The KE Report

Volt Lithium - Strategic Investment From An Oil Company, DLE Field Plant In The Delaware Basin

Yesterday, April 29th, Volt Lithium (TSX.V:VLT - OTCQB:VLTLF) announced a strategic investment from an oil field operator in the Delaware Basin, for a total US$1.5million. The key to this news is Volt now moving forward with a "field unit that will produce lithium hydroxide monohydrate using Volt’s proprietary direct lithium extraction (“DLE”) technology"
 
Alex Wylie, President and CEO of Volt Lithium joins me to discuss the field unit and potential operational data when in use. Alex outline how this first field unit is more of a stepping stone to grow larger units. The data produced from this initial field unit can be send to EV makers to generate off take agreements as the units and production grows.
 
If you have any follow up questions for Alex please email me at Fleck@kereport.com.
 
Click here to visit the Volt website and read over the recent news.

Stock Talk - Quinton Hennigh - Kingfisher Metals, Eskay Mining, Arras Minerals, Santacruz Silver

Welcome to another episode of Stock Talk! Quinton Hennigh, Geologist, private investor and geologic advisor to Crascat Capital joins me again to discuss 4 stocks you have all sent to me. We focus mostly on exploration companies, with one silver producer mixed in at the end.
 
Quinton shares his thoughts on the following companies in this order...
Kingfisher Metals - TSX.V:KFR, OTCQB:KGFMF
Eskay Mining - TSX.V:ESK, OTCQX:ESKYF
Arras Minerals - TSX.V:ARK
Santacruz Silver - TSX.V:SCZ, OTC:SZSMF
 
Please keep sending me the companies you would like Quinton to comment on. My email address is Fleck@kereport.com.
 
 

Arizona Gold & Silver - Drilling Started At The Resaca Claim On The Philadelphia Gold-Silver Project, Arizona

Mike Stark, Chairman, President and CEO of Arizona Gold & Silver (TSX.V:AZS - OTCQB:AZASF) joins me to discuss the RC drill program that started on April 10th on the Company's Philadelphia Gold-Silver Project, in Arizona. The program is focused at the Resaca Claim, a 400 meter gap in the drilling from past programs. See the map posted below (from the April 10th news release) to view the location of the Resaca Claim. 
 
I have Mike outline the overall goals of the drill program. We also discuss how the Company will prioritize following drilling balanced between extending mineralization to the south or drilling deeper. 
 
If you have any follow up questions for Mike please email me at Fleck@kereport.com. 
 
Click here to visit the Arizona Gold & Silver website to read over all the recent news. 
 

TG Watkins - Precious Metals Outperforming, Will Market Weakness Continue?

TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website joins me to share his view on the recent market weakness and the precious metals (and commodities) outperforming for the last almost 2 months.
 
We start with TG's assessment of the markets and if the correction this month is a natural correction or the start of a larger downtrend. We discuss the mixed moves in large tech stocks and the pullback in AI chip manufacturers. We also discuss time frame of the market pullback, which happened on the first day of Q2.
 
We then move to the sectors that are outperforming the market, which are commodities. We focus mostly on gold. Is this sideways move simply a consolidation of the recent gains?
 
Click here to visit the Profit Pilot website to keep up to date with what TG is trading.

Kodiak Copper - New Copper Porphyry Discovery On The MPD Project, 2023 Drill Results Summary

Claudia Tornquist, President and CEO of Kodiak Copper (TSX.V:KDK - OTCQB:KDKCF - FRA:5DD1) joins me to discuss a new copper porphyry discovery on the MPD Project, in south central BC, and recap the final drill results from the 2023 exploration program. All of this news was reported in the most recent news release from April 25th.
 
We start with an overview of the new porphyry discovery in the 1516 Zone. For a visual of the possible size of the porphyry see Figure 2 from the news release posted below. I ask about grade in the initial discovery hole and the Company's plans to follow up.
 
We also discuss the strategy moving forward balanced between following up at the 1516 Zone, testing other targets across the Project, and even going back to the Gate Zone and growth mineralization there.
 
If you have any follow up questions for Claudia please email me at Fleck@kereport.com.
 
Click here to visit the Kodiak Copper website to read over all the recent news.
 
Figure 2: MPD South plan map showing new 1516 Zone and 2023 holes with assays at 1516, West and South Zones (yellow traces). Bar graphs show downhole copper (green) and gold (red). Background is colour contour historic copper-in soil data.

Aclara Resources - Vertically Integrating By Developing Rare Earth Separation Capabilities In The US

Francois Motte, CFO of Aclara Resources (TSX.V:ARA) joins me to outline the Company's strategy to vertically integrate by developing rare earth separation capabilities in the United States. This news was announced on April 3rd.  
 
I have provided updates on Aclara Resources (TSX:ARA) as the Company has defined heavy rare earth deposits (ionic clay) in Chile and Brazil. The Company also recently received an investment by CAP S.A. (a large Chilean iron-ore producer and manufacturing company). Now Aclara is starting this initiative  to create its own separation capabilities which is the next step in vertical integration.  
 
 
I ask Francois how this vertical integration will cut out a middle company and improve the value proposition for investors. I also ask about any competitors outside of China and what steps will come next for the Company. 
 
 
Click here to visit the Aclara Resource website and read over all the recent news. 

Weekend Show - Brian Leni & Dana Lyons - Key Stock News & Investment Strategies For Active Traders

Welcome to The KE Report Weekend Show! On this Weekend Show we mix it up bey discussing a couple important company developments in precious metals stocks and for the active traders, a number of ways to trade the recent pullback in the markets.
 
Segment 1 and 2 - Brian Leni, Founder of the Junior Stock Review kicks off the show discussing the G Mining and Reunion Gold merger as well as AbraSilver Resource financing with Barrick Gold. We also chat about portfolio management focused on resource stocks and diversification.
Click here to visit Brian's site - Junior Stock Review.
 
Segment 3 and 4 - Dana Lyons, Fund Manager and Editor of the Lyons Share Pro wraps up the show sharing his trading strategies for a wide range of sectors. We talk hedging strategies, market leadership, international markets, commodities, gold and copper miners, oil equities, uranium and Bitcoin.
Click here to visit The Lyons Share Pro website to follow along with Dana.
 
 

Mako Mining – Review Of Q1 Operations, The Ongoing Acquisition Of Goldsource Mines, And An Exploration Update

Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins me to review the key takeaways from the Q1 2024 production and operations report, the key synergies with the ongoing acquisition of Goldsource Mines (TSXV:GXS)(OTCQX:GXSFF), and a review of the exploration strategy this year in Nicaragua.
 
We started off recapping how the results have been steadily ramping up and improving ever since the Company received the permit to begin extracting ore from Las Conchitas the middle of last year, and that, like Q4 of 2023, Q1 of 2024 demonstrated the solid operational performance and execution at the San Albino Mine.
 
Q1 2024 Production and Financial Highlights
 
Record 67,961 tonnes mined containing 13,965 ounces of gold ("oz Au") at a blended grade of 6.39 grams per tonne gold ("g/t Au") and 15,718 ounces of silver ("oz Ag") at a grade of 7.19 grams per tonne silver ("g/t Ag")
25,374 tonnes mined containing 9,664 oz Au at 11.85 g/t Au and 9,919 oz Ag at 12.16 g/t Ag from diluted vein material
42,587 tonnes mined containing 4,301 oz Au at 3.14 g/t Au and 5,799 oz Ag at 4.24 g/t Ag from historical dump and other mineralized material above cutoff grade ("historical dump + other")
22.7:1 strip ratio
52,478 tonnes milled containing 12,266 oz Au at a blended grade of 7.27 g/t Au and 14,071 oz Ag at 8.34 g/t Ag
36% and 64% from diluted vein and historical dump and other, respectively
606 tonnes per day ("tpd") milled at 96% availability
Recoveries of 80.6% for gold in Q1 2024
150,744 tonnes in stockpile containing 12,465 oz Au at a blended grade of 2.57 g/t Au
10,070 oz Au Equiv. recovered and 9,332 oz Au. Equiv. sold during the quarter
Delivered 40,500 oz of silver on the Sailfish Silver Loan for a total of US$ 0.9 million during Q1 2024
Entered into an environmental settlement and release agreement with GR Silver comprising US$0.5 million and the issuance of 296,710 common shares of Mako
C$ 2.8 million in share repurchases equating to 1 million shares at an average price of C$ 2.80 so far in 2024
Aprox. US$ 3.0 million increase in cash balance in Q1 2024 vs. Q4 2023
 
Next the discussion transitioned into the synergies for scalable growth with the acquisition of Goldsource Mines, and their 100% owned Eagle Mountain Gold Project in Guyana, South America. Akiba outlines how the combined company will bring together two experienced management teams, that have worked together as colleagues going back nearly two decades, the optional savvy of the team that COO, Jesse Muñoz has assembled, and the geographical and asset diversification.  We also review the district-scale exploration potential in Guyana, the recent acquisition of Reunion Gold in country by G Mining Ventures, and Guyana as an emerging mineral extraction jurisdiction.
 
We wrap up with Akiba providing a big picture overview of the exploration initiatives for 2024 in Nicaragua, with 4 RC drill rigs turning at present, and 1 diamond core rig, with plans to add 2 more core rigs as the year progresses, providing a great deal of data with more efficiency to keep expanding resources around San Albino, Las Conchitas, and regionally.
 
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.

Marc Chandler – A Focus On Currencies, GDP, Inflation, Commodities, Wage Growth, And Fed Policy

Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc to Market blog, joins us to discuss some of the moves in global currencies, recent US economic data for GDP growth and the PCE inflation deflator metrics, commodities inflows, wage growth, corporate profits, and how this all ties into central bank policies.  We note the continued strength in the US dollar, and the major weakness in the Japanese Yen, and what implications those may have on the global economy, and interest rates in the respective countries.
 
With corporate profits remaining very high, and the general US equities holding up near all-time highs, and dips continuing to be bought, we probe whether there is anything that may change the tone of the markets or the central bank outlook.  Marc outlines that with the weaker than expected GDP growth, and weakness in service PMI jobs, that if we also see a weaker than expected jobs report next week, that it could moderate the Fed’s confidence, and possibly accelerate the plans to start cutting rates later in the year.
 
Click here to visit Marc’s website – Marc to Market.

Joel Elconin - US Economic Data, Tech Earnings Crush It; Where Do Markets Go From Here?

Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins us to recap this week's US economic data and key tech earnings.
 
The market did not like the slower GDP growth, reported on Thursday, but Friday was a different story after some major tech earnings. The market was due for a correction, which started this month, but is already being bought back. We ask Joel to make sense of this month's moves, being either bearish or bullish.
 
We also ask about commodities, financials and what to look for next week with the Fed.
 
Click here to visit the PreMarket Prep website to follow along with Joel.