MineralRite Corporation (OTC: RITE) is a development-stage resource company focused on mineral recovery and strategic asset monetization. It does not currently generate material operating revenue; its stated path to monetization involves joint-venture arrangements, off-take agreements, and the eventual commercial recovery of precious metals from owned mineral leases and previously processed mine tailings. On December 31, 2024, the company acquired 100% of California Precious Metals LLC and Peeples, Inc. from NMC, Inc., adding two mineral leases, previously processed mine tailings, a mine development plan, and associated technical documentation to its asset base. The company reported no operating revenue for the year ended December 31, 2025, compared to $5,000 of revenue for the year ended December 31, 2024. Total operating expenses were $434,819 for the year ended December 31, 2025. The company reported a net loss of $291,519 for the year ended December 31, 2025. It carries a going-concern qualification and relies on equity issuances, convertible instruments, and related-party advances to fund operations. James Burgauer serves as President, per the 10-K signed March 15, 2026. The company is incorporated in Texas.

Revenue model

No material operating revenue was generated during the year ended December 31, 2025. The company's intended revenue streams, not yet producing, include mineral sales and services, joint-venture arrangements, off-take agreements, and asset monetization transactions. Capital needs are funded through equity issuances, convertible instruments, and related-party advances.

Products and services

Mineral leases held through California Precious Metals LLC and Peeples, Inc. (acquired December 31, 2024); previously processed mine tailings targeted for reprocessing and precious metals recovery; mine development plans and technical recovery documentation acquired as part of the Peeples, Inc. transaction.

Customers and end markets

No customers disclosed in the filing. End-market demand is tied to precious metals prices, specifically gold and silver, which are subject to inflation, interest rates, central bank activity, geopolitical conditions, and investor sentiment, per the 10-K filed 2026-03-25.

Value-chain role

Pre-revenue mineral asset developer and tailings reprocessing company. The company holds mineral leases and mine tailings assets and is seeking joint-venture partners, off-take arrangements, and capital to advance development. No mining or processing operations were active as of December 31, 2025.

Geographic exposure

Mineral assets are located in California and include an Arizona State Land Department (ASLD) lease, per references to maintaining the ASLD lease in the 10-K filed 2026-03-25. Principal offices are listed at a Dallas, Texas (75201) address.

Source: SEC 10-K, filed 2026-03-25

Industry: Miscellaneous Metal Ores