5 Top Weekly TSXV Stocks: BCM Resources Takes the Lead with 40 Percent Gain

Weekly gain: 40 percent; market cap: C$19.9 million; current share price: C$0.105

BCM Resources is a junior explorer that is focused on its flagship Thompson Knolls copper-gold-molybdenum project located in Utah’s Great Basin. The last news from the company's drill program at the site was released on May 24, and it highlights a 155.4 meter intercept at 0.66 percent copper, 0.12 grams per metric ton (g/t) gold and 7.4 g/t silver.

The most recent update from BCM came on September 6, when it increased the size of its position at Thompson Knolls by 15 percent after staking an additional 31 claims; it now covers a land package of 2,242 hectares. BCM said the new claims will allow the company to have full control of the land needed for potential future mining operations at the site.

Weekly gain: 38.1 percent; market cap: C$24.79 million; current share price: C$0.145

Benton Resources is a junior exploration company operating on a project generator model. The company’s current portfolio of licenses, option agreements and partnerships includes gold, silver, nickel, copper and lithium sites in Ontario and Newfoundland. Its most recent acquisition is the Great Burnt copper-gold project in Newfoundland.

Shares of the company have been rising over the past two weeks and gained an additional 38.1 percent last week, climbing to C$0.145. These gains came after news on October 30, when Benton announced the acquisition of a 100 percent interest in the mineral license surrounding the northern portion of Great Burnt. Then, on November 1, the company reported that the first two of 11 drill holes at Great Burnt had encountered "excellent" copper grades of 4.13 percent over 3.25 meters and 8.31 percent over 13 meters. Benton will be expanding its drill program to at least 4,000 meters.

Benton released further news on November 2, saying it had won the Explorer of the Year award at the Canadian Institute of Mining’s Mineral Resource Review in Newfoundland. The award was presented for its Killick and Kraken lithium discovery.

Weekly gain: 38 percent; market cap: C$57.48 million; current share price: C$0.345

Adventus Mining is a copper and gold development company focused on projects in Ecuador. Its flagship operation is the El Domo deposit at its Curipamba site located north of Guayaquil in Central Ecuador, which it owns in partnership with Salazar Resources (TSXV:SRL,OTCQB:SRLZF). Its last exploration update from the site on March 20 delivered assay results of 3.13 percent copper, 0.79 g/t gold, 4.02 percent zinc and 27.9 g/t silver over 14.19 meters.

While shares of the company traded significantly higher last week, Adventus' most recent news release came on October 2, when it was issued a Certificate of No Affect of Water by Ecuador’s Ministry of Environment and Water. The permit is a key milestone and will allow the company to begin the construction of infrastructure at the site, which is located close to sources of surface and groundwater.

Weekly gain: 30.43 percent; market cap: C$25.55 million; current share price: C$0.45

Junior miner Denarius Metals' primary focus is the Lomero copper, gold, silver and zinc project, which contains the Lomero-Poyatos and Palomarejo deposits in Spain’s Huelva province.

In recent weeks, the company has released news from each of its projects, helping to push shares higher.

The first release was a technical report for Lomero-Poyatos on November 2; it includes an updated mineral resource estimate with combined indicated and inferred mineral resources of 61,000 metric tons of copper, 121,000 metric tons of zinc, 54,000 metric tons of lead, 8.6 million ounces of silver and 800,000 ounces of gold.

The company also has the wholly owned Zancundo gold-silver project located 30 kilometers southwest of Medellin, Colombia; it contains the historic underground Independencia mine. On October 30, the company released a preliminary economic assessment for the project, saying it expects it to generate US$1 billion from the sale of 576,000 ounces of gold and 8.8 million ounces of silver over a predicted 10 year lifespan.

Denarius holds an earn-in agreement for up to 80 percent of the Toral zinc, lead and gold project in Northern Spain with Europa Metals (LSE:EUZ). On October 23, the company announced the submission of a mining license application to the Spanish government for the site.

Weekly gain: 28.13 percent; market cap: C$59.84 million; current share price: C$0.205

Radisson Mining Resources is an exploration company focused on the development of its O’Brien project, which is located in the Abitibi region in Western Québec. The property is within the Cadillac Mining Camp, which has more than 45 million ounces from historic production and in mineral reserves, along with three mines currently in operation.

On September 12, the company began a 10,000 meter Phase 1 drill program at O’Brien, saying it will focus on 20 targets extending up to 500 meters in vertical depth. The program will be used to expand the property's resource estimate, which Radisson doubled in March of this year. The current estimate includes indicated resources of 501,000 ounces of gold and inferred resources of 449,000 ounces of gold.

The latest release from Radisson came on October 31, when the company said that due to high demand it was going to increase its previously announced private placement from C$5 million to C$5.5 million at a price of C$C0.18 per share. The offering will be open until November 16.