- CEO
- Thomas J. Obradovich
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Vancouver Canada
- IPO Date
- Mar 17, 2026
- Business
- Auranova Resources Inc. is a Canadian mineral exploration and resource development company primarily engaged in the acquisition, exploration, and evaluation of precious metal properties in Canada. The company focuses on identifying and advancing large-scale, intrusion-related and shear-hosted gold discoveries within tier-one Canadian mining jurisdictions, concentrating its operational activities in the Birch-Uchi Greenstone Belt of the Red Lake Mining District in northwestern Ontario.
The company operates in the metals and mining segment of the materials sector. Its primary operational offerings and exploration activities comprise: geological mapping and litho-structural modeling; comprehensive geochemical soil and glacial till sampling; ground and airborne geophysical investigations, including induced polarization surveys and magnetics; exploratory and definition diamond core drilling; drill core logging, sampling, assaying, and mineralogical analysis; property acquisition, optioning, staking, and joint-venture project development; and technical reporting and resource delineation. Auranova Resources' core project portfolio is anchored by the South Uchi Project, an expansive mineral exploration property that hosts key target zones including the Papaonga area and the North Papa gold discovery.
In recent corporate and operational developments, the company completed a corporate rebranding and reorganization, changing its name from 1329293 B.C. Ltd. to Auranova Resources Inc. in November 2024 and listing its common shares on the TSX Venture Exchange under the ticker symbol AURA. The company entered into an option agreement with Kenorland Minerals Ltd. granting Auranova the right to earn up to a 70% interest in the flagship South Uchi Project, subsequently achieving the initial earn-in threshold to secure a 51% operating interest. Throughout 2025 and 2026, exploration programs at South Uchi led to the discovery of the North Papa intrusion-related gold system, with multi-phase diamond drilling intersecting broad intervals of gold mineralization and expanding the mineralized trend along a one-kilometer strike length, supported by follow-up 24 line-kilometer induced polarization surveys. To support ongoing exploration and working capital needs, the company completed several private placement equity financings consisting of common shares and flow-through units.
Auranova Resources Inc. was founded in October 2021 and is headquartered in Vancouver, British Columbia, Canada.