Mayo Lake Minerals
Mayo Lake Minerals is a Yukon-focused junior mineral exploration company listed on the CSE under MLKM, advancing gold and silver properties (Carlin-Roop, Anderson-Davidson, Edmonton) totalling 146 sq. km within the Tombstone Gold Belt.
- Company typePublic
- Founded2011
- HeadquartersCarp, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
Mayo Lake Minerals firmographics
Firmographics- Name
- Mayo Lake Minerals
- Legal name
- Mayo Lake Minerals Inc.
- Website
- https://mayolakeminerals.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mayo Lake Minerals is a Yukon-focused junior mineral exploration company listed on the CSE under MLKM, advancing gold and silver properties (Carlin-Roop, Anderson-Davidson, Edmonton) totalling 146 sq. km within the Tombstone Gold Belt.
- Ownership category
- akta.pro rank
Mayo Lake Minerals industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Gold Ore and Silver Ore Mining (21222), Support Activities for Mining (2131)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
- akta.pro secondary industries
- Silver Mining (IMAKAEAB), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA), Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)
Keywords
Where Mayo Lake Minerals is headquartered
LocationHeadquarters
- HQ city
- Carp
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Mayo Lake Minerals business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Mineral Production (Future): Pre-revenue exploration stage company. Anticipated future revenue from gold and silver production from properties in the Yukon, including the Carlin-Roop Silver Project and Anderson Gold Trend properties.
- Property Sales: Revenue generated through sale of non-core exploration properties, such as the Trail-Minto Property sold to Banyan Gold for $1,000,000, with retained 2% NSR.
- NSR Royalty Income (Future): Retained 2% Net Smelter Return (NSR) royalty on sold properties with 1% buyback option, providing potential future revenue streams.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Mayo Lake Minerals product offering
Product offeringCore offering
Mayo Lake Minerals is a junior mineral exploration and development company that explores for and develops gold and silver properties in the Mayo Mining District of the Yukon Territory. The company holds 100% interest in three claim blocks totalling 731 quartz claims across 146 sq. km, including the flagship Carlin-Roop Silver Project (44.5 sq. km in the Keno Hill Silver District) and the Anderson-Davidson Gold Project (86.8 sq. km hosting the 48 sq. km Anderson Gold Trend). Exploration activities include airborne magnetics, ground geophysics, soil geochemistry, SGH surveys, and diamond and RC drilling to identify drill-ready gold and silver prospects.
Product overview
Mayo Lake Minerals is a Yukon-based mineral exploration/development company listed on the Canadian Securities Exchange (CSE: MLKM). The company operates a portfolio of three core exploration properties: the Carlin-Roop Silver Project (flagship, 44.5 sq km, high-grade silver in Keno Hill Silver District), the Anderson-Davidson Gold Project (flagship, 86 sq km, gold camp potential with 48 sq km Anderson Gold Trend), and the Edmonton Claims (early-mid stage, 15.2 sq km, gold/base metal targets). The company also proposes a merger with WestMountain Gold to combine Alaska and Yukon gold assets through the Terra project.
Differentiator
Problem solved
Functional benefit
Products and services
- Carlin-Roop Silver Project A flagship 226-claim (44.5 sq. km) silver exploration property located in the Eastern Sector of the Keno Hill Silver District in the Mayo Mining District of the Yukon, featuring high-grade silver potential with the Carlin West zone showing 580m+ long silver in-soil anomaly and grab samples assaying up to 3,994g Ag/t, targeting Keno Hill Style Mineralization (KHSM). The project is offered for mineral exploration and future resource development by Mayo Lake Minerals Inc. as a CSE-listed junior mining issuer.
- Anderson-Davidson Gold Project A flagship 429-claim (86.8 sq. km) gold exploration property hosting the Anderson Gold Trend, a 48 sq. km gold trend with four drill-ready prospects including Anderson-Owl, Peak, Steep Creek, and Norman zones. RC drilling at Anderson-Owl intersected 0.77g Au/t over 6.1m with gold-bearing structures continuous for at least 50m between holes. The project targets Reduced Intrusion Related Gold System (RIRGS) mineralization within the Tombstone Gold Belt of the Tintina Gold Province and is offered for mineral exploration and future resource development by Mayo Lake Minerals Inc.
- Edmonton Claims An early-mid stage 76-claim (15.2 sq. km) gold and base metal exploration property in the Mayo Mining District of the Yukon, featuring a 6 sq. km magnetic low interpreted as an alteration zone over a buried intrusion with anomalous gold, silver, and base metal mineralization. The property is accessible seasonally by barge and ice road from Mayo Lake and is offered for mineral exploration by Mayo Lake Minerals Inc. as part of its claim portfolio in the Tombstone Gold Belt.
Quantifiable outcome
- Carlin West zone: 580m long silver in-soil anomaly with grab samples up to 3,994g Ag/t; drill results of 124.4 g/t Ag over 0.85m within broader 64.4 g/t Ag over 2.65m
- +2 more outcomes
Companies that use Mayo Lake Minerals
Customer profileSegments2 records
Ideal customer profiles3 records
Mayo Lake Minerals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Mayo Lake Minerals partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor, significant and core.
- AME Roundup (Vancouver)minorCompany participates in the AME Roundup conference in Vancouver for investor outreach and contractor meetings to finalize plans for the 2026 exploration field season.
- Banyan GoldsignificantMayo Lake sold its Trail-Minto Property to Banyan Gold for $1,000,000. Mayo Lake retains a 2% NSR while holding a 1% NSR buyback option. The transaction strengthens Mayo Lake's financial position while Banyan gains an attractive 3.5km gold in soil anomaly property.
- WestMountain Gold, Inc.coreProposed merger agreement to combine gold assets in Alaska and Yukon. The merger aims to expand resources of the Terra project. As of July 2024, estimated post-merger resources of 880,000 oz Au and 1,200,000 oz Ag by narrow vein mining, plus minimum 1,933,400 oz Au and 3,194,700 oz Ag by bulk mining. Target completion was April 2025.
Scale indicators9 records
Recent moves7 records
Expansion highlights4 records
Mayo Lake Minerals competitors and assessment
Company assessmentDirect peers
- Metallic Minerals Corporation: Directly comparable Keno Hill Silver District explorer focused on silver and gold in the Yukon. Mayo Lake and Metallic Minerals operate in complementary eastern-sector positions of the same district with shared KHSM mineralization model, competing for investor capital in the junior silver space.
- Silver North Resources: Keno Hill Silver District-focused junior explorer operating on the western extent of the KHSD. Direct peer given shared high-grade silver exploration model, Yukon jurisdiction, and small-cap CSE/TSXV listing profile.
- Banyan Gold Corp. Yukon-focused gold explorer that acquired Mayo Lake's Trail-Minto Property for $1M in December 2025. Directly comparable as a Yukon Tombstone Gold Belt explorer with overlapping property positions, junior market cap, and CSE/TSXV listing.
- WestMountain Gold, Inc. Proposed merger partner with gold assets in Alaska and Yukon (Terra Project). Direct peer in early-stage gold exploration with combined resource estimate of ~1.9M oz Au + 3.2M oz Ag (bulk mining) and shares Mayo Lake's Tintina Gold Province focus.
- ATAC Resources Ltd. Yukon-focused gold and silver explorer with properties in the Tombstone Gold Belt and elsewhere in the territory. Direct comparable as a junior CSE/TSXV-listed exploration-stage company in the same regional geology.
Broad incumbents
- Hecla Mining Company: Major NYSE-listed precious metals producer operating the Keno Hill silver mine in Mayo's backyard. Comparable via shared Keno Hill district exposure, but operates as a fully integrated producer at vastly larger scale than Mayo Lake's exploration-stage profile.
- Victoria Gold Corp: Mid-tier gold producer operating the Eagle Gold mine in the Yukon. Comparable via Yukon Tombstone Gold Belt jurisdiction and gold-focused exploration, but operates as an established producer with substantially greater capital resources.
- Alexco Resource Corp. Historical operator of the Keno Hill silver mine now owned by Hecla. Comparable through shared Keno Hill Silver District expertise and KHSM model, though now part of a much larger producer.
- Newmont Corporation: Largest gold mining company globally with diversified North American and global operations. Comparable as a gold-exposed investment alternative, though vastly larger scale and operating profile than Mayo Lake's pre-resource exploration stage.
- Agnico Eagle Mines Limited: Major North American-focused gold producer with diversified operations including Canadian assets. Comparable as a senior gold investment alternative with operating cash flow, but with no overlap in the Yukon Tombstone Gold Belt or Keno Hill district specifically.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Mayo Lake Minerals social profiles
Digital presenceMayo Lake Minerals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mayo Lake Minerals leadership team
Management profileNumber of profiles
Profiles8 records
Mayo Lake Minerals funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mayo Lake Minerals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mayo Lake Minerals
What does Mayo Lake Minerals do?
Mayo Lake Minerals is a junior mineral exploration and development company that explores for and develops gold and silver properties in the Mayo Mining District of the Yukon Territory. The company holds 100% interest in three claim blocks totalling 731 quartz claims across 146 sq. km, including the flagship Carlin-Roop Silver Project (44.5 sq. km in the Keno Hill Silver District) and the Anderson-Davidson Gold Project (86.8 sq. km hosting the 48 sq. km Anderson Gold Trend). Exploration activities include airborne magnetics, ground geophysics, soil geochemistry, SGH surveys, and diamond and RC drilling to identify drill-ready gold and silver prospects.
Is Mayo Lake Minerals a public or private company?
Mayo Lake Minerals is a public company. It is classified as public and is currently operating.
When was Mayo Lake Minerals founded?
Mayo Lake Minerals was founded in 2011. It employs 1 to 10 people.
Where is Mayo Lake Minerals based?
Mayo Lake Minerals is headquartered in Carp, Canada, in the North America region.
How does Mayo Lake Minerals make money?
Three revenue lines are on record. Mineral Production (Future) is the primary driver. The others are property Sales and NSR Royalty Income (Future).
Who are Mayo Lake Minerals's main competitors?
Direct peers on record are Metallic Minerals Corporation, Silver North Resources, Banyan Gold Corp., WestMountain Gold, Inc. and ATAC Resources Ltd.. Broad incumbents are Hecla Mining Company, Victoria Gold Corp, Alexco Resource Corp., Newmont Corporation and Agnico Eagle Mines Limited.
Does Mayo Lake Minerals have an API?
No public API is recorded for Mayo Lake Minerals.
What industry is Mayo Lake Minerals in?
Mayo Lake Minerals's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development, with a secondary code of IMAKAEAB, Silver Mining. Its NAICS code is 21222 and its SIC code is 1040.