WHY SEVA MINING
A compelling risk/reward proposition with proven resources, experienced leadership, and multiple near-term catalysts.
Undervalued Resource
At $37/oz EV, Seva trades at a significant discount to peers averaging $80–$150/oz for comparable gold deposits.
Near-Term Catalysts
Phase 1 drill program, PEA initiation, and toll milling potential from 3.5 g/t stockpile provide multiple near-term value drivers.
Strategic Backing
44.7% held by First Mining Gold and 21.1% by Fiore Group ensures experienced mining leadership and aligned interests.
Zero Debt, Fully Funded
$10.2M cash post-acquisition with no debt. Fully funded for Year 1 exploration and PEA with $5M Cameron budget.
OWNERSHIP STRUCTURE
POST-ACQUISITION STRUCTURE
Acquisition Cost
Transaction Costs
Cash Post Acquisition
Debt Position
Enterprise Value
Market Cap (FD)
Share Count
EV/oz
USE OF PROCEEDS
G&A (Year 1)
Phase 1 Exploration Program
6,000m targeting 150K-500K oz
Preliminary Economic Assessment
Total Cameron Budget: $5,000,000 CAD allocated for Year 1 exploration and development
PEER VALUATION COMPARISON
Enterprise value per gold ounce vs. comparable development-stage projects
Detailed peer valuation data is being compiled and will be available shortly.