The KE Report

In this exploration update, we are joined by Greg McCunn, President and CEO of Great Pacific Gold (TSX.V: GPAC | OTCQX: GPGCF). Greg provides a comprehensive look at the company’s recent drill results and the rapid expansion of their exploration targets within the Wild Dog structural corridor in Papua New Guinea.

The discussion covers the transition of drilling efforts from the Sinivit target to the Kavasuki target, early visuals from the maiden program at Kasie Ridge, and the high-priority channel sampling results from the Morgan and Magiabe West areas.

Key Discussion Points:

High-Grade Success at Kavasuki: Analysis of the first drill hole which returned 58.9 meters at 2.5 g/t AuEq.

The Wild Dog Corridor Strategy: Insight into the 1-kilometer undrilled gap between Sinivit and Kavasuki and the company's plan to test if these areas form one continuous high-grade system.

Maiden Drilling at Kasie Ridge: An update on the second drill rig testing a never-before-drilled lithocap and porphyry target, where early holes have already visualized chalcopyrite.

New Discoveries at Morgan and Magiabe West: Review of channel samples, including 19.3 meters at 4.1 g/t AuEq at the Morgan Vein and 8.0 meters at 18.12g/t AuEq at Magiabe West, significantly extending the known strike length of these systems.

2026 Exploration Outlook: A look at the company’s $10 million working capital position and the systematic plan to utilize two rigs to build resources and test new pipeline targets through the remainder of the year.

 

If you have any follow up questions for Greg please me at [email protected]. 

Click here to visit the Great Pacific Gold website - https://gpacgold.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.

Brad Rourke, Executive Chairman of Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80), joins us to review the final drill results from the 2025 drill program at the Blueberry Contact Zone, and we look ahead to the fully-funded 50,000 metre 2026 Drill Program at the Scottie Gold Mine Project; located in the Golden Triangle of British Columbia.  Once all the data from both the 2025 and 2026 drill programs are analyzed, then an updated Resource Estimate and Feasibility Study will be released next year.

 

Brad has moved into the role of Executive Chairman, focused on strategic oversight, capital markets engagement, and corporate development initiatives. He has passed the leadership baton to Thomas Mumford, promoting him to CEO, as well as President. Mr. Rourke has been instrumental in assembling the Company's current management team and Board of Directors, attracting high quality investors and strategic partners such as Ocean Partners and Franco Nevada, which facilitated the discovery of the Blueberry Contact Zone, and securing funding for the Company's largest drill programs to date.

 

Dr. Thomas Mumford brings extensive experience in corporate strategy, capital markets, and resource project advancement, overseeing the Company's recent PEA and drilling execution strategies that have continued to advance and grow the Project while identifying future drill targets that may result in new discoveries. As CEO, he will lead the Company's operational execution, strategic planning, and stakeholder engagement.

 

Next we focused on the final assay results from the 2025 drill program that were announced over a few press releases in February, and which demonstrated continuity at Blueberry and district-scale upside across the property.  In 2025, Scottie completed its biggest drill season ever, drilling more than 27,300 metres across 126 holes. This included 17 specialized holes (2,300 metres) focused on ground stability and water studies important steps as the project advances toward potential future mine development.

 

The program delivered the best gold intercept ever recorded on the property, including 30.1 grams per tonne gold over 23.65 metres in drillhole # SR24-364.  Other recent headline holes returned 14.4 g/t Gold over 40.75 Metres in drillhole # SR25-483; 42.5 g/t Gold over 4.40 Metres in drillhole# SR25-381; 141 g/t Gold over 4.55 Metres in drillhole# SR25-470; and 54.6 g/t Gold over 7.05 Metres in drillhole # SR25-473.

 

Results from the season showed consistent high-grade gold throughout the project.

 

44% of holes hit more than 2 metres of 5+ g/t gold

30% of holes hit more than 2 metres of 10+ g/t gold

25% of holes hit more than 2 metres of 15+ g/t gold

20% of holes hit more than 2 metres of 20+ g/t gold

11% of holes hit more than 2 metres of 30+ g/t gold

 

Brad outlined the team at Scottie is now finalizing their interpretation of the 2025 assay results and will outline the 2026 exploration plans in the coming weeks for the 50,000 meter drill program focused on upgrading known ounces from inferred to indicated, as well as testing expansion targets like Wolf, P-Zone, C&D veins, and Domino.   After all the 2026 data comes in the Company will then update the Resource Estimate and complete the workstreams to announce the Feasibility Study.

 

 

If you have any questions for Thomas regarding Scottie Resources, then please email us at [email protected] or  [email protected].

 

In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording and may choose to buy or sell shares at any time.

 

Click here to follow the latest news from Scottie Resources

 

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.

Paul Jones, President of Versamet Royalties (TSX: VMET) (NASDAQ: VMET), joins me to review the key metrics from the record Q4 and FY2025 financials, and to provide an update on key assets ramping up into production, as well as development-stage assets with workstreams working towards eventual production.  We also look ahead to future mid-sized royalty and streaming transactions to continue growing, and discuss the benefits of the coming big board US exchange listing.

 

Q4 2025 Financial Highlights

 

Record revenue of $18.4 million, an increase of 465% over Q4 2024.

Record attributable gold equivalent ounces1(“GEOs”) of 4,430, an increase of 260% over Q4 2024.

Record operating cash flow before working capital changes2of $13.9 million, an increase of 1,126% over Q4 2024.

Record net income of $15.1 million, an increase of 307% over Q4 2024.

Record adjusted EBITDA3of $13.6 million, an increase of 862% over Q4 2024.

 

Full Year 2025 Financial Highlights

 

Record revenue of $34.8 million, an increase of 189% over 2024.

Record GEOs1of 9,815, an increase of 94% over 2024.

Record operating cash flow before working capital changes2of $24.7 million, an increase of 277% over 2024.

Record net income of $20.3 million, an increase of 931% over 2024.

Record adjusted EBITDA3of $23.0 million, an increase of 336% over 2024.

 

2025 Corporate Highlights

Acquired a copper stream on Endeavour Silver’s operating Kolpa mine in Peru.

Listed on the TSX Venture Exchange and subsequently uplisted to the Toronto Stock Exchange.

Acquired a significant silver stream on the operating Rosh Pinah Zinc mine in Namibia and a polymetallic royalty on the operating Santa Rita mine in Brazil, both operated by Appian Capital Advisory Limited (“Appian”).

Welcomed Nemesia S.à.r.l., a private company controlled by the trusts of the Lundin Family, and Tether Investments S.A. de C.V. (“Tether”), as new shareholders of the Company.

Received inaugural royalty and stream revenues from the Blackwater, Kolpa, Kiaka, Rosh Pinah, and Santa Rita mines.

 

Post Quarter Highlights

Completed a C$142 million equity financing, adding several new institutional and retail shareholders.

Completed a C$22 million private placement with Tether, and separately welcomed Gold Mountains Asset Management Limited, a subsidiary of Zijin Mining Group Co., Ltd., as a new shareholder of the Company.

Listed on the TSX Venture Exchange and subsequently uplisted to the Toronto Stock Exchange.

Fully repaid $80 million on the term loan and repaid $46 million on the revolving credit facility, reducing the amount drawn to $45 million as of March 12, 2026.

Increased revolving credit facility capacity to $225 million, including a $25 million accordion option.

Common shares commenced trading on the NASDAQ.

 

 

If you have any questions for Paul regarding Versamet Royalties, then please email those in to me at  [email protected].

 

 

Click here to follow the latest news from Versamet Royalties

 

 

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.

In this daily editorial, we are joined by TG Watkins, Director of Stocks at Simpler Trading and Editor of The Profit Pilot. TG provides a deep dive into the technical setups defining the current market landscape, characterized by aggressive volatility and shifting geopolitical narratives.

Key Discussion Points:

Monetizing the Hedges: TG explains the recent "choppy" price action in the S&P 500, where large participants are cashing in puts on market drops, preventing a total crash while maintaining a downward bias.

The Iran Conflict Impact: A look at how geopolitical tensions have driven market fear and how a potential de-escalation could trigger a massive "risk-on" rotation.

Bottoming Signals in Specific Sectors: Why the Homebuilders (XHB) and Cryptocurrency markets may be signaling a short-term bottom despite broader market weakness.

The Outlook for Commodities: An analysis of why Oil (USO) may be double-topping and why Gold (GDX) and Silver (SLV) might be due for a consolidation period as money rotates back into equities and tech.

Key Stocks to Watch: Tactical commentary on leading names like NVIDIA (NVDA) and Tesla (TSLA) as barometers for overall market health.

 

Stocks and Symbols Mentioned: S&P 500 ($SPY), Homebuilders ($XHB, $NAIL), Oil ($USO), Gold ($GDX, $GDXJ), Silver ($SLV), Bitcoin ($BTC), Wolfspeed ($WOLF), Iren ($IREN), Cipher Mining ($CIFR), Hut 8 ($HUT), NVIDIA ($NVDA), Tesla ($TSLA).

 

Click here to visit the Simpler Trading website - https://www.simplertrading.com/

Click here to visit TG’s site - Profit Pilot - https://www.profit-pilot.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.

In this company update, we sit down with Charles Funk, President and CEO of Heliostar Metals (TSX-V: HSTR | OTCQX: HSTXF), to discuss the company’s current gold current gold operations and exploration in Mexico. Following a 60% increase in production guidance, Charles details how the team is optimizing operations in Mexico and leveraging innovative techniques to maximize production at high gold prices.

Key Discussion Points:

Production Growth and Guidance: Charles explains how the company has lifted production to 50-55,000 ounces this year from its Sonora and Durango mines, with a clear organic path to reach 300,000 ounces and an ultimate goal of 500,000 ounces by the end of the decade.

Innovation at La Colorada: A deep dive into the injection leaching process at the La Colorada leach pads, a low-cost method.

Aggressive Exploration Strategy: With nine drill rigs currently turning, the company is focusing on feasibility drilling at Ana Paula while simultaneously seeking to extend the mine life at San Agustin.

Strategic Asset Management: The reasoning behind the recent option agreement with Zacatecas Silver for non-core properties.

Jurisdictional Outlook in Mexico: An honest conversation regarding the current operating environment in Mexico and why Heliostar remains committed to the region despite broader market concerns.

 

Please email me at [email protected] with any follow up questions for the team at Heliostar Metals. 

 

Click here to visit the Heliostar Metals website to learn more about the Company - https://www.heliostarmetals.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.