“We've grown a lot. We value speed, and we think it makes an impact on shareholder returns … Our long-term target is to be a 500,000 ounce annual producer at the end of the decade,” shared CEO Charles Funk.
Heliostar Metals (TSXV:HSTR,OTCQX:HSTXF) acquired La Colorada in Sonora during the project’s shutdown, initially restarting it with stockpiles. The company is now working toward expanding the 50,000 ounce Veta Madre pit at the project.
Speaking to the Investing News Network at the Precious Metals Summit in Beaver Creek, Colorado, CEO Charles Funk said that Heliostar is targeting another 20,000 ounces for Veta Madre following receipt of a permit in 2025.
"We'll be adding extra material in Q2 next year that'll return La Colorada to primary production again, which is a great milestone for us," he said.
Meanwhile, the feasibility study for the company's flagship development, Ana Paula in Guerrero, is about a third done and due in Q2 next year. A construction decision is planned for the middle of 2027, with first gold targeted for the end of 2028. The study targets 10 years of production at 100,000 ounces per year.
"We believe we can bring Ana Paula online without issuing further equity," Funk said.
Watch the full interview with Heliostar Metals CEO Charles Funk above.
Domestic Metals (TSXV:DMCU,OTCQB:DMCUF,FWB:03E0) President and CEO Gordon Neal discussed the drill program now underway at the Smart Creek project in Montana.
Speaking with the Investing News Network at the Precious Metals Summit in Beaver Creek, Neal emphasized that Rio Tinto's (ASX:RIO,NYSE:RIO,LSE:RIO) best hole at Smart Creek returned 109.73 meters at 0.75 percent copper.
The company is drilling at an angle to test its interpretation that the mineralization is a dipping structure.
Domestic Metals is earning up to a 60 percent interest in the project through an option agreement with Rio Tinto.
Watch the full interview with Domestic Metals President and CEO Gord Neal above.
Stillwater Critical Minerals (TSXV:PGE,OTCQB:PGEZF) President and CEO Michael Rowley announced that the company upgraded the mineral resource for its flagship Stillwater West project.
The company's August 2026 mineral resource estimate more than doubles the inferred resource and adds a maiden indicated resource of 29.4 million tonnes grading 0.38 percent total nickel equivalent. The inferred resource totals 805.1 million tonnes grading 0.34 percent total nickel equivalent.
"The model is working," Rowley said at the Precious Metals Summit in Beaver Creek. Next, the company plans to convert inferred pounds and ounces to indicated and build out metallurgy, engineering and community studies.
Rowley said the polymetallic mix of nickel, copper, cobalt, platinum-group metals, gold and chromium gives the company flexibility through commodities cycles. He added that strategic investor Glencore (LSE:GLEN,OTCPL:GLCNF) has "written three checks in three years."
Watch the full interview with Stillwater Critical Minerals President and CEO Michael Rowley above.
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
Ronald-Peter Stoeferle of Incrementum shares his thoughts on gold, identifying several price triggers that he believes will drive the yellow metal higher.
Those include a change in messaging from the US Federal Reserve and a US dollar bear market.
"I think we've got still two, three, four good years ahead," said Stoeferle.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Speaking at the Beaver Creek Precious Metals Summit, Blue Jay Gold (TSXV:JAY,OTCQB:JAYGF) CEO and Director Geordie Mark said, "We see the opportunity to expand this resource aggressively over the next few campaigns."
Mark discussed the company's Steller gold project in the Yukon. Recently, the company reported that hole SC26-003 at Skukum Creek intersected 14 meters of 6.15 grams per tonne (g/t) gold and 124 g/t silver (8.04 g/t gold equivalent), a step out of about 32 metres down plunge from previous drilling.
"It's good continuity on structure, good continuity on grade and we see the whole system open to depth," Mark said.
At the Becker-Cochran prospect, explored for antimony in the 1960s, preliminary metallurgical testing produced a concentrate grading 66.9 percent antimony at 93.9 percent recovery, above the 60 percent premium threshold the company cites.
Drilling is expected to continue into October, with results through January 2027.
Watch the full interview with Blue Jay Gold CEO Geordie Mark above.
Nuvau Minerals (TSXV:NMC,OTCPL:NMCPF) is working to restart base metals production in Québec's Matagami camp. It has owned the camp outright since March after closing its acquisition of the property from Glencore (LSE:GLEN,OTCPL:GLCNF), and that has opened the 1,380 square kilometer property to gold exploration for the first time.
Speaking at the Precious Metals Summit in Beaver Creek, CEO Christina McCarthy highlighted recent results from the Thundermine target area. Hole TH-26-08 returned 138.87 grams per tonne (g/t) gold over 4.45 meters. TH-26-11, a 50 meter step out, intersected 17.37 g/t gold over 2.4 meters.
Nuvau holds the fully permitted Bracemac-McLeod mine, also on the property, and an option to buy a fully permitted mill for $5 million. That purchase can't go ahead until Glencore submits its closure study to the government. In the meantime, the company is permitting a new tailings facility, which McCarthy said typically takes about two years
"I believe it'll be somewhere around in 2029 that we're actually … producing and cashflowing," she said.
Watch the full interview with Nuvau Minerals CEO Christina McCarthy above.
