JUNIORMETRICS

Antler Gold Inc.

ALRGF·ANTL·US$0.018 (CAD 0.025)·US$1.6M cap
Goldalso:Onkoshi Gold Project (Namibia); also the Erongo and Paresis gold projects and the Ziggy copper project (Namibia), the Kesya rare-earth project (Zambia) and the Crescent Lake project (Ontario) Map

Antler Gold Inc. (TSXV: ANTL), founded in 2016 and headquartered in Halifax, Nova Scotia, is a project generator focused on gold, copper and rare-earth projects in Namibia and Zambia. Its Namibian portfolio comprises the Onkoshi gold project (about 689 square km, with a 5.5 km gold trend), the Paresis gold project in north-central Namibia (expanded by two licences to about 812 square km, in the same gold corridor as B2Gold's Otjikoto mine), the Erongo Central gold project (five licences covering 185 square km, one of which borders the Twin Hills mining licence) and the Ziggy copper project. In March 2026 a settlement ended its agreement to sell Erongo to Fortress Gold, and Erongo is again owned by Antler's Namibian subsidiary. It also holds the Kesya rare-earth project in Zambia and, since April 2026, the Crescent Lake project (4,908 hectares near Armstrong, Ontario), reacquired after the Midex transaction ended. No mineral resource has been estimated on any of its projects.

Notable vs. Peers

  • Financials score of 3.3/10 is weaker than the peer average of 5.3/10.
  • Trading within 0% of its 52-week low — weak recent price momentum.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
7.2/10
Weak track recordStrong track record
7.2/10 vs.
3.3/10
Thin runwayWell-capitalized
3.3/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
5.8/10
Harder place to buildEasier place to build
5.8/10 vs.
What goes into it
  • Jurisdiction (40%)7/10

    Namibia is one of sub-Saharan Africa's more politically stable, mining-friendly jurisdictions with an established mining code, but still carries materially higher sovereign/infrastructure risk than Tier-1 peers.

  • Infrastructure (40%)No verified figure

    Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Onkoshi Gold Project, Namibia (checked Oct 5, 2026; recheck due Apr 3, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

5.3/10
Weaker profileStronger profile
5.3/10 vs.
Price Chart
$0.036$0.047$0.039$0.018$0.018AugDecMarJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.018
+1.3%from low-74.7%from high
$0.018$0.07
See who ↓
35.6%
Low alignmentHigh alignment
35.6% vs.
See who ↓
0%
Low alignmentHigh alignment
0% vs.
$1.6M
Far belowFar above
$1.6M vs. $22.1M peer median
Price (USD - Local)
US$0.018 (CAD 0.025)
Cash Position (USD)
$14.5K
Far belowFar above
$14.5K vs. $3.4M peer median
Debt (USD)
$105.7K
Far aboveFar below
$105.7K vs. $0 peer median
$1.7M
Far belowFar above
$1.7M vs. $19.4M peer median
90.8M
Far aboveFar below
90.8M vs. 154.2M peer median
Jurisdiction
Namibia
Grassroots exploration, no active mine
35.6%
0%100%
35.6% vs. 12.1% peer median
0%
0%100%
0% vs. 3.3% peer median

Acquisition Susceptibility

How this is calculated
4.1/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    1/10

    Stage: Grassroots Exploration

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    7/10

    Namibia: jurisdiction score 7/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-37.6% since 2026-08-26 · -37.6% from peak

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 

Management Team

Interim Chief Executive Officer and a member of the Board of Directors of ReeXploration Inc. (TSXV: REE; FSE: K2i), and concurrently Chief Executive Officer of Antler Gold Inc. (TSXV: ANTL), a Canadian gold exploration company focused on projects in Namibia. An experienced professional with international experience in the mineral and exploration industry. Previously Kenyan Country Manager for Stockport Exploration and Field Exploration Geologist for Remote Exploration Services (Pty) Ltd. in South Africa, with extensive work experience across Africa on various mineral projects. Sources: rareearthexploration.com (Board of Directors and Leadership) and antlergold.com.

Executive Chairman of Antler Gold Inc., founder of GoGold Resources Inc. with senior positions in the mineral industry for over 20 years.

Chief Financial Officer of Antler Gold Inc.

Director of Antler Gold Inc., Managing Director of Numus Financial Inc. with experience in capital raising and public markets. Appointed to the board effective March 2026, succeeding Nicole Maske, who resigned.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

One director, Daniel Davies Whittaker, bought 1,000,000 shares on the open market at C$0.05 in January 2025 — about C$50,000 of his own money, with no sales on record. That is the only positive signal, it is a single person, and it is now around nineteen months old. No producer, specialist fund or named institution holds a disclosed position in the company, and no institutional ownership figure is reported.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Antler Gold is a project generator focused on gold, copper and rare-earth projects in Namibia and Zambia. Its Namibian portfolio comprises the Onkoshi gold project (about 689 square km, with a 5.5 km gold trend), the Paresis gold project, the Erongo Central gold project and the Ziggy copper project; a March 2026 settlement ended its agreement to sell Erongo to Fortress Gold, and Erongo is again owned by Antler's Namibian subsidiary. It also holds the Kesya rare-earth project in Zambia and, since April 2026, the Crescent Lake project near Armstrong, Ontario, reacquired after the Midex transaction ended. No mineral resource has been estimated on any of its projects.

No reports or presentations linked yet.