Company Reports

Canada One Mining Corp. (TSXV: CONE) is positioning its Copper Dome Project in British Columbia as a low-cost exploration play in a proven copper belt. In a recent PDAC 2026 interview, CEO Peter Berdusco outlined the company’s strategy, including its five-year drill permit, proximity to Hudbay Minerals’ Copper Mountain Mine, and ongoing work to refine drill targets. The project benefits from road access and nearby infrastructure, helping keep exploration costs lower than remote projects. With multiple zones identified and additional geophysical work underway, the company is working toward a future drill program aimed at advancing the project toward potential discovery. [more]

Watch our PDAC 2026 interview with Peter Clausi of Silver Bullet Mines (TSXV: SBMI). The discussion focuses on active production at the King Tut and Super Champ mines in Arizona, supported by a company-owned mill. Clausi outlines the dual revenue approach, combining concentrate sales and direct shipping ore, and explains how high-grade material supports margins. The interview also touches on recent acquisitions and upcoming work at the Washington Mine in Idaho. The conversation provides a direct look at how Silver Bullet Mines is moving from development toward steady operations. [more]

At PDAC 2026, Robert Boyd of Endurance Gold outlined recent progress at the Reliance Gold Project in British Columbia. The company recently reported an inaugural inferred resource totaling 1.45 million ounces of gold and plans additional drilling to expand the system. An $8 million financing is expected to fund exploration, including step-out drilling and new target testing across the property. Several undrilled targets show encouraging geochemical signatures and strong gold values. The project sits near the historic Bralorne mining camp and continues to build momentum as the company advances drilling, metallurgical work, and early economic studies. [more]

We have published a new Update Report on Silver Bullet Mines Corp. (TSXV: SBMI | OTC: SBMCF). The Company is advancing a dual revenue model combining mill concentrate operations in Arizona with a direct ship ore agreement also covering its Arizona assets, and Idaho upside with a planned bulk sample. Based on projected sustainable run-rate cash flow and a discounted 7.0x multiple relative to peers, we are maintaining our Speculative Buy rating and increasing our one-year target price to $0.70. The valuation reflects early-stage but improving operational momentum while acknowledging execution, liquidity, and grade sustainability risks. The report provides detailed financial analysis, valuation methodology, and discussion of key operational catalysts. [more]

We have written a 23-page Update Report on Silver Bullet Mines Corp. (“SBMI” or “the Company”) (TSXV: SBMI | OTC: SBMCF), a Canadian-based precious metals exploration and development company operating in Arizona and Idaho. The company has transitioned from development to commercial production, completing its first concentrate sales in 2025 from the King Tut gold mine and Super Champ silver mine. With three active projects and a fully operational mill in Globe, Arizona, SBMI is advancing toward multi-asset production. We maintained a Speculative Buy rating but increased our one-year price target to $0.40, based on forward cash flow estimates from the company’s three active mining operations. [more]

We have written a 20-page Update Report on DATA Communications Management (DCM) after it released its Q3/2025 financials. DCM reported Q3/2025 revenue of $105.4 million, down 3.1% year-over-year, reflecting softer enterprise spending and Canada Post labour disruptions. Despite revenue pressure, operating discipline supported stable profitability, with Adjusted EBITDA of $12.3 million and a 15% reduction in SG&A expenses. Management highlighted growing traction in AI-enabled platforms, including contentcloud.ai and CCM360, with a solid pipeline into 2026. Net Debt was $80.6 million, with over $40 million in liquidity. We maintain our Buy rating but lower our one-year target price to $4.00 from $6.55. [more]

The advertising industry is undergoing a major transformation as Generative AI reshapes creative processes, campaign execution, and audience targeting. Market dynamics are shifting, with total online ad spend projected to grow significantly and new entrants gaining share against dominant players like Alphabet, Amazon, and Meta. Emerging platforms such as TikTok, Snap, and Spotify are attracting advertiser budgets, while Canadian ad tech firms, including EQ Works, Nextech3D.ai, Adcore, and Zoomd Technologies, are positioned to benefit from the evolving landscape. Agencies face disruption but remain relevant for strategic and brand-focused roles in a hybrid, AI-assisted future. [more]

Elemental Altus Royalties Corp. (TSXV: ELE | OTCQX: ELEMF) has signed a definitive agreement to acquire EMX Royalty Corp. (TSXV: EMX | NYSE American: EMX) in an all-share transaction valued at US$456 million. The Elemental EMX merger is expected to close in Q4/2025, subject to shareholder, court, and regulatory approvals. The combined company will operate as Elemental Royalty Corp., holding 16 producing royalties and more than 200 assets globally. Management expects the Elemental EMX merger to support approximately US$80 million in adjusted revenue by 2026. [more]