Canadian Goldfields Discovery
Canadian Goldfields Discovery Corp. is a publicly listed (TSXV:CGM; OTCQB:CGMXF) pre-revenue mineral exploration company advancing two Ontario gold projects: the flagship 6,366-hectare Miminiska BIF-hosted project and the 7,029-hectare Swayze Central project, funded by equity capital markets.
- Company typePublic
- Founded2025
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Canadian Goldfields Discovery does
Canadian Goldfields Discovery Corp. is a publicly listed Canadian mineral exploration company (TSXV:CGM; OTCQB:CGMXF) headquartered in Vancouver, British Columbia. The company, formerly known as European Electric Metals Inc., was repositioned as a gold-focused issuer in December 2025 and completed acquisitions of the Miminiska Gold Property from Storm Exploration Inc. (closed February 2026 for CA$5.8125 million) and the Newton Gold Property from Newton Gold Corp. (amalgamation announced April 2026 via share exchange). It operates two exploration assets in Ontario: the flagship high-grade Miminiska Gold Project in northwestern Ontario covering approximately 6,366 hectares along a 14+ km iron-formation trend, and the Swayze Central Gold Project (formerly Newton) covering approximately 7,029 hectares in the Swayze Greenstone Belt near Timmins.
The company's core technology is conventional mineral exploration applied to banded iron formation (BIF) hosted gold systems, including soil geochemical surveys, aeromagnetic and electromagnetic surveys, and diamond drilling. Active programs include a 6,000-sample soil survey at Swayze Central and an inaugural 1,500m drill program commencing July 21, 2026, with a planned up to 10,000m program at Miminiska in H2 2026. Historical drilling across Miminiska totals approximately 28,265 metres (237 holes) with intercepts including 7.76 g/t Au over 15.42m and 20.84m at 5.75 g/t Au. The company is pre-revenue and funds exploration through equity financings; its sole revenue model is eventual monetization of mineral assets via sale, joint venture, or production. It has raised approximately CA$7.575 million via private placement to date and distributes securities through TSXV and OTCQB listings to institutional and retail investors seeking gold exploration exposure in a tier-one Canadian jurisdiction.
Canadian Goldfields Discovery firmographics
Firmographics- Name
- Canadian Goldfields Discovery
- Legal name
- Canadian Goldfields Discovery Corp.
- Website
- https://canadiangoldfields.com
- Company type
- Public
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Canadian Goldfields Discovery Corp. is a publicly listed (TSXV:CGM; OTCQB:CGMXF) pre-revenue mineral exploration company advancing two Ontario gold projects: the flagship 6,366-hectare Miminiska BIF-hosted project and the 7,029-hectare Swayze Central project, funded by equity capital markets.
- Ownership category
- akta.pro rank
Canadian Goldfields Discovery industry classification
Industry- Product category
- Gold Mineral Exploration
- NAICS
- Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
- akta.pro secondary industry
- Gold Mining (IMAKAEAA)
Keywords
Where Canadian Goldfields Discovery is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Canadian Goldfields Discovery business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Mineral Exploration: Pre-revenue exploration stage company. Revenue will be generated through sale of mineral assets, joint ventures, or eventual production if commercial deposits are discovered. Currently conducting exploration programs funded by equity financings and private placements.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Canadian Goldfields Discovery product offering
Product offeringCore offering
Canadian Goldfields Discovery is a Canadian mineral exploration company advancing two high-potential gold projects in Ontario, Canada: the flagship high-grade, district-scale Miminiska Gold Project in northwestern Ontario and the road-accessible Swayze Central Gold Project in the prolific Abitibi Greenstone Belt near Timmins. The company uses soil geochemistry, aeromagnetic and electromagnetic surveys, and diamond drilling to explore banded iron formation (BIF) hosted gold systems.
Product overview
Canadian Goldfields Discovery Corp. is a Canadian mineral exploration company operating two gold projects in Ontario: the flagship high-grade, district-scale Miminiska Gold Project in northwestern Ontario and the Swayze Central Gold Project in the prolific Abitibi Greenstone Belt near Timmins. The company is led by a lean, execution-focused leadership team committed to disciplined exploration, systematic discovery and long-term value creation through the advancement of high-quality gold assets in tier-one mining jurisdictions.
Differentiator
Problem solved
Functional benefit
Products and services
- Miminiska Gold Project High-grade, district-scale gold project located in northwestern Ontario covering approximately 6,366 hectares across an interpreted 14+ km iron-formation trend with multiple high-grade gold intercepts drilled across the Miminiska and Frond zones, supported by approximately 28,000 metres of historical drilling.
- Swayze Central Gold Project Road-accessible gold project located in the Swayze Greenstone Belt near Timmins, Ontario, covering approximately 7,029 hectares with historical drilling results including 35m at 4.05 g/t Au, currently advanced via soil geochemistry surveys and a 1,500 metre inaugural diamond drill program.
Quantifiable outcome
- Historical drill intercept of 7.76 g/t Au over 15.42 metres including within 35.0m at 4.05 g/t Au
- +2 more outcomes
Companies that use Canadian Goldfields Discovery
Customer profileSegments2 records
Ideal customer profiles2 records
Canadian Goldfields Discovery technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Canadian Goldfields Discovery partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Gateway Drilling Ltd.coreContracted drilling company executing the 1,500m diamond drill program at Swayze Central Gold Project commencing July 21, 2026.
- Eabametoong First NationcoreExploration agreement holder for Miminiska Gold Property located within EFN territory. Company issues shares and makes cash contributions to community fund (6% of exploration expenditures in cash, 2% in shares). Issued 115,393 shares worth $50,000 on May 16, 2026.
- Conrad OrzelminorInvestor relations consultant engaged for six months at $3,000 per month plus 50,000 stock options. Provides inbound and outbound communications management, non-deal road show management, and investor meeting management services.
- Storm Exploration Inc.coreSold the Miminiska Gold Property to Canadian Goldfields for total consideration of $5,812,500 consisting of cash payments ($3,525,000) and 7.5 million CGDC shares. Storm retains three district-scale exploration projects in northwestern Ontario.
- Landore Resources Canada Inc.coreHolder of 2% net smelter royalty on Miminiska Gold Property, of which 50% may be repurchased with a one-time payment of C$1,000,000. Also holds historical royalty of 2% of net value of metals on certain mineral claims.
Scale indicators12 records
Recent moves7 records
Expansion highlights5 records
Canadian Goldfields Discovery competitors and assessment
Company assessmentRegional players
- Generation Mining Limited: Canadian developer advancing the Marathon copper-palladium project in Ontario; comparable as an Ontario-focused junior mining company operating in a tier-one Canadian jurisdiction, though commodity focus differs.
Direct peers
- Maple Gold Mines Ltd. Canadian gold exploration junior with district-scale properties in Quebec's Abitibi region; comparable in size, jurisdiction focus, and pre-revenue exploration profile.
- Moneta Gold Inc. Canadian gold exploration junior advancing the Tower Gold project in Ontario's Timmins region; directly comparable in scale, jurisdiction, and pre-revenue exploration stage with multi-million ounce resource ambitions.
- New Found Gold Corp. Canadian gold exploration junior targeting high-grade systems with district-scale potential in a tier-one Canadian jurisdiction (Newfoundland); comparable market cap, exploration stage, and growth-via-drilling thesis.
- Troilus Gold Corp. Canadian gold and copper junior advancing the Troilus project in Quebec with a defined resource; comparable as a North American pre-production gold developer pursuing similar re-rating trajectories.
- Probe Metals Inc. Canadian gold explorer advancing the Val-d'Or district-scale project in Quebec with multiple deposits and an existing resource; comparable as a Canadian-focused gold junior with both exploration and resource-stage assets.
- Storm Exploration Inc. Ontario-focused gold and base metals explorer that sold the Miminiska Gold Property to Canadian Goldfields; operates other district-scale exploration projects in northwestern Ontario with a comparable pre-resource junior exploration model.
Others
- Laramide Resources Ltd. Canadian uranium-focused exploration and development company chaired by Canadian Goldfields' CEO John Booth; comparable as a North American junior resource company with shared leadership and capital markets strategy, though commodity differs.
Broad incumbents
- IAMGOLD Corporation: Mid-tier gold producer with established operations in Ontario (Côté Lake) and West Africa; comparable as a major gold miner active in the same northwestern Ontario region that hosts Canadian Goldfields' projects.
- Agnico Eagle Mines Limited: Largest gold producer in Canada with multiple producing mines in Ontario (Detour Lake, Macassa); comparable as the dominant incumbent in the Ontario goldbelt that defines the addressable M&A and competitive landscape.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Canadian Goldfields Discovery social profiles
Digital presenceCanadian Goldfields Discovery financial estimates
Financial estimateRevenue estimate
Valuation estimate
Canadian Goldfields Discovery leadership team
Management profileNumber of profiles
Profiles9 records
Canadian Goldfields Discovery funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Canadian Goldfields Discovery 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 Canadian Goldfields Discovery
What does Canadian Goldfields Discovery do?
Canadian Goldfields Discovery is a Canadian mineral exploration company advancing two high-potential gold projects in Ontario, Canada: the flagship high-grade, district-scale Miminiska Gold Project in northwestern Ontario and the road-accessible Swayze Central Gold Project in the prolific Abitibi Greenstone Belt near Timmins. The company uses soil geochemistry, aeromagnetic and electromagnetic surveys, and diamond drilling to explore banded iron formation (BIF) hosted gold systems.
Is Canadian Goldfields Discovery a public or private company?
Canadian Goldfields Discovery is a public company. It is classified as public and is currently operating.
When was Canadian Goldfields Discovery founded?
Canadian Goldfields Discovery was founded in 2025. It employs 11 to 50 people.
Where is Canadian Goldfields Discovery based?
Canadian Goldfields Discovery is headquartered in Vancouver, Canada, in the North America region.
How does Canadian Goldfields Discovery make money?
One revenue line is on record: mineral Exploration.
Who are Canadian Goldfields Discovery's main competitors?
Generation Mining Limited is listed as a regional player. Direct peers are Maple Gold Mines Ltd., Moneta Gold Inc., New Found Gold Corp., Troilus Gold Corp., Probe Metals Inc. and Storm Exploration Inc.. Laramide Resources Ltd. is listed as an others. Broad incumbents are IAMGOLD Corporation and Agnico Eagle Mines Limited.
Does Canadian Goldfields Discovery have an API?
No public API is recorded for Canadian Goldfields Discovery.
What industry is Canadian Goldfields Discovery in?
Canadian Goldfields Discovery's product category is Gold Mineral Exploration. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development, with a secondary code of IMAKAEAA, Gold Mining. Its NAICS code is 21222 and its SIC code is 1040.