Junior Resource Investing

Link to companion article: https://juniorresourceinvesting.subst... Time Stamps 01:45 Ian’s Intro 06:50 Compare to Thompson more directly 11:05 VTEM and Geophysical Work Now 16:30 How do you balance new model and old targets 19:30 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 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.

​‪@contangosilverandgold‬ `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-do... Link to companion article: https://juniorresourceinvesting.subst... Another update from Contango Silver & Gold. The merger with Dolly Varden is now complete. The new Canadian ticker is live. And Contango Silver & Gold (with $100 million of cash on hand and forecasting some $100 million in cash flow for 2026) has now announced plans to aggressively advance all four of its key projects this year. This remains a multi-year favourite pick of mine: They have huge potential and the team and experience to realise it. CEO Rick Van Nieuwenhuyse joins me for another update interview. Time Stamps 00:45 Compare the DV merger with others you’ve been a part of. 03:45 Challenges combining two distinct investor bases. 06:00 Why the need for a Canadian ticker. 09:00 Do you risk “losing some credit” for KV now that it’s part of a bigger package? 15:00 How much does the rising price of oil impact CTGO? 19:15 Question on Guidance - Discrepancy in 2026 number 22:45 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.

‪ @CosaResources‬ Support my work by clicking here to subscribe to Cosa's newsletter: https://cosaresources.ca/contact/subs... Link to Companion Article: This one is in a very exciting spot. With initial results now released, Cosa Resources (COSA.V) finds itself potentially on the verge of another major discovery. On a single N-S section on its Murphy Lake North project, Cosa has pulled up all the hallmarks of a classic high-grade Athabasca uranium discovery. With the first-ever five holes drilled into this target, Cosa has now discovered a large structural corridor with significant fractured graphitic units in the basement, long runs of tell-tale alteration running from deep into the basement up into the sandstone, and even high-grade radioactivity, with an impressive preliminary reading of up to 13,900 CPS. Cosa now believes they could be on the fringe of a larger system similar to the famous high-grade Hurricane deposit (located on-trend and just a few km away from Murphy Lake North) that the Cosa team was instrumental in discovering. Indeed, as VP Corporate Development Justin Rodko states in our discussion, there are many exciting parallels between the early days of both projects that makes Cosa “cautious but incredibly excited”. Time Stamps 03:45 Walk us Through the Results to Date 06:30 How does the size of this compare to Hurricane 09:00 Early thoughts on plans for next drill campaign? 12:15 Final Thoughts from Justin   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.

Link to Written Companion Work: https://juniorresourceinvesting.subst... Thesis Gold & Silver continues to put out major headlines and CEO Ewan Webster joined me for some additional insight on some recent news. First, a major development with Anglo Gold Ashanti taking up a 5% stake in Thesis, signaling pretty clearly the caliber of project Lawyers Ranch is. But Thesis also generated some exciting exploration news, releasing for the first time a preliminary overview of their interpreted porphyry systems. If either of those separate targets come good this somewhere, this already exceptional project could suddenly see its potential increase substantially. Time Stamps 03:00 Advantages of Multiple Strategics 05:30 Porphyry Exploration Targets 11:30 Meterage Planned 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.subst... My latest sit-down with Founders Metals (FDR.V) CEO Colin Padget. Founders is now exploring and upgrading its recently-acquired lands and building up a new, exciting, suite of drill targets that rival the best of their original package that drove their original run from $0.30 to $6.00. With heavy news flow continuing, Founders is building up critical mass and has everything needed to spark another discovery-based rerating - one that feels a question of “when” not “if”. Time Stamps 00:30 Lower Antino Drill Results 03:00 Size of LA 05:00 Antino North – Exploration preview 08:15 How do these results compare to original lands? 11:30 How much is the new land supplanting the old? 12:30 Maria Geralda 16:00 2026 Rig count and meterage? 17:30 What Qs are you getting from investors these days? 20:00 Final Thoughts and News to Come in 2026   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. ‪@senderoresources‬ https://juniorresourceinvesting.subst... This is one I followed a couple years back. Ticker SEND.V. It rocketed on speculation in the lead-up in early 2024, but then crashed up against outsized expectations despite a couple quite respectable holes. And yeah, I took the L, as they say, a bit with it. Even with a 70% peak from my first call, the 90% crash after soured the fruit a bit. But the project itself never really lost its shine to me. There still seemed like an awful lot of potential at Peñas Negras, situated a few km away, along trend, and in the same geological setting as some of the Lundin family giants in the famous Vicuña district. And so here we are today, and a new team has gotten a hold of Sendero and now, with cash, solid backing, a new geological model, and they’re currently drilling. This is a high impact discovery story led by experienced, respected, successful industry players. Director of Corporate Development Jeremy Gillis joined me to introduce the new, improved, Sendero, and why they are one of the most undervalued potential discovery plays going.   Time Stamps 01:15 Jeremy reintroduces Peñas Negras 04:45 Jeremy’s Background and Work With Sendero 11:00 What happened at Sendero previously? 18:00 Who is the new leadership team? 27:15 Peter Marrone – His involvement. Yamana Gold connection? 30:15 Drill Campaign Details   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. How this was made

Time Stamps Below. Link to Companion Article: https://juniorresourceinvesting.substack.com/publish/post/192036186?r=25pwww&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true VPEX Vitor Arezes of ACM.CN sat with me off-campus during this past PDAC and lifted the curtain on Allied's key advantages and why he believes people still don't fully get what's going on with tungsten. Time Stamps 01:00: Borralha PEA – What are you proud of within it? 08:30: Is the plan still to get into smaller production ASAP or do you want to maximise the mine plan before switching to production? 12:00 What do you say to people concerned about tungsten being too niche and too vulnerable to a big crash? 14:30 Supply Gap concerns: Can they be too easily filled by larger players? 17:30 Is this still a race to production though? 19:45: What do you see the actual Western supply gap at right now? 21:15: Current long-term pricing for off-takes and contracts. 25:15 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.

Link to Companion Article: https://juniorresourceinvesting.subst... Grinding through the last of my on-site Year in Preview/Review series from Vancouver (to turn around and get Toronto out right after, natch), here’s an update from Ian Fraser, CEO of Fathom Nickel (FNI.CN). Fathom remains the kind of company we should be cheering for to succeed in this sector - strong exploratory science and trustworthy leadership. As the wheels fell off the nickel market the past couple years, Fathom still managed to, if slowly, advance its Gochager nickel-cobalt project, and have developed multiple drill-ready targets. Now cashed up thanks to an oversubscribed, $4 million financing, Fathom is (as of today officially) drilling once more and seeking to discover just how big Gochager really is. Risk is high, but the reward here remains tremendous. Time Stamps 01:00 General Update 07:45 Nickel Macro Discussion 13:15 What’s Next for Fathom? 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.

Longstanding JRI company Fathom Nickel is drilling again. The nickel market was extremely tough for years right up until it wasn’t this past winter, and that sudden change in sentiment let Fathom raise some $4 million to at last get back to drilling. Now, CEO Ian Fraser sits down with me to go over the drill campaign at their Gochager Lake nickel-cobalt project, as well as other company news. Time Stamps 00:45 Reintroduce the Geological Model and Exploration Thesis 03:10 Where does historic deposit fit within that model? 06:00 Is there a risk any theoretical deposit has been remobilised and destroyed? 08:45 How does the size of your area of geochemical anomaly compare to major deposits. 12:00 Explain Nickel Tenor and Its Significance 14:30 Drill Campaign Targets Overview 18:30 Areas C and D Discussion 22:30 How much will not using the helicopter save 24:30 Gap in Data Around Area D 28:45 Do you expand around known zones are strike further out for discovery? 35:00 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.

Support my work by clicking here to subscribe to Cosa's newsletter: https://cosaresources.ca/contact/subs... Link to Companion Article: https://juniorresourceinvesting.subst... Another Vancouver Conference Quick Hit, this one featuring CEO Keith Bodnarchuk and Cosa Resources (COSA.V). Cosa is drilling right now on multiple high impact drill properties acquired courtesy of its JV with Uranium multi-billion dollar developer Denison Mines. I cover this one closely and am a true believer in the integrity and ability of the team. They really do feel like one of those plays that if you just let them do their thing, eventually you'll be well-rewarded for your patience. 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.