- CEO
- Thomas John Obradovich
- Full Time Employees
- 1
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 55 University Avenue Toronto ON Canada M5J 2H7
- IPO Date
- Sep 14, 2009
- Business
- Conquest Resources Limited is a mineral exploration company focused on the discovery and development of high-grade base metal and precious metal deposits in Ontario, Canada. Incorporated in 1945 and headquartered at 55 University Avenue, Suite 1805, Toronto, Ontario, the company explores for gold, copper, nickel, lithium, uranium, palladium group elements and other base and precious metals through its principal projects including the flagship Belfast-TeckMag property comprising 1,390 mining claim cells and 5 mining leases covering approximately 32,197 hectares in the Temagami Mining Camp at Emerald Lake northeast of Sudbury; the Alexander Gold property situated east of Evolution Mining's Red Lake and Campbell mines along the Mine Trend regional structure in the Red Lake Gold Camp; the Smith Lake Gold property consisting of 6 patented mining claims and 181 mining claims spanning 2,915 hectares in the Missanabie-Goudreau Greenstone Belt adjacent to the former Renabie gold mine; and the Lake Nipigon Basin property targeting uranium and Ni-Cu-PGE mineralization south of Black Sturgeon Lake. The Belfast-TeckMag project, which incorporates the Belfast Copper, TeckMag, Golden Rose, DGC and JPC properties, targets magmatic sulphide Cu-Ni-PGE deposits, volcanic massive sulphide systems, iron oxide-copper-gold systems, iron formation hosted gold and paleo-placer gold, with historical production of approximately 52,000 ounces of gold from the Golden Rose mine between 1915 and 1988. In recent developments, the company received C$730,549 from VDI Resources LLC, a VerAI Discoveries Inc. subsidiary, on September 11, 2024, to fully fund a 3,000-metre diamond drill program on AI-generated targets at Belfast-TeckMag, completing 3,009 metres across 8 holes by November 2024 with assays pending; entered a Royalty Purchase and Sale Agreement with VDI in April 2024 granting a 1.5% net smelter return royalty on specified target areas in exchange for up to 5 AI-defined drill targets; completed a 3,549-metre drill program with VerAI identifying a potential copper-zinc-gold volcanic massive sulphide system at the Eaglerock target; held its annual and special shareholder meeting on June 12, 2025, re-electing directors John F. Kearney, Jamie Levy, Terence McKillen, Tom Obradovich and Peter Palframan; granted 4,000,000 incentive stock options in 2024 representing 2.95% of issued shares to directors, officers and consultants; maintains a prior option agreement with Atha Energy Corp. since July 2022 for up to 100% interest in portions of Golden Rose involving cash payments, share issuances and a 1% NSR to Conquest; and reviews its 100% owned Ontario gold projects including a 70% interest in King Bay for potential winter 2025-2026 exploration, sales, options or joint ventures. Operations emphasize advanced techniques such as AI targeting, airborne geophysical surveys and partnerships with Temagami First Nation and Teme Augama Anishnabai, with TSX Venture Exchange listing under CQR and OTCQB under CQRLF.