American Clean Resources Group Inc (ACRG) is a pre-revenue mineral processing company that is developing a permitted custom toll milling and precious metals processing facility on its 1,186-acre Tonopah, Nevada property. The intended revenue model is fee-based toll milling, where miner customers pay the company to process ore and recover precious metals such as gold and silver, with the company performing assaying, metallurgical testing, and extraction using pyrometallurgical and hydrometallurgical methods. As of December 31, 2025, the facility had not yet processed any customer ore, no revenues had been generated, and the company carried a working capital deficit with cash on hand of $5,296. The company has disclosed substantial doubt about its ability to continue as a going concern. Tawana Bain serves as CEO, Director, and Chairwoman, and Luke McPherson serves as CFO. Granite Peak Resources LLC (GPR), the majority stockholder and a related party, has been the primary external financing source, though its outstanding line of credit was fully converted to equity as of December 31, 2025. As of March 30, 2026, there were 14,099,393 shares issued and outstanding held by approximately 169 shareholders of record. No dividends have been paid.

Revenue model

Fee-based toll milling: miner customers pay per-unit processing fees to have ore and tailings processed for precious metal recovery. No revenues generated as of the FY2025 10-K filing date.

Products and services

Custom toll milling and precious metals processing services, including metallurgical testing, assaying, gold table concentration, and pyrometallurgical and hydrometallurgical recovery. Planned analytical lab at the Tonopah, Nevada processing facility. Non-binding joint venture (Nexus 7 Elements LLC) for critical mineral processing pilot operations at a 207-acre site in Winnie, Texas, subject to definitive agreements.

Customers and end markets

Mining operators (miner customers) seeking third-party processing of ore and tailings for precious metal recovery, primarily gold and silver. No active customer relationships reported as of FY2025.

Value-chain role

Midstream mineral processor: accepts ore and tailings from mining operators, performs extraction and recovery of precious metals, and returns processed material or tailings to customers. Does not conduct primary mining extraction.

Geographic exposure

Tonopah, Nevada (1,186-acre property, site of planned processing plant). Winnie, Texas (proposed Nexus 7 JV pilot site, subject to definitive agreements).

Source: SEC 10-K, filed 2026-03-31

Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels) Peers: Star Alliance International Corp. Comstock Inc Newmont Corporation Patriot Gold Corp Paramount Gold Nevada Corp Timberline Resources Corp Thunder Mountain Gold Inc