Erik Wetterling – Value Proposition In BCM Resources, Dryden Gold, and Sonoro Gold

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review the value proposition that has his attention from recent corporate news and strategies from 3 gold explorers that have recently press-released significant company milestones.

 

>> The companies we discussed in the interview are:

 

BCM Resources Corporation (TSXV: B) – On April 27, 2026 the Company announced completion of its first diamond core drill hole of the 2026 Thompson Knolls Phase 4 exploration campaign. Hole TK15, a vertical hole collared approximately 250 m southwest of Hole TK8, reached a depth of 3,995.5 feet (1,219 m), a record depth for the project. This hole was designed to test the extension of skarn Cu-Au-Ag-Mo mineralization previously encountered in Hole TK8 (please refer to the Company's news release dated May 24, 2023). 

Extensive intervals of pyroxene-diopside skarn were encountered within strongly marbleized dolomites beginning at the top of bedrock at approximately 1,950 feet (594.5 m) and continuing to a depth of approximately 3,900 feet (1,188.7 m) at which point quartzite became the dominant lithology.

 

Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W) – On April 27, 2026 the company announced that as a result of excess demand it is increasing the previously announced (April 14, 2026) non-brokered equity financing to include up to an aggregate of 23,000,000 common shares for aggregate proceeds of up to $9,716,280.  

The Company is pleased to announce that in connection with the Upsized Financing, Centerra Gold Inc. will the exercise their 'top-up right' to retain their 9.9% interest in the Company as granted within the investor rights agreements, dated December 17, 2024. Centerra will purchase 2,305,000 common shares issued under the charity flow-through portion of the financing.

The Company is also pleased to announce that Alamos Gold Inc., will purchase 2,410,000 common shares issued under the charity flow-through portion of the financing. Alamos currently holds an aggregate of 23,003,326 common shares of the Company, representing a security holding percentage of 10.46%. At Closing Alamos will hold an aggregate of 25,413,326 common shares of the Company maintaining its 10.46% ownership of the outstanding shares of the Company.

 

** To view the KE Report Webinar with Dryden Gold on April 21st click below:

https://youtu.be/7uYen-20Hx4

 

Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) – On April 27, 2026 the Company announced that it has closed its previously announced oversubscribed, non-brokered private placement of 50,833,334 units at $0.24 per unit, for gross proceeds of CAD $12,200,000. 

As previously announced, net proceeds of the Offering will be used to complete a two phase 50,000-meter drilling program at the Company’s flagship Cerro Caliche gold project in Sonora, Mexico. The program will focus on infill drilling to further explore larger intervals of higher-grade gold mineralization identified in prior drilling campaigns. Expansion drilling is also scheduled at the recently acquired northern extensions to confirm potential structural continuity of the project’s northwest trending mineralized corridors.

 

 

* In full disclosure, some companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.]

 

Click here to follow Erik’s analysis over at The Hedgeless Horseman website

 

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