- CEO
- Edward L. Ellwood
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 380 Wellington Street, Tower B, 6th Floor London ON Canada N6A 5B5
- IPO Date
- Mar 6, 2013
- Business
- Peloton Minerals Corporation is a Canada-based mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties primarily in Nevada and Montana, United States. Its core product portfolio includes lithium, gold, uranium, critical and rare earth elements, and copper. The company’s main projects are the North Elko Lithium Project (NELP) in northeastern Nevada, which is prospective for lithium and critical minerals; the Golden Trail and Independence Valley gold exploration projects in Nevada; and a non-controlling interest in a copper porphyry project near Butte, Montana. Peloton Minerals conducts extensive exploration activities including airborne geophysical surveys, soil geochemistry, and drilling targeting lithium-bearing claystone layers and other critical minerals. Founded in 2011, the company is headquartered in Canada and trades on the Canadian Securities Exchange (CSE: PMC) and OTCQB (PMCCF) in the United States.
Recent major developments include the commencement of the maiden drilling program at the North Elko Lithium Project in late 2025, targeting high-priority lithium clay deposits identified through two field seasons of surface work. Peloton secured new financing in 2025 via private placements aimed at expanding exploration activities and working capital, supporting its strategic focus on lithium. The company has also completed additional surface geophysical data collection and staked more claims at the NELP site. These developments reflect Peloton’s operational expansion and deepened commitment to advancing its lithium exploration portfolio alongside its ongoing gold and copper projects. This strategic emphasis aligns with growing global demand for lithium and critical minerals for energy storage and technology applications. Peloton Minerals continues to build a comprehensive minerals exploration portfolio positioned within well-established mining jurisdictions in the western United States.