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Just went through the weekly mining movers and honestly, some solid performers this week. Tincorp Metals was the standout with a 128 percent jump after they filed that technical report on their Santa Barbara project in Ecuador. The gold-copper resource numbers look decent - nearly 700k ounces of indicated gold plus over 68 million pounds of copper. They're planning a 10k meter drill program which should be interesting to watch.
But the broader story here is copper is having a moment. BC's mining sector just hit a record C$751 million in exploration spending last year, and more than half of that went into copper projects. First time copper funding actually beat out gold exploration. That shift is pretty notable when you're looking at best canadian gold stocks and where the real capital is flowing.
Kirkland Lake Discoveries also had a strong week at 114 percent, especially after dropping those drill results from Mirado. The 103 meters of continuous mineralization with some solid grades caught people's attention. Meanwhile, Carlin Gold and North American Niobium both pushed higher - Carlin's sitting on Nevada properties and just raised C$2.16 million for drilling, while North American Niobium started their maiden drill program at Seigneurie after getting permits.
Pacific Booker was interesting too - up 66 percent but also dealing with that unsolicited offer from American Eagle. They're combining it with the NAK project, and apparently Lake Babine Nation is on board with the deal now, which could actually move things forward after years of holding patterns.
Overall, if you're tracking best canadian gold stocks, the copper story is stealing the show right now. Geopolitical stuff helped too - oil prices tanked after that Strait of Hormuz news, which usually gives commodities a bit of breathing room. Worth keeping tabs on these plays if you're into the junior exploration space.