Silver Range Resources CEO Mike Power joined Steve Darling to discuss the current state of the junior mining financing market and how the company is positioning itself amid what he described as a slow but gradually improving environment. Power characterized the market as “a tale of two markets,” explaining that while overall financing activity has begun to trend upward, a significant portion of junior explorers continue to face severe capital constraints. He noted that more than 20% of junior mining companies are operating with less than $200,000 in funding, describing conditions at that level as “depression territory.” He said Silver Range closely tracks financing trends across the sector, particularly after a proposed deal with Altius stalled in 2023, reinforcing the importance of capital access. “Capital is the oxygen of the business,” Power emphasized, adding that while signs of recovery are emerging, the market is still far from fully healthy. He cautioned that the financing environment may not be “firing on all cylinders” until the second half of 2026. Turning to the company’s project portfolio, Power highlighted the East Goldfield project, which is located adjacent to a development site owned by Centerra. He said the project represents a potential near-term exploration opportunity, with an estimated exploration target of between 55,000 and 70,000 ounces of gold based on results from 19 historical drill holes. Power noted that work at East Goldfield is expected to resume in the spring of 2026. Power also discussed the Alamo project, where soil sampling was completed in December and geophysical surveys are planned for the upcoming spring season. The project hosts historic high-grade production and exhibits strong surface mineralization, supporting its potential for future exploration success. Overall, Power said Silver Range remains focused on careful capital management and disciplined project advancement as the junior mining sector works through a prolonged but improving recovery cycle. #proactiveinvestors #silverrangeresources #tsxv #sng #mining #mikepower #nevada #eastgoldfield #JuniorMining #MiningFinance #ExplorationMarket #CapitalMarkets #GoldExploration #EastGoldfield #AlamoProject #PreciousMetals #MiningIndustry #ExplorationStrategy #CapitalDiscipline #MarketOutlook #ResourceDevelopment #ProactiveInvestors