Recorded December 1st, 2025: Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to outline any adjustments that he is making to the value proposition in 3 #gold #exploration stocks, based around recent press releases and milestones.

— Montage Gold Corp. (TSX: MAU, OTCQX: MAUTF) – On November 28, 2025 — Montage Gold Corp. announced that it has entered into a binding Scheme Implementation Deed with African Gold Limited (ASX: A1G) pursuant to which Montage will acquire all of the issued share capital of African Gold that it does not already own, by way of an Australian court-approved Scheme of Arrangement. The Transaction adds the high-quality resource-stage Didievi project in Côte d’Ivoire to Montage’s portfolio and strengthens its footprint in the country, where it has established a strong presence through its ongoing build of its Koné project, which remains on-budget and well on schedule.

— K2 Gold Corp. (TSX.V: KTO) (OTCQB: KTGDF) – On December 1, 2025, K2 Gold announced that the United States Bureau of Land Management (BLM) issued a Final Environmental Impact Statement (FEIS) for K2’s Mojave Exploration Drilling Project in Inyo County, CA. This milestone follows rigorous independent review, over 100 days of public comment and scoping, and consultation with local communities representing a significant step forward in de-risking and advancing one of the most compelling exploration projects in the United States.

— FinEx Metals Ltd. (TSX.V: FINX) – On November 25, 2025, FinEx Metals announced that it has received initial assay results for the first five drill holes from the East Target of its 100%-owned Ruoppa gold project, located in the Central Lapland Greenstone Belt of northern Finland. The Company completed its first diamond drill program at Ruoppa, comprising fourteen drill holes totalling 2,483 metres, in August and September 2025.

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