Keith Bodnarchuk, President and CEO of Cosa Resources Corp. (TSX-V: COSA) (OTCQB: COSAF), joins us for a comprehensive introduction to this Canadian uranium exploration company operating in northern Saskatchewan. The portfolio comprises roughly 209,000 ha across multiple projects in the Athabasca Basin region, all of which are underexplored, and the majority reside within or adjacent to established uranium corridors.

We talked with Keith about Cosa’s primary focus through 2024 will be drilling at their Ursa Project, which captures over 60-kilometres of strike length of the Cable Bay Shear Zone, a regional structural corridor with known mineralization and limited historical drilling. It potentially represents the last remaining eastern Athabasca corridor to not yet yield a major discovery. Modern geophysics completed by Cosa in 2023 identified multiple high-priority target areas characterized by conductive basement stratigraphy beneath or adjacent to broad zones of inferred sandstone alteration – a setting that is typical of most eastern Athabasca uranium deposits. Initial drilling results from Ursa in winter 2024 were positive and included the intersection of a broad zone of alteration with associated structure in the Athabasca sandstone located 250 to 460 metres above the sub-Athabasca unconformity. Follow-up drilling is planned in the second half of 2024.

We then spent more time having Keith outlining Cosa’s award-winning management team has a long track record of success in Saskatchewan. In 2022, members of the Cosa team were awarded the AME Colin Spence Award for their previous involvement in discovering IsoEnergy’s Hurricane deposit. Prior to Hurricane, Cosa personnel led teams or had integral roles in the discovery of Denison Mines’ Gryphon deposit and 92 Energy’s Gemini Zone and held key roles in the founding of both NexGen and IsoEnergy. We wrapped up with the share structure, key strategic investors, and the financial strength of the company to complete this year’s exploration and have access to capital in the future.

If you have any questions for Keith regarding Cosa Energy, then please email them in to us at either [email protected] or [email protected].

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Click here to follow the most recent news from Cosa Resources

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Brian Penny, CEO of Wallbridge Mining  (TSX: WM – OTCQX: WLBMF), joins me for a comprehensive exploration and development update at their flagship Fenelon Project, and the Martinière Project, with additional updates on regional exploration targets along the Detour-Fenelon trend, in Québec.

We start off having Brian recap the key milestones and work programs from 2023, and then dive right into the work already completed or still ongoing in 2024, and the balance of the work and key news looking ahead.   The overall drill program of 23,000 meters will be done in a few phases at various projects. At Fenelon, the Company has already completed 2,500 meters of drilling for both definition drilling and testing a few new areas, and those results should be coming out to the market in the near future.  

The 2024 drill program at Martinière, 30 kilometres west of the Company’s Fenelon gold project and 45 kilometres east of Agnico Eagle’s Detour Lake gold mine, will be conducted in two phases.  In March, a diamond drill program with 7,500 meters kicked off using two rigs at its Martiniere gold project located in Northern Abitibi, Quebec.  The goals of this first phase of drilling are to expand and upgrade the current gold resource; to collect a representative sample of mineralized material for metallurgical characterization studies; and to collect oriented drill core data to support geotechnical rock mass characterization studies.

This first phase of drilling has been mostly completed, and the Phase 2 drilling will be based on the results returned from Phase 1 and is scheduled to commence in early Q3. The results from the Martiniere drilling program will be incorporated into a combined Fenelon/Martiniere Preliminary Economic Assessment (“PEA”) scheduled for completion in early 2026.

We also touch upon additional regional drill targets at Fenelon and Martinière that may see some drilling this year, as well as the outlook at Detour East with their JV partner Agnico Eagle, and some additional drilling planned at the Casault Project, that they are optioning into with Midland Exploration.  We wrap up discussing the recent participation in the private placement to raise capital for NorthX Nickel Corp. (formerly Archer Exploration Corp.) (CSE:NIX).

If you have any questions for Brian regarding Wallbridge Mining, then please email me at  [email protected].

• In full disclosure, Shad is a shareholder of Wallbridge Mining at the time of this recording.

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Red Canyon Resources (CSE:REDC- OTCQB:REDRF) is a new copper exploration company with a portfolio of projects in BC and the western USA. The Company is part of NewQuest Capital, which includes companies I have featured on the show Headwater Gold and Inflection Resources.

Wendell Zerb, Chairman and CEO of Red Canyon Resources joins me to discuss the exploration strategy across the projects and how the Company managed to build a portfolio of 7 projects. On the project side, we focus on the Peak Project, in BC, which the Company will start drilling this month. Wendell also provides an overview of the Kendall Project, in BC, and Scraper Spring Project, in Nevada. Both of which are advancing to drilling.

This is a newly listed Company so the share structure is tight, with just under 35million share outstanding. Wendell recaps the key shareholders.

If you have any follow up questions for Wendell please email me at [email protected].

Click here to visit the Red Canyon website to read over the corporate presentation and learn more about each project.

Jordan Roy-Byrne, CMT, MFTA and Editor of The Daily Gold, joins us to discuss the key takeaways from his presentation last weekend at the Metals Investor Forum titled “The Biggest Gold Breakout In 50 Years…Is Here.” We start off reviewing the recent breakout higher in gold from the 13 year larger cup &  handle pattern, and then look to the upcoming breakout confirmation on the 45-year basing on the inflation adjusted gold price chart as some critical longer-term technical factors.  Then we look towards the next confirming factor that we will be truly in a new secular bull market, which would be the breakout in gold versus the traditional 60/40 retirement portfolio (60% equities / 40% bonds), which is also close to breaking out. We have Jordan outline the nuances between cyclical and secular moves, and some higher price targets he sees in gold should we see gold really make a secular run, as general equities enter a secular bear market.

In the latter part of the discussion, we shift things over to the precious metals mining stocks, and why he still favors being positioned in the growth-oriented producers, or developers with access to capital to build a large project of scale in the next 1-2 years.  Conversely, Jordan points out why he is still avoiding the smaller deposits, earlier stage explorers, and orphaned developers, that will not have the same kind of leverage to rising gold prices in the next leg of this bull market. 

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Click here to visit Jordan’s site – The Daily Gold.

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Mike Larson, Editor-In-Chief at MoneyShow joins us to discuss breakouts in markets and commodities.

We ask Mike if he thinks the run in US markets it getting tired and if investors are too euphoric.

On the commodities front we get Mike’s outlook for copper, gold and the energy sector.

Since everything is very bullish we also have Mike outline the bear cases on his radar that could turn the overall environment bearish.

Click here to visit the MoneyShow website to learn more about the upcoming shows.

Jesse Felder, Founder of The Felder Report joins us to discuss his bullish outlook for commodities. Copper, gold, silver and even natural gas are breaking out, some to all-time highs, others out of ranges.

We ask Jesse what he is attributing these breakouts to and how sustainable they are. We also discuss the investment opportunities he sees in commodities equities, in energy, copper and gold.

To wrap up we ask about the breakout in markets as well. On this front Jesse is leaning much more bearishly.

Click here to visit the Felder Report website.

In this Daily Editorial we get an update from Trident Royalties (AIM:TRR – OTC:TDRF). We recap the Q1 2024 financial results and look ahead to royalties and offtake agreements, within the Company’s portfolio, that are advancing toward cash-flow.

Adam Davidson, CEO and Executive Director, and Justin Anderson, VP Americas at Trident Royalties join us to prove the update. We focus on the key assets with the portfolio and the diversification across a range of metals. We discuss the Company’s cornerstone asset, as well as the outlook for future acquisitions, especially outside of precious metals.

Click here to visit the Trident Royalties website to learn more about the Company.

Dave Erfle, Editor of The Junior Miner Junky, joins us to share his technical outlook on gold, silver, and the PM mining stocks, and offers some pro tips to help investors narrow down the field of investable gold and silver stocks.   With silver starting to outperform gold, bringing the gold:silver ratio down, and with silver stocks starting to outperform the gold stocks, we are finally seeing the kinds of patterns of a more sustainable bull market in the precious metals sector.  However, not all stocks are going to rise with the tide, and Dave shares a number of insights as to how to assess permitting, jurisdiction, economic studies, drilling programs, acquisitions of land or other companies, and much more.

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Click here to visit The Junior Miner Junky website to follow along with Dave.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to continue our discussion from last week on why he is getting more bullish on the copper supply/demand fundamentals and has been positioning in more junior stocks with exposure to the red metal. In addition, we get Erik’s thoughts on how junior exploration companies with exposure to uranium in Sweden will fare in a best-case and worst-case scenario, based on the anticipated news update tomorrow.

Erik highlights 5 junior exploration stocks that he has positioned in that have varying degrees of copper exposure and outlines the value proposition that higher copper prices and a need for more supply could have on their projects:  Magna Mining (TSXV: NICU) (OTCQB: MGMNF), Stillwater Critical Minerals (TSX.V:PGE)(OTCQB:PGEZF), Gladiator Metals (TSXV: GLAD) (OTCQB: GDTRF) , Inflection Resources (CSE: AUCU) (OTCQB: AUCUF), and Brixton Metals (TSX-V: BBB, OTCQB: BBBXF).*

As far as the new coming out of Sweden, with regards to potentially lifting the uranium mining moratorium, Erik unpacks how it is very germane to the valuations in both District Metals (TSXV: DMX) (OTCQB: DMXCF) and Mawson Gold (TSXV:MAW) (OTC PINK:MWSNF), but that these companies still have exposure to other projects and other commodities that will be backstopping some of their valuations.*

*In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.

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Click here to visit Erik’s site – The Hedgeless Horseman

Matt Badiali, Editor of The New Energy Investor and CEO of Quetzal Copper joins me to discuss the copper price breakout to all time highs earlier today and if money will filter down to earlier stage copper companies.

With copper demand and expectations continuing to increase we discuss the supply side of the market. Majority of the supply growth will come from exiting mines expanding, not from new mine builds. But will this increase come close to filling the supply gap?

Filtering down to possible copper mine builds we discuss the financing environment and cost of capital for companies. We also balance out the size of copper assets for which could be build and make investors money.

Click here to visit the Mangrove Investor website to learn more about the New Energy Investor newsletter.

Craig Nicol, President and CEO of Graphene Manufacturing Group (TSX.V:GMG – OTCQX:GMGMF) joins me to answer a wide range of questions that you all have sent me.

We start with the recent financing, that closed for $3.47million. We discuss what this money is needed for and what divisions it will be allocated to. Also mentioning the AU$2million funding grant from the Queensland government. The major question I received was if the Company will need to go back to market in the near term or if revenues and other money will come in to support ongoing activities. 

We then move to the THERMAL-XR division. Questions on government approval in the US, near term sales potential, uses in other sectors, like data centers, and other groups testing the product. Potential revenue was a large focus of the questions I received so that’s where we focused. 

On the battery division, we didn’t have time to get to all the technical questions but I will be setting up a webinar in the next few weeks to discuss. I ask Craig about the path to market for the pouch pack batteries. I also get an update on the Rio Tinto partnership.

Please keep sending me your questions and I will save them up for my next call and the webinar. My email address is [email protected].

Click here to visit the GMG website to read over the recent news.