Canoe Mining Ventures Corp.
Canoe Mining Ventures Corp. (TSXV: CLV) is a Toronto-headquartered junior gold explorer. It holds a 100% interest in the Kerrs gold property, 12 mining leasehold patents in the Larder Lake Mining Division of Ontario, and a 100% interest in the Butt property, 87 mineral exploration claims in Butt Township, Nipissing District, Ontario. Debt-free micro-cap; closed a CAD575,000 non-brokered private placement (11.5 million units) in November 2025. Both projects are early-stage with no published resource estimate. Canoe entered a business combination agreement dated 24 Jul 2026 with Longview Gold Corp., a private BC company whose principal asset is an earn-in option (dated 28 Nov 2025) on the Red Hill sediment-hosted gold project (Eureka County, Nevada, Cortez Trend); the deal is structured as a three-cornered amalgamation expected to constitute a Reverse Takeover of Canoe under TSXV Policy 5.2, with the combined company renamed Longview Gold Corp. Ahead of closing, Canoe plans a 3.32-for-1 share consolidation, to be voted on at its annual and special meeting on 10 Nov 2026, and on 5 Oct 2026 it closed a subscription-receipt financing of C$9,086,739.49, above the C$6.2 million minimum, with the proceeds held in escrow until the transaction closes; the deal still needs TSXV acceptance and shareholder approval. Trading in Canoe's shares has been halted by CIRO since 27 Jul 2026. Longview's Red Hill option is from Metalla Royalty & Streaming Ltd., which since 2020 has held a royalty on NuLegacy Gold Corp's (TSXV: NUG) former Red Hill property in the same district; NuLegacy reverted that property in Apr 2025, a few months before Longview's Nov 2025 earn-in with Metalla. Another 'Red Hill' project in the same district, held and explored by American Pacific Mining Corp., appears to be a different property.
Lifecycle Milestones
Jurisdiction (40%)9/10
Ontario: Fraser PPI 2025 is 93.70 of 100 (rank 5 of 68), which maps to 9 on this site's scale. Ontario, Canada (Larder Lake Mining Division / Nipissing District) -- Tier-1 mining jurisdiction.
Infrastructure (40%)Not yet researched
No flagship project on file yet, so existing mill, road access, grid power, and tailings facility haven't been researched.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
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:8.5/10
Disclosed pending merger
A disclosed pending acquisition scores 10 and a merger 8.5; any other corporate action, none, or a deal in which the company is the buyer isn't scored.
Weight 26.25% · 50% here - 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: 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 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% · 29% here - JurisdictionSub-score:9/10
Canada: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 13% 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 Financial Officer and Director of Dryden Gold Corp.; also Chief Financial Officer & Corporate Secretary of Masivo Silver Corp. and Chief Executive Officer & Director of Canoe Mining Ventures Corp. 20 years' experience managing resource companies across North and South America through all development stages; previously CFO of Marlin Gold Mining Ltd, Mako Mining Corp, and Ely Gold Royalties; Bachelor of Commerce, Royal Roads University (2001).
Chief Financial Officer of Giyani Metals Corp. (TSXV: EMM); also a director of Canoe Mining Ventures Corp. 20+ years in mine finance and capital markets; strong track record in financial reporting, risk management, internal controls and corporate governance. Previously President at Capstone Advisory Group. B.Com (Economics/Finance), University of Toronto - Trinity College.
Independent Director of Canoe Mining Ventures Corp., elected to the board August 9, 2022, Managing Director of Langstaff & Company Ltd., an advisory and consulting firm.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Canoe announced a merger with privately-held Longview Gold on 2026-07-29. Metalla Royalty & Streaming, a publicly traded resource royalty company, is the existing owner of the Red Hill project being folded into the deal, and it takes 19.9% of the combined company plus a 3% royalty as payment for those rights -- a strategic stake, even though it arrived as deal consideration rather than a cash purchase. The transaction has not closed yet and still needs a financing round to complete.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
A plain-language summary of this company's technical-report findings isn't written yet. See the cited figures on this page and the documents below.
No reports or presentations linked yet.