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This week on the KE Report, we spotlighted gold, copper, and royalty companies executing major drill programs, delivering updated resource estimates, and pushing forward with development. From West Africa to Ireland to the Yukon, the updates reflect a strong blend of technical progress and strategic pivots.

Goliath Resources (TSX.V: GOT) – 40,000m Drill Program Begins With New Geological Insights

• Launching its largest-ever drill campaign at Golddigger with re-logging of legacy core supporting the new geological model.

• Aims to expand the Surebet Zone and Bonanza Shear discovery.

• Fresh approach could significantly redefine the resource scale.
  👉 Listen to the full interview

Vista Gold (NYSE/TSX: VGZ) – Mt Todd Optimizations Ahead of New Feasibility Study

• 9.4Moz Aussie gold project is being re-evaluated with cost-cutting in mind.

• Updated feasibility will reflect changes in economics, metallurgy, and mine planning.

• On track to make Mt Todd more attractive in today’s inflationary cost environment.
  👉 Listen to the full interview

Thor Explorations (TSX.V: THX) – Operations and Exploration Updates Across West Africa

• Q1 2025 results from Segilola show continued steady production.

• Exploration ramping up at Douta and early-stage Côte d’Ivoire projects.

• Doubling down on becoming a multi-asset West African gold producer.
  👉 Listen to the full interview

Mako Mining (TSX.V: MKO) – Expanding San Albino and Prepping Second Mine Start

• Q1 production metrics from San Albino and development at Eagle Mountain.

• Mining starts at the Moss Mine in June.

• Transitioning into a multi-mine producer with a high-margin portfolio.
  👉 Listen to the full interview

Sitka Gold (CSE: SIG) – Visible Gold and 30,000m Drilling at RC Gold

• Early holes already hitting visible gold in the Yukon.

• Focused on expanding Blackjack Zone with deeper high-grade targets.

• 30,000-meter drill program is fully funded and underway.
  👉 Listen to the full interview

Elemental Altus Royalties (TSX.V: ELE) – Royalties Expanding With M&A and New Financing Paths

• Updates on multiple partner-operated projects, including Hercules and SKO.

• $250M Laverton gold royalty deal adds immediate cash flow.

• Engaging a new advisor to secure project financing for Cactus.
  👉 Listen to the full interview

Axo Copper (TSX.V: AXO) – New High-Grade Copper Player in Mexico Launches With Strong Backing

• Introducing a focused copper exploration and development story in Jalisco.

• Backed by Osisko Development and led by the former Discovery Silver CEO.

• First drilling to begin shortly at the Bascula project.
  👉 Listen to the full interview

Gold Hunter Resources (CSE: HUNT) – Newfoundland Gold Consolidation and Drill Prep

• Great Northern Gold Project continues to grow in size and scale.

• Strategic land acquisition to enable more aggressive exploration.

• Upcoming drilling to test historical and new high-priority targets.
  👉 Listen to the full interview

Omai Gold Mines (TSX.V: OMG) – Advancing Towards Updated PEA With Resource Growth

• Targeting combined Wenot + Gilt Creek resource model.

• Aims to optimize scale and mine plan before next engineering stage.

• Major drilling progress made across both zones.
  👉 Listen to the full interview

Emerita Resources (TSX.V: EMO) – Updated Resource and Strong Gold Recoveries at IBW

• IBW resource estimate sees substantial tonnage and grade growth.

• 81.5% gold recoveries in new metallurgical testing.

• Also shares critical update on Aznalcóllar court proceedings.
  👉 Listen to the full interview

Group Eleven Resources (TSX.V: ZNG) – High-Grade Copper and Silver Hit in Ireland

• Strong drill intercepts from Ballinalack Project.

• Highlighted by 2.9m of 2.1% Cu and 132 g/t Ag.

• Supports exploration model for shallow, high-grade targets.
  👉 Listen to the full interview

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📩 Got questions for the companies we interview or want us to cover a specific stock? Email us anytime at Fleck@kereport.com and Shad@kereport.com.