The company is advancing a multi-faceted strategy toward an updated NI 43-101 mineral resource estimate targeted for 2027, incorporating approximately 5,000 metres of historical drilling and a planned 2026 drill program designed to support resource expansion and upgrade. In June 2026, Upside closed a brokered private placement generating aggregate gross proceeds of $5,137,600, strengthening its capital position for exploration activities.
Cyborg Score Rationale
The Kena project hosts a historical resource of approximately 3.31 million ounces of gold, with 561,000 ounces in the Indicated category and 2.77 million ounces in the Inferred category. The company has experienced management, recent capital funding, and a 2026 exploration program underway, but faces typical junior explorer risks and commodity price exposure.
Top Insights
Upside Gold has reported new findings from historic data compilation at its Kena Gold-Copper Project, providing fresh evidence that the deposit may be significantly larger than previously defined.
The company is incorporating approximately 5,000 metres of historical drilling data into its 2027 mineral resource estimate update.
Upside Gold is expanding the Kena project footprint by signing an LOI to acquire surrounding land to strengthen the continuity of its mineralised land package.
The company's CEO Sophy Cesar has more than 15 years of senior executive experience in the junior resource sector, and VP of Exploration Dr Trevor Boyd has more than 30 years' of senior experience in the resource sector.
Named Competitors
Mt Milligan — Gold-copper mine in British Columbia
Trail Operations — Large diversified miner with zinc and lead operations in Kootenay region