- CEO
- Marc E. Levy
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 329 Howe Street Vancouver BC Canada V6C 3N2
- IPO Date
- Mar 7, 2016
- Business
- Avarone Metals Inc. is a Canada-based exploration stage company focused on the acquisition, exploration, and development of precious metals and energy-based resource properties, including gold, silver, copper, zinc, lead, and lithium deposits; its principal projects encompass the Wildnest and Phantom Lake gold properties in Manitoba and Saskatchewan, Rushton Lake Gold, Bory's Lake, and Moab Lake lithium brine project. Founded in 1993 and headquartered in Vancouver, British Columbia, the company operates primarily in Canada with historical interests in other regions. Main products and services center on mineral exploration activities across these properties, targeting precious and base metals as well as energy minerals for potential future development and production. Recent major changes include the resignation of Chief Financial Officer Kulwant Sandher and President Marc Enright-Morin in December 2024, alongside ongoing efforts to secure additional financing amid exploration-stage operations and working capital deficiencies as reported in interim financial statements for periods ending April 30, 2025.