The KE Report

• Heliostar Metals - Exploration and Production Update: La Colorada Drill Results, Q1 Operational Strength

  Charles Funk, President and CEO of Heliostar Metals (TSX.V:HSTR - OTCQX:HSTXF - FRA: RGG1), returns to the KE Report to discuss the latest drill results from the La Colorada Mine, Q1 production performance, and what’s next for the company’s growth strategy.   The May 15th drill results from the 16,000+ meter program at La Colorada included a highlight intercept of 56m at 2.88 g/t gold, supporting both near-term open-pit expansion and longer-term underground potential. Charles outlines how the company has rapidly transitioned La Colorada from care-and-maintenance to a 6.5-year mine life, with a mid-year technical report coming.   The conversation also covers: Strong Q1 cash generation: Ended Q1 with $27 million in the bank, no debt, with ~$13 million from operations alone Lower-than-expected Q1 costs Development timelines and cash flow projections to help self-fund the Ana Paula build in 2028 Updates on the 15,000-meter drill program at Ana Paula, with results expected by mid-year   Charles emphasizes that current operations are performing ahead of schedule and under budget, while upcoming catalysts from both La Colorada and Ana Paula.   Please email me at [email protected] with any follow up questions for Charles.    Click here to visit the Heliostar Metals website to learn more about the Company.

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• Red Canyon Resources - Exploration Update: A Portfolio Of Copper-Gold Assets In BC and The Western US

  Red Canyon Resources (CSE:REDC - OTCQB:REDRF) is advancing a portfolio of 8 100%-owned copper and copper-gold projects across British Columbia and the Western U.S.   Wendell Zerb, Chairman and CEO of Red Canyon Resources, returns for a full company update and strategic overview. With active field programs underway and recent discoveries showing promise, Wendell outlines how the company is targeting tier-one copper systems in proven belts across North America.   Interview Highlights: Corporate Strategy: Red Canyon is focused on making large-scale discoveries with a technically strong team operating under the NewQuest Capital Group umbrella. Key Projects: Kendall Project (BC): First-ever drilling hit copper-moly-gold mineralization in all holes. A 2,500m drill program is planned this year to vector into potential high-grade zones. Inzana Project (BC): Historic drilling from 1991 intersected strong copper-gold values; further groundwork and potential drilling are planned for late 2025 or early 2026. Scraper Springs (Nevada): A large alteration footprint and geophysical data support a tier-one copper target. The project is drill-ready and being evaluated for a possible partner-funded program. Market Outlook: Wendell shares his view on the disconnect between strong copper prices and the lack of investor flow into juniors, arguing that M&A activity and major producer strength will eventually trickle down. For more information, visit Red Canyon Resources Website

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• District Metals - $6M Financing Fully Subscribed, Strategic Focus on Swedish Uranium Projects

  District Metals (TSX.V:DMX - OTCQB:DMXCF - Nasdaq First North:DMXSE SDB) has secured its largest financing to date - a fully subscribed $6 million private placement, priced at $0.27 per share under the LIFE (Listed Issuer Financing Exemption) offering.   President and CEO Garrett Ainsworth joins me to provide insights into the raise, investor interest, and how this funding strengthens District’s position heading into a critical phase of uranium exploration in Sweden.   Key topics discussed include: The strategic nature of the raise, with ~$3M coming from a well-known but undisclosed investor group and the rest from Swedish family offices and funds. The financing’s objective to expand the Nasdaq shareholder base and support near-term exploration across five Swedish uranium properties. Details on upcoming airborne geophysical and radiometric surveys, and the news flow expected this summer. Commentary on the pending judicial review and September vote to lift Sweden’s uranium moratorium. Market reaction and strong demand: the financing was oversubscribed with $9M in interest and no warrants attached. Recap of the recent Viken resource estimate, the second-largest uranium resource globally. Upcoming catalyst: Judicial review of uranium moratorium legislation expected in May; Swedish Parliament vote in September 2025, airborne geophysics on the uranium projects.  Click here to visit the District Metals Website

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• Exploits Discovery - Hawkins Property Acquisition, Ontario, and Newfoundland Exploration Strategy

  A strategic pivot expands Exploits Discovery’s footprint into Ontario, while exploration and discovery efforts continue in Newfoundland.   In this company update, we reconnect with Jeff Swinoga, President and CEO of Exploits Discovery (CSE:NFLD - OCTQB:NFLDF - FSE:634), to discuss a major new development: the company’s option agreement on the Hawkins Gold Project in Ontario, including the McKinnon Zone, which hosts a historic over 328,000 oz gold resource, published by another company in 2020.    Jeff outlines the significance of this deal, including: The potential to grow the McKinnon Zone to 1Moz+ through targeted drilling at depth and along strike. How the Hawkins Project’s geological similarities to the Hemlo deposit and its 60 km strike length present long-term growth opportunities. The strategy behind balancing this new Ontario asset with ongoing work at the Bullseye and Gazeebow South projects in Newfoundland - including follow-up on two gold zones at Bullseye and promising till sample results at Gazeebow. Jeff also discusses how the company is leveraging its strong cash position and technical review process to evaluate other growth assets and continue to advance the projects in Newfoundland and Ontario.   Visit Exploits Discovery's website: https://exploitsdiscovery.com Questions for Jeff? Email: [email protected]

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• Premium Resources - Advancing 2 Past Producing High-Grade Copper-Nickel-Cobalt Projects in Botswana

  Morgan Lekstrom, CEO of Premium Resources (TSX.V:PREM), outlines how the company is unlocking value from two past-producing, high-grade critical metal assets in Botswana.   In this KE Report company introduction, we feature Premium Resources as it advances the Selkirk open-pit and Selebi underground Projects, both with a history of production.    Morgan highlights why Botswana is a top-tier jurisdiction for mining, detailing the company’s aggressive strategy to scale up both assets through expansion drilling, re-assays, metallurgy, and parallel economic studies.   The Selebi Project hosts 30Mt @ 3.35% CuEq underground, while Selkirk is undergoing a low-cost re-assay campaign aimed at validating a historic 130Mt+ resource.    With over $46M recently raised and debt eliminated via equity conversion with major shareholder EdgePoint, Premium is fully funded to aggressively advance both projects in tandem.   Morgan also discusses the company’s upcoming uplisting to the Nasdaq, a key strategic move to broaden institutional access and increase liquidity. He introduces members of the team and board, including recent additions with experience at BlackRock, Gatos Silver, and Freeport-McMoRan.   Upcoming news flow includes drilling, resource updates, metallurgical work, and early-stage economics through 2025.   Any follow up questions for Morgan? Please comment below or email me directly at [email protected].    Click here to visit the Premium Resources website.

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