Headwater Gold Inc.
Company Data
| Introduction
| Projects in Hand
| Management
News Update
| Chinese
| Address ： |
1210 – 1130 West Pender Street Vancouver, BC Canada V6E 4A4 |
| Tel No.： | 778-867-5016 |
| Web Site： | www.headwatergold.com |
| E-mail： | bzerb@headwatergold.com |
| Contact Person： | Brennan Zerb |
| Position： | Investor Relations Manager |
| Traded Market： | CSE | OTCQB |
| Traded Symbol： | HWG | HWAUF |
| Outstanding Shares： | ~70.71M |
| 52 Week High： | $ 0.255 |
| 52 Week Low： | $ 0.135 |
| Present Price： | Click Here |
Headwater Gold is a technically-driven mineral exploration company focused on the exploration and discovery of high-grade precious metal deposits in the Western United States. Headwater is aggressively exploring one of the most well-endowed and mining-friendly jurisdictions in the world with a goal of making world-class precious metal discoveries. Headwater has a large portfolio of epithermal vein exploration projects and a technical team of experienced geologists with diverse capital markets as well as junior and major mining company backgrounds.
The Company is systematically drill testing several projects in Nevada and in August 2022 and May 2023 announced significant transactions with Newmont Corp., where it acquired a 9.9% (currently 8.7%) strategic equity interest in the Company and entered into earn-in agreements on Headwater's Spring Peak and Lodestar projects. In September of 2024, Centerra Gold Inc. acquired a strategic 9.9% interest in the Company through a non-brokered private placement.
Headwater is part of the NewQuest Capital Group, which is a discovery-driven investment enterprise that builds value through the incubation and financing of mineral projects and companies.
Investment Highlights
- Focused on High-Grade Gold
- Focus on high-grade gold and silver in mining-friendly Western USA
- World-Class Team
- Discovery driven, highly technical team with global and local experience and strong capital markets expertise
- Large Active Project Portfolio
- Aggressively exploring large portfolio of 100%-owned projects
- Project Generation
- Company specializes in generating new projects on open ground
- Newmont Partnership
- Two active earn-in projects with Newmont
- Hybrid Discovery Model
- Leverage for shareholders through self-funded exploration
- Minimize dilution and financing risk with partner funding
NEWMONT FUNDED EXPLORATION
- Newmont earn-ins on two projects
- Partner funded
- HWG operates and earns a 10% management fee (See news release dated August 16, 2022 & May 9, 2023)
Spring Peak Project, Nevada (Newmont Earn-In Project)
The Spring Peak project is located in the Aurora Mining District in the Walker Lane belt, west-central Nevada, approximately 50 km southwest of the town of Hawthorne. The project adjoins Hecla Mining Company's past-producing Aurora Mine.
- Project has a clear analog next door at Aurora Mine
- Exploration program 100% funded by Newmont
- High-grade mineralization remains open at depth and in both directions along strike
Recently expanded land package
New High-Grade Discoveries:
- Disco Zone: 15.92 g/t Au over 2.38 m
- Opal Ridge: 16.4 g/t Au over 1.52 m
New Target Zones:
- Shadow Target: 3.55 g/t Au over 762 m
- Southpaw Target: 4.75 g/t Au over 1.52 m; 3.23 g/t Au over 1.52 m
2024 Drill Program
- 18 holes completed targeting extensions and new areas
- Total of 6,874 meters of diamond core and reverse circulation drilling
- Tested extensions of known mineralization along the Bear Fault corridor discovered by previous Headwater drilling
- Tested multiple new targets across the property with initial scout drilling
Lodestar Project, Nevada (Newmont Earn-In Project)
The Lodestar project is located approximately 10 kilometres north of the Company's Spring Peak project.
Recently expanded land package
- Analogous geologic features to Headwater's Spring Peak Property
- Immediately adjacent to Hecla's past-producing high-grade Aurora mine
- Thick silica sinter indicates potential for preserved high-grade veins at depth
- Approximately 3,500 m of drilling planned for 2025
100% OWNED SELF-FUNDED PROJECTS
- 11 self-funded and 100% owned exploration projects
- Multiple projects with drill-ready epithermal vein targets
- Actively generating new projects and discovery opportunities
TJ Project, Nevada
Headwater 100% Owned
- Preserved high-level epithermal alteration with geologic features similar to Headwater's Spring Peak Property
- Initial drill program at TJ consisted of five reverse-circulation (“RC”) drill holes totaling 1,030 metres
- All drill holes encountered strong alteration indicative of the upper levels of an epithermal system
Midas North Project, Nevada
Headwater 100% Owned
- Large under-explored precious metal system with a clear analog at Hecla's Midas Mine
- Large, epithermal alteration cell immediately north of and adjoining Hecla Mining Company's Midas Mine
- Successful scout drilling program completed in 2023 encountered 47.0 g/t Ag over 9.1 m (See news release dated February 12, 2024)
Crane Creek Project, Idaho
Headwater 100% Owned
- Fully-preserved epithermal vein system with multiple high-grade targets, open pit and underground potential
- Gold-bearing epithermal quartz veins at surface
- Shallow historic drilling points to high-grade potential
- High level mercury-silica cap indicates potential for fully preserved vein system
- Targeting basalt-hosted high-grade veins at depths > 100 m
- Exploration planned
Upcoming Catalysts
- Assays Results from Spring Peak
- ~3,500 m Lodestar Drill Program Funded by Newmont
- Additional 2025 Drill Program Announcements
- Potential New Acquisitions
Management and Directors
Caleb Stroup, BSc, MSc Geology, President & Chief Executive Officer
Geologist with over 15 years experience in exploring for gold, base metals, and geothermal resources.
Former Senior Geologist for Kinross Gold Corporation, responsible for greenfields project generation and advanced property evaluation in Nevada.
Previous roles with NovaGold, Tintina Resources, and Ram Power working on diverse resource projects from Central America to Alaska.
Phillip Yee, CPA, MBA, Chief Financial Officer
Professional accountant with graduate degrees in business and engineering and has over 20 years' experience in corporate management, regulatory compliance, accounting, audit and taxation for both private and public companies.
Previous executive management roles at Canagold Resources, Endeavour Silver and the Augusta Group.
Alistair Waddell, BSc (Hons), MAusIMM, Chairman
Geologist with over 25 years of diverse global mineral exploration experience
Founder and CEO of Australia focused Inflection Resources (CSE: AUCU)
Wendell Zerb, P.Geol., Director
Fraser MacCorquodale, Director
Tero Kosonen, MSc (Econ), Director
Graeme Currie, Director
Technical Team
Dr. Greg Dering, PhD Geology, Vice President of Exploration
Structural geologist with experience in gold and geothermal exploration in the western US and Alaska since 2008.
Expert in the growth of high-level vein systems and dynamics of magma Emplacement.
Previous roles with Barrick and the Nevada Bureau of Mines and Geology.
Randy Vance, MSc Geology, Chief Geologist
Geologist with extensive bonanza epithermal experience in northern Nevada and the Great Basin.
More than 40 years experience in metals exploration and discovery.
Worked in the western U.S., Alaska, and the Yukon for Newmont, Klondex, Hecla Nevada, and as a consulting geologist.
Brent Cook, BSc Geology, Technical Advisor
Rick Streiff, BSc Geology, Technical Advisor
April 10, 2025, Headwater Gold Acquires the Whiskey Gold Project in Nevada and Reports 19.2 g/t Au in Rock Samples at Surface
The Whiskey project is positioned in heart of the Walker Lane gold belt, 20 kilometres east of the Borealis mine and the company's Spring Peak project.
Recent rock-chip sampling by Headwater returned gold grades of 19.2 g/t gold, 18.5 g/t gold and 14.6 g/t gold from the High Proof target, with no known drilling ever completed in the area.
March 3, 2025, Headwater Gold Expands Northern Nevada Portfolio with Acquisition of the Jake Creek Epithermal Gold System
Headwater Gold Inc. has acquired a 100-per-cent interest in the Jake Creek epithermal gold project along the Northern Nevada Rift gold trend in Nevada. The Project hosts a known epithermal gold system identified by historical drilling, with minimal modern exploration and remains open for further discovery.
February 27, 2025, Headwater Gold Intercepts 3.55 g/t Au over 7.62 m in New Target Area at Spring Peak Project, Nevada