JUNIORMETRICS

Cleghorn Minerals Ltd.C

CZZ·US$0.074 (CAD 0.11)·US$3.5M cap
NickelMeech Lake-Matachewan Ni-Cu-PGE Property (Ontario) -- flagship; also the newly acquired Rocco Copper Prospect (Gaspe, Quebec) Map

Cleghorn Minerals Ltd. (TSXV: CZZ) holds the Meech Lake-Matachewan Ni-Cu-PGE property in northeastern Ontario (subject to a retained 3% NSR to a prior vendor). In Jul 2026 the company acquired the Rocco Copper Prospect -- 73 claims (4,156 ha) in the Gaspe region of eastern Quebec, a porphyry copper-skarn target ~100km north of Port-Daniel. Cleghorn closed a C$524,400 non-brokered private placement in Jul 2026.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
6.4/10
Weak track recordStrong track record
6.4/10 vs.
5.6/10
Thin runwayWell-capitalized
5.6/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
6.6/10
Harder place to buildEasier place to build
6.6/10 vs.
What goes into it
  • 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. The Meech Lake-Matachewan prospect is near Matachewan, Ontario, and the company also explores in Quebec, both Tier-1 Canadian jurisdictions.

  • 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 Meech Lake-Matachewan Ni-Cu-PGE Prospect, near Matachewan, Ontario, Canada (checked Oct 2, 2026; recheck due Mar 31, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

5.9/10
Weaker profileStronger profile
5.9/10 vs.
Price Chart
$0.029$0.05$0.039$0.046$0.074SepDecAprJulOct
Sep 22, 2025 – Oct 15, 2026
$0.074
+158.8%from low-13.7%from high
$0.029$0.086
$3.5M
Far belowFar above
$3.5M vs. $10.8M peer median
Price (USD - Local)
US$0.074 (CAD 0.11)
Cash Position (USD)
$157.5K
Far belowFar above
$157.5K vs. $1.7M peer median
Debt (USD)
$0
Far aboveFar below
$0 vs. $0 peer median
$3.4M
Far belowFar above
$3.4M vs. $10.1M peer median
47.4M
Far aboveFar below
47.4M vs. 153M peer median
Jurisdiction
Canada
-$74.3K
Far belowFar above
-$74.3K vs. -$2.2M peer median
-$0.002
Far belowFar above
-$0.002 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
3.6/10
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: 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 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% · 57% 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% · 26% here
  • Commodity
    Sub-score:
    4/10

    Primary commodity: Nickel

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

    Weight 4.5% · 17% 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
-1.7% since 2026-09-20 · -3.3% from peak

Your Rankings

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

Management Team

Chair of the Board of Azimut Exploration Inc. and President, Chief Executive Officer, Chairman and Director of Val-d'Or Mining Corporation (TSXV: VZZ, since Jun 2017); also President and CEO of Cleghorn Minerals Ltd. and Executive Chairman of International Prospect Ventures Ltd. B.Sc. Geology, Concordia University (1992); P.Geol., Ordre des géologues du Québec (2002). Geologist/prospector with 40+ years in mining; founded and led Golden Valley Mines Ltd. and founded and chaired Abitibi Royalties Inc., both acquired by Gold Royalty Corp. for ~$375M in 2021, and was instrumental in the ~$200M sale of Canadian Royalties in 2010. Former President of the Prospectors and Developers Association of Canada (2017-2019) and a PDAC member for 45 years. Sources: azimut-exploration.com/corporate/directors-and-management/directors/ and valdormining.com/company/management/.

Chief Financial Officer of Cleghorn Minerals Ltd. (TSXV: CZZ). B.A. in Administration from Universite du Quebec a Montreal (UQAM) and a member of the Ordre des comptables professionnels agrees du Quebec since 1998. Held the position of Senior Director at Raymond Chabot Grant Thornton, where she worked as an Auditor from 1996 to 2006. Over 20 years of accounting experience with expertise in consolidation, consolidation of foreign subsidiaries and foreign currency transactions specifically in the mining industry, and solid experience in management and financial reporting of public companies. Source: cleghornminerals.com/corporate/management/.

A Director of Cleghorn Minerals Ltd. (TSXV: CZZ). B.A., J.D. A Principal at Groia & Company Professional Corporation, a securities litigation firm in Toronto, and a bencher of the Law Society of Upper Canada. From 1985 to 1990 he was Associate General Counsel and then Director of Enforcement at the Ontario Securities Commission, joining Heenan Blaikie in 1990 to practice corporate and securities litigation as a partner until founding Groia & Company on January 1, 2000. Ranked among Canada's 500 Leading Lawyers in Lexpert Magazine since 2000. His cases have included Asbestos Corp., Atlas Cold Storage, Philip Services, YBM Magnex, the Glamis-Goldcorp arrangement and Canadian Tire; he led the team that defended John B. Felderhof in the ten-year OSC prosecution arising from the collapse of Bre-X Minerals Ltd. Source: cleghornminerals.com/corporate/directors/.

A Director of Cleghorn Minerals Ltd. (TSXV: CZZ). B.Sc. Honours Geology, University of Saskatchewan (1984); member of Professional Geoscientists Ontario since 2002. Over 30 years in mineral exploration in Canada, primarily Ontario. Was Vice President, Exploration and Corporate Secretary of Temex Resources Corp. until late 2015 when Temex was acquired by Lake Shore Gold, assisting with the transition of Temex assets and subsequent acquisitions by Tahoe Resources (2016) and Pan American Silver (2019). Continues as an independent consultant and sits on the boards of LaSalle Exploration (public) and Willeson Metals (private). Serves on the Board of Directors of the Prospectors and Developers Association of Canada, its Executive Committee, its Governance and Nominating Committee, and chairs its Human Resource Development Committee. Source: cleghornminerals.com/corporate/directors/.

A Director of Cleghorn Minerals Ltd. (TSXV: CZZ). Holds a Master's degree in finance and capital markets and has been active in the mining industry since 2004, primarily in financing, company structuring and project sourcing. Over the last decade has acted as a management consultant for companies with exploration operations in multiple jurisdictions, and has built relationships within the European investment community over two decades. Fluent in German, English and Portuguese. Source: cleghornminerals.com/corporate/directors/.

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

Cleghorn Minerals holds the Meech Lake-Matachewan nickel-copper-PGE property near Matachewan in north-eastern Ontario, subject to a 3% net smelter return royalty retained by a prior vendor. In July 2026 it acquired the Rocco copper prospect, 73 claims covering 4,156 ha in the Gaspe region of eastern Quebec, a porphyry copper-skarn target about 100km north of Port-Daniel, and it closed a non-brokered private placement the same month. No NI 43-101 resource has been estimated on either property.