Don Durrett & John Feneck Interview Earthwise Minerals ($WISE | $EWISF) on the Iron Range Project

Investor TV Apr 14, 2026

Summary

Earthwise Minerals plans about 1,200 metres of May drilling across three or four holes at the Iron Range Talon zone.

CEO Mark Luchinski anchors the story on a 56.5-metre intercept grading 1.9 g/t (grams per tonne) gold from about 200 metres depth.

Roughly $8 million of historical work across 87 holes, plus road, highway, and railway access, underpins the exploration plan.

The four-year earn-in with Eagle Plains requires $4 million in exploration, $250,000 cash, and $1.5 million in shares.

The hosts frame the sub-$2 million market cap junior as a dice-rolling speculation that could pay off quickly.

Top takeaway Durrett frames Earthwise as a fast-payoff speculation: you are definitely rolling the dice, but a few good holes could get paid off quickly, and he calls it the ultimate spec bet.
He argues the 87 historical holes and road access separate this from a greenfield project — the team knows where to drill, and one good hit should get market attention quickly because of the project's history.
He points to the recent tape — about C$0.02 two months before the interview, a run to C$0.08, then back to about C$0.04 — as evidence of both the volatility and the potential.
He cautions the sector is capital-intensive and requires constant financing to drill, but notes the catalyst is close, with drilling set to start about a month after the interview.

Top takeaway Luchinski lays out a fully organized May 2026 drill program — about 1,200 meters across three or four holes at the Talon zone — backed by a recent $700,000 raise that brought cash to $1.1 million.
He details the targets: the Talon zone, untested for gold for roughly a decade, hosts the 56.5-meter, 1.9 g/t gold discovery hole about 200 meters down, and a hard-rock sample from another zone ran 13 g/t gold and 27 g/t silver.
He argues the project is de-risked by about $8 million of historical work — 87 holes, 21,000 meters of drilling, 10,000 grab samples and a recent IP survey — with the Talon zone in the same formation as the Sullivan mine and about two kilometers from the highway and railway.
He spells out the four-year earn-in to 80%: $4 million of exploration, $250,000 in cash and $1.5 million in shares to Eagle Plains, lighter in the first two years.
On people and structure, he cites Andy Randall joining the advisory board, Eagle Plains' Kerry Bates designing the program, board member Karen Mait's fundraising strength, and about 64 million shares outstanding.

Top takeaway The host attributes part of Earthwise's run from about C$0.02 to C$0.08 — held for roughly three weeks — to the war announced February 28 and to a March financing priced around C$0.05.
He structures the interview around the deal facts — the 87 historical holes, the $8 million of prior work, why earlier operators stepped away, and the earn-in terms — to frame the opportunity for viewers.
He argues the four-year option gives Earthwise staying power: even if this year's holes disappoint, they are going to be back for more.
In the wrap-up he calls the share structure decent (about 60 million shares out, the website slightly lower as it likely predates the raise) and notes the property is large and fully permitted per the fact sheet.