Skip to main content

Michael Gross of TruSilver Metals Corp. talks to Peter Krauth | Metals Investor Forum Sept. 2026

Metals Investor Forum Sep 28, 2026 8:29

Summary

TruSilver Metals CEO Michael Gross argues the historic Walton silver mine in Nova Scotia may be a small expression of a much larger system.

Two deepened holes south of the old workings cut barite (drilling-mud mineral) and siderite, rocks that capped the historic deposit.

Lab assays from those holes are delayed by the fall backlog, so an October drill program will test how far the structure runs.

Rio Tinto staked every surrounding claim in November, which Gross reads as outside interest in a district modern exploration has barely touched.

A qualifying-transaction listing (a TSX-V shell route to market) is with the exchange, and the pre-listing company carries a $10 million market cap.

Peter Krauth's takeaways

  • Top takeaway The host calls TruSilver 'definitely one to watch' and urges viewers to follow the company's website and news as it prepares to go public.
  • He steers the interview toward the latest drilling results, the listing timeline, the new neighbors on the ground, and the path investors should watch toward a resource.

Michael Gross's takeaways

  • Top takeaway Gross argues the deepened historical holes confirm Walton-style geology at TruSilver — barite and siderite above the sulfide horizon that hosted the silver — with assays still outstanding.
  • He contends Nova Scotia has barely been explored because a uranium drilling moratorium spread to all drilling, and sees the government now encouraging mineral exploration for royalty income.
  • He treats Rio Tinto's staking of the surrounding ground in November as outside interest in the area and suggests a few other companies may be interested as well.
  • He says the exchange listing is nearly complete and that people will be able to participate 'very soon', with the company at roughly a $10 million market cap.
  • He describes a deliberately cautious, risk-mitigated way of running the company because it started with little money, keeping drilling costs and plans tight to avoid surprises.