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Lode Exchange

The market for mining project finance

Building the market for the next generation of mines

Lode Exchange connects mining projects, private or listed, with professional investors through standard, interactive 3D data rooms. Shared investment rounds, which let many investors fund a project together, are in development.

Browse projectsList your project
Illustrative drill sectionA cross-section through a hillside. A mineralized zone dips to the east and five drill holes test it. Four holes intersect the zone. Hole LX-03 returned the best result, 42.0 metres at 2.31 grams per tonne gold.100 m deep200 m deep300 m deepMineralized zoneOpen at depthLX-01LX-02LX-03LX-04LX-05100 mIllustrative drill sectionA cross-section through a hillside. A mineralized zone dips to the east and five drill holes test it. Four holes intersect the zone. Hole LX-03 returned the best result, 42.0 metres at 2.31 grams per tonne gold.LX-01LX-02LX-03LX-04LX-05
Illustrative drill section 4250N, looking north. Not a real project.

The problem

The opportunity isn't in doubt. The market is missing.

Mining projects are real assets that capital wants. Outside the stock markets there is nothing between them: no standard way to present a project, no one to share the risk, and no way to sell later.

Our approach

We build the market in the order exchanges are built

First a standard everyone can read, then rounds that many investors share, then a way to trade. Each step needs the one before it.

Join the investor list
  1. 1Live

    A standard for every project

    Every project sits on one six-stage scale with a standard data room: drill holes in 3D, assays, maps and documents. One NDA per project opens it, and the owner decides who downloads raw data.

  2. 2In development

    Shared rounds, with the owner invested too

    An owner, private or listed, could raise through shares, a royalty, a stream or a convertible note, divided into units that many investors share. The owner does the work and puts its own money into the programme, sometimes alongside a lead investor, and each round passes our due-diligence review. Projects that draw investor interest become the first candidates.

  3. 3Later

    Periodic auctions

    Once enough investors hold the same project, units could trade between them in scheduled auctions on a regulated venue, with every holder receiving the same updates first.

Shared rounds are in development and not open. Nothing on this site is an offer, and numbers in examples are illustrative. Joining the investor list gives updates only, with no right or priority to take part. More about shared rounds.

Live today

From teaser to data room

Projects are shown by code name. Each data room opens once you sign that project’s NDA, so owners can share more than they would in public.

For investors

  1. 1BrowseProjects are listed by code name, with their stage, location, commodity and a summary.
  2. 2Sign the NDACreate a free account and sign the project's confidentiality agreement online.
  3. 3View the data roomExplore the maps, drill holes and logs in 3D, and read the owner's documents.
  4. 4DownloadPresentations and documents download straight away. Drill and log data need the owner's approval: send a request.
Browse projectsCreate a free account

For project owners

  1. 1SubmitDescribe the project and upload the licence, reports and data. Nothing is published.
  2. 2Choose what to shareDecide what goes in the data room. Investors view it under NDA and ask you before downloading drill and log data.
  3. 3ListingYour project is published by code name only, with a short teaser.

Free to list, with no success fee. Projects at every stage, from exploration licences to studies, can apply, whether the owner is private or listed.

Submit a project
Project LX · Gold · Stage 3, maiden resourceNDA signed · data room open
Live demo
Illustrative drill sectionA cross-section through a hillside. A mineralized zone dips to the east and five drill holes test it. Four holes intersect the zone. Hole LX-03 returned the best result, 42.0 metres at 2.31 grams per tonne gold.100 m deep200 m deep300 m deepMineralized zoneOpen at depthLX-01LX-02LX-03LX-04LX-05100 mIllustrative drill sectionA cross-section through a hillside. A mineralized zone dips to the east and five drill holes test it. Four holes intersect the zone. Hole LX-03 returned the best result, 42.0 metres at 2.31 grams per tonne gold.LX-01LX-02LX-03LX-04LX-05

LX-03: 42 m at 2.31 g/t from 212 m, including 6 m at 9.80 g/t from 236 mHover or click a hole, here or in the table.

Drill results for Project LX (invented). Choose a hole to highlight it.
HoleFromWidthGold
64 m40 m1.12 g/t
138 m44 m1.87 g/t
212 m42 mincl. 6 m2.31 g/t9.80 g/t
296 m36 m0.94 g/t
No significant result
Illustrative project with invented data. A real data room adds the licence map, drill holes in 3D, assays, studies and documents.
  • One NDA per project
  • Drill data in 3D
  • Raw data downloads with owner approval
  • Free for owners, no success fee

I’m an investor

Browse projects by stage, sign a project’s NDA and open its data room. Join the list for updates, including on investment rounds in development.

Browse projectsJoin the investor list

I have a project

Submit your project with its licence and data, free. It is listed by code name only, and you decide who can download your raw data.

Submit a project