5 Top Weekly TSXV Stocks: ValOre Metals Leads with Jump of Over 50 Percent

Weekly gain: 54.55 percent; market cap: C$13.06 million; current share price: C$0.085

ValOre Metals focuses on projects with significant prior investment and high-value mineralization. Its primary project is the Pedra Branca platinum-group metals project in Brazil, which it is currently exploring through a 5,000 meter drill program.

ValOre also wholly owns the Baffin gold property and the Hatchet Lake uranium property, and has a 50 percent interest in the Genesis uranium property. ValOre closed the sale of its Angilak uranium property to Latitude Uranium (CSE:LUR) in June.

Although the company hasn’t released news in July, its share price climbed last week to peak at C$0.09 on Thursday (July 13).

Weekly gain: 53.33 percent; market cap: C$15.51 million; current share price: C$0.115

Imperial Mining is a technology metals company focused on its Crater Lake scandium project in Quebec, Canada. Earlier this year, the company shared that it had filed a patent application for its “two-stage hydrometallurgical methods and processes for the extraction of scandium and rare earth elements from Crater Lake project mineralization.”

While Imperial Mining didn’t release news last week, it ended the previous period by closing a non-brokered private placement for proceeds of C$1.6 million. The funds will be used in part to advance Crater Lake.

Weekly gain: 49.47 percent; market cap: C$47.58 million; current share price: C$0.71

Exploration company DLP Resources is focused on base metals and cobalt projects in Southeast BC, with a portfolio of properties that includes the Aldrige 1 and 2 groups, the Hungry Creek copper-cobalt-silver project and the Redburn Creek copper-cobalt project. The company also has the Aurora porphyry copper-molybdenum project in Peru.

DLP Resources hasn’t released news in July, but its share price jumped from C$0.51 to C$0.74 during early trading hours last Monday (July 10), marking a new all-time high for the explorer.

Weekly gain: 45.45 percent; market cap: C$41.9 million; current share price: C$0.08

VVC Resources’ portfolio includes helium and natural gas production in the US, as well as copper, base metals and precious metals projects in Mexico. Its Gloria copper project is fully permitted and has been approved for a pilot mine.

VVC has 14.09 percent ownership of Proton Green, which announced the startup of its Phase 1 helium extraction plant in Arizona on June 26. While the company didn’t release news last week, its share price climbed to C$0.08 on Friday (July 14).

Weekly gain: 44.44 percent; market cap: C$10.12 million; current share price: C$0.065

Ultra Lithium is a lithium and gold company with projects in Argentina, Canada and the US. Its two lithium properties in Argentina, Laguna Verde I and II, are lithium brines, while its Ontario lithium projects, Georgia Lake and Forgan Lake, are pegmatite deposits.

In May, Ultra Lithium and Power Minerals (ASX:PNN,OTC Pink:PEIMF) signed a binding term sheet through which Ultra Lithium will sell its Laguna Verde projects to Power Minerals in exchange for up to 50 million shares of the latter company. When the agreement closes, the two will work towards a maiden JORC mineral resource for Laguna Verde.

The company hasn’t released news since May, but its share price performed strongly last week.