PGE.V, HSTR.V, VMET.TO, SCOT.V, GPAC.V, TSG.V, ANDC.V, PNPN.V, PINN.V, WRLG.V, GQC.V

11 fresh mining and royalty interviews this week, spanning critical minerals, near-term gold production growth, royalty cash flow, district-scale copper stories, and a wave of 2026 drill and development catalysts.

This week’s interviews had a clear theme: companies are pushing beyond broad stories into visible 2026 catalysts. Stillwater Critical Minerals (TSX.V: PGE) is moving toward an updated resource, Heliostar Metals (TSX-V: HSTR) is talking real production growth, Versamet Royalties (TSX/Nasdaq: VMET) is showing record financial momentum, and a long list of explorers and developers are advancing drill programs, project studies, and permitting milestones across gold, silver, copper, and polymetallic assets.

Stillwater Critical Minerals (TSX.V: PGE)

A U.S. critical minerals story getting more defined

• The 2025 campaign is complete, with 3,471 meters in eight holes and more assays still to come.

• Management is tying multiple Platreef-style zones into a bigger district-scale picture.

• An updated mineral resource estimate is targeted for late H1 2026.
  Interview link: https://www.kereport.com/2026/03/16/stillwater-critical-minerals-a-visual-exploration-update-of-the-2025-drill-program-and-key-catalysts-in-2026/

Heliostar Metals (TSX-V: HSTR)

From producer to growth story

• Production guidance was lifted 60%, with 50,000 to 55,000 ounces now targeted this year.

• The company sees an organic path toward 300,000 ounces, with an even bigger long-term target beyond that.

• Nine rigs are turning as Heliostar balances feasibility work and mine-life expansion.
  Interview link: https://www.kereport.com/2026/03/16/heliostar-metals-operations-exploration-update-2026-production-growth-9-drill-rigs-turning/

Versamet Royalties (TSX/Nasdaq: VMET)

Royalty growth is showing up in the numbers

• Q4 revenue hit a record $18.4 million, up 465% year over year.

• Attributable GEOs reached 4,430, while operating cash flow and adjusted EBITDA also posted record levels.

• Management is looking ahead to more mid-sized royalty and streaming deals as production assets ramp.
  Interview link: https://www.kereport.com/2026/03/16/versamet-royalties-record-q4-and-fy2025-financials-growth-in-production-assets-ramping-up-and-through-mid-sized-acquisitions/

Scottie Resources (TSXV: SCOT)

Blueberry keeps delivering, and the next phase is bigger

• Final 2025 drill results continue to support the Blueberry Contact Zone story.

• A fully funded 50,000 metre 2026 drill program is now in focus.

• The bigger payoff comes later, with resource and feasibility work expected after both major drill seasons are integrated.
  Interview link: https://www.kereport.com/2026/03/17/scottie-resources-final-2025-drill-results-from-the-blueberry-contact-zone-looking-ahead-to-fully-funded-50000-metre-2026-drill-program/

Great Pacific Gold (TSX.V: GPAC)

Wild Dog is opening up in multiple directions

• The first Kavasuki hole returned 58.9 metres at 2.5 g/t AuEq.

• Management is testing whether Kavasuki and Sinivit connect into one larger corridor-scale system.

• A second rig is already testing the maiden Kasie Ridge target, with early visuals showing chalcopyrite.
  Interview link: https://www.kereport.com/2026/03/17/great-pacific-gold-exploration-update-58-9m-at-2-5-g-t-aueq-in-first-hole-at-kavasuki-new-high-grade-targets-drilling-ongoing/

TriStar Gold (TSX.V: TSG)

A permit fight that could reset the valuation

• The company is in the evidentiary phase of the LP environmental permit court case in Brazil.

• Management argues the core dispute around Indigenous proximity does not match the physical geography on the ground.

• The timing and outcome of this case could be one of the most important rerating catalysts for the company.
  Interview link: https://www.kereport.com/2026/03/17/tristar-gold-lp-environmental-permit-court-case-update/

Andina Copper (TSX.V: ANDC)

A portfolio approach to copper discovery

• Andina is building a multi-country copper portfolio across Argentina, Colombia, and Chile.

• Piuquenes remains the flagship, with shallow copper-gold potential near major deposits.

• Two drill campaigns this year create a steady stream of exploration news across jurisdictions.
  Interview link: https://www.kereport.com/2026/03/17/andina-copper-copper-exploration-portfolio-in-argentina-colombia-chile/

Power Metallic Mines (TSX.V: PNPN)

Lion Zone growth, plus more than one angle on value

• The fully funded 100,000 metre program keeps expanding and tightening up the Lion Zone.

• Metallurgical work is adding confidence ahead of a 2026 resource estimate.

• Investors also got a look at regional targets, the Chilean Metals spinout angle, and Saudi exploration upside.
  Interview link: https://www.kereport.com/2026/03/17/power-metallic-mines-exploration-update-expanding-the-lion-zone-and-nisk-regional-targets-met-test-success-upcoming-resource-and-pea-projects-in-chile-and-saudi-arabia/

Pinnacle Silver & Gold (TSX.V: PINN)

A new polymetallic angle at El Potrero

• A LiDAR survey helped lead the team to a new silver-lead-zinc discovery.

• Management sees geological similarities to the nearby Topia Mine, hinting at a bigger system.

• At the same time, underground prep and metallurgical work keep the production fast-track in view.
  Interview link: https://www.kereport.com/2026/03/18/pinnacle-silver-gold-new-silver-lead-zinc-discovery-at-el-potrero/

West Red Lake Gold Mines (TSX.V: WRLG)

Madsen and Rowan keep stacking targets

• New high-grade results at South Austin continue to sharpen the underground picture.

• Planned development on the 13-level drift could unlock more efficient access to multiple targets.

• Fork, Starratt-Olsen, and several greenfields zones add layers of exploration optionality beyond the core story.
  Interview link: https://www.kereport.com/2026/03/18/west-red-lake-gold-mines-comprehensive-visual-exploration-update-of-multiple-drill-targets-at-both-madsen-and-rowan/

GoldQuest Mining (TSXV: GQC)

Romero is moving back toward center stage

• Current drilling is expected to feed both an updated resource and a BFS later in 2026.

• The company’s restart has been built around rebuilding social license in the Dominican Republic.

• Exploration at Cachimbo, Romero, and Romero South keeps the story broader than a single deposit.
  Interview link: https://www.kereport.com/2026/03/19/goldquest-mining-ongoing-drilling-will-feed-into-resource-update-and-bfs-on-romero-gold-copper-silver-zinc-project/

Thanks for following along with this week’s interviews. Subscribe and leave a review so you never miss the next round of company updates and market commentary. You can follow us on YouTube, Spotify, Apple Podcasts, and X here: YouTube, Spotify, Apple Podcasts, and X

And as always, send us your questions for the companies we interview, along with any companies you’d like us to feature next, at Fleck@kereport.com and Shad@kereport.com.