JUNIORMETRICS

Blue Jay Gold Corp.

JAYGF·JAY·US$0.55 (CAD 0.77)·US$26M cap
Goldalso:Steller Project (Yukon, Canada) Map

Blue Jay Gold Corp. (TSXV: JAY) is a Yukon-focused gold-silver explorer. Its flagship is the 100%-owned Steller Gold Project (formerly the Skukum Gold Project), a 170 km2 epithermal gold-silver property in southern Yukon roughly 55 km south of Whitehorse in the Whitehorse Mining District, with existing infrastructure from past production including a 270 tonne-per-day mill and a 50-person camp; the historic Mt. Steller Mine produced nearly 80,000 oz of gold at an average recovered grade of ~13 g/t Au (a historical, non-NI-43-101-compliant record, not treated as a resource here). STELLER CARRIES A current NI 43-101 mineral resource ESTIMATE. Per the company's own 26 January 2026 announcement and the supporting technical report 'Technical Report and Updated Mineral Resource Estimate of The Steller Gold Project, Whitehorse Mining District, Yukon Territory' (dated 26 Jan 2026, effective 31 October 2025, prepared by P&E Mining Consultants Inc., QP Eugene Puritch, P.Eng, FEC, CET), at a 3.0 g/t AuEq cut-off: Indicated 1,372 kt at 7.57 g/t Au and 127.2 g/t Ag (9.06 g/t AuEq) for 334,000 oz gold, 5,612,000 oz silver and 400,000 oz AuEq; plus Inferred 2,166 kt at 5.63 g/t Au and 70.1 g/t Ag (6.45 g/t AuEq) for 392,000 oz gold, 4,880,000 oz silver and 449,000 oz AuEq.

Notable vs. Peers

  • Financials score of 8.8/10 is stronger than the peer average of 5.3/10.

Lifecycle Milestones

Grassroots
Resource Def.Current
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.

3.1/10
Weak track recordStrong track record
3.1/10 vs.
8.8/10
Thin runwayWell-capitalized
8.8/10 vs.
How this is calculated
5.4/10
Weaker depositStronger deposit
5.4/10 vs.
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

    Yukon: Fraser PPI 2025 is 62.19 of 100 (rank 47 of 68), which maps to 8 on this site's scale. The Steller project is in Yukon's Skukum mining camp; the company also holds ground in Ontario. Yukon has Canadian rule of law, but mining executives rate its policy climate below Canada's leading provinces.

  • Infrastructure (40%)6.4/10

    Confirmed road access at Steller Project (Skukum Mining Camp), Yukon, Canada; 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 producing mine within 50 km in our reference list (nearest listed: Kensington (Coeur Mining, Inc.), 146 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
$0.56$0.488$0.562$0.579$0.541JunJulAugSepOct2
Jun 4, 2026 – Oct 20, 2026
Stage changeNews
$0.55
+27.9%from low-22%from high
$0.43$0.70
$26M
Far belowFar above
$26M vs. $21.9M peer median
Price (USD - Local)
US$0.55 (CAD 0.77)
Cash Position (USD)
$9.2M
Far belowFar above
$9.2M vs. $3.3M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$16.8M
Far belowFar above
$16.8M vs. $19.4M peer median
47.6M
Far aboveFar below
47.6M vs. 154.2M peer median
Jurisdiction
Canada
334,000 oz
Feeds Deposit Quality score
Indicated334,000 oz
Inferrednot scored392,000 oz
Total resource726,000 oz
Far belowFar above
334K oz vs. 1.3M oz peer median
Compares M&I only — Inferred isn't compared or scored.
$50.36/oz
M&I
Total resource (incl. Inferred)$23.17/oz
Peer median $68.74/oz
Far aboveFar below
$50.36/oz vs. $132.67/oz peer median
0.221 oz/tCut-off: 3.0 g/t AuEq
Far belowFar above
0.221 oz/t vs. 0.0379 oz/t peer median
Grassroots exploration, no active mine (past-producing historical infrastructure only)
0%
0%100%
0% vs. 12.1% peer median
146 kmfrom Coeur Mining, Inc.'s Kensington
Outside typical bolt-on range
-$2.7M
Far belowFar above
-$2.7M vs. -$3.3M peer median
-$0.057
Far belowFar above
-$0.057 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
3.9/10
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:
    1.8/10

    Nearest producing mine: Kensington (Coeur Mining, Inc.), 146 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:
    3.5/10

    Stage: Resource Definition

    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:
    8/10

    Canada: jurisdiction score 8/10

    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
-34.8% since 2026-08-26 · -34.8% from peak

Your Rankings

Community Sentiment
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Management Team

Chief Executive Officer of Blue Jay Gold Corp. Over two decades of experience as both an exploration geologist and a top-rated mining equity analyst.

Chief Financial Officer of iMetal Resources Inc. (TSXV: IMR), appointed as announced 31 August 2026; also Chief Financial Officer of Riverside Resources Inc., Capitan Silver Corp., Outcrop Silver & Gold Corporation, Blue Jay Gold Corp., Bullfrog Gold Corporation, Electric Royalties Ltd and ValOre Metals Corp. CPA, CA and CFA charterholder with more than 25 years of experience in accounting and corporate compliance, corporate finance, and merchant and commercial banking, including the past 18 years as a senior officer and director of a number of TSX Venture Exchange-listed issuers. During that time has helped raise more than $250 million in equity, with extensive experience in initial public offerings, reverse takeovers, corporate restructurings, mergers and acquisitions and cost-effective operations management. Founder and President of Corex Management Inc. Current and past management positions include Capitan Silver Corp. (TSXV: CAPT), Blue Jay Gold Corp. (TSXV: JAY), Riverside Resources Inc. (TSXV: RRI), Outcrop Silver & Gold Corporation, Electric Royalties Ltd, Bullfrog Gold Corporation and Great Bear Resources Ltd. (acquired by Kinross Gold Corporation in 2022 for approximately C$1.8 billion).

Chairman of Blue Jay Gold Corp., appointed February 11, 2026, succeeding founding Chairman John-Mark Staude.

President and CEO of Riverside Resources Inc. (PhD Economic Geology, University of Arizona, 1995; MSc, Harvard University, 1989) 20+ years of diverse mining and exploration experience, with extensive Latin America mineral-resource experience beginning in Mexico and success creating shareholder value through gold and copper discoveries in Mexico, Peru, and Turkey; also a director of Blue Jay Gold Corp.

Over 20 years as a finance professional and recognized uranium expert; CEO of Premier American Uranium; also a director of Blue Jay Gold Corp. Previously 16 years as a top-ranked Mining Research Analyst at Haywood Securities. Appointed 13 April 2026.

Vice President Exploration of Canada One Mining Corp. (TSXV: CONE), and concurrently Vice President of Exploration at Riverside Resources Inc. and Blue Jay Gold Corp. P.Geo. A Qualified Person with over 20 years of experience in the exploration industry, working primarily in British Columbia, Ontario and Mexico, who has served as VP of Exploration and VP of Corporate Development with several junior explorers looking for base and precious metals in North and South America. Source: canadaonemining.com/management-and-board/.

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
2/10

Two insiders -- a senior officer and a director -- have been buying repeatedly on the open market through August 2026. Institutional ownership sits at 15.1% across two holders, but our data source does not disclose their names, so it is not credited here.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Blue Jay Gold owns 100% of the Steller gold project, formerly the Skukum project, a 170 km2 epithermal gold-silver property about 55km south of Whitehorse, Yukon, with infrastructure left from past production, including a 270 tonne-a-day mill and a 50-person camp. Its NI 43-101 resource, effective 31 October 2025, contains 334,000 oz of gold and 5,612,000 oz of silver in the indicated category (1,372 kt at 7.57 g/t gold and 127.2 g/t silver), plus 392,000 oz of gold inferred, and no economic study has been completed. On 31 August 2026 the company began a 10-hole drill program at the Becker-Cochran antimony occurrence, part of an 8km-wide antimony anomaly on the property, with metallurgical flowsheet testing under way, and drilling at Skukum Creek extended a high-grade zone at depth with 6.15 g/t gold over 14m.

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