What Metalsource Mining Inc. does

Metalsource Mining Inc. (CSE: MSM, OTCQB: MSMMF, FSE: E9Z) is a pre-revenue mineral exploration company headquartered in Vancouver, British Columbia. It was incorporated in 2022 as Silverfish Resources Inc., completed a CAD $1.0M IPO on the CSE in September 2022, acquired the district-scale Aruba Project in Botswana from One Bullion Ltd. in 2023 via wholly-owned subsidiary Red Ridge Mining Pty Ltd., and rebranded to Metalsource Mining Inc. in January 2024.

The company advances three exploration projects using conventional modern mineral-exploration techniques, principally diamond drilling, induced polarization (IP) and magnetotelluric (MT) geophysical surveys, and outsourced 3D geological modeling (SRK Consulting). The Silver Hill Project in Davidson County, North Carolina (1,300 acres) targets polymetallic silver-gold-lead-zinc mineralization at America's first significant silver discovery (1838). The Byrd-Pilot Project in Randolph County, North Carolina (1,000 acres) targets a copper-gold porphyry system with a 450-metre gold trend. The Aruba Project in northwestern Botswana (~4,663 km²), adjacent to Rio Tinto, targets nickel, copper, PGE, and manganese within the Molopo Farms Complex. Reported Silver Hill intercepts include 250.38 g/t AgEq over 18.17m and 223.58 g/t AgEq over 15.33m.

Metalsource generates no operating revenue; it funds exploration through equity private placements to institutional and retail investors, with Eric Sprott (via 2176423 Ontario Ltd.) as the largest disclosed shareholder at ~17.5% non-diluted / 24.1% partially diluted ownership. The customer base consists of capital providers rather than product buyers; GTM activity is investor-relations-led, comprising multiple paid marketing/IR partners (Caram Media, Apollo Shareholder Relations, TMI Digital, Investorideas.com, Quantum Ventures, ITG market-making). Management is led by CEO/President Joseph Cullen and COO Tom Kleeberg (40+ years in Carolinas precious-metals development, founder of the historic Haile Gold Mine re-opening).

Name

Metalsource Mining Inc.

Legal name

Metalsource Mining Inc.

Website

https://metalsourcemining.com

Company type

Public

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Metalsource Mining is a pre-revenue Canadian mineral exploration company advancing three district-scale precious and base metal projects — Silver Hill and Byrd-Pilot in North Carolina and Aruba in Botswana — funded through equity private placements to retail and institutional investors.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Other Metal Ore Mining (21229)

SIC

Gold And Silver Ores (1040), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industries

Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Copper Exploration & Resource Development (IMAKADAA)

Keywords

• Mineral exploration services
• Precious metals exploration
• Base metals exploration
• Copper-gold porphyry exploration
• Polymetallic mining exploration

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Mineral Exploration (Pre-Revenue): Metalsource Mining is a pre-revenue mineral exploration company. The company is focused on exploring and advancing its Silver Hill Project (silver, gold, lead, zinc) and Byrd-Pilot Project (copper-gold porphyry) in North Carolina, and the Aruba Project (nickel, copper, PGE, manganese) in Botswana. No revenue is currently generated as the company is in exploration stage.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Metalsource Mining Inc. is a pre-revenue mineral exploration company that acquires and advances precious and base metal projects across North America and Africa. Its portfolio comprises the Silver Hill polymetallic project (silver, gold, lead, zinc) and the Byrd-Pilot copper-gold porphyry project in North Carolina, alongside the district-scale Aruba nickel-copper-PGE-manganese project in Botswana. The company generates value through systematic diamond drilling, induced polarization and magnetotelluric geophysical surveys, and 3D geological modeling to delineate and expand mineralized zones for potential joint venture, sale, or future development.

Product overview

Metalsource Mining Inc. is a mineral exploration company advancing a portfolio of three exploration projects: Silver Hill (silver, gold, lead, zinc in North Carolina), Byrd-Pilot (copper-gold porphyry in North Carolina), and Aruba (manganese, nickel, copper, PGE in Botswana). The company conducts systematic exploration drilling, geophysical surveys, and geological modeling to expand mineralized footprints and advance toward resource estimates.

Differentiator

Problem solved

Functional benefit

Products and services

• Silver Hill Project A polymetallic mineral exploration project in Davidson County, North Carolina, recognized as America's first significant silver discovery. The project covers 1,225 acres and hosts silver, gold, lead, and zinc mineralization, with drilling results showing high-grade intercepts including up to 250.38 g/t AgEq over 18.17m and 45.84 g/t AuEq over 12.62m. Phase 1 drilling has extended high-grade gold-silver-base metal mineralization 195m down dip, with visual confirmation of wide massive sulphide zones continuing both down dip and along strike.
• Byrd-Pilot Project A copper-gold porphyry exploration project covering 1,000 acres in Randolph County, North Carolina. The project features a 450-metre gold trend with historical trench results including a 2.7 g/t gold peak sample and best drill intercept of 27.4m at 0.9 g/t gold from 24.4m depth (hole AD4). RC drilling to date has only reached 52m maximum depth, and mineralization is confirmed near surface and remains open at depth and along strike, indicating a district-scale porphyry system largely untested at depth.
• Aruba Project A district-scale mineral exploration project covering 4,663 km² in northwestern Botswana, adjacent to Rio Tinto's mineral tenure. The project targets nickel, copper, platinum group metals (PGM), and manganese mineralization within the Molopo Farms Complex and Kaapvaal Craton host geological setting, providing the company with significant diversification into Africa's mining-friendly jurisdictions and proximity to one of the world's largest manganese reserves.

Quantifiable outcome

• 267 g/t AgEq over 18.17m and 237 g/t AgEq over 15.33m from initial Phase 1 drilling at Silver Hill
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• TMI Digital LLCminorGTM or Marketing Partner · 5 June 2026Strategic digital media and investor awareness services for 6-month term at USD $40,000 upfront plus USD $20,000/month. Previously granted 150,000 stock options.
• Investorideas.comminorGTM or Marketing Partner · 3 June 2026Social media content creation and advertising services for 6-month term at USD $5,000/month (USD $30,000 total). Previously granted 75,000 stock options.
• Quantum Ventures Inc.minorGTM or Marketing Partner · 3 June 2026Marketing services for 4-month term at USD $150,000 payable in advance. Previously granted 150,000 stock options and 100,000 RSUs.
• Caram Media Inc.coreStrategic or Co-development Partner · 1 June 2026Strategic consulting and business development services agreement. Initial engagement fee of CAD $100,000 plus monthly payments of CAD $50,000 for 6-month initial term. Previously granted 500,000 stock options and 200,000 RSUs.
• Apollo Shareholder Relations Ltd.minorGTM or Marketing Partner · 29 May 2026Investor communication services for 6-month term at USD $20,000/month. Previously granted 350,000 stock options. Apollo will provide shareholder communications and market outreach.
• Investing News Network (INN)minorGTM or Marketing Partner · 1 April 2026Engaged Dig Media Inc. dba Investing News Network to provide advertising and increase awareness of the company. Agreement valued at CAD $51,000 for 12-month term. INN will provide investor education content.
• Independent Trading Group (ITG)minorChannel Partner/ Reseller/ Distributor · 21 October 2024Engaged ITG to provide market-making services in accordance with CSE policies. ITG will trade shares on CSE and other venues to maintain liquidity. Compensation of CAD $5,000 per month.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Market position

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/metalsourceinc
• YouTubeyoutube.com/@MetalsourceMining
• Facebookfacebook.com/metalsourcemining
• LinkedInlinkedin.com/company/metalsource-inc
• Instagraminstagram.com/metalsourceinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 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 Metalsource Mining Inc.