1
/
70
Recorded on September 9 2026 at NRS Studios CSE: USGD OTCQX: USGDF FWB: 1QC Warwick Smith, CEO & Director of American Pacific Mining Corp., joins Steve Yang to discuss the first assay results from the 2026 drill program at the 100%-owned Madison Copper-Gold Project in Montana and what they could mean for the scale of the system. Hole M26C-02 intersected 30.8 metres of massive sulfide mineralization grading 7.4 g/t gold, 9.62 g/t silver and 0.29% copper, including 20.1 metres grading 11.15 g/t gold, 14.3 g/t silver and 0.42% copper and 7.92 metres grading 25.33 g/t gold, 29.6 g/t silver and 0.86% copper. Smith explains why American Pacific sees the hole as more than a high-grade result. M26C-02 stepped toward the west-southwest where the mineralized zone remains open, and follow-up drilling is planned to test continuity and thickness. The interview also examines the approximately 15,000-metre Madison campaign, shallower skarn and massive sulfide targets, deeper porphyry potential, geological modeling, geochemistry and geophysics, and the longer-term objective of tying the system together toward a future resource. Smith and Yang discuss exploration risk, proving scale through additional drilling, the company’s financial position and equity holdings, and the valuation disconnect Smith believes the market has yet to recognize. Disclosure: American Pacific Mining Corp. is a sponsor of Natural Resource Stocks. Steve Yang states that he is not currently an investor, although that may change. Key Topics • M26C-02 high-grade gold, silver and copper • Southwest expansion at Madison • 15,000-metre 2026 drill program • Skarn, massive sulfide and porphyry targets • Follow-up drilling and pending assays • Path toward a potential resource • Financial position and valuation American Pacific Mining Corp. Official Website
HomeMadison Copper-Gold Project
Madison MineSeptember 9 2026 Drill Results
American Pacific Reports 20.1 Metres of 11.15 g/t Gold, 14.3 g/t Silver, and 0.42% Copper within Massive Sulfide Mineralization Remaining Open [and Thickening] to the Southwest at MadisonLinkedIn https://ca.linkedin.com/company/american-pacific-mining-corp Warwick Smith LinkedIn https://ca.linkedin.com/in/warwick-smith-796a8448 Host Steve Yang – Natural Resource Stocks Website
Natural Resource StocksYouTube Main https://www.youtube.com/@naturalresourcestocks YouTube World https://www.youtube.com/@NaturalResoureStocksWorld X https://x.com/JustSteveYang LinkedIn https://www.linkedin.com/in/thesteveyang/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok
NRS Instagram https://www.instagram.com/naturalresourcestocks/ Like the video and subscribe to Natural Resource Stocks for more resource-sector interviews. #Millettian Chapters 00:00 Cold Open – Expanding the Madison Footprint 00:49 Warwick Smith and American Pacific Mining Corp. 01:11 First 2026 Madison Drill Results 03:41 Why the Southwest Matters 05:18 Follow-Up Drilling and New Targets 08:31 Grade, Scale and Exploration Risk 09:35 Fully Funded 15,000-Metre Program 11:30 Phase One and Phase Two Strategy 13:03 Why M26C-02 Stands Out 14:41 Path Toward a Resource 15:57 Deeper Porphyry Target 17:01 How Drill Targets Are Selected 18:45 The Valuation Disconnect 20:38 What Investors Should Watch Next 21:31 Closing and Contact Information The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.@natural.resource.stocks
Recorded on September 7, 2026 at NRS Studios TSXV: SGO OTCQB: SMOFF FRA: 23SP Andy Millette interviews Kenneth MacLeod, President & CEO of Sonoro Gold Corp., about the company’s expanded Cerro Caliche gold project in Sonora, Mexico, its ongoing 50,000-metre drilling campaign, and the work required to advance a proposed open-pit heap-leach operation through permitting. MacLeod explains how drilling identified mineralization in areas previously modeled as waste and how that information may affect the next resource estimate and mine plan. The conversation examines connecting existing pit shells, potentially improving the strip ratio, and using future mine cash flow to support exploration. The interview also covers Sonoro’s expanded concession position. Since January 2026, the company reports that Cerro Caliche grew from 1,350 hectares to 8,215 hectares, plus a 51 percent interest in another 454 hectares. MacLeod discusses historical exploration data and additional drilling targets. Sonoro’s updated 2026 preliminary economic assessment outlines a potential ten-year, 16,000-tonne-per-day open-pit heap-leach operation. MacLeod discusses environmental engineering, SEMARNAT, expected assay news, and the milestones investors should watch. Disclosure: Sonoro Gold Corp. is a sponsor of NaturalResourceStocks.net. Andy states in the interview that he is an investor, participated in a financing, and owns warrants in the company. KEY TOPICS • Cerro Caliche gold project in Sonora, Mexico • Updated MIA permitting and engineering work • Proposed 16,000-tonne-per-day heap-leach operation • Ongoing 50,000-metre drilling campaign • Mineralization in areas previously modeled as waste • Potential connection of existing pit shells • Expanded mineral-concession position • Near-term assay and permitting catalysts SONORO GOLD CORP. Website: https://sonorogold.com/ Technical Reports: https://sonorogold.com/technical-reports X: https://twitter.com/SonoroGold Facebook: https://www.facebook.com/sonorogold LinkedIn: https://www.linkedin.com/company/sonoro-gold-corp/ Instagram: https://www.instagram.com/sonorogold/ YouTube: https://youtube.com/@sonorogoldcorp KENNETH MACLEOD Company Profile: https://sonorogold.com/directors-management LinkedIn: https://ca.linkedin.com/in/kenneth-macleod HOST ANDY MILLETTE — NATURAL RESOURCE STOCKS Website: https://naturalresourcestocks.net/ YouTube Main: https://www.youtube.com/@naturalresourcestocks YouTube World: https://www.youtube.com/@NaturalResoureStocksWorld X: https://x.com/theandymillette LinkedIn: https://www.linkedin.com/in/andymillette/ NRS LinkedIn: https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook: https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok: https://www.tiktok.com/@natural.resource.stocks NRS Instagram: https://www.instagram.com/naturalresourcestocks/ Review the technical information, conduct your own due diligence, and subscribe for more NRS interviews. #Millettian CHAPTERS 00:00 Cold Open — Waste Ground Turns Productive 01:08 Kenneth MacLeod and Sonoro Gold Corp. 01:51 MIA Update and the 16,000-Tonne Plan 05:21 Cerro Caliche Expansion 06:07 Resource Scale and Project Economics 07:35 New Mineral Concessions 09:44 Evaluating the Expanded Land Position 11:00 Production and Exploration Strategy 11:52 The 50,000-Metre Drilling Program 13:35 Connecting the Pit Shells 15:21 Phase Two Drilling Targets 16:36 Sponsor and Ownership Disclosure 17:21 Upcoming Assays and Permit Outlook 19:32 Eastern Concession Strategy 20:05 Tickers and Investor Information The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.
Recorded on September 8 2026 at NRS Studios TSX: SAM OTCQX: SHVLF Steve Yang interviews Robert Eadie, President, CEO and a Director of Starcore International Mines Ltd., about how an established Mexican gold-and-silver producer is working to build three revenue streams from one operating platform. The conversation centers on the San Martin Mine in Querétaro, regular ore production, the newer carbonaceous ore circuit and the La Tortilla silver project. Eadie explains the plant upgrades, how the processing streams are intended to work together, and why existing personnel, equipment and infrastructure can benefit a new drill program. For the year ended April 30 2026, Starcore reported C$12.3 million in cash, C$9.7 million in working capital, C$44.3 million in gold-and-silver sales and C$13.6 million in income from mining operations. Its investor materials describe the company as debt free. The interview also covers airborne geophysics, target selection and why drilling remains the final test. Eadie also discusses mine-life replacement, production goals, reinvestment and the Toiyabe, Ajax and El Creston assets. His forward-looking comments are management goals and opinions, not guaranteed outcomes. For full disclosure, Steve states that he is an investor, several members of Natural Resource Stocks are investors, and Starcore is an NRS sponsor. Key Topics: • Starcore’s three-revenue-stream strategy • San Martin gold and silver production • Carbonaceous ore processing and plant upgrades • La Tortilla permitting and development • Debt-free balance sheet and capital allocation • Airborne geophysics and new drill targets • Mine-life replacement and production goals • Toiyabe, Ajax and El Creston optionality • Valuation, catalysts and execution risks Official Starcore International Mines Ltd. Links: Website: https://starcore.com/ Investor Centre: https://starcore.com/investors-overview/ San Martin Mine: https://starcore.com/projects/producing/san-martin/ Projects and La Tortilla: https://starcore.com/projects/exploration-projects/ Robert Eadie: Company Profile: https://starcore.com/?team=robert-eadie LinkedIn: https://ca.linkedin.com/in/robert-eadie-a9322795 Steve Yang — Natural Resource Stocks: Website: https://naturalresourcestocks.net/ YouTube Main: https://www.youtube.com/@naturalresourcestocks YouTube World: https://www.youtube.com/@NaturalResoureStocksWorld X: https://x.com/JustSteveYang LinkedIn: https://www.linkedin.com/in/thesteveyang/ NRS LinkedIn: https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook: https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok: https://www.tiktok.com/@natural.resource.stocks NRS Instagram: https://www.instagram.com/naturalresourcestocks/ Follow Natural Resource Stocks for grounded conversations with resource-company management and independent market voices. #Millettian Chapters: 00:00 Three Revenue Streams 00:49 Starcore Overview and Tickers 01:57 San Martin and La Tortilla 02:42 Debt-Free Balance Sheet 04:20 San Martin Exploration Scale 06:19 Exploration Strategy 08:46 Mexico Mining Environment 09:17 Upcoming Exploration Milestones 10:25 Operating-Mine Infrastructure 12:03 Geophysics and Geological AI 14:29 Extending San Martin Mine Life 15:12 Growth Benchmarks 16:24 Plant Expansion and Revenue Streams 17:27 Production and Drilling Goals 18:27 Valuation and Comparable Producers 19:20 Unrecognized Exploration Value 19:52 Toiyabe, Ajax and El Creston 21:17 News and Reinvestment Priorities 22:22 Patience Through the Resource Cycle 23:29 Website, Tickers and Disclosure The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.
Recorded on September 4 2026 at NRS Studios TSX: HMMC OTCQX: HMMCF Steve Yang speaks with Jonathan Awde, Executive Chair of the Board at Hemlo Mining Corp., about the operating, exploration and capital-allocation strategy for the Hemlo Gold Mine in northwestern Ontario. Hemlo Mining Corp. acquired the producing Hemlo operation from Barrick Mining Corporation in November 2025. The company owns 100 percent of a gold camp with approximately 25 million ounces of historical production, more than 45,000 hectares and a 10,000-tonne-per-day mill. Jonathan explains why management believes the infrastructure and mineralized system could support higher production and a longer mine life. The discussion covers Hemlo's phased ramp-up from approximately 3,800 tonnes per day, its target of 4,800 tonnes per day by the end of 2026 and the work required to approach nameplate mill capacity. Jonathan outlines the owner-operator transition, new equipment, workforce expansion and underground development intended to reduce bottlenecks. Hemlo Mining is advancing an approximately 130,000-metre drilling program focused on resource conversion, mine-plan confidence and growth targets. Drilling, mine planning and an open-pit trade-off study are expected to support an updated technical report in the second half of 2027. Jonathan discusses free cash flow, debt reduction, institutional ownership, management alignment and the valuation gap he believes remains between Hemlo and Canadian single-asset gold producers. He also explains the team's acquisition criteria and preference for disciplined execution over promotion. Hemlo Mining Corp. and Jonathan Awde did not pay for this interview. Steve states that he is not currently an investor, although that may change. KEY TOPICS Hemlo Gold Mine production and mill capacity Phased ramp-up and owner-operator transition 130,000-metre drilling program Resource conversion and exploration upside Updated 2027 technical report Free cash flow and debt reduction Insider ownership and shareholder alignment Future acquisition criteria HEMLO MINING CORP. Website: https://www.hemlomining.com/ LinkedIn: https://www.linkedin.com/company/hemlo-mining/ X: https://x.com/hemlomining Facebook: https://www.facebook.com/hemlo.mining YouTube: https://www.youtube.com/@HemloMiningCorp Corporate Presentation: https://www.hemlomining.com/_resources/presentations/corporate-presentation.pdf STEVE YANG – NATURAL RESOURCE STOCKS Website: https://naturalresourcestocks.net/ YouTube Main: https://www.youtube.com/@naturalresourcestocks YouTube World: https://www.youtube.com/@NaturalResoureStocksWorld X: https://x.com/JustSteveYang LinkedIn: https://www.linkedin.com/in/thesteveyang/ NRS LinkedIn: https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook: https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok: https://www.tiktok.com/@natural.resource.stocks NRS Instagram: https://www.instagram.com/naturalresourcestocks/ Like the interview, subscribe and share your view in the comments. #Millettian CHAPTERS 00:00 Cold Open 00:52 Jonathan Awde and Hemlo Mining Corp. 02:01 Acquiring the Hemlo Gold Mine 03:53 Production and mill capacity 06:22 What the market may be missing 08:00 Comparable Canadian gold producers 09:24 Workforce and owner-operator transition 12:03 Phased production ramp-up 14:26 Infrastructure and exploration upside 18:07 Acquisition criteria and technical discipline 22:40 Valuation and execution 26:24 Share structure and insider alignment 28:39 Rick Rule and management quality 32:12 Interview disclosure and closing The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.
Recorded on September 7, 2026 at NRS Studios. CSE: FNAU OTCQB: FNAUF FSE: F8NA Andy Millette interviews Four Nines Gold Inc. CEO and Director Charles Ross and VP Exploration and Director David Flint about the Hayden Hill Gold-Silver Project in Lassen County, California. Four Nines Gold sponsors NaturalResourceStocks.net. Andy states that he was not an investor when recorded and that this could change. Conduct independent due diligence. Nothing here is investment advice. The discussion covers the team’s modern three-dimensional interpretation of Hayden Hill, structurally controlled veins, hydrothermal breccias, deeper feeder targets, and why drilling perpendicular to interpreted veins can clarify thickness, grade, and surrounding mineralization. Hayden Hill is a past-producing mine on private land. Four Nines Gold has the right to acquire 100 percent of the project from a Kinross Gold U.S.A., Inc. subsidiary. Historical operations recovered about 480,000 ounces of gold and 1.3 million ounces of silver. Historical exploration included 99,862 meters in 742 holes and averaged less than 150 meters in depth. There has been no systematic exploration since the mine closed in 1997. Charles discusses permitting, local support, financing, and strategic shareholders. David reviews his discovery and mining background before explaining Hayden Hill’s low-sulfidation epithermal setting. The guests also cover processing options, Hole 6, and pending assays. Geological observations are not assay results, and exploration targets are not mineral resources or reserves. Key Topics Hayden Hill geology and vein orientation Private land, permitting, and local support Historical exploration and deeper targets David Flint’s discovery and mining background Financing, share structure, drilling, and assays Four Nines Gold Inc. Website https://www.fourninesgold.ca/ Hayden Hill Project https://www.fourninesgold.ca/hayden-hill Latest Drill Update https://www.fourninesgold.ca/20260825-four-nines-gold-intersects-hydrothermal-breccia-in-first-three-holes-at-hayden-hill Management and Directors https://www.fourninesgold.ca/management LinkedIn https://www.linkedin.com/company/fourninesgoldinc/ YouTube https://www.youtube.com/@fourninesgoldinc X https://x.com/FourNinesGold Guest Links Charles Ross https://www.fourninesgold.ca/management David Flint https://www.linkedin.com/in/david-flint-66a19b12 Host Andy Millette Natural Resource Stocks Website https://naturalresourcestocks.net/ NRS Main https://www.youtube.com/@naturalresourcestocks NRS World https://www.youtube.com/@NaturalResoureStocksWorld X https://x.com/theandymillette LinkedIn https://www.linkedin.com/in/andymillette/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok https://www.tiktok.com/@natural.resource.stocks NRS Instagram https://www.instagram.com/naturalresourcestocks/ Subscribe to NRS Main and share your due-diligence questions. Join the #Millettian community for more natural-resource interviews. Chapters 00:00 Vein Orientation and Historical Miss 00:50 Four Nines Gold Introduction 01:02 Sponsor and Investment Disclosure 01:23 Company and Jurisdiction 02:39 County-Level Permitting 04:28 Private Land and Kinross History 05:39 Exploration Thesis 07:16 David Flint’s Background 11:50 Hayden Hill Epithermal Geology 13:21 Vein Orientation and Drill Strategy 14:02 Data and Processing Options 15:03 Financing and Share Structure 16:36 Trading Symbols and Catalysts 17:29 Drill Progress and Pending Assays 17:54 Closing The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.
Recorded on September 3, 2026 at NRS Studios TSXV: ARK OTCQB: ARRKF Steve Yang interviews Darren Klinck, President & Director of Arras Minerals Corp., about the Elemes copper-gold program in northeastern Kazakhstan, 2018 mining-law reforms and the infrastructure and costs shaping the investment case. The Elemes and Aimandai licences cover roughly 530 square kilometres within Arras Minerals’ broader 3,300-square-kilometre land package. Klinck says the company advanced from just over 4,000 metres of drilling to 10,000 metres in 2025, expanded to four rigs in 2026 and doubled this year’s plan to 40,000 metres. He expects cumulative 2024-2026 drilling to reach roughly 54,000 metres. He describes an early-stage, gold-rich copper-gold porphyry system with three porphyry centres—Berezski North, Berezski Central and Berezski East—across an approximately 10-kilometre mineralized geochemical envelope. Klinck also reviews 145 million shares outstanding, no warrants, institutional ownership of about one-third, and management and board ownership of approximately 6%. He discusses the C$25 million bought-deal financing, C$27 million of cash and a runway he believes could extend toward the back end of 2027, depending on program scope. The interview also covers the team, assay timing and the next six to twelve months of potential news flow. Forward-looking statements remain subject to exploration, financing and execution risk. Steve Yang states that he is not currently an investor in Arras Minerals Corp. and that Darren Klinck and Arras Minerals did not pay for this interview. Key Topics • Kazakhstan’s mining framework • Elemes and Aimandai licences • Copper-gold porphyry exploration under cover • Four-rig, 40,000-metre 2026 drill program • Infrastructure, energy and drilling-cost advantages • Share structure, institutional ownership and insider alignment • C$25 million financing and exploration runway • Assay pipeline and upcoming catalysts Arras Minerals Corp. Website: https://www.arrasminerals.com/ Elemes Project: https://www.arrasminerals.com/our-projects/elemes LinkedIn: https://www.linkedin.com/company/arrasminerals X: https://x.com/arrasminerals YouTube: https://www.youtube.com/@ArrasMinerals Darren Klinck LinkedIn: https://www.linkedin.com/in/darren-klinck-6275464b/ Host Steve Yang – Natural Resource Stocks Website: https://naturalresourcestocks.net/ YouTube Main: https://www.youtube.com/@naturalresourcestocks YouTube World: https://www.youtube.com/@NaturalResoureStocksWorld X: https://x.com/JustSteveYang LinkedIn: https://www.linkedin.com/in/thesteveyang/ NRS LinkedIn: https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook: https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok: https://www.tiktok.com/@natural.resource.stocks NRS Instagram: https://www.instagram.com/naturalresourcestocks/ For more natural-resource investor interviews, like and subscribe. #Millettian Chapters 00:00 Cold Open: 40,000-Metre Elemes Program 00:41 Arras Minerals and Kazakhstan Focus 01:46 Why Kazakhstan and Mining Reform 05:28 Permitting and Operating Environment 07:59 Cost Advantages and Infrastructure 10:35 Elemes Scale and Exploration Method 13:10 Four-Rig, 40,000-Metre Drill Program 13:58 Three Porphyry Centres and 10-Kilometre Trend 15:45 Bozshakol and Aktogay Cost Benchmark 17:40 Share Structure and Institutional Ownership 19:36 C$25 Million Financing and Exploration Runway 20:24 Management Ownership and Team 22:57 Catalysts, Oyu Tolgoi and Assay Pipeline 25:52 Disclosure and Contact Information The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.
Recorded on September 2 2026 at NRS Studios Jeff Phillips, VP Business Development & Co-Founder of Geomorphic AI, joins Natural Resource Stocks host Andy Millette to discuss junior resource investing, gold, copper, portfolio construction, management quality, share structure and four companies Phillips follows closely. Phillips explains why he believes fall and winter can be constructive for resource stocks while stressing that junior mining remains highly speculative. He lays out his long-term copper thesis around underexploration, harder-to-find deposits and copper demand across infrastructure and data centers. The company discussion covers GreenLight Metals Inc. and its Wisconsin Bend copper-gold VMS Project; Daura Gold Corp. and gold-silver exploration in Argentina and Peru; Empress Royalty Corp. and its gold and silver royalty and streaming model; and Headwater Gold Inc., which leads into a detailed explanation of prospect generators and partner-funded exploration. Daura's discussion includes Cerro Bayo and Antonella-Libélulas, while the Headwater segment covers partnerships with Newmont, OceanaGold and Centerra Gold. Phillips closes with a practical due-diligence framework: keep the portfolio manageable, study whether management has built or sold something before, examine insider ownership and share structure, and determine whether management is aligned with shareholders. Disclosures stated in the interview: Andy Millette says he owns shares of GreenLight Metals Inc. and Empress Royalty Corp. and that GreenLight Metals Inc. sponsors Natural Resource Stocks. Jeff Phillips says he is a shareholder and consultant to GreenLight Metals Inc., Daura Gold Corp., Empress Royalty Corp. and Headwater Gold Inc. Key Topics Gold and junior resource stocks Copper underexploration and supply AI infrastructure and copper demand GreenLight Metals Inc. and Bend Daura Gold Corp. in Argentina and Peru Empress Royalty Corp. royalties and streams Headwater Gold Inc. and prospect generators Portfolio concentration and due diligence Management track record and alignment Share structure and dilution Jeff Phillips Geomorphic AI https://www.geomorphic.ai/ LinkedIn https://www.linkedin.com/company/geomorphic-ai/ Company Websites Mentioned GreenLight Metals Inc.
HomeDaura Gold Corp. https://dauragold.com/ Empress Royalty Corp. https://www.empressroyalty.com/ Headwater Gold Inc.
Home of HeadwaterHost Andy Millette – Natural Resource Stocks Website
Natural Resource StocksYouTube Main https://www.youtube.com/@naturalresourcestocks YouTube World https://www.youtube.com/@NaturalResoureStocksWorld X https://x.com/theandymillette LinkedIn https://www.linkedin.com/in/andymillette/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok
NRS Instagram https://www.instagram.com/naturalresourcestocks/ Like and subscribe for more serious resource-investing interviews. #Millettian Chapters 00:00 Management Quality and Alignment 00:57 Jeff Phillips Joins Andy Millette 01:17 Gold and Resource Stock Outlook 03:01 The Long-Term Copper Thesis 05:30 GreenLight Metals and Bend 09:02 Daura Gold in Argentina and Peru 12:11 Empress Royalty and Streaming 15:20 Headwater Gold 15:56 How Prospect Generators Work 18:45 Portfolio Risk and Concentration 20:30 Management Track Record and Share Structure 21:40 Lifestyle Companies and Educated Speculation 21:59 Closing Thoughts The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.@natural.resource.stocks
1
/
70
