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

Seva Mining Corp.

SEVA·$0.32·$33.6M cap
GoldCameron Gold Project, Northwestern Ontario, Canada Map

Seva Mining Corp. (formerly Oronova Energy Inc.) is a Fiore Group-backed gold developer that acquired the Cameron Gold Project in northwestern Ontario from First Mining Gold for CAD$27.8 million, a transaction that closed 9 Mar 2026. The project carries a resource of 515,000 oz gold Measured & Indicated plus 740,000 oz gold Inferred. Seva held zero debt at the close of the acquisition.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
3.6/10
Weaker depositStronger deposit
7.5/10
Weaker profileStronger profile
Price Chart
$0.10$0.187$0.187$0.345$0.318AugNovFebJunSep
Aug 12, 2025Sep 4, 2026
News
$0.32
+241.2%from low-19.3%from high
$0.09$0.39
See who ↓
48%
Low alignmentHigh alignment
See who ↓
0%
Low alignmentHigh alignment
$33.6M
Far belowFar above
$29.1M median
Price (USD - Local)
$0.32 - CAD 0.44
Cash Position (USD)
This company's data hasn't been researched yet
Debt (USD)
Far aboveFar below
$0 median
$33.6M
Far belowFar above
$26.9M median
167.4M
Far aboveFar below
173M median
Jurisdiction
Canada
515,000 oz
Far belowFar above
1.3M median
$65.34/oz
Far aboveFar below
$158.80/oz median
Cut-off: 0.33 g/t Au (open pit) / 1.25 g/t Au (underground)
This company's data hasn't been researched yet
N/A -- resource-definition stage, 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
48%
0%100%
19.1% 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
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
+19% since 2026-08-10

Your Rankings

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Management Team

Chief Executive Officer of Seva Mining Corp. Former Premier of Yukon (January 2023-June 2025), previously holding cabinet posts including Deputy Premier and Minister of Energy, Mines & Resources; worked with Yukon First Nations to modernize mineral-resource management. Holds a Bachelor of Arts from King's College and comes from a multi-generational mining family. Seva Mining is part of the Fiore Group of Companies.

Chief Financial Officer of Argenta Silver Corp., a silver exploration company advancing the El Quevar Project. Argenta Silver's own corporate page publishes no biography for any of its officers; this entry records the role only.

Chair of the Board of Directors of Seva Mining Corp., having served as an independent director since the company's inception before being elevated to Chair. Over 40 years of finance, corporate strategy and executive leadership in mining; former CFO of Hecla Mining Company and Coeur Mining, and Executive VP-CFO of Coeur d'Alene Mines Corporation (2003-2008). Began his career as a CPA with PricewaterhouseCoopers.

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
6/10

First Mining Gold received a huge stake -- about 48% -- as payment for selling its Cameron gold project to Seva Mining in early 2026, and separately, the Fiore Group, a well-known Canadian mining-finance group that Seva describes itself as part of, owns roughly a fifth of the company. Two large, real, independently sourced positions -- one from an asset sale, one from a dedicated resource financier -- make this one of the strongest-backed companies in this batch.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

515,000 oz Au Measured + Indicated (this figure) plus 740,000 oz Au Inferred, Cameron Gold Project, per Seva/First Mining's disclosure at the 9 Mar 2026 acquisition close.