Makenita Resources

What Makenita Resources does

Makenita Resources Inc. is a Vancouver-based junior mining exploration company listed on the Canadian Securities Exchange (CSE: KENY) with a market capitalization of approximately $5.465 million. Founded in 2024, the company focuses on critical minerals exploration in Canada across three properties: the Sisson West Tungsten Project in New Brunswick (~9,845 acres, adjacent to Northcliff Resources' Sisson Tungsten Mine), the NTX Rare Earth Project in Quebec, and the Hector Property in Ontario. Its core technical work centers on airborne geophysical surveys conducted by New-Sense Geophysics Ltd. to evaluate whether the mineralized system from the adjacent Sisson deposit extends onto Makenita's concessions. The company's strategic positioning is anchored to Canada's critical-minerals agenda: the adjacent Sisson Tungsten Mine has been designated a Nation-Building Project by the Canadian federal government, with documented support from both federal and New Brunswick provincial authorities.

The company is led by President, CEO, and Director Jason Gigliotti, who has engaged directly with New Brunswick Premier Susan Holt on the province's mining ambitions. Makenita built its portfolio through an option agreement completed in November 2025 that brought in the Sisson West and NTX projects, and it more than doubled its Sisson West landholdings in December 2025 to capitalize on rising tungsten prices driven by China's dominance of approximately 80% of global tungsten production. The capital base remains small, funded primarily through non-brokered flow-through private placements (~$100,000 CAD in March 2026 at $0.10 per share, with no warrants and no finder's fees), supplemented by earlier financings totaling approximately $516,000 across 2025-2026. The company recently engaged Winning Media for a six-month investor relations and digital marketing campaign to broaden investor visibility.

Makenita is a pre-revenue exploration company with no products or services to sell and no current production or offtake agreements. Revenue mechanics will depend entirely on future resource definition, permitting, and partnership economics, most likely structured as offtake or development arrangements with larger mining companies or Western government and defense industry buyers seeking non-Chinese tungsten supply. There is no published pricing model or customer base, and the company's value-creation path runs through successful exploration results, capital raises, and eventual transaction events such as joint ventures, acquisitions by a major, or government-backed development financing.

Name

Makenita Resources

Legal name

Makenita Resources Inc.

Website

https://makenitaresources.com

Company type

Public

Founded year

2024

Operating status

Operating

Ownership category

akta.pro rank

Product category

Mining Exploration

NAICS

Nonmetallic Mineral Mining and Quarrying (2123), Crushed and Broken Limestone Mining and Quarrying (212312), Construction Sand and Gravel Mining (212321), Iron Ore Mining (212210), Ground or Treated Mineral and Earth Manufacturing (327992)

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Rock Excavation, Blasting & Quarry-Assist Works (IMAFAKAE)

akta.pro secondary industry

Mining & Mineral Processing Facility Construction (IMAFADAE)

Keywords

• Mineral exploration services
• Tungsten exploration projects
• Rare earth exploration
• Critical minerals mining
• Junior mining exploration

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, Marketing or Sales, Personnel, Supply Chain

Distribution channels1 record

Marketing channels3 records

Core offering

Makenita Resources is a Canadian junior mining exploration company that identifies, acquires, and advances critical mineral exploration projects in Canada. The company holds three exploration properties: the Sisson West Tungsten Project in New Brunswick (adjacent to Northcliff Resources' Sisson Tungsten Mine), the NTX Rare Earth Project in Quebec, and the Hector Property in Ontario. Activities include airborne geophysical surveying, mineral claims management, and staged exploration drilling to assess tungsten and rare earth mineralization.

Product overview

Makenita Resources Inc. is a Vancouver-based mining exploration company listed on the CSE (Canadian Securities Exchange) with a portfolio of three exploration projects in Canada: the Sisson West Tungsten Project in New Brunswick, the NTX Rare Earth Project in Quebec, and the Hector Property in Ontario. The company focuses on mineral exploration activities, with primary emphasis on tungsten and rare earth minerals critical to defense systems and industrial applications. The Sisson West project is positioned adjacent to Northcliff Resources' Sisson Tungsten Mine, which has been designated as a Nation-Building Project by the Canadian government.

Differentiator

Problem solved

Functional benefit

Products and services

• Sisson West Tungsten Project Tungsten exploration project located in New Brunswick, Canada, covering approximately 9,845 acres directly adjacent to Northcliff Resources Ltd.'s Sisson Tungsten Mine. Acquired via an option agreement involving shares, warrants, and cash payments, with exploration activities conducted via airborne geophysical surveys to evaluate whether the mineralized system from the adjacent Sisson deposit extends onto Makenita's concessions. Intended for eventual offtake or partnership development with senior mining companies or government entities seeking non-Chinese tungsten supply.
• NTX Rare Earth Project Rare earth exploration project located in Quebec, Canada, acquired through an option agreement alongside the Sisson West Tungsten Project. Part of Makenita's critical minerals portfolio targeting rare earth elements for industrial and defense applications.
• Hector Property Mining exploration property located in Ontario, Canada, forming part of Makenita Resources' existing Canadian project portfolio.

Quantifiable outcome

• More than doubled landholdings in Sisson West Tungsten Project

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• New-Sense Geophysics Ltd.coreTechnology or Integration · 24 March 2026Makenita Resources engaged New-Sense Geophysics Ltd. to conduct airborne geophysical surveys on the Sisson West Tungsten Project. The survey is evaluating whether the mineralized system from the adjacent Sisson deposit extends onto Makenita's concessions. Operations commenced within days of engagement.
• Northcliff Resources Ltd.coreStrategic or Co-development PartnerNorthcliff Resources' Sisson Tungsten Mine is positioned as one of Canada's nation-building projects. Makenita's Sisson West project is located directly adjacent to this deposit, with the company evaluating whether the mineralized system extends onto its concessions.
• Winning MediaminorGTM or Marketing PartnerSix-month investor relations and digital marketing campaign engagement to boost visibility. The campaign utilizes high-volume display ads and native content across major networks to convert attention into sustained trading interest.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Canada Rare Earth Corp. Canadian-focused rare earth processor and explorer building a vertically integrated downstream capability. Comparable as a small-cap Canadian rare earths company pursuing Western-aligned supply, relevant to Makenita's NTX positioning.
• Vital Metals Limited: Junior rare earths producer/developer with operations in Canada (Nechalacho) and Africa. Comparable as a small-cap publicly traded rare earths company positioning itself in the Western supply chain, mirroring Makenita's critical minerals thesis.
• Mkango Resources Ltd. TSXV-listed rare earths developer (Songwe Hill in Malawi). Comparable as a publicly traded junior advancing rare earth assets through feasibility, providing a development-stage benchmark relevant to Makenita's NTX Rare Earth Project.

Broad incumbents

• Almonty Industries Inc. One of the largest Western-listed tungsten producers with operating mines and development projects. Comparable as a publicly traded tungsten-focused company whose valuation is driven by Western supply security and tungsten price dynamics that directly affect Makenita.
• Neo Performance Materials Inc. Established Western rare earths and rare metals processor with global manufacturing footprint. Comparable as a publicly traded company exposed to the same Western critical minerals supply theme, though much larger and downstream-focused.

Direct peers

• Defense Metals Corp. Canadian junior critical minerals explorer focused on rare earths (Wicheeda project in British Columbia). Directly comparable as a CSE/TSXV-listed junior pursuing Western-aligned rare earth supply, a segment where Makenita's NTX project competes for investor capital.
• Northcliff Resources Ltd. Owner of the adjacent Sisson Tungsten Mine in New Brunswick, the same deposit Makenita's Sisson West project flanks. Most direct geological and jurisdictional comparable, and an explicit strategic neighbor referenced across Makenita's disclosures.

Regional players

• Tungsten Mining NL: ASX-listed tungsten explorer-developer with multiple Australian tungsten assets. Comparable on commodity focus and exploration-stage profile, though geographically distinct; useful for tungsten-specific valuation and capex benchmarking.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Makenita Resources