Precore Gold Corp.
0.66
CAD
-0.04
(-5.71%)
Precore Gold Corp.
NEO:PRCG
(Cboe Canada)
Recent
price
0.66
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Precore Gold Corp. is a junior mineral exploration company that engages in the identification, acquisition, exploration, and development of precious and base metal mineral properties in North and South America. Incorporated in August 2021 and headquartered in Vancouver, British Columbia, Canada, the company operates within the metals and mining sector, focusing on high-grade gold, copper, and polymetallic mineralization in established mining jurisdictions. The company's core exploration offerings and operational capabilities encompass high-resolution airborne and drone-based magnetic geophysical surveying; artificial intelligence-assisted geological data compilation and machine learning-driven drill target generation; geochemical soil, rock, and silt sampling; systematic surface geological and structural mapping; diamond drill exploration and core assaying; and mineral property evaluation, optioning, and resource development. Precore Gold Corp.'s primary asset portfolio includes the Arikepay Gold-Copper Project, an 1,800-hectare porphyry deposit located in the Arequipa Department of southern Peru; the Lac Big-Rush Gold Project, comprising approximately 2,214 hectares across 40 mineral claims in the Chibougamau mining camp of Quebec, Canada; and the Kimber Property, spanning 2,231 hectares in the Fort Steele Mining Division near Kimberley, British Columbia, Canada. In major recent corporate and operational developments, the company underwent a strategic rebranding and corporate reorganization in March 2025, changing its name from Double Deuce Exploration Corp. to Precore Gold Corp. while listing its common shares on the Canadian Securities Exchange under the ticker PRCG. In April 2025, Precore Gold expanded its South American footprint by entering into an option agreement to acquire up to a 100 percent interest in the Arikepay Project, followed by the acquisition of a 100 percent interest in the Lac Big-Rush Property in Quebec. To optimize exploration targeting at Lac Big-Rush, the company established a technical partnership utilizing advanced AI algorithms to generate high-priority drill locations. In September 2026, Precore Gold completed an advanced drone-based magnetic survey over the Arikepay Project to define subsurface structural targets ahead of its maiden diamond drilling campaign, concurrently strengthening its balance sheet through the completion of an oversubscribed non-brokered private placement financing raising gross proceeds of 6.0 million Canadian dollars.