The Hole Truth: Mining Investment Podcast

Andean Silver on the March in Chile - Tim Laneyrie (ASX:ASL)

Silver is hot and Andean Silver (ASX: ASL) is one of the few ASX listed companies offering substantial exposure to the metal. The company already has a sizable resource and drilling results show that it is poised for substantial growth. This is against a backdrop of extensive M&A action in the silver space and more-and-more of the North American institutions are coming on the Andean register.
 
Tim Laneyrie, Chief executive Officer at Andean Silver is a geologist with 19 years’ industry experience. His most recent position was in business development at Northern Star (ASX:NSE), where he conducted evaluations on potential project acquisitions and asset divestments, notably the Saracen/Northern Star merger and Super Pit acquisition. He has also held senior positions with Saracen Minerals.
 
----
 
INSIGHTS FROM THE EPISODE:
Significant Resource Growth and Drilling SuccessSince acquiring the Cerro Bayo project 18 months ago, Andean has grown its silver equivalent resource by 340%, reaching 111Moz. Ongoing drilling, including brownfields and new vein discoveries, points to substantial upside and continuous growth potential.
 
North American Interest and M&A PotentialThere's growing corporate interest from North American silver companies looking to acquire permitted assets with infrastructure. Andean is on their radar, with major institutions increasingly taking positions on the register and building internal valuation models.
 
Undervalued Relative to Global PeersAndean believes its current market cap (~A$165M) significantly undervalues the resource. Applying average North American deal metrics (~US$1.50–$14/oz), the project could justify a valuation of ~$340M+, especially considering its existing mill and permits.
 
Silver and Gold Combo Driving AppealThe project contains both silver (47Moz) and gold (nearly 800koz), making it a highly attractive dual-commodity asset at a time when both metals are performing strongly. Analysts have set target prices near $3/share, nearly triple the current share price.
----
RESOURCES
LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast
YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC&si=iOcGscff7kMSw8c7
Website: https://theholetruth.podbean.com
 
----
Produced by Resource Media
----
The Hole Truth: Mining Investment Podcast is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Sun Silver Riding the Silver Wave in Nevada - Andrew Dornan (ASX: SS1)

Sun Silver (ASX: SS1) positions itself as the most leveraged silver stock on the ASX. The company’s Maverick Springs Project already has a very big resource with scope to continue growing while upgrading the inferred resource to indicated status, carrying out metallurgical studies and preparing for a scoping study.
----
Produced by Resource Media
----
The Hole Truth: Mining Investment Podcast is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 
 
RESOURCES
LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast
YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC&si=iOcGscff7kMSw8c7
Website: https://theholetruth.podbean.com
NOTABLE INSIGHTS
1. Sun Silver is the most leveraged silver play on the ASX
Sun Silver owns the largest primary pre-production silver asset in the US, Maverick Springs, with a resource of 480Moz at 68.29g/t.
Despite this, the company trades at just $0.16 per in-ground ounce, compared to ~$1 on the ASX and ~$2 on North American exchanges — highlighting a significant valuation gap and investment opportunity.
2. Silver demand is booming — and supply can’t keep up
The silver market is in supply deficit, driven by increased demand from solar panels, AI data centres, and solid-state batteries (which could alone require up to 150Moz/year by 2030).
Silver’s dual role — as an industrial metal and monetary hedge — is gaining traction, with growing recognition of its critical role in green energy and economic uncertainty.
3. Parallel workstreams are accelerating project value
Sun Silver is advancing infill drilling, metallurgical testing, and resource expansion simultaneously.
A second near-surface resource is expected soon, enabling possible early revenue and reducing pre-production capital costs.
A scoping study is targeted for Q2 2026, assessing multiple processing routes to maximise recovery and value.
4. The ASX still undervalues silver — but that may change fast
Australian investors are still warming up to silver, much like they were with lithium a decade ago.
Dornan believes silver will eventually be classified as a critical mineral, and as awareness grows, capital will follow the opportunity, especially with a supportive silver price environment and growing M&A activity in the sector.

In Like Flynn in Tasmania: Neil Marston – Flynn Gold (ASX: FG1)

Flynn Gold (ASX: FG1) has recently unveiled some highly promising results at the Grenadier Prospect which sits within the Golden Ridge Project in Tasmania. The results suggest it could be on to a significant discovery. The company has a market cap of just $12 million and many followers believe the area is an extension of the rich goldfields which hosts the $1.5 billion Southern Cross discovery.
----
Produced by Resource Media
----
The Hole Truth: Mining Investment Podcast is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 
 
 

David Southam - Cygnus Metals: A fresh copper-gold opportunity for investors (ASX: CY5)

The hunt is on for copper stocks which have not already run hard. Those with some gold, a resource and a proven management team are particularly sought after. In this episode, we speak to one such company which appears to tick all the boxes investors are now looking for.
----
Produced by Resource Media
----
The Hole Truth is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Taz Aldaoud - PhosCo: Fertilizer to help feed the world (ASX: PHO)

PhosCo owns the big Gasaat phosphate project in Tunisia. After years of hard work behind the scenes, Gasaat looks set to have its day in the sun, with an important drilling program about to start followed by a BFS. PhosCo's strategy to create huge value is simple: Establish Gasaat as a world-scale phosphate project which generates vast wealth for the local community, Tunisia and shareholders alike.   
----
Produced by Resource Media
----
The Hole Truth is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Luke McFadyen - Minerals 260 Unlocking The Bullabulling Gold Project in WA (ASX: MI6)

Minerals 260 (ASX: MI6) has acquired the Bullabulling Gold Project in WA. It has a 2.3 million ounce resource but that all lies within 50 to 100 metres of surface. The company has just started an 80,000 metre drilling programme to grow this resource at depth and along strike.
----
Produced by Resource Media
----
The Hole Truth is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Brett Mitchell - Javelin Minerals Aiming to Become Another Major Brownfields Gold Exploration Success Story (ASX: JAV)

Javelin Minerals (ASX: JAV) has two brownfields gold exploration projects near Kalgoorlie in WA. Both have established JORC resources and the company has active drilling programmes at each one. Both projects have been exposed to little or no modern exploration, have opened mineralisation and numerous targets to test.
----
Produced by Resource Media
----
The Hole Truth is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Ian Bamborough - Saturn Prepares for Take-off at Apollo Hill Gold Project (ASX: STN)

Saturn Metals (ASX: STN) is developing a big heap leach gold project in WA’s eastern goldfields. The project has very low CapEx and OpEx forecasts giving it very strong cash margins and fast payback times. It will use well known technology and mining approaches to produce more than 120,000 ounces of gold a year.
----
Produced by Resource Media
----
The Hole Truth is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Patriot Battery Metals: a Counter Cyclical Investment Opportunity (ASX: PMT)

There are now half a dozen reasons to believe that Patriot Battery Metals (ASX: PMT) may be a classic counter cyclical investment opportunity. Changing technology, geopolitical disputes that could open the door to growing demand for non Chinese lithium and battery chemicals and the fact that the share price has been sold off with other lithium stocks means this could be a great opportunity for investors.
----
Produced by Resource Media
----
The Hole Truth is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Daniel Mamadou - Energy Transition Minerals And a Huge Rare Earths Prize (ASX: ETM)

Energy Transition Minerals (ASX: ETM) and a rare earths project at the centre of the growing geopolitical storm.
----
Produced by Resource Media
----
The Hole Truth is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.