Rise Gold is a pre-revenue gold mining development company whose sole asset is the Idaho-Maryland Gold Mine near Grass Valley, California — a historically high-grade underground gold mine that has not operated in decades. Rise Gold owns approximately 2,585 acres of mineral rights and surrounding land through its wholly owned subsidiary, Rise Grass Valley. The company has no mining operations and no employees in the traditional sense; the CEO works under a consulting agreement and other officers contribute on an as-needed basis. Rise Gold's near-term activity is entirely focused on litigation: Nevada County rejected its petition to mine without a use permit in December 2023, and Rise Gold filed a Writ of Mandamus in May 2024 asking the California Superior Court to compel the County to recognize its vested mining rights. Oral arguments are set for January 2026. If Rise Gold wins, it plans to restart underground mining operations targeting 1,000 tons per day through the existing Brunswick shaft, processing ore via gravity and flotation to produce gold concentrates, with roughly 300 employees at full production. The company has no revenues and funds itself through equity raises and asset sales, including selling non-core land adjacent to the mine for $4.3M while retaining an option to repurchase it if mining approvals are ultimately received.