Morning Briefing: Mining Americas Receive Key Approvals for Cerro de Oro

0:02Good morning and welcome back to the Mining Stock Daily Morning Briefing presented by the Clear Commodity Network, and delivering today's top news in mining and mineral exploration. From the new ClearCom Studios, here's your host, Trevor Hall. Hey, good morning, everybody. Welcome back to the Mining Stock Daily Morning Briefing. It's Thursday, September 3rd. A broad bounce across the metals this morning. Gold's up just over 1 % to$4 ,438 an ounce. Silver's higher by three quarters to$65.80. Copper is up just about over half a percent to$6.54 a pound. Brent crude, it's pushing toward triple digit territory this morning, up another 1.6 % overnight to$97.19 a barrel, as continued geopolitical tension in the Middle East following this week's exchange of airstrikes between the United States and Iran keeps energy markets on edge.

1:01The combination of rising oil and a rallying gold price reflects the market pricing in elevated geopolitical risk. Brazil's Congress has approved a government-backed bill establishing a national policy on critical and strategic minerals. The policy creates a$2 billion guarantee fund and$5 billion in tax credits over five years to attract foreign investment into a sector where Brazil holds the world's second largest rare earth reserves after China. Separately, Bloomberg is reporting that Barrick Mining is weighing a delay of its planned North American IPO to 2027, having told analysts on its August 10th earnings call that the deal was on track for this year end.

1:50We'll get to the news out of the miners and explorers here in just a moment, but first a quick mention of today's sponsor. Today's morning briefing is brought to you by Revival Gold. Revival Gold is a gold exploration and development company advancing two projects in the western United States. That's the Bear Track Arnett Gold Project in Idaho and the Merkur Gold Project in Utah. Earlier in August, the company reported one of the highest grade thickness intersections to date at Bear Track Arnett, with about 3.4 grams per ton gold over 131 meters. Revival also has a 16 ,000 meter drill program underway at Merkur.

2:28The company trades on the Venture Exchange with RVG and on the OTCQX with RVLGF.

3:10This is a production of the U.S.

3:21Department of Agriculture.

3:34And here's what you need to know this morning. Mining Americas has received key environmental approvals from Mexico's Seminat for its 100 % owned Cerro de Oro open pit heap leach gold project in northern Zacatecas. With both the land use change permit and the environmental impact assessment now in hand, clearing the path for the company to begin planning a construction decision. The 2023 PEA modeled an 8.2-year mine life averaging 58 ,000 ounces of gold annually at just$28 million in initial capital at a$1 ,600 per ounce gold price. The company says they will reassess those figures using current and materially higher gold prices in this environment.

4:22Mining Americas trades on the TSX with MAI and on the OTCQX with MAIFF. Visa Copper has released initial asset results from its 12 ,000 meter 2026 drill program at the Palmer VMS Project in Alaska. hole 199 returned 49.2 meters at 4.7 percent copper equivalent in South Wall Zone 1, and that included 27 meters of 8.4 percent copper equivalent, and a high-grade copper core of 13.1 meters of 10.3 percent copper equivalent, all confirming the continuity of the Zone 1 copper-rich core. A second hole, that's 201, extended the mineralization approximately 50 meters down dip at 40.4 meters, grading 3%, copper equivalent, and 15 additional holes pending assays across HG, AG, and other targets.

5:23Those are expected through the fall. Beasley copper trades on the Venture Exchange with VCU and on the OTCQB with VCUFF. F. Collective Mining has advanced the newly defined Orion target to drill-ready status at its Guayabalas project in Colombia. 2026 surface work outlined a 350 by 300 meter mineralized footprint one kilometer east of the Apollo system where rock samples returned seven and a half grams per ton gold, 230 grams per ton silver, and 0.26 % copper, coincident with the discrete magnetic high interpreted to represent a porphyry source at depth. Drilling at Orion commences this week with the Victory Target, which is a newly reinterpreted copper gold molybdenum porphyry breccia system set to follow in Q4.

6:16It's adding two new drill fronts to a project where 13 rigs are already active. Collective mining trades on the TSX and the NASDAQ with the symbols CNL. Kennerland Minerals has released results from its maiden nine-hole drill program at the Western Wabagoon Project in northwestern Ontario. Results confirm a sheer-hosted gold system with gold intersected in eight of nine holes, headlined by Hole 3, which returned 1.05 meters of 204.35 grams per ton gold, including a half meter in there of 428.5 grams per ton gold, and broader mineralized zones, including 37.75 meters of 0.3 grams per ton gold in the northern portion of the 1.9 kilometer tested strike.

7:05The project is held under option with Sentara Gold subsidiary, and the priority follow-up area is the W2 North Target. Kennerland Minerals trades on the TSX Venture Exchange with KLD and on the OTCQX with KLDCF. Faraday Copper has released results from 23 Phase 4 drill holes at the Copper Creek Project in Arizona with 14 of 23 intersecting near-surface copper mineralization. Results were led by hole 192 which returned 19 meters of 0.55 percent copper from 42 meters in a previously undrilled breccia and porphyry trend 350 meters south of the American Eagle breccia. Hole 190 returned just over 100 meters of 0.22 % copper from surface in the newly identified copper giant east area.

7:58Resource definition drilling is now complete across 19 ,500 meters in 76 holes with a resource update planned for next year and drilling at the adjacent Sandman Weld project expected to commence this fall. Faraday Copper trades on the TSX with FDY and on the OTCQX with CPPKF. and kingfisher metals has appointed jasper bertesen to its board of directors adding senior industry experience to a company that has seen significant momentum in 2026 including a strategic investment from barrick that closed in late july and the addition of its shares to the otc qx best market in august kingfisher metals continues to Trade on the venture with KFR and on the OTCQX with KGFMF.

8:53All right, everybody. That's a wrap here this morning on the morning briefing. We have a number of corporate updates for you today. And then we obviously get into this week's long form. They'll air tomorrow morning. It's going to be a good one. Going to keep you in suspense. Surprise guests. All right, everybody. Looking forward to it. Have yourself a great day. The Mining Stock Daily Morning Briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice and at clearcommodity.net. Have a wonderful day. Be well. The information presented should not be considered investment advice.

9:29Mining Stock Daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions. Thank you.