Companies · Mining & Resources

Core Gold Inc.

VANCOUVER · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Core Gold Inc. — recommendation, valuation, rhythm, risks.
$651K
Total raised · real
4
Rounds
0.7×
Latest step-up
Top 75%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Dec 18 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Core Gold Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.69× the median modeled value of Pre-Seed Mining & Resources companies in 2016–2018 (35 peers) — value vs value, same stage and era.
  • Within the normal band (69% of peer median) for its niche.
Dormant
  • Last raise 8.5 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Core Gold Inc. is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the long tail (ahead of 26% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2017-12-18
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500K$1.0M$1.5M$2.0MPre-Seed · 2017-07-14 Raised $134K (real) Modeled valuation $893K (est)$134K$893KPre-Seed2017Pre-Seed · 2017-09-01 Raised $100K (real) Modeled valuation $671K (est)$100K$671KPre-Seed2017Pre-Seed · 2017-10-13 Raised $199K (real) Modeled valuation $1.3M (est)$199K$1.3MPre-Seed2017Pre-Seed · 2017-12-18 Raised $218K (real) Modeled valuation $1.5M (est)$218K$1.5MPre-Seed2017Pre-Seed · 2017-12-18 Raised $218K (real) Modeled valuation $1.5M (est)$218K$1.5MPre-Seed2017Pre-Seed · 2017-12-18 Raised $150K (real) Modeled valuation $1.0M (est)$150K$1.0MPre-Seed2017+$100K+$199K+$218K+$218K+$150KCumulative $1.0M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$134K · 2017
Pre-Seed extension$100K · 2017
Pre-Seed extension$199K · 2017
Pre-Seed extension$218K · 2017
Pre-Seed extension$218K · 2017
Pre-Seed extension$150K · 2017

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$1.5M
Base estimate est.
$138K
Conservative case
$16.5M
Upside case
$1.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $893K · 2017-07-142017Pre-Seed · modeled $671K · 2017-09-01Pre-Seed · modeled $1.3M · 2017-10-13Pre-Seed · modeled $1.5M · 2017-12-18Pre-Seed · modeled $1.5M · 2017-12-18Pre-Seed · modeled $1.0M · 2017-12-182017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.27×/yr
Annual markup
1.72×/yr upside case
6.0 yr
Elapsed time used
8.5 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
$1.5M/yr
Capital velocity
9.0 yr
On record since
2017
First round
6
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.3× of median
This company$651K
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.6× of median
This company$150K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$1.5M
Sector median$2.5M

Raised more than 26% of sector peers (real $). Modeled value above 40% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #24 of 35.

This companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)New Frontier Mining Corp. · Pre-Seed Raised $1.0M · modeled $6.7M (est)Metal Bank Ltd · Pre-Seed Raised $994K · modeled $6.6M (est)Silver Heritage Group Ltd · Pre-Seed Raised $983K · modeled $6.6M (est)Chakana Copper Corp · Pre-Seed Raised $1.3M · modeled $6.1M (est)Sayona Mining Ltd · Pre-Seed Raised $768K · modeled $5.1M (est)Freehill Mining Ltd · Pre-Seed Raised $755K · modeled $5.0M (est)Pacific Empire Minerals Corp · Pre-Seed Raised $1.0M · modeled $4.9M (est)Broadway Gold Mining Ltd. · Pre-Seed Raised $725K · modeled $4.8M (est)ALQ Gold Corp. · Pre-Seed Raised $719K · modeled $4.8M (est)Aurvista Gold Corp · Pre-Seed Raised $1.1M · modeled $4.2M (est)Verdant Minerals Ltd · Pre-Seed Raised $570K · modeled $3.8M (est)Santa Maria Petroleum Inc. · Pre-Seed Raised $536K · modeled $3.6M (est)Core Gold Inc. (this company) Raised $651K · modeled $1.5M (est)Core Gold Inc.
CompanyStageRaised · realValue · estvs peer med.
New Frontier Mining Corp.Pre-Seed$1.0M$6.7M3.16×
Metal Bank LtdPre-Seed$994K$6.6M3.14×
Silver Heritage Group LtdPre-Seed$983K$6.6M3.11×
Chakana Copper CorpPre-Seed$1.3M$6.1M2.89×
Sayona Mining LtdPre-Seed$768K$5.1M2.43×
Freehill Mining LtdPre-Seed$755K$5.0M2.39×
Pacific Empire Minerals CorpPre-Seed$1.0M$4.9M2.32×
Broadway Gold Mining Ltd.Pre-Seed$725K$4.8M2.29×
ALQ Gold Corp.Pre-Seed$719K$4.8M2.27×
Aurvista Gold CorpPre-Seed$1.1M$4.2M2.00×
Verdant Minerals LtdPre-Seed$570K$3.8M1.80×
Santa Maria Petroleum Inc.Pre-Seed$536K$3.6M1.69×
Core Gold Inc. this companyPre-Seed$651K$1.5M0.69×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$134K2017-07-14$743K$893K90%
Pre-Seed$100K2017-09-01$558K$671K90%
Pre-Seed$199K2017-10-13$1.1M$1.3M90%
Pre-Seed$218K2017-12-18$1.2M$1.5M90%
Pre-Seed$218K2017-12-18$1.2M$1.5M90%
Pre-Seed$150K2017-12-18$833K$1.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$134K2017-07-14
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$100K2017-09-01
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Pre-Seed$199K2017-10-13
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 2 investors on this round.
  4. Pre-Seed$218K2017-12-18
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  5. Pre-Seed$218K2017-12-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  6. Pre-Seed$150K2017-12-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2018 ~Q1
Modeled next raise · ~1mo cadence
$150K
Modeled next size est.range $150K$240K
0.7×
Last step-up
$1.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Javier Reyes4 other2017-07
Mark Bailey4 other2017-07
SAM WONG4 other2017-07
Gregg Sedun3 other2017-07
LEONARD CLOUGH2 other2017-07
Keith Piggott1 other2017-07
Robert Washer1 other2017-07
Gregg Mining Sedun2017-09
Javier Mining Reyes2017-09
Keith Mining Piggott2017-09
Leonard Mining Clough2017-09
Mark Mining Bailey2017-09
Sam Mining Wong2017-09
Registry & provenance

Core Gold Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1711851
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Goldgroup Mining Inc.Mining & ResourcesSeed$11.0M$1.1Mnetwork4 shared operators · same sector
Sun Summit Minerals Corp.Mining & ResourcesPre-Seed$656K$508Ksame sector · same stage
Consolidated Lithium Metals Inc.Mining & ResourcesPre-Seed$642K$1.2Msame sector · same stage
Bald Eagle Gold Corp.Mining & ResourcesPre-Seed$662K$1.9Msame sector · same stage
Trigon Metals Inc.Mining & ResourcesPre-Seed$640K$1.1Msame sector · same stage
North Arrow Minerals Inc.Mining & ResourcesPre-Seed$640K$1.1Msame sector · same stage
St. James Gold Corp.Mining & ResourcesPre-Seed$640K$959Ksame sector · same stage
Maple Gold Mines Ltd.Mining & ResourcesPre-Seed$639K$341Ksame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Corex Gold CorpMining & ResourcesSeed$794K95%
Newcore Gold Ltd.Mining & ResourcesSeed$3.6M89%
Pure Gold Mining Inc.Mining & ResourcesSeries A$19.3M88%
AU Gold Corp.Mining & ResourcesPre-Seed$1.1M88%
Paycore Minerals Inc.Mining & ResourcesSeed$7.7M87%
U.S. Gold Corp.Mining & ResourcesSeries B$115.0M87%
Gold Standard Ventures Corp.Mining & ResourcesSeries A$21.2M87%
Moneta Gold Inc.Mining & ResourcesSeed$6.3M87%
Frequently asked
How much funding has Core Gold Inc. raised?
Core Gold Inc. has raised approximately $651K in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Core Gold Inc.'s estimated valuation?
Provath's modeled valuation for Core Gold Inc. is approximately $1.5M (modeled range $138K–$16.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Core Gold Inc. at?
Core Gold Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Dec 18.
What does Core Gold Inc. do and where is it based?
Core Gold Inc. operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

See where Core Gold Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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