JRI – Junior Resource Investor

@foundersmetals
Time Stamps Below

Companion Article Found here:
https://juniorresourceinvesting.substack.com/p/founders-metals-does-it-again-a-brand

Bought deals, big board members, and bonanza grades - 2024 has been a heck of a year for Founders Metals (FDR.V). So despite all its successes, you might wonder why yesterday’s news release - 81.9m of 1.01 gpt au - managed to goose the share price some 12%. Colin joins me to provide some context on why these results are such a big deal to what is already an exciting story.

Time Stamps

1:00 Intro to News Release on Initial Drill Results
03:30 The East Structure that “missed”
05:30 Where is the channel sampling in relation to the results
07:30 Hole 3 - 81.9m of 1.01 gpt Au Discussion – Any evidence about where you are in the system from the rocks themselves?
09:00 Discussion of size – length, true width, specific gravity of rocks, number of holes drilled
14:00 What is the significance of this greenfield discovery – does it contribute to your understanding of the systems, does it confirm your working model, etc. How important is it tor your story?
20:15 What other results are coming

Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Time Stamps Below.
@AlaskaEnergyMetals

Written Summary and Companion Article:
https://juniorresourceinvesting.substack.com/p/balancing-development-and-discovery

I have CEO Greg Beischer on to talk developments in the AEMC story with him. We discuss current exploration at their Eureka and Canwell nickel targets, how AEMC has responded to adverse macro nickel conditions, AEMC’s Quebec project and its priority status within the company, and upcoming catalysts leading up to an inaugural PEA in mid-2025. AEMC has pushed hard in a tough market to advance its project and its story.

Time Stamps
00:45 (Re)Intro to AEMC & Update
07:30 Mine Development Strategies
12:40 Current Eureka and Canwell Exploration
17:15 The Nickel Market And Its Impact
23:00 The Quebec Project And Nickel Pivot?
29:30 Future Catalysts and Final Thoughts

Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

Time Stamps Below

Companion Article and Summary at:
https://open.substack.com/pub/juniorresourceinvesting/p/the-elements-of-success-intro-to?r=25pwww&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

I have on Cassiar Gold Corp for the first time. If you’ve been active in this space the past few years, there’s a good chance you have come across this one. They burst onto the scene with new management and a new land package just in time for the mini-bull run from 3 or so years ago. However, like many in the junior explorer sector, good work has fallen on deaf ears the past few years. CEO Marco Roque joins me to discuss Cassiar and why it remains on track to successfully discover, expand, and sell a major resource.



Time Stamps
1:00 Elevator Pitch – The People
4:30 Elevator Pitch – Infrastructure
08:10 Met Work
10:20 Exploration Potential and Current Drill Campaign
14:00 Cost of Drilling All In
16:00 When can we expect a new MRE and explain your strategy going for inferred vs upgrading ounces
20:00 Why did the previous operator move on?
23:30 How do you effectively explore such a large land package
26:45 Rationale behind no PEA yet
31:15 is there a resource size you believe is critical mass required to release a PEA?
32:45 Is there anything you would do differently in hindsight over the past few years?
38:00 Has your strategy shifted away from the mill?
42:30 Final Thoughts

Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

@foundersmetals
Time Stamps Below

Companion Article Found here:

Back with Colin Padget and Founders Metals. It has only been a couple months since our last sit down, but the news flow Founders has put out since justifies another catch-up chat. Here, Colin fills me in on their new board appointment (one Chris Taylor), the recent $20m bought deal and $12+m strategic investment, & the requisite drill update/upcoming catalysts drill talk.

Time Stamps

01:30 Chris Taylor Getting Involved
6:00 Bought Deal and B2 Gold
14:00 Exploration Update]
17:15 Lawa Update and Final Thoughts

Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

@Arizonagoldandsilver
Time Stamps Below. Tickers AZS.V and AZASF.

Link to Companion Article:
https://open.substack.com/pub/juniorresourceinvesting/p/arizona-gold-and-silver-permitted?r=25pwww&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Building off my previous conversation with CEO Mike Stark, this news update from Arizona Gold discusses how they opened a $3 million financing on Sept. 18 and closed it for $4.6 million on Oct. 3, with Sprott and Rick Rule along for the ride. That impressive show of market interest now gives Arizona an enviable amount of runway to explore its Red Hills target, the long-suspected source of all their mineralisation to date discovered at their Philadelphia project - for the first time ever. Interview, Article, and Summary below.

Time Stamps

00:30 Intro to News Release
02:20 How did Rick Rule come about.
3:50 Cost of Drilling
5:20 Review: Oatman District – what is in it.
9:00 What are the Red Hills you plan to drill and why is this a significant program for you
12:30 BLM-approved drill pads and drill plan
15:00 When will we see drilling?
17:10 Hoped for drill campaign size?
19:00 Final Thoughts


Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

@foundersmetals

Companion Article Found here:
https://juniorresourceinvesting.substack.com/p/founders-metals-a-conversation-with

In the last couple days of August I traveled up to Edmonton to have a sit down conversation with CEO Colin Padget. The range of topics was pretty wide - from your traditional “drill update” and “upcoming catalysts” chatter to questions around using Reunion Gold as a comparable and asking him to explain some insider selling that has occurred in recent months.

Look for more content from my conversation with Colin in the coming weeks as well.


Time Stamps Below

1:00 Drill Update
04:45 Do you think you are fairly valued or are there pieces to this people still aren’t understanding?
7:30 How many meters have they now drilled
11:30 When can we expect a maiden resource estimate and what is your philosophy behind that decision
14:15 Do you push to get ounces to M+I or is inferred enough
16:30 Reunion Gold comparison
20:30 Is there a change in exploration strategy that has to happen as you begin to transition in size and prepare for a takeout?
23:00 Discussion around insider selling
26:30 Upcoming Catalysts

Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

(Time Stamps Below) @prismometals

Companion Article and Written Summary:
https://juniorresourceinvesting.substack.com/p/prismo-metalstargeting-high-grade

Time Stamps:

Prismo Metals have officially begun drilling their Palos Verdes project immediately adjacent to Vizsla Silver’s Panuco project. With 3000 meters budgeted, this drill campaign will test the property at depth and along strike in ways it has never been before. Success with this campaign will very materially grow any future resource in this very high-grade silver-gold district. With Vizsla as a formal partner offering technical expertise and guidance - including allowing Prismo to drill from its land to target at depth properly - this is a pretty exciting drill campaign which I also believe has a pretty high likelihood of success.

Time Stamps

01:00 Overview of News Release
02:30 Are there perceived delays to spud?
04:00 Why drill deeper here vs elsewhere?
06:45 Why is Vizsla’s Napoleon Vein an important analogue for your exploration?
10:40 Run through the three main goals of this program
14:30 Discussion of Graphics from News Release
17:45 How concrete is your drill program currently?
20:45 Timing for drill results
23:15 Hot Breccia Update

Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

@thesisgold1473
Time Stamps Below

Join the Community at: https://discord.gg/pZDsQTSjV6

Companion Article and Summary at:
https://juniorresourceinvesting.substack.com/p/thesis-gold-updated-pea-this-is-one

Published Sept. 21, 2024

Thesis Gold (TAU.V) has had a pretty good run over the past month or so since my site visit, rising some 60% from 60 cents to $0.95. Obviously someone has caught wind of the deep value imbalance that was (and still is, though not quite so extreme) here. A big part of this no doubt was the updated PEA Thesis put out a couple weeks ago that formally united Lawyers and Ranch and demonstrated some pretty compelling numbers. Below is my conversation I had with CEO Ewan Webster about that PEA, as well as the TAU’s future.

Time Stamps
00:30: What are you proud of in terms of what changed between PEA 1 and 2. 
03:00: Name a couple tradeoffs that made it better
07:20: Why didn’t inflation impact your project
09:46 Project Cost Advantages
13:30 Thesis Gold’s Dual Role of DevCo and ExploreCo and next 12 months

Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.

@abrasilverresourcecorp
Time Stamps Below
Companion Article:
https://open.substack.com/pub/juniorresourceinvesting/p/company-update-abrasilver-just-keeps?r=25pwww&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Join my Discord: https://discord.gg/gajU6zF2bC

Overview
AbraSilver (ABRA.V) is a well-known name in this industry, and for good reason. It’s Diablillos project is big, high-grade, and full of potential. For some companies, an annual update might be enough to stay up to date. Not so with Abra. CEO John Miniotis fills me in on the many different important pieces of news Abra has released since we last spoke, such as a PFS, a share rollback, a deal with Kinross, and an ongoing exploration program which in part promises to drill out some truly blue sky targets.


Time Stamps
01:00 Company Intro
03:25 Drill campaign discussion
10:45 Drilling Priorities
12:15 Why is the strip ratio so high (6.4:1)
16:00 How does Heap Leach/cheap start-up optionality help with negotiations?
18:00 The porphyry – how did you decide to start exploring for it now.
23:00 Kinross Deal – Regional Partnership. What is it and why?
26:00 The Reverse Split. How do you navigate one without destroying value?
30:30 Looking back on the success of Abra – what were the signs from the start this could be a special project?
33:30 Final thoughts on Argentinian Jurisdictional Strength



Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR+ filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we may have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. I work hard to be independent, objective, and selective, but you should be critical of my work. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.