Valiant Gold Limited
Valiant Gold Limited was demerged from Westgold Resources and listed on the ASX on March 26, 2026 via an oversubscribed A$75 million IPO, taking 100% ownership of the Reedy and Comet gold projects in WA's Murchison region. The projects comprise four historic underground mines with over 1 million oz of combined past production (Reedy ~820koz at 3.8 g/t, Comet ~257koz at 2.77 g/t) placed on care and maintenance by Westgold in 2023, and currently host a combined 1.2 million oz JORC Mineral Resource (15.6Mt at 2.4 g/t).
Lifecycle Milestones
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.
Trend data collecting — check back after a few more refreshes.
Your Rankings
Management Team
Managing Director and CEO of Valiant Gold Limited. Mining executive/engineer, graduate of the Western Australian School of Mines (WASM); held senior operational/leadership roles including at Mincor Resources NL's Kambalda operations; leading restart/drilling activities at the Comet and Reedy gold projects (Murchison region, WA) following Valiant's 2026 demerger from Westgold Resources and IPO (~A$75M raised). [Lower confidence: company's own IR site returned HTTP 429 on every attempt this session; sourced via secondary press coverage of the company's own ASX announcements. No CFO, Company Secretary or VP Exploration could be confirmed for this newly-listed company from any available source -- deliberately not written pending direct verification.]
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Valiant Gold was spun out of operating gold producer Westgold Resources, which retains a 44.4% escrowed equity interest. Franklin Resources also became a substantial shareholder in August 2026 with an initial stake just over 5%.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Reedy & Comet Gold Projects (Murchison, WA): demerged from Westgold Resources into standalone Valiant Gold (ASX-listed 2026, A$65-75M IPO). Four former underground mines with a cumulative reported mineral resource of 15.6 Mt at 2.4 g/t for 1.2 Moz gold and combined historical production exceeding 1 Moz -- but available sources this pass gave only the all-categories total, not the Measured+Indicated breakdown this repo's ouncesFound field requires, so it is left null rather than populated with an unverified category split. Comet underground mine has been re-entered and mining studies/contractor tenders are underway (targeted Jun 2026) ahead of a planned production restart; no PEA/DFS economics (NPV/IRR/mine life/AISC) published yet as of this pass.