JUNIORMETRICS

Bravada Gold CorporationB

BGAVF·BVA·US$0.54 (CAD 0.76)·US$15.4M cap
Goldalso:Wind Mountain Gold-Silver Project (100%), Nevada Map

Bravada Gold Corporation (TSXV: BVA) is a Nevada-focused junior explorer holding 11 projects (~860 claims, ~7,500 ha) across two of the state's most prolific gold trends. Its flagship, the 100%-owned Wind Mountain Gold-Silver Project, is a past-producing brownfield heap-leach mine roughly 160km northeast of Reno, operated 1989-1999 by AMAX and then Kinross Gold Corporation (following Kinross's 1998 acquisition of AMAX). An updated 2026 Preliminary Economic Assessment (Aug 2026) reported an after-tax NPV of US$415 million at US$3,600/oz gold, a 60% after-tax IRR, and an 11.2-year mine life. The company has engaged RESPEC Company LLC to lead engineering, mine planning, and mine design as it advances Wind Mountain toward a Pre-Feasibility Study.

Notable vs. Peers

  • Financials score of 7.1/10 is stronger than the peer average of 5.3/10.

Lifecycle Milestones

Grassroots
Resource Def.
PEACurrent
PFS
Feasibility
Permitting
Construction
Production
Prior Ownership & Infrastructure
Road AccessGrid Power3 of 4 checked, 2 in place

Not in place: tailings facility. Not yet determined: mill.

4.5/10
Weak track recordStrong track record
4.5/10 vs.
7.1/10
Thin runwayWell-capitalized
7.1/10 vs.
How this is calculated
4.8/10
Weaker depositStronger deposit
4.8/10 vs.
How this is calculated
7.5/10
Harder place to buildEasier place to build
7.5/10 vs.
What goes into it
  • 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 Wind Mountain project is in Nevada, a top-tier mining jurisdiction with low political risk.

  • Infrastructure (40%)7.1/10

    Confirmed road access, confirmed grid power, and no confirmed tailings facility at Wind Mountain Gold-Silver Project, Nevada, USA; existing mill 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.), 98 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.

6/10
Weaker profileStronger profile
6/10 vs.
Price Chart
$0.229$0.229$0.551$0.543$0.556SepDecAprJulOct
Sep 19, 2025 – Oct 15, 2026
$0.54
+212.3%from low-42.8%from high
$0.17$0.94
$15.4M
Far belowFar above
$15.4M vs. $22.2M peer median
Price (USD - Local)
US$0.54 (CAD 0.76)
Cash Position (USD)
$1.1M
Far belowFar above
$1.1M vs. $3.4M peer median
Debt (USD)
$0
Far aboveFar below
$0 vs. $0 peer median
$14.3M
Far belowFar above
$14.3M vs. $19.6M peer median
28.8M
Far aboveFar below
28.8M vs. 154.5M peer median
Jurisdiction
United States
574,400 oz
Feeds Deposit Quality score
Indicated574,400 oz
Inferrednot scored192,400 oz
Total resource766,800 oz
Far belowFar above
574.4K oz vs. 1.3M oz peer median
Compares M&I only — Inferred isn't compared or scored.
$24.95/oz
M&I
Total resource (incl. Inferred)$18.69/oz
Peer median $67.11/oz
Far aboveFar below
$24.95/oz vs. $137.56/oz peer median
11.2 yrs2026 study
Far belowFar above
11.2 yrs vs. 11.1 yrs peer median
$1,653/oz2026 study
$415M2026 study · gold deck US$3,600 vs spot US$4,156/oz
Far belowFar above
$415M vs. $603M peer median
0.04x2026 study · gold deck US$3,600 vs spot US$4,156/oz
Far aboveFar below
0.04x vs. 0.33x peer median
0.03x2026 study · gold deck US$3,600 vs spot US$4,156/oz
Far aboveFar below
0.03x vs. 0.29x peer median
$3,600/oz13% below spot ($4,156/oz)2026 study
60%Clears Durrett's 25% developer bar2026 study · gold deck US$3,600 vs spot US$4,156/oz
Far belowFar above
60% vs. 43% peer median
98 kmfrom Integra Resources Corp.'s Florida Canyon
Outside typical bolt-on range
-$151.1K
Far belowFar above
-$151.1K vs. -$3.3M peer median
-$0.005
Far belowFar above
-$0.005 vs. -$0.017 peer median

Acquisition Susceptibility

How this is calculated
5.6/10
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:
    3.4/10

    Nearest producing mine: Florida Canyon (Integra Resources Corp.), 98 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:
    6/10

    Stage: Preliminary Economic Assessment

    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

    United States: 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:
    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.

Overall Score Trend
+7.1% since 2026-09-19

Your Rankings

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

Management Team

President, CEO and Director of Bravada Gold Corporation. PhD in Metallurgical Engineering, UBC. 30+ years in the mining industry, including COO, CEO and President roles at Western Copper and Gold Corporation, advancing the Casino Project through feasibility studies and permitting. Earlier senior technical roles at BHP, Placer Dome and Barrick. Currently sits on the boards of Chesapeake Gold Corp., Surge Copper Corp. and Cascadia Minerals Ltd.

Director and President of Equity Metals Corporation; also Vice President of Exploration and Director of Bravada Gold Corporation and a director of Paradigm Gold Corporation. (P.Geo., B.S., M.S.) A Certified Professional Geologist with a B.S. in Geology from Kent State University and an M.S. in Geology from the University of Colorado, with 40 years of experience in exploration for gold, silver, copper, molybdenum, lead, zinc and uranium in the U.S., Canada and abroad. Also President and a director of Bravada Gold Corporation and a director of Nickelex Resource Corporation, and previously of Homestake Resource Corporation and Fortune River Resource Corp. Has held previous executive positions and directorships with Fairmile GoldTech, Sierra Geothermal, the Geological Society of Nevada and the GSN Foundation.

President and Director of Southern Silver Exploration Corp.; also Chairman and Director of Bravada Gold Corporation and Chairman & Director of Paradigm Gold Corporation. (B.A., LL.B., K.C.) UBC law degree 1964; called to the BC Bar 1965. Natural resource and corporate-securities lawyer, director or officer of companies behind the David Bell, Page Williams, Snip, Calpine/Eskay Creek, Mascot Gold Mines and Penasquito discoveries. Also a director of Equity Metals Corporation.

Director of Bravada Gold Corporation. CPA, CA. Bachelor of Commerce, UBC (1964); designated Chartered Accountant (1968). Practiced with Price Waterhouse in Canada and Australia (1968-1973); later in private practice and with Smythe Ratcliffe Chartered Accountants, focusing on mining and mineral exploration clients.

Director of Bravada Gold Corporation. P.Bio. BSc, UBC (1990). Eighteen years of executive experience in the mining and mineral testing industries. Formerly President and director of Dundee Mines Ltd./Duncastle Gold Corp. Co-author of technical papers; holds two patents on mine water treatment. Officer of Sierra Mountain Minerals Inc.

VP Corporate Development at Luca Mining Corp.; also a director of Bravada Gold Corporation.

Director of Bravada Gold Corporation. Disclosed insider/owner of Faraday Copper Corp. (FDY) per SEC insider-transaction (Form 3/4/5) filings.

CFO of Bravada Gold Corporation. FCCA. Relocated from London to Vancouver in 2006; specializes in financial reporting and auditing across UK and Canadian business sectors with extensive IFRS experience. Senior accountant at Manex Resource Group; previously at Smythe Ratcliffe LLP. B.A. (Hons) Economics, Lancaster University (1995).

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

No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Bravada Gold explores in Nevada, where it holds 11 projects of about 860 claims, and its flagship is the 100%-owned Wind Mountain gold-silver project about 160km north-east of Reno, a past-producing heap-leach mine operated from 1989 to 1999 by AMAX and then Kinross. Wind Mountain's resource, effective 23 June 2026, is 574,400 oz of gold indicated in 56.0 Mt at 0.32 g/t, with no measured category, plus 192,400 oz inferred, alongside 15.3 Moz of silver indicated and 22.2 Moz inferred. An updated preliminary economic assessment released on 31 August 2026 gives an after-tax NPV (5%) of US$415M, a 60% after-tax IRR and an 11.2-year mine life at US$3,600/oz gold, with an all-in sustaining cost of US$1,653/oz. Bravada has engaged RESPEC to lead engineering, mine planning and mine design as it advances Wind Mountain toward a pre-feasibility study.

Bravada Corporate UpdateNews ReleaseAug 2026