Research from Atrium Research, Atrium Research Corporation

Atrium Research

Research from Atrium Research

Atrium Research Corporation

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis. 

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Equity Bottom-Up

<ul>
<li>AGC announced results from seven historic drill holes previously unassayed, which included 1,496 samples totalling 1,629m.</li>
<li>Assays displayed continuity of high-grade, near-surface mineralization dipping to the southern portion of the deposit.</li>
<li>Multiple strong intercepts were reported, including 6.12 g/t over 3.5m and 4.60 g/t over 12.7m.</li>
</ul>


AGC announced results from seven historic drill holes previously unassayed, which included 1,496 samples totalling 1,629m.
Assays displayed continuity of high-grade, near-surface mineralization dipping to the southern portion of the deposit.
Multiple strong intercepts were reported, including 6.12 g/t over 3.5m and 4.60 g/t over 12.7m.


AGC: Unassayed Core Displays High-Grade, Near-Surface Continuity

<ul>
<li>Precious metals were mixed in May amid easing geopolitical tensions, with gold down 1.7% and silver up 2.6%.</li>
<li>Mining equities finished broadly higher, with the GDX up 1.3%, GDXJ up 2.4%, despite gold’s pullback, while SILJ gained 5.8% and COPX climbed 10.7%, with the TSX up 2.1% and the S&amp;P500 up 5.4%.</li>
<li>M&amp;A momentum further accelerated in May with Equinox Gold’s ~US$5.1B all-share acquisition of Orla Mining to create North America’s second largest gold producer (~1.1Moz of annual projection), building on Agnico Eagle’s and G Mining Ventures’ large deals in April.</li>
</ul>


Precious metals were mixed in May amid easing geopolitical tensions, with gold down 1.7% and silver up 2.6%.
Mining equities finished broadly higher, with the GDX up 1.3%, GDXJ up 2.4%, despite gold’s pullback, while SILJ gained 5.8% and COPX climbed 10.7%, with the TSX up 2.1% and the S&amp;P500 up 5.4%.
M&amp;A momentum further accelerated in May with Equinox Gold’s ~US$5.1B all-share acquisition of Orla Mining to create North America’s second largest gold producer (~1.1Moz of annual projection), building on Agnico Eagle’s and G Mining Ventures’ large deals in April.


Canterra Minerals Corp - Mining Monthly: May Edition

<ul>
<li>AGC announced that the 2,100m of historic drill core is currently being assayed and is expected to confirm continuity of mineralization at the Akyanga deposit, with results expected later this quarter.</li>
<li>Additionally, AGC is preparing to kick off its 15,000m Phase 1 drill program and expects to engage a drill contractor in the coming weeks.</li>
<li>AGC has increased its 2026 drill program to 42,000m, which will include a Phase 2 program later this year.</li>
</ul>


AGC announced that the 2,100m of historic drill core is currently being assayed and is expected to confirm continuity of mineralization at the Akyanga deposit, with results expected later this quarter.
Additionally, AGC is preparing to kick off its 15,000m Phase 1 drill program and expects to engage a drill contractor in the coming weeks.
AGC has increased its 2026 drill program to 42,000m, which will include a Phase 2 program later this year.


AGC: Assaying Underway; 2026 Drill Plans Increased to 42,000m

<ul>
<li>Avanti is a gold exploration company focused on its Misisi gold project in the DRC, which hosts an Inferred gold resource of 3.1Moz at 2.37 g/t Au.</li>
<li>Having recently appointed new management and closed a $25M financing in October, the Company is now positioned to launch an expansive exploration program in 2026, which we believe shows potential of growing the resource to over 5.0Moz within the next two years.</li>
<li>AGC trades at just US$34/oz in the ground vs. peers at US$185/oz.</li>
</ul>


Avanti is a gold exploration company focused on its Misisi gold project in the DRC, which hosts an Inferred gold resource of 3.1Moz at 2.37 g/t Au.
Having recently appointed new management and closed a $25M financing in October, the Company is now positioned to launch an expansive exploration program in 2026, which we believe shows potential of growing the resource to over 5.0Moz within the next two years.
AGC trades at just US$34/oz in the ground vs. peers at US$185/oz.


AGC: Large & High-Grade Resource; Further Growth in 2026

<ul>
<li>Precious metals were slightly down in April amid ongoing geopolitical tensions, with gold down 1.2% and silver down 1.9%.</li>
<li>Mining equities declined alongside metals, with GDX down 3.8%, GDXJ down 3.1%, SILJ down 1.7%, while COPX was up 4.2% alongside copper, while the TSX was up 3.7% and the S&amp;P 500 was up 10.7%.</li>
<li>Q1 earnings confirmed the new price environment as Newmont posted a record $3.1B in FCF, while M&amp;A returned in scale with Agnico Eagle’s ~C$3.8B Finland consolidation and G Mining Ventures’ C$3.0B acquisition of G2 Goldfields.</li>
</ul>


Precious metals were slightly down in April amid ongoing geopolitical tensions, with gold down 1.2% and silver down 1.9%.
Mining equities declined alongside metals, with GDX down 3.8%, GDXJ down 3.1%, SILJ down 1.7%, while COPX was up 4.2% alongside copper, while the TSX was up 3.7% and the S&amp;P 500 was up 10.7%.
Q1 earnings confirmed the new price environment as Newmont posted a record $3.1B in FCF, while M&amp;A returned in scale with Agnico Eagle’s ~C$3.8B Finland consolidation and G Mining Ventures’ C$3.0B acquisition of G2 Goldfields.


Canterra Minerals Corp - Mining Monthly: April Edition

Canada

Avanti Gold Corp. operates as a mining company. The Company focuses on developing precious and base metal projects. Avanti Gold operates in Canada.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Avanti Gold (AGC CN)

AGC: Unassayed Core Displays High-Grade, Near-Surface Continuity

AGC announced results from seven historic drill holes previously unassayed, which included 1,496 samples totalling 1,629m. Assays displayed...

Atrium Research

Canterra Minerals Corp - Mining Monthly: May Edition

Mining equities finished broadly higher, with the GDX up 1.3%, GDXJ up 2.4%, despite gold’s pullback, while SILJ gained 5.8% and COPX climbed 10.7%...

Atrium Research

AGC: Assaying Underway; 2026 Drill Plans Increased to 42,000m

AGC announced that the 2,100m of historic drill core is currently being assayed and is expected to confirm continuity of mineralization at the...

Atrium Research

AGC: Large & High-Grade Resource; Further Growth in 2026

Avanti is a gold exploration company focused on its Misisi gold project in the DRC, which hosts an Inferred gold resource of 3.1Moz at 2.37 g/t Au.

Atrium Research

Canterra Minerals Corp - Mining Monthly: April Edition

Mining equities declined alongside metals, with GDX down 3.8%, GDXJ down 3.1%, SILJ down 1.7%, while COPX was up 4.2% alongside copper, while the...

Atrium Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)