Peloton Minerals Corp.
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CAD
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Peloton Minerals Corp.
CSE:PMC
(Canadian Securities Exchange)
Recent
price
0.07
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div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Peloton Minerals Corporation is a mineral exploration company primarily engaged in the acquisition, exploration, and development of mineral resource properties in Nevada and Montana, United States. The company’s core portfolio includes the North Elko Lithium Project in northeastern Nevada, which is prospective for lithium, uranium, critical and rare earth elements; the Golden Trail and Independence Valley Carlin-style gold exploration projects in northeastern Nevada; and a non-controlling interest in a copper porphyry project near Butte, Montana. Peloton focuses on exploring for lithium, gold, uranium, copper, rare earths, and molybdenum deposits. Founded as Montana Gold Mining Company Inc. and rebranded to its current name in 2016, Peloton is headquartered in Canada and trades on the Canadian Securities Exchange (CSE: PMC) and the US OTC QB Market (OTCQB: PMCCF). Recent major changes include a strategic shift emphasizing lithium exploration, particularly at its North Elko Lithium Project where the company expanded its land holdings from 44 to 442 mineral claims covering approximately 37 square kilometers following a significant adjacent lithium discovery by Surge Battery Metals in 2023. In 2024 and 2025, Peloton conducted extensive surface exploration programs, including soil geochemistry, mapping, geophysics, and hyperspectral analysis, identifying lithium-bearing clay deposits and other critical minerals. The company successfully closed a non-brokered private placement financing in late 2025, raising approximately $900,000 to fund lithium exploration and an upcoming maiden drilling program planned to commence imminently at North Elko using low-disturbance air core drilling methods. Peloton’s recent operational focus and financing highlight its commitment to advancing lithium exploration projects in a strategic mining-friendly jurisdiction, with ongoing gold and copper exploration projects maintained alongside lithium efforts. This positions Peloton as a junior exploration company advancing critical mineral resource development in North America.
Company News
Peloton Closes a Second Tranche of Financing Bringing the Total to $1,442,249.91
CEO.CA Insights: Exclusive Interviews from THE Mining Investment Event 2026
CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026
THE Mining Investment Event Announces 2026 Issuers and Welcomes New and Returning Partners
Re-Grant of Expired Options
Grant of Stock Option
Notice of Private Placement Grant of Stock Options and Share Appreciation Rights Units
Private Placement