❗COMPANIES MENTIONED/FEATURED IN THIS PUBLICATION HAVE NOT PAID FOR THIS VIDEO. Viewers are encouraged to understand that Resource Talks is a business that creates and publishes video interviews in exchange for monetary compensation. This means that there will always be a conflict of interest with the interviewees which means you can never rely on anything said herein. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. You further acknowledge that entities which may be referenced or featured in this publication or their related parties may hold an interest in Resource Talks or its affiliates, which may create further conflict of interest.In general, viewers, listeners, and readers are encouraged to understand that this YouTube channel is a business that aims to receive compensation for the creation & publication of content. Viewers, listeners, and readers should should always assume there is a conflict of interest, as well biases. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help.The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.Timestamps:00:00:00 Chapters00:00:13 Very Important Warning00:00:49 Where are we in the cycle?00:12:16 How much cash is Lobo keeping now?00:17:01 How do I not waste the bull market?00:21:06 Should I be a contrarian in this market?00:26:04 How should I value mining stocks in a bull market?00:31:50 Would Lobo pay +100M for a pre-discovery company?00:35:38 Do prospect generators make sense in a bull market?00:41:58 What could be a value trap in a bull market?00:45:51 Where will the cycle go over 2026?00:48:30 Is triple digit silver still just a dream?00:50:03 Why is Lobo still not buying copper stocks?00:51:15 Silver or copper?00:56:30 How does Lobo Tiggre exit positions in this market?00:58:52 What jurisdictions does Lobo Tiggre like?01:00:33 Closing thoughtsThis is an conversation about investing in the ongoing bull market with Lobo Tiggre.

❗BLUE MOON METALS HAS PAID FOR THIS VIDEO. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication.The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.

Read official company filings on www.SedarPlus.ca.

Timestamps:00:00:00 Chapters00:00:15 Important Warning00:01:13 Blue Moon Metals Company Overview00:03:03 What is their favorite project?00:07:47 What are the biggest geological risks for Nussir?00:09:40 How much money do they need to de-risk Nussir?00:11:10 What's the exploration target size?00:15:08 What are the structural controls at Nussir?00:18:58 What is the metallurgy at Nussir?00:20:48 What's the grade in-concentrate they expect at Nussir?00:22:09 What's the PGE association at depth?00:25:30 Does the geology get more complicated at depth?00:26:49 When are assays expected?00:27:49 Do they have to deal with salt water?00:28:39 What is the market missing about Nussir?00:30:57 Is there enough space for a mining operation at Nussir?00:34:14 Would they ever mine in an open pit setting?00:35:35 Are the protests still ongoing?00:36:40 How will they deal with the soft minerals at Springer?00:41:45 Will they feed everything through the same mill?00:48:55 What's the metallurgy at Blue Moon?00:51:20 What are they going to do with the tailings?00:52:58 What's the tungsten metallurgy at Springer?00:54:17 What's the biggest determinant of profitability in the US?00:56:55 Why ore sorting? 00:58:53 How much are they expecting for CAPEX?00:59:53 What is the NSG project really about? 01:01:48 Is the legacy data at NSG of any value?01:04:32 What's the metallurgy at NSG?01:06:26 How do they choose drill targets at NSG?01:07:26 How much drilling do they need at NSG?01:08:09 What's the exploration target size at NSG?01:09:36 What's the biggest criticism of the geology?01:13:47 Is the stock getting ahead of itself?01:15:48 Closing thoughts01:19:52 Very Important Warning - DO NOT SKIPInterview with Blue Moon Metals’ leadership: CEO Christian Kargl-Simard, President & COO Skott Mealer, and VP Exploration Theodore Veligrakis.

❗ORECAP INVEST HAS PAID FOR THIS VIDEO. Viewers are encouraged to understand that Resource Talks is a business that creates and publishes video interviews in exchange for monetary compensation. This means that there will always be a conflict of interest with the interviewees which means you can never rely on anything said herein. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. In general, viewers, listeners, and readers are encouraged to understand that this YouTube channel is a business that aims to receive compensation for the creation & publication of content. Viewers, listeners, and readers should should always assume there is a conflict of interest, as well biases. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help.The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.Timestamps:00:00:00 Chapters00:00:25 Very Important Warning 00:02:11 Is Canada falling behind?00:08:22 What are the main issues in Canada? 00:34:48 Is Canada still investable?00:36:20 Is the OreGroup getting too big for its own good? 00:42:16 How do I know I'm getting Stephen's full attention? 00:49:00 How did OreGroup companies do this past year? 00:56:30 What's the business strategy behind Orecap? 01:03:13 What's the long-term plan for the group? 01:06:49 What are the group's pivot criteria for 2026? 01:12:31 What would they consider success in 2026?01:15:15 Very Important Warning - DO NOT SKIP This is an Orecap Invest interview with CEO, Stephen Stewart.