ASX mining shares closed higher yesterday, with the S&P/ASX 300 Metal & Mining Index (ASX: XMM) rising 1.41%.
So far this year, ASX mining shares have continued to outperform after an exceptionally strong run in 2025.
The Metal & Mining Index is up 11.8% in the year to date (YTD) while the broader S&P/ASX 300 Index (ASX: XKO) is up 3.8%.
Here are three ASX mining shares that the experts think will more than double in value over the next 12 months.
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Sun Silver Ltd (ASX: SS1)
This ASX silver mining share closed at $1.87 yesterday, up 0.8%.
Sun Silver shares have fallen 1.8% in the YTD and rocketed 159% over the past 12 months.
Sun Silver owns the Maverick Springs Silver-Gold Project in Nevada, US, which is the ASX's largest pre-production primary silver project.
Canaccord Genuity has a buy rating with a 12-month price target of $4.15, suggesting a potential upside of 122%.
However, East Coast Research says Sun Silver shares could reach $6.54 within 12 months, implying a potential 250% upside.
In a note, East Coast Research said:
SS1's impressive recent 3rd Mineral Resource upgrade in under 2 years since listing places its Maverick Springs Project as a standout, strategically significant U.S. primary silver asset at a time when silver is becoming an important element of the North American / western-based secure supply chain thematic.
Here is the outlook for the silver price in 2026.
Turalco Gold Ltd (ASX: TCG)
The Turalco Gold share price closed 2.3% higher at 68 cents yesterday.
The ASX gold mining share has fallen 18.7% in the YTD and ripped 88% over the past 12 months.
Morgans retained a buy rating on Turalco after a visiting its Afema Gold Project in Côte d'Ivoire.
The broker commented:
Afema represents one of the largest undeveloped gold projects on the ASX, hosting a 4.06Moz resource at 1.2g/t Au.
The visit included all key resource prospects, future growth corridors, site infrastructure, core yard and a visit through the local community — reinforcing both the scale of the system and development readiness.
Morgans has a 12-month share price target of $2.19. This implies a 220% potential upside over the next 12 months.
Canaccord Genuity is less ambitious.
It has a buy rating and a target of $1.45, which suggests a still impressive potential 113% capital gain over the year ahead.
Check out some 2026 gold price forecasts here.
True North Copper Ltd (ASX: TNC)
The True North Copper share price closed at 49 cents on Thursday, up 4.3%.
This ASX copper mining share has fallen 5.8% YTD but risen 32% over the past 12 months.
True North's flagship asset is the Mount Oxide exploration project, which has copper, silver, and cobalt deposits.
True North Copper also owns the Cloncurry Copper Project.
Morgans has a buy rating with a 12-month target of $1.20.
This suggests a possible 145% capital gain over the next year.
Check out Goldman Sachs' 2026 forecast for the copper price here.
