Markets closed for Family Day — but the deal flow didn’t slow down.

This episode rips through serious mining setups:

A 10Moz Brazilian gold asset with construction permits in hand

A 50,000m drill program backed by a major JV partner

A 70-year mine life monster with $21B NAV at spot

And a $450M silver company restarting production targeting 3Moz/year

We break down real numbers: capex, IRR, payback periods, NAV math, free-carry structures, warrant overhangs, and what actually matters when valuing these assets.

Guest Greg McKenzie, CEO of Silver Storm Mining Ltd., walks through:

Restarting La Parrilla in Durango

3Moz silver-equivalent production target

$30M+ cash, no debt

400Moz silver-equivalent exploration upside

Strategy for capital allocation post-production

Timestamps

00:00 – Markets closed, volatility back, and why deal flow hasn’t slowed

05:03 – 10Moz Brazilian gold asset, construction permits, $665M NAV at $1,200 gold

09:07 – 50,000m drill program + $85M JV spend for 60% (free carry math explained)

11:18 – 70-year mine life, $21B NAV, 9-year payback — how do you value this?

15:19 – Guest: Greg McKenzie on restarting La Parrilla (3Moz/year target)

29:15 – 400Moz silver-equivalent exploration upside & capital allocation strategy

SOUTHERN CROSS GOLD CONSOLIDATED LTD - $SXGC

BELO SUN MINING CORP. - BSX

Westhaven Gold Corp. - WHN

LUNDIN GOLD INC. - LUG

LUNDIN MINING CORPORATION - LUN

Mogotes Metals Inc. - MOG

NGEX MINERALS LTD. - NGEX

Silver Storm Mining Ltd. - SVRS

FIRST MAJESTIC SILVER CORP. - AG

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This podcast does not provide any investment, financial, economic, legal, accounting, or tax related advice or recommendations. The content in this podcast is not intended to amount to advice on which you should rely. You must obtain more specific or professional advice before taking, or refraining from, any action or inaction on the basis of the contents of this podcast. The information contained in this podcast does not constitute an offer to buy or sell securities or any other product and should not be relied upon to evaluate any potential transaction. The views and opinions expressed in this podcast are not necessarily those of EarthLabs Inc. ("EarthLabs") and its respective directors, employees, officers, agents, shareholders, or affiliates. EarthLabs is not providing any investment, financial, economic, legal, accounting, or tax related advice or recommendations in this podcast. EarthLabs makes no representations, warranties, or guarantees, whether express or implied, that the content in this podcast is accurate, complete, or up to date. Any and all liability is expressly disclaimed, and EarthLabs has no responsibility or liability whatsoever for the use of this podcast.   This podcast may include content provided by third parties. All statements and/or opinions expressed by third parties are solely the opinions and the responsibility of the person or entity providing those materials. Such materials do not necessarily reflect the opinion of EarthLabs. This podcast should not be copied, distributed, published, or reproduced, in whole or in part without the express written consent of EarthLabs.EarthLabs, its affiliates and/or their respective directors, officers, employees and agents may, from time to time, buy and sell or otherwise effect transactions involving the securities of issuers which are featured or referenced in this podcast. Accordingly, EarthLabs, its affiliates and/or their respective directors, officers, employees and agents may realize significant gains or losses as a result of any variation in the price of the securities of any such issuers. EarthLabs does not endorse or accept any liability for any investment in any issuer referenced in this podcast and expressly advises listeners to rely solely on their own counsel, accountants, and other similar expert advisors for legal, accounting, tax, investment and other similar advice.

In this episode we break down why the venture space is still starved of capital — and why that might be the biggest opportunity of the cycle.

We get into:

• Why volatility is your edge (especially with warrants)

• Why most investors still don’t understand leverage in this space

• Copper hits across the portfolio

• A Nevada gold producer about to generate real cash flow

• A silver restart that could throw off serious free cash

• And another savage round of Dig It or Ditch It

00:00 – “Mining Promoter” Debate & VRIC Sentiment Shift

04:00 – Why There’s Still No Real Capital in Juniors

08:00 – The Insane Leverage of Warrants (20x Potential)

12:30 – Copper Drill Hits: Element 29, Sterling & Kingfisher

16:00 – Borealis: From Restart to Cash-Flowing Nevada Gold

27:00 – Dig It or Ditch It: Copper, Silver & Golden Triangle Plays

SOUTHERN CROSS GOLD CONSOLIDATED LTD - $SXGC

Lahontan Gold Corp. - $LG

San Lorenzo Gold Corp. - $SLG

Element 29 Resources Inc. - $ECU

Sterling Metals Corp. - $SAG

Pirate Gold Corp. - $YARR

Kingfisher Metals Corp. - $KFR

Borealis Mining Company Limited - $BOGO

Corcel Exploration Inc. - $CRCL

Silver Storm Mining Ltd. - $SVRS

Oreterra Metals Corp. - $OTMC

#investing #Stocks #ResourceInvesting #Mining #Gold #Silver #CriticalMinerals

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This podcast does not provide any investment, financial, economic, legal, accounting, or tax related advice or recommendations. The content in this podcast is not intended to amount to advice on which you should rely. You must obtain more specific or professional advice before taking, or refraining from, any action or inaction on the basis of the contents of this podcast. The information contained in this podcast does not constitute an offer to buy or sell securities or any other product and should not be relied upon to evaluate any potential transaction. The views and opinions expressed in this podcast are not necessarily those of EarthLabs Inc. ("EarthLabs") and its respective directors, employees, officers, agents, shareholders, or affiliates. EarthLabs is not providing any investment, financial, economic, legal, accounting, or tax related advice or recommendations in this podcast. EarthLabs makes no representations, warranties, or guarantees, whether express or implied, that the content in this podcast is accurate, complete, or up to date. Any and all liability is expressly disclaimed, and EarthLabs has no responsibility or liability whatsoever for the use of this podcast.   This podcast may include content provided by third parties. All statements and/or opinions expressed by third parties are solely the opinions and the responsibility of the person or entity providing those materials. Such materials do not necessarily reflect the opinion of EarthLabs. This podcast should not be copied, distributed, published, or reproduced, in whole or in part without the express written consent of EarthLabs.EarthLabs, its affiliates and/or their respective directors, officers, employees and agents may, from time to time, buy and sell or otherwise effect transactions involving the securities of issuers which are featured or referenced in this podcast. Accordingly, EarthLabs, its affiliates and/or their respective directors, officers, employees and agents may realize significant gains or losses as a result of any variation in the price of the securities of any such issuers. EarthLabs does not endorse or accept any liability for any investment in any issuer referenced in this podcast and expressly advises listeners to rely solely on their own counsel, accountants, and other similar expert advisors for legal, accounting, tax, investment and other similar advice.

Gold investing isn’t about chasing flashy drill holes — it’s about understanding systems.

In this episode, the crew sits down with Denis Laviolette to break down why orogenic gold dominates global production, why these systems go deep, and why investors consistently misprice deposits that look “small” on paper.

They dig into:

* why over 40% of all gold ever mined comes from orogenic systems

* how depth, structure, and geology create long-life, expandable mines

* why 43-101 rules flatten upside and hide optionality

* how past “small” discoveries turned into multi-million-ounce producers

* why gold markets today resemble oil cycles — uneconomic until suddenly not

0:00 – Sterling Metal ($SAG) update

9:00 – Orogenic gold runs the industry

18:00 – Why small discoveries get ignored

24:01 – 43-101 hides the real upside

34:45 – What actually matters in gold

45:00 – Dig this deal

Sterling Metals Corp. - $SAG

Pirate Gold Corp. - $YARR

New Found Gold Corp. - $NFG

Amex Exploration Inc. - $AMX

SOUTHERN CROSS GOLD CONSOLIDATED LTD - $SXGC

EQUINOX GOLD CORP. - $EQX

AYA GOLD & SILVER INC. - $AYA

Trigon Metals Inc. - $TM

Nevada King Gold Corp. - $NKG

TALON METALS CORP. - $TLO

Perseverance Metals Inc. - $PMI

#investing #Stocks #ResourceInvesting #Mining #Gold #Silver #CriticalMinerals

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This podcast does not provide any investment, financial, economic, legal, accounting, or tax related advice or recommendations. The content in this podcast is not intended to amount to advice on which you should rely. You must obtain more specific or professional advice before taking, or refraining from, any action or inaction on the basis of the contents of this podcast. The information contained in this podcast does not constitute an offer to buy or sell securities or any other product and should not be relied upon to evaluate any potential transaction. The views and opinions expressed in this podcast are not necessarily those of EarthLabs Inc. ("EarthLabs") and its respective directors, employees, officers, agents, shareholders, or affiliates. EarthLabs is not providing any investment, financial, economic, legal, accounting, or tax related advice or recommendations in this podcast. EarthLabs makes no representations, warranties, or guarantees, whether express or implied, that the content in this podcast is accurate, complete, or up to date. Any and all liability is expressly disclaimed, and EarthLabs has no responsibility or liability whatsoever for the use of this podcast.   This podcast may include content provided by third parties. All statements and/or opinions expressed by third parties are solely the opinions and the responsibility of the person or entity providing those materials. Such materials do not necessarily reflect the opinion of EarthLabs. This podcast should not be copied, distributed, published, or reproduced, in whole or in part without the express written consent of EarthLabs.EarthLabs, its affiliates and/or their respective directors, officers, employees and agents may, from time to time, buy and sell or otherwise effect transactions involving the securities of issuers which are featured or referenced in this podcast. Accordingly, EarthLabs, its affiliates and/or their respective directors, officers, employees and agents may realize significant gains or losses as a result of any variation in the price of the securities of any such issuers. EarthLabs does not endorse or accept any liability for any investment in any issuer referenced in this podcast and expressly advises listeners to rely solely on their own counsel, accountants, and other similar expert advisors for legal, accounting, tax, investment and other similar advice.