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A2 Gold is Now a Multi-Asset Nevada Powerhouse with Gold, Silver, and Antimony

CEO.CA Apr 9, 2026 8:34

Summary

Only about 18% of the Eastside deposit has been drilled, so most of the expanded 30,000-metre program tests new ground.

The CEO frames the drilling as a hunt for a third or fourth Eastside deposit, with two ore bodies defined today.

Taylor's historical silver estimate dates to 2018 — 11 million ounces at $17 silver, about 20 million at $30, mostly measured and indicated.

Antimony rides along with Taylor's gold zones, useful mainly as a route to U.S. government grants rather than a new business line.

More than $15 million in cash plus roughly $3 million in warrants covers both programs into 2027, so no raise is needed yet.

Rachel Tidball's takeaways

  • Top takeaway Tidball frames the interview around whether the shift to a multi-asset Nevada company - gold, silver and antimony - reflects a real change in strategy since the company's prior appearance in January.
  • She presses the CEO on the geological data that justified expanding to 30,000 metres of drilling outside the known resource, asking what moved the company from resource definition back into an aggressive exploration phase.
  • She challenges the staleness of the Taylor silver estimate, noting it is over a decade old and was based on lower metal prices, and asks what process and timeline will bring it into a modern, compliant resource.
  • She tests whether antimony, a critical mineral identified by the US government, changes exploration priorities, and whether the company would look for a separate partner to develop the critical-mineral side of the business.
  • She requests a breakdown of the current cash position and how the burn rate will be managed if drilling results require further follow-up later in 2026, then raises the tension between proving up a multimillion-ounce resource and high drilling and permitting costs in a competitive Nevada market.

Peter Giannullis's takeaways

  • Top takeaway Giannullis argues A2 Gold should be seen as a multi-asset Nevada developer rather than an Eastside-only project, after adding the Taylor project with its historical silver resource and critical-mineral component.
  • He credits project-wide ground gravity and airborne magnetics, alongside earlier geochemistry and sampling, with identifying four to six additional targets at Eastside that historically lacked the capital to test, and expects the 30,000-metre RC program to give them a proper first test.
  • He says financing is not a concern: over 15 million in the bank as of early April 2026, about 3 million of warrants maturing soon, and enough budgeted capital to cover Eastside and a smaller Taylor program through at most the end of 2027 without new raises.
  • He expects Taylor's historical silver estimate to expand through step-out drilling this year, describing the drilling there as relatively inexpensive and started once the acquisition closes, and argues the 2018 estimate (around 20 million ounces at up to $30 silver, mostly measured and indicated) was never properly tested.
  • He insists gold and silver remain the target and treats antimony as a bonus usable for US government grants, while noting Taylor had two past-producing antimony projects; he also describes the company as disciplined and frugal, with every drill hole having a reason and drilling contracts signed before oil moved from $60 to $110.