DIOS EXPLORATION

What DIOS EXPLORATION does

Dios Exploration Inc. is a Canadian junior mineral exploration company listed on the TSX Venture Exchange (ticker: DOS) that generates and advances its own grassroots exploration projects, primarily targeting gold and lithium deposits in Quebec's James Bay region. Founded in 1999 and headquartered in Montreal with 1-10 employees, the company is led by President/CEO Marie-José Girard, M.Sc., PGeo, a geologist with 35+ years of experience who was named Prospector of the Year in 2001 for her gold (Aquilon) and molybdenum (Tilly) discoveries.

Dios controls 469 claims covering 236 km², concentrated in four key projects in the Eleonore gold mine area of Newmont. The flagship is the wholly-owned AU33 property (165 km²), which hosts the Heberto-Gold discovery located 50 km south of the Eleonore world-class gold mine and adjacent to Eastmain-1 hydropower infrastructure. The company employs systematic glacial sediment sampling, high-resolution drone magnetic surveys (25m altitude, 35m line spacing), and structural analysis of magnetic and historical drilling data to define gold targets. Historical drill intercepts on AU33 include 3.65 g/t Au over 13 metres and 3.33 g/t Au over 7.2 metres, with surface samples grading up to 94.88 g/t Au. Other projects include Clarkie (Wacky gold trend, up to 8.8 g/t Au), 33 Carats (gold-copper porphyry, up to 7.76 g/t Au and 4.64% Cu), and LeCaron Lithium North (lithium in glacial till).

The business model is pre-revenue; Dios funds exploration entirely through non-brokered private placements of flow-through shares and units, and monetizes discoveries by entering joint-venture or earn-in agreements with major mining companies (e.g., Osisko on AU33 West) or by selling properties outright (e.g., the C$120,000 plus 200,000-shares plus 2% NSR sale of K2 to Azimut in July 2025). The 2026 financing program totaled approximately $650,000 across multiple tranches and funded a 2,024-metre follow-up diamond drilling program on AU33 completed in June 2026. The company is controlled by management, with no parent company and no subsidiaries.

Name

DIOS EXPLORATION

Legal name

Dios Exploration Inc.

Website

https://diosexplo.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

TSX-V-listed Dios Exploration (ticker: DOS) is a junior mining explorer generating grassroots gold and lithium projects in Quebec's James Bay region. It funds exploration via non-brokered private placements and monetizes discoveries through joint ventures and property sales to major mining companies.

Ownership category

akta.pro rank

Product category

Mining Exploration Services

NAICS

Support Activities for Metal Mining (213114), 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

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA), Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)

Keywords

• Gold exploration
• Mineral exploration
• Lithium exploration
• Diamond drilling
• Junior mining

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Others

Revenue model

1. Joint Venture Partnerships: Dios enters into joint venture agreements where major mining companies fund exploration in exchange for equity in properties. Osisko could earn 51% of AU33 West by investing $5 million over 5 years plus $700,000 in payments, with additional participation options.
2. Property Sales: Sale of exploration properties to other mining companies. In 2025, Dios sold K2 property to Azimut for C$120,000 cash plus 200,000 Azimut shares, retaining a 2% NSR royalty (buydown option for $3 million).
3. Private Placement Financing: Non-brokered private placements of flow-through shares and units to raise exploration capital. Recent placements include $650,000 (2026), $350,000 first tranche (April 2026), and $153,000 (May 2025).

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Dios Exploration is a junior mining exploration company that generates its own geological research and development projects, focused on gold and battery-metal exploration in the James Bay region of Quebec. The company advances projects from scientific concept to feasibility either independently or through joint ventures and earn-in agreements with major mining companies, and also funds activities via non-brokered private placements. Its flagship asset is the wholly-owned AU33 property hosting the Heberto Gold discovery, with additional projects including Clarkie, 33 Carats, and LeCaron Lithium North.

Product overview

DIOS EXPLORATION is a Canadian mining exploration company (TSX-V: DOS) focused on gold and battery metal exploration in James Bay, Quebec. The company operates a portfolio of exploration properties including AU33 (its flagship gold project hosting the Heberto Gold discovery), Clarkie, 33 Carats, and LeCaron Lithium North. The company specializes in glacial terrain exploration techniques and diamond drilling to identify gold and lithium deposits. Note: K2 property was sold to Azimut Exploration in 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• AU33 Gold Project A wholly-owned road-accessible gold and lithium exploration project in James Bay, Quebec, covering 165 km² and hosting the Heberto Gold discovery with historical drill intercepts of up to 3.65 g/t Au over 13 meters. Available for joint venture earn-in or partnership with major mining companies.
• Clarkie Gold Project A wholly-owned gold and lithium exploration project located along the Eleonore mine-Cheechoo corridor in the Lower Eastmain Greenstone Belt, James Bay, Quebec. Features the Wacky gold trend with grab samples grading up to 8.8 g/t Au. Available for partnership or further exploration investment.
• 33 Carats Gold Project A wholly-owned gold and copper exploration project located 6 km northwest of the Eastmain Mine gold deposit in the Lower Eastmain Greenstone Belt, James Bay, Quebec. Features porphyry-type Au-Ag-Cu mineralization with surface sample grades up to 7.76 g/t Au, 17.8 g/t Ag, and 4.64% Cu. Copper is positioned as critical for energy transition and decarbonization.
• LeCaron Lithium North A lithium exploration project in James Bay, Quebec, with anomalous lithium values of 27.4, 27.9 and 29.5 ppm Li identified in glacial till samples across two types of erosion material. Targets battery-metal lithium potential in a proven lithium-bearing region.

Quantifiable outcome

• Historical drill results: 3.65 g/t Au over 13m (Hole 19), 3.33 g/t Au over 7.2m (Hole 2017-17), 5.18 g/t Au over 5m (Channel)
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Azimut Exploration Inc.coreStrategic or Co-development Partner · 3 July 2025Azimut acquired 100% interest in 103 claims (54.3 km²) forming the K2 Property in the western part of Lower Eastmain Archean Greenstone Belt for C$120,000 cash and 200,000 Azimut common shares. Dios retained a 2.0% NSR royalty on K2 claims, subject to buydown of 1.0% NSR for C$3,000,000.
• OsiskocoreStrategic or Co-development PartnerHistorical joint venture partner on AU33 West. Osisko could acquire 51% of AU33 West property by investing $5,000,000 in exploration and $700,000 in payments over 5 years. Additional 9% participation available with further $9,000,000 work over 5 years, and another 10% available through financing a feasibility study. Osisko entirely financed exploration campaigns on the property.
• Laurentia ExplorationminorStrategic or Co-development PartnerLaurentia Exploration geological team supervised the 2026 diamond drilling campaign on Au33 property. Core logging was completed on site within mobile core facilities.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Azimut Exploration Inc. Azimut is a Quebec-focused mineral exploration company with a large James Bay property portfolio. They are directly comparable as they share the same James Bay gold/lithium focus, and are a current Dios partner (acquired K2 property in 2025).
• Osisko Mining: Osisko is a major Canadian gold explorer/developer historically partnered with Dios on AU33 West. Highly comparable as a Quebec-focused gold explorer that uses JV/earn-in models to advance projects.
• Eastmain Resources: Eastmain Resources is a Quebec-focused gold exploration company operating in the James Bay region near the Eastmain Mine (where Dios's 33 Carats project is located). Closely aligned in geological setting and exploration approach.
• Bullion Gold Resources Corp. Junior gold explorer with Quebec and Canadian exploration assets. Dios director Jean-David Moore serves on Bullion's board, reflecting the closely intertwined Quebec junior gold ecosystem.
• PTX Metals Inc. Junior exploration company with gold-copper projects in Ontario and Quebec. Dios director Jean-David Moore also serves on PTX's board. Comparable as a small-cap Canadian precious/base metals explorer.
• Fokus Mining Corp. Junior Quebec gold explorer with the Galloway project in the Abitibi region. Dios directors Jean-David Moore and Luc Gervais serve on Fokus's board, making it a direct comparable peer.
• Mosaic Minerals Corp. Quebec-focused junior gold and lithium explorer with James Bay properties. Dios director Luc Gervais also serves on Mosaic's board, indicating the shared Quebec junior mining ecosystem.
• Mont Royal Resources: Junior mining company that acquired 75% of Northern Lights Minerals assets including an interest in the 33 Carats-south property from Dios. Closely aligned through prior transactional relationship.

Broad incumbents

• Newmont Corporation: Newmont operates the world-class Eleonore gold mine 50 km north of Dios's Au33 property. Functions as a potential acquirer/JV partner rather than direct competitor but defines the district's geological context and validates the exploration thesis.
• IAMGOLD Corporation: IAMGOLD operates the Clearwater gold deposit 20 km east of Au33 and acquired Vanstar Mining Resources in 2024. Represents both a potential acquirer/partner and validates the James Bay district's prospectivity for Dios.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/diosexplo

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds7 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 DIOS EXPLORATION