The 6 Junior Mining Companies I Spoke With Last Week. I send a free weekly newsletter containing a 5-minute summary of each Resource Talks interview from the previous week. Below is the lineup from week 38 and the links to the full interviews: 1️⃣ Cash-Flowing Gold Mine in Ontario, But Can They Get Costs Under Control? | @hemlomining with Jason Kosec 2️⃣ New Type of Royalty Company, But Can They Really Scale the Model? | @Nations_Royalty with Derrick Pattenden 3️⃣ District-Scale Copper Targets, But Can Drilling Confirm a System? | @Tribeca_Copper with Thomas Schmidt and Paul Gow 4️⃣ 1M+ Ounces of Heap Leach Gold in Mexico, But Can They Really Restart It? | @AxoMetals with Jonathan Egilo 5️⃣ 5 Uranium Projects in Saskatchewan, But Can They Prove Continuity? | @xciteuranium with Jean-Francois Meilleur 6️⃣ Copper Sulphides in 8 Drill Holes, But Is There a Real Discovery? | @LeviathanMetals with Luke Norman --- --- --- Full interviews + a free newsletter listed below.

1M+ Ounces of Heap Leach Gold in Mexico, But Can They Really Restart It? | @AxoMetals with Jonathan Egilo piped.video/zI68fUrlTMg

I asked @AxoMetals, a precious and base metals explorer with projects in Mexico, whether they are aware of any large shareholders on the registry who own just under 10%. Those positions don't show up on SEDI, but they can still matter. In a the illiquid world of public explorecos, a few sub-10% holders can influence the supply and demand of the paper, especially if one of them decides to sell, and that could matter even more than the rocks or the people. What else could/should I have asked $AXO.V on this topic?

Permitted & fully funded with CAD 23M in the bank, @AxoMetals hits 46.5m @ 1.44 g/t Au from surface on its 1M+ oz gold project in Mexico. PEA planned for early 2027 ⏩ goldinvest.de/en/videos/1m-o… $AXO

$AXO Resource Talks: 1M+ Ounces of Heap Leach Gold in Mexico, But Can They Really Restart It? piped.video/watch?v=zI68fUrl…

$AXO AXO METALS DRILLING INTERCEPTS 18.0 METRES OF 8.15 G/T AU AT SAN ANTONIO PROJECT; FIRST STEP OUT DRILLING REPORTS STRONG GRADES DIRECTLY FROM SURFACE 750 METRES BEYOND RESOURCE mailchi.mp/axocopper/drill-r…

$AXO Axo Metals – The Pathway Towards Production At The San Antonio Gold Project, Major Permit Secured piped.video/watch?v=Nmo_yGnn…

$AXO Permit Win Accelerates Path to Production at San Antonio piped.video/watch?v=dn44y116…

@AxoMetals CEO Jonathan Egilo discusses the project's low-capex path to production: “We acquired a project with processing infrastructure already in place, so development is focused on expansion rather than a full build. That keeps capital costs low and offers the potential for a very rapid payback.” 📺 Watch: piped.video/watch?v=dn44y116… 📖 Read: cruxinvestor.com/posts/axo-m…

A decisive step toward gold production. @AxoMetals has received the key environmental approval for its San Antonio Gold Project in Sonora, Mexico. The approval covers the project’s existing infrastructure and current resources, providing an important foundation for the planned restart of production. The existing infrastructure at San Antonio is already permitted. This includes the former Luz del Cobre open pit and the processing plant. A separate land-use change permit is still pending for the planned mining activities at Sapuchi, Golfo de Oro and California. With this milestone, San Antonio has moved another important step closer to production. Not investment advice. Paid IR agreement with Axo Metals. #AxoMetals #Gold #GoldMining #Mining #Sonora #ResourceInvesting #SwissResourceCapital

$AXO AXO METALS SECURES MAJOR ENVIRONMENTAL PERMIT APPROVAL; CLEARS PATH FOR PRODUCTION AT THE SAN ANTONIO GOLD PROJECT mailchi.mp/axocopper/drill-r…

Recibimos en el Museo de Minería y en La Minita Subterránea a estudiantes de la comunidad Tónichi, Soyopa, quienes disfrutaron de un viaje de fin de cursos inolvidable. Gracias a la empresa @AxoMetals por hacer posible este traslado y sumarse a la difusión científica y minera ⚒️

Mexico’s Best Gold Drilling Intercepts, First Quarter 2026 gambusinoprospector.com/2026… @Outletminero @KitcoNewsNOW @mining @HeliostarMexico @HeliostarMetals @LucaMining @regencysilverco @IMPACT_Silver @Mithril_ltd @AxoMetals @MercadoMinerals @EDRSilverCorp @americas_silver

@AxoMetals CEO Jonathan Egilo discusses the company’s development strategy and path to production: “We're not just trying to grow the resource and get acquired, we want to drive the full re-rate ourselves and ultimately become the ones generating the cash flow. The hurdles to production are lower than many peers, particularly on permitting and capital intensity.” 📺 Watch here: piped.video/watch?v=kgvcQKio… 📖 Read here: cruxinvestor.com/posts/axo-m…

@AxoMetals CEO Jonathan Egilo discusses the company's aggressive exploration strategy: “We don't view this as a small project. We think it's a huge gold system, and if the results justify it, we have the balance sheet to expand our 5,000-metre drill program to 20,000 or 25,000 metres very quickly.” 📺 Watch here: piped.video/watch?v=kgvcQKio… 📖 Read here: cruxinvestor.com/posts/axo-m…

$AXO.V Crux Investor Brownfield Gold Restart in Mexico Gains Momentum Ahead of September PEA piped.video/watch?v=kgvcQKio…

@AxoMetals continues advancing the San Antonio Project in Sonora, Mexico, a brownfields gold asset combining a substantial resource base, established infrastructure, and ongoing development momentum. With a 1.1 million ounce gold resource, advancing engineering work, and a clear pathway toward future project milestones, San Antonio represents a compelling development-stage gold opportunity. Ongoing exploration and technical studies are focused on unlocking additional value while supporting the project's long-term growth potential. Read more at axometals.com/images/uploads… #GoldMining #GoldStocks #MiningInvestment #GoldExploration #AxoMetals

$AXO.V Here's a highlight reel from a recent investor trip in Europe. Thank you to our European partners @SwissResourceAG for the excellent meetings!

Mexico’s Best Drilling Intercepts, Fourth Week of May 2026 gambusinoprospector.com/2026… @Outletminero @MiningMatters1 @AxoCopper @minaurumsilver

$AXO Unlocking High-Potential Copper & Gold Assets in Mexico | Axo Metals Corp. piped.video/watch?v=6idzJ1JO…