AuMega Metals Ltd
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Sam Pazuki
- Full Time Employees
- 8
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 24 Hasler Road Osborne Park WA Australia 6017
- IPO Date
- Mar 8, 2017
- Website
- aumegametals.com
- Similar Companies
- Business
- AuMEGA Metals Ltd engages in mineral exploration focused on gold and critical metals in Newfoundland, Canada; its principal assets include the Cape Ray Gold Project spanning 120 kilometres of strike along the Cape Ray Shear Zone hosting a mineral resource of 610,000 ounces at 1.96 grams per tonne across four deposits, the Hermitage Gold-Antimony Project covering 27 kilometres along the Hermitage Flexure with significant gold, arsenic and antimony potential, and an option agreement on the Blue Cove Copper Project prospective for copper and base metals; operations target junior exploration in a top-tier jurisdiction ranked highly for mining attractiveness. The company, formerly Matador Mining Limited, changed its name to AuMEGA Metals Ltd in June 2024; founded in 2016 and headquartered at 24 Hasler Road, Osborne Park, Western Australia, it lists on the ASX (AAM), TSXV (AUM) and OTCQB (AUMMF). AuMEGA maintains strategic investment from B2Gold Corp, which increased its stake to 9.9% through participation in a C$16.3 million upsized private placement financing in November 2024 utilizing flow-through shares and attracting new institutional investors from Canada, the United States, Europe, Asia and Australia; this fully funds an expansive 2025 exploration program comprising approximately 13,000 metres of diamond drilling and 7,000 metres of RC bottom-of-hole drilling, prioritizing 10,000-12,000 metres at the Bunker Hill target within Cape Ray during Q1 2025, up to 3,000 metres inaugural drilling at Hermitage in H2 2025, and 5,000 metres at new Cape Ray targets in Q2-Q3 2025, marking the largest program since 2021; recent activities include completion of a 2,559.7 metre Phase One diamond drill program at Cape Ray in October 2025, definition of a new multi-kilometre gold corridor at Cape Ray West in October 2025, a high-resolution airborne magnetic survey over Hermitage covering 234 square kilometres, and mobilization of a second diamond drill rig in November 2025 to expand drilling at a major EM anomaly on Cape Ray.
Company News
100.5 g/t gold result boosts AuMEGA Metals exploration - ICYMI
100.5 g/t gold result boosts AuMEGA Metals exploration - ICYMI
AuMEGA Metals Discovers 100.5 g/t Gold Sample at the Intersection Project
AuMEGA Metals uncovers 100.5 g/t gold at Intersection Project in Newfoundland
Small Cap Watch: AuMEGA, Lightning Minerals and Noxopharm advance key programs
AuMEGA Metals completes maiden drilling at Isle aux Morts as rig shifts to Bunker Hill
AuMEGA Metals Completes Initial Drilling at Isle aux Morts Granite and Cape Ray West
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AuMEGA Metals Commences Inaugural Drilling of the Isle aux Morts Granite
AuMEGA Metals begins first-ever drilling at Isle aux Morts Granite and Cape Ray West
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AuMEGA Metals appoints Rafael Gradim to lead Newfoundland exploration push
AuMEGA Metals Appoints Rafael Gradim as President
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Sam Pazuki on AuMEGA's 2026 exploration plans as drilling draws closer - ICYMI
AuMEGA prepares for drilling as 2026 field season gets underway in Newfoundland
AuMEGA Metals Commences Comprehensive 2026 Field Season