Whether it’s the EV you drive, the phone in your pocket, the electrical network powering your city, or the specialized equipment militaries use to maintain national security, none of it would be possible without critical minerals, such as silver, titanium, cobalt, copper, lithium and nickel, whose unmatched energy density, heat and corrosion resistance across industries makes them some of the most in-demand commodities of our time.
Logically, governments across the world are scrambling to secure their critical mineral supply chains, keen to capitalize on the societal and economic benefits of new technology and the energy transition.
That said, this race already has a clear winner, with China averaging a more than 70 per cent global market share for 19 out of 20 critical minerals identified by the International Energy Agency in its Global Outlook for 2025.
This leaves the also-rans, functionally equivalent to the rest of the world, at the mercy of international collaboration to maximize industrial prowess and national security, naturally drawing attention to robust critical minerals projects in safe, mining-friendly jurisdictions, backed by leadership teams that know how to usher assets across the mining lifecycle.
In the newest edition of Stockhouse’s Weekly Market Movers, I’ll lay out the value propositions behind two mining stocks tracking projects that fit this description, whose potentially significant roles in Canadian critical mineral independence deserve investors’ full attention.
Grizzly Discoveries
We begin with Grizzly Discoveries, market capitalization C$6.21 million, a junior mining company advancing a large-scale more than 73,000 hectare gold, silver and copper portfolio in British Columbia.
The portfolio, half the size of the city of Phoenix, hosts at least 100 historic mines in a district responsible for more than 7 million ounces of gold production. Here are some highlights:
- The Motherlode north mine, which produced 173,000 ounces of gold, 688,000 ounces of silver and 77 million pounds of copper from 1900 to 1962, while preserving the potential for a deposit below known drilling.
- The Midway mine, where grab samples have reached up to 2,140 grams per ton (g/t) of silver.
- The Sappho critical mineral target, where rock grab samples graded up to 9.06 per cent copper, in addition to anomalous gold, silver, platinum (up to 4.64 g/t) and palladium (up to 2.28 g/t), with drilling from 2010 confirming grade continuity, setting the company up to pursue several high-potential targets during planned March drilling.
Grizzly’s abundance of targets are under the care of a leadership team with a long history of value creation in the junior mining space, specifically through the advancement of exploration projects to the feasibility stage. This trio stood out to me the most:
- Michael Dufresne, chief geology officer, who’s responsible for three gold discoveries, one of which led to a C$1.1 billion transaction with B2Gold in 2023.
- Brian Testo, Grizzly’s founder, president and chief executive officer, who has spent more than 40 years learning the intricacies of Alberta and BC’s junior mining landscapes.
- Jim Greig, director, who founded Benchmark Metals, now Thesis Gold, and played a crucial role in advancing the 5-million-ounce Esaase gold project in West Africa.
The broader market has met the company’s portfolio building over the years, strategically and consistently increasing exploration upside, with pessimism that defies the data we’ve put forth today, cutting Grizzly Discoveries stock (TSXV:GZD) in half since 2021 to just C$0.03 per share.
With fresh capital to keep its drills spinning, a wealth of leads to turn up new mineralization and commodities with strong cases for long-term demand, the company is in a good position to deliver positive news flow and flip sentiment in its favour.
Dufresne spoke with Stockhouse’s Ricki Lee about recent developments at the Sappho project. Watch the interview here.
Green Bridge Metals
Critical minerals investors should also find room for Green Bridge Metals within their circles of competence, because the junior miner’s billions in resources in the ground, centred on the South Contact district within Minnesota’s Duluth Complex, one of the world’s largest undeveloped sources of copper and nickel, far outweighs its C$79.53 million market capitalization. Here’s a breakdown:
- The flagship Serpentine project boasts near-surface mineralization, an indicated resource of 21,646 tons at 0.46 per cent copper and 0.16 per cent nickel, and an inferred resource of 279,947 tons at 0.37 per cent copper and 0.12 per cent nickel. The company plans to drill the project towards a preliminary economic assessment (PEA) by 2027 and a pre-feasibility study by 2029.
- The Titac copper, titanium and vanadium project hosts a high-grade titanium resource of 46.6 million tons at 15 per cent TiO2, expandable in all directions, with evidence for abundant unrealized copper mineralization.
- The Chrome Puddy nickel project rounds off Green Bridge Metals’ assets with established resources, offering exposure to a historical 30 million tons at 0.25-0.28 per cent nickel.
Based on recent prices for these target commodities, the company’s three resource-bearing properties host more than US$15 billion in the ground, most of it stemming from the titanium resource, where ongoing exploration is actively testing and delineating what Titac has to offer.
Green Bridge’s leadership team, in charge of closing the gap on the company’s massive price-value dislocation, benefits from almost three decades of technical experience within the Duluth Complex and more than 45 years in the capital markets. Notable team members include:
- President and chief executive officer, David Suda, who built the team behind Gold Terra Resource and guided its flagship property near Yellowknife, Northwest Territories, to an initial resource estimate.
- Chief geologist, Ajeet Milliard, who was on the exploration team at Newmont Mining, playing a part in the development of the Long Canyon mine, which is part of the company’s Nevada Gold Mines joint venture.
- Director, Robert J. Krause, whose more than 40 years as a mineral exploration geologist across the Americas has afforded him deep expertise with gold, copper, nickel and platinum group element deposits.
Taken as a whole, Green Bridge has the untapped assets and skilled executives required to create value through long-term development, recently raising C$4 million to carry on harvesting exploration upside and demonstrating its portfolio’s potential for economical extraction.
With Serpentine’s PEA only a year away, look for Green Bridge Metals stock (CSE:GRBM) to continue trouncing the TSX, contingent on strong mineral prices, adding to its more than 180 per cent return since inception in 2023.
Suda sat down with Ricki Lee to discuss how the company could play a meaningful role in securing the US titanium supply chain. Watch the interview here.
Thanks for reading! I’ll see you next Monday for a new edition of Weekly Market Movers, where I delve into companies that sat down with Stockhouse for an interview over the past week. Here’s last week’s article, in case you missed it.
Join the discussion: Find out what investors are saying about these critical minerals stocks on the Grizzly Discoveries Inc. and Green Bridge Metals Corp. Bullboards, and make sure to explore the rest of Stockhouse’s stock forums and message boards.
Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein.
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