3 Penny Stocks That Could 3-5x In The Next Few Years

Looking for some multibaggers, are ya? This is the place to be. We spend every day tracking penny stocks across all sectors, finding the best stories the market still underappreciates.

Now, don’t get it twisted. These are penny stocks, the riskiest corner of equities you can touch. The three names in this article have great stories and could print big gains in the coming months, but nothing is guaranteed.

We’ve done well for readers before, calling out plenty of names before they ran 2 to 3x within months. We think there’s a real shot the companies below can do the same.

Today we’re looking at three junior mining companies. Don’t worry. I’ll explain it in plain English so anyone and their grandma can see why these could be going to a dollar.

Kirkland Lake Discoveries Corp.

Ticker: $KLDC.V (CA), $KLKLF (US)

Market Cap: $36M CAD

Kirkland Lake Discoveries is a junior explorer with a big land package in one of the best gold addresses on earth. They control about 38,000 hectares around the town of Kirkland Lake in Ontario’s Abitibi belt, a region that has produced more than 200 million ounces of gold overall and about 47 million ounces from the Kirkland Lake camp alone. Their ground includes 100%-owned Lucky Strike and Goodfish-Kirana plus additional ground they can earn into along the same major fault zones that already host mines in the area.

Long explanation short, this is tier one geology with roads, power, a mining workforce, and a long track record of turning drill holes into mines.

The current bet is pretty straightforward. KLDC thinks a heat source called the Winnie Pluton helped drive an intrusion related system that can host gold and other metals. In August they kicked off their first drill program to test that idea. Early core from KL West shows the right ingredients you want to see before assays, including semi massive to massive sulphides, strong alteration, and copper zinc sulphide minerals in places. Assays are pending, but the rocks are doing what you would hope at this stage, which sets up a clear catalyst path as lab results roll in.

Why it could work over the next year comes down to scale, focus, and fuel. Scale because they control the district and can chase multiple targets if the first hits land. Focus because the plan is to work the contact, the boundary around Winnie where metals tend to collect. Running a steady line of holes along that edge gives faster, clearer answers than one-offs.Fuel because the company announced a financing of up to seven million dollars with lead orders of six million from Eric Sprott, Rob McEwen, and Crescat. If it closes, that pays for drilling, follow ups, and steady news flow. In a camp that has already produced forty seven million ounces, the upside is real if assays confirm grade and continuity.

Pacific Ridge Exploration Ltd.

Ticker: $PEX.V (CA) $PEXZF (US)

Market Cap: $11.7M CAD

Pacific Ridge Exploration is a copper and gold explorer in north central British Columbia. The main shot is Kliyul. They already have a starter resource of about 334 million tonnes at 0.33% copper equivalent. Copper equivalent rolls copper, gold, and a bit of silver into one number so you can judge size fast. The tonnage is the good part. It shows real scale right out of the gate.

Here is the tradeoff. At that average grade, the per-ton value is tight after basic mining and processing costs. It may not clear the bar unless they either find better grade or keep waste rock low. That is why the current drill program matters.

The goal is simple. Prove thicker, higher-grade zones near surface and tie them together from hole to hole. Do that and the math improves quickly because each ton of rock is worth more while the cost to move it stays about the same. Two new Kliyul holes are in the lab now, so results are the next catalyst.

RDP is the second shot nearby. They drilled five holes there this season after a past standout hit, chasing the same porphyry style. If assays show long, consistent copper and gold that connect across holes, RDP adds another potential pit to the pipeline and takes pressure off Kliyul to do all the heavy lifting.

Cash from the early September raise keeps both stories moving. Stronger grade starting shallow at either project is what can flip this from a big but thin starter to a copper-gold story with real economic pull.

Miata Metals Corp.

Ticker: $MMET.CN (CA) $MMETF (US)

Market Cap: 28M CAD

Miata Metals is a junior gold explorer in Suriname with a footprint you don’t usually see at this size. The flagship is Sela Creek, a 14 km gold corridor with multiple target zones. They are running a 10,000 m drill program across key areas like Jons, Puma, and Golden Hand. The exploitation license was renewed for five years and they just closed a $5.5M financing, so the runway to keep drilling is there.

Here is what the drills are saying so far.

At the Jons target they reported their strongest intercept to date, 35.6 m @ 3.04 g/t Au, including 14.6 m @ 4.95 g/t and 3.0 m @ 8.93 g/t. At Puma, near surface, they hit 18 m @ 2.58 g/t Au and later 5.3 m @ 6.57 g/t. Golden Hand added 14 m @ 1.72 g/t Au at depth.

If reading intercepts makes your eyes glaze over, the short version is these are genuinely good numbers. Shallow hits are ideal because they are cheaper to mine, and multi-gram grades over real widths are exactly what you want to see at this stage.

Now it’s all about the rest of the assays. If they keep coming in like the last few hits, this won’t stay quiet for long. What we want to see is more holes landing near the last ones with the same or better grade, starting shallow and running for tens of metres. If those results line up across Jons, Puma, and Golden Hand, you can reasonably start outlining an open pit concept and building toward a first resource.

The five year license is in place and the recent $5.5M raise keeps the drills turning. Give me a few more shallow, multi-gram runs that connect and Sela Creek shifts from promising hits to a project you can actually value.

Final Thoughts

Thanks for reading! Hopefully your brain doesn’t hurt too much after all that junior mining talk. It can be dense, I get it. However, we’re in a hard commodities bull market and this is where we’ve made our best picks so far.

Keep in mind that this is not financial advice. I gave you the meat and potatoes of these stories, not the full meal. Do your own work, read the filings, and make sure the risk fits you. I wasn’t paid by any of these companies, but I may own some of the stocks mentioned.

Sources

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