Company Interviews

Golden Minerals Company is a Colorado-based precious metals junior gold-silver producer with a pipeline of exploration projects that offers investors leverage to silver and gold prices.Golden Minerals Company aims to become a premier mid-tier precious metals mining company, with efforts focused on properties in Mexico, Argentina and Nevada (USA). The company owns or controls a portfolio of precious metals projects -- including the Velardeña Properties and Rodeo gold open pit mine in Durango State, Mexico; El Quevar, an advanced exploration silver project with district potential located in the Salta province of Argentina; the Yoquivo gold-silver district-scale project in Chihuahua, Mexico; the Sand Canyon gold-silver project in northwestern Nevada; and additional projects located within the traditional silver-producing areas of Mexico.

Atalaya Mining is a fast-growing AIM and TSX-listed mining and development company which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain, and is currently undertaking further expansion. The Company has a phased, earn-in agreement to acquire up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain which is at the permitting stage.Atalaya strives to become a leading multi-asset copper producer in Europe, maximising the potential value of its current low-cost, low-risk assets and further exploring new opportunities.

Empire Metals is an AIM-listed exploration and resource development company.The Company's primary focus has been the Eclipse Gold Project in Western Australia, in which the Company has a 75% interest with the option to acquire 100%. Since taking an option in the project, Empire has successfully expanded the known mineralisation both at depth and along strike, including in the vicinity of other old workings north-west of the Eclipse shaft. The Company is now assessing the potential for an open pit operation at the old Eclipse shaft, whilst seeking further extensions to the resources.

Bunker Hill Mining Corp is engaged in the business of mineral exploration, development and mining activities. The Company’s Bunker Hill mine is located in the cities of Kellogg and Wardner of Shoshone County, Idaho, within the prolific Coeur d’Alene silver district in Idaho, alongside operating mine.

EMX Royalty Corporation is a Canada-based precious, base and battery metals royalty company. The Company operates as a royalty and prospect generator engaged in the exploring for, and generating royalties from, metals and minerals properties. The Company's royalty and exploration portfolio consists of properties in North America, Turkey, Europe, Australia, New Zealand, and South America. It has a diversified portfolio of precious metals, base metals, and other royalty interests. Its royalties include: Leeville, Rawhide, NP Placers, Afgan, Maggie Creek, Antelope, Cathedral Well, Swift, Copper King, Goodpaster, Lucky 7, Jackson Manion, Kwai, Bruce Lake and Ophir, among others in the United States; Brestovac, Viscaria, Jasikovo, Gumsberg, Southern Gold Line, Trollberget, Bamble and Tomtebo, among others in Europe; Akarca, Balya, Sisorta, Alankoy and Trab-23 in Turkey, as well as Grand Bois and Koonenberry, among others in Asia Minor, Central and South America and Australia.

CanAlaska Uranium (TSXV:CVV, OTCQX: CVVUF) is a Canadian exploration company developing a portfolio of high-grade uranium and nickel projects located across the country. The company follows a project generator model, with properties in both the Athabasca and the Thompson Nickel Belt region.

Giga Metals Corporation is a Canada-based mineral exploration company. The Company is focused on the acquisition and exploration of mineral properties in Canada. The Company is engaged in developing the Turnagain project, a nickel sulphide deposit in north-central British Columbia.

Lotus Resources (ASX: LOT, OTCQB: LTSRF) owns an 85% interest in the Kayelekera Uranium Project in Malawi. The Project hosts a current resource of 37.5M lbs U3O8, and historically produced ~11MIb of uranium between 2009 and 2014. The Company completed a positive Restart Study in late 2020 which demonstrated that Kayelekera can support a viable long-term operation and has the potential to be one of the first uranium projects to recommence production in the future. The Company is currently working through a Feasibility Study that will be completed in mid 2022.

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Mine (Beta Hunt), Higginsville Gold Operations (HGO) and Spargos Reward Gold Project (Spargos). It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant. The Company has 100% interest in Spargos, which is owned by HGO, all of which are located in Western Australia. The Company also includes the Lakewood Mill gold processing facility located near Kalgoorlie, Western Australia, approximately 60 kilometers from the Beta Hunt Mine.

Elemental Royalties Corp. is pleased to announce the completion of the previously announced share-for-share merger of equals with Altus Strategies plc to create a global gold royalty champion.The Merger has created a diversified and scalable royalty company well positioned to acquire further high-quality, producing royalty and streaming assets and to serve as a platform for further consolidation in the royalty sector.

Outcrop Silver & Gold Corp. is a Canadian company actively exploring for precious metals in Colombia and looking to expand into other high opportunity jurisdictions. Outcrop is rapidly advancing exploration on five silver and gold exploration projects with world-class discovery potential in Colombia. Outcrop is currently drilling the Santa Ana historic high-grade silver district. These assets are being advanced by a highly disciplined and seasoned professional team with decades of experience in Colombia. 2021 work programs are fully financed with a broad range of institutional shareholders.

Peninsula Energy Limited is an Australia-based company that owns the Lance Uranium project in Wyoming, United States of America. The Company’s projects include Lance project and Karoo project. The Lance project is United States-based uranium project authorized to use the industry low pH in-situ recovery process. Lance holds a defined JORC (2012) Compliant uranium mineral resource of approximately 53.6 million pounds U3O8. The Karoo project is focused on the rehabilitation of exploration and historical trial mining activities.

South Harz Potash Limited (formerly Davenport Resources Ltd.) was founded in 2015 in Australia and specializes in the development of potash mining projects. The executive managers and members of the board have decades of experience in potash exploration and mining around the world.

Energy Fuels is the leading U.S. producer of uranium – the fuel for carbon- and emission-free nuclear energy. Nuclear energy is expected to see strong growth in the coming years, as nations around the world work to provide plentiful and affordable energy, while combating climate change and air pollution. Energy Fuels is also a major U.S. producer of vanadium and an emerging player in the commercial rare earth business where its work is helping to reestablish a fully integrated U.S. supply chain.With a truly unique portfolio, Energy Fuels has more production capacity, licensed mines and processing facilities, and in-ground uranium resources than any other U.S. producer. It boasts diverse cashflow-generating opportunities, including vanadium production, uranium recycling and rare earth processing.

The answer depends on what type of investor you are: Short-term v Long-term. It will also depend on the stage of the company: exploration, development, or production. We are joined by 3 seasoned CEOs who help us understand the changing dynamics of the economy and metals pricing to determine how we as investors can select better investments for our portfolio. We discuss management structure, skillset, and planning. Jurisdiction has always been important but with demands on CSR, ESG, permitting, and licensing increasing costs and cost of capital, just how much strain with it put on some balance sheets, especially explorers and developers? Yes, we look at conventional data analysis and ratios, but new factors and thematics are starting to affect the way we value mining companies as they try to climb the value curve. But what are they? And once you know, can you win big or should you lower your expectations?

American Lithium Corporation is a developer of advanced lithium projects throughout North and South America. The company’s flagship project, the TLC lithium project is located in Nevada, with its Falchani Lithium Project as well as its Macusani Uranium Project located in south-eastern Peru. The company acquired Plateau Energy Metals in 2021, with the acquisition including both the Falchani Lithium Project and Macusani Uranium Project.

Vizsla Silver Corp. is a Canadian exploration company focused on exploring and acquiring precious and base metal assets. The company boasts as being Mexico’s most aggressive exploration company, with 13 exploration drill rigs active on its district-scale Panuco silver-gold project located in Sinaloa, Mexico.

Victoria Gold Corp is a Canadian-listed gold production company, focused on its gold producing asset, the Eagle Gold Mine. The Eagle gold mine is located in the company’s Dublin Gulch property in Central Yukon. The mine is an open-pit, heap-leach operation, with the company ramping up its production to 200,000 ounces of gold a year.

IperionX’s mission is to be a leading developer of US-based sustainable critical mineral and critical material supply chains, to facilitate the global transition towards a closed-loop, low-to-zero carbon, resource efficient and socially inclusive green economy.

Endeavour Mining plc is a United Kingdom-based gold producer company. The Company is operating assets across Senegal, Cote d'Ivoire and Burkina Faso. The Company's portfolio of development projects and exploration assets is in the Birimian Greenstone Belt across West Africa.

Located within the world class Siguiri Basin, host to several operating mines, Sanu is exploring three high quality gold exploration permits in Guinea targeting multi-million ounce gold discoveries. The company has defined kilometer scale gold bearing structures on each of the permits with multiple high-value drill targets. Sanu is operated by a highly experienced team with successful records of discovery, resource development and mine permitting.

ValOre Metals Corp. is a Canadian exploration company focused on the advancement of its projects in Brazil and northern Canada. The company has a market cap of approximately CAD$ 75 million.

Adyton Resources is focused on the development of gold and copper resources in world-class mineral jurisdictions. Adyton has existing Resources of over 2.1 million ounces of gold with geological settings that are open, scalable, and also offers significant potential for copper discovery. Adyton’s Feni Island Gold Project in Papua New Guinea is located along a mineral belt containing Simberi, Lihir and Panguna (Bougainville) mines.

Palladium One Mining Inc. is an exploration stage critical minerals company with assets in both Finland and North America. The company aims to position itself to be a part of the critical mineral sector and provide the expanding green transportation industry. The Läntinen Koillismaa (LK) project of the company is a platinum group element (PGE), nickel and copper project located in north-central Finland and is 100% owned by Palladium One Mining Inc. The Tyko property of the company is a nickel and copper project located in Northwestern Ontario. The newly acquired Canalask Property is a nickel, copper and PGE project located in the Whitehorse Mining District of the Yukon.

Voyager Metals Inc. is a Canadian company publicly listed on the TSX.V Toronto. The company is managed by a team of mining professionals with extensive experience developing, operating, and financing mining projects.Mont Sorcier Iron Ore and Vanadium project, just a short drive from the town of Chibougamau, Quebec. The company most recently published an NI 43 101 complaint Mineral Resource Update in May of 2021.

ASX investors, like all investors, are nervous about the markets. But are CEOs? And how are they changing their plans and behavior? We talk to 2 CEOs who assure their shareholders that they need to look to the long term and not get distracted by the short-term sentiment driven retrenchment in the equities market. You don’t have to be an institution to invest like an institution. They also discuss how to value companies in today’s market. Do some commodities react differently during a downturn? Battery Metals and Lithium are walking into a strong thematic where the industrial players are investing hundreds of billions of dollars. How do companies insert themselves into that ecosystem? And history suggests that gold should be an investment of safe haven, but the market seems to have changed. What do these CEOs think is happening?

Cycles come and go, but when a supercycle arrives, it arrives quickly. So you need know when and where to put your money. These 2 CEOs discuss the economy, the markets, past and present, and how to view investment opportunities. For investors new to investing in mining, you'll pick up quite a few insights and actionable advice.

Baroyeca Gold and Silver Inc. is a Canadian mineral exploration company, focused on its high-grade silver and gold projects located in Colombia. The company’s flagship property is the Atocha Silver-Gold project located in the Tolima Department, Colombia.

Avalon Advanced Materials Inc. is a Canada-based mineral development company. The Company is principally engaged in the acquisition, exploration, evaluation and development of specialty metal and mineral properties, located principally in Canada. Its projects include Separation Rapids Lithium Project, East Kemptville Tin-Indium Project, Warren Township Anorthosite Project, Lilypad Cesium-Tantalum Property and Nechalacho Rare Earth Elements Project. It also approximately 2.0% net smelter returns (NSR) interest in certain claims of the East Cedartree Gold Property located near Kenora, Ontario. Its Separation Rapids Lithium Project is located approximately 70 kilometers (km) by road north of Kenora, Ontario. The property consists of over 17 mineral claims and one mining lease covering a combined area of approximately 3,910 hectares in the Paterson Lake Area, Kenora Mining Division. Its Kemptville Tin-Indium Project is located approximately 45 km northeast of Yarmouth, Nova Scotia, Canada.

Matador Mining Limited operates as a mineral exploration company. The Company identifies, develops, acquires, and explores gold, copper, lithium, tantalum, and tungsten properties. Matador Mining serves customers in Western Australia.

Ioneer is developing the Rhyolite Ridge lithium and boron project in Nevada in the US. This project is the most advanced greenfield lithium development in the US looking to be in production late 2024/25. The diverse team at Ioneer brings experts from the mining, finance and energy industries who contribute their talents towards a future where the environment and people are thriving. Lithium and boron are used in a diverse range of everyday items and innovative technologies. Demand is increasing as people enjoy the benefits of modern technologies and cleaner, more efficient sources of energy are developed.

Callinex Mines Inc. is a Canadian mineral exploration and development company advancing its portfolio of copper, zinc, gold and silver-rich deposits located in the Flin Flon, Bathurst and Buchans mining districts. The high-grade copper, gold, silver and zinc deposit of the company, the aptly named Rainbow deposit has recently been delineated after its discovery in 2020. The Rainbow deposit forms part of the company’s Pine Bay project which is located near the border of Manitoba and Saskatchewan.

Apollo Silver Corp. is a silver exploration and development company focused on its assets in the United States. The Calico silver project of the company is the third-largest undeveloped silver resource in the United States and is located in San Bernardino County, California. The Arizona Silver District Project of the company is a district-scale mineralisation system with a land package of over 2,000 acres.

What’s happening in the silver market and how are silver investors reacting? We have a lively session with the CEO of three silver mining junior companies on the TSX-V. We discuss silver price and market volatility, the green economy, and the utility of silver over and above a store of wealth. Two of them have assets in Mexico and the other has a resource of +166Moz. So what is the opportunity between reality and perception after this conversation?

Relentless, fanatical, and urgent actions are required to survive markets like this. This is as true for investors as it is for the companies that they are invested in. Be relentless and fanatical in your research, diligence, and holding the management team accountable. We are joined by three junior market CEOs at different phases of their evolution, who discuss how to evaluate jurisdictional risk, greenwashing, raising capital, and astute allocation of that money in a tight market and how newsflow and why staying in control of your workflow is important.

K92 Mining Inc. is Canadian TSX-listed gold, silver and copper producer focused on its Kainantu Gold Mine located in the Eastern Highlands province of Papua New Guinea. The Kainantu Gold Mine is an underground mine with a land package of 860 km2. The mine hosts the high-grade Irumafima and Kora deposits and is one of the highest-grade mining operations in the world. The company is currently underway with various expansion initiatives aimed at increasing the annual gold production from 100,000 ounces to 350,000 ounces.

ACME Lithium is a mineral exploration company focused on acquiring, exploring and developing battery metal projects in partnership with leading technology and commodity companies. ACME has acquired or is under option to acquire 100% interest in 266 lithium and lode mining claims totaling approximately 5,361 acres in Esmeralda County, Nevada, which are prospective for lithium contained in tertiary claystones.ACME also owns 100% interest in 27 mineral claims totaling 11,803 acres in the pegmatite fields of the Bird River Greenstone Belt in southeastern Manitoba, Canada. Backed by an experienced management team who have successfully built and financed resource companies around the world, and with 4 projects located across North America, the building blocks of the future are our focus today.

Labrador Uranium is engaged in the exploration and development of uranium projects in Labrador, Canada. LUR has acquired the Moran Lake, Mustang Lake Joint Venture, and CMB Projects covering over 139,000 ha in the prolific Central Mineral Belt (CMB) in central Labrador and the Notakwanon Project in northern Labrador. The Moran Lake Project, which hosts historical uranium mineral resources, and both Mustang Lake and the CMB Projects, located adjacent to Paladin Energy’s Michelin uranium deposit, have had substantial past exploration work completed with numerous occurrences of uranium, copper and IOCG style mineralization. These three projects are expected to be the focus of a concentrated exploration program in 2022.

G Mining Ventures was established in 2020 to acquire direct ownership of projects and capitalize on the value upliftment that successful mine development offers.The company is focused on developing its Tocantinzinho gold project into the third-largest gold producer in Brazil. The Tocantinzinho gold project is a fully permitted, open-pit gold deposit that hosts 2 million ounces of gold and is open at depth. The Tocantinzinho gold project was acquired by G Mining Ventures in late 2021 from Eldorado Gold Corp., which invested over USD$ 90 million into the project.

Invictus Energy Ltd is an independent upstream oil and gas company listed on the Australian Securities Exchange (ASX: IVZ). The Company is headquartered in Perth, Australia and has offices in Harare, Zimbabwe.Invictus is opening one of the last untested large frontier rift basins in onshore Africa – the Cabora Bassa Basin – in northern Zimbabwe through a high impact exploration program.The Company’s principal asset is SG 4571 located in the Cabora Bassa Basin in Zimbabwe which contains the world class Mzarabani prospect – the largest undrilled prospect onshore Africa independently estimated to contain 8.2 Tcf and 247 million barrels of conventional gas condensate (gross mean unrisked basis).

Astra Exploration offers their shareholders leverage to the price of precious metals through exceptional discovery potentialTheir exploration jurisdiction, the Paleocene Mineral Province of Northern Chile, lies within one of the most mineral-rich regions of the world. It has significant potential to host additional precious metals deposits like Yamana’s world-class El Peñón mine, which has a known total endowment of over 7M oz of gold and 207M oz of silver.

EV Nickel is exploring and advancing the next generation of high grade, Clean Nickel™ projects to deliver the metal needed to power the electric vehicle revolution.EV Nickel is targeting the lowest possible carbon cost per unit of Nickel and has applied for the trademark Clean Nickel™ across several jurisdictions. Clean Nickel™ will be EVNi questioning all parts of nickel production and making low-carbon production central to the business EVNi intends to develop in the Shaw Dome.The Shaw Dome is accessible by road and only 25 km southeast of Timmins, Ontario. Langmuir is 7 km by road from the Redstone Mill which has a capacity of 2,000 tonnes/day. After recent land acquisitions, EVNi now has more than 30,000 hectares of the Shaw Dome.

Montem Resources is a steelmaking coal and renewable energy development company with assets in the Crowsnest Pass, Alberta, Canada. Their three main projects are the Tent Mountain Mine, the Chinook Project and the Tent Mountain Renewable Energy Complex (TM-REX).The team is predominantly made up of Canadian and Australian coal miners, with a history of successfully building and managing coal mines. The TM-REX Steering Committee, which aims to execute the strategy to drive development of the TM-REX, is made of experienced Canadian power industry executives and consultants. Their operations are centered in their community-based office in Coleman, Alberta. They also have a small office in Calgary, Alberta and the corporate address is in Melbourne, Australia.

This panel of CEOs discusses how junior mining companies react to changing market conditions. We have a producer and two exploration companies who will have been affected in a different way by inflationary effects. But how do they react? What are the offence and defence positions that they can take? What are the important factors investors should be focused on?

Meridian Mining is focused on becoming the next mid-tier copper-gold developer. Our priority is on the resource development and exploration of our Cabaçal project, an advanced VMS district-scale Cu-Au project located in Mato Grosso, Brazil.

Maple Gold Mines Ltd. is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Limited to jointly advance the district-scale Douay and Joutel gold projects located in the prolific Abitibi Greenstone Gold Belt of Quebec, Canada. The Company also holds an exclusive option to acquire 100% of the Eagle Mine Property located at Joutel.The projects benefit from exceptional infrastructure access and boast ~400 km2 of highly prospective ground including an established gold resource at Douay (SLR 2022) that holds significant expansion potential as well as the past-producing Eagle, Telbel and Eagle West mines at Joutel, which collectively produced 1.1 million ounces of gold between 1974 and 1993. The Company is well capitalized and aims to establish an exciting new gold district in the heart of the Abitibi.

Amex Exploration Inc. is a Canada-based mining exploration company, which is focused on the acquisition, exploration, and development of viable gold projects in the mining-friendly jurisdiction of Quebec. The Company's properties include Perron, Lebel-sur-Quevillon, Eastmain River South, Eastmain River North, and Eastmain River Centre. The Perron property is composed of 116 claims covering an area of 4,518 hectares located in the township of Perron and is located approximately eight kilometers northwest of the town of Normetal. The Lebel-sur-Quevillon project consist of four properties, which includes Cameron property, Madeleine West property, Madeleine East property, and Pusticamica property. The Eastmain South property is located in Quebec and composes of 77 claims covering an area of 4,055 hectares. The Eastmain Nord property is composed of 38 claims covering an area of 1,996 hectares. The Eastmain River Centre property is composed of four claims covering an area of 210 hectares.

Canada Nickel is advancing the next generation of high quality, high potential nickel-cobalt projects to deliver the metals needed to power the electric vehicle revolution and feed the high growth stainless steel market. The Company possesses industry-leading nickel expertise and is focused on low risk well-established mining jurisdictions.Canada Nickel is advancing the new Crawford nickel-cobalt sulphide discovery with large scale potential located in the established Timmins mining camp adjacent to major infrastructure.

Power Nickel is a TSXV listed mining company headquartered in Toronto, Canada. We are focused on the acquisition and exploration of mineral properties in Canada that offer the potential for high-grade nickel deposits.Power Nickel also has a mining investment portfolio that contains an 80% ownership position of Consolidation Gold & Copper. Consolidation Gold & Copper owns 100% interest in the Golden Ivan project in British Columbia’s Golden Triangle and also owns 100% interest in three projects in Chile

Electric Royalties Inc. (“Electric Royalties”) is royalty company set to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel & copper) that will benefit from the drive to electrification (cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications). Electric vehicle, battery production capacity and renewable energy generation is slated to increase significantly over the next several years and with it the demand for our target commodities. This creates a unique opportunity to invest in and acquire royalties over the mines and projects that will supply the materials needed to feed the electric revolution.