The KE Report

First Nordic Metals – 2025 Exploration Strategy Across All Projects, And Addition Of Henrik Lundin To The Board

Taj Singh, CEO, and Adam Cegielski, President of First Nordic Metals (TSX.V: FNM) (OTCQB: FNMCF), join me to discuss the new addition to their board and the 25,000 meter exploration program in 2025 at their 100% owned Paubäcken, Storjuktan, and Klippen Projects, in addition to the work going on through their JV with Agnico Eagle at Barsele.
 
We start off having Adam outline the news released on January 22nd about the appointment of a strong board member in Mr. Henrik Lundin and a little more about his background. Mr. Lundin has 19 years of technical and business experience in the natural resource sector and has held various executive and board roles with both private and public companies in the mining and oil and gas sectors. He previously served as Chairman of Gold Line Resources Ltd., one of the predecessor companies to FNM.
 
Next we shifted over having Tag outline the key project areas of focus for this year’s exploration initiatives on their 100% controlled land, along the 100km mineralized trend along the Gold Line belt in Sweden.  Paubäcken has had the most historic work completed to date with clear drill targets delineated at both the Aeda and Harpsen targets. Storjuktan has had a considerable about of base-of-till drilling and geophysics completed where there are solid drill targets set up for 2025 as well; most notably the Nippas target.  Additionally, the Company has completed a base-of-till, top-of-bedrock drilling program on the 100%-owned Klippen Project, located in the southern extent of the Gold Line Belt, where depending on results, it may also receive some drilling this year.
 
Adam then shares a bit more with listeners about their Barsele Project, and that they are awaiting the upcoming announcement in a month or so from joint venture Agnico Eagle on this year’s work program.  We also discuss the initiative for the upcoming listing on the Nasdaq First North Growth Market in Sweden by the end of Q1.  Taj wraps us up describing the larger company vision and 2025 work strategy.
 
If you have any questions for Taj or Adam, regarding First Nordic Metals, then please email them to me at Shad@kereport.com.
 
In full disclosure, Shad is a shareholder of First Nordic Metals at the time of this recording.
 
Click here to follow along with the latest news from First Nordic Metals

Ramp Metals - New Gold Explorer In Saskatchewan: Rottenstone SW Project, Gold Discovery Made In First Hole, 73.55 g/t Au Over 7 Meters

Jordan Black, CEO of Ramp Metals (TSX.V:RAMP) joins us to introduce this new gold exploration Company focused at the Rottenstone SW Project in Saskatchewan. The first drill hole at the Ranger Target intersected 73.55 g/t Au and 19.50 g/t Ag over 7 meters. 
 
Key topics include the Company's motivation for choosing Saskatchewan, the discovery at the Ranger target, and the recent copper discovery at the Rush target. 
 
Jordan outlines upcoming activities, including an upcoming 3,000-5,000 meter drilling program and traditional prospecting methods to gain a better understanding of the potential of the Project. 
 
We also discuss the financial health and share structure. We conclude with an overview of expected news flow and upcoming milestones for Ramp Metals.
 
If you have any follow up questions for Jordan regarding Ramp Metals please email us at Fleck@kereport.com or Shad@kereport.com. 
 
Click here to visit the Ramp Metals website to learn more about the Company.

Founders Metals - 60,000 Meter Drill Program Underway, Antino Gold Project: Target And Key Catalysts Overview

Colin Padget, President and CEO of Founders Metals (TSX.V:FDR - OTC: FDMIF - FRA:9DL0) joins us to provide an overview of the Company’s 60,000 meter drill program this year at the Antino Gold Project in Suriname. 
 
The discussion highlights the drill program’s primary objectives, including the growth of previous discoveries and the testing of new targets. Key targets such as Upper and Lower Antino, Da Vinci, and Buese are covered in depth, alongside the exploration of a 15-kilometer gold trend. 
 
Colin emphasizes the company’s strategy for cost-effective drilling through local operations and the ownership of their drill rigs. He also outlines upcoming news, potential expansions, and the goal of achieving 100% ownership of the asset, ensuring continuous updates throughout 2025.
 
If you have any follow up questions or topic you would like Colin to address please email us at Fleck@kereport.com or Shad@kereport.com. 
 
Click here to visit the Founders Metals website.
 

Forum Energy Metals – Qavvik Drill Assays Return 296 Metres of Uranium Mineralization With Intercepts Up To 8.2% U3O8

Dr. Rebecca Hunter, VP of Exploration at Forum Energy Metals (TSX.V:FMC – OTCQB:FDCFF), joins me to unpack the key takeaways from next batch of 2 drill holes released from the 2024 exploration program to the market on January 21st.  These holes expand the mineralization at the Qavvik anomaly; Forum’s second basement-hosted deposit, located within their 100% owned Aberdeen Project in Nunavut, Canada.
 
These 2 holes compliment the more than 2 dozen historic holes that were drilled by Cameco into the Qavvik deposit, and had the highest grade results to date.  This successful exploration program intersected a 296-metre-wide zone of uranium mineralization with grades up to 8.2% U3O8 in a newly identified lens and resulted in more than 20 assays with grades greater than 1% U3O8. Mineralization is open to the northeast and southwest, and the shallow depths along with the thick overall uranium intercepts demonstrate the open pit potential of this deposit.
 
These 2 Qavvik drill holes expanded that basement-hosted deposit, much like the previously released 19 holes drilled into the Tatiggaq area also expanded that basement-hosted deposit. Rebecca outlined how the 2 prior year’s drill results will likely be combined with relogging of historic drill holes completed by Cameco, to work towards the delineation of a Maiden Resource Estimate at Tatiggaq and Qavvik deposits in the future. This mineralization in the basement-hosted rock is similar in nature to the nearby 133 million pound Kiggavik uranium project held by Orano/Denison/UEC, located about five kilometers to the west of the Tatiggaq deposit.
 
Wrapping up we look ahead to the upcoming drill hole assays still to release from last year’s exploration program from highly prospective regional targets. There are still holes to release from the Ned, Ayra, and Loki targets, with the goal of testing and exploring for the higher-grade unconformity style of deposits; similar to what is found in the Athabasca Basin.
 
If you have any follow up questions for Rebecca or the team at Forum Energy Metals, then please email them into me at Shad@kereport.com.
 
Click here to follow along with the most recent news from Forum Energy Metals

Brian Leni - How To Invest In Advanced Metals Stocks: When to Sell Your Stocks, Valuation Considerations

Brian Leni, Editor of The Junior Stock Review joins us to discuss the resource equities he is investing and how the key aspects that play into his valuation assessments. 
 
The discussion covers the optimistic sentiment among investors at the recent resource investment conferences in Vancouver, and the shift in focus from precious metals to base metals. 
 
On the equity front Brian highlights the performance of specific companies in his portfolio, especially Kenorland Minerals and Aurion Resources, which he expects to excel in the coming year. 
 
At the MIF conference Brian shares the details of his presentation focused on lessons learned from his investments in 2024, emphasizing the importance of not only recognizing mistakes but also leveraging them for future success. He speaks about the role of mentorship in refining his investment approach and aid in decision-making. Moreover, Brian discusses his portfolio strategy, including the significance of high-conviction picks and appropriate allocation percentages to balance risk and reward effectively. He also shares his sell strategy, including examples of when to take profits and understanding the right time to exit positions. We also explore valuation considerations for companies, based on factors such as location, resource size, metallurgy, and mining simplicity, using Thesis Gold as an example of an undervalued asset. Brian shares his criteria for red flags in potential investments—ranging from geographical risks to overly promotional management teams.
 
Click here to visit the Junior Stock Review website to keep up to date on what Brian is investing in.

Aztec Minerals - First Pass Drill Results From The Westside Target, Tombstone Project, Arizona

Simon Dyakowski, President and CEO of Aztec Minerals (TSX.V:AZT - OTCQB:AZZTF) joins me to recap the drill results from the first pass drilling at the Westside Target on the Tombstone Project in Arizona. Refer to Figure 1 from the news release, posted below, to see where the holes are located. 
 
Simon recaps the findings from holes 8 through 13, spread out throughout the Westside Target. The drilling aimed to test the company’s new geologic and 3D model developed over 2024. Key highlights include the results from hole 13, which returned a broad intersection of 85.4 meters of 47.3 g/t silver equivalent (AgEq), and a high-grade zone of 24.4m of 106.3 g/t AgEq. 
 
Simon also provides insights into the presence of old mine workings and discusses their strategic decisions and priorities for future drilling programs, including the systematic grid drilling planned for later this year. Simon addresses questions about the gold grades and explains the focus on anticlines over dikes in this initial phase. 
 
We conclude with an outlook on upcoming news and drilling results from the Southern Extension area.
 
Please email me any questions you have for Simon. My email address is Fleck@kereport.com. 
 
Click here to visit the Aztec Minerals website.

Craig Hemke - Gold Strength To Start The Year

Craig Hemke, Editor of TF Metals Report joins us to focus on the strength in the gold market to start the year. 
 
We explore the strength of gold, currently trading close to its all-time highs, and how central bank demand is underpinning these higher prices. Craig explains the shallowness of recent gold corrections and what to watch for in gold futures and spot prices, particularly as contracts shift from February to April and June. We also analyze the role of the dollar index and its impact on gold's performance, drawing parallels to market behaviors seen in 2016 and 2017. 
 
The discussion shifts to the broader influence of the new administration’s economic policies on precious metals and Craig's insights on silver’s recent uptrend and future prospects. The conversation takes a closer look at the significance of major gold miners like Newmont and Barrick, highlighting their operational costs, influence on market sentiment, and the importance of their performance for attracting more substantial investment interest in the sector. 
 
To wrap up we delve into the upcoming Fed meeting, the potential surprises that could arise from it, and how changes in interest rates might affect the precious metals market.
 
Click here to visit Craig’s website - TF Metals Report

Sitka Gold - Updated Resource At RC Gold Project, Yukon: 2.8 Million Ounces (Indicated + Inferred)

Mike Burke, Director and VP of Corporate Development at Sitka Gold (TSX.V:SIG - OTCQB:SITKF - FRE:1RF) joins me to discuss the updated Mineral Resource Estimate (“MRE”)  for the RC Gold Project released yesterday, January 21st. The MRE now totals indicated 1.3 million ounces of gold and inferred 1.5 million ounces of gold. 
 
Mike outlines the significant drilling undertaken over the past two years, which have fueled this update, and explains the nuances between indicated and inferred resources. The conversation delves into the incremental increase in cutoff grades (from 0.25 g/t to 0.30 g/t gold), the delineation of higher-grade areas (above 1 g/t), and the strategy moving forward to grow this asset. 
Future plans include an extensive 30,000 meters of drilling aimed at expanding current deposits (Blackjack, Eiger, and Saddle Zone) and new discoveries (Rhosgobel and Pukelman).
 
If you have any follow up questions for Mike please email me at Fleck@kereport.com. 
 
Click here visit the Sitka Gold website to learn more about the Company.

Dave Erfle – Fundamental Factors Moving Gold and Gold Stocks, Looking Ahead To More Mergers And Acquisitions In 2025

Dave Erfle, Editor of the Junior Miner Junky, joins us to discuss the fundamental factors moving gold, and gold stocks, as well as the key technical levels to watch. Dave also highlights the breakout in gold after the eight-week consolidation triangle, and that the GDX, GDXJ, SIL, SILJ, and silver are still attempting to break up above resistance levels.  
 
We then shift over to a nuanced discussion around mergers and acquisition transactions; reflecting back on the nature of the kinds of deals and investor reactions to some of the deals we saw in 2024. Wrapping up we look ahead to the kinds of M&A deals that may bring more interest into the precious metals stocks in 2025.
 
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter.

Tim Tassoni - 2025 Market Trends: Look To Inflation Sensitive Sectors

Jim Tassoni, CEO of Armor Wealth Strategies, joins us to discuss his 2025 investment themes, mostly focused on inflation staying elevated or sticky. 
 
We start with Jim’s outlook on the persistence of inflation, a stronger U.S. dollar, and cautions toward long-term bonds due to interest rates potential to creep higher. Jim explains how potential trade wars could lead to significant drawdowns in the S&P 500 and the broader market dynamics. 
 
We also focus on gold, with Jim being bullish despite a stronger dollar, while showing preference for the metal over miners. Additionally, Jim shares his perspective on silver, financials, energy sectors, and real estate.
 
Click here to visit the Armor Wealth Strategies website to keep up to date with Jim and what he’s trading.