Nuvau Minerals Inc.
NMC.V
Toronto Stock Exchange Ventures0.63
CAD
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Nuvau Minerals Inc.
NMC.V
(Toronto Stock Exchange Ventures)
Recent
price
0.63
P/E
ratio
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div
yld
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ROIC.AI
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- Business
- Nuvau Minerals Inc. is a Canadian mineral exploration and development company focused on acquiring, exploring and advancing mining properties in the Matagami Mining Camp in Québec, with a strategy centered on restarting a historic critical metals operation and evaluating gold potential across the district. Founded in 2022 and headquartered in Thunder Bay, Ontario, the company is advancing its 100%-owned Matagami property, which spans more than 1,250 square kilometers and includes more than 2,400 claims, three undeveloped ore bodies with defined resources, and existing infrastructure such as a 4,000-tonne-per-day concentrator and access to power, water and all-weather roads. Its principal exploration focus is on base metals, especially zinc and copper, while also testing gold and broader critical minerals targets through systematic drilling, resource evaluation and mine restart studies. The company’s activities include mineral property acquisition; geological exploration; resource delineation; technical studies; and evaluation of development scenarios for past-producing and undeveloped deposits within the Abitibi greenstone belt. In 2026, Nuvau expanded its exploration program to target key base metal and previously untested gold targets, launched a 17,500-metre drill program at Matagami, and commenced a preliminary economic assessment to advance its restart strategy for a fully permitted critical metals mine. Recent corporate changes include the appointment of Christina McCarthy as chief executive officer in April 2026, the addition of David Palmer to the board and Michael Sutton as technical advisor in August 2026, and the completion of a post-closing payment to Glencore under its earn-in agreement in May 2026. The company continues to operate in Québec, Canada, with its Matagami district assets forming the core of its portfolio and its plans aimed at re-establishing production from existing infrastructure and new discoveries.
Company News
Nuvau recoupe une teneur de 17,37 g/t sur 2,40 m, prolongeant la minéralisation aurifère de 50 mètres à partir d'une intersection à haute teneur à Thundermine