With the annual Prospectors & Developers Association of Canada (PDAC) convention set to begin this Sunday, the resource juniors we’ve uncovered have received a lot of interest lately from investors
SmallCapPower | February 26, 2019: The 2019 Prospectors & Developers Association of Canada (PDAC) convention is coming up in Toronto, Ontario, Canada, March 3rd to 6th at the Metro Toronto Convention Center. There is expected to be over 1,000 exhibitors, 3,500 investors, and 26,500 attendees from 135 countries. Today, we have dug up four resource juniors that have seen some positive price momentum during the past few weeks.
Hear Directly from CEO & President of Max Resources Corp. (TSXV:MXR) Brett Matich on Feb 28th, 2019. Register Now!
*Share prices as at close February 22, 2019, data obtained from S&P Capital IQ
Max Resource Corp. (TSXV:MXR) – $0.40
Gold
Max Resource is a Canada-based exploration company with a focus on identifying advanced exploration projects located within the under-explored northern section of the Andean Copper Belt of Colombia. On January 30, the Company announced that it has identified free gold in first five conglomerate bulk tests, located within the Company’s Choco Precious Metals Project in Colombia.
- Market Cap: $21.0 Million
- 30-Day Return: +80.0%
- 30-Day Average Volume: 5,123,000
Walker River Resources Corp. (TSXV:WRR) – $0.20
Diversified Metals and Mining
Walker River Resources is an exploration-stage company that engages in the exploration of mineral properties in Canada and the United States. Incorporated in 2010, Walker River Resources is a subsidiary of Rhino Resource Partners. The Company holds 100% interest in its flagship asset, the Sleeper-Lapon Canyon gold project in Nevada. It also holds 100% interest in the James Bay project in Quebec. On January 30, the Company announced initial drill results from its Lapon Canyon gold project. Its reverse circulation (RC) drill program returned 31.1 g/t Au over 13.7 metres from its LC18-29 hole. On February 19, the Company announced additional drill results from its RC drill hole LC18-28.
- Market Cap: $24.9 Million
- 90-Day Return: +272.7%
- 30-Day Average Volume: 2,858,000
Hear Directly from CEO & President of Max Resources Corp. (TSXV:MXR) Brett Matich on Feb 28th, 2019. Register Now!
Amex Exploration Inc. (TSXV:AMX) – $1.30
Gold
Amex Exploration is a junior mining exploration company with a focus on developing and brining viable gold and base metals deposits into production in mining-friendly jurisdictions. The Company owns 100% interest in the Perron gold project, the Eastmain River gold properties, and the Cameron project, all located within Quebec, Canada. On February 21, the Company announced the completion of its $5.4M non-brokered private placement.
- Market Cap: $70.6 Million
- 90-Day Return: +1,344.4%
- 30-Day Average Volume: 609,000
Great Bear Resources Ltd. (TSXV:GBR) – $3.71
Diversified Metals and Mining
Great Bear Resources is a Canadian company focused on the exploration of gold and other precious metals within Ontario. The Company controls 13,000 hectares of the Red Lake District across two properties: the Dixie Project and the West Madsen property. The Red Lake District has produced over 30M oz of gold and is one of the premier mining districts in Canada. On February 21, the Company reported drill results from the Dixie Hinge Zone. The results include the new 42m wide zone with multiple gold-bearing intercepts of 31.60 g/t Au over 3.40m at a depth of 157m.
- Market Cap: $136.3 Million
- 90-Day Return: +33.9%
- 30-Day Average Volume: 251,000
Hear Directly from CEO & President of Max Resources Corp. (TSXV:MXR) Brett Matich on Feb 28th, 2019. Register Now!
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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