Gold Runner Exploration

What Gold Runner Exploration does

Gold Runner Exploration Inc. is a publicly traded (CSE: GRUN; Frankfurt: CE70) pre-revenue mineral exploration company focused on gold and silver properties in two geopolitically stable North American jurisdictions: northwestern British Columbia and Nevada. The company's property portfolio comprises five distinct assets: the Golden Girl Property (8,471 hectares in BC's Golden Triangle, optioned from the B-ALL Syndicate in January 2026) and the wholly owned Tuscarora Complex in Nevada totaling 239 claims across Rock Creek (74 claims, flagship Carlin-type gold target), Dry Creek (43 claims), and Falcon (124 claims, epithermal silver-gold). The company also retains a 10% carried interest in the Cimarron Gold Project in Nevada's San Antonio Mountains. Exploration technology relies on conventional mineral exploration techniques including surface grab sampling, geological mapping, HSAMT geophysical surveys, LiDAR/photogrammetry, and airborne magnetic and radiometric surveys, with no disclosed AI or advanced computational capabilities.

The business model is capital-raising rather than revenue generation. The company funds exploration exclusively through non-brokered private placement financings, issuing units comprising common shares and warrants at escalating price points ($0.20 in November 2025, $0.97 in February 2026, and $1.45 for flow-through units in April 2026), accumulating $8.47M raised since November 2025. Distribution is via the Canadian Securities Exchange (ticker GRUN) with a market-making arrangement through Independent Trading Group, and institutional placement through syndicates including Canaccord Genuity, Ventum Financial, Leede Financial, Haywood Securities, and Research Capital. The company's "customers" are institutional and retail investors seeking exposure to early-stage precious metals discovery in tier-1 districts proximal to world-class deposits (Snip Mine, Galore Creek, Midas, Jerritt Canyon, Goldstrike).

Recent strategic activity has been concentrated in 2026, including the Golden Girl option acquisition, three sequential financing rounds, the appointment of a permanent CFO (Robert Suttie) effective April 2026, and mobilization of a multi-vendor 2026 exploration program at Golden Girl. The company is led by CEO Chris Wensley (45+ years business experience) with technical depth from consultants with prior tenure at Barrick Gold, Newmont, and Kinross.

Name

Gold Runner Exploration

Legal name

Gold Runner Exploration Inc.

Website

https://goldrunnerexploration.com

Company type

Public

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Gold Runner Exploration is a publicly traded (CSE: GRUN) pre-revenue junior mineral explorer focused on gold and silver properties in British Columbia's Golden Triangle and Nevada's Tuscarora Complex, funding exploration through non-brokered private placement financings targeting institutional and retail investors.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222), Metal Ore Mining (2122)

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), Silver Mining (IMAKAEAB)

Keywords

• Mineral exploration
• Gold exploration
• Silver exploration
• Precious metals mining
• Mining properties

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Equity Financing / Capital Raising: Pre-revenue exploration-stage company that raises equity capital through non-brokered private placement financings. Issues units comprising common shares and warrants to institutional and retail investors. Net proceeds fund exploration activities, asset development, and working capital.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Gold Runner Exploration Inc. is a pre-revenue mineral exploration company focused on acquiring, exploring, and developing gold and silver properties in northwestern British Columbia and Nevada. The company's portfolio comprises the optioned Golden Girl Property (8,471 hectares) in BC's Golden Triangle and the wholly-owned Tuscarora Complex in Nevada (Rock Creek, Dry Creek, Falcon), totaling 239 claims, with activities including surface sampling, geological mapping, geophysical surveys (HSAMT, LiDAR, airborne magnetics), and drill targeting.

Product overview

Gold Runner Exploration is a mineral exploration company with a portfolio of gold and silver properties in British Columbia and Nevada. The company holds an option to acquire the Golden Girl Property (8,471 hectares) in BC's Golden Triangle, and wholly owns the Tuscarora Complex comprising Rock Creek (74 claims), Dry Creek (43 claims), and Falcon (124 claims) for a total of 239 claims in Nevada. The company also retains a 10% carried interest in the Cimarron project in Nevada. These properties target Carlin-type and epithermal gold-silver mineralization in proximity to world-class deposits.

Differentiator

Problem solved

Functional benefit

Products and services

• Golden Girl Property Mineral exploration property covering 8,471 hectares in the Iskut River region of Northwestern British Columbia's Golden Triangle, optioned from the B-ALL Syndicate. Features a previously identified gold-silver system measuring 12 km by 7 km with grab samples assaying up to 11.28 g/t Au and 3,262 g/t Ag, situated approximately 17 km from the Snip Mine.
• Rock Creek Project Flagship gold prospect consisting of 74 unpatented lode mining claims located in the Tuscarora Mountains of north-central Nevada, approximately 12 miles northwest of Tuscarora. Targets Carlin-type gold mineralization with surface samples exceeding 30 g/t Ag and 0.5 g/t Au, and HSAMT geophysical surveys supporting drill targeting.
• Falcon Property Silver-gold prospect with 124 unpatented lode claims located in Elko County, Nevada, featuring historic production from epithermal veins with assays up to 100 opt Ag and recent samples up to 720 g/t Ag. The property is being acquired under an option agreement with the Falcon Mine Group.
• Dry Creek Project Gold exploration prospect with 43 unpatented lode claims in the Tuscarora Mountains, Nevada, in close proximity to Rock Creek and Falcon properties, targeting similar mineralization and likely the same underlying hydrothermal system.
• Cimarron Project (10% carried interest) Non-operated gold exploration project in the San Antonio Mountains of Nye County, Nevada, where Gold Runner retains a 10% carried interest. Comprises 31 unpatented lode claims including 6 historically producing claims associated with the San Antonio mine.

Quantifiable outcome

• Raised $8.47 million since November 2025, fully funding 2026 exploration program
• +3 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

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• B-ALL Syndicate Ltd.coreStrategic or Co-development Partner · 23 January 2026Gold Runner entered an option agreement with B-ALL Syndicate to acquire 100% interest in the Golden Girl Property in British Columbia's Golden Triangle. The B-ALL Syndicate is the same team that generated Goliath Resources' Surebet Discovery and Juggernaut Exploration's Big One discovery. Terms include $250,000 initial payment, 1,830,000 shares plus 1,830,000 warrants, and $3.5 million in exploration expenditures over 4 years. The 2026 exploration program is fully funded.
• Surface Metals Inc.minorStrategic or Co-development Partner · 10 April 2025Gold Runner retains a 10% carried interest in the Cimarron Gold Project in Nevada's San Antonio Mountains following sale of 90% interest to Surface Metals (formerly ACME Lithium Inc.). Total consideration received was US$149,000 plus 1,000,000 pre-consolidated common shares. Surface Metals may acquire an additional 5% interest for US$500,000. Cimarron project includes 31 unpatented lode claims around the historic San Antonio mine.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Skeena Resources: Skeena Resources is a Golden Triangle-focused gold developer (Eskay Creek, Snip). Highly relevant regional peer given Golden Girl's proximity to Snip Mine, though Skeena is further advanced with a PEA/feasibility stage asset.

Direct peers

• Goliath Resources: Goliath Resources is a Golden Triangle (BC) gold-silver explorer whose Surebet discovery was generated by the same B-ALL Syndicate now partnered with Gold Runner. Highly comparable as a small-cap exploration-stage peer in the same district with the same prospecting team pedigree.
• Juggernaut Exploration: Juggernaut Exploration holds the Big One discovery optioned from B-ALL Syndicate in the Golden Triangle. Direct peer given shared team pedigree and identical geological thesis around BC precious metals exploration.
• Viscount Mining: Viscount Mining is a Nevada-focused gold/silver explorer (Cherry Creek project partnered with Centerra Gold). Direct peer through director Jim MacKenzie, who is CEO of Viscount and serves on Gold Runner's board, plus similar small-cap Nevada gold profile.
• Discovery Harbour Resources: Discovery Harbour Resources is a Nevada-focused gold explorer; Alan Morris (Gold Runner's Qualified Person/advisor) previously worked at Discovery Harbour. Small-cap comparable with similar geological targets in the western US.
• InZinc Mining: InZinc Mining is a junior exploration-stage mining company with prior involvement from Alan Morris (Gold Runner advisor). Comparable as a small-cap junior explorer with multi-asset exposure and similar capital-raising profile.
• St Georges Eco Mining: St Georges Eco Mining is a CSE-listed mining exploration company with board overlap (Wei-Tek Tsai serves on both boards). Comparable as a small-cap, exploration-stage Canadian-listed mining peer.

Broad incumbents

• McEwen Mining: McEwen Mining is a mid-tier gold/silver producer with Nevada and Alaska operations; Alan Morris previously worked at McEwen. Larger incumbent that provides a comparable geological lens on the Tuscarora/Carlin-style targets Gold Runner is pursuing.
• Newmont Corporation: Newmont is the world's largest gold miner and a major operator on the Carlin Trend (Goldstrike, Betze-Post, Meikle). Broad incumbent that defines the geological model Gold Runner's Rock Creek is targeting and the M&A ceiling for any discovery.
• Barrick Gold: Barrick Gold operates multiple Nevada mines (including Goldstrike/Carlin) and has employed both Gold Runner advisors (Morris, Mach). Major incumbent that shapes the geological thesis on Carlin-type targets and represents the strategic-acquirer endpoint.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/crestviewexp
• Facebookfacebook.com/goldrunnerexploration
• LinkedInlinkedin.com/company/gold-runner-exploration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds4 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 Gold Runner Exploration