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

Route 109 Resources Inc.

RTE·$0.06·$1.1M cap
Goldalso:King Tut Property (Ligneris/Celoron Townships) and Dunlop Bay Property (near Matagami), Quebec Map

Route 109 Resources Inc. (TSXV: RTE; formerly BMEX Gold Inc., renamed October 2024), incorporated 2017 and based in Vancouver, explores for gold and base metals in Quebec, Canada. It holds 100% interests in the King Tut property (120 claims, ~5,333 hectares, Ligneris/Celoron townships) and the Dunlop Bay property (76 claims, ~4,226 hectares, near Matagami). A May 2025 drill hole at the Dunlop Bay West showing (BD-25-37) intersected 5.05m of semi-massive to disseminated sulphides grading 1.03% Cu, 1.28 g/t Au, 4,947ppm Mo and 6.58 g/t Ag from 55.10-60.15m -- a historic, non-NI-43-101-compliant intercept indicating a copper-gold-molybdenum-silver system atypical for the Matagami camp. No resource estimate has been published; ouncesFound left null.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
Weak track recordStrong track record
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
Not enough info
Weaker depositStronger deposit
Not enough info
Weaker profileStronger profile
Price Chart
$0.068$0.086$0.104$0.079$0.058AugNovFebJunSep
Aug 12, 2025Sep 4, 2026
News
$0.06
+23.7%from low-55.3%from high
$0.05$0.13
See who ↓
2.6%
Low alignmentHigh alignment
See who ↓
0%
Low alignmentHigh alignment
$1.1M
Far belowFar above
$29.1M median
Price (USD - Local)
$0.06 - CAD 0.08
Cash Position (USD)
This company's data hasn't been researched yet
Debt (USD)
This company's data hasn't been researched yet
$1.1M
Far belowFar above
$27.1M median
16.8M
Far aboveFar below
173M median
Jurisdiction
Canada
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
N/A -- grassroots exploration, no active mine
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
2.6%
0%100%
19.3% median
0%
0%100%
3% median
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
4.6/10
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 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

Trend data collecting — check back after a few more refreshes.

Your Rankings

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Management Team

Corporate Secretary of Lahontan Gold Corp. Securities/corporate-commercial lawyer, managing partner of Irwin Lowy LLP since January 2010.

Director of Route 109 Resources Inc.

Director of Route 109 Resources Inc., appointed as the company's third independent director.

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 producer, strategic investor, or resource-specialist fund holds a disclosed stake, and no insider trading activity has been filed in the last six months.

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.

Recent News