Managing funding with minimal dilution

• Unlocking new zones at York Pit and West Santa Fe

• Gaining momentum after share structure cleanup

If you’re interested in Nevada gold exploration, undervalued producers in development, or turnaround stories in mining, this is a must-watch.

🔗Company Website:

https://lahontangoldcorp.com
📬 Sign up for updates via the newsletter

In this in-depth discussion, Michael Fox and Chris Temple analyze President Trump's influence on the Federal Reserve and the U.S. economy. They explore the Fed’s potential September rate cut amid inflation and unemployment concerns, highlighting how surrendering to inflationary policies could worsen mortgage affordability and lead to a financial bust potentially worse than 2000 and 2008. The conversation dives into Trump's attempts to reshape the Fed, the limits of his legal power, and possible impacts on monetary policy.

They further examine the U.S. economy’s debt challenges, comparing current administration policies to Reagan-era economics, and warn of risks from ongoing deficit spending. Michael and Chris also assess the economic fallout from Trump’s tariffs, including shifting global trade dynamics and weakening U.S. influence.

The duo critiques Trump’s flawed trade deal strategies, illustrated by broken promises and incomplete projects, while reflecting on how his personality impacts policymaking. Finally, they discuss government involvement in private sectors and constitutional concerns, sharing insights into upcoming speaking events and directing viewers for deeper economic analysis.

Stay tuned for a comprehensive breakdown of Trump’s economic policies, Federal Reserve dynamics, and what it all means for the future of the U.S. economy.

In this episode of the Prospector Podcast, Michael Fox is joined by Terry Lynch President and CEO of Power Nickel (TSX-V: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV), which is advancing the Nisk polymetallic discovery in Nemaska, Quebec. Terry explained that the company initially focused on nickel sulfide but discovered the Lion Zone, a significant find with high copper, platinum, palladium, and gold content. The Lion Zone has seen consistent success with 15 hits last winter and 13 this summer, with the latest hole showing 32 meters of almost 7% copper equivalent.

Exploring New Mineralized Area Potential

Terry and Michael discussed the potential of a new mineralized area, which they believe could be even bigger than their initial nickel play. Dr. Steve Beresford, a polymetallic scientist, was brought in to assess the area and he suggested that it could be connected to the Nisk Main zone, potentially forming a large strike length. He also mentioned the possibility of a giant nickel sulfide body underlying the area. Terry mentioned that they are planning a 30,000 meter fully funded program starting October 15th, which they believe could lead to a world-class discovery. Dr. Beresford compared the area to Norelsk, the world's most valuable mine, and Sakati, another significant project in Finland.

Project Potential and Drilling Plans Discussed

Terry discussed the potential of their project, stating that they have only scratched the surface of what it could be. He mentioned that they will be stepping out more aggressively in the next round of drilling to bridge the gap between the two mineralized zones. Terry also highlighted the surprising productivity of the halo zone and the potential for the project to be much bigger than initially thought. He mentioned that they will resume drilling on October 15th and will continue to press westward on Lion. Michael expressed excitement about the project's potential and encouraged others to follow the story.

About Power Nickel Inc.

Power Nickel is a Canadian junior exploration company focusing on developing the high-grade Nisk project into Canada’s first Carbon Neutral Nickel mine.

The NISK property comprises a significant land position (20 kilometers of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding the historical high-grade nickel-copper PGE mineralization with a series of drill programs designed to test the initial Nisk discovery zone and to explore the land package for adjacent potential Nickel deposits.

In addition to the Nisk project, Power Nickel owns significant land packages in British Colombia and Chile. The Company is in the process of reorganizing these assets in a related vehicle, through a Plan of Arrangement that will be presented to Power Nickel shareholders of record for their approval.

To obtain Power Nickel’s Corporate Presentation, please use the link below:

http://powernickel.com/corporate_presentation.pdf

Power Nickel

https://powernickel.com/

In this episode of the Prospector Podcast, Host Michael Fox is joined by the National Investor Chris Temple to discuss the US election and the American economy. We start by highlighting the challenges the America economy is currently experiencing, drawing on past history of the Jimmy Carter Presidency. The question of whether either side wants to win is asked. The conversation then looks at the some of the policy proposals from both sides and what the repercussions of those policies might be. Finally, we discuss, in the likelihood of a fractured Congress (each party holding power in each house) what that would mean for the plans of either a Harris or a Trump Presidency.

The National Investor

https://www.nationalinvestor.com/

In this episode of the Prospector Podcast, Host Michael Fox and Jeff Christian of the CPM Group discuss the potential impact of the upcoming US election on the precious metals market, predicting increased volatility and uncertainty. They also analyzed ongoing geopolitical conflicts and their potential effects on the market, as well as the potential economic implications of the election. The conversation concluded with a discussion on the potential impact of the election on the stock market and the importance of diversifying one's wealth.

Geopolitical Tensions and Potential Confrontations

Michael and Jeffrey discussed the current geopolitical climate, focusing on ongoing conflicts in Ukraine, Israel, and Iran, as well as China's stance on Taiwan. Jeffrey clarified that these were not black swan events, as they were predictable. He also discussed the potential impact of the US election on these conflicts, political dissent within the UK and the EU, the rise of nationalist parties, and political unrest in Russia. Jeffrey suggested that the Biden or Trump administration might reduce government support for Israel's military actions against Iran, potentially leading to a nuclear confrontation. He also mentioned tensions between China and Taiwan, and China's increased militarism against its southern neighbors.

US Election Impact on Investments and Volatility

Jeffrey and Michael discussed the upcoming US election and its potential impact on international and domestic affairs. Jeffrey predicted increased uncertainty and volatility leading up to and following the election, which could result in increased interest in gold and silver investments. He also mentioned the possibility of "October surprises" involving personal revelations, domestic political surprises, and international incidents. Michael asked about the likelihood of foreign interference being revealed in October, to which Jeffrey responded that it wouldn't be a surprise given the known efforts of countries like Iran, China, and Russia to influence US social media. They also noted that the election was too close to call for many positions, including the presidency and state governorships, and anticipated volatility in precious metals due to the uncertainty surrounding the election. The conversation then shifted to the period between the election and the inauguration, with Michael asking what would happen if the outcome was still unclear. Jeffrey responded by saying that the situation would depend on the political landscape at that time.

US Election Impact on Gold and Silver Markets

Jeffrey discussed the potential impact of the upcoming US election on the gold and silver markets. He suggested that a Trump victory would likely lead to higher gold prices due to larger deficits and more volatile government and fiscal policies, while a Harris victory could result in greater profit-taking in gold and silver. Jeffrey also noted that the gold market has been holding on to positions despite expectations of profit-taking, indicating a significant amount of long exposure in the market.

US Presidential Election Impact on Financial Markets

Jeffrey and Michael discussed the potential impact of the US presidential election on financial markets. They agreed that a close election would prolong uncertainty and volatility, while a clear victory for either candidate would reduce this uncertainty. They also discussed the possibility of the Biden administration implementing significant domestic and international initiatives in the post-election period, regardless of the election outcome. Michael asked about potential "poison pills" that the Biden administration could leave for a potential Trump presidency, to which Jeffrey responded that the Biden administration would likely be more aggressive in pushing forward executive orders and legislative initiatives if it appeared that Trump was more likely to succeed.

The CPM Group

www.cpmgroup.com

Michael Fox host of the Prospector Podcast, interviews Kit Mars, President and CEO of Western Alaska Minerals (TSX-V: WAM). Kit discussed the company's project in Western Alaska, specifically the Illinois Creek mining district, which was initially discovered by Anaconda Copper Company in the 1980s. Kit mentioned that the project has advanced significantly since then, with two resources and a long carbonate replacement deposit system. The company went public in November 2021 and has been advancing the project since then. Kit also shared his thoughts on the recent mining finance summit in Beaver Creek, Colorado, stating that the sentiment was more optimistic than the previous year. Michael and Kit discussed the current state of precious metals and the market, noting that gold and silver prices have increased significantly. Kit highlighted the recovery of the metals market, particularly among producers, and mentioned a notable presentation by John Hathaway from Sprott, who provided a measured and insightful analysis of the gold market and macro economy.

Warm Springs Drilling Project Results and Future Plans

Michael and Kit discussed the impressive results from their Warm Springs drilling project. Kit explained that Warm Springs is a target they've been wanting to test for at least two and a half years, and the drilling was the first time they've hit this style of mineralization. The drilling has proven their model, showing that Illinois Creek represents the more proximal to a buried, intrusive, but proximal meaning higher temperature, gold, silver, and copper mineralization. Kit also mentioned that they have five more holes worth of assays to come, with results expected every couple of days. They plan to tie the picture together geologically and with geochemistry through the assays, and anticipate another news flow by the end of next week. Kit also mentioned an upcoming airborne geophysical survey, which they haven't had a chance to look at yet.

Water Pump Creek Project Economics and Illinois Creek Mine

Kit discussed the preliminary economics of the Water Pump Creek project, noting that the high silver prices could potentially make it a standalone operation. He also mentioned the Gold and Silver resource at the past-producing Illinois Creek mine, which could be revisited with updated metal prices. Kit expressed optimism about the upcoming news flow and the market's positive direction, looking forward to the development of their targets in the coming year.

About WAM

Our mission is to advance a mineable and scalable CRD, ultimately reshaping the mineral landscape of western Alaska and establishing a new CRD district.

WAM’s CRD system encompasses a 373K oz AuEq NI 43-101-compliant indicated and 152K oz AuEq Inferred resource* at the past producing Illinois Creek gold-silver mine*, and the Waterpump Creek high-grade silver-lead-zinc deposit with an inferred resource estimate of 74.9Moz at 980 G/T AgEq*, open to the north. Within the same CRD system sits the Honker gold vein prospect. Twenty-five kilometers northeast of the Illinois Creek CRD lies the Round Top copper and the TG North CRD prospects. All prospects were originally discovered by Anaconda Minerals Co. in the early 1980’s. WAM’s 100% owned claims and uplands mining lease cover 73,120 acres (114.25 square miles or 29,591 hectares), approximately 45 km east of an ocean barge-compatible section of the Yukon River. Since 2010, WAM, along with its precursor company, Western Alaska Copper & Gold, reassembled the Anaconda land package and has been engaged in exploring the district.

Headquartered in both Alaska and Arizona, WAM brings together a team of seasoned professionals with a shared vision of pioneering new frontiers in mineral exploration. Our strategic approach is underpinned by cutting-edge technology, innovative techniques, and a deep understanding of the geological intricacies of the region.

The Prospector Michael Fox and Joe Kizis President and CEO of Bravada Gold (TSX-V: BVA) (SSE:BRTN) (OTCQB: BGAVF) discuss the activities of Bravada Gold, an exploration company focused on gold and silver projects in Nevada. Joe explained that Bravada Gold uses a prospect generator model, acquiring projects and developing targets before bringing in partners for resource development. They have several projects in various stages, including the Wind Mountain Project. The conversation also touched on the recent discovery of 13 million ounces of gold by Anglo Gold, which has led to increased staking and exploration in the region. Joe mentioned that Bravada Gold has identified potential targets in the Walker Lane trend, including the East Walker project, which they are currently evaluating. Exploring Mining Developments and Company Plans Joe discussed the exciting developments in the area, particularly the historic Bodie mining camp and the recent discovery by Hecla Mining. He mentioned that the area is seeing a lot of activity, with companies like Newmont and Anglo Gold showing interest. Joe also talked about the company's plans to raise funds for further exploration, with a focus on geophysics and drilling. He mentioned that the company has a significant chunk of the district and is confident in the potential of the area. Joe also mentioned that the company has other projects, such as the Highland project and the Wind Mountain Project, which are ready for drilling and potential partnerships. About Bravada Bravada is an exploration company with a portfolio of high-quality properties in Nevada, one of the best mining jurisdictions in the world. Bravada has successfully identified and advanced properties with the potential to host high-margin deposits while successfully attracting partners to fund later stages of project development. Bravada’s value is underpinned by a substantial gold and silver resource with a positive PEA at Wind Mountain, and the Company has significant upside potential from possible new discoveries at its exploration properties. Since 2005, the Company has signed 33 earn-in joint-venture agreements for its properties with 20 publicly traded companies, as well as a similar number of property-acquisition agreements with private individuals. Bravada currently has 10 projects in its portfolio, consisting of 810 claims for approximately 6,500 ha in two of Nevada’s most prolific gold trends. Most of the projects host encouraging drill intercepts of gold and already have drill targets developed. Bravada Gold Corp. To Participate in the Private Placement Contact Jay Oness Tel: +1 (604) 641 2759 Email: joness@mnxltd.com

The Prospector Michael Fox is joined by Steven Zadka executive Chairman of Cerro de Pasco Resources (CSE: CDPR) (Frankfurt: N8HP), Steven discusses the recent sale of their non -core asset the Santander Mine. The sale cleans up the balance sheet of Cerro de Pasca and put the company in a better position for funding its primary project at Cerro de Pasco Peru.

About Cerro de Pasco Resources Inc.

Cerro de Pasco Resources is focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising silver-rich mineral tailings and stockpiles extracted over a century of operation from the Cerro de Pasco open pit mine in Central Peru. The Company’s approach at El Metalurgista entails the reprocessing and environmental remediation of mining waste and the creation of numerous opportunities in a circular economy. The asset is one of the world’s largest above-ground resources.

Cerro de Pasco Resources

https://www.pascoresources.com/

The Prospector Michael Fox is joined by Rob Bergmann, CEO of Relevant Gold (TSX-V:RGC) (OTCQB:RGCCF) to discuss the company's focus on developing gold exploration projects in Wyoming based on the scientific thesis that Wyoming and Abitibi were connected 2.7 billion years ago. The company has assembled a district-scale project portfolio and is conducting drilling campaigns at its Lewiston and Bradley Peak projects. Michael mentioned Relevant Gold's recent acquisition of strategic investor Kinross Gold and the deployment of secured capital into their exploration program. He highlighted the success of their detailed program at Bradley Peak, which identified multi-kilometer mineralized trends with high grades of copper and gold. Michael expressed optimism about the future 2025 drilling campaign based on the current programs' results, anticipating results from Bradley Peak by the end of the week and Lewiston in early December.

About Relevant Gold Corp.

Relevant Gold Corp. is a North American gold exploration company founded by experienced exploration geologists and operated by a highly respected team with a proven record of significant value creation for shareholders. Relevant Gold is focused on the acquisition, exploration, discovery, and development of district-scale gold projects in the state of Wyoming – one of the most mining-friendly jurisdictions in the United States and globally.

Relevant Gold https://relevantgoldcorp.com/

The Prospector Michael Fox is joined by the National Investor Chris Temple to discuss the Fed’s latest Interest rate decision. The Fed surprised everyone by reducing the rate by 50 basis points. Michael noted that in the last discussion, he had made a case for the Fed to hold rates steady in spite of signals that a rate cut was coming. Chris noted that “Recalibration” was the word of the day as Chairman Powell used it at least 9 times in the post rate announcement Press conference. The discussion continued to examine the knock-on effects the rate cut may have on the future economy. We examined past history of the 1970’s and the stagflation the economy experienced and how then chairman Volcker lowered rates only to have inflation return with a vengeance. Finally, we discuss the red herrings, Black swans and the other “oopsies” that could affect the economy going forward.

The National Investor https://www.nationalinvestor.com/

The Prospector Michael Fox and Mike Allen President and CEO of StrikePoint Gold (TSX-V: SKP) (OTCQB: STKXF) discuss the potential of Strike Point Gold, a company focused on precious metal exploration in premier jurisdictions. They highlight the company's two assets in the Walker Lane mineral belt in Nevada, with a particular focus on the Cuprite project. Mike Allen explained the reasoning behind acquiring the Cuprite project, its similarity to the significant AngloGold Silicon project nearby, and the results of the inaugural drill program. Michael discussed recent developments in the Walker Lane trend, including Cuprite LLC's interest in the area surrounding Strike Point’s claims. Also discussed were the plans for a future drill program.

About StrikePoint Gold

StrikePoint Gold is a gold exploration company focused on building precious metals resources in Canada and the Western United States.

The Cuprite Gold Project consists of approximately 574 unpatented claims covering approximately 44-square kilometers, located 15-kilometers south of Goldfield Nevada, and 85-kilometers northwest of Beatty. The project is easily accessible by Highway 95 on the western margin of the property. The project is located within the Walker Lane Gold Trend, which hosts AngloGold’s exciting Silicon Gold and Merlin discoveries approximately 75-kilometers southeast of Cuprite. In addition, the Walker Lane hosts Tier 1 gold mines including Kinross’s Round Mountain Mine located approximately 130-kilometers North of Cuprite Gold Project.

In addition to Cuprite Gold Project, the Company controls two advanced-stage exploration assets in British Columbia’s Golden Triangle: the past-producing high-grade silver Porter-Idaho Project and the high-grade gold Willoughby Project.

StrikePoint Gold https://strikepointgold.com/

Prospector News Michael Fox is joined by John Williams, the founder of Shadow Stats, who discussed the potential inaccuracies in the formation of job numbers. John Williams is an independent economist and his company's mission to provide independent forecasts based on actual data. He expressed his concerns about the current government figures for inflation and economic activity, particularly ahead of an election, and emphasized his commitment to providing politically independent forecasts. Williams also presented his "shadow stats" alternative unemployment measure, which includes discouraged workers and those working part-time, currently at 26.7%. The discussion highlighted job gains in sectors like healthcare, leisure, and construction, while manufacturing and retail saw losses, and Williams emphasized the potential political implications of the employment figures and their impact on the slowing economy.

Unemployment Statistics and Labor Market Discussion

John and Michael discussed the inaccuracies of the current unemployment statistics, specifically the undercounting of discouraged workers. John argued that the official unemployment rate of 4.2% significantly underestimated the actual situation of long-term unemployment and highlighted the major political issue of people wanting to work but being unable to find jobs. Michael agreed, pointing out that the official numbers did not meet the eye test and that a more accurate picture of the labor market would be provided by the broader measure of unemployment. They also discussed the unusual economic circumstances since the pandemic, with manipulations of data on unemployment, inflation, and oil and gas reserves etc.

To Contact John Williams of Shadow Stats

johnwilliams@shadowstats.com

(707) 763-5786

In this in-depth interview, Michael Fox sits down with Mike McGlone, Chief Commodity Strategist at Bloomberg Intelligence, to explore the latest trends and challenges in the precious metals market. They dive into silver’s recent rally driven by gold, with Mike predicting silver could reach $50, though its gains are tempered by industrial demand. Copper’s bearish outlook takes center stage, with Mike warning that a drop below $4.60 per pound could signal global economic weakness. Gold’s bull market continues, with predictions it might hit $4,000 amid stock market volatility.

The conversation also covers how electric vehicle trends impact platinum, palladium, and silver prices, noting that while short-term factors may support platinum and palladium, the long-term shift favors EVs and their material requirements. They analyze the influences of tariffs on inflation and corporate margins and discuss significant global price discrepancies in copper markets, raising concerns about potential prolonged market shifts.

Finally, Mike addresses the risks political pressure could pose to the Federal Reserve’s independence during an increasingly volatile period, emphasizing caution ahead.

Tune in for a comprehensive outlook on precious metals, copper, EV-related trends, and the broader economic landscape affecting these vital commodities.

Michael Fox host of the Prospector Podcast welcomed Mike Allen, the President and CEO of StrikePoint Gold (TSX-V: SKP) (OTCQB: STKXF) to discuss the recent acquisition of the Hercules Project in Nevada's Walker Lane. Mike explained that the Hercules Project was one, which he had previously worked on before it was acquired by another company> StrikePoint was able to acquired it at a significant discount due to the acquiring company's distress. He highlighted the project's significant size, covering over 1,300 claims and multiple showings, and its promising geological features.

Large-Scale Mining Project in Nevada

Mike Allen discussed the potential of a large-scale mining project in Nevada, which he referred to as a "generational mine". The project, which is already drilling, has several targets identified and is expected to yield significant results. He plans to visit the site to understand the new targets and prioritize drilling. He also mentioned that the project has three permits, with two pending, and drilling could begin early next year. Michael asked about the similarities between this project and Curprite, Strikepoint’s flagship property in the region. Mike responded that there are many, including the structure of the land package and the type of mineralization.

About StrikePoint Gold

StrikePoint Gold is a gold exploration company focused on building precious metals resources in Canada and the Western United States.

The Cuprite Gold Project consists of approximately 574 unpatented claims covering approximately 44-square kilometers, located 15-kilometers south of Goldfield Nevada, and 85-kilometers northwest of Beatty. The project is easily accessible by Highway 95 on the western margin of the property. The project is located within the Walker Lane Gold Trend, which hosts AngloGold’s exciting Silicon Gold and Merlin discoveries approximately 75-kilometers southeast of Cuprite. In addition, the Walker Lane hosts Tier 1 gold mines including Kinross’s Round Mountain Mine located approximately 130-kilometers North of Cuprite Gold Project.

In addition to Cuprite Gold Project, the Company controls two advanced-stage exploration assets in British Columbia’s Golden Triangle: the past-producing high-grade silver Porter-Idaho Project and the high-grade gold Willoughby Project.

StrikePoint Gold

https://strikepointgold.com/

Prospector News Michael Fox is joined by Chris Temple of the National Investor. They discussed the recent Federal Reserve meeting and its implications for the markets, including potential interest rate cuts and the impact on inflation. They also reviewed the August jobs numbers and the ongoing debates surrounding the accuracy of these figures. Lastly, they explored the causes and consequences of persistent inflation, the effectiveness of monetary policy, and the potential economic downturn and its effects on the stock market.

Federal Reserve Interest Rate Changes Discussed

Chris and Michael discussed the upcoming changes in interest rates by the Federal Reserve. Chris predicted multiple rate cuts starting next month, but emphasized that the terminal interest rate would still be higher than what the economy got used to. Michael acknowledged this, but also pointed out that the Fed has a mandate to keep inflation at 2% and the economy in full employment, suggesting that they might not reduce rates at all. Chris responded that the Fed would likely reduce rates to defend its reputation, despite potential political consequences. They both agreed that the Fed's handling of money printing and interest rates in the past has been criticized for being too slow.

Revised Jobs Numbers and Economic Trends

Michael and Chris discussed the recent debacle regarding the jobs numbers for August. Chris clarified that the Bureau of Labor Statistics had revised the figures, cutting over 800,000 jobs from the previous year's total. He explained that the monthly jobs numbers are subject to revisions due to the estimative nature of the data. Despite the downward revision, Chris emphasized that it did not significantly alter the overall economic picture, which he described as inevitably heading towards a slowdown. He suggested focusing on other indicators, such as production and shipping data, to gain a more comprehensive understanding of the situation.

Economic Downturn, Stock Market, and Elections

Chris and Michael discussed the upcoming economic downturn and its potential impact on the stock market and other investments. They noted that while the Federal Reserve's planned interest rate cuts may provide some relief, they typically come after the economic downturn has already begun and could lead to further declines. They also highlighted the need for investors to differentiate between sustainable and non-sustainable market rallies.

Follow Chris at the National Investor https://www.nationalinvestor.com/

Prospector News Michael Fox is joined by Keerit Jutla, President and CEO of AME BC. We discussed a recent court case, Gitxaala vs British Columbia, concerning the consultation with indigenous peoples during the process of granting mineral claims or staking claims. The court found that the Mineral Tenure act is constitutional and did not impact existing mineral claims in British Columbia, but granted the province 18 months to develop a consultation standard for staking. Keerit emphasized the importance of building a staking system with consultation standards, stressing the need for understanding the practical aspects of staking, prospecting, exploration, and mining.

Keerit discussed the challenges faced in working with government and other stakeholders over the past year, emphasizing the importance of ensuring government work is within scope. He highlighted the need for clear and transparent standards, and expressed concerns over continuous shifts in goalposts. Keerit also discussed the government's consultation process regarding a court case, expressing concerns about the government's unilateral actions and the lack of communication between different stakeholder groups. Furthermore, he clarified the scope of the Mineral Tenure Act and the need for industry associations to maintain their focus, not getting involved in tasks outside their scope. Keerit also expressed hope that the government would respect their proposed solutions and processes, and stressed the need for a fair, stable, and clear system that would not disadvantage smaller players in the industry.

He also highlighted the significance of consulting with local communities and ensuring that their voices are heard. He also highlighted the challenges faced in working with government and other stakeholders, and the importance of a fair, stable, and clear system for mineral exploration. Lastly, the need for a reconciliation-focused approach in British Columbia was emphasized, with a focus on evidence-based policy decisions and fairness, particularly in light of the upcoming election.

Keerit emphasized the importance of mineral exploration for the Canadian mining industry and its contribution to the country's economy. He highlighted the need for a significant increase in critical mineral supply by 2050, as per the World Bank's prediction, and urged the government to adopt a non-exploitative approach to mineral exploration. Keerit also expressed his concerns about the industry being stigmatized and misrepresented, and called for fair representation and access to resources for all British Columbians, regardless of their location. He urged political parties to consider these issues before the upcoming election.

Finally, we discussed the need for a reconciliation-focused approach in British Columbia, emphasizing the importance of evidence-based policy decisions and fairness. The need is urgent especially in light of the upcoming Provincial election in October and the deadline set by the judge for March 2025.

Join AME BC for its Annual Convention January 20 – 23, 2025 in Vancouver BC https://roundup.amebc.ca/register/

Michael, host of the Prospector News podcast, welcomed back Ryan Sistad of Better in Our Backyard to discuss a bipartisan bill co-sponsored by Senators Mancin and Barrasso aimed at streamlining project timelines and limiting legal challenges. Ryan emphasized that while the bill is not a massive improvement in timelines, it would provide a 150-day limit for judicial review of agency decisions, a significant step forward. Michael noted that the bill is part of Senator Manchin's legacy and his motivation to get it passed before the next Congress takes hold.

Discrepancies in Permit Application Process

Michael and Ryan discussed the differences in the permit application process between Canada and the United States. Michael expressed surprise at discovering that in the US, objections to a permit could be raised after it was issued, leading to potentially lengthy legal challenges. Ryan confirmed this, highlighting that the strategy of NGOs was to delay projects through multiple legal challenges.

Improving Judicial Process for Companies

Michael and Ryan discussed the need for a more efficient judicial process to provide companies with a clearer timeline for decisions. Ryan highlighted the significance of a 150-day timeline for judicial appeals found in the Bill, which would allow companies to better plan their activities.

Permit Revocations, Permitting Reform, and Mining Industry

Ryan and Michael discussed the importance of the Army Corps' revocation of a permit and how it highlights the need for legislation.

They also discussed the ongoing permitting reform led by Mancin and Barasso, which they believe should solve the problem of permit revocations. The conversation then shifted to the uncertainty surrounding the future of the mining industry under different presidential administrations. They discussed the mixed records of the Biden and Trump administrations and the potential outcomes of a Harris administration. They also touched on the pragmatic approach of Governor Waltz, his support for industry projects, and his track record. As well as Former President Trump’s support for the industry.

Better in Our Backyard

https://betterinourbackyard.com/

Prospector News, Michael Fox is joined by regular contributor Ted Butler. Michael and Ted discussed the environmental impact of the transportation system, with a focus on trains and their role in reducing emissions. They also explored the differences in rail infrastructure and usage between North America and Europe, and the significant copper consumption in the construction of rail infrastructure, particularly in China. Lastly, they examined the current state of high-speed rail infrastructure in Europe and North America, the potential of high-speed rail to decarbonize the airline industry, and the impact of metal consumption for rail infrastructure.

Train Transportation and Environmental Impact Discussion 

Michael and Ted discussed the environmental impact of the transportation system, focusing on trains. Ted explained that trains are one of the greenest transportation methods, accounting for only 1% of global transport emissions. He noted that rail has the lowest emissions compared to other transport options on a well-to-wheel basis, producing around one-third of the next least polluting transport method, buses. However, he pointed out that 70% of electric rail produces indirect emissions due to reliance on non-renewable electricity sources. Michael and Ted also discussed the differences in rail infrastructure and usage between North America and Europe.

Copper Consumption in Rail Infrastructure Expansion Ted discussed the significant copper consumption in the construction of rail infrastructure, particularly in China where 2-5 tons of copper are used per kilometer of electrified track. He estimated that the expansion of China's high-speed rail network to 50,000 kilometers by 2025 would require an additional 80,000 tons of copper. Michael highlighted the lack of funding and resources in North America to convert the continent's rail system to electricity. Ted then discussed India's ambitious plans to operationalize 4,500 Vande Bharat Semi high-speed trains by 2047, which would require significant amounts of copper and silver for solar power generation.

High-Speed Rail Infrastructure and Decarbonization

Michael and Ted discussed the current state of high-speed rail infrastructure in Europe and North America. Ted highlighted the cancellation of the northern leg of the HS2 project in the UK and the potential for a new Labour Prime Minister to build HS2 in full, while also noting Europe's significant advancement in this area, particularly France's proposed Grand Paris Express. They also explored the potential of high-speed rail to decarbonize the airline industry, the challenges and opportunities of electrifying the rail system in North America, and the impact of metal consumption for rail infrastructure.

Planes Trains and Automobiles

Part 2 Article

https://theprospectornews.com/#july-august-2024/4

Part 1 Article

https://theprospectornews.com/may-june-2024-prospector-is-available-for-download/#may-june-2024/4

Part 1 Podcast

https://www.youtube.com/watch?v=Bm4WHT5q4qw

Prospector News Michael Fox is joined by Chris Temple of the National Investor for a Post-Fed discussion. Michael and Chris discussed the recent changes in the stock market, the potential for the Federal Reserve to lower interest rates, and the implications of a prolonged period of stagflation. They also analyzed the current state of the economy, the challenges the Federal Reserve is likely to face, and the concerning levels of government and consumer debt. Lastly, they discussed the changing economic landscape, particularly its impact on various sectors, and predicted a slow, dull ache for the US economy in the coming years.

Stock Market Changes and Fed Rate Cuts

Michael and Chris discussed the recent abrupt changes in the stock market and the potential for the Federal Reserve to lower interest rates. Chris explained that the markets had made one of the most abrupt changes he could remember in 40 plus years, and that the Fed's delay in cutting rates had led to a minor panic. He predicted that there was now a 3 out of 4 chance that the Fed would cut rates by 50 basis points in September, rather than the initially expected 25, due to weaker economic statistics and employment numbers. Michael agreed, noting that the markets often interpret negative news as a positive sign that the Fed will cut rates sooner, but warned that such cuts could indicate that the economy was in trouble.

Commodity Market Trends and Focusing on Essentials

Chris and Michael discussed the current state and future trends of commodity markets. Chris argued that despite the current economic downturn, the long-term demand for commodities like copper and oil would remain high due to their essential role in various industries. He also pointed out that any short-term decline in demand would be brief, as supply levels were already low. Michael added that the diesel gasoline and corrugated cardboard markets, which reflect shipping trends, have been consistently declining. Both agreed on the need to focus on essential needs in the future.

Stagflation and Inflationary Pressures Discussed

Chris and Michael discussed the current state of the economy, predicting a prolonged period of stagflation. Chris noted a decrease in consumer activity and an increase in prices for necessary goods like fuel and food. He also mentioned a rise in insurance rates, indicating that inflationary pressures are affecting various sectors. Michael added that while other sectors like consumer goods and electronics have seen a decrease in prices, inflationary pressures from insurance, healthcare, and energy have kept overall inflation high. Both agreed that even a 3% annual increase in inflation would be added to a much higher base price, significantly impacting the average household.

Federal Reserve Challenges and Stimulus Solutions

Chris discussed the challenges the Federal Reserve (Fed) is likely to face in the coming year. He noted that the Fed is expected to make aggressive rate cuts to mitigate the damage caused by inflation, which has already been high. Chris pointed out that year-over-year inflation comparisons for the next year would be difficult due to the significant drop in inflation rates last year. He also highlighted that the Fed's decision to increase the money supply has led to higher debt levels and interest costs, making it mathematically impossible to have an extended period of disinflation. Chris suggested that the next stimulus program, if focused on productive areas like energy transition, could help mitigate the effects of chronic inflation.

The National Investor

https://www.nationalinvestor.com/

Prospector News Michael Fox is joined by Robert MacDonald, VP Exploration of Equity Metals (TSX-V:EQTY) (OTCQB:EQMEF) (FRA:EGSD). Michael and Robert discussed the progress of Equity Metals' projects. Robert provided an overview of the company's flagship project, the Silver Queen Project in British Columbia, which has seen significant mineral resource growth from 39 million silver equivalent ounces in 2020 to 85 million in 2022. The team is aiming to expand this to 120 million silver equivalent ounces. They also discussed the results of recent drilling at the George Lake Target, which yielded robust numbers including 8.8 meters of 324 grams per ton silver equivalent. The team is continuing to explore and drill in various areas to grow mineral resources.

Drilling Programs and Upcoming Updates

Robert discussed the ongoing drilling programs at the George Lake and Camp deposits. He explained that they had completed 18 holes at George Lake, with assays from 13 additional holes pending due to slower turnaround times from assay labs. Results from the first 5 holes had been promising, and they anticipated publishing more results over the coming weeks and months. At the Camp deposit, they had identified 6 holes, with 5 complete and 1 ongoing, planned to total 2,500 meters. The drilling here aimed to fill in gaps and extend veins, with potential to bring additional resources into the deposit.

Next Steps

• Equity Metals team to continue drilling and analysis in the Camp deposit area, focusing on filling gaps and extending veins.

• Equity Metals team to analyze pending assay results from 13 additional holes in the George Lake area to inform future drilling plans.

• Equity Metals team to resume drilling operations in September after evaluating current results and updating models.

About Equity Metals Corporation

Equity Metals Corporation is a member of the Malaspina-Manex Group. The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining District, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest (57.49%) in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. The Company also has royalty and working interests in other Canadian properties, which are being evaluated further to determine their value to the Company.

Equity Metals

https://equitymetalscorporation.com/

Prospector News Michael Fox is joined by the Mike McGlone Senior Commodities Analyst at Bloomberg Intelligence. We take a hard look at the commodities gains through the first half of 2024. Since reaching peaks in late May to early June, most commodities have been retreating back to their means in July. We look forward to an uncertain future with world geopolitics, US Election and recession all in the cards for the back half of the year. Mike McGlone discusses how he sees the commodity world playout for the back half of the year.

Prospector News Michael Fox is joined by the President and Founder of the CPM Group, Jeff Christian. Last week the CPM Group launched its Annual PGM Yearbook and we get to take an overview of the PGM markets. Demand is essentially dictated by the transportation market as this is by far the largest user of PGMs in catalytic converters. There are many headwinds for PGMs here. Automotive sales have been in decline since 2019 and are looking to continue that downward trend. Electric Vehicles (there are no PGMs used in EVs) now make up 13% of the overall market also taking a bite out of PGM demand.

EV sales in recent years seem to be topping out with Western consumers as some of the selling features seemed to have been overblown. For example, they may not reduce the carbon footprint but simply move who is responsible for carbon outflow. Batteries from the earliest of adopters are now reaching their end of life and consumers are now facing battery replacement bills in the thousands of dollars.

Given that EV sales don’t appear to be able to get to the levels gov’ts are dictating (these targets keep moving further out) it is possible that EV requirement might get switched out for hybrids going forward. As hybrids use more PGMs than conventional internal combustion engines this would ultimately be good for the PGM Market.

Supply side has issues. The 2 largest suppliers are South Africa (social and Labour issues) and Russia (Sanctions and war) there could always be potential interruptions to the supply chain but given the importance of the PGM to Western Automakers and to the economies of both countries, it is anticipated that these issues would be short-lived.

Get your copy of the PGM Yearbook and the Gold and Silver Yearbooks Here https://cpmgroup.com/store/

The Prospector News, Michael Fox is joined by Robert MacDonald, Vice President of Exploration for Southern Silver Exploration Corp. (TSX-V:SSV) (OTCQX:SSVFF). We discuss the recent findings of the company’s PEA on the Cerro Lss Minitas project in Durango State Mexico. The project boasts a preliminary 17-year life of Mine with a payback period of 48 months on the base case. The Internal rate of return after taxes is 21.2% the current prices for metals are well above the base case making this project even more attractive.

The Mine plan is for a large-scale underground mine with a capex of $565 Million. This will keep the project out of permitting purgatory with Mexico possibly moving to stop permitting new open pit mines. The new mining regulations have a focus on water and Rob outlines how the company plans to minimize water use and recycle the water that is used.

Future plans include de-risking the project further and doing more exploration to increase the mineral resources further before undertaking a pre-feasibility study.

 About Southern Silver Exploration Corp.

Southern Silver Exploration Corp. is an exploration and development company with a focus on the discovery of world-class mineral deposits either directly or through joint-venture relationships in mineral properties in major jurisdictions. Our specific emphasis is the 100% owned Cerro Las Minitas silver-lead-zinc project located in the heart of Mexico’s Faja de Plata, which hosts multiple world-class mineral deposits such as Penasquito, Los Gatos, San Martin, Naica and Pitarrilla. We have assembled a team of highly experienced technical, operational and transactional professionals to support our exploration efforts in developing the Cerro Las Minitas project into a premier, high-grade, silver-lead-zinc mine. Our property portfolio also includes the Oro porphyry copper-gold project and the Hermanas gold-silver vein project where permitting applications for the conduct of a drill program is underway, both located in southern New Mexico, USA

Southern Silver Exploration https://southernsilverexploration.com/

Join Michael Fox as he interviews Maura Kolb, President and CEO of Dryden Gold (TSX-V: DRY) (OTCQB: DRYGF), about their exciting gold exploration activities in Northwestern Ontario. Discover how Dryden Gold is advancing its flagship Gold Rock camp while exploring 70,000 hectares of underexplored land with excellent infrastructure. Maura shares insights on their successful summer drilling campaign, including breakthrough discoveries of high-grade gold mineralization and multiple stacked structures between key targets like the Jubilee and Pearl. Learn about their systematic yet aggressive approach to expanding the Gold Rock system and their collaboration with structural experts to better understand controls on mineralization. With $7.8 million raised—primarily earmarked for exploration—Dryden Gold is ramping up drilling and regional programs, aiming to unlock the full potential of their extensive land package. Stay tuned for evolving results and the growing story of gold discovery in the Dryden district!

ABOUT DRYDEN GOLD CORP.
Dryden Gold Corp. is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange and traded on the OTCQB. The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100% interest in a dominant strategic land position in the Dryden District of Northwestern Ontario. Dryden Gold acknowledges all Indigenous Peoples and that it is operating on the traditional homelands of the Wabigoon Lake Ojibway Nation and Eagle Lake First Nation. Dryden Gold’s property package includes historic gold mines but has seen limited modern exploration. The property hosts high-grade gold mineralization over 50km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce.

Dryden Gold

https://drydengold.com/

The Prospector News, Michael Fox is joined by Jeff Swinoga, President and CEO of Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634). We discuss the new discovery announced on their saddle zone located on the Appleton Fault in Central Newfoundland Canada. Exploits Makes New Discovery with 67.55 g/t Au Over 3.30 m with Visible Gold Including 254.08 g/t Au Over 0.80 m at “Saddle Zone”

We discuss how this reinforces the theory that the Appleton Fault originally discovered by New Found Gold continues through Exploits Discovery. As a significant shareholder in Exploits New Found shares data with the company and Exploits appreciates the assistance that their “Big Brother” provides.

About Exploits Discovery Corp. 

Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. Exploits is utilizing its experienced, talented local team and geologic understanding with the vision to become one of the most successful explorers in Canada.

Exploits Discovery Corp

https://exploitsdiscovery.com/

The Prospector News Michael Fox is joined by Ramon Davila on the ground in Guanajuato Mexico. Ramon is the former Minister of Economic Development for Durango State in Mexico and is our source for what is happening politically in that country. We discuss the results of the recent Mexican election and its potential effect on the mining industry and the economy as whole. In spite of President Elect Claudia Sheinbaum’s assurances that Mexico is open for business, it would appear that in September when gov’t returns, they are going to move forward with the open pit mining ban as well as the wholesale changes to the existing mining policies. We discuss what and how they would be implemented and the impacts on current and new operations in Mexico and the downstream impacts on other industries such as Solar panels and Automotive manufacturing as well as the cement and construction industries (as much of the material for those industries come from open pits.

We won’t know for sure all the elements of the legislation until it is tabled in September so for now, we must take a wait and see posture to see what will happen.

Prospector News Michael Fox is joined by Kit Marrs, CEO and Founder of Western Alaska Minerals (TSX-V:WAM). The company looks like it is a newcomer as it only went public in November of 2021, the management team has worked on this property since 2010, so the project is much more advanced than most newcomers. We discuss Alaska as an underdeveloped area with much potential. We also discuss how being on state land eases the permitting challenges for the company Vs being on Federal Land.

Western Alaska Minerals want to be a part of the next chapter in the long mining history of Alaska. We discuss the Waterpum Creek deposit as well as the Illinois Creek deposits. The planned drill programs are to step out these 2 deposits through the Warm Springs and LH target Zones to illustrate that there is a linkage between these 2 deposits.

About Western Alaska Minerals

Our mission is to advance a mineable and scalable CRD, ultimately reshaping the mineral landscape of western Alaska and establishing a new CRD district. 

WAM’s CRD system encompasses the (past producing) Illinois Creek gold-silver mine, the Waterpump Creek high-grade silver-lead-zinc deposit, open to the north, and the Honker gold prospect. Twenty-five kilometers northeast of the Illinois Creek CRD lies the Round Top copper and the TG North CRD prospects. All prospects were originally discovered by Anaconda Minerals Co. in the early 1980’s. WAM’s 100% owned claims cover 73,120 acres (114.25 square miles or 29,591 hectares), approximately 45 km east of an ocean barge-compatible section of the Yukon River. Since 2010, WAM, along with its precursor company, Western Alaska Copper & Gold, reassembled the Anaconda land package and has been engaged in exploring the district.

Headquartered in both Alaska and Arizona, WAM brings together a team of seasoned professionals with a shared vision of pioneering new frontiers in mineral exploration. Our strategic approach is underpinned by cutting-edge technology, innovative techniques, and a deep understanding of the geological intricacies of the region.

To View the Video from Senior Product Geologist Sage Langston-Stewart

https://www.youtube.com/watch?v=Xu8VnNTUfAY

Western Alaska Minerals

Western Alaska Minerals

Michael Fox of the Prospector News is Joined by Jeff Christian the Managing Partner of the CPM Group. Our conversation is focused on where and how to look at the Silver Markets. We start the conversation on why most analysts are focused on Silver as an Investment Metal instead on the Industrial Metal which makes up the largest demand. Jeff states that Investment demand represents the largest changing variable (on a year-to-year basis) that it has an outsized reflection on price.

We move the discussion forward on a look at the Gold:Silver ratio and discuss if it is an indicator of price. We discuss whether given Silver’s role as an industrial metal if the Copper:Silver ratio is more reflective. Jeff opines that the better indicator is not a ratio at all but the movement in the actual copper prices.

Finally, we discuss how correlation is not necessarily. Beyond the ratio discussion we discuss what causal effects can affect the silver markets. It’s more complex than you may think it is. And in a tip of the cap to the Stanley Cup and “Playoff Beards” we discuss the “Superstitious” causes that have no effect at all.

To Order the Gold, Silver and PGM Yearbooks

https://cpmgroup.com/store/  

Register for the PGM Yearbook Webinar Launch July 16th

Michael Fox of the Prospector News is joined by Ken Konkin, President and CEO of Tudor Gold (TSX-V: TUD) (Frankfurt: H56). We discuss the company’s plans for the next several months. The Summer drilling program is being used to define the lay out of the potential mine. As Ken puts it, they are looking for the “Front Door of the Mine”. This is key to make sure that potential ramps etc. are running through dead rock and not through areas of high-grade material. A successful program will define this and set the company up to have a PEA done in early 2025 to show the economics of the potential mine. The PEA is planned to have a heavy emphasis on engineering in order to provide a clear path to the preliminary feasibility study that would need to come next.

About Tudor Gold

TUDOR GOLD CORP. is a precious and base metals exploration and development company with claims in the Golden Triangle of British Columbia (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913-hectare Treaty Creek Project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and Newmont Corporation’s Brucejack property to the southeast.

Tudor Gold https://tudor-gold.com/

Michael Fox of the prospector News is joined by Guy Goulet the President and CEO of Cerro de Pasco Resources (CSE:CDPR (OTC Pink:GPPRF). We discuss the history of the Cerro de Pasco region as the premier mining district in Peru for over 400 years then move to the history of the actual Cerro de Pasco Mine. Operations that mined more quickly than they processed the ore has led to opportunity for vast amounts of leftover ore in the massive above ground tailings on site.

 On May 28th the company was granted its long awaited access permit for its site. (Press Release Here) This was the starting gun that the company was waiting for. They will now move very quickly to prove a NI43101 resource in the tailings (Drills turning in the next few weeks) followed up by a new PEA and Feasibility Study. Drilling is to determine not only the amount of silver that was left behind, but the presence and amounts of several Rare Earth Critical Minerals also shunted off in the past as waste.

Production on the tailings is anticipated to begin in 2026

About Cerro de Pasco Resources

Cerro de Pasco Resources is a mining company, with the goal to become the next mid-tier producer in Peru. CDPR is focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising mineral tailings and stockpiles extracted from the Cerro de Pasco open pit mine in Central Peru. The company’s approach at El Metalurgista entails the reprocessing and environmental remediation of mining waste and the creation of numerous opportunities in a circular economy. CDPR is also focused on mining, development, and exploration of its wholly owned 6,000-hectare Santander Mine in the highly prospective Antamina-Yauricocha Skarn Corridor, located 215 km from Lima. CDPR is founded on clear objectives, to engender long-term economic sustainability and benefit for the local population, from an economic, social and health point of view.

Cerro de Pasco Resources https://www.pascoresources.com/

Michael Fox of the Prospector News is joined by regular contributor Ted Butler to discuss the recent first part of a 3-part series on decarbonization of transportation. The series called Planes, Trains and Automobiles, the first part discusses decarbonization of the aviation industry. Although government net Zero targets are being set for 2035, technological barriers will prevent aviation from reaching those goals until at earliest 2050.

 At This stage there seems to be only 2 options for decarbonization; Biomass Fuels or Hydrogen. The aviation industry itself seems to be leaning in on Hydrogen as its solution. We discuss what this means and its costs. This includes the hard dollar investments on retooling and replacing the current fleets of aircraft and the infrastructure need to supply the industry with its Hydrogen. We also examine the effects on the critical metals industry to supply what is needed particularly nickel.

Read Ted’s Article in the May Prospector News Here https://theprospectornews.com/#may-june-2024/4

In this podcast, Wes Adams, CEO of Visionary Metals (TSX-V: VIZ), provides an in-depth update on their ongoing exploration in a previously untapped greenstone belt in Central Wyoming since 2020. Focusing on gold and nickel potential, Wes highlights their first promising nickel discovery at King Solomon and several other targets, including their primary nickel project called Tin Cup. He shares the exciting news of a strategic alliance with Teck Resources, who invested about $1.2 million for a stake in Visionary and the right to earn up to 70% in any of their three key land packages: King Solomon, Tin Cup, and Diamond Springs.

Wes details the advanced exploration techniques they are employing, like the upcoming VTEM survey covering their extensive 40 square kilometer claims to detect conductive nickel sulfide deposits up to 400 meters deep. He also explains the historical significance of mining in Wyoming, touching on his grandfather’s legacy in uranium discoveries and nuclear energy companies.

The video covers Visionary Metals’ strategic positioning, extensive land holdings, and a methodical approach to exploration—starting with detailed airborne surveys, followed by data analysis, field validation, and planned drilling next summer. Wes emphasizes their strong financial footing through strategic partnerships and grant opportunities, all aimed at unlocking the region’s significant nickel and gold mineral potential.

This discussion offers valuable insights into emerging nickel exploration in North America and Visionary Metals’ methodical path to discovery and resource development.

About Visionary Metals Corp.

Visionary Metals Corp. is a Vancouver-based exploration company focused on base and precious metals exploration in Fremont County, Wyoming. With a 40 km² land package in the Granite Mountains, Visionary is advancing nickel, copper, gold, and cobalt projects, highlighted by Wyoming’s first nickel discovery at King Solomon in 2022. The Company’s exploration targets mirror the geological framework of Western Australia’s Yilgarn Craton, positioning Visionary as a leader in Wyoming’s nickel frontier.

Visionary Metals

https://visionarymetalscorp.com/

In this insightful interview, Michael Fox sits down with Mike Rowley, President and CEO of Stillwater Critical Minerals (TSX-V: PGE) (OTCQB: PGEZF) (FSE: J0G), and Dr. Danie Grobler, VP of Exploration, to discuss exciting developments at the Stillwater complex. The conversation covers the company’s recent $8.7 million financing round—including the third investment from Glencore—and its ambitious plans to expand and explore significant reserves of nickel, copper, cobalt, platinum group metals, and gold.

Dr. Grobler provides an in-depth update on ongoing drilling activities at the Crown Mountain and Iron Mountain targets, where two rigs are currently operating over 7 kilometers apart. He explains how the team is leveraging data from a recent magnetotelluric survey to pinpoint promising zones, with drill holes already exceeding 700 meters in depth. The presence of conductive anomalies hints at substantial sulfide mineralization extending deep into the floor rocks, signaling strong potential for discovery.

The discussion highlights Stillwater’s expertise in mafic-ultramafic intrusions, including collaboration with renowned geologist Professor Wolfgang Maya, and the immense scale of the deposits, which may connect over a 10-kilometer strike across five main deposits. Mike Rowley emphasizes that while the company has numerous compelling targets, funding remains a constraint—offering significant upside for growth and expansion in the near term.

Tune in to learn more about Stillwater Critical Minerals’ strategic exploration plans and the future outlook for this promising critical minerals play. Assay results from the current drilling are anticipated by the end of September.

About Stillwater Critical Minerals

Stillwater Critical Minerals is a mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in Montana, USA. With the addition of two renowned Bushveld and Platreef geologists to the team and strategic investments by Glencore, the Company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group, nickel, and other metals by neighboring Sibanye-Stillwater.

In this interview, Michael Fox sits down with Mike Stark, President and CEO of Arizona Gold and Silver (TSX-V: AZS)  (OTCQB:AZASF) , to discuss the latest drilling results from their Philadelphia gold project in northwest Arizona. Mike reveals that Hole 154 uncovered a vein 59% wider than expected, with gold grades improving from 1.7 grams at the surface to 4 grams over 22 meters. The reduced breccia in recent holes suggests a higher-grade zone akin to the nearby Oatman mine, which produces 2 million ounces. Hole 156, currently being assayed, is expected to show even stronger results.

They dive into the promising data from holes 154, 155, and the recently released results from 156, indicating a large, high-grade vein system that could be economically viable despite some underground mining limitations. The discussion highlights promising vein structures extending about 1,000 feet in length, with potential depth and grades similar to major deposits like Oatman and Nevada’s Merlin.

Mike also shares plans for ongoing drilling across a 3-kilometer vein system, with only a small portion of the property explored so far. The interview covers access to updated core samples and project info on the company’s website, as well as Mike’s commitment to shareholder communication. Both hosts are enthusiastic about the project’s potential and look forward to upcoming results and developments.

Latest Press Release on Hole 156: 

https://arizonagoldsilver.com/news-releases-2/ 

Philadelphia Project Page with Core Images: 

https://arizonagoldsilver.com/philadelphia/

Arizona Gold and Silver Website: 

https://arizonagoldsilver.com/

If you enjoyed this gold exploration update, hit LIKE, SUBSCRIBE for more mining interviews, and COMMENT below: What's your take on the Philadelphia Project's potential? #GoldMining #ArizonaGoldAndSilver #DrillResults #JuniorMining #PreciousMetals #OatmanMine #MiningStocks

Michael and Ted J Butler discuss the complexities of doing business in Africa's mining sector, focusing on Ted's article "Blood Cobalt and the Art of the African Deal," which critiques Trump's efforts to position himself as a peacemaker in the Democratic Republic of Congo (DRC) to challenge China's control over critical mineral resources. Ted is skeptical about the peace deal, seeing it as more about appearances than addressing deep-rooted corruption and conflict in the region.

They explore the history of US and European exploitation and intervention in Africa, particularly in Congo, underscoring colonial exploitation, political interference, and devastating conflicts like the Congo War. They argue that Trump's peace deal aims to secure US investor access to Africa's mineral wealth under the guise of improving security, drawing parallels to historical US strategies of supporting dictators for economic interests.

China's growing dominance in Africa is highlighted, with China now the largest trading partner for 97% of African countries, contrasting with 35% in 2003. African resources such as gold, rare earths, copper, and tantalum, vital for green energy, AI, and military uses, are central to this dynamic. While Russia exerts influence via the Wagner Group, China's success stems from infrastructure investments like railways and ports, outpacing Western financial aid efforts.

The discussion touches on African nations in the Sahel pivoting away from French influence towards BRICS countries that invest in infrastructure rather than perpetuate aid dependency. However, despite infrastructure projects, poverty and human rights issues remain. Ted and Michael conclude that African countries must balance attracting foreign investment with building strong legal institutions to stabilize their resource-rich but conflict-prone regions.

Michael Fox and Jeff Christian, Founder and Managing Partner of the CPM Group, provide an in-depth analysis of the 2024 performance and future outlook for platinum group metals (PGMs), including platinum, palladium, and gold. They explain that strong fabrication demand from the auto industry and reduced mine production caused unexpected price spikes in platinum during June and July 2024, along with a sharper-than-anticipated contraction in the supply surplus. Despite recent growth, platinum prices remain below gold, which benefits from stronger investment demand amid economic and political uncertainties, while platinum's demand is mainly auto-related and challenged by EV market share gains.

Jeff highlights that increased platinum trading in China did not correspond to higher imports, and he dismisses the idea of a Russia-South Africa PGM cartel due to financial constraints and historical reluctance to politicize exports. The discussion covers shifting automotive trends, noting a possible resurgence of hybrid vehicles in the West that consume more PGMs due to larger engines and cold starts, supporting PGM demand, whereas in China, smaller electric vehicles dominate due to demographics and incentives.

They emphasize the key factors shaping PGM markets: the delicate balance of supply and demand, government policies favoring hybrids or electric vehicles, and economic drivers affecting prices. Jeff recommends CPM Group’s annual market reports and YouTube content for ongoing detailed precious metals analysis, myth debunking, and market forecasts, including a prediction of platinum and palladium prices returning to previous trading ranges as automotive demand shifts.

This discussion offers comprehensive insights into how global automotive trends, geopolitical events, and supply dynamics influence PGM markets, with nuanced views on platinum versus gold pricing and evolving demand sources.

Michael Fox and Chris Temple of the National Investor discussed the recent FOMC meeting where two Fed officials dissented, highlighting concerns about the underlying economic weakness and the inflationary risks posed by President Trump's tariffs. They analyzed how revenue from existing tariffs could reach $300-400 billion annually but warned that the long-term economic costs may outweigh these benefits. Chris predicted a negative economic outlook for Q3 if tariff policies continue unchanged.

They also examined Trump's trade policies toward China and Canada, noting the weak justifications for tariffs and Trump's pragmatic approach to negotiations amid complex economic interdependencies between the US and China. Michael likened the US to an out-of-shape athlete struggling to compete with China's economic strength, emphasizing the need for the US to fix its internal inefficiencies.

On the topic of debt, Chris explained that China's debt-to-GDP ratio is around 350%, causing its current credit crisis, whereas the US's roughly 100% ratio is more manageable despite planned debt increases. They noted that China's reduction in US Treasury holdings shapes the global economic interdependence.

Regarding the Federal Reserve, they agreed more monetary easing is likely, with the Fed quietly supporting markets behind the scenes. They discussed potential shifts away from the US dollar as the global reserve currency, with countries like Canada and the EU possibly using euros more.

Michael asserted the US is in a stealth recession masked by strong data in some sectors but weakened job markets, car loans, and housing affordability. Chris described the economy as a "Tale of Two Cities," with some strength and some broad slowdown. They explored policy solutions but expressed skepticism about the current administration's capacity to address these challenges.

Finally, on market conditions, Chris urged caution amid Federal Reserve rate cut uncertainties and trade tensions, advising prudence with base metals investments while remaining optimistic on the long-term commodity cycle. He recommended signing up for his email list at nationalinvestor.com for ongoing insights.

Michael Fox interviews Dr. Dave Lawie, Chief Geoscientist at Imdex (a global mining technology company listed on the ASX), about the critical gap in processing capabilities of essential metals. They highlight China's dominance, processing over 50% of production for 18 key minerals—a strategic challenge for Western countries, reflected in a PwC report quoted by Dave. The discussion covers resource nationalism, including Trump's 50% copper tariff in the U.S., and the challenges facing the U.S. copper industry, notably its lack of sufficient smelters and refineries to meet demand and the long timeline and investment required to build them.

They further explore the growing awareness in the U.S. of critical metals processing gaps, with investments in rare earth processing and political moves like removing punitive taxes on foreign investments. David stresses the importance of Western governments underwriting and investing in critical materials like copper, rare earths, antimony, and tungsten to reduce dependence on China. The discussion also points out China's advantage in smelting due to lax environmental and labor laws and the slim profit margins that make smelters hard to operate in the West without subsidies.

Political and geopolitical risks are a recurrent theme, with emphasis on the long timelines and uncertain political environments that hinder billion-dollar mining and processing projects. They advocate for government action on permitting reform, investment in workforce development, and underwritten offtake agreements to secure supply chains.

Lastly, Michael and Dave discuss the economic benefits of critical minerals mining, including job creation and local economic growth, stressing the need for bipartisan support and government infrastructure investment to address Western industrial resource challenges and prevent deindustrialization.

This interview provides a comprehensive look at the strategic, economic, and geopolitical challenges surrounding critical metals processing and mining in the West, highlighting the urgent need for coordinated action to secure these vital supply chains.

Chad Williams, Chairman of Honey Badger Silver (TSX-V:TUF) (OTCQB:HBEIF), joins Michael Fox on the Prospector Podcast to discuss the company’s exciting developments. With a $25 million market cap and seven silver projects across Canada, including three with 150 million ounces of silver equivalent resources, Honey Badger is making strategic moves focused on exploration and value creation. Chad highlights the promising Plata property in the Yukon—neighboring the successful Snowline project—and new discovery zones like Inferno and El Diablo that could reshape their exploration approach. He also covers the potential at the Nanisivik mine with its significant silver-rich pyrite deposit, the company’s asset acquisition strategy, and plans for future work on the Clear Lake project.

https://honeybadgersilver.com/

Michael Fox interviews Zayn Kalyan, CEO of Scorpio Gold (TSX-V: SGN), about the company's Manhattan gold project in Nevada. Zayn explains that Scorpio Gold has consolidated 75-80% of the Manhattan district by combining the Goldwedge property with the historic Manhattan Mine, including a key acquisition from Kinross in 2021. He highlights the project’s potential to become a mid-tier gold mine and notes that Scorpio Gold has recently sold the Mineral Ridge mine to focus fully on Manhattan, with exploration now fully funded.

Zayn details the company’s aggressive staking and exploration efforts, including airborne geophysics and diamond drilling since 2021. Scorpio plans to expand its drilling campaign through next year by adding two more rigs in September, aiming to grow the resource base significantly and validate its multimillion-ounce gold potential. He emphasizes the importance of the Reliance fault structure and points out additional historic producing pits nearby that offer resource expansion opportunities.

The sale of Mineral Ridge was an all-cash deal that funds a large-scale 15,000-meter drill program at Manhattan—more than double the original plan—allowing the addition of extra drilling capacity. Zayn expects early drill results soon and targets adding 200,000 to 300,000 ounces by filling resource gaps. Scorpio Gold remains well-capitalized, with warrants exercisable at 20 cents as a possible future financing source.

This interview provides insight into Scorpio Gold’s strategic focus and exploration momentum as it advances the Manhattan Project toward becoming a significant gold producer in Nevada.

For more information, visit Scorpio Gold’s website at

https://scorpiogold.com

About Scorpio Gold Corp.

Scorpio Gold holds a 100% interest in two past producing projects, the Manhattan District and the Mineral Ridge Mine, both located in the Walker Lane Trend of Nevada, USA. Scorpio Gold's Manhattan District is ~4,780-hectares and comprises the advanced exploration-stage Goldwedge Mine, with a 400 ton per day maximum capacity gravity mill, and four past-producing pits that were acquired from Kinross in 2021 (see March 25, 2021, news release). The consolidated Manhattan District presents an exciting late-stage exploration opportunity, with over 100,000 metres of historical drilling, significant resource potential, and valuable permitting and water rights.

Michael Fox interviews Mike McGlone, Bloomberg Intelligence's Chief Commodity Strategist, to analyze the recent surge in copper prices triggered by President Trump's announcement of a 50% tariff on copper imports to the U.S. Mike explains that this tariff move is part of Trump’s emboldened economic strategy, supported by robust U.S. stock market performance. They compare the current copper market turmoil to the 2008 financial crisis, noting how economic signals—like soaring gasoline prices then—can precede downturns, while now copper prices reflect tariff-driven distortions amid disparities between U.S. and global markets.

Mike contrasts copper and oil’s roles as economic indicators, highlighting oil’s visibility due to transportation reliance, whereas copper’s importance is growing with electrification trends. He points out copper has outperformed crude oil since 2008 and that the Bloomberg All Metals Index, which includes copper, has excelled thanks to factors like storage ease and stable backwardation.

Discussing market dynamics, Mike outlines that while China faces deflation and weakening copper demand, U.S. copper prices are inflated by tariffs and domestic supply efforts. He forecasts a likely drop in copper prices toward $8,000 per metric ton, but with tariffs and the stock market potentially keeping prices above $10,000 temporarily. Traders are adjusting positions in anticipation of tariff impacts and corrections.

Forecasting a copper price correction, Mike warns that the current high prices are unsustainable given underlying economic weaknesses, including Chinese slowdown and possible U.S. market corrections, potentially causing a significant price collapse by year-end unless the U.S. stock market remains buoyant. He also explains that removal of tariffs would likely cause prices to fall to about $4.50 per pound due to increased supply, emphasizing that technological advances and resource substitution—especially amid the shift to electric vehicles (EVs) and renewables—could offset some tariff effects.

On the interplay between copper tariffs and the EV transition, they agree that tariffs may slow electrification and power sector growth in the U.S., as Trump’s policies push back against this acceleration. Mike stresses the importance of technology improvements in EVs and solar energy, foreseeing a gradual replacement of internal combustion engines. He also signals concerns over tariffs’ economic effects on earnings and consumer costs, predicting that gold might outperform other assets this year.

This interview highlights the complex forces shaping copper markets today: tariffs causing price distortions, divergent economic conditions between the U.S. and China, and the pivotal role of copper in the global shift towards electrification and renewable energy—an evolution that will continue to influence commodity markets and economic outlooks.

Michael Fox interviews Adam Hawkins, President of Global External, about the Trump administration's proposed 50% tariff on copper imports and its implications for the U.S. mining industry. Adam explains that Global External specializes in helping mining companies navigate above-ground risks, including social, political, and regulatory challenges during project acquisition and development.

They discuss the administration's goal of boosting domestic copper production to reduce dependence on countries like China, which controls a large share of global smelting and engages in aggressive trade practices. Adam highlights the complexity of expanding hard rock mining in the U.S., emphasizing the multiple obstacles such as labor shortages, lengthy permitting processes, environmental regulations, and intricate supply chains.

Adam expresses concern that the 50% tariff on imported copper, while intended to challenge Chinese dominance and incentivize U.S. production, could inadvertently harm low-margin domestic mining operations and result in job losses. Both Adam and Michael agree that tariffs alone cannot solve deep-rooted structural and economic issues.

They also examine challenges related to building modern, environmentally compliant smelting facilities in the U.S. Adam criticizes the overly complex National Environmental Policy Act (NEPA) and legal challenges enabled by the Equal Access to Justice Act, which often stall projects through costly litigation. He contrasts this with Canada’s more streamlined environmental review and litigation environment.

Regarding hard rock mining investments, Adam underscores the need for a stable tenure system due to large capital requirements and notes that while the current environment is difficult, the U.S. remains attractive for foreign direct investment. They mention ongoing efforts by lawmakers to streamline permitting but recognize more work is needed for meaningful reform.

In terms of U.S. policy, Adam discusses the difficulty of aligning short-term political cycles with long-term strategic goals needed to counter China’s multi-decade planning around metal supply chains. They reflect on the growing demand for copper driven by technologies like AI and electric vehicles and the importance of long-term projects such as Resolution Copper, which Adam has been involved with for decades.

Finally, they address the time-intensive nature of developing domestic mining capacity, emphasizing that even with federal support, new facilities require years to come online. Adam stresses that reshoring copper production need not compromise human rights if focused on stable countries like the U.S., Canada, and Australia. They agree on the critical role of domestic mining in creating middle-class jobs and the importance of educating policymakers on the complexities and benefits of domestic mineral production.

This interview provides a comprehensive look at the challenges and nuances behind the administration’s copper tariff proposal and the broader efforts to revitalize U.S. copper mining and smelting amid global trade pressures.

Michael Fox sits down with Alain Lambert (CEO) and Dr. Craig Gibson (Chief Exploration Officer) of Prismo Metals (CSE: PRIZ) to discuss the company’s latest exploration activities and strategic direction.

Project Highlights:

• Palos Verdes Silver Prospect (Mexico):

  • Located in Sinaloa, this project is surrounded by Vizsla Silver, Prismo’s largest shareholder.

  • The team is advancing a new drill program (1,250 meters in the first phase), targeting high-grade silver mineralization at greater depths than previous campaigns.

  • Dr. Gibson emphasizes that previous drilling intersected high-grade silver and gold, and the current program aims to test the deeper, potentially larger orebody beneath what they believe is just the “tip of the iceberg”.

  • The project benefits from its strategic location next to one of the region’s major recent silver discoveries.

• Hot Breccia Copper Project (Arizona):

  • Situated in the heart of the Arizona Copper Belt, near major copper mines and the soon-to-be-permitted Resolution Copper mine, as well as the historic Christmas Mine and Hayden Smelter.

  • Dr. Gibson outlines plans for a 5,000-meter drill program targeting a large conductivity anomaly identified by modern ZTEM geophysical surveys—an anomaly that historic 1970s drilling by Kennecott missed.

  • The company will drill four deep holes (800 meters to 1.2 kilometers, extendable to 1.5 kilometers) to test this target, leveraging AI and modern geophysics to improve success odds.

  • The project is timely given the U.S. focus on domestic copper production and recent 50% copper import tariffs, adding strategic value.

Arizona Silver Mines Acquisition:

• Prismo has acquired two historic silver mines in Arizona: Ripsey and Silver King.

  • Both are close to the town of Superior and the Resolution Copper deposit.

  • The Silver King mine, historically one of Arizona’s most important, features a pipe-like structure with dense veining and high-grade silver remaining in upper levels due to early 1900s processing challenges.

  • Dr. Gibson notes that modern exploration will target both high-grade zones and the surrounding lower-grade mineralization, with initial plans for surface mapping, sampling, and 1,000 meters of shallow drilling.

  • Renowned silver expert Dr. Peter Megaw will contribute to the exploration program.

About Prismo Metals:

• Prismo Metals is a mining exploration company focused on advancing the Hot Breccia copper project in Arizona and the Palos Verdes silver project in Mexico, recently expanding its portfolio with high-grade historic silver-gold mines in Arizona’s prolific Copper Belt.

Key Takeaways:

• Prismo Metals is leveraging modern technology and strategic partnerships to unlock value in world-class mining districts.

The company is well-funded for its current exploration plans and is positioned to benefit from macroeconomic trends supporting domestic copper and silver production

Join Michael Fox on the Prospector Podcast as he interviews Sean Kingsley, President and CEO of Gold Hunter Resources Inc. (CSE: HUNT) (OTC: HNTRF), to uncover the company’s bold journey in Newfoundland’s gold exploration.

From its 2021 inception to a game-changing deal with Firefly Metals, Sean reveals how Gold Hunter delivered massive shareholder value with 25 million dividend shares.

Dive into Gold Hunter 2.0 and the Great Northern project—a 50km strike length with multi-million-ounce potential, akin to the Valentine deposit. Learn about the untapped “last frontier” of Newfoundland, the upcoming VTEM survey, and plans for a 20,000-meter drill program in 2025.

Key Topics:

• Gold Hunter’s 2021 consolidation strategy

• Firefly Metals deal and shareholder rewards

• Great Northern project’s massive gold potential

• Newfoundland’s under-explored gold opportunities

• 2025 VTEM survey and drilling plans

Follow Gold Hunter Resources:

• Website:

https://goldhunterresources.com

Subscribe to the Prospector Podcast for updates on Gold Hunter Resources and the latest mining insights. Stay tuned for VTEM results and drill outcomes this fall!

#GoldHunterResources #GoldMining #NewfoundlandGold #MiningInvestment #ProspectorPodcast #GoldExploration #FireflyMetals #ValentineDeposit #MiningStocks

Maura Kolb, President of Dryden Gold (TSX-V: DRY) (OTCQB: DRYGF), discussed the company's exploration activities in Northwestern Ontario. They have a large land package of 70,000 hectares centered around the Dryden region, with three main target areas. Recent drill results included high-grade gold intersections, with the most significant being 300 grams over 4 meters. Maura explained that they have only explored about 1.5 kilometers of a 50-kilometer fault structure, which they believe is a key controlling feature for high-grade gold in the camp. The company is planning further exploration to test new parallel structures discovered near the historic Laurentian mine and to extend drilling below the historic mine workings.

Jubilee Site Gold DiscoveryMaura reported exciting new findings from drilling at the Jubilee site, including high-grade gold in two parallel structures (DRG 2511 and 2512) and visible gold in core samples. She noted that these discoveries suggest potential for additional high-grade targets between the parallel zones, which are approximately 500 meters apart. Michael expressed his understanding of the significance of visible gold in core samples, acknowledging that such visual indicators typically indicate substantial gold presence.

Gold Exploration Drilling UpdateMaura discussed the company's exploration activities, focusing on two main targets: Gold Rock Camp and Sheridan. They have completed about 4,000 meters of drilling out of a planned 15,000 meters for the year, with assays trickling in slowly due to the holiday week. Maura emphasized the excellent access to the drilling sites, which allows for low drill costs of around $250 per meter. The company is exploring multiple styles of mineralization on their 70,000 hectare property, including vein and shear zone hosted gold at Gold Rock Camp, and ultra-mafic hosted gold at Sheridan. Maura mentioned that they will continue to adjust their drill plan based on data collected, making it difficult to predict exactly how many more holes will be drilled. The company plans to release more drilling results soon, including from two holes with visible gold, and will provide updates through their website, social media channels, and educational videos explaining the geologic context.

ABOUT DRYDEN GOLD CORP.

Dryden Gold Corp. is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange and on the OTCQB marketplace. The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100% interest in a dominant strategic land position in the Dryden District of Northwestern Ontario. Dryden Gold’s property package includes historic gold mines but has seen limited modern exploration. The property hosts high-grade gold mineralization over 50km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce.

Dryden Gold Website

Michael Fox is joined by John Desjarlais, the Executive Director of the Indigenous Resource Network, who explained that his organization was founded five years ago to provide a positive indigenous voice in the resource industry, challenging sensationalized media portrayals and advocating for better engagement, inclusion, and procurement practices. He emphasized that two-thirds of indigenous people support resource development and highlighted the network's growth to 2,000 members and tens of thousands of social media followers across Canada. During the Critical Metals Conference, Desjarlais made a key point that every critical minerals project in Canada is either on or near indigenous land, underscoring the importance of indigenous partnerships in addressing the country's mineral needs.

Indigenous Partnerships in Development

John discussed the importance of engaging with Indigenous communities in the development process to build partnerships and address territorial impacts. He emphasized the need for true partnerships, where Indigenous communities are not just stakeholders but shareholders, and highlighted successful examples of Indigenous ownership in Canada. John also noted that this approach can lead to more efficient regulatory processes, greater investor confidence, and economic participation, while maintaining environmental and rights protections.

Evolution of Meaningful Engagement Practices

John discussed the evolution of engagement and consultation practices, emphasizing the shift from a procedural, box-checking approach to a more meaningful partnership-based engagement. He highlighted the importance of building trust, understanding impacts, and maintaining ongoing relationships with communities, comparing this process to a marriage that requires continuous effort. Michael stressed that engagement should not be transactional and must involve genuine collaboration to achieve success and social license.

Indigenous Opportunities in Resource Industry

John discussed the vast opportunities for indigenous communities in the resource industry, highlighting the potential for sustainable business development and workforce growth. He emphasized the need to address youth unemployment and create meaningful employment opportunities within these communities, without requiring them to leave their areas. John stressed the importance of fostering good engagement, forecasting opportunities, and building capacity for sustainable economic development. He also highlighted the alignment of indigenous youth engagement with values of stewardship, sustainability, and innovation in the mining and energy sectors, advocating for a shift in how businesses interact with these communities to create mutual benefits.

7 Generational Opportunity in Development

Michael asked about the concept of the "7 Generational Opportunity," which is a key theme in indigenous teachings and sustainability. John described it as a way to consider the impact of today's decisions on the prosperity of seven future generations. This perspective influences various aspects of development, including business, economics, and social development, encouraging long-term thinking over short-term gains. Michael noted that this concept is gaining prominence in organizations and conferences, including one in Toronto and a recent documentary with West Bank First Nation.

Indigenous Rights and Co-Governance

Michael and his guest discussed the importance of indigenous rights and meaningful inclusion in resource development and governance processes. The guest emphasized the need for leaders to build trust with indigenous communities, ensure their constitutional rights are respected, and involve them in decision-making processes. They highlighted the importance of co-governance, monitoring impacts, and addressing concerns collaboratively. The conversation also touched on the need for a healthy workforce, reconciliation, and achieving equity in resource development and infrastructure support.

Join Michael Fox on the Prospector Podcast as he sits down with Michael Rowley, President and CEO of Stillwater Critical Minerals (TSX-V: PGE) (OTCQB: PGEZF) (FSE: J0G), to discuss the future of critical minerals in the U.S. and Canada. Dive into the complexities of nickel, copper, cobalt, and platinum group elements (PGE) mining, and learn how Stillwater is leading the charge with its flagship Stillwater Igneous Complex project in Montana and other ventures in Alaska and Yukon.

In this in-depth interview, we explore:

• The strategic importance of critical minerals in the face of China’s dominance in global supply chains.

• How Stillwater is navigating U.S. mining regulations, including the Defense Production Act (DPA) and other initiatives, to secure funding and permits.

• The role of congressional support and partnerships with industry giants like Glencore and Ivanhoe.

• Challenges and opportunities in Alaska’s Duke Island and Yukon’s Kluane Belt projects.

• The future of nickel processing and hydrometallurgy to build sustainable domestic supply chains.

• Canada’s critical minerals strategy and the importance of First Nations partnerships.

Discover why Stillwater Critical Minerals is at the forefront of addressing the critical minerals shortage and how they’re working to reduce reliance on foreign supply chains. From Montana’s mining-friendly environment to the geopolitical implications of tariffs and ESG standards, this conversation unpacks the complexities of the critical minerals industry.

Learn more about Stillwater Critical Minerals:

https://criticalminerals.com

Contact: info@criticalminerals.com
Subscribe to the Prospector Podcast for more insights on mining, critical minerals, and the energy transition
#CriticalMinerals #MiningIndustry #StillwaterCriticalMinerals #NickelMining #EnergyTransition #SupplyChain #Geopolitics

Michael Fox and Peter Krauth of the Silver Advisor discuss the recent surge in silver prices and market activity. Peter noted that silver bugs had been anticipating this development for some time, while Michael observed a significant increase in silver stocks and prices during an investment conference in Quebec City. They agreed to review the events of the past two weeks in more detail during their discussion.

💥 Topics Covered:

· Why silver has broken seasonal trends and surged in early June

· The gold-silver ratio and why it's pointing to major upside for silver

· Industrial vs. investment demand: will solar and tech fuel the next leg?

· Krauth’s short- and long-term silver price targets — including a possible path to $300 silver

· Insights on Kootenay Silver’s maiden resource and market reaction

· How silver stocks are dramatically outperforming

· New opportunities via Silver Advisor — a free stock-tracking service for silver investors

Silver's Counter-Cyclical Market PerformancePeter discussed the gold-silver ratio and its recent movements, attributing the shift to market expectations about inflation and economic indicators. He noted that silver's recent performance, bucking its typical seasonal trend, could be a positive sign. Michael inquired about the counter-cyclical move in silver, to which Peter agreed it was a positive development, particularly given silver's historical seasonal patterns.

Silver Market Resurgence DiscussionPeter discussed the current state of silver futures and speculator positioning, noting that speculators were heavily net long, which typically indicates limited upside potential. He predicted a potential correction in both gold and silver prices over the coming weeks, suggesting it would be a buying opportunity. Peter highlighted the strong performance of silver stocks, including Kootenay Silver, which saw a significant increase in stock price following a successful financing round. Michael shared his observations on Mexican silver stocks, noting their strong performance and potential for further gains once permitting issues are resolved. Both agreed that silver was experiencing a resurgence, with better-quality projects being recognized and valued in the market.

Silver Price Target ProjectionsMichael and Peter discussed the future of silver prices, with Peter predicting a target of $40 by the end of the year and $50 next year, based on historical silver bull market patterns. They agreed that silver could reach $300 in a potential mania phase, with Peter noting that this target has been supported by other analysts' predictions of up to $500. Peter suggested that breaking through the $50 ceiling might require multiple attempts, but once achieved, silver could rise to the $70-$80 range, which is the historical average of previous silver bull markets.

Silver's Industrial and Investment DynamicsMichael and Peter discussed the challenges and dynamics of silver as an industrial and precious metal. They explored how rising silver prices could impact industrial demand due to its widespread use in products like electronics and solar panels, with Peter noting that while this could be a headwind, markets tend to self-correct. Peter highlighted silver's unique properties and its potential for rapid price increases driven by investment demand, referencing the 2020 market surge, and suggested that despite its industrial uses, silver remains relatively cheap compared to historical and other metals.

Silver Advisor
www.thegoldadvisor.com/subscriptions

📈 Whether you’re a silver bug, a retail investor, or someone watching macroeconomic signals, this conversation delivers deep insight into silver markets, mining stocks, and future price action.

🔗 Subscribe to Peter’s free letter: https://thegoldadvisor.com/subscriptions
📚 Check out his book The Great Silver Bull

🔔 Don’t forget to like, comment, and subscribe for more mining market insights from industry insiders!

Michael Fox and Chris Temple discussed the Federal Reserve meeting, noting that it was a non-event with no rate changes expected. Chris highlighted the Fed's prediction of moving from "stagflation light" to "stagflation moderate" and their unchanged forecast of 2 x 25 basis points rate cuts by 2025. They also touched on President Trump's criticism of Jerome Powell, with Chris suggesting that Trump's inaction on reducing the deficit and debt may be a reason for the Fed's reluctance to lower interest rates.

Powell's Bond Market Challenges

Chris and Michael discussed the current state of the bond market and the challenges facing Federal Reserve Chairman Powell. They noted that Powell, who was previously criticized for his role in inflation, is now seen as a key figure in controlling inflation and Treasury bond market stability. Michael expressed sympathy for Powell's difficult position, given the pressure to address inflationary threats from government spending, tariffs, and geopolitical tensions. They also touched on the potential impact of these factors on interest rates and borrowing costs.

Federal Reserve's Inflation Policy Shift

Chris discussed the impact of oil price increases on headline CPI, predicting a bump up in inflation due to higher energy costs and potential hurricane damage. He noted that the Federal Reserve's current monetary policy, which focuses on inflation targeting rather than monetary formulas, has contributed to the inflation problem. Michael suggested that the Fed might abandon its 2% inflation target and treat it as a range to maintain lower interest rates. Chris agreed that the Fed's recent statements could indicate a shift towards more tolerance for higher inflation, though he did not confirm this directly.

Federal Reserve's Inflation Strategy

Chris and Michael discussed the Federal Reserve's approach to inflation and interest rates. Chris explained that the Fed has already effectively changed its inflation target, though not officially, and will likely implement yield curve control to manage long-term rates. They explored how yield curve control worked in Japan and the potential consequences of such a policy, including the risk of moral hazard and financial repression. Chris predicted that the Fed would soon attempt yield curve control to address market pressures and President Trump's concerns about high borrowing costs.

Interest Rates and Treasury Challenges

Chris discussed the impact of rising interest rates on bond portfolios and the challenges faced by the US Treasury and Federal Reserve in managing financial markets. He compared the US situation to Japan's experience with yield curve control, noting differences due to the US's more diverse economy and foreign ownership of Treasury securities. Chris also criticized President Trump's budget plans, highlighting the potential for increased deficits and questioning the accuracy of some economic projections.

U.S. Treasury Market Challenges

Chris and Michael discussed the challenges facing the U.S. Treasury market, highlighting concerns about rising interest rates, inflation, and the government's ability to manage debt. Chris emphasized that the market's recent reaction to geopolitical tensions, with Treasury yields rising despite expectations for a safe-haven rally, underscores the market's lack of confidence in the current administration's debt management strategy. They agreed that while corporate debt and certain stocks might offer better returns than Treasuries in the current environment, the long-term outlook for U.S. government bonds remains bleak, potentially leading to a scenario reminiscent of the 1970s.

National Investor

https://www.nationalinvestor.com/