After three years of decline, silver prices have been surging in 2016 due to political developments worldwide. A weak US dollar, Brexit results and uncertainty over the incoming US president’s agenda have all impacted the precious metal prices this year.

In the list below you can find the best silver stocks of 2016 on the TSXV. The list was generated using The Globe and Mail’s market data filter, and does not include companies with a market cap of less than $10 million.

1. Northern Shield Resources (TSXV:NRN)

Current price: $0.16; year-to-date gain: 966.67 percent.

Northern Shield Resources is a mineral exploration company focused on exploring for platinum group element (PGE) and Noril’sk style nickel-copper-PGE deposits primarily in the Labrador Trough of Northern Quebec. They also own the Tempest Property where they report that 7 of 12 drill holes have intersected silver rich VMS-type mineralization.

2. Resource Capital Gold (TSXV:RCG)

Current price: $0.23; year-to-date gain: 820 percent.

Next on the list of best silver stocks on the TSXV is Resource Capital Gold, an emerging precious metals developer and producer. The Company’s focus is on gold and silver and it has a pipeline of late-stage exploration, development and previously producing assets in Nova Scotia and Nevada.

This year they announced the expansion of the Corcoran Canyon Joint Venture, an advanced silver-gold project. Past drilling on the property has outlined an existing, historic silver-gold resource of 1.14 million tonnes grading 248 g/t silver and 0.89 g/t gold.

3. Cornerstone Capital Resources (TSXV:CGP)

Current price: $0.17; year-to-date gain: 775 percent.

Cornerstone Capital Resources is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile. In February 2011 Cornerstone acquired the Miocene gold-silver-copper project that covers an area of 5014 hectares in northern Chile.

In Ecuador, the company has been exploring since 2005 and has a portfolio of five mineral properties covering 455 km2 which are targeting epithermal gold-silver and porphyry copper-gold deposits.

4. Canasil Resources (TSXV:CLZ)

Current price: $0.28; year-to-date gain: 533.33 percent.

The main focus of Canasil Resources is mining and exploration of precious and base metals including gold, silver, copper, zinc and lead. It has projects in British Columbia, Canada and Durango and Zacatecas States, Mexico. They recently reported that a new