The Northern Miner January 18 2020 Issue 2

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Agnico snaps up Nunavut miner TMAC in friendly deal M&A

| All-cash offer expected to close by February 8

BY ALISHA HIYATE Editor in Chief of the Canadian Mining Journal and Diamonds in Canada

O

nly two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources (TSX: TMR) by China’s Shandong Gold Mining, TMAC has found itself in the arms of a Canadian white knight — Agnico Eagle Mines (TSX: AEM; NYSE: AEM).

On Jan. 5, Agnico announced a friendly bid for TMAC of $2.20 per share — 45¢ per share higher than the $1.75 per share Shandong had offered.

The offer represents a 66% premium to TMAC’s 20-day, volume-weighted share price as of Jan. 4.

As part of the deal, the gold major will also retire TMAC’s outstanding debt and deferred interest and fees.

TMAC’s single producing asset is Hope Bay, in northern Nunavut, 125 km southwest of Cambridge Bay. The operation has underperformed since first gold was poured in 2017, requiring TMAC to make investments to improve the mill and increase its capacity to 2,000 tonnes per day from 1,000 tonnes per day.

The deal would put the asset in the hands of an experienced miner who already has a large presence in Nunavut. Agnico currently operates the Meadowbank complex and the Meliadine mine in the territory.

“We are very pleased to have the

TMAC Resources’ Doris gold mine in Nunavut.

TMAC RESOURCES

opportunity to bring our extensive northern operational and community experience to the Hope Bay mine and the Kitikmeot Region of Nunavut,” Sean Boyd, Agnico’s CEO, stated in a news release. “Together with the TMAC team and our Nunavut partners, we look forward to advancing exploration and expansion initiatives to realize the full potential

of the mine and its large unexplored land package.”

TMAC president and CEO Jason Neal noted the acquisition by Agnico was a positive outcome for all stakeholders.

“Our company spent almost the entirety of 2020 under the uncertainty of a strategic review process and the Canadian government review of the

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“THE ACQUISITION BEING COMPLETED

BY AGNICO EAGLE IS A GREAT OUTCOME FOR ALL STAKEHOLDERS.” JASON NEAL, PRESIDENT AND CEO, TMAC RESOURCES

sale to Shandong, with an impending debt maturity, compounded by the anxiety of the global pandemic,” he stated in a news release. “The acquisition being completed by Agnico Eagle is a great outcome for all stakeholders.

Agnico Eagle is one of the strongest gold producers internationally, a Canadian champion and has been operating in Nunavut for more than a decade with a great track record with communities, employees and the environment.”

The transaction, which is being done as an assignment to Agnico of the arrangement agreement with Shandong from May 2020, is expected to close by Feb. 8.

It has the support of major shareholders including Resource Capital Funds, Newmont (TSX: NGT; NYSE: NEM), Shandong and TMAC directors and officers, who collectively hold 62.3% of the company’s shares.

“This is a very clean, Made in Canada solution that solves TMAC’s near-term hurdles,” Laurentian Bank

THE NWT PLANS FOR ECONOMIC RECOVERY / 9

mining analyst Barry Allan wrote in a research note to clients.

He also expressed confidence that Agnico will be able to turn Hope Bay around, “unlock the extensive value of the Hope Bay greenstone belt and ultimately demonstrate the acquisition of TMAC Resources to be very accretive to Agnico shareholders.”

While TMAC has already made investments in Hope Bay, a prefeasibility study released in March 2020 pegged the cost of necessary upgrades to the operation, including a new 4,000 tonne per day processing facility to replace the current 2,000 tonne per day mill, at $683 million.

Under the deal, Agnico will also assume TMAC’s liabilities of around $170 million.

The generosity of the offer — $286.6 million in terms of equity value, versus $149 million under the Shandong bid — and the fact that it was made in cash, may be a recognition of the current scarcity of gold assets in a high demand environment.

Allan noted that the all-cash offer allows Agnico the flexibility to sweeten its bid, if required.

“While no other mining company has the expertise of Agnico in See M & A / 6 PM40069240

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Pure Gold becomes Canada’s newest precious metal producer ONTARIO

| Commercial production expected by end of March

BY TRISH SAYWELL

P

tsaywell@northernminer.com

ure Gold Mining (TSXV: PGM; LSE: PUR; US-OTC: LRTNF) poured its first gold in the final week of 2020 at its PureGold mine in Red Lake, Ontario and the company expects to reach commercial production by the end of the first quarter of 2021.

The company plans to provide full-year guidance for 2021 once the mine reaches commercial production.

“To build a mine at any time requires a complete team effort comprised of dedicated, driven, and focused individuals,” Darin Labrenz, Pure Gold’s president and CEO, stated in a news release. “To do so under the unique challenges of 2020 speaks to the quality and dedication of the entire team.”

The underground mine – which will be one of the world’s highest grade gold producers – uses a combination of longhole stoping, conventional cutand-fill, and mechanized cut-and-fill mining methods, while processing includes conventional crushing and grinding, followed by gravity concentration to recover free-milling gold, pre-oxidation, leaching, a carbon in pulp circuit and electrowinning, and then refining to produce doré gold.

Geordie Mark, an analyst who covers the company at Haywood Securities, forecasts the mine will produce about 81,000 oz. of gold in 2021 at an all-in sustaining cost of US$920 per ounce.

“With first gold pour delivered on time and on budget, the Red Lake mine now represents one of very few operations to come online within North America over the last few years, and we note that the operation,

First pour, December 2020, at the PureGold mine in Red Lake, Ontario.

which is located in the prolific Red Lake Mining Camp (30+ Moz gold produced over the past ~ 85 years), represents one of the highest-grade large-scale gold projects within North America (5th in Canada and 6th in North America),” Mark commented in a research note to clients.

Pure Gold said it will continue exploration drilling from surface and underground and update the property’s resource estimate based on drilling completed over the last two years.

Results from underground exploration drilling near the existing main ramp access reported in early December included 23.4 grams gold per tonne over 2.9 metres starting from 9.3 metres in drillhole PGU0143, including 50.1 grams gold

over 1 metre. Drillhole PGU-0144 intersected 13.7 grams gold over 2.2 metres from 7.4 metres and drillhole PGU-0150 cut 5.2 grams gold over 18.6 metres from 133.5 metres downhole, including 1 metre of 15.3 grams gold.

At the time the drill results were announced, Labrenz noted that the high-grade gold intercepts underscore management’s view that new zones will be found that can add to the mine plan. The company is also drilling from surface on new discovery targets across a 7-km gold corridor.

“Pure Gold has all the attributes I look for in a company – location, grade, size and growth,” mine financier Eric Sprott, a cornerstone investor in the company, stated in a press release in May 2020. “Pure Gold’s

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PURE GOLD MINING

mine in Red Lake has over 7 km of strike with known high grade shoots that have only been delineated down to 1,200 metres compared to 2,500 metres in the neighbouring Red Lake mine complex.”

“The ultra-high grade hits in the 8 zone remind me a lot of the HG Zone that built Goldcorp, as well as SMC at Macassa and the Swan zone at Fosterville,” Sprott continued. “These are the types of discoveries that have the potential to be company makers and tend to lead to a much higher production profile than originally given credit.”

According to the company’s most recent corporate presentation, Sprott has invested about $30 million in the company. Other key shareholders are AngloGold Ashanti and Newmont

(TSX: NGT; NYSE: NEM).

The mine has indicated resources of 7.2 million tonnes grading 8.9 grams gold per tonne for 2.1 million ounces of contained gold, and inferred resources of 1.9 million tonnes grading 7.7 grams gold per tonne for 467,000 ounces. The resources are inclusive of probable reserves of 3.5 million tonnes grading 9 grams gold for 1 million ounces.

A feasibility study completed in February 2019 outlined an 800-tonneper-day underground mining operation with a 12.3 year mine life. Peak annual production is expected to reach 102,000 oz. gold annually in years 3-7. The study used a gold price of US$1,275 per oz. and forecast lifeof-mine all-in sustaining cash costs of US$787 per oz. gold recovered.

Pure Gold estimates the mine will employ about 340 people and deliver more than $467 million in direct salaries over its lifetime.

Over the last year Pure Gold has traded in a range of 38¢ and $3.08 per share and at presstime in Toronto was changing hands at $2.17 per share.

The company has about 394 million common shares outstanding for a market cap of roughly $855.2 million.

Haywood’s Mark has a buy rating on the company and a price target of $3.50 per share.

The analyst also noted that the company has a strong treasury.

“With ~C$57 million on the balance sheet, we expect that PGM remains well funded through to commercial production,” he pointed out in his research note. “Also, we note the outlook on PGM shares remains positive following the recent inclusion within the VanEck Junior Gold Miners ETF (GDXJ-US) earlier this month.” TNM

McEwen Mining completes feasibility for Fenix project MEXICO

| Phase 1 average annual production predicted at 26,000 oz. gold

BY TRISH SAYWELL

A

tsaywell@northernminer.com

feasibility study has outlined a nine and a half year mine life for McEwen Mining’s (TSX: MUX; NYSE: MUX) Fenix project in Sinaloa state, Mexico.

The Fenix project is a proposed redevelopment plan for the company’s El Gallo complex, and involves building a mill at the existing mine site that initially will reprocess the existing heap leach material, and then transition to process ore from open pits at the El Gallo Silver, Palmarito, Carrisalejo and El Encuentro deposits.

The feasibility — published on the final day of 2020 — envisioned average annual production of 26,000 oz. gold in Phase 1 (years one to six) and 4.2 million oz. silver-equivalent in Phase 2 (years seven to nine and a half).

Using base case prices of US$1,500 per oz. gold and US$17 per oz. silver, the feasibility estimated an after-tax net present value at an 8% discount rate of US$32 million and post-tax internal rate of return of 28%. Those numbers rise to an NPV of US$98

million and IRR of 55% at US$1,900 per oz. gold and US$25 per oz. silver.

The study estimated initial capex in the first phase of US$42 million and a further US$24 million of incremental capex in year six. Using the base case, the after-tax payback period is 3.6 years and drops to 2.8 years at higher metal prices.

During the first phase in years one through six, cash costs are estimated to run to US$1,035 per oz. gold and all-in sustaining costs to US$1,042 per ounce gold. During the second phase in years seven through to the end of the mine life, cash costs are forecast to be US$14.20 per oz. silver-equivalent and AISCs will come in at US$14.28 per silverequivalent ounce.

The company will store tailings in a mined-out open pit at the El Gallo gold mine, which it says “creates multiple benefits, most importantly a secure containment of tailings enabling better reclamation results.”

“The critical path environmental permits are in hand for the first phase of production,” Rob McEwen, the company’s chairman and chief See MEXICO / 8

GLOBAL MINING NEWS

THE NORTHERN MINER / JANUARY 18—31, 2021

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World Economic Forum tests blockchain technology for tracking carbon emissions ENVIRONMENT

BY CARL A. WILLIAMS

T

cwilliams@northernminer.com

he World Economic Forum (WEF) has completed the initial stage of a blockchain platform for tracking embedded greenhouse gas (GHG) emissions across the mining industry’s value chain.

The WEF’s Mining and Metals Blockchain Initiative (MMBI) released a proof of concept called the Carbon Tracing Platform (COT) to help mining companies trace emissions from mine to final product, the WEF announced in a Dec. 15 press release.

Most estimates of the carbon footprint of the mining industry’s value chain are currently based on industry benchmarks or non-standard unverifiable sensors, says Jorgen Sandstrom, WEF’s head of mining and metals.

“This limits the [organisation’s] control and ability to improve the footprint,” he explained in an email to The Northern Miner. “Our vision is to enable verifiable visibility of the embedded emissions from the mine to the market, and the COT is a big step forward in delivering this vision.”

The COT, he continued, is focusing on tracing carbon emissions in the copper value chain and tracks GHG emissions from the mine to the smelter, and finally to the original equipment manufacturers. The

| Initiative aims to build responsible sourcing and sustainability practices

“OUR VISION IS TO ENABLE VERIFIABLE VISIBILITY OF THE EMBEDDED EMISSIONS FROM THE MINE TO THE MARKET.” JORGEN SANDSTROM HEAD OF MINING & METALS, WEF

platform, he said, has created a blueprint to track all essential metals from mine to market and back via recycling.

Developed in collaboration with industry experts and supported by Dutch blockchain technology company Kryha and MMBI project manager and adviser Susan Joseph, the COT uses a distributed ledger technology to track carbon emissions, ensuring traceability of emissions from the mine to the final product, with a focus on end-to-end traceability.

The distributed nature of blockchain technology enables crossenterprise collaboration, making it the ultimate networked technology.

“The COT demonstrates that participants within and across the value chains can collaborate and test practical solutions to sustainability issues that cannot be resolved by individual

Shipping coal by train at Glencore’s Prodeco coal project in Colombia.

companies,” Sandstrom said.

“Having an industry approach enables us to focus on practical and viable ways to deliver on our vision,” he explained. “We’re also exploring how to best work with other groups such as standards and assurance groups.”

GLENCORE

The work follows the formation of the MMBI in October 2019, which was created in response to demands from stakeholders to develop mine-tomarket visibility and accountability.

The MMBI is a collaboration between the WEF and mining and metals companies, including Anglo

American (LSE: AAL), Antofagasta Minerals (LSE: ANTO; USOTC: ANFGY), Eurasian Resources Group (TSXV: EMX; NYSE: EMXX), Glencore (LSE: GLEN), Klockner & Co, and Minsur.

The initiative aims to build responsible sourcing and sustainability practices into the industry by accelerating an industry solution for supply chain visibility and promote environmental, social, and governance requirements that use blockchain.

Commenting on the COT, Benedikt Sobotka, CEO of Eurasian Resources Group and co-chair of the Global Battery Alliance, said: “We believe that enhanced collaboration around blockchain technology is necessary to improve supply chain transparency and reporting on carbon emissions.

“The MMBI’s custom-built blockchain solution will allow customers to verify the environmental impact of the products they use, and we are excited to have entered the next phase of the platform’s development,” he added.

The consortium is currently testing several hypotheses about the future of the platform, Sandstrom said.

“Feedback sessions with industry stakeholders will be scheduled in early 2021,” he said. “Those sessions will help the group refine the vision and set the framework for the next phase.” TNM

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Focus on the positive EDITORIAL

| M&A and strong metal prices in the year ahead

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ith rising Covid-19 infections, a new and more infectious variant of the virus, and a vaccination rollout slower than most would like, along with the sickening scenes from Washington, D.C. on Jan. 6 that saw a mob incited by U.S. President Donald Trump launch an attack on Capitol

BY TRISH SAYWELL Hill, it’s important to try to stay at least a little tsaywell@northernminer.com bit positive as the new year begins.

That’s why we’ll focus here on the good news: Agnico Eagle Mines’ decision to rescue TMAC Resources in an all-cash deal with an equity value of $286.6 million — 26% higher than an earlier bid from China’s state-owned Shandong Gold Mining, which was blocked in the final weeks of 2020 by the Canadian government under the national security provisions of the Investment Act of Canada. Many analysts believe 2021 will see other big M&A deals in the mining space, too.

Haywood Securities reasons that the Agnico-TMAC transaction “signals the potential for further consolidation among North American based mid-tiers over the nearer-term.” Writes the Haywood team: “We surmise prospective consolidation targets may include Pretium (high-grade production in Canada); Liberty Gold (growing resource in favourable jurisdiction), and Belo Sun (large-scale resource, awaiting permit re-instatement).”

But we can also take cheer from a sixty-five page report from BMO Capital Markets (Commodity Outlook 2021: How Now Cash Cow?) published in mid-December by the bank’s team of mining analysts led

by London-based veteran Colin Hamilton. While Hamilton cautions that some bottlenecks in supply chains and container availability for transport have already emerged and are likely to continue to do so over the course of the year, by and large he is upbeat about the picture for many of the key metals in 2021.

For base metals and bulks, the report states: “margins are expected to remain significant across the sector, underpinning potential for increased capital returns and extremely attractive multiples,” while 2021 is expected to be a year “of relative stability for gold and silver, as traditional demand steps up to offset weaker ETF flows.”

The BMO analysis also points to an industrial recovery that “keeps on broadening” and foresees “further demand gains over the coming months, bolstered by restocking through global goods chains, with the peak growth rate around April 2021.”

“Typically, industrial commodity prices do well when global industrial production is accelerating, and from a previous forecast of 3.4% industrial output growth in 2021, we now expect 6%, the strongest since 2010.”

The analysts forecast that the first six months of 2021 “is set to post growth figures that will look extraordinary, whether for economic growth, industrial output, or commodity demand,” and noted that they can “easily foresee a scenario whereby Chinese GDP rises over 10% year-on-year in Q1, while global industrial output should be up more than 10% year-on-year in Q2.”

Moreover, they said, “base metals and bulk commodity demand growth will look stellar, with 2021 as a whole set to see the strongest growth rates since the post-GFC (Global Financial Crisis) period.” Importantly, however, while BMO is predicting a “strong cycle” — it doesn’t believe it is the start of a new super-cycle.

Fiscal stimulus programs to deal with the economic fallout from Covid-19 will also help support spending on green initiatives and the global energy transition to renewable energy and electric vehicles, which are metals intensive, the report states.

In terms of equities, BMO encourages investors to “stay selective.” In the base metals and bulks space, BMO advises exposure first to: “producers that are less ‘price sensitive’ in commodities that have already rallied; 2) in commodities that are yet to recover meaningfully, and /or 3) to producers that offer meaningful volume growth or significant cash generation.” The bank’s top picks in the base metals and bulk space are, in alphabetical order: Anglo American, Constellium, Copper Mountain, Freeport McMoRan, Ivanhoe Mines and Lundin Mining.

As for precious metals, BMO’s preference is for “larger, more established names with strong track records and cash generation potential and companies with significant positive catalysts in 2021” and the analysts point out that “effective allocation of the excess cash will be one of the key differentiators in terms of determining investor interest and relative equity performance.” With that in mind, BMO’s top picks are: Agnico Eagle Mines, Endeavour Mining, Kirkland Lake Gold, Pan American Silver, SSR Mining and Yamana Gold. TNM Happy New Year!

COMPANY INDEX Agnico Eagle Mines . . . . . . . . . . . . . 1,6,14 Alexco Resource . . . . . . . . . . . . . . . . . . 12 Almaden Minerals . . . . . . . . . . . . . . . . . . 8 American Creek Resources . . . . . . . . . . 14 Anglo American . . . . . . . . . . . . . . . . . . . 3 Antofagasta Minerals . . . . . . . . . . . . . . . 3 Aquila Resources . . . . . . . . . . . . . . . . . . . 8 Argonaut Gold . . . . . . . . . . . . . . . . . . . . 16 Artemis Gold . . . . . . . . . . . . . . . . . . . . . 13 Ascot Resources . . . . . . . . . . . . . . . . . . . 12 Banyan Gold. . . . . . . . . . . . . . . . . . . . 12,13 Benchmark Metals . . . . . . . . . . . . . . . . . 13 Eurasian Resources Group . . . . . . . . . . . 3 Glencore . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Ivanhoe Mines . . . . . . . . . . . . . . . . . . . . . 6 Kinross Gold . . . . . . . . . . . . . . . . . . . . . 14 Mason Graphite . . . . . . . . . . . . . . . . . . . 7,8 McEwen Mining . . . . . . . . . . . . . . . . . . 2,8 Newmont . . . . . . . . . . . . . . . . . . . . . . . . . 1 New Century Resources . . . . . . . . . . . . . 5

New Gold . . . . . . . . . . . . . . . . . . . . . . . . 13 Nexa Resources . . . . . . . . . . . . . . . . . . . . 5 Nickel Creek Platinum . . . . . . . . . . . 13,14 Pretium Resources . . . . . . . . . . . . 10,16,14 Pure Gold Mining . . . . . . . . . . . . . . . . . . 2 Rio Tinto . . . . . . . . . . . . . . . . . . . . . . . . . 6 Seabridge Gold . . . . . . . . . . . . . . . . . . 10,14 Skeena Resources . . . . . . . . . . . . . . . . 10,16 Star Diamond . . . . . . . . . . . . . . . . . . . . . . 6 Talisker Resources . . . . . . . . . . . . . . . . . 14 Teck Resources . . . . . . . . . . . . . . . . . . . . . 5 Teuton Resources . . . . . . . . . . . . . . . . . . 14 Tinka Resources . . . . . . . . . . . . . . . . . . . . 5 TMAC Resources . . . . . . . . . . . . . . . . . . 1,6 Tudor Gold . . . . . . . . . . . . . . . . . . . . . . . 14 Victoria Gold . . . . . . . . . . . . . . . . . . . . . 12 White Gold . . . . . . . . . . . . . . . . . . . . . . . 14

THE VIEW FROM ENGLAND

Brexit threat to London’s finance sector COLUMN

| Fairy stories to the rescue as U.K. mulls new European bureaucracy

BY DR. CHRIS HINDE Special to The Northern Miner

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e are into a new year, and in the U.K. we face a near-perfect storm. On top of the depressing weather, Brexit has finally come into effect (after the 11-month transition period) just as we face a new variant of Covid-19.

Yes, we have a post-Brexit trading deal with the European Union (E.U.), but the U.K. faces a difficult start to 2021 because of additional border bureaucracy and uncertainty about the status of our important service sector. The latter was not included in the E.U. trade deal, and the rules governing the relationship of London’s financing sector with E.U. member nations has yet to be determined.

We have a long history of fraught politics at this dark time of the year. For example, the end of January marks the 360th anniversary of the beheading of Oliver Cromwell, who was leader of the English Commonwealth after the execution of King Charles I. Cromwell’s fate was hardly surprising given the return to power of the Royalists in 1660 (under King Charles II), but Cromwell had actually died (from natural causes) in 1658. Nevertheless, Cromwell’s corpse was dug up, beheaded and his head put on a spike above Westminster Hall (where it stayed for 30 years).

On top of our all-new Brexit and Covid-19 woes, the third week in January is commonly regarded in England as the most depressing time of the year. It combines the end of the festive season, bad weather and the widespread breaking of New Year resolutions.

Fairy stories are one way of relieving the gloom. Charles Perrault was the first of the great recorded fairy tale authors. Writing in the 18th century, his romantic stories included “Cinderella,” “Sleeping Beauty” and “Beauty and the Beast.”

The brothers Grimm collected folk stories in the 19th century, including “The Elves and the Shoemaker” and “Hansel and Gretel.” Hans Christian Andersen poked fun at vanity with “The Little Mermaid,” “The Emperor’s New Clothes” and “The Ugly Duckling.”

Such tales have been keeping us Europeans sane for millennia.

Academics have linked “Rumpelstiltskin” to stories being told in the Bronze Age 4,000 years ago, while “Jack and the Beanstalk” can be traced back 5,000 years, and “The Smith and the Devil” is thought to be at least 6,000 years old.

Mining companies seeking financial services in the U.K. might need the comfort of these tales as we navigate our changed circumstances.

Nevertheless, it is still a sector that employs more than one million people, generates 7% of the U.K.’s economic output and accounts for almost 11% of the government’s tax revenue. As well as being Europe’s financial hub, London had been

catching up with New York according to the latest Global Financial Centres Index.

The London Stock Exchange (LSE), and the junior Alternative Investment Market, accounted for over 25% of the mining industry’s total financing of US$12.9 billion in the three months to end-September (the TSX accounted for 23%), according to S&P Global Market Intelligence.

Almost all of the mining funds raised in London were senior debt financing. With interest rates so low, the current focus of fund raising is through debt, which fortunately is a U.K. speciality. The Mining Intelligence database calculates equity funds raised during Q3 as totalling only US$2.5 billion globally.

Companies listed in London include over 360 in the extractive sector (a group that comprises 128 in the mining category, plus energy and industrial minerals companies).

This sector has a combined market capitalisation of over US$1.6 trillion, which represents 18% of the global total. Although there are more extractive-sector companies listed on the TSX and far more in Vancouver, only New York can beat the market value of London’s extractive sector.

Since the June 2016 Brexit vote, however, financial firms in London have set up new offices in the E.U., and an estimated 7,500 financialservices jobs have been lost to bloc members.

Our financial firms have now lost blanket E.U. access. They had hoped to retain so-called ‘passporting’ rights (the foundation of the E.U. single market for financial services), but this perk is only available to firms based in member countries.

The E.U.’s “equivalence” regime is a poor shadow of passporting as it only covers a narrow range of services, can be withdrawn at short notice and means that the U.K. will have to accept rules over which it has no influence. To maintain links anything like the pre-Brexit arrangement, the U.K. is reliant on the E.U. granting permanent regulatory equivalence.

Nevertheless, London has a towering lead over rivals Frankfurt, Milan and Paris when it comes to trading stocks, currencies and derivatives, and in playing host to asset managers (only one-third of the institutional investors on the LSE are actually British). While London will almost certainly decline in significance, it will not slip into irrelevance. There are few other cities in the world that have the same depth of infrastructure, talent pool and networks to sustain a buzzing financial-services centre.

Classic fairy tales are where frogs are kissed by princesses, wolves huff and puff, and gingerbread men run away. The analogies with mining companies seeking finance are not hard to find; at least it is something to smile about in these dark times. TNM — Dr. Chris Hinde is a mining engineer and the director of Pick and Pen Ltd., a U.K.-based consulting firm.

He previously worked for S&P Global Market Intelligence’s Metals and Mining division.

DEPARTMENTS Editorial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Metal Prices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Professional Directory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Stock Tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20-23

GLOBAL MINING NEWS

THE NORTHERN MINER / JANUARY 18—31, 2021

5

Fitch forecasts rebound in zinc production ZINC

| Annual mine production expected to grow by 1.8% through 2029 the third quarter of 2020 was in the prefeasibility study phase and on hold due to its changed capex strategy in response to Covid-19.

Peru has the third highest number of new zinc projects in the pipeline at 16, according to Fitch’s Global Mines Database.

BY AMANDA STUTT

G

MINING.com

lobal zinc mine output will recover in the coming years following several years of decline, Fitch Solutions forecasts in its latest industry report, adding that after contracting by almost 10% between 2013 and 2020, annual output will commence a multi-year uptrend starting in 2021.

High prices by historical standards have encouraged investment into a pipeline of new projects and restarts, which will continue to come online in 2021.

Elevated zinc prices relative to historical levels will encourage investment in new projects, expansions and restarts as the economics of the projects maintain their attractiveness, Fitch asserts. The group’s analysts also see scope for some idled capacity to be restarted. Fitch forecasts global zinc mine production to grow at an annual average rate of 1.8% over 2021-2029, compared with 0.2% over the previous decade.

China will remain the largest global producer The analytics firm expects zinc mine production in China will stagnate over the coming years due to declining ore grades and increasingly stringent environmental regulations.

China’s conservation of minerals and consolidation of its mining industry will weigh on zinc output, and the strong support it gives to its state-owned enterprises (SOEs) will help ensure that the SOEs continue to dominate the country’s zinc industry, with increasing consolidation of smaller miners, Fitch forecasts.

Zijin Mining will remain a dominant producer in China’s zinc sector with ownership of China’s second-largest zinc mine, Wulagen, and its 95% ownership in the Miaogou-Sanguikou operations.

Fitch forecasts the country’s zinc production to edge higher, from 3.85 million tonnes in 2021 to 3.87 million tonnes by 2029. Despite this muted growth rate, China will remain the largest zinc producer in the world by a wide margin, and Fitch forecasts China’s share of global production to slide from 29% in 2021 to 26% by 2029.

Peru Fitch predicts Peru will remain a top producer of zinc concentrate over the coming years. The country hosts approximately 57 mining firms, according to the Ministry of Energy & Mines, which consist of both international firms such as Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) and Glencore (LSE: GLEN) as well as domestic miners.

Despite the large number of players, Peru’s zinc sector is dominated by the Antamina operation and Nexa Resources’ (TSX: NEXA; NYSE: NEXA) operations of Cerro Lindo and El Porvenir. Antamina produced 303,000 tonnes in 2019, marking a 25.8% year-on-year contraction from 409,000 tonnes in 2018. In 2019, Cerro Lindo and El Porvenir produced 250,000 tonnes and 97,000 tonnes of zinc, respectively.

Operations at Antamina were suspended from mid-April to late May 2020 due to the Covid-19 pandemic, but nonetheless, Glencore reported 4.0% year-on-year growth in zinc output at the site during the first half of 2020.

Elevated zinc prices will allow companies to move forward with projects within the pipeline, supporting stable growth. Fitch points out that as of November 2020, Tinka Resources (TSXV: TK) is continuing to develop the Ayawilca asset with it recently beginning a resource ex-

Molten zinc at Glencore’s Asturiana de Zinc project in Spain.

pansion drill program, which it will continue into 2021. The company’s current timeline aims to complete the feasibility study by 2021-2022 then begin operations by 2023, produc-

GLENCORE

ing approximately 140,000 tonnes of zinc concentrate in its first year.

Fitch also expects Nexa Resources to pick back up the development of its Shalipayco project, which in

Australia trajectory Following 2019’s year of robust growth, Fitch expects Australia to maintain its positive trajectory over the coming decade. During 2019, the ramp up of MMG’s Dugald River mine and the restart of Glencore’s Lady Lorreta mine at Mount Isa led the increase in Australia’s zinc mine output by an estimated 14% year-on-year.

Fitch expects New Century Resources (ASX: NCZ) to be a significant driver of growth as the company ramps up its Century mine. The

mine has successfully refurbished its 12 million tonne per year zinc flotation plant and restarted operations.

In turn, zinc output reached 33.6kt in the third quarter of 2020, marking a 28.2% year-on-year increase. Fitch estimates the operation is on pace to produce approximately 120,000132,000 tonnes per year.

According to Fitch, zinc production in Australia will increase from 1.4 million tonnes in 2021 to 1.6 million tonnes by 2029, averaging 2.4% growth year-on-year, on the back of elevated zinc prices and its solid project pipeline. Junior miners will continue to advance zinc projects in Australia, given the positive outlook for zinc prices over the coming years, Fitch said. Australia currently holds a combined 27 zincrelated new projects, expansions and restarts in the analyst’s Global Mines Database. TNM

A Canadian natural resource company focused on exploring and developing Saskatchewan’s diamond resources

Diamond populations from the Star and Orion South Kimberlites include Special (+10.8 carats), Fancy (yellow) and a high proportion of Type IIa diamonds.

TSX: DIAM

www.stardiamondcorp.com @StarDiamondCorp

6

WWW.NORTHERNMINER.COM

JANUARY 18—31, 2021 / THE NORTHERN MINER

Initial production at Ivanhoe’s Kamoa-Kakula expected in less than six months COPPER

A Bauer trench cutter drill rig at the Star-Orion South project in central Saskatchewan.

STAR DIAMOND

| Underground development of mine is ahead of schedule

Over 3,500 diamonds recovered from Star-Orion South project | Mine has potential to produce 66 million carats in its lifespan SASKATCHEWAN

Ivanhoe’s Kamoa-Kakula project in the Democratic Republic of the Congo.

I

BY MINING.COM STAFF

vanhoe Mines (TSX: IVN; USOTC: IVPAF) announced that underground development at its Kamoa-Kakula copper project in the Democratic Republic of the Congo mined and stockpiled 269,000 tonnes of ore grading 5.36% copper in December from the Kakula and Kansoko mines.

The miner said in a press release that given its progress, initial production at Kamoa-Kakula can be expected in less than six months.

According to Ivanhoe, the reported tonnage in the last month of 2020 was 7.6% higher than in November, while the copper grade was 10.5% higher. This means that the project’s pre-production surface stockpiles now contain approximately 1.52 million tonnes of high-grade and medium-grade ore at an estimated

blended grade of 4.03% copper.

The company also said that contained copper in the stockpiles increased by approximately 14,400 tonnes in December, marking a 30.9% increase over November’s production and reflecting the increased mining in the ultrahigh-grade centre of the Kakula deposit — to a cumulative total of more than 61,000 tonnes.

This development means that the project is on track to have approximately three million tonnes of high-grade and medium-grade ore stockpiled on the surface, holding more than 125,000 tonnes of contained copper, prior to the planned start of processing in July 2021.

“After more than 26 years of continuous efforts, Ivanhoe Mines and its joint-venture partners are less than six months away from initial production at Kamoa-Kakula — the

Margorie Anne Sheridan

IVANHOE MINES

first world-scale copper discovery on the African continent in generations,” Robert Friedland, Ivanhoe Mines’ co-chair, said in the media brief. “Underground development at the Kakula mine is well ahead of schedule and construction of the first phase processing plant is on schedule to produce exceptionally high-grade and clean copper concentrates beginning this July.”

Besides mining and stockpiling, December’s progress at the site brought total underground development to 29.8 kilometers — approximately 10.5 kilometers ahead of schedule. The monthly underground development in December was 2,521 meters at the Kakula mine and 271 meters at the Kansoko mine.

The Kamoa-Kakula copper project is a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the Government of the Democratic Republic of the Congo (20%).

According to an independent prefeasibility study released in 2019, if all phases are completed, the operation is expected to reach peak annual production of more than 700,000 tonnes of copper.

The updated resource estimate for the massive project shows it holds 1.4 billion indicated tonnes grading 2.74% copper for 83.7 billion pounds of copper and another 339 million inferred tonnes grading 1.68% copper for 12.5 billion pounds of copper at a 1% cut-off grade. TNM

S

BY MINING.COM STAFF

tar Diamond (TSX: DIAM) has recovered 3,534 diamonds weighing 210.68 carats from its ninth bulk sample trench excavated on the Star kimberlite at the Star-Orion South project in north-central Saskatchewan, Canada.

The project is a joint venture with Rio Tinto Exploration Canada, which undertook the excavation of the ninth trench in 2019.

According to Star Diamond, among the thousands of rocks recovered from the trench, three were large 10.13, 8.10 and 7.29-carat Type IIa diamonds, while 25 diamonds were greater than 1 carat. The latter were all recovered from the Early Joli Fou kimberlite, which is the dominant kimberlite unit at the project in terms of ore volume and diamond grade.

“The recent recovery of larger Type IIa diamonds from Rio Tinto Canada’s bulk sample program continues to strengthen our expectation for recovery of large, high-value diamonds in a future producing diamond mine,” Ken MacNeill, president and CEO of the Saskatoon-based company, said in a press release. “There were also 5.15 and 3.44-carat diamonds recovered from the ninth trench, with the 3.44-carat diamond being an ‘H’ (near colourless) octahedron.”

MacNeill also said that initial results from the first nine reported trenches continue to validate the

grades outlined in the company’s preliminary economic analysis, which was based upon its own prior underground bulk sampling and large diameter drill programs.

“Star Diamond has now publicly reported initial results from nine of the 10 bulk sample trenches excavated by Rio Tinto Canada,” the executive said. “Until critically important and comprehensive diamond breakage studies are completed, the processing, diamond recovery and reporting of all diamond results on the bulk sample trenches excavated by Rio Tinto Canada will not be complete.”

Located east of Prince Albert, Saskatchewan’s third-largest city, Star-Orion is a large, low-grade project that contains both large diamonds and rare Type IIa stones.

Based on the most recent economic study on the project, StarOrion has the potential to produce 66 million carats over a 34-year mine life. This would make it the first operational diamond mine in the prairie province.

But mine development hasn’t run smoothly. The JV partners are engaged in a legal battle over accusations by Star Diamond that RTEC improperly exercised its options to obtain a majority ownership stake in the proposed operation.

In August, a Canadian court ruled that Star Diamond had grounds to take its legal fight with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to court but a trial date has yet to be set. TNM

(nee Gilchrist)

From humble beginnings miner’s daughter in September of 1933 in Buchans Newfoundland, Marjorie Anne Sheridan (nee Gilchrist) lived an extraordinary life always full of enthusiasm, travels to far flung nations and humanitarian zeal. Her love of the north, its people and wilderness never wavered as did her faith. In the end death came as a friend in her 87th year.

Wife of the late John Patrick Sheridan for 53 years through sunny skies and rough seas they stayed committed to each other to the very end. Her greatest accomplishment she said in later life was her four children, Michael, Patrick, Susan and David and her seven grandchildren who she cherished and nurtured to her last days.

From her early days in Kirkland Lake at the Teck Hughes mine, Marge excelled through KLCVI, Havergal and finally University of Toronto where she met a brash fighter pilot on a blind date who became the love of her life.

Through thick and thin they together built a family and a legacy.

“Marge”, always the Belle of the Ball, could go for an early morning hunt at dawn and host a formal party for hundreds in the same evening. All with an abundance of poise and class.

As an ardent and early advocate of human rights she sponsored many families from less fortunate nations of the world and was an early supporter of Amnesty International and their humanitarian endeavors.

Her loss has left a wound in many hearts, a void that can never be filled again and memories that can never be replaced.

In lieu of flowers, donations in remembrance of Marjorie may be made to Eglinton St. George’s United Church, 35 Lytton Blvd, Toronto, Ontario M4R 1L2 www.esgunited.org/give.

M & A From 1

Canada’s high North, we recognize the industry is currently flush with cash flow and is devoid of investment alternatives,” he wrote.

Hope Bay holds reserves of 16.9 million tonnes at 6.5 grams gold per tonne for a total of 3.5 million ounces.

The federal government ordered a national security review of Shandong’s offer for TMAC in October, several months after TMAC shareholders had approved the bid, originally made in May 2020. The deal drew federal scrutiny amid heightened tensions with China, and because of the Hope Bay project’s strategic location just a few kilometres away from the Arctic Ocean. The government rejected the deal in December.

Mining analyst Farooq Hamed who covers Agnico for Raymond James, said the gold miner is likely looking at Hope Bay as a development asset it can tuck into its pipeline at a “reasonable cost of ~US$100/oz. of 2P reserves

and ~US$67/oz. of M&I resources.”

“While Hope Bay is a current producing asset (producing ~130,000 oz. per annum to 2023), we would expect AEM’s interest in the asset is based on a larger production profile, ultimately above 300,000 oz. per annum where the company has previously indicated that projects in Nunavut need to be to have the scale to be economically viable,” Hamed wrote in a research note. “As a result, we think the recent Hope Bay PFS (March 2020) that includes a new mill and production expansion to ~250,000 oz. per annum starting in 2024 with capex of ~700 million may not be the ultimate outcome for Hope Bay in the hands of AEM.” “Given our view that the development of Hope Bay under the control of AEM could undergo a ‘re-think’, we expect AEM would follow up with an extensive exploration program to understand the growth potential of the Madrid and Boston deposits, where the majority of the reserve/resource

sits, and how that would relate to mill size and placement given the distance between the two deposits.”

Carey MacRury, an analyst at Canaccord Genuity, described the transaction “as a small bet for Agnico on the optionality of ~7Moz of resources in a jurisdiction the company knows well,” and pointed out that the $287 sticker price “represents only 1.2% of Agnico’s market cap.”

“We believe Agnico will look to completely reset the project with the time, capital, technical skills (and patience) to rethink the project’s configuration,” the analyst commented in a research note, adding that the company is the largest operator in Nunavut and “can leverage its logistics capabilities, which are critical to operating in the region given annual sealift constraints.”

MacRury also pointed to the “significant exploration potential” on TMAC’s land package and its location on “80 km of largely underexplored greenstone belt.” TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / JANUARY 18—31, 2021

7

Mason Graphite hits major milestone at its Lac Gueret project QUEBEC

BY CARL A. WILLIAMS

M

cwilliams@northernminer.com

ason Graphite (TSXV: LLG; US-OTC; MGPHF) has reported that testing of lithium-ion batteries containing graphite from its 100%-owned Lac Gueret project in Quebec, 660 km north of Montreal, has reached a key milestone for potential electric vehicle application.

The lithium-ion batteries, which contained anodes made from coated spherical graphite (SPG) manufactured from graphite flake concentrates mined at Lac Gueret, achieved 500 charging/discharging cycles while maintaining 85% of the battery’s original capacity, bettering the minimum industry requirements of 80%.

“This is the culmination of five years of hard work to arrive at a product that has credibility in the market,” Jean L’Heureux, Mason Graphite’s chief operating officer, said in an interview. “The 500 cycles target is considered to be a significant milestone in the battery industry, and we were also able to demonstrate that it is repeatable.”

During the battery charging cycle, the SPG acts as a host for lithium ions that migrate through the electrolyte from the cathode (usually made from lithium metal oxide) to the anode, where they attract electrons from an external circuit and are stored as lithium in the anode’s graphite structure.

Conversely, during discharge,

| Lithium-ion battery capacity exceeds minimum requirements

“THIS IS THE CULMINATION OF FIVE YEARS OF HARD WORK TO ARRIVE AT A PRODUCT THAT HAS CREDIBILITY IN THE MARKET.” JEAN L’HEUREUX, CHIEF OPERATING OFFICER, MASON GRAPHITE

lithium ions are released from the anode as they give up electrons to the external circuit, move to the cathode, and are again stored as lithium.

To produce SPG grains for use in the battery’s anode, the graphite flakes must first be reduced to about 40 microns in size and then rounded to produce SPG grains of between five and 20 microns.

These micronized and spherical graphite structures, which resemble a clenched fist, are then purified using sulphuric acid.

“The higher the purity of the SPG, the better it is at storing the maximum amount of energy and maintaining the reversible capacity of the battery,” said Henri Wilhelm, the company’s advanced applications and product specialist. “The SPG particle grain size and shape are also important, as the micron-sized rounded particles allow for a thin

Mason Graphite’s Lac Gueret graphite project in Quebec.

and densely packed anode.”

The company has been able to produce SPG grains of 99.95% purity with an average grain size of 20 microns, he said.

The final stage involves coating the graphite with a carbonaceous precursor and baking it at over 1,000 degrees Celsius, which produces a hard, thin carbon shell that “smoothens” and reduces the grain’s surface area, improving the battery’s cycling efficiency and energy storage capacity.

The coating also prevents the graphite from reacting with the battery’s electrolyte, which reduces the battery capacity and life.

Graphite was first discovered at

Lac Gueret in 2001 by Exploration Esbec Inc., a mineral exploration and production company based out of Sept-Iles, Quebec. The following year, Quinto Mining Corp. optioned a block of claims from Exploration Esbec, which now constitute the core of the current property.

Quinto conducted sporadic exploration of the property between 2002 and 2007, including trench and geological mapping, channel sampling, geophysical surveys, and drilling.

However, very little work was carried out to develop the project.

In 2008, Quinto was acquired by Thompson Iron Mines and, in 2011, Cleveland-Cliffs (NYSE: CLF), then

MASON GRAPHITE

called Cliffs Natural Resources Inc., acquired Thompson.

Mason acquired the property from Cleveland-Cliffs in 2012.

That same year the company completed a 163-hole infill drill program and then tested its first laboratoryscale concentration process on mineralised samples from the project.

From 2013-2014, Mason completed an 86-hole 13,418-metre drilling campaign.

The company conducted additional metallurgical work on core samples from 2014-2015, with the first pilot test performed on a bulk See QUEBEC / 8

8

WWW.NORTHERNMINER.COM

JANUARY 18—31, 2021 / THE NORTHERN MINER

Almaden denied environmental permit for Ixtaca project

Permit for Aquila Resources’ Back Forty mine denied MICHIGAN

| Concerns raised about project’s impact on wetlands

| Gold-silver deposit discovered in 2010

MEXICO

Almaden Minerals’ Ixtaca gold-silver project area, east of Mexico City, in Mexico’s Puebla state. ALMADEN MINERALS

BY MINING.COM STAFF

M

exico’s federal permitting authority, SEMARNAT, has rejected the environmental permit application for Almaden Minerals’ (TSX: AMM) Ixtaca gold-silver deposit, one of the country’s significant precious metal discoveries.

The company received notification from SEMARNAT on Dec. 21.

Almaden originally submitted the application in early 2019.

Reasons cited for not approving it, in the company’s view, included insufficient information regarding the impact of open-pit mining on the local environment.

In a statement, Almaden said SEMARNAT appears to have discounted the company’s prevention, mitigation and compensation measures, which were part of the application.

The company also said it is continuing its review of SEMARNAT’s response to the application and is evaluating alternatives, which include submission of a revised application, continuing dialogue

QUEBEC From 7

sample in 2014.

In 2015, Mason started its “first transformation” by developing the deposit and mine concentrator.

Detailed engineering work for the mine was started in 2017, and the company purchased the main processing equipment for the concentrator, located in Baie-Comeau, 285 km to the south of Lac Gueret, in 2018.

Although the detailed engineering design work is 75% complete, said L’Heureux, it has been put on hold due to the currently oversupplied market of cheap graphite from China.

But he is optimistic, as are many

and legal options.

Almaden discovered the Ixtaca deposit in 2010 after nine years of exploring the area.

The project is located 120 km southeast of the Pachuca mine, one of Mexico’s largest gold and silver deposits, with historic production of 1.4 billion ounces of silver and 7 million ounces of gold.

A 2018 feasibility study envisioned Ixtaca as a conventional open pit mine with average annual production of 108,500 ounces of gold and 7.06 million ounces of silver over the first six years.

“We will review the reasons provided and the factors that may have led to this decision and determine a path to move this project forward,” Almaden CEO Morgan Poliquin stated in a press release. “We believe that since discovery we have outlined a resource and ultimately a mineral project that is highly economic, robust and reflective of the ideal that successful mining projects can and should make a significant positive difference for local communities over the short, medium and long term.” TNM

industry analysts, that the price of graphite will increase over the next few years as the use of energy storage technologies ramps up and the demand for graphite outstrips current supply.

In 2018, the company released an updated feasibility study, which outlined an open-pit mine producing 51,900 tones of graphite concentrate a year over a mine life of 25 years.

The study pegged capital costs at $258.2 million with an after-tax payback period of about four and a half years. Operating costs were estimated to be $627.3 million over the life of the mine for an average production cost of $483.77 per tonne of graphite concentrate.

The updated study, which used

Senior Exploration Geologist CanAlaska Uranium, a leading Athabasca Basin uranium explorer, is seeking a Saskatchewan-based Senior Exploration Geologist to assist in leading and managing uranium and nickel exploration programs in Saskatchewan and Manitoba, Canada. Advanced Geology degree, with minimum 5 years of experience in early-stage to advancedstage exploration, required.

Please forward your resume to jobs@canalaska.com

Aquila’s flagship Back Forty project is an open pit volcanogenic massive sulphide deposit with underground potential in northern Michigan. AQUILA RESOURCES

BY CECILIA JAMASMIE

A

Mining.com

U.S. judge from Michigan has reversed a decision by state regulators allowing Aquila Resources’ (TSX: AQA; US-OTC: AQARF) proposed gold, zinc and copper mine to go ahead.

The ruling revokes the wetlands permit for the Back Forty project in Lake Township, north of Menominee, in the state’s Upper Peninsula. It comes after opponents to the project challenged the permit issued in 2018 by the Michigan Department of Environment, Great Lakes and Energy (EGLE).

“The ruling raises valid concerns about the potential impacts on groundwater and surface water, including the Lower Menominee River,” department spokesman Hugh McDiarmid told local media.

Aquila’s application did not provide sufficient information on potential damage to wetlands near

an average graphite concentrate price of $1,933 per tonne, forecast an after-tax net present value of $278 million, at an 8% discount rate, and an after-tax rate of return of 21.7%.

The study was based on an updated resource estimate for the project of 65.5 million measured and indicated tonnes grading 17.2% graphite for 11.2 million tonnes contained graphite. Inferred resources total 17.6 million tonnes grading 17.3% graphite for three million tonnes graphite.

“The high production grade of the ore means the production and operating costs are low,” L’Heureux said. “Even though the project would be profitable at the current market prices, at the moment, however, it is not enough to attract investors.”

The unfavourable market conditions, he said, have had a direct impact on the company’s share price, making it very difficult to develop the mine and concentrator without significant dilution.

Until the graphite market picks up, the company is focusing on the “second transformation” in the process by developing value-added products using graphite purchased from the market for a range of applications, including insulation, carbon brushes, brake pads, and clutch facings in cars, flame retardants, paints, and lubricants.

“We are also continuing to optimise the coating process to improve yield further, improve product quality, and adapt the process to uncoated spherical graphite coming from external sources of graphite,” he said. TNM

the river, which runs along the Michigan-Wisconsin line, Judge Daniel Pulter said in a decision released on January 4. It also failed to show there were no feasible alternative locations for the mine, he said.

The Toronto-based miner said the judge’s decision was based mostly on what the company believes is a misunderstanding of the information concerning the potential for indirect wetlands impacts associated with the project.

The ruling, Aquila noted, establishes a permitting approach that “markedly departs” from wetland permits issued for other mining projects in the Great Lakes region.

During the 31 months since the Wetlands Permit was issued, Aquila said it had worked constructively with EGLE to satisfy specific conditions named in the permit and has limited direct impacts in regulated wetlands to only 11.2 acres.

“Obviously, we are disappointed

by the Judge’s decision,” President and CEO Barry Hildred said in a news release. “The company is evaluating its alternatives, which include the submission of an updated permit application or appealing the decision to the EGLE environmental review panel.”

Back Forty, Aquila’s flagship project, contains approximately 1.1 million ounces of gold and 1.2 billion pounds of zinc in the measured and indicated category.

The company has two other exploration projects: the Reef Gold project located in Marathon County, Wisconsin, and the Bend project in Taylor County, Wisconsin.

News of the permit denial on Jan. 5 sent Aquila’s shares down 2.5¢ or 19.21% to close at 10.5¢. At press time in Toronto the company’s shares were still at 10.5¢. Over the last year Aquila has traded in a range of 7¢ and 22¢ per share. The junior has about 338 million common shares outstanding for a market cap of about $36 million. TNM

A panoramic view from the El Magistral community near McEwen Mining’s Fenix project. MCEWEN MINING

MEXICO From 2

owner stated in a press release.

“Our next steps will involve detailed engineering, assessment of procurement options, and the evaluation of financing alternatives.”

The current operation at the El Gallo gold mine is a fully permitted site. SEMARNAT, Mexico’s Federal Environmental Authority, granted a permit in September 2019 for Phase 1, which allows the company to add a mill and leach circuit near the existing facilities to reprocess material from the heap leach pad.

The permit amendment also covered the backfilling of a previously mined pit with mill tailings, as part of a concurrent closure plan for the El Gallo gold mine.

Permits for Phase 2 are required to expand the footprint of the process plant, and the haul road, and to augment the tailings volume

allowed in the depleted pit.

According to the company’s NovDec. 2020 presentation, management is targeting annual production of 300,000 gold-equivalent ounces in 2025, up from 160,000 to 170,000 gold-equivalent ounces in 2021. Production will come from El Gallo, its Fox complex in Timmins, Ontario, Gold Bar in Nevada, and San Jose in Santa Cruz, Argentina.

McEwen is the company’s top shareholder with 20% (82.2 million shares), followed by Van Eck Associations (18 million), BlackRock (10.2 million); and Mirae Asset Global Investments (8.2 million).

Over the last year, McEwen Mining has traded in a range of 76¢ and $2.02 per share. At presstime in Toronto the company was trading at $1.25 per share. The miner has about 409 million common shares outstanding for a market cap of about $521 million. TNM

SPECIAL FOCUS

BC, YUKON & NWT Major reforms proposed in territorial mineral development strategy report YUKON

| Deal to see development of electrical power grid

BY KELSEY ROLFE

D

Special to The Northern Miner

eveloping new mining legislation, creating a water use tax and completing the Yukon’s six outstanding land use plans in the next five years are among the substantial list of recommendations made by the independent panel in charge of the territory’s mineral development strategy.

The panel’s final report, released Dec. 28, contains 79 recommendations meant to guide future mineral development in the territory. It was developed as part of a 2017 memorandum of understanding on mining between the Yukon government and 11 self-governing First Nations.

Yukoners have until Feb. 22 to comment on the report.

“This could shape the way that mineral development’s done in the Yukon for the foreseeable future, so this deserves a lot of attention,” said Yukon Chamber of Mines President Ed Peart in an interview with The Northern Miner.

According to panel member Math’ieya Alatini, chief strategist at GSD Strategies and former Chief of Kluane First Nation, the panel aimed to balance the needs of multiple stakeholders.

“We looked at creating a balance of a number of considerations that would increase transparency [and] increase the level of confidence that proponents would have when it comes to the Yukon,” she said in an interview. “[It] addresses the proponents, the First Nations’ side and the NGOs and environmental protection side in a way that is balanced and is hearing all sides of the arguments.”

One major recommendation is to develop new legislation by 2023 to replace the Placer and Quartz Mining Acts, which are both more than 100 years old, to align with the territory’s modern treaties with 11 self-governing First Nations as well as contemporary federal and territorial legislation. It also calls on any new legislation and regulations to be aligned with the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) and the principle of free, prior and informed consent.

New legislation would “replace the patchwork of amendments” that have rendered the two acts “unresponsive to evolving industry circumstances and [made them] difficult to enforce,” the report said, adding that any new legislation should be developed on a “government to government” basis with First Nations, including the three nations that haven’t yet signed modern treaties.

As part of the goal to align legislation with modern treaties and

“THIS COULD SHAPE THE WAY THAT MINERAL DEVELOPMENT’S DONE IN THE YUKON FOR THE FORESEEABLE FUTURE.” ED PEART, PRESIDENT, YUKON CHAMBER OF MINES

UNDRIP, the panel recommended fully delegating regulatory enforcement tools to Yukon First Nations mining land officers, which Alatini said would roughly double the number of people in the territory who could enforce regulatory compliance. The panel also recommended adding reconciliation to the list of reasons the territorial government can use to justify prohibiting entry for prospecting, staking and mining activities under both acts.

Erika Tizya-Tramm, director of natural resources for the Vuntut Gwitchin First Nation, said that while the concept of free, prior and informed consent could raise the hackles of industry because there’s no current precedent for it, it is necessary to include in mining legislation and regulation. “Instead of achieving minimum standards set out legislatively, we really ought to be achieving best practices,” she said. “Going forward [free, prior and informed consent] is going to be a big part of what defines success in these relationships and processes.”

The report included recommendations aimed at ensuring Yukon First Nations could receive financial and social benefit from mining, including creating a statute-based template for negotiating benefit agreements between companies and affected First Nations, with varying types of agreements required for each stage of the process. It also suggested improving information sharing between placer gold project proponents and First Nations at the exploration stage, and designing measures to give First Nations the ability to acquire equity stakes in mining projects and infrastructure initiatives.

The report aimed to address the uncertainty created by unfinished land-use planning and temporary staking bans across the province.

Currently, about half of the Yukon is off-limits to staking. The panel encouraged the territorial government to complete the six remaining regional land use plans detailed in the Umbrella Final Agreement with First Nations within the next five years.

“Most of [the] feedback we were See YUKON / 15

Planning for a post-pandemic economic recovery INTERVIEW

| Resource sector vital to Northwest Territories

BY DANIEL SEKULICH

A

dsekulich@northernminer.com

s 2021 begins, the Covid-19 pandemic has left no part of Canada untouched, with cases reported in every province and territory, though at press time only the Northwest Territories (NWT) and Prince Edward Island had reported no deaths related to the coronavirus.

However, the economic impact caused by the pandemic continues to wreak havoc in all regions of the country. And for jurisdictions like the NWT that rely heavily on the mining industry, support for the sector in the midst of the health crisis will need to be bolstered by plans for the future.

In the NWT, a heavy burden of responsibility in addressing the post-pandemic economic recovery falls on Caroline Wawzonek, who was appointed the territory’s Finance Minister in November 2019 and, since last September, has also become the Minister responsible for Industry, Tourism and Investment (ITI).

Minister Wawzonek spoke with The Northern Miner from Yellowknife about how the territory hopes to move forward in 2021.

How important is mining for the NWT? CAROLINE WAWZONEK: Mining has been and will continue to be a foundation of the economy for the Northwest Territories. And we anticipate that will continue to be the case for the foreseeable future.

So, it is a critical area for us to see growth and recovery as we look to [our future] after the pandemic.

We can clearly see the impact of the sector, in terms of the budget THE NORTHERN MINER:

Caroline Wawzonek, NWT’s Minister of Finance as well as Minister responsible for Industry, Tourism and Investment.

MINISTER’S OFFICE

“MINING HAS BEEN AND WILL CONTINUE TO BE A FOUNDATION OF THE ECONOMY FOR THE NORTHWEST TERRITORIES.” CAROLINE WAWZONEK, NWT MINISTER OF FINANCE, AND FOR INDUSTRY, TOURISM AND INVESTMENT

for the territory and in terms of the GDP more broadly. Of our private sector [revenue] contributions, definitely the mining industry is the single biggest contributor, in

terms of jobs and in terms of GDP impact, and that’s not new.

TNM: What are the challenges facing

the NWT in the year ahead, in respect to the mining industry?

CW : There are obviously some challenges relating to Covid-19, like restrictions on travel. But I will say that with my ITI hat on, I have had the opportunity to meet with some of the major companies that are doing work in the Northwest Territories, and all them have actually been very clear in saying that they have had a positive experience working with the government to ensure that, for instance, if a [travel] exemption is available, they are able to access it.

See INTERVIEW / 15

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JANUARY 18—31, 2021 / THE NORTHERN MINER

SPECIAL FOCUS BC, YUKON & NWT

Seabridge grows footprint in B.C. with Pretium asset buy M&A

S

| US$100 million all-cash deal

BY DANIEL SEKULICH & CECILIA JAMASMIE

eabridge Gold (TSX: SEA; NYSE: SA) has bought Pretium Resources’ (NYSE: PVG) Snowfield property in northwest British Columbia for US$100 million in cash, a 1.5% net smelter return royalty related to all production and a US$20 million future contingent payment.

The Toronto-based miner says the acquisition of Snowfield, immediately adjacent to its 100%-owned Kerr-Sulphurets-Mitchell (KSM) gold-copper project, opens up new development opportunities for its flagship asset. The acquisition closed on Dec. 17.

Snowfield contains measured and indicated resources of 1.37 billion tonnes grading 0.59 gram gold per tonne and 0.10% copper for 25.9 million oz. gold and 2.98 billion lbs. copper, with a further 833 million inferred tonnes grading 0.34 gram gold per tonne and 0.06% copper for 9 million oz. gold and 1.1 billion lbs. copper.

Speaking to The Northern Miner, Seabridge Gold’s chairman and CEO, Rudi Fronk, said the Snowfield acquisition would increase the measured and indicated resources

| Six rigs doing infill drilling to upgrade resources

BY MAGDA GARDNER

I

Rudi Fronk, chairman and CEO of Seabridge Gold, at the KSM property in northwestern B.C. SEABRIDGE GOLD

“I REALLY BELIEVE THAT ON THIS TRANSACTION IT WAS A TRUE WIN-WIN DEAL.” RUDI FRONK, CHAIRMAN & CEO, SEABRIDGE GOLD

for their combined assets by 52%, and talked about what the deal means for his company.

“First, it adds a fifth deposit to KSM, which really does improve our optionality in terms of how you might want to sequence mining at KSM; we have both open pittable deposits and block caving deposits,” he said. “Secondly, it brings our total resources at KSM to 9.8 billion tonnes.”

The addition of Snowfield, Fronk says, makes KSM not only the world’s largest undeveloped gold project, See M & A / 16

| Loan to be used to pay down debt on Eagle gold mine

BY TRISH SAYWELL

V

tsaywell@northernminer.com

ictoria Gold (TSX: VGCX) says an agreement with a syndicate of banks for a secured US$200 million debt facility will cut carrying costs by about 50% in 2021. The credit facility consists of a US$100 million term loan and a US$100 million revolving facility.

The loan was used to repay the company’s previously outstanding project finance facility, which

Skeena discovers near-surface mineralization within Eskay resource pit BRITISH COLUMBIA

Victoria Gold’s new credit facilities expected to lower carrying costs in 2021 FINANCING

WWW.NORTHERNMINER.COM

included senior and subordinated debt that was used to build Victoria Gold’s Eagle gold mine in the Yukon.

The Eagle mine, 375 km north of Whitehorse, became the Yukon’s newest gold mine when it reached commercial production in July 2020.

Eagle is forecast to produce an average of 210,000 oz. gold a year over ten years.

The loan facility has an interest rate ranging from 3% to 4% over LIBOR, or US dollar base rate loans, with an interest rate ranging from

2% to 3% over the US base rate, each based on the company’s leverage ratio and other terms and conditions.

The loan facility features lower interest rates, which is anticipated to reduce carrying costs by approximately 50% in 2021, John McConnell, Victoria Gold’s president and CEO, said in an interview. “The key thing for me is it’s a savings of about $10 million Canadian dollars so fairly significant.”

See FINANCING / 16

Canadian Mining Journal

nfill drilling at Skeena Resources’ (TSX: SKE; US-OTC: SKREF) past-producing gold-silver Eskay Creek project in the Golden Triangle of northwestern B.C. hit high-grade mineralization at surface within the 22 Zone resource pit.

Drill highlights from the 22 Zone included 26.3 metres of 3.05 grams gold per tonne and 221 grams silver per tonne (6 grams gold-equivalent per tonne) and 14.5 metres of 4.44 grams gold per tonne and 228 grams silver per tonne (7.48 grams goldequivalent per tonne).

The 26.3-metre intercept started at surface, is from the southeastern portion of the 22 Zone, in an area previously classified as waste, and included higher-grade sub-intervals. In the 2019 resource estimate, inferred mineralization estimated in this portion of the 22 Zone was based on widely spaced historical drilling. Two holes completed updip of this discovery intercept confirm the presence of mineralization in this area.

“This new discovery within the pit-constrained 22 Zone resource model was originally considered an area of unmineralized waste due to a lack of drilling and as such was not incorporated into Skeena’s 2019 PEA,” Paul Geddes, Skeena’s VP of exploration and resource development, said in a press release. “The grade and location of these recent intersections are expected to translate into additional resources when the 2020 drilling data is incorporated into the new resource model during Q1 2021.”

Additional infill intercepts from the 21 B and C zones included 29.4 metres of 3.23 grams gold and 9 grams silver (3.35 grams gold-equivalent) and 28.7 metres of 5.34 grams gold and 7 grams silver (5.44 grams gold-equivalent).

In addition to the infill results, Skeena provided assays from the

MULTI-MILLION OUNCE GOLD POTENTIAL IN FIRST CLASS JURISDICTION • AurMac Project 2020 inferred Maiden Resource, 903,945 ounces of gold contained in two near surface deposits

TSX: SEA NYSE: SA

INFO@SEABRIDGEGOLD.COM SEABRIDGEGOLD.COM

• Exceptional infrastructure • Experienced management • Results from 2020 Exploration have extended known mineralization and over 30 holes pending • Planned 2021 Exploration Program of over 15,000 m • Adjacent to Yukon’s two new mines & our major shareholders Victoria Gold Corp. and Alexco Resource Corp.

• Strong Treasury going into 2021

WWW.BANYANGOLD.COM TSX V BYN

Tom MacKay zone, 2.5 km southwest of the Eskay Creek deposits, from a near-surface, historical gold-silver occurrence, where it completed nine surface holes. This initial program hit replacementstyle mineralization; intercepts included 10.5 metres of 4.99 grams gold and 5 grams silver (5.05 grams gold-equivalent) and 14.5 metres of 2.02 grams gold and 14 grams silver (2.21 grams gold-equivalent).

Infill drilling at Eskay Creek continues with six rigs to upgrade resources for an upcoming prefeasibility study — expected in the second quarter of 2021. Once the infill program is completed, the drills are scheduled to start a 5,000-metre program testing near-mine targets.

All of the infill drilling is expected to be included in the first-quarter resource update.

At the end of 2019, Skeena released the results of a PEA on Eskay Creek, which outlined an open pit mine producing an average of 306,000 gold-equivalent oz. annually at all-in sustaining costs of US$757 per ounce. The associated net present value estimate, at a 5% discount rate, came in at $638 million with a 51% internal rate of return, based on US$1,325 per oz. gold and US$16 per oz. silver.

Current open-pit resources for Eskay include 12.7 million indicated tonnes at 4.3 grams gold and 110 grams silver for a total of 1.7 million oz. of gold and 44.7 million oz. of silver. Additional inferred pit resources total 14.4 million tonnes at 2.3 grams gold and 47 grams silver for 1.1 million gold oz. and 21.7 million silver ounces.

Mining analyst Craig Stanley of Raymond James has a ‘strong buy’ rating on Skeena and a $4.35 price target on the stock, and Michael Pettingell, an analyst at Canaccord Genuity has a ‘speculative buy’ rating and $5.00 per share target price.

At press time in Toronto the company was trading at $3.42 per share. TNM

GLOBAL MINING NEWS

SPECIAL FOCUS BC, YUKON & NWT

THE NORTHERN MINER / JANUARY 18—31, 2021

www.benchmarkmetals.com

O T H PAT N O I T C U D O PR

K R A M H C N BE METALS

BENCHMARK METALS TOUTS 2020 DRILLING PROGRESS AHEAD OF MINERAL RESOURCE ESTIMATE, PRELIMINARY ECONOMIC STUDY Benchmark Metals Inc. is a Canadian mineral exploration company focused on proving and developing the substantial resource potential of the Lawyer’s Gold-Silver Project, located in the prolific Golden Horseshoe of northern British Columbia, Canada. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production. > New drill results will continue to be released as they become available through to February 2021; > Mineral Resource Estimate in Q1 2021; > Preliminary Economic Assessment in Q2 2021; > Ongoing studies related to Feasibility Study in 2022 and;, and; > 2021 work program – planning for the largest drilling program in the projects history.

TSX-V: BNCH | OTCQX: BNCHF | WKN: A2JM2X

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SPECIAL FOCUS BC, YUKON & NWT

JANUARY 18—31, 2021 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

EXPLORATION SNAPSHOT:

EIGHT COMPANIES ACTIVE IN BC, NWT AND THE YUKON

BY MAGDA GARDNER mgardner@canadianminingjournal.com

With a strong outlook for the mining sector and few recent discoveries, companies are turning to lowrisk under-explored frontiers in their search for new deposits and future mines. Below, we present eight companies focused on B.C., the Yukon and the Northwest Territories. n ASCOT RESOURCES Ascot Resources (TSX: AOT; USOTC: AOTVF) is focused on restarting the Premier gold project in B.C.’s Golden Triangle, 25 km from Stewart. The 25,000-hectare site includes four deposits. Ascot also holds the Red Mountain project, 23 km to the southwest, with an underground deposit.

A feasibility study from April 2020 on a development of both the Premier and Red Mountain projects suggests four underground mines across the two sites. The study outlined a restart of the Premier mill at 2,500 tonnes per day, to support an eight-year mining

operation producing an average of 132,375 oz. of gold and 370,500 oz. of silver annually at all-in sustaining costs of US$769 per ounce.

With an initial capital cost estimate of $146.6 million, the net present value for the project, at a 5% discount rate, stands at $341

Developing one of the largest undeveloped precious & polymetallic deposits in BC · Fully funded for 2021 with

~16,000 metres planned drilling, including from surface and existing 3km of underground workings

· Exceptional opportunity to

expand current ~2M oz AuEq resources | Multiple targets based on 80% of undrilled mineralized zones over more than 8 km of strike length

· Current Preliminary

Economic Assessment shows a NPV of $424 million and 29.5% IRR (after tax and with 5% discount), with 2.6 year payback

· Unique geology in southern

BC with year-round road access, full service office and camp facilities

www.rokmaster.com TSX-V: RKR OTCQB: RKMSF FSE: 1RR1

million with a 51% internal rate of return.

In December, Ascot closed a US$105 million project financing package with Sprott Private Resource Lending and Beedie Investments for development of Premier and to repay existing outstanding convertible notes. The package included a US$80 million senior credit facility and a US$25 million subordinated convertible facility.

In October, the company signed an agreement for the delivery of semi-autogenous and ball mills to the site, which are required to refurbish the concentrator to restart Premier. The deliveries are expected around mid-2021.

In June, the company started a 15,000-metre exploration program at Premier and Red Mountain. By September, Ascot announced the discovery of a new, high-grade zone of gold mineralization, the Day zone, at Premier, 5 km north of the mill.

Measured and indicated resources across Premier and Red Mountain total 7.3 million tonnes grading 7.85 grams gold per tonne and 29 grams silver per tonne for a total of 1.8 million oz. of gold and 6.8 million oz. of silver. Additional inferred resources across the two sites stand at 5.5 million tonnes at 7.11 grams gold and 27.1 grams silver, for a further 1.3 million gold oz. and 4.8 million oz. of silver.

The Premier mine produced 2 million oz. of gold and 45 million oz. of silver between 1918 and 1952.

Ascot Resources has a $411.6 million market capitalization. n BANYAN GOLD Banyan Gold (TSXV: BYN) holds the AurMac and Hyland gold projects in the Yukon.

At 156-sq.-km, AurMac lies in the Mayo mining district in central Yukon, 356 km north of Whitehorse. This property is 40 km from Victoria Gold’s (TSX: VGCX) Eagle gold mine and adjacent to Alexco Resource’s (TSX: AXU; NYSE: AXU) Keno Hill Silver District project.

In May 2020, Banyan tabled an initial inferred pit-constrained resource for AurMac, contained within the Airstrip and Powerline deposits.

Drill rig and helicopter support at Nickel Creek’s Shaw project in the Yukon.

NICKEL CREEK PLATINUM

The inferred resources total 52.6 million tonnes grading 0.54 gram gold per tonne for 903,945 gold ounces. Airstrip is the bigger of the two, host to 46 million tonnes at 0.52 gram gold per tonne.

In September, Banyan announced that it had staked an additional 401 claims adjacent to AurMac, which expanded the property by 64 sq. km. At the same time, the company also staked a land package 5 km west of AurMac — the 117 sq. km Nitra property.

Later that month, Banyan reported diamond drill results from Airstrip. Highlights included 47.7 metres of 1.02 grams gold from 84.8 metres; 16.5 metres of 0.53 gram gold starting at surface; and 12 metres of 0.55 gram gold starting at 29 metres. According to Tara Christie, the company’s president and CEO, these results demonstrate the continuity of the Airstrip deposit and add 200 metres of strike to the mineralization.

By mid-November, the company announced diamond drill results for the Powerline zone at AurMac. Notable intercepts included 128.5 metres of 0.72 gram gold from 82 metres and 29.8 metres of 0.8 gram gold starting at 29.8 metres.

Christie noted that this drilling has added over 500 metres of mineralized footprint south of the deposit.

AurMac also features the 10.2sq.-km Aurex Hill zone, which is a gold and arsenic soil anomaly.

The 186.2-sq.-km Hyland project in southeast Yukon, 74 km northeast of Watson Lake, also includes a gold deposit. Indicated resources within the Main zone at Hyland stand at 8.6 million tonnes grading 0.78 gram gold and 7.04 grams silver for a total of 236,000 gold-equivalent ounces. Inferred resources add 10.8 million tonnes at 0.77 gram gold and 5.32 grams silver, for a further 288,000 goldequivalent ounces. The deposit remains open; column leach tests suggest average oxide gold recoveries of 86%.

See SNAPSHOT / 13

SPECIAL FOCUS BC, YUKON & NWT

GLOBAL MINING NEWS

Ascot’s Red Mountain project, located within the Nisga’a Nation’s traditional territory in B.C. ASCOT RESOURCES

gical test results from the three resource target areas. Combined gravity and leach testing from all three suggests recoveries in the range of 91% to 97% for gold and 59% to 92% for silver. Flotation testing with gravity pre-treatment indicates recovery ranges of 85% to 98% for gold and 39% to 97% for silver.

The 2021 Lawyers exploration program, with a budget of $2530 million, will be focused on advancing the project to the feasibility stage.

Benchmark Metals has a $186.5million market capitalization. n NEW GOLD New Gold (TSX: NGD; NYSE-AM: NGD) is a gold and copper producer with two mines — Rainy River and New Afton — in Ontario and British Columbia.

The company’s wholly owned Rainy River open pit mine, 65 km northwest of Fort Frances in Ontario, has been operating since 2017. The company’s revised 2020 production guidance from this asset was at 225,000 to 235,000 gold-equivalent oz. at allin sustaining costs of US$1,610 to US$1,690 per oz., with 164,960 oz. generated in the first nine months of the year at AISCs of US$1,592 per ounce.

Based on a life-of-mine plan update published for its two producing assets in February 2020, New Gold expects to see open pit operations continue at Rainy River through to 2024, with an under-

Soil sampling at one of Talisker’s sites in B.C.

TALISKER RESOURCES

Banyan Gold has a $40.5 million market capitalization.

zones. Additional exploration areas include LaLa and Gifford’s Edge.

The recent exploration efforts are expected to result in an updated resource estimate for the property, expected in the first quarter of 2021, and a preliminary economic study, scheduled for release in the second quarter.

Notable intercepts from 2020 included 128.1 metres of 3.02 grams gold-equivalent per tonne (1.65 grams gold per tonne and 110.02 grams silver per tonne) and 221.5 metres of 1.01 grams gold-equivalent (0.82 gram gold and 15.16 grams silver), reported from the Cliff Creek zone in November; as well as 4.3 metres of 33.52 grams gold-equivalent (22.57 grams gold and 1,036.07 grams silver) reported in December from the northern portion of Cliff Creek.

In August, Benchmark announced that it had discovered a new zone within the 6-sq.-km Marmot area at Lawyers. The 2-km by 3-km area returned rock sample assays that included 109.9 grams gold-equivalent (1.3 grams gold and 3,890 grams silver) and 58.5 grams gold-equivalent (25.9 grams gold and 2,610 grams silver).

Also in August, the company announced preliminary metallur-

n BENCHMARK METALS Benchmark Metals (TSXV: BNCH; US-OTC:BNCHF) holds the 140-sq.-km Lawyers gold-silver project in northwestern B.C.’s Golden Triangle. The company’s geological model for the site is of a low-sulphidation epithermal system with two styles of mineralization: breccias with mineralized veins and quartz veins containing semi-massive sulphides.

Benchmark’s 2020 exploration program, which included over 87,000 metres of drilling, focused on three zones with near-surface gold-silver mineralization. These are the Cliff Creek zone, extending over 1.2 km of strike, the Dukes Ridge-Phoenix zone, extending over 1 km, and the AGB area, with over 600 metres of strike. Mineralization at Cliff Creek has been traced down to a vertical depth of 550 metres, over 200 vertical meters at Dukes Ridge-Phoenix and across 270 vertical metres at AGB. In its exploration pipeline, Benchmark has two “advanced discovery targets” — Marmot and Silver Pond. In 2020, the company completed initial drilling at both

THE NORTHERN MINER / JANUARY 18—31, 2021

ground operation online from 2022 through to 2028. This scenario would generate an average of 289,000 gold oz. annually at AISCs of US$967 per ounce.

In British Columbia, New Gold’s 16,000 tonne per day New Afton block cave mine is 10 km west of Kamloops and has a mine life reaching out to 2030. The 2020 guidance for this asset was most recently at 190,000 to 220,000 goldequivalent oz. (62,000 to 72,000 gold oz. and 65-75 million lb. of copper) at AISCs of US$1,080 to US$1,160 per gold-equivalent ounce. In the first nine months of 2020, the site churned out 152,090 gold-equivalent oz. at AISCs of US$971 per ounce. Based on last year’s mine plan updates, the bulk operation is expected to generate an average of 260,000 gold-equivalent oz. annually over the coming years at AISCs of US$681 per gold-equivalent ounce.

In March, the company closed a US$300 million partnership with the Ontario Teacher’s Pension Plan, with the pension plan acquiring a 46% free cash flow interest in New Afton in exchange for a one-time upfront cash payment.

In August 2020, New Gold closed the sale of the Blackwater gold project in B.C., to Artemis Gold (TSXV: ARTG) for $190 million in cash.

New Gold has a $2 billion market capitalization. n NICKEL CREEK PLATINUM Nickel Creek Platinum (TSX: NCP) wholly owns the Nickel Shaw nickel-copper sulphide and platinum group metal (PGM) project in the Yukon.

The road-accessible site includes

13

the open-pittable Wellgreen deposit, host to measured and indicated resources of 323.4 million tonnes grading 0.26% nickel, 0.16% copper, 0.015% cobalt, 0.253 gram platinum per tonne, 0.255 gram palladium per tonne and 0.046 gram gold per tonne. Additional inferred resources stand at 108.1 million tonnes of 0.29% nickel, 0.15% copper, 0.016% cobalt, 0.256 gram platinum, 0.279 gram palladium and 0.04 gram gold.

In 2018, the company provided the results of a second-phase metallurgical program, which was successful at separating bulk coppernickel concentrate into separate saleable nickel and copper concentrates. The copper concentrate, at 18% copper, also included 1.1% nickel and 4.7 grams PGMs (platinum, palladium and gold), while the nickel concentrate, grading 6.7% nickel, contained 1.3% copper and 8.4 grams PGMs. In addition to the existing resource, there are multiple additional target areas within the 146-sq.-km property. In December, Nickel Creek Platinum announced the results of its 2020 geophysics and drilling program completed along an 18-km long mineralized trend that identified 42 conductive anomalies, 11 of which could potentially be massive nickel sulphide units.

In October, the company named engineer Stuart Harshaw as president and CEO and appointed Harshaw to the board. Harshaw has over 30 years of experience with nickel product production and marketing and, until 2017, served as VP of marketing and operations See SNAPSHOT / 14

14

JANUARY 18—31, 2021 / THE NORTHERN MINER

SPECIAL FOCUS BC, YUKON & NWT

WWW.NORTHERNMINER.COM

SNAPSHOT From 13

for Asia Pacific and VP of the Ontario operations with Vale (NYSE: VALE).

Nickel Creek Platinum has a $44.6 million market capitalization. n TALISKER RESOURCES Talisker Resources (TSX: TSE; US-OTC: TSKFF) holds over 2,976 sq. km of ground in southern British Columbia across the Bralorne, Spences Bridge and Remington gold projects.

Past-producing Bralorne, the company’s flagship project, is known as one of the highest-grade and longest-producing mines in B.C. Three historic mines at the site — Bralorne, Pioneer and King — generated 7.3 million tonnes of material grading 17.7 grams gold per tonne, for a total output of 4.2 million gold ounces.

There are 63 known veins at Bralorne – of these 30 were mined previously and 29 veins were extracted to a maximum depth of 900 metres. The veins are approximately 50 cm to 2 metres wide.

When we can’t be there, we can assess your samples remotely.

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The plant at Ascot’s Premier gold mine in B.C.

While historical mining focused only on high-grade quartz veins, drilling has hit lower-grade vein salvage material (ranging between 0.5 gram gold and 2.5 grams gold), which, when extracted together, could increase the overall vein width.

Talisker notes that the Bralorne veins feature “world-class continuity” — many continue for over 900 vertical metres and are, on average, 90 cm wide.

In November, Talisker reported drill results from seven vein targets at Bralorne, which confirm their continuity and hit two additional zones of mineralization (Charlotte and Knight). Drill highlights included 2.25 metres of 227.55 grams

ASCOT RESOURCES

gold; 60 cm of 12.75 grams gold; and 60 cm of 62.7 grams gold.

Results from Charlotte suggest an extensive near-surface gold zone with drill highlights of 5.1 metres of 1.37 grams gold and 3.1 metres of 3.73 grams gold.

According to Terry Harbort, Talisker’s president and CEO, these results “highlight the high-grade nature of the Bralorne gold project and continue to confirm our geological model, the accuracy of our targeting system and the extensive structural continuity of the veins.”

The Bralorne project includes an existing near-surface resource of 663,600 tonnes at 9.4 grams gold, totalling 174,400 ounces.

In October, the explorer also provided an update on its greenfield exploration efforts at the Spences Bridge, Remington and Golden Hornet projects, which cover 2,406 sq. km. In 2020, geologists completed an extensive geochemical program as well as mapping at these sites. This generated 13 prospects at Spences Bridge and led to the discovery of epithermalstyle quartz veins at two prospects within Spences Bridge.

Talisker has an $8 million, 15,000-metre drill program planned for 2021.

The company has a $77.7 million market capitalization. n TUDOR GOLD Tudor Gold’s (TSXV: TUD) key asset is a 60% stake in the 179-sq.km Treaty Creek project in B.C.’s Golden Triangle. The site borders Seabridge Gold’s (TSX: SEA, NYSE: SA) KSM property to the southwest and Pretium Resources’ (TSX: PVG; NYSE: PVG) Brucejack mine to the southeast.

In May, a 20,000 metre drill program started at the site (increased to 40,000 metres in July), focused on the Goldstorm zone.

Goldstorm is one of several mineralized target areas on the property and, along with the Copper Belle zone, is one of two advanced drill targets.

The Goldstorm system has been traced over 1,100 metres along the northeast axis and for at least 600 metres across the southeast axis; and the system remains open.

Goldstorm includes three separate mineralized horizons — the 300 Horizon, traced over 1,100 me-

CANADIAN PRODUCER FOCUSED ON RESPONSIBLE AND PROFITABLE MINING T: 416 324-6000 E: info@newgold.com

www.newgold.com TSX: NGD NYSE: NGD

Benchmark Metals CEO John Williamson (middle) viewing drill core at the Lawyers project in B.C. BENCHMARK METALS

tres; CS-600, defined along 1,000 metres; and DS-5, traced for 300 metres.

Copper Belle has been defined over an area of 650 metres by 300 metres.

Goldstorm and Copper Belle are hosted by the same belt of rocks that host the KSM deposit mineralization and lie nearby the Sulphurets Thrust fault, which runs from the KSM property, and, according to Tudor, appears to be a “controlling factor in the formation of the porphyry-style mineral bodies.”

Notable intercepts from the company’s January 2021 release included 1,033.5 metres of 0.76 gram gold, 4.66 grams silver and 0.03% copper (0.86 gram goldequivalent) from 60 metres and 531 metres of 0.94 gram gold, 1.96 grams silver and 0.02% copper (1 gram gold-equivalent) starting at 90 metres.

Highlights from 2020 drilling at Goldstorm reported in December included 354 metres of 1.12 grams gold, 4.14 grams silver and 0.03% copper (1.22 grams goldequivalent) from 36 metres, within a 1,225-metre interval of 0.7 gram gold-equivalent; and 351 metres of 0.97 gram gold, 3.56 grams silver and 0.03% copper (1.05 grams gold-equivalent) starting at 113 metres, within a 928.5-metre interval of 0.74 gram gold-equivalent.

According to Walter Storm, the company’s president and CEO, results from the 2020 drill program will be used to derive an initial resource for the property, with additional drilling planned for 2021 to “locate the limits or edges of the mineralized system.” Tudor expects to complete this initial resource over the coming months.

American Creek Resources.

(TSXV: AMK) and Teuton Resources (TSXV: TUO) each hold a 20% interest in Treaty Creek, carried through to a production decision.

Tudor Gold has a $444.3 million market capitalization. n WHITE GOLD White Gold (TSXV: WGO; USOTC: WHGOF) holds over 4,220 sq. km of ground within 33 properties in Yukon’s White Gold district, 95 km south of Dawson City.

The explorer holds over 40% of the

White Gold district and is the largest landholder in this area.

Existing resources include the Golden Saddle and Arc deposits within the White Gold property, with total open pit indicated resources of 15.4 million tonnes at 2.26 grams gold per tonne, containing 1.1 million gold ounces.

Open pit inferred resources across the two deposits stand at 8.7 million tonnes grading 1.28 grams gold, for a further 356,800 ounces.

Golden Saddle also includes an underground deposit.

The Comstock property, contiguous with the White Gold property, hosts the VG zone deposit, with inferred resources of 4.4 million tonnes at 1.65 grams gold totalling 230,000 ounces.

In October, White Gold announced trench, probe and soil sample results from its JP Ross property and these identified additional gold mineralization at multiple targets. Trenches completed within the Stage Fright target returned a 2.5-metre interval grading 8.88 grams gold as well as two 2.5-metre mineralized zones grading 1.06 grams gold and 1.83 grams gold. Five of seven trenches completed at the Sabotage target returned gold mineralization, while trenching at the North Frenzy area traced a mineralized quartz vein breccia over 600 metres of strike.

According to David D’Onofrio, White Gold’s CEO, there are at least 14 gold targets at JP Ross, within an area of 14 km by 11 km.

Also in October, the junior released diamond drill results from the Ryan’s Surprise target, with drill highlights such as 3.5 metres of 17.4 grams gold and 12.3 metres of 8.69 grams gold. The Ryan’s target, with mineralization traced over an area of 250 metres by 130 metres and down to a depth of 300 metres, is 2 km west of Golden Saddle and sits within an 11 km by 5 km mineralized trend.

In June 2020, the company closed a $6-million private placement financing led by Eric Sprott.

Kinross Gold (TSX: KGC; NYSE: K) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) maintained their respective 17.1% interests in the company.

White Gold has a $106.8 million market capitalization. TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / JANUARY 18—31, 2021

YUKON From 9

receiving hinged on the uncertainty that’s created when piecemeal landuse planning is being done, or adhoc policies are being developed without that comprehensive, bigpicture look at how overall land use will occur,” Alatini said.

Prospectors whose claims have become stranded due to land-use planning should be compensated for that loss, the panel added. “If you have a block of claims and [the government says] the area’s protected, your claims are worthless,” said Carl Schulze, secretary treasurer of the Yukon Prospectors Association. “[The compensation recommendation] is a pretty strong positive.”

To ensure the territory benefits financially from mining, the panel said the government should revamp royalty rates. According to the report, the government received, on average, less than $100,000 per year in combined placer and quartz royalties in the last 10 years. In contrast, the value of mineral production in that time averaged about $335.40 million annually — meaning the Yukon government collected a scant 0.03% of the value of mineral production. First Nations with modern treaties are entitled to collect a share of those royalties, but would have received a “negligible” amount given the current model, the panel wrote.

Alatini said the panel knew increasing royalties would be “a little controversial,” but it came up in almost every interview they conducted. “It wasn’t in balance with the value of the minerals that were being extracted, so Yukoners were not seeing the benefit from the volume of extraction,” she said. “So we looked at how could we bring it

Kluane National Park and Reserve in southwestern Yukon. YANNICK KLEIN/ISTOCK

to a level that is in line with current values [and acknowledges that] once the minerals are extracted, there’s no opportunity to put them back.”

Simply raising royalties is not enough, the panel said, and should be balanced with multiple measures to create “substantive and sustained Yukon socio-economic returns from resource development.” It recommended introducing a First Nations Resource Charge, which would involve a set of pre-specified charges like water use or land rental fees, and a Yukon payroll tax that would apply to all non-resident workers.

It also suggested an industrial water tax, similar to the approach recently adopted in British Columbia, which could be adjusted according to water quality at producing placer mines, encouraging sustainable water use.

“It’s something that’s being done in other jurisdictions to realize the effect that extractive industries are having on waterways, and it’s an opportunity to have some sort of recognition and compensation for that use,” Alatini said.

While Shulze felt “mixed” about the proposed increases to royalties,

he said he appreciated the recommendation to introduce a profitbased placer gold royalty, where nonprofitable operations would continue to pay essentially no royalties.

On the exploration side, the panel proposed reforms to Yukon’s freeentry staking system, to include prohibitions on certain lands without the written consent of the specific First Nation, landowner or municipality, and suggested prospectors no longer be required to give notice on “low impact, non-mechanized” exploration activities.

It attempted to encourage claim owners to explore more quickly, by recommending an increase to annual assessment work requirements for all claims and a doubling of escalated payments-in-lieu for claim assessment costs. It also proposed automatically converting claims to mineral leases — which are subject to significant annual advanced royalty payments — 30 years after staking. TNM — Kelsey Rolfe is a freelance journalist based in Toronto. She has written about the mining sector for more than five years and was previously a section editor at CIM Magazine in Montreal.

GOLD, COPPER, COBALT

EXPLORATION IN THE YUKON AND MARITIMES

INTERVIEW From 9

Or if it is not, they are able to work through what the right protocols are to ensure safety of residents and ensure safety of their own employees.

Beyond that, the challenges that we face are the same challenges that we would have faced with or without the pandemic: continuing to work to improve our regulatory sector and make it ever more stable and predictable; and then also continuing to work to develop our infrastructure, to make the cost of doing business in the north all the more affordable.

TNM: How can the NWT differentiate

itself from other parts of the country when it comes to the mining sector?

CW: I think we have a few areas where we are easily and very beneficially different from the rest of the country.

We [are] right now Covid-free, in terms of active cases, which in the short term may well be a very significant factor for us.

But more importantly from the mineral resource perspective, and I’m thinking more long term, we have such a wealth of geology up here. People know about diamonds, obviously, and we have a history in gold. But we also have a strong sector in zinc, lead, and a tremendous amount of potential in some of the critical minerals, especially rare earths.

One thing we’ve been hearing, and I’ve certainly been hearing, over the last many months is around green technology and emerging industries.

And a lot of those rely on critical minerals and rare earths, which we do have here. So, the geology itself has tremendous potential and is one that is, in some cases, only beginning to be explored.

A second one I want to mention is the stable structure of relationships that we have up here. If companies come up, work with pathfinders that we have available, I think they will see that is a place where they can have very positive relationships with the communities that they may be engaging. The relationships that we have here, with our Indigenous governments and with community governments, sets a high standard of how to do this.

TNM : How important is it for the NWT to foster international relationships?

CW: International relationships are very important. With the exploration level that we’re looking for, there’s a lot of companies across Canada

15

that do that kind of work and it’s important for us to engage with them.

But as mines move forward from exploration to advanced exploration to, ultimately, large-scale development, that takes significant investment, of the kind that may well involve multinational level companies.

So, making ourselves available to those kinds of investors and those kinds of companies, is important, particularly in the critical minerals sector, which has a lot of geopolitical importance. I think that’s part of the strategy that we have to not only grow the sector short term, but also [attract] long-term investment in our resource sector.

TNM: What about your relationships

with other territories, provinces and the federal government?

CW: That is also an important part of how we grow our sector, and I’ll give you a couple of examples.

I’ve only been in this role [ITI minister] for a few months, but I’ve already had more than one opportunity to speak with my territorial counterparts. And we all can see the challenges that we have in the north, particularly around infrastructure and the costs of developing and bringing a mine to production, are not dissimilar between the three [territories].

So, it gives us an opportunity to look for best practices across the three territories and also then to go to Ottawa, which from our governments’ perspectives certainly has more access to bigger funding than what the territories themselves alone would. So, we can all go to Ottawa and say, “What can we do collectively?”

There is a real recognition that there is tremendous potential in the north that would be beneficial not only to the territories, but also to Canada.

I think there’s also a healthy recognition that while we may be the source of, say, zinc, lead, rare earths, etc., we’re not likely going to be at a point in the near future where we’re doing the full-scale production.

We’re not necessarily going to be the jurisdiction, at least in the short-term, that has the production facilities here. But my colleagues in the provinces immediately to the south of me may well be in that position. And therefore it starts to become a real national opportunity for us to be working together. TNM (This interview has been edited and condensed)

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Argonaut executes fixed bid contract for Magino gold project ONTARIO

| First gold pour planned for 2023

BY CANADIAN MINING JOURNAL STAFF

A

rgonaut Gold (TSX: AR; USOTC: ARNGF) has executed a fixed bid engineering, procurement, construction and commissioning contract (EPC contract) with Ausenco, an engineering and construction management company.

The EPC contract covers construction of the Magino processing facility and other parts of the Magino open-pit pre-development project in Ontario and covers approximately 40% of the $480-$510 million initial capital cost estimate for the 10,000 tonne per day project.

“We are excited for Magino to be one of the first projects entering construction in the current gold price environment, as we feel first mover advantage is critical when securing a construction team of the highest quality and with a superior track record,” Pete Dougherty, Argonaut’s president and CEO, said in a news release.

Dougherty added that Argonaut “recently posted the first phase of financial assurance with the province of Ontario and expects the Magino project Closure Plan will be filed by the province of Ontario in January 2021, which will allow for construction to commence.”

In October, the company’s board

M & A From 10

but also one of the world’s largest copper projects.

“If you look at KSM now in the aggregate, we now host 76 million ounces of gold and 17 billion pounds of copper, in the measured and indicated categories, plus an additional 66 million ounces of gold and 33 billion pounds of copper in the inferred categories.”

According to Fronk, Seabridge has had its eye on Snowfield for over twelve years, but it was only in June of last year that things began to really coalesce between the two companies, culminating in the December acquisition agreement.

“The stars finally lined up,” said Fronk. “I really believe that on this transaction it was a true win-win deal. Pretium got to pay down US$100 million in debt, and we get another cornerstone to KSM that just makes the project that much more attractive.”

Seabridge has already started on a prefeasibility study to bring Snowfield into their KSM mine plan and intends to do additional drilling at the site this year seeking geotechnical information related to the open pit concept.

“What the new study is going to be focusing on is open pit mining,” he said. “We believe that with Snowfield now we can show a project that’ll have more than 25 years upfront of open pit mining, at a strip ratio of less than one to one. And that should be able to produce, on average, better than a million ounces of gold per year, before you even have to start looking at the block caves.”

Fronk believes that this new mine plan will bring a “decent number of ounces from Snowfield into reserves, while improving the project’s economics, in terms of payback periods, internal rates of returns and net present values.”

A key aspect of the deal was Seabridge’s ability to fund the acquisition by closing an early-December agreement with Cantor Fitzgerald

An aerial view of the Magino property.

ARGONAUT GOLD

Left: An outcrop at Argonaut Gold’s Magino project in Ontario. ARGONAUT GOLD Far right: President & CEO, Pete Dougherty in the Magino core shack.

ARGONAUT GOLD

approved the construction of Magino, with an anticipated two-year construction period and a first gold pour envisioned for the first half of 2023. At the time, the producer

Canada as lead underwriter and sole book-runner, to purchase 6.1 million common shares of the company at US$17.25 per share. The bought deal financing raised a total of US$115.7 million.

“Before they were willing to sign the deal, Pretium wanted certainty that we would be able to write them the cheque — US$100 million upfront from Seabridge, that’s a lot of money,” Fronk related. “They wanted to make sure we would actually be able to pay them that. And I think what is really gratifying to us is that if you look at the makeup of that financing, probably well over US$70 million of the financing was taken down by existing shareholders of Seabridge.”

For Seabridge, which Fronk cofounded in 1999, the addition of this new asset represents another step in a corporate strategy to grow the company’s projects in B.C., the Yukon, the Northwest Territories and Nevada, and advance projects that can then be taken on by a major.

“We’ve made it very clear from day one that this [KSM] is a project that is well beyond our capabilities to build,” he said. “So what we’ve been doing is getting the project ready for a hand-off to a major mining company. And the addition of Snowfield will definitely help our chances in getting a deal done that we can say yes to.”

Fronk also believes that mergers and acquisitions are definitely going to pick up again in the gold sector.

“I think if you look at the gold industry as a whole, there’s only about ten years of reserves left in the mining space on the gold side.

The big companies need to start focussing on what comes next for them, because they don’t have those projects internally. Big companies need new assets.”

At press time, Seabridge was trading at $26.96 per share within a 52-week range of $7.37 and $29.00.

The company has a market cap of $2 billion and 74 million common shares outstanding. TNM

also announced US$175 million in debt financing for the project.

A 2017 feasibility study for Magino outlined a 17-year mine, producing an average of 150,000 oz. of gold in the first five years of operation at all-in sustaining costs of US$711 per ounce.

Argonaut also announced that it has amended the agreement for the sale of the Ana Paula gold project in Mexico, which was originally announced on Sept. 11. The sale of this asset to AP Mining has been amended to allow for additional time to meet the regulatory and government approvals required

for closing. The buyer has agreed to pay an additional US$1 million at 15 months from closing and to reimburse Argonaut for all costs incurred in connection with this asset between Jan. 1 and the closing date, which is expected in the first quarter of this year. The original purchase agreement called for US$30 million at closing with an additional US$10 million at the start of construction, in addition to a 1% NSR and 9.9% of the common shares of the acquiring company. TNM

FINANCING From 10

It also gives the company greater flexibility because it can draw and repay the revolving credit facility as needed, and also offers “more latitude with respect to permitted distributions including investments, share buybacks and dividends.”

McConnell pointed out that prior to repaying the project facilities, Victoria Gold had paid over US$54 million in principal and interest against the original project construction facilities, and said the company expects to generate enough free cash flow to continue to pay down “material amounts” of debt during calendar 2021.

The company says the term facility will be repaid in 12 equal quarterly installments starting at the end of the first quarter of this year. Any outstanding amounts on the revolving credit facility will repayable as a bullet on the maturity date, which is extendable, and any unused portion is subject to customary commitment fees. The loan facility matures in December 2023.

The company has also reported production results of 77,748 oz. gold for the first six months of commercial production (July-December), above its guidance of 72,000-77,000 ounces. Fourth quarter production totalled 42,174 ounces. Ore placement on the heap leach pad increased by more than 20% quarter over quarter, including more than 1 million tonnes of mineralized material on the pad in December.

“We stumbled a bit in the third quarter, we had some production problems, and certainly we have got more work to do on our plant, but I think the turnaround is there and we’ll continue to improve over the coming quarters,” he said.

In other recent news, the company was added to the VanEck Vectors Junior Gold Miners ETF (GDXJ) in mid-December. “We finally met all their criteria,” McConnell said. “Part of the reasoning for having Orion do a secondary offering of Victo-

Victoria Gold’s Eagle gold mine in the Yukon.

VICTORIA GOLD CORP.

ria’s stock in the fall was to reduce their ownership from about 40% to below 40%, which is not a hard and fast rule of the index funds, but they don’t like to see a shareholder over 40%.”

On the exploration front, Victoria Gold released more results last month from its 555 sq. km Dublin Gulch property, which hosts the Eagle and Olive gold deposits. (The Eagle and Olive deposits have proven and probable reserves of 155 million tonnes grading 0.65 gram gold per tonne for 3.3 million ounces.)

They were the first exploration results from the company’s Lynx target, one of several areas of interest along the Potato Hills Trend, which hosts a mineralized corridor within the greater Dublin Gulch gold camp.

The results included four diamond drill holes (590 metres) and six trenches (720 metres) and the collection of more than 1,600 grid based soil geochemical samples.

Highlights from the drilling at Lynx were 0.49 gram gold per tonne over 153.8 metres from surface in drillhole LX20-021C, including 6.14 grams gold per tonne over 8.4 metres from 23.3 metres; and 11.9 metres grading 1.26 grams gold from surface in drillhole LX20-022C, including a 13.5 metre intercept of 1.12 grams gold starting from 141.3

metres downhole.

Results from trenches included 4.65 grams gold over 32 metres and 1.35 grams gold over 80 metres in TRLX20-5; 3.33 grams gold over 16 metres in TRLX20-4; and 1.62 grams gold over 46 metres in TRLX20-1.

The Lynx target has similar characteristics to the company’s Raven target, about 5 km away. The two targets are about 15 km from the Eagle mine.

“It’s fairly early days on Lynx but there was a previous operator who had done some exploration there and during the winter last year we mined the data and concluded they were exploring it all wrong and so we went back and did a limited amount of trenching and drilling, and now we think we understand it way better and will be back out there in the summer.”

McConnell forecasts the company will drill a total of between 10,000 and 15,000 metres this year. Raven is the company’s number one exploration target.

Victoria Gold has a market cap of about $801 million. It has roughly 62 million common shares outstanding and at press time was trading at $12.90 per share. Over the last year the company has traded in a range of $4.02 and $21.04 per share. TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / JANUARY 18—31, 2021

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M A R K E T N EWS TORONTO STOCK EXCHANGE / JANUARY 4 – 8 The S&P/TSX Composite Index rose 3.37% to 18,042.07 during the Jan. 4-8 trading week.

The S&P/TSX Global Mining Index climbed 7.22% to 109.70, and the S&P/TSX Global Base Metals Index jumped 10.23% to 156.09.

Spot gold dropped US$48 per oz., or 2.53%, to US$1,850 per oz., and the S&P/TSX Global Gold Index rose by 1.8% to 321.10.

Teck Resources advanced $1.76 to $24.86 per share. The company signed a joint management agreement with B.C.’s Ktunaxa Nation for more than 7,000 hectares of land Teck purchased for conservation in 2013.

Under the agreement, the Ktunaxa Nation and Teck agreed to jointly manage the land for conservation purposes protecting significant fish and wildlife habitat. The agreement will also support the Ktunaxa Nation Stewardship Principles and Teck’s goal to achieve a net positive impact on biodiversity in the areas where it operates. Teck and the Ktunaxa Nation said they would begin implementing the agreement this month, including developing conservation management plans with input from communities and other stakeholders.

Shares of Eldorado Gold dropped by 20¢ to $16.87 per share. The company reported production results for 2020 of 528,874 oz. gold,

a 34% increase over 2019, despite restrictions imposed by the Covid-19 pandemic that forced it to temporarily halt its Lamaque mine in Quebec. Production last year was in line with the Canadian miner’s guidance of between 520,000 and 550,000 oz. of gold, largely due to Lamaque, which exceeded guidance. The mine yielded 138,220 oz. gold in the fourth quarter of 2020 alone, a 16% increase from the same period the previous year. The strong performance at Lamaque was partially offset by lower labour availability impacting leach pad flow rates at the Kisladag mine in Turkey during the second quarter. Production was also hit last year by an output drop at its Efemcukuru underground mine, also in Turkey, and at its Olympias gold-silver-lead-zinc mine in TSX MOST ACTIVE ISSUES VOLUME (000s) HIGH

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38254 38061 26358 26123 21820 20512 19436 15946 13293 12348

0.22 24.10 10.37 31.85 7.67 0.25 7.85 3.05 26.72 12.47

WEEK LOW CLOSE CHANGE

0.15 21.12 9.24 29.97 6.76 0.19 6.88 2.66 23.55 11.50

0.21 23.49 9.39 30.44 6.88 0.24 7.03 2.72 26.26 11.87

+ + + + + + +

0.07 2.14 0.05 1.44 0.25 0.04 0.24 0.08 3.41 0.57

northern Greece.

SilverCrest Metals fell by 47¢ to $13.72 per share. The company announced that it had entered into a $120 million credit agreement with an affiliate of RK Mine Finance. The money will fund the construction of SilverCrest’s flagship Las Chispas silver-gold project in Sonora, Mexico. The $120-million, four-year project finance facility carries a total cost of capital estimated at 10% and does not require

hedging, offtakes, or production-linked payments. At the same time, SilverCrest entered into a fixed price, $76.5 million engineering, procurement, and construction contract with Ausenco for the construction of a 1,250 tonneper-day process plant at Las Chispas. Ausenco’s work is scheduled to start in February. Plant start-up is planned for the second quarter of 2022, with production ramp-up beginning in the third quarter of 2022. TNM TSX GREATEST VALUE CHANGE

TSX GREATEST PERCENTAGE CHANGE VOLUME (000s) HIGH

Lithium Amer Candente Coppr Sherritt Intl Nevada Copper St Augustine TMAC Resources Verde Potash Copper Mtn Mng SRHI Inc Scandium Intl Orosur Mng Aquila Res Moneta Porcpn NextSource Mat Eastern Platin Silver Eleph Black Iron Canagold Res Orea Mining Calibre Mng

LAC DNT S NCU SAU TMR NPK CMMC SRHI SCY OMI AQA ME NEXT ELR ELEF BKI CCM OREA CXB

VOLUME (000s)

WEEK LOW CLOSE CHANGE

7301 25.30 16.00 6574 0.27 0.15 11025 0.60 0.41 38254 0.22 0.15 9967 0.20 0.12 5014 2.20 1.54 582 1.34 0.83 6287 2.42 1.83 305 0.47 0.29 1888 0.28 0.22 298 0.50 0.38 1663 0.14 0.10 5252 0.39 0.27 6102 0.10 0.07 656 0.44 0.35 6403 0.54 0.42 5438 0.35 0.21 630 0.86 0.66 3412 0.20 0.17 1818 2.61 2.16

24.48 0.24 0.60 0.21 0.17 2.18 1.16 2.36 0.38 0.28 0.38 0.11 0.31 0.08 0.35 0.43 0.30 0.68 0.17 2.20

+ + + + + + + + + + -

53.2 51.6 46.3 44.8 43.5 43.4 39.8 30.4 29.3 27.9 20.8 19.2 17.3 16.7 13.6 13.3 11.8 11.7 10.5 9.1

Lithium Amer Nutrien Newmont Corp First Quantum Franco-Nevada Turquoise HIl Suncor Energy Agnico Eagle Wheaton Prec M Teck Res SSR Mining Nexa Resources Silvercorp Met Jaguar Mng Pretium Res SilverCrest Wesdome Gold First Majestic Alexco Res Energy Fuels

LAC NTR NGT FM FNV TRQ SU AEM WPM TECK.B SSRM NEXA SVM JAG PVG SIL WDO FR AXU EFR

7301 7643 877 13293 1826 1793 38061 4216 5900 11849 3364 3 4251 1181 3271 2924 2075 8104 2065 5235

WEEK CLOSE

24.48 65.37 79.70 26.26 162.86 18.36 23.49 91.62 55.16 24.86 24.02 11.66 7.81 7.77 14.08 13.72 10.15 16.69 3.73 5.09

CHANGE

+ + + + + + + + + + -

8.50 4.13 3.52 3.41 3.26 2.53 2.14 2.03 2.00 1.76 1.54 0.75 0.70 0.57 0.51 0.47 0.47 0.39 0.32 0.31

TSX VENTURE EXCHANGE / JANUARY 4 – 8 The S&P/TSX Venture Composite Index climbed 2.44% to finish the trading week at 896.71. Spot gold fell US$48 per oz., or 2.53%, to US$1,850 per ounce.

Nouveau Monde Graphite jumped 77¢ to $1.80 per share. The company said it expects in the first quarter of this year to obtain authorisation from the provincial government to build commercial facilities at Saint-Michel-des-Saints for its Matawinie graphite project in Quebec, 150 km north of Montreal. The authorisation would enable the company to complete construction and commissioning of the first phase of its proprietary purification facility in Becancour for mid-2021. Nouveau Monde aims to provide advanced carbon-neutral graphite-based materials for the growing lithium-ion and fuel cell markets. The company said it plans to advance its mining and battery projects this year, with commercial activities slated to start in 2023.

Shares of Palladium One increased by 9¢ to 33.5¢ per share. The company announced the discovery of massive magmatic sulphides at its Tyko property in Ontario, 25 km north of the Hemlo mining complex. The discovery followed the first two drill holes of its 2020 drill program, with drillhole TK-20-016 intersecting 3.8 metres grading 6.65% nickel, 3.7% copper, 0.09% cobalt (8.74% nickel equivalent),

0.67 gram palladium per tonne, 0.81 gram platinum per tonne, and 0.03 gram gold per tonne starting from 29 metres downhole; and hole TK-20-015 returning 2.3 metres grading 3.9% nickel, 1.41% copper, 0.05% cobalt (4.78% nickel equivalent), 0.48 gram palladium, 0.35 gram platinum, and 0.01 gram gold from 30 metres. The drill program consisted of 14 holes totalling 1,123 metres, with 13 holes drilled into the Smoke Lake electromagnetic anomaly.

Viscount Mining rose 3.5¢ to 43¢ per share.

The junior signed an exploration earn-in agreement on its Cherry property in northeastern Nevada with a subsidiary of Centerra Gold. The property, 177 km southwest of Salt Lake City, consists of 320 claims covering 2,658 hectares and contains more than 20 past-producing mines, according to Viscount. Under the TSX-V MOST ACTIVE ISSUES VOLUME (000s) HIGH

Leeta Gold HIVE Nouveau Monde NOU Gratomic GRAT First Cobalt FCC Libero Copper LBC Lomiko Mtls LMR Palladium One PDM Fabled Copper FCO QMX Gold QMX Tombill Mines TBLL

54279 14693 14564 13342 12429 11130 11084 10814 9139 9096

3.50 1.98 0.56 0.41 0.14 0.10 0.36 0.12 0.21 0.30

WEEK LOW CLOSE CHANGE

2.43 1.04 0.36 0.33 0.08 0.06 0.24 0.08 0.18 0.15

3.37 1.80 0.53 0.36 0.13 0.09 0.34 0.11 0.19 0.30

+ + + + + + + + +

0.98 0.77 0.19 0.02 0.04 0.03 0.09 0.01 0.03 0.15

larisation (IP) geophysical anomalies identified on its Santa Maria property in Mexico, 39 km south of Parral. Of particular interest, Fabled said, are two areas to the west and outside the current resource area, which comprises the Main vein and Dos vein. A total of 11 priority IP targets have been delineated across the property.

The company has collected 26 surface samples from all anomalies and nearby areas. TNM

agreement, Centerra has the right to acquire a 70% interest in the property by making annual payments totalling $250,000 over a four-year period and spending $8 million on exploration over the same time frame.

Shares of Fabled Silver Gold climbed 0.5¢ to 10.5¢ per share. The company announced that it had completed its first follow-up ground sampling program to evaluate the Induced Po-

TSX-V GREATEST VALUE CHANGE

TSX-V GREATEST PERCENTAGE CHANGE VOLUME (000s) HIGH

Noble Metal African Metals Gainey Capital Tombill Mines Adex Mining Green Valley M Norse Gold Edison Cobalt Cypress Dev Handa Mining Milner Con Slv Q-Gold Res Rathdowney Res Zimtu Capital Lightspeed Dis MacDonald Mns Reyna Silver Jazz Res Sable Res Gentor Res

NMG.H AFR.H GNC TBLL ADE SCT VKG.H EDDY CYP HAND MCA.H QGR RTH ZC LSD.H BMK RSLV JZR SAE GNT

4729 100 3403 9096 967 320 167 3907 4788 367 17 530 4298 110 19 8767 2598 17 3205 230

0.02 0.15 0.06 0.30 0.01 1.30 0.14 0.06 1.66 0.04 0.10 0.38 0.06 0.20 0.12 0.09 1.48 0.33 0.38 0.06

VOLUME (000s)

WEEK LOW CLOSE CHANGE

0.01 0.06 0.03 0.15 0.01 0.65 0.08 0.03 0.90 0.03 0.08 0.25 0.04 0.14 0.11 0.07 0.99 0.25 0.23 0.06

0.02 0.14 0.05 0.30 0.01 1.25 0.14 0.06 1.58 0.04 0.08 0.26 0.04 0.14 0.12 0.07 0.99 0.25 0.26 0.06

+ 200.0 + 154.5 + 100.0 + 100.0 + 100.0 + 98.4 + 86.7 + 83.3 + 79.5 + 75.0 - 42.3 - 31.6 - 30.0 - 28.2 - 28.1 - 27.8 - 27.7 - 25.8 - 25.7 - 25.0

Tanqueray Expl Leeta Gold Solaris Res Millennial Lit Nouveau Monde IsoEnergy Ltd Cypress Dev Prosper Gold Standard Lith Green Valley M Abitibi Royal Great Bear Res Metalla Rylty New Oroperu Tudor Gold Reyna Silver HighGold Pure Gold Mg Los Andes Nrthn Superior

IPA HIVE SLS ML NOU ISO CYP PGX SLL SCT RZZ GBR MTA ORO TUD RSLV HIGH PGM LA SUP

399 54279 1090 817 14693 1060 4788 496 3590 320 30 308 399 269 1159 2598 534 6151 8 375

WEEK CLOSE

CHANGE

21.39 3.37 7.00 3.47 1.80 2.60 1.58 2.15 3.50 1.25 24.41 15.82 15.27 2.42 2.23 0.99 1.85 2.26 6.70 1.23

+ + + + + + + + + + -

1.95 0.98 0.92 0.90 0.77 0.73 0.70 0.68 0.65 0.62 1.71 1.12 0.75 0.55 0.43 0.38 0.38 0.32 0.30 0.29

U.S. MARKETS / JANUARY 4 – 8 The Dow Jones Industrial Average rose 1.61% to finish at 31,097.97 and the S&P 500 declined by 1.83% to 3,824.68. Spot gold dropped US$48 per oz., or 2.53%, to US$1,850 per ounce.

Rio Tinto jumped US$11.47 to US$86.69 per share. U.S. President Donald Trump’s outgoing administration plans to approve a land swap on Jan. 15 that the company and its partners need to build the Resolution copper mine in Arizona, clearing a long-time hurdle for a project that is opposed by many Native Americans. The project abuts the reservation where the San Carlos Apache tribe lives. The tribe and several environmental groups have said they may sue to stop the land swap. Rio Tinto and BHP Group have spent more than US$2 billion on new mine shafts and permitting applications for the project. The proposed mine would tunnel 2,134 metres underground and, developers say, could supply a quarter of the copper consumed annually in the U.S. Shares of Vale rose US$2.16 to US$18.92 per share. The Brazilian state of Minas Gerais is hoping to win at least 28 billion reais (US$5.3 billion) from a compensation deal with the miner related to the Brumadinho tailings dam disaster. A court-mediated hearing is ex-

pected this month, said State Secretary General Mateus Simoes. “The idea is that we end the text discussion tomorrow and start the value discussion,” Simoes reportedly told Reuters on Jan. 6. “Certainly the floor for the beginning of the negotiations has to be 28 billion reais.”

The government of Minas Gerais has requested in court total damages of approximately 54 billion reais (US$10.2 billion) for the material and moral damages related to the rupture of the Vale dam in Brumadinho on Jan. 25, 2019, which left 270 dead.

Iamgold dropped by US18¢ to US$3.49 per share. The company announced that it has adopted new governance guidelines on board U.S. MOST ACTIVE ISSUES VOLUME (000s)

HIGH

Vale* VALE 234785 19.00 Freeport McMoR* FCX155250 5.13 Barrick Gold* GOLD 146793 24.95 United States S* X 117535 23.28 Kinross Gold* KGC 116744 8.15 Yamana Gold* AUY 110203 6.16 Cleveland-Clif* CLF 94083 18.60 Hecla Mining* HL 58386 7.06 Chevron Corp* CVX 56945 92.43 IAMGOLD* IAG 48112 3.95

WEEK LOW CLOSE CHANGE

17.09 18.92 + 2.16 31.78 26.4731.15+ 23.58 16.86 7.25 5.39 14.17 5.94 83.89 3.42

23.97 22.29 7.38 5.54 18.04 6.08 91.08 3.49

+ + + + + -

1.19 5.52 0.04 0.17 3.48 0.40 6.63 0.18

renewal to reflect evolving governance best practices. The new guidelines stipulate that the average board tenure should not exceed ten years, no director should chair a standing committee of the board for more than ten years, and no director should be the board chair for more than ten years. In conjunction with these guidelines and in accordance with the board’s previously stated commitment to diversity,

Anne Marie Toutant and Deborah Starkman were appointed to the board on Dec. 14, 2020.

With the announcement that John Caldwell has decided to step down from the board and that Mahendra Naik will not stand for re-election, following the next shareholder meeting, the board will consist of eight members, 38% of whom are female, and the average tenure will be fewer than six years. TNM U.S. GREATEST VALUE CHANGE

U.S. GREATEST PERCENTAGE CHANGE VOLUME (000s) HIGH

Lithium Amer* Peabody Enrgy* United States S* Cleveland-Clif* Freeport McMoR* Turquoise HIl* Mosaic* Rio Tinto* Vale* CONSOL Energy* Buenaventura* Coeur Mng* Nexa Resources* NACCO Ind* Hecla Mining* IAMGOLD* DRDGOLD* Harmony Gold* Black Hills* Pretium Res*

LAC BTU X CLF FCX TRQ MOS RIO VALE CNX BVN CDE NEXA NC HL IAG DRD HMY BKH PVG

47513 25199 117535 94083 155250 4578 37290 13351 234785 22193 6746 28308 209 84 58386 48112 2045 45468 2125 6376

19.95 3.75 23.28 18.60 31.78 14.62 27.90 86.90 19.00 12.45 12.83 11.17 10.41 27.09 7.06 3.95 13.29 5.38 62.24 12.46

VOLUME (000s)

WEEK LOW CLOSE CHANGE

12.58 2.45 16.86 14.17 26.47 12.79 23.22 77.39 17.09 10.93 10.96 9.33 8.85 24.30 5.94 3.42 10.94 4.39 58.36 10.98

19.33 3.21 22.29 18.04 31.15 14.48 26.81 86.69 18.92 12.10 11.25 9.59 8.94 24.67 6.08 3.49 11.25 4.52 59.38 11.10

+ + + + + + + + + + -

54.0 33.2 32.9 23.9 19.7 16.6 16.5 15.2 12.9 12.0 7.7 7.3 7.3 6.2 6.2 4.9 4.1 3.4 3.4 3.3

MartinMarietta* MLM Rio Tinto* RIO Lithium Amer* LAC Chevron Corp* CVX Southern Copp* SCCO United States S* X Freeport McMoR* FCX Mosaic* MOS Arch Resources* ARCH Cleveland-Clif* CLF Black Hills* BKH NACCO Ind* NC Buenaventura* BVN Coeur Mng* CDE Nexa Resources* NEXA Intrepid Pots* IPI DRDGOLD* DRD First Majestic* AG Hecla Mining* HL Pretium Res* PVG

5174 13351 47513 56945 5710 117535 155250 37290 2238 94083 2125 84 6746 28308 209 2141 2045 42738 58386 6376

WEEK CLOSE

CHANGE

310.43 86.69 19.33 91.08 71.44 22.29 31.15 26.81 47.48 18.04 59.38 24.67 11.25 9.59 8.94 23.62 11.25 13.03 6.08 11.10

+ 26.46 + 11.47 + 6.78 + 6.63 + 6.32 + 5.52 + 5.13 + 3.80 + 3.71 + 3.48 - 2.07 - 1.63 - 0.94 - 0.76 - 0.70 - 0.53 - 0.48 - 0.41 - 0.40 - 0.38

GLOBAL MINING NEWS

THE NORTHERN MINER / JANUARY 18—31, 2021

19

M E TA L S , M I N I N G A N D M O N EY M A R K E T S LME WAREHOUSE LEVELS

PRODUCER AND DEALER PRICES

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan 07 2020 (change from Dec 31, 2020 in brackets): Aluminium Alloy 3060 (-360) Aluminium 1313100 (-32700) Copper 104325 (-3625) Lead 132125 (-1350) Nickel 248694 (+1986) Tin 1755 (-135) Zinc 201875 (-350)

Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$54.35 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$11.55 Cobalt: US$16.56/lb.

Copper: US$3.70/lb.

Copper: CME Group Futures February 2021: US$3.56/lb.; March 2021: US$3.56/lb Iridium: NY Dealer Mid-mkt US$2,850.00/tr oz.

Iron Ore 62% Fe CFR China-S: US$171.80 Lead: US$0.91/lb.

Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$18,950.00 tr. oz.

Ruthenium: Mid-mkt US$270.00/tr. oz.

Silver: Handy & Harman Base: US$25.59 per oz.; Handy & Harman Fabricated: US$31.99 per oz.

Tin: US$9.67/lb.

Uranium: U3O8, Trade Tech spot price: US$30.40 per lb. U308 Zinc: US$1.28/lb.

Prices current Jan. 11, 2021

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Dec 15, 2020 (with changes from Nov 30, 2020) Largest short positions New Gold NGD 17813577 -924352 11/30/2020 Suncor Energy SU 15107054 4866048 11/30/2020 Nexgen Energy NXE 14857443 1999554 11/30/2020 Lundin Mng LUN 12488789 3141039 11/30/2020 Premier Gold M PG 10579964 -84913 11/30/2020 Argonaut Gold AR 9762393 1932359 11/30/2020 Kinross Gold K 9341566 -259145 11/30/2020 Barrick Gold ABX 9297407 1825162 11/30/2020 Fortuna Silvr FVI 8507038 -636601 11/30/2020 First Quantum FM 8329004 927307 11/30/2020 Ivanhoe Mines IVN 8311153 -510546 11/30/2020 Wheaton Prec M WPM 7941818 611412 11/30/2020 Fission Uran FCU 7297485 1130599 11/30/2020 Endeavr Silver EDR 6557130 79689 11/30/2020 Copper Mtn Mng CMMC 6372582 2110077 11/30/2020 Largest increase in short position Suncor Energy SU 15107054 4866048 11/30/2020 Lundin Mng LUN 12488789 3141039 11/30/2020 Cameco Corp CCO 5503857 2685318 11/30/2020 Copper Mtn Mng CMMC 6372582 2110077 11/30/2020 Nexgen Energy NXE 14857443 1999554 11/30/2020 Largest decrease in short position Trevali Mng TV 4351593 -5800869 11/30/2020 Freegold Vent FVL 341557 -2535545 11/30/2020 B2Gold Corp BTO 2186391 -1795699 11/30/2020 Nthn Dynasty NDM 2254973 -1511908 11/30/2020 Nevada Copper NCU 1499687 -1198407 11/30/2020

Short positions outstanding as of Dec 15, 2020 (with changes from Nov 30, 2020) Largest short positions AbraPlata Res ABRA 6786081 -88805 11/30/2020 Arcturus Vent MILE 6275681 6166232 11/30/2020 Southern Silvr SSV 4512132 2659976 11/30/2020 Dolly Vard Sil DV 4406326 154473 11/30/2020 Equity Metals EQTY 2534653 2024231 11/30/2020 Discovery Met DSV 2530823 -1929158 11/30/2020 Standard Lith SLL 2470175 1671080 11/30/2020 Lion One Mtls LIO 2294508 101813 11/30/2020 Gratomic GRAT 2116393 1461011 11/30/2020 Monarca Mnrls MMN 2039129 1990244 11/30/2020 IMPACT Silver IPT 2006585 -326786 11/30/2020 Uragold Bay Rs HPQ 2006087 649171 11/30/2020 Boreal Metals NOCR 1986302 1876447 11/30/2020 Brixton Metals BBB 1967265 1924035 11/30/2020 ZEN Graphene ZEN 1729867 410361 11/30/2020 Largest increase in short position Arcturus Vent MILE 6275681 6166232 11/30/2020 Southern Silvr SSV 4512132 2659976 11/30/2020 Equity Metals EQTY 2534653 2024231 11/30/2020 Monarca Mnrls MMN 2039129 1990244 11/30/2020 Brixton Metals BBB 1967265 1924035 11/30/2020 Largest decrease in short position Oceanus Res SLVR 200402 -3969806 11/30/2020 Novo Res NVO 158293 -2467488 11/30/2020 Emgold Mining EMR 798 -1974618 11/30/2020 Discovery Met DSV 2530823 -1929158 11/30/2020 Kincora Copper KCC 18705 -1926621 11/30/2020

NEW 52-WEEK HIGHS AND LOWS JANUARY 4-8, 2021 453 New Highs

Prime Meridia* Pucara Gold* Abitibi Royal* AbraPlata Res AbraPlata Res* Aftermath Silv* Alcoa* Aldever Res Alianza Min Alianza Min* Alphamin Res Alphamin Res * Altair Res Inc* Altiplano Met Altius Mnrls Altius Mnrls * Altus Strat ALX Resources* Amerigo Res Amerigo Res* Amex Expl Amex Expl* Anglo American* Antofagasta* Applied Min* Arbor Metals Arcus Dev Grp Argentina Lith* Arizona Metals Arizona Metals* Asante Gold Asante Gold* Ascot Res Ascot Res * Atalaya Mining Aurcana Silver Aurcana Silver* Aurwest Res Auxico Res Auxico Res* Avalon Advance Avalon Advance* Aya Gold* Azincourt Ener* Bam Bam Res* Bannerman Res* Barker Min* Baroyeca Gold* Baselode Egy Batero Gold* Battle North* Benz Mining Benz Mining* Bitterroot Res Bitterroot Res* Black Mammoth Black Mountain Blackheath Res BlueBird Batt* Bold Ventures Bold Ventures* Bonanza Gold* Borneo Res Inv* Brazil Min* Brunswick Expl Bullfrog Gold Bullfrog Gold* C3 Metals C3 Metals* Cameco Corp Cameco Corp* Canagold Res* CanAlaska Uran CanAlaska Uran* Candelaria Mg* Candente Coppr Canstar Res

Capstone Mng Cardinal Res Cartier Res Casa Minerals CAT Strategic Chalice Gold M* Champion Iron Champion Iron* Chiboug Ind Mn Chiboug Ind Mn* Chilean Metals Chilean Metals* Clean Air Met Cleveland-Clif* Clifton Mng* Clydesdale Res CMC Metals CMC Metals* Cobalt Block Cobalt Block* Colombia Crest Colombia Crest* Commander Res Commander Res* Commerce Res* Conic Metals* Copper Mtn Mng Copper Mtn Mng* Copperbank Res Copperbank Res* Cypress Dev Cypress Dev* Damara Gold Damara Gold* Debut Dmds Deep-South Res Deep-South Res* Defense Metals Defense Metals* Defiance Silvr Defiance Silvr* Denison Mines Denison Mines* District Metal District Metal* District Mines East Africa East Africa * Eastfield Res* Edgemont Gold Edison Cobalt Elysee Dev Elysee Dev * EMX Royalty EMX Royalty* Endeavr Silver Endeavr Silver* Endurance Gold Endurance Gold* Entree Res Entree Res* Equity Metals Equity Metals* Erin Ventures Erin Ventures* Ero Copper* Eskay Mng Eskay Mng* EurOmax Res EurOmax Res* Everton Res* Excellon Res* ExGen Res Inc* Explorex Res Explorex Res* Fidelity Min Filo Mg Corp * First Cobalt

First Cobalt * First Quantum Fission Uran* Focus Graphite Focus Graphite* Foran Mng Forsys Metals Fortescue Met* Fortuna Silvr Fortuna Silvr* Fortune Mnrls Fortune Mnrls* Forum Energy Fox River Res Fox River Res* Freeport McMoR* Frontier Lith Gambier Gold Gambier Gold* Gatos Silver Gatos Silver* Generation Min Generation Min* Gensource Pot Geomega Res Geomega Res* GGL Res GGL Res* Giyani Gold Giyani Gold* GK Resources Glencore Plc * Glencore Plc* Global Battery* Global Energy* GNCC Capital* GoGold Res Goldblock Cap Golden Arrow* Golden Mnls Golden Mnls* Golden Secret Golden Tag Goldstrike Res* Goliath Res Goliath Res* GoviEx Uranium GoviEx Uranium* GPM Metals* GR Silver* Gran Colombia Gran Colombia* Gratomic Great Lakes Gr* Green Valley M Greenland M&En* Group Ten Mtls GT Gold GT Gold * Hecla Mining* Highland Copp Highland Copp* HudBay Min HudBay Min* Impala Platnm* Imperial Metal Imperial Metal* Imperial Mg Gr Infrastructure* Intl Battery Intl Battery* Intl Zeolite Intl Zeolite* Inventus Mg Inventus Mg * IsoEnergy Ltd Ivanhoe Mines Ivanhoe Mines*

Jaguar Mng Jaguar Mng* Jervois Mining Jervois Mining* Juggernaut Exp Juggernaut Exp* K92 Mining* Kincora Copper Kintavar Exp Klondike Silv Klondike Silv* Kutcho Copper * Kuya Silver Kuya Silver* Labrador IMH* Laramide Res Latin Metals Leeta Gold Liberty One Li Lithium Amer Lithium Amer* Lithium Corp* Lithium Energi* Lithoquest Res* Lomiko Mtls Lomiko Mtls* Los Andes* Lundin Mng Lundin Mng* Lupaka Gold Lupaka Gold * Lynas Corp* MAG Silver Makena Res* Mammoth Res Mammoth Res * Mandalay Res Mandalay Res* Marathon Gold Marimaca Cop MartinMarietta* Mas Gold Maverix Metals* McChip Res Mega Uranium* Metalex Vent * Metalla Rylty Metallica Min* Metalore Res* Metron Capital Midnight Star Midnight Sun Midnight Sun* Millennial Lit Millennial Lit* Mkango Res Monarch Gold* Montero Mg&Ex Montero Mg&Ex * Mosaic* Neo Lithium New Pac Metals Newlox Gold Nexa Resources Nexa Resources* Nexco Res Nexgen Energy Nexgen Energy* Nickel Rock Nickel Rock* Noble Metal * Noram Vent Noram Vent* Norilsk Nickel* Noront Res Noront Res* North Arrow Mn Northisle C&G

Northisle C&G * Nouveau Monde Nouveau Monde* NRG Metals* Nutrien Nutrien* Olivut Res Olivut Res* Ophir Gold* Orca Gold Oro X Mining* Orocobre Orvana Mnrls Orvana Mnrls* Osisko Dev* Osisko Gold* OZ Minerals* Pac Ridge Expl Pac Ridge Expl* Pacific Rim Paladin Energy* Palladium One Panoro Mnrls Panoro Mnrls* Pantheon Vent Patriot Gold* PepinNini Lith* Peruvian Metal Peruvian Metal* Plateau Energy* Prime Meridian Prism Res Prog Planet Prosper Gold Pure Energy* Rio Tinto* Rochester Res Rochester Res* Rock Tech Lith Rock Tech Lith* Rodinia Lithm Rogue Res Rokmaster Res Rokmaster Res* Sabina Gd&Slvr Sabina Gd&Slvr* Saint Jean Santacruz Silv Scandium Intl Scandium Intl* ScoZinc Mg* Seabridge Gld Seabridge Gld* Search Mnls Serengeti Res Sherritt Intl Sibanye-Stillw* Sierra Metals Sierra Metals* Sigma Lithium Silver Bull Re Silver Bull Re* Silver Dollar Silver Range Silver Range* SilverCrest SilverCrest* Silverstar Res* Skeena Res Skeena Res* Skyharbour Res Skyharbour Res* Sokoman Min Sokoman Min* Solaris Res Southern Copp* Southern Silvr Southern Silvr*

Spruce Ridge R St Augustine Standard Lith Stellar Africa* Sterling Metal Sterling Metal* Strikepoint Gd Strikepoint Gd* Stuve Gold Sun Summit Sun Summit* Syrah Res* Tartisan Nick Taseko Mines Taseko Mines* Teck Res Teck Res* Temas Res Temas Res* Tesoro Mnrls* Thesis Gold Timberline Res* Tinka Res Tinka Res* TNR Gold Tombill Mines Torq Resources* True North Gem* Tsodilo Res Turquoise HIl Turquoise HIl* U.S. Gold* U3O8 Corp UC Res* Ucore Rare Mtl Ucore Rare Mtl* UEX Corp United States A* United States S* Uranium Energy* Uranium Roylty Uranium Roylty* Uravan Mnrls Uravan Mnrls* Vale* Valley High Mg* Vanadian Enrgy Vanadium One Vanadium One* Vanadiumcorp Vanadiumcorp* Verde Potash Verde Res* Visionary Gold Western Areas* White Metal Rs Whitehorse GC Wildsky Res Wildsky Res* Wolfden Res Wolfden Res* ZEN Graphene* ZincX Res ZincX Res*

7 New Lows

Colibri Res Earl Res Goldseek Res* Metals Creek* Renforth Res* Southern Emp* Tarachi Gold*

TSX WARRANTS Alio Gold Inc. (ALO.WT) - 10 Warrants to purchase one common share of the Issuer at $7.00 until expiry Alio Gold Inc. J (ALO.WT.A) - One Warrant to purchase one common share of the Issuer at $8.00 until expiry Ascendant Resources (ASND.WT) - Wt buys sh @ $1.25 to Mar 7/22 eColbalt Solutions Inc. J (ECS.WT) - One Warrant to purchase one common share of the Issuer at US$1.95 per share until expiry Excellon Resources Inc (EXN.WT.A) - One warrant to purchase one common share of the Issuer at $2.80 until expiry Excellon Resources Inc. (EXN.WT) - One Warrant to purchase one common share of the issuer at $1.40 per share until expiry Gran Colombia Gold (GCM.WT.B) - One warrant to purchase one common share of the Issuer at $2.21 until expiry.

Karora Resources Inc. (KRR.WT) - One Warrant to purchase one common share of

the Issuer at $0.50 until expiry.

Liberty Gold Corp. Wt (LGD.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry may 16, 2019 Lithium Americas Corp (LAC.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry Lydian International Limited (LYD.WT) One Warrant to purchase one additional ordinary share of the Issuer at $0.36 per share until expiry Nevada Copper Corp. (NCU.WT) - One Warrant to purchase one common share of the Issuer at $0.20 until expiry Nomad Royalty Company Ltd. (NSR.WT) One Warrant to purchase one common share of the Issuer at $1.71 until expiry.

Northern Dynasty Minerals Ltd. J (NDM. WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Northern Dynasty Minerals Ltd. J (NDM. WT.B) - Wt buys sh @ $0.55 to Jun 10/21

ABE Resources Inc. (ABE.WT) - One warrant to purchase one common share at $0.15 per share.

American Cumo Mining Corp. (MLY.RT) 2 rights and $0.07 are required to purchase one share Antioquia Gold Inc. (AGD.RT) - One (1) Right and $0.042 are required to purchase one share.

Aurania Resources Ltd. (ARU.RT) - Fourteen (14) Rights exercisable for one common share at $2.70 per common share.

Aurania Resources Ltd. (ARU.WT) - One warrant to purchase one common share at $5.50 per share.

Avidian Gold Corp. (AVG.RT) - Three rights and $0.11 are required to purchase one Share.

Boreal Metals Corp. (BMX.WT) - One warrant to purchase one common share at $0.50 per share.

Boreal Metals Corp. (BMX.WT) - One warrant to purchase one common share at $0.30 per share.

Caldas Gold Corp. (CGC.WT) - One warrant to purchase one common share at $2.75 per share.

Cordoba Minerals Corp (CDB.WT) - One warrant to purchase one common share at $1.08 per share.

Cordoba Minerals Corp (CDB.WT) - One warrant to purchase one common share at $1.08 per share.

Cordoba Minerals Corp. (CDB.RT) - One (1) Right exercisable for One (1) Rights Share at $0.05 per Share.

Equinox Gold Corp (EQX.WT) - One warrant to purchase one common share at

$3.00 per share.

Eros Resources Corp. (ERC.WT) - One (1) Right exercisable for (1) Unit at $0.05 per Unit.

Falco Resources Ltd. (FPC.WT) - One warrant to purchase one common share at $1.70 per share.

Firefox Gold Corp. (FFOX.WT) - One warrant to purchase one common share at $0.60 per share.

Firefox Gold Corp. (FFOX.WT) - One warrant to purchase one common share at $3.00 per share.

Goldstar Minerals (GDM.RT) - One Right to purchase one common share at $0.03 per share.

Goldstar Minerals Inc. (GDM.RT) - One (1) Right and $0.05 are required to purchase one common share.

JDL Gold Corp. (JDL.WT) - Wt buy sh @ $3.00 to Oct 06/21 Kootenay Silver Inc. (KTN.WT) - Wt buys sh @ $0.55 to Apr 21/21 LaSalle Exploration Corp. (LSX.WT) - One warrant to purchase one common share at $0.15 per share.

LSC Lithium Corporation (LSC.RT) - One (1) right exercisable for One (1) Unit at $0.40 per Unit.

Mako Mining Corp. (MKO.RT) - Rights exercisable for One (1) share at $0.10 per share.

Mako Mining Corp. (MKO.WT.A) - One warrant to purchase one common share at $0.60 per share.

Maple Gold Mines Ltd. (MGM.WT) - One warrant to purchase one common share at $0.40 per share

Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22 Platinum Group Metals Ltd. (PTM.WT.U) One Warrant to purchase one common share of the Issuer at US$0.17 until expiry Royal Nickel Corporation (RNX.WT) - One Warrant to purchase one common share of the Issuer at $0.50 until expiry.

Sandstorm Gold (SSL.WT.B) - One Warrant to purchase one common share of the Issuer at US $14.00 until expiry.

Sherritt International Corporation (S.WT) Each whole Warrant entitles the holder to acquire between 1.00 and 1.25 additional common shares (as bulletin 2018-0062 table ) determined based on the Applicable Reference Cobalt Price at an exercise price of $1.95 per Warrant at any time prior to the Expiry Date Sprott Resource Corp (SRHI.WT) - Wt buys sh @ $0.3333 to Feb 09/22

TSX VENTURE WARRANTS Maple Gold Mines Ltd. (MGM.WT) - One warrant to purchase one common share at $0.40 per share Mexican Gold Corp. (MEX.WT) - One warrant to purchase one common share at $0.12 per share.

Millennial Lithium Corp. (ML.WT) - One warrant to purchase one common share at $4.25 per share.

Novo Resources Corp. (NVO.WT) - One warrant to purchase one common share at $4.40 per share.

Orezone Gold Corporation (ORE.WT) One warrant to purchase one common share at $0.80 per share.

Orezone Gold Corporation (ORE.WT) One warrant to purchase one common share at $0.80 per share.

Sandfire Resources America Inc. (SFR.RT) Forty one (41) Rights exercisable for One (1) Share at $0.15 per Share.

Sandfire Resources America Inc. (SFR.RT) Eight (8) Rights exercisable for One (1) share at $0.06 per unit.

Tintina Resources Inc. (TAU.RT) - Nine(9) Rights exercisable for one share at $0.06 per share.

Trek Mining (TREK.WT) - Wt buy sh @ $3.00 to Oct 06/21 Ucore Rare Metals Inc. (UCU.RT) - One (1) right exercisable for one share at $4.00 per share.

Vision Lithium Inc. (VLI.WT) - One warrant to purchase one common share at $0.15 per share.

Yellowhead Mining Inc. (YMI.RT) - One (1) Right and $0.12 are required to prchase one Share

DAILY METAL PRICES Date Jan 08 Jan 07 Jan 06 Jan 05 BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) Al Alloy 1968.50/1930 1958.50/1930 1958.50/1930 1921.50/1893 Aluminum 2029.50/2032 2008/2020.50 2062.50/2068 2027.50/2032.50 Copper 8146/8160 8036.50/8048 7914/7922.50 7753/7777 Lead 2000/2019.50 2026.50/2042 2043.50/2059 1932.50/1954 Nickel 17890/17950 17929/17972 17517/17576 16913/16994 Tin 21325/21105 21360/21140 21350/21125 20110/20014 Zinc 2824.50/2849 2838/2863.50 2785/2811 2789/2822 PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.)

Gold AM 1891.30 1911.05 1957.20 Gold PM 1862.90 1920.10 1931.95 Silver 26.65 27.13 27.53 Platinum 1112 1103.00 1087.00 Palladium 2435 2415.00 2400.00

Jan 04 1922/1893 2013.50/2016 7918.50/7931 2023.50/2042 17344/17403 21034/20735 2775/2797.50

1946.55 1940.35 27.51 1081.00 2423.00

1930.80 1943.20 27.27 1118.00 2454.00

EXCHANGE RATES Date US$ in C$ C$ in US$

Jan 08 1.2704 0.7872

Jan 07 1.2685 0.7884

Jan 06 1.2666 0.7895

Jan 05 1.2676 0.7889

Exchange rates (Quote Media, January 08, 2021) C$ to AUS C$ to EURO C$ to YEN 1.0148 0.6448 81.9266 C$ to UK Pound C$ to China Yuan C$ to India Rupee 0.5809 5.1018 57.7821 US to AUS US to EURO US to YEN 1.2894 0.8183 103.9285 US to UK Pound US to China Yuan US to India Rupee 0.7371 6.4754 73.3794

Jan 04 1.2782 0.7823 C$ to Mex Peso 15.7513 C$ to Swiss Franc 0.6979 US to Mex Peso 20.0041 US to Swiss Franc 0.8855

C$ to SA Rand 12.0560 C$ to S. Korea Won 860.2940 US to SA Rand 15.2996 US to S. Korea Won 1093.0100

NORTH AMERICAN STOCK EXCHANGE INDICES 52-week

IndexName S&P/TSX Composite S&P/TSXV Composite S&P/TSX 60 S&P/TSX Global Gold DJ Precious Metals

Jan 08 18042.07 896.71 1072.92 321.15 304.36

Jan 07 18027.57 915.07 1070.40 335.40 304.36

Jan 06 17828.11 897.52 1058.28 335.88 305.10

Jan 05 17682.51 899.85 1048.78 335.05 304.12

Jan 04 17527.77 889.04 1039.36 339.01 305.49

High 18058.61 917.38 1073.30 416.84 359.81

Low 11172.73 330.65 683.81 173.42 140.55

CANADIAN GOLD MUTUAL FUNDS FundName Jan 08 ($) BMO Prec Mtls Fd A 27.43 BMO ZGD 79.32 BMO ZJG 76.75 CIBC Prec Metal Fd A 15.92 Dyn Prec Metls Fd A 13.71 Harvest HGGG 31.46 Horizons HEP 33.20 IG MacGbPreMetCl A iShares XGD 20.05 Mac Prec Met Cl A NBI PrecMetFd Invt 21.47 NPT Go&PrMinFd A 61.09 NPT SilverEquCl A 11.10 RBC GblPreMetFd A 64.03 RBC GblPreMetFd Adv 64.48 Sentry Pre Met Fd A 58.53 TD Prec Mtl Fd Inv 51.96

Jan 01 ($)

Change ($) 0.26 -0.52 -1.27 0.27 -0.06 0.44 0.42 0.97 0.35 4.79 0.24 -0.10 -0.19 0.27 0.28 0.38 0.66

Change (%) 0.94 -0.66 -1.62 1.70 -0.43 1.43 1.27 5.93 1.79 6.06 1.13 -0.17 -1.69 0.43 0.43 0.64 1.29

YTDChange (%) 16.21 19.00 18.41 21.04 48.52 25.92 12.15 31.78 19.29 32.82 24.05 38.61 40.82 35.28 35.26 43.90 17.98

MER (%) 2.41 0.61 0.60 2.43 2.73 0.94 0.83 2.63 0.61 2.52 2.46 3.19 2.98 2.10 2.09 2.32 2.27

TotalAssets (M$) 57.63 248.94 109.82 64.65 672.08 8.55 35.07 736.57 75.03 35.23 512.18 2.88 374.06 148.49

Financial information provided by Fundata Canada Inc. ©Fundata Canada Inc. All rights reserved

LEGEND

GLOBAL MINING NEWS · SINCE 1915

A – Australian Securities Exchange

Re-Publishing License Own your moment in the press with a Re-Publishing License for any article printed in The Northern Miner or posted on our website. Basic Re-Publishing License cost: $525

C – Canadian Stock Exchange

STAFF INVESTMENT POLICY The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public offerings or to engage in short selling.

L – London Stock Exchange

Contact:

N – New York Stock Exchange

moliveira@ northernminer.com or 416-510-6768

Q – NASDAQ or U.S. OTC

O – U.S. over-the-counter T – Toronto Stock Exchange V – TSX Venture Exchange X – NYSE American *

– Denotes price in U.S.$

CONVERSIONS OF WEIGHTS & MEASURES 1 troy ounce = 31.1 grams 1 kilogram = 32.15 troy ounces 1 kilogram = 2.2046 pounds 1 (metric) tonne = 1,000 kilograms 1 (metric) tonne = 2,204.6 pounds 1 (short) ton = 2,000 pounds

1 (metric) tonne = 1.1023 (short) tons 1 gram per (metric) tonne = 0.02917 troy ounces per (short) ton = 0.03215 troy ounces per (metric) tonne 1 kilometre = 0.6214 miles 1 hectare = 2.47 acres

20

WWW.NORTHERNMINER.COM

JANUARY 18—31, 2021 / THE NORTHERN MINER

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: JANUARY 4–8, 2021 (100s) Stock

Exc Volume

Week High

Low

Last

12-month Change

High Low

A 1911 Gold 1911 Gold* 79 Resources 79North A.I.S Res* A.I.S Res Abacus Mining* Abacus Mining Abcourt Mines Abcourt Mines* Aben Resources* Aben Resources Abitibi Royal* Abitibi Royal AbraPlata Res* AbraPlata Res Academy Metals Academy Metals* Adamera Min* Adamera Min Adex Mining Advance Gold Adventus Adventus* AEX Gold Affinity Metal* African Gold African Gold* African Metals African Min* Aftermath Silv* Agnico Eagle* Agnico Eagle AgriMinco* Aguila Amer Gd* Aguila Amer Gd AJN Resources Alamos Gold Alamos Gold* Alcoa* Aldebaran Res* Aldebaran Res Aldever Res Aldever Res* Alexandra Cap* Alexco Res* Alexco Res Alianza Min* Alianza Min Alien Metals* Allegiant Gold Allegiant Gold* Alliance Mng Alliance Res* Almaden Min* Almaden Min Almadex Min* Almadex Min Almonty Ind Almonty Ind * Aloro Mining* Aloro Mining Alpha Lithium Alpha Lithium* Alphamin Res * Alphamin Res Altai Resource Altai Resource* Altair Res Inc* Altair Res Inc Altamira Gold Altamira Gold* Altan Nevada Altan Rio Min Altiplano Met Altiplano Met* Altius Mnrls Altius Mnrls * Alto Ventures Alto Ventures* Altura Mining* Alturas Min Altus Strat Altus Strat* Alumina Ltd* ALX Resources ALX Resources* AM Resources Amani Gold* Amarc Res Amarc Res* Amarillo Gold* Amarillo Gold Amer Intl Vent* American Creek* American Creek American CuMo* American CuMo American Lith* American Lith American Mang* American Mang American Pac AmericanSierra* Americas Silvr* Americas Silvr Amerigo Res Amerigo Res* Amex Expl* Amex Expl Amilot Capital AMV Capital Anaconda Mng* Anaconda Mng Andes Gold* Andover Mng* Anfield Energy* Anfield Energy Angel Gold* Angel Gold Angkor Gold* Angkor Res Anglo American* Anglo American* Anglo Pac Grp AngloGold Ash* AngloGold Ash* Angus Gold* Angus Gold Antioquia Gold* Antioquia Gold Antler Gold Antofagasta* Apollo Gold Apollo Gold* Appia Energy Appia Energy* Applied Min* Aquila Res Aquila Res* Arbor Metals Arch Resources* Archon Mineral* Archon Mineral Arctic Star* Arctic Star Arcturus Vent* Arcturus Vent Arcus Dev Grp* Arcus Dev Grp Arcwest Explor Arcwest Explor* Arena Min* Arena Min Ares Strategic Ares Strategic* Argentina Lith* Argentina Lith Argentum Silvr* Argentum Silvr Argo Gold Argo Gold* Argonaut Gold* Argonaut Gold Arianne Phosph Arianne Phosph* Arizona Metals* Arizona Metals Arizona Silver Arizona Silver* Armor Min Artemis Gold*

V O C C O V O V V O O V O V O V V O O V V V V O V O V O V O O N T O O V C T N N O V V O O X T O V O V O V D X T O V T O O V V O O V V O O V V O V V V O T O V O O V V O O V O V O V O O V O O V O V O V O V C O X T T O O V V V O T O O O V O V O V O O T O N O V O V V O V O C O O T O V N O V O V O V O V V O O V V O O V O V C O O T V O O V V O V O

518 688 238 999 229 3713 537 1062 1363 247 481 719 11 30 4898 8280 89 0 334 178 967 320 784 10 40 51 2081 466 100 457 2550 8190 4216 151 5 32 62 4438 17875 22748 117 106 117 0 1904 9042 2065 1644 3467 244 456 335 2 3085 10694 630 99 173 312 44 8 256 2180 5464 850 2414 589 1 108 536 1163 71 255 837 652 25 582 276 771 10 1756 305 107 6 65 2570 333 554 130 275 200 345 671 268 588 1188 712 2665 10125 7552 6125 4789 1507 51 7948 4244 887 453 235 1154 50 20 882 1496 74 299 879 7097 103 276 118 714 52 1524 13 5 17706 7 49 836 554 693 10 209 6 1114 1656 8379 1663 2611 558 2238 3 28 1 982 1339 4064 8 154 257 123 5 495 1100 2835 69 667 12 93 252 77 1028 5005 839 248 1949 3752 306 235 30 90

0.58 0.47 0.17 0.15 0.07 0.09 0.12 0.14 0.18 0.13 0.06 0.08 20.82 26.35 0.50 0.60 0.10 0.06 0.09 0.11 0.01 0.12 1.15 0.89 0.86 0.18 0.19 0.16 0.15 0.00 1.37 76.69 97.21 0.00 0.49 0.62 0.20 12.63 9.87 26.20 0.38 0.47 0.36 0.00 0.26 3.45 4.38 0.19 0.25 0.02 0.33 0.26 0.00 5.05 0.55 0.69 0.21 0.28 0.68 0.54 0.05 0.06 0.84 0.67 0.38 0.49 0.08 0.06 0.03 0.04 0.21 0.17 0.02 0.15 0.45 0.30 15.25 11.88 0.13 0.10 0.03 0.03 1.51 1.20 5.97 0.10 0.08 0.04 0.00 0.08 0.06 0.25 0.32 0.02 0.22 0.29 0.03 0.05 1.47 1.85 0.47 0.59 0.18 0.04 3.46 4.40 0.92 0.72 3.26 4.19 0.06 0.14 0.50 0.62 0.01 0.00 0.11 0.15 0.02 0.03 0.05 0.06 38.95 19.39 2.81 25.10 25.75 0.64 0.81 0.05 0.06 0.26 21.75 0.70 0.53 0.43 0.34 0.05 0.14 0.11 2.20 50.11 0.19 0.25 0.03 0.04 0.02 0.01 0.02 0.04 0.11 0.09 0.02 0.04 0.55 0.44 0.11 0.13 0.17 0.21 0.21 0.15 2.30 2.92 0.24 0.20 0.97 1.20 0.38 0.32 0.73 5.49

0.49 0.38 0.15 0.10 0.06 0.08 0.09 0.12 0.14 0.11 0.05 0.07 18.94 24.10 0.34 0.43 0.00 0.06 0.08 0.10 0.01 0.00 0.94 0.77 0.78 0.15 0.16 0.13 0.06 0.00 1.05 70.97 90.40 0.00 0.00 0.45 0.17 11.11 8.72 23.13 0.00 0.42 0.00 0.00 0.17 2.78 3.54 0.13 0.16 0.02 0.28 0.22 0.00 4.45 0.48 0.61 0.14 0.22 0.64 0.00 0.04 0.05 0.64 0.50 0.30 0.38 0.07 0.06 0.02 0.03 0.19 0.15 0.02 0.13 0.35 0.27 13.36 10.50 0.11 0.00 0.00 0.02 1.32 0.95 5.60 0.08 0.06 0.03 0.00 0.07 0.05 0.23 0.29 0.01 0.19 0.25 0.03 0.04 0.95 1.21 0.38 0.49 0.15 0.03 2.95 3.75 0.79 0.63 2.81 3.57 0.00 0.14 0.46 0.59 0.00 0.00 0.07 0.09 0.00 0.02 0.04 0.06 34.54 17.40 0.00 0.00 22.72 0.61 0.74 0.04 0.05 0.22 0.00 0.65 0.00 0.34 0.27 0.02 0.10 0.07 2.13 43.40 0.19 0.19 0.02 0.04 0.00 0.01 0.02 0.03 0.11 0.08 0.02 0.03 0.40 0.31 0.07 0.09 0.14 0.19 0.18 0.13 2.13 2.72 0.17 0.14 0.79 1.00 0.33 0.26 0.61 4.89

0.50 0.40 0.17 + 0.12 + 0.06 + 0.08 unch 0.09 0.12 0.16 0.12 0.06 0.07 unch 18.94 24.41 0.37 0.48 0.10 + 0.06 unch 0.08 0.10 unch 0.01 + 0.11 + 1.09 + 0.88 + 0.79 0.15 0.17 0.14 0.14 + 0.00 + 1.16 + 72.12 + 91.62 + 0.00 + 0.49 + 0.45 0.20 + 11.32 + 8.91 + 24.99 + 0.38 + 0.44 0.36 + 0.16 unch 0.25 + 2.92 3.73 0.15 0.20 0.02 + 0.29 0.23 0.23 unch 5.04 + 0.51 + 0.63 + 0.14 0.22 0.64 unch 0.52 + 0.05 + 0.05 unch 0.80 + 0.62 + 0.35 + 0.44 + 0.07 unch 0.06 unch 0.02 0.04 + 0.19 + 0.16 + 0.02 unch 0.13 0.41 + 0.28 + 14.75 + 11.62 + 0.12 + 0.10 + 0.02 0.02 1.40 + 1.18 + 5.82 + 0.08 unch 0.07 + 0.04 0.00 0.08 unch 0.05 0.23 0.30 0.02 0.20 0.26 0.03 + 0.04 unch 1.33 + 1.70 + 0.40 + 0.50 + 0.15 0.04 + 3.02 3.84 0.89 + 0.71 + 2.92 3.70 0.06 unch 0.14 unch 0.47 0.60 0.00 0.00 unch 0.10 + 0.13 + 0.02 + 0.03 + 0.04 + 0.06 unch 38.95 + 19.39 + 2.80 + 23.40 + 23.33 + 0.61 0.74 0.04 0.05 unch 0.26 + 21.75 + 0.67 0.52 + 0.37 0.29 0.03 0.11 0.08 2.20 + 47.48 + 0.19 unch 0.25 + 0.03 0.04 unch 0.00 0.01 unch 0.02 unch 0.04 + 0.11 + 0.08 + 0.02 unch 0.03 unch 0.46 0.35 0.08 + 0.11 + 0.17 + 0.20 + 0.18 0.13 2.21 + 2.79 + 0.23 + 0.17 + 0.88 + 1.11 + 0.34 0.26 0.64 5.01 +

0.01 0.98 0.23 0.02 1.22 0.16 0.01 0.17 0.10 0.01 0.25 0.08 0.00 0.07 0.01 0.00 0.10 0.02 0.01 0.21 0.04 0.02 0.29 0.06 0.01 0.24 0.04 0.01 0.18 0.03 0.00 0.12 0.03 0.00 0.16 0.05 1.50 20.82 7.68 1.71 26.75 11.10 0.04 0.50 0.03 0.05 0.60 0.04 0.02 0.22 0.06 0.00 0.14 0.06 0.01 0.12 0.02 0.00 0.16 0.02 0.01 0.01 0.01 0.01 0.22 0.03 0.15 1.60 0.52 0.16 1.18 0.36 0.07 1.20 0.38 0.03 0.37 0.12 0.01 0.38 0.10 0.01 0.28 0.07 0.09 0.15 0.06 0.00 0.01 0.00 0.05 1.37 0.06 1.61 89.23 31.00 2.03 117.35 43.25 0.00 0.00 0.00 0.06 0.53 0.12 0.10 0.67 0.12 0.03 1.34 0.17 0.20 15.52 4.43 0.16 11.58 3.34 1.94 26.20 5.16 0.02 0.52 0.17 0.02 0.74 0.16 0.12 0.36 0.05 0.00 0.18 0.01 0.08 0.54 0.06 0.25 3.50 0.72 0.32 4.65 1.00 0.02 0.19 0.03 0.01 0.25 0.03 0.00 0.04 0.00 0.02 0.71 0.09 0.01 0.56 0.05 0.00 0.63 0.13 0.56 11.52 2.63 0.04 1.24 0.21 0.04 1.60 0.31 0.04 0.29 0.05 0.04 0.36 0.12 0.00 0.81 0.28 0.02 0.61 0.24 0.00 0.19 0.01 0.00 0.12 0.03 0.05 1.45 0.27 0.04 1.13 0.23 0.05 0.38 0.09 0.05 0.49 0.12 0.00 0.14 0.03 0.00 0.11 0.02 0.01 0.03 0.00 0.01 0.04 0.01 0.01 0.26 0.04 0.01 0.19 0.02 0.00 0.03 0.01 0.03 0.19 0.03 0.10 0.45 0.02 0.03 0.31 0.05 1.06 15.25 6.29 0.89 11.88 4.33 0.01 0.24 0.09 0.02 0.18 0.04 0.01 0.12 0.00 0.01 0.03 0.01 0.15 1.51 0.34 0.23 21.22 0.35 0.22 6.52 3.09 0.00 0.10 0.02 0.00 0.08 0.01 0.01 0.06 0.03 0.00 0.05 0.00 0.00 0.10 0.02 0.01 0.07 0.02 0.01 0.31 0.08 0.02 0.42 0.10 0.00 0.02 0.00 0.01 0.38 0.02 0.01 0.50 0.04 0.00 0.08 0.01 0.00 0.06 0.03 0.37 2.19 0.10 0.48 2.98 0.14 0.02 0.57 0.07 0.02 0.72 0.10 0.03 0.62 0.06 0.00 0.06 0.01 0.21 3.90 1.00 0.24 5.12 1.39 0.09 0.92 0.12 0.08 0.72 0.08 0.10 3.26 0.64 0.15 4.19 0.86 0.00 0.08 0.01 0.00 0.26 0.07 0.01 0.59 0.07 0.01 0.78 0.10 0.00 0.02 0.00 0.00 0.07 0.00 0.03 0.12 0.03 0.04 0.16 0.04 0.00 0.05 0.00 0.01 0.07 0.01 0.00 0.08 0.02 0.00 0.10 0.01 6.15 38.95 12.56 2.59 19.39 5.91 0.38 3.25 1.75 1.00 38.94 15.44 0.71 38.50 12.66 0.01 1.16 0.43 0.06 1.51 0.26 0.00 0.07 0.01 0.00 0.09 0.02 0.06 0.49 0.02 2.35 21.75 7.30 0.02 1.68 0.05 0.01 0.91 0.39 0.04 0.57 0.10 0.02 0.43 0.07 0.01 0.05 0.00 0.03 0.22 0.07 0.02 0.15 0.05 0.06 2.20 0.04 3.71 72.57 21.80 0.00 0.31 0.13 0.06 0.41 0.10 0.00 0.09 0.02 0.00 0.12 0.02 0.01 0.38 0.00 0.00 0.29 0.01 0.00 0.03 0.01 0.01 0.04 0.01 0.01 0.21 0.04 0.00 0.15 0.03 0.00 0.04 0.01 0.00 0.05 0.02 0.08 0.60 0.07 0.07 0.55 0.05 0.01 0.11 0.02 0.03 0.13 0.04 0.02 0.23 0.11 0.01 0.31 0.14 0.03 0.35 0.04 0.00 0.24 0.06 0.06 2.63 0.53 0.05 3.42 0.76 0.04 0.34 0.13 0.02 0.25 0.10 0.09 0.95 0.46 0.09 1.20 0.23 0.03 0.41 0.11 0.03 0.33 0.08 0.11 0.97 0.32 0.01 5.63 0.60

(100s) Stock

Exc Volume

Week Low

6.20 6.35 0.08 0.10 + 0.12 0.13 + 0.65 0.65 unch 0.13 0.18 + 0.17 0.20 + 1.09 1.13 1.38 1.43 0.01 0.01 0.03 0.03 + 0.00 0.25 unch 0.03 0.04 + 0.04 0.04 0.14 0.14 0.18 0.19 0.01 0.01 + 4.00 4.65 + 0.10 0.13 + 0.14 0.18 + 0.04 0.08 + 0.55 0.57 + 0.43 0.46 + 0.00 0.00 unch 0.02 0.02 2.02 2.02 unch 0.01 0.23 + 0.28 0.30 + 0.00 11.62 + 14.71 15.10 + 2.77 2.88 + 3.40 3.65 + 0.71 0.78 0.91 0.98 0.00 0.09 + 0.05 0.06 0.06 0.06 0.04 0.05 0.82 0.83 1.05 1.05 0.00 0.06 + 0.09 0.10 + 0.20 0.42 + 0.01 0.02 + 0.08 0.08 unch 0.14 0.14 + 0.20 0.21 0.19 0.19 0.17 0.17 0.50 0.55 + 0.39 0.42 0.08 0.10 + 0.11 0.13 + 0.21 0.21 0.18 0.18 1.18 1.24 1.50 1.60 0.15 0.15 unch 0.10 0.10 0.07 0.08 unch 0.06 0.06 unch 2.82 3.00 0.00 0.05 unch 0.00 0.07 + 0.23 0.24 0.18 0.18 0.78 0.80 0.99 1.02 0.03 0.04 + 0.04 0.05 + 0.35 0.44 + 0.28 0.34 + 0.00 0.00 + 0.14 0.14 0.10 0.11 -

Artemis Gold Asante Gold* Asante Gold Asbestos Corp Ascendant Res* Ascendant Res Ascot Res * Ascot Res Ashanti Sanko* Ashanti Sanko AsiaBaseMetals Aston Bay* Aston Bay ATAC Res* ATAC Res Atacama Res* Atalaya Mining Athabasca Min* Athabasca Min Athena Silver* Atico Mining Atico Mining* Atlanta Gold* Atlantic Indus Atlas Cons Mng* Aton Resources* Aton Resources Aura Minerals* Aura Minerals Aurania Res* Aurania Res Aurcana Silver* Aurcana Silver AurCrest Gold AurCrest Gold* Aurelius Min Aurelius Min* Aurion Res * Aurion Res Aurora Royal Aurwest Res AURYN Mining* Aust Mines* Austin Res Austral Gold* Austral Gold AUX Resources AUX Resources* Auxico Res Auxico Res* Avalon Advance* Avalon Advance Avidian Gold Avidian Gold* Avino Silver* Avino Silver Avrupa Min Awale Res Axmin Inc Axmin Inc* Aya Gold* Azarga Metals* Azarga Metals Azarga Uranium Azarga Uranium* Azimut Explor* Azimut Explor Azincourt Ener* Azincourt Ener Aztec Minerals Aztec Minerals* Azteca Gold* Azucar Min Azucar Min*

V O C V O T O T O V V O V O V O T O V O V O O V O O V O T O V O V V O V O O V V C O O V O V V O C O O T V O X T V V V O O O V T O O V O V V O O V O

293 21 116 23 199 1513 763 1675 63 324 2 761 2279 470 1017 13372 24 61 512 1586 726 154 0 97 0 169 108 5 121 123 138 6578 8897 499 86 3124 98 438 606 2 700 93 1098 10 280 69 336 51 1550 161 3038 6989 384 80 10093 1151 164 138 926 5 86 110 51 8252 1068 65 408 1878 8237 3482 498 405 356 343

6.99 0.11 0.15 0.65 0.18 0.24 1.28 1.63 0.02 0.03 0.00 0.04 0.05 0.16 0.21 0.01 4.65 0.20 0.21 0.13 0.60 0.47 0.00 0.03 2.02 0.23 0.30 12.50 16.08 3.12 3.99 0.99 1.25 0.09 0.06 0.07 0.06 0.95 1.18 0.06 0.11 0.51 0.02 0.08 0.18 0.22 0.24 0.18 0.66 0.50 0.13 0.15 0.25 0.19 1.46 1.87 0.15 0.11 0.08 0.07 3.31 0.05 0.07 0.26 0.20 0.89 1.14 0.05 0.06 0.52 0.41 0.00 0.16 0.13

B2Gold Corp* B2Gold Corp Balto Res Bam Bam Res Bam Bam Res* Bannerman Res* Banyan Gold Banyan Gold* Barker Min* Barksdale Res* Barksdale Res Baroyeca Gold* Baroyeca Gold Barrick Gold* Barrick Gold Barsele Min* Barsele Min Baru Gold* Baru Gold Baselode Egy* Baselode Egy Batero Gold Batero Gold* Battle North* Battle North Bayhorse Silvr Bayhorse Silvr* BC Moly BC Moly * BCM Res* BCM Res Bear Creek Mng* Bear Creek Mng Bearclaw Cap Bearing Lith Bearing Lith* Beauce Gold Bell Copper Bell Copper* Belmont Res Belo Sun Mng Belo Sun Mng* BeMetals * BeMetals Benchmark Met* Benchmark Met Benton Res* Benton Res Benz Mining* Benz Mining Bessor Min Bird River Res Bitterroot Res* Bitterroot Res Black Dragon* Black Hills* Black Iron Black Iron* Black Mammoth* Black Mammoth Black Mountain Black Tusk Res* Black Tusk Res Blackheath Res Blackrock Gold Blackrock Gold* Blind Creek BLOX Inc* Blue Lagoon Blue Lagoon* Blue Moon Zinc* Blue Moon Zinc Blue River Res Blue River Res* Blue Sky Uran* Blue Sky Uran Blue Star Gold* Blue Star Gold Blue Thunder BlueBird Batt* BlueBird Batt Bluestone Res Bluestone Res* BMEX Gold BMEX Gold* Bold Ventures* Bold Ventures Bonanza Gold* Bond Resources BonTerra Res Boreal Metals Boreal Metals * Borneo Res Inv* Boundary Gold Boundary Gold* Bravada Gold Bravada Gold* Braveheart Res

X 49105 T 21820 V 391 C 55 O 14 O 4493 V 2140 O 363 O 276 O 526 V 662 O 12 V 330 N 146793 T 26123 O 30 V 264 O 700 V 4521 O 267 V 512 V 496 O 29 O 298 T 670 V 1285 O 449 V 8 O 0 O 8 V 327 O 494 V 1332 V 1 V 617 O 949 V 1020 V 331 O 26 V 1103 T 964 O 3748 O 63 V 290 O 250 V 1043 O 357 V 640 O 250 V 720 V 83 C 326 O 390 V 1458 O 13 N 2125 T 5438 O 260 O 1 V 130 V 64 O 741 C 7398 V 90 V 2449 O 2097 V 99 O 4703 C 2073 O 1442 O 589 V 3303 V 1057 O 739 O 1279 V 1986 O 43 V 304 V 1051 O 288 V 2032 V 1111 O 440 V 599 O 9 O 1 V 739 O 165152 C 115 V 611 V 4695 O 1114 O 37095 V 516 O 39 V 1678 O 1417 V 620

6.04 7.67 0.09 0.95 0.78 0.11 0.31 0.25 0.00 0.48 0.69 0.28 0.35 24.95 31.85 0.49 0.64 0.17 0.21 0.94 1.19 0.12 0.10 1.80 2.21 0.12 0.10 0.07 0.00 0.05 0.08 2.65 3.37 0.00 0.22 0.17 0.14 0.36 0.26 0.07 1.04 0.82 0.29 0.39 1.04 1.32 0.16 0.20 1.10 1.40 0.07 0.10 0.13 0.18 0.03 62.24 0.35 0.28 0.08 0.20 0.52 0.06 0.07 0.26 1.10 0.86 0.10 0.01 0.70 0.55 0.06 0.08 0.01 0.01 0.16 0.20 0.06 0.09 0.13 0.23 0.30 2.16 1.71 0.69 0.38 0.11 0.16 0.01 0.19 1.30 0.09 0.07 0.00 0.07 0.05 0.19 0.15 0.15

Last

12-month

High

Change

Stock

0.05 0.02 0.02 0.00 0.04 0.03 0.04 0.06 0.00 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.66 0.03 0.05 0.03 0.02 0.03 0.00 0.01 0.00 0.22 0.01 0.44 0.25 0.24 0.30 0.06 0.08 0.02 0.02 0.01 0.00 0.05 0.07 0.02 0.01 0.22 0.01 0.00 0.02 0.01 0.03 0.00 0.01 0.01 0.01 0.02 0.02 0.01 0.06 0.05 0.00 0.01 0.00 0.00 0.01 0.00 0.01 0.01 0.01 0.01 0.04 0.01 0.01 0.09 0.07 0.00 0.02 0.01

7.64 0.11 0.15 0.99 0.28 0.41 1.28 1.63 0.05 0.10 0.64 0.09 0.13 0.30 0.40 0.02 4.65 0.29 0.38 0.15 0.67 0.50 0.08 0.03 2.98 0.40 0.65 18.11 18.30 4.31 5.75 0.99 1.25 0.09 0.07 0.14 0.10 1.60 2.08 0.08 0.11 0.60 0.02 0.13 0.69 0.38 0.56 0.39 0.66 0.50 0.13 0.15 0.48 0.35 1.49 2.04 0.20 0.22 0.41 0.29 3.31 0.10 0.20 0.32 0.25 2.35 3.27 0.05 0.06 0.70 0.53 0.00 0.27 0.20

0.95 0.02 0.02 0.35 0.06 0.08 0.26 0.37 0.01 0.01 0.18 0.03 0.04 0.08 0.11 0.00 1.79 0.06 0.08 0.01 0.16 0.11 0.00 0.01 0.71 0.00 0.20 1.33 1.72 1.03 1.51 0.11 0.15 0.02 0.01 0.02 0.04 0.29 0.42 0.02 0.01 0.06 0.00 0.04 0.03 0.08 0.00 0.14 0.02 0.22 0.02 0.03 0.05 0.13 0.26 0.27 0.04 0.04 0.07 0.05 0.65 0.04 0.05 0.07 0.05 0.38 0.50 0.01 0.02 0.04 0.03 0.00 0.08 0.05

0.19 0.25 0.01 0.00 0.00 0.03 0.03 0.01 0.00 0.03 0.12 0.02 0.07 1.19 1.44 0.05 0.03 0.01 0.00 0.11 0.15 0.01 0.02 0.06 0.13 0.01 0.00 0.01 0.00 0.00 0.01 0.22 0.28 0.00 0.06 0.05 0.01 0.05 0.04 0.01 0.03 0.03 0.08 0.00 0.08 0.08 0.01 0.01 0.09 0.11 0.00 0.02 0.01 0.00 0.00 2.07 0.04 0.03 0.00 0.04 0.11 0.02 0.01 0.03 0.06 0.04 0.01 0.00 0.06 0.05 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.01 0.03 0.03 0.03 0.02 0.05 0.19 0.10 0.01 0.01 0.00 0.02 0.07 0.01 0.00 0.00 0.01 0.00 0.02 0.01 0.01

7.55 9.99 0.14 1.60 1.03 0.11 0.39 0.90 0.00 0.54 0.70 0.28 0.40 31.22 41.09 0.58 0.75 0.21 0.24 1.15 1.19 0.13 0.10 1.80 2.28 0.24 0.17 0.09 0.04 0.05 0.08 3.04 4.17 0.60 0.25 0.21 0.22 0.45 0.32 0.10 1.44 1.10 0.42 0.57 1.22 1.64 0.22 0.30 1.10 1.40 0.10 0.24 0.13 0.18 0.07 87.12 0.39 0.29 0.12 0.20 0.52 0.08 0.10 0.26 1.61 1.22 0.27 0.28 2.11 1.45 0.07 0.08 0.02 0.01 0.17 0.23 0.12 0.16 0.20 0.23 0.40 2.43 1.84 1.05 0.47 0.11 0.16 0.01 0.43 2.04 0.14 0.17 0.00 0.08 0.08 0.25 0.19 0.17

2.16 3.12 0.03 0.25 0.19 0.01 0.03 0.02 0.00 0.14 0.21 0.08 0.03 12.65 17.52 0.07 0.11 0.02 0.02 0.23 0.15 0.05 0.03 0.37 0.54 0.05 0.03 0.03 0.04 0.04 0.02 0.50 0.75 0.10 0.06 0.06 0.06 0.01 0.02 0.02 0.21 0.18 0.09 0.12 0.12 0.17 0.03 0.05 0.05 0.05 0.03 0.04 0.02 0.03 0.00 48.07 0.05 0.03 0.02 0.04 0.35 0.03 0.04 0.07 0.07 0.05 0.02 0.00 0.43 0.27 0.00 0.01 0.01 0.00 0.03 0.05 0.04 0.04 0.06 0.16 0.08 0.99 0.75 0.08 0.16 0.00 0.03 0.00 0.14 0.63 0.03 0.03 0.00 0.01 0.00 0.05 0.03 0.05

B 5.31 5.41 6.76 6.88 0.08 0.09 + 0.82 0.95 unch 0.72 0.75 0.07 0.11 + 0.23 0.25 0.18 0.19 0.00 0.00 unch 0.41 0.47 + 0.53 0.66 + 0.26 0.26 0.28 0.28 23.58 23.97 + 29.97 30.44 + 0.43 0.48 + 0.55 0.58 + 0.11 0.13 + 0.16 0.17 unch 0.74 0.74 0.94 0.95 0.12 0.12 + 0.08 0.10 + 1.52 1.55 1.95 1.95 0.10 0.10 0.08 0.09 0.06 0.06 0.00 0.04 unch 0.05 0.05 unch 0.07 0.08 + 2.18 2.24 2.78 2.85 0.00 0.25 unch 0.15 0.20 + 0.11 0.16 + 0.12 0.13 + 0.29 0.30 0.00 0.23 0.06 0.06 0.93 1.00 + 0.73 0.78 + 0.28 0.28 + 0.36 0.39 unch 0.84 0.86 1.07 1.12 0.13 0.14 + 0.17 0.18 + 0.81 0.92 + 0.95 1.17 + 0.06 0.06 unch 0.09 0.10 + 0.11 0.12 + 0.14 0.15 unch 0.03 0.03 unch 58.36 59.38 0.21 0.30 0.17 0.23 0.08 0.08 unch 0.11 0.20 + 0.40 0.51 + 0.05 0.06 + 0.06 0.07 + 0.20 0.26 + 0.86 0.94 + 0.68 0.74 + 0.07 0.10 0.00 0.00 + 0.59 0.60 0.46 0.47 0.05 0.06 + 0.07 0.08 unch 0.01 0.01 unch 0.00 0.01 + 0.12 0.14 0.16 0.17 0.05 0.05 0.08 0.08 0.10 0.11 0.18 0.20 + 0.23 0.25 + 1.97 1.99 + 1.55 1.60 + 0.46 0.64 + 0.37 0.37 0.10 0.10 0.12 0.13 0.00 0.00 + 0.14 0.17 1.19 1.21 0.07 0.08 0.06 0.06 0.00 0.00 + 0.05 0.05 0.03 0.04 + 0.15 0.15 0.11 0.11 0.14 0.15 +

(100s)

High Low

Week Last

12-month

Exc Volume

High

Low

Change

Braveheart Res* Bravo Multinat* Brazil Min* Brigadier Gold* Brigadier Gold BrightRock* Britannia Mng* Brixton Metals Brixton Metals* Brunswick Expl Bryn Res* BTU Metals BTU Metals* Buenaventura* Buffalo Coal Buffalo Coal * Bullfrog Gold Bullfrog Gold* Bullion Gold* Bunker Hill Bushveld Min* BWR Explor

O 222 O 82 O 1665215 O 736 V 1973 O 329 O 574 V 3240 O 2303 V 324 O 150 V 1548 O 119 N 6746 V 371 O 11 C 4400 O 3237 O 8 C 134 O 364 V 310

0.12 0.14 0.00 0.23 0.30 0.04 0.01 0.31 0.25 0.28 0.03 0.18 0.14 12.83 0.02 0.01 0.60 0.47 0.16 0.60 0.40 0.06

0.11 0.11 + 0.08 0.12 + 0.00 0.00 + 0.17 0.19 0.23 0.24 0.03 0.03 0.00 0.01 0.25 0.25 0.20 0.20 0.23 0.26 + 0.00 0.02 unch 0.16 0.16 0.13 0.13 10.96 11.25 0.01 0.02 + 0.01 0.01 + 0.41 0.50 + 0.32 0.38 + 0.13 0.13 0.51 0.54 + 0.24 0.32 0.04 0.05 +

C2C Gold* C3 Metals* C3 Metals Cabral Gold* Cabral Gold Cache Explor Cache Explor* Cadillac Vent* Cadillac Vent Caelan Capital* Caldas Gold* Caldas Gold Caledonia Mng* Calibre Mng* Calibre Mng California Gld California Gld* Callinex Mines Callinex Mines* Cameco Corp* Cameco Corp Cameo Cobalt* Camino Min Camino Min* Camrova Res* Canada Carbon Canada Carbon* Canada Nickel Canada Nickel* Canada One* Canada One Canada Rare Canada Rare* Canada Silver Canada Silver* Canadian Metal* Canadian Metal Canadian Prem* Canadian Prem Canadian Silv Canagold Res Canagold Res* CanAlaska Uran CanAlaska Uran* Canamex Gold* Canasil Res Candelaria Mg* Candelaria Mg Candente Coppr Candente Gold* Candente Gold CANEX Metals * CANEX Metals CaNickel Mng* CaNickel Mng Canoe Mng Vent Canstar Res* Canstar Res Canterra Mnls* Canterra Mnls Cantex Mn Dev* Cantex Mn Dev Canuc Res Canuc Res* Capella Min* Capella Min Capitan Mining Capitan Mining* Capstone Mng Cardero Res Cardero Res* Cardinal Res* Cardinal Res Cariboo Rose Carlin Gold Carlyle Comm* Carrara Explor Cartier Iron Cartier Res* Cartier Res Casa Minerals Casa Minerals * Cascadero Copp Cassiar Gold Castle Peak Mg CAT Strategic Cdn Goldcamps Cdn Goldcamps* Cdn Palladium* Cdn Palladium CellCube Enrgy* Centamin Centaurus Diam* Centerra Gold Central Afric Central Afric* Central Iron Century Cobalt* Century Global Cerro de Pasc * Cerro de Pasc Cerro Grande* Cerro Grande Ceylon Graph Chakana Copper Chakana Copper* Chalice Gold M* Champion Bear* Champion Bear Champion Iron* Champion Iron Chatham Rock Chatham Rock* Chesapeake Gld* Chesapeake Gld Chevron Corp* Chiboug Ind Mn Chiboug Ind Mn* Chilean Metals Chilean Metals* China Gold Int Clarity Gold Clarity Gold* Class 1 Nickel Clean Air Met Clean Comm* Cleghorn Mnls Cleghorn Mnls* Cleveland-Clif* Cliffmont Res Clifton Mng* Clydesdale Res CMC Metals* CMC Metals CNRP Mng Cobalt Block* Cobalt Block Coeur Mng* Colibri Res* Colibri Res Colombia Crest Colombia Crest* Colonial Coal Commander Res Commander Res* Commerce Res Commerce Res* Compass Gold* Compass Gold Comstock Mng*

O O V O V V O O V O O V X O T C O V O N T O V O O V O V O O V V O V O O C O V V T O V O O V O V T O V O V O V V O V O V O V V O O V V O T V O O T V V O C C O V V O V V V C C O O C O T O T V O V O T O C O C V V O O O V O T V O O V N V O V O T C O C V O V O N V O V O V C O V N O V V O V V O V O O V X

0.16 0.10 0.14 0.69 0.88 0.31 0.25 0.01 0.03 0.19 1.99 2.58 18.58 2.04 2.61 0.14 0.12 2.39 1.92 14.87 18.91 0.20 0.10 0.09 0.01 0.20 0.16 2.29 1.80 0.03 0.04 0.11 0.09 0.61 0.48 0.10 0.12 0.15 0.30 0.07 0.86 0.66 0.55 0.43 0.03 0.14 0.48 0.64 0.27 0.06 0.08 0.16 0.22 0.09 0.17 0.18 0.28 0.40 0.34 0.45 0.77 0.97 0.23 0.18 0.07 0.10 0.28 0.22 2.95 0.05 0.04 0.81 1.09 0.09 0.06 0.13 0.04 0.14 0.28 0.35 0.19 0.15 0.04 0.75 0.01 0.07 0.11 0.00 0.13 0.17 0.09 2.37 0.06 16.00 0.22 0.16 0.07 0.03 0.17 0.30 0.38 0.01 0.02 0.25 0.64 0.51 3.61 0.10 0.12 4.26 5.13 0.10 0.00 4.44 5.69 92.43 0.18 0.14 0.38 0.28 1.94 1.22 1.00 0.92 0.49 0.27 0.11 0.08 18.60 0.10 0.35 0.06 0.21 0.26 0.65 0.08 0.10 11.17 0.06 0.07 0.44 0.35 0.92 0.21 0.17 0.33 0.26 0.21 0.30 1.23

Stock

0.00 0.02 0.00 0.01 0.02 0.00 0.00 0.05 0.03 0.03 0.00 0.02 0.01 0.94 0.01 0.00 0.09 0.05 0.03 0.02 0.04 0.01

0.13 0.45 0.00 0.45 0.62 0.04 0.03 0.57 0.42 0.28 0.06 0.43 1.00 14.65 0.03 0.02 0.60 0.35 0.19 1.01 0.60 0.06

0.03 0.05 0.00 0.07 0.05 0.00 0.00 0.08 0.05 0.05 0.02 0.10 0.00 5.12 0.01 0.00 0.08 0.05 0.01 0.10 0.00 0.02

0.00 0.02 0.01 0.11 0.07 0.02 0.01 0.00 0.01 0.00 0.08 0.09 0.96 0.17 0.22 0.01 0.01 0.08 0.00 0.91 1.10 0.04 0.01 0.01 0.00 0.01 0.01 0.35 0.30 0.00 0.01 0.02 0.02 0.03 0.02 0.03 0.03 0.00 0.12 0.01 0.09 0.08 0.04 0.04 0.01 0.01 0.01 0.11 0.08 0.01 0.01 0.04 0.03 0.00 0.01 0.00 0.01 0.01 0.07 0.01 0.04 0.03 0.02 0.03 0.01 0.01 0.03 0.02 0.51 0.01 0.01 0.02 0.01 0.01 0.01 0.03 0.00 0.02 0.01 0.02 0.00 0.00 0.01 0.09 0.00 0.01 0.02 0.00 0.01 0.01 0.04 0.06 0.02 0.21 0.01 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.00 0.03 0.04 0.00 0.50 0.00 0.01 0.16 0.30 0.01 0.00 0.16 0.20 6.63 0.02 0.02 0.02 0.02 0.06 0.04 0.04 0.02 0.04 0.03 0.01 0.00 3.48 0.00 0.05 0.01 0.02 0.03 0.05 0.01 0.01 0.76 0.00 0.01 0.14 0.15 0.03 0.02 0.03 0.01 0.00 0.03 0.04 0.10

0.17 0.10 0.14 0.70 0.88 0.32 2.08 0.04 0.05 1.00 9.60 3.07 29.39 2.40 2.80 0.40 0.30 4.15 3.10 14.87 18.91 0.25 0.19 0.15 0.10 0.39 0.28 3.00 2.24 0.05 0.06 0.12 0.09 0.73 0.57 0.15 0.18 0.20 0.70 0.16 0.95 0.78 0.55 0.43 0.07 0.26 0.48 0.68 0.27 0.08 0.11 0.25 0.33 0.19 0.27 0.30 0.29 0.40 0.35 0.48 1.29 1.76 0.26 0.19 0.09 0.12 0.50 2.00 2.95 0.07 0.07 0.81 1.09 0.10 0.07 0.33 0.10 0.14 0.30 0.35 0.19 0.15 0.06 1.20 0.03 0.07 0.55 0.35 0.18 0.23 0.15 4.04 0.10 19.59 0.43 0.34 0.25 0.03 0.28 0.38 0.50 0.05 0.06 0.32 0.80 0.61 3.60 0.16 0.27 4.26 5.13 0.32 0.18 5.75 7.61 119.09 0.18 0.14 0.38 0.28 2.00 1.31 1.10 1.10 0.49 0.31 0.12 0.08 18.60 0.13 0.35 0.06 0.21 0.26 0.77 0.08 0.10 11.43 0.07 0.10 0.44 0.35 0.94 0.21 0.17 0.38 0.26 0.46 0.60 2.12

0.01 0.03 0.01 0.05 0.07 0.04 0.00 0.01 0.01 0.06 1.30 1.30 6.51 0.00 0.46 0.11 0.08 0.32 0.22 5.30 7.69 0.00 0.08 0.05 0.00 0.07 0.06 0.38 0.67 0.01 0.02 0.03 0.02 0.25 0.18 0.05 0.01 0.12 0.10 0.05 0.03 0.50 0.09 0.06 0.00 0.05 0.03 0.05 0.02 0.01 0.01 0.07 0.10 0.04 0.04 0.10 0.00 0.02 0.12 0.05 0.33 0.46 0.04 0.03 0.02 0.02 0.21 0.16 0.33 0.02 0.01 0.15 0.20 0.04 0.01 0.00 0.01 0.03 0.05 0.07 0.02 0.03 0.01 0.23 0.01 0.01 0.09 0.07 0.05 0.06 0.01 1.52 0.02 5.52 0.05 0.02 0.01 0.00 0.05 0.18 0.24 0.00 0.01 0.06 0.08 0.05 0.08 0.08 0.09 0.77 0.96 0.06 0.04 1.01 1.40 51.60 0.05 0.07 0.03 0.01 0.45 0.22 0.68 0.50 0.27 0.05 0.04 0.04 2.63 0.05 0.07 0.01 0.02 0.03 0.06 0.02 0.03 1.98 0.03 0.04 0.05 0.05 0.21 0.05 0.04 0.11 0.07 0.10 0.14 0.33

Comstock Mtls Comstock Mtls * Condor Gold* Condor Gold Condor Res* Condor Res Confedertn Ml* Confedertn Mls Conic Metals Conic Metals* Conquest Res * Conquest Res Cons Woodjam CONSOL Coal Rs* CONSOL Energy* CONSOL Energy* Constantine Mt* Constantine Mt Contact Gold* Contact Gold Contact Mnrls* CopAur Min CopAur Min* Copper Fox Mtl Copper Fox Mtl* Copper Lake Rs Copper Mtn Mng* Copper Mtn Mng Copper One * Copperbank Res Copperbank Res* Cordoba Mnls* Cordoba Mnls Core Assets Cornerstone Ca Cornerstone Ca* Corsa Coal * Corsa Coal Cortus Metals Corvus Gold* Corvus Gold Crest Resource Crest Resource* Crestview Expl Critical Elem* Critical Elem Cross River* Cross River Crown Mining Crown Mining* Cruz Cobalt* Cruz Cobalt Crystal Peak* CTGX Mining* Currie Rose Rs Cyon Explor Cypress Dev* Cypress Dev

V O O T O V O V V O O V V N N N O V O V O V O V O V O T O C O O V C V O O V V D T C O C O V O C V O O C O O V V O V

Dajin Lithium* Dajin Res Dakota Ter Res* Damara Gold Damara Gold* Danakali* Debut Dmds Decade Res Decade Res* Deep-South Res* Deep-South Res DeepRock Min Defense Metals* Defense Metals Defiance Silvr Defiance Silvr* Delrand Res Denison Mines Denison Mines* Desert Gold* Desert Gold Desert Mtn Egy Diamante Min* Diamcor Mng Diamcor Mng* Diamond Disc* Diamond Fields Diamond Fields* Dios Expl Discovery Harb* Discovery Harb Discovery Met* Discovery Met Discovery Min* Discovery-Corp District Cop District Cop* District Metal* District Metal District Mines Ditem Explor* Diversified Rs* Dixie Gold DNI Metals* Dolat Ventures* Dolly Vard Sil* Dolly Vard Sil Dore Copper Doubleview Gld Doubleview Gld* DRDGOLD* Dundee Prec Mt Durango Res* Durango Res DV Resources Dynacor Gld Mn Dynacor Gld Mn* Dynamic Gold* DynaResource* Dynasty Gold Dynasty Gold* E3 Metals* E3 Metals E79 Res Eagle Graphite* Eagle Graphite Eagle Plains Earl Res East Africa * East Africa EastCoal Inc Eastern Platin* Eastern Platin Eastfield Res* Eastfield Res Eclipse Gold Eclipse Gold* Eco Oro Mnls* Eco Oro Mnls Edgemont Gold Edgewater Expl Edison Cobalt* Edison Cobalt El Capitan Prc* El Nino Vent* El Nino Vent Elcora Adv Mat Elcora Res* Eldorado Gold* Eldorado Gold Eloro Res* Eloro Res Ely Gold Royal Ely Gold Royal* Elysee Dev Elysee Dev * Emerita Res Emerita Res* Emgold Mining* Emgold Mining EMX Royalty EMX Royalty* Encanto Potash* Encanto Potash EnCore Energy Endeavour Mng* Endeavour Mng Endeavr Silver* Endeavr Silver Endurance Gold* Endurance Gold Enduro Metals Enduro Metals* Energy Fuels*

C 289 143 5397 349 2121 2682 2112 1 1274 5 142 169 466 411 1818 47 42 82 168 28710 8396 29 707 34 1 337 41 1920 512 1 33 2757 304 3206 1091 1 196 8 176 170 630 163 1563 1117 43 1096 8 23 6574 16 529 29 499 4 20 352 12 114 44 169 19 76 359 96 116 3898 257 168 5239 162 34 5 2764 168 91 43 5725 1022 749 1566 108 3 174 523 30 986 498 0 773 879 9266 388 402 3968 111 1 555 45 4 51 504 50 93 941 342 513 105 351 385 652 2428 15 0 114 194 56945 222 16 1258 50 164 279 34 29 2218 109 744 3 94083 18 125 10 624 2127 2339 445 2834 28308 24 321 260 37 360 715 263 388 53 22 327 4151

0.13 0.08 0.10 0.55 0.76 0.24 0.18 0.00 0.03 0.19 1.77 2.26 16.50 1.70 2.16 0.12 0.09 2.09 1.65 13.18 16.82 0.15 0.10 0.00 0.00 0.18 0.00 1.90 1.48 0.03 0.00 0.08 0.06 0.52 0.41 0.07 0.09 0.00 0.19 0.06 0.66 0.52 0.43 0.33 0.01 0.12 0.46 0.55 0.15 0.03 0.06 0.13 0.15 0.09 0.13 0.18 0.27 0.00 0.00 0.00 0.73 0.90 0.19 0.00 0.06 0.07 0.24 0.18 2.41 0.04 0.00 0.81 1.00 0.08 0.05 0.10 0.03 0.12 0.23 0.29 0.00 0.15 0.00 0.63 0.01 0.04 0.09 0.00 0.11 0.14 0.03 2.20 0.00 14.36 0.19 0.15 0.05 0.01 0.00 0.29 0.36 0.01 0.02 0.20 0.58 0.45 3.15 0.08 0.11 3.60 4.61 0.00 0.00 3.90 4.98 83.89 0.17 0.12 0.25 0.20 1.84 1.13 0.90 0.82 0.38 0.21 0.10 0.08 14.17 0.00 0.23 0.06 0.15 0.20 0.56 0.05 0.06 9.33 0.05 0.00 0.23 0.19 0.84 0.16 0.15 0.30 0.24 0.00 0.21 1.03

0.15 0.10 + 0.13 + 0.66 + 0.78 + 0.28 0.22 0.01 unch 0.03 + 0.19 unch 1.83 2.34 16.84 + 1.74 2.20 0.13 + 0.10 + 2.22 1.75 unch 14.31 + 18.15 + 0.19 + 0.10 0.07 0.01 + 0.19 + 0.16 + 2.29 + 1.80 + 0.03 + 0.04 + 0.08 0.06 0.55 0.43 0.10 + 0.11 + 0.15 unch 0.30 + 0.07 + 0.68 0.54 0.53 + 0.42 + 0.01 0.12 + 0.46 0.57 0.24 + 0.04 + 0.07 + 0.15 + 0.18 + 0.09 unch 0.17 + 0.18 unch 0.27 0.37 0.34 + 0.36 0.74 + 0.95 + 0.23 + 0.18 + 0.07 + 0.08 0.24 0.19 2.89 + 0.05 + 0.04 + 0.81 + 1.05 + 0.09 + 0.05 0.13 + 0.03 unch 0.12 0.24 0.30 0.18 unch 0.15 unch 0.04 + 0.64 0.01 unch 0.06 + 0.09 0.09 unch 0.11 0.14 0.05 2.22 + 0.02 14.53 0.20 + 0.15 0.06 unch 0.02 + 0.17 unch 0.29 0.37 0.01 unch 0.02 unch 0.25 + 0.64 + 0.47 3.38 + 0.10 0.11 3.82 + 4.91 + 0.10 + 0.05 unch 3.97 5.06 91.08 + 0.18 + 0.14 + 0.26 0.23 + 1.88 + 1.22 + 0.95 + 0.90 0.40 + 0.24 0.10 0.08 unch 18.04 + 0.10 unch 0.25 0.06 + 0.16 0.20 0.61 + 0.06 + 0.08 + 9.59 0.06 0.07 0.40 + 0.35 + 0.85 0.21 + 0.17 + 0.32 0.26 + 0.20 + 0.24 + 1.14 +

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

42 51 21 33 561 1614 21 349 1309 528 68 361 1524 238 2822 22193 37 59 294 1658 20 174 1 1048 274 853 635 6287 2840 2287 1502 98 784 18 123 74 69 74 1214 1113 1079 712 295 197 282 1779 15 285 594 144 109 1125 615 3 145 229 2712 4788

0.13 0.12 0.77 1.05 0.26 0.33 1.28 1.60 0.52 0.41 0.15 0.20 0.28 4.97 7.80 12.45 0.21 0.20 0.10 0.13 0.03 0.24 0.16 0.42 0.34 0.04 1.92 2.42 0.39 0.37 0.29 0.07 0.08 0.12 5.48 4.32 0.30 0.38 0.19 2.66 3.37 0.10 0.09 0.57 0.77 0.98 0.25 0.34 0.12 0.09 0.05 0.06 0.01 0.20 0.05 0.33 1.31 1.66

+ 0.13 0.13 + 0.08 0.11 0.69 0.73 + 0.00 1.04 + 0.18 0.22 + 0.23 0.30 1.07 1.09 1.35 1.38 + 0.47 0.50 0.36 0.37 unch 0.14 0.14 0.17 0.17 + 0.19 0.24 4.61 4.73 unch + 6.51 7.56 + 10.93 12.10 + 0.00 0.15 + 0.17 0.19 0.08 0.08 0.11 0.11 0.01 0.01 + 0.13 0.23 0.16 0.16 unch + 0.34 0.39 + 0.26 0.30 0.04 0.04 + 1.42 1.85 + 1.83 2.36 0.25 0.29 + 0.25 0.36 + 0.19 0.28 0.06 0.06 0.08 0.08 unch + 0.10 0.12 + 4.89 5.25 + 3.80 4.14 + 0.26 0.28 + 0.35 0.38 0.15 0.15 + 2.31 2.41 + 2.95 3.06 0.09 0.10 0.08 0.08 + 0.47 0.57 + 0.55 0.69 + 0.70 0.88 0.23 0.23 0.28 0.28 + 0.10 0.12 0.00 0.08 + 0.03 0.04 + 0.05 0.06 + 0.01 0.01 0.00 0.20 unch + 0.04 0.05 0.28 0.30 + 0.70 1.25 + 0.90 1.58

1759 O 1427 V 237 O 591 V 261 O 260 O 56 C 5802 V 1463 O 32 O 2495 V 290 C 2855 O 4356 V 2998 V 1732 O 456 V 9827 T X 21080 31 O 1164 V 296 V 154 O 1108 V 546 O 397 O 167 V 158 O 1292 V 186 O 2134 V 2045 O 5648 V O 663596 108 V 883 V 1 O 258 O 963 V 256 V 88 O 400 O 437 V 903 O 13 O 1896 O 1522 V 929 V 1826 V 241 O 2045 N 3128 T 118 O 1518 V 200 V 183 T 65 O 1 O 83 O 109 V 14 O 769 O 1179 V 43 C 21 O 287 V 1194 V 21 V 27 O 4486 V 4 V 188 O 656 T 27 O 812 V 691 V 229 O 52 O 40 C 230 C 50 V 32 O 3907 V 1677 O 20 O 20 V 159 V 200 O N 19167 6100 T 577 O 1523 V 1028 V 1456 O 677 V 885 O 2075 V 54 O 827 O 2563 V 224 V 2030 X 14 O 215 V 4052 V 145 O 4223 T N 31320 6350 T 167 O 688 V 1784 V 692 O X 25749

0.06 0.08 0.44 0.16 0.10 0.26 0.25 0.12 0.09 0.16 0.20 0.07 0.31 0.39 1.05 0.83 0.09 1.04 0.83 0.15 0.23 1.75 0.02 0.11 0.09 0.00 0.18 0.14 0.11 0.06 0.08 1.79 2.29 0.00 0.08 0.02 0.01 0.44 0.55 0.16 0.00 0.00 0.35 0.02 0.07 0.77 0.98 1.01 0.28 0.21 13.29 9.95 0.08 0.10 0.10 1.84 1.45 1.90 1.00 0.09 0.06 0.99 1.25 0.80 0.05 0.07 0.17 0.37 0.28 0.35 0.10 0.35 0.44 0.07 0.09 0.57 0.53 0.04 0.05 0.20 0.24 0.04 0.06 0.01 0.03 0.05 0.08 0.06 14.48 18.43 1.80 2.29 1.22 0.98 0.69 0.55 0.22 0.16 0.07 0.09 4.83 3.81 0.04 0.06 1.07 26.13 33.37 5.85 7.43 0.14 0.18 0.22 0.17 4.54

High Low

0.02 0.03 0.01 0.14 0.05 0.08 0.13 0.18 0.02 0.00 0.00 0.02 0.04 0.00 0.35 1.30 0.01 0.02 0.01 0.01 0.01 0.09 0.00 0.06 0.03 0.01 0.43 0.55 0.03 0.12 0.09 0.00 0.00 0.02 0.20 0.22 0.00 0.03 0.04 0.03 0.04 0.01 0.01 0.08 0.15 0.19 0.06 0.06 0.02 0.01 0.00 0.01 0.00 0.00 0.01 0.03 0.56 0.70

0.13 0.17 2.59 1.40 0.50 0.44 2.06 2.78 0.55 0.41 0.26 0.36 0.30 11.92 13.56 14.19 0.24 0.29 1.00 0.28 0.05 0.27 0.16 0.47 0.35 0.04 1.92 2.42 0.69 0.37 0.29 0.10 0.14 0.20 6.53 5.00 0.32 0.42 0.35 3.29 4.26 0.22 0.12 2.60 0.79 1.02 0.34 0.50 0.15 0.12 0.05 0.07 0.05 0.20 0.06 0.38 0.88 1.66

0.05 0.01 0.03 0.34 0.00 0.04 0.17 0.21 0.12 0.09 0.12 0.05 0.02 2.78 3.35 4.26 0.09 0.12 0.00 0.08 0.01 0.07 0.11 0.01 0.03 0.01 0.19 0.28 0.01 0.10 0.12 0.03 0.05 0.07 1.36 1.08 0.08 0.12 0.15 0.72 0.99 0.04 0.08 0.29 0.16 0.17 0.23 0.17 0.02 0.01 0.01 0.03 0.00 0.00 0.02 0.20 0.08 0.11

0.01 0.01 0.04 0.02 0.03 0.02 0.03 0.01 0.01 0.03 0.03 0.01 0.09 0.11 0.06 0.03 0.01 0.16 0.14 0.02 0.02 0.06 0.00 0.03 0.02 0.00 0.01 0.01 0.00 0.01 0.01 0.02 0.04 0.00 0.02 0.00 0.00 0.04 0.05 0.05 0.00 0.00 0.05 0.01 0.01 0.08 0.12 0.17 0.00 0.01 0.48 0.02 0.00 0.00 0.00 0.03 0.07 0.40 0.13 0.00 0.00 0.24 0.32 0.06 0.02 0.02 0.02 0.01 0.12 0.10 0.00 0.05 0.06 0.01 0.02 0.02 0.02 0.00 0.01 0.06 0.00 0.00 0.03 0.00 0.00 0.01 0.01 0.00 0.10 0.20 0.12 0.10 0.03 0.03 0.15 0.12 0.02 0.01 0.01 0.01 0.10 0.02 0.00 0.01 0.02 0.73 0.84 0.13 0.20 0.03 0.02 0.00 0.00 0.25

0.06 0.08 0.96 0.16 0.10 0.43 0.25 0.14 0.10 0.16 0.20 0.09 0.24 0.39 1.05 0.83 0.62 1.04 0.83 0.26 0.35 2.11 0.03 0.20 0.15 0.01 0.25 0.17 0.24 0.13 0.18 2.14 2.84 0.00 0.14 0.03 0.02 0.44 0.55 0.16 0.01 0.03 0.41 0.05 0.13 0.91 1.17 1.45 0.34 0.26 18.05 10.73 0.13 0.18 0.20 2.62 1.98 3.00 1.10 0.14 0.11 1.31 1.73 0.95 0.06 0.08 0.18 0.40 0.28 0.35 0.10 0.44 0.72 0.07 0.09 0.96 0.80 0.08 0.10 0.20 0.24 0.05 0.06 0.02 0.05 0.07 0.19 0.14 14.49 18.90 1.87 2.39 2.09 1.54 0.69 0.55 0.40 0.23 0.12 0.16 4.83 3.81 0.08 0.10 1.13 30.33 39.21 5.85 7.43 0.14 0.18 0.38 0.28 4.82

0.01 0.02 0.06 0.02 0.01 0.16 0.07 0.01 0.00 0.02 0.03 0.01 0.03 0.07 0.06 0.03 0.07 0.24 0.19 0.05 0.05 0.14 0.01 0.06 0.05 0.00 0.09 0.04 0.05 0.02 0.03 0.16 0.22 0.00 0.06 0.01 0.00 0.09 0.12 0.06 0.00 0.00 0.07 0.00 0.03 0.12 0.17 0.45 0.04 0.04 3.06 3.20 0.03 0.04 0.05 0.99 0.70 1.00 0.25 0.04 0.03 0.11 0.19 0.02 0.01 0.02 0.07 0.09 0.07 0.08 0.09 0.12 0.18 0.02 0.03 0.40 0.31 0.02 0.04 0.10 0.04 0.01 0.02 0.00 0.01 0.02 0.02 0.01 4.60 6.29 0.17 0.20 0.40 0.31 0.28 0.19 0.02 0.05 0.03 0.03 1.54 1.18 0.01 0.01 0.08 11.02 15.68 0.99 1.30 0.02 0.03 0.05 0.04 0.78

D-F 0.04 0.06 0.38 0.13 0.00 0.23 0.19 0.09 0.07 0.11 0.16 0.05 0.19 0.25 0.77 0.61 0.07 0.85 0.66 0.00 0.17 1.48 0.02 0.08 0.06 0.00 0.14 0.11 0.10 0.05 0.05 1.43 1.83 0.00 0.07 0.01 0.01 0.37 0.47 0.10 0.00 0.00 0.27 0.00 0.05 0.61 0.77 0.82 0.24 0.18 10.94 8.96 0.07 0.08 0.10 1.76 1.35 1.12 0.55 0.09 0.06 0.68 0.86 0.70 0.00 0.05 0.15 0.00 0.22 0.25 0.00 0.00 0.35 0.00 0.07 0.53 0.38 0.04 0.05 0.14 0.24 0.02 0.03 0.01 0.03 0.04 0.07 0.05 12.96 16.52 1.36 1.73 1.05 0.83 0.50 0.39 0.17 0.15 0.05 0.07 4.14 3.28 0.04 0.00 0.85 23.35 29.96 4.72 6.01 0.11 0.13 0.20 0.16 3.83

+ 0.06 + 0.07 0.42 0.14 + 0.10 + 0.25 + 0.21 0.09 0.08 + 0.16 + 0.19 + 0.06 + 0.28 + 0.36 0.84 + 0.74 0.08 + 1.00 + 0.79 + 0.14 0.17 + 1.56 0.02 + 0.10 + 0.08 + 0.00 0.14 0.11 0.10 unch 0.05 0.06 1.52 1.92 + 0.00 + 0.08 0.02 unch 0.01 unch 0.38 0.48 + 0.14 0.00 0.00 unch 0.30 + 0.02 + 0.07 0.63 0.80 0.83 0.26 unch + 0.21 11.25 9.13 0.07 0.09 unch 0.10 unch + 1.82 + 1.45 1.50 0.65 0.09 unch 0.06 unch + 0.92 + 1.18 + 0.80 + 0.05 + 0.07 + 0.16 0.36 + 0.28 + 0.32 0.10 unch 0.28 0.35 + 0.06 + 0.09 0.53 0.42 0.04 0.05 + 0.20 0.24 unch + 0.04 + 0.06 + 0.01 0.03 unch 0.04 + 0.08 0.06 13.17 16.67 1.52 1.97 1.10 0.86 + 0.64 + 0.51 0.20 0.15 0.05 0.07 4.21 3.33 + 0.04 + 0.06 0.92 + 24.01 + 30.46 4.91 6.23 + 0.14 + 0.16 0.20 unch + 0.16 4.01

GLOBAL MINING NEWS

(100s) Stock

Exc Volume

Energy Fuels Engineer Gold Engold Mines Engold Mines* Ensurge* Entree Res* Entree Res Equinox Gold* Equinox Gold Equitorial Ex Equitorial Ex* Equity Metals* Equity Metals Erdene Res Dev* Erdene Res Dev Erin Ventures* Erin Ventures Ero Copper Ero Copper* Eros Res Corp* Eros Res Corp Eros Res Corp Eskay Mng* Eskay Mng Essex Minerals Ethos Gold* Ethos Gold Etruscus Res Etruscus Res* Euro Manganese Euro Sun Mg* Euro Sun Mg EurOmax Res* EurOmax Res European Elect* European Elect European Metal* Eurotin Evergold Evergold* Everton Res* EVI Global Grp Evolving Gold Evolving Gold* Evrim Res Excellon Res* Excellon Res Excelsior Mng* Excelsior Mng ExGen Res Inc ExGen Res Inc* Explorex Res Explorex Res* Fabled Copper Fairmile Gold* Fairmont Res* Falco Res Falco Res * Falcon Gold Falcon Gold* Fancamp Expl Far Res* Far Res FenixOro Gold FenixOro Gold* Fidelity Min Filo Mg Corp Filo Mg Corp * Finlay Minrls Fiore Gold* Fiore Gold* Fiore Gold Fire River Gol* FireFox Gold FireFox Gold* Firestone Vent Fireweed Zinc Fireweed Zinc* First Cobalt First Cobalt * First Energy First Energy* First Majestic* First Majestic First Mg Fin * First Mg Fin First Point* First Quantum First Vanadium First Vanadium* Fission 3.0 Fission 3.0* Fission Uran* Fission Uran Five Star Diam Five Star Diam* Fjordland Exp* Fjordland Exp Flow Metals Flowery Gold* Focus Graphite* Focus Graphite Fokus Mining Foran Mng Forsys Metals Fort St J Nick Fort St James* Fortescue Met* Fortuna Silvr Fortuna Silvr* Fortune Bay Fortune Bay* Fortune Mnrls* Fortune Mnrls Forum Energy Forum Energy* Fosterville Four Nines Four Nines* Fox River Res Fox River Res* FPX Nickel Franco-Nevada* Franco-Nevada Franklin Mng* Freegold Vent Freeman Gold Freeman Gold* Freeport McMoR* Freeport Res Fremont Gold Fresnillo plc* Frontier Lith Frontline Gold Fury Gold* Fury Gold Fuse Cobalt* Fuse Cobalt

T 5235 V 806 V 322 O 210 O 9 O 560 T 501 X 7590 T 5223 V 221 O 2 O 927 V 2405 O 678 T 2188 O 132 V 1643 T 2091 O 81 O 173 V 529 V 529 O 1244 V 2331 V 896 O 445 V 949 C 40 O 215 V 880 O 408 T 2026 O 51 T 1042 O 113 V 88 O 0 V 700 V 600 O 98 O 17 C 3458 C 80 O 3 V 742 X 514 T 484 O 439 T 515 V 105 O 5 C 10 O 10 V 10814 O 1 O 25 V 934 O 233 V 1025 O 210 V 1776 O 176 C 3821 C 423 O 911 V 358 V 178 O 8 V 211 O 582 O 1152 V 2441 O 8 V 502 O 191 V 667 V 640 O 43 V 13342 O 6783 C 159 O 135 N 42738 T 8104 O 4442 T 4459 O 516 T 13293 V 407 O 513 V 2779 O 313 O 4742 T 8940 V 146 O 125 O 125 V 200 C 1237 O 2 O 6754 V 5219 V 1690 V 5392 T 976 V 3 O 0 O 60 T 5972 N 30069 V 21 O 13 O 1267 T 3927 V 2433 O 1756 V 1393 C 89 O 300 C 81 O 10 V 1198 N 3213 T 1826 O 512 T 3557 C 1284 O 100 N 155250 V 779 V 1582 O 109 V 2284 V 1672 X 1556 T 784 O 1230 V 7725

G2 Goldfields* G2 Goldfields Gabriel Res Gabriel Res* Gaia Metals* Gaia Metals Gainey Capital Galane Gold * Galane Gold Galantas Gold* Galantas Gold Galiano Gold Galiano Gold* Galleon Gold* Galleon Gold Galore Res Galway Gold * Galway Gold Galway Mtls* Galway Mtls Gambier Gold* Gambier Gold Garibaldi Res * Garibaldi Res Gatling Explor Gatos Silver Gatos Silver* Generation Min Generation Min* Generic Gold Genesis Mtls* Genesis Mtls Genius Metals Gensource Pot Gentor Res Gentor Res* Geomega Res* Geomega Res Gespeg Res Getchell Gold * Getchell Gold

O V V O O V V O V O V T X O V V O V O V O V O V V T N T O C O V C V V O O V V O C

THE NORTHERN MINER / JANUARY 18—31, 2021

Week High

Low

5.75 0.07 0.05 0.03 0.04 0.51 0.65 11.24 14.33 0.23 0.19 0.25 0.33 0.40 0.50 0.13 0.17 23.20 18.19 0.09 0.11 0.11 2.17 2.80 0.36 0.17 0.22 0.32 0.26 0.49 0.32 0.38 0.16 0.24 0.25 0.23 0.30 0.02 0.33 0.25 0.10 0.08 0.06 0.05 0.36 3.54 4.44 0.90 1.14 0.09 0.06 10.50 8.24 0.12 0.00 0.17 0.45 0.35 0.14 0.14 0.14 0.08 0.10 0.40 0.32 0.17 2.24 1.77 0.12 0.18 1.29 1.64 0.36 0.25 0.20 0.12 1.15 0.89 0.41 0.33 0.16 0.12 14.56 18.49 0.39 0.47 0.59 26.72 0.52 0.41 0.12 0.10 0.38 0.48 0.03 0.03 0.09 0.12 0.11 0.20 0.06 0.07 0.35 0.78 0.34 0.13 0.10 20.40 12.26 9.69 1.21 0.96 0.08 0.10 0.29 0.24 2.63 0.45 0.31 0.13 0.07 0.72 133.15 169.78 0.04 0.87 0.65 0.51 31.78 0.26 0.10 17.32 0.55 0.04 1.53 1.94 0.05 0.06

4.89 0.06 0.04 0.03 0.04 0.43 0.55 10.43 13.28 0.21 0.19 0.18 0.23 0.33 0.42 0.06 0.09 20.80 17.04 0.06 0.09 0.09 1.67 2.16 0.24 0.15 0.19 0.30 0.24 0.40 0.25 0.32 0.10 0.13 0.16 0.20 0.00 0.02 0.25 0.00 0.08 0.06 0.00 0.04 0.32 2.95 3.77 0.86 1.09 0.08 0.06 10.10 8.01 0.08 0.00 0.16 0.40 0.30 0.12 0.09 0.12 0.07 0.09 0.33 0.26 0.14 1.93 0.00 0.10 0.13 1.11 1.40 0.00 0.20 0.16 0.10 1.00 0.79 0.33 0.25 0.14 0.10 12.73 16.22 0.32 0.40 0.52 23.55 0.46 0.36 0.10 0.07 0.30 0.40 0.03 0.03 0.08 0.10 0.06 0.20 0.04 0.06 0.28 0.60 0.27 0.00 0.00 18.71 10.66 8.36 1.12 0.00 0.06 0.07 0.24 0.19 2.18 0.33 0.23 0.00 0.06 0.67 125.53 159.82 0.03 0.76 0.58 0.46 26.47 0.22 0.07 16.00 0.35 0.03 1.37 1.75 0.03 0.04

Last

12-month Change

Stock

Getty Copper GFG Resources GFG Resources* GFM Res GGL Res GGL Res* GGX Gold* GGX Gold Giga Metals Giga Metals* Gitennes Expl Gitennes Expl * Giyani Gold* Giyani Gold GK Resources Glacier Lake Gldn Predator* Gldn Predator Glen Eagle Res* Glen Eagle Res Glencore Plc * Glencore Plc* Global Atomic* Global Atomic Global Battery* Global Battery Global Energy* Global Energy Global Gold* Global Li-Ion* Global Li-Ion GlobalMin Vent* Globex Mng* Globex Mng GMV Minerals* GMV Minerals GNCC Capital* Go Cobalt* Go Cobalt GobiMin GoGold Res Gold Basin Res Gold Bull Res* Gold Bull Res Gold Fields* Gold Fields* Gold Finder Ex* Gold Finder Ex Gold Line Res Gold Lion Res* Gold Lion Res Gold Plus* Gold Plus Gold Port Gold Reserve* Gold Reserve Gold Resource* Gold Rush Cari Gold Std Vents Gold Std Vents* Gold X Mining Gold’n Futures Gold79 Mines Gold79 Mines* Goldbank Mng Goldbelt Emp Goldblock Cap Goldcliff Res* Goldcliff Res Goldcore Res Golden Arrow* Golden Arrow Golden Band* Golden Birch Golden Dawn Ml* Golden Dawn Ml Golden Goliath Golden Goliath* Golden Harp Golden Hope Golden Hope* Golden Lake Golden Mnls* Golden Mnls Golden Pursuit* Golden Pursuit Golden Ridge Golden Secret Golden Share Golden Star Golden Star* Golden Sun* Golden Tag Golden Tag* Golden Valley Golden Valley* Goldex Res Goldex Res* Goldgroup Mng Goldgroup Mng* GoldHaven Res* Goldhills Hldg GoldMining GoldON Res GoldON Res* GoldQuest Mng Goldrea Res Goldrea Res* Goldrich Mng* Goldseek Res Goldseek Res* Goldsource Min* Goldsource Min Goldstar Mnls Goldstar Mnls* Goldstrike Res* Goldstrike Res Goliath Res* Goliath Res Gossan Res GoviEx Uranium* GoviEx Uranium Gowest Gold* Gowest Gold GPM Metals* GPM Metals GR Silver* GR Silver Gran Colombia Gran Colombia* Granada Gold Granada Gold* Grande Portage* Grande Portage Granite Creek Granite Creek* Graphite Egy* Graphite One* Graphite One Gratomic* Gratomic Graycliff Exp Great Atlantic Great Bear Res Great Bear Res* Great Lakes Gr* Great Panther Great Panther* Great Thunder* Green River Green River* Green Swan Cap Green Valley M Greencastle Rs Greenland M&En* Greenshield Ex Grenville Gold Grid Metals Grid Metals* Grizzly Discvr* Grizzly Discvr Grosvenor Res Group Eleven Group Ten Mtls* Group Ten Mtls GrowMax Res* GSP Resource GT Gold GT Gold * Gungnir Res* Gungnir Res Gunpoint Expl* Gunpoint Expl Guyana Goldstr* Guyana Goldstr Handa Mining Handeni Gold* Hanna Capital* Hanna Capital Hannan Metals Hannan Metals* Hanstone Gold

5.09 0.06 0.04 + 0.03 0.04 0.48 + 0.61 + 10.70 + 13.63 + 0.21 0.19 unch 0.20 0.25 0.36 + 0.46 + 0.08 + 0.11 + 21.07 + 17.76 + 0.08 + 0.10 + 0.10 + 1.81 + 2.26 + 0.31 + 0.15 0.19 0.30 0.25 unch 0.49 + 0.25 0.32 0.13 + 0.13 + 0.17 0.22 0.11 0.02 unch 0.27 0.20 + 0.08 0.07 0.06 + 0.04 unch 0.33 3.08 + 3.93 + 0.88 + 1.11 0.09 + 0.06 unch 10.16 + 8.01 0.11 + 0.00 unch 0.16 0.40 0.32 0.12 0.10 0.13 + 0.08 + 0.10 + 0.34 0.28 0.15 + 2.08 + 1.73 + 0.10 0.14 1.19 + 1.53 + 0.30 + 0.20 0.17 0.11 unch 1.09 + 0.80 + 0.36 0.28 0.16 + 0.12 + 13.03 16.69 0.33 + 0.42 + 0.55 26.26 + 0.46 0.36 0.12 + 0.09 + 0.36 + 0.46 + 0.03 unch 0.03 unch 0.09 unch 0.11 unch 0.09 + 0.20 unch 0.05 + 0.06 + 0.32 + 0.67 + 0.32 + 0.13 unch 0.10 unch 19.57 + 10.98 + 8.65 + 1.17 + 0.93 + 0.08 + 0.10 + 0.25 + 0.21 + 2.29 + 0.40 0.23 unch 0.13 + 0.07 + 0.69 128.30 + 162.86 + 0.03 0.78 0.58 0.47 31.15 + 0.23 0.08 unch 16.79 + 0.47 + 0.03 unch 1.39 1.77 0.04 + 0.06 +

0.31 0.01 0.01 0.01 0.01 0.05 0.05 0.36 0.46 0.03 0.00 0.03 0.04 0.04 0.06 0.02 0.03 0.65 1.54 0.01 0.01 0.01 0.07 0.06 0.06 0.01 0.02 0.02 0.00 0.01 0.02 0.03 0.03 0.01 0.03 0.01 0.19 0.00 0.01 0.20 0.00 0.01 0.02 0.00 0.02 0.14 0.15 0.01 0.01 0.01 0.00 0.09 0.22 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.03 0.01 0.03 0.15 0.20 0.01 0.02 0.06 0.09 0.27 0.02 0.01 0.00 0.01 0.00 0.02 0.02 0.02 0.01 0.41 0.39 0.01 0.02 0.01 3.41 0.01 0.01 0.02 0.01 0.05 0.07 0.00 0.00 0.00 0.00 0.03 0.00 0.00 0.01 0.01 0.09 0.02 0.00 0.00 1.52 0.52 0.41 0.04 0.11 0.03 0.02 0.01 0.01 0.14 0.05 0.00 0.05 0.01 0.03 2.97 3.26 0.00 0.01 0.02 0.00 5.13 0.03 0.00 1.12 0.11 0.00 0.05 0.05 0.02 0.02

5.86 0.21 0.08 0.05 0.06 0.51 0.65 13.66 17.99 0.37 0.27 0.25 0.33 0.55 0.71 0.13 0.17 23.20 18.19 0.11 0.17 0.17 2.17 2.80 0.92 0.28 0.37 0.48 0.34 0.56 0.49 0.63 0.16 0.24 0.38 0.60 1.02 0.04 0.95 0.71 0.90 0.24 0.14 0.11 0.62 3.54 6.15 0.94 1.23 0.20 0.06 10.50 8.24 0.16 0.00 0.63 0.60 0.72 0.25 0.19 0.15 0.09 0.12 0.63 0.56 0.17 2.25 1.77 0.15 0.18 1.33 1.75 0.90 0.33 0.20 0.24 1.31 0.97 0.41 0.33 0.30 0.21 14.57 19.41 0.47 0.60 0.64 26.72 0.61 0.46 0.14 0.10 0.38 0.49 0.05 0.04 0.09 0.12 0.20 0.51 0.05 0.07 0.48 0.78 0.34 0.30 0.12 20.40 12.26 9.69 1.56 1.21 0.08 0.10 0.29 0.28 5.34 0.47 0.35 0.13 0.07 0.84 166.11 222.15 0.10 1.95 0.84 0.89 31.78 0.95 0.17 18.11 0.55 0.04 3.94 7.78 0.10 0.14

1.10 0.03 0.02 0.02 0.01 0.16 0.23 4.63 6.60 0.05 0.14 0.03 0.04 0.09 0.13 0.02 0.03 8.40 5.92 0.05 0.06 0.06 0.09 0.12 0.10 0.05 0.08 0.12 0.20 0.05 0.02 0.14 0.00 0.01 0.16 0.10 0.00 0.01 0.19 0.00 0.01 0.05 0.01 0.00 0.19 2.20 1.55 0.30 0.42 0.05 0.06 3.49 0.00 0.03 0.00 0.16 0.17 0.11 0.03 0.02 0.03 0.01 0.02 0.10 0.09 0.02 1.00 0.77 0.02 0.05 0.19 0.27 0.00 0.04 0.10 0.03 0.31 0.21 0.08 0.05 0.05 0.03 4.17 5.30 0.09 0.12 0.08 4.71 0.13 0.08 0.03 0.02 0.07 0.10 0.01 0.01 0.02 0.03 0.05 0.04 0.01 0.02 0.04 0.08 0.06 0.10 0.08 5.16 2.05 1.47 0.26 0.14 0.03 0.04 0.05 0.03 0.91 0.10 0.15 0.04 0.03 0.11 77.18 105.93 0.00 0.04 0.16 0.18 4.82 0.08 0.05 5.53 0.14 0.01 1.05 1.44 0.01 0.03

0.32 0.32 0.41 0.42 0.21 0.21 0.17 0.17 0.08 0.11 + 0.10 0.13 + 0.03 0.05 + 0.18 0.22 + 0.23 0.27 + 0.18 0.18 unch 0.22 0.22 1.42 1.46 + 1.12 1.14 + 0.08 0.08 0.10 0.11 0.02 0.02 unch 0.10 0.11 + 0.14 0.15 + 0.84 0.86 1.08 1.10 0.00 0.18 + 0.22 0.25 unch 0.32 0.34 0.41 0.43 0.44 0.45 + 16.31 17.42 + 12.73 13.71 + 0.80 0.91 + 0.64 0.70 + 0.35 0.38 0.19 0.20 0.24 0.25 0.19 0.20 + 0.20 0.22 + 0.06 0.06 0.00 0.06 unch 0.25 0.30 + 0.32 0.37 + 0.06 0.06 unch 0.26 0.26 0.33 0.33 -

0.02 0.02 0.02 0.01 0.02 0.03 0.03 0.03 0.04 0.00 0.03 0.03 0.01 0.01 0.01 0.00 0.01 0.02 0.05 0.04 0.01 0.00 0.01 0.02 0.01 0.90 0.68 0.12 0.07 0.05 0.02 0.02 0.01 0.02 0.02 0.00 0.05 0.05 0.00 0.00 0.01

0.87 1.20 0.63 0.48 0.13 0.18 0.09 0.30 0.41 0.33 0.45 2.80 2.12 0.14 0.20 0.03 3.95 0.39 1.57 2.09 0.18 0.29 0.73 0.99 1.10 20.05 15.72 0.97 0.77 0.61 0.38 0.49 0.32 0.24 0.08 0.06 0.33 0.41 0.12 0.37 0.50

0.13 0.14 0.20 0.15 0.03 0.03 0.02 0.03 0.05 0.02 0.10 0.80 0.56 0.02 0.03 0.01 0.06 0.09 0.21 0.29 0.03 0.02 0.20 0.37 0.40 7.77 5.78 0.39 0.16 0.02 0.10 0.15 0.14 0.07 0.03 0.03 0.06 0.09 0.04 0.05 0.07

G-H 126 212 407 80 916 1485 3403 1545 2778 2 252 847 8931 1531 2567 355 11 27 512 909 3 539 215 1210 480 211 3222 3306 867 302 462 868 213 777 230 0 444 3045 826 266 308

0.37 0.47 0.25 0.19 0.11 0.13 0.06 0.23 0.29 0.18 0.25 1.69 1.34 0.09 0.12 0.02 0.11 0.17 0.92 1.18 0.18 0.29 0.36 0.48 0.46 20.05 15.72 0.97 0.77 0.43 0.22 0.28 0.20 0.24 0.06 0.00 0.33 0.41 0.06 0.30 0.39

(100s)

High Low

Exc Volume V 201 V 505 O 590 V 15 V 398 O 3 O 74 V 48 V 3416 O 2393 V 325 O 17 O 231 V 1132 V 155 V 232 O 677 V 864 O 5 V 325 O 392 O 1686 O 714 T 2043 O 59 V 1443 O 57 V 115 O 0 O 110 C 1632 O 30 O 50 T 162 O 9 V 87 O 2193473 O 0 C 329 V 40 T 5011 C 246 O 40 V 209 O 2 N 35928 O 331 V 1295 V 917 O 447 C 1722 O 204 C 1611 C 637 O 65 V 22 X 11344 V 219 T 836 X 5525 V 549 C 323 V 3966 O 153 V 4 V 605 C 50 O 146 V 1022 V 328 O 966 V 1204 O 307 C 208 O 0 V 52 V 2444 O 337 V 0 V 661 O 15 C 462 X 9848 T 762 O 60 V 191 V 1804 V 264 V 39 T 99 X 2089 O 135 V 2643 O 1080 V 47 O 58 V 693 O 5 T 1105 O 95 O 379 V 341 T 2371 V 448 O 119 V 823 C 210 O 2 O 137 C 179 O 1 O 702 V 3582 V 58 O 9 O 22 V 67 O 542 V 1879 V 490 O 3093 V 4921 O 179 V 519 O 32 V 173 O 1531 V 3050 T 2110 O 335 V 2232 O 1020 O 77 V 323 V 453 O 441 O 34 O 379 V 191 O 2125 V 14564 C 114 V 85 V 308 O 114 O 5880 T 2186 X 15014 O 603 C 743 O 0 V 259 V 320 V 79 O 1568 V 163 C 1 V 1459 O 550 O 332 V 1511 V 2 V 2767 O 1366 V 1611 O 205 V 452 V 927 O 171 O 277 V 793 O 8 V 13 O 116 V 340 V 367 O 1 O 0 V 164 V 237 O 292 V 21

Week High 0.10 0.19 0.15 0.10 0.45 0.27 0.13 0.16 0.72 0.58 0.09 0.06 0.43 0.55 0.22 0.10 0.21 0.27 0.06 0.07 3.82 7.59 1.33 1.68 0.13 0.17 0.28 0.30 0.00 0.10 0.13 0.30 0.59 0.72 0.19 0.26 0.00 0.00 0.05 0.33 2.76 0.31 0.40 0.50 9.20 10.66 0.08 0.10 0.46 0.32 0.42 0.08 0.10 0.17 1.65 2.05 3.38 0.02 1.00 0.79 3.44 0.14 0.09 0.07 0.16 0.03 0.22 0.11 0.14 0.12 0.17 0.21 0.00 0.18 0.00 0.16 0.16 0.12 0.00 0.38 0.29 0.17 0.85 1.07 0.18 0.25 0.17 3.28 0.13 5.09 4.04 0.00 0.65 0.52 7.44 5.88 0.09 0.05 0.05 0.04 0.54 0.18 3.00 1.03 0.82 0.31 0.05 0.03 0.03 0.27 0.18 0.11 0.13 0.18 0.02 0.29 0.36 0.53 0.68 0.10 0.23 0.29 0.28 0.36 0.06 0.08 0.74 0.92 8.40 6.61 0.23 0.19 0.36 0.44 0.24 0.19 0.27 0.40 0.50 0.44 0.56 0.49 0.88 17.38 13.75 0.02 1.23 0.96 0.53 0.07 0.00 0.05 1.30 0.14 0.25 0.15 0.00 0.22 0.18 0.05 0.06 0.00 0.11 0.39 0.48 0.02 0.32 2.42 1.91 0.06 0.08 0.45 0.57 0.10 0.13 0.04 0.00 0.00 0.12 0.47 0.37 0.50

Low

Last

12-month Change

0.06 0.09 0.16 0.16 0.12 0.13 0.10 0.10 unch 0.29 0.35 + 0.00 0.26 + 0.11 0.13 + 0.15 0.16 + 0.48 0.64 + 0.37 0.51 + 0.08 0.09 0.05 0.06 + 0.31 0.37 + 0.38 0.47 + 0.10 0.17 + 0.09 0.09 0.19 0.19 0.23 0.23 0.06 0.06 unch 0.07 0.07 3.30 3.76 + 6.54 7.49 + 1.11 1.26 1.41 1.59 unch 0.08 0.11 + 0.12 0.13 + 0.20 0.21 0.24 0.24 0.00 0.75 unch 0.07 0.09 + 0.10 0.12 + 0.01 0.05 + 0.53 0.55 0.69 0.70 + 0.18 0.19 + 0.23 0.25 + 0.00 0.00 unch 0.00 0.04 unch 0.04 0.04 + 0.23 0.33 + 2.37 2.60 + 0.29 0.29 0.36 0.38 0.45 0.46 9.20 9.20 unch 9.08 9.39 + 0.06 0.08 + 0.08 0.10 + 0.38 0.41 unch 0.23 0.24 0.29 0.30 0.06 0.06 0.06 0.07 0.13 0.16 + 1.48 1.60 unch 1.90 2.03 2.82 2.86 0.00 0.02 + 0.87 0.92 + 0.69 0.72 3.15 3.15 0.13 0.14 + 0.07 0.08 + 0.00 0.07 + 0.00 0.16 + 0.02 0.02 unch 0.22 0.22 + 0.09 0.10 0.12 0.12 unch 0.10 0.12 unch 0.14 0.15 + 0.18 0.18 unch 0.00 0.00 + 0.16 0.16 0.00 0.12 unch 0.00 0.16 + 0.12 0.12 0.09 0.09 0.00 0.23 unch 0.35 0.35 0.29 0.29 unch 0.14 0.14 0.71 0.75 0.91 0.97 unch 0.18 0.18 + 0.22 0.22 unch 0.14 0.15 3.00 3.07 0.12 0.12 4.57 4.65 3.58 3.67 0.00 0.00 unch 0.52 0.56 0.41 0.43 7.00 7.23 5.52 5.70 unch 0.00 0.08 + 0.05 0.05 0.04 0.04 unch 0.03 0.03 + 0.46 0.52 + 0.10 0.16 2.59 2.68 0.92 0.96 + 0.72 0.76 + 0.24 0.25 0.00 0.04 unch 0.00 0.03 + 0.02 0.02 0.22 0.26 + 0.18 0.18 0.09 0.09 + 0.12 0.12 unch 0.16 0.16 0.02 0.02 unch 0.22 0.28 + 0.00 0.32 + 0.38 0.43 + 0.47 0.55 + 0.08 0.10 + 0.17 0.21 + 0.21 0.26 + 0.24 0.25 0.31 0.33 0.05 0.06 + 0.06 0.07 + 0.60 0.64 + 0.76 0.82 + 7.35 7.82 5.87 6.18 0.18 0.19 + 0.14 0.15 + 0.30 0.31 0.38 0.38 0.21 0.23 + 0.16 0.18 + 0.19 0.27 + 0.33 0.37 0.43 0.46 0.28 0.42 + 0.36 0.53 + 0.47 0.48 + 0.70 0.70 15.75 15.82 12.37 12.47 0.00 0.02 + 1.05 1.08 0.83 0.84 0.47 0.47 0.06 0.06 0.00 0.05 unch 0.05 0.05 + 0.65 1.25 + 0.13 0.14 unch 0.21 0.23 + 0.14 0.15 + 0.00 0.08 unch 0.16 0.20 + 0.12 0.15 + 0.04 0.05 + 0.05 0.06 + 0.00 0.17 unch 0.08 0.08 0.31 0.35 + 0.39 0.46 + 0.02 0.02 unch 0.29 0.31 + 2.00 2.33 + 1.57 1.83 + 0.05 0.06 0.08 0.08 + 0.00 0.45 0.57 0.57 unch 0.07 0.08 0.10 0.10 0.03 0.04 + 0.00 0.02 unch 0.00 0.11 unch 0.08 0.11 0.41 0.43 0.33 0.34 0.00 0.48 unch

0.02 0.02 0.01 0.00 0.07 0.13 0.01 0.01 0.15 0.13 0.01 0.00 0.08 0.09 0.07 0.01 0.00 0.01 0.00 0.01 0.61 1.22 0.00 0.00 0.03 0.01 0.07 0.06 0.00 0.00 0.01 0.03 0.02 0.01 0.01 0.01 0.00 0.00 0.01 0.01 0.27 0.02 0.01 0.02 0.00 0.12 0.01 0.02 0.00 0.04 0.04 0.02 0.03 0.01 0.00 0.09 0.05 0.01 0.01 0.00 0.24 0.01 0.01 0.01 0.04 0.00 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.02 0.02 0.02 0.00 0.02 0.00 0.03 0.01 0.00 0.04 0.00 0.02 0.13 0.01 0.06 0.04 0.00 0.02 0.02 0.06 0.00 0.01 0.01 0.00 0.01 0.01 0.03 0.09 0.01 0.01 0.04 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.08 0.05 0.08 0.08 0.02 0.02 0.03 0.02 0.01 0.02 0.01 0.01 0.04 0.24 0.15 0.02 0.02 0.02 0.05 0.01 0.01 0.07 0.01 0.03 0.15 0.19 0.01 0.09 1.12 0.79 0.02 0.01 0.01 0.04 0.01 0.00 0.01 0.62 0.00 0.02 0.01 0.00 0.02 0.02 0.01 0.01 0.00 0.01 0.03 0.05 0.00 0.01 0.31 0.24 0.00 0.01 0.02 0.00 0.01 0.02 0.02 0.00 0.00 0.02 0.02 0.01 0.00

High Low 0.10 0.33 0.26 0.15 0.45 0.27 0.22 0.30 2.44 1.84 0.21 0.14 0.43 0.55 0.22 0.25 0.37 0.48 0.10 0.14 3.82 7.59 1.47 1.68 0.11 0.18 0.28 0.45 2.35 0.13 0.19 0.80 0.61 0.81 0.27 0.35 0.00 0.14 0.16 0.35 2.76 0.50 0.56 0.71 15.00 14.90 0.13 0.17 0.49 0.52 0.75 0.18 0.26 0.30 2.02 2.70 6.24 0.04 1.50 1.14 4.62 0.35 0.14 0.11 0.18 0.03 0.22 0.14 0.18 0.21 0.17 0.22 0.01 0.28 0.13 0.20 0.38 0.32 0.44 0.50 0.36 0.36 0.85 1.07 0.25 0.38 0.31 3.28 0.20 6.89 5.20 0.01 0.65 0.60 8.32 6.43 0.12 0.09 0.10 0.07 0.80 0.18 3.85 1.14 0.86 0.50 0.08 0.05 0.05 0.59 0.43 0.14 0.19 0.30 0.34 0.29 0.38 0.53 0.68 0.17 0.21 0.29 0.39 0.51 0.06 0.09 0.74 0.95 8.40 6.61 0.34 0.26 0.52 0.68 0.24 0.20 1.01 0.79 1.04 0.75 0.56 0.89 0.88 19.83 14.62 0.02 1.42 1.07 0.73 0.10 0.07 0.06 1.30 0.14 0.25 0.20 0.15 0.27 0.20 0.07 0.10 0.20 0.14 0.50 0.48 0.12 0.67 2.42 1.91 0.08 0.10 0.67 0.93 0.16 0.40 0.06 0.14 0.11 0.16 0.54 0.41 2.94

0.02 0.07 0.05 0.07 0.03 0.02 0.05 0.05 0.13 0.09 0.05 0.01 0.04 0.04 0.10 0.08 0.11 0.15 0.05 0.06 1.29 2.51 0.18 0.23 0.03 0.02 0.11 0.05 0.55 0.03 0.03 0.00 0.19 0.26 0.05 0.08 0.00 0.01 0.02 0.20 0.37 0.10 0.01 0.02 4.09 3.79 0.02 0.02 0.24 0.21 0.18 0.06 0.05 0.04 1.17 1.50 2.02 0.01 0.46 0.27 0.75 0.11 0.02 0.02 0.09 0.02 0.12 0.05 0.07 0.04 0.06 0.09 0.00 0.03 0.02 0.04 0.04 0.02 0.06 0.06 0.05 0.07 0.13 0.20 0.04 0.04 0.10 0.66 0.03 2.56 1.85 0.00 0.03 0.03 3.10 5.15 0.06 0.04 0.02 0.01 0.11 0.06 0.85 0.20 0.14 0.09 0.02 0.01 0.01 0.07 0.18 0.04 0.07 0.10 0.08 0.00 0.12 0.00 0.12 0.02 0.05 0.08 0.08 0.10 0.03 0.03 0.07 0.10 2.88 2.10 0.09 0.06 0.07 0.10 0.03 0.08 0.00 0.10 0.15 0.00 0.03 0.30 0.30 3.68 7.46 0.00 0.32 0.23 0.11 0.04 0.05 0.01 0.06 0.03 0.04 0.14 0.06 0.08 0.05 0.01 0.02 0.09 0.02 0.09 0.12 0.00 0.08 0.67 0.53 0.02 0.03 0.29 0.43 0.07 0.08 0.01 0.01 0.01 0.02 0.14 0.10 0.45

(100s) Stock

Exc Volume

Week High

Low

Last

0.10 0.39 0.30 4.39 0.09 0.12 0.13 0.00 0.02 0.00 0.80 5.94 0.89 1.12 1.14 0.62 0.68 0.01 0.01 1.43 1.80 0.05 0.06 0.35 0.02 0.02 0.01 2.88 0.06 0.00 0.13 8.92 7.00 0.18 0.23 0.02 0.11 0.38 0.03

0.10 0.40 0.30 4.52 0.11 0.15 0.13 0.17 0.02 0.03 0.96 6.08 0.91 1.14 1.20 0.63 0.75 0.01 0.01 1.48 1.85 0.06 0.08 0.35 0.03 0.03 0.01 2.89 0.06 0.08 0.16 9.10 7.16 0.21 0.26 0.10 0.11 0.39 0.03

Happy Ck Mnrls Harfang Explor Harfang Explor* Harmony Gold* Harte Gold* Harte Gold Harvest Gold* Harvest Gold Hawkeye Gld&Di* Hawkeye Gld&Di Heatherdale Rs Hecla Mining* Heliostar Met* Heliostar Met Hemcare Health* Hemlo Expl* Hemlo Expl Heron Res* Highbank Res HighGold* HighGold Highland Copp* Highland Copp Highway 50 Gld HiHo Silver HiHo Silver* Hinterland Mtl* Hochschild Mg* Honey Badger* Honey Badger Horizonte Mnls HudBay Min HudBay Min* Hudson Res* Hudson Res Hunt Mng* Hunt Mng Hybrid Mineral Hylands Intl

V V O N O T O V O V V N O V O O V O V O V O V V C O O O O V T T N O V O V V V

225 190 21 45468 531 6091 9 46 171 2003 820 58386 125 194 143 7 244 2 407 174 534 531 947 231 1035 29 77 109 399 3131 790 7429 6778 128 154 531 492 113 50

0.11 0.42 0.32 5.38 0.12 0.16 0.13 0.17 0.02 0.03 1.17 7.06 1.06 1.38 1.28 0.63 0.85 0.01 0.02 1.82 2.33 0.06 0.08 0.38 0.04 0.03 0.30 3.30 0.07 0.09 0.16 9.85 7.76 0.22 0.28 0.11 0.14 0.44 0.04

I-Minerals* I-Minerals IAMGOLD IAMGOLD* Icon Explor* Iconic Mnls * Iconic Mnls Idaho Champion* Idaho Champion IEMR Res IM Exploration IMC Intl Mng IMC Intl Mng* iMetal Res* iMetal Res IMPACT Silver Impala Platnm* Imperial Metal* Imperial Metal Imperial Mg Gr Inca One Gold* Inca One Gold Inception Mng * Independence G Independence G* Indigo Expl Infinite Ore* Infinite Ore Inflection Res Infrastructure* Inomin Mines Intact Gold* Intact Gold Integra Res Integra Res* Inter-Rock Mnl Intercontinent Intercontinent* Intl Battery* Intl Battery Intl Bethl Mng Intl Cobalt* Intl Cobalt Intl Cons Uran* Intl Cons Uran Intl Lithium Intl Lithium* Intl Millm Mng Intl Montoro* Intl Montoro Intl Prospect * Intl Prospect Intl Star* Intl Tower Hil* Intl Tower Hil Intl Zeolite* Intl Zeolite Intrepid Pots* INV Metals* INV Metals Inventus Mg * Inventus Mg InZinc Mining InZinc Mining* Ion Energy Irving Res* Irving Res IsoEnergy Ltd Itafos* Itafos Itoco Inc* Ivanhoe Mines* Ivanhoe Mines Ivor Explor Jade Leader* Jade Leader Jaeger Res * Jaeger Res Jaguar Mng Jaguar Mng* Japan Gold Japan Gold* Jasper Mining Jaxon Mining* Jaxon Mining Jayden Res Jayden Res* Jazz Res Jervois Mining Jervois Mining* JNC Resources JNC Resources* Josemaria Res Joshua Gold* Jourdan Res Jubilee Gold Jubilee Metals* Juggernaut Exp* Juggernaut Exp Jupiter Gold* K2 Gold K9 Gold* K92 Mining K92 Mining* Kainantu Res Kaizen Discov Kaizen Discvry* Kanadario Gold Karnalyte Res Karoo Expl Karora Res* KAT Expl* Kenadyr Mining* Kenadyr Mining Kerr Mines* Kerr Mines Kesselrun Res* Kesselrun Res Kestrel Gold Kilo Goldmines Kilo Goldmines* Kincora Copper* Kincora Copper King Global* King Global Kingman Min Kings Bay Res Kingsmen Res Kingsmen Res* Kinross Gold Kinross Gold* Kintavar Exp Kirkland Lake* Kirkland Lake Klondike Gold* Klondike Gold Klondike Silv* Klondike Silv Kodiak Copper* Kombat Copper*

O 172 V 151 T 8891 N 48112 O 10 O 100 V 1030 O 128 C 541 V 278 C 19 C 475 O 522 O 26 V 887 V 4249 O 3 O 41 T 517 V 5293 O 175 V 199 O 409 V 1024 O 111 V 626 O 13 V 412 C 243 O 262 V 308 O 1 V 205 V 218 X 471 V 81 V 66 O 8 O 1637 C 1381 V 90 O 139 C 1034 O 249 V 551 V 1509 O 635 V 4653 O 261 V 1826 O 14 V 397 O 73949 X 2835 T 176 O 44 V 573 N 2141 O 97 T 278 O 96 V 1047 V 1632 O 200 V 398 O 399 C 228 V 1060 O 105 V 161 O 676 O 1152 T 10027 C 5 O 9 V 590 O 8 V 827 T 1181 O 349 V 998 O 325 V 42 O 58 V 1213 V 882 O 184 V 17 V 2390 O 2655 C 28 O 11 T 1168 O 1107 V 1141 V 0 O 197 O 8 V 1127 O 9 V 613 O 1997 T 3499 O 1224 V 94 V 1400 O 18 V 132 T 49 V 78 O 1046 O 75920 O 19 V 4177 O 434 T 1584 O 78 V 1346 V 2063 V 1071 O 0 O 2 V 1070 O 130 V 54 V 526 V 518 V 118 O 50 T 26358 N 116744 V 424 N 13304 T 6176 O 330 V 1366 O 2141 V 7051 O 80 O 38

0.03 0.04 5.04 3.95 0.06 0.10 0.12 0.21 0.26 0.02 0.13 0.23 0.19 0.10 0.13 1.19 14.50 4.90 6.25 0.20 0.48 0.62 0.02 0.16 0.12 0.06 0.06 0.07 0.42 0.00 0.11 0.04 0.07 5.12 4.02 0.41 0.26 0.20 0.49 0.58 0.03 0.02 0.02 1.12 1.44 0.05 0.04 0.03 0.07 0.09 0.10 0.13 0.00 1.55 1.96 0.08 0.12 27.72 0.40 0.53 0.26 0.33 0.04 0.02 0.39 2.10 2.69 2.66 0.26 0.37 0.07 6.16 7.83 0.30 0.08 0.10 0.03 0.04 9.11 8.50 0.36 0.28 0.05 0.06 0.07 0.11 0.09 0.33 0.48 0.39 0.66 0.55 0.85 0.16 0.05 0.00 0.22 0.26 0.35 0.95 0.74 0.35 8.26 6.54 0.40 0.05 0.04 1.05 0.29 0.40 3.24 0.00 0.03 0.04 0.12 0.15 0.15 0.20 0.13 0.02 0.00 0.09 0.32 0.03 0.05 0.14 0.02 0.17 0.13 10.37 8.15 0.15 45.18 57.36 0.21 0.27 0.26 0.34 1.41 0.35

12-month Change

High Low

unch + + unch + + + + + unch unch + + + + + + + + + + unch

0.00 0.03 0.02 0.16 0.02 0.03 0.00 0.00 0.00 0.01 0.06 0.40 0.13 0.21 0.03 0.02 0.05 0.00 0.00 0.28 0.38 0.01 0.02 0.03 0.01 0.01 0.31 0.08 0.00 0.01 0.03 0.19 0.16 0.01 0.02 0.00 0.01 0.02 0.00

0.15 0.45 0.32 7.61 0.16 0.22 0.20 0.29 0.04 0.05 1.35 7.06 1.30 2.25 1.92 0.81 1.11 0.08 0.03 2.44 3.14 0.05 0.08 0.42 0.07 0.21 0.70 4.35 0.21 0.10 0.20 9.85 7.76 0.29 0.38 0.15 0.20 0.75 0.06

0.06 0.15 0.17 1.76 0.05 0.08 0.04 0.06 0.00 0.01 0.28 1.40 0.10 0.30 0.55 0.04 0.17 0.01 0.01 0.42 0.57 0.01 0.02 0.06 0.02 0.01 0.00 0.99 0.00 0.01 0.03 1.66 1.23 0.04 0.07 0.01 0.04 0.03 0.03

0.03 + 0.04 + 4.42 3.49 0.06 + 0.08 0.11 unch 0.17 0.22 0.02 + 0.13 0.21 0.15 0.10 + 0.12 + 1.08 + 14.50 + 4.42 + 5.63 + 0.16 + 0.40 0.51 0.02 + 0.14 0.11 0.06 unch 0.05 0.06 unch 0.40 0.00 + 0.10 + 0.04 unch 0.07 + 4.80 3.77 0.41 + 0.18 + 0.14 + 0.39 + 0.46 + 0.03 unch 0.01 + 0.02 unch 1.00 1.25 0.05 unch 0.03 0.02 + 0.06 + 0.08 + 0.10 + 0.10 0.00 unch 1.34 1.67 0.08 unch 0.10 + 23.62 0.38 + 0.50 unch 0.20 0.26 0.03 + 0.02 + 0.38 + 1.71 2.18 2.60 + 0.26 + 0.33 + 0.07 5.89 + 7.47 + 0.30 unch 0.08 unch 0.08 + 0.03 + 0.04 + 7.77 6.13 0.34 + 0.28 + 0.05 unch 0.06 + 0.07 + 0.11 + 0.08 + 0.25 0.45 + 0.36 + 0.66 0.50 0.80 + 0.16 + 0.05 + 0.90 unch 0.20 + 0.24 + 0.29 + 0.93 0.66 0.27 7.85 + 6.24 + 0.31 0.05 + 0.04 unch 0.95 0.29 + 0.40 + 2.91 0.00 unch 0.03 + 0.04 + 0.10 0.13 0.13 0.16 0.12 + 0.02 unch 0.01 unch 0.09 0.30 0.03 unch 0.05 + 0.12 + 0.01 unch 0.15 0.13 + 9.39 + 7.38 + 0.15 + 41.30 + 52.48 0.18 0.25 + 0.15 0.19 1.26 0.31 +

0.00 0.01 0.25 0.18 0.01 0.00 0.00 0.01 0.03 0.01 0.01 0.03 0.03 0.00 0.01 0.01 0.88 0.39 0.53 0.05 0.05 0.08 0.00 0.02 0.01 0.00 0.00 0.00 0.02 0.00 0.02 0.00 0.02 0.20 0.15 0.04 0.08 0.06 0.13 0.14 0.00 0.00 0.00 0.07 0.12 0.00 0.00 0.01 0.01 0.02 0.02 0.01 0.00 0.04 0.11 0.00 0.02 0.53 0.02 0.00 0.04 0.04 0.01 0.00 0.05 0.33 0.44 0.73 0.03 0.08 0.00 0.49 0.61 0.00 0.00 0.02 0.01 0.01 0.57 0.41 0.01 0.02 0.00 0.01 0.01 0.03 0.02 0.09 0.07 0.06 0.04 0.05 0.03 0.08 0.01 0.00 0.02 0.08 0.10 0.02 0.05 0.02 0.24 0.24 0.09 0.01 0.00 0.10 0.04 0.01 0.06 0.00 0.00 0.01 0.01 0.01 0.03 0.04 0.01 0.00 0.00 0.17 0.08 0.00 0.01 0.01 0.00 0.02 0.01 0.05 0.04 0.01 0.03 0.12 0.01 0.01 0.04 0.05 0.04 0.06

0.05 0.06 7.07 5.35 0.14 0.11 0.15 0.47 0.44 0.04 0.18 1.00 0.73 0.47 0.60 1.25 14.50 4.90 6.25 0.20 0.67 0.86 0.08 0.23 0.17 0.15 0.10 0.14 0.63 0.00 0.25 0.04 0.09 5.90 5.50 0.45 0.33 0.25 0.49 0.58 0.06 0.02 0.02 1.17 1.55 0.07 0.05 0.03 0.08 0.11 0.15 0.23 0.00 2.27 3.07 0.08 0.12 28.23 0.78 1.11 0.26 0.33 0.04 0.03 0.50 3.48 4.60 2.66 0.48 0.60 0.20 6.16 7.83 0.42 0.19 0.23 0.03 0.08 9.20 8.50 0.45 0.34 0.07 0.09 0.14 0.12 0.10 0.40 0.48 0.39 0.72 5.24 0.91 0.19 0.05 0.90 0.22 0.26 0.35 1.50 0.96 0.65 8.50 6.54 0.40 0.08 0.06 1.49 0.33 1.28 3.57 0.00 0.06 0.08 0.15 0.18 0.37 0.47 0.20 0.03 0.04 0.41 0.57 0.05 0.07 0.23 0.03 0.22 0.15 13.59 10.32 0.15 57.69 76.43 0.29 0.39 0.26 0.34 2.51 0.35

0.01 0.02 2.00 1.44 0.01 0.02 0.04 0.05 0.06 0.01 0.04 0.10 0.07 0.06 0.08 0.22 4.60 0.70 0.99 0.03 0.02 0.16 0.01 0.03 0.01 0.06 0.03 0.03 0.36 0.00 0.03 0.02 0.03 1.53 3.06 0.16 0.09 0.08 0.05 0.07 0.01 0.00 0.01 0.02 0.10 0.03 0.02 0.01 0.01 0.01 0.06 0.08 0.00 0.33 0.43 0.02 0.02 6.00 0.13 0.17 0.08 0.10 0.01 0.01 0.27 1.02 1.45 0.23 0.14 0.21 0.03 1.35 1.80 0.20 0.02 0.04 0.00 0.01 1.30 0.91 0.21 0.12 0.03 0.03 0.03 0.01 0.00 0.14 0.11 0.05 0.18 0.24 0.31 0.04 0.01 0.38 0.03 0.06 0.11 0.20 0.11 0.07 1.55 1.12 0.25 0.04 0.02 0.13 0.09 0.10 2.30 0.00 0.02 0.02 0.06 0.10 0.02 0.03 0.01 0.01 0.00 0.05 0.06 0.00 0.02 0.06 0.01 0.09 0.07 4.00 2.72 0.05 18.03 25.67 0.10 0.14 0.01 0.02 0.12 0.05

I-J-K 0.03 0.04 4.37 3.42 0.05 0.08 0.10 0.17 0.22 0.02 0.13 0.19 0.14 0.08 0.12 0.99 0.00 4.09 5.14 0.12 0.40 0.51 0.00 0.13 0.00 0.06 0.05 0.00 0.40 0.00 0.08 0.04 0.05 4.55 3.55 0.37 0.11 0.08 0.25 0.32 0.03 0.01 0.01 0.99 1.20 0.00 0.03 0.02 0.05 0.07 0.08 0.10 0.00 1.27 1.63 0.07 0.08 22.31 0.36 0.46 0.19 0.23 0.03 0.02 0.32 1.68 2.13 1.90 0.19 0.24 0.06 5.35 7.00 0.30 0.08 0.07 0.02 0.03 7.53 5.85 0.33 0.25 0.05 0.05 0.06 0.00 0.07 0.25 0.41 0.31 0.00 0.50 0.77 0.08 0.04 0.00 0.19 0.16 0.19 0.00 0.63 0.25 7.69 6.00 0.31 0.05 0.00 0.93 0.25 0.00 2.85 0.00 0.03 0.03 0.10 0.13 0.13 0.15 0.10 0.02 0.00 0.00 0.10 0.03 0.04 0.11 0.01 0.15 0.12 9.24 7.25 0.13 40.57 51.62 0.17 0.23 0.13 0.16 1.22 0.28

(100s) Stock

Exc Volume

Week High

Low 0.34 0.28 0.37 0.00 0.00 1.20 1.51 0.28 2.21 1.74 0.01 0.00

Kombat Copper Kootenay Silvr* Kootenay Silvr Kootenay Zinc Kootenay Zinc* Kore Mining * Kore Mining Kutcho Copper * Kuya Silver Kuya Silver* KWG Res KWG Res*

V O V C O O V O C O C O

2364 2080 4085 28 1 431 538 212 712 506 1457 2

0.47 0.36 0.44 0.17 0.14 1.41 1.81 0.34 3.13 2.47 0.01 0.00

La Imperial Labrador Gold* Labrador Gold Labrador IMH* Labrador IOR* Labrador IOR Lake Resources* Lara Expl Laramide Res Laredo Res* Largo Res* Largo Res Lasalle Explor* Lasalle Explor Latin Metals* Latin Metals Laurion Mnl Ex Laurion Mnl Ex* Le Mare Gold* Le Mare Gold Leading Edge Leading Edge* Leeta Gold Legion Metals Lepanto Con Mg* Libero Copper* Libero Copper Liberty Gold* Liberty One Li Lida Resources* Lightspeed Dis Lightspeed Dis* Lincoln Mng Lion One Mtls Lion One Mtls* Lithium Amer Lithium Amer* Lithium Chile Lithium Chile* Lithium Corp* Lithium Energi Lithium Energi* Lithoquest Res* Lithoquest Res LKA Gold* Lode-Star Mg* Logan Res* Logan Res Lomiko Mtls Lomiko Mtls* Loncor Res* Loncor Res Lone Star Gold* Los Andes* Los Andes Lovitt Res Lovitt Res* Lucara Diam Lucky Min* Lucky Min Luckystrike * Luckystrike Lumina Gold* Lumina Gold Luminex Res Lundin Gold Lundin Mng* Lundin Mng Lupaka Gold * Lupaka Gold Lydian Intl* Lynas Corp* Lynas Corp*

C O V O O T O V T O O T O V O V V O O V V O V C O O V O V O V O V V O T N V O O V O O V O O O V V O O T O O V V O T O V O V O V V T O T O V O O O

5 1576 2284 7363 41 1779 12301 121 2862 9653 2311 2853 4 486 23 89 1338 79 20 2302 507 487 54279 2295 60 1334 12429 1512 24 416 19 0 114 1426 1149 7301 47513 3259 660 3587 591 70 32 67 11 3 0 143 11130 4100 141 343 6 0 8 68 0 1601 103 348 1 3 792 1027 547 2018 537 12348 685 1441 56 2443 1034

0.05 0.37 0.47 0.95 26.24 33.48 0.07 0.78 0.40 0.00 1.25 1.54 0.11 0.14 0.15 0.19 0.20 0.16 0.05 0.08 0.40 0.31 3.50 0.23 0.00 0.10 0.14 1.49 0.62 0.04 0.12 0.00 0.15 1.84 1.45 25.30 19.95 0.37 0.29 0.40 0.18 0.15 0.07 0.08 0.09 0.14 0.00 0.35 0.10 0.08 0.48 0.63 0.95 5.51 7.05 0.21 0.16 0.69 0.10 0.11 0.31 0.45 0.79 1.00 0.75 11.94 10.04 12.47 0.05 0.06 0.01 3.80 3.84

Macarthur Min* Macarthur Min MacDonald Mns* MacDonald Mns MAG Silver Magellan Gold* Magna Gold Magna Gold* Magna Terra* Magna Terra Magnum Goldco Majestic Gold* Majestic Gold Major Precious* Major Precious Makara Mining Makara Mining* Makena Res* Mako Mining* Mako Mining Mammoth Res Mammoth Res * Mandalay Res* Mandalay Res Manganese X Manganese X* Mangazeya Mng* Mangazeya Mng Manitou Gold Manitou Gold * Maple Gold Maple Gold* Marathon Gold* Marathon Gold Marifil Mines* Marifil Mines Marimaca Cop Marimaca Cop* Mariner Res* Maritime Res MartinMarietta* Mas Gold Mascota Res* Mason Graphite* Mason Graphite Matachewan Con Matica Ent Matmown* Maverix Metals Maverix Metals* Mawson Res* Mawson Res MAX Res MaxTech Vent MaxTech Vent* Maxwell Res* Mazarin McChip Res McEwen Mng McEwen Mng* McLaren Res MDN Inc* Mechel* Medallion Res Medallion Res* Medgold Res* Medgold Res Medinah Mnrls* Mega Copper Mega Uranium* Mega Uranium Megastar Dev Megastar Dev* MegumaGold* MegumaGold Melkior Res Melkior Res* Mensa Mng Corp* Meridian Mg Meridian Mg * Meryllion Res* Meryllion Res MetalCorp* MetalCorp Metalex Vent Metalex Vent * Metalla Rylty Metallic Mnrls Metallic Mnrls* Metallica Min* Metallis Res

O V O V T O V O O V V O V O C C O O O V V O O T V O O V V O V O O T O V T O O V N V O O V V C O T X O T V C O O V V T N C O N V O O V O V O T V O O C V O O V O O C O V V O V V O O V

67 529 9649 8767 2128 9 337 155 0 62 53 56 351 101 2025 169 368 870 1041 1349 424 33 51 391 4379 1488 5 131 2961 204 2154 2009 476 3725 362 543 224 3 144 3034 5174 441 0 777 863 19 9304 15 400 1171 284 1053 1261 341 66 0 180 31 4365 23177 352 10 2288 554 1503 97 1900 64220 26 1250 7106 445 96 484 1679 142 11 0 350 17 0 79 48 346 466 50 399 1428 1138 5 386

0.38 0.50 0.08 0.09 29.24 1.00 1.20 0.94 0.00 0.19 0.06 0.05 0.07 0.25 0.37 0.75 0.57 1.02 0.32 0.41 0.15 0.12 1.79 2.29 0.27 0.22 0.08 0.10 0.06 0.05 0.40 0.31 2.43 3.03 0.05 0.07 3.72 2.75 0.51 0.16 311.45 0.15 2.55 0.40 0.50 0.18 0.04 0.00 7.74 6.10 0.35 0.42 0.49 0.09 0.07 0.00 0.18 0.75 1.36 1.07 0.09 0.47 2.15 0.35 0.28 0.05 0.06 0.00 0.16 0.15 0.20 0.18 0.14 0.09 0.11 0.98 0.72 0.00 0.23 0.16 0.00 0.16 0.06 0.06 0.12 0.10 16.87 0.77 0.61 0.04 0.32

Last

21

12-month Change

0.38 + 0.30 0.38 0.15 0.13 + 1.29 1.64 0.29 2.76 2.13 0.01 unch 0.00 unch

High Low

0.06 0.03 0.04 0.02 0.03 0.06 0.07 0.02 0.12 0.08 0.00 0.00

0.54 0.46 0.54 3.00 1.16 1.55 2.01 0.34 3.13 2.47 0.01 0.01

0.05 0.08 0.12 0.12 0.10 0.09 0.15 0.03 0.45 0.32 0.01 0.00

unch + + + + + + + + + + unch unch + + unch + + + + unch + + + + + + + + + + + + unch + + + + unch unch + + unch + + + + + + +

0.00 0.03 0.03 0.24 0.39 0.82 0.01 0.03 0.04 0.00 0.04 0.06 0.00 0.01 0.01 0.03 0.01 0.01 0.00 0.00 0.02 0.00 0.98 0.05 0.00 0.03 0.04 0.08 0.06 0.00 0.05 0.00 0.02 0.12 0.10 8.50 6.78 0.09 0.08 0.08 0.04 0.04 0.00 0.01 0.00 0.04 0.00 0.02 0.03 0.03 0.03 0.04 0.03 0.01 0.30 0.00 0.00 0.09 0.01 0.02 0.01 0.00 0.02 0.01 0.02 0.15 0.45 0.57 0.01 0.01 0.00 0.64 0.71

0.12 0.50 0.63 0.95 29.25 35.75 0.32 1.02 0.40 0.01 1.28 1.66 0.16 0.22 0.15 0.19 0.24 0.18 0.05 0.09 0.43 0.33 3.50 0.42 0.00 0.16 0.22 1.82 0.75 0.20 0.33 0.25 0.28 2.66 2.00 25.30 19.95 0.43 0.33 0.33 0.24 0.15 0.07 0.08 0.20 0.28 18.09 0.70 0.10 0.07 0.66 0.89 2.33 5.51 7.50 0.27 0.20 0.90 0.22 0.27 0.37 0.58 0.91 1.19 1.08 13.49 10.04 12.47 0.05 0.06 0.07 3.80 3.84

0.01 0.10 0.10 0.00 9.71 13.25 0.02 0.45 0.10 0.00 0.40 0.56 0.10 0.08 0.04 0.05 0.09 0.09 0.03 0.05 0.01 0.03 0.10 0.14 0.00 0.02 0.03 0.38 0.40 0.02 0.08 0.08 0.05 0.72 0.50 2.90 1.92 0.10 0.07 0.05 0.03 0.03 0.03 0.03 0.04 0.04 0.00 0.06 0.02 0.01 0.22 0.32 0.32 2.66 1.95 0.09 0.09 0.40 0.04 0.06 0.17 0.16 0.29 0.46 0.41 5.82 2.82 4.08 0.00 0.01 0.00 0.58 0.55

0.35 0.37 + 0.44 0.50 + 0.05 0.05 0.07 0.07 25.57 26.59 + 0.85 0.99 1.07 1.13 + 0.80 0.88 + 0.00 0.17 unch 0.19 0.19 0.05 0.06 + 0.04 0.05 + 0.06 0.06 0.00 0.24 0.30 0.31 0.42 0.56 0.43 0.44 0.82 0.84 0.27 0.28 0.34 0.36 0.12 0.12 + 0.09 0.12 + 1.60 1.63 + 1.99 2.07 + 0.23 0.26 0.18 0.20 0.08 0.08 unch 0.00 0.08 0.05 0.05 + 0.04 0.04 0.33 0.35 0.26 0.27 2.22 2.30 + 2.81 2.92 + 0.04 0.04 unch 0.00 0.06 unch 3.22 3.50 + 2.54 2.75 + 0.42 0.42 0.14 0.14 274.64 310.43 + 0.10 0.11 + 0.00 2.40 0.35 0.37 0.45 0.46 0.00 0.18 + 0.02 0.03 + 0.00 0.00 unch 6.85 7.06 + 5.37 5.54 + 0.30 0.31 0.38 0.39 unch 0.38 0.40 0.08 0.08 unch 0.06 0.06 + 0.00 0.03 unch 0.10 0.14 unch 0.54 0.75 + 1.24 1.27 + 0.97 1.00 + 0.07 0.08 0.00 0.47 + 1.99 2.06 + 0.27 0.28 0.21 0.22 0.00 0.05 + 0.05 0.06 + 0.00 0.00 + 0.11 0.16 + 0.13 0.15 + 0.17 0.18 unch 0.13 0.15 unch 0.10 0.13 + 0.07 0.08 0.09 0.09 0.87 0.87 0.66 0.66 0.00 0.00 unch 0.19 0.21 unch 0.00 0.16 unch 0.00 0.00 unch 0.00 0.16 0.04 0.04 0.05 0.05 0.09 0.09 0.08 0.08 14.75 15.27 0.62 0.65 0.49 0.52 0.02 0.04 + 0.27 0.31 -

0.02 0.06 0.03 0.03 0.53 0.01 0.09 0.07 0.00 0.03 0.01 0.00 0.01 0.01 0.01 0.02 0.02 0.04 0.02 0.05 0.01 0.02 0.10 0.12 0.02 0.01 0.00 0.01 0.01 0.01 0.02 0.01 0.01 0.03 0.00 0.00 0.25 0.17 0.10 0.01 26.46 0.02 0.10 0.00 0.02 0.02 0.01 0.00 0.05 0.08 0.01 0.00 0.02 0.00 0.00 0.00 0.00 0.22 0.02 0.01 0.01 0.04 0.01 0.01 0.00 0.00 0.01 0.00 0.05 0.01 0.00 0.00 0.03 0.01 0.02 0.03 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.03 0.00 0.75 0.02 0.02 0.01 0.01

0.50 0.67 0.10 0.15 29.24 1.66 1.89 1.46 0.18 0.48 0.08 0.06 0.08 0.52 0.82 1.65 1.27 1.02 0.50 0.54 0.15 0.12 1.79 2.29 1.11 0.85 0.09 0.13 0.08 0.07 0.56 0.42 2.44 3.03 0.08 0.11 3.72 2.80 0.63 0.23 311.45 0.15 2.60 0.43 0.57 0.19 0.05 0.05 7.78 6.10 0.44 0.57 0.55 0.12 0.09 0.20 0.18 0.75 2.02 1.53 0.18 0.63 3.43 0.41 0.31 0.06 0.08 0.00 0.29 0.15 0.20 0.20 0.14 0.16 0.21 1.25 1.00

0.04 0.07 0.04 0.05 5.33 0.20 0.24 0.02 0.17 0.18 0.03 0.02 0.04 0.17 0.13 0.27 0.30 0.22 0.18 0.25 0.02 0.02 0.38 0.46 0.06 0.04 0.02 0.04 0.03 0.02 0.04 0.03 0.52 0.71 0.02 0.03 1.00 0.03 0.34 0.05 135.08 0.03 0.51 0.08 0.12 0.10 0.02 0.00 3.10 2.51 0.11 0.16 0.06 0.03 0.02 0.03 0.05 0.39 0.76 0.53 0.03 0.14 1.28 0.05 0.03 0.02 0.03 0.00 0.02 0.03 0.05 0.05 0.05 0.06 0.09 0.06 0.01

0.39 0.26 0.04 0.20 0.08 0.11 0.12 0.10 16.87 1.30 0.94 0.04 0.64

0.06 0.05 0.00 0.05 0.00 0.01 0.02 0.01 4.06 0.10 0.07 0.01 0.11

L 0.05 0.31 0.40 0.25 25.00 31.67 0.06 0.65 0.35 0.00 1.11 1.40 0.11 0.13 0.13 0.16 0.19 0.00 0.03 0.05 0.35 0.28 2.43 0.18 0.00 0.06 0.08 1.22 0.00 0.03 0.11 0.00 0.13 1.52 1.18 16.00 12.58 0.22 0.17 0.25 0.11 0.10 0.05 0.07 0.05 0.05 0.00 0.27 0.06 0.04 0.42 0.53 0.00 0.00 0.00 0.17 0.16 0.51 0.06 0.09 0.00 0.00 0.72 0.90 0.68 10.74 8.91 11.50 0.03 0.05 0.01 3.10 3.14

0.05 0.34 0.43 0.31 26.12 33.43 0.06 0.68 0.40 0.00 1.14 1.44 0.11 0.13 0.13 0.16 0.19 0.15 0.03 0.05 0.36 0.28 3.37 0.23 0.00 0.10 0.13 1.30 0.61 0.03 0.12 0.16 0.15 1.62 1.30 24.48 19.33 0.31 0.25 0.34 0.15 0.12 0.07 0.08 0.05 0.10 0.24 0.30 0.09 0.07 0.42 0.53 0.86 5.51 6.70 0.20 0.16 0.61 0.08 0.09 0.31 0.41 0.72 0.91 0.69 10.78 9.36 11.87 0.04 0.06 0.01 3.71 3.75

M

22

WWW.NORTHERNMINER.COM

JANUARY 18—31, 2021 / THE NORTHERN MINER

ST O C K TA B L E S (100s) Stock

Exc Volume

Week Low

0.11 0.11 unch 2.84 2.84 + 2.22 2.22 + 0.00 0.06 + 0.07 0.07 0.09 0.12 0.37 0.40 0.08 0.09 0.06 0.06 + 0.04 0.05 + 0.22 0.25 + 0.94 0.98 + 1.21 1.26 + 0.09 0.09 unch 0.88 0.90 unch 0.22 0.37 + 0.24 0.28 + 0.30 0.32 + 1.88 2.74 + 2.51 3.47 + 0.10 0.11 + 0.13 0.15 + 0.08 0.08 0.54 0.57 + 0.43 0.46 + 0.50 0.52 0.39 0.40 0.52 0.55 + 0.67 0.70 + 0.11 0.12 + 0.13 0.15 + 0.19 0.20 0.24 0.25 0.00 24.16 unch 0.00 0.00 + 0.06 0.07 + 0.04 0.05 + 0.07 0.07 + 0.05 0.05 unch 0.00 0.00 0.26 0.30 + 0.06 0.06 unch 0.45 0.49 0.26 0.27 0.27 0.30 + 0.08 0.08 + 0.11 0.11 unch 0.56 0.61 0.42 0.47 + 0.13 0.14 + 0.10 0.10 + 0.53 0.56 + 0.41 0.42 0.22 0.24 0.27 0.31 0.00 0.22 0.16 0.16 0.87 0.89 0.01 0.01 unch 0.00 0.01 unch 0.03 0.03 unch 0.36 0.41 + 0.47 0.51 + 0.09 0.09 unch 0.07 0.08 + 0.15 0.15 0.17 0.18 unch 23.22 26.81 + 0.00 0.10 + 0.47 0.47 unch 0.32 0.33 0.41 0.41 0.60 0.70 + 0.47 0.55 + 0.90 0.92 0.17 0.17 0.13 0.14 0.08 0.08 0.30 0.31 unch

Metalo Manuf Metalore Res Metalore Res* Metals Creek* Metals Creek Metals X* Metron Capital Mexican Gold* MGX Minerals MGX Minerals* Mich Resources Midas Gold* Midas Gold Midasco Cap Midland Expl Midnight Star Midnight Sun* Midnight Sun Millennial Lit* Millennial Lit Millrock Res* Millrock Res Milner Con Slv Minaurum Gold Minaurum Gold* Minco Silver Minco Silver* Minera Alamos * Minera Alamos Minera IRL* Minera IRL Mineral Mtn* Mineral Mtn Mineral Res* MineralRite* Mineworx Tech Mineworx Tech* Minfocus Expl Minfocus Expl* Mining Global* Minnova Corp Minsud Res Mirasol Res Mistango River Mkango Res ML Gold* ML Gold Corp Mojave Gold Mojave Gold* Monarca Mnrls Monarca Mnrls* Monarch Gold Monarch Gold* Moneta Porcpn* Moneta Porcpn Monitor Vent Monitor Vent* Montage Gold Montego Res* Montego Res Monterey Min Montero Mg&Ex * Montero Mg&Ex Monument Mng Monument Mng* Morien Res* Morien Res Mosaic* Mosaic Min Mount Gibson * Mountain Boy* Mountain Boy Mountain Prov Mountain Prov* MPV Explor Mundoro Cap Mundoro Cap* Murchison Min Musgrave Min*

C 40 V 3 O 3 O 23 V 739 O 237 V 441 O 218 C 1159 O 892 C 170 O 3561 T 2339 V 675 V 68 C 3733 O 147 V 317 O 261 V 817 O 1980 V 1150 V 17 V 877 O 848 T 251 O 118 O 1703 V 2683 O 372 C 642 O 185 V 848 O 0 O 11886 V 928 O 505 V 278 O 94 O 1883321 V 413 V 59 V 950 C 1223 V 319 O 50 V 210 C 311 O 16 V 4478 O 1383 T 4407 O 2540 O 1244 T 5252 V 12 O 11 V 697 O 0 C 1 C 1311 O 115 V 717 V 516 O 6 O 42 V 50 N 37290 C 226 O 3 O 267 V 1015 T 379 O 180 C 3248 V 165 O 148 V 101 O 21

0.11 2.84 2.22 0.06 0.08 0.12 0.44 0.10 0.06 0.05 0.26 1.14 1.44 0.09 0.96 0.37 0.31 0.37 3.10 4.00 0.12 0.15 0.10 0.69 0.54 0.58 0.46 0.60 0.75 0.12 0.15 0.21 0.26 0.00 0.00 0.07 0.05 0.07 0.05 0.00 0.33 0.06 0.54 0.32 0.31 0.08 0.12 0.64 0.50 0.20 0.15 0.59 0.49 0.31 0.39 0.29 0.22 0.95 0.01 0.00 0.04 0.52 0.65 0.10 0.08 0.15 0.18 27.90 0.10 0.74 0.41 0.51 0.73 0.56 1.04 0.19 0.15 0.10 0.31

NA Frac Sand* NACCO Ind* Namibia Crit Namibia Crit* Natural Res Pt* Nautilus Mnrls* Navis Res Corp* Navy Res Neo Lithium Neometals* Network Expl* Network Expl Nevada Canyon* Nevada Copper Nevada Expl * Nevada Expl Nevada Sunrise* Nevada Sunrise Nevada Zinc Nevado Res New Age Metals* New Age Metals New Carolin Gd* New Carolin Gd New Destiny Mg* New Destiny Mg New Energy Met* New Energy Met New Found Gold New Gold New Gold* New Guinea Gld* New Jersey Mng* New Klondike* New Oroperu New Pac Metals New Placer* New Placer New Stratus New Tech Min* New Tech Min New World Res* Newcore Gold Newcore Gold* Newcrest Mg Newcrest Mg* Newlox Gold Newmac Res Newmont Corp Newmont Corp* Newport Expl Newport Gold* NewRange Gold* NewRange Gold Nexa Resources Nexa Resources* Nexco Res Nexgen Energy Nexgen Energy* NextSource Mat Nexus Gold* Nexus Gold NGEx Minerals* NGEx Minerals Nickel Creek Nickel Creek* Nickel North Nickel Rock Nickel Rock* Nicola Mg Inc Nicola Mg Inc* Nighthawk Gold* Nighthawk Gold Niobay Metals Niocan Inc Niocorp Dev Niocorp Dev* Nippon Dragon Nippon Dragon* Noble Metal * Noble Metal Noble Mineral* Noble Mineral Noram Vent* Noram Vent Noranda Alum* Norilsk Nickel* Noront Res* Noront Res Norra Metals Norse Gold Norseman Silv Norsemont Cap

O N V O N O O V V O O V O T O V O V V V O V O V O V O V V T X O O O V T O V V O C O V O T O C V T N V O O V T N C T X T O V O V T O V V O V O O T V V T O V O O V O V O V O O O V V V V C

0.01 27.09 0.33 0.29 15.58 0.00 3.36 0.65 2.67 0.32 0.61 0.78 0.45 0.22 0.15 0.20 0.13 0.17 0.14 0.13 0.09 0.11 0.05 0.06 0.00 0.08 0.07 0.10 4.39 3.05 2.40 0.00 0.29 0.00 3.05 8.75 0.29 0.38 0.40 0.06 0.09 2.06 0.77 0.59 30.25 22.20 0.40 0.08 83.59 65.78 0.53 0.00 0.13 0.17 12.86 10.41 0.40 3.92 3.09 0.10 0.08 0.09 0.40 0.58 0.16 0.14 0.05 0.58 0.46 0.16 0.12 1.17 1.48 0.61 0.18 0.88 0.71 0.05 0.04 0.02 0.02 0.10 0.13 0.47 0.57 0.05 36.19 0.24 0.31 0.11 0.14 0.47 1.25

Last

12-month

High

Change

Stock

0.00 0.13 0.10 0.00 0.01 0.00 0.04 0.02 0.01 0.00 0.03 0.03 0.04 0.00 0.00 0.15 0.04 0.02 0.71 0.90 0.01 0.03 0.06 0.02 0.03 0.01 0.00 0.03 0.02 0.01 0.01 0.00 0.01 0.00 0.00 0.01 0.00 0.01 0.00 0.00 0.06 0.00 0.01 0.03 0.03 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.05 0.07 0.04 0.04 0.03 0.00 0.00 0.00 0.03 0.01 0.00 0.00 0.01 0.00 3.80 0.02 0.00 0.02 0.02 0.10 0.09 0.04 0.03 0.02 0.02 0.00

0.30 3.65 2.22 0.08 0.10 0.12 0.44 0.15 0.15 0.11 0.40 1.55 2.04 0.09 1.13 0.37 0.31 0.37 3.10 4.00 0.23 0.32 0.20 0.85 0.67 0.83 0.60 0.62 0.78 0.18 0.25 0.41 0.51 26.45 0.00 0.13 0.10 0.09 5.00 0.00 0.60 0.10 0.59 0.41 0.31 0.16 0.18 0.67 0.52 0.30 0.20 0.60 0.49 0.32 0.39 0.45 0.37 1.27 0.01 0.06 0.10 0.52 0.65 0.12 0.09 0.50 0.65 27.90 0.10 0.74 0.52 0.69 1.21 0.86 1.15 0.21 0.18 0.17 0.60

0.07 1.00 0.81 0.02 0.03 0.03 0.15 0.01 0.05 0.02 0.15 0.16 0.24 0.07 0.46 0.10 0.04 0.03 0.38 0.61 0.06 0.09 0.02 0.22 0.16 0.20 0.14 0.11 0.16 0.07 0.05 0.13 0.22 11.60 0.00 0.05 0.04 0.02 0.01 0.00 0.05 0.01 0.29 0.03 0.05 0.06 0.08 0.03 0.02 0.02 0.01 0.11 0.07 0.04 0.06 0.12 0.08 0.75 0.00 0.01 0.02 0.03 0.01 0.04 0.00 0.06 0.08 6.50 0.05 0.40 0.09 0.14 0.25 0.17 0.21 0.09 0.06 0.05 0.30

0.00 1.63 0.03 0.01 1.60 0.00 0.09 0.02 0.48 0.03 0.02 0.02 0.09 0.07 0.00 0.01 0.02 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.01 0.00 0.04 0.08 0.05 0.00 0.01 0.00 0.55 0.31 0.04 0.05 0.05 0.01 0.01 0.10 0.09 0.05 0.50 0.05 0.07 0.01 3.52 2.90 0.03 0.00 0.00 0.01 0.75 0.70 0.05 0.21 0.17 0.02 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.12 0.10 0.01 0.01 0.00 0.02 0.07 0.01 0.04 0.03 0.00 0.01 0.00 0.01 0.02 0.03 0.03 0.06 0.02 4.32 0.04 0.05 0.00 0.07 0.00 0.05

0.03 49.03 0.37 0.29 22.02 0.02 5.00 0.70 2.67 0.40 0.69 0.93 4.00 0.38 0.30 0.39 0.25 0.31 0.16 0.18 0.11 0.15 0.09 0.11 0.07 0.11 0.20 0.11 4.90 3.05 2.40 0.13 0.39 0.00 3.59 8.75 0.80 0.95 0.62 0.10 0.15 2.55 0.92 0.70 31.25 26.42 0.40 0.16 96.45 72.22 0.53 0.01 0.31 0.43 12.86 10.41 0.40 3.92 3.09 0.10 0.12 0.14 0.50 0.69 0.33 0.24 0.10 0.58 0.46 0.21 0.14 2.20 2.90 0.93 0.28 1.02 0.78 0.09 0.06 0.00 0.03 0.10 0.14 0.44 0.57 0.15 36.19 0.24 0.31 0.21 0.17 0.50 2.79

0.00 17.95 0.10 0.06 8.50 0.00 0.92 0.12 0.38 0.05 0.06 0.08 0.11 0.06 0.08 0.12 0.01 0.01 0.03 0.07 0.02 0.05 0.02 0.03 0.00 0.02 0.00 0.03 1.24 0.55 0.39 0.00 0.12 0.00 0.54 2.34 0.05 0.22 0.03 0.02 0.03 0.36 0.14 0.09 25.02 11.59 0.03 0.03 44.00 33.00 0.25 0.00 0.05 0.07 3.94 2.57 0.06 0.76 0.50 0.02 0.01 0.03 0.16 0.24 0.02 0.02 0.01 0.04 0.02 0.04 0.04 0.39 0.97 0.20 0.10 0.53 0.38 0.01 0.01 0.00 0.01 0.02 0.03 0.05 0.07 0.00 18.62 0.08 0.12 0.02 0.02 0.04 0.25

N-O 29330 84 452 285 82 1223 75 21 5575 193 130 391 12 38254 825 867 836 375 350 22 519 1570 726 1694 6 3 2 88 1147 15946 53669 1083 660 313 269 1154 916 2769 195 1 240 75 746 19 4 27 7140 43 877 39019 596 823 513 1725 3 209 78 10407 7752 6102 640 6958 1 387 3053 1196 244 6987 6574 1410 161 56 507 260 454 1023 1784 211 47 0 4729 91 1520 530 2208 434 668 352 4868 227 167 870 1452

0.00 24.30 0.25 0.19 13.76 0.00 2.85 0.62 1.98 0.20 0.52 0.65 0.14 0.15 0.12 0.16 0.10 0.13 0.11 0.00 0.07 0.09 0.04 0.05 0.00 0.00 0.00 0.00 4.03 2.66 2.08 0.00 0.24 0.00 2.25 7.99 0.23 0.30 0.00 0.06 0.08 1.85 0.61 0.50 26.00 0.00 0.27 0.06 78.15 61.66 0.49 0.00 0.11 0.14 11.66 8.85 0.00 3.31 2.57 0.07 0.06 0.08 0.39 0.50 0.13 0.10 0.04 0.34 0.28 0.14 0.10 1.01 1.28 0.53 0.16 0.75 0.59 0.05 0.03 0.02 0.01 0.06 0.08 0.38 0.49 0.02 32.68 0.15 0.19 0.10 0.08 0.37 0.98

0.01 24.67 0.27 0.21 15.35 0.00 3.00 0.62 2.47 0.22 0.53 0.68 0.30 0.21 0.14 0.16 0.11 0.14 0.12 0.13 0.07 0.10 0.05 0.05 0.00 0.08 0.07 0.08 4.11 2.72 2.14 0.00 0.27 0.00 2.42 8.34 0.24 0.31 0.35 0.06 0.09 1.95 0.63 0.52 26.00 20.65 0.34 0.08 79.70 62.79 0.52 0.00 0.11 0.14 11.66 8.94 0.33 3.72 2.93 0.08 0.06 0.08 0.39 0.53 0.16 0.12 0.04 0.46 0.37 0.15 0.12 1.03 1.30 0.61 0.16 0.77 0.61 0.05 0.03 0.02 0.02 0.09 0.12 0.43 0.56 0.05 35.80 0.19 0.23 0.10 0.14 0.40 1.01

+ + + + + + + + + + + unch + unch unch unch + unch + + + unch + + + + + + + unch + + + + unch + + + unch + + + + unch + unch unch + + + + + + + + + unch + unch -

(100s)

High Low

(100s) Stock

Week

Exc Volume

High

Low

Norsemont Cap* Nortec Mnls Nortec Mnls* North Am Nickl North Am Nickl* North Arrow Mn* North Arrow Mn North Bay Res * North Peak Res* North Peak Res Northcliff Res Northern Light Northern Uran Northisle C&G * Northisle C&G Northstar Gold Northstar Gold* Norvista Cap NorZinc* NorZinc Nouveau Monde* Nouveau Monde NovaGold Res NovaGold Res* Novo Res* Novo Res NQ Minerals Pl* NRG Metals* Nrthn Graphite* Nrthn Graphite Nrthn Lion Nrthn Lion* Nrthn Mnrls &E* Nrthn Shield Nrthn Superior* Nrthn Superior Nrthn Vertex* Nrthn Vertex NSGold NSS Res Inc Nthn Dynasty Nthn Dynasty* Nthrn Sphere* Nubian Res Nuinsco Res Nuinsco Res* NuLegacy Gold NuLegacy Gold* Nutrien* Nutrien NV Gold NV Gold* O.T. Mining* O3 Mining* O3 Mining Oakley Vent OceanaGold OceanaGold* Oceanic Iron O Oceanic Iron O* Oceanus Res* Oceanus Res Odyssey Res Olivut Res* Olivut Res Omai Gold Omineca Mining Omineca Mining* One World Lith One World Lith* Opawica Expl Opawica Expl* Ophir Gold Ophir Gold* Optimum Vent Opus One Gold Opus One Gold* Orbite Tech* Orca Gold* Orca Gold Orea Mining* Orea Mining Orefinders Res Orestone Mng Orex Mnrls* Orex Mnrls Orezone Gold* Orezone Gold Orford Mining OrganiMax* OrganiMax Origen Res Origin Gold Original Sixtn* Orla Mining Oro X Mining* Oro X Mining Oroco Res Oroco Res* Orocobre Oronova Energy* Orosur Mng Orsu Metals Orsu Metals* Orvana Mnrls* Orvana Mnrls Osino Res Osisko Dev* Osisko Gold* Osisko Gold Osisko Metals* Osisko Metals Osisko Mng Inc Otso Gold* Otso Gold Outback Gold Outcrop Gold Outcrop Gold* OZ Minerals*

O 723 V 322 O 440 V 937 O 644 O 1 V 433 O 118328 O 42 V 52 T 421 C 1654 V 1216 O 168 V 1118 C 551 O 80 V 119 O 1430 T 3242 O 8026 V 14693 T 1550 X 7007 O 1312 T 3439 O 368 O 884 O 610 V 274 V 35 O 0 O 48 V 1859 O 450 V 375 O 556 V 996 V 3 C 25101 T 9252 X 160446 O 11 V 568 C 7075 O 438 V 3387 O 3162 N 14666 T 7643 V 861 O 552 O 18 O 63 V 316 C 106 T 9456 O 3 V 370 O 0 O 336 V 1205 V 10 O 123 V 184 V 1207 V 325 O 775 C 313 O 33 V 70 O 0 V 772 O 154 V 4 V 407 O 1 O 601 O 756 V 1478 O 878 T 3412 V 929 V 492 O 368 V 1069 O 355 V 1043 V 1201 O 4 V 213 C 120 V 226 O 11 T 2704 O 76 V 728 V 628 O 634 T 729 O 1 T 298 V 69 O 0 O 51 T 279 V 957 O 67 N 6137 T 3069 O 232 V 568 T 5651 O 131 V 1227 C 81 V 2031 O 1006 O 3

0.96 0.03 0.02 0.20 0.16 0.05 0.10 0.00 0.48 0.59 0.06 0.09 0.03 0.29 0.40 0.32 0.25 0.16 0.06 0.08 1.56 1.98 13.33 10.44 1.91 2.58 0.12 0.71 0.25 0.32 0.38 0.00 0.06 0.10 1.22 1.55 0.45 0.55 0.30 0.12 0.61 0.49 0.02 0.59 0.02 0.01 0.16 0.13 52.65 66.97 0.34 0.27 0.10 2.65 3.38 0.18 2.74 2.03 0.24 0.00 0.51 0.61 0.04 0.09 0.11 0.24 0.41 0.35 0.08 0.06 0.21 0.00 0.31 0.24 0.50 0.06 0.04 0.00 0.74 0.93 0.15 0.20 0.17 0.15 0.17 0.22 0.97 1.24 0.22 0.05 0.11 0.21 0.23 0.19 7.30 0.68 0.90 1.90 1.49 5.08 0.04 0.50 0.37 0.28 0.29 0.37 1.48 9.23 13.53 17.16 0.37 0.49 3.97 0.04 0.05 1.27 0.69 0.55 15.60

0.77 0.02 0.02 0.14 0.11 0.05 0.08 0.00 0.41 0.53 0.00 0.07 0.02 0.20 0.26 0.27 0.21 0.00 0.05 0.07 0.82 1.04 12.21 9.57 1.87 2.34 0.07 0.38 0.20 0.26 0.37 0.00 0.04 0.09 0.95 1.20 0.39 0.49 0.00 0.05 0.41 0.32 0.02 0.51 0.01 0.01 0.13 0.10 48.45 61.61 0.26 0.20 0.05 2.28 2.90 0.16 2.51 1.98 0.21 0.00 0.38 0.47 0.04 0.06 0.09 0.22 0.36 0.28 0.07 0.05 0.18 0.00 0.24 0.20 0.45 0.05 0.04 0.00 0.59 0.75 0.13 0.17 0.14 0.13 0.14 0.18 0.83 1.06 0.18 0.05 0.08 0.17 0.20 0.18 6.30 0.52 0.66 1.75 1.34 4.43 0.00 0.38 0.00 0.00 0.26 0.33 1.26 6.18 12.47 15.88 0.34 0.44 3.41 0.04 0.04 1.05 0.47 0.38 14.65

P2 Gold* P2 Gold Pac Bay Mnrls Pac Booker Min Pac Booker Min* Pac Cascade Pac Imperial Pac Ridge Expl Pac Ridge Expl* Pac Wildcat* Pacific Empire Pacific Rim Pacific Rim* Pacific Silk* Pacific Silk Pacton Gold Paladin Energy* Palamina Corp Palamina Corp* Palayan Res* Paleo Resource Paleo Resource* Palladium One Palladium One* Pampa Metals Pan Am Silver Pan Am Silver* Pan Andean Min* Pan Global Res* Pan Global Res Pancontinental Pancontinental* Panex Res* Pangolin Dia Panoro Mnrls Panoro Mnrls* Pantheon Vent Para Resources Paramount Gold* Paringa Res* Pasinex Res Pasofino Gold* Pasofino Gold Patriot Gold Patriot Gold* Peabody Enrgy* Pegasus Res Pegasus Res* Pelangio Expl* Pelangio Expl Peloton Mnrls Peloton Mnrls* PepinNini Lith*

O V V V O V V V O O V C O O V V O V O O V O V O C T D O O V V O O V V O V V X O C O V C O N V O O V C O O

0.35 0.50 0.13 2.18 2.00 0.14 0.06 0.09 0.07 0.00 0.07 0.70 0.36 0.01 0.04 1.09 0.26 0.24 0.19 0.90 0.01 0.01 0.36 0.30 0.59 49.13 38.69 0.00 0.43 0.62 0.10 0.08 0.00 0.04 0.21 0.17 0.14 0.50 1.25 0.01 0.04 0.16 0.21 0.29 0.20 3.75 0.06 0.04 0.15 0.22 0.12 0.10 0.26

Last

12-month Change

High Low

0.81 0.02 unch 0.02 unch 0.19 + 0.15 + 0.05 unch 0.09 + 0.00 unch 0.43 0.55 unch 0.05 + 0.07 0.02 unch 0.27 + 0.34 + 0.31 + 0.24 + 0.16 unch 0.06 + 0.08 + 1.42 + 1.80 + 12.43 + 9.76 + 1.88 unch 2.38 unch 0.12 + 0.59 + 0.23 + 0.30 + 0.37 unch 0.35 unch 0.04 0.09 unch 0.98 1.23 0.40 0.51 0.30 + 0.11 + 0.47 + 0.37 + 0.02 unch 0.55 + 0.02 + 0.01 0.13 0.10 51.40 + 65.37 + 0.29 0.22 + 0.09 + 2.40 3.00 0.18 + 2.52 + 1.98 + 0.23 + 0.18 unch 0.42 0.50 0.04 unch 0.08 + 0.11 + 0.22 0.39 + 0.30 0.07 0.06 0.20 unch 0.11 unch 0.24 0.20 0.45 0.05 0.04 unch 0.00 0.62 0.77 0.14 0.17 0.15 + 0.13 0.16 + 0.19 + 0.91 + 1.14 + 0.19 0.05 + 0.11 + 0.18 + 0.20 0.19 + 6.67 0.68 + 0.81 + 1.79 1.43 4.88 + 0.04 0.38 0.37 + 0.28 + 0.26 0.34 1.36 + 6.50 + 12.70 + 16.12 0.36 + 0.48 + 3.47 0.04 0.04 unch 1.05 0.54 0.42 15.60 +

0.02 0.00 0.00 0.03 0.03 0.00 0.02 0.00 0.00 0.00 0.01 0.01 0.00 0.07 0.06 0.03 0.03 0.00 0.00 0.01 0.61 0.77 0.11 0.09 0.00 0.00 0.10 0.23 0.01 0.01 0.00 0.00 0.01 0.00 0.16 0.29 0.01 0.02 0.06 0.04 0.06 0.05 0.00 0.02 0.01 0.00 0.01 0.01 3.24 4.13 0.01 0.00 0.03 0.08 0.17 0.03 0.06 0.10 0.01 0.00 0.03 0.09 0.00 0.01 0.02 0.02 0.01 0.01 0.01 0.00 0.00 0.00 0.07 0.03 0.05 0.01 0.00 0.00 0.08 0.13 0.01 0.02 0.01 0.01 0.03 0.03 0.05 0.04 0.01 0.00 0.02 0.02 0.03 0.01 0.19 0.14 0.12 0.06 0.01 0.49 0.01 0.10 0.06 0.04 0.01 0.01 0.12 0.50 0.02 0.01 0.03 0.04 0.23 0.00 0.00 0.23 0.10 0.09 0.92

2.21 0.05 0.12 0.30 0.33 0.06 0.10 0.00 3.00 1.38 0.07 0.11 0.03 0.29 0.40 0.55 0.38 0.19 0.09 0.12 1.56 1.98 18.00 12.85 3.30 4.16 0.13 0.59 0.28 0.35 0.45 0.35 0.25 0.18 1.24 1.55 0.57 0.72 0.69 0.12 3.28 2.49 0.05 0.69 0.02 0.03 0.24 0.19 52.65 66.97 0.48 0.38 0.10 3.88 3.68 0.25 4.01 2.86 0.24 0.18 0.53 0.70 0.06 0.09 0.11 0.30 0.75 0.55 0.15 0.11 0.24 0.11 0.31 0.24 0.53 0.12 0.08 0.16 0.75 0.93 0.19 0.25 0.26 0.28 0.24 0.31 1.01 1.27 0.24 0.13 0.14 0.27 0.37 0.25 7.51 0.68 0.90 2.12 1.65 5.08 0.05 0.70 0.45 0.33 0.29 0.37 1.65 10.79 13.53 17.50 0.42 0.57 4.85 0.08 0.11 1.55 0.88 0.66 15.60

0.20 0.01 0.00 0.06 0.05 0.02 0.03 0.00 0.16 0.30 0.02 0.02 0.01 0.01 0.02 0.19 0.18 0.04 0.01 0.02 0.09 0.13 6.40 4.65 1.00 1.41 0.02 0.04 0.07 0.10 0.11 0.14 0.02 0.05 0.11 0.14 0.11 0.15 0.10 0.03 0.39 0.31 0.00 0.07 0.01 0.00 0.03 0.02 23.85 34.80 0.07 0.05 0.02 0.64 1.06 0.12 1.16 0.00 0.07 0.08 0.03 0.04 0.02 0.02 0.03 0.15 0.06 0.06 0.03 0.02 0.05 0.03 0.08 0.08 0.16 0.02 0.04 0.00 0.15 0.20 0.06 0.09 0.04 0.03 0.03 0.04 0.14 0.22 0.02 0.03 0.04 0.12 0.06 0.02 1.48 0.17 0.23 0.20 0.05 1.60 0.04 0.03 0.10 0.09 0.09 0.11 0.43 0.33 4.65 6.35 0.17 0.24 1.67 0.03 0.04 0.11 0.09 0.07 3.48

0.33 0.35 + 0.36 0.50 + 0.00 0.11 2.00 2.00 unch 1.60 1.60 0.12 0.12 0.04 0.05 + 0.06 0.08 + 0.05 0.07 + 0.00 0.00 + 0.06 0.07 unch 0.32 0.48 + 0.21 0.36 + 0.01 0.01 unch 0.00 0.03 0.90 0.92 0.20 0.24 + 0.21 0.24 + 0.17 0.18 + 0.65 0.82 + 0.01 0.01 unch 0.00 0.01 + 0.24 0.34 + 0.19 0.26 + 0.45 0.59 + 44.19 45.03 + 34.68 35.41 + 0.00 0.00 unch 0.40 0.40 0.51 0.57 + 0.09 0.10 0.06 0.08 + 0.00 0.00 + 0.03 0.03 0.17 0.21 + 0.14 0.16 + 0.11 0.13 + 0.31 0.45 + 1.08 1.11 0.01 0.01 unch 0.03 0.04 + 0.15 0.15 + 0.19 0.19 unch 0.18 0.24 + 0.14 0.16 + 2.45 3.21 + 0.05 0.06 + 0.00 0.04 unch 0.11 0.14 + + 0.15 0.19 0.10 0.12 unch 0.08 0.09 0.23 0.26 +

0.10 0.10 0.02 0.00 0.41 0.02 0.01 0.03 0.03 0.00 0.00 0.19 0.14 0.00 0.01 0.11 0.04 0.02 0.03 0.02 0.00 0.00 0.09 0.06 0.13 1.13 0.90 0.00 0.03 0.07 0.01 0.00 0.00 0.01 0.04 0.02 0.02 0.14 0.06 0.00 0.01 0.01 0.00 0.04 0.01 0.80 0.01 0.00 0.02 0.04 0.00 0.00 0.03

0.59 0.90 0.19 2.60 2.07 0.22 0.08 0.09 0.07 0.01 0.21 0.70 0.53 0.03 0.04 1.81 0.26 0.34 0.26 1.82 0.04 0.03 0.36 0.49 0.70 53.30 40.11 0.00 0.56 0.72 0.13 0.20 0.00 0.05 0.21 0.17 0.14 1.10 1.48 0.03 0.04 0.31 0.42 0.50 0.20 9.87 0.07 0.05 0.20 0.27 0.15 0.12 0.26

0.10 0.05 0.05 1.12 0.84 0.03 0.01 0.03 0.02 0.00 0.03 0.09 0.06 0.00 0.01 0.35 0.03 0.09 0.06 0.25 0.01 0.00 0.05 0.03 0.37 14.22 10.61 0.00 0.05 0.06 0.02 0.02 0.00 0.02 0.07 0.04 0.01 0.10 0.47 0.00 0.01 0.01 0.04 0.07 0.02 0.80 0.01 0.00 0.08 0.11 0.04 0.03 0.00

P-Q 59 889 4 23 37 652 1037 1560 162 10 810 122 71 1 6 537 8596 93 37 1700 241 953 11084 2607 1793 2828 18087 0 6 1154 780 47 40 296 985 22 701 946 1358 8 213 48 525 244 882 25199 4544 16 124 1460 107 43 4

Exc Volume

Week Low

397 517 204 37 3617 6 2 18 9 204 183 815 77 3 73 34 396 1176 975 2062 13 1329 14265 1232 749 171 2110 68 1510 364 543 624 47 2222 842 3183 33 949 824 6344 6376 3271 168 153 42 2114 410 116 150 247 738 1755 22 114 10 145 496 145 17 123 877 173 1065 187 7925 81 547 20 230 339 4268 6151 2343 27 530 860 344 235 561 177 79 858 1085 5068 9139 199 1113 114 12 667 1180 325 455

1.42 0.06 0.02 0.06 0.10 0.09 0.05 0.06 0.66 0.33 0.20 0.26 0.41 111.65 0.16 0.04 0.11 0.48 0.38 0.09 0.05 7.59 5.99 0.04 0.14 0.11 3.78 4.83 0.11 0.10 0.03 0.10 0.07 0.35 0.42 0.06 0.04 0.24 0.29 3.24 12.46 15.74 0.10 0.12 1.59 2.10 0.07 0.62 0.08 1.46 1.88 0.15 0.06 0.28 6.99 0.15 2.28 0.24 0.17 0.10 0.14 0.11 0.90 0.70 0.02 0.13 0.18 0.02 0.66 0.84 2.23 2.68 0.09 0.26 0.38 0.32 0.33 0.21 0.26 0.16 0.13 0.20 0.25 0.17 0.21 0.11 0.14 0.04 0.16 0.08 0.06 0.03 0.64

1.23 1.26 unch 0.05 0.06 + 0.01 0.02 0.05 0.06 + 0.06 0.09 + 0.09 0.09 unch 0.05 0.05 unch 0.06 0.06 unch 0.53 0.66 + 0.28 0.30 0.00 0.20 + 0.23 0.26 + 0.35 0.35 unch 100.00 105.75 0.14 0.14 unch 0.04 0.04 + 0.09 0.09 unch 0.40 0.43 + 0.32 0.34 + 0.08 0.08 unch 0.05 0.05 unch 5.95 6.32 + 4.65 4.99 + 0.03 0.03 + 0.11 0.11 0.09 0.09 3.31 3.67 + 4.22 4.63 + 0.10 0.10 0.07 0.09 + 0.02 0.02 + 0.08 0.10 + 0.05 0.07 + 0.26 0.27 0.33 0.35 0.04 0.06 + 0.02 0.04 + 0.19 0.20 + 0.25 0.26 + 3.03 3.14 + 10.98 11.10 13.98 14.08 0.07 0.10 + 0.08 0.12 + 1.45 1.51 1.84 1.94 + 0.06 0.07 + 0.50 0.60 + 0.08 0.08 unch 1.31 1.38 + 1.66 1.75 + 0.08 0.13 + 0.06 0.06 unch 0.25 0.28 unch 5.36 6.99 + 0.10 0.11 1.45 2.15 + 0.20 0.24 + 0.00 0.17 unch 0.10 0.10 + 0.11 0.12 0.07 0.11 + 0.73 0.73 0.57 0.57 0.02 0.02 + 0.13 0.13 0.17 0.18 + 0.02 0.02 unch 0.50 0.62 + 0.68 0.79 + 1.74 1.78 2.21 2.26 0.08 0.09 + 0.24 0.24 0.25 0.26 0.24 0.25 0.19 0.20 0.18 0.19 + 0.23 0.24 + 0.14 0.15 0.12 0.12 0.15 0.19 + 0.21 0.25 + 0.13 0.15 + 0.18 0.19 + 0.09 0.09 0.11 0.12 0.03 0.03 unch 0.15 0.15 unch 0.07 0.08 + 0.05 0.06 + 0.01 0.02 + 0.52 0.63 +

V 5 O 6 V 647 V 319 O 56 C 62 C 439 O 247 V 35 O 0 O 104 O 1130 V 4298 C 246 O 1012 V 68 V 1650 O 7 V 953 V 10 O 500 C 1609 V 578 O 64 O 210 V 1340 V 112 O 363 V 435 V 2598 O 2235 V 177 O 26 V 985 V 256 O 67 V 533 V 40 O 128811 V 543 O 31 N 13351 O 14 O 0 O 1392 V 1160 C 69 O 102 O 897 V 540 O 60 V 117 V 480 O 23 V 328 O 214 V 957 O 62 C 713 C 111 O 138 V 496 V 1144 V 1 O 31 O 2 V 6289 O 0 V 170 O 4141 O 510 V 1865 V 537 O 421 O 837 V 3211 V 182 O 243 V 2035 T 4252 O 536 D 2517 O 250 V 454 O 1 V 861

0.18 0.12 0.36 0.35 0.11 0.10 0.24 2.80 0.13 0.00 0.02 1.14 0.06 0.10 0.00 0.14 0.04 3.02 1.10 0.18 0.06 0.06 0.10 0.00 0.09 0.12 0.19 0.69 0.88 1.48 1.25 0.93 0.05 0.06 0.53 0.08 0.10 0.60 0.00 0.09 0.08 86.90 86.20 92.08 0.81 1.03 0.89 0.70 0.29 0.35 0.21 0.28 0.48 0.08 0.12 1.68 2.10 0.06 0.08 0.04 0.15 0.19 0.13 0.00 0.07 0.00 1.13 0.00 0.11 1.10 0.60 0.76 0.07 0.05 0.34 0.40 0.20 0.10 0.13 1.69 1.38 112.42 0.00 0.40 0.08 0.11

Perseus Mng T Pershimex Res V Pershing Res* O Peruvian Metal* O Peruvian Metal V Philex Mng* O Philippine Mtl* O Philippine Mtl V Phoenix Global* O Phoenix Gold V Pine Cliff En* O Pine Cliff En T Pivit Explor C PJSC Polyus Gd* O PJX Res V Plata Latina V Plate Res V Plateau Energy V Plateau Energy* O Platinex Inc C Platinex Inc* O Platinum Gp Mt T Platinum Gp Mt* X Plato Gold V Playfair Mng V Playfair Mng* O PolyMet Mng* X PolyMet Mng T Portofino Res V Portofino Res* O Potash Ridge* O Power Group V Power Group* O Power Metals* O Power Metals V PPX Mining V PPX Mining* O Precipitate Gl* O Precipitate Gl V Premier Gold M T Pretium Res* N Pretium Res T Prime Meridia* O Prime Meridian V Prime Mining* O Prime Mining V Prism Res V Prismo Metals C ProAm Expl V Probe Metals* O Probe Metals V Prog Planet V Prog Planet* O Project One C Promithian Gl * O Prophecy Pot C Prosper Gold V Prospero Silvr V Prospero Silvr* O Provenance Gld C Providence V Providence Gld* O Pucara Gold V Pucara Gold* O PUF Vent Inc * O Puma Expl* O Puma Expl V Pure Alumina* O Pure Energy* O Pure Energy V Pure Gold Mg* O Pure Gold Mg V Purepoint Uran V Q-Gold Res* O Q-Gold Res V QC Copper V QC Copper* O QC Precious * O QC Precious V QcX Gold V QcX Gold* O QMC Quantum Ml* O QMC Quantum Ml V QMX Gold* O QMX Gold V Quadro Res* O Quadro Res V Quantum Cobalt C Quartz Mtn Res V Quaterra Res V Quaterra Res* O Quest Rare Mnl* O Questex Gold V

Last

12-month

High

Change

Stock

0.00 0.01 0.00 0.02 0.03 0.00 0.00 0.00 0.12 0.02 0.02 0.04 0.00 0.25 0.00 0.01 0.00 0.07 0.05 0.00 0.00 0.45 0.35 0.01 0.02 0.02 0.26 0.37 0.01 0.02 0.01 0.03 0.02 0.03 0.05 0.02 0.01 0.01 0.02 0.13 0.38 0.51 0.03 0.04 0.02 0.02 0.02 0.04 0.00 0.08 0.05 0.05 0.00 0.00 0.99 0.01 0.68 0.05 0.00 0.01 0.01 0.01 0.10 0.08 0.00 0.01 0.01 0.00 0.07 0.08 0.26 0.32 0.01 0.01 0.12 0.07 0.06 0.01 0.01 0.01 0.01 0.01 0.03 0.02 0.03 0.01 0.01 0.00 0.00 0.01 0.00 0.01 0.08

1.52 0.10 0.02 0.06 0.10 0.10 0.08 0.12 0.70 0.39 0.24 0.31 0.42 128.00 0.18 0.05 0.12 0.49 0.38 0.13 0.08 8.00 6.27 0.05 0.21 0.15 9.70 13.00 0.26 0.25 0.05 0.10 0.07 0.40 0.54 0.10 0.06 0.30 0.41 3.33 14.55 19.13 0.10 0.12 1.67 2.17 0.07 0.88 0.15 1.53 1.95 0.15 0.08 0.60 9.78 0.20 2.28 0.49 0.32 0.15 0.17 0.17 1.50 0.70 0.10 0.19 0.27 0.30 0.87 1.41 2.42 3.08 0.09 0.39 0.65 0.35 4.12 0.29 0.39 0.50 0.30 0.21 0.27 0.27 0.38 0.25 0.33 0.06 0.24 0.15 0.11 0.04 0.90

0.45 0.02 0.00 0.02 0.03 0.02 0.00 0.02 0.06 0.01 0.04 0.05 0.12 43.41 0.01 0.01 0.02 0.16 0.12 0.01 0.01 1.25 0.86 0.02 0.02 0.01 1.50 2.45 0.02 0.02 0.01 0.03 0.02 0.05 0.07 0.04 0.02 0.04 0.05 0.85 4.05 6.25 0.00 0.04 0.14 0.25 0.01 0.20 0.05 0.37 0.54 0.02 0.02 0.12 1.80 0.02 0.25 0.10 0.11 0.07 0.06 0.02 0.61 0.51 0.01 0.03 0.04 0.01 0.06 0.18 0.27 0.38 0.03 0.17 0.14 0.03 0.13 0.10 0.14 0.05 0.09 0.03 0.06 0.05 0.06 0.08 0.04 0.01 0.06 0.02 0.02 0.00 0.25

RT Minerals* RTG Mining Rugby Mng Running Fox Rs* Running Fox Rs Rupert Res Rupert Res* Rusoro Mng Rusoro Mng*

O T V O V V O V O

0.00 0.00 0.03 0.01 0.00 0.03 0.03 0.45 0.01 0.00 0.00 0.04 0.02 0.01 0.00 0.01 0.01 0.20 0.10 0.00 0.03 0.00 0.04 0.00 0.00 0.01 0.02 0.01 0.01 0.38 0.27 0.04 0.00 0.01 0.06 0.01 0.02 0.00 0.00 0.00 0.00 11.47 11.65 7.12 0.00 0.01 0.01 0.09 0.06 0.08 0.01 0.00 0.01 0.02 0.05 0.28 0.33 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.02 0.00 0.47 0.00 0.02 0.14 0.07 0.13 0.00 0.01 0.01 0.02 0.01 0.01 0.01 0.09 0.06 0.76 0.00 0.02 0.01 0.00

0.28 0.20 0.40 0.38 0.90 0.14 0.35 14.50 0.18 0.10 0.12 1.25 0.12 0.10 0.03 0.15 0.07 4.38 1.74 0.35 1.00 0.09 0.15 0.00 0.11 0.16 0.29 1.13 1.45 1.74 1.35 0.98 0.06 0.08 0.74 0.27 0.30 0.62 0.00 0.10 0.08 86.90 86.20 92.08 0.85 1.03 1.10 0.83 0.40 0.54 0.26 0.36 0.56 0.08 0.12 1.68 2.10 0.10 0.14 0.05 0.19 0.25 0.23 0.19 1.00 0.00 1.13 0.07 0.11 1.93 0.60 0.76 0.08 0.06 0.50 0.55 0.36 0.15 0.13 1.92 1.48 147.64 0.00 0.48 1.24 0.29

0.08 0.05 0.09 0.11 0.00 0.05 0.07 0.22 0.04 0.04 0.00 0.33 0.03 0.04 0.00 0.04 0.02 1.80 0.47 0.07 0.01 0.03 0.05 0.00 0.04 0.05 0.05 0.24 0.33 0.50 0.44 0.04 0.02 0.03 0.29 0.04 0.07 0.11 0.00 0.01 0.02 35.35 34.85 41.50 0.11 0.14 0.30 0.31 0.06 0.10 0.07 0.09 0.11 0.02 0.03 0.35 0.37 0.03 0.04 0.02 0.04 0.06 0.07 0.02 0.00 0.00 0.02 0.03 0.02 0.11 0.14 0.05 0.03 0.02 0.08 0.12 0.08 0.00 0.03 0.56 0.05 59.78 0.00 0.13 0.03 0.02

Sabina Gd&Slvr* Sabina Gd&Slvr Sable Res* Sable Res Sailfish Rylty Saint Jean* Saint Jean Salazar Res* Salazar Res Salt Lake Pot* Sama Res Sama Res* San Gold Corp* Sanatana Res* Sanatana Res Sandfire Res Sandfire Res* Sandspring Res* Sandstorm Gold Sandstorm Gold* Santacruz Silv Sarama Res Sarissa Res* Sassy Res Sassy Res* Satori Res* Satori Res Saturn Mnrls Savannah Min Saville Res Scandium Intl* Scandium Intl Scorpio Gold Scorpio Gold * Scotch Creek Scottie Res* Scottie Res ScoZinc Mg* ScoZinc Mg Seabridge Gld Seabridge Gld* Seahawk Gold Seahawk Gold* Search Mnls Search Mnls* Searchlight* SearchlightMin* SearchlightRes Secova Mtls* Sego Res Select Sands Sennen Potash* Sentinel Res* Sentinel Res Serabi Gold Serabi Gold* Serengeti Res Sherritt Intl Shine Minerals Sibanye-Stillw* Sibanye-Stillw* Sidney Resrces* Sienna Res* Sienna Res Sierra Madre Sierra Metals Sierra Metals* Sigma Lithium Signature Res Signature Res* Silver Bear Rs* Silver Bear Rs Silver Bull Re Silver Bull Re* Silver Dollar Silver Dollar* Silver Eleph* Silver Eleph Silver Fields* Silver Grail Silver Mtn Mns* Silver Mtn Mns Silver One Silver One* Silver Phoenix Silver Predatr* Silver Predatr Silver Range* Silver Range Silver Sands* Silver Sands Silver Spruce Silver Spruce* Silver Stream* Silver Viper* Silver Viper Silver Wolf Silver Wolf* Silvercorp Met* Silvercorp Met SilverCrest* SilverCrest Silverore Mns* Silverstar Res* Sirios Res* Sirios Res Sitka Gold Sitka Gold* Sixty North Sixty North* Skeena Res* Skeena Res SKRR Explor Sky Gold Sky Gold* Skyharbour Res Skyharbour Res* Slam Explor* Slam Explor Slave Lake Zn Sokoman Min* Sokoman Min Solaris Res Solaris Res* Soldera Mining SolGold plc* SolGold plc Solitario Ex&R Solitario Ex&R* Solstice Gold Sonora Gld & S Sonoro Gold* Sonoro Gold South Atlantic South32* Southern Copp* Southern Emp* Southern Emp Southern Silvr Southern Silvr* Southstone Min* Southstone Min Spanish Mtn Gd Spanish Mtn Gd* Sparton Res Sparton Res* Spearmint Res* Spearmint Res Spey Resources Sphinx Res Spruce Ridge R SRG Mining SRHI Inc* SRHI Inc SSR Mining SSR Mining* St Augustine St-Georges Eco St-Georges Eco* St. James Gold St. James Gold* Stakeholdr Gld Standard Graph* Standard Lith Standard Metal* Standard Uran* Standard Uran Stans Energy* Star Diamond* Star Diamond

O T O V V O V O V O V O O O V V O O T N V V O C O O V V V V O T V O C O V O V T N C O V O O O V O V V O O C T O V T V O N O O V V T X V V O O T T O C O O T O V O V V O C O V O V O C V O O O V V O X T X T O O O V C O C O O T V V O V O O V C O V V O C O T T X V V O V V O N O V V O O V V O V O O C C V V V O T T D T C O V O V O V O O V O O T

R Rackla Metals Rackla Metals* Radisson Mng Radius Gold Rae-Wallace Mg* Rain City Raindrop Vent Rainforest Res* Rainy Mtn Royl Rainy Mtn Royl* Rambler Metals* Rare Element* Rathdowney Res Razore Rock Res Red Eagle Mng* Red Moon Res Red Pine Expl Regis Res NL* Regulus Res Remington Res Renforth Res* Renforth Res Resolve Vent Resource Cap* Reunion Gold* Reunion Gold Revelo Res Revival Gold * Revival Gold Reyna Silver Reyna Silver* Rhyolite Res Richmond Mnls* Richmond Mnls Ridgeline Min Ridgestone M’g* Ridgestone M’g Riley Gold Rimrock Gold* Rio Silver Rio Silver* Rio Tinto* Rio Tinto* Rio Tinto* Rio2 Limited* Rio2 Limited Rise Gold Corp Rise Gold Corp* Riverside Res* Riverside Res RJK Explor* RJK Explor Robex Res Rochester Res* Rochester Res Rock Tech Lith* Rock Tech Lith Rockcliff Met* Rockcliff Met Rockex Mng Rockhaven Re* Rockhaven Res Rockridge Res Rockwealth Res Rockwealth Res* Rockwell Diam* Rodinia Lithm Rogue Res* Rogue Res Rojo Res* Rokmaster Res* Rokmaster Res Romios Gold Rs Romios Gold Rs* RosCan Gold* RosCan Gold Roughrider Exp Rover Metals* Rover Metals Roxgold Roxgold* Royal Gold* Royal Mines &M* Royal Rd Mnrls Royal Std Mnrl* RT Minerals

0.15 0.11 0.31 0.31 0.02 0.06 0.19 1.57 0.00 0.00 0.02 1.01 0.04 0.08 0.00 0.11 0.04 2.76 0.95 0.18 0.00 0.06 0.06 0.00 0.08 0.11 0.18 0.61 0.78 0.99 0.77 0.89 0.05 0.04 0.46 0.06 0.09 0.60 0.00 0.08 0.06 77.39 78.00 0.00 0.70 0.88 0.00 0.00 0.20 0.26 0.19 0.24 0.44 0.00 0.08 1.35 1.60 0.05 0.07 0.03 0.13 0.16 0.11 0.00 0.05 0.00 0.72 0.00 0.09 0.80 0.45 0.57 0.06 0.04 0.28 0.36 0.17 0.07 0.10 1.50 1.18 103.76 0.00 0.32 0.00 0.09

0.15 0.12 0.31 0.32 0.02 0.09 0.22 2.79 0.13 0.08 0.02 1.04 0.04 0.10 0.00 0.12 0.04 2.96 0.97 0.18 0.06 0.06 0.10 0.00 0.09 0.12 0.18 0.62 0.79 0.99 0.80 0.89 0.05 0.06 0.46 0.07 0.10 0.60 0.00 0.08 0.07 86.69 86.20 92.08 0.72 0.91 0.79 0.61 0.21 0.27 0.19 0.25 0.47 0.08 0.11 1.59 2.02 0.05 0.07 0.03 0.13 0.18 0.12 0.09 0.07 0.00 1.13 0.06 0.11 0.98 0.47 0.59 0.06 0.05 0.30 0.36 0.17 0.08 0.10 1.52 1.19 105.60 0.00 0.32 0.08 0.10

unch + + + + + + + unch unch + + + + unch + unch + unch + + + + + + + unch unch + + + + + + unch + + + + + unch unch unch + unch + unch + + unch + + + + unch + unch

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

High Low

42 32 596 360 84 337 16 1211 31

0.09 0.20 0.09 0.03 0.03 5.92 4.67 0.04 0.03

0.08 0.20 0.08 0.02 0.03 5.04 3.75 0.04 0.03

+ 0.09 0.20 0.08 0.02 0.03 5.09 3.75 0.04 unch 0.03

0.01 0.01 0.01 0.00 0.01 0.06 0.13 0.00 0.00

0.20 0.22 0.19 0.07 0.08 6.20 8.70 0.08 0.06

0.01 0.04 0.05 0.01 0.01 0.53 0.43 0.03 0.02

2496 5140 1480 3205 123 826 7449 12 77 5 774 69 45 46 260 93 393 203 2023 11521 1713 171 14948 895 40 25 20 401 64 1381 707 1888 474 157 97 783 2126 1 394 418 2021 29 9 1209 123 170 22 639 505 414 1155 0 56 95 5 25 516 11025 48 6 10955 900 673 2979 65 595 4042 59 980 121 123 713 441 598 2035 1329 4033 6403 0 326 1 48 1828 2124 221 12 29 70 308 516 2854 1768 187 0 916 1265 191 90 10524 4251 7680 2924 5 64 49 1438 522 62 1105 470 705 2133 360 2395 544 3343 1818 39 2201 294 1138 3014 1090 133 19 82 217 106 3617 394 134 2326 3184 463 2 5710 20 575 4767 2389 1 399 3121 2896 282 191 6218 20712 120 729 2544 195 178 305 3364 9911 9967 3285 17 85 85 41 3220 3590 36 662 3794 213 38 2014

2.80 3.54 0.30 0.38 1.22 0.10 0.09 0.30 0.38 0.34 0.16 0.12 0.01 0.16 0.22 0.24 0.19 2.72 9.91 7.81 0.52 0.37 0.00 0.69 0.54 0.08 0.15 0.11 0.35 0.06 0.22 0.28 0.16 0.13 0.16 0.28 0.35 0.55 0.70 29.00 22.86 0.54 0.41 0.08 0.06 0.08 0.02 0.10 0.00 0.04 0.03 0.00 0.34 0.43 1.68 0.00 0.45 0.60 0.20 4.21 17.42 0.05 0.06 0.07 0.11 4.56 3.58 3.83 0.13 0.10 0.13 0.18 1.02 0.81 2.29 1.89 0.43 0.54 0.00 0.22 0.22 0.48 0.79 0.62 0.15 0.19 0.19 0.23 0.30 0.27 0.34 0.06 0.06 0.00 0.43 0.52 0.21 0.16 7.21 9.31 12.88 16.37 0.14 0.10 0.13 0.17 0.19 0.15 0.06 0.05 2.86 3.63 0.30 0.23 0.17 0.33 0.25 0.07 0.09 0.08 0.25 0.32 7.09 5.50 0.50 0.54 0.66 0.79 0.64 0.08 0.05 0.23 0.29 0.13 2.00 71.46 0.20 0.28 0.70 0.55 0.04 0.06 0.49 0.39 0.06 0.05 0.07 0.09 0.13 0.03 0.17 0.63 0.35 0.47 27.79 21.80 0.20 0.12 0.08 0.70 0.56 0.56 0.06 3.92 0.04 0.25 0.24 0.01 0.17 0.22

2.36 3.00 0.18 0.23 1.11 0.04 0.05 0.00 0.36 0.00 0.14 0.11 0.00 0.15 0.18 0.22 0.16 2.47 8.74 6.86 0.41 0.00 0.00 0.60 0.47 0.08 0.13 0.11 0.29 0.05 0.16 0.22 0.15 0.11 0.16 0.22 0.28 0.00 0.65 27.23 21.33 0.00 0.34 0.00 0.05 0.06 0.00 0.08 0.00 0.04 0.02 0.00 0.31 0.40 1.60 0.00 0.38 0.41 0.00 4.19 15.56 0.04 0.04 0.06 0.11 3.96 3.12 3.11 0.11 0.09 0.00 0.14 0.82 0.64 1.82 1.43 0.33 0.42 0.00 0.19 0.00 0.34 0.65 0.51 0.00 0.14 0.00 0.16 0.21 0.21 0.27 0.05 0.00 0.00 0.31 0.40 0.19 0.16 6.00 7.64 10.38 13.22 0.08 0.01 0.11 0.15 0.16 0.00 0.05 0.04 2.55 3.26 0.26 0.18 0.14 0.26 0.20 0.05 0.08 0.07 0.19 0.24 6.05 4.79 0.46 0.47 0.57 0.68 0.53 0.07 0.00 0.18 0.24 0.10 1.85 66.85 0.00 0.23 0.50 0.39 0.04 0.05 0.40 0.31 0.05 0.04 0.04 0.05 0.13 0.00 0.13 0.54 0.22 0.29 23.67 18.58 0.12 0.09 0.07 0.65 0.00 0.42 0.05 2.86 0.04 0.14 0.18 0.00 0.15 0.20

2.44 3.11 0.21 0.26 1.11 0.04 + 0.07 0.29 0.38 unch + 0.34 + 0.16 0.11 0.00 unch 0.15 0.18 0.22 0.17 2.49 8.87 6.98 0.45 + 0.33 + 0.00 0.62 unch + 0.54 0.08 unch 0.13 unch 0.11 unch + 0.35 0.05 unch + 0.22 + 0.28 0.15 unch + 0.11 0.16 unch 0.23 0.29 + 0.55 + 0.70 + 27.85 + 21.95 + 0.54 + 0.41 0.07 unch + 0.06 0.06 0.01 + 0.09 0.00 unch 0.04 unch + 0.03 0.31 unch 0.32 0.40 + 1.68 1.25 unch + 0.43 + 0.60 0.17 + 4.21 + 16.10 0.05 + 0.06 + 0.07 0.11 unch 4.20 3.32 unch + 3.51 0.12 unch + 0.10 0.10 0.15 + 0.92 + 0.73 + 1.89 + 1.52 0.34 0.43 0.00 unch 0.20 0.22 unch + 0.37 + 0.68 + 0.54 0.12 unch + 0.19 0.19 0.16 0.22 0.23 0.29 0.06 unch 0.05 8.00 unch 0.33 0.40 + 0.21 0.16 unch 6.14 7.81 10.80 13.72 0.08 + 0.10 + 0.12 + 0.16 0.17 0.13 + 0.06 + 0.05 2.70 3.41 0.26 0.18 0.14 + 0.30 + 0.24 + 0.07 0.08 unch + 0.08 0.20 0.25 + 7.00 + 5.48 0.46 unch + 0.49 + 0.63 + 0.76 + 0.60 + 0.08 0.05 unch + 0.19 + 0.25 0.10 + 2.00 + 71.44 0.20 unch 0.24 + 0.55 0.42 0.04 unch 0.05 + 0.41 + 0.32 0.05 unch + 0.04 + 0.07 + 0.09 0.13 unch 0.02 unch + 0.17 + 0.60 + 0.32 + 0.38 24.02 18.88 + 0.17 + 0.12 0.08 + 0.69 + 0.55 + 0.56 + 0.06 + 3.50 0.04 unch + 0.17 + 0.21 + 0.00 0.17 + 0.21

0.14 0.18 0.07 0.09 0.05 0.00 0.02 0.02 0.00 0.01 0.02 0.00 0.00 0.00 0.02 0.01 0.01 0.21 0.25 0.19 0.02 0.02 0.00 0.00 0.06 0.00 0.00 0.00 0.04 0.00 0.05 0.06 0.00 0.00 0.00 0.04 0.05 0.05 0.05 1.07 0.88 0.07 0.04 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.01 0.02 0.09 0.00 0.04 0.19 0.03 0.69 0.21 0.00 0.01 0.02 0.00 0.01 0.00 0.52 0.00 0.01 0.00 0.01 0.09 0.05 0.01 0.04 0.04 0.07 0.00 0.02 0.00 0.08 0.01 0.01 0.00 0.01 0.02 0.02 0.02 0.02 0.02 0.00 0.00 0.00 0.02 0.05 0.05 0.00 0.55 0.70 0.38 0.47 0.00 0.09 0.00 0.01 0.02 0.01 0.01 0.01 0.02 0.03 0.01 0.03 0.02 0.05 0.04 0.02 0.00 0.01 0.02 0.04 0.92 0.77 0.00 0.02 0.08 0.04 0.04 0.01 0.00 0.01 0.02 0.01 0.19 6.32 0.00 0.03 0.03 0.00 0.00 0.01 0.03 0.02 0.00 0.01 0.03 0.04 0.00 0.00 0.03 0.02 0.10 0.09 1.54 1.23 0.05 0.02 0.01 0.05 0.01 0.16 0.01 0.65 0.00 0.01 0.01 0.00 0.01 0.01

2.80 3.54 0.36 0.39 1.57 0.19 0.09 0.31 0.39 0.57 0.25 0.20 0.02 0.32 0.40 0.40 0.31 3.51 14.22 10.63 0.52 0.51 0.00 1.24 0.92 0.14 0.20 0.17 2.00 0.06 0.22 0.28 0.22 0.17 0.25 0.46 0.53 0.55 0.72 29.00 22.86 0.71 0.51 0.08 0.07 0.10 0.07 0.14 0.04 0.07 0.04 0.31 0.66 0.85 2.06 1.55 0.45 0.60 0.25 6.24 17.42 0.08 0.09 0.11 0.20 4.56 3.58 3.83 0.15 0.12 0.18 0.24 1.40 0.81 2.29 2.51 0.45 0.59 0.00 0.35 0.40 0.53 0.87 0.67 0.25 0.34 0.40 0.23 0.30 0.37 0.49 0.12 0.48 8.00 2.21 0.85 0.24 0.16 8.91 11.62 12.88 16.37 0.27 0.10 0.20 0.26 0.30 0.22 0.11 0.08 2.86 3.63 0.50 0.23 0.20 0.33 0.25 0.11 0.16 0.13 0.25 0.32 7.09 6.70 0.50 0.56 0.72 1.16 0.88 0.13 0.10 0.28 0.34 0.18 2.00 71.46 0.25 1.45 0.70 0.55 0.10 0.14 0.77 0.59 0.08 0.06 0.10 0.10 0.20 0.03 0.17 0.83 0.78 0.76 33.69 25.32 0.20 0.16 0.11 0.70 0.56 0.60 0.19 3.92 0.07 0.25 0.38 0.01 0.41 0.53

0.51 0.71 0.03 0.04 0.45 0.00 0.02 0.08 0.12 0.18 0.11 0.08 0.00 0.00 0.08 0.18 0.13 0.58 4.64 3.32 0.07 0.09 0.00 0.43 0.47 0.02 0.02 0.07 0.20 0.02 0.03 0.06 0.05 0.03 0.07 0.07 0.11 0.19 0.28 7.37 5.25 0.15 0.09 0.03 0.02 0.01 0.01 0.02 0.00 0.03 0.01 0.31 0.25 0.10 0.75 0.82 0.15 0.07 0.05 2.53 3.50 0.01 0.02 0.04 0.04 0.89 0.45 1.30 0.02 0.02 0.05 0.05 0.24 0.46 0.22 1.05 0.06 0.10 0.00 0.05 0.15 0.08 0.15 0.11 0.10 0.05 0.04 0.05 0.07 0.15 0.10 0.02 0.01 8.00 0.00 0.18 0.04 0.07 1.50 2.12 3.28 4.50 0.00 0.00 0.07 0.08 0.05 0.03 0.03 0.02 0.37 0.50 0.16 0.05 0.04 0.08 0.06 0.00 0.01 0.04 0.04 0.06 1.38 1.97 0.30 0.13 0.19 0.22 0.13 0.02 0.02 0.06 0.07 0.02 0.89 23.43 0.16 0.19 0.06 0.05 0.03 0.04 0.05 0.03 0.02 0.01 0.01 0.01 0.02 0.01 0.03 0.22 0.02 0.14 12.12 9.00 0.01 0.03 0.02 0.05 0.05 0.16 0.05 0.39 0.02 0.12 0.12 0.00 0.11 0.15

S

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / JANUARY 18—31, 2021

Week

Exc Volume

Low

0.06 0.06 0.23 0.26 + 0.30 0.31 unch 1.37 1.38 1.72 1.81 unch 0.00 0.05 unch 0.00 0.06 + 0.05 0.06 + 0.08 0.09 2.25 2.29 1.77 1.83 0.68 0.72 + 0.54 0.58 + 0.27 0.30 + 0.17 0.17 0.00 0.00 0.00 0.22 0.22 0.22 + 0.27 0.27 0.00 0.00 0.31 0.32 + 0.40 0.41 + 0.00 0.45 unch 0.00 0.34 0.19 0.20 0.24 0.25 0.09 0.10 + 0.00 0.08 + 0.50 0.53 0.35 0.35 0.45 0.46 + 0.39 0.41 0.05 0.05 unch 0.07 0.09 + 0.87 0.93 1.08 1.18 0.16 0.18 0.56 0.71 + 0.39 0.50 + 0.28 0.39 + 21.12 23.49 + 16.55 18.48 + 0.50 0.53 + 0.62 0.65 + 0.65 0.65 0.50 0.54 + 0.09 0.09 0.08 0.08 0.57 0.63 0.00 0.50 + 0.08 0.08 unch 0.00 0.00 0.74 0.94 +

Star Gold* Starcore Intl* Starcore Intl Starr Peak Exp* Starr Peak Exp Steele Oceanic* Stellar Africa* Stellar Africa Stelmine Can Steppe Gold Steppe Gold* Sterling Metal Sterling Metal* Stevens Gold Stone Gold Stornoway Diam* Straightup Res Stratabd Mnr* Stratabd Mnr Strateco Res* Strategic Metl* Strategic Metl Strategic Res Strategic Res* Strikepoint Gd* Strikepoint Gd Strongbow Expl Strongbow Expl* Stroud Res Stuhini Explor* Stuhini Explor Stuve Gold Sulliden Mng* Sulliden Mng Summa Silver* Summa Silver Sun Metals Sun Peak Metal Sun Summit Sun Summit* Suncor Energy Suncor Energy* Superior Gold* Superior Gold Superior Mng Superior Mng* Supernova Met Supernova Met* Surge Copper Surge Copper * Surge Explor Sutter Gold* Syrah Res*

O O T O V O O V V T O V O C V O C O V O O V V O O V V O V O V V O T O C V V V O T N O V V O V O V O V O O

91 142 400 101 82 0 15 876 154 508 196 658 107 171 934 1120 34 110 277 71 392 965 106 1 3008 5681 490 1 177 1 55 36 101 409 435 1196 2088 334 4696 396 38061 42742 145 715 251 107 792 36 632 27 149 126 304

0.08 0.27 0.33 1.49 1.87 0.00 0.06 0.07 0.10 2.58 2.26 0.92 0.70 0.32 0.21 0.00 0.24 0.25 0.31 0.00 0.34 0.43 0.52 0.34 0.26 0.33 0.10 0.08 0.58 0.35 0.50 0.55 0.05 0.09 1.23 1.42 0.19 0.75 0.60 0.47 24.10 19.01 0.58 0.72 0.74 0.54 0.12 0.10 0.70 0.53 0.09 0.00 1.02

Taiga Gold* Taiga Gold Tajiri Res Talisker Res Talisker Res* Talmora Diamd Talon Metals Tamerlane Vent* Tanqueray Expl Tantalex Res Tanzanian Gold Tanzanian Gold* Tarachi Gold* Tarachi Gold Taranis Res Taranis Res* Tarku Res Tartisan Nick* Tartisan Nick Taseko Mines* Taseko Mines Tearlach Res Teck Res Teck Res* Teck Res Tectonic Metal Tectonic Metal* Telson Res Telson Res * Temas Res* Temas Res Tembo Gold Tembo Gold* Tempus Res Teranga Gold Teranga Gold* Teras Res* Teras Res

O C V T O C T O V C T X O C V O V O C X T V T N T V O V O O C V O V T O O V

197 700 949 1331 73 732 6119 195 399 2091 204 3097 61 952 159 114 848 45 716 12288 2042 2 11849 26644 19 583 270 161 100 581 2815 263 401 190 3325 159 14 475

0.22 0.28 0.14 0.39 0.30 0.02 0.56 0.00 22.26 0.03 0.91 0.73 0.28 0.38 0.14 0.11 0.20 0.30 0.38 1.47 1.85 0.00 25.70 20.27 29.50 0.13 0.11 0.26 0.21 1.00 1.24 0.17 0.12 0.30 15.44 12.04 0.07 0.09

Last

High Low

Stock

0.02 0.02 0.00 0.04 0.00 0.00 0.02 0.01 0.01 0.22 0.13 0.04 0.04 0.01 0.02 0.00 0.03 0.00 0.04 0.00 0.00 0.01 0.00 0.07 0.02 0.03 0.01 0.00 0.03 0.01 0.05 0.13 0.00 0.02 0.10 0.13 0.01 0.14 0.12 0.12 2.14 1.70 0.06 0.07 0.05 0.04 0.02 0.02 0.02 0.02 0.00 0.00 0.18

0.19 0.27 0.35 2.24 2.94 0.51 0.06 0.07 0.12 3.14 2.41 0.92 0.70 0.32 0.28 0.02 0.35 0.26 0.38 0.01 0.60 0.80 0.52 0.41 0.26 0.33 0.15 0.10 0.83 0.72 0.94 0.55 0.05 0.10 2.20 3.50 0.22 1.34 0.60 0.47 45.12 34.56 1.15 1.53 0.89 0.58 0.32 0.24 0.85 0.65 0.25 0.05 1.02

0.01 0.00 0.07 0.25 0.28 0.05 0.01 0.02 0.04 0.63 1.42 0.05 0.00 0.24 0.02 0.00 0.10 0.12 0.05 0.00 0.18 0.25 0.18 0.14 0.01 0.02 0.03 0.01 0.15 0.29 0.12 0.21 0.03 0.03 0.60 0.09 0.06 0.49 0.10 0.08 14.02 9.61 0.26 0.33 0.11 0.22 0.02 0.03 0.02 0.03 0.05 0.00 0.09

0.03 0.03 0.01 0.03 0.02 0.00 0.03 0.00 1.95 0.00 0.06 0.05 0.06 0.06 0.00 0.02 0.02 0.02 0.02 0.11 0.16 0.00 1.76 1.43 1.15 0.02 0.00 0.02 0.02 0.35 0.39 0.01 0.01 0.01 0.47 0.31 0.00 0.01

0.22 0.31 0.23 0.44 0.47 0.05 0.57 0.00 26.25 0.05 1.49 1.09 0.39 1.00 0.16 0.16 0.22 0.44 0.38 1.47 1.85 0.15 25.70 20.27 30.00 0.34 0.25 0.33 0.23 0.76 1.24 0.30 0.18 0.30 16.80 12.82 0.08 0.14

0.05 0.07 0.03 0.29 0.16 0.01 0.08 0.00 2.55 0.01 0.55 0.36 0.18 0.04 0.04 0.03 0.04 0.03 0.05 0.20 0.28 0.10 8.15 5.60 9.00 0.09 0.07 0.04 0.04 0.30 0.10 0.03 0.02 0.25 3.86 2.84 0.02 0.04

Terrax Mnrls Terrax Mnrls* Terreno Res Tesoro Mnrls* Tesoro Mnrls Teuton Res Teuton Res* Texas Mineral* Themac Res Themac Res* Thesis Gold Theta Gold* Thor Expl Thunder Mtn Gd Thunder Mtn Gd* Thunderstruck Thunderstruck* Tiger Intl Timberline Res Timberline Res* Tinka Res* Tinka Res Tintina Mines Tisdale Res* Tisdale Res Titan Mining Titan Mining* Titanium Corp TMAC Resource* TMAC Resources TNR Gold Tocvan Venture TomaGold Tombill Mines Tombstone Expl* Tonogold Res* Torex Gold* Torex Gold Torq Resources* Torq Resources Tower Res* Tower Res Transatlantic* Transatlantic Transition Met Transition Met* Treasury Metal* Treasury Metal Trecora Res* Tres-Or Res* Tres-Or Res Trevali Mng* Trevali Mng Tri Origin Exp* Tri Origin Exp Trident Gold Trifecta Gold* Trifecta Gold Trilogy Mtls Trilogy Mtls* TriMetals Mng* Trinity Res* Trinity Valley Trinity Valley* TriStar Gold TriStar Gold* Triumph Gold* Triumph Gold Troilus Gold* Troilus Gold Troubadour Res TRU Precious* TRU Precious True North Gem* True North Gem Tsodilo Res Tudor Gold Tudor Gold * Turmalina Met Turmalina Met* Turquoise HIl* Turquoise HIl TVI Pacific TVI Pacific* Tyhee Gold* Tymbal Res Typhoon Expl

V O V O V V O O V O V O V V O V O V V O O V V O V T O V O T V C V V O O O T O V O V O V V O O T N O V O T O V V O V T X O O V O V O O V O T V O V O V V V O V O N T V O O V V

U.S. Gold* U3O8 Corp U3O8 Corp* Ubique Mineral

D V O C

Change

T 0.16 0.21 0.12 0.34 0.26 0.02 0.50 0.00 16.75 0.03 0.77 0.60 0.18 0.24 0.13 0.09 0.15 0.27 0.33 1.32 1.69 0.00 23.64 18.60 26.74 0.11 0.08 0.22 0.18 0.64 0.82 0.14 0.11 0.26 13.92 10.84 0.06 0.07

0.19 0.23 0.12 0.37 0.28 0.02 0.54 0.00 21.39 0.03 0.78 0.61 0.23 0.30 0.14 0.11 0.15 0.29 0.37 1.43 1.82 0.11 24.86 19.58 28.65 0.11 0.09 0.26 0.19 0.99 1.21 0.15 0.12 0.27 14.13 11.08 0.06 0.08

(100s)

12-month

High

+ + + + unch + unch + unch unch + + + + + unch + + + + + + + + + + + -

Week

Exc Volume

High

Low

Last

791 161 455 4 882 353 195 1724 12 30 19 287 517 8 288 1439 80 17 557 651 460 960 148 1 2 185 4 1363 827 5014 1768 102 1570 9096 11 393 235 2002 48 93 3 507 75 169 383 301 171 284 274 5 78 1751 20512 15 286 0 111 563 466 2429 140 1 376 88 606 639 229 762 164 1736 353 10 348 2 66 563 1159 592 1174 442 4578 1793 3470 675 44 637 193

0.35 0.27 0.05 0.12 0.15 2.79 2.18 1.91 0.06 0.04 0.90 0.28 0.26 0.12 0.21 0.08 0.06 0.14 0.50 0.40 0.21 0.25 0.08 0.50 0.56 0.88 0.67 0.39 1.73 2.20 0.08 0.44 0.10 0.30 2.85 0.34 17.27 20.95 0.61 0.77 0.06 0.08 0.03 0.05 0.20 0.16 1.15 1.46 7.32 0.11 0.18 0.19 0.25 0.17 0.26 0.00 0.08 0.10 2.71 2.14 0.10 0.04 0.09 0.06 0.29 0.23 0.18 0.22 1.05 1.35 0.09 0.22 0.29 0.10 0.13 0.64 2.80 2.20 1.08 0.85 14.62 18.58 0.03 0.02 0.00 0.02 0.09

0.31 0.24 0.04 0.11 0.13 2.33 1.82 1.47 0.00 0.04 0.81 0.16 0.18 0.00 0.14 0.08 0.06 0.00 0.41 0.33 0.17 0.22 0.04 0.50 0.00 0.80 0.00 0.27 1.23 1.54 0.06 0.37 0.09 0.15 2.60 0.28 14.87 18.92 0.52 0.00 0.06 0.07 0.02 0.04 0.16 0.15 1.02 1.32 6.82 0.11 0.15 0.15 0.19 0.17 0.22 0.00 0.06 0.07 2.50 1.95 0.09 0.00 0.08 0.06 0.26 0.20 0.15 0.20 0.98 1.22 0.08 0.21 0.26 0.10 0.09 0.46 2.22 1.75 0.92 0.71 12.79 16.09 0.03 0.02 0.00 0.02 0.00

0.32 0.24 0.05 0.11 0.14 2.45 1.94 1.49 0.06 0.04 0.90 0.23 0.26 0.12 0.14 0.08 0.06 0.14 0.41 0.33 0.18 0.22 0.06 0.50 0.45 0.80 0.63 0.33 1.71 2.18 0.06 0.38 0.09 0.30 2.75 0.33 14.96 19.00 0.60 0.76 0.06 0.07 0.02 0.04 0.19 0.15 1.04 1.35 7.02 0.11 0.18 0.19 0.24 0.17 0.23 0.12 0.07 0.08 2.55 1.99 0.09 0.04 0.09 0.06 0.27 0.22 0.16 0.21 0.98 1.24 0.08 0.22 0.29 0.10 0.12 0.54 2.23 1.77 0.99 0.79 14.48 18.36 0.03 0.02 0.00 0.02 0.08

682 135 92 920

17.40 0.21 0.17 0.07

12-month Change

(100s)

High Low

Stock UC Res* Ucore Rare Mtl* Ucore Rare Mtl UEX Corp Ultra Resource* Ultra Resource Umbral Enrgy* Unigold* Unigold United Battery* United Battery United Res Hdg* United States A* United States S* Universal Cop Universal Vent Ur-Energy* Ur-Energy Uragold Bay Rs Uranium Energy* Uranium Hunter* Uranium Res* Uranium Roylty* Uranium Roylty Uravan Mnrls Uravan Mnrls* UrbanGold Min USCorp* Usha Res Val-d’Or Mg Val-d’Or Mg* Vale* Valley High Mg* ValOre Metals ValOre Metals* Valorem Res Valterra Res* Valterra Res Vanadian Enrgy* Vanadian Enrgy Vanadium One* Vanadium One Vanadiumcorp Vanadiumcorp* Vanstar Mng Rs* Vanstar Mng Rs Vantex Res * Vantex Res Velocity Mnrls Velocity Mnrls* Vendetta Mng* Vendetta Mng Venerable Vent Verde Potash Verde Res* Veris Gold* Vertical Expl* Vertical Expl Victoria Gold* Victoria Gold Victory Metals* Victory Metals Victory Nickel* Victory Nickel Victory Res Victory Res* Virginia Enrgy Virginia Enrgy* Viscount Mng Visible Gold M* Visible Gold M Vision Lithium Vision Lithium* Visionary Gold Vista Gold Vista Gold* Viva Gold* Viva Gold Vizsla Res Vizsla Res * Volatus Cap Volcanic Gold* Volcanic Gold Voyageur Min Voyageur Min* Voyageur Min* Voyageur Min VR Resources* VR Resources Vulcan Mnrls Vulcan Mnrls* VVC Expl VVC Expl*

+ + + unch unch + + + + unch unch unch unch + + + + unch + + + + + unch + + unch + unch + + + unch + unch + unch + + + unch + + unch + + + unch + + + + + + unch unch unch

0.01 0.01 0.01 0.02 0.01 0.10 0.09 0.28 0.00 0.00 0.09 0.03 0.08 0.04 0.02 0.01 0.00 0.00 0.04 0.02 0.00 0.01 0.02 0.00 0.00 0.04 0.07 0.06 0.50 0.66 0.01 0.05 0.00 0.15 0.05 0.03 0.08 0.09 0.05 0.06 0.00 0.01 0.00 0.00 0.02 0.03 0.02 0.00 0.03 0.00 0.01 0.03 0.04 0.00 0.01 0.00 0.01 0.00 0.01 0.01 0.00 0.00 0.01 0.00 0.02 0.02 0.01 0.00 0.03 0.02 0.01 0.00 0.00 0.04 0.03 0.07 0.43 0.31 0.03 0.02 2.06 2.53 0.01 0.00 0.00 0.00 0.00

0.55 0.41 0.06 0.12 0.17 4.85 3.80 2.65 0.08 0.07 0.90 0.70 0.28 0.29 0.34 0.20 0.16 0.20 0.51 0.39 0.21 0.25 0.08 0.50 1.50 1.10 0.78 0.72 2.42 3.40 0.08 0.50 0.10 0.30 3.09 0.55 19.45 25.52 0.61 0.79 0.10 0.14 0.05 0.07 0.24 0.18 1.40 1.98 7.69 0.11 0.20 0.20 0.26 0.29 0.40 0.19 0.08 0.12 3.40 2.63 0.12 0.30 0.15 0.11 0.47 0.35 0.34 0.48 1.33 1.82 0.11 0.32 0.38 0.10 0.13 0.64 4.51 3.40 1.80 1.33 14.62 18.58 0.03 0.03 0.01 0.05 0.11

0.16 0.11 0.01 0.03 0.03 0.27 0.20 0.43 0.03 0.02 0.52 0.10 0.13 0.07 0.06 0.04 0.03 0.07 0.06 0.02 0.05 0.07 0.03 0.50 0.35 0.14 0.11 0.24 0.31 0.44 0.02 0.10 0.06 0.12 0.50 0.15 6.19 8.79 0.21 0.27 0.01 0.02 0.02 0.03 0.11 0.08 0.90 0.45 4.23 0.05 0.06 0.04 0.06 0.09 0.03 0.12 0.01 0.02 1.50 1.03 0.05 0.01 0.04 0.06 0.19 0.13 0.06 0.07 0.30 0.42 0.02 0.17 0.04 0.02 0.04 0.05 0.38 0.27 0.27 0.20 3.01 4.30 0.01 0.00 0.00 0.02 0.03

13.70 13.81 0.00 0.17 0.14 0.16 unch 0.00 0.07 +

2.74 0.03 0.00 0.01

16.65 0.21 0.90 0.07

2.61 0.04 0.01 0.04

U-V

Week Last

12-month

Exc Volume

High

Low

Change

O 4165 O 101 V 696 T 5839 O 36 V 77 O 187 O 174 V 973 O 268 C 350 O 20 X 36767 N 117535 V 203 V 198 X 7811 T 536 V 6720 X 19723 O 10503 D 31186 O 216 V 1032 V 1505 O 277 V 670 O 402 V 128 V 45 O 27 N 234785 O 30202 V 412 O 257 C 1168 O 368 V 386 O 35 V 262 O 41 V 1641 V 8839 O 2035 O 385 V 762 O 30 V 88 V 205 O 97 O 898 V 1353 V 2 T 582 O 679 O 110 O 5 V 984 O 538 T 1834 O 295 V 661 O 30 C 525 C 3390 O 657 V 258 O 613 V 2573 O 393 V 994 V 6236 O 326 V 560 T 162 X 2744 O 152 V 306 V 2006 O 800 C 23 O 34 V 886 C 25 O 2 O 2 V 1738 O 208 V 363 V 181 O 2 V 303 O 60

5.09 0.86 1.29 0.29 0.08 0.10 0.12 0.32 0.42 0.67 0.82 0.03 0.76 23.28 0.08 2.00 0.89 1.13 1.14 2.17 0.06 5.52 1.28 1.64 0.06 0.04 0.33 0.00 0.24 0.18 0.14 19.00 0.20 0.32 0.25 0.18 0.09 0.12 0.05 0.09 0.15 0.21 0.13 0.10 1.28 1.34 0.18 0.23 0.51 0.41 0.05 0.06 0.12 1.34 1.00 0.01 0.02 0.03 10.79 13.72 0.65 0.82 0.03 0.04 0.11 0.08 0.13 0.10 0.47 0.30 0.38 0.04 0.03 0.17 1.55 1.23 0.25 0.33 1.88 1.47 0.20 0.43 0.55 0.25 0.24 0.08 0.10 0.25 0.31 0.08 0.06 0.11 0.09

3.24 4.65 + 0.74 0.84 unch 0.94 0.98 0.25 0.27 + 0.07 0.07 0.09 0.09 0.11 0.12 + 0.29 0.30 + 0.35 0.36 0.60 0.65 + 0.77 0.77 0.02 0.03 unch 0.48 0.67 + 16.86 22.29 + 0.07 0.08 + 1.81 1.90 + 0.74 0.83 + 0.94 1.05 + 0.92 0.95 1.75 2.01 + 0.04 0.05 + 4.83 5.13 + 1.07 1.13 1.35 1.39 0.04 0.05 + 0.03 0.04 + 0.26 0.26 + 0.00 0.00 + 0.19 0.20 0.00 0.17 0.09 0.09 + 17.09 18.92 + 0.08 0.09 0.29 0.29 0.23 0.23 0.13 0.13 0.08 0.08 + 0.10 0.10 + 0.00 0.05 + 0.06 0.09 + 0.10 0.15 + 0.14 0.18 + 0.10 0.10 0.08 0.08 0.94 1.00 1.21 1.27 0.03 0.18 + 0.00 0.23 0.48 0.50 unch 0.39 0.40 + 0.04 0.04 0.06 0.06 0.12 0.12 unch 0.83 1.16 + 0.01 0.08 + 0.00 0.00 + 0.02 0.02 unch 0.03 0.03 unch 9.75 9.78 + 12.36 12.41 + 0.53 0.58 0.68 0.72 0.03 0.03 unch 0.00 0.04 + 0.07 0.10 + 0.07 0.08 + 0.11 0.13 + 0.09 0.10 + 0.38 0.43 + 0.25 0.25 0.31 0.32 0.03 0.04 unch 0.02 0.03 0.15 0.16 + 1.33 1.37 + 1.04 1.07 0.20 0.24 + 0.24 0.30 + 1.61 1.71 1.26 1.34 0.15 0.20 0.35 0.43 + 0.43 0.54 + 0.25 0.25 0.24 0.24 unch 0.08 0.08 + 0.07 0.08 + 0.23 0.24 0.29 0.29 0.00 0.07 + 0.04 0.06 + 0.10 0.10 0.07 0.09 +

0.75 0.00 0.20 0.01 0.00 0.01 0.01 0.00 0.02 0.03 0.03 0.00 0.15 5.52 0.01 0.05 0.03 0.01 0.15 0.25 0.02 0.20 0.02 0.07 0.02 0.01 0.03 0.00 0.04 0.01 0.00 2.16 0.06 0.01 0.01 0.04 0.01 0.01 0.01 0.04 0.05 0.05 0.02 0.01 0.01 0.04 0.03 0.02 0.00 0.01 0.01 0.01 0.00 0.33 0.06 0.00 0.00 0.00 0.22 0.22 0.06 0.08 0.00 0.01 0.02 0.01 0.02 0.01 0.04 0.03 0.04 0.00 0.00 0.02 0.01 0.01 0.03 0.02 0.02 0.00 0.03 0.08 0.10 0.12 0.00 0.04 0.01 0.01 0.02 0.01 0.02 0.01 0.01

(100s)

High Low

Stock

5.09 1.00 2.25 0.29 0.23 0.11 0.24 0.50 0.67 0.76 0.99 0.05 0.76 23.28 0.12 6.50 0.93 1.15 1.17 2.17 2.75 14.50 1.28 1.64 0.06 0.04 0.45 0.00 0.27 0.20 0.15 19.00 0.20 0.41 0.31 0.29 0.10 0.14 0.06 0.09 0.15 0.21 0.13 0.10 2.32 1.75 0.22 0.31 0.54 0.41 0.09 0.11 0.15 1.34 0.04 2.00 0.04 0.07 16.09 21.04 0.66 0.83 0.06 0.08 0.25 0.10 0.15 0.11 0.49 0.31 0.38 0.10 0.08 0.17 1.90 1.45 0.36 0.48 2.93 2.14 0.44 0.68 0.93 0.52 0.38 0.10 0.12 0.35 0.50 0.10 0.07 0.15 0.13

Walcott Res Walcott Res* Walker Lane* Walker River* Walker River Wallbridge Mng Wallbridge Mng* Waraba Gold Warrior Gold* Warrior Gold Waseco Res Wealth Mnrls* Wealth Mnrls Wescan Gldflds Wescan Gldflds* Wesdome Gold Wesdome Gold* West High Yld West Red Lake West Red Lake* West Vault Western Areas* Western Atlas Western Atlas* Western Copper* Western Copper Western Gold Western Mag* Western Mag Western Potash Western Res* Western Troy C Western U&V Western U&V* Westgold Res* Westhaven Gold Westhaven Vent* Westkam Gold* Westkam Gold Westminster Rs WestMountain* Wheaton Prec M Wheaton Prec M* White Energy* White Gold* White Gold White Metal Rs White Mtn Engy* Whitehaven Coa* Whitehorse GC Wildsky Res* Wildsky Res Winshear Gold Winshear Gold* Winston Gold Winston Gold* Winston Res Wolfden Res* Wolfden Res Wolfeye Res Worldwide Res X-Terra Res* X-Terra Res Xanadu Mines Xander Res Xander Res* Xemplar Egy* Xiana Mng* Xiana Mng Ximen Mining Ximen Mining* Xplore Res Xtierra Inc Xtra-Gold Res* Xtra-Gold Res Yamana Gold Yamana Gold* Yanzhou Coal* Yorbeau Res* Yorbeau Res ZEN Graphene* ZEN Graphene Zena Mining Zephyr Mnls Zephyr Mnls* Zimtu Capital Zinc One Res * ZincX Res ZincX Res* Zonte Metals Zonte Metals*

0.09 0.64 0.70 0.07 0.01 0.02 0.06 0.07 0.10 0.03 0.01 0.02 0.22 4.54 0.03 1.57 0.27 0.39 0.05 0.35 0.01 0.25 0.56 0.80 0.01 0.00 0.05 0.00 0.10 0.06 0.05 6.49 0.00 0.14 0.09 0.06 0.03 0.03 0.01 0.02 0.03 0.04 0.03 0.03 0.31 0.41 0.03 0.15 0.20 0.15 0.01 0.03 0.03 0.21 0.00 0.00 0.01 0.02 2.88 4.02 0.11 0.17 0.01 0.01 0.05 0.02 0.04 0.03 0.20 0.02 0.04 0.01 0.01 0.01 0.51 0.36 0.09 0.14 0.24 0.16 0.08 0.03 0.05 0.13 0.13 0.03 0.04 0.10 0.16 0.03 0.03 0.02 0.01

Exc Volume

Week High

Low

23

12-month

Last

Change

High Low

W-Z C 383 O 268 O 3 O 282 V 1670 T 5598 O 2025 C 64 O 123 V 655 V 453 O 584 V 791 V 21 O 3 T 2075 O 520 V 114 C 3990 O 869 V 418 O 73 V 1103 O 310 X 1709 T 579 V 3 O 702 V 350 T 1036 O 10 V 82 C 1474 O 1008 O 10 V 677 O 468 O 33 V 167 V 28 O 0 T 5900 N 18170 O 1 O 347 V 783 V 1401 O 105 O 13 V 396 O 4 V 8 V 149 O 60 C 4881 O 4937 C 3462 O 98 V 1137 V 1684 V 103 O 25 V 873 T 104 V 165 O 5 O 2 O 38 V 30 V 335 O 32 V 93 V 488 O 63 T 84 T 19436 N 110203 O 8 O 132 T 1641 O 693 V 2329 V 282 V 412 O 259 V 110 O 502 V 354 O 4 V 349 O 9

0.38 0.30 0.07 0.08 0.11 0.83 0.66 0.33 0.09 0.11 0.04 0.08 0.10 0.08 0.05 11.38 8.90 0.22 0.11 0.09 1.55 2.35 0.07 0.06 1.32 1.69 0.57 0.09 0.11 0.18 0.13 0.16 1.45 0.95 1.98 0.90 0.71 0.14 0.17 0.22 0.00 59.85 47.12 0.10 0.65 0.82 0.10 0.01 1.33 4.80 0.24 0.30 0.11 0.09 0.16 0.13 1.85 0.27 0.36 0.99 0.04 0.11 0.13 0.04 0.19 0.14 0.00 0.06 0.08 0.41 0.33 0.09 0.13 1.14 1.45 7.85 6.16 0.83 0.05 0.06 2.97 3.76 0.22 0.19 0.15 0.20 0.01 0.20 0.15 0.22 0.16

0.32 0.33 0.23 0.27 0.00 0.07 unch 0.08 0.08 unch 0.10 0.10 unch 0.75 0.76 0.59 0.60 0.25 0.25 0.07 0.08 0.09 0.10 + 0.00 0.04 unch 0.07 0.08 + 0.09 0.10 + 0.07 0.07 unch 0.05 0.05 unch 9.96 10.15 7.37 7.96 0.18 0.20 0.08 0.08 0.07 0.07 1.43 1.50 + 2.05 2.21 + 0.06 0.07 + 0.05 0.05 + 1.24 1.25 + 1.58 1.59 + 0.57 0.57 + 0.08 0.09 0.11 0.11 unch 0.16 0.17 unch 0.12 0.13 0.15 0.15 0.85 0.98 0.67 0.78 0.00 1.98 0.75 0.83 0.60 0.65 0.12 0.14 0.15 0.17 0.00 0.21 0.00 1.30 unch 54.20 55.16 + 42.52 43.40 + 0.10 0.10 0.59 0.62 + 0.76 0.78 + 0.08 0.08 + 0.00 0.00 + 1.24 1.25 3.90 4.50 + 0.00 0.24 + 0.21 0.21 unch 0.10 0.11 unch 0.00 0.09 + 0.12 0.13 0.09 0.10 1.13 1.65 + 0.23 0.25 + 0.30 0.31 + 0.85 0.99 + 0.04 0.04 unch 0.10 0.10 0.12 0.13 0.04 0.04 + 0.15 0.16 + 0.12 0.14 + 0.00 0.00 unch 0.04 0.04 unch 0.06 0.07 + 0.00 0.35 0.25 0.28 0.07 0.09 + 0.10 0.13 + 1.00 1.10 + 1.28 1.40 + 6.88 7.03 5.39 5.54 0.00 0.83 + 0.05 0.05 + 0.05 0.06 + 2.50 2.96 + 3.17 3.75 + 0.22 0.22 unch 0.16 0.19 + 0.13 0.15 + 0.14 0.14 0.00 0.01 + 0.18 0.18 unch 0.13 0.15 + 0.20 0.20 + 0.15 0.16 +

0.04 0.02 0.00 0.00 0.00 0.02 0.01 0.08 0.00 0.01 0.00 0.00 0.02 0.00 0.00 0.47 0.48 0.02 0.02 0.01 0.02 0.11 0.01 0.01 0.02 0.02 0.12 0.00 0.00 0.00 0.00 0.02 0.11 0.10 0.01 0.06 0.05 0.00 0.01 0.02 0.00 2.00 1.66 0.00 0.02 0.02 0.01 0.00 0.02 0.57 0.08 0.00 0.00 0.03 0.03 0.02 0.21 0.02 0.03 0.09 0.00 0.00 0.01 0.01 0.01 0.02 0.00 0.00 0.01 0.05 0.03 0.02 0.04 0.12 0.15 0.24 0.17 0.09 0.00 0.01 0.13 0.17 0.00 0.02 0.01 0.06 0.01 0.00 0.02 0.01 0.01

1.17 0.90 0.18 0.14 0.19 1.35 1.01 0.70 0.11 0.15 0.07 0.29 0.38 0.12 0.09 15.00 11.37 0.30 0.21 0.17 1.99 2.35 0.19 0.14 1.53 1.95 0.69 0.13 0.18 0.31 0.21 0.33 1.45 1.12 2.05 1.25 0.93 0.22 0.30 0.24 7.00 76.69 57.89 0.11 2.00 1.34 0.10 0.03 1.81 4.80 0.24 0.30 0.20 0.11 0.20 0.18 2.25 0.27 0.36 1.28 0.07 0.18 0.25 0.10 0.45 0.20 0.01 0.22 0.29 0.80 0.60 0.11 0.23 1.15 1.54 9.29 7.02 0.90 0.06 0.08 2.97 3.77 0.22 1.15 0.88 0.28 0.10 0.20 0.15 0.37 0.28

0.09 0.17 0.02 0.05 0.06 0.33 0.25 0.02 0.03 0.03 0.02 0.05 0.07 0.03 0.02 5.85 4.10 0.07 0.04 0.02 0.45 1.15 0.04 0.04 0.31 0.44 0.01 0.07 0.09 0.13 0.11 0.06 0.25 0.15 1.00 0.35 0.25 0.10 0.08 0.04 1.00 26.99 18.66 0.04 0.29 0.41 0.02 0.00 0.63 0.57 0.04 0.01 0.05 0.03 0.01 0.00 0.05 0.05 0.07 0.43 0.02 0.03 0.03 0.01 0.04 0.11 0.00 0.02 0.04 0.26 0.20 0.05 0.03 0.30 0.43 3.11 2.23 0.64 0.02 0.03 0.17 0.26 0.04 0.13 0.10 0.08 0.00 0.06 0.04 0.16 0.12

BID-ASK — JANUARY 4–8, 2020 12-MONTH STOCK

Aftermath Silv Alacer Gold Allante Res Alliance Mng Amseco Expl AMV Capital Anglo-Bomarc Antler Hill Apex Res Asbestos Corp Atlanta Gold Aurelius Min Aurex Energy Austin Res Avarone Metals Aya Gold Banro Corp* Barker Min BE Res Boss Power Brunswick Res Bullion Gold C2C Gold Cairo Res Camrova Res Canada Coal Cassius Vents Centurion Mnls Cerro de Pasc Cerro Mng Cliffs Nat Res* Comet Inds Cresval Cap CROPS Crystal Peak CWN M’g Acq Cyntar Venture Duro Metals DV Resources Edgewater Expl Electra Stone ESV Res Everton Res Evolution Glob Excalibur Res Finore Mng Fire River Gol First Idaho Freedom Egy Full Metal Mnl Fusion Gold GAR Limited General Moly* GFM Res

EXC

BID

ASK

LAST

V T V V V V V V V V V V V V C T X V V V V V C V V V V V C V N V V V V V C V V V V V V C C C V V V V V C X V

0.24 9.41 0.01 0.24 0.01 0.14 0.08 0.01 0.07 0.67 0.03 0.13 0.04 0.08 ...

1.94 0.11 0.01 0.20 0.17 ...

0.06 ...

0.27 0.01 0.07 0.07 ... ...

1.00 1.45 2.55 0.02 0.01 0.01 0.05 0.10 0.21 0.09 0.20 0.01 0.45 0.10 1.75 0.09 0.12 0.03 0.08 0.02 0.14 0.01 ... ...

0.10

0.25 9.52 ...

0.29 0.11 0.18 0.08 0.01 0.11 0.80 0.04 0.14 0.06 0.12 ...

2.19 0.11 0.01 0.38 0.20 0.05 0.15 ...

0.87 0.01 0.07 0.14 0.07 ...

1.00 3.20 3.55 0.02 0.01 0.02 0.07 ...

0.38 0.12 0.23 0.02 0.56 0.10 ...

0.10 0.12 0.07 0.98 0.02 0.14 ... ... ...

0.14

0.25 9.47 0.16 0.23 0.04 0.14 0.15 0.06 0.10 0.65 0.03 0.14 0.05 0.08 0.04 2.01 0.11 0.01 0.20 0.17 0.03 0.10 0.11 0.21 0.07 0.06 0.08 0.07 0.29 0.60 1.43 2.90 0.03 0.02 0.01 0.05 0.19 0.18 0.10 0.24 0.01 0.56 0.03 2.00 0.10 0.11 0.09 0.12 0.01 0.10 0.17 0.15 0.11 0.10

12-MONTH

HIGH

LOW

STOCK

0.33 10.82

0.05 3.50

0.63 0.08 0.26

0.13 0.02 0.07

0.06 0.17 0.99 0.04 0.15 0.15 0.13 0.15 2.50 2.10

0.04 0.04 0.35 0.03 0.03 0.03 0.04 0.03 0.82 0.10

0.25

0.09

Global Cop Grp Golden Cariboo Golden Indepen GoldHaven Res Graphite Egy Great Lakes Gr Great Quest Fe Green Arrow Grenville Gold Grosvenor Res GrowMax Res HFX Holding High Point Exp Highbury Proj Highvista Gold Hornby Bay Mnl Hylands Intl Indico Res Inspiration Mg Interconnect Intl Battery Intl Bethl Mng Iron South Mng Ivor Explor K9 Gold Karam Min Karora Res Kermode Res Knick Expl Kodiak Copper Latin Metals Leo Res Lida Resources Lido Minerals Madeira Mrnls MAG Silver* Major Precious Margaret Lake Mariner Res Martina Mnls Melior Res Midasco Cap MillenMin Vent Minecorp Egy Mineral Hill Mongoose Mg Montana Gold Napier Vent Navis Res Corp Nebu Res New Klondike Northway Res NRG Metals Odyssey Res

0.47 0.15 0.35

0.09 0.03 0.20

0.07 0.10 0.08 0.34 0.60 7.17 3.40 0.08 0.04 0.10 0.21 0.21 0.27 0.20 0.24

0.01 0.04 0.06 0.12 0.07 0.98 2.60 0.02 0.01 0.01 0.03 0.11 0.11 0.05 0.04

0.56

0.40

2.00 0.11

2.00 0.01

4.13 100.00 0.15

0.13 0.10 0.07

EXC

V V C C C V V V C V V V C V V V V V C V C V V C V C T V V V V C C C V X C V C V V V V V V C C V C V V V V V

BID

0.07 0.10 ... ... ...

0.05 ...

0.02 0.08 0.16 0.01 0.04 0.25 0.23 ...

0.06 0.04 ... ...

0.06 ...

0.03 0.24 0.30 0.17 0.18 0.47 0.01 0.01 0.05 0.03 ... ...

0.21 ...

12.52 ...

0.03 ...

0.05 0.06 0.08 ... ...

0.15 0.07 0.09 0.06 ...

0.04 0.01 0.14 0.31 0.04

12-MONTH

ASK

LAST

HIGH

LOW

STOCK

0.08 0.12 ... ... ...

0.05 0.01 0.03 0.28 0.25 0.01 ...

0.40 0.50 ...

0.06 0.06 0.01 ...

0.35 ...

0.05 0.27 0.35 0.24 0.24 0.48 0.01 0.01 0.06 0.04 ... ...

0.25 ...

13.30 ...

0.04 ...

0.12 0.06 0.10 ... ...

0.15 0.20 0.10 ... ...

0.04 0.01 0.45 0.34 0.06

0.08 0.10 0.38 0.42 0.47 0.04 0.10 0.02 0.08 0.17 0.09 0.02 0.25 0.23 0.17 0.06 0.03 0.01 0.03 0.08 0.31 0.03 0.24 0.30 0.24 0.17 0.48 0.01 0.01 0.05 0.03 1.09 0.24 0.20 0.03 12.52 0.42 0.03 0.59 0.06 0.08 0.09 0.05 0.12 0.15 0.05 0.10 0.07 0.30 0.04 0.01 0.14 0.31 0.04

0.11 0.15 0.40 0.45 0.47

0.04 0.02 0.05 0.06 0.42

0.04 0.15 0.20

0.02 0.06 0.09

0.02 0.39 0.30

0.02 0.02 0.22

0.11 0.06

0.03 0.03

0.11

0.06

0.06 0.28 0.42 0.28 0.30 0.73 0.02

0.01 0.04 0.20 0.16 0.10 0.20 0.01

0.13 0.16

0.04 0.02

0.27 0.30

0.13 0.19

14.40 0.42 0.09 0.62 0.06 0.08 0.09

6.12 0.02 0.02 0.13 0.05 0.02 0.07

0.20

0.07

0.14 0.10 0.10

0.05 0.02 0.04

0.17 0.66 0.06

0.05 0.24 0.02

Optimus Gold Ord Mountain Pac Arc Res Pan Andean Min Parallel Mng Parlane Res Pedro Res Primary Energy Quantum Cobalt Quartz Mtn Res Quinto Res Rare Element* Red Oak Mining Reliant Gold Remington Res Riley Gold Rizal Res Rockland Mnls Ross River Royal Gold Sage Gold Samco Gold Scotch Creek Secova Mtls Sennen Potash Sierra Madre Southern Arc SouthGobi Res Southstone Min Stans Energy Stria Lithium Surge Explor Talmora Diamd Tearlach Res Trench Metals Tri-River Vent TriMetals Mng Vale* ValOre Metals Vangold Res Vatic Vent Venerable Vent Whitemud Res Winshear Gold Worldwide Res Yukoterre Res Zadar Ventures Zara Res Zena Mining Zinc One Res Zinco Mng Zincore Mtls

EXC

BID

V V V V V V V C C V V X V C V V V V V V V V C V V V V T V V V V C V V V T N V V V V V V V C V C V V V V

0.12 0.30 0.03 ...

0.13 0.07 0.09 ... ...

0.16 0.02 0.11 0.10 ...

0.19 0.51 0.01 0.07 ...

0.33 0.01 0.01 0.16 0.05 ...

0.11 0.32 ...

0.01 0.01 0.03 0.39 0.02 0.11 0.55 ...

0.11 ...

0.06 0.32 0.05 0.13 0.01 0.12 0.05 ...

0.35 ...

0.16 0.01 0.05 0.05

ASK

0.15 0.30 0.25 0.08 0.56 0.07 0.14 ... ...

0.20 0.02 0.16 0.20 0.02 0.28 0.60 0.02 0.08 0.26 0.40 0.01 0.04 0.20 0.06 1.10 0.15 0.90 0.12 0.01 0.01 0.03 0.44 0.03 0.20 0.55 ...

0.12 ...

0.07 0.32 ...

0.20 0.02 0.14 0.06 ...

0.35 ...

0.22 0.02 0.07 0.40

LAST

0.15 0.20 0.16 0.09 0.15 0.07 0.13 0.17 1.10 0.15 0.08 0.15 0.10 0.02 0.18 0.60 0.02 0.08 0.26 0.40 0.02 0.05 0.16 0.05 0.45 0.11 0.89 0.09 0.01 0.01 0.02 0.39 0.02 0.11 0.55 0.04 0.12 10.24 0.07 0.28 0.10 0.12 0.02 0.14 0.04 0.10 0.30 0.07 0.22 0.01 0.05 0.05

HIGH

LOW

0.18 0.25 0.21 0.09 0.20 0.10 0.19 0.82 3.15 0.24 0.08 0.89 0.15

0.01 0.06 0.16 0.08 0.10 0.02 0.09 0.16 0.20 0.06 0.02 0.06 0.07

0.35 0.62

0.07 0.11

0.11

0.01

0.60

0.20

0.25

0.07

0.20 0.93 0.20 0.04 0.02 0.03 0.23 0.05 0.15 0.22

0.04 0.24 0.06 0.01 0.01 0.01 0.03 0.01 0.10 0.04

0.12 11.10 0.13 0.34

0.03 6.57 0.07 0.03

0.15 0.03 0.15 0.07 0.10 0.35 0.22 0.22 0.03

0.03 0.01 0.05 0.02 0.08 0.11 0.07 0.04 0.01

24

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