Opportunity

The Avid Gold Opportunity

622,332 oz

of NI 43-101 independently verified in-ground gold today.

57,000+ acre portfolio

including 3 past-producing gold mines in Canada’s historic gold mining regions.

$22 Million

of prior investment in gold exploration over the past two decades.

Executive Summary

All-Time High Gold Spot Prices
  • Despite growing demand and higher prices for gold, global gold mine production has been broadly flat around 3,650–3,700 tonnes per year since 2018.
  • Lack of major discoveries means junior gold explorers carry the pipeline of future gold production.
  • Gold spot price increased 2.5x between 2020 and 2025, +55% in 2025, and +$1,100 in January 2026 alone.
  • Gold supply constraints coupled with increasing demand saw gold prices rise to an all-time high of $5,589/oz in January 2026.
  • Goldman Sachs predicts $5,400/oz by December 2026; Wall Street investment banks upgrading forecasts.
Accessible Gold in Tier 1 Jurisdiction
  • Control of significant, fully licensed mineral claims in safe, secure Canada (tier 1 jurisdiction) with excellent infrastructure and access already in place. 
  • 622,232 oz of NI 43-101 independently verified in-ground gold with grading of
    4.1 grams per tonne (g/t) – 8.4 g/t.
  • Flagship properties positioned along
    high-grade, gold-bearing quartz veins with open-pit and underground scenarios.
  • Located within the Meguma Formation and Canadian Gold Camp, Canada’s earliest gold-producing regions.
  • $22 Million of investment in gold exploration over the past two decades.
622,332 oz of Gold with Expansion Potential

Elmtree: 217,567 oz of NI 43-101 Indicated + Inferred gold at 4.1 g/t which is near-surface. 2010 Preliminary Economic Assessment (PEA) produced 63% IRR when the gold price was $1,100/oz (vs. ~$4,750/oz today). Advanced asset with potential to increase resource in near-term and/or move to next stage. 

Goldenville: over 200,000 oz have been mined. 310,000 oz of Inferred gold at 4.1 g/t in open-pit and underground domains. 16,450 metres diamond drilling program over 3 phases planned.

Caribou: over 100,000 oz have been mined. 94,765 oz of Inferred gold at 8.4 g/t in multiple mineralization styles. 2,000 metres diamond drilling program planned.