JZR Gold

What JZR Gold does

JZR Gold Inc. is a junior mining resource company listed on the TSX Venture Exchange (ticker JZR.V) focused on the exploration and development of mineral properties, with its flagship asset being the Vila Nova Gold Project located in Amapá State, Brazil. Originally operating as Jazz Resources Inc. (founded 2015), the company rebranded in October 2022 and is headquartered in Surrey, British Columbia, Canada. The core operational asset is an 800 tonne per day gravimetric (gravity-based) mill designed, manufactured, and assembled by Brastorno Tecnologia em Equipamentos Para Mineracao. The mill processes historic gold tailings and bedrock to extract gold concentrate using gravity-based separation methods. The project targets an estimated 9 million tonnes of identified tailings at average grades of 2.7 g/t, projected to contain over 700,000 ounces of gold. All necessary Brazilian permits are in place for bulk sampling up to 600,000 tonnes per year, and the company reports US$7.2 million of US$7.5 million in total project CAPEX already advanced.

JZR Gold holds a 50% Net Profit Interest in the Vila Nova Gold Project pursuant to a Joint Venture Royalty Agreement with ECO Mining Oil & Gaz Drilling and Exploration (EIRELI). The remaining 35% of net gold revenues flow to ECO Mining and 15% to a local cooperative (Cooperativa do Garimpeiros do Vale da Vila Nova). Production cost is disclosed at approximately US$500 per ounce. The company assumed direct operatorship of the project from ECO Mining in May 2026, having previously operated as a royalty/financing partner. The company also holds the Spider Mine, a gold and silver exploration target in British Columbia, Canada, which is secondary to the Brazil operations.

Revenue is not yet generated on a recurring basis, with first gold concentrate produced in October 2025 and significant revenue expected beginning Q3 2026 once bulk sampling achieves commercial production at full plant capacity. The company's near-term growth is therefore tied to a single project milestone — operational ramp-up at Vila Nova. Capital is raised through non-brokered private placements of units (common shares plus warrants) and convertible debentures, with multiple rounds completed between 2020 and 2026. Leadership consists of CEO Robert Klenk (with the company since 2015, CEO since April 2017), COO Graham Carter (appointed December 2023), CFO Darren Battersby, and Directors Ron Tewitz and Kirk Fisher. The company's investor base targets investors interested in junior mining resource companies with exposure to near-term gold production.

Name

JZR Gold

Legal name

JZR Gold Inc.

Website

https://jzrgold.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

JZR Gold Inc. is a junior mining company (TSXV: JZR.V) developing the Vila Nova Gold Project in Amapá State, Brazil, where an 800 tonne-per-day gravimetric mill processes historic gold tailings. The company holds a 50% Net Profit Interest and targets commercial production in Q3 2026.

Ownership category

akta.pro rank

Product category

Gold Mining

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro industry

PRIMARYIMAKAEAA

Gold Mining

Industrials, Manufacturing & Construction/Metals & Mining/Precious Metals Mining & Refining (Gold, Silver, Platinum Group)

Keywords

• Gold mining operations
• Mineral exploration services
• Gold tailings processing
• Resource extraction
• Mining project development

Headquarters

HQ city

Surrey

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Gold Production and Sales: Revenue generated from processing gold tailings and bedrock at the Vila Nova Gold Project. Net gold revenues split: 50% JZR Gold; 35% ECO Mining; 15% local CO-OP. Cost per ounce approximately US$500. Significant revenue expected beginning Q3 2026.
2. 50% Net Profit Interest: JZR Gold holds 50% net profit interest from all net profit generated from the Vila Nova Gold Project pursuant to the Joint Venture Royalty Agreement with ECO Mining. Capital payments of US$6,000,000 advanced to ECO are repaid from proceeds before profit distribution.
3. Capital Raisings (Pre-Revenue Financing): Company raises funds through non-brokered private placements of units (common shares + warrants), convertible debentures, and common share offerings. Multiple financings completed 2020-2026 ranging from $600,000 to $2,500,000 per offering.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

JZR Gold Inc. is a junior mining resource company that explores and develops mineral properties, with its flagship Vila Nova Gold Project in Amapá State, Brazil. The company operates an 800 tonne per day gravimetric mill that processes historic gold tailings and bedrock to extract gold concentrate, targeting production of over 700,000 ounces of contained gold from an estimated 9 million tonnes of tailings grading 2.7 g/t. JZR holds a 50% net profit interest in the project and assumes direct operatorship through a joint venture with ECO Mining.

Product overview

JZR Gold Inc. is a junior mining resource company operating a single-product-focused business centered on its flagship Vila Nova Gold Project in Brazil. The company's primary offering is a fully permitted 800 tonne per day gravimetric mill that processes gold tailings to extract gold concentrate. The mill, manufactured by Brastorno and assembled by operating partner ECO Mining, represents the core operational asset, with production revenue expected to begin in Q3 2026. The company also holds exploration interests in the Spider mine in British Columbia, Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Vila Nova Gold Project Flagship gold property in Amapá State, Brazil featuring a fully permitted gold processing facility with an 800 tonne per day gravimetric mill. The project processes gold tailings containing an estimated 9 million tonnes with grades averaging 2.7 g/t for projected contained gold content of over 700,000 ounces.
• Spider Mine Gold and silver exploration target located in British Columbia, Canada, held by JZR Gold Inc. as part of its mineral property portfolio.
• 800 Tonne Per Day Gravimetric Mill Bulk sampling gravimetric mill located at the Vila Nova Gold Project, manufactured by Brastorno Tecnologia em Equipamentos Para Mineracao, capable of processing 800 tonnes of tailings and bedrock per day. The mill has received all necessary permits and environmental approvals from Brazilian regulatory authorities.

Quantifiable outcome

• 9 million tonnes of gold tailings at 2.7 g/t grade = over 700,000 ounces projected contained gold
• +3 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.

• ECO Mining Oil & Gaz Drilling and Exploration Ltda.coreStrategic or Co-development Partner · 28 May 2026ECO Mining is the operating partner and joint venture counterparty for the Vila Nova Gold Project. In May 2026, JZR Gold assumed direct operatorship from ECO while ECO continues as a partner. ECO designed and assembled the 800 tonne per day gravimetric mill. JZR holds 50% net profit interest in the project, with ECO entitled to 85% of total sale value of gold from tailings per an agreement with the local cooperative.
• Brastorno Tecnologia em Equipamentos Para MineracaocoreTechnology or Integration · 21 May 2021Brastorno is a Brazilian manufacturer of mineral exploration and mining equipment that designed, manufactured, and assembled the 800 tonne per day bulk sampling gravimetric mill at the Vila Nova Gold Project. The assembly was conducted under Brastorno's supervision.
• Cooperativa do Garimpeiros do Vale da Vila NovaminorOthersLocal cooperative representing artisanal miners at the Vila Nova project. Per an agreement between ECO and the cooperative dated January 12, 2020, ECO is entitled to 85% of total sale value of all gold derived from tailings, dams, pond basin, and waste reservoir. The local CO-OP receives 15% of net gold revenues.

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• GoldMining Inc. TSX-listed gold project acquirer and developer with a portfolio that includes Brazilian gold assets (e.g., Sao Jorge, Cachoeira). Comparable to JZR as a junior gold developer building a portfolio of Latin American gold projects.
• Cabral Gold: TSX-V-listed junior gold explorer advancing the Cuiú Cuiú project in Brazil. Comparable to JZR as a small junior gold developer focused exclusively on a Brazilian gold asset pre-commercial production.
• Jaguar Mining: TSX-listed junior/intermediate gold producer operating multiple underground mines in Brazil (Minas Gerais). Comparable to JZR as a small-cap gold miner with Brazilian operating exposure, though Jaguar is further along the development curve with producing assets.
• Cerrado Gold: TSX-V-listed gold producer/developer with operations in Brazil and Argentina. Comparable to JZR as a junior gold company focused on South American assets targeting near-term production growth.
• Altamira Gold: Junior gold explorer/developer focused on projects in Brazil. Comparable to JZR as a small-cap gold company with primary assets in Brazil targeting near-term resource and production milestones.

Broad incumbents

• Alamos Gold: TSX/NYSE-listed intermediate gold producer with a portfolio of producing mines in North America. Comparable to JZR as a gold producer, though at significantly larger scale and with diversified assets.
• Equinox Gold: TSX/NYSE-listed mid-tier gold producer with multiple producing mines including the Aurizona and Fazenda mines in Brazil. Comparable to JZR as a gold producer with Brazilian operations, though materially larger and more diversified.

Others

• New Gold: TSX/NYSE-listed intermediate gold producer with operating mines in Canada and Chile. Relevant thematic comparison to JZR as a publicly listed gold producer in the Americas, though at materially larger scale and broader portfolio.

Emerging players

• Treasury Metals: TSX-listed gold developer advancing the Goliath Gold Complex in Ontario toward production. Comparable to JZR as a small-cap pre-production gold developer navigating the construction-to-production transition.
• Goldsource Mines: TSX-V-listed junior gold developer focused on the Eagle Mountain saprolite/gold project in Guyana. Comparable to JZR as a small-cap junior developer advancing a single gold asset toward near-term production.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/JZRGold
• Facebookfacebook.com/JZRGold
• LinkedInlinkedin.com/company/jzr-gold

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 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 JZR Gold