Golden Ridge Resources

What Golden Ridge Resources does

Golden Ridge Resources Ltd. (TSX-V: GLDN) is a Canadian mineral exploration company headquartered in West Kelowna, British Columbia, focused on acquiring and advancing early-stage gold, silver, copper, lead, and zinc properties in proven mining districts of British Columbia and Newfoundland. The company's core asset portfolio includes a 100% interest in the 1,700-hectare Hank copper-gold-silver-lead-zinc property in BC's Golden Triangle district (now subject to an option agreement with Kingfisher Metals), a 100% interest in the 1,550-hectare Williams gold property surrounded by New Found Gold Corp's Queensway South Gold Property in Newfoundland's Central Newfoundland Gold Belt, and the 21,613-hectare Heritage Project on the Burin Peninsula of Newfoundland featuring the Eagle Zone epithermal Au-Ag system. Additional district-scale Newfoundland holdings include Fortune Bay, Davis Cove, Long Range, and Lucky Strike properties.

The company employs conventional mineral exploration techniques including diamond drilling, soil geochemistry, airborne magnetic surveys, and geological mapping. Notable drill results include 24.65m of 2.22 g/t Au at Williams and 5.13m of 4.04 g/t Au with 97.40 g/t Ag at Heritage's Eagle Zone. The company completed 5,182 meters of drilling across 28 holes at Heritage in 2020-2021.

Golden Ridge is pre-revenue; it generates no operating revenue and funds exploration through equity financings, including flow-through share offerings, and strategic investments (notably Eric Sprott's participation in the June 2021 financing). The customer base effectively consists of institutional and retail investors in the resource sector and, indirectly, larger mining companies that may option or acquire the company's properties upon discovery. A previously announced acquisition of a majority interest in Brazilian mining producer MM Group Ltda. (June 2024) was terminated in November 2025, after which the company announced a Normal Course Issuer Bid in May 2026 to repurchase up to ~5% of outstanding shares.

Name

Golden Ridge Resources

Legal name

Golden Ridge Resources Ltd.

Website

https://goldenridgeresources.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Golden Ridge Resources (TSX-V: GLDN) is a pre-revenue Canadian mineral exploration company advancing district-scale gold, silver, copper, and zinc properties in British Columbia's Golden Triangle and Newfoundland, targeting institutional mining-sector investors and potential acquirer partners.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222), Copper, Nickel, Lead, and Zinc Mining (212230)

SIC

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

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industry

Copper Exploration & Resource Development (IMAKADAA)

Keywords

• Mineral exploration
• Gold exploration
• Silver exploration
• Copper exploration
• Canadian mining

Headquarters

HQ city

Vancouver

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, Others

Revenue model

1. Pre-Revenue Exploration Stage: Golden Ridge Resources is a pre-revenue mineral exploration company. The company generates value through exploration activities aimed at discovering mineral deposits, with the ultimate goal of either developing mining operations or optioning/selling properties to larger mining companies. Currently no revenue from operations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Golden Ridge Resources is a TSX-V listed mineral exploration company engaged in acquiring and advancing mineral properties in British Columbia and Newfoundland, Canada. The company owns 100% interests in the 1,700-hectare Hank copper-gold-silver-lead-zinc property in BC's Golden Triangle and the 1,550-hectare Williams gold property in Newfoundland's Central Newfoundland Gold Belt, and conducts diamond drilling, soil sampling, geophysical surveys and prospecting to discover and develop mineral deposits.

Product overview

Golden Ridge Resources is a TSX-V listed mineral exploration company offering a portfolio of exploration properties rather than a unified software product. The company operates two core exploration assets in British Columbia (Hank copper-gold-silver-lead-zinc property and Hickman Zone) and multiple projects in Newfoundland including the Williams Gold Property, Heritage Project, Eagles Claw, Fortune Bay, Davis Cove, and Long Range/Lucky Strike properties. These exploration projects target gold, silver, copper, lead, zinc, and antimony mineralization across prospective geological districts in Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Williams Gold Property A 1,550-hectare gold property located in the Central Newfoundland Gold Belt, surrounded by New Found Gold Corp's Queensway South Gold Property. The property has a 2.4-kilometer gold-in-soil anomaly with values up to 609 ppb Au and multiple rock samples exceeding 10 g/t Au, including a notable intercept of 24.65 meters of 2.22 g/t Au with 0.65 meters of 77.40 g/t Au.
• Hank Copper-Gold-Silver-Lead-Zinc Property A 1,700-hectare copper-gold-silver-lead-zinc property located in the Golden Triangle district of British Columbia, approximately 140 kilometres north of Stewart. The property was subject to an option agreement with Kingfisher Metals announced March 7, 2023.
• Heritage Project A 21,613-hectare low-sulphidation epithermal gold-silver project on the Burin Peninsula near Point May, Newfoundland and Labrador. The Eagle Zone extends 750m along strike with bonanza-grade mineralization up to 47 g/t Au and 10,516 g/t Ag, including intercepts of 5.13m of 4.04g/t Au and 97.40g/t Ag (385.65 g/t AgEq).
• Hickman Zone / Hickman Claims A newly discovered 4.5 kilometer long copper-in-soil anomaly on the Ball Creek Property in BC's Golden Triangle, located 6km from Teck Resources/Copper Fox Metals' Schaft Creek Cu-Mo-Au-Ag porphyry deposit, with grab samples assaying up to 5.29% Cu. Previously under option from Evrim Resources Corp. (terminated February 2021).
• Heritage and Eagles Claw Projects Projects located near the southern end of the Burin Peninsula within the Point May Epithermal System, containing 18 gold-silver prospects with epithermal-related silver and gold mineralization.
• Fortune Bay Property An exploration property located approximately 35km northeast of the Heritage and Eagles Claw projects, encompassing the highest gold-in-lake sediment result (160ppb Au) from Newfoundland's 36,768 sample lake sediment database.
• Davis Cove Project Project located near the northern end of the Burin Peninsula, covering two extremely anomalous gold-in-lake sediment results (58ppb and 32ppb).
• Long Range and Lucky Strike Properties Properties located within Newfoundland's Humber zone on the Northern Peninsula, encompassing two very large and high tenor silver anomalies including the 2nd, 3rd and 4th highest silver values in the province's lake sediment database.

Quantifiable outcome

• Eagle Zone at Heritage: 750m strike length, 50m width, 250m depth with continuous Au-Ag mineralization
• +2 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

Partnerships

Four partnerships are on record, tiered minor and core.

• Kingfisher MetalsminorStrategic or Co-development Partner · 7 March 2023Golden Ridge Resources signed an option agreement with Kingfisher Metals to option the Hank Au-Cu-Ag Project in British Columbia. This allows Kingfisher to earn an interest in the property through exploration expenditures and payments.
• Puddle Pond Resources Inc.coreStrategic or Co-development PartnerOption agreement to earn 75% interest in the Heritage Project, subject to a 1.5% NSR. Golden Ridge can earn the interest through cash payments, share issuances, and exploration expenditures over three years.
• Evrim Resources Corp.minorStrategic or Co-development PartnerOption agreement on the Ball Creek Property (later terminated in February 2021). The property was under option from Evrim Resources Corp. and included the Hickman Zone discovery.
• Williams Property VendorscoreStrategic or Co-development PartnerOption agreement to earn 100% interest in the Williams Gold Property located 30km south and on trend with New Found Gold Corp's Queensway Gold project. Terms include cash payments, share issuances, and exploration commitments over four years, subject to a 2% NSR.

Scale indicators14 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Thesis Gold: BC Golden Triangle gold-silver explorer with adjacent land holdings — directly comparable in commodity focus, geography, and pre-resource exploration stage.
• Skeena Resources: BC Golden Triangle-focused gold-silver explorer/developer — analogous operating geography and exploration-stage profile, particularly comparable to the Hank property.
• Marathon Gold Corp: Advanced Newfoundland gold developer (Valentine Lake project) — comparable as a TSX-listed pure-play gold exploration/development company operating in the same Canadian province.
• Labrador Gold Corp: Newfoundland gold explorer targeting high-grade orogenic gold systems — directly comparable in scale, stage, and jurisdiction to Golden Ridge's Williams and Heritage projects.
• New Found Gold Corp: Newfoundland-focused gold explorer whose Queensway project surrounds Golden Ridge's Williams Property — the most directly comparable peer given the shared district, geological setting, and exploration stage.
• Kingfisher Metals: BC Golden Triangle explorer that optioned Golden Ridge's Hank project — most directly comparable peer in the same district with overlapping commodity focus (Au-Cu-Ag).
• Equity Metals Corporation: BC-focused precious and base metals explorer — comparable as a small-cap TSX-V listed junior with polymetallic (Au-Ag-Cu) exploration projects in similar geological settings.

Broad incumbents

• Teck Resources: Major diversified miner with the Schaft Creek Cu-Mo-Au-Ag porphyry deposit adjacent to Golden Ridge's Hickman Zone — relevant as a regional incumbent and potential acquirer of Golden Ridge's BC assets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/golden-ridge-resources

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

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 Golden Ridge Resources