Mackay Gold & Silver Corp.
Mackay Gold & Silver Corp. (formed via an April 2026 business combination with Toro Silver Corp.) claims the first district-scale land consolidation in the 150+ year history of Nevada's Comstock District, which historically produced roughly 8.2 million oz gold and 192 million oz silver (1859-1926). The company controls over 7km of strike along the Comstock Lode and Occidental-Brunswick Lode trends and began an inaugural 20,000m drill program in 2026 targeting near-surface oxide gold and deeper high-grade zones, backed by an unusually large ~US$62M go-public treasury from an April 2026 financing.
Lifecycle Milestones
Jurisdiction (40%)9/10
Nevada: Fraser PPI 2025 is 100.00 of 100 (rank 1 of 68), which maps to 9 on this site's scale. Nevada is consistently ranked among the world's best mining jurisdictions (Fraser Institute); stable US rule of law.
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 Comstock District Project, Nevada (checked Sep 26, 2026; recheck due Mar 25, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Rochester (Coeur Mining, Inc.), 168 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
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: 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 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:1.1/10
Nearest producing mine: Rochester (Coeur Mining, Inc.), 168 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 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% · 31% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% 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 Executive Officer and Director of Mackay Gold & Silver Corp., leading the company's strategic direction and discovery initiatives in the Comstock District, Nevada; also Executive Chairman of Onyx Gold Corp.
Chief Financial Officer of Mackay Gold & Silver Corp., managing financial operations and corporate strategy for the exploration company; also Chief Financial Officer of Onyx Gold Corp. and Chief Financial Officer & Corporate Secretary of Carlin Gold Corporation.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Mackay Gold & Silver is very newly listed (April 2026) with an overwhelmingly retail shareholder base. No producer, specialist fund, or insider buying signal was found in available sources.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Mackay Gold & Silver, formed through an April 2026 business combination with Toro Silver, has consolidated a 100%-owned land position in Nevada's historic Comstock District, which produced about 8.2 Moz of gold and 192 Moz of silver between 1859 and 1926. It controls more than 7 km of strike along the Comstock Lode and Occidental-Brunswick Lode trends and has no mineral resource yet. Its first 20,000 m drill programme began in 2026 with a reverse-circulation rig in mid-June and a core rig from 20 August, and the first seven holes, released in September 2026, nearly doubled the strike length of gold-silver mineralization at Occidental South to about 550 m.