| | People Tree for Perpetua Gold Corp (PPTA-T)
Issued
62,941,443 |
Price
$2.84 |
Working Capital
$49,525,394 |
Story Type
Feasibility Demonstration |
Diluted
65,712,343 |
Insiders
41.6% |
As of
9/30/2022 |
Key People
Laurel Sayer (CEO), Marcelo Kim (Chair), Jessica Largent (CFO), Darren Morgans (CFO), Heather Ennis (Sec), |
| SV Rating: Good Spec Value - Favorite - as of December 31, 2021: Perpetua Gold Corp, the new name for Midas Gold Corp effective Feb 18, 2021 following a 10:1 rollback on Jan 29, 2021 to allow a NASDAQ listing where it now trades with the symbol PPTA, has been a KRO Fair or Good Spec Value rated recommendation since September 6, 2013 based on its 100% owned gold-antimony Stibnite project in Idaho. On December 31, 2020 Perpetua was continued as a 2021 Favorite at $1.22 ($12.22 after adjusting for the 10:1 rollback) following the filing of a Draft Environmental Impact Statement by the USFS on Aug 14, 2020 and the company's delivery of a positive feasibility study on December 22, 2020. We are now waiting for the USFS to release a Final EIS in Q2 of 2021 followed by a draft Record of Decision in Q3 and a Final Record of Decision in Q4 which becomes the basis for ROD dependent permits and a construction decision in 2022 with production beginning in 2026 if CapEx of $1.3 billion can be raised. On April 5, 2021 Perpetua Gold Corp was confirmed as a Good Spec Value rated Favorite at $7.97 in Tracker Apr 5, 2021 which includes NPV and NPV/share based graphics for the Stibnite project using a close approximation of the parameters in the feasibility study's technical report and showing sensitivity to a gold price as high as $2,500. The feasibility study envisions a 15 year 20,000 tpd open-pit operation that mines three deposits whose refractory ore will be processed through a milling and pressure-oxidation complex that would yield 4,284,000 oz gold and 118 million lbs of antimony with a minor silver by-product. CapEx and Sustaining Capital were USD $1.292 billion and $295 million with OpEx at $26.45 per tonne. At base case prices of $1,600/oz gold, $20/oz silver and $3.50/lb antimony the after tax NPV was $1.347 billion at a 5% discount rate and IRR was 22.3%. At 54.9 million fully diluted that translates into a price target of USD $24.54 or CAD $30.91 at an exchange rate of 1.26 CAD:USD (earning: on April 1 Perpetua filed a short form base shelf prospectus to raise up to USD $100 million through a variety of instrument so fully diluted will rise if any financings are done - as of Dec 31, 2020 Perpetua had USD $22 million working capital). On these assumptions we should expect the stock to be in the CAD $20-$30 range by the end of 2021 if a Record of Decision is achieved. The current market pricing is signaling a thumbs down on that outcome, so in effect Perpetua is a bet on a permitting outcome. But it is a potentially lucrative bet that science rather than politics will dictate the outcome. I have constructed a cash flow model based on the ore schedule in the FS technical report which at the base case prices yields an after-tax NPV of USD $1.13 billion which is 16% lower than Perpetua's nameplate outcome mainly because I cannot emulate the complex depreciation-depletion treatment utilized in the FS. However, the DCF model is close enough that I can justify running it at spot prices as well as at much higher gold prices than allowed by 43-101 sensitivity range rules. The result at $1,728/oz gold, $25/oz silver and $5/lb antimony spot prices as of April 5, 2021 is USD $1.491 billion NPV at 5% with 31.1% IRR and $988 million at 10%. This translates into a mine approval contingent target of USD $27 at 5% and $18 at 10% which is CAD $34 and $23 at prevailing exchange rates. At $2,500 gold the after tax NPV jumps to USD $3.2 billion at 5% and $2.3 billion at 10%, or roughly USD $54 and $42 compared to the NASDAQ price of $6.46, or CAD $68 and $53 compared to the TSX price of $7.97. So if gold stays where it is and Stibnite secures mine approval, we can expect an approximate gain range of 200% to 300% reflecting the difference between 10% and 5% discount rates. On the other hand, if gold makes a 45% move to $2,500 which is a real price move reflecting global uncertainty that does not change the cost structure outlined in the FS, the equivalent gain range is 550% to 736%, more than double the price move in gold. Perpetua thus offers a double to triple if mine approval is achieved, and a five to seven fold gain if at the same time gold goes to $2,500. Perpetua is the best single advanced project leveraged gold bet among the juniors, but this has been made possible by the management discount created by the company's largest shareholder. John Paulson launched Midas Gold (Perpetua) into its permitting trajectory when he agreed in 2016 to fund most of a $55 million financing in the form of a zero coupon $55 million note convertible at about $0.35 ($3.50 post rollback). Getting mine approval will have cost USD $70 million on top of $125 million on feasibility demonstration. Shortly after the DEIS was filed in August 2020 John Paulson converted his note into a 20,935,732 share equity stake representing 44% of Perpetua's 47.6 million issued (54.9 million fully diluted). After the extended DEIS comment period ended in late October 2020 Paulson initiated a purge of the Midas management team, which he achieved on Dec 4, 2020 when Stephen Quin was replaced as CEO by Laurel Sayer whose job had been goodwill marketing while Quin's team did the engineering and technical work to support the DEIS and feasibility study. The independent board was replaced by Paulson's people who are either local politically connected people or connected to Paulson's other gold investments. Their skin in the game amounts to 10,500 shares plus lots of zero-risk stock options. John Paulson's political support for Donald Trump has become a liability, which Perpetua is trying to overcome by pitching the reclamation strategy underpinning the FS and the fact that antimony by-product supply from Stibnite would not only make the United States self-sufficient in terms of antimony rather than reliant on China and other unfriendly nations, but would even be able to help out other democracies which have aligned against autocracy. Furthermore, not included in the mining plan is a high grade antimony zone outside the pit shell which can be quickly accessed by adit via the pit by-pass tunnel that restores waterway access to the upstream watershed and which hosts at least as much by-product antimony as Stibnite would produce during its 15 year life. Antimony isn't overly important to emerging technologies, but if a molten salt technology being investigated as a storage system for renewable energy became viable, the Stibnite Mine would be the place to call. In a sense Perpetua Gold Corp is a short term bet that the politics of its major shareholder will not get in the way of mine approval, and, if that bet fails, a longer term bet that Trump or a clone regains the presidency in 2024. The alternative is a buyout by a major gold producer among whom Barrick Gold which already owns 11.3% is a primary contender because it may have at its disposal an alternative scenario where concentrate gets trucked to Nevada for roasting at one of its facilities with spare capacity. However, since the formation of the Nevada Gold JV with Newmont in 2019 whose purpose was to rationalize the infrastructure of their respective operations this opportunity may no longer be available. So Perpetua should be looked at as a future standalone mine open to all bidders which currently offers Good Speculative Value because of market skepticism about mine approval and the competence of the management team installed by John Paulson, a vocal Trump supporter, after forcing out in late 2020 Stephen Quin's team which had led Stibnite through the permitting cycle and delivered a feasibility study. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Christopher J. Robison |
Mining Executive |
12/4/2021 |
 |
|
|
|
10,000 |
0.0% |
| Laurel Sayer |
Administrator |
11/12/2014 |
|
|
|
CEO & President |
9,750 |
0.0% |
| David J. Deisley |
Lawyer |
12/4/2021 |
|
|
|
|
500 |
0.0% |
| Bob Dean |
Businessperson |
12/4/2021 |
|
|
|
|
0 |
0.0% |
| Marcelo Kim |
Analyst |
3/17/2016 |
|
|
|
Chairman |
0 |
0.0% |
| Jeff Malmen |
Politician |
12/4/2021 |
|
|
|
|
0 |
0.0% |
| Christopher Papaganis |
Investment Banker |
5/14/2020 |
|
|
|
|
0 |
0.0% |
| Alex Sternhell |
Salesperson |
12/4/2021 |
|
|
|
|
0 |
0.0% |
| Paulson & Co Inc. |
Institution |
5/9/2018 |
|
|
|
|
20,935,732 |
33.3% |
| Sun Valley Gold LLC |
Institution |
4/22/2021 |
|
|
|
|
5,145,726 |
8.2% |
| Heather Ennis |
|
|
|
|
|
Corporate Secretary |
92,300 |
0.1% |
| Chris Dail |
|
1/1/2011 |
|
|
|
Exploration Manager |
0 |
0.0% |
| Jessica Largent |
Investor Relations |
2/17/2021 |
|
|
|
CFO |
0 |
0.0% |
| Darren Morgans |
Accountant |
4/13/2011 |
|
|
|
CFO |
0 |
0.0% |
Issued
195,313,184 |
Price
$0.59 |
Working Capital
$6,060,903 |
Story Type
Feasibility Demonstration |
Diluted
197,600,233 |
Insiders
60.2% |
As of
6/30/2022 |
Key People
Karl Hanneman (CEO), Stuart Harshaw (Chair), Stephen A. Lang (Chair), David Cross (CFO), Russell Myers (VP EX), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Marcelo Kim |
Analyst |
12/28/2016 |
|
|
|
|
0 |
0.0% |
| Christopher Papaganis |
Investment Banker |
6/1/2020 |
|
|
|
|
0 |
0.0% |
| Paulson & Co Inc. |
Institution |
5/28/2015 |
|
|
|
|
59,593,314 |
30.5% |
| Anton J. Drescher |
Consultant |
1/1/1991 |
|
|
|
|
731,676 |
0.4% |
| Thomas E. Irwin |
|
12/31/2013 |
|
|
|
|
256,024 |
0.1% |
| Stephen A. Lang |
Engineer |
1/30/2014 |
|
|
|
Chairman |
100,000 |
0.1% |
| Thomas S. Weng |
Investment Banker |
8/5/2014 |
|
|
|
|
25,000 |
0.0% |
| John Ellis |
Engineer |
1/30/2014 |
|
|
|
|
0 |
0.0% |
| Stuart Harshaw |
Engineer |
5/30/2018 |
|
|
|
Chairman |
0 |
0.0% |
| Tocqueville Asset Management LP |
Institution |
10/15/2009 |
|
|
|
|
30,181,069 |
15.5% |
| Electrum Strategic Opprotunities Fund LP |
Institution |
5/30/2018 |
|
|
|
|
26,571,380 |
13.6% |
| Karl Hanneman |
Engineer |
5/28/2015 |
|
|
|
CEO |
212,000 |
0.1% |
| David Cross |
Accountant |
5/12/2015 |
|
|
|
CFO |
0 |
0.0% |
| Russell Myers |
Geologist |
|
|
|
|
VP Exploration |
0 |
0.0% |
Issued
333,337,000 |
Price
$6.25 |
Working Capital
$153,655,000 |
Story Type
Feasibility Demonstration |
Diluted
342,646,000 |
Insiders
45.4% |
As of
5/31/2022 |
Key People
Gregory Lang (CEO), Thomas Kaplan (Chair), David Ottewell (CFO), Gillyeard Leathley (COO), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Paulson & Co Inc. |
Institution |
5/30/2012 |
|
|
|
Placee |
21,992,896 |
6.6% |
| David J. Deisley |
Lawyer |
5/14/2015 |
|
|
|
VP |
571,498 |
0.2% |
| Gregory Lang |
Engineer |
1/1/2012 |
|
|
|
CEO & President |
1,075,081 |
0.3% |
| Rick Van Nieuwenhuyse |
Geologist |
1/1/1999 |
|
|
|
|
700,555 |
0.2% |
| Clynton R. Nauman |
Geologist |
1/1/1999 |
|
|
|
|
129,445 |
0.0% |
| Gillyeard Leathley |
Engineer |
|
|
|
|
COO |
60,000 |
0.0% |
| Kalidas V. Madhavpeddi |
Businessperson |
5/31/2007 |
|
|
|
|
20,836 |
0.0% |
| Sharon Dowdall |
Lawyer |
4/18/2012 |
|
|
|
|
0 |
0.0% |
| Diane R. Garrett |
Engineer |
3/12/2018 |
|
|
|
|
0 |
0.0% |
| Thomas Kaplan |
|
11/16/2011 |
|
|
|
Chairman |
0 |
0.0% |
| Anthony P. Walsh |
Retired |
3/26/2012 |
|
|
|
|
0 |
0.0% |
| Electrum Capital Inc |
|
1/1/2011 |
|
|
|
|
84,569,479 |
25.4% |
| FMR LLC |
Institution |
5/13/2016 |
|
|
|
|
24,197,554 |
7.3% |
| Van Eck Associates Corp |
Fund Manager |
5/14/2015 |
|
|
|
|
17,557,394 |
5.3% |
| David Ottewell |
|
11/13/2012 |
|
|
|
CFO |
345,150 |
0.1% |
| Melanie Hennessey |
Investor Relations |
3/12/2012 |
|
|
|
VP |
0 |
0.0% |
| Ron Rimelman |
|
12/9/2010 |
|
|
|
VP |
0 |
0.0% |
| Richard Williams |
Engineer |
3/28/2013 |
|
|
|
VP |
0 |
0.0% |
Issued
30,855,525 |
Price
$2.72 |
Working Capital
$13,847,362 |
Story Type
Feasibility Demonstration |
Diluted
31,105,525 |
Insiders
16.2% |
As of
7/31/2006 |
Key People
Peter F. Palmedo (Chair), |
| Delisted: American Gold Capital Corp was launched in 2001 as a Sun Valley Gold LLC controlled vehicle for the acquisition of "out-of-the-money" gold deposits. Its flagship project was the Metates gold-silver deposit in Durango, Mexico. Metates is a low grade system containing at least 3 million ounces gold and 60 million ounces silver. It is hampered by severe challenges such as refractory ore, acid generating rock, rugged terrain and a remote location which require a gold price well in excess of $500 per oz. American Gold also acquired the Talapoosa gold-silver deposit in Nevada. American Gold was delisted on February 23, 2007 following a plan of arrangement with Chesapeake Gold Corp. American Gold shareholders receievd for each share 0.29 Chesapeake shares, 0.145 warrants to buy Chesapeake at $8 for 5 years, and 0.029 Series 1 Class A shares. Each Class A share is convertible into 10 Chesapeake shares if during the next 5 years (with a 1 year extension in certain circumstances) London gold fix averages $850 or more for 90 days. On Feb 14, 2008 Chesapeake gave notice that this condition had been met, and each Class A share was converted into 10 Chesapeake shares. The value of each original American Gold share thus had an equivalent value of $4.52 on that day based on $6.75 Chesapeake and $4.17 warrant price. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
|
|
|
|
|
4,985,000 |
16.2% |
| R. Edward Flood |
Deceased |
8/19/2002 |
|
|
|
|
0 |
0.0% |
| Peter Marrone |
Lawyer |
9/17/2003 |
|
|
|
|
0 |
0.0% |
| Peter F. Palmedo |
Fund Manager |
7/14/2000 |
|
|
|
Chairman |
0 |
0.0% |
| Stephen P. Quin |
Geologist |
3/10/2006 |
|
|
|
|
0 |
0.0% |
Issued
129,421,087 |
Price
$0.79 |
Working Capital
$3,333,026 |
Story Type
Feasibility Demonstration |
Diluted
129,421,087 |
Insiders
22.7% |
As of
9/30/2012 |
Key People
George Bee (CEO), W. Robert Rose (COO), Annick Chouinard (VP EX), Alejandro Labbe (VP OP), |
| Delisted: Andina Minerals is a Chile-focused company led by CEO George Bee that is advancing its flagship Volcan project, where a July 2008 resource estimate on the Dorado targets outlined a measured and indicated resource of 6.6 million contained ounces of gold and an inferred resource of 2.7 million ounces at a 0.5 g/t Au cut-off. At 0.85 g/t with recoveries currently projected to be around 67% Volcan is a low grade project comprised of three separate deposits, with drilling continuing on additional targets including the Ojo de Agua deposit that hosts an additional 500,000 inferred gold ounces at a grade of .85 g/t.In November 2012 the company agreed to be acquired by Hochschild Mining PLC for $0.80 per share, valuing Andina's equity at approximately $103-million on a fully diluted basis. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
11/4/2011 |
|
|
|
|
18,759,892 |
14.5% |
| T. Sean Harvey |
Businessperson |
1/1/2004 |
|
|
|
|
3,068,439 |
2.4% |
| Melvyn Williams |
Accountant |
3/11/2009 |
|
|
|
|
221,444 |
0.2% |
| Juan Eduardo Rosselot |
Engineer |
1/1/2005 |
|
|
|
|
118,342 |
0.1% |
| R. Gregory Laing |
Lawyer |
1/1/2005 |
|
|
|
|
116,861 |
0.1% |
| George Bee |
|
1/5/2009 |
|
|
|
CEO & President |
26,000 |
0.0% |
| Patrick D. Downey |
Mining Executive |
3/11/2009 |
|
|
|
|
20,000 |
0.0% |
| Mackenzie Financial Corp |
|
|
|
|
|
|
7,012,560 |
5.4% |
| Annick Chouinard |
Geologist |
2/13/2012 |
|
|
|
VP Exploration |
0 |
0.0% |
| Alejandro Labbe |
Engineer |
3/2/2009 |
|
|
|
VP Operations |
0 |
0.0% |
| Keith D. McKay |
Accountant |
3/2/2009 |
|
|
|
VP |
0 |
0.0% |
| W. Robert Rose |
Engineer |
11/7/2011 |
|
|
|
COO |
0 |
0.0% |
Issued
455,055,248 |
Price
$0.27 |
Working Capital
$23,492,772 |
Story Type
Feasibility Demonstration |
Diluted
462,605,248 |
Insiders
49.6% |
As of
6/30/2022 |
Key People
Peter W. Tagliamonte (CEO), Mark P. Eaton (Chair), Jeff Dawley (CFO), Ian A. Pritchard (COO), Helio Diniz (VP EX), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
6/18/2014 |
|
|
|
|
76,007,681 |
16.7% |
| Mark P. Eaton |
Broker |
2/23/2010 |
|
|
|
Chairman |
9,074,500 |
2.0% |
| Peter W. Tagliamonte |
Engineer |
2/23/2010 |
|
|
|
CEO & President |
994,286 |
0.2% |
| William Clarke |
Consultant |
5/28/2015 |
|
|
|
|
161,300 |
0.0% |
| Denis C. Arsenault |
Accountant |
5/28/2015 |
|
|
|
|
100,000 |
0.0% |
| Carol Fries |
|
5/28/2015 |
|
|
|
|
20,000 |
0.0% |
| Stan Bharti |
Engineer |
2/23/2010 |
|
|
|
|
0 |
0.0% |
| Peter B. Nixon |
Investment Banker |
2/10/2020 |
|
|
|
|
0 |
0.0% |
| Agnico-Eagle Mines Ltd |
Public Company |
5/27/2016 |
|
|
|
|
89,102,760 |
19.6% |
| Sun Valley Gold Master Fund |
|
6/7/2017 |
|
|
|
|
48,612,634 |
10.7% |
| Simon Marcotte |
Analyst |
3/5/2010 |
|
|
|
VP Corp Dev |
500,000 |
0.1% |
| Michael Hoffman |
Engineer |
2/1/2012 |
|
|
|
VP |
400,000 |
0.1% |
| Ian A. Pritchard |
|
8/1/2012 |
|
|
|
COO |
308,750 |
0.1% |
| Helio Diniz |
Mining Executive |
3/5/2010 |
|
|
|
VP Exploration |
300,000 |
0.1% |
| Jeff Dawley |
Accountant |
9/22/2009 |
|
|
|
CFO |
0 |
0.0% |
Issued
67,367,000 |
Price
$2.00 |
Working Capital
$29,113,000 |
Story Type
Feasibility Demonstration |
Diluted
71,690,000 |
Insiders
29.8% |
As of
6/30/2022 |
Key People
Alan Pangbourne (CEO), P. Randy Reifel (Chair), Sam Wong (CFO), Taje Dhatt (VP CD), Alain Charest (VP EX), Bernard Poznanski (Sec), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
12/17/2020 |
|
|
|
|
7,175,013 |
10.7% |
| P. Randy Reifel |
Mining Executive |
4/18/2002 |
|
|
|
Chairman |
3,491,278 |
5.2% |
| John Perston |
Geologist |
4/18/2002 |
|
|
|
|
297,800 |
0.4% |
| Chris K. Falck |
Investment Banker |
9/21/2006 |
|
|
|
|
272,500 |
0.4% |
| Lian Li |
Consultant |
12/20/2013 |
|
|
|
|
8,500 |
0.0% |
| Randy Buffington |
|
1/20/2021 |
|
|
|
|
0 |
0.0% |
| Doug Flegg |
Geologist |
1/20/2021 |
|
|
|
|
0 |
0.0% |
| Alan Pangbourne |
Engineer |
1/20/2021 |
|
|
|
CEO |
0 |
0.0% |
| Eric Sprott |
Fund Manager |
12/17/2020 |
|
|
|
|
8,758,399 |
13.0% |
| Alain Charest |
Geologist |
|
|
|
|
VP Exploration |
54,000 |
0.1% |
| Taje Dhatt |
|
1/20/2021 |
|
|
|
VP Corp Dev |
0 |
0.0% |
| Carl Edmunds |
Geologist |
2/24/2021 |
|
|
|
Advisory Board |
0 |
0.0% |
| Walfre Ibarra |
|
2/6/2012 |
|
|
|
Advisory Board |
0 |
0.0% |
| Jim McKay |
|
|
|
|
|
VP |
0 |
0.0% |
| Bernard Poznanski |
Lawyer |
9/21/2006 |
|
|
|
Corporate Secretary |
0 |
0.0% |
| Sam Wong |
Accountant |
2/6/2012 |
|
|
|
CFO |
0 |
0.0% |
Issued
28,815,000 |
Price
$0.44 |
Working Capital
$3,908,936 |
Story Type
Feasibility Demonstration |
Diluted
29,268,800 |
Insiders
7.1% |
As of
6/30/2020 |
Key People
Corrado De Gasperis (CEO), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
1/1/2011 |
|
|
|
|
585,790 |
2.0% |
| John V. Winfield |
Businessperson |
6/1/2011 |
|
|
|
|
913,569 |
3.2% |
| William J. Nance |
Accountant |
10/1/2005 |
|
|
|
|
175,000 |
0.6% |
| Robert A. Reseigh |
Businessperson |
9/1/2008 |
|
|
|
|
15,000 |
0.1% |
| Corrado De Gasperis |
Businessperson |
6/1/2011 |
|
|
|
CEO & President |
0 |
0.0% |
| Daniel W. Kappes |
Metallurgist |
4/1/2012 |
|
|
|
|
0 |
0.0% |
| Solus Core Opportunities Master Fund Ltd |
Institution |
1/1/2011 |
|
|
|
|
183,006 |
0.6% |
| Longview LP |
Institution |
1/1/2011 |
|
|
|
|
179,367 |
0.6% |
Issued
177,400,000 |
Price
$23.10 |
Working Capital
$138,700,000 |
Story Type
Producer |
Diluted
178,300,000 |
Insiders
11.4% |
As of
9/30/2019 |
Key People
Michael J. McMullen (CEO), William V. Williams (CEO), Jaco Crouse (CFO), Patrick Donovan (VP CD), |
| Delisted: Detour Gold,which listed on the TSX in January 2007, is a Hunter Dickenson company led by Gerald Panneton and Ronald W. Theissen. The company is focused on its flagship Detour Lake project in the Abitibi Greenstone Belt in northeastern Ontario, where it controls 100% following its January 2009 merger with PDX Resources--Detour's largest shareholder and holder of a 42% interest in the Detour Lake project. Detour Lake contains an in-pit gold resource of 21 million ounces (measured and indicated resource of 17.7 million ounces and inferred resource of 3.4 million ounces.) A feasibilty study was completed in May 2010 for Detour Lake, and showed an NPV of $1.03 billiion using $850 gold and a 5% discount rate for this project forecast to produce 649,000 gold ounces annually over a 16 year mine life, with initial capital expenditures of $992 million. At $1200 gold Detour Lake's NPV rises to over $3.1 billion. The company is working towards beginning mine development in late 2010, with a targeted production date of 2013. Initial gold pours are scheduled for February 2013, and the company has forecast production of 350,000 and 400,000 ounces of gold for the year, with total cash costs of between $800/ounce and $900/ounce expected once commercial production begins. Ultimate 2013 production was 232,522 ounces, and the company has forecast production of 450,000 - 500,000 gold ounces in 2014. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Christopher J. Robison |
Mining Executive |
12/13/2018 |
|
|
|
|
0 |
0.0% |
| Andre Falzon |
|
4/1/2013 |
|
|
|
|
10,000 |
0.0% |
| Robert Doyle |
Accountant |
5/25/2010 |
|
|
|
|
2,400 |
0.0% |
| Alan R. Edwards |
Engineer |
12/13/2018 |
|
|
|
|
0 |
0.0% |
| Steven Feldman |
|
12/13/2018 |
|
|
|
|
0 |
0.0% |
| James K. Gowans |
Engineer |
12/13/2018 |
|
|
|
|
0 |
0.0% |
| Judy Kirk |
|
12/13/2018 |
|
|
|
|
0 |
0.0% |
| Michael J. McMullen |
Mining Executive |
5/1/2019 |
|
|
|
CEO |
0 |
0.0% |
| Ronald S. Simkus |
|
12/13/2018 |
|
|
|
|
0 |
0.0% |
| Dawn Whittaker |
Lawyer |
12/13/2018 |
|
|
|
|
0 |
0.0% |
| William V. Williams |
|
12/13/2018 |
|
|
|
CEO |
0 |
0.0% |
| BlackRock Inc |
Investment Banker |
5/5/2016 |
|
|
|
|
20,240,024 |
11.4% |
| Jaco Crouse |
Accountant |
5/21/2019 |
|
|
|
CFO |
0 |
0.0% |
| Patrick Donovan |
|
4/4/2008 |
|
|
|
VP Corp Dev |
0 |
0.0% |
| Derek Teevan |
ESG Specialist |
3/10/2009 |
|
|
|
VP |
0 |
0.0% |
Issued
106,524,953 |
Price
$0.07 |
Working Capital
($645,000) |
Story Type
Feasibility Demonstration |
Diluted
106,524,953 |
Insiders
44.3% |
As of
6/30/2022 |
Key People
Paul Robertson (CEO), Courtney Wolfe (Chair), David Kay (Chair), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Paulson & Co Inc. |
Institution |
5/10/2013 |
|
|
|
|
13,339,961 |
12.5% |
| Courtney Wolfe |
|
7/31/2017 |
|
|
|
Chairman |
1,000,000 |
0.9% |
| Cameron Brown |
Fund Manager |
1/19/2021 |
|
|
|
|
0 |
0.0% |
| Lawrence Haber |
|
7/31/2017 |
|
|
|
|
0 |
0.0% |
| David Kay |
|
7/26/2016 |
|
|
|
Chairman |
0 |
0.0% |
| Peter C. McRae |
Accountant |
7/31/2017 |
|
|
|
|
0 |
0.0% |
| Amber Capital LP |
|
3/9/2011 |
|
|
|
|
22,208,658 |
20.8% |
| Trexs Investments LLC |
Private Company |
3/30/2017 |
|
|
|
|
10,608,225 |
10.0% |
| Paul Robertson |
Accountant |
8/4/2017 |
|
|
|
CEO |
0 |
0.0% |
| Victoria Vargas |
Investor Relations |
9/7/2010 |
|
|
|
VP |
0 |
0.0% |
Issued
92,722,753 |
Price
$1.93 |
Working Capital
$12,499,000 |
Story Type
Feasibility Demonstration |
Diluted
98,670,253 |
Insiders
29.2% |
As of
3/31/2017 |
Key People
Wendell Zerb (CEO), Yale R. Simpson (Chair), Bryce G. Roxburgh (Chair), Robert Grey (VP CD), |
| Delisted: Exeter is a Yale Simpson-led explorer focusing on South America where it is focused on its Caspiche gold porphyry that yielded a 304 metre intercept on the first hole in 2007, and subsequently a 19.5 million gold ounce and 4.9 bliion copper pound inferred resource estimate in September 2009, following the spin-out of the company's other projects into Extorre Resources. Exeter has met with market scepticism based on low grades and high capex, and partially as a result the company is exploring the option of staged development that could begin with a stand-alone heap leach option on the upper gold zone that would require relatively modest capex outlays. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
11/24/2015 |
|
|
|
|
17,683,936 |
19.1% |
| Bryce G. Roxburgh |
Geologist |
3/20/2003 |
|
|
|
Chairman |
6,694,750 |
7.2% |
| Yale R. Simpson |
Geologist |
6/10/2003 |
|
|
|
Chairman |
2,133,350 |
2.3% |
| Julian Bavin |
Geologist |
3/25/2010 |
|
|
|
|
302,500 |
0.3% |
| John C. Simmons |
Accountant |
8/18/2010 |
|
|
|
|
285,000 |
0.3% |
| Robert G. Reynolds |
Accountant |
6/12/2007 |
|
|
|
|
0 |
0.0% |
| Global Capital Group Ltd |
|
10/11/2006 |
|
|
|
IR |
0 |
0.0% |
| Robert Grey |
Investor Relations |
3/15/2007 |
|
|
|
VP Corp Dev |
0 |
0.0% |
| Jerry Perkins |
Engineer |
|
|
|
|
VP |
0 |
0.0% |
| Matthew Williams |
Geologist |
|
|
|
|
Exploration Manager |
0 |
0.0% |
| Wendell Zerb |
Analyst |
2/28/2013 |
|
|
|
CEO & President |
0 |
0.0% |
Issued
224,943,453 |
Price
$0.66 |
Working Capital
$56,315,000 |
Story Type
Producer |
Diluted
236,401,286 |
Insiders
21.3% |
As of
6/30/2022 |
Key People
Matt Badylak (CEO), Paul N. Wright (Chair), Josephat Zvaipa (COO), Markus Felderer (VP CD), Paul Klipfel (VP EX), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
3/17/2020 |
|
|
|
|
25,061,857 |
11.1% |
| Gordon J. Fretwell |
Lawyer |
2/24/2004 |
|
|
|
|
243,200 |
0.1% |
| Marcel de Groot |
Accountant |
10/1/2009 |
|
|
|
|
40,000 |
0.0% |
| Shawn Wallace |
Consultant |
3/3/2010 |
|
|
|
|
17,200 |
0.0% |
| Judith Mosely |
Investment Banker |
10/24/2019 |
|
|
|
|
0 |
0.0% |
| Dawn Moss |
Mining Executive |
9/14/2021 |
|
|
|
|
0 |
0.0% |
| Michael Price |
Consultant |
1/30/2014 |
|
|
|
|
0 |
0.0% |
| Paul N. Wright |
Engineer |
3/10/2020 |
|
|
|
Chairman |
0 |
0.0% |
| Ruffer LLP |
Institution |
3/17/2020 |
|
|
|
|
22,656,589 |
10.1% |
| Matt Badylak |
Metallurgist |
8/17/2020 |
|
|
|
CEO & President |
0 |
0.0% |
| Markus Felderer |
Broker |
3/17/2020 |
|
|
|
VP Corp Dev |
0 |
0.0% |
| Lynette Gould |
Investor Relations |
3/17/2020 |
|
|
|
IR |
0 |
0.0% |
| Paul Klipfel |
Geologist |
3/17/2020 |
|
|
|
VP Exploration |
0 |
0.0% |
| Josephat Zvaipa |
|
7/11/2019 |
|
|
|
COO |
0 |
0.0% |
Issued
358,735,368 |
Price
$0.56 |
Working Capital
$17,519,868 |
Story Type
Feasibility Demonstration |
Diluted
377,132,891 |
Insiders
36.0% |
As of
3/31/2022 |
Key People
Jason Attew (CEO), Mac Jackson (VP EX), |
| Delisted: Gold Standard Ventures Corp is the successor to Ripple Lake Diamonds Ltd which completed an IPO on Jan 7, 2005, changed its name to Devonshire Resources Ltd on Oct 10, 2007 with a 10:1 rollback, and again on Nov 18, 2009 to Gold Standard with a 4:1 rollback. In Feb 2010 Gold Standard acquired the Railroad project in Nevada through an RTO of JKR Gold Resources Inc involving the issue of 24.8 million shares that shifted management to Jonathan Awde and David Mathewson. JKR had acquired the Railroad project from Royal Standard Minerals in November 2009 for $1.2 million. Albert Friedberg's FCMI invested $12 million in Gold Standard in early 2011, which raised another $20 million on June 12, 2012 in conjunction with a NYSE listing. The Railroad project is within a historic polymetallic mining district at the southern end of the Carlin Trend in which 15 companies have drilled 382 holes. The 7,000 hectare Railroad project is south of Newmont's Rain deposit. Since 2010 Gold Standard has drilled over 70,000 ft in pursuit of Carlin-type mineralization mainly in the North Bullion Fault Zone target area. For H1 of 2013 Gold Standard planned to spend $4 million on 24,000 ft of drilling at Railroad. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
7/20/2022 |
|
|
|
|
57,196,138 |
15.9% |
| D. Bruce McLeod |
Engineer |
9/29/2016 |
|
|
|
|
233,000 |
0.1% |
| William E. Threlkeld |
Geologist |
3/17/2011 |
|
|
|
|
167,200 |
0.0% |
| Ronald W. Clayton |
Mining Executive |
1/30/2018 |
|
|
|
|
60,000 |
0.0% |
| Alexander G. Morrison |
Accountant |
9/12/2017 |
|
|
|
|
60,000 |
0.0% |
| Zara E. Boldt |
Accountant |
9/12/2017 |
|
|
|
|
52,000 |
0.0% |
| John Armstrong |
Broker |
6/9/2021 |
|
|
|
|
0 |
0.0% |
| Cassandra Joseph |
Lawyer |
6/9/2021 |
|
|
|
|
0 |
0.0% |
| Lisa Wade |
Engineer |
6/9/2021 |
|
|
|
|
0 |
0.0% |
| OceanaGold Corp |
Public Company |
7/22/2015 |
|
|
|
|
39,483,552 |
11.0% |
| FCMI Financial Corp |
|
3/11/2011 |
|
|
|
|
30,493,966 |
8.5% |
| Jason Attew |
Broker |
12/2/2020 |
|
|
|
CEO & President |
1,298,740 |
0.4% |
| James S. Anthony |
Businessperson |
3/17/2011 |
|
|
|
Advisory Board |
0 |
0.0% |
| Ivan J. Bebek |
Investor Relations |
2/11/2015 |
|
|
|
Advisory Board |
0 |
0.0% |
| Rudi P. Fronk |
Businessperson |
3/17/2011 |
|
|
|
Advisory Board |
0 |
0.0% |
| Mac Jackson |
Geologist |
7/26/2011 |
|
|
|
VP Exploration |
0 |
0.0% |
| John Norby |
Geologist |
5/30/2014 |
|
|
|
Chief Geologist |
0 |
0.0% |
| Redstone Communications LLC |
Investor Relations |
10/20/2010 |
|
|
|
IR |
0 |
0.0% |
| Jonathan A. Rubenstein |
Lawyer |
3/17/2011 |
|
|
|
Advisory Board |
0 |
0.0% |
Issued
46,540,936 |
Price
$1.75 |
Working Capital
$22,280,281 |
Story Type
Feasibility Demonstration |
Diluted
46,540,936 |
Insiders
26.8% |
As of
9/30/2009 |
Key People
Wade K. Dawe (CEO), Keith Abriel (CFO), Michael J. G. Sylvestre (COO), Howard M. Bird (VP EX), |
| Delisted: Linear Gold, led by President and CEO Wade Dawe, is a gold exploration and development company with projects in the Dominican Republic, Mexico, and most recently, the province of Saskatchewan in Canada. In the Dominican Republic the company has 35% carried interests in three high sulfidation epithermal gold projects optioned to Everton Resources located near the Pueblo Viejo mine being developed by Barrick and Goldcorp. In Mexico Linear's major property is Ixhuaton, located in the Chiapas region, where a June 2006 resource estimate identified 1.7 million gold ounces and 6.6 million silver ounces in all categories. Kinross subsequently acquired a 70% option by paying between $105 and $115 million, depending upon project resources, and by spending $15 million on exploration, but withdrew in December 2009. Iin May 2009 Linear acquired the Goldfields project, located near Uranium City in Saskatchewan's Athabasca Basin. Goldfields hosts a total resource of more than one million gold ounces in the reserve category between two deposits, and has an updated 2007 feasibilty study envisioning annual production of 90,000 gold ounces at $419 per ounce, with initial capital expenditures of $63 million and an NPV of $137.6 million using $850 gold prices. Advancing Goldfields towards production has become Linear's focus. In March 2010 the company announced it had agreed to be acquired by Apollo Gold Corp on the basis of 5.74 Apollo shares per Linear share, a $2.30 price per share based upon Apollo's price at the time of the announcement. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
|
|
|
|
|
4,553,300 |
9.8% |
| Wade K. Dawe |
|
2/1/2000 |
|
|
|
CEO & President |
1,545,819 |
3.3% |
| Michael Gross |
Physician |
7/1/2002 |
|
|
|
|
1,145,800 |
2.5% |
| Peter M. Dimmell |
Geologist |
7/1/1997 |
|
|
|
|
99,868 |
0.2% |
| Derrick Gill |
Consultant |
7/1/2004 |
|
|
|
|
20,000 |
0.0% |
| Ismail Emin Eyi |
|
|
|
|
|
|
0 |
0.0% |
| Sprott Asset Management Inc |
Institution |
9/17/2009 |
|
|
|
|
5,098,063 |
11.0% |
| Keith Abriel |
Accountant |
12/10/2007 |
|
|
|
CFO |
0 |
0.0% |
| Howard M. Bird |
Geologist |
12/10/2007 |
|
|
|
VP Exploration |
0 |
0.0% |
| Michael J. G. Sylvestre |
Engineer |
9/9/2009 |
|
|
|
COO |
0 |
0.0% |
Issued
807,000,000 |
Price
$42.86 |
Working Capital
$4,306,000,000 |
Story Type
Producer |
Diluted
807,000,000 |
Insiders
12.3% |
As of
6/30/2020 |
Key People
Gary Goldberg (CEO), Vincent A. Calarco (Chair), Laurie Brlas (CFO), Chris Robinson (VP OP), Randy Engel (VP CD), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Christopher J. Robison |
Mining Executive |
|
|
|
|
|
91,350 |
0.0% |
| Gary Goldberg |
|
11/1/2011 |
|
|
|
CEO & President |
145,424 |
0.0% |
| Bruce Brook |
|
10/25/2011 |
|
|
|
|
20,212 |
0.0% |
| Kofi Bucknor |
|
7/25/2012 |
|
|
|
|
18,662 |
0.0% |
| Vincent A. Calarco |
Businessperson |
1/1/2000 |
|
|
|
Chairman |
4,686 |
0.0% |
| Gregory H. Boyce |
|
1/1/2015 |
|
|
|
|
0 |
0.0% |
| Joseph A. Carrabba |
Geologist |
1/1/2007 |
|
|
|
|
0 |
0.0% |
| Noreen Doyle |
|
1/1/2005 |
|
|
|
|
0 |
0.0% |
| Veronica M. Hagen |
|
1/1/2005 |
|
|
|
|
0 |
0.0% |
| Jane Nelson |
|
10/25/2011 |
|
|
|
|
0 |
0.0% |
| Julio M. Quintana |
|
1/1/2015 |
|
|
|
|
0 |
0.0% |
| BlackRock Inc |
Investment Banker |
4/24/2013 |
|
|
|
|
38,472,980 |
4.8% |
| The Vanguard Group, Inc. |
Institution |
4/22/2015 |
|
|
|
|
32,909,893 |
4.1% |
| State Street Corp |
Private Company |
4/22/2015 |
|
|
|
|
27,158,028 |
3.4% |
| Randy Engel |
Administrator |
4/24/2013 |
|
|
|
VP Corp Dev |
111,740 |
0.0% |
| Russell D. Ball |
Accountant |
4/24/2013 |
|
|
|
|
70,040 |
0.0% |
| Stephen Gottesfeld |
Lawyer |
4/22/2015 |
|
|
|
|
47,671 |
0.0% |
| Chris Robinson |
|
5/1/2013 |
|
|
|
VP Operations |
35,937 |
0.0% |
| William MacGowan |
|
4/24/2013 |
|
|
|
VP |
30,538 |
0.0% |
| Laurie Brlas |
|
9/1/2013 |
|
|
|
CFO |
12,692 |
0.0% |
Issued
332,002,102 |
Price
$1.10 |
Working Capital
($12,884,787) |
Story Type
Feasibility Demonstration |
Diluted
366,089,408 |
Insiders
29.7% |
As of
6/30/2022 |
Key People
Patrick D. Downey (CEO), Michael H. Halvorson (Chair), Natalie Pilon (CFO), Peter Tam (CFO), Tim Miller (COO), Pascal Marquis (VP EX), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
7/10/2012 |
|
|
|
|
25,049,124 |
7.5% |
| Michael H. Halvorson |
Investor |
2/25/2009 |
|
|
|
Chairman |
3,304,518 |
1.0% |
| Patrick D. Downey |
Mining Executive |
5/22/2017 |
|
|
|
CEO & President |
1,590,700 |
0.5% |
| Joseph F. Conway |
Geologist |
10/14/2014 |
|
|
|
|
633,333 |
0.2% |
| Ronald Batt |
Retired |
5/23/2013 |
|
|
|
|
400,000 |
0.1% |
| Charles Oliver |
Broker |
7/18/2017 |
|
|
|
|
100,000 |
0.0% |
| Stephen Axcell |
Engineer |
6/28/2018 |
|
|
|
|
0 |
0.0% |
| Kate Harcourt |
ESG Specialist |
6/28/2018 |
|
|
|
|
0 |
0.0% |
| Marco Locasio |
Fund Manager |
6/28/2018 |
|
|
|
|
0 |
0.0% |
| Resource Capital Fund VII LP |
Institution |
6/28/2018 |
|
|
|
|
42,056,250 |
12.7% |
| Mason Hill Advisors LLC |
Institution |
6/21/2017 |
|
|
|
|
24,707,775 |
7.4% |
| Pascal Marquis |
Geologist |
2/18/2009 |
|
|
|
VP Exploration |
561,249 |
0.2% |
| Gregory B. Bowes |
Mining Executive |
2/18/2009 |
|
|
|
VP |
105,812 |
0.0% |
| Tim Miller |
|
6/22/2016 |
|
|
|
COO |
0 |
0.0% |
| Vanessa Pickering |
Investor Relations |
4/23/2019 |
|
|
|
IR |
0 |
0.0% |
| Natalie Pilon |
Administrator |
6/17/2020 |
|
|
|
CFO |
0 |
0.0% |
| Peter Tam |
|
3/5/2018 |
|
|
|
CFO |
0 |
0.0% |
Issued
65,717,043 |
Price
$1.06 |
Working Capital
($4,971,153) |
Story Type
Producer |
Diluted
71,830,276 |
Insiders
126.8% |
As of
12/31/2017 |
Key People
William C. Howald (CEO), Jonathan Challis (Chair), Douglas M. Jones (COO), Tony Wood (VP CD), |
| Delisted: Rye Patch Gold Corp, headed by Bill Howald, has gold exploration projects in Nevada's Oreana Trend southwest of the Spring Valley deposit an the Cortez Trend southeast of Barrick's 14 million oz Goldrush deposit. The most advanced Oreana Trend project is Wilco in which Newmont has a right to claw back 70% for $20 million upon Rye Patch completing a positive feasibility study. Lincoln Hill, also in the Oreana Trend, has a modest silver-gold resource. In June 30, 2013 Rye Patch reached a settlement with Coeur Mining Corp on the Rochester claims Rye Patch staked in 2011 after Coeur accidentally let them lapse. Rye Patch received $10 million and 3.4% NSR that applies 2014-2017 for a maximum production of 39.4 million silver equivalent ounces. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
8/7/2009 |
|
|
|
|
19,208,334 |
29.2% |
| William C. Howald |
Geologist |
4/13/2006 |
|
|
|
CEO & President |
2,867,500 |
4.4% |
| Jonathan Challis |
Engineer |
9/1/2006 |
|
|
|
Chairman |
213,000 |
0.3% |
| Charles C. Russell |
Engineer |
1/22/2007 |
|
|
|
|
150,000 |
0.2% |
| Tim Baker |
Geologist |
12/14/2016 |
|
|
|
|
100,000 |
0.2% |
| John Mansanti |
|
7/12/2017 |
|
|
|
|
0 |
0.0% |
| Donald Smith Value Fund LP |
Private Company |
7/12/2017 |
|
|
|
|
45,500,000 |
69.2% |
| Ernesto Echavarria |
Investor |
8/10/2009 |
|
|
|
Placee |
15,266,666 |
23.2% |
| Michael E. Iannacone |
Accountant |
7/12/2017 |
|
|
|
General Manager |
0 |
0.0% |
| Douglas M. Jones |
|
2/12/2018 |
|
|
|
COO |
0 |
0.0% |
| Vikas Ranjan |
Investor Relations |
5/14/2010 |
|
|
|
IR |
0 |
0.0% |
| Renmark Financial Communications Inc |
Investor Relations |
4/3/2008 |
|
|
|
IR |
0 |
0.0% |
| Karen Robb |
Investor Relations |
10/22/2007 |
|
|
|
IR |
0 |
0.0% |
| Ubika Corp |
Investor Relations |
5/14/2010 |
|
|
|
IR |
0 |
0.0% |
| Tony Wood |
|
9/8/2014 |
|
|
|
VP Corp Dev |
0 |
0.0% |
Issued
548,434,995 |
Price
$1.16 |
Working Capital
$94,332,000 |
Story Type
Feasibility Demonstration |
Diluted
556,531,800 |
Insiders
9.2% |
As of
6/30/2022 |
Key People
D. Bruce McLeod (CEO), Walter T. Segsworth (Chair), Wendy Louie (CFO), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
2/15/2015 |
|
|
|
|
23,012,836 |
4.2% |
| D. Bruce McLeod |
Engineer |
2/15/2015 |
|
|
|
CEO & President |
680,500 |
0.1% |
| Walter T. Segsworth |
Retired |
7/3/2015 |
|
|
|
Chairman |
420,000 |
0.1% |
| James N. Morton |
Lawyer |
6/19/2008 |
|
|
|
|
170,000 |
0.0% |
| David A. Fennell |
Businessperson |
6/4/2009 |
|
|
|
|
124,500 |
0.0% |
| Anthony P. Walsh |
Retired |
6/1/2008 |
|
|
|
|
92,295 |
0.0% |
| Leo Zhao |
|
2/9/2018 |
|
|
|
|
15,000 |
0.0% |
| Anna Stylianides |
Lawyer |
3/31/2016 |
|
|
|
|
0 |
0.0% |
| Anna Tudela |
Administrator |
1/26/2021 |
|
|
|
|
0 |
0.0% |
| Dundee Precious Metals Inc |
Institution |
5/16/2012 |
|
|
|
|
25,739,713 |
4.7% |
| Leon Coetzer |
|
9/1/2011 |
|
|
|
VP |
0 |
0.0% |
| Lello Galassi |
|
3/15/2018 |
|
|
|
VP |
0 |
0.0% |
| Wendy Louie |
Accountant |
9/27/2021 |
|
|
|
CFO |
0 |
0.0% |
Issued
137,922,169 |
Price
$0.12 |
Working Capital
$2,246,279 |
Story Type
Feasibility Demonstration |
Diluted
152,902,169 |
Insiders
21.7% |
As of
6/30/2022 |
Key People
Andrew Dinning (CEO), L. Simon Jackson (Chair), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
8/29/2012 |
|
|
|
|
15,433,333 |
11.2% |
| Andrew Dinning |
|
4/8/2010 |
|
|
|
CEO & President |
4,132,184 |
3.0% |
| L. Simon Jackson |
Accountant |
4/8/2010 |
|
|
|
Chairman |
423,499 |
0.3% |
| Steve Zaninovich |
Consultant |
6/24/2020 |
|
|
|
|
33,333 |
0.0% |
| Adrian Byass |
Mining Executive |
6/24/2020 |
|
|
|
|
0 |
0.0% |
| Silver Lake Resources Ltd |
|
|
|
|
|
|
9,843,000 |
7.1% |
Issued
758,108,356 |
Price
$0.49 |
Working Capital
$30,973,344 |
Story Type
Feasibility Demonstration |
Diluted
875,007,921 |
Insiders
32.7% |
As of
6/30/2022 |
Key People
Henri Van Rooyen (CEO), Warren Newfield (Chair), Sean Werger (Pres), Nelson Pfaltzgraff (CFO), Paulo I. de Brito (VP EX), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| David J. Deisley |
Lawyer |
4/12/2016 |
|
|
|
|
300,000 |
0.0% |
| Warren Newfield |
Diplomat |
4/5/2005 |
|
|
|
Chairman |
15,643,918 |
2.1% |
| Henri Van Rooyen |
Consultant |
2/9/2012 |
|
|
|
CEO |
2,840,814 |
0.4% |
| John D. Kaplan |
Businessperson |
6/24/2013 |
|
|
|
|
1,101,793 |
0.1% |
| David E. Singer |
|
6/27/2014 |
|
|
|
|
372,500 |
0.0% |
| Gregory S. Kinross |
Accountant |
4/5/2005 |
|
|
|
|
365,000 |
0.0% |
| Resource Capital Fund VI LP |
Institution |
3/8/2019 |
|
|
|
|
227,196,154 |
30.0% |
| Erica Belling |
Investor Relations |
1/1/2007 |
|
|
|
IR |
0 |
0.0% |
| Paulo I. de Brito |
Geologist |
|
|
|
|
VP Exploration |
0 |
0.0% |
| Nelson Pfaltzgraff |
Accountant |
|
|
|
|
CFO |
0 |
0.0% |
| Sean Werger |
Lawyer |
3/20/2012 |
|
|
|
President |
0 |
0.0% |
Issued
145,868,502 |
Price
$0.77 |
Working Capital
$2,939,000 |
Story Type
Feasibility Demonstration |
Diluted
145,868,502 |
Insiders
41.7% |
As of
8/31/2022 |
Key People
Janice A. Stairs (Chair), Elaine M. Sanders (CFO), Richard Gosse (VP EX), Joseph Piekenbrock (VP EX), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Paulson & Co Inc. |
Institution |
5/23/2013 |
|
|
|
Placee |
11,603,178 |
8.0% |
| Gregory Lang |
Engineer |
1/24/2012 |
|
|
|
|
33,896 |
0.0% |
| Janice A. Stairs |
Lawyer |
4/27/2011 |
|
|
|
Chairman |
10,000 |
0.0% |
| Tony S. Giardini |
Accountant |
1/24/2012 |
|
|
|
CEO & President |
8,048 |
0.0% |
| Gerald J. McConnell |
Lawyer |
1/24/2012 |
|
|
|
|
6,629 |
0.0% |
| Kalidas V. Madhavpeddi |
Businessperson |
1/24/2012 |
|
|
|
|
4,293 |
0.0% |
| James K. Gowans |
Engineer |
5/22/2019 |
|
|
|
CEO & President |
0 |
0.0% |
| William Hayden |
Geologist |
5/18/2016 |
|
|
|
|
0 |
0.0% |
| William L. Hensley |
Academic |
12/11/2017 |
|
|
|
|
0 |
0.0% |
| Diana Walters |
Investment Banker |
5/8/2017 |
|
|
|
|
0 |
0.0% |
| Electrum Strategic Holdings LLC |
|
5/21/2013 |
|
|
|
|
22,587,873 |
15.5% |
| Baupost Group LLC |
|
5/21/2013 |
|
|
|
Placee |
10,600,758 |
7.3% |
| Resource Capital Fund V LP |
Institution |
5/18/2016 |
|
|
|
|
10,353,300 |
7.1% |
| Gold First Investments Ltd |
|
5/18/2016 |
|
|
|
|
5,568,000 |
3.8% |
| Joseph Piekenbrock |
Geologist |
3/28/2012 |
|
|
|
VP Exploration |
9,638 |
0.0% |
| Elaine M. Sanders |
Accountant |
1/1/2011 |
|
|
|
CFO |
7,222 |
0.0% |
| Sacha Iley |
|
3/28/2012 |
|
|
|
VP |
2,579 |
0.0% |
| Pat Donnelley |
Geologist |
8/1/2012 |
|
|
|
VP |
0 |
0.0% |
| Richard Gosse |
Geologist |
9/3/2020 |
|
|
|
VP Exploration |
0 |
0.0% |
Issued
138,844,229 |
Price
$0.03 |
Working Capital
($1,872,254) |
Story Type
Feasibility Demonstration |
Diluted
185,614,574 |
Insiders
3.8% |
As of
6/30/2022 |
Key People
John D. Anderson (CEO), Glen J. Diduck (CFO), Jessie Halle (VP EX), Donna M. Moroney (Sec), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
6/17/2009 |
|
|
|
|
625,000 |
0.5% |
| John D. Anderson |
Financier |
1/14/2010 |
|
|
|
CEO |
3,313,000 |
2.4% |
| Marco Strub |
Fund Manager |
5/10/2011 |
|
|
|
|
756,003 |
0.5% |
| Brian Bower |
|
6/29/2020 |
|
|
|
|
0 |
0.0% |
| Gregory B. Sparks |
Engineer |
2/3/2017 |
|
|
|
|
0 |
0.0% |
| Passport Materials Master Fund LP |
Institution |
1/15/2008 |
|
|
|
Placee |
260,000 |
0.2% |
| Tocqueville Gold Offshore Fund |
Institution |
1/15/2008 |
|
|
|
Placee |
208,000 |
0.1% |
| Glen J. Diduck |
Accountant |
1/13/2006 |
|
|
|
CFO |
107,500 |
0.1% |
| Allan Armitage |
Geologist |
10/18/2011 |
|
|
|
|
0 |
0.0% |
| Jessie Halle |
Geologist |
1/20/2020 |
|
|
|
VP Exploration |
0 |
0.0% |
| Bernie Kennedy |
Investor Relations |
|
|
|
|
IR |
0 |
0.0% |
| Dennis Moore |
Geologist |
4/1/2014 |
|
|
|
Advisory Board |
0 |
0.0% |
| Donna M. Moroney |
Administrator |
10/2/2019 |
|
|
|
Corporate Secretary |
0 |
0.0% |
| John Zbeetnoff |
Geologist |
5/5/2014 |
|
|
|
Advisory Board |
0 |
0.0% |
Issued
64,457,683 |
Price
$7.09 |
Working Capital
$94,148,405 |
Story Type
Producer |
Diluted
67,378,845 |
Insiders
43.8% |
As of
6/30/2022 |
Key People
John McConnell (CEO), Mark Corra (CFO), Paul D. Gray (VP EX), Peter Ozorio (Sec), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
8/25/2010 |
|
|
|
|
6,138,537 |
9.5% |
| Christopher Hill |
|
8/18/2011 |
|
|
|
|
1,153,341 |
1.8% |
| John McConnell |
Engineer |
7/31/2007 |
|
|
|
CEO & President |
502,091 |
0.8% |
| T. Sean Harvey |
Businessperson |
7/31/2007 |
|
|
|
|
306,667 |
0.5% |
| Michael D. McInnis |
Geologist |
12/19/2008 |
|
|
|
|
118,833 |
0.2% |
| Sean E. O. Roosen |
Mining Executive |
6/25/2018 |
|
|
|
|
66,667 |
0.1% |
| Patrick D. Downey |
Mining Executive |
6/29/2016 |
|
|
|
|
33,333 |
0.1% |
| Jacques Perron |
Engineer |
6/18/2018 |
|
|
|
|
10,000 |
0.0% |
| Letha MacLachlan |
Lawyer |
12/21/2018 |
|
|
|
|
3,067 |
0.0% |
| Orion CO-VI Ltd Corporation |
|
10/8/2019 |
|
|
|
|
11,452,610 |
17.8% |
| Electrum Strategic Opprotunities Fund LP |
Institution |
8/8/2016 |
|
|
|
|
4,693,333 |
7.3% |
| Kinross Gold Corp |
Public Company |
8/8/2016 |
|
|
|
|
3,725,775 |
5.8% |
| Mark Corra |
|
|
|
|
|
CFO |
0 |
0.0% |
| Anthony George |
Engineer |
2/15/2017 |
|
|
|
VP |
0 |
0.0% |
| Paul D. Gray |
Geologist |
4/25/2017 |
|
|
|
VP Exploration |
0 |
0.0% |
| Peter Ozorio |
|
|
|
|
|
Corporate Secretary |
0 |
0.0% |
Issued
118,125,701 |
Price
$0.75 |
Working Capital
$10,465,000 |
Story Type
Feasibility Demonstration |
Diluted
118,125,701 |
Insiders
23.7% |
As of
6/30/2022 |
Key People
Frederick H. Earnest (CEO), Michael B. Richings (Chair), John F Engele (CFO), Pamela A. Solly (VP CD), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
4/20/2011 |
|
|
|
|
18,622,544 |
15.8% |
| Frederick H. Earnest |
Mining Executive |
11/6/2007 |
|
|
|
CEO & President |
1,400,418 |
1.2% |
| W. Durand Eppler |
Businessperson |
10/13/2004 |
|
|
|
|
388,479 |
0.3% |
| Michael B. Richings |
Engineer |
5/1/1995 |
|
|
|
Chairman |
347,692 |
0.3% |
| Tracy A. Stevenson |
Mining Executive |
11/6/2007 |
|
|
|
|
338,199 |
0.3% |
| C. Thomas Ogryzlo |
Businessperson |
3/8/1996 |
|
|
|
|
278,375 |
0.2% |
| John M. Clark |
Accountant |
5/18/2001 |
|
|
|
|
189,068 |
0.2% |
| Deborah J. Friedman |
Lawyer |
3/13/2019 |
|
|
|
|
0 |
0.0% |
| Euro Pacific Asset Management |
Institution |
4/29/2021 |
|
|
|
|
5,307,303 |
4.5% |
| John F Engele |
|
4/30/2013 |
|
|
|
CFO |
549,450 |
0.5% |
| John W. Rozelle |
|
4/29/2014 |
|
|
|
VP |
451,166 |
0.4% |
| Douglas Tobler |
|
4/29/2021 |
|
|
|
|
75,306 |
0.1% |
| Pamela A. Solly |
Investor Relations |
4/1/2019 |
|
|
|
VP Corp Dev |
55,224 |
0.0% |
Issued
58,117,837 |
Price
$0.95 |
Working Capital
$6,566,734 |
Story Type
Feasibility Demonstration |
Diluted
60,275,337 |
Insiders
48.0% |
As of
6/30/2022 |
Key People
Sandy McVey (CEO), Peter F. Palmedo (Chair), Frank R. Hallam (CFO), |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Sun Valley Gold LLC |
Institution |
4/23/2014 |
|
|
|
|
20,313,740 |
35.0% |
| Kevin Falcon |
|
6/14/2013 |
|
|
|
|
24,533 |
0.0% |
| Pierre B. Lebel |
Lawyer |
5/28/2010 |
|
|
|
|
24,300 |
0.0% |
| Peter F. Palmedo |
Fund Manager |
4/29/2019 |
|
|
|
Chairman |
0 |
0.0% |
| Ruffer LLP |
Institution |
6/23/2017 |
|
|
|
|
7,322,800 |
12.6% |
| Frank R. Hallam |
Accountant |
5/28/2010 |
|
|
|
CFO |
215,377 |
0.4% |
| Michael G. Allen |
Geologist |
6/1/2010 |
|
|
|
VP Exploration |
0 |
0.0% |
| Sandy McVey |
Engineer |
9/2/2021 |
|
|
|
CEO |
0 |
0.0% |
Issued
511,944,803 |
Price
$0.28 |
Working Capital
$20,928,000 |
Story Type
Producer |
Diluted
551,073,303 |
Insiders
34.2% |
As of
3/31/2017 |
Key People
M. Simon Hatfield (CEO), James C. Houck (Chair), David J. Boone (Chair), Tony Kralijic (VP FI), Robert J. Theriault (VP OP), Charles W. Berard (Sec), |
| Delisted: WesternZagros Resources Ltd (WZR-V) is no longer involved in the resource sector and consequently its information is no longer being updated. |
| Hop to this company's People Tree |
| Related Party |
Occupation |
Related
Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
| Paulson & Co Inc. |
Institution |
6/8/2016 |
|
|
|
|
52,684,600 |
10.3% |
| John Frangos |
Businessperson |
10/18/2007 |
|
|
|
|
11,217,185 |
2.2% |
| M. Simon Hatfield |
|
10/18/2007 |
|
|
|
CEO |
905,144 |
0.2% |
| Randall Oliphant |
Mining Executive |
10/18/2007 |
|
|
|
|
759,856 |
0.1% |
| James C. Houck |
|
10/18/2007 |
|
|
|
Chairman |
497,962 |
0.1% |
| William Wallace |
|
4/24/2008 |
|
|
|
|
180,000 |
0.0% |
| David J. Boone |
|
10/18/2007 |
|
|
|
Chairman |
135,000 |
0.0% |
| Jonathan Oestreich |
|
12/15/2016 |
|
|
|
|
0 |
0.0% |
| Crest Energy International LLC |
|
6/4/2014 |
|
|
|
|
108,867,066 |
21.3% |
| Robert J. Theriault |
|
10/18/2007 |
|
|
|
VP Operations |
20,000 |
0.0% |
| Charles W. Berard |
Lawyer |
10/18/2007 |
|
|
|
Corporate Secretary |
21 |
0.0% |
| Tony Kralijic |
|
5/4/2015 |
|
|
|
VP Finance |
0 |
0.0% |
|
