The junior resource stocks we have dug up have maintained their stellar returns during the past two years
SmallCapPower | August 3, 2018: Many junior explorers can make promising discoveries but fail to maintain strong exploration results over time. However, the junior resource stocks we have uncovered today have generated significant returns over the past two years and continue to demonstrate superior performance during the past six months.
Garibaldi Resources Corp. (TSXV:GGI) – $2.71
Copper
Garibaldi Resources is a Canada-based explorer operating in British Columbia, advancing its nickel-copper-rich massive sulphide discovery at Nickel Mountain, 11 miles southwest of Eskay Creek. GGI currently has ~$25 million in cash and drilling is ongoing.
- Market Cap: $291.2M
- 2 Year Total Return: 2,752.6%
- 1 Year Total Return: 545.2%
- 6 Month Total Return: 15.8%
Canada Cobalt Works Inc. (TSXV:CCW) – $0.74
Cobalt
Canada Cobalt Works, formally known as Castle Silver Resources, is a Canada-based junior natural resource company, focusing on the exploration and redevelopment of former silver and cobalt mine properties in northern Ontario, near the town of Cobalt. The projects include the 2,855-hectare Castle Silver Mine property near Gowganda and the Beaver and Violet historic-producing mines near Cobalt, Ontario.
- Market Cap: $51.4M
- 2 Year Total Return: 825.0%
- 1 Year Total Return: 228.9%
- 6 Month Total Return: 64.4%
Read: Canada Cobalt Works is Pushing a Path to Production
Novo Resources Corp. (TSXV:NVO) – $4.05
Gold
Novo Resources is a Canada-based mining company operating in Australia. Novo’s flagship asset is the Karratha Gold project, located in the prolific Pilbara region. A 2017 exploration program discovered gold nuggets in a trench, grading an average of 67 g/t Au. The Company plans to extract ~5t samples from trench sites and conduct diamond drilling throughout 2018.
- Market Cap: $682.3M
- 2 Year Total Return: 355.1%
- 1 Year Total Return: 34.6%
- 6 Month Total Return: 9.8%
Minaurum Gold Inc. (TSXV:MGG) – $0.51
Gold
Minaurum Gold is a precious metals explorer operating in Mexico. The Company is currently focusing its efforts on the Alamos silver-gold project. 10 target zones have been identified, with a 5,000m drilling program underway. MGG also owns two other assets in Mexico and is actively searching for further acquisitions.
- Market Cap: $127.8M
- 2 Year Total Return: 325.0%
- 1 Year Total Return: 78.9%
- 6 Month Total Return: 13.3%
Irving Resources Inc. (CSE:IRV) – $1.05
Gold
Irving Resources is a gold developer operating in Japan. The Company owns 460 km2 across its Omu, Utanobori, and Rubeshibe prospects, and continues to expand its land position through acquisitions and government licensing. Vein samples hold grades of up to 203 g/t Au. Additional prospecting licenses were granted on May 29, 2018.
- Market Cap: $41.3M
- 2 Year Total Return: 311.8%
- 1 Year Total Return: 31.3%
- 6 Month Total Return: 22.1%
To find out more about Canada Cobalt Works Inc., please visit the company’s Investor Hub.
Ubika Research/SmallCapPower has received compensation from Canada Cobalt Works to provide analyst research coverage. For full disclosure please visit here >>
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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