Companies · Mining & Resources

South Star Mining Corp.

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

Diligence memoA one-page analyst read on South Star Mining Corp. — recommendation, valuation, rhythm, risks.
$711K
Total raised · real
4
Rounds
0.9×
Latest step-up
Top 74%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Oct 31 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

South Star Mining 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 0.30× the median modeled value of Pre-Seed Mining & Resources companies in 2025–2027 (85 peers) — value vs value, same stage and era.
Active
  • Last raise 8 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

South Star Mining Corp. is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the long tail (ahead of 27% 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)
2025-10-31
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2018-06-15 Raised $398K (real) Modeled valuation $2.7M (est)$398K$2.7MPre-Seed2018Pre-Seed · 2018-06-15 Raised $398K (real) Modeled valuation $2.7M (est)$398K$2.7MPre-Seed2018Pre-Seed · 2019-02-28 Raised $103K (real) Modeled valuation $684K (est)$103K$684KPre-Seed2019Pre-Seed · 2021-02-16 Raised $110K (real) Modeled valuation $633K (est)$110K$633KPre-Seed2021Pre-Seed · 2025-10-31 Raised $100K (real) Modeled valuation $186K (est)$100K$186KPre-Seed2025+$398K+$103K+$110K+$100KCumulative $1.1M

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$398K · 2018
Pre-Seed extension$398K · 2018
Pre-Seed extension$103K · 2019
Pre-Seed extension$110K · 2021
Pre-Seed extension$100K · 2025

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

Modeled valuation trajectory
$186K
Base estimate est.
$63K
Conservative case
$417K
Upside case
$556K
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 $2.7M · 2018-06-152018Pre-Seed · modeled $2.7M · 2018-06-15Pre-Seed · modeled $684K · 2019-02-28Pre-Seed · modeled $633K · 2021-02-16Pre-Seed · modeled $186K · 2025-10-312025
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
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$96K/yr
Capital velocity
8.0 yr
On record since
2018
First round
5
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$711K
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.4× of median
This company$100K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$186K
Sector median$2.5M

Raised more than 27% of sector peers (real $). Modeled value above 4% 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 #84 of 85.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Silver Creek Investors, LLC /WI/ · Pre-Seed Raised $900K · modeled $2.0M (est)Viridian Metals Inc. · Pre-Seed Raised $919K · modeled $1.9M (est)Gold Candle Ltd. · Pre-Seed Raised $1.8M · modeled $1.9M (est)Argenta Silver Corp. · Pre-Seed Raised $931K · modeled $1.8M (est)Relevant Gold Corp. · Pre-Seed Raised $2.0M · modeled $1.8M (est)North Shore Uranium Ltd. · Pre-Seed Raised $1.3M · modeled $1.8M (est)Premier American Uranium Inc. · Pre-Seed Raised $952K · modeled $1.7M (est)ISS Mining 1, LLC · Pre-Seed Raised $898K · modeled $1.6M (est)Kingfisher Metals Corp. · Pre-Seed Raised $2.6M · modeled $1.6M (est)Yukon Metals Corp. · Pre-Seed Raised $707K · modeled $1.5M (est)Copper Giant Resources Corp. · Pre-Seed Raised $891K · modeled $1.4M (est)Sanu Gold Corp. · Pre-Seed Raised $694K · modeled $1.3M (est)South Star Mining Corp. (this company) Raised $711K · modeled $186K (est)South Star Mining Corp.
CompanyStageRaised · realValue · estvs peer med.
Silver Creek Investors, LLC /WI/Pre-Seed$900K$2.0M3.20×
Viridian Metals Inc.Pre-Seed$919K$1.9M3.10×
Gold Candle Ltd.Pre-Seed$1.8M$1.9M3.02×
Argenta Silver Corp.Pre-Seed$931K$1.8M2.95×
Relevant Gold Corp.Pre-Seed$2.0M$1.8M2.86×
North Shore Uranium Ltd.Pre-Seed$1.3M$1.8M2.85×
Premier American Uranium Inc.Pre-Seed$952K$1.7M2.69×
ISS Mining 1, LLCPre-Seed$898K$1.6M2.65×
Kingfisher Metals Corp.Pre-Seed$2.6M$1.6M2.62×
Yukon Metals Corp.Pre-Seed$707K$1.5M2.43×
Copper Giant Resources Corp.Pre-Seed$891K$1.4M2.25×
Sanu Gold Corp.Pre-Seed$694K$1.3M2.04×
South Star Mining Corp. this companyPre-Seed$711K$186K0.30×
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$398K2018-06-15$2.2M$2.7M90%
Pre-Seed$398K2018-06-15$2.2M$2.7M90%
Pre-Seed$103K2019-02-28$570K$684K90%
Pre-Seed$110K2021-02-16$613K$633K90%
Pre-Seed$100K2025-10-31$556K$186K90%
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$398K2018-06-15
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Pre-Seed$398K2018-06-15
    • 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.
  3. Pre-Seed$103K2019-02-28
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 3.9× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  4. Pre-Seed$110K2021-02-16
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  5. Pre-Seed$100K2025-10-31
    • Raised again after 56 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2027 ~Q3
Modeled next raise · ~22mo cadence
$100K
Modeled next size est.range $100K$160K
0.9×
Last step-up
$96K/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
AMAN PARMAR4 other2018-06
Marc Leduc3 other2021-02
Bennett Liu2 other2021-02
Darren Prins2 other2025-10
David McMillan2 other2018-06
Eric Allison2 other2018-06
Felipe Alves1 other2021-02
JUSTIN BLANCHET1 other2018-06
PRISCILA COSTA LIMA1 other2025-10
Richard Pearce1 other2021-02
AMBROSE ALLEN2018-06
Daniel Costa Wilton2025-10
Daniel Wilton2019-02
FELIPE HOLZHACKER ALVES2018-06
GRAYDON KOWAL2018-06
RICHARD PEARCE JR.2018-06
Tiago Cunha2025-10
Registry & provenance

South Star Mining 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
1307926
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
United Lithium Corp.Mining & ResourcesPre-Seed$911K$361Knetwork1 shared operator · same sector · same stage
KORE Mining Ltd.Mining & ResourcesPre-Seed$444K$2.3Mnetwork1 shared operator · same sector · same stage
Integral Metals Corp.Mining & ResourcesPre-Seed$400K$818Knetwork1 shared operator · same sector · same stage
Flying Nickel Mining Corp.Mining & ResourcesPre-Seed$164K$779Knetwork1 shared operator · same sector · same stage
Lakewood Exploration IncMining & ResourcesPre-Seed$714K$345Ksame sector · same stage
Yukon Metals Corp.Mining & ResourcesPre-Seed$707K$1.5Msame sector · same stage
Sylla Gold Corp.Mining & ResourcesPre-Seed$719K$635Ksame sector · same stage
Three Valley Copper Corp.Mining & ResourcesPre-Seed$721K$904Ksame 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
Star Gold Corp.Mining & ResourcesSeed$5.8M91%
Great Southern Gold Corp.Mining & ResourcesPre-Seed$703K89%
Southern Silver Exploration CorpMining & ResourcesSeed$360K88%
Southern Arc Minerals IncMining & ResourcesSeries A$587K88%
South Pacific Metals Corp.Mining & ResourcesSeed$5.3M87%
LITHIUM SOUTH DEVELOPMENT CorpMining & ResourcesPre-Seed$512K85%
Heliostar Metals Ltd.Mining & ResourcesSeed$7.4M85%
GS Mining Co LLCMining & ResourcesSeries B$96.0M85%
Frequently asked
How much funding has South Star Mining Corp. raised?
South Star Mining Corp. has raised approximately $711K in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is South Star Mining Corp.'s estimated valuation?
Provath's modeled valuation for South Star Mining Corp. is approximately $186K (modeled range $63K–$417K). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is South Star Mining Corp. at?
South Star Mining Corp.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Oct 31.
What does South Star Mining Corp. do and where is it based?
South Star Mining Corp. operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

See where South Star Mining 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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