Iconic Minerals
Iconic Minerals is a Vancouver-based junior mineral exploration company (TSX-V: ICM) advancing gold and lithium properties in Nevada. Its flagship New Pass Gold Property, hosting a 341,750 oz AuEq inferred resource, is operated under a 50/50 joint venture with McEwen Mining.
- Company typePublic
- Founded1979
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Iconic Minerals does
Iconic Minerals Ltd. is a Vancouver-based, publicly traded junior mineral exploration company (TSX-V: ICM, OTCQB: ICMFF, FSE: YQG) focused on acquiring and advancing gold and lithium properties in Nevada, USA. The company's flagship asset is the 2,140-hectare New Pass Gold Property in Churchill County, Nevada, situated along a prospective Carlin-type gold trend approximately 150 miles east of Reno. New Pass hosts an NI 43-101 inferred resource of 341,750 ounces of gold equivalent (15,515,488 short tons at 0.022 oz/ton AuEq, containing 282,986 oz gold and 3,139,054 oz silver) and is being advanced under a 50/50 joint venture with McEwen Mining Inc., with Iconic serving as JV operator and a 20-30 hole core drilling program underway in 2026.
Historically, the company explored the Bonnie Claire lithium project in Nye County, Nevada (3,407 million tonnes inferred at 1,013 ppm Li / 18,372 million kg LCE) under exclusive license to St-Georges Eco-Mining's proprietary extraction technology, but exited the asset in June 2023 via a court-approved arrangement that transferred its 50% interest to Nevada Lithium Resources Inc. The company retains earlier-stage lithium exposure through the Smith Creek Valley and Grass Valley properties in central Nevada and a 50% option earn-in held by Lithium of Nevada Pty Ltd at Smith Creek. A separate Midas South gold property remains in the portfolio alongside New Pass.
Iconic operates as a pre-revenue explorer with no product sales, royalties, or operating revenue. The company funds its activities through equity private placements (USD$2.55M raised October 2025; CAD$3.75M raised January 2026 with insider participation from CEO Richard Kern and CFO Richard Barnett) and joint-venture cost-sharing with McEwen Mining at New Pass. The team is small (1-10 employees), led by Certified Professional Geologist and NI 43-101 Qualified Person Richard Kern (President & CEO), Richard Barnett (CFO & Secretary), and Keturah Nathe (VP Corporate Development). Marketing and investor communications are outsourced to Overdrive Agency on a C$7,000/month retainer.
Iconic Minerals firmographics
Firmographics- Name
- Iconic Minerals
- Legal name
- Iconic Minerals Ltd.
- Website
- https://iconicminerals.com
- Company type
- Public
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Iconic Minerals is a Vancouver-based junior mineral exploration company (TSX-V: ICM) advancing gold and lithium properties in Nevada. Its flagship New Pass Gold Property, hosting a 341,750 oz AuEq inferred resource, is operated under a 50/50 joint venture with McEwen Mining.
- Ownership category
- akta.pro rank
Iconic Minerals industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Gold Ore and Silver Ore Mining (212220), Other Metal Ore Mining (21229)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
- akta.pro secondary industry
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
Keywords
Where Iconic Minerals is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Iconic Minerals business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales
Revenue model
- Mineral Resource Development: As a pre-revenue exploration-stage company, Iconic Minerals does not currently generate operating revenue. The company's value is derived from advancing mineral exploration properties toward production, with the New Pass gold property hosting a 341,750 oz AuEq inferred resource. The company has raised $3.75M through private placements to fund exploration drilling programs.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Iconic Minerals product offering
Product offeringCore offering
Iconic Minerals is a junior mining exploration company that acquires and explores gold and lithium mineral properties in Nevada, USA. The company advances its flagship New Pass gold property under a 50/50 joint venture with McEwen Mining, while maintaining additional gold (Midas South) and lithium (Smith Creek Valley, Grass Valley) exploration properties in Nevada.
Differentiator
Problem solved
Functional benefit
Products and services
- New Pass Gold Property A 2,140-hectare Carlin-type gold-silver exploration property located approximately 150 miles east of Reno in Churchill County, Nevada, hosting an inferred mineral resource of 341,750 oz AuEq (282,986 oz gold and 3,139,054 oz silver). Being advanced under a 50/50 joint venture with McEwen Mining, with Iconic serving as operator of an initial 20-30 hole drill program to test extensions of the existing mineralized zone over more than 3,000 feet of strike length.
- Midas South Gold Property A gold exploration property in Nevada, originally part of the company's gold portfolio and later spun out alongside the New Pass property into a separate entity in August 2020.
- Smith Creek Valley Lithium Property A lithium brine and sediment exploration property in central Nevada for which Iconic granted Lithium of Nevada Pty Ltd an option to earn up to 50% interest through USD $5,600,000 in cash earn-in payments, with a 50/50 joint venture to be formed upon completion.
- Grass Valley Lithium Property A lithium exploration property in central Nevada listed as part of Iconic Minerals' lithium portfolio on the company's website.
- Bonnie Claire Lithium Property A lithium brine exploration project in Nye County, Nevada, hosting a NI 43-101 inferred resource of 3,407 million tonnes grading 1,013 ppm Li (18,372 million kg LCE). Iconic's 50% interest was divested to Nevada Lithium Resources Inc. through a June 2023 plan of arrangement, with Iconic shareholders receiving shares in the resulting issuer.
Quantifiable outcome
- 341,750 oz AuEq inferred resource at New Pass with mineralization remaining open along strike and at depth
- +1 more outcomes
Companies that use Iconic Minerals
Customer profileSegments2 records
Ideal customer profiles2 records
Iconic Minerals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Iconic Minerals partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Overdrive AgencyminorIconic retained Overdrive Agency to provide creative and effective media and marketing services on a month-to-month basis for C$7,000 monthly fee. The services include customized brand awareness and media campaigns through various networks including social media for shareholder communication.
- American Drilling CorporationminorAmerican Drilling Corporation of Spokane, Washington, commenced HQ core drilling at the New Pass Gold Property. The company has been engaged to execute the exploration drilling program as the company's drilling contractor.
- McEwen Mining Inc.coreIconic Minerals entered into a formal 50/50 joint venture agreement with McEwen Mining to advance the New Pass gold property in Churchill County, Nevada. The agreement formalizes an option Iconic exercised to acquire its 50% interest, with Iconic initially serving as manager of the JV and planning an initial 20-30 hole drill program to test extensions of the Carlin-type gold deposit. The property hosts an inferred resource of approximately 341,750 ounces of gold equivalent.
- Nevada Lithium Resources Inc.coreNevada Lithium Resources Inc. acquired Iconic's 50% interest in the Bonnie Claire Lithium project through a plan of arrangement approved by Iconic shareholders. The arrangement consolidated 100% ownership of the Bonnie Claire project under Nevada Lithium, with Iconic shareholders receiving shares in the resulting issuer. Iconic's CEO Richard Kern was appointed COO of the resulting issuer.
- Lithium of Nevada Pty LtdminorIconic granted Lithium of Nevada an option to earn up to 50% interest in the Smith Creek lithium project through cash earn-in payments of USD $5,600,000. Upon completion of all payments, a joint venture would be formed with each party holding 50% interest.
Scale indicators5 records
Recent moves8 records
Expansion highlights5 records
Iconic Minerals competitors and assessment
Company assessmentDirect peers
- NuLegacy Gold Corporation: NuLegacy Gold is a junior explorer focused on Carlin-type gold deposits in Nevada's Cortez trend. Comparable in commodity focus, geological target (Carlin-type), exploration stage, and small-cap public listing profile.
- Paramount Gold Nevada Corp. Paramount is a junior Nevada-focused gold exploration and development company with advanced-stage assets in the same Basin and Range jurisdiction as Iconic's New Pass property. Highly comparable in size, stage, and gold focus.
- Cypress Development Corp. Cypress Development is a lithium-focused junior with assets in Nevada targeting similar sedimentary-hosted lithium deposits. Comparable as a TSX-V listed Nevada lithium exploration/development company with the same lithium-from-brine thesis as Iconic's prior Bonnie Claire work.
- McEwen Mining Inc. McEwen Mining is Iconic's JV partner at New Pass (50/50) and is a gold/silver producer with operations in Nevada. Directly comparable as a Nevada-focused gold operator with overlapping technical and geological expertise in the same Carlin-type trends.
- Nevada Lithium Resources Inc. Nevada Lithium holds 100% of the Bonnie Claire Lithium Project following Iconic's 2023 spin-out. Directly comparable as a junior Nevada-focused lithium explorer with the same geological thesis and management overlap (Iconic's CEO joined as COO).
- Contact Gold Corp. Contact Gold is a Nevada-focused gold exploration company with land positions in the Carlin and Cortez trends. Comparable as a junior explorer targeting Carlin-type mineralization in the same geological setting as New Pass.
Emerging players
- American Lithium Corp. American Lithium is a TSX-V/Nasdaq-listed junior developing lithium projects in Nevada and Peru. Comparable in commodity focus and listing profile, with broader asset scale and more advanced permitting than Iconic's residual lithium holdings.
Others
- St-Georges Eco-Mining Corp. St-Georges is Iconic's lithium processing technology licensor (2018 exclusive license). Comparable through shared lithium extraction technology R&D and historical collaboration, though it operates as a technology/metals processor rather than a project developer.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Iconic Minerals social profiles
Digital presenceIconic Minerals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Iconic Minerals leadership team
Management profileNumber of profiles
Profiles3 records
Iconic Minerals subsidiaries and ownership
Company hierarchySubsidiaries1 record
Iconic Minerals funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Iconic Minerals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Iconic Minerals
What does Iconic Minerals do?
Iconic Minerals is a junior mining exploration company that acquires and explores gold and lithium mineral properties in Nevada, USA. The company advances its flagship New Pass gold property under a 50/50 joint venture with McEwen Mining, while maintaining additional gold (Midas South) and lithium (Smith Creek Valley, Grass Valley) exploration properties in Nevada.
Is Iconic Minerals a public or private company?
Iconic Minerals is a public company. It is classified as public and is currently operating.
When was Iconic Minerals founded?
Iconic Minerals was founded in 1979. It employs 1 to 10 people.
Where is Iconic Minerals based?
Iconic Minerals is headquartered in Vancouver, Canada, in the North America region.
How does Iconic Minerals make money?
One revenue line is on record: mineral Resource Development.
Who are Iconic Minerals's main competitors?
Direct peers on record are NuLegacy Gold Corporation, Paramount Gold Nevada Corp., Cypress Development Corp., McEwen Mining Inc., Nevada Lithium Resources Inc. and Contact Gold Corp.. American Lithium Corp. is listed as an emerging player. St-Georges Eco-Mining Corp. is listed as an others.
Does Iconic Minerals have an API?
No public API is recorded for Iconic Minerals.
What industry is Iconic Minerals in?
Iconic Minerals's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development, with a secondary code of IMAKAFAL, Exploration & Resource Development (Critical Minerals). Its NAICS code is 212220 and its SIC code is 1040.