Coniagas Battery Metals

What Coniagas Battery Metals does

Coniagas Battery Metals Inc. is a Canadian junior mining company focused on the exploration and development of critical battery metals—primarily nickel, copper, cobalt, and platinum group metals (PGMs)—in the Saguenay-Lac-Saint-Jean region of Quebec. The company holds 100% ownership of the Graal Project, a polymetallic exploration property covering 14,837 hectares (148.4 km²) after a 2026 expansion from 6,113 hectares following helicopter-borne time-domain electromagnetic (HTDEM) survey results. Confirmed magmatic sulphide mineralization extends along a 6 km strike length with an open-pit deposit model, and 16,000 meters of diamond drilling have been completed. The company is publicly listed on the TSX Venture Exchange (TSX-V: COS) with 34,395,546 shares outstanding (55,208,788 fully diluted) as of September 30, 2024, and is partially owned by Nord Precious Metals Mining Inc., which holds a 35% strategic stake.

Name

Coniagas Battery Metals

Legal name

Coniagas Battery Metals Inc.

Website

https://coniagas.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Coniagas Battery Metals is a Canadian junior mining company (TSX-V: COS) advancing the 100%-owned Graal polymetallic project in Quebec, targeting nickel, copper, cobalt, and PGMs via diamond drilling and AI-augmented exploration targeting. Pre-revenue exploration stage.

Ownership category

akta.pro rank

Product category

Critical Minerals Mining

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Other Metal Ore Mining (212290)

SIC

Metal Mining (1000)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

akta.pro secondary industries

Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Cobalt Mining & Refining (IMAKAFAC), Copper Concentration (Crushing, Grinding, Flotation) (IMAKADAC)

Keywords

• Critical minerals exploration
• Polymetallic deposit exploration
• Battery metals mining
• Nickel copper cobalt exploration
• Junior mining exploration

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Mineral Production Revenue: Pre-revenue exploration company. Future revenue will come from production and sale of nickel, copper, cobalt, and platinum group metals extracted from the Graal project. The company states that proceeds from one metal may finance production of another.
2. Equity Financing: Raises capital through private placements of common shares and warrants to fund exploration and development activities at the Graal project.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Coniagas Battery Metals is a Canadian junior mining exploration company advancing the 100%-owned Graal polymetallic project in Saguenay, Quebec, targeting magmatic copper-nickel-cobalt sulphide mineralization with platinum and palladium byproducts for supply to the electric vehicle and battery manufacturing supply chains. The company employs helicopter-borne time-domain electromagnetic surveys, AI-driven exploration targeting, and diamond drilling to identify and delineate a high-grade polymetallic deposit along a 6-kilometre strike length within a 14,837-hectare property. Future revenue is expected from the production and sale of nickel, copper, cobalt and platinum group metals extracted from the project.

Product overview

Coniagas Battery Metals is a Canadian junior mining company focused on the exploration and development of critical minerals for the electric vehicle market. The company's primary product is the Graal Project, a 100% owned polymetallic deposit in Saguenay, Quebec targeting nickel, copper, and cobalt with platinum and palladium byproducts. The company strategy centers on creating shareholder value through systematic drilling and development of the Graal property toward a maiden NI 43-101 mineral resource estimate.

Differentiator

Problem solved

Functional benefit

Products and services

• Graal Polymetallic Project The Graal project is a 100%-owned polymetallic mineral exploration property in the Saguenay-Lac-Saint-Jean region of Quebec, covering 14,837 hectares after the May 2026 expansion from 6,113 hectares. The project targets high-grade nickel, copper, and cobalt with platinum and palladium byproducts along a confirmed 6-kilometre strike length, with a confirmed open-pit deposit model featuring low-dipping bowl-shaped massive sulphide bodies. It is intended for future supply of critical battery metals to EV manufacturers, battery producers, and clean energy technology companies.

Quantifiable outcome

• 18 nickel targets, 19 copper targets, 14 cobalt targets identified with 80-90% AI similarity scores
• +2 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

One partnership is on record.

• Windfall Geotek Inc.coreTechnology or Integration · 21 May 2026AI-driven mineral exploration partnership using Windfall Geotek's Machine Learning AI System to generate exploration targets for the Graal nickel-copper-cobalt project. Windfall evaluated magnetic, gravimetric, electromagnetic, topographic data and assay results to produce 18 nickel targets, 19 copper targets, and 14 cobalt targets with 80-90% similarity scores. The partnership has helped Coniagas significantly reduce its exploration footprint and focus capital on the most prospective targets.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Canada Nickel Company: Canadian junior mining company advancing large-scale nickel-cobalt deposits in Ontario and Quebec. Most direct analogue to Coniagas given shared focus on nickel-cobalt sulphide projects in eastern Canada targeting the EV/battery supply chain.
• Power Nickel: Polymetallic Ni-Cu-Co-PGM explorer with the Nisk project in Quebec, nearly identical mineral assemblage and deposit model to Coniagas's Graal — directly comparable junior in the same commodity basket and jurisdiction.
• FPX Nickel: Canadian junior developing the Baptiste nickel project in British Columbia using awaruite (nickel-iron alloy) mineralization. Comparable as a publicly listed Canadian nickel-focused battery-metals junior with critical-minerals policy alignment.
• First Cobalt Corp. Canada-based cobalt-focused exploration and refinery developer with assets in the Ontario Cobalt Camp. Directly comparable given shared critical-minerals strategy and target customer base in EV/battery supply chains.
• Nickel Creek Platinum: Canadian junior developing the Nickel Shäw project in the Yukon, a polymetallic Ni-Cu-Co-PGM deposit. Highly comparable commodity profile to Coniagas, with platinum/palladium credits as a key economic driver.

Emerging players

• Kintavar Exploration: Quebec-focused base and precious metals explorer. Comparable as a small-cap Quebec junior using modern exploration methods, though broader in commodity focus than Coniagas.
• Lomiko Metals: Quebec-based junior developing graphite and critical mineral assets in the Grenville region. Comparable as a small Quebec critical-minerals junior with overlap in EV/battery customer strategy.
• Canada Cobalt Works (Power Group): Canadian junior focused on cobalt-nickel-gold assets in the Ontario Cobalt Camp. Comparable in scale, commodity mix, and Canadian critical-minerals orientation to Coniagas.

Regional players

• Critical Elements Lithium: Quebec-based lithium developer advancing the Rose project in the Eeyou Istchee James Bay region. Comparable as a publicly listed Quebec critical-minerals junior targeting the North American battery supply chain.

Broad incumbents

• Nouveau Monde Graphite: Larger and more advanced Quebec-based battery-materials company developing a graphite mine and processing facilities. Broader battery-materials incumbent serving similar EV end-markets from the same Quebec base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/coniagasmetals
• YouTubeyoutube.com/@coniagasbatterymetals
• Facebookfacebook.com/coniagas
• LinkedInlinkedin.com/company/coniagas-battery-metals

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Coniagas Battery Metals