JRI – Junior Resource Investor

@foundersmetals
Time Stamps Below

Link to companion article:
https://juniorresourceinvesting.substack.com/p/founders-metals-bags-another-brand


The rate that Founders continues to put new discoveries on the board is impressive, this time the impressive initial results coming out of the Da Vinci target that has seen strong grade in all 5 holes released to date, including 21m of 3.24 g/t Au and 36.0 m of 2.21 g/t Au.

CEO Colin Padget joins me again along with VPX Pascal Voegeli for the first time. This one is a must listen - lots of great insights into their methodology and updates on a wide range of soon-to-be drilled targets. It seems strange to say after the run Founders has had, but they might yet be at another inflection point in terms of the potential and demonstrated scale of their Antino land package. And with four rigs and four surface teams, the rate of discovery is only going to get faster in 2025.

Time Stamps

01:00 Intro to Pascal and the Evolution of his Responsibilities with Founders
08:00 When did you realise you had something special with Antino?
12:00 What part of this story you think the market doesn’t fully grasp yet?
14:00 Discussion of Da Vinci News Release
19:45 Size of this discovery at Da Vinci
22:00 How high confidence is your above ground exploration in identifying below ground discoveries?
25:45 Conversation about new targets that haven’t been drilled yet.
32:15 Where are you at with Lawa
37:00 Where are the rigs, and, assays outstanding?

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 @gigametals

With nickel sentiment and price continuing to suffer, CEO Mark Jarvis joins me to discuss Giga’s recent plans to explore for game-changing high grade. Giga's Turnagain deposit is one of the largest nickel deposits in the world, but with mediocre grade, its bulk tonnage advantages are muted in such dramatic nickel downturns as now.

So, rather, than sitting still and waiting for nickel sentiment and price to return, Mark Jarvis and his team at Giga have proverbially decided to play offence instead of defence and have brought in international nickel expert Dr. Steve Beresford to approach Turnagain with a fresh perspective dedicated at discovering heretofore unfound high-grade deposits around and beneath its massive Turnagain project.

CEO Mark Jarvis joins me to discuss these plans and what it will take to develop a new slate of drill-ready targets.

Time Stamps

00:10 Intro
1:30 Introduce the news release
8:00 Expand more on the work that needs to be done before these targets are drill-ready.
11:30 Are all targets within the existing footprint or are you looking elsewhere as well?
13:00 More on the Volkovsky-style? What is that?
19:00 Can you give us timelines on when we might expect more detailed plans/updates?


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

Companion Article:
https://juniorresourceinvesting.substack.com/p/on-site-3-video-thesis-golds-lawyers

Following up on my photo essay from my time at their Lawyers-Ranch project, here’s an introductory video of my time there.

I will try not to say too much, as theoretically anything I wanted to say has already been said in my photo essay, which you can read here if you so wish.

To provide some sort of context and introduction, the video you see here is more content from my trip to visit Thesis Gold’s Lawyers- Ranch project in northern BC.

Regardless - the right people in the right project is a powerful combination and maximises a company’s chances of success. As an investor that’s all you could hope for, and that is what was clearly on display for me during my visit.


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
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

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.