JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

McFarlane Lake Mining Limited

MLM·$0.28·$146.5M cap
GoldJuby Gold Project, Gowganda, Ontario Map

McFarlane Lake Mining's flagship Juby Gold Project sits in Ontario's Abitibi Greenstone Belt near Gowganda, hosting a September 2025 NI 43-101 resource of 1.01 million ounces of indicated and 3.17 million ounces of inferred gold across a strike length now extended to 1.9 kilometres, alongside the company's 100%-owned McMillan, Mongowin, and Michaud/Munro gold properties elsewhere in Ontario.

Notable vs. Peers

  • Financials score of 3.1/10 is weaker than the peer average of 6.6/10.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
3.1/10
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
4/10
Weaker depositStronger deposit
6.5/10
Weaker profileStronger profile
Price Chart
$0.284$0.284$0.284$0.284$0.284JulAugAugAugSep3
Jul 30, 2026Sep 4, 2026
News
$146.5M
Far belowFar above
$29.1M median
Price (USD - Local)
$0.28 - CAD 0.40
Cash Position (USD)
$6.7M
Far belowFar above
$11.8M median
Debt (USD)
$12.2M
Far aboveFar below
$0 median
$152M
Far belowFar above
$26.9M median
515.8M
Far aboveFar below
172.1M median
Jurisdiction
Canada
1,010,000 oz
Far belowFar above
1.3M median
$150.45/oz
Far aboveFar below
$158.80/oz median
0.0286 oz/tCut-off: 0.25 g/t Au (Mineral Resource cut-off, open pit); 1.85 g/t Au (Mineral Resource cut-off, underground)
Far belowFar above
0.04 oz/t median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
33 kmfrom Alamos Gold Inc.'s Young-Davidson
Within regional-platform range (~50km)
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
6.3/10
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 the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+6.6% since 2026-07-30 · -4.4% from peak

Your Rankings

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Management Team

President and Chief Executive Officer of McFarlane Lake Mining Limited. 30+ years of mining and metals processing experience; former senior executive at Falconbridge and Xstrata Nickel, and has led two other public mining companies.

CFO and Corporate Secretary of McFarlane Lake Mining Limited. 25+ years in the resource industry; VP Finance for Goldcorp, VP Controller for Kinross, and CFO for Consolidated Thompson Iron Mines.

Manager Exploration at McFarlane Lake Mining Limited. 15+ years of gold exploration management experience; also with Inventus Mining.

Senior Geologist at McFarlane Lake Mining Limited. MSc; 15 years of Abitibi Greenstone Belt gold exploration experience; previously with Glencore and other exploration firms.

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

Michael Gentile, described in his own press coverage as a 'leading strategic junior mining investor' with top-five stakes in over 20 small-cap mining companies, subscribed for C$6.35 million of cash in a June 2026 private placement, taking his stake to just under 10%.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.