- CEO
- Alfonso Gomez Rengifo
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 82 Richmond Street East Toronto ON Canada M5C 1P1
- IPO Date
- Feb 27, 2013
- Business
- Montauk Metals Inc. is an exploration-stage company engaged in the acquisition, exploration, and development of mineral resource properties primarily focused on gold deposits. The company targets properties with potential for economically recoverable precious and base metals reserves, including its former Vetas Project and Reina de Oro property in the Santander mining district of Colombia; it currently holds no active mineral exploration properties. Founded in 2012 and headquartered at 82 Richmond Street East in Toronto, Ontario, Canada, Montauk Metals previously known as Galway Gold Inc. until its name change in July 2023 operates in the basic materials sector serving mining industry stakeholders. In a major recent development, the company filed a corporate assignment into bankruptcy on November 20, 2025, pursuant to Canada's Bankruptcy and Insolvency Act following unsuccessful creditor settlements, with The Fuller Landau Group Inc. appointed as trustee; trading of its shares was suspended by the TSX Venture Exchange and cease trade orders issued due to missed 2024 financial filings. This insolvency stems from the prior expropriation without compensation of its Colombian gold property, which had delineated 224,900 ounces indicated at 10.5 g/t gold and 377,000 ounces inferred at 10.3 g/t, resulting in over USD 16 million in sunk costs and an unsuccessful international arbitration claim against Colombia lost in a 2-1 judgment in June 2024.