Roger Rosmus, Founder, CEO, & Director of Goliath Resources (TSX.V: GOT) (OTCQB: GOTRF), joins me to discuss the first drill hole of the 2024 exploration program intersecting a new deep zone at Surebet, called the “Mothership Feeder Zone.” This hole contains abundant visible gold and strong sulphide mineralization in quartz breccia at 648 meters downhole and 125 meters in elevation above the valley floor from GD-24-235. This hole kicks off the 15,000 meter drill program with a proposed 62 holes from 22 drill pad locations with up to three diamond drill rigs, across the 10 gold veins delineated at the Golddigger Property, located in the Golden Triangle, British Columbia.

We start off getting the key takeaways from this new zone, which was intercepted below the Bonanza Shear Zone but above the Golden Gate Zone, and that this new discovery of a 24.4 meter porphyritic intrusion between 529.29 – 553.67 meters downhole containing veins with abundant visible gold, molybdenite up to 2 mm in size and bismuth indicates increased confidence in the proximity of the feeder source of the Surebet system that remains wide open. Additionally, we discuss that this higher molybdenum and bismuth pathfinder minerals is sloping down towards the direction of the Jackpot Zone, about 1 km away, that has shear-hosted quartz-sulphide veins with higher copper values. Wrapping up Roger shares where some of the next holes are being drilled, and some of the other objectives from this year’s exploration program, and the steady stream of news on tap for the balance of this year.

If you have any questions for Roger about Goliath Resources, then please email me at Shad@kereport.com and we’ll get those answered or covered in a future interviews.

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

Click here to view the graphics on the YouTube version of this interview

Click here to follow along with the latest news from Goliath Resources

Dave Erfle, Editor of The Junior Miner Junky joins us to discuss the recent all-time highs in gold prices and the resurgence in silver prices. With gold closing at record highs last week and continuing to rise, and silver returning above $31, the discussion covers the implications for mining stocks and the general market.

Dave provides insights on the earnings season for major gold miners, starting with Newmont's Q2 results, and explores market dynamics, including fund manager strategies, M&A activity, and the potential influx of generalist investors into the gold and silver sectors.

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.

Emanuel Proença, CEO of Savannah Resources (AIM: SAV, FWB: SAV and SWB: SAV) joins me to introduce the Company and the Barroso Lithium Project in Portugal. The Company claims this Project continues the largest spodumene lithium deposit in Europe.

Emanuel and I discuss the Project's background, extensive historical work, and the roadmap to production by the end of 2026. We delve into key project details, including a scoping study from 2023, the overall resource size, partnership with AMG Critical Materials N.V. Group, and the work needed to advance to construction.

If you have any follow up questions for Emanuel or would like more details on any part of the asset please email me at Fleck@kereport.com.

Click here to visit the Savannah Resources website to learn more about the Company.

Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins me to unpack a few recent news releases on the key takeaways from the Q2 2024 operations at the San Albino Mine in Nicaragua, a recap of recent exploration results from Las Conchitas, the approval of their Environmental Impact Assessment in Nicaragua, and the completion of the acquisition of Goldsource Mines in Guyana.

We start off with the key takeaways from the Q2 operations update, with another record quarter from its San Albino Gold Mine, which is the 3rd year of production results since declaring commercial production on July 1st, 2021.

Q2 2024 Operational Highlights:

• Record 59,549 tonnes mined containing 14,855 ounces of gold ("oz Au") at an average grade of 7.76 grams per tonne gold ("g/t Au") and 20,970 ounces of silver ("oz Ag") of 10.95 grams per tonne silver ("g/t Ag")
• 52,681 tonnes milled containing 14,888 oz Au at an average grade of 8.79 g/t Au and 19,953 oz Ag at 11.78 g/t Ag
• 12,206 oz Au recovered and 12,313 oz Au sold during the quarter
• Delivered 40,500 oz of silver on the Sailfish Silver Loan for a total of US$ 1.1 million during Q2 2024
• NCIB share repurchases of CAD$3.4 million shares equating to 1 million shares at an average price of CAD$3.38 /share in Q2 2024
• Exploration Expenses of US$ 1.6 million in Q2 2024
• Cash Balance of aprox. US$ 6.7 million and Gold in Sales Receivable of US$3.2 million as of June 30th, 2024, an increase of US$ 2.4 million from Q1 2024

Then we get an update on this year’s ongoing exploration strategy at San Albino, Las Conchitas, and other regional targets. We noted a recent new release from July 10th highlighting the recent exploration results from the ongoing reverse circulation (RC) expansion drill program, from 3 of the 4 principal zones within the southern portion of Las Conchitas: El Limon, Mango and Las Dolores.

Las Dolores Highlights:

• • 37.80 g/t Au and 50.0 g/t Ag over 3.0m - (2.8m Estimated True Width -ETW)
  • 34.10 g/t Au and 29.4 g/t Ag over 1.0m - (0.9m ETW)
  • 16.77 g/t Au and 32.5 g/t Ag over 2.0m - (2.0m ETW)
  • 16.56 g/t Au and 12.8 g/t Ag over 2.0m - (1.9m ETW)

El Limon and Mango Highlights:

• • 11.25 g/t Au and 18.3 g/t Ag over 3.0m - (3.0m ETW)
  • 9.83 g/t Au and 20.4 g/t Ag over 4.0m - (4.0m ETW)

We wrap up reviewing that the Las Conchitas EIA was recently approved and certified, although the Company continued to operate as usual with the bulk sample permit obtained last year. Exploration has ramped up at site, as noted by these first results, but there will be many more expansion drill results that get released to the market as the assays come in over the next 2 months. Cash is building on the balance sheet as the company prepare to begin advancing the newly acquired Eagle Mountain Gold Project in Guyana.

If you have any further questions for Akiba regarding Mako Mining, then please email me at Shad@kereport.com.

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

Click here for a summary of the recent news out of Mako Mining.

Craig Hemke, Editor of TF Metals Report joins us to recap the moves in gold, silver and the underlying stocks last week. He also updated us on the surge in open interest seen on last week’s Commitment of Traders (CoT) Report.

We discuss the catalyst behind these movements, focusing on inflation data and market expectations of a Fed rate cut. Craig analyzes weekly trading patterns, rate cut expectations, and the effects on gold and silver prices. Also looking to the CoT reports Craig looks back to earlier in the year when open interest increased and what followed in terms of metal price moves.

Click here to visit Craig’s website - TF Metals Report

Brett Heath, President and CEO of Metalla Royalty & Streaming (TSX.V:MTA & NYSE:MTA) joins me to discuss the milestone achieved with the first gold production at the Tocantinzinho (TZ) Gold Project in Brazil. Brett shares insights into the acquisition, development, and future prospects of this significant asset within Metalla’s portfolio. I also have Brett outline the potential cash-flow that will be generated from this royalty.

The Company also published its inaugural Asset Handbook today. Brett gives a quick overview of what investors should note when reading over it.

Click here to visit the Metalla website to read over the inaugural Asset Handbook.

Welcome to The KE Report Weekend Show! On the show this week we balance out analysis on recent economic data with sector specific market moves and investment opportunities.

• Segment 1 and 2 - Peter Boockvar, Chief Investment Officer Bleakley Financial Group and Editor of The Boock Report on Substack kicks off the show with Peter sharing his insights into the current state of the economy, discussing key indicators, consumer behavior, and the potential impacts of anticipated Fed rate cuts. We explore equity market performance, AI investments, and his outlook for gold miners.

• Click here to follow Peter at The Boock Report.

• Segment 3 and 4 - Dana Lyons, Fund Manager and Editor of The Lyons Share Pro wraps up the show strictlying looking at the markets. We discuss market reactions to recent lower-than-expected inflation data and the performance of lagging sectors like small caps. Dana also provides insights into the bond market, sector performance in utilities and REITs, and the strong showing of precious metals. We wrap up with a look at the latest trends in Bitcoin and Ethereum

• Click here to visit the Lyons share Pro website and learn more about Dana’s investment services.

Will Robinson, VP of Exploration at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review some of the recent wide intercept high-grade gold drill results returned from the North Austin Zone, and to discuss the strategy around trial mining at the Madsen Gold Project, in the Red Lake district of Ontario, Canada.

We started off having Will share the main takeaways from the news release July 9th, about these assay results drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. This program was designed to expand the North Austin zone down-plunge and to the northeast.

• Drill Hole # MM24X-03-5195-018 Intersected 10 meters @ 13.40 grams per tonne gold (“g/t Au”), from 82m to 92m, Including 1.0 meter @ 17.75 g/t Au, from 82m to 83m, also Including 1.0 meter @ 85.61 g/t Au, from 88.31m to 89.31m, also Including 1.0 meter @ 14.05 g/t Au, from 89.31m to 90.31m.
• Drill Hole # MM24X-03-5127-012 Intersected 3 meters @ 12.21 g/t Au, from 58m to 61m, Including 1m @ 32.84 g/t Au, from 60m to 61m.
• Drill Hole # MM24X-03-5195-015 Intersected 16.98 meters @ 3.12 g/t Au, from 82m to 92m, Including 0.98m @ 11.78 g/t Au, from 72.52m to 73.50m, also Including 1.0m @ 14.69 g/t Au, from 74.45m to 75.45m, also Including 0.79m @ 15.60 g/t Au, from 87.21m to 88.00m.

Next we discussed how the exploration strategy at Madsen has been focused at the North Austin Zone, the Main Austin Zone, and the South Austin Zone because it is the ideal mineralized area to exploit in a mining restart scenario in the second half of 2025. Will shares the main objectives of the trial mining, the confidence they will gain in the grade continuity, and how it will further derisk things for moving into actual mining next year. We also review the potential at depth at Madsen with both the South Austin Zone still open, and then some underground drilling work planned for this Q4 at the 8-Zone, underneath the McVeigh Zone. Underground drilling of these targets will allow the exploration team to follow up on these areas with more accuracy, and much more efficient holes, than trying to drill from surface as prior operators had done. There will also be a lot of regional exploration work and metallurgical testing completed at the Madsen Gold Project this year, further derisking and delineating the project, to optimize a potential mine restart next year.

If you have any follow up questions for the team over at West Red Lake Gold please email us at Fleck@kereport.com and Shad@kereport.com.

• In full disclosure, Shad is a shareholder of West Red Lake Gold Mines at the time of this recording.

Click here to visit the West Red Lake Gold website and read over the recent news we discussed.