EVENTS

Luca Mining - Dallas, TX
Feb
10

Luca Mining - Dallas, TX

Luca Mining is a diversified Canadian mining company with two 100%-owned producing mines within the prolific Sierra Madre mineralized belt in Mexico which hosts numerous producing and historical mines along its trend. The Company produces gold, copper, zinc, silver and lead from these mines that each have considerable development and resource upside.

 The Campo Morado polymetallic VMS mine is an underground operation located in Guerrero State within a 121 square kilometer land package.  It produces copper-zinc-lead concentrates with precious metals credits. It is currently undergoing an optimization program which is already generating significant improvements in recoveries, grades, efficiencies, and cashflows.

The Tahuehueto Mine is a large property of over 100 square kilometres in Durango State.  The project hosts epithermal gold and silver vein-style mineralization.  Tahuehueto is a newly constructed underground mining operation producing primarily gold and silver.  The Company has successfully commissioned its mill and is now in commercial production.

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Luca Mining - Houston, TX
Feb
10

Luca Mining - Houston, TX

Luca Mining is a diversified Canadian mining company with two 100%-owned producing mines within the prolific Sierra Madre mineralized belt in Mexico which hosts numerous producing and historical mines along its trend. The Company produces gold, copper, zinc, silver and lead from these mines that each have considerable development and resource upside.

 The Campo Morado polymetallic VMS mine is an underground operation located in Guerrero State within a 121 square kilometer land package.  It produces copper-zinc-lead concentrates with precious metals credits. It is currently undergoing an optimization program which is already generating significant improvements in recoveries, grades, efficiencies, and cashflows.

The Tahuehueto Mine is a large property of over 100 square kilometres in Durango State.  The project hosts epithermal gold and silver vein-style mineralization.  Tahuehueto is a newly constructed underground mining operation producing primarily gold and silver.  The Company has successfully commissioned its mill and is now in commercial production.

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Maple Gold Mines - Vancouver, BC
Feb
19

Maple Gold Mines - Vancouver, BC

Maple Gold Mines is a well-funded Canadian advanced exploration company focused on advancing its 100%-owned, district-scale Douay/Joutel Gold Project located in Québec's prolific Abitibi Greenstone Gold Belt. Douay/Joutel benefits from exceptional infrastructure access and boasts ~481 square kilometers of highly prospective ground including an established gold mineral resource at Douay with significant expansion potential as well as the past-producing Telbel and Eagle West mines at Joutel. In addition, the Company holds an exclusive option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel Mining Complex.

Maple Gold's property package also hosts a significant number of regional exploration targets along a 55-km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the property ripe for new gold and VMS discoveries. The Company is currently focused on carrying out exploration and drill programs to grow mineral resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.

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Pan Global Resources Webinar: Investor Update
Jan
29

Pan Global Resources Webinar: Investor Update

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Pan Global Resources is actively exploring for copper-rich mineral deposits along with gold and other metals. Copper has compelling supply-demand fundamentals and outlook for strong long-term prices as a critical metal for global electrification and energy transition. Gold is also attracting record prices. The Company’s flagship Escacena Project is in the prolific Iberian Pyrite Belt mine trend in southern Spain, where a favourable permitting track record, excellent infrastructure, mining and professional expertise, and support for copper as a Strategic Raw Material by the European Commission collectively define a tier-one low-risk jurisdiction for mining investment. The Company’s second project, at Cármenes in northern Spain, is also an area with a long mining history and excellent infrastructure. The Pan Global team comprises proven talent in exploration, discovery, development, and mine operations - all of which are committed to operating safely and with utmost respect for the environment and our partnered communities. The Company is a member, and operates under the principles, of the United Nations Global Compact.

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Parex Resources Webinar: Investor Update
Jan
22

Parex Resources Webinar: Investor Update

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Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The Company’s corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.

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Mayfair Gold - Vancouver, BC
Jan
21
to Jan 22

Mayfair Gold - Vancouver, BC

Mayfair Gold is focused on the advancement of its 100%-owned Fenn-Gib gold project in Ontario, Canada. Fenn-Gib is located 80km east of Timmins. Fenn-Gib hosts a 4.3 million-ounce indicated NI 43-101 open pit constrained mineral resource estimate. Located in the prolific Timmins gold district accessible by way of Highway 101, which runs right through the project, Mayfair is focused on utilizing existing access and infrastructure to advance the Fenn-Gib Gold project to production with discipline and efficacy with a commitment to safety, environmental stewardship and stakeholder engagement.

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Borealis Webinar: Investor Update
Jan
21

Borealis Webinar: Investor Update

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Borealis is a gold mining and exploration company focused on exploration and resumption of production of the Borealis Mine in Nevada and the advancement of its Sandman project also in Nevada. The Borealis Mine is a fully permitted mine site, equipped with active heap leach pads, an ADR facility, and all necessary infrastructure to support a heap leach gold mining operation. In addition to the mine, the property, comprised of 815 unpatented mining claims of approximately 20 acres each totaling approximately 16,300 acres and one unpatented mill site claim of about five acres located in western Nevada, is highly prospective for additional high-sulfidation gold mineralization. The Sandman project, recently acquired through the acquisition of Gold Bull Resources Inc., is an advanced exploration project with a recently completed (2021) NI 43-101 compliant resource and a recent (2023) Preliminary Economic Assessment which indicates compelling economics, particularly in light of the increase in commodity prices since publication of the study. Borealis is led by a strong board and management team, many of whom have founded, managed, and sold highly successful mining and exploration companies

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Banyan Gold Webinar: Investor Update
Jan
16

Banyan Gold Webinar: Investor Update

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Banyan’s Gold’s AurMac Project is located in Canada’s Yukon Territory. With a 2.3 million ounce Indicated Resource and 5.5 million Inferred Resource (updated July 2025*). Banyan’s exploration strategy is focused on expanding high-grade mineralization, converting inferred to indicated resources, and targeting a 5 million ounce+ gold inventory at >1 g/t — all supported by extensive drilling, strong infrastructure, and year-round access. Key catalysts include the 2026 40,000 m drill program, continued expansion of high-grade gold and silver zones and resource growth potential, the planned Preliminary Economic Assessment in late 2026, and district consolidation and discovery potential across under-explored land positions, generating significant news flow and value creation opportunities.

With roads and power, near-surface ounces, and significant grade and scale upside, AurMac’s growth potential is hard to ignore. Major strategic shareholders include Osisko Development, Alpayana SAC and significant insider ownership.

* Reference: effective June 28, 2025, prepared by Marc Jutras P.Eng, M.A.Sc., 0.30 g/t cut-off grade, US$/CAN$ exchange rate of 0.73 and constrained within an open-pit shell optimized with the Lerchs-Grossman algorithm to constrain the Mineral Resources.43-101 Technical filed on SEDAR+ August 20, 2025.

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Pine Cliff - Seattle, WA
Jan
15

Pine Cliff - Seattle, WA

Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF): 

📌 Shares Outstanding: 358.1M

📌 Market Cap: $229.44M

📌 Net Debt: $58.3MM

📌 Enterprise Value: $287.74M

📌 Current Production: 21,283 boepd

📌 2P NPV 10% 548.1M

📌 Tax Pools: $352M

📌 Insider Ownership: 17% FD, Institutional Ownership Over 10%

📌 Dividend Yield: 2.2% (recently cut by $75M)

 

Highlights:

✅ PNE has a low decline asset base of <10% with 79% levered to natural gas. Every $0.10 change in AECO equals $3.3M in cash flow.

✅ The Company is well positioned to benefit from rising natural gas demand, driven by LNG exports and power needs from AI data farms. AECO forward prices for 2026 and 2027 gas are in contango at ~$3.00/Mcf, which supports this thesis.

✅ We believe the basis differential to NYMEX will narrow in the coming future, as growing demand will outpace supply in the US, requiring more supply from Canada. In addition to increasing LNG demand in Canada.

✅ PNE has been very astute with their market diversification strategies allowing them to realize a natural gas price of $2.48Mcf (54% of their production hedged at this price for the 2H) vs. a summer price of $1.68/Mcf. They recently locked in 32% of 2026 production at $3.00/Mcf.

✅ PNE recently announced a behind-the-fence Data Centre in Central Alberta. PNE will provide 3.2-4.5MMCf/d with pricing tied to NYMEX.

✅ In addition to gas exposure, the company provides oil exposure in the Sundre and Drumheller area. Plans to spud their first Glauconite well this fall. Capex will be $23M on a base of $30M of cashflow - approximately 28% of cashflow. The company also provides a $0.00125/month dividend.

✅ With multiple catalysts on the horizon, positive tailwinds for natural gas and potential for exponential free cash flow, it is a great time to revisit this name.

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Leviathan Metals Webinar: Investor Update
Jan
14

Leviathan Metals Webinar: Investor Update

Join Adelaide Capital for a webinar featuring Leviathan Metals!

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Leviathan Metals is a dynamic Canadian-based mineral exploration company dedicated to unlocking the potential of high-impact copper, uranium, and polymetallic deposits in premier global jurisdictions. Formerly known as Leviathan Gold Ltd., our recent rebranding reflects a sharpened focus on multi-commodity exploration, driven by strategic acquisitions that position us at the forefront of emerging mining districts. With a seasoned team boasting deep expertise in the Balkan and African operating environments, we are committed to responsible exploration, community partnerships, and delivering shareholder value through systematic, modern discovery efforts. At the core of our portfolio are two flagship projects: the highly prospective Central Project in Botswana's world-class Kalahari Copper Belt and the groundbreaking Foča Project in Bosnia and Herzegovina's untapped Central Dinaride metallogenic zone. These assets not only highlight our strategic land positions but also underscore our ability to identify and advance tier-one opportunities in stable, mining-friendly regions.

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Mayfair Gold- Toronto, ON
Jan
13
to Jan 15

Mayfair Gold- Toronto, ON

Mayfair Gold is focused on the advancement of its 100%-owned Fenn-Gib gold project in Ontario, Canada. Fenn-Gib is located 80km east of Timmins. Fenn-Gib hosts a 4.3 million-ounce indicated NI 43-101 open pit constrained mineral resource estimate. Located in the prolific Timmins gold district accessible by way of Highway 101, which runs right through the project, Mayfair is focused on utilizing existing access and infrastructure to advance the Fenn-Gib Gold project to production with discipline and efficacy with a commitment to safety, environmental stewardship and stakeholder engagement.

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Pine Cliff - Vancouver, BC
Jan
13
to Jan 14

Pine Cliff - Vancouver, BC

Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF): 

📌 Shares Outstanding: 358.1M

📌 Market Cap: $229.44M

📌 Net Debt: $58.3MM

📌 Enterprise Value: $287.74M

📌 Current Production: 21,283 boepd

📌 2P NPV 10% 548.1M

📌 Tax Pools: $352M

📌 Insider Ownership: 17% FD, Institutional Ownership Over 10%

📌 Dividend Yield: 2.2% (recently cut by $75M)

 

Highlights:

✅ PNE has a low decline asset base of <10% with 79% levered to natural gas. Every $0.10 change in AECO equals $3.3M in cash flow.

✅ The Company is well positioned to benefit from rising natural gas demand, driven by LNG exports and power needs from AI data farms. AECO forward prices for 2026 and 2027 gas are in contango at ~$3.00/Mcf, which supports this thesis.

✅ We believe the basis differential to NYMEX will narrow in the coming future, as growing demand will outpace supply in the US, requiring more supply from Canada. In addition to increasing LNG demand in Canada.

✅ PNE has been very astute with their market diversification strategies allowing them to realize a natural gas price of $2.48Mcf (54% of their production hedged at this price for the 2H) vs. a summer price of $1.68/Mcf. They recently locked in 32% of 2026 production at $3.00/Mcf.

✅ PNE recently announced a behind-the-fence Data Centre in Central Alberta. PNE will provide 3.2-4.5MMCf/d with pricing tied to NYMEX.

✅ In addition to gas exposure, the company provides oil exposure in the Sundre and Drumheller area. Plans to spud their first Glauconite well this fall. Capex will be $23M on a base of $30M of cashflow - approximately 28% of cashflow. The company also provides a $0.00125/month dividend.

✅ With multiple catalysts on the horizon, positive tailwinds for natural gas and potential for exponential free cash flow, it is a great time to revisit this name.

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Pinnacle Silver &amp; Gold Webinar: Investor Update
Jan
12

Pinnacle Silver & Gold Webinar: Investor Update

Join Adelaide Capital for a webinar featuring Pinnacle Silver & Gold!

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Pinnacle is focused on the development of precious metals projects in the Americas. The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production. Our Mission is to increase shareholder value by getting into production as quickly as possible and building a producing precious metals mining company, by rapidly achieving positive cash flow while minimizing equity financings and shareholder dilution. The Pinnacle team operates with the highest level of integrity and professionalism possible while caring for all stakeholders, especially the communities we work in, and the environment around us. With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long-term, sustainable value for shareholders.

Catalysts:

  • Commencement of underground development to prepare for underground drilling and, ultimately, production

  • Drilling should commence in Q1 with assays released as we progress.  Note that this will be delineation drilling, not exploration, with short, closely spaced holes to determine size, shape and grade of mineralized zones

  • Follow up of new target areas identified by the recently completed LiDAR survey

  • Continued metallurgical testing

  • Continued advancement of permitting, especially for surface drilling 

  • Proposals for extending the powerline to the plant

  • Continued assay results from surface mapping

  • The timeframe is difficult to predict but there is always the possibility of another acquisition, from small, local projects that could be satellites to El Potrero right up to a larger stand-alone project as we continue to build the company.  EP is just the first step in that process

  • Advance discussions on production financing via an offtake agreement.

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Mayfair Gold Webinar: Investor Update
Jan
9

Mayfair Gold Webinar: Investor Update

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Mayfair Gold is focused on the advancement of its 100%-owned Fenn-Gib gold project in Ontario, Canada. Fenn-Gib is located 80km east of Timmins. Fenn-Gib hosts a 4.3 million-ounce indicated NI 43-101 open pit constrained mineral resource estimate. Located in the prolific Timmins gold district accessible by way of Highway 101, which runs right through the project, Mayfair is focused on utilizing existing access and infrastructure to advance the Fenn-Gib Gold project to production with discipline and efficacy with a commitment to safety, environmental stewardship and stakeholder engagement.

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Critical Elements Lithium Webinar: Investor Update
Jan
7

Critical Elements Lithium Webinar: Investor Update

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Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries. To this end, Critical Elements is advancing the wholly-owned, high-purity Rose Lithium-Tantalum project in Québec, the Corporation’s first lithium project to be advanced within a land portfolio of over 1,016 km2. On August 29, 2023, the Corporation announced results of a new Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 65.7%, with an estimated after-tax net present value of US$2.2B at an 8% discount rate. In the Corporation’s view, Québec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 94% hydroelectricity. The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government, received the Certificate of Authorization under the Environment Quality Act from the Québec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, and the project mining lease from the Québec Minister of Natural Resources and Forests under the Québec Mining Act .

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Sierra Madre Webinar: Investor Update
Dec
22

Sierra Madre Webinar: Investor Update

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Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) is a precious metals producer and exploration company focused on the Guitarra mine in the Temascaltepec mining district, Mexico, and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a permitted underground mine, which includes a 500 t/d processing facility that operated until mid-2018 and restarted commercial production in January 2025.

The +2,600 ha Tepic Project hosts low-sulphidation epithermal gold and silver mineralization with an existing historic resource.

Sierra Madre´s management team has played key roles in managing the exploration and development of silver and gold mineral reserves and mineral resources. Sierra Madre´s team of professionals has collectively raised over $1 billion for mining companies.

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Microbix Webinar: Investor Update
Dec
18

Microbix Webinar: Investor Update

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Microbix creates proprietary biological products for human health, with over 120 skilled employees and revenues of C$ 25.4 million in its latest fiscal year. It makes and exports a wide range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) and reference materials (QUANTDx™) supporting POCT & clinical lab EQA, enabling assay development and validation, or helping ensure the quality of clinical diagnostic workflows. Its antigens drive the tests of approximately 100 diagnostics makers, while QAPs or QUANTDx are sold to clinical lab accreditation organizations, diagnostics companies, and clinical labs. Microbix QAPs are now available in over 30 countries, supported by a network of international distributors. Microbix is ISO 9001 & 13485 accredited, U.S. FDA registered, Australian TGA registered, Health Canada establishment licensed, and provides IVDR-compliant CE marked products.

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Newcore Gold Webinar: Investor Update
Dec
17

Newcore Gold Webinar: Investor Update

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Newcore Gold is advancing the Enchi Gold Project in southwest Ghana. The project’s 248 sq km land package covers 40 kms of Ghana’s Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold mines. A PEA completed in 2024 highlighted the robust economics of developing an open pit, heap leach mine at Enchi, with low capital intensity and strong leverage to the gold price. Enchi’s longer-term potential benefits from the district-scale exploration opportunity that is largely underexplored to date with both resource growth potential along strike and at depth. Newcore’s top-tier leadership is aligned with shareholders through their 15% equity ownership, and the Company has strong institutional investor support with ~55% ownership. A 45,000-metre drill program is underway with a focus on resource conversion and growth as we complete technical work required to advance the Enchi Gold Project towards a Pre-Feasibility Study in H1 2026.

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Tantalus Systems Webinar: Investor Update
Dec
16

Tantalus Systems Webinar: Investor Update

Join Adelaide Capital for a webinar featuring Tantalus Systems!

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Andrew Mitchell, Director of Utility Solutions at Tantalus, will demonstrate how the Tantalus Grid Modernization Platform (TGMP) empowers utilities to monitor network performance, resolve customer issues faster, and safeguard critical infrastructure. Through TRUConnect dashboards, advanced power quality analytics, and TRUSense transformer monitoring, attendees will see how data-driven insights translate into greater reliability, efficiency and resilience. The session will include Q&A with Andrew and Peter Londa, President & CEO. Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. The Company offers a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Their solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. All their technology is grounded in a data-centric approach that is designed to help utilities find the most cost-effective path to grid modernization with the least risk. Ultimately, the Company delivers Unified Intelligence to utilities, so they can leverage data and insights across their entire grid, no matter what devices, systems or vendors they choose to work with. Learn more at http://www.tantalus.com.

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Dolly Varden Silver Corporation  Webinar: Investor Update
Dec
16

Dolly Varden Silver Corporation Webinar: Investor Update

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Dolly Varden Silver Corporation is a mineral exploration company focused on advancing its 100% held Kitsault Valley Project (which combines the Dolly Varden Project and the Homestake Ridge Project) located in the Golden Triangle of British Columbia, Canada, 25kms by road to tide water. Including the Kitsault Valley Project, the Company has consolidated approximately 100,000Ha of prospective tenure in the Golden Triangle with 5 past producing high-grade silver mines including Dolly Varden, Torbrit, Porter Idaho, Mountain Boy and Esperanza historic mines. The 163 sq. km. Kitsault Valley Project hosts the high-grade silver and gold resources of Dolly Varden and Homestake Ridge along with the past producing Dolly Varden and Torbrit silver mines. It is considered to be prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other, on-trend, high-grade deposits, such as Eskay Creek and Brucejack. The Kitsault Valley Project also contains the Big Bulk property which is prospective for porphyry and skarn style copper and gold mineralization, similar to other such deposits in the region (Red Mountain, KSM, Red Chris).

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GoldQuest Mining Webinar: Investor Update
Dec
16

GoldQuest Mining Webinar: Investor Update

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GoldQuest Mining is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. With a Board and Management Team that have previously developed a mine still operating in the country. The Company is well funded to carry out its exploration programs and to advance the development of its Romero gold/copper discovery, also located in the Tireo Formation of the Dominican Republic.

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ATEX Resources Webinar: Investor Update
Dec
16

ATEX Resources Webinar: Investor Update

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ATEX is exploring the Valeriano Copper-Gold Project which is located within the emerging copper gold porphyry mineral belt linking the prolific El Indio High-Sulphidation Belt to the south with the Maricunga Gold Porphyry Belt to the north, located in the Atacama Region, Chile. This emerging belt, informally referred to as the Link Belt, hosts several copper gold porphyry deposits at various stages of development including, Filo del Sol (Lundin Mining/BHP), Josemaria (Lundin Mining/BHP), Lunahausi (NGEx Minerals), La Fortuna (Teck Resources/Newmont) and El Encierro (Antofagasta/Barrick). Valeriano hosts a large, high-grade, copper-gold porphyry Mineral Resource: an Indicated Resource of 475 Mt at 0.88% CuEq (0.58% Cu, 0.25 g/t Au, 1.39 g/t Ag and 70.4 g/t Mo) at a cutoff grade of 0.35% Cu, and an Inferred resource of 1,511 Mt at 0.75% CuEq (0.50% Cu, 0.20 g/t Au, 1.16 g/t Ag and 70.6 g/t Mo) at a cut-off grade of 0.35% Cu, as reported on September 23, 2025.

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Revival Gold Webinar: Investor Update
Dec
15

Revival Gold Webinar: Investor Update

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Revival Gold is a pure gold, mine developer operating in the western United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. The Company is headquartered in Toronto, Canada, with its exploration and development office located in Salmon, Idaho.

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Rubellite Webinar: Investor Update
Dec
15

Rubellite Webinar: Investor Update

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Rubellite is a Canadian energy company headquartered in Calgary, Alberta which, through its operating subsidiary, Rubellite Energy Inc. is engaged in the exploration, development, production and marketing of its diversified asset portfolio which includes heavy crude oil from the Clearwater and Mannville Stack Formations in Eastern Alberta utilizing multi-lateral drilling technology, liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, and undeveloped bitumen leases in Northern Alberta. The Company is pursuing a robust organic growth plan focused on superior corporate returns and funds flow generation while maintaining a conservative capital structure and prioritizing operational excellence.

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1911 Gold Webinar: Investor Update
Dec
10

1911 Gold Webinar: Investor Update

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1911 Gold is a junior explorer and developer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns the True North mine and mill complex at Bissett, Manitoba. 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario, and intends to focus on organic growth and accretive acquisition opportunities in North America. 1911 Gold’s True North complex and the exploration land package are located within and among the First Nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, cooperative, and respectful communications with all of our local communities and stakeholders to foster mutually beneficial working relationships.

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Flagship Communities REIT - Ottawa, ON
Dec
9

Flagship Communities REIT - Ottawa, ON

 Flagship Communities REIT:

Ticker: MHC.UN

Stock Price: C$25.91/ US$18.69

Dividend Yield: 3.35%

Flagship Communities is the only Canadian pure-play on US Manufactured Housing Communities “MHC’s.” The REIT owns and operates a high-quality portfolio of 81 income-producing manufactured housing communities ("MHC") comprising 15,066 lots, located in attractive Midwest U.S. markets. The REIT is positioned as a consolidator in the fragmented MHC industry. Also the MHC environment looks quite attractive given there is limited new supply and home ownership costs having risen considerably leading to greater home unaffordability, thus, demand for MHCs remains quite strong and Flagship gas been outperforming it’s US peers!  Another positive is that management is committed with a 25% stake!

Flagship Communities is the only pure-play MHC REIT listed in Canada. Flagship completed its IPO in October 2020, and its portfolio consists of 82 manufactured housing communities, comprising 15,137 lots located in Arkansas, Kentucky, Indiana, Ohio, Tennessee, Illinois and Missouri, West Virginia. 

Experienced and aligned internal management team. Flagship was co-founded by CEO Kurt Keeney and CIO Nathan Smith in 1995. Since then, they have actively grown the portfolio, increasing lot count from 152 in 1995 to 15,137 currently. Flagship’s management collectively owns ~25% of the REIT, resulting in strong alignment with unitholders. 

Fragmented industry. The MHC industry is highly fragmented, and therefore there is the opportunity to continue consolidating properties in the REIT’s target markets. With properties available at cap rates from 4-8% and mortgage debt available at ~5-6%, returns on acquisitions can be highly accretive.

 Strong market fundamentals should allow for continued healthy internal growth. Since 2021, Flagship has grown total portfolio rental rates and occupancy by 25%. In 2024, Flagship generated internal growth of 14.6%.

Commitment to dividend growth - the Board of Trustees recently approved a 5.4% increase to the monthly distribution (to an annualized rate of US$0.654 per unit) effective November 17, 2025. This represents the fifth consecutive annual increase to the distribution and the greatest increase so far, highlighting the REIT’s cash flow growth over the past year, and prospects for continued growth.

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Integra Resources Webinar: Investor Update
Dec
9

Integra Resources Webinar: Investor Update

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Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho and the Nevada North Project located in western Nevada. Integra creates sustainable value for shareholders, stakeholders, and local communities through successful mining operations, efficient project development, disciplined capital allocation, and strategic M&A, while upholding the highest industry standards for environmental, social, and governance practices.

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American Tungsten Webinar: Investor Update
Dec
8

American Tungsten Webinar: Investor Update

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American Tungsten is a Canadian exploration company focused on high-potential tungsten and magnetite assets in North America. The Company is advancing the Ima Mine Project in Idaho to commercial production, addressing critical metal scarcity in North America. The Company’s Ima Mine Project is a historic and high-quality underground tungsten past-producing property on private-patented land well above the water table with significant infrastructure. The Company holds an exclusive option to acquire full ownership (subject to a 2% royalty) and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres.

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Santacruz Silver Webinar: Q3 2025 Results
Dec
5

Santacruz Silver Webinar: Q3 2025 Results

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Santacruz Silver is engaged in the operation, acquisition, exploration, and development of mineral properties across Latin America. In Bolivia, the Company operates the Bolivar, Porco, and Caballo Blanco mining complexes, with Caballo Blanco comprising the Tres Amigos and Colquechaquita mines. The Reserva mine, whose production is provided to the San Lucas ore sourcing and trading business, is also located in Bolivia. Additionally, the Company oversees the Soracaya exploration project. In Mexico, Santacruz operates the Zimapán mine.

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Pine Cliff - Toronto, ON
Dec
4

Pine Cliff - Toronto, ON

Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF): 

📌 Shares Outstanding: 358.1M

📌 Market Cap: $229.44M

📌 Net Debt: $58.3MM

📌 Enterprise Value: $287.74M

📌 Current Production: 21,283 boepd

📌 2P NPV 10% 548.1M

📌 Tax Pools: $352M

📌 Insider Ownership: 17% FD, Institutional Ownership Over 10%

📌 Dividend Yield: 2.2% (recently cut by $75M)

 

Highlights:

✅ PNE has a low decline asset base of <10% with 79% levered to natural gas. Every $0.10 change in AECO equals $3.3M in cash flow.

✅ The Company is well positioned to benefit from rising natural gas demand, driven by LNG exports and power needs from AI data farms. AECO forward prices for 2026 and 2027 gas are in contango at ~$3.00/Mcf, which supports this thesis.

✅ We believe the basis differential to NYMEX will narrow in the coming future, as growing demand will outpace supply in the US, requiring more supply from Canada. In addition to increasing LNG demand in Canada.

✅ PNE has been very astute with their market diversification strategies allowing them to realize a natural gas price of $2.48Mcf (54% of their production hedged at this price for the 2H) vs. a summer price of $1.68/Mcf. They recently locked in 32% of 2026 production at $3.00/Mcf.

✅ PNE recently announced a behind-the-fence Data Centre in Central Alberta. PNE will provide 3.2-4.5MMCf/d with pricing tied to NYMEX.

✅ In addition to gas exposure, the company provides oil exposure in the Sundre and Drumheller area. Plans to spud their first Glauconite well this fall. Capex will be $23M on a base of $30M of cashflow - approximately 28% of cashflow. The company also provides a $0.00125/month dividend.

✅ With multiple catalysts on the horizon, positive tailwinds for natural gas and potential for exponential free cash flow, it is a great time to revisit this name.

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Journey Energy - Vancouver, BC
Dec
2
to Dec 3

Journey Energy - Vancouver, BC

Journey Energy (TSX: JOY, OTCQX: JRNGF):

  • Shares O/S FD – FD 69.5MM

  • Market Cap ~$279.16MM

  • Net debt - ~$47.2MM

  • EV ~ $326.36MM

  • AVG daily trading volume 110k/shares

  • $38M of convertible debentures with a strike price of $5.00

Key Highlights:

📌 Journey came out of the downturn with excessive leverage, but a great low decline asset base of 13%.

📌 The company made a key acquisition in Medicine Hat of low decline assets with 34 undrilled locations with an active polymer flood, and has recently drilled eight successful wells.

📌 Q3 was a solid beat, reducing net debt and increasing cash flow and production (see new guidance below)

📌 JV with Spartan Delta on 128 sections in the Duvernay.  JOY 30% and SDE 70%. These 128 sections have a pay thickness between 30-40M, the sweet spot of the Duvernay 9 wells drilled and completed, ahead of schedule, producing above expectations.

📌 JOY recently secured an a RBL from a major bank of $55M (undrawn) to support their portion of Duvernay drilling, which should be self-funding by 2027.

📌 The company has 1BBOIP booked only at 5% recovery factor with 254 net locations identified and a PDP NPV10 value of $350M. Most of their peers trade above PDP value. Including nothing for the Duvernay.

📌 Significant insider buying by the CEO and board of directors of> 1.5MM shares

📌 Ownership is between is > than 30% by insiders, Aimco and other institutions.

📌 Tax pools of $675M.

Forecast for 2025:

▫️ Production -11,200 BOEPD

▫️ Capex $ 54M

▫️ CFPS $1.04 per share

▫️ Main Catalyst will be Duvernay wells and Gilby power plant coming online in Q1 2026.

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Maple Gold Mines - Toronto, ON
Dec
2

Maple Gold Mines - Toronto, ON

Maple Gold Mines is a Canadian advanced exploration company focused on advancing its 100%-owned, district-scale Douay/Joutel Gold Project located in Québec's prolific Abitibi Greenstone Gold Belt. Douay/Joutel benefits from exceptional infrastructure access and boasts ~400 km2 of highly prospective ground including an established gold mineral resource at Douay with significant expansion potential as well as the past-producing Telbel and Eagle West mines at Joutel. In addition, the Company holds an exclusive option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel Mining Complex.

Maple Gold's property package also hosts a significant number of regional exploration targets along a 55-km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the property ripe for new gold and polymetallic discoveries. The Company is currently focused on carrying out exploration and drill programs to grow mineral resources and make discoveries to establish an exciting new gold district in the heart of the Abitibi.

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Xali Gold Webinar Investor Update
Nov
26

Xali Gold Webinar Investor Update

Join Adelaide Capital for Xali Gold Investor Update Webinar!

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Xali Gold is a gold and silver exploration company focused on advancing opportunities in the Americas. The Company is focused on the advanced stage Pico Machay Gold Project in central Peru that has a near-term production goal. Xali Gold maintains exploration potential as well as two royalty agreements with third parties who have the rights to produce gold and silver from specific areas of the El Oro gold-silver Project in Mexico, a historic district-scale system with a long history of significant gold and silver production.

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