Chibougamau Independent Mines Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jack Stoch
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 86, 14th Street Rouyn-Noranda QC Canada J9X 2J1
- IPO Date
- Aug 21, 2013
- Website
- chibougamaumines.com
- Similar Companies
- Business
- Chibougamau Independent Mines Inc. is a Canada-based mineral exploration and development company focused on reviving production in the historic Chibougamau gold-copper mining camp in northwestern Quebec; it explores for copper, gold, zinc, silver, iron, titanium, and vanadium deposits across approximately 12 properties totaling over 11,000 hectares, including Berrigan Mine and Berrigan South (zinc-gold-silver), Bateman Bay (copper-gold C-3 Zone), Grandroy (gold-copper), Lac Simon, Kokko Creek, Baie Malouf, Antoinette, Elaine Lake, Gwillim, Ile Marguerite (talc), Mont Sorcier (iron-titanium-vanadium royalty interest), and extensions of past producers like Portage/Henderson Mines and Tommy/K Zones. The company, founded in 2010 and headquartered at 86 14th Street in Rouyn-Noranda, Quebec, holds NI 43-101 compliant reports on key assets such as Berrigan and Lac Chibougamau properties, with historical drilling confirming high-grade mineralization including zinc up to 17.75%, gold up to 19.71 g/t, silver up to 289.2 g/t, and copper-gold zones extended to over 500 metres vertical depth. Recent developments include the September 2025 amendment to its option agreement with TomaGold Corp., under which TomaGold can acquire 100% interest in the West Block properties (Berrigan South, Berrigan Mine, Antoinette, Elaine Lake, Gwillim) for $2.7 million in cash payments (with $300,000 already received), $1.85 million in shares (9 million issued to date), and $5.6 million in exploration expenditures over six years; termination of TomaGold's East Block option in August 2024; ongoing advancement of the Mont Sorcier iron-vanadium royalty property with partner Cerrado Gold (formerly Voyager Metals), including a November 2025 update on higher throughput feasibility, July 2025 work progress, December 2024 bankable feasibility study plans, and TD Bank as lead arranger in 2023; plus November 2025 reports of CEO Jack Stoch acquiring warrants.
Update on Drilling on Chibougamau's Berrigan Mine Asset
Drilling Resumes on Berrigan Zinc, Gold, Silver Property under Option from Chibougamau Independent Mines
Initial Drill Holes Returned Zn, Ag and Au Over Wide Widths on Chibougamau Independent Claims Optioned to TomaGold
Cerrado States that Mont Sorcier Feasibility Contemplates a Higher Through-put Rate by 60%
Mont Sorcier Project Making Good Progress
Work Advancing on Chibougamau's Mont Sorcier Iron/Vanadium Royalty Property
Chibougamau Extends Several Conditions of the West Block Option
Bankable Feasibility Study in The Cards for Mont Sorcier Iron Deposit
Termination of TomaGold's Option for the Acquisition of Chibougamau's East Block
Chibougamau Independent Mines, East Block Transaction
East Block Acquisition Term Extended
TD Bank Appointed Lead Arranger, Mont Sorcier Project
More Progress at Chibougamau Independent's Mont Sorcier Iron-Vanadium Royalty Project
TomaGold Makes Cash and Share Payments
TomaGold Corporation Receives Approval for Option of Chibougamau Independent's West Block and LOI on East Block
Chibougamau Independent Mines Option of West Block Property to TomaGold Corporation
Chibougamau Independent Mines Options West Block Property to TomaGold Corporation