For anyone that is new to the story and has not seen all the other podcasts, do you want to talk about like some of the best results you came out with on this 21,000 meter drill program at the Tyro Main and Northeast Tyro? Because there's some pretty spectacular ones.

Yeah, there are a number of spectacular holes, particularly at Northeast Tyro.

I mean, this program started in September 2025.

We've had good results up and down.

I think the best hole that we drilled in Northeast Tyro and the best hole this program was 66 meters at six and a half grams.

That is a spectacular hole, especially considering it's only 300 meters from surface.

I mean, that's what really opened up Northeast Tyro and gave us that idea that we had multiple boiling zones.

Again, for anyone that's new to the show or hasn't seen all the other podcasts with us for that possibility of the mind, do you want to just walk us through the great land package that you guys have, like all the benefits and upside of obviously being in the U.S. A lot of people know, but just walk us through like the project and all the infrastructure, et cetera.

How significant is this depth and width grade that you just came out with, with this whole, like for the Northeast Tyro as a whole, as you continue out with the project?

We'd seen a few holes a little bit shallower than this that were maybe not as exciting, still decent grades, but not as exciting as some of the 200 gram meter intercepts we've been hitting.

And this is another, you know, on a true width basis, this is another 200 gram meter intercept.

And so I think that this just really highlights the scale potential, right? And the intensity of mineralization, you can kind of see it in the core photos that we show in the press releases.

What it shows in those core photos, and I'm not a geologist, so I'm kind of parroting what Rob, our VPX said, but what happens there is that we have a breccia, and that breccia has a lot of energy in it.

which implies that actually that gold and that forms that breccia, which is kind of a collection of quartz glued together, is coming from deeper, which means you still have boiling below where this zone hits.

That's kind of, I mean, you got to drill the holes to figure it out.

Again, with the success that you've had at the Northeast Tyro Zone, assuming you are going to plan your drilling for later this fall, 2026, 2027, into 2027, and focus there, or has anything changed for those plans now with this amazing poll that you've come up with?

Can you just walk us through where that takes you across the line with that funding, and then with that doubling of your drill program, what you got to see for some of the broader mineralization?

I think we timed the market well with our, with our financing.

We were able to raise $25 million Canadian in, uh...

We announced the financing in January and closed it in February, uh, really before the, kind of the market got challenged with the, with the Iran war.

And so that $25 million, coupled with the money we have, coupled with the in-the-money warrants, uh, that we also have, we got pretty good runway ahead of us.

We've now just wrapped up a 20,000-meter drill program, finished at just over 21,000 meters.

Um, but we're funded for, you know, if we drill about 30,000 meters in our next drill campaign, so our operational year is roughly September to May, so if we drill 30,000 meters next year, we would finish, uh, you know, kind of May next year with about $10 million in cash.

Um, as far as, 'cause you can speak on the macros as well, what are you thinking long-term or still paying attention to as we're going through this all?

Walk us through your broad thoughts on gold's price action since the war began and really what this is signaling about risk and overall confidence in this market right now.

Yeah, I think it's interesting.

A lot of people have pushed back on the gold price because it went down when you had this sort of significant geopolitical event.

But the reality is risk premiums came out of the market across the board and lots of people had profits in gold.

And I think as you saw investors deleverage, gold was one of those places where they took profit.

And so I think that's what we've seen over the last sort of six weeks.

I think we found a level here around $4,500 or $4,600.

But in your opinion, what matters the most when you consider, I mean, government spending, geopolitics, declining trust in the U.S. dollar? I mean, what right now do you think is one of the most important factors?

Are those likely to be those sorts of trends that continue to drive this higher into the new year?

Well, I think you kind of outlined those key factors, right? You have central bank buying, which I think is going to continue.

I mean, there's still the weaponization of the SWIFT system with respect to that.

I think it's still something that central banks are going to be focusing on and continue to de-dollarize at the slow pace that they are doing that.

And so that's going to provide buying support for gold.

The other thing is that you have this liquidity.

I don't see any government slowing down their spending anytime soon.

Is that something that you're seeing?

And how meaningful is that shift in physical gold from west to east in terms of global economic power?

I think it really relates back to what happened with Russia when they got shut out of the global SWIFT system.

And so that is a significant driver.

If you're a holder of US dollars and you think you might need those US dollars to fight a war, you need to get out of those US dollars and get into something that you can trade with anybody.

And that's where gold came in.

I mean, if you look at the largest buyers of gold, it's been China, It's been Russia when they could.

Now, they're selling to fund a war effort.

And for the investors who are watching, who are interested in gold, what's the best play here with the price action that we're seeing? Is it in physical gold? Is it in gold-tied equities and ETFs here? If they want to make an entry point, what do you think is the best approach? And also, where do you see gold going by end of year or early 26th?