5 Top Weekly TSXV Performers: Positive Intercepts Push Western Alaska Shares Higher

Explorer Western Alaska Minerals controls all claims in Western Alaska's Illinois Creek Mining District. The property covers 55,360 acres in the district, which contains at least five deposits of gold, silver, copper, lead and zinc.

Last Wednesday (July 20), Western Alaska released intercepts and visual results from ongoing drilling at the Waterpump Creek carbonate replacement deposit.

“While the company finds these visual results to be encouraging, it cautions that the significance of the observations reported here will not be known until assays are received and reviewed,” the statement reads.

The discovery helped Western Alaska shares climb 111.97 percent last week, closing at C$3.81.

Gold explorer GobiMin is presently exploring and developing the Sawayaerdun gold property in Xinjiang, China. The company and its subsidiaries also focus on investing in equity, debt and other securities.

The company did not release any updates last week; however, its share price continues to benefit from GobiMin’s decision to sell its Sawayaerdun project for C$88 million.

Last week, company shares were up 64.17 percent selling for C$0.82.

ION Energy is working on exploration and development in Mongolia's lithium salars, and the Baavhai Uul lithium brine project is the company’s flagship asset. At more than 81,000 hectares, it is described by the company as the largest and first lithium brine exploration license awarded in Mongolia. ION also holds the Urgakh Naran lithium brine license in Mongolia, which spans over 29,000 hectares.

Earlier this month, ION released “encouraging” geophysics results from a transient electromagnetic survey on its Urgakh Naran project. Shares of ION enjoyed a 60.53 percent uptick last week, ending the session at C$0.30.

FireFox Gold is engaged in gold exploration in Finland, where it has a large portfolio of prospective claims.

In mid-July, FireFox updated shareholders on a 2022 core drilling program at its wholly owned Mustajärvi gold project in Lapland, Finland. The results include four holes that returned “significant near-surface, high-grade gold mineralization." Last week, shares of Fire Fox added 60.4 percent to trade for C$0.16.

Gold firm Grand Portage Resources is focused on exploring its Alaska-based Herbert gold discovery.

Although the company did not release any updates last week, at the beginning of July, Grand Portage announced the commencement of a drill program at its Herbert property.

Shares of Grand Portage saw a 60.3 percent increase last week to conclude the five day period priced at C$0.32.