The best performing Canadian mining shares on TSX, TSXV and CSE are welcome weekly of the news network, which begins with a round-up of Canadian and American news affecting the resource sector.
This week the major incident affecting the markets was a shutdown of the US government.
Although the legalists are trying to find a solution, Democrats and Republicans live in Loggerheads for various issues, including medicade funding. For the first time in seven years, the closure said that the government was closed-the last time in December 2018, the disputed US-Maxico came during a conversation on the border wall.
President Donald Trump has pledged to shut down through the firing of thousands of federal government employees and to cut funds for projects promised by Democrats.
Additionally, there is a delay in the report of a job report set for release on Friday (October 3), leading to more uncertainty for analysts and investors who were trying to find out the strength of the economy in September.
Despite the lack of official government data, the payroll processor ADP reported the loss of 32,000 jobs in September. The decline represents a significant difference from 45,000 job analysts that were expected to add.
MPs have not been determined to return to the conversation table until the beginning of next week.
For more information about the markets moving this week, see our top market news round-up.
Markets and goods react
The Canadian equity markets were in a positive field till the end of trading on Friday.
The S&P/TSX Composite Index continued its record-breaking performance this week, growing 2.33 percent for the period of closure on Friday at 30,471.68 on Friday.
S&P/TSX Venture Composite Index (JX) performed even better, finished the week up to 964.04 at 4.38 percent. The CSE Composite Index (CSE: CSECCOMP) was up 3.3 percent to close the week at 180.03.
The price of gold continued to rise this week, set another new record as it achieved an intraday high of $ 3,893.82 an ounce on Thursday (2 October). It was 3.63 percent a week, at US $ 3,884.19 from close to Friday.
The more significant advantage in the price of silver was seen, during the trading on Friday, the US $ 48.30 an year-by-US increased by 6.31 percent to set a year-US high; It settled at US $ 47.95 at 4:00 pm on that day.
The Copper had large-scale benefits in the form of a fallout, which kept waving through the market due to the shutdown of the Freeport-Macmorn (NYSE: FCX) Grassberg Mine. It rose 7.13 percent to US $ 5.11 per pound this week.
S&P Goldman Sachs Commodities Index (SPGSCI) fell 2.12 percent to end at 546.27 on Friday.
Top Canadian Mining Stock this week
How did mining stocks perform against this background?
Take a look at the five best performing Canadian mining stocks of this week.
Stock data for this article was recovered using the tradingview stock screener at EDT at 4:00 pm on Friday. Trading companies on TSX, TSXV and CSE only include more than $ 10 million market cap. Mineral companies were considered within non-energy minerals, energy minerals, process industry and manufacturer manufacturing sectors.
1. Prosctor Metals (TSXV: PPP)
Weekly Benefits: 355.56 percent
market cap: C $ 128.18 million
Share price: C $ 1.23
Prosctor Metals is a Gold Explorer working to carry forward its major ML project in Yucon, Canada.
Property of 10,869 hectares located near Dawson City is located within the Tintina Gold Belt, home to significant historical mining operations and current investigation and development projects.
The exploration on the site has discovered more than two dozen high-ranked gold surface phenomena including the Buono target, which has given samples with grades up to 156 grams per metric tons (g/t).
On Wednesday (1 October), the principal’s shares increased after the release of assay results. In its announcement, the company reported significant proximity, high-grade assays with a highlighted sample of more than 44 meters/t gold, and another 24.65 m is showing 21.93 g/t gold, with more than 288 g/T gold.
2. Socon Mineral (TSXV: SIC)
Weekly Benefits: 200 percent
market cap: C $ 45.92 million
Share price: C $ 0.165
Socon Minerals itself bills with one of the largest land posts in Build Projects and one of the largest land posts in Newfoundland and Labrador, Canada as a discovery company. It also owns 40/40/20 joint venture with 40 percent stake in Killic Lithium Project, Benton Resources (TSXV: BEX) and PiedMont Lithium (ASX: PLL).
Its primary focus is its major Moshed Gold Project located in the Central Newfoundland. The project consists of 98 claims covering 2,450 hectares and according to Sokoman, a orogenic fosterville-style gold system hosts. The company has defined seven areas with high class minerals through drilling over 130,000 meters.
Sokoman reported on 12 September that he planned to start diamond drilling on the site with attention to the testing of eastern and western trend zones for deep extensions, as well as unseen parallel areas. Additionally, the company said on 2 September that it had extended its land status to 13,000 hectares in the Criplaback Lake Gold-Copper Property and was designed to raise the site’s motivated-polarization surveys, samples and maping of the site.
The company’s most recent news came on Monday (September 29), when it was announced that Dennis Lavilett was appointed in the roles of Director, Executive Chairman and CEO. Laviolette joined the company with an experience of over two decades in the mining industry, including roles in geology and production, and as an industry analyst.
The company also announced that Timothy was infection for the role of the president of the Fraud Company, both the first President and CEO had held both roles. Additionally, Gary Nasif, Load Gold Resources (TSXV: LOD, OTCQB: Lodf), former Vice President, was appointed as a director, and Greg Mathason, New Found Gold (TSXV: NFG, Nyseamerinan: NFGC) was designated.
3. Caselron Resources (TSXV: KES)
Weekly Benefits: 118.18 percent
market cap: C $ 10.82 million
Share price: C $ 0.12
Callerun Resources is an explorer working to carry forward the Huronian Gold Project in Ontario, Canada.
The project is located in an area with significant exploration and mining assets, including Agro Eagle Mines’ (TSX: AEM, NYSE: AEM) Hammond Reef Project and New Gold (NYSE: NGD, TSX: NGD) Rain River Mine. Hururonian has historical indicated resources of 45,000 ounces of gold, with 501,000 ounces or gold volumes.
Gold X2 Mining (TSXV: Auxx, OTCQB: GSHRF) This week, Kesellron’s shares announced on Wednesday that it had signed a certain agreement to achieve Calrun. Gold X2 stated that the transaction will give it a 100 percent interest in the Hururonian project, which is located adjacent to its own Moss Gold Project.
4. Royal Road Minerals (TSXV: RYR)
Weekly Benefits: 104.35 percent
market cap: C $ 55.80 million
Share price: C $ 0.235
The Royal Road is an exploration company that is working to pursue its caretaker and margritas projects, as well as El Aleman mining concession in Columbia. In 2019, the company acquired the nearby Guinteer and Margaritus Property located near Medeline from Chief Minor Anglogold Ashti (NYSE: AU, JSE: ANG). Since that time, Royal Road has drilled a total of 13,700 meters in 45 drill hole in Guinter, while Margritas have left behind.
Assays have produced a highlighted intersection of 1 g/t equal to more than 303.7 meters, including 2.1 g/t gold, 12.4 parts per million silver and 0.6 percent copper than 62 meters.
Royal Road shares this week received the news release with a pair of release. On Monday, the company announced that the RIO2 (TSXV: Rio, OTCQX: RIOFF) has issued Royal Road as part of a block trade and acquired about 15 percent of the outstanding shares; They were previously organized by a single investor.
Other release came on Tuesday (September 30), when the Royal Road reported that it was associated with the state and local authorities with the local community, as well as to resume work in Guintar and Margarits.
5. Strike Point Gold (TSXV: SKP)
Weekly Benefits: 103.85 percent
market cap: C $ 12.06 million
Share price: C $ 0.265
Strikepoint Gold is a explorer with focus on its Hercules Gold Project in Nevada, US.
The 100 square kilometer site located within the trend of Walker Lane, hosts five drill-tested goals with more than 300 holes. The company acquired assets in August 2024 in August 2024 in August 2024 for a total consideration of C $ 250,000 with 3 percent royalty at some claims. On 28 April, the company released the results from its spring drilling program, with a highlighted assay 0.54 g/t gold and 4.62 g/t silver from the surface from the surface from a distance of 32.04 m; This includes the interval of 1.14 g/t gold and 10.53 g/t silver more than 4.57 meters.
The most recent news of the project was announced on 23 September, when Strikepoint said it had received drill permits for the Pony Meadows target. The company said that it is allowed to raise up to three rigs, and will focus on the structure of 2.6 kilometers revealed during the surface discovery.
Strikepoint said it has two additional permits for siren and como comate goals.
Questions for Canadian Mining Stock
What is the difference between TSX and TSXV?
TSX, or Toronto Stock Exchange, is used by senior companies with large market cap, and TSXV, or TSX venture exchange is used by small-cap companies. Companies listed on TSXV can graduate in senior exchange.
How many mining companies are listed on TSX and TSXV?
By May 2025, 1,565 companies were listed on TSXV, of which 910 were mining companies. Comparatively, TSX was home to 1,899 companies, with 181 mining companies.
Together, TSX and TSXV host about 40 percent of the world’s public mining companies.
How much does it cost to list on TSXV?
There are different types of fees that companies should pay to list on TSXV, and according to the exchange, they may vary depending on the nature and complexity of the transaction. The listing fee alone will be most likely between C $ 10,000 to C $ 70,000. Accounting and auditing fees can rack between C $ 25,000 and C $ 100,000, while legal fees are expected to exceed $ 75,000 and a commission of an underwormers can be up to 12 percent.
The exchange has a handful list of other fees and expenditure companies, in which the Safety Commission and the transfer agency fee, investor relationship cost and director and officer liability insurance are not limited.
All these are only for the initial list, of course. Once companies are trading, such as maintaining fees and additional listing charges, and the costs related to filing regular reports are running.
How do you trade on TSXV?
Investors can trade on TSXV in the way they will trade stock on any exchange. This means that they can use a stock broker or a personal investment account to buy and sell shares of TSXV-listed companies during the trading hours of the exchange.
Article by dean bed; Question by Lauren Kelly.
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Securities disclosure: I, Dean Belder, is not interested in any company mentioned in this article.
Securities disclosure: I, Lauren Kelly, no direct investment in any company mentioned in this article is interested in.
The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.
