Karus Mining drill site in the British Columbia mountains

Exploring for Gold in
British Columbia

An emerging Canadian gold explorer — backed by proven mine builders and fully funded for a 2026 drill program.

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Mountain ridges in the British Columbia Cariboo Gold District

The Opportunity

How Karus Creates Value

From a district-scale land position to a fully-funded drill program built to re-rate.

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About Us

We are advancing two high-grade gold projects in British Columbia. Backed by proven mine builders and a fully-funded 2026 drill program, Karus turns a district-scale land position into measurable value.

Our approach pairs high-grade drill history with systematic, structurally-controlled targeting — de-risking discovery across the South Cariboo Gold District and Vancouver Island.

1,133 km²
Combined Land Package
76,000 m
Historical Drilling
C$40M+
Historical Investment
20+ km
Untested Strike
British Columbia exploration landscape
The Story

Strong Fundamentals.
Real Upside.

A high-grade, expandable, fully-funded gold story — offered at a discounted entry point with peer-driven upside.

Explore the Projects

Tier-1 Jurisdiction

Both projects sit in British Columbia — stable, mining-friendly, with road, power and workforce access.

High-Grade & District-Scale

Two 100%-owned orogenic gold systems with high-grade history and district-scale exploration potential.

Fully Funded Catalysts

C$7.5M funds a 7,500m drill program built to expand corridors and drive news flow.

Priced at a Peer Discount

At ~C$38M, Karus trades at the bottom of its gold-developer peer set.

How it Works

Turning Ground Into Value

A simple, disciplined path from a district-scale land position to a re-rated gold exploration company — funded and underway.

Karus controls 995 km² across the proven South Cariboo Gold District plus a 13,286 ha package on Vancouver Island — a dominant, 100%-owned footprint on established gold trends.

A fully-funded 7,500m program targets the two structurally-controlled corridors at FG Gold, which remain open along 20+ km of untested strike to the northwest.

Systematic drilling confirms and grows a large gold system — building toward a maiden resource while regional targets feed the next round of discovery.

As ounces are defined, the goal is to close the gap to comparable gold developers — several of which carry valuations many times Karus's current ~C$38M.

Diamond drill rig at a Karus exploration site in British Columbia

From Ground to Re-Rate,
Made Systematic

Drill History

Drilling that gets attention

Historical drilling across both projects has returned exceptional gold grades — including standout intercepts at Mineral Creek's Linda vein and thick, high-grade corridors at FG Gold.

306 g/t

Au over 1.0m — MC23-08

62.3 m

@ 1.67 g/t Au — FG-20-378

Selected historical interceptsAu g/t
BTT-L58 · Mineral Creek · Linda · 1.65 m215.15
BTT-L54 · Mineral Creek · Linda · 7.20 m185.46
BTT-L14 · Mineral Creek · Linda · 1.10 m152.65
D87DH50 · Mineral Creek · 900 Vein · 21.8 m23.65
FG-87-054 · FG Gold · 12.3 m18.89
FG-90-140 · FG Gold · 16.5 m11.1
FG-20-378 · FG Gold · 62.3 m1.67

Bars capped at 60 g/t for scale; Linda-vein intercepts exceed 150 g/t. Intervals are drilled widths and may not represent true width. Historical results are per the NI 43-101 Technical Report on the South Cariboo Property (Equity Exploration Consultants Ltd., effective June 1, 2022) and the NI 43-101 Technical Report on the Mineral Creek Project (C.J. Greig & Associates Ltd. / Theia Gold Corp., effective June 5, 2024).

Valuation vs. Peers

The cheapest entry in its peer group

Against a basket of Canadian gold developers, Karus sits at the bottom of the market-cap range — the same backers and district-scale ground, at a fraction of the valuation.

Goliath Resources
$235M
West Point Gold
$180M
Scottie Resources
$155M
Spanish Mountain
$150M
TDG Gold
$118M
Westhaven Gold
$75M
Cassiar Gold
$59M
Karus Mining
$38M

Market capitalization in C$. Source: company and market data as at 30-June-2026. Karus based on a C$0.85 share price and 44.0M shares outstanding. Peer comparison is illustrative and not a prediction of relative performance.

Management & Board

Experience-driven leadership

A board and management team with a track record of discovery, development and financing across the global gold industry.

AK

Andrew Kaip, P.Geo

Interim CEO & Director

Former award-winning BMO equity analyst and VP at Hy-Tech Drilling; founding CEO of Karus Gold. Director at Perseverance Metals (TSXV: PMI).

TC

Tony Cina, CPA, ICD.D

Chairman

35 years of accounting, finance and governance experience with publicly-listed global mining companies. Chairman at Itafos Inc. (TSXV: IFOS).

DC

Dave Cross, CPA

Chief Financial Officer

CPA with 30+ years specializing in accounting and management services to publicly listed mining and exploration companies.

SM

Steven McMullan, P.Geo

Independent Qualified Person

Senior exploration geoscientist, 40+ years across five continents. PDAC 2015 Thayer Lindsley Award — Kamoa Copper discovery team.

ST

Scott Trebilcock

Director

Former CDO of Mandalay Resources, CEO of KORE Mining and CDO of Nevsun Resources. SVP Corporate Development at Integra Resources.

SB

Sébastien Bernier, P.Geo

Director

20+ years across exploration, resource development and mine operations. SVP, Technical Services at Allied Gold (TSX: AAUC).

MB

Manni Buttar, CPA

Director

20+ years in capital markets and wealth management; specialist in structured flow-through share programs. Director at Sendero Resources.

MT

Michael Tucker, P.Geo

Director

Former Exploration Manager at Balmoral Resources and founding VP Exploration at Karus. CEO & Director of Perseverance Metals (TSXV: PMI).

Follow the story on the CSE

Karus trades on the Canadian Securities Exchange under symbol KARU. Join the investor list to receive drill results, financing news and corporate milestones as they happen.

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