The firm was founded in 2005, and primarily engaged in mine development and active exploration for base and precious metal deposits in Sweden.

Between 2006 and November 21, 2014, the company was listed on the alternative exchange AktieTorget (now known as Spotlight Stock Market) using the symbol WIKM.

Vindfall near Gävle and Sandviken was a shallow lead, zinc and silver deposit, which the company saw as its most promising project and intended to develop towards active mining operations.

The following year new equity was issued twice, totaling SEK 30 million, the company was listed on the Aktietorget exchange, and exploration activities commenced.

In 2014, the company resumed drilling operations in Gladhammar, Västervik after a geophysics study had demonstrated greater potential than previously thought, and it was granted a mining concession for its key project Vindfall.