5 Top Weekly TSXV Stocks: NorthIsle Copper and Gold Jumps Over 35 Percent

Weekly gain: 36.11 percent; market cap: C$52.17 million; current share price: C$0.245

NorthIsle Copper and Gold is a Vancouver-based company focused on developing sustainable projects. Its North Island project is located on the northern part of Vancouver Island in BC, Canada, where it sits on a 33,000 hectare mineral claim with deposits of copper, gold, molybdenum and rhenium.

NorthIsle's share price surged last Wednesday (September 27) to C$0.26 following the release of assays for one core from a 2023 drill program at North Island’s Northwest Expo target. The core includes the highest grade and thickness result drilled at the site to date: 130 meters grading 1.65 grams per metric ton (g/t) gold and 0.33 percent copper, including 72 meters at 2.22 g/t gold and 0.41 percent copper and 15 meters at 3.42 g/t gold and 1.15 percent copper.

Weekly gain: 32.08 percent; market cap: C$41.6 million; current share price: C$0.35

Condor Resources engages in precious and base metals exploration in Peru using a project generator model. The company has an active portfolio of 12 targets and four joint venture agreements in place. Seven of its projects are 100 percent owned by the company, and two currently have drill programs underway.

Condor has performed strongly this year and surged significantly on June 23, when it received a payment from Chakana Copper (TSXV:PERU,OTCQB:CHKKF), which has an option to earn a 100 percent interest in Condor's Soledad project over 4.5 years.

Although it did not release news last week, Condor reached a weekly high of C$0.35 on Thursday (September 28).

Weekly gain: 30.77 percent; market cap: C$25.85 million; current share price: C$0.17

Lithium Energi Exploration is focused on the acquisition, exploration and development of lithium brine assets in Argentina. Its portfolio consists of 72,000 hectares within Argentina’s section of the Lithium Triangle, which it is actively exploring.

Lithium Energi’s share price traded higher this past week, reaching a peak of C$0.175 on Thursday following news that the company is responding to interest from multiple potential acquirers and has formed a special committee to initiate a strategic review process to evaluate its full range of options, including “equity market transactions, disposition of certain assets, or a potential sale or merger.”

Weekly gain: 28.57 percent; market cap: C$44.7 million; current share price: C$0.09

VVC Resources is nearing the start of production at Gloria, its copper asset in Mexico, which has an indicated copper resource of 59.4 million pounds. The company also has seven helium and natural gas projects throughout the US, along with a 14 percent stake in Proton Green, which specializes in the production of helium and carbon dioxide.

Shares of VVC traded up this past week, hitting a weekly high of C$0.09 on Thursday. The company did not release news during the period, but may have been buoyed by a rise in the copper price.

Weekly gain: 28 percent; market cap: C$28.55 million; current share price: C$0.32

Phenom Resources is a gold and vanadium exploration company that wholly owns the Carlin gold-vanadium project in Nevada and the West Jerome copper project in Arizona. The company’s Carlin project lies within the Carlin Gold Trend, where past mining has produced more than 9 million ounces of gold across multiple sites. The project was first explored in the late 1960s by Union Carbide, which defined a vanadium resource that Phenom claims has since become North America’s largest and highest-grade primary vanadium deposit.

Shares of Phenom rose this past week, hitting C$0.32 at the end of trading on Thursday. This continued an upward trend that started after the company announced on September 19 that it would begin drilling at its Carlin site on October 1. Phenom has been working with Dave Mathewson, formerly of Newmont (TSX:NGT,NYSE:NEM) and a specialist on the Carlin Gold Trend. Mathewson discovered significant deposits in the area throughout the 1990s.