- CEO
- Terence F. Coughlan
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 181 University Avenue Toronto ON Canada M5H 3M7
- IPO Date
- Nov 29, 2019
- Business
- Mongoose Mining Ltd. (CSE: MNG) is a Canada-based mineral exploration company focused on the acquisition, exploration, and evaluation of mineral properties in eastern Canada. The company targets iron oxide copper-gold-cobalt (IOCG) deposits along the Cobequid-Chedabucto Fault Zone (CCFZ) in the Cobequid Highlands of central Nova Scotia, including the Londonderry, Bass River, Sheba, and Mount Thom properties comprising 27 exploration licenses covering 548 mineral claims; it also holds gold exploration properties in New Brunswick with 4 licenses containing 80 mineral claims. Mongoose explores for gold, copper, cobalt, and iron oxide deposits, emphasizing IOCG systems that host diverse critical minerals essential for green and digital economies.
Founded in 2019 and headquartered at 1805-55 University Avenue in Toronto, Ontario, the company operates primarily in Nova Scotia and New Brunswick, leveraging historical iron ore districts with over 60 years of production and proximity to infrastructure. Through its wholly-owned subsidiary Spark Minerals Inc., Mongoose holds key exploration licenses, including the Cobequid Highlands Project acquired via a 2021 share purchase agreement from Spark Minerals, which expanded its land position to 3,264 hectares near Londonderry and Debert. The company serves the mining industry by advancing geophysical, soil, rock, and hyperspectral targets identified for IOCG mineralization.
Recent developments include the closing of a non-brokered private placement in October 2025 raising $130,000 through 1.8 million flow-through shares and 800,000 common shares to fund exploration; receipt of a $100,000 shared funding grant from the Nova Scotia Mineral Resources Development Fund in September 2025 to advance the Mount Thom IOCG target; and ongoing exploration updates, with July 2023 drilling results confirming IOCG system characteristics. In 2023, Mongoose completed a continuance from British Columbia to Ontario, enhancing its corporate structure. Additional changes encompass appointing Richard Pinkerton as CFO in May 2022, granting 850,000 incentive stock options to directors in June 2022, and changing auditors to McGovern Hurley LLP in April 2022.