Welcome to the Investing News Network’s weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.
Statistics Canada released its second-quarter gross domestic product (GDP) numbers on Friday (August 28). The data shows a substantial rebound in economic growth, with GDP rising 3.3 percent on an annualized basis.
On a quarterly basis, the economy grew by 0.8 percent. Additionally, StatsCan revised the first-quarter data, which had originally suggested Canada had entered a technical recession, upward from 0.0 percent to 0.1 percent. StatsCan attributed the change to higher exports of non-metallic minerals and energy products.
Driving the headline number in Q2 was a 3.6 percent quarterly rise in exports, the largest increase in more than three years, led by a 27 percent increase in passenger cars and light trucks. These gains were offset slightly by a marginal 0.3 percent rise in imports, a smaller ride than the 3.1 percent seen during Q1.
StatsCan also released June’s GDP by industry data on Friday. Overall, Canada’s economy grew 0.3 percent in June, posting its third consecutive month of growth.
Thirteen of 20 sectors saw growth during the month. However, Canada’s resource sector was mixed during the month, leading the overall mining, quarrying and oil and gas sectors to contract by 0.6 percent compared to May.
Although GDP from oil and gas extraction outside of oil sands increased by 1.9 percent, this was offset by a 2.8 percent decline in oil sands production, as heavy rains disrupted operations in Northern Alberta and power outages affected other oil facilities. The biggest drag on the resource industry was a 9.3 percent decline in support activities for oil and gas, with StatsCan noting it was the first decrease in seven months.
Mining and quarrying helped provide stability to the resource sector, with its GDP increasing 1.4 percent in June. Metals mining led the sector with a 5.1 percent gain, which StatsCan said coincided with record copper exports to Asia and Europe and high gold shipments to the United Kingdom.
For more on what’s moving markets this week, check out our top market news round-up.
Markets and commodities react
Canadian equity markets were positive this week.
The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.24 percent over the week to close Friday at 36.553.92, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 0.54 percent to 989.16.
The CSE Composite Index (CSE:CSECOMP) gained 4.02 percent to 165.97.
On the other hand, precious metals pulled back after several weeks of gains. The gold price slipped 1.42 percent to close at US$4,456.25 per ounce on Friday at 4:00 p.m. EDT. The silver price fared worse, closing the week down 2.46 percent at US$66.39.
In base metals, the Comex copper price rose 2.49 percent this week to US$6.64. The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was down 0.85 percent to end Friday at 705.63.
Top Canadian mining stocks this week
How did mining stocks perform against this backdrop?
Take a look at this week’s five best-performing Canadian mining stocks below.
Stocks data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.
1. VR Resources (TSXV:VRR)
Weekly gain: 384.21 percent
Market cap: C$18.7 million
Share price: C$0.46
VR Resources is an exploration company working to advance a portfolio of projects in Ontario, Canada, and Nevada, US.
Its recent focus has been on its New Boston polymetallic project southeast of Reno, Nevada. The property consists of 71 claims covering a land package of 537 hectares, which hosts an entire porphyry-skarn system that is exposed at the surface. Copper, molybdenum, tungsten and silver mineralization are present.
On Wednesday (August 26), VR released assay results from one drill hole at the property, showing continuous veining over the full 881 meters, beginning at the surface.
The first 317 meters of the hole assayed 0.77 percent copper equivalent, including 0.11 percent molybdenum disulfide. Starting at 460 meters down, a further 419 meters graded 0.48 percent copper equivalent.
“The new data from NB26-003 show us nearly continuous mineralization in moly, copper, tungsten, silver and zinc in complex and intense polyphase veining that is continuous across 2,892 ft of drill core,” CEO Michael Gunning said.
2. ZincX Resources (TSXV:ZNX)
Weekly gain: 68.75 percent
Market cap: C$22.55 million
Share price: C$0.135
ZincX Resources is an exploration company advancing its flagship Akie zinc-lead-silver project in British Columbia, Canada.
The property consists of 46 mineral claims covering a land package of 116 square kilometers within the Kechika Trough and hosts the Cardiac Creek deposit.
A mineral resource estimate included in a June 2018 technical report shows an indicated resource of 22.7 million metric tons of ore grading 8.32 percent zinc for 4.16 billion pounds of contained zinc, 1.61 percent lead for 804 million pounds of lead, and 14.1 grams per metric ton (g/t) silver for 10.3 million ounces.
The most recent news from the property came in late April, when ZincX received a renewal of its surface drilling permit from BC’s Ministry of Energy, Mines and Low Carbon Innovation. The permit is valid until December 31, 2028.
On July 16, the company announced that it had amended a previous option agreement for its Kechika North project with an arm’s length third party, which previously required a C$3 million cash payment to exercise the option for a 100 percent interest.
The third party has now exercised the option under the new terms of the deal, which required a C$1 million payment to do so. It must also make an additional C$1.9 million cash payment if the province formally designates the Kaska conservation area, or earlier if the third party so chooses.
Kechika North formed part of ZincX’s Kechika regional project, a portfolio of properties to the north of Akie. ZincX still owns the Kechika South project, which includes both wholly owned and joint venture properties.
3. Epic Gold (CSE:EPG)
Weekly gain: 66.67 percent
Market cap: C$12.88 million
Share price: C$0.30
Epic Gold is an exploration company advancing a portfolio of projects in Quebec and Ontario.
Its primary focus is the Fenton gold project in the Abitibi Greenstone Belt of Québec. The property lies within an established mining region, with several processing facilities within a 150 kilometer radius, and hosts characteristics of intrusion-related and orogenic gold and volcanogenic massive sulfide systems.
The company also owns the Wilson and Benoist gold projects in the Abitibi Greenstone Belt and the Hawkins gold project in the Kabinakagami Lake Greenstone Belt in Ontario.
The most recent news from Fenton project came on May 19, when Epic announced its diamond drilling program had expanded mineralization beyond the Fenton Main system.
Results from the first 10 holes included one hole at the Everest system that intersected 4.65 g/t gold over 5.85 meters, and one broad 77.05 meter interval at the Weller target that graded 0.54 g/t gold. Within Fenton Main, one hole intersected 76.8 meters grading 1.23 g/t gold.
4. Solstice Gold (TSXV:SGC)
Weekly gain: 53.85 percent
Market cap: C$23.62 million
Share price: C$0.10
Solstice Gold is an exploration company focused on its flagship Strathy gold project in Ontario, which it acquired in June 2024.
The project consists of 45 claims covering an area of 41 square kilometers in the Temagami Greenstone Belt. Historical documents report six gold showings in the central portion of the project area, with documented mineralization at the Leckie prospect, which laid next to the then-unowned Leckie gold zone (LGZ).
On August 24, the Solstice announced a definitive agreement to acquire the two patented claims that host the LGZ, consolidating Strathy and the Leckie prospect, and increasing its landholdings to 57 square kilometers. The LGZ patented claims host a five-level underground development shaft that extends 160 meters deep, as well as more than 23,000 meters of historic drill results.
The purchase also includes a group of 43 unpatented claims totaling 9.4 square kilometers to the South of the LGZ and the Red Cedar discovery.
Additionally, the company announced the opening of a non-brokered private placement to raise gross proceeds of C$650,000. The funds will be used to cover the C$600,000 cash consideration under the definitive agreement. Other consideration includes 2 million common shares and the transfer of 11 unpatented claims.
5. Emperor Metals (CSE:AUOZ)
Weekly gain: 50 percent
Market cap: C$95.48 million
Share price: C$0.51
Emperor Metals is a gold exploration company focused on its flagship Duquesne West project in the Abitibi Greenstone Belt of Québec, Canada, near the province’s border with Ontario.
Duquesne West is currently a 50/50 joint venture with a subsidiary of GlobeX Mining (TSX:GMX), with Emperor having the option of acquiring 100 percent. An August 2025 technical report estimated it holds a total inferred resource of 1.46 million ounces of gold from 26.9 million metric tons of ore grading 1.69 grams per metric ton (g/t).
The company is advancing the project using machine learning software to reanalyze historical data. It has continued to explore the property through the first half of 2026, with its 2026 exploration program adding 15,000 meters of new drilling data to its analysis.
Its most recent update came on Tuesday (August 25), when it reported the latest results from it’s 2026 exploration campaign. Emperor highlighted one result with a grade of 5.0 g/t gold over 5 meters, at a vertical depth of 375 meters.
“What we are demonstrating is the substantial thickness and grade of one of several mineralized lenses that exhibit significant replacement style mineralization and continuity, highlighting the potential to add meaningful ounces both within and beyond the current resource footprint,” Emperor CEO John Florek said.
FAQs for Canadian mining stocks
What is the difference between the TSX and TSXV?
The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.
How many mining companies are listed on the TSX and TSXV?
As of March 2026, 906 mining companies and 71 oil and gas companies are listed on the TSXV, combining for 64 percent of the 1,524 total companies listed on the exchange.
The TSX is home to 176 mining companies and 50 oil and gas companies. The exchange has 2,149 companies listed on it in total.
Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.
How much does it cost to list on the TSXV?
There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity.
As of April 2026, the listing fee alone will most likely cost between C$10,000 to C$70,000, and accounting and auditing fees could rack up between C$25,000 and C$100,000. Legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.
The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.
These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.
How do you trade on the TSXV?
Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.
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Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Copper Quest Exploration is a client of the Investing News Network. This article is not paid-for content.
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