Kevin Reid, CEO of Arizona Eagle Mining (TSXV: AZEM), joins us to discuss why he remains constructive on gold despite short-term volatility. He explains how higher interest rates attract capital away from gold, while rising U.S. debt-servicing costs reinforce his longer-term outlook for money printing and hard assets.
We then explore Arizona Eagle’s plan to restore underground access at the past-producing McCabe gold and silver mine in Arizona. Kevin explains how drilling closer to known mineralization would require substantially shorter holes, improve targeting and stretch the company’s exploration budget.
We also discuss the existing shafts and underground workings, the advantages of private patented land, historical estimates that require modern verification, and potential exploration opportunities beyond the previously mined areas. Kevin outlines the engineering work, access rehabilitation and milestones needed before underground drilling begins.