Go Metals

Name

Go Metals

Legal name

Go Metals Corp.

Website

https://gometals.ca

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Iron Ore Mining (212210)

SIC

Metal Mining (1000), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Mineral exploration
• Critical metals
• Vanadium titanium iron
• IOCG exploration
• Mining project generator

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Others

Revenue model

1. Project Option Payments: Go Metals generates revenue through option agreements where partner companies pay cash, issue shares, and fund exploration expenditures to earn interests in the company's mineral projects. Upon full earn-in, joint ventures are formed with Go Metals retaining participating interests.
2. NSR Royalties: The company retains Net Smelter Return (NSR) royalties on projects optioned to partners. For the Monster Project, Go Metals retains a 2% NSR royalty upon completion of the option agreement.
3. Equity Financings: The company raises capital through non-brokered private placements to fund exploration activities and working capital, such as the $200,000 private placement announced for exploration purposes.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Go Metals is a junior Canadian mineral exploration company that explores and develops critical metals projects, including the KM98 vanadium-titanium-iron project in Quebec, the Monster IOCG copper-cobalt project in Yukon, and the HSP and Oriole base metal projects in Quebec. The company operates as a project generator, advancing its mineral properties through option agreements with partner companies that earn interests by funding exploration expenditures, making cash payments, and issuing shares, while Go Metals retains participating interests and net smelter return royalties.

Product overview

Go Metals is a mining exploration company focused on critical metals projects. Its portfolio includes the KM98 vanadium-titanium-iron project in Québec (which achieved positive metallurgical results yielding 66% iron concentrate and up to 48.4% TiO₂ ilmenite co-product), the Monster IOCG copper-cobalt project in Yukon (now retained 100% following termination of a Flow Metals option agreement), and the HSP and Oriole base metal projects also in Québec. The company's primary focus is advancing its Quebec base metal portfolio through exploration and development.

Differentiator

Problem solved

Functional benefit

Products and services

• KM98 Vanadium-Titanium-Iron Project Vanadium-titanium-iron critical metals project located approximately 60 kilometres north of Havre-Saint-Pierre, Quebec, featuring a 5 km mineralized anomaly with oxide mineralization suitable for conventional magnetic and gravity separation methods, producing high-grade magnetite concentrates and titanium-rich ilmenite co-products. The project is optioned to Eureka Metals Corp., which can earn up to an 80% interest through staged cash payments, share issuances, and exploration expenditures.
• Monster IOCG Project Copper-cobalt exploration project located approximately 90 kilometres north of Dawson City in Yukon, Canada, covering three main targets (Bloom, Arena, and Beast) spanning approximately 14 kilometres of strike, with surface grab samples returning high-grade results including up to 22.3% Cu and 9.6% Co.
• HSP Project Part of Go Metals' Quebec base metal portfolio alongside the KM98 and Oriole projects.
• Oriole Project Part of Go Metals' Quebec base metal portfolio alongside the KM98 and HSP projects.

Quantifiable outcome

• 66% iron concentrate achieved in bench-scale metallurgical testing
• +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

Feature2 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Eureka Metals Corp.coreStrategic or Co-development Partner · 15 July 2026Go Metals entered into a definitive option agreement with Eureka Metals dated July 15, 2026, granting Eureka the right to earn up to an 80% interest in the KM98 vanadium-titanium-iron project located approximately 60 km north of Havre-Saint-Pierre, Quebec. Eureka can earn an initial 50% interest by paying $80,000, issuing 1,750,000 shares, and incurring $2.0 million in exploration expenditures over three years, with an option to earn an additional 30% by paying $100,000, issuing 2,000,000 additional shares, and spending another $2.5 million over years four and five. Upon full earn-in, a joint venture will form with Eureka at 80% and Go Metals retaining a 20% participating interest.
• Flow Metals Corp.minorStrategic or Co-development Partner · 9 February 2026Go Metals entered into an option agreement with Flow Metals Corp. dated February 9, 2026, granting Flow Metals the right to acquire a 100% interest in the Monster Yukon IOCG copper-cobalt exploration project in exchange for 6 million Flow Metals shares, $4 million in cash payments tied to milestones, and a 2% NSR royalty retained by Go Metals. This agreement was mutually terminated effective March 25, 2026.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Search Minerals Inc. Canadian critical minerals junior focused on rare earth elements in Labrador. Like Go Metals, it pursues a project-generator model with multiple early-stage assets, small headcount, and CSE/TSXV listing, with comparable capital intensity and exploration-stage economics.
• Canada Silver Cobalt Works: Junior Canadian explorer with a focus on cobalt and silver assets. Directly comparable to Go Metals' Monster IOCG copper-cobalt project given overlapping commodity exposure, similar CSE listing profile, and comparable market capitalization range.
• Noble Mineral Exploration: Ontario-based critical minerals and base metals junior exploring multiple commodities including VMS, nickel, and battery metals. Comparable in scale, multi-asset portfolio approach, and reliance on option/JV partnerships to fund exploration — directly analogous to Go Metals' project-generator model.
• Voyageur Minerals Ltd. CSE-listed Canadian junior exploration company focused on industrial and critical minerals. Similar size, listing tier, and exploration-stage economics to Go Metals, with comparable reliance on equity financings and option partnerships to advance projects.
• QC Copper and Gold: Quebec-focused junior explorer advancing copper and gold projects in similar geological settings to Go Metals' Quebec portfolio. Comparable in size, listing venue (CSE/TSXV), and stage of development, making it a directly comparable peer for evaluating project-generator economics.

Broad incumbents

• Energy Fuels Inc. NYSE- and TSX-listed critical minerals producer with uranium and rare earth processing at its White Mesa Mill. Relevant as a broader incumbent in the North American critical minerals landscape, including processing capabilities and U.S. policy alignment that benchmark downstream optionality for vanadium and titanium producers.
• Bushveld Minerals: Vertically integrated vanadium producer and battery mineral platform with South African operations. A larger incumbent in the vanadium space that establishes processing and market benchmarks relevant to KM98's vanadium co-product potential, while also competing for vanadium-focused capital flows.
• Largo Inc. One of the world's primary vanadium producers, operating the Maracás Menchen mine in Brazil. Relevant as a benchmark for vanadium commodity economics and processing flowsheets applicable to Go Metals' KM98 vanadium-titanium-iron project, even though Largo is far larger and producing.

Emerging players

• Australian Vanadium Ltd: ASX-listed developer of the Australian Vanadium Project, advancing a vanadium-titanium-magnetite resource through feasibility. A closely analogous emerging-stage developer working on similar Fe-Ti-V magmatic systems, useful for benchmarking metallurgical flowsheet decisions and project economics.
• Nouveau Monde Graphite: Quebec-based critical minerals developer advancing a graphite project to battery-grade production. Comparable as a Quebec-headquartered, public-market critical minerals developer with similar end-market exposure to lithium-ion battery and EV supply chains relevant to Go Metals' vanadium positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

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 Go Metals