Companies · Mining & Resources

Endurance Gold Corp

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

Diligence memoA one-page analyst read on Endurance Gold Corp — recommendation, valuation, rhythm, risks.
$7.9M
Total raised · real
13
Rounds
0.1×
Latest step-up
Top 24%
Sector rank · raised
Seed
Latest stage · inferred · Wed Mar 11 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Endurance Gold Corp looks under-valued against its niche peers and is active 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.

Under-valued
  • Modeled value is 0.17× the median modeled value of Seed Mining & Resources companies in 2025–2027 (77 peers) — value vs value, same stage and era.
Active
  • Last raise 4 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.
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

Endurance Gold Corp is one of 701 Mining & Resources companies tracked from Vancouver. By capital raised it ranks in the upper tier (ahead of 77% of sector peers), and in the long tail 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)
2026-03-11
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$2.5M$5.0M$7.5M$10MPre-Seed · 2009-09-11 Raised $558K (real) Modeled valuation $3.7M (est)Pre-Seed2009Pre-Seed · 2011-08-09 Raised $323K (real) Modeled valuation $2.2M (est)Pre-Seed2011Pre-Seed · 2012-05-24 Raised $443K (real) Modeled valuation $3.0M (est)Pre-Seed2012Pre-Seed · 2013-07-11 Raised $462K (real) Modeled valuation $3.1M (est)Pre-Seed2013Pre-Seed · 2014-02-27 Raised $155K (real) Modeled valuation $1.0M (est)Pre-Seed2014Pre-Seed · 2014-10-30 Raised $536K (real) Modeled valuation $3.6M (est)Pre-Seed2014Pre-Seed · 2015-05-29 Raised $261K (real) Modeled valuation $1.7M (est)Pre-Seed2015Pre-Seed · 2016-07-22 Raised $121K (real) Modeled valuation $811K (est)Pre-Seed2016Pre-Seed · 2022-02-11 Raised $319K (real) Modeled valuation $1.4M (est)Pre-Seed2022Seed · 2022-11-01 Raised $1.0M (real) Modeled valuation $3.6M (est)Seed2022Seed · 2023-09-27 Raised $513K (real) Modeled valuation $1.6M (est)Seed2023Seed · 2024-05-29 Raised $2.9M (real) Modeled valuation $8.0M (est)Seed2024Seed · 2026-03-11 Raised $239K (real) Modeled valuation $479K (est)Seed2026Cumulative $7.9M

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$558K · 2009
Pre-Seed extension$323K · 2011
Pre-Seed extension$443K · 2012
Pre-Seed extension$462K · 2013
Pre-Seed extension$155K · 2014
Pre-Seed extension$536K · 2014
Pre-Seed extension$261K · 2015
Pre-Seed extension$121K · 2016
Pre-Seed extension$319K · 2022
Seed$1.0M · 2022
Seed extension$513K · 2023
Seed extension$2.9M · 2024
Seed extension$239K · 2026

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

Modeled valuation trajectory
$479K
Base estimate est.
$205K
Conservative case
$808K
Upside case
$1.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $3.7M · 2009-09-112009Pre-Seed · modeled $2.2M · 2011-08-09Pre-Seed · modeled $3.0M · 2012-05-24Pre-Seed · modeled $3.1M · 2013-07-11Pre-Seed · modeled $1.0M · 2014-02-27Pre-Seed · modeled $3.6M · 2014-10-30Pre-Seed · modeled $1.7M · 2015-05-29Pre-Seed · modeled $811K · 2016-07-22Pre-Seed · modeled $1.4M · 2022-02-11Seed · modeled $3.6M · 2022-11-01Seed · modeled $1.6M · 2023-09-27Seed · modeled $8.0M · 2024-05-29Seed · modeled $479K · 2026-03-112026
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
0.3 yr
Elapsed time used
0.3 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$476K/yr
Capital velocity
16.8 yr
On record since
2009
First round
13
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) 3.4× above median
This company$7.9M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$239K
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$479K
Sector median$2.5M

Raised more than 77% of sector peers (real $). Modeled value above 15% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #66 of 77.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Blue Gold Ltd · Seed Raised $3.8M · modeled $8.4M (est)Sierra Madre Gold & Silver Ltd. · Seed Raised $4.0M · modeled $8.1M (est)Metal Powder Works Ltd · Seed Raised $3.2M · modeled $7.7M (est)Western Exploration Inc. · Seed Raised $4.3M · modeled $7.5M (est)Mayfair Gold Corp. · Seed Raised $16.2M · modeled $7.3M (est)Great Pacific Gold Corp. · Seed Raised $3.4M · modeled $6.8M (est)Cuprum Metals Inc. · Seed Raised $2.8M · modeled $6.7M (est)Lavras Gold Corp. · Seed Raised $2.6M · modeled $6.2M (est)B & N Mining, Inc. · Seed Raised $3.0M · modeled $6.1M (est)Pirate Gold Corp. · Seed Raised $2.8M · modeled $6.1M (est)West Red Lake Gold Mines Ltd. · Seed Raised $12.9M · modeled $5.9M (est)Thunder Mountain Gold Inc · Seed Raised $4.9M · modeled $5.4M (est)Endurance Gold Corp (this company) Raised $7.9M · modeled $479K (est)Endurance Gold Corp
CompanyStageRaised · realValue · estvs peer med.
Blue Gold LtdSeed$3.8M$8.4M3.03×
Sierra Madre Gold & Silver Ltd.Seed$4.0M$8.1M2.94×
Metal Powder Works LtdSeed$3.2M$7.7M2.78×
Western Exploration Inc.Seed$4.3M$7.5M2.72×
Mayfair Gold Corp.Seed$16.2M$7.3M2.64×
Great Pacific Gold Corp.Seed$3.4M$6.8M2.47×
Cuprum Metals Inc.Seed$2.8M$6.7M2.44×
Lavras Gold Corp.Seed$2.6M$6.2M2.25×
B & N Mining, Inc.Seed$3.0M$6.1M2.22×
Pirate Gold Corp.Seed$2.8M$6.1M2.20×
West Red Lake Gold Mines Ltd.Seed$12.9M$5.9M2.12×
Thunder Mountain Gold IncSeed$4.9M$5.4M1.94×
Endurance Gold Corp this companySeed$7.9M$479K0.17×
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$558K2009-09-11$3.1M$3.7M85%
Pre-Seed$323K2011-08-09$1.8M$2.2M85%
Pre-Seed$443K2012-05-24$2.5M$3.0M85%
Pre-Seed$462K2013-07-11$2.6M$3.1M85%
Pre-Seed$155K2014-02-27$862K$1.0M85%
Pre-Seed$536K2014-10-30$3.0M$3.6M85%
Pre-Seed$261K2015-05-29$1.4M$1.7M85%
Pre-Seed$121K2016-07-22$675K$811K85%
Pre-Seed$319K2022-02-11$1.8M$1.4M90%
Seed$1.0M2022-11-01$5.0M$3.6M90%
Seed$513K2023-09-27$2.6M$1.6M90%
Seed$2.9M2024-05-29$14.6M$8.0M90%
Seed$239K2026-03-11$1.2M$479K90%
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$558K2009-09-11
    • First recorded raise — entered as Pre-Seed.
    • 20 investors on this round.
  2. Pre-Seed$323K2011-08-09
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Pre-Seed$443K2012-05-24
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 5 investors on this round.
  4. Pre-Seed$462K2013-07-11
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
  5. Pre-Seed$155K2014-02-27
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 3.0× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 5 investors on this round.
  6. Pre-Seed$536K2014-10-30
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
    • 2 investors on this round.
  7. Pre-Seed$261K2015-05-29
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  8. Pre-Seed$121K2016-07-22
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  9. Pre-Seed$319K2022-02-11
    • Raised again after 67 mo — slower than the ~11 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 3 investors on this round.
  10. Seed$1.0M2022-11-01
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • 6 investors on this round.
  11. Seed$513K2023-09-27
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  12. Seed$2.9M2024-05-29
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 5.7× larger than the prior — scaling up.
    • 1 investor on this round.
  13. Seed$239K2026-03-11
    • Raised again after 21 mo — slower than the ~11 mo sector norm.
    • Round 12.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2027 ~Q3
Modeled next raise · ~16mo cadence
$239K
Modeled next size est.range $239K$383K
0.1×
Last step-up
$476K/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
J. Christopher Mitchell3 other2009-09
H. Ross Arnold1 other2011-08
Robert Boyd1 other2015-05
Robert T. Boyd1 other2009-09
Duncan T. McIvor2009-09
Richard Ross Gilliam2011-08
Richard T. Gilliam2009-09
Robert Christopher Pease2011-08
Ross Arnold2009-09
Teresa Cheng2015-05
Teresa Christopher Cheng2009-09
Teresa T. Cheng2012-05
Registry & provenance

Endurance Gold Corp 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
1368939
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
Mogotes Metals Inc.Mining & ResourcesSeed$7.8M$2.6Msame sector · same stage
Southern Silver Exploration CorpMining & ResourcesSeed$8.4M$361Ksame sector · same stage
Independence Gold Corp.Mining & ResourcesSeed$557K$361Knetwork1 shared operator · same sector · same stage
Canadian Energy Metals Corp.Mining & ResourcesSeed$7.1M$2.3Msame sector · same stage
Revival Gold Inc.Mining & ResourcesSeed$6.6M$1.8Msame sector · same stage
Candente Copper CorpMining & ResourcesSeed$6.6M$1.9Msame sector · same stage
Cabral Gold Inc.Mining & ResourcesSeed$6.4M$603Ksame sector · same stage
Telson Mining CorpMining & ResourcesSeed$6.1M$1.9Msame 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
MARATHON GOLD CorpMining & ResourcesSeries B$92.4M87%
Triumph Gold Corp.Mining & ResourcesSeed$452K86%
U.S. Gold Corp.Mining & ResourcesSeries B$115.0M85%
Omega Gold Corp.Mining & ResourcesPre-Seed$595K85%
Viva Gold Corp.Mining & ResourcesSeed$2.1M85%
Reunion Gold CorpMining & ResourcesSeries A$34.8M84%
Legend Gold CorpMining & ResourcesSeries A$757K84%
Gold Reserve LtdMining & ResourcesSeries C$370.6M84%
Frequently asked
How much funding has Endurance Gold Corp raised?
Endurance Gold Corp has raised approximately $7.9M in disclosed capital across 13 recorded financing rounds, aggregated from public filings.
What is Endurance Gold Corp's estimated valuation?
Provath's modeled valuation for Endurance Gold Corp is approximately $479K (modeled range $205K–$808K). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Endurance Gold Corp at?
Endurance Gold Corp's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Mar 11.
What does Endurance Gold Corp do and where is it based?
Endurance Gold Corp operates in the Mining & Resources sector, based in Vancouver.
Explore related

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

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