Critical mineral development from proven ground.
Our lead project is the historical Yxsjöberg tungsten mine in Bergslagen, Sweden, which produced metal for 70 years. We are investigating whether reprocessing its surface tailings could fund the redevelopment of the mine.
Canadian-listed critical minerals explorer ยท CSE: ROAD
Why tungsten
Tungsten is a strategic metal in tight supply
-
Europe put tungsten on its short list.
The EU classifies tungsten as both a Critical and a Strategic Raw Material.
-
Sweden treats it as national security.
In July 2026, Sweden declared the mining of critical metals a national security interest.
-
Supply is concentrated outside the West.
Most tungsten is produced outside the West, and China has placed export controls on it.
Featured project
Our lead project: Bergslagen, Sweden
The Yxsjöberg tungsten mine produced metal from 1918 until it closed in 1989, leaving surface tailings and a large historical record. Our plan has two stages: first, drill and sample the surface tailings to establish what they contain; then, extend the work to the shallow hard rock near the mine.
See the Bergslagen projectWhere we are now
Preparing to drill the tailings
We have engaged GeoPool, a Nordic geological consultancy, to bring the historical drilling, mine plans and sampling at Yxsjöberg into one modern 3D model, and we are obtaining the permits for a systematic drilling and sampling programme on the surface tailings, with the intention of starting before the end of 2026.
Our approach
We work from historic data, not from scratch
Our approach is consistent: take historic and regional data, re-analyse it, and re-assess ground that was passed over. Bergslagen is that approach in action. Everything else we hold is the same idea at an earlier stage.
Portfolio
Bergslagen leads a wider portfolio
The projects below are held on the same thesis, at an earlier stage, and we weight them accordingly.
-
Sweden
Bergslagen Tungsten Project
100% owned.
-
South Australia
Leigh Creek Magnesium
100% owned.
-
Queensland, Australia
Allaru Vanadium Project
57% owned. Vanadium, with potential for high-purity alumina and molybdenum.