Altius Minerals Expands Lithium and Renewable Royalties | André Gaumond

Gold miners are back on Rick Rule’s buy list as falling share prices push valuations to levels he says he has rarely seen in five decades of investing.Rick Rule, President & CEO of Rule Investment Media, joins Kitco Mining with Paul Harris and says gold equities are now “as cheap as it's been at any point in time in my career,” although higher nominal interest rates could still push bullion and mining shares lower before valuations recover. He is buying across royalty companies, producers, developers and explorers as tax-loss season creates further opportunities.Following the U.S. midterm elections, Rule expects recent improvements in mining permitting and government support for resource projects to come under pressure when the new Congress takes office. He also weighs Freeport-McMoRan’s $4.5 billion Bagdad expansion and the latest $144 million commitment to Resolution Copper in Arizona.Rule argues that political resistance to U.S. data centers will not remove their underlying metal demand: “The copper doesn't care if it gets used in Saudi Arabia or in Arizona.” He also examines Codelco’s declining production and criticizes the capital record of state-owned resource companies.For junior miners, conditions are changing quickly. Rule says “the financing window has slammed shut,” but sees less competition for deals and tax-loss selling as opportunities for disciplined buyers.Recorded November 6, 2026.Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - Welcome and Rick Rule Intro00:40 - Australia and Mining Market Sentiment02:02 - U.S. Midterms and Political Gridlock06:20 - 2028 Election Outlook09:52 - Term Limits and Presidential Risk11:45 - Mining Permitting After the Midterms13:48 - Tech Selloff and AI Valuations17:51 - Copper Demand, Rates and Oil19:54 - Freeport, Resolution and Arizona Copper25:23 - Codelco and State-Owned Mining Companies27:17 - Why Rick Rule Is Buying Gold Stocks29:28 - Tax-Loss Season and Junior Mining Strategy31:13 - Wrap Up and Farewell__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Sirios Resources is advancing its Cheechoo gold project in Quebec toward a first preliminary economic assessment (PEA), following 23,000 meters of resource-expansion drilling and ahead of a planned 12,000-meter winter campaign.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, Jean-Félix Lepage, CEO of Sirios Resources, discusses the upcoming mineral resource update and initial PEA, targeted for the first half of 2027. Sirios has also received shareholder approval for a planned name change to Sirios Mining, reflecting its shift toward project development.Speaking about the PEA, Lepage said: “That's really where I think we will show the real value.”Lepage also discusses why higher gold prices have yet to be fully reflected in mine-planning assumptions.Recorded November 5, 2026Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - Sirios Mining Rebrand and Cheechoo Development00:46 - Cheechoo Drill Results and Winter Exploration Plans02:26 - Aquilon and PLEX Gold Projects in Quebec03:47 - Gold Prices and Mine Economics06:15 - Cheechoo Resource Update and 2027 PEA__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Brunswick Exploration is advancing a major lithium discovery at its Anatacau Main project in Quebec's James Bay region after reporting 302 meters grading 1.73% lithium oxide, including 142 meters at 1.97%. CEO Killian Charles says the company has increased its proposed financing from C$11 million to C$20 million to support further exploration.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, Charles discusses the significance of the discovery, located approximately 20 kilometers from Rio Tinto's Galaxy project. He said, “We believe we've made a significant discovery, and that's putting it lightly.”With mineralization remaining open in all directions, Brunswick is preparing further drilling and metallurgical studies. Charles believes Anatacau could potentially surpass Mirage, where the company established an inferred resource of 52.2 million tonnes grading 1.08% lithium oxide in January 2026.Charles also outlines plans for Greenland drilling in 2027 and continued exploration in Saudi Arabia, while identifying late 2027 to early 2028 as a possible timeframe for an initial Anatacau resource estimate or exploration target.Recorded November 5, 2026Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - Anatacau Main Lithium Discovery and Drill Results01:19 - C$20M Financing and Follow-Up Drilling03:34 - Mirage Resource and Anatacau Growth Potential05:48 - Greenland Drilling Plans for 202707:00 - Saudi Arabia and Global Lithium Exploration08:44 - Upcoming Catalysts and Resource Timeline__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Osisko Metals is targeting significant resource growth at its Gaspé Copper project in Quebec, with its expanded 2026 drilling campaign expected to reach approximately 70,000 meters and a preliminary economic assessment (PEA) planned for late 2027.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, Robert Wares, CEO of Osisko Metals, discusses recent drilling results, including 314 meters averaging 0.44% copper, and the company's newly closed C$25 million flow-through financing. Wares said “we expect a significant expansion” in the next resource estimate.Osisko anticipates an interim resource update incorporating Porphyry Mountain in late 2026, followed by a broader estimate in late Q1 or early Q2 2027. Wares also outlines plans for another 50,000 meters of drilling in 2027 and the possibility of bringing Porphyry Mountain's higher-grade underground mineralization into the Gaspé mine plan earlier.The interview also covers feasibility delays at Pine Point linked to power supply and tax-credit uncertainty, alongside the planned Osisko Critical Minerals spinoff targeting new copper discoveries.Recorded November 5, 2026Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - Gaspé Copper Drilling and Resource Growth01:16 - C$25M Financing and 2027 PEA Plans01:59 - Pine Point Feasibility and Power Challenges02:57 - Osisko Critical Minerals Spinoff and New Brunswick04:22 - Investor Demand and Copper Expansion Plans04:57 - Porphyry Mountain and Upcoming Resource Updates__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

First Mining Gold is targeting a potential construction decision in 2028 for its Springpole gold project in Ontario, while advancing Duparquet in Quebec toward key development milestones in 2027.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, James Maxwell, VP of Exploration and Project Operations at First Mining Gold, discusses Springpole's June 30 federal environmental approval, Indigenous community agreements, and pending provincial decision. A feasibility study is targeted for the second half of 2027, alongside preparations for site-access infrastructure.“We're hopeful to make a construction decision in 2028 on Springpole,” Maxwell said.At Duparquet, approximately 50,000 meters of additional drilling are supporting a resource update expected in early 2027, followed by a midyear pre-feasibility study evaluating a more open-pit-focused development scenario.Recorded November 4, 2026Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - Springpole and Duparquet Gold Projects00:55 - Springpole Feasibility Study and Federal Approval02:47 - Duparquet Drilling and 2027 Resource Update04:46 - Springpole Construction Plans and 2028 Decision__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Radisson Mining is pursuing a 4-million-ounce gold resource target at its O'Brien project in Quebec, supported by a 140,000-meter drilling campaign and a C$57 million investment from Agnico Eagle to advance underground exploration.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, Matt Manson, President and CEO of Radisson Mining, discusses an 83% drilling hit rate under the company's criteria and exceptional intercepts, including 1.6 kilograms of gold per tonne over one meter. Manson traces O'Brien's reported mineral resources from roughly 400,000 ounces in 2019 to approximately 2.3 million ounces across indicated and inferred categories in March 2026, with another update expected around year-end.Discussing the potential for further discoveries at depth, Manson said “We haven't found the bottom of this deposit yet, and there's a lot of ounces to be delineated here.”Agnico Eagle's investment will support a planned underground exploration ramp reaching approximately 300 meters below surface, near its LaRonde mine. Radisson intends to continue surface drilling through mid-2027 while preparing the underground program to assess geological continuity, ground conditions and potential mining methods.Recorded November 4, 2026Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - O'Brien 140,000-Metre Drill Program and 83% Hit Rate02:06 - Bonanza Gold Intercepts and Deposit Geology03:52 - Resource Growth and 4 Million Oz Target05:22 - Agnico Eagle's C$57M Investment and Underground Ramp07:56 - Resource Updates and 2027–2029 Exploration Plans__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Altius Minerals has invested approximately $750 million over the past 18 months, according to independent director André Gaumond, as the company expands its lithium and renewable energy royalty portfolio and positions for further revenue growth.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, Gaumond discusses Altius' acquisition of Lithium Royalty Corp. and its increased ownership in Great Bay Renewables from 29% to 50%. Altius reported preliminary Q3 2026 attributable royalty revenue of C$33.2 million, including C$13.2 million in its electricity category, which also includes financing-related income.Gaumond said “we will have record revenues” over the next 12 months, pointing to additional renewable projects expected to begin contributing. He also discusses potential acquisitions and the company's interest in expanding copper exposure.The interview explores how AI data centers, electrification and energy storage could increase demand for copper, lithium and electricity, alongside Altius' diversified royalties covering potash, iron ore and gold.Recorded November 4, 2026Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - Altius Invests $750M in Royalty Expansion01:46 - Renewable Royalties and AI-Driven Demand04:14 - Copper, Lithium and Energy Storage Growth06:00 - Diversified Royalties and Critical Minerals08:42 - Record Revenue Outlook and Future Acquisitions__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Gold Fields is preparing to advance its Windfall gold project in Quebec toward construction after securing environmental authorization on October 30, with a final investment decision potentially coming by February 2027.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, Andréanne Boisvert, VP of Environment and Community Relations at Gold Fields, describes the approval as the culmination of a lengthy regulatory review. “it was a three-and-a-half year journey to make it to this point,” she said.The milestone follows the June 2026 Uukiimau Impact and Benefit Agreement with the Cree First Nation of Waswanipi, Cree Nation Government and Grand Council of the Crees. Windfall is expected to produce approximately 300,000 ounces of gold annually once operational.Boisvert outlines plans to resume underground activities suspended in August following the expiry of a bulk-sampling permit. Gold Fields is also preparing civil works and worker accommodations as it advances toward a potential construction decision, subject to board approval and remaining project requirements.Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - Gold Fields Secures Windfall Environmental Approval00:53 - Quebec Permitting Process and Cree Partnership03:03 - Windfall's 300,000 Oz Annual Gold Production Outlook04:56 - Underground Restart and February 2027 Investment Decision06:07 - Closing Remarks from XPLOR 2026__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Maple Gold Mines is advancing plans for a potential two-mine gold complex in Quebec, targeting a preliminary economic assessment (PEA) in Q2 2027 for its Douay/Joutel project.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, Alex Rodriguez, Senior VP of Corporate Development and Strategy at Maple Gold Mines, discusses the company's April resource update and plans to incorporate approximately 57,000 meters of drilling into its next resource estimate.Rodriguez says the project could support “not only one mine, possibly two mines,” combining Douay's open-pit potential with higher-grade underground resources at Joutel.With five drill rigs operating, Maple Gold anticipates further assay results through early 2027. Rodriguez also discusses gold market sentiment, the project's economic potential, and plans for winter exploration targeting new satellite deposits.Recorded November 4, 2026Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - Maple Gold's Winter Drilling Results01:42 - Douay/Joutel Resource Growth and 2027 PEA03:15 - Fall Drilling and Higher-Grade Gold Targets04:18 - Gold Prices and Mining Investor Sentiment06:59 - Upcoming Catalysts and Exploration Upside09:19 - Closing Remarks__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Quebec's Chibougamau district is seeing renewed copper and gold investment as exploration programs expand and mining companies consolidate assets, according to Stephen Stewart, Founder and Chairman of Ore Group.Speaking with Kitco Mining's Ernest Hoffman at XPLOR 2026 in Montreal, Stewart outlines XXIX Metal's approximately 65,000-meter drilling campaign across Quebec and Ontario, including work to evaluate Cooke as a potential second open pit for Opemiska. A pre-feasibility study is targeted for 2027.Stewart also discusses Auriginal Mining's 1.39-million-ounce inferred gold resource at Roger, with additional drilling yet to be incorporated, XXIX's option to acquire Pluto, and IAMGOLD's consolidation in the district. In Côte d'Ivoire, Awalé Resources is advancing a 71,500-meter exploration program.Despite recent mining-stock weakness, Stewart remains bullish. “I see a five- to 10-year run for the metals,” he said. He expects continued volatility but believes lower equity valuations could create acquisition opportunities for cash-rich major producers.Special thanks to our sponsor, Radisson Mining. To learn more, visit: https://radissonmining.com/Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 - XXIX Metal's Major Drilling Plans at Opemiska01:47 - Auriginal's 1.39M Oz Resource and District Consolidation03:54 - Pluto Exploration and Chibougamau's Mining Potential06:19 - Awalé Resources and Côte d'Ivoire Mining Risks08:34 - Gold, Copper and the Five-to-10-Year Metals Outlook12:41 - Mining Stock Pullbacks and M&A Opportunities14:04 - Closing Remarks__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.