The KE Report

Dave Erfle - Flood of Capital into Juniors & Silver Stocks Outperformance

Dave Erfle, Founder and Editor of Junior Miner Junky, joins us to discuss the powerful shift now unfolding across the junior mining sector. After years of capital scarcity, junior exploration companies, even those with sub-$10M market caps, are suddenly raising millions in oversubscribed financings. What's driving the turnaround?
 
Dave explains how the breakout in GDX/GDXJ earlier this year is fueling a rotation into earlier-stage juniors, with smart money moving down the food chain. The TSX Venture is showing technical strength, silver juniors are outperforming, and M&A activity is picking up across the silver space.
 
We discuss:
The surge in financings across micro-cap juniors
Capital rotation from producers to exploration plays
The silver catch-up trade and gold:silver ratio compression
What to look for in development-stage funding (and what to avoid)
Jurisdictions gaining favor - is Mexico back?
Dave also shares when he takes profits, how he spots takeover targets, and why quality still matters, even in the high-risk junior phase.
 
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter. 

AbraSilver Resource – Early Phase 5 Drilling Intersects 31.0 Metres Grading 10.0 g/t Gold For The Best Gold Intercept To Date At Diablillos

John Miniotis, President and CEO and David O’Connor, Chief Geologist of AbraSilver Resource Corp (TSX: ABRA) (OTCQX: ABBRF), join us to review one of the first drill assays returned from the ongoing Phase V exploration program, returning the best gold intercept to date at their wholly-owned Diablillos property in Salta Province, Argentina.  Due to the timing this hole will still make it into the updated Resource Estimate due out in mid-year in July.
 
These standout intercepts come from step-out hole # DDH 25-024, which encountered exceptional gold and silver mineralization just beyond the previously defined eastern margin of the conceptual Oculto open pit, in what has been dubbed the Oculto East area. These results underscore the strong potential for continued growth of high-grade mineralization east of Oculto, making this a high-priority exploration target for follow-up drilling in the ongoing Phase V drill program.   
 
Highlights include of DDH 25-024 include:
 
31.0 metres (“m”) grading 10.0 g/t gold and 16 g/t silver, including 6.0 m at 41.9 g/t gold and 22 g/t silver
 
Additionally, the same hole returned a separate interval of 13.0 m grading 307 g/t silver from 216 m depth and within the conceptual open pit, including 8.0 m at 446 g/t silver in the upper silver-enriched zone
 
With three drill rigs now active across the broader Diablillos land package, and the potential to add a fourth rig in the future, the Company is entering another exciting new phase of exploration growth. In addition, the Company is doing all the derisking work programs in parallel with exploration for their ongoing Definitive Feasibility Study due out in early 2026.
 
 
If you have any follow up questions for John or Dave regarding at AbraSilver, then please email us at Fleck@kereport.com or Shad@kereport.com.
 
In full disclosure, Shad is a shareholder of AbraSilver at the time of this recording.
 
Click here to visit the AbraSilver website and read over the most recent news releases.

G2 Goldfields - 3.1Moz Gold Resource, New High-Grade Discovery & Growth Ahead in Guyana

In this episode, I’m introducing G2 Goldfields (TSX.V:GTWO - OTCQX:GUYGF), a gold exploration company rapidly gaining attention following a major high-grade gold discovery and continued growth at its flagship Oko Gold Project in Guyana.
 
Joining me is Dan Noone, CEO of G2 Goldfields, who walks us through the company’s resource, expansion plans, and ongoing exploration success.
 
Key Highlights from the Interview:
Oko Gold Project now hosts 3.1Moz at ~3g/t, with multiple deposits along a 2.5km strike - anchored by the high-grade Oko Main Zone and expanding into the Ghanie Zone.
A new high-grade discovery (“New Oko”) 9km north of the existing resource is delivering thick, near-surface mineralization, rapidly becoming the top priority with 4 rigs turning.
Strategic exploration is ongoing across a district-scale 85,000-acre land package, including the historic Peters Mine.
The company is well-funded with ~C$30M in the treasury and a drill cost of ~US$200/meter.
Discussion around potential timing of a PEA, while management remains focused on discovery and resource growth.
Institutional interest, with AngloGold Ashanti now holding a 15% stake and insiders controlling 25%.
Please email me with any questions you have for Dan. My email address is Fleck@kereport.com. 
 
Click here to visit the G2 Goldfields website.

Erik Wetterling – Key Takeaways From 2 Mining Conferences, And Value Proposition In Multiple Resource Companies In Attendance

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review the key investing themes and takeaways from the 2 TopShelf Partners conferences we attended last week:  the Commodities Global Expo 2025 in Fort Lauderdale, Florida; and then the Natural Resource Stocks Expo 2025 in Atlanta, Georgia.   Erik also highlights 11 different companies that caught his attention at the event either as portfolio positions, or new companies that he is doing more due diligence on.   This is a wide-ranging conversation that gets into gold, silver, copper, nickel, and critical minerals resource investing.
 
The companies discussed in the interview are: First Nordic Metals Corp. (TSX.V: FNM, OTCQB: FNMCF, Stockholm: FNMC SDB, Frankfurt: HEG0), Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP), Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G), Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8), West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQB: WRLGF), Denarius Metals Corp. (TSXV: DSLV) (OTCQX: DNRSF), Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV), U.S. Gold Corp. (Nasdaq: USAU), Zeus North America Mining Corp. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92), Fairchild Gold Corp. (TSXV: FAIR), and Cerrado Gold Inc. (TSX.V: CERT) (OTCQX: CRDOF).
 
 
* In full disclosure, some companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording. 
 
Click here to visit Erik’s site – The Hedgeless Horseman

TG Watkins: Calling the S&P 6,000 and a $680K Trade Win: Trading A Bullish Roadmap

In this interview, TG Watkins, Director of Stocks at Simpler Trading and Editor of Profit Pilot, returns with a recap of his S&P 6,000 market call, a forecast he made three weeks ago when sentiment toward U.S. equities was deeply bearish. Not only did his contrarian view play out, but TG also shares how he turned $46K into $719K in just 30 days, trading SOXL call options.
 
What you’ll learn in this episode:
How TG predicted the S&P’s surge to 6,000 despite overwhelming pessimism
Why the Moody’s downgrade may have accelerated the bullish setup
The market implications of a China-U.S. trade thaw and upcoming tax/deregulation initiatives
Key sectors he’s watching next - AI, robotics, SMRs (small modular reactors), and specific names like OKLO
TG’s current stance on gold after its blow-off top and technical levels to monitor
TG breaks down:
Why sentiment, positioning, and capital flows were perfectly aligned for a melt-up
His use of leveraged ETFs and options for maximum reward
The tactical shift from mega-caps to selective small-cap opportunities
 
Click here to watch TG explain how he made 1,463% in Just 30 Days. 

Weekend Show - Rick Bensignor & Joel Elconin - Markets in a Holding Pattern? We Break Down Stocks, Gold, Bonds, and Retail Sentiment

On this Weekend Show, we explore the market’s stunning rebound with two seasoned traders - Rick Bensignor and Joel Elconin. From U.S. equities and global capital flows to gold, bonds, and natural gas, both guests provide a wide-angle look at why markets may be entering a pause phase, and what could come next.
 
If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X for more market commentary and company interviews. Don’t forget to subscribe and leave us a review!
Also check out our Substack where we email you summaries of Daily Editorials and the Weekend Show! Click here to check it out.
 
Segment 1 & 2 - Rick Bensignor, President of Bensignor Investment Strategies and publisher of the Tactical Trader Report and Daily Tips Sheet, kicks off the show sharing his outlook on U.S. markets, interest rates, and key commodities. He explains why current equity levels may be a high-risk entry point, discusses sector momentum shifts, global market divergence, and highlights the importance of countertrend signals in gold, bonds, and energy markets.
Click here to visit the In The Know Trader website.
 
Segment 4 - Joel Elconin, co-host of the PreMarket Prep Show and founder of the Stock Trader Network, wraps up the show discussing the current “silver lining” market sentiment driven by cooling inflation, resilient earnings, and a risk-on retail trading environment. He also shares insights on institutional moves from recent 13F filings, commodity rotation, and Bitcoin's technical levels, emphasizing how under-invested fund managers are fueling the rebound across equities and global markets.
Click here to visit Joel’s PreMarket Prep website.
 

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 Fleck@kereport.com with any follow up questions for Charles. 
 
Click here to visit the Heliostar Metals website to learn more about the Company.

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

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

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: fleck@kereport.com