The copper market is expected to experience tremendous growth in the next few years. With the increasing demand for this valuable metal, investors are increasingly turning their focus to junior copper stocks on the TSXV. In this article, we will outline the top five junior copper stocks on the TSXV in 2023 that you should be watching.
The first company on the list is Kootenay Silver Inc. This Canada-based exploration and development company has been operating since 2009. They specialize in discovering and developing copper and silver deposits. Their most notable copper project is the Laniguncita Copper-Silver Resource located in northwestern Mexico. This large-scale project is expected to bring in some highly profitable returns from copper ore when it begins production.
Next on the list is Great Bear Resources Ltd. This TSXV-listed company is engaged in both the exploration and development of gold and copper deposits in Canada. They have two properties currently in development: the Dixie Project in Ontario and the LP Fault Project in British Columbia. Both of these promising projects have the potential to become major copper producers, making Great Bear a stock to watch in 2023.
Third we have Midland Exploration Inc., another gold and copper exploration company on the TSXV. The company has identified multiple promising targets in their portfolio, most notably their Nominingue gold-copper property and Opinaca gold property in Quebec. With a bipartisan team of experienced explorers and geologists, Midland is poised to benefit from copper prices in 2023.
Number four on the list is Northern Shield Resources Inc. This TSXV-listed company has an emphasis on exploring and developing nickel, copper, gold, and other base metal resources in Eastern Canada. They have several projects in development with their most noteworthy being the Motz Property near Newfoundland and Labrador. This promising property has the potential to be a major copper mine and could be a major contributor to the company’s bottom line in 2023.
Last on our list is Wallbridge Mining Company Ltd. This TSXV-listed firm is an exploration and development company based in Ontario specializing in gold and copper-nickel deposits. Their most notable project is Fenelon Gold, an underground gold and copper mine located in Quebec. With strong prospects for copper production, Wallbridge is worth keeping on your radar in 2023.
While the copper market is subject to volatile conditions, these five junior copper stocks on the TSXV in 2023 can provide investors with an opportunity to benefit from this lucrative commodity in the near future. With promising projects and expert teams in place, these stocks offer investors the potential for strong returns in the next few years. Do your due diligence and consider adding these stocks to your portfolio in the coming year.