JRI – Junior Resource Investor

​@contangoore9949
Summary and Time Stamps Below
Link to companion article:
https://juniorresourceinvesting.substack.com/p/vric-and-ame-round-up-2026-ceo-interviews-8ee
Important Note: If you like my work, please click through here and subscribe to CTGO's newsletter to help me demonstrate following I can bring to their story:

https://why-invest-in-contango.com/

CTGO CEO Rick Van Nieuwenhuyse joins me during Vancouver conferences to talk through Contango’s 2025 in review and 2026 in preview. Contango finds itself in the midst of an impressive run of news, producing record revenue on the back of $5000 gold, announcing a merger with premium high-grade silver devco Dolly Varden, and advancing multiple projects simultaneously. And with hedges and debts cleared off in the coming months, and further acquisitions in the cards, Contango looks like it is nowhere near being done yet.

Time Stamps
1:00 Rick’s Introduction
02:15 2025 in Review
05:30 Key Milestones in 2026
08:00 Key hurdle for you to overcome to drive further rerating?

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.

Link to Companion Article:
https://juniorresourceinvesting.substack.com/p/vric-and-ame-round-up-2026-ceo-interviews-4c5

Here’s one I’m tapping as a 2026 favourite. Tungsten is on a wild run with no end in sight yet, and Allied Critical Metals (ACM.CN) looks to be producing tungsten by the end of the year. Strong government support, last financing done without warrants, cheap to explore, cheap to produce, and near-term production with tungsten continuing to absolutely rip. This one checks a lot of boxes.


Time Stamps

00:30 Intro and Incoming Milestones
03:30 Tungsten Market Update
04:45 Biggest hurdle ACM needs to clear to drive further rerating?

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.

​ @tocvanventures Time Stamps Below

Companion Article:

The second of my Vancouver conference season CEO interviews. This one comes from long-time key pick Tocvan Ventures, as CEO Brodie Sutherland met with me for a chat on the first day of VRIC.

Tocvan remains in the catbird’s seat with their Gran Pilar gold-silver project in Sonora, Mexico. A strong, up to 20,000m, drill program is planned this year to expand the known, unofficial, resource and probe for new discoveries. The hurdle for economic viability in their corner of the world is remkarbly low, meaning that even modest discovery success can result in outsized economic potential. And with pilot production due this year - trenching and construction for the heap leach project has begun - Tocvan is in a position to prove the viability of its plan in the very short term with gold having seemingly built $5000 spot as its new base of support.

Time Stamps
00:20 Intro to Tocvan Ventures & 2025 Recap
03:00 2026 Preview

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. ‪@whitegoldcorp

Link to Companion Article:
https://juniorresourceinvesting.substack.com/p/vric-and-ame-round-up-2026-ceo-interviews

The first of a collection of CEO interviews I’ll be releasing from my time in Vancouver for conference season during the end of January. This one comes from a new story to JRI - Yukon-based White Gold (WGO.V).

White Gold is advancing its eponymously-named flagship project which now hosts 3 million ounces of 1.5+ g/t gold. With a large drill campaign, updated resource, PEA, spinout, and additional critical metals exploration on tap or 2026, White Gold holds its fate in its own hands to drive further growth in 2026. And with an expert technical team, and strong financial and strategic backing, that’s a pretty good place to be.


Time Stamps
00:30 CEO Intro Pitch for White Gold
03:10 Recap 2025
06:30 2026 Milestones to Come


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.
Ask

Time Stamps Below. @CosaResources

Support my work by clicking here to subscribe to Cosa's newsletter:
https://cosaresources.ca/contact/subscribe/

ink to Companion Article:
https://juniorresourceinvesting.substack.com/p/discovery-drilling-on-tier-one-ground


Cosa Resources (COSA.V) has officially spud on the first of two drill campaigns this winter targeting their Darby and Murphy Lake North projects, held in a 70:30 JV with Denison Mines. With multiple high-quality, drill-ready targets at Cosa’s disposal, Cosa has multiple shots at glory. This is one of my top (especially pre-discovery) plays. And with Uranium looking like it wants to break out, the time, the timing couldn’t be better.


Time Stamps
00:45 Keith Overview of News
02:00 Discussion about Darby
06:30 Personal favourite?
08:30 Murphy Lake North targets
10:30 Rate of Drilling?
12:30 Discussion around company cash position.

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.

Timestamps Below @thesisgold1473

Link to Written Companion Work:
https://juniorresourceinvesting.substack.com/p/thesis-gold-answers-investor-questions

After starting 2025 hovering around the 55 cent range, Thesis continues its massive tear, pushing all the way up to and past $3.00 here now. And the merits of Thesis’ Lawyers-Ranch project make this sharp rerating well-deserved. The format this time is an investor-based Q&A, with all questions sourced from ceo.ca users or my followers.

I’m in Vancouver for conference season, and having listened to a presentation by Thesis on its continuing geological potential, my excitement for this story got renewed all over again.

Time Stamps

01:00 Ewan’s Discussion of Steve Zone Results
06:30 What’s left to be reported from 2025
09:30 Favourite undrilled targets of yours?
15:00 Environmental Assessment Update
18:30 Centerra’s Kemess Expansion PEA
25:00 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.

​@contangoore9949 @dollyvardensilvercorp8937 @dollyvardensilvercorp.9308
Summary and Time Stamps Below

Important Note: If you like my work, please click through here and subscribe to CTGO's newsletter to help me demonstrate following I can bring to their story:
https://contango-ore-to-merge-with-dolly-varden-silver.com/

Intro

Big news out of the sector from two companies I have covered closely at one point or another. One of my current favourites - Contango Ore - is merging with one of my first favourites - Dolly Varden Silver - to form a company poised in the coming few years to become one of the dominant North America-only precious metals producers.

CTGO.NYSE CEO Rick Van Nieuwenhuyse and DVS.NYSE CEO Shawn Khunkhun join me to discuss this merger of equals, how it came about, and its significance.

Link to companion article:
https://juniorresourceinvesting.substack.com/p/aggressively-advancing-to-further


Time Stamps
01:30 Intro to the Deal
06:00 How did this plan come about?
10:00 Rick: Why Kitsault Valley specifically?
14:00 Shawn – Why no premium?
17:30 Has there been any pushback or concerns?
21:30 Potential for a weakened float as you blend bases?
28:15 Does BC as a jurisdiction align with your DSO model?
33:00 Is this it for M&A?
37:30 Plans for dual-listing TSX/NYSE – advantages or disadvantages of one over the other?
41:30 What news can we expect prior to March 2026 formal merger?
44:00 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.

​ @tocvanventures Time Stamps Below

Companion Article:
https://juniorresourceinvesting.substack.com/p/tocvan-ventures-maiden-drill-program

A grab bag update from Tocvan CEO Brodie Sutherland. Tocvan has officially begun the first-ever drill campaign on its North Block and trenching for pilot plant production is imminent at its South Block. As well, Brodie provides an update on warrant exercises, and we discuss the challenge of balancing meeting timelines and managing cost.

Time Stamps
00:10 Starting Off
05:00 Warrants and Cash Update
09:30 Significance of Sorbie Bornholm Deal
12:30 Conversation about Slipping Timelines
16:45 Final Thoughts/Pilot 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.

Timestamps Below @thesisgold1473

Link to Written Companion Work:

Thesis Gold continues to confirm itself as one of North America’s most impressive gold-silver development plays. With today’s (Dec. 1) release of their PFS, Thesis has become even more impressive, demonstrating how powerful their Lawyers-Ranch project is amidst record gold prices. The boilerplate economics are fantastic (and were built using $2900 spot with gold well above $4000) demonstrating full well just how much blue sky potential this gold run has created for top-tier gold stories.

I sit down with Ewan to dig in past the headline numbers, discussing the mine plan and its underlying assumptions, Thesis’ decision-making processes, their engineering firm, and future strategies.


Time Stamps
00:30 Ewan’s Intro to the PFS
03:00 Ausenco as lead for PFS
05:00 Was high gold price primary motivator behind the adjustments (bigger, lower grade)
07:00 4.5m oz in the resource and 3.2m oz in reserves – where are those ounces gone?
09:00 Is the next step for Thesis increasing scale?
12:30 Costs - $46.49/tonne
17:00 FS Discussion – When, how much cost?
22:00 What drilling will you conduct next year.
24:00 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.