JUNIORMETRICS

Winshear Metals Corp.

WINS·US$0.053 (CAD 0.075)·US$3.7M cap
Nickelalso:Portsoy Nickel-Copper-Cobalt Project (Aberdeenshire, Scotland; option to earn 100%); also the Thunder Bay Gold Project (Ontario, Canada; option to earn 100%) Map

Winshear Metals Corp. (TSXV: WINS; formerly Winshear Gold Corp.) is a Canadian exploration company whose focus is the 250 km2 Portsoy nickel-copper-cobalt project in Aberdeenshire, Scotland, where it can earn a 100% interest from Peak Nickel Limited by spending £3 million over five years and issuing 6.5 million shares. A 2026 Phase 1 drill program and downhole electromagnetic survey at the Rodburn target were followed by metallurgical testwork that produced marketable copper and nickel concentrates, and in August 2026 it reported hole RBD029 at 8.15 m grading 0.77% nickel, 1.14% copper and 0.05% cobalt, extending high-grade mineralization 100 m down-dip. It also holds an option to earn 100% of the 360 km2 Thunder Bay Gold Project northeast of Thunder Bay, Ontario, where regional till sampling has outlined gold targets such as the 6 km Inflection Target. No mineral resource has been estimated on either project.

Notable vs. Peers

  • Trading within 5% of its 52-week low — weak recent price momentum.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production

Combined view across 2 projects. Figures below are only combined where the underlying basis genuinely matches -- see the notes under each.

Combined resource
—
No project has a disclosed resource figure yet
IRR, per project
—
No project has a disclosed IRR yet
Mine life, per project
—
No project has a disclosed mine life yet
Not yet researched
Weak track recordStrong track record
Not yet researched
Thin runwayWell-capitalized
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
6.6/10
Harder place to buildEasier place to build
6.6/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    United Kingdom: scored 9 in line with the other UK companies on this site (Cornish Metals, Anglesey Mining and Western Gold Exploration). Winshear's stated focus, the Portsoy nickel-copper-cobalt project in Aberdeenshire, Scotland, sets the country although it is held under an option; its Thunder Bay gold project in Ontario is named as context and not blended into the score.

  • 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 Portsoy Nickel-Copper-Cobalt Project (option to earn 100%), Aberdeenshire, Scotland, United Kingdom (checked Oct 7, 2026; recheck due Apr 5, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

Not yet researched
Weaker profileStronger profile
Price Chart
$0.086$0.072$0.108$0.065$0.053AugDecMarJulOct2
Aug 12, 2025 – Oct 20, 2026
News
$0.053
+8.9%from low-62%from high
$0.049$0.14
See who ↓
10.1%
Low alignmentHigh alignment
10.1% vs.
See who ↓
0%
Low alignmentHigh alignment
0% vs.
$3.7M
Far belowFar above
$3.7M vs. $11.4M peer median
Price (USD - Local)
US$0.053 (CAD 0.075)
Cash Position (USD)
Debt (USD)
$0
Far aboveFar below
$0 vs. $0 peer median
$3.7MEstimated: no verified cash figure (counted as $0)
Far belowFar above
$3.7M vs. $10.3M peer median
69.5M
Far aboveFar below
69.5M vs. 153M peer median
Jurisdiction
United Kingdom
Grassroots/early-stage exploration, no active mine
10.1%
0%100%
10.1% vs. 6.1% peer median
0%
0%100%
0% vs. 0.3% peer median
-$1.6M
Far belowFar above
-$1.6M vs. -$2.2M peer median
-$0.023
Far belowFar above
-$0.023 vs. -$0.016 peer median

Acquisition Susceptibility

How this is calculated
3.6/10
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 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 deal
    Sub-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 stake
    Sub-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 mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-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% · 57% here
  • Jurisdiction
    Sub-score:
    9/10

    United Kingdom: jurisdiction score 9/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    4/10

    Primary commodity: Nickel

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% 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.

Overall Score Trend

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

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 

Management Team

CEO and Director of Winshear Metals Corp. Professional Geologist (B.Sc Hons Geology, Portsmouth University; M.Sc Mineral Exploration, Queen's University). Served as CEO of Cornish Metals (TSX-V/AIM:CUSN, formerly Strongbow Exploration) for 9 years until March 2024. 30+ years' mining and mineral exploration experience, principally in southern Africa and south/Central America.

President and Director of Winshear Metals Corp. Professional Geoscientist and Mining Executive with 38+ years' experience in mineral exploration, mine development and corporate management; played integral roles in the discovery of Santo Domingo Sur (Chile), Diavik Diamonds (NWT) and Milestone Potash (Sask).

Chairman and Director of Winshear Metals Corp. Businessman active in the formation, growth and financing of numerous mining and oil & gas companies since 1981, including Startech Energy, Wellco Energy Services and First Silver Reserve; former Chairman & CEO of North American Tungsten Corporation Ltd. for 20+ years.

Chief Financial Officer of Skeena Resources Limited (Skeena Gold + Silver) since Jul 2016; also a director of Winshear Metals Corp. Chartered Professional Accountant (CPA, CA); BSc (Hons, Physics), University of British Columbia. 25+ years of leadership in publicly listed exploration and mining companies. Career: began at PricewaterhouseCoopers; held concurrent/sequential CFO and Corporate Secretary roles at FireFox Gold Corp. (founder, 2005-2020), Winshear Metals Corp. (2007-2021), Coast Copper Corp. (2011-2017) and Helio Resource Corp., plus CFO of the Canadian Cancer Society, immediately before Skeena Resources.

CFO of Winshear Metals Corp. Chartered Professional Accountant (CA) and CFA charterholder; Bachelor of Mathematics and Masters in Accounting, University of Waterloo. Previously Corporate Treasurer at Sandstorm Gold Ltd.; CFO at Pathway Capital Ltd. managing several private/public mining companies.

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

Winshear signed an arms-length earn-in agreement with Peak Nickel Limited, a private UK-registered company, on the Portsoy Project in August 2025 -- Peak Nickel's status as a producer or major could not be confirmed, so this is not credited. Several private placements have raised between $500,000 and $2.5 million historically, but no investor names were disclosed. No named specialist fund holds a confirmed position, and there are no insider trading records in our data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Winshear Metals focuses on the 250 km2 Portsoy nickel-copper-cobalt project in Aberdeenshire, Scotland, where it can earn 100% from Peak Nickel by spending £3 million over five years and issuing 6.5 million shares. Its 2026 Phase 1 drill program at the Rodburn target was followed by metallurgical testwork that produced marketable copper and nickel concentrates, and in August 2026 hole RBD029 returned 8.15 m grading 0.77% nickel, 1.14% copper and 0.05% cobalt, extending high-grade mineralization 100 m down-dip. It also holds an option to earn 100% of the 360 km2 Thunder Bay gold project in Ontario. No mineral resource has been estimated on either project.