Crescat Capital

Crescat Capital is a global macro asset management firm.

Kevin Smith

Founder and CEO

Past deals in Precious Metals

Orestone Mining

Post in 2025
Founded in 2007, Orestone Mining is a junior mineral exploration company headquartered in Vancouver, Canada. It focuses on acquiring, exploring, and developing mineral properties, with a primary focus on gold and copper deposits. Its flagship project is the Captain property, covering approximately 72 square kilometers in British Columbia.

Fathom Nickel

Post in 2025
Fathom Nickel is a resource development and exploration company dedicated to discovering high-grade nickel sulfide deposits essential for the electric vehicle and green energy markets. The firm is actively advancing exploration efforts at its flagship Albert Lake Project in Saskatchewan, which includes the historic Rottenstone mine, known for being one of the highest-grade nickel deposits ever mined in Canada. In addition to the Albert Lake Project, Fathom Nickel also focuses on the Gochager Lake Project, further expanding its portfolio in the pursuit of valuable base and precious metals throughout Canada.

Barksdale Resources

Post in 2024
Barksdale Resources is a Canadian-based exploration company focused on acquiring and developing precious and base metal mineral properties in the Americas. The portfolio centers on projects in the United States, notably Arizona, with a focus on copper, zinc, lead, silver, and gold. Its flagship Sunnyside and San Antonio projects are in the Patagonia Mountains of southern Arizona, and it has an option to acquire the Four Metals property in Santa Cruz County, Arizona. The company also holds interests in additional properties in Arizona as well as Sonora and Mexico, including Canelo, Goat Canyon, and San Javier. Barksdale emphasizes disciplined asset selection, systematic exploration, de-risking, and maintaining district-scale control with optional exits to create shareholder value.

Cantex Mine Development Corp

Post in 2024
Cantex Mine Development Corp is a Canada-based mineral exploration company focused on the acquisition and development of mineral properties with potential commercial deposits. It operates in Canada, Yemen and the United States, exploring for gold as well as nickel, copper, lead, zinc, manganese, cobalt, platinum, palladium and rhodium. The company’s primary project is in the Yukon, comprising about 21,500 hectares across roughly 1,075 claim blocks. It holds interests in properties in Yemen including Al Hariqah, as well as exploration projects in Nevada and Yukon. The business operates in a single segment, Mineral Exploration, and is headquartered in Kelowna, Canada.

Juggernaut Exploration

Post in 2024
Juggernaut Exploration is a Canadian mineral resource company engaged in acquiring, exploring, and evaluating mineral resource properties. It focuses on precious and base metal deposits and holds option rights to acquire 100% interests in several properties in British Columbia, including the Midas project in Skeena Mining District, the Empire project in Omineca Mining District, and the Gold Standard project in West Central British Columbia. The company also pursues additional projects such as Bingo and Goldstar, expanding its portfolio of early-stage mineral exploration opportunities. Based in Vancouver, Juggernaut Exploration coordinates exploration activities across its property interests to assess resource potential and guide future development.

Cantex Mine Development Corp

Post in 2023
Cantex Mine Development Corp is a Canada-based mineral exploration company focused on the acquisition and development of mineral properties with potential commercial deposits. It operates in Canada, Yemen and the United States, exploring for gold as well as nickel, copper, lead, zinc, manganese, cobalt, platinum, palladium and rhodium. The company’s primary project is in the Yukon, comprising about 21,500 hectares across roughly 1,075 claim blocks. It holds interests in properties in Yemen including Al Hariqah, as well as exploration projects in Nevada and Yukon. The business operates in a single segment, Mineral Exploration, and is headquartered in Kelowna, Canada.

NuLegacy Gold

Post in 2023
NuLegacy Gold Corporation is a gold exploration company focused on acquiring and exploring mineral properties in Nevada. Established in 2009 and headquartered in Vancouver, Canada, the company aims to discover Carlin-type gold deposits, which are significant sources of gold. Its flagship asset is the Red Hill property, strategically located in Eureka County, adjacent to notable multi-million-ounce deposits such as Pipeline, Cortez Hills, and Goldrush, all of which are operated by Barrick Gold. Founded by Dr. Roger Steininger, a recognized exploration geologist with a history of successful discoveries, and financier Mr. Albert Matter, NuLegacy Gold seeks to identify valuable gold resources and potentially partner with gold producers to bring these deposits into production. The company is led by CEO James Anderson, who is focused on expanding the Iceberg gold deposit and facilitating the company's growth in the gold mining sector.

Kalo Gold

Seed Round in 2023
Kalo Gold is a mineral exploration company engaged in gold prospecting. It focuses on the Vatu Aurum project in Fiji and the AxelGold project in Canada.

Zacapa Resources

Post in 2022
Zacapa Resources Ltd is a mineral exploration company based in Vancouver, Canada, focused on developing copper and gold projects in premier mining regions of the Southwestern United States. Founded in 2021, Zacapa's portfolio encompasses drill-ready targets spanning over 170 square kilometers in states such as Arizona, Colorado, Idaho, and Nevada. Key projects include Red Top, Pearl, Dewdrop, and Miller Mountain, among others. The company is dedicated to the exploration and evaluation of its mineral properties, aiming to leverage the rich geological potential of these world-class jurisdictions.

Bald Eagle Gold

Post in 2022
Bald Eagle Gold is a mining company that focuses on the exploration and development of assets in known gold districts in the Americas. The company was founded in 2018 and is headquartered in Toronto, Ontario, Canada.

Grande Portage Resources

Post in 2021
Grande Portage Resources Ltd. is a mineral exploration company based in Vancouver, Canada, focused on the exploration and development of gold properties in Alaska and British Columbia. The company holds a 100% interest in the Herbert Gold property, which consists of 91 unpatented mining claims located approximately 25 kilometers north of Juneau, Alaska. Established in 1984, Grande Portage Resources is dedicated to identifying and advancing its gold discovery projects in these regions.

Inflection Resources

Post in 2021
Inflection Resources is a mineral exploration company focused on gold and copper-gold projects in Eastern Australia. It systematically drills tests a large portfolio of projects in New South Wales, exploring for significant copper-gold and gold deposits within the northern extension of the Macquarie Arc.

Condor Resources

Condor Resources Inc. is a mining exploration company dedicated to the discovery of base and precious metals, primarily focusing on gold and copper, in South America. The company holds a portfolio of exploration-stage properties situated in significant, yet underexplored regions of Peru and Chile. Key projects include Chavin, Soledad, Quriurqu, Huinac Punta, Ocros, Pucamayo, Humaya, San Martin, Lucero, and Quilca-Quilisane. With over 40 years of combined experience in mineral exploration, Condor's team possesses a proven track record in identifying and evaluating new projects, which enhances the efficiency of their operations and aims to maximize shareholder value.
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