Chibougamau Independent Mines Inc.
Chibougamau Independent Mines Inc. (TSXV: CBG) is a prospect generator holding a large portfolio of claims across the historic Chibougamau copper-gold mining camp in Quebec (Berrigan, Bateman Bay, Grandroy, Kokko Creek, Lac Simon, Lac Chibougamau, Mont Sorcier and others), targeting copper-gold vein deposits plus newer VMS and lode-gold potential. Rather than self-funding drill programs, CBG typically options its ground to operators while retaining royalties: the Berrigan Mine claims are optioned to TomaGold Corporation (active drilling through 2026), and the Mont Sorcier iron-vanadium deposit is optioned to Voyager Metals/Cerrado Gold (targeting an NI 43-101 Bankable Feasibility Study, building on a 2022 PEA with a US$1.6B NPV8), with CBG retaining a 2% Gross Metal Royalty on Mont Sorcier iron/vanadium production. No NI 43-101 resource has been defined on CBG's own book.
Notable vs. Peers
- Jurisdiction risk score of 9/10 is meaningfully safer than the peer average of 7.3/10.
Lifecycle Milestones
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 the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Trend data collecting — check back after a few more refreshes.
Your Rankings
Management Team
President, CEO and Director of Chibougamau Independent Mines Inc.
Chief Financial Officer of Chibougamau Independent Mines Inc.
Corporate Secretary of Chibougamau Independent Mines Inc.
Director of Chibougamau Independent Mines Inc.
Director of Chibougamau Independent Mines Inc.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Director David Lotan bought about 216,000 shares on-market at roughly C$0.33 in June 2024 -- a real purchase, though now more than a year old. The company is described as a Globex Mining subsidiary, but Globex is a project generator rather than an operating producer or major, so that relationship does not score as strategic backing.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Mont Sorcier (optioned to Voyager Metals/Cerrado Gold, CBG holds 2% GMR): 2022 NI 43-101 PEA cited a US$1.6B NPV8 at 65% Fe concentrate grade; a Bankable Feasibility Study was targeted for completion by end of Q2 2026. This is a royalty interest in a project operated and resourced by a different company, not a CBG-owned resource, so it is not recorded in ouncesFound.