What DARK STAR MINERALS does

Dark Star Minerals Inc. is a Vancouver-based, publicly listed junior mineral exploration company (CSE: BATT, FSE: P0W) founded in 2021 and focused on uranium and critical mineral resource exploration across Canada. Its portfolio comprises the 28,575-hectare Ghost Lake Uranium Project in Labrador's Central Mineral Belt (adjacent to Paladin Energy's Michelin deposit and Atha Energy properties), the 515-hectare Bleasdell Lake Uranium Project in Northern Saskatchewan with a 620,700 lb historical U3O8 estimate from 148 drill holes, the 555-hectare Logan Property in Quebec's James Bay region with REE, LCT pegmatite, and gold potential (assays up to 13.96% TREO), and a newly optioned Lamont Lake Uranium Project in Northern Saskatchewan (~22 km²) adjacent to the Athabasca Basin. The company also previously pursued the Cobra North and Khan West uranium projects in Namibia's Erongo province before mutually terminating that transaction with Critical One Energy in February 2026.

The underlying technology stack is conventional mineral exploration: drilling, radiometric surveys, geological mapping, and geochemical sampling, supplemented by compilation of historical drill data and lake-sediment sampling. There are no proprietary AI/ML systems, patents, or proprietary process technologies disclosed. The company completes its work with 1–10 employees plus a small advisory bench (VP Exploration Jeremy Hanson, technical advisor James Sykes, and directors Marc Branson, Kyle Appleby, Doug Unwin, and David Shisel).

Dark Star operates a pre-revenue business model with reported revenue of $0 in 2022–2025. The company funds exploration entirely through equity — six non-brokered private placements from November 2024 through July 2026 totaling roughly C$1.34M, plus a planned C$337,500 flow-through tranche — and incurs net losses that expanded from C$249,810 in 2024 to C$3,813,754 in 2025. Its end customer is effectively the capital markets: retail and institutional investors accessing the stock via CSE and FSE, with marketing services extended into European and Australian audiences through third-party media partners. Capital structure was reset via a 10:1 share consolidation effective May 1, 2026, reducing outstanding shares from 91,468,102 to 9,146,811.

Name

DARK STAR MINERALS

Legal name

Dark Star Minerals Inc.

Website

https://darkstarminerals.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Dark Star Minerals is a Vancouver-based, publicly listed junior mineral exploration company (CSE: BATT) that explores for uranium and critical minerals across Canadian jurisdictions including Saskatchewan and Labrador, funding pre-revenue drilling programs through equity financings.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Mining (except Oil and Gas) (212)

SIC

Metal Mining (1000)

akta.pro primary industry

Uranium Exploration & Resource Development (EUAKACAA)

Keywords

• Uranium exploration
• Critical minerals exploration
• Rare earth elements exploration
• Junior mineral exploration
• Uranium property development

Headquarters

HQ city

North Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Pre-Revenue Exploration Stage: Dark Star Minerals is a pre-revenue mineral exploration company. The company does not currently generate commercial revenue from mineral production. Operations are funded through equity financings, private placements, and the issuance of securities. The company is focused on advancing its uranium and critical mineral projects toward potential future production.

Distribution channels2 records

Marketing channels6 records

Core offering

Dark Star Minerals is a pre-revenue junior mineral exploration company that acquires, explores, and develops uranium and critical mineral resource properties in Canada. The company holds a portfolio of exploration-stage projects including the Ghost Lake Uranium Project in Labrador, the Bleasdell Lake Uranium Project in Saskatchewan, and the Logan Property in Quebec, targeting uranium, rare earth elements (REE), and LCT pegmatite deposits for eventual supply to nuclear power and small modular reactor (SMR) markets.

Product overview

Dark Star Minerals Inc. is a Vancouver-based mineral exploration company established in 2021, focused on uranium and critical mineral resource exploration and development. The company operates a portfolio of exploration-stage projects across Canada, including the Ghost Lake Uranium Project (28,575 ha in Labrador's Central Mineral Belt), Bleasdell Lake Uranium Project (515+ ha in Saskatchewan with 620,700 lb historical resource), Logan Property (555 ha in Quebec with REE/LCT pegmatite potential), and the recently optioned Lamont Lake Uranium Project in Saskatchewan. The company previously pursued the Cobra North and Khan West Projects in Namibia's Erongo uranium province, though that transaction was terminated in early 2026. Dark Star's strategy focuses on Canada's premier uranium-bearing regions with established regulatory frameworks, targeting supply for nuclear power and small modular reactors (SMRs).

Differentiator

Problem solved

Functional benefit

Products and services

• Ghost Lake Uranium Project 28,575 hectare contiguous claim block located in the prolific Central Mineral Belt (CMB) of Labrador, Newfoundland and Labrador, Canada. Adjacent to Paladin Energy's Michelin Project and contiguous to Atha Energy Corp properties. Features radiometric anomalies and uranium lake sediment sampling confirmation.
• Bleasdell Lake Uranium Project Over 515 hectares historical uranium deposit in Northern Saskatchewan, Canada. Features historic deposit of 620,700 lbs U3O8 identified within Horn and Jackpine zones through 148 drill holes (1956-1957). Horn zone assays up to 0.54% U3O8. Company is advancing exploration to confirm and expand historical estimates.
• Logan Property 100% owned 14 mining claims totaling 55.6 hectares (555 ha per some sources) located in James Bay, Quebec. Located 340km north of Chibougamau near the Eleonore Mine. Demonstrated potential for REE, LCT Pegmatite, and gold deposits with survey results showing up to 13.96% TREO.
• Lamont Lake Uranium Project Option agreement to acquire up to 100% of uranium project in Northern Saskatchewan situated immediately north of the Athabasca Basin. Encompasses 5 mineral claims covering approximately 22km² with historical drilling indicating shallow uranium mineralization from near-surface to 57m depth at grades between 0.02% and 0.5% U3O8.
• Cobra North and Khan West Projects (terminated) Uranium projects located in Namibia's renowned Erongo uranium province. Cobra North includes EPL-8531 and EPL-7011 near the Rössing Uranium Mine with historical resource estimate of 9.0 Mlbs U3O8. Khan West includes ML86A and EPL-8905 covering 7.86 km². Note: Transaction with Critical One Energy was subsequently terminated in February 2026.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Critical One Energy Inc.former - terminatedStrategic or Co-development Partner · 7 August 2025Dark Star entered into a definitive Option and Property Acquisition Agreement dated August 7, 2025 to acquire 100% of Critical One's interest in the Cobra North and Khan West uranium projects in Namibia's Erongo province. Deal terms included US$760,000 in cash payments and share issuances. However, the agreement was mutually terminated on February 27, 2026, with Critical One returning 14,200,000 Dark Star shares and regaining full control of the Namibia assets. No termination fees were incurred.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• UEX Corporation: UEX is an exploration and development company focused on uranium in the Athabasca Basin of Saskatchewan, comparable to Dark Star in target commodity, jurisdiction, and stage of operations.
• Skyharbour Resources: Skyharbour is a Canadian uranium exploration company with a large portfolio of projects in and around the Athabasca Basin, Saskatchewan — directly comparable to Dark Star's Saskatchewan assets (Bleasdell Lake, Lamont Lake) in jurisdiction, asset type, and exploration stage.
• Standard Uranium: Standard Uranium is a junior uranium explorer with projects in the Athabasca Basin and other Canadian jurisdictions, operating at a similar exploration stage and scale to Dark Star with comparable capital-raising dynamics.
• Paladin Energy: Paladin Energy owns the Michelin Uranium Project directly adjacent to Dark Star's Ghost Lake property in Labrador, making it a direct geographic and asset-class peer for Canadian uranium exploration and development.
• Metal Energy Corp: Metal Energy Corp, led by James Sykes (Dark Star's technical advisor), is a Canadian uranium and critical minerals explorer; the personnel overlap and shared focus on Canadian uranium make it a closely comparable peer.
• Atha Energy Corp: Atha Energy holds claims contiguous to Dark Star's Ghost Lake project in Labrador's Central Mineral Belt and pursues uranium and critical mineral exploration in Canada, making it the most directly comparable neighbour and exploration-stage peer.
• Fission 3.0 Corp: Fission 3.0 is an exploration-stage uranium company focused on the Athabasca Basin region of Saskatchewan with multiple early-stage projects, closely matching Dark Star's exploration-stage model and Saskatchewan jurisdiction.

Broad incumbents

• Denison Mines: Denison Mines is an established Athabasca Basin uranium developer and one of the most prominent Canadian uranium names; while significantly larger, it operates in the same Saskatchewan uranium jurisdiction and provides relevant scale and market benchmark comparability.
• Cameco Corporation: Cameco is the world's largest publicly traded uranium producer with major Athabasca Basin operations; while far larger and producing, it provides the dominant market reference for Canadian uranium valuation and demand dynamics relevant to Dark Star.

Emerging players

• Forsys Metals Corp: Forsys Metals is a uranium developer with assets in Namibia (formerly founded by Duane Parnham, Dark Star's former advisor), making it relevant as a Namibian uranium peer whose former founder overlapped with Dark Star's advisory team.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/darkstar_batt/status/1904241020487036963?s=46
• Facebookfacebook.com/DarkStar.BATT
• LinkedInlinkedin.com/company/dark-star-minerals

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DARK STAR MINERALS