MineralRite is a Texas-based development-stage company focused on acquiring and monetizing mineral assets, primarily previously processed mine tailings. The company's core focus is the Skull Valley tailings project, acquired at end of 2024, where it aims to re-process leftover mining materials to extract residual gold and silver. Rather than mining directly, MineralRite plans to hire third-party contractors to physically process the materials while MineralRite handles project management and technical oversight. The intended business model is to acquire undervalued tailings and above-ground mineral assets, advance them through technical evaluation and regulatory compliance, and then monetize them via production, joint ventures, project-level financing, or asset sales. MineralRite argues that tailings projects are attractive because the geology is already understood and above-ground materials are cheaper to process than underground mining. The company has no direct employees — its CEO and one other principal consultant direct operations through their own consulting companies. MineralRite is pre-revenue and pre-production, and is entirely dependent on outside financing and third-party contractors to advance its projects. The company also holds mining equipment IP and inventory, which management views as a tool to identify broader mineral-processing opportunities. MineralRite traces its origins to a Nevada shell company formed in 1996, with current management taking control in 2023 and refocusing on mineral asset development. The company trades on the OTC markets under the symbol "RITE."