JUNIORMETRICS

Apogee Minerals Ltd.

APMI·US$0.078 (CAD 0.11)·US$6M cap
CopperKnife Lake Copper Project (Saskatchewan, Canada) Map

Apogee Minerals Ltd. (TSXV: APMI) is a Saskatchewan-focused Canadian mineral exploration company. Its flagship asset is the Knife Lake Copper Project (~35,255 hectares, 54 claims, ~130km NNW of Flin Flon), a near-surface, stratabound volcanogenic-massive-sulphide-style copper-cobalt-gold-silver-zinc deposit optioned from Trident Resources Corp. in July 2026: Apogee can earn a 100% interest (subject to a 2.5% NSR to Summit Royalties Ltd. and a 1.5% NSR to a private party) for C$400,000 in cash, 7.4 million Apogee shares plus additional shares valued at C$700,000, and C$1,000,000 in exploration spending, all over two years. The property carries a historical (effective 12 Jun 2019) NI 43-101 estimate -- Indicated 3.8Mt at 1.02% CuEq (0.83% Cu / 3.7 g/t Ag / 0.097 g/t Au / 82ppm Co / 1,740.7ppm Zn), Inferred 7.9Mt at 0.67% CuEq -- that neither Apogee nor Trident treats as a current resource, pending further qualifying work. Apogee also holds a 100% interest in the May Lake Project (4,502 hectares in the La Ronge Belt, acquired May 2025 for C$5,000), prospective for VMS Cu-Zn-Pb and intrusion-hosted Ni-Cu mineralization. The company's prior option on the Pine Channel gold property and the adjoining Shasko Bay uranium-gold property (together, an 80%-interest option from Eagle Plains Resources Ltd., less a 2% NSR) terminated effective December 17, 2025, with Apogee retaining no further interest in either property. No current NI 43-101 resource estimate covers any Apogee-held project.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
5.1/10
Weak track recordStrong track record
5.1/10 vs.
5.9/10
Thin runwayWell-capitalized
5.9/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
7.2/10
Harder place to buildEasier place to build
7.2/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    Saskatchewan: Fraser PPI 2025 is 92.90 of 100 (rank 8 of 68), which maps to 9 on this site's scale. Saskatchewan, Canada -- Tier-1 mining jurisdiction.

  • 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 Knife Lake Copper Project, east-central Saskatchewan, Canada (checked Oct 1, 2026; recheck due Mar 30, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)8.1/10

    Seabee (Santoy) (SSR Mining Inc.) is 48 km away -- within regional-platform range.

5.8/10
Weaker profileStronger profile
5.8/10 vs.
Price Chart
$0.039$0.036$0.047$0.111$0.078AugDecMarJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.078
+122.8%from low-41.4%from high
$0.035$0.13
See who ↓
4.6%
Low alignmentHigh alignment
4.6% vs.
See who ↓
1.8%
Low alignmentHigh alignment
1.8% vs.
$6M
Far belowFar above
$6M vs. $30.2M peer median
Price (USD - Local)
US$0.078 (CAD 0.11)
Cash Position (USD)
$302.5K
Far belowFar above
$302.5K vs. $4.3M peer median
Debt (USD)
$80.6K
Far aboveFar below
$80.6K vs. $0 peer median
$5.8M
Far belowFar above
$5.8M vs. $27.7M peer median
76.8M
Far aboveFar below
76.8M vs. 172.1M peer median
Jurisdiction
Canada
Grassroots exploration, no active mine
4.6%
0%100%
4.6% vs. 10.4% peer median
1.8%
0%100%
1.8% vs. 2.8% peer median
48 kmfrom SSR Mining Inc.'s Seabee (Santoy)
Within regional-platform range (~50km)
-$107.3K
Far belowFar above
-$107.3K vs. -$4M peer median
-$0.001
Far belowFar above
-$0.001 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
4.7/10
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:
    5.2/10

    Nearest producing mine: Seabee (Santoy) (SSR Mining Inc.), 48 km

    10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.

    Weight 22.5% · 46% here
  • 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% · 31% here
  • Jurisdiction
    Sub-score:
    9/10

    Canada: jurisdiction score 9/10

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

    Weight 6.75% · 14% here
  • Commodity
    Sub-score:
    8/10

    Primary commodity: Copper

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

    Weight 4.5% · 9% 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
-38.9% since 2026-08-26 · -38.9% from peak

Your Rankings

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

Management Team

President, Chief Executive Officer and Chief Financial Officer of Apogee Minerals Ltd.; also President & Chief Executive Officer of AC/DC Battery Metals Inc. and a director of SKRR Exploration Inc. Previously ran technology consulting for a BC venture capital firm and served as head of investment banking at Wolverton Securities Ltd. Currently provides strategic consulting to technology and mineral exploration companies in business planning, supply chain management, capital markets support, corporate finance and M&A.

Executive Chairman of Apogee Minerals Ltd. Over 30 years of industry experience in finance, corporate governance, executive management and compliance; serves on the boards of five publicly traded companies. Currently chairs Aben Gold Corp.; previously chaired Bayfield Ventures Corp., which was acquired by New Gold Inc. in 2014.

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 insider, Jordan Trimble, has bought steadily and repeatedly on the open market — seventeen purchases between March 2023 and October 2024, all small, at prices between C$0.05 and C$0.09, with no sales at all. That is a genuine pattern of personal conviction, but it is one person, and the most recent purchase is from October 2024. Beyond that, no producer, specialist fund or named institution holds a disclosed position and no institutional ownership figure is reported.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Apogee Minerals is a Saskatchewan-focused explorer whose flagship is the Knife Lake copper project, about 35,255 hectares roughly 130km north-north-west of Flin Flon, a near-surface volcanogenic massive sulphide-style copper-cobalt-gold-silver-zinc deposit. It holds Knife Lake under an option from Trident Resources that closed in September 2026, under which it can earn 100% over two years for C$400,000 in cash, 7.4 million Apogee shares plus further shares worth C$700,000, and C$1,000,000 of exploration spending, subject to existing royalties. The property carries a 2019 estimate of 3.8Mt indicated at 1.02% copper equivalent and 7.9Mt inferred at 0.67% copper equivalent, which Apogee does not treat as a current resource, and a new NI 43-101 technical report filed in September 2026 did not update it. Apogee also owns 100% of the May Lake project in the La Ronge belt, and in September 2026 it appointed Brady Rak as chief executive officer. No current NI 43-101 resource covers any of its projects.

No reports or presentations linked yet.