Thesis Gold Inc.

Haywood Securities (1/15/25) "TAU's Lawyers Ranch offers near-term catalysts driving value in 2025."

Western Exploration Inc.

Fundamental Research Corp. (1/13/25) "WEX's final two holes of 2024 drilling returned high-grade intercepts."

Sierra Madre Gold and Silver Ltd.

Oliver O'Donnell, VSA Capital (1/10/25) "SM achieved full commercial production after 90 days at 500 tpd."

Western Exploration Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (1/10/25) "WEX's hole 461 cut 1.53m of 20 g/t Au eq at Aura's Jarbidge rhyolite."

Dolly Varden Silver Corp.

Austin Meadows, Crux Investor (1/10/25) "DV currently hosts Indicated resources of 35 Moz Ag and 166 Koz Au."

Perpetua Resources Corp.

Jay Taylor, Hotline (1/10/25) "PPTA is one of the best evolving gold miners covered in this letter."

Thesis Gold Inc.

Jay Taylor, Hotline (1/10/25) "TAU engaged two companies to complete a PFS on Lawyers Ranch."

Perpetua Resources Corp.

Heiko Ihle, H.C. Wainwright & Co. (1/7/25) "PPTA's Stibnite has reserves of 4.8 Moz gold and 148 Mlb antimony."

Seabridge Gold Inc.

Red Cloud Securities (1/7/25) "Our higher gold and silver price assumptions increased our target on SEA."

NexGold Mining Corp.

Red Cloud Securities (1/7/25) "Our higher metals price assumptions increased our target on NEXG."

Dolly Varden Silver Corp.

Stuart McDougall, Research Capital Corporation (1/7/25) "DV once again extended the Wolf vein system at its Kitsault Valley."

Marcus Giannini, Haywood Securities (1/7/25) "DV's high-grade endowment is an increasingly attractive target."

Perpetua Resources Corp.

Mike Kozak, Cantor Fitzgerald (1/6/25) "The ROD is the most important derisking milestone in PPTA's history."

Mike Niehuser, ROTH Capital Partners (1/6/25) "We believe PPTA will receive the remaining permits [for Stibnite]."

Michael Parkin, National Bank of Canada (1/5/25) "We expect PPTA's share price to outperform peers on the ROD news."

Dolly Varden Silver Corp.

Jeff Clark, TheGoldAdvisor.com (1/2/25) "DV is cheaper than mulch and compost."

Emerita Resources Corp.

Varun Arora, Clarus Securities (12/24/24) "Testing at EMO's Romanera indicates potential for >64% gold recovery."

NexGold Mining Corp.

Jay Taylor, Hotline (12/20/24) "NEXG acquired all of the common shares of Signal Gold."

Thesis Gold Inc.

Jay Taylor, Hotline (12/20/24) "TAU closed its brokered private placement offering of $10M."

Lion One Metals Ltd.

Jay Taylor, Hotline (12/20/24) "New drill results from Zone 5 at LIO's Tuvatu include 1,517.79 g/t Au."

Sierra Madre Gold and Silver Ltd.

Thibaut Lepouttre, Caesars Report (12/19/24) "SM confirmed the industrial production state has begun at Guitarra."

NexGold Mining Corp.

Ron Stewart, Red Cloud Securities (12/19/24) "NEXG's merger with Signal allows it to bet on two horses at once."

Western Exploration Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/17/24) "WEX makes for a compelling bet on exploration success in 2025."

Seabridge Gold Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/17/24) "KSM continues making SEA one of the sector's better optionality plays."

MAG Silver Corp.

Ventum Capital Markets (12/17/24) "Only 5% of MAG's Juanicipio properties has been explored to date."

AbraSilver Resource Corp.

Christopher Ecclestone, Hallgarten & Co. (12/16/24) "ABRA's Diablillos is a prime candidate for larger predators' attention."

Perpetua Resources Corp.

Jay Taylor, Hotline (12/13/24) "PPTA and Sunshine could produce up to 40% of U.S. antimony demand."

O3 Mining Inc.

Bryce Adams, CIBC World Markets (12/12/24) "We expect the OIII-Agnico Eagle deal to be approved."

Perpetua Resources Corp.

Mike Niehuser, ROTH Capital Partners (12/11/24) "PPTA is evaluating partnerships to refine its concentrate."

Dakota Gold Corp.

Andrew Mikitchook, BMO Capital Markets (12/11/24) "DC's Richmond Hill should expand to look more like neighboring Wharf."

Thesis Gold Inc.

Jamie Spratt, Haywood Securities (12/9/24) "We are initiating coverage on TAU with a Buy rating."

Sierra Madre Gold and Silver Ltd.

Bereket Berhe, Beacon Securities Ltd. (12/9/24) "We visited SM's flagship La Guitarra mine; the asset shows very well."

Perpetua Resources Corp.

Mike Kozak, Cantor Fitzgerald (12/9/24) "PPTA potentially created an all-American antimony supply chain."

Western Exploration Inc.

Jordan Roy-Byrne, The Daily Gold (12/8/24) "Recently, drills hit 22.06 g/t Ag eq over 3.69m at WEX's Gravel Creek."

MAG Silver Corp.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (12/6/24) "In silver, I have MAG."

Perpetua Resources Corp.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (12/6/24) "PPTA jumped on the news that China banned antimony exports."

Lion One Metals Ltd.

Jay Taylor, Hotline (12/6/24) "In 2025 LIO expects to be operating at 500 tpd at Tuvatu."

Thesis Gold Inc.

Jay Taylor, Hotline (12/6/24) "TAU's offering will generate gross proceeds of up to $7M."

NexGold Mining Corp.

Jay Taylor, Hotline (12/6/24) "A highlight result from NEXG's Interlakes was 117.95 g/t Au over 2.7m."

Liberty Gold Corp.

Lauren McConnell, Paradigm Capital (12/4/24) "LGD released positive drill assay results from Black Pine's Rangefront."

Alex Terentiew, Ventum Capital Markets (12/4/24) "LGD's drilling along the open margins of Rangefront was successful."

Lithium Ionic Corp.

Katie Lachapelle, Canaccord Genuity (12/4/24) "A mine life of ~20 years is a probable outcome for LTH's Bandeira."

Dakota Gold Corp.

Andrew Mikitchook, BMO Capital Markets (12/3/24) "Drilling at DC's Maitland extended the strike length of mineralization."

Seabridge Gold Inc.

Taylor Combaluzier, Red Cloud Securities (11/26/24) "SEA has spent CA$444M on the KSM project."

Perpetua Resources Corp.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (11/26/24) "PPTA is trading at a ~10% discount due to [the] gold price correction."

Dakota Gold Corp.

Andrew Mikitchook, BMO Capital Markets (11/26/24) "DC's drill highlights at Richmond Hill include 10.2m at 4.14 g/t."

Perpetua Resources Corp.

Jay Taylor, Hotline (11/22/24) "The gross proceeds to PPTA from the offering will be about $35M."

Lion One Metals Ltd.

Jay Taylor, Hotline (11/22/24) "LIO intensified its roscoelite-targeting efforts at Tuvatu."

Thesis Gold Inc.

Jonathan Guy, Hannam & Partners (11/20/24) "At TAU's Ranch there are 20 similar targets to Ring."

Silver North Resources Ltd.

Timothy Lee, Red Cloud Securities (11/15/24) "SNAG upgraded Main Fault as a key target for future exploration."

Thesis Gold Inc.

Jay Taylor, Hotline (11/15/24) "TAU announced a new discovery at the Ring zone within Lawyers Ranch."

Seabridge Gold Inc.

Jay Taylor, Hotline (11/15/24) "It is a matter of time before a large miner steps into SEA's story."

Perpetua Resources Corp.

Jay Taylor, Hotline (11/15/24) "The economics of PPTA's Stibnite appear exceptionally strong."

Lion One Metals Ltd.

Jay Taylor, Hotline (11/15/24) "LIO started developing a new high-grade roscoelite zone at Tuvatu."

Dakota Gold Corp.

Andrew Mikitchook, BMO Capital Markets (11/14/24) "The target at DC's Richmond Hill remains open in all directions."

Thesis Gold Inc.

Jamie Spratt, Haywood Securities (11/13/24) "TAU [made a] new discovery in the Ring zone within its Lawyers Ranch."

Philip Ker, Ventum Capital Markets (11/13/24) "TAU's new zone at Lawyers Ranch signals resource growth opportunities."

MAG Silver Corp.

Kevin O'Halloran, BMO Capital Markets (11/12/24) "MAG reported Q3/24 EPS of $0.22, which matched our forecast."

Cosmos Chiu, CIBC World Markets (11/12/24) "In Q3/24, MAG's surface drilling totaled 12,661m at Larder."

Western Exploration Inc.

Fundamental Research Corp. (11/12/24) "Drilling near WEX's Gravel Creek return more high-grade intercepts."

Sierra Madre Gold and Silver Ltd.

Oliver O'Donnell, VSA Capital (11/12/24) "SM reported first revenues generating a gross profit."

Dolly Varden Silver Corp.

Stuart McDougall, Research Capital Corporation (11/4/24) "DV's Homestake returned a spectacular 701 g/t Au and 184 g/t Ag."

Marcus Giannini, Haywood Securities (11/4/24) "DV's high-grade endowment is an attractive target to metal producers."

Clive Maund, CliveMaund.com (11/3/24) "DV broke out of a giant base pattern that began to form in late 2014!"

Liberty Gold Corp.

Ventum Capital Markets (11/2/24) "LGD's PFS for Black Pine outlines a robust and flexible operation."

Thesis Gold Inc.

Ventum Capital Markets (11/2/24) "TAU's Lawyers Ranch has exploration upside and a high-quality resource."

NexGold Mining Corp.

Jay Taylor, Hotline (11/1/24) "Drilling intersected significant visible gold at NEXG's Goliath."

Giant Mining Corp.

Ron Struthers, Struthers Resource Stock Report (10/31/24) "I am expecting more good drill results from BFG's Majuba Hill."

Western Exploration Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/31/24) "WEX's hole 459 showed grades as high as 75.3 g/t Au and 3,080 g/t Ag."

Lion One Metals Ltd.

Jay Taylor, Gold, Energy & Tech Stocks (10/31/24) "LIO reported more high-grade assays from the West zone targets."

Perpetua Resources Corp.

Jay Taylor, Gold, Energy & Tech Stocks (10/31/24) "PPTA's Stibnite has an important metal in short supply in the U.S."

Seabridge Gold Inc.

Jay Taylor, Gold, Energy & Tech Stocks (10/31/24) "SEA's KSM project is 'beyond world class.'"

NexGold Mining Corp.

Jay Taylor, Gold, Energy & Tech Stocks (10/31/24) "I anticipate [more] high-grade results from NEXG in the near future."

Western Exploration Inc.

Siddharth Rajeev, Fundamental Research Corp. (10/31/24) "WEX is emerging as a strong acquisition target."

O3 Mining Inc.

Bryce Adams, CIBC World Markets (10/30/24) "We expect takeout potential for OIII to rise in the next two years."

Jeremy Hoy, Canaccord Genuity (10/30/24) "OIII now plans to release a PEA for Marban Alliance in Q4/24."

Sierra Madre Gold and Silver Ltd.

Thibaut Lepouttre, Caesars Report (10/30/24) "SM is now getting close to a pivotal point in its existence."

Thesis Gold Inc.

Jay Taylor, Hotline (10/25/24) "TAU's drilling at Lawyers focused on resource infill and upgrading."

NexGold Mining Corp.

Jay Taylor, Hotline (10/25/24) "NEXG and Signal are upsizing their financing before merging to $17M."

Metallic Minerals Corp.

Couloir Capital (10/25/24) "MMG should complete an updated resource estimate on La Plata by Q4/24."