I send a free weekly newsletter containing a 5-minute summary of each Resource Talks interview from the previous week. Here's the lineup from week 23: 1️⃣ High-Grade Rare Earths, But Can The Metallurgy Actually Work? ⟶ @neotechmetals $NTMC.CN 2️⃣ 4Moz Gold Target in Quebec, But Is the Grade Strong Enough at Depth? ⟶ @RDSMining $RDS.V 3️⃣ Giant Gold-Silver Target in Nevada, But Why Has No One Drilled It Before? ⟶ @ToogoodGold $TGC.V 4️⃣ Large Near-Surface Gold-Silver Project, But Why Did Others Walk Away? ⟶ @EvergoldC $EVER.V 5️⃣ 4 Free Tools That Expose Mining Promoter Lies (an Engineer's Guide) ⟶ @KJKLtd -- Full interviews and free newsletter linked below.

I send a free weekly newsletter containing a 5-minute summary of each Resource Talks interview from the previous week. Here's the lineup from week 23: 1️⃣ High-Grade Rare Earths, But Can The Metallurgy Actually Work? ⟶ @neotechmetals $NTMC.CN 2️⃣ 4Moz Gold Target in Quebec, But Is the Grade Strong Enough at Depth? ⟶ @RDSMining $RDS.V 3️⃣ Giant Gold-Silver Target in Nevada, But Why Has No One Drilled It Before? ⟶ @ToogoodGold $TGC.V 4️⃣ Large Near-Surface Gold-Silver Project, But Why Did Others Walk Away? ⟶ @EvergoldC $EVER.V 5️⃣ 4 Free Tools That Expose Mining Promoter Lies (an Engineer's Guide) ⟶ @KJKLtd -- Full interviews and free newsletter linked below.

What red flags does a mining engineer watch out for in polymetallic deposits? Ken Kuchling, P.Eng (@KJKLtd) was kind enough to put up with me for almost an hour in a recent long-from conversation, and this particular clip was particularly important.

Sometimes in exploration, a company can have great targets (strong IP, coincident soils, textbook structure, etc, etc) but then it still all goes sideways the second they ignore downhole conditions...? Clay-altered rock, shears, fractured zones, etc can destroy core recovery if the company didn’t adjust for them. And sometimes, it can destroy core recovery even when/if the company did adjust for them because some rocks are just harder to drill into than others. The result is the same tho. A data gap that no amount of surface geochem or geophysics can fill. Core isn’t a byproduct in exploration. It is the product. Paying attention to real-time drilling indicators and having contingency plans for alteration zones is non-negotiable. Even at $500 per metre all-in, a single 40-metre washout burns a lot of real capital with nothing to show for it. Poor recovery in some zones isn’t just bad luck, it’s can be a direct reflection of how seriously the issuer treats execution. You don’t need to be geologist to stay ahead of this risk. Ask issuers direct questions about the actual drilling conditions, any alteration they hit, the recovery percentages, and exactly what adjustments were made on the fly. Those answers tell you everything about execution quality long before the assays come back. Ask & dig. I did, in our recent interview with @EvergoldC $EVER.V. The CEO's answer is in the clip below. The full interview is on YT and wherever you get your pods.

In early-stage exploration, everyone gets excited about the high-risk high-reward bet, and that makes sense ... kinda. But there’s one basic question that I kept forgetting to ask. What happens if this high-risk bet fails? Because most of the time in this sector, the big swing misses. The anomaly doesn’t materialise, the grades aren’t economic, or the structure pinches out, etc. And thats all fine, it's the name of the game here. But when that happens, does the company have cash left to pivot? A legit backup target? A plan that doesn’t involve a 50 % dilution at 3 cents? Or is it just crickets and another desperate financing? The contingency plan is the part almost nobody wants to talk about, until the drill results come back weak and the share price is already down 70 %. We need to start asking this question early and often. Ask management to lay out exactly what happens if they miss and how much runway they have, what the Plan B actually looks like, and how they protect shareholder capital when the primary thesis doesn’t work. Ask & dig. @MiningCatalyst did, in our recent interview with @ToogoodGold $TGC.V. The CEOs answer is in the clip below. The full interview is on YT and wherever you get your pods.

Are those assays even good? How could I know as a non-geo? The entire business of exploration is finding mines, not drilling for assays. High-grade intercepts in narrow veins, weird metallurgy, remote locations, or ridiculous strip ratios can look fantastic on paper and still be completely unmineable once you run the real numbers on capex, opex, recovery, and permitting, etc. To know if a drill result is good, just run the “is this mineable” filter. Look past the headline grade and ask about width, depth, continuity, metallurgy, infrastructure, etc. If the answer isn’t obvious and backed by an engineering context, you have more work. Ask & dig. I did, in our recent interview with @RDSMining $RDS.V. The CEOs answer is in the clip below. The full interview is on YT or wherever you get your pods.

We all know companies love over-inflating the numbers in their economic studies. But what's gets manipulated the most and how should I look out for that? Luckily for you, it's @KJKLtd answering that question below.

It’s easy to get caught up when management pitches the big idea. Whether it’s a new metallurgy flow sheet, scaling a high-grade underground operation into an open pit, unlocking that historic resource that promises to change everything, or w/e really... there are too many examples to list. And it’s always gonna sound and look great on a deck. But the question is whether what they’re promising has actually been done successfully at scale before (not in a lab, not in a small pilot, but in real commercial conditions). A lot of the times, the same approach has been tried by other teams, sometimes even by the same management, and it didn’t work when and how it should've. Costs blew out, recoveries fell short, timelines slipped, or w/e. And that's ok, too. Failure is a big part of this industry and a big part of how new developments become succesful. But blindly trusting the pitch without checking the track record could leave you holding the bag when reality shows up. You don’t need to be an expert on every little detail in mining to protect your position either. Look at whether the key objective has ever worked at scale, and if it hasn’t, ask management directly why it didn’t work before, and exactly what they could be doing differently this time. Ask & dig. I did, in our recent interview with @neotechmetals $NTMC.CN. The CEO's answer is in the clip below. The full interview is on YT and wherever you get your pods.