Avidian Gold Corp.
Avidian Gold Corp. (TSXV: AVG) is a Toronto-headquartered explorer whose remaining mineral project is the 100%-owned Jungo gold-copper property in Nevada, a 3.5 sq km property on the structural trend between the Hycroft mine and the Sleeper deposit that hosts a ~2 km Au-Cu system, with no mineral resource estimate. Avidian sold its Alaskan subsidiary, Avidian Gold Alaska Inc. (the Golden Zone property with its Breccia Pipe Deposit, the Amanita NE property and an option on Amanita), to Contango ORE, Inc. for up to US$3.4M, closing on 7 August 2024. It also holds about 12.3% of High Tide Resources Corp. (CSE: HTRC), owner of the Labrador West iron project.
Notable vs. Peers
- Financials score of 9.8/10 is stronger than the peer average of 5.3/10.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Jurisdiction (40%)9/10
Nevada: Fraser PPI 2025 is 100.00 of 100 (rank 1 of 68), which maps to 9 on this site's scale. The Jungo property is in Humboldt County, Nevada, a Tier-1 US mining jurisdiction; Avidian sold its Alaska project, Golden Zone, to Contango ORE in August 2024.
Infrastructure (40%)6.4/10
Confirmed road access at Jungo Gold-Copper Property, Humboldt County, Nevada, USA; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Florida Canyon (Integra Resources Corp.), 60 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
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 dealSub-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 stakeSub-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 mineSub-score:4.7/10
Nearest producing mine: Florida Canyon (Integra Resources Corp.), 60 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 stageSub-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 - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-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% · 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.
Your Rankings
Management Team
Chief Executive Officer and Director of Avidian Gold Corp., promoted to President and CEO in a management and board update.
Chair of the Board of Directors of Avidian Gold Corp.
VP Capital Markets at Soma Gold Corp.; also a director of Avidian Gold Corp. 17 years in corporate mining advisory, including 8 years as VP Capital Markets at Critical Elements Corp.; finance degree from HEC Montreal.
Interim Chief Financial Officer of Aston Bay Holdings Ltd., Chief Financial Officer of Pelangio Exploration Inc. (since 2024) and Chief Financial Officer of Avidian Gold Corp. (since 2019). Founder of DMC Corporate Services, Inc. (1999) and Director of Accounting Services at Grove Corporate Services. Over 25 years working with publicly traded and private companies, specialising in financial reporting, controls and administration, and has served as CFO for numerous public companies in the mining and exploration sectors over the past 20 years -- earlier as CFO or Controller of Intrepid Mines Ltd., Metalla Royalty & Streaming Ltd., Firestone Ventures Inc. and Aurania Resources Ltd.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Three different insiders acquired shares and warrants together through a private placement in May 2026, with no offsetting selling. No producer or specialist-fund backing was found.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Avidian Gold is a Toronto-based explorer whose remaining mineral project is the 100%-owned Jungo gold-copper property in Nevada, a 3.5 sq km property on the structural trend between the Hycroft mine and the Sleeper deposit that hosts a gold-copper system about 2 km long and has no resource estimate. It sold its Alaskan subsidiary, which held the Golden Zone property and its Breccia Pipe deposit, the Amanita NE property and an option on Amanita, to Contango ORE for up to US$3.4M, closing on 7 August 2024. It also holds about 12.3% of High Tide Resources, owner of the Labrador West iron project. In May 2026 it closed a private placement to fund exploration at Jungo and general corporate purposes.