5 Top Weekly TSXV Stocks: Benton Resources Jumps 122 Percent

Weekly gain: 122.22 percent; market cap: C$19.01 million; current share price: C$0.10

Benton Resources is a junior explorer that operates using a project generator model. It currently has several licenses, option agreements and partnerships for the exploration of gold, silver, nickel, copper and lithium sites in Ontario and Newfoundland. Its most recent acquisition was the Great Burnt copper-gold project in Newfoundland.

The company's share price rose more than 100 percent last week following multiple announcements. The first came on Monday (October 30), when Benton acquired a 100 percent interest in a strategic mineral license surrounding the northern portion of Great Burnt. The main deposit contains semi-massive and massive sulfides indicating significant copper mineralization.

Shares saw their biggest gain on Wednesday after assay results from the first two of 11 drill holes at Great Burnt revealed highlight copper grades of 4.13 percent over 3.25 meters and 8.31 percent over 13 meters. Given the success of the drilling to date, Benton said it will be expanding the program to at least 4,000 meters.

Additionally, on November 2, Benton announced that its alliance with Sokoman Minerals (TSXV:SIC,OTCQB:SICNF) had won the Explorer of the Year award at the Canadian Institute of Mining’s Mineral Resource Review in Newfoundland. The award was presented in recognition of the companies' Killick and Kraken lithium discovery, for which Piedmont Lithium (NASDAQ:PLL,ASX:PLL) recently signed an option agreement.

Weekly gain: 44.44 percent; market cap: C$11.3 million; current share price: C$0.065

ValOre Metals is a junior exploration company that specializes in the acquisition of existing sites with significant investment with a focus on the discovery of new mineralization zones to expand the district-scale potential of the sites. Its current focus is on its Pedra Branca project, a palladium, platinum and gold project in Brazil. The rest of its portfolio includes the Genesis and Hatchet uranium projects and Baffin gold.

This past Monday, ValOre reported the final assay results from its recent drill program on the Trapia 1 target at its Pedra Branca site. The drilling revealed resource potential that extended the known mineralization boundary 400 meters. The results from this drill program have built upon the 31 previous holes drilled at the site to expand the strike length of the deposit to 1 kilometer and the depth to 300 meters. Shares in the company reached a weekly high of C$0.07 on Thursday.

Weekly gain: 39.47 percent; market cap: C$36.29 million; current share price: C$0.53

Great Pacific Gold is a gold exploration company with six gold projects in Australia and three recently acquired properties in Papua New Guinea. The company recently changed its name from Fosterville South Exploration following the acquisition of Wild Dog Resources and its projects outside of Australia.

News of the acquisition was released on September 21, when it announced the closure of a deal to purchase Wild Dog Resources and its operations in Papua New Guinea including its Wild Dog, Arua and Kesar Creek projects. The assets brought under the control of Great Pacific Gold consist of 2,166 square kilometers in mineral exploration land packages, two exploration licenses and three more in the application stage.

The company has not provided further updates.

Weekly gain: 29.73 percent; market cap: C$21.07 million; current share price: C$0.24

Electric Metals is a manganese and silver development company with projects in the United States focusing on supporting the transition to renewable and clean energy. Its core assets are the Emily manganese project in Minnesota, and the Belmont silver project in Nevada.

Company shares performed strongly this past week, rising nearly 30 percent off news it released Tuesday (October 31) that drilling results from its Emily site have yielded high-grade manganese intersections, confirming a mineralized trend of more than 1,100 meters and indicating the company has not yet found the limits of the deposit at length or depth. Grading of the cores has demonstrated a manganese mineralization highlight interval of 16.62 percent over 20.6 meters including 46.3 percent over 1.46 meters.

Weekly gain: 26.32 percent; market cap: C$16.69 million; current share price: C$0.12

Tower Resources is a mineral exploration company focused on the development of projects in British Columbia, Canada. Its assets include the Rabbit North copper-gold porphyry project located in the Kamloops mining district, the Nechako gold-silver project in Central BC and the More Creek gold-silver project located in BC’s Golden Triangle.

The company hasn’t released news since October 5, when it announced it had commenced drilling to better define the Promising Thunder and Rainbow copper-gold-molybdenum targets at its Rabbit North project. Tower says it is planning 1,500 meters of drilling to determine the configuration of each zone.