Lake Winn Resources

What Lake Winn Resources does

Lake Winn Resources Corp. is a Canadian junior mineral exploration company focused on the acquisition, exploration, and development of mineral properties, principally lithium and gold assets. Originally incorporated as Equitorial Exploration Corp. on September 21, 2010 and renamed to Lake Winn Resources Corp. in September 2020 alongside a 10:1 share consolidation, the company is publicly traded on the TSX Venture Exchange (TSXV: LWR), OTCQX (EQTXF), and the Frankfurt Stock Exchange (EE1A), having graduated from the NEX board to TSXV Tier 2 in May 2023. The flagship asset is the 100%-owned Little Nahanni Pegmatite Group (LNPG) lithium project in the Northwest Territories, featuring 7 km of LCT pegmatite strike at 10–500 m widths, historical drill core re-assays up to 1.47% Li2O, and an exploration target of 100 million tons of >1% Li2O. The portfolio also includes 100%-owned gold properties in the Flin Flon Gold Belt in Manitoba (Cloud, Quartz, Blueberry Lake) and a silver-antimony joint venture at Blunt Mountain in Northern British Columbia announced in July 2025.

Lake Winn does not generate operating revenue and finances exploration through non-brokered private placements of units (common shares plus warrants), government exploration grants (including CAD $402,000 from Canada's Mining Incentive Program in June 2023), and potential future asset monetization through joint ventures, property sales, or production royalties. Cumulative disclosed equity raised since the 2020 reorganization is roughly CAD $5.6 million, with headcount of 1–10 employees headquartered at Suite 1100, 1111 Melville Street, Vancouver, British Columbia. Capital deployment is concentrated in seasonal field programs managed through third-party contractors rather than in permanent production infrastructure, and the company has announced plans to spin out its Manitoba gold assets into Gold Winn Resources Corp. to separate gold from the lithium-focused parent.

The company's technical approach relies on a stack of third-party exploration technologies: DIAS Geophysical's SQUID magnetometer system (superconducting quantum interference device sensors operating in liquid helium, providing an order of magnitude higher sensitivity than total field sensors for LCT pegmatite mapping); GeologicAI's drill core scanner combining optical, infrared, and XRF modalities with AI-driven automatic logging and spodumene detection; Auracle Geospatial's satellite radar and thermal 3D structural analysis; and Archer Cathro & Associates for program management and First Nations permissions at Little Nahanni. Leadership includes CEO Patrick Power (30+ years in capital markets, having raised over $250 million in natural resources) and Director Buddy Doyle (40-year geologist, former Rio Tinto/Kennecott Exploration Manager who led the 1994–95 Diavik diamond discovery and received the 2007 Hugo Dummitt Award, plus founder of Amarillo Gold, sold to Hochschild for $180 million in 2022).

Name

Lake Winn Resources

Legal name

Lake Winn Resources Corp.

Website

https://lakewinn.ca

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Lake Winn Resources Corp. is a Canadian junior mineral exploration company focused on lithium and gold, anchored by the 100%-owned Little Nahanni Pegmatite Group lithium project in the Northwest Territories, with gold assets in Manitoba and a silver-antimony joint venture in British Columbia. The company is pre-revenue, publicly listed on the TSX Venture Exchange (LWR), and financed through equity placements.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Support Activities for Metal Mining (213114), Geophysical Surveying and Mapping Services (541360)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

akta.pro secondary industry

Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)

Keywords

• Mineral exploration
• Lithium exploration
• Gold exploration
• Critical minerals
• Junior 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, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Exploration Stage - No Current Revenue: Lake Winn Resources is a pre-revenue junior mining exploration company. The company does not generate operating revenue and finances activities through equity financings, private placements, and potential future asset monetization through joint ventures, property sales, or production royalty arrangements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Lake Winn Resources Corp. is a junior mineral exploration company engaged in the acquisition, exploration, and development of mineral properties, with a primary focus on the 100% owned Little Nahanni Pegmatite Group (LNPG) lithium project in Northwest Territories, Canada. The company also holds gold exploration projects (Cloud, Quartz, Blueberry Lake) in the Flin Flon gold belt of Manitoba and a silver-antimony joint venture at Blunt Mountain in British Columbia. As a pre-revenue exploration-stage issuer, the company finances activities through equity financings and government grants with plans for future monetization via joint ventures, property sales, or production royalties.

Product overview

Lake Winn Resources Corp. is a mineral exploration company focused on advancing a portfolio of 100% owned exploration projects in Canada. The company's primary focus is the Little Nahanni Pegmatite Group (LNPG) lithium project in Northwest Territories, complemented by gold exploration assets in Manitoba including the Cloud Project, Quartz Project, and Blueberry Lake Property. The company also holds a silver-antimony joint venture at Blunt Mountain in British Columbia. The company transitioned from NEX to Tier 2 of the TSX Venture Exchange in 2023 and trades under symbols LWR (TSXV), OTCQX: EQTXF, and FSE: EE1A.

Differentiator

Problem solved

Functional benefit

Products and services

• Little Nahanni Pegmatite Group (LNPG) 100% owned lithium exploration project located in Northwest Territories, Canada, adjacent to the Yukon border. Features LCT (lithium-cesium-tantalum) pegmatite dykes extending over 13 km of strike length with widths up to 500m. The company is exploring for 100 million tons of >1% Li2O.
• Cloud Project 100% owned gold exploration project in the Flin Flon Gold Belt, Manitoba, approximately 40 km northeast of Flin Flon. Drill-ready prospect with the Bachnick Gold Zone hosting high-grade gold intercepts (0.69m @ 26.54 g/t Au, 2m @ 13.75 g/t Au).
• Quartz Project 100% owned gold exploration project in the Flin Flon Gold Belt near Reed Lake, approximately 78 km east of Flin Flon, Manitoba. Contains historic high-grade gold drill intercepts (1.28m @ 19.9 g/t Au; 5.8m @ 12.8 g/t Au) along a 1.45 km conductive horizon.
• Blueberry Lake Property 100% owned gold exploration property acquired near Blueberry Lake, Manitoba, with proximity to the Flin Flon mining district.
• Blunt Mountain Property Silver-antimony joint venture project in Northern British Columbia near Smithers, with assays up to 923 g/t Ag, 4% Sb, 2.7 g/t Au, and 8% Pb.

Quantifiable outcome

• Historical drill intercept: 1.28m @ 19.9 g/t Au (Quartz project)
• +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

Feature4 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Jaxon Mining Inc.minorStrategic or Co-development Partner · 18 August 2025Lake Winn announced binding letter of intent with Jaxon Mining Inc., with extension announced August 18, 2025. Details of the proposed transaction pending.
• AGORACOMminorGTM or Marketing Partner · 8 August 2024Lake Winn entered into an advertising agreement with AGORA Internet Relations Corp. to provide digital marketing and investor awareness services.
• Vorticom, Inc.minorGTM or Marketing Partner · 30 June 2023Corporate Advisory and Media Communications Agreement with Vorticom, Inc.
• First Phase Media Inc.minorGTM or Marketing Partner · 4 June 2023Digital Marketing Services Agreement with First Phase Media Inc. for investor marketing activities.
• Archer Cathro & Associates (1981) LimitedcoreStrategic or Co-development Partner · 3 January 2023Archer Cathro manages the exploration program at Little Nahanni. Company has unparalleled experience in Canadian North. Responsible for permitting, First Nation permissions, and program management for summer drill programs.
• DIAS GeophysicalcoreTechnology or Integration · 3 January 2023Provider of QMAGT system using SQUID (superconducting quantum interference device) magnetometer sensors for ultra-sensitive magnetic surveys at LNPG property. Sensors developed by Supracon AG of Jena, Germany.
• GeologicAIcoreTechnology or Integration · 3 January 2023GeologicAI provides state-of-the-art drill core scanning technology utilizing optical, infrared and XRF (X-ray fluorescence) for detailed core mapping. Data used to train AI for automatic logging and detection of lithium-bearing spodumene.
• Auracle Geospatial Science, Inc.coreTechnology or Integration · 3 January 2023Commissioned to conduct 3D structural analysis of the LNPG property using satellite radar and thermal data with proprietary methods that remove noise and distortion to produce actual 3D underground structural information.
• Stratus Aeronautics Inc.coreTechnology or Integration · 3 December 2020Conducted drone-based airborne magnetic survey at the Cloud Project in Flin Flon gold belt, Manitoba. Survey flown at 50m line spacings on north-south grid to assist in understanding geology.
• Rodren Drilling LtdcoreTechnology or Integration · 1 December 2020Awarded drilling contract for Cloud project in Flin Flon gold belt, Manitoba. Rig mobilized December 7th for 1500m drill program with provision to expand to 3000m.
• W.S. Ferreira Ltd.coreStrategic or Co-development Partner · 16 September 2020Lake Winn acquired Cloud Project in Manitoba from W.S. Ferreira Ltd. through purchase agreement involving 2,000,000 shares, $265,000 cash, and 2% NSM royalty (1% purchasable for $1M). Also acquired Blueberry Lake and Quartz properties through similar arrangements.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Q2 Metals Corp. TSXV-listed junior focused on lithium pegmatite exploration in Canada (e.g., Mia project). Same commodity, similar stage, similar capital-raise pattern and end-market (LCT pegmatites).
• Vision Lithium Inc. Canadian junior lithium explorer with Quebec-dominant portfolio. Comparable size, stage, and product focus (hard-rock spodumene pegmatites) as Lake Winn.
• Power Metals Corp. TSXV-listed junior exploring for lithium, cesium, and tantalum in Ontario. Same LCT pegmatite target type and similar pre-resource exploration profile as Lake Winn's LNPG.
• Patriot Battery Metals: Canadian TSX-listed lithium-focused junior explorer (Corvette/Felix project in Quebec). Closest direct peer in business model, commodity focus, and exploration stage, though materially larger market cap and treasury.
• Brunswick Exploration: TSXV-listed Canadian lithium explorer targeting LCT pegmatites across multiple jurisdictions. Direct competitor for exploration capital and project-level comparability in the same critical minerals subsector.

Broad incumbents

• Standard Lithium Ltd. TSX-listed lithium developer (DLE technology, Smackover projects). Larger and more advanced player in the lithium space; relevant as a benchmark for lithium project development pathways but operates in brine/DLE rather than hard-rock pegmatites.
• Lithium Americas Corp. TSX/NYSE-listed lithium developer (Thacker Pass, Cauchari-Olaroz). Major incumbent relevant for lithium commodity exposure benchmarking, though Lake Winn is far earlier-stage and hard-rock focused.

Emerging players

• Critical Resources Ltd. ASX-listed junior with lithium (and other critical minerals) exposure. Similar stage and risk profile to Lake Winn, though operating in a different geography (Australia).
• iMetal Resources Inc. TSXV-listed junior explorer led by Lake Winn board member Saf Dhillon. Comparable size and stage; covers gold and base/battery metals, providing a partial overlap with Lake Winn's diversified portfolio.
• Torrent Gold Inc. CSE-listed junior gold explorer where Lake Winn director Saf Dhillon is a founding director. Comparable size, stage, and Canadian gold exploration profile, especially relevant to the planned Gold Winn spin-out.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/LakeWinn
• Facebookfacebook.com/100063862398407
• LinkedInlinkedin.com/company/lake-winn-resources

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Lake Winn Resources