Nevada Sunrise Gold

What Nevada Sunrise Gold does

Nevada Sunrise Metals Corp. (TSX-V: NEV; OTC: NVSGF) is a junior mineral exploration company headquartered in Vancouver, British Columbia, that acquires and explores gold, lithium, copper, and cobalt properties in Nevada, USA. The company was founded in 2008 and listed on the TSX Venture Exchange that same September; it was previously known as Nevada Sunrise Gold Corporation before rebranding in September 2022 to reflect its multi-commodity focus. The company's project portfolio consists of six exploration-stage assets: the Griffon Gold Mine Project and Fivemile Gold Project in the Battle Mountain-Eureka-Cortez trend, the Coronado Copper (VMS) Project, and three 100%-owned lithium brine projects — Gemini West, Jackson Wash, and Badlands — in the Lida Valley/Clayton Valley region. Nevada Sunrise also retains a 20.01% interest in the Kinsley Mountain Gold Project alongside New Placer Dome Gold Corp.

The company's exploration technology stack combines conventional methods — gravity, magnetic, electromagnetic, IP/Resistivity, and CSAMT geophysical surveys, ionic leach soil sampling, and SGH surveys — with VRIFY Technology's DORA AI-Assisted Mineral Discovery Platform, which generates prospectivity scores from compiled historical exploration data to prioritize drill targets at Griffon. Exploration programs are conducted under earn-in option agreements with arm's-length vendors (American Metals Exploration Corp. for Fivemile) and joint venture partners (New Placer Dome for Kinsley, Global Energy Metals for Lovelock/Treasure Box). Nevada Sunrise holds Nevada Water Right Permit 86863, which is relevant for lithium brine extraction in Clayton Valley.

The company's business model is structured as a capital-intensive, equity-funded exploration holding company rather than a revenue-generating producer. Nevada Sunrise has never reported product revenue; it funds operations through non-brokered private placements of units (shares plus warrants) to accredited investors, supplemented by cash payments and carried interests from joint venture partners and occasional divestitures of non-core assets (e.g., the Clayton Northeast Lithium Project sale to Pure Energy Minerals). Long-term economic returns are intended to come from net smelter returns (NSR) royalties on producing properties (2.0% on Griffon, 3.0% on Fivemile) and from asset sales or transactions tied to discovery. Marketing reach is built primarily around press release distribution, IR agreements with Investing News Network and Mining.com.au, and TSX-V listing visibility, with the primary audience being retail and institutional resource-sector investors.

Name

Nevada Sunrise Gold

Legal name

Nevada Sunrise Metals Corporation

Website

https://nevadasunrise.ca

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Nevada Sunrise Metals Corp. is a Vancouver-based junior mineral exploration company that acquires and advances gold, lithium, copper, and cobalt exploration projects in Nevada, USA, funding operations through private placements and earn-in joint ventures with partner mining companies.

Ownership category

akta.pro rank

Product category

Mineral Exploration Services

NAICS

Mining and Oil and Gas Field Machinery Manufacturing (33313), Support Activities for Metal Mining (213114)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Mineral exploration services
• Gold exploration projects
• Lithium brine exploration
• Copper mining exploration
• Junior mining company

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Equity Financing (Private Placements): The company raises capital through non-brokered private placements of units consisting of common shares and warrants. This is the primary funding mechanism for exploration activities.
2. Option and Joint Venture Payments: The company earns payments and retains interests in joint ventures where partners (like American Metals Exploration Corp.) make cash payments and incur exploration expenditures to earn interests in properties.
3. Asset Divestitures: The company generates revenue by selling non-core assets and water rights, such as the sale of Clayton Northeast Lithium Project to Pure Energy Minerals and water rights in Clayton Valley.
4. Net Smelter Returns Royalties (NSR): Upon production from properties, the company receives royalty payments. For example, Griffon is subject to a 2.0% NSR, and Fivemile has a 3.0% NSR in favor of Ammetex with buy-down provisions.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Nevada Sunrise is a junior mineral exploration company that acquires, explores, and develops gold, copper, lithium, and cobalt mineral property assets in Nevada, USA. The company generates value by applying modern exploration technologies (AI-assisted discovery, geophysics, geochemistry) to identify drill targets on under-explored properties, then partners with other mining companies through earn-in joint venture agreements to fund development while retaining Net Smelter Return royalties.

Product overview

Nevada Sunrise Metals Corp. is a junior mineral exploration company offering a portfolio of exploration projects in Nevada, USA. The company operates as a unified exploration program across multiple mineral targets: two gold projects (Griffon and Fivemile) where it can earn majority interests, one copper project (Coronado) with 100% earn-in rights, and three lithium brine projects (Gemini West, Jackson Wash, and Badlands) with 100% ownership. The exploration portfolio is managed using AI-assisted technology through a partnership with VRIFY Technology, and the company also holds Nevada Water Right Permit 86863 necessary for lithium brine exploration.

Differentiator

Problem solved

Functional benefit

Products and services

• Griffon Gold Mine Project A gold exploration project in White Pine County, Nevada, where Nevada Sunrise can earn 100% ownership. The project comprises 89 unpatented claims totaling approximately 1,780 acres (720 hectares) with historical oxide gold production of 62,661 ounces from two open pits (1998-1999). Exploration uses VRIFY's DORA AI platform, ionic leach soil sampling, SGH surveys, IP, and CSAMT surveys.
• Fivemile Gold Project A gold exploration project in the Cortez Mining District, Lander County, Nevada, where Nevada Sunrise can earn a 79% working interest through staged exploration expenditures totaling US$2.7 million. The project covers 266 unpatented mineral claims totaling approximately 5,496 acres, located approximately 5 miles southwest of Barrick's Fourmile gold deposit and 4 miles south-southwest of the Cortez Hills mine.
• Coronado Copper Project

Quantifiable outcome

• Historical production of 62,661 ounces of oxide gold from the Griffon Gold Mine Project between 1998-1999.
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core, major and minor.

• American Metals Exploration Corp. (Ammetex)coreStrategic or Co-development Partner · 26 May 2026Nevada Sunrise entered into an earn-in option agreement to acquire up to a 79% interest in the Fivemile Gold Project from American Metals Exploration Corp. (Ammetex), a private Nevada company at arm's-length to Nevada Sunrise. Nevada Sunrise can earn 51% by incurring US$1,000,000 in expenditures by May 2028, with options to increase to 65% and 79% through additional expenditures. A 3.0% NSR royalty applies with buy-down provisions.
• VRIFY Technology Inc.coreTechnology or Integration · 13 March 2025Nevada Sunrise signed an agreement with VRIFY Technology Inc. to use DORA, VRIFY's AI-Assisted Mineral Discovery Platform, at the Griffon Gold Mine Project. VRIFY compiles and analyzes decades of historical exploration data using proprietary algorithms to generate prospectivity scores identifying high-potential areas for new gold mineralization. The partnership was deepened in September 2025 to identify new target areas at Griffon.
• New Placer Dome Gold Corp.majorStrategic or Co-development PartnerNevada Sunrise holds a 20.01% interest in a joint venture with New Placer Dome Gold Corp. at the Kinsley Mountain Gold Project near Wendover, Nevada. Kinsley Mountain is a Carlin-style gold project hosting 418,000 indicated ounces of gold grading 2.63 g/t Au and 117,000 inferred ounces averaging 1.51 g/t Au.
• Global Energy Metals Corp.minorStrategic or Co-development PartnerNevada Sunrise owns a 15% interest in the historic Lovelock Cobalt Mine and the Treasure Box copper properties, with Global Energy Metals Corp. (TSXV: GEMC) holding an 85% participating interest.
• Fremont Gold Ltd.minorStrategic or Co-development PartnerHistorical exploration partner that drilled nine holes totaling 2,275 metres at the Griffon Gold Mine Project in 2020. Nevada Sunrise acquired the project and is resampling and validating historical drill results.
• O'Keefe Drilling CompanyminorImplementation/ SI/ Consulting PartnerButte, Montana-based drilling contractor engaged for up to 3,500 feet of reverse circulation drilling at the Gemini Lithium Project in 2022.
• Liberty Gold Corp.minorStrategic or Co-development PartnerHistorical joint venture partner at Kinsley Mountain Gold Project that conducted drilling programs including intersecting 5.42 g/t gold over 9.1 metres.
• Advantage Lithium Corp.minorStrategic or Co-development PartnerHistorical partner for Clayton Valley and Neptune Lithium Projects. Joint drilling programs intersected 387.69 metres averaging 243.66 mg/L lithium in brines at Clayton Northeast Project. Advantage Lithium discontinued its option on four Nevada lithium projects in 2017.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Others

• VRIFY Technology Inc. Vancouver-based AI and predictive modeling company providing the DORA AI-Assisted Mineral Discovery Platform to Nevada Sunrise. Adjacent ecosystem participant (technology vendor) rather than a competitor; relevant because the partnership is a core piece of Nevada Sunrise's exploration strategy.

Direct peers

• Advantage Lithium Corp. Historical Nevada lithium brine JV partner of Nevada Sunrise on the Clayton Valley and Neptune Lithium Projects. Directly comparable as a junior lithium brine explorer focused on Nevada, though Advantage Lithium has since restructured.
• New Placer Dome Gold Corp. Gold exploration company and Nevada Sunrise's JV partner at Kinsley Mountain (where it holds the 79.99% operating interest). Acquired by Kinross Gold in 2022 but was a direct comparable junior Nevada gold explorer prior to that.
• Paramount Gold Nevada Corp. Nevada-focused gold and silver exploration and development company operating in the same jurisdiction with both exploration-stage and advanced-stage assets. Comparable by jurisdiction, commodity focus, and junior scale.
• Global Energy Metals Corp: TSX-V listed junior (GEMC) and Nevada Sunrise's 85% partner at the Lovelock Cobalt Mine and Treasure Box copper properties. Directly comparable as a multi-commodity Nevada-focused explorer that JV-funds projects.
• Liberty Gold Corp: Nevada-focused gold developer that was a historical JV partner with Nevada Sunrise at the Kinsley Mountain Gold Project, intersecting 5.42 g/t Au over 9.1 metres. Operates in the same jurisdiction and Carlin-type deposit model.
• Fremont Gold Ltd: Vancouver-based Nevada gold exploration company. Fremont was the historical drill partner at Nevada Sunrise's Griffon Gold Mine Project (2020 program), making it the most directly comparable peer in size, geography, and project focus.
• American Metals Exploration Corp. (Ammetex): Private Nevada-focused gold exploration company that optioned the Fivemile Gold Project to Nevada Sunrise. Directly comparable as a privately-held junior explorer in the Cortez trend.

Regional players

• Standard Lithium Ltd. TSX-listed lithium brine developer with assets in the Smackover Formation (Arkansas) and prior Nevada projects. Comparable as a lithium brine explorer with US-based assets, though Nevada Sunrise's lithium focus is in Nevada basins (Lida Valley, Esmeralda County).

Broad incumbents

• i-80 Gold Corp: Larger Nevada-focused gold producer/developer with multiple advanced-stage and exploration assets in the state. Comparable jurisdiction and commodity focus, but operates at a much larger scale and broader portfolio than Nevada Sunrise.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nevada-sunrise-gold-corp-nv8-

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds5 records

Investors

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 Nevada Sunrise Gold