Avidian Gold

What Avidian Gold does

Avidian Gold Corp. (TSX-V: AVG, OTCQB: AVGDF) is a publicly listed Canadian junior mineral exploration company headquartered in Toronto, founded in June 2011 and trading on the TSX Venture Exchange since December 4, 2017. The company's stated strategy is the acquisition and development of world-class gold and gold-copper mineral deposits in "mine-friendly" North American jurisdictions, with technical focus on intrusion-related and structurally controlled Au-Cu mineralization targeting systems in Jurassic island arc environments. Its flagship asset is the 100%-owned Jungo gold-copper property in north-eastern Nevada (3.5 sq km), located along the Humboldt structural trend connecting the Hycroft mine (~25 Moz Au) and the Sleeper deposit (~7 Moz Au), where less than 1.5 km of a 2 km mineralized trend has been partially evaluated. Through a ~28% equity stake in High Tide Resources Corp. (CSE: HTRC), Avidian also retains indirect exposure to iron ore and base metal assets, including the Labrador West Iron Project (654.9 Mt @ 28.84% Fe inferred resource) and the Lac Pegma Cu-Ni-Co deposit in Quebec.

Avidian Gold is pre-revenue and generates no commercial product sales; it is financed through equity private placements and asset divestitures. Historical capital raises include multiple private placements between 2018 and 2026 with notable participation by strategic investors Eric Sprott (July 2020) and Crescat Capital (August 2020), with the largest being an oversubscribed US$6.6M placement in June 2021. In August 2024, the company divested its wholly owned Alaskan subsidiary (Avidian Gold Alaska Inc., holding the Golden Zone and Amanita NE gold properties) to Contango ORE Inc. (NYSE-A: CTGO) for US$2.4M initial consideration plus up to US$1.0M deferred upside, resulting in a debt-free, single-asset-focused explorer. The company employs 11-50 staff and is led by President and CEO Steve Roebuck (P.Geo, NI 43-101 Qualified Person), Chairman Dino Titaro (founder of Carpathian Gold), VP Exploration John Schaff (former Coeur Mining Exploration Manager), and CFO Donna R. McLean.

Name

Avidian Gold

Legal name

Avidian Gold Corp.

Website

https://avidiangold.com

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Avidian Gold Corp. is a pre-revenue Canadian junior mineral exploration company (TSX-V: AVG) focused on acquiring and advancing gold and gold-copper properties in North American mining-friendly jurisdictions, primarily the 100%-owned Jungo property in Nevada, with indirect exposure to iron ore through High Tide Resources.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220), Copper, Nickel, Lead, and Zinc Mining (212230), Iron Ore Mining (212210)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industries

Gold Mining (IMAKAEAA), Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Real Assets — Natural Resources & Minerals (Mining, Royalties/Streaming) (FSAHAIAK)

Keywords

• Gold exploration
• Mineral property development
• Gold-copper deposits
• Mining exploration services
• Precious metals exploration

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Marketing channels4 records

Core offering

Avidian Gold is a publicly listed junior mineral exploration company that acquires, explores, and advances gold and gold-copper mineral properties in North American mining-friendly jurisdictions. The company's primary asset is the 100%-owned Jungo gold-copper property in northeastern Nevada, with additional iron ore and base metal exposure through a ~28% interest in High Tide Resources Corp. (CSE: HTRC). The company has no current commercial mineral production; value is created through exploration success, resource definition, and eventual asset divestiture, joint venture, or development.

Product overview

Avidian Gold is a publicly listed Canadian mining exploration company (TSX-V: AVG) focused on the acquisition and development of world-class mineral deposits in North American 'resource friendly' jurisdictions. The company's primary asset is the Jungo gold-copper property in Nevada, a 100%-owned 3.5 sq km project along a major mineral trend. Through its ~28% owned subsidiary High Tide Resources (CSE: HTRC), Avidian holds interests in the Labrador West Iron Project (654.9 Mt inferred resource @ 28.84% Fe) and the Lac Pegma copper-nickel-cobalt deposit in Quebec. The company previously held Alaskan properties (Golden Zone, Amanita) which were sold to Contango ORE in 2024. Avidian's portfolio strategy focuses on gold properties with potential for significant discoveries within mine-friendly jurisdictions.

Differentiator

Problem solved

Functional benefit

Products and services

• Jungo Gold-Copper Property A 100%-owned, 3.5 sq km gold-copper exploration property located in northeastern Nevada along the structural trend connecting the Hycroft mine to the southwest with the Sleeper deposit to the northeast. The property hosts a 2 km long Au-Cu system in a magmatic-hydrothermal environment controlled by NNE structures; geophysical results indicate multiple phases of mineralization, and less than 1.5 km of the trend has been partially evaluated. Intended for investors and future joint-venture or acquisition counterparties in the gold-copper exploration sector.
• Labrador West Iron Project (via High Tide Resources) An iron ore project located adjacent to the Iron Ore Company of Canada's Carol Lake Mine in Labrador City, Newfoundland and Labrador, held through High Tide Resources Corp. (~28% Avidian ownership). Hosts a NI 43-101 Inferred iron resource of 654.9 Mt @ 28.84% Fe, exposed at surface and pit-constrained for open-pit mining. Intended for iron ore market participants and resource investors.
• Lac Pegma Copper-Nickel-Cobalt Deposit (via High Tide Resources) A 100%-owned copper-nickel-cobalt sulphide deposit located 50 kilometres southeast of Fermont, Quebec, held through High Tide Resources Corp. (~28% Avidian ownership). Provides exposure to battery and electrification-relevant metals.

Quantifiable outcome

• The Jungo property hosts a 2 km-long Au-Cu system with surface gold mineralization greater than 1 g/t in a NNE-trending zone, with historical trench results including 6.10 m @ 2.12 g/t Au and 3.05 m @ 2.36 g/t Au.
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• HighGold Mining: Canadian-listed gold explorer with flagship assets in Ontario and Alaska. Comparable as a junior precious metals explorer focused on high-grade intrusion-related and epithermal gold systems in North America.
• Probe Metals: Canadian-listed gold exploration company advancing district-scale projects in Quebec. Comparable as a publicly listed junior gold explorer with single-management leadership and a focus on resource expansion in a Canadian mining-friendly jurisdiction.
• Wallbridge Mining: Canadian-listed gold/copper exploration company with assets in Quebec and Ontario. Comparable to Avidian as a junior precious/base-metals explorer pursuing multi-million-ounce discoveries in stable North American jurisdictions.
• Fury Gold Mines: Canadian-listed gold exploration company with a portfolio of Canadian and U.S. projects (including Nevada). Comparable as a North America-focused gold explorer led by a technically experienced team pursuing tier-one discoveries.
• GoldMining Inc. Canadian-listed gold/copper exploration company with a portfolio of resource-stage projects across the Americas. Comparable as a publicly traded junior gold-copper explorer pursuing multi-million-ounce discoveries in mining-friendly jurisdictions.
• Troilus Gold: Canadian-listed gold/copper exploration and development company advancing the Troilus project in Quebec. Comparable as a junior gold-copper developer at a similar market-cap tier pursuing a single flagship asset.
• Contango ORE: Junior gold/copper exploration company listed on NYSE-A (CTGO) that directly acquired Avidian's Alaskan subsidiary (Golden Zone and Amanita) in 2024 for US$2.4M. Highly comparable as a North America-focused gold explorer of similar size and stage, making it the most direct functional peer.
• Nighthawk Gold: Canadian-listed gold exploration company focused on the Colomac gold project in the Northwest Territories. Comparable as a publicly listed junior gold explorer in a Canadian mining-friendly jurisdiction with a single flagship asset.
• High Tide Resources: Canadian-listed (CSE: HTRC) iron ore and base metals explorer and ~28%-owned subsidiary of Avidian. Directly comparable as a publicly traded junior mineral explorer within Avidian's own corporate family, focused on Labrador West iron and Quebec base metals.

Broad incumbents

• IAMGOLD: Senior Canadian gold producer with operating mines in West Africa and the Americas. Comparable as a North America-listed gold mining company; serves as a benchmark for what a successful Avidian discovery scenario could look like at scale, though IAMGOLD operates at a far larger capitalization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/avidiangold
• Facebookfacebook.com/avidiangold
• LinkedInlinkedin.com/company/avidian-gold

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds2 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 Avidian Gold