The KE Report

Scott Emerson, President and CEO of Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) joins me to review the key drill targets and exploration initiatives at their 2 silver and gold projects, Las Coloradas and Almoloya, located in the Parral District, in Chihuahua, Mexico.

 

We start off with Scott reviewing the 3,300-meter maiden reconnaissance drill program in 2025; with 12 holes that encountered broad intercepts and contained pockets of high-grade silver and gold mineralization for follow-up drilling around the historic Mine Target and DBD Target.  

 

The company has raised capital to go after a 15,000 meter follow-up program at both their Las Coloradas Project and initial drilling at the Almoloya Gold/Silver Project. At this point, about ¾ of the drilling will be stepping out and going deeper across Las Coloradas, while also testing a few compelling regional targets. Then there are 2 historic mine areas at Almoloya, with much different geology that will be drilled.

 

 Las Coloradas High-Grade Silver Project

 

Step-out and deeper drilling planned on the high-grade Soledad and Soledad II vein systems, following up around the Mine and DBD zones

Approximately 700 metres of the Soledad structure remains to be tested

New priority regional drill targets emerging at Saddle, Silvia, Leona, and La Plata zones

Multiple large-scale, largely untested targets highlight district-scale discovery potential at Las Coloradas

 

Almoloya Gold/Silver Project

 

Initial diamond drilling planned on the gold-rich Juliettas structures

District-scale CRD and oxide potential identified at Cigarrero Mine área

 

Wrapping up Scott highlights the financial health of the company, the closing of the upsized bought deal financing in January, continued support from key stakeholders, the pattern of raising money at higher and higher valuations, the ability of in-the-money warrants to potentially bring in more funds.  Scott reiterated that the future value creation will be determined with the drill bit, and the Company is cashed up well to execute on this exploration program, and will remain drilling for the balance of this year.

 

 

If you have any questions for Scott regarding Kingsmen Resources, then please email those to me at [email protected].

 

Click here to follow the latest news from Kingsmen Resources

 

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Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this episode, we are joined by Anthony Margarit, President and CEO of K2 Gold (TSX-V: KTO | OTCQB: KTGDF | FRA: 23K), to discuss a transformative milestone for the company. Following the receipt of a positive Record of Decision for exploration drilling at the Mojave Project in California, K2 Gold is officially moving back into the field.

Discussion Highlights:

15,000-Meter Drill Strategy: Anthony details the expansive drill program over 4 major target areas..

Targeting High-Grade Mineralization: A look at the historical results that underpin the current strategy, including previous intercepts of 86.9m at 4 g/t Gold at the Dragonfly target and exceptional silver grades at Morning Star.

Strategic Phasing and Execution: The team is utilizing a phased 5,000-meter block approach to optimize results, allowing for real-time adjustments based on assay data and structural insights.

Financial Strength and Market Sentiment: With a treasury exceeding $30 million, K2 Gold is fully funded for its exploration plans as it seeks to expand known zones and test new discovery targets.

 

If you have any follow up questions for Anthony please comment below or email me at [email protected]. 

 

Click here to visit the K2 Gold website.

 

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For more market commentary & interview summaries, subscribe to our Substacks: 

The KE Report: https://kereport.substack.com/ 

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Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this Company Update, we are joined by Colin Padget, President and CEO of Founders Metals (TSX.V:FDR - OTC:FDMIF - FSE:9DL0). Colin provides an in-depth look at the ongoing exploration at the Antino Project in Suriname, following the company’s recent addition to the GDXJ index and the 70,000-meter drill program for 2026.

Discussion Highlights:

Antino North Discovery: Colin breaks down the significance of the first-ever drill hole in the Antino North area, which returned 17.31 g/t gold over 3.6 meters starting from surface. 

Aggressive Expansion: With two rigs currently active at Antino North, the company is testing a 5km-scale auger anomaly and a series of 12 gold-bearing structures that mirror the geology of the main Antino system.

Lower Antino Upgrades: An overview of the progress at Lower Antino, where recent drilling intersected 65.9m of 1.16 g/t gold. Colin discusses the strategy for connecting this area with Upper Antino.

 

If you have any follow up questions or topic you would like Colin to address please email me at [email protected]. 

 

Click here to visit the Founders Metals website - https://www.fdrmetals.com/

 

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For more market commentary & interview summaries, subscribe to our Substacks: 

The KE Report: https://kereport.substack.com/ 

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

John Rubino, [Substack https://rubino.substack.com/ ], joins us for another wide-ranging discussion around the geopolitical uncertainties and macroeconomic catalysts that are leading to volatility in oil, the energy sector, uranium, gold, silver, and the related resource stocks.

 

We start off reviewing the volatility and recent extreme surge higher in oil prices due to the continued conflict and uncertainty around the war in the Middle East.

 

News of the ceasefire may send oil prices lower in the near-term, but John points out it is unlikely we’ll see oil prices go all the way back down to where they were several months ago. There has been too much infrastructure damaged through all the bombing campaigns from both sides of the conflict for a snapback supply response.

Oil company margins, will remain elevated even if oil pulls back down into the low $90s or $80s or even $70s.

Headline driven dramatic pullbacks in oil company prices could be a good entry point for medium-term accumulation; especially if it is a dividend-paying stock.

 

 

When reviewing what parts of the energy sector show the most promise or opportunity, John points out that really the whole suite of energy inputs from solar to uranium to coal and natural gas are all needed.

 

He points out that parts of Europe is now realizing the folly of shutting down some nuclear power plants or being overly reliant on renewables or Russian natural gas, and so they are turning back to restarting coal plants in desperation.

Conversely, he highlights that China has had the ideal approach of starting up as many different forms of power plants as possible to feed the trend of increasing energy demands.

He also points to how increased copper demand to feed growth projections around electric vehicles, A.I. data centers, and connecting to demands on the energy grid will keep the red metal well bid for years to come.

 

Turning to the extreme volatility in both directions in the precious metals thus far in 2026 – John sees opportunities for placing low-ball bids in quality gold and silver stocks that have corrected by 30%-50% off their January and February highs.

 

When asked how to avoid the danger of “catching the falling knife” if these PM stocks just keep correcting, he lays out the positive and negatives of using stop-loss orders. He also points to using option strategies to make profits on the way down to eventually buying a stock one already wants to accumulate at a lower pre-determined strike price.

We note again that PM stocks are not fully factoring in the higher metals prices seen in Q1 into their current valuations, which is giving investors and edge to accumulate existing positions or initiate new positions in stocks that had previously run away to the upside into the current weakness.

John points out that their growing piles of cash on the balance sheets of highly profitable gold and silver producers will be used for paying dividends, buying back their shares, or merger & acquisitions deals.

 

When pressed on if the bull market in precious metals was over, he pointed out that conditions that created the big run in gold and silver prices are still present and have not fundamentally changed; and have actually strengthened.

 

John brings up the ongoing concerns about the growing sovereign debt crisis in nations all over the world, and the desire by governments and central banks to cut interest rates and throw money at slowdowns to run the economy hot and to try and grow their way out of the economic challenges they face.

Those fiscal and monetary policies will be even more inflationary, leading to a debt spiral, and how affect global currencies and interest rates; which should remain longer-term bullish factors for the precious metals.

 

 

Click here to follow John’s analysis and articles over at Substack

 

 

For more market commentary & interview summaries, subscribe to our Substacks:

 

The KE Report: https://kereport.substack.com/

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

 

Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Craig Hemke, Founder and Editor of TF Metals Report, joins me for a candid conversation around the impacts of geopolitics, macroeconomics, Fed policy, a technical outlook on gold and silver prices, and the ongoing disconnect in the valuation of the precious metals stocks, considering the record margins and revenues they experienced in Q1, which just wrapped up last week.   

 

Key Discussion Points:

 

Geopolitics can swamp the charts and macroeconomics in the short-term: The upcoming deadlines that the US has imposed on Iran to open the Strait of Hormuz by Tuesday evening, could either end in a deal or more bombing and fighting.  Either scenario could see such a large market reaction.   This makes it nearly impossible to forecast what may play out in the short-term.

Central Bank policy response tools are limited: If inflation starts moving higher on the back of higher oil, fertilizer, chemical, and manufacturing inputs, then the Fed’s ability to cut rates will be more muted.  However, if the global economy slows from a ‘demand shock’ then central banks will err on the side of running the economy hot, cutting rates, and easier monetary policy.

Interest Rates and the US Dollar response need to be monitored closely:  Craig points out from a larger macro perspective that market has it wrong regarding future rate hikes, citing the unsustainable cost of refinancing the growing sovereign debt levels if rates go to high.   He’ll be watching both the short and long end of the interest rate curve, as well as the US dollar response.

The Disconnect in Mining Equities: Much media speculation has been made about margin compression facing producers as energy costs, but that is painting all mining companies with the same broad brush without any legitimate analysis for how much their margins may be affected.

The PM prices in the first quarter were at record average quarterly prices, which will lead to records Q1 revenues and earnings, even as the stock corrections got overdone and oversold.

We’d have to see a massive selloff in metals during Q2 to get the average prices and margins down under just Q4 of 2025, much less that of Q3 2025.  This means that Q2 will likely outperform the current expectations based on where PM stocks are priced today.

 

 

Click here to visit Craig’s website – TF Metals Report – https://www.tfmetalsreport.com/

 

 

For more market commentary & interview summaries, subscribe to our Substacks:

 

The KE Report: https://kereport.substack.com/

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

 

Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.