JUNIORMETRICS

Halcones Precious Metals Corp.

HPM·US$0.032 (CAD 0.045)·US$8.4M cap
Goldalso:Polaris Gold Project (Antofagasta Region, Chile) Map

Halcones Precious Metals Corp. (TSXV: HPM) explores for gold and silver in Chile. Its focus is the Polaris gold-silver project in the Antofagasta Region, about 150 km south of Antofagasta, which it holds under a binding option from the concession owner, Austral Exploraciones SpA; the option requires 2,000 m of drilling, a deadline extended in August 2026 to 30 April 2027 for a US$50,000 payment. Drilling is waiting on surface access: Halcones started proceedings in the Civil Court of Taltal in October 2025 for an easement, the court-appointed expert filed her compensation valuation in September 2026, and the company is awaiting the court's decision. It withdrew from an option on the Carachapampa project in April 2024. No resource has been estimated at Polaris.

Notable vs. Peers

  • Financials score of 1.5/10 is weaker than the peer average of 5.3/10.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
Prior Ownership & Infrastructure
Road Access1 of 4 checked, 1 in place

Not yet determined: mill, tailings facility, grid power.

5.4/10
Weak track recordStrong track record
5.4/10 vs.
1.5/10
Thin runwayWell-capitalized
1.5/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
6.8/10
Harder place to buildEasier place to build
6.8/10 vs.
What goes into it
  • Jurisdiction (40%)8/10

    Antofagasta Region, Chile -- Tier-1 Latin American mining jurisdiction with a long, stable mining track record.

  • Infrastructure (40%)6.4/10

    Confirmed road access at Polaris Gold Project, Antofagasta Region, Chile; 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 project coordinates on file yet, so distance to a producing mine can't be measured.

4.7/10
Weaker profileStronger profile
4.7/10 vs.
Price Chart
$0.036$0.032$0.036$0.022$0.028AugDecMarJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.032
+82.5%from low-49.3%from high
$0.018$0.063
See who ↓
8.3%
Low alignmentHigh alignment
8.3% vs.
See who ↓
0%
Low alignmentHigh alignment
0% vs.
$8.4M
Far belowFar above
$8.4M vs. $22.1M peer median
Price (USD - Local)
US$0.032 (CAD 0.045)
Cash Position (USD)
$63.7K
Far belowFar above
$63.7K vs. $3.4M peer median
Debt (USD)
$33.6K
Far aboveFar below
$33.6K vs. $0 peer median
$8.4M
Far belowFar above
$8.4M vs. $19.4M peer median
263.8M
Far aboveFar below
263.8M vs. 153.6M peer median
Jurisdiction
Chile
Grassroots exploration, no active mine
8.3%
0%100%
8.3% vs. 12.1% peer median
0%
0%100%
0% vs. 3.3% peer median
-$465.7K
Far belowFar above
-$465.7K vs. -$3.3M peer median
-$0.002
Far belowFar above
-$0.002 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
4.3/10
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:
    8/10

    Chile: jurisdiction score 8/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% 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% · 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
-47.8% since 2026-08-26 · -47.8% from peak

Your Rankings

Community Sentiment
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CategoryCommunityYour Ranking
Overall— (0) 
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Financials— (0) 
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Management Team

Chief Executive Officer and Director of Halcones Precious Metals Corp., appointed effective February 1, 2023, succeeding Paul Pint. Spent 16 years as a sell-side mining analyst, with earlier industry experience at Falconbridge and Noranda.

Interim Chief Executive Officer and a Director of Nobel Resources Corp. (TSXV: NBLC), and concurrently Chief Operating Officer and a Director of Halcones Precious Metals Corp. P.Geo. Over forty years of experience in exploration, project management and development, of which the last twenty-five have been in South America, principally Peru, Chile and Argentina. Spent 20 years as exploration manager and senior geologist for Noranda Inc. in Canada and South America, was general manager of Noranda's Peru office and project manager of the El Pachon porphyry Cu-Mo project in Argentina. Has consulted on numerous base and precious metals projects including as Vice President Exploration for Zincore Metals Inc., where he was responsible for the exploration and feasibility studies of two zinc deposits and the discovery of the Dolores Cu-Mo porphyry in Peru. More recently COO of Royal Road Minerals Ltd., exploring for gold in Colombia and Nicaragua. Holds a Bachelor of Science in geology. Sources: nobel-resources.com/company/management/ and /company/board-of-directors/.

Chief Executive Officer of Western Metallica Resources Corp. and Chief Financial Officer of Halcones Precious Metals Corp.; also Chief Financial Officer of Nobel Resources Corp. A shared-services CFO who also serves Northern Superior Resources Inc. (since 2023), Coastal Gold Corp. (since 2007), Consolidated Uranium Inc. (since 2020), Emerita Resources Corp. (since 2014), and Latitude Uranium Inc. (since 2021). Certified General Accountant and Certified Professional Accountant with a Bachelor of Administration from Lakehead University and over 23 years of resource-sector experience in corporate development, financial management and cost control.

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
1/10

No institutional or strategic holder is on record, and no priced insider transactions of any kind were found in the last two years. A real check that found nothing.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Halcones Precious Metals explores for gold and silver in Chile. Its focus is the Polaris gold-silver project in the Antofagasta Region, which it holds under a binding option from the concession owner, Austral Exploraciones, with a 2,000 m drilling requirement now due by 30 April 2027. Drilling is waiting on surface access, and in September 2026 the court-appointed expert filed her compensation valuation with the Civil Court of Taltal, which is expected to rule on the easement. No resource has been estimated at Polaris.

No reports or presentations linked yet.