| GPH.V |
Graphite One Inc |
2025-04-23 |
FS |
Integrated |
Base case $7,843 per tonne |
US$6.4B @8%
pre-tax US$6.4B
|
27%
pre-tax 30%
|
US$5.04B
|
7.5 yr |
— |
20 yr |
View ↗
|
| TRX.TO |
TRX Gold Corporation |
2025-04-22 |
PEA |
Buckreef Gold |
US$2,296/oz |
—
pre-tax US$701M
|
—
|
US$89M
|
— |
$1,206/oz Au |
— |
View ↗
|
| TRX.TO |
|
|
|
Buckreef Gold |
Base case US$2,707/oz |
—
pre-tax US$701M
|
—
|
US$89M
|
— |
$1,206/oz Au |
— |
|
| TRX.TO |
|
|
|
Buckreef Gold |
US$3,000/oz |
US$766M @5%
pre-tax US$1.2B
|
—
|
US$89M
|
— |
$1,206/oz Au |
— |
|
| WHN.V |
Westhaven Gold Corp |
2025-04-17 |
PEA |
Shovelnose Gold |
Base case US$2400 per ounce |
C$454M @6%
|
43.2%
|
C$184M
|
2.1 yr |
— |
— |
View ↗
|
| FMAN.V |
Freeman Gold Corp |
2025-04-09 |
PEA |
Lemhi Gold |
Base case US$1,750 /oz |
US$212M @5%
|
22.8%
|
US$215M
|
3.6 yr |
— |
11.2 yr |
View ↗
|
| FMAN.V |
|
|
|
Lemhi Gold |
Spot price US$2,900 /oz |
US$648M @5%
|
45.9%
|
US$215M
|
2.1 yr |
— |
11.2 yr |
|
| FMAN.V |
|
|
|
Lemhi Gold |
Base case US$2,200 /oz |
US$329M @5%
|
28.2%
|
US$215M
|
2.9 yr |
— |
11.2 yr |
|
| HCH.V |
Hot Chili Limited |
2025-04-01 |
PFS |
Costa Fuego Copper-Gold |
Base case |
US$122M @8%
|
19%
|
US$151M
|
4 yr |
— |
— |
View ↗
|
| RVG.V |
Revival Gold Inc |
2025-03-31 |
PEA |
Mercur Gold |
$2,175 per ounce |
US$294M @5%
|
27%
|
—
|
3.6 yr |
$1,363/oz Au |
10 yr |
View ↗
|
| IVN.TO |
Ivanhoe Mines |
2025-03-31 |
FS |
Platreef Mine |
Base case |
$1.4B @8%
|
20%
|
—
|
— |
— |
— |
View ↗
|
| GENM.TO |
Generation Mining Limited |
2025-03-27 |
FS |
Marathon Copper-Palladium |
Base case US$1,525/oz |
C$1.07B @6%
|
28%
|
C$992M
|
1.9 yr |
— |
12.5 yr |
View ↗
|
| GENM.TO |
|
|
|
Marathon Copper-Palladium |
Consensus |
C$876M @6%
|
24%
|
C$992M
|
2.2 yr |
— |
12.5 yr |
|
| GENM.TO |
|
|
|
Marathon Copper-Palladium |
Spot |
C$749M @6%
|
21%
|
C$992M
|
2.4 yr |
— |
12.5 yr |
|
| HCH.V |
Hot Chili Limited |
2025-03-27 |
PFS |
Costa Fuego |
Base case |
US$1.2B @8%
|
—
|
US$1.27B
|
— |
— |
20 yr |
View ↗
|
| HCH.V |
|
|
|
Costa Fuego |
Spot |
US$2.2B @8%
|
—
|
US$1.27B
|
— |
— |
20 yr |
|
| WM.TO |
Wallbridge Mining Company Limited |
2025-03-27 |
PEA |
Fenelon Gold |
Base case US$2,200/oz |
C$706M @5%
|
21%
|
C$579M
|
4 yr |
$1,046/oz |
16 yr |
View ↗
|
| NOU.TO |
Nouveau Monde Graphite Inc. |
2025-03-25 |
FS |
Matawinie Mine |
Base case US$1,334/t |
US$1.05B @8%
pre-tax US$402M
|
17.5%
pre-tax 17.7%
|
US$415M
|
5.2 yr |
— |
25 yr |
View ↗
|
| COR.V |
Camino Minerals Corporation |
2025-03-17 |
PFS |
Puquios Copper |
US$4.28 per pound |
US$118M @8%
|
23.4%
|
—
|
3.1 yr |
$2/lb |
14.2 yr |
View ↗
|
| MAI.V |
Mining Americas Inc. |
2025-03-12 |
PEA |
Copperstone Mine |
Base case $1,800 per oz |
US$66M @5%
|
—
|
US$36.3M
|
1.7 yr |
— |
5.6 yr |
View ↗
|
| MNO.TO |
Meridian Mining plc |
2025-03-10 |
PFS |
Cabaçal |
Base case |
US$984M @5%
|
61.2%
|
—
|
— |
— |
— |
View ↗
|
| WHN.V |
Westhaven Gold Corp |
2025-03-03 |
PEA |
Shovelnose Gold |
Base case US$2,400/oz |
C$454M @6%
pre-tax C$730M
|
43.2%
|
C$184M
|
2.1 yr |
$1,161/oz |
11.1 yr |
View ↗
|
| WHN.V |
|
|
|
Shovelnose Gold |
Spot prices |
C$634M @6%
|
56.6%
|
C$184M
|
— |
$1,161/oz |
11.1 yr |
|
| ETL.V |
E3 LITHIUM LTD |
2025-03-03 |
PFS |
Clearwater |
Base case |
US$3.7B @8%
pre-tax US$5.2B
|
24.6%
pre-tax 29.2%
|
—
|
— |
— |
— |
View ↗
|
| GGD.TO |
GoGold Resources Inc. |
2025-02-28 |
FS |
Los Ricos |
Base case US$26.80/oz |
US$355M @5%
pre-tax US$553M
|
28%
|
US$227M
|
— |
$11.19/oz AgEq |
15 yr |
View ↗
|
| GGD.TO |
|
|
|
Los Ricos |
Spot $30/oz |
US$469M @5%
|
34%
|
US$227M
|
— |
$11.19/oz AgEq |
15 yr |
|
| EU.V |
enCore Energy Corp. |
2025-02-27 |
PEA |
— |
Base case |
$205.8M @8%
pre-tax $104.3M
|
50.2%
pre-tax 54.8%
|
$25.9M
|
— |
— |
9 yr |
View ↗
|
| VZLA.TO |
Vizsla Silver Corp |
2025-02-20 |
PEA |
Panuco |
US$26 /oz Ag |
US$1.1B @5%
|
86%
|
—
|
0.8 yr |
— |
10.6 yr |
View ↗
|
| NCX.V |
NorthIsle Copper and Gold Inc. |
2025-02-19 |
PEA |
North Island |
Base case |
C$2B @7%
|
29%
|
C$1.1B
|
1.9 yr |
$1.83/lb |
29 yr |
View ↗
|
| NCX.V |
|
|
|
North Island |
Spot prices |
C$3.8B @7%
|
45%
|
C$1.1B
|
— |
$1.83/lb |
29 yr |
|
| DEFN.V |
Defense Metals Corp. |
2025-02-18 |
PFS |
Wicheeda Rare Earth Deposit |
Base case |
US$992M @8%
pre-tax US$1.8B
|
18.9%
pre-tax 24.6%
|
US$1.4B
|
3.7 yr |
— |
15 yr |
View ↗
|
| IAU.TO |
i-80 Gold Corp. |
2025-02-12 |
PEA |
Cove |
US$2,175/oz Au |
US$271M @5%
|
30%
|
US$157M
|
— |
$1,303/oz Au |
8 yr |
View ↗
|
| IAU.TO |
|
|
|
Cove |
Spot $2,900 /oz |
US$582M @5%
|
52%
|
US$157M
|
— |
$1,303/oz Au |
8 yr |
|
| GTCH.CN |
Getchell Gold Corp. |
2025-02-07 |
PEA |
Fondaway Canyon Gold |
$2,250 /ounce |
US$474M @10%
pre-tax US$546M
|
—
pre-tax 51.2%
|
US$226.5M
|
3.1 yr |
— |
10.5 yr |
View ↗
|
| GTCH.CN |
|
|
|
Fondaway Canyon Gold |
Base case $2,250 /ounce |
US$322M @10%
pre-tax US$365M
|
—
|
US$226.5M
|
— |
— |
10.5 yr |
|
| BTO.TO |
B2Gold Corp |
2025-02-04 |
PEA |
Otjikoto Mine |
$2,400 per ounce |
US$131M @5%
|
35%
|
US$129M
|
1.3 yr |
— |
5 yr |
View ↗
|
| GTCH.CN |
Getchell Gold Corp. |
2025-01-23 |
PEA |
Fondaway Canyon Gold |
$2,250 /ounce |
US$474M @10%
pre-tax US$546M
|
—
pre-tax 51.2%
|
US$226.5M
|
3.6 yr |
— |
10.5 yr |
View ↗
|
| GTCH.CN |
|
|
|
Fondaway Canyon Gold |
Base case $2,250 /ounce |
US$322M @10%
pre-tax US$365M
|
—
|
US$226.5M
|
— |
— |
10.5 yr |
|
| PHOS.CN |
First Phosphate Corp. |
2025-01-17 |
PEA |
Bégin-Lamarche Phosphate |
Base case |
C$1.59B @8%
pre-tax C$2.1B
|
33%
pre-tax 37.1%
|
C$675M
|
2.9 yr |
— |
23 yr |
View ↗
|
| GGD.TO |
GoGold Resources Inc. |
2025-01-16 |
FS |
Los Ricos South Deposits |
Base case $4.11/t |
US$355M @5%
pre-tax US$553M
|
28%
|
US$227M
|
— |
$11.19/oz AgEq |
15 yr |
View ↗
|
| GGD.TO |
|
|
|
Los Ricos South Deposits |
Spot $30 /oz |
US$469M @5%
|
34%
|
US$227M
|
— |
$11.19/oz AgEq |
15 yr |
|
| ASE.V |
Asante Gold Corporation |
2025-01-14 |
FS |
Bibiani Mine |
$2,500/oz |
US$516M @5%
|
71%
|
US$116M
|
— |
$1,035/oz |
— |
View ↗
|
| WRLG.V |
West Red Lake Gold Mines Ltd. |
2025-01-07 |
PFS |
Madsen Gold Mine |
US$2,200 per oz |
C$315M @5%
|
—
|
—
|
— |
$1,681/oz |
7.2 yr |
View ↗
|
| WRLG.V |
|
|
|
Madsen Gold Mine |
US$2317 per oz |
—
|
255%
|
—
|
— |
$1,681/oz |
7.2 yr |
|
| USCU.V |
US Copper Corp. |
2025-01-06 |
PEA |
Moonlight-Superior |
Base case US$4.15/lb Cu |
US$1.07B @7%
|
23%
|
US$956M
|
5.3 yr |
$2.51/lb |
14 yr |
View ↗
|
| GCU.TO |
Gunnison Copper Corp |
2024-12-19 |
PEA |
Gunnison |
$4.10/lb |
US$1.3B @8%
|
20.9%
|
US$1.3B
|
4.1 yr |
— |
18 yr |
View ↗
|
| DPM.TO |
DPM Metals Inc. |
2024-12-18 |
PFS |
Rakita |
Base case $1,900 per ounce |
US$1.2B @5%
|
41%
|
US$379M
|
— |
$644/oz Au |
10 yr |
View ↗
|
| CIA.TO |
Champion Iron Limited |
2024-12-18 |
PFS |
Kami |
Base case |
$541M
|
9.8%
|
—
|
— |
— |
25 yr |
View ↗
|
| EDV.TO |
Endeavour Mining plc |
2024-12-11 |
PFS |
Assafou |
$2,000/oz |
$1.53B @5%
|
28%
|
$734M
|
— |
$892/oz |
15 yr |
View ↗
|
| OGC.TO |
OceanaGold Corporation |
2024-12-11 |
PFS |
Wharekirauponga-only Mine |
$2,400 per ounce |
US$621M @5%
|
24%
|
—
|
— |
$994/oz |
15 yr |
View ↗
|
| OGC.TO |
|
|
|
Wharekirauponga-only Mine |
$1,750 per ounce |
US$259M @5%
|
9.2%
|
—
|
— |
$994/oz |
15 yr |
|
| LG.V |
Lahontan Gold Corp. |
2024-12-11 |
PEA |
Santa Fe Mine |
Low case |
US$8.7M @5%
pre-tax US$21.7M
|
—
pre-tax 47.8%
|
US$135.1M
|
2.9 yr |
— |
— |
View ↗
|
| LG.V |
|
|
|
Santa Fe Mine |
Base case $2,705/oz |
US$56.5M @5%
pre-tax US$82.2M
|
—
pre-tax 107.7%
|
US$135.1M
|
— |
— |
— |
|
| LG.V |
|
|
|
Santa Fe Mine |
High case |
US$93.3M @5%
pre-tax US$129.2M
|
—
pre-tax 154.1%
|
US$135.1M
|
— |
— |
— |
|
| LG.V |
|
|
|
Santa Fe Mine |
Spot case |
US$200M @5%
pre-tax US$265.1M
|
—
pre-tax 288.9%
|
US$135.1M
|
— |
— |
— |
|
| SLVR.TO |
Silver Tiger Metals Inc. |
2024-12-06 |
PFS |
El Tigre Silver-Gold |
Base case |
US$222M @5%
|
40%
|
US$86.8M
|
2 yr |
$1,214/oz AuEq |
10 yr |
View ↗
|
| PHOS.CN |
First Phosphate Corp. |
2024-12-04 |
PEA |
Begin-Lamarche Property |
Base case |
C$1.59B @8%
pre-tax C$2.1B
|
33%
pre-tax 37.1%
|
C$675M
|
2.9 yr |
— |
23 yr |
View ↗
|
| ABRA.TO |
AbraSilver Resource Corp |
2024-12-03 |
PFS |
Diablillos |
Base case $22.50/oz |
C$1.05B @5%
|
—
|
C$170M
|
— |
$12.67/oz AgEq |
14 yr |
View ↗
|
| ABRA.TO |
|
|
|
Diablillos |
Spot |
US$1.29B @5%
|
—
|
US$170M
|
— |
$12.67/oz AgEq |
14 yr |
|
| ABRA.TO |
|
|
|
Diablillos |
Spot prices |
US$747M @5%
|
27.6%
|
US$170M
|
2 yr |
$12.67/oz AgEq |
14 yr |
|
| LGO.TO |
Largo Inc |
2024-11-26 |
PFS |
Vanadium/Titanium |
$9.00/lb |
US$1.1B @7%
|
—
|
—
|
— |
— |
31 yr |
View ↗
|
| GCU.TO |
Gunnison Copper Corp |
2024-11-14 |
PEA |
Gunnison |
$4.10/lb |
US$1.3B @8%
|
20.9%
|
US$1.3B
|
4.1 yr |
— |
18 yr |
View ↗
|
| STS.V |
South Star Battery Metals Corp. |
2024-11-13 |
PEA |
Vertically Integrated Graphite Mine |
Base case |
US$1.6B @8%
pre-tax US$2.4B
|
27%
pre-tax 35%
|
—
|
— |
— |
— |
View ↗
|
| FLCN.V |
Falcon Energy Materials plc |
2024-11-12 |
PEA |
Lola Graphite |
Base case US$1,389/t |
US$1.32B @8%
|
43%
|
US$185M
|
— |
— |
— |
View ↗
|
| SLVR.TO |
Silver Tiger Metals Inc. |
2024-10-22 |
PFS |
El Tigre Silver-Gold |
Spot price |
US$222M @5%
|
40%
|
US$86.8M
|
2 yr |
$1,214/oz AuEq |
10 yr |
View ↗
|
| CBR.V |
Cabral Gold Inc |
2024-10-21 |
PFS |
Cuiú Cuiú Gold |
Base case US$2,250 / oz |
US$25.2M @5%
|
47.3%
|
US$37.4M
|
— |
$1,003/oz |
4.5 yr |
View ↗
|
| CBR.V |
|
|
|
Cuiú Cuiú Gold |
US$2,710/oz |
US$49.3M @5%
|
82.6%
|
US$37.4M
|
— |
$1,003/oz |
4.5 yr |
|
| TAU.V |
Thesis Gold & Silver Inc. |
2024-10-16 |
PEA |
Lawyers-Ranch |
US$1,930 per ounce |
C$1.28B @5%
pre-tax C$1.99B
|
35.2%
pre-tax 46%
|
C$598.4M
|
2 yr |
$1,013/oz |
14 yr |
View ↗
|
| STS.V |
South Star Battery Metals Corp. |
2024-10-10 |
PEA |
Vertically Integrated Graphite Mine |
Base case |
US$1.6B @8%
pre-tax US$2.4B
|
27%
pre-tax 35%
|
—
|
— |
— |
— |
View ↗
|
| NUAG.TO |
New Pacific Metals Corp |
2024-10-01 |
PEA |
Carangas |
Base case $24.00/oz |
US$501M @5%
|
26%
|
US$324M
|
3.2 yr |
$7.6/oz Ag |
16 yr |
View ↗
|
| NUAG.TO |
|
|
|
Carangas |
$30/oz |
US$748M @5%
|
34%
|
US$324M
|
— |
$7.6/oz Ag |
16 yr |
|
| NUAG.TO |
|
|
|
Carangas |
Base case $3/oz |
US$625M @5%
|
26%
|
US$324M
|
— |
$7.6/oz Ag |
16 yr |
|
| CS.TO |
Capstone Copper |
2024-10-01 |
FS |
Mantoverde Development |
$4.10/lb |
US$2.9B @8%
|
—
|
US$146M
|
— |
— |
25 yr |
View ↗
|
| CERT.V |
Cerrado Gold Inc |
2024-09-19 |
PEA |
Minera Don Nicolas Mine |
US$2,100/oz Au |
US$111M @5%
|
—
|
US$0
|
— |
$1,148/oz |
5 yr |
View ↗
|
| CERT.V |
|
|
|
Minera Don Nicolas Mine |
Spot |
US$153M @5%
|
—
|
US$0
|
— |
$1,148/oz |
5 yr |
|
| NICU.V |
Magna Mining Inc |
2024-09-17 |
PEA |
Crean Hill |
Base case |
$194.1M @8%
pre-tax $265.3M
|
129%
pre-tax 142%
|
—
|
— |
— |
— |
View ↗
|
| AVL.TO |
Avalon Advanced Materials Inc |
2024-09-17 |
PEA |
Thunder Bay Lithium |
Base case |
$4.1B @8%
|
48%
|
$1.3B
|
— |
— |
— |
View ↗
|
| NICU.V |
Magna Mining Inc |
2024-09-17 |
PEA |
Crean Hill |
Base case |
C$194.1M @8%
pre-tax C$265.3M
|
129%
pre-tax 142%
|
C$27.7M
|
1.5 yr |
— |
13 yr |
View ↗
|
| CG.TO |
Centerra Gold Inc |
2024-09-12 |
FS |
Thompson Creek Mine |
Base case $20 per pound |
US$472M @8%
|
22%
|
US$397M
|
— |
— |
12 yr |
View ↗
|
| LOD.V |
Lode Gold Resources Inc |
2024-09-11 |
PEA |
McIntyre Brook Gold |
Base case |
US$217M @5%
|
21%
|
—
|
— |
— |
11 yr |
View ↗
|
| ABX.TO |
Barrick Mining Corporation |
2024-09-11 |
FS |
Lumwana Super Pit Expansion |
Base case |
US$1.7B @8%
|
20%
|
—
|
2 yr |
— |
— |
View ↗
|
| GMIN.TO |
G Mining Ventures Corp. |
2024-09-09 |
PEA |
Oko West Gold |
Consensus $1,950 per ounce |
US$1.4B @5%
|
21%
|
US$936M
|
3.8 yr |
$986/oz Au |
12.7 yr |
View ↗
|
| GMIN.TO |
|
|
|
Oko West Gold |
Spot $2,500 /oz |
US$2.5B @5%
|
31%
|
US$936M
|
2 yr |
$986/oz Au |
12.7 yr |
|
| TAU.V |
Thesis Gold & Silver Inc. |
2024-09-05 |
PEA |
Lawyers-Ranch |
US$1,930 per ounce |
C$1.28B @5%
pre-tax C$1.99B
|
35.2%
pre-tax 46%
|
C$598.4M
|
2 yr |
— |
14 yr |
View ↗
|
| BRC.V |
Blackrock Silver Corp |
2024-09-04 |
PEA |
Tonopah West |
Base case $23 per ounce |
US$326M @5%
|
39%
|
US$177.8M
|
2.3 yr |
— |
7.8 yr |
View ↗
|
| BRC.V |
|
|
|
Tonopah West |
Base case $2,280 per ounce |
US$495M @5%
|
54%
|
US$177.8M
|
— |
— |
7.8 yr |
|
| AVL.TO |
Avalon Advanced Materials Inc |
2024-09-03 |
PEA |
Lake Superior Lithium |
Base case $1,360/tonne |
C$4.1B @8%
|
48%
|
C$1.3B
|
2.5 yr |
— |
— |
View ↗
|
| PMET.TO |
PMET Resources Inc. (formerly Patriot Battery Metals Inc.) |
2024-08-21 |
PEA |
Shaakichiuwaanaan |
US$1,375 per tonne |
US$2.9B @8%
pre-tax US$4.7B
|
—
pre-tax 38%
|
—
|
3.6 yr |
— |
24 yr |
View ↗
|
| OCO.V |
Oroco Resource Corp. |
2024-08-20 |
PEA |
Santo Tomas |
Base case |
US$1.48B @8%
|
22.2%
|
US$1.1B
|
3.8 yr |
— |
22.6 yr |
View ↗
|
| IAU.TO |
i-80 Gold Corp. |
2024-08-12 |
PEA |
Granite Creek Open Pit |
US$2,175/oz Au |
US$421M @5%
|
30%
|
US$200M
|
— |
— |
10 yr |
View ↗
|
| IAU.TO |
|
|
|
Granite Creek Open Pit |
Spot $2,900 /oz |
US$866M @5%
|
50%
|
US$200M
|
— |
— |
10 yr |
|
| IAU.TO |
i-80 Gold Corp. |
2024-08-12 |
PEA |
Cove |
Base case $2,900 /oz |
US$271M @5%
|
30%
|
US$157M
|
— |
$1,303/oz Au |
8 yr |
View ↗
|
| IAU.TO |
|
|
|
Cove |
US$2,175 /oz Au |
US$271M @5%
|
30%
|
US$157M
|
— |
$1,303/oz Au |
8 yr |
|
| IAU.TO |
|
|
|
Cove |
Spot $2,900 /oz |
US$582M @5%
|
52%
|
US$157M
|
— |
$1,303/oz Au |
8 yr |
|
| CERT.V |
Cerrado Gold Inc |
2024-08-06 |
PEA |
Minera Don Nicolas Mine |
US$2,100/oz Au |
US$111M @5%
|
—
|
US$0
|
— |
$1,144/oz |
5 yr |
View ↗
|
| CERT.V |
|
|
|
Minera Don Nicolas Mine |
Spot prices US$2,400/oz |
US$153M @5%
|
—
|
US$0
|
— |
$1,144/oz |
5 yr |
|
| CS.TO |
Capstone Copper |
2024-07-31 |
FS |
Santo Domingo |
Base case |
US$1.7B @8%
|
24.1%
|
US$2.3B
|
3 yr |
— |
19 yr |
View ↗
|
| ETL.V |
E3 LITHIUM LTD |
2024-07-29 |
PFS |
Clearwater |
Base case |
US$3.7B @8%
pre-tax US$5.2B
|
24.6%
pre-tax 29.2%
|
—
|
— |
— |
— |
View ↗
|
| VZLA.TO |
Vizsla Silver Corp |
2024-07-24 |
PEA |
Panuco |
US$26 /oz Ag |
US$1.14B @5%
|
85.7%
|
US$224M
|
0.8 yr |
— |
10.6 yr |
View ↗
|
| SSV.V |
Southern Silver Exploration Corp |
2024-07-24 |
PEA |
Cerro Las Minitas |
Base case $23.00/oz |
C$501M @5%
|
21.2%
|
C$388M
|
4 yr |
— |
17 yr |
View ↗
|
| LITH.V |
Lithium Chile Inc. |
2024-07-23 |
PFS |
Arizaro |
Base case $ 21,396 per tonne |
—
pre-tax US$3.85B
|
36.3%
pre-tax 42.1%
|
—
|
2.7 yr |
— |
20 yr |
View ↗
|
| LOD.V |
Lode Gold Resources Inc |
2024-07-16 |
PEA |
Golden Culvert Property |
Base case |
US$217M @5%
|
21%
|
—
|
— |
— |
11 yr |
View ↗
|
| LOD.V |
|
|
|
Golden Culvert Property |
$2,000/oz |
US$370M @5%
|
31%
|
—
|
— |
— |
11 yr |
|
| LTH.V |
Lithium Ionic Corp |
2024-07-11 |
FS |
Bandeira Lithium |
Base case US$2,277/t |
US$1.3B @8%
|
40%
|
—
|
— |
— |
14 yr |
View ↗
|
| ATY.V |
Atico Mining Corporation |
2024-07-02 |
FS |
La Plata |
Base case US$1,900 per ounce |
US$93M @5%
pre-tax US$137M
|
25.1%
pre-tax 32.9%
|
US$138M
|
3.4 yr |
— |
8.1 yr |
View ↗
|
| DAN.V |
Arianne Phosphate Inc. |
2024-06-27 |
PFS |
— |
Base case |
US$4.5B @8%
pre-tax US$4.5B
|
32.8%
pre-tax 32%
|
—
|
3 yr |
— |
— |
View ↗
|
| ETL.V |
E3 LITHIUM LTD |
2024-06-26 |
PFS |
Clearwater |
Base case $31,344 per tonne |
US$3.72B @8%
pre-tax US$5.18B
|
24.6%
pre-tax 29.2%
|
US$2.47B
|
4.2 yr |
— |
50 yr |
View ↗
|
| NUAG.TO |
New Pacific Metals Corp |
2024-06-26 |
PFS |
Silver Sand |
Base case $24.00/oz |
US$682M @5%
|
37%
|
US$358M
|
1.9 yr |
$10.69/oz Ag |
13 yr |
View ↗
|
| NUAG.TO |
|
|
|
Silver Sand |
Base case $3/oz |
US$936M @5%
|
43%
|
US$358M
|
— |
$10.69/oz Ag |
13 yr |
|
| BTO.TO |
B2Gold Corp |
2024-06-18 |
PEA |
Gramalote |
Base case $2,200 per ounce |
US$778M @5%
|
20.6%
|
US$807M
|
3.1 yr |
— |
10 yr |
View ↗
|
| LCE.V |
Century Lithium Corp |
2024-06-13 |
FS |
Clayton Valley Lithium |
Base case $24,000/tonne |
US$3.16B @8%
|
17.2%
|
—
|
— |
— |
40 yr |
View ↗
|
| SSV.V |
Southern Silver Exploration Corp |
2024-06-10 |
PEA |
High-Revenue |
Base case $23.00/oz |
US$501M @5%
|
21.2%
|
US$388M
|
4 yr |
— |
17 yr |
View ↗
|
| NCAU.V |
Newcore Gold Ltd. |
2024-06-07 |
PEA |
Enchi Gold |
$1,850/oz |
$371M @5%
pre-tax $586M
|
—
pre-tax 77%
|
$106M
|
1.6 yr |
$1,018/oz Au |
9 yr |
View ↗
|
| NCAU.V |
|
|
|
Enchi Gold |
$2,350/oz |
$632M @5%
pre-tax $987M
|
92%
pre-tax 127%
|
$106M
|
— |
$1,018/oz Au |
9 yr |
|
| MLP.V |
Millennial Potash Corp |
2024-06-06 |
PEA |
Banio Potash |
$387/tonne |
US$1.07B @10%
|
32.6%
|
—
|
— |
— |
25 yr |
View ↗
|
| LTH.V |
Lithium Ionic Corp |
2024-05-29 |
FS |
Bandeira Lithium |
Low case |
US$864M @8%
|
32.5%
|
US$286M
|
3.4 yr |
— |
14 yr |
View ↗
|
| LTH.V |
|
|
|
Bandeira Lithium |
$3,416/t |
US$2.41B @8%
|
62.2%
|
US$286M
|
— |
— |
14 yr |
|
| NMI.V |
Namibia Critical Metals Inc |
2024-05-21 |
PEA |
Lofdal Heavy Rare Earth |
Base case |
US$391M
|
28%
|
—
|
— |
— |
16 yr |
View ↗
|
| AGMR.TO |
Silver Mountain |
2024-05-15 |
PEA |
Reliquias |
Base case US$24 per ounce |
C$85M @5%
pre-tax C$107M
|
—
pre-tax 57%
|
C$24.8M
|
1.8 yr |
— |
9 yr |
View ↗
|
| CCD.V |
Cascadero Copper Corporation |
2024-05-15 |
PEA |
Taron Cesium |
Base case $50,000/t |
US$79M @10%
|
14%
|
US$596.3M
|
5 yr |
— |
— |
View ↗
|
| TLG.TO |
Troilus Mining Corp. |
2024-05-14 |
FS |
Gold-Copper Troilus |
Base case $1,975 per ounce |
US$884.5M @5%
pre-tax US$1.56B
|
14%
|
US$1.07B
|
— |
$1,109/oz |
22 yr |
View ↗
|
| BRO.V |
Barksdale Resources Corp |
2024-05-09 |
PEA |
San Javier |
Base case US$4.00/lb |
$61.5M @7%
pre-tax $111.8M
|
18.1%
pre-tax 26.3%
|
$116.8M
|
5.3 yr |
— |
13 yr |
View ↗
|
| SME.V |
Sama Resources Inc |
2024-05-03 |
PEA |
Samapleu-Grata Nickel-Copper |
Base case |
US$257M @8%
|
22.3%
|
—
|
— |
— |
— |
View ↗
|
| DPM.TO |
DPM Metals Inc. |
2024-05-01 |
PEA |
Rakita |
Base case $1,700 per ounce |
US$588M @5%
|
33%
|
US$381M
|
2.4 yr |
$1,700/oz Au |
10 yr |
View ↗
|
| ABRA.TO |
AbraSilver Resource Corp |
2024-04-30 |
PFS |
Diablillos |
Base case |
US$494M
|
26%
|
—
|
— |
— |
— |
View ↗
|
| LCE.V |
Century Lithium Corp |
2024-04-29 |
FS |
Clayton Valley Lithium |
$24,000/t Li |
US$3.01B @8%
|
17.1%
|
US$1.54B
|
— |
— |
40 yr |
View ↗
|
| LCE.V |
|
|
|
Clayton Valley Lithium |
Base case $18,000/t LCE |
US$1.52B @8%
|
12.9%
|
US$1.54B
|
— |
— |
40 yr |
|
| LCE.V |
|
|
|
Clayton Valley Lithium |
Base case $30,000/t LCE |
US$4.47B @8%
|
20.9%
|
US$1.54B
|
— |
— |
40 yr |
|
| LCE.V |
|
|
|
Clayton Valley Lithium |
$1,000/t |
US$250M @8%
|
—
|
US$1.54B
|
— |
— |
40 yr |
|
| NCAU.V |
Newcore Gold Ltd. |
2024-04-25 |
PEA |
Enchi Gold |
$1,850/oz |
$371M @5%
pre-tax $586M
|
58%
pre-tax 77%
|
$106M
|
1.6 yr |
$1,018/oz Au |
9 yr |
View ↗
|
| NCAU.V |
|
|
|
Enchi Gold |
Base case $1,850/oz |
$266M @5%
pre-tax $425M
|
44%
pre-tax 58%
|
$106M
|
2 yr |
$1,018/oz Au |
9 yr |
|
| MLP.V |
Millennial Potash Corp |
2024-04-23 |
PEA |
Banio Potash |
Base case |
US$1.07B @10%
|
32.6%
pre-tax 41%
|
US$480M
|
1.4 yr |
— |
56 yr |
View ↗
|
| TK.V |
Tinka Resources Limited |
2024-04-15 |
PEA |
Ayawilca Polymetallic |
Base case US$1.30/lb |
US$434M @8%
pre-tax US$434M
|
25.9%
pre-tax 25.9%
|
US$382M
|
2.9 yr |
$0.68/lb Zn |
21 yr |
View ↗
|
| OMG.V |
Omai Gold Mines Corp |
2024-04-04 |
PEA |
Wenot Open Pit |
Base case US$1,950/oz |
US$556.4M @5%
|
19.8%
|
US$375M
|
4.3 yr |
$1,009/oz |
13 yr |
View ↗
|
| OMG.V |
|
|
|
Wenot Open Pit |
Spot $2,200/oz |
US$777M @5%
|
24.7%
|
US$375M
|
— |
$1,009/oz |
13 yr |
|
| OMG.V |
|
|
|
Wenot Open Pit |
Base case $2,145/oz |
US$728.2M @5%
|
23.7%
|
US$375M
|
3.6 yr |
$1,009/oz |
13 yr |
|
| GLO.TO |
Global Atomic Corporation |
2024-03-27 |
FS |
Dasa Uranium |
$75/lb U3O8 |
US$917M @8%
|
57%
|
—
|
2.2 yr |
— |
— |
View ↗
|
| ABRA.TO |
AbraSilver Resource Corp |
2024-03-25 |
PFS |
Diablillos |
Spot |
US$661M @5%
|
30.3%
|
US$118M
|
2.1 yr |
$12.4/oz AgEq |
13.5 yr |
View ↗
|
| ABRA.TO |
|
|
|
Diablillos |
Spot price |
US$494M @5%
|
25.6%
|
US$118M
|
2.4 yr |
$12.4/oz AgEq |
13.5 yr |
|
| VGZ.TO |
Vista Gold Corp. |
2024-03-13 |
FS |
Mt Todd Gold |
Base case |
US$1.13B @5%
|
20.4%
|
US$1.03B
|
— |
— |
— |
View ↗
|
| GLO.TO |
Global Atomic Corporation |
2024-03-05 |
FS |
Dasa |
Base case $75 per pound |
US$1.32B @8%
|
22.3%
|
—
|
— |
— |
23 yr |
View ↗
|
| LBNK.V |
LithiumBank Resources Corp |
2024-02-29 |
PEA |
Boardwalk Lithium Brine |
Base case |
US$3.7B @8%
|
25%
|
—
|
3.5 yr |
— |
— |
View ↗
|
| SEA.TO |
Seabridge Gold Inc |
2024-02-29 |
PFS |
Canadian Gold |
Base case |
US$523M @5%
|
7.3%
|
US$1.52B
|
2.8 yr |
— |
— |
View ↗
|
| TK.V |
Tinka Resources Limited |
2024-02-28 |
PEA |
Ayawilca Polymetallic Zinc-Tin-Silver Deposit |
Base case |
US$434M @8%
pre-tax US$434M
|
25.9%
pre-tax 25.9%
|
US$382M
|
2.9 yr |
$0.68/lb Zn |
21 yr |
View ↗
|
| LI.V |
American Lithium Corp. |
2024-02-26 |
PEA |
Falchani Hard Rock Lithium |
$22,500/tonne |
—
pre-tax US$8.41B
|
—
|
US$681M
|
3 yr |
— |
43 yr |
View ↗
|
| BSK.V |
Blue Sky Uranium Corp |
2024-02-22 |
PEA |
Amarillo Grande |
Base case |
US$227.7M @8%
|
38.9%
|
US$159.7M
|
1.9 yr |
— |
11 yr |
View ↗
|
| MOO.V |
Moon River Moly Ltd. |
2024-02-22 |
PEA |
Davidson Molybdenum |
Base case |
C$602M @8%
pre-tax C$1.04B
|
24%
pre-tax 32%
|
C$575M
|
3.3 yr |
— |
20 yr |
View ↗
|
| EMPS.CN |
EMP Metals Corp. |
2024-02-15 |
PEA |
Viewfield Lithium Brine |
Base case |
US$1.49B @8%
|
45%
pre-tax 55%
|
—
|
— |
— |
— |
View ↗
|
| TMAS.CN |
Temas Resources Corp. |
2024-02-07 |
PEA |
La Blache Titanium-Vanadium-Iron |
Base case $2,200/tonne |
C$6.8B @8%
pre-tax C$9.4B
|
55.1%
|
—
|
2.1 yr |
— |
14 yr |
View ↗
|
| ASM.TO |
Avino Silver & Gold Mines Ltd. |
2024-02-05 |
PFS |
Oxide Tailings |
Base case |
US$61M @5%
pre-tax US$98M
|
26%
pre-tax 35%
|
US$49.1M
|
2.9 yr |
$10.23/oz Ag |
9 yr |
View ↗
|
| CDB.V |
Cordoba Minerals Corp |
2024-02-01 |
FS |
Alacran |
Base case |
US$360M
|
23.8%
|
US$420.4M
|
3 yr |
— |
14.2 yr |
View ↗
|
| APM.TO |
Andean Precious Metals Corp |
2024-01-31 |
FS |
Soledad Mountain Mine |
$1,850/oz |
US$116M @5%
|
—
|
—
|
— |
— |
— |
View ↗
|
| KRY.V |
Koryx Copper Inc. |
2024-01-22 |
PEA |
Haib Copper |
Base case |
US$681M @7.5%
|
24.1%
pre-tax 32.2%
|
—
|
— |
— |
— |
View ↗
|
| ILC.V |
ILC Critical Minerals Ltd. |
2024-01-18 |
PEA |
Raleigh Lake Lithium |
Base case $3,139/tonne |
C$342.9M @8%
pre-tax C$385.1M
|
44.3%
|
C$111.9M
|
— |
— |
9 yr |
View ↗
|
| LBNK.V |
LithiumBank Resources Corp |
2024-01-16 |
PEA |
Boardwalk Lithium Brine |
Base case US$26,000/t |
US$3.7B @8%
pre-tax US$3.7B
|
25%
|
—
|
3.5 yr |
— |
— |
View ↗
|
| MAU.TO |
Montage Gold Corp |
2024-01-16 |
FS |
Koné Gold |
Base case $1,850/oz |
US$1.09B @5%
|
31%
pre-tax 34.6%
|
US$712M
|
2.6 yr |
$1,000/oz |
16 yr |
View ↗
|
| SEA.TO |
Seabridge Gold Inc |
2024-01-16 |
PFS |
Significantly Improved |
Base case US$1,850/oz |
US$410M @5%
|
17.5%
|
US$1.52B
|
3.2 yr |
$999/oz |
12.6 yr |
View ↗
|
| SEA.TO |
|
|
|
Significantly Improved |
High |
US$523M @5%
|
20.6%
|
US$1.52B
|
2.8 yr |
$999/oz |
12.6 yr |
|
| SEA.TO |
|
|
|
Significantly Improved |
Spot case |
US$836M @5%
|
28.5%
|
US$1.52B
|
2 yr |
$999/oz |
12.6 yr |
|
| SEA.TO |
|
|
|
Significantly Improved |
High case |
US$1.13B @5%
|
38.2%
|
US$1.52B
|
1.6 yr |
$999/oz |
12.6 yr |
|
| LAM.TO |
Laramide Resources Ltd |
2024-01-11 |
PEA |
Churchrock |
$75 /lb |
US$278M @8%
|
62%
|
US$47.5M
|
— |
— |
13 yr |
View ↗
|
| LI.V |
American Lithium Corp. |
2024-01-10 |
PEA |
Falchani |
$22,500/tonne |
—
pre-tax US$8.41B
|
—
|
US$681M
|
3 yr |
— |
43 yr |
View ↗
|
| LI.V |
|
|
|
Falchani |
$12,000/t LCE |
US$1.5B @8%
|
—
|
US$681M
|
— |
— |
43 yr |
|
| EMPS.CN |
EMP Metals Corp. |
2024-01-09 |
PEA |
Viewfield Lithium Brine |
$20,000/tonne |
US$1.07B @8%
pre-tax US$1.49B
|
45%
pre-tax 55%
|
US$571M
|
2.4 yr |
— |
23.2 yr |
View ↗
|
| WML.V |
Wealth Minerals Ltd. |
2024-01-04 |
PEA |
Kuska |
Base case |
US$1.15B @10%
pre-tax US$1.65B
|
28%
pre-tax 33%
|
—
|
— |
— |
20 yr |
View ↗
|
| SKE.TO |
Skeena Resources Limited |
2023-12-22 |
FS |
Eskay Creek |
US$1,800/oz Au |
C$2B @5%
|
43%
|
—
|
1.2 yr |
$687/oz Au |
— |
View ↗
|
| CDB.V |
Cordoba Minerals Corp |
2023-12-18 |
FS |
Alacran |
Base case |
US$359M @8%
|
23.8%
|
US$435M
|
3 yr |
— |
14.2 yr |
View ↗
|
| CERT.V |
Cerrado Gold Inc |
2023-12-15 |
FS |
Monte Do Carmo Gold |
Base case US$1,850/oz |
US$390M @5%
|
34%
|
US$181.4M
|
2.4 yr |
$687/oz |
9 yr |
View ↗
|
| NEXT.TO |
NextSource Materials Inc. |
2023-12-12 |
FS |
Molo Mine |
Base case US$1,191/t |
US$424.1M @8%
pre-tax US$424.1M
|
29%
pre-tax 31.1%
|
US$161.7M
|
3.1 yr |
— |
25 yr |
View ↗
|
| ILC.V |
ILC Critical Minerals Ltd. |
2023-12-04 |
PEA |
Raleigh Lake Lithium |
Base case $3,139/tonne |
C$342.9M @8%
pre-tax C$385.1M
|
44.3%
pre-tax 46.5%
|
C$111.9M
|
— |
— |
9 yr |
View ↗
|
| LTH.V |
Lithium Ionic Corp |
2023-12-01 |
PEA |
Bandeira Lithium |
Base case $1,859/t |
C$1.6B @8%
|
121%
|
—
|
1.2 yr |
— |
20 yr |
View ↗
|
| FMAN.V |
Freeman Gold Corp |
2023-11-30 |
PEA |
Lemhi Gold |
Base case US$1,750 /oz |
US$212.4M @5%
|
22.8%
|
US$190M
|
3.6 yr |
— |
11.2 yr |
View ↗
|
| FMAN.V |
|
|
|
Lemhi Gold |
Spot |
US$345.7M @5%
|
31.9%
|
US$190M
|
— |
— |
11.2 yr |
|
| BEA.V |
Belmont Resources Inc. |
2023-11-29 |
PEA |
Lone Star |
Base case |
US$123.9M
|
10.2%
|
—
|
— |
— |
14 yr |
View ↗
|
| CNC.V |
Canada Nickel Company Inc. |
2023-11-24 |
FS |
Crawford Nickel Sulphide |
Base case |
US$2.5B @8%
|
17.1%
|
—
|
— |
$1.54/lb Ni |
— |
View ↗
|
| GRD.V |
Grounded Lithium Corp |
2023-11-08 |
PEA |
Kindersley Lithium |
Base case |
US$1B @8%
|
48.5%
|
—
|
— |
— |
— |
View ↗
|
| CERT.V |
Cerrado Gold Inc |
2023-11-02 |
FS |
Monte Do Carmo Gold |
Base case US$1,850/oz |
US$369M @5%
|
34%
|
US$186.6M
|
2.4 yr |
$711/oz |
9 yr |
View ↗
|
| SLVR.TO |
Silver Tiger Metals Inc. |
2023-11-01 |
PEA |
El Tigre Silver-Gold |
Base case $23.75/oz |
US$287M @5%
|
55.8%
|
US$59M
|
1.7 yr |
$843/oz AuEq |
13 yr |
View ↗
|
| GGD.TO |
GoGold Resources Inc. |
2023-10-27 |
PEA |
Los Ricos South |
Base case |
US$458M @5%
pre-tax US$708M
|
37%
pre-tax 49.1%
|
US$148M
|
— |
— |
11 yr |
View ↗
|
| GIGA.V |
Giga Metals Corporation |
2023-10-24 |
PFS |
Turnagain |
Base case $9.75/lb |
$574M @7%
pre-tax $717M
|
—
pre-tax 11.1%
|
—
|
— |
— |
30 yr |
View ↗
|
| FF.TO |
First Mining Gold Corp |
2023-10-23 |
PEA |
Duparquet Gold |
US$1,800/oz |
C$588M @5%
pre-tax C$1.07B
|
—
|
C$706M
|
4.8 yr |
$976/oz |
11 yr |
View ↗
|
| TTX.CN |
TTX.CN |
2023-10-23 |
PEA |
Manono Lithium Tailings |
Base case US$2,800/tnominal |
—
pre-tax US$764M
|
—
pre-tax 87.4%
|
US$147.7M
|
1 yr |
— |
6 yr |
View ↗
|
| TTX.CN |
|
|
|
Manono Lithium Tailings |
Base case US$2,800/t |
—
pre-tax US$638M
|
—
pre-tax 82.3%
|
US$147.7M
|
1 yr |
— |
6 yr |
|
| LTH.V |
Lithium Ionic Corp |
2023-10-19 |
PEA |
Bandeira |
Base case |
US$1.6B @8%
pre-tax US$2.3B
|
121%
pre-tax 163%
|
US$232.8M
|
1.2 yr |
— |
20 yr |
View ↗
|
| OCO.V |
Oroco Resource Corp. |
2023-10-17 |
PEA |
Santo Tomas |
Base case $4.00/lb |
US$2.3B @8%
pre-tax US$2.33B
|
17.3%
pre-tax 23%
|
US$1.34B
|
5 yr |
— |
20.1 yr |
View ↗
|
| SGO.V |
Sonoro Gold Corp. |
2023-10-16 |
PEA |
Cerro Caliche |
Base case $1,800/oz |
US$47.7M @5%
pre-tax US$71.4M
|
45%
pre-tax 59%
|
US$15.5M
|
2.9 yr |
$1,395/oz AuEq |
9 yr |
View ↗
|
| FMAN.V |
Freeman Gold Corp |
2023-10-16 |
PEA |
Lemhi Gold |
Base case US$1,750 /oz |
US$212.4M @5%
|
22.8%
|
US$190M
|
3.6 yr |
— |
11.2 yr |
View ↗
|
| FMAN.V |
|
|
|
Lemhi Gold |
Spot |
US$295.6M @5%
|
28.6%
|
US$190M
|
— |
— |
11.2 yr |
|
| ORE.TO |
Orezone Gold Corporation |
2023-10-11 |
FS |
Bomboré Gold Mine |
Base case $1,750/oz |
US$635.9M @5%
|
—
|
US$167.5M
|
— |
$1,121/oz |
11.3 yr |
View ↗
|
| CRE.V |
Critical Elements Lithium Corporation |
2023-10-11 |
FS |
Rose Lithium-Tantalum |
Base case US$4,699 per tonne |
US$2.19B @8%
|
65.7%
|
US$471M
|
— |
— |
17 yr |
View ↗
|
| TTX.CN |
TTX.CN |
2023-10-09 |
PEA |
Tailings Property |
Base case |
US$764M @10%
|
—
|
US$14M
|
1 yr |
— |
6 yr |
View ↗
|
| SKE.TO |
Skeena Resources Limited |
2023-09-26 |
FS |
Snip Gold |
US$1,700/oz Au |
C$1.4B @5%
|
50%
|
—
|
1 yr |
— |
— |
View ↗
|
| GIGA.V |
Giga Metals Corporation |
2023-09-22 |
PFS |
Turnagain Nickel-Cobalt Deposit |
High price |
US$1.11B @7%
pre-tax US$1.55B
|
14.9%
pre-tax 15.2%
|
—
|
— |
— |
30 yr |
View ↗
|
| GIGA.V |
|
|
|
Turnagain Nickel-Cobalt Deposit |
Base case $9.75/lb |
US$574M @7%
pre-tax US$717M
|
11.4%
pre-tax 11.1%
|
—
|
— |
— |
30 yr |
|
| GIGA.V |
|
|
|
Turnagain Nickel-Cobalt Deposit |
Low price |
US$21M @7%
pre-tax -US$117M
|
7.2%
pre-tax 6.2%
|
—
|
— |
— |
30 yr |
|
| GIGA.V |
|
|
|
Turnagain Nickel-Cobalt Deposit |
$21,500/t Ni |
—
pre-tax US$717M
|
—
pre-tax 11.1%
|
—
|
— |
— |
30 yr |
|
| CG.TO |
Centerra Gold Inc |
2023-09-18 |
PFS |
Thompson Creek Mine |
$20 per pound |
US$373M @5%
|
16%
|
—
|
— |
— |
11 yr |
View ↗
|
| CG.TO |
|
|
|
Thompson Creek Mine |
Base case $20 per pound |
US$153M @5%
|
—
|
—
|
— |
— |
11 yr |
|
| GGD.TO |
GoGold Resources Inc. |
2023-09-12 |
PEA |
Los Ricos South |
Base case US$1,850 /oz |
US$458M @5%
pre-tax US$708M
|
37%
pre-tax 49.1%
|
US$148M
|
— |
— |
11 yr |
View ↗
|
| HBM.TO |
Hudbay Minerals Inc. |
2023-09-08 |
PFS |
— |
Base case $3.75 per pound |
US$1.1B @8%
|
19.2%
|
US$1.3B
|
— |
— |
20 yr |
View ↗
|
