$175M Deal to Rebuild US Tungsten Supply | Blue Moon Metals Springer Tungsten Complex

In just two months, John Dorward, executive chairman of Ausgold (ASX: AUC) and Roxmore Resources (TSE: RM), delivered two golden exits worth over a billion dollars in cash and shares for shareholders. In this episode, Simon Catt sits down with John Dorward to unpack how he did it: from spotting a mispriced asset and solving the farmer access dispute that stalled Ausgold’s Katanning Gold Project for years, to backing a credible team with deep-pocketed investors and knowing when to sell rather than build. John Dorward shares what he looks for in a project (value, resource quality, jurisdiction and fixable problems), how his thinking has shifted at a $4,000 gold price, why Converse in Nevada became a $550 million sale to SSR Mining (NASDAQ: SSRM), and whether he thinks the gold cycle still has legs. He also previews what’s next for the new spinco coming out of Roxmore, with its Rattlesnake Hills and Newton projects, and gives his views on StrikePoint’s (TSX-V: SKP) recent acquisition of the Northumberland Gold Project from Newmont.00:00 Introduction00:25 Two golden exits in two months: How?02:18 When to choose an opportunity: Value first04:18 Ausgold case study: the resource and the farmer dispute07:02 Winning over investors to back the story10:45 Build it or sell it? Why the strategy doesn't change12:00 Does the gold cycle matter when choosing projects?15:32 Why jurisdiction matters: Senegal, Burkina Faso, Nevada and WA18:33 Is the gold cycle done?19:48 The Roxmore spinco: Rattlesnake Hills and Newton21:28 StrikePoint and Northumberland 📺Youtube https://www.youtube.com/@CattCalls#🎧Apple Podcastshttps://podcasts.apple.com/us/podcast/catt-calls-no-fear-finance/id1896925377💬Xhttps://x.com/CattCalls💻Websitehttps://www.cattcalls.com https://www.roxmoreresources.com/ https://ausgoldlimited.com/⚠️ Disclaimer: The information contained in this video is for informational and entertainment purposes only and does not constitute financial advice, investment advice, or a recommendation to buy or sell securities. Always conduct your own research and consult a licensed financial advisor before making investment decisions. #goldmining #goldstocks #ausgold #roxmore #johndorward #strikepoint #simoncatt

The Tungsten price is up around 10x in a year, so have we missed it? In this Coffee With Catt, Simon Catt says we’ve missed the easy money but not all of it, and explains why he’s started building a position in Blue Moon (TSX: MOON) and The Elmet Group (NASDAQ: ELMT) after visiting its Springer tungsten mine in Nevada. We look at why tungsten is the “war metal”, how US-China rivalry and global rearmament are driving demand, and what the US Department of War’s $450M investment in Elmet (ELMT), with $150M passed on to Blue Moon, means for the only significant US tungsten mine. Simon also explains why he’s buying even though he expects tungsten prices to fall over time, walks through the plan to restart Springer, compares Blue Moon and Elmet with MP Materials, and responds to Viceroy Research’s short attack. 00:00 Introduction00:45 Did We Miss the Tungsten Move?02:00 Blue Moon Metals & Elmet Group - Springer: America's Next Tungsten Mine04:00 What's Driving The Tungsten Market?05:41 US & Global Defense Spending 07:23 Forever Wars - Cumulative US Military Interventions08:25 The Elmet Group - Tungsten Demand For Defense 09:30 Will China Flood The Market With Tungsten? (EQ Resources Story)15:25 Why US Tungsten? (ELMET, Tungsten West, EQ Resources, Almonty)17:52 Tungsten Price Explained - $2,800 MTU & Super Profits20:30 Tungsten Supply Coming Online23:10 Will Tungsten Stocks Sell Off?25:20 Blue Moon Metals Valuation & Springer Tungsten & EQ Resources29:07 Blue Moon Metals Timelines for Production & APT Plant32:30 Springer Tungsten Mine; Location, Team, Drill Rigs & Other Minerals42:20 The Elmet Group, MP Materials & Blue Moon Metals Valuations46:23 Buying Both Elmet Group and Blue Moon Metals49:30 Viceroy Research Shorts on Blue Moon Metals 55:45 Blue Moon Metals Share Price59:00 Investment Thesis RecapCatt Calls Article:https://www.cattcalls.com/catt-calls/blue-moon-hard-metal Companies Discussed:Blue Moon Metals (TSX: MOON)The Elmet Group (NASDAQ: ELMT)EQ Resources (ASX: EQR)MP Materials (NYSE: MP)Viceroy Research 📺Youtube https://www.youtube.com/@CattCalls#

Vizsla Copper's SVP Corporate Development, Keith Bodnachuk (standing in for Vizsla Copper CEO Craig Parry) explained how Vizsla Copper (CVE: VCU), spun out of Vizsla Silver (TSE: VZLA) and part of the Inventa group, has built up its copper portfolio through M&A, from the Woodjam and Poplar porphyry projects in British Columbia to the Palmer VMS project in Alaska. He covered the strong drill results at Palmer, including a new discovery at the HG prospect awaiting assays, and the Agnico Eagle deal that adds the Delta and Helm Bay projects and makes Agnico the company’s largest shareholder at just under 20%. He also spoke about his day job at Cosa Resources (TSXV: COSA), which has the same discovery team behind IsoEnergy’s Hurricane deposit, and outlined its Athabasca Basin drilling plans at Murphy Lake North and Derby, backed by Denison as largest shareholder. Recorded at the Arlington Rapallo on 13th September 2026, with Simon Catt interviewing. 00:00 Welcome to Rapallo00:37 Vizsla Copper’s M&A strategy and BC porphyries02:50 The Agnico Eagle deal: Delta and Helm Bay04:52 Palmer vs Delta: which comes first06:05 Barite and critical minerals at Palmer06:45 Palmer drill results and the HG discovery07:42 What’s next: Woodjam results and portfolio value09:45 Cosa Resources: Murphy Lake North, Derby and the Hurricane team 📺Youtube https://www.youtube.com/@CattCalls# 🎧Spotifyhttps://open.spotify.com/show/0Q6k9rcR3zr8qwVHBry1kP🎧Apple Podcastshttps://podcasts.apple.com/us/podcast/catt-calls-no-fear-finance/id1896925377💬Xhttps://x.com/CattCalls💻Websitehttps://www.cattcalls.comhttps://vizslacopper.com/https://www.cosaresources.ca/⚠️ Disclaimer: The information contained in this video is for informational and entertainment purposes only and does not constitute financial advice, investment advice, or a recommendation to buy or sell securities. Always conduct your own research and consult a licensed financial advisor before making investment decisions. #VizslaCopper #Copper #copperstocks #coppermining #uraniummining #cosaresources #simoncatt #cattcalls #juniormining

Michael Allen, President & CEO of StrikePoint Gold (TSXV: SKP | OTCQB: STKXF), joins Simon Catt from Catt Calls to break down the Northumberland Gold Project, the Nevada asset StrikePoint is buying from Newmont (NYSE: NEM) for US$70M cash plus up to US$50M in contingent payments, funded by a C$190M bought deal financing. Northumberland is a past-producing, Carlin-style deposit with an initial resource of 2.86 Moz AuEq indicated and 1.57 Moz AuEq inferred (about 4.4 Moz in total), and Michael Allen explains why he compares it to Betze-Post, why he thinks Newmont let it go, how the deal came together in about six months, and how he plans to drill it out and build the team ahead of a major project update in late 2027 or early 2028. Update: the acquisition closed on October 6, 2026, after this interview was recorded. 00:00 Introduction & Betze-Post Comparison 00:22 StrikePoint Raises C$190m to Buy Northumberland from Newmont01:02 Why is Northumberland Similar to Betze-Post?02:27 Why Did Newmont Sell Northumberland?04:02 Michael Allen's Background04:47 How Did the Northumberland Deal Emerge?05:56 What's the Plan with the Northumberland Asset?07:09 Building a Strikepoint Gold Team for Northumberland08:45 What Will StrikePoint Gold Look Like in September 2027?09:40 Cash Position09:57 The Potential Future Resource InventoryResource figures are from StrikePoint's October 6, 2026 news release:https://strikepointgold.com/strikepoint-completes-acquisition-of-the-northumberland-gold-project-from-newmont-corporation-escrow-release-conditions-satisfied-for-c190-million-bought-deal-financing-led-by-canaccord-genuity/If you are an investor interested in gold mining, gold exploration, gold exploration stocks and gold mining stocks, subscribe to Catt Calls and sign up to the Catt Calls Newsletter on https://www.cattcalls.com/ . 📺Youtube https://www.youtube.com/@CattCalls#

Sun Valley Minerals CEO Christo Stem joins Simon ahead of the company's Toronto Stock Exchange listing to explain how it has quietly become the largest landholder in Uruguay, and why it is fully funded to start drilling as soon as it lists. Sun Valley Minerals has grown its Taruman belt position from roughly 50 kilometers to close to 150 (licences granted and applications filed), with high-grade gold occurrences at surface along tens of kilometers of strike, and is already building a pipeline at Plumas Doradas. The company has C$15 million in the bank after two raises of just over $8 million and $10 million, has bought its own RC and core rigs, and has hired a drilling manager out of South Africa to run drilling in-house rather than rely on contractors. That funds at least 20,000 meters of RC drilling, with around 10,000 meters of deeper core to follow. For anyone following gold stocks, junior mining stocks or gold exploration, the tell is in the share register: Kinross Gold (TSX: K) lifted its position from 9.9% to 14.9%, and Altius Minerals (TSE: ALS) has participated in every raise. Christo Stemmet also makes the case that this is a multiple-discovery story rather than a one-project company, or as he puts it, 'There's just so much gold in the system.'"00:00 Welcome Back to Rapallo Sun Valley Minerals00:30 New Shareholders and TSX Listing01:20 Uruguay Gold Exploration Project Overview02:45 Drilling in Uruguay04:05 TSX Listing Timeline, Drilling & Financing05:30 Cash Runway and Goals07:30 What's the Size of the Prize? Taruman & Plumas Doradas09:00 Kinross Gold Expectations10:25 One Year Timeline and Catalysts 📺Youtube https://www.youtube.com/@CattCalls# 🎧Spotifyhttps://open.spotify.com/show/0Q6k9rcR3zr8qwVHBry1kP🎧Apple Podcastshttps://podcasts.apple.com/us/podcast/catt-calls-no-fear-finance/id1896925377💬Xhttps://x.com/CattCalls💻Websitehttps://www.cattcalls.comhttps://www.sunvalleyminerals.com/⚠️ Disclaimer: The information contained in this video is for informational and entertainment purposes only and does not constitute financial advice, investment advice, or a recommendation to buy or sell securities. Always conduct your own research and consult a licensed financial advisor before making investment decisions. #Goldexploration #Goldmining #goldstocks #golddiscovery #kinrossgold #sunvalleyminerals #cattcalls #juniormining #altiusminerals