Gold news

 [Music] we're really excited that we are nigh on production now we have the mine plan out the bulk sample is happening we're planning to turn on the mill near the end of this quarter to process that bulk sample and then we hope to roll into production sort of in the middle of the year um and start you're watching silver News Daily subscribe for more did you know that as gold races toward record highs it's not just investors cashing in silver is gearing up for an explosive surge too when Preston leading voice and

Mining is uncovering how a once overlooked project is setting the stage for a gold and silver frenzy that could rewrite Market history stay tuned because the connection between soaring gold prices and Silver's potential might just shock you I mean the the company was put together specifically because we see what you were just describing we see the gold price continuing to perform over the coming years for lots of reasons that you and I could spend a long time discussing that aren't really

the purpose of of our conversation today but we see a strong gold market ahead and the you know the team that started this company saw that a few years ago and went out looking to build a company that gave investors extra leverage to in a rising gold market so how do you get extra leverage I mean the gold price rising from 2200 to 2600 that's a nice gain if you own physical gold that's a nice gain but what classically happens when the gold price Rises is that companies that are producing gold get a

multiple of that increase because gener ballpark speaking their costs probably remain relatively stable so the additional gold price primarily goes to profit I'm obviously generalizing there's inflation there's other factors as well but that's that's the rationale for why producing gold miners offer those stocks offer multiples of the increase in the gold price when investors are interested in gold and to add on to that a little bit when you go from not producing any gold to producing

gold so you're a new producer there's an additional rate factor that goes on there because as you would expect a company that's not producing gold yet gets rated at at less gets less leverage to Gold um than just the gold price and so what we are the purpose of West Red Lake the underlying F reason that this company exists is to give investors that rate from developer to producer and then to be able to offer leverage as a producer to the gold price in a rising gold market that's why we're here that's

our reason Madson was a phenomenal first asset to find to start to accomplish that goal because that accelerated timeline to production means that has given us the POS the opportunity to deliver that First Rate within a fairly short time frame really unusual in mining because mining usually takes a really long time to to get into production so we're really excited that we are nigh on production now we have the mine plan out the bulk sample is happening we're planning to turn on the mill near the end of this quarter to

process that bulk sample and then we hope to roll into production sort of in the middle of the year um and start producing gold into this gold environment that we hope expect will deliver that rate from developer to producer and then we will Carry On from there and Carry On from there means turn Madson into more than this initial mine plan lays out because with a bit more work drilling connecting zones understanding zones better um and just the practical application of a pretty high gold price um we do think that

Madson is going to be significantly more than this mine plan um lays out there's also some nice uh peripheral zones and deposits that we're that we're going to pull into the mine plan so the the next St AG of West Red Lake make Madson more and look around for what other what what might our next asset be that we uh that we bring into the table because that's that's the reason that the company exists is to give investors increasing leverage in a rising gold market gold is always been the ultimate Safe Haven but

what's driving its unprecedented surge in 2025 let's dive into the core reasons behind this frenzy first central banks worldwide are on a gold buying spree of let never before in 2024 alone these institutions collectively added over 1,000 tons of gold to their reserves a continuation of a record-breaking Trend why many countries are diversifying away from the US dollar and its geopolitical tensions at a growing Global debt crisis this move to dollarize is creating a Relentless demand for gold as a hedge against

currency instability next we can't ignore the influence of gold ETF historically sizable inflows into these funds have marked the start of every major gold Bull Run and 2025 appears to be no different just recently ETF inflows flipped positive after years of outflows signaling renewed investor confidence with even a moderate increase in ETF demand the supply demand balance tightened significantly bushing prices higher geop political unrest is another major driver with ongoing trade Wars and

political uncertainty in major economies like the US and China investors are rushing to gold as a store of value Central Bank policy is also playing its part while interest rates remain relatively High the market is now pricing in future Cuts reducing the opportunity cost of holding gold a zero yield asset lastly Gold's recent strength is underpinned by by structural changes in its Market post pandemic scrap gold recycling a traditional Supply Source has been sluttish despite record high prices this leaves new mine

production and investor demand to shoulder the burden of supply and the result is scarrian prices in this perfect storm of demand and constrainted Supply gold has already shattered records recently surpassing dollar 2,600 per ounce with many analysts forecasting it could break the dollar 3 thousand Mark later this year the implications are enormous not just for gold but for silver as well because when gold rallies silver is often not far behind but why does silver often seen as Gold's little brother 10 the

follow suit we'll uncover the dynamic next but for now ask yourself this could we be on the brink of a new era for precious metals we've been running just doing exactly that addressing the things that's needed to be done so that Madison could be restarted successfully and in the last two weeks we've uh We've the fruits of those labors have produced two more really big news releases for us one of those is that we closed a $35 million debt facility um this is the first significant debt on the project the only

significant real debt on the project and it's it's possible to take on debt because we are so close to production so we will be able to start repaying that debt when we get into production um that's when debt becomes a reasonable um opportunity for a company and so that money put makes us very well funded to get the Madson mine restarted which we are going to do sort of in the middle part of this year which is very exciting and then the other big news that happened just this morning when we put

out what's called the pref feasibility study really what it is is here's the mine plan here's what we're going to do at Madson and it lays out how we're going to mine it um and what the financial results are of mining it what it costs and what it produces and the headline numbers from that are we're going to produce over 67,000 ounces of gold a year for six years of full operations and each then the average free cash flow in those six years of operations is $70 million those are

Canadian uh dollar amounts that I'm that I'm referencing um so really what that the results of this pre-feasibility study underline that it makes sense to restart this mind now six years I realize is a somewhat short lifespan for a mine but the message that I'm really trying to convey here is that it makes sense to start this mine now based on what we've been able to do in just 18 months at the project and by getting into operation and by getting down into the deposit developing more looking around more and

doing more drilling we really strongly believe that we are going to be able to operate well past seven years with some further success drilling into areas connecting areas and pulling those into the next iteration of a m plan so yeah the high Pace the rapid Pace continues at the heart of this gold frenzy lies a major player Making Waves West red late gold and their Matson mine project in Ontario this isn't just any gold mine it's a revitalized opportunity in one of the world's most prolific gold Districts

The Red Lake Region has already produced over 30 million ounces of high-grade gold and now west red late gold is poised to unlock even more value so why is this project drawing so much attention first the Madison mine is uniquely positioned for Rapid production unlike most go projects which require years of development natson is essentially production ready it boasts over dollar 350 million of infrastructure investments from previous operators including a fully built processing Mill established underground

development in critical permits West Red Lake acquired this asset a fraction of its value setting the stage for a quick and cost efficient restart but infrastructure isn't the only Advantage the min's resource base is highgrade with an indicated resource of 1.7 million ounces greatting 7.4 G per ton a rarity in today's mining landscape this grade means higher profitability per ouns even if gold prices stabilize and with current prices hovering around dollar 2,600 per ounce the margins are already

extraordinary the teen at West Red Lake gold isn't just relying on existing resources either they've been aggressively defining additional mineralization completing over 85,000 MERS of drilling in 2024 alone this driller not only increases confidence in the resource but also identifies new high-grade zones that could extend the mind's life and boost output what's more their pre-feasibility study completed in early 2025 confirms the robust economics of the project the planned projects over

67,000 ounces of annual gold production for at least 6 years with an average free cash flow of do7 million per year and these figures are based on conservative assumptions using a gold price of $12,200 per ounce well below today's spot prices this combination of low startup costs highgrade resources and immediate cash flow potential positions West Red Lake gold is a stand of in the gold sector but the Ripple effects don't end with gold as the Madison mine begins production its contribution to the

market could tighten supplies and few broader investment interest in Precious Metals including silver West red L Gold's Resurgence is a perfect example of how the right project at the right time can shape market dynamics but here's the bigger question could this gold boom unlock Silver's long-waited potential let's explore the fascinating link between these two metals in the next segment thing is because we bought an unusual asset a fantastic opportunity this is the Madson mine which is almost

right in the middle of Canada on the western edge of the province of Ontario in a famous gold district called the Red Lake gold district pulled there's been 30 million ounces of of gold pulled from high-grade bains in the Red Lake District um some two million of those ounces came from the Madson mine you know from the 30s to the early 70s um again from rock that average nine grams per ton which is a high grade um for you know for a gold deposit um that mine came to the end of its reasonable

lifespan in the 70ss when gold wasn't worth very much and and then a company tried their hand at restarting the mine between 2014 and 2022 and they did some phenomenal work they did a lot of drilling they defined the resource that is still the resource that we're sort of working with today um and they built a really good Mill they permited everything uh and they restarted the mine they did unfortunately make some mistakes along the way in how they approached um knowing exactly where the

gold is and how they approached mining the gold and those mistakes were enough that they ended up um going bankrupt after only 14 months of operation which is the opport which is which is what created the opportunity for us so West Red Lake came in and was able to buy a permitted built mine uh sitting on 1.7 million ounces of indicated highgrade gold um for a very modest cost you know 350 million had been spent and we bought it for 6 A5 million Cash Plus shares in the company and some deferred payments

um and we absolutely needed to spend time addressing the things that had gone wrong with the prior operator but men were we ever given a head start at getting to production so that deal closed s 18 months ago now and since then now let's dive into a fascinating relationship between gold and silver a connection that's as old as their used as currency while gold often takes the spotlight silver is its constant companion and movements of one ofice echo through the other but why does this happen the key lies in their historical

correlation gold and silver prices have moved in Tandon for centuries driven by their shared roles as stores of value in times of economic uncertainty or currency devaluation both Metals attract investors seeking safety however silver often exhibits more volatility than gold it's known as the poor man's gold because it's more accessible to small investors when gold prices rise silver frequently follows with Amplified gains as retail and speculative investors pour in but there's more to the story unlike

gold silver is also an industrial metal its dual role makes it highly sensitive to broader economic Trends industrial demand for silver which spans Industries like Electronics solar power and electric vehicles is a critical Factor in its pricing this demand often surges in tandem with Gold's rise as strong economies and growing Industries amplify Silver's appeal the current tightening of the gold silver ratio highlights this relationship this ratio which compares the price of 1 ooun of gold to an ounce

of silver has recently Fallen historically when the ratio tightens after a long period of Divergence it sidos a strong silver rally is on the horizon with gold hitting record highs silver is poised to narrow the Gap moreover Gold's priced momentum creates a psychological effect in the market investors who find gold too expensive often turn to Silver as an alternative boosting its demand as a result Silver benefits from a delay but significant spillover effect whenever gold enters a bull market so where does this leave

silver now with gold breaking records and Industrial demand of the rise is silver's position for an explosive rally and it's not just speculation the fundamentals are stronger than ever but what's dueling this industrial demand and how could it drive silver prices in mites stay tuned as we uncover the critical role of silver in the modern economy in the next segment that's a really good question in fact in our corporate presentation we have a slide that is titled mining is risk mitigation

so you would appreciate that slide I'm sure and what I in that slide is I list a lot of the um risks that commonly can upset uh a new mind startup so really key risks for new mind startup examples of where that has happened in the last 10 years examples of Minds where that has happen and then the third column is what explains those risks as they pertain to West Red Lake so some of them don't pertain to the mads in mind because not every risk is relevant at each mine depends on the on the mine

type and whatnot and then for those that are pertinent what are we doing to address those risks and so the the the key risk really at the MS in mind is the risk that exists for all high-grade narrow vean underground gold mines which is is the gold or silver or whatever it is that you're going after exactly where you think it is first of all and secondly can you pull it out economically and so how do you address those two well that you address the first one um by developing a rigorous system to un to to

to a rigorous system to produce an accurate resource model and so that system for us we have the benefit of the prior operator having stumbled and they recognized that they were stumbling and they implemented they tried to to to catch themselves and they almost did by The End by the last two months of that prior operators um production uh tenure they were producing almost the amount of gold that they needed to it was just a little bit too little too late but what they did to get to that near success

we've taken that model how how intense does your definition drilling have to be so how many holes do you have to put into your resource to Silver's role is both a precious Meadow and an industrial Powerhouse is what makes it uniquely positioned for explosive growth while Gold's appeal is largely tied to its status as a safe haven asset silver has the added advantage of being indispensable to Modern Industries particularly those driving the green energy Revolution let's start with renewable

energy solar panels are among the biggest consumers of silver as the Metal's High conductivity makes it a critical component in photovoltaic cells the global push toward renewable energy has led to an unprecedented demand for solar technology and with governments worldwide committing to ambitious climate Targets this trend is set to accelerate in fact industry analysts predict a sharp rise in silver usage within solar manufacturing for 2025 and Beyond then there's the electric vehicle AV boom silver is a key material in EV

batteries and charging infrastructure as well as in the electronic components that power these vehicles as adoption Rose globally with major automakers like Tesla Ford and GM wrapping up production silver demand in this sector is expected to soar Beyond Renewables and EV silver plays a crucial role in other Cutting Edge Technologies such as 5G networks and medical equipment from touchscreens to antimicrobial Coatings Silver's versatility makes it integral to a wide range of applications cementing its

status as an industrial metal with staying power but it's not just about technology investors are also driving Silver's momentum with gold prices at record highs many are turning to Silver for its affordability and higher growth potential the current gold silver ratio suggests that silver is undervalued relative to Gold presenting a prime buying opportunity what's more the supply side of the equation adds fuel to Silver's rally silver mining output has struggled to keep Pace with demand in recent years

and recycling alone cannot close the gap as industrial investment demand converge the stage is set for a supply crunch that could send prices soaring so here's the big question could these industrial Trends coupled with Silver's historical relationship with gold ignite a rally that takes silver to unprecedented Heights in the next segment we'll explore the geopolitical and economic forces adding even more fuel to Silver's potential explosion yeah for sure so I mean there's you

started this conversation referencing our rapid uh pace of of news and that's going to continue and over the next quarter what's going to be really dominant in that news flow are what are called reconciliation results so the entire thesis of restarting the Madson mind of West Red Lake being able to successfully restart the Madson mind when the prior operators stumbled is that we suggest that all of the increased drilling that we've done that helps us know where the gold is really accurately and our um more experienced

approach to mining that gold means that we are going to be able to pull you know tons from the ground at the amount and gold grade that we say that's the premise and so what reconciliation results refers to is we're currently doing the very first bit of that we're taking bulk samples from a couple different spots in the underground mine and we're stockpiling those on Surface and so you know the I making up numbers right now but we are going to be able to say you know we expect from this Stope

mining area to be able to pull mineralization that's 6.9 gr and from this Stope that's 9.2 gr and from this Stope that's 7.4 gr and if we turn on our Mill and process those bulk samples and they come in at 6.7 and 9.2 and 7.4 gram per ton that validates the thesis that says that we are going to do we can do the thing that we said we're going to do and therefore Madson will can be a success so that's what's coming up there's going to be an initial set of reconciliation results where we just

pick a few rocks basically in a very systematic way but off of those stock piles and from the areas that we're mining to do it early quick look at whether the grades are coming in in line and then we're going to start up the middle and we're going to process those bulk samples and we're going to get full reconciliation result so those two sets of results are going to be really important over the first quarter to validate the thesis and then once we've done that we're rolling into production

mining we're going to build up a stock pile of or on service and then we're going to start sending ore through the mill and so over the next six and eight months we are going to start producing gold and so that's I mean it's coming it's right around the corner um and we are going to be a rare new producing Gold Mine uh especially in terms of a high-grade gold mine um anywhere in the world in 2025 the industrial Surge and silver demand is happening in isolation it's being Amplified by powerful

geopolitical and economic forces shaping the global markets let's explore how these Dynamics are setting the stage for Silver's KNE or rise first consider the ongoing geopolitical tensions that have created an environment of heightened uncertainty trade Wars between major economies such as the US and China are driving investors toward Safe Haven assets like whole and by extension silver political instability in regions like Europe and the Middle East further reinforces this trend as investors seek

protection against potential economic disruptions at the same time the US dollar traditionally a counterweight to Precious medals is showing signs of weakening after a decade long B run the dollar is under pressure due to bloing fiscal deficits Rising national debt and shifting global trade Dynamics a weaker dollar typically makes silver and gold more affordable in international markets spurring demand and driving prices higher central banks are also playing a pivotal role their monetary policies

particularly in response to slowing Global growth are creating a low interest rate environment while this favors gold is a zero yield asset it also reduces the opportunity cost of holding silver making it it more attractive to both institutional and Retail investors inflation is another critical factor with major economies grappling with persistent inflation investors are flocking to assets that can reserve purchasing power silver with its historical reputation as a hedge against inflation is becoming an essential part

of portfolios and as inflation pressures persist the demand for silver is likely to intensify that and there's the supply side major silver producing countries like Mexico and Peru are facing challenges ranging from labor strikes to environmental regulations which are constraining mining output this Supply strain combined with surging demand is creating the perfect storm for a significant price breakout in this context the market is primed for a silver rally but this isn't just speculation it's the convergence of

global economic and geopolitic forces that have historically preceded major movements in Precious nals as we delve into the next segment we'll explore how Gwen Preston's insights and the Matson mind project fit into this narrative and what it means for investors looking to capitalize on Silver's potential yeah really pertinent question obviously so I think there's two sides to consider I think there's the gold price side of things and then there's the why do investors start

looking at Gold equities re um as opposed to other opportunities in the stock market so if we want to look at the gold price side of things I mean the gold price is phenomenal above $2,600 I have nothing to complain about and I do I am bullish on the gold price itself from here U I think that increasingly almost on a daily basis I feel like the conversation around debt burdens money printing however you want to capture that impact that that reality in the market in in World um that conversation

keeps rising and I think there's alongside that there is increasing acknowledgement that it doesn't matter who is in charge of the administration who's in charge of the government it is very difficult at this point to stop that debt train it is on a runaway track there are so many commitments in spending and there's so much debt burden um that it is very difficult to constrain spending in in in a way that has any impact on that debt that debt situation and I think that conversation keeps coming up and I think

the more and more people have that conversation and start to get aware of the reality of debt that always brings people to Gold it brings people to other things too I totally accept that cryptocurrencies are also considered an answer or a way to hedge that the risk of that debt situation but that situation is real it's rising people are becoming more and more aware of it so I think that that is the the sort of the big picture support for the gold price and that applies to central banks buying

and in investment funds buying and individuals buying and all of those things so that's the gold price side of things at some point the gold price gets to a level where producers are just making so much money the gold equities become attractive just on like a cash flow basis right I don't know what point that is I wish that we were there already we are in some extent to some extent like you say some of the best names are performing quite well but I think that is continuing and that will

happen to some extent as we roll through on the why do investors look for gold equities what I think that's the bigger struggle by which I mean usually when gold is rising it is often because other things there are risks elsewhere that are making investors want to hedge their Equity portfolio and that is not the situation that we've been in for the last little while at least not to the extent that most in vors are looking to hedge their Equity portfolio and so I don't know how or when that might shift

um I think that the gold price Rising will bring interest to gold on the whole I think you're seeing increasing awareness you know gold outperforming just the gold price on its own outperforming the S&P um and so I think that we will start to get interest in Gold because gold equities can also perform in just a strong economy they can perform alongside a strong economy um it's just a little bit of a harder situation for where for momentum to build in than when investors turn to Gold equities because they are hedging

risk in the stock market or something like that so it it isn't ideal from a gold Equity perspective because there hasn't been reason people have been buying the S&P and doing just fine thank you very much and that has been just the thing haven't been actively looking to hedge their Equity portfolio now I don't know how or when that changes but I think the strong gold price itself is leading us to better places overall now let's turn our Focus to Gwen Preston a respected voice in The Mining world and

her take on the evolving gold and silver markets as the vice president of communications for West bread L gold she's had a front row seat to research Ins at the mass and mine and her insights offer valuable clues about what's next for precious medals Preston emphasizes the Strategic advantage of the Nats and mines rapid path reduction she notes that the mine's extensive pre-existing infrastructure and high-grade reserves not only make it a standup project but also a potential Catalyst for broader Market

shifts with Productions slated to begin by mid 2025 the timing couldn't be better Gold's rally is in full swing and the min's output will add much need needed Supply to a market already experiencing tight conditions but what about silver Preston has pointed out that silver often benefits indirectly from gold strength as investors histic Alternatives when gold prices reach historic highs she highlights how the Madson mind success could spark renewed interest in mining equities across the board potentially

channeling Capital into silver focused projects as well Preston also stresses the importance of operational Readiness in this Market West red late Gold's strategic planning spanning definition drilling underground development and resource modeling serves as a blueprint for how mining companies can capitalize on high commodity prices this is especially relevant for silver where underinvestment in mining infrastructure has created Supply constraints another key Point she raises is the psychological impact of record

gold prices investors flocking to Precious Metals often diversify their Holdings in silver but its affordability and Industrial appeal becomes an obvious choice Preston believes this behavioral shift combined with Silver's growing industrial demand could fuel a rally that Rivals past Market surges what makes her predictions particularly compelling is her track record she's been vocal about how shifts in the broader economy like the weakening US dollar and geopolitical vol ility create fertile ground for both

gold and silver and with the mads in mind nearing production her insights carry ways she's directly involved in one of the most promising mining projects of the decade so what does this mean for you as Preston suggests this is a time of enormous opportunity in Precious Metals but with opportunity comes the need for strategy in the next segment we'll outline how investors can position themselves to the most of this historic moment get an accurate understanding of where the gold is what sort of requirements do you have to put

on the various spots of your resource model before you're willing to engineer uh how you're going to mine those areas we've taken their system we've made it ours and that is our approach to to managing the risk of where the gold is so that's our approach on that and then on the Mining cost side of things that's really comes down to efficiency and operational Readiness how and mines are really complicated machines like incredibly complicated machines if you think of the number of steps that are

required that have to happen in order accurately and intertwined in order to find an ounce of gold Define it drill it engineer it Finance it you know mine it move it have the Personnel have the equipment all of it just for one ounce of gold it is it is very complicated and so the way to manage that comp complexity which is really the way to manage the cost of mining those are the same things is to understand how complicated the machine is and to have as many parts of that machine operating efficiently before you

start trying to do it as possible and again that's where our setup is actually a benefit to us we have been underground operating for 16 months already and by operating I mean blasting tunnels drilling creating new um access to the ore we know how much it costs to blast and move a ton of ore at the Madson mine we're not we're not estimating it we're doing it and so that on the ground experience has our costs very real it has our teams practicing what they're going to do before we're actually doing

it it means that we're staffed up like we expecting need 220 people on average um at site during operations we already have 140 people we've already trained them we've already got them going so real operational Readiness and understanding the complexity of the machine I think are the way that we are addressing the cost side of things with the gold and silver markets poised for explosive growth the big question is how can you position yourself to capitalize on this historic opportunity let's break

it down first consider diversifying with gold ETF These funds allow you to gain exposure to Gold's priced movements without the need for physical storage given the Surge and ETF inflows that's driving Gold's rally investing in a gold ETF could provide a convenient and liquid way to benefit from the Market's upward trajectory next think about physical silver unlike gold Silver's affordability makes it accessible for smaller investors and its industrial demand provides a dual layer of value

whether it's coins bars or even bullan back savings accounts only physical silver offers a tangible hedge against inflation and Market volatility mining equities are another Avenue to explore companies like West red lit go offer exposure to the operational side of the precious nevals Boom the Madison mind project is a perfect example of how operational efficiency and high-grade resources can generate significant returns especially when tied to riseing gold prices and let's not forget silver mining stocks

these can provide leverage to silver price movements amplifying potential gains for those with a higher risk colorance silver focused ETF or mutual funds might be worth exploring These funds pull investments into a diversified portfolio of silver assets balancing exposure across industrial and investment demand they also allow for broader exposure to companies leading Innovations in silver-based Technologies such as renewable energy and electric vehicles timing of course is critical the current gold silver

ratio suggests that silver is undervalued compared to Gold presenting a prime by an opportunity by entering the market during this relative mispricing investors can position themselves to benefit as the ratio moralizes and silver catches up to Gold's rally finally keep an eye on macroeconomic indicators factors like interest rate changes inflation Trends and Central Bank policies will play pit roles in shaping the trajectory of precious metals staying informed about these drivers insurers you can adapt your

strategy as market conditions evolve but here's the bottom line the alignment of Gold's record-breaking run Silver's growing industrial demand and macroeconomic backdrop has created a rare moment of opportunity in the next and final segment we'll pull all these threads together to explain how these forces are setting the stage for Silver's explosive rise don't go anywhere you won't want to miss this conclusion yeah both of those sides are really important and I'm glad

you referenced the people who came to us attached to the Madson mind because the previous stumble um from where we stand we see and from everything that we've heard from the people who worked there it was largely a topown challenge it was it was from the the management side of things the people on site um weren't given the opportunity to succeed but there was a lot of effort put in there was a lot of knowledge established and we have the benefit of that and so I mean I'll take our chief

geologist Jill Chrisman as an example I mean Jill Shane the president and CEO we joke regularly but not really joke that Jill is the most important person West Red Lake gold she has been with the project for 5 years she knows the geology inside and out she knows exactly you know her understanding of this mineral system what is needed to mine it to to find it accurately and therefore be able to give the operations team the ability to mine it accurately it's just unparalleled it's you could you can't pay for that

kind of knowledge so and she's she's one really good example but there's lots of people who came to us attached to the project who brought that kind of un you know that kind of wealth of knowledge and experience with them and then of course we've we've brought new people in who who are supplementing that who are complimenting that um and Shane Williams gets a lot of credit as the leader of this company for having understood the need to build a strong team and he's done a phenomenal job at it um and we've

you know we're about to announce another person who we adding to the mindsight team who were reallyy happy to have attracted and good people attract good people and I think that that's part of What's Really Happened Here starting with Shane and those people at the Madson site that that marriage has really brought a lot of good people to West Red Lake so that's what's making it possible for us to uh to have confidence that we're going to be able to start this restart this mine successfully and

soon now let's connect the dots and reveal how all these forces Gold's historic surge silver is growing industrial demand and macro economic backdrop are converging de create what could be the most explosive silver rally in decades Gold's record-breaking run isn't just a headline it's a signal central banks are diversifying their reserves ETF are swinging from upflows to inflows and geopolitical tensions are pushing investors towards Safe Haven assets these forces have already sent gold

prices for in P dollar to 2,600 an ounce with projections hinting at doll 3,000 or more but here's the kicker silver historically tied to Gold's movements often outpaces it in gains when the rally Begins the current gold silver ratio which sit most Silvers under valuation suggests a massive catchup is inevitable then there's Silver's dual identity unlike gold silver plays a vital role in the industries shaping our future electric vehicles solar energy 5G networks and medical Technologies the demand for these

Innovations isn't speculative it's accelerating as governments double down on renewable energy and green technologies the industrial appetite for silver is expected to Skyrocket with Supply constraints already evident in the silver mining sector a demand-driven price spite becomes increasingly likely West redle Gold's Madson mine serves as a microcosm of the story the project highlights how efficient well-planned mining operations can capitalize on high gold prices while setting the stage for a broader Market

impact as gold focused projects like Matson succeed they draw investor interest into the sector spilling over into silver equities and other precious metals but here's the big picture the world is entering an era of unprecedented monetary and geopolitical volatility r ing inflation a weakening US dollar and shifting Global power dynamics are creating the perfect storm for precious metals silver with its unique blend of affordability industrial importance and historical correlation to Gold stands ready to shine so what's

next the alignment of these forces suggests silver could be on the verge of an explosive breakout investors who act now whether by owning physical silver investing in EKF or exploring mining equities could position themselves to benefit from a generational shift in the precious metals Market don't wait until the headlines confirm what the debt already tells us Silver's time is coming subscribe to stay ahead of the curve and remember this isn't financial advice just a guide to help you navigate the opportunities

in this extraordinary moment are you ready to seize it