Earnings360 Newsletter for 6/2/2026

Gold has surged past $5,300 per ounce, with Goldman Sachs and JPMorgan forecasting $6,000+ by end of 2026. Central banks bought a record 863 tonnes in 2025 alone - and one small-cap explorer in Nevada's Walker Lane Belt may be positioned to benefit.

Sitting 18 miles north of Tonopah in the same district that produced over 15 million ounces at Kinross Gold's Round Mountain Mine, this explorer carries historic drill intercepts of 30 meters at 2.5 g/t gold and surface samples exceeding 100 g/t. With a market cap under $15 million and drills ready to turn in H2 2026, the window may be narrow.

Most supply bottlenecks stay invisible until they suddenly matter. Graphite may be entering that phase now, with the U.S. still heavily dependent on foreign sources for a mineral tied to batteries, defense technology, and advanced manufacturing.

One small company controls what may be the largest known graphite deposit in the United States and has already attracted Pentagon funding for feasibility work. Federal agencies rarely move money toward projects they consider irrelevant.