Gold Candle Ltd.
Gold Candle Ltd. is a privately held Canadian mineral exploration and development company headquartered in Toronto, Ontario. The company's core business revolves around the responsible exploration and potential development of gold and nickel resources, primarily focusing on its flagship Kerr-Addison Gold Mine project and the Geminid nickel deposit in northeastern Ontario. Its mission emphasizes conducting activities that benefit local communities, employees, and shareholders while upholding environmental stewardship.
Gold Candle's primary assets include the historic Kerr-Addison Gold Mine, which hosts Indicated gold resources of 3.3 million ounces and Inferred gold resources of 2.4 million ounces, and the Geminid nickel deposit, with Inferred nickel resources of 105 million pounds (2.9 million tonnes at 1.6% Ni). The company's operations encompass mineral exploration, extensive infill and exploration drilling programs, project advancement, and ongoing economic studies aimed at bringing these properties into production.
Recent notable developments for Gold Candle include the continued expansion of the Kerr-Addison open pit through successful step-out drilling in early 2026 and the discovery of new high-grade mineralization at the Party Wall zone in May 2025. The company also released an updated mineral resource estimate for Kerr-Addison in February 2025 and an initial resource estimate for the Geminid Nickel Sulphide Zone in May 2025. Led by CEO Rick Howes and President & COO Leon LeBlanc, with Michael Berns as Founder and Director, Gold Candle is strategically positioned as a well-funded private entity actively advancing its projects toward becoming a significant producer in the Canadian mining sector.
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