Nunavut landscape
TSX-V: BMV | OTC: BMVVF

BATHURST METALS CORP.

Gold exploration in Nunavut, Canada.

Turner Lake · 125 km² · Nunavut Active Drill Permit
49.6M
Shares Outstanding
As of May 2026
65.1M
Fully Diluted
Including warrants
~13%
Insider Ownership
Aligned interests
~$250K
Cash
Working capital

Company Snapshot

Key Highlights

01

Turner Lake — Nunavut · 125 km²

  • ▸ TL-09-26: 18.00m @ 5.60 g/t Au
  • ▸ TL-09-28: 2.00m @ 25.56 g/t Au
  • ▸ TL-09-29: 13.0m @ 13.21 g/t Au
  • ▸ Active drill permit
02

Greenstone Belt Setting

  • ▸ Same belt as Agnico Eagle — Hope Bay (~8.8 Moz)
  • ▸ Same belt as B2Gold — Back River (~10.1 Moz)
  • ▸ District-scale 100% owned land package
  • ▸ Limited modern exploration
03

Capital Structure

  • ▸ 49,623,694 shares issued & outstanding
  • ▸ 12,543,334 warrants outstanding
  • ▸ 65,117,028 shares fully diluted
  • ▸ ~13% insider ownership

Regional Context

In the Heart of a Major Mining Camp

Turner Lake sits in a greenstone belt setting similar to two of Nunavut's multi-million-ounce gold districts.

01
Hope Bay District · Nunavut
~8.8 Moz

Agnico Eagle

3.4 Moz @ 6.53 g/t Au P&P; 2.2 Moz @ 4.61 g/t Au indicated; 3.2 Moz @ 5.98 g/t Au inferred. Same Archean greenstone belt as Turner Lake.

Bathurst: Turner Lake Project
02
Back River District · Nunavut
~10.1 Moz

B2Gold

Goose Mine 300 koz/yr @ 5.97 g/t. 2.4 Moz @ 6.79 g/t Au P&P; 4.2 Moz @ 7.45 g/t Au Indicated; 3.5 Moz @ 8.05 g/t Au inferred.

Bathurst: Turner Lake Project

* Reserve data from Agnico Eagle and B2Gold corporate websites (May 2026).

Strategic Review

Refocused on Turner Lake

Bathurst has concluded a strategic review of its mineral property portfolio and will concentrate its capital and technical resources on advancing Turner Lake, its flagship property, while evaluating other projects that could complement it.

Turner Lake

Flagship

125 km² · Nunavut

Active

Drill Permit

Turner Lake

Ongoing

New Opportunities

Complementary projects under evaluation

D. Gordon

New CFO

Effective October 1, 2026

The Team

Management & Board

Management combines capital markets and corporate development experience with technical leadership in mineral exploration across British Columbia, the Northwest Territories, and Nunavut.

Full Bios →
EG

Etienne Gouin-Proulx

Interim CEO & Director

CFA, P.Eng. McGill Mining and Mineral Engineering. Project evaluation, M&A, and corporate development.

LW

Lorne Warner, P.Geo.

President & Director

Qualified Person under NI 43-101. Over 30 years of mineral exploration experience.

DG

Daryn Gordon, CPA, CA

CFO

Over two decades of finance and accounting experience; CFO services to Canadian companies for the last 14 years.

Investor Inquiries

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